Peak globalization
Peak globalization is yet to shape the future of the global economies. Presently, there is precedented increase in the number of business seeking international presence, which is largely contributed to the need to increase the profit margin. the intention expanding is controlled by several factors such as the internal financial capacity, trading laws, and other microenvironments, which have a direct impact on the operations of an organization. Similarly, understanding the behaviour of customers in different regions is paramount, in enhancing proper investment. Predicting future performance of the economy is, therefore, an essential aspect, that would enable the management to allocate resources in the right areas. My intention to pursue a career in economics is geared towards understanding economic theories such as Classical economic theory, to assist the leaders in making informed projections about the future of the market.
Economics is where my passion and interest fall, because it offered me a chance to combine both the financial and behavioural aspect of the customers, in making decisions. This journey of personal development began at the University of Richmond, where I specialized in BSc of Science in Mathematical Economics. While here, my quantitative skills were highly improved, since I learned how to use mathematical models, to project the performance of the economy. I did a subject on mathematical economics, which permitted me to conduct quantifiable tests and create models to predict future economic activity by use of tools such as PowerBI, Tableau, and Matlab. Also, the study of macroeconomics theory, which enabled me to relate the phenomena of output, unemployment, and inflation. I now have enough basis, to proceed with a master of economics, to unravel more about the drivers of the various markets.
Apart from academics, I have taken time to gain working experience. To start, I worked at China International Capital Corporation as an intern in the Investment Banking Division. I retrieved data from Bloomberg, processed with Python programming language, and used the final output to prepare daily newsletters. Through this, I gained enough knowledge about the performance of the banking sectors, thus developing in me requisite data analysis skills. As a result, the managers were able to understand the trends of the market, which assisted in the allocation of resources in the investments with high returns. Equally, I had a chance to intern at KPMG Huazhen LLP., One of my responsibilities included exchanging information with the clients in the auditing process, which improved my communication skills, which is important in underrating the behaviours of the customers. Conducting regular auditing assisted the company to identify the problems with our clients’ businesses, thus helping them in fraud prevention.
The School of Economics looms large in my mind since it has quality research faculty, well-organized programs of study, extensive opportunities for student-faculty interaction and a diverse offering of specializations. The university will expose me to workshops in economics, as I gain skills to become an economist, and later work as an economic researcher. It is this variation of perspective that makes economics an appealing course to study at UBC.