The Chinese University of Hong Kong – MSc in Financial Technology
Financial procedures have seen a tremendous transformation over the past century following the emergence of fields like financial technology. This emerging discipline is aimed at applying technological innovations to the financial services sector. Presently, there are significant changes in how the numerous finance aspects are processed, and this includes investment, data storage, type of currency, and payments. FinTech is improving the experiences of its end users while at the same time presents a challenge with regards to understanding its benefits and risks. These findings indicate FinTech professionals are needed in the current world of finance, mainly to apply their knowledge in addressing hiccups regarding this field. I am interested in pursuing MSc. in Financial Technology in this institution because I will develop an understanding of the integration between finance and technology and apply the skills gained on these subjects to addressing issues in the real-world.
Numerous features of this course are of interest to me. I am particularly interested in participating in the course’s internship session. The internship experience will be an opportunity to apply the knowledge gained in class in finance and technology and the integration of the two subjects to real-life scenarios. This experience will lay a foundation for me to thrive in the workplace. Don't use plagiarised sources.Get your custom essay just from $11/page
My undergraduate studies accorded me the opportunity to handle projects, which are befitting to my current academic quests. In one group project covered under modelling and simulation management, my team focused on HIV in the U.S., mainly looking at how it spreads and how it can be controlled. This was facilitated by the use of modelling and simulation to project data. By the end of the project, we used insight from the simulation to inform management decisions. This project was instrumental in giving me the basics of modelling and simulation, which is vital in the area of financial risk management, a core area of this program. Aside from developing my programming skills, my analytical skills were developed as a result of the project.
I have previously worked at Ping An Insurance Company, where I was an insurance sales intern. In this role, I obtained deep knowledge about the insurance market in China. I conducted a thorough analysis of the market, and I came up with a report that detailed how the company could undertake its sales using an updated insight from the products and strategies the competitors employed. My financial skills were also promoted as a result of holding this position. I intend to work in the options, and quantitative trading sector and this experience prepared me to not only learn CFA but also for the real world, particularly in the future, where FinTech will help make money management safer, easier and effective.
My short-term career aspiration is to increase my professional knowledge in the areas of finance and technology, which I would apply to my area of employment in the FinTech field and thus help me solve financial problems in the 21st-century tech world. My long-term aspiration is to set up my company, where my area of focus would be quantitative trading.
Being accorded the opportunity to study in this institution would be a dream come true because I would be reminded each day of how close I am to realizing my career goals. I welcome any opportunity to discuss in-depth and to defend my candidacy for consideration in this program.
CUHK – Master of Information and Technology Management [Modify ~300 words from the previous piece to tailor this specific stream, the full piece should be 550 words max]
The unfortunate bit evidenced in surveys and numerous reports is that most finance professionals are not evolving and upgrading their skills fast enough to accommodate the role of artificial intelligence, automation, and other technologies in their day to day roles. With new technologies infiltrating the traditional finance duties, it becomes necessary to amass competencies in areas like new business models, cybersecurity, and data analytics. Learning these skills means finance professionals can compete and thrive in the complex and rapidly changing financial world. What I gather from this, is that as a finance graduate, I should not fixate my mind on finance only, but I should adapt to the current changing world, which is operating on the information technology wave. With a finance and information technology management understanding, I will be positioned well for thriving in my future career goals. This explains why I want to study Information and Technology Management with my finance background.
My undergraduate studies accorded me the opportunity to handle projects, which are befitting to my current academic quests. In one group project covered under modelling and simulation management, my team focused on HIV in the U.S., mainly looking at how it spreads and how it can be controlled. This was facilitated by the use of modelling and simulation to project data. By the end of the project, we used insight from the simulation to inform management decisions. This project was instrumental in giving me the basics of modelling and simulation, which are vital areas in information and technology management. This project bestowed upon me the basics for understanding business process analysis and simulation, which is an elective course offered under this MSc Program. Thanks to this project, I will be able to tackle advanced quantitative tasks and thus build on my quantitative skills when pursuing this program. Further, from the skills gained as a result of undertaking this group project, I developed an understanding of assessing business performance and using the knowledge gained to enhance decision making, especially on matters of business or process improvement. In general, my rich academic background has imparted me with foundational skills that will help me excel in the various facets of this program.
My work experience was also imperative in preparing me to thrive in this program. I have previously worked as a sales intern at Ping An Insurance. In this capacity, I demonstrated a high quality of work and great attention to detail by reviewing insurance applications, scheduling inspections, and amending order preparation for processing client claims. Insurance is a sensitive field where attention to detail is necessary. Having developed this skill, I can comfortably thrive in this program because information and technology management pretty much requires being organized and attention to detail to enhance the level of accuracy.
My short-term career aspiration is to increase my professional knowledge and further develop relevant skills, which I would apply to my area of employment. My long-term goal is to set up my company, where my area of focus would be quantitative trading.
Being accorded the opportunity to study in this world-class institution would be a dream come true because I would be closer to achieving my career goals, which would give a tremendous personal fulfilment. As such, I welcome any opportunity to discuss in-depth and to defend my candidacy for consideration in this program.