Financial Engineering专业文书

Finance, as a field, had always fascinated me right from my undergraduate college days. I believe my penchant for this field stems from the fact that Finance runs in my family. My father is a chartered accountant and my mother is a banker. During my days at Engineering College I used to go to my father's office and help him manage his portfolio of equities and other financial instruments. This was the time I learnt the first lesson of finance from my father i.e. risk and return are proportionate. In 1994 when I was in the second year the Indian stock market crashed. But fortunately, my father had a well-diversified portfolio because of which our returns were protected from the downside risk. This was when I learnt the second principle of finance from my father i.e. diversification reduces risk. While I understood these two principles intuitively, it produced in me a strong urge to learn and understand the complex theory behind the working of Finance. This, I believe, was a turning point in my career. I made up my mind to pursue a career in Finance and hence decided to do a Masters program in Business Administration.

Hence I took admission in Post Graduate Diploma in Business Administration (PGDBA) at AB Institute of Management Studies (ABIMS), New Delhi, which is one of the prominent Business schools in India. During PGDBA, I developed a strong penchant for quantitative-oriented subjects like Portfolio theory, Derivatives and International Finance.

During the first year of PGDBA I learnt how Derivatives can play an important role in optimizing a Portfolio's performance and in managing risk. This exposure left me wanting for more knowledge in the area of Risk Management. Because of my penchant for the rigor in Derivatives and Risk Management I took my summer internship at LTCM-securities, one of the leading investment banks in India. During my project I learnt about various risks associated with Infrastructure Projects and how they were mitigated using different risk models and structured finance products. It was at this time that I realized the importance of mathematics and programming as invaluable tools in Finance. I had always felt that applying my technical knowledge to the field of Finance would be highly satisfying. This internship, thus, helped me crystallize my goals as I decided to make a career in Risk Management.

In India with the onset of liberalization since 1991 and deregulation of the interest rates, the Indian corporations and financial institutions are exposed to various kinds of risks. The Government and the Reserve Bank of India have initiated appropriate reforms to develop derivatives markets and financial markets on the whole. This has suddenly increased the demand for professionals who can not only understand but also develop new financial instruments to evaluate and hedge the risk. I believe that in order to use financial engineering pro-actively and dynamically for optimum hedging a finance professional should be well versed with the mathematics that underlie the financial theory.

In the future I see myself, as a Finance professional, designing structured financial products by incorporating cutting edge methodologies and sophisticated tools in order to cater to the above mentioned requirements. To achieve this I would like to gain exposure to the latest practices adopted in the field of Financial Engineering and Risk Management. To this end I would want to work with a leading investment bank or in the treasury of a commercial bank, which would enable me to help corporations manage their risks. I would like to bring this acquired expertise back to India and use it to help companies thrive in a dynamic environment.

I believe that my educational background has instilled in me the qualities required to meet the rigor of this demanding profession. Graduation in Engineering has provided a strong foundation in Mathematics and Computer Programming. Mathematics was one subject in which I had always excelled right from my school days. During the course of my Engineering education I took up a project with MH Electronics, a firm which is a vendor of Indian Ocean Research Organisation (IORO). This was because the project, which I was offered, required extensive use of C programming language and MATLAB. This project of developing the software for a video-processing card (Frame Grabber) for the first time gave me a real world experience of programming. This association helped a lot in consolidating my programming skills, especially in C-language. Thus, it inculcated in me problem solving and analytical abilities.

Thereafter the two-year program in Business Administration has not only given me a sound and firm grounding in finance but also taught me the invaluable skills to manage, lead and collaborate effectively with people. It also developed in me the ability to analyse problems from a business perspective keeping in mind the constraints and limitations of the real world.
I strongly feel that M.Eng in Financial Engineering program at Kingston University is a highly structured program because it provides the right balance between theory and practice. The annual workshops at the Centre for Applied Probability and Computational Optimization Research Centre would give me ample of opportunities to apply my knowledge to real world problems.

I bring along a strong grasp of fundamentals in Finance and Engineering, an insider's experience of an emerging financial market, a penchant for teamwork and leadership and a zest for challenges. I would like to take with me in addition to the knowledge of the latest theory and practices in the field of Financial Engineering, a network of strong and lasting relationships with my teachers and fellow-students.

I hope my background and qualifications are found suitable for admission to M.Eng in Financial Engineering program at Kingston University, USA.

太傻评语：

这篇文章最要通过表现申请者本科时的工程基础（数学和编程），以及管理学基础（评估与管理风险）。并都结合了一些实践经历，充分说明申请者已具有了金融工程所需要的知识基础和实践基础。整篇文章结构比较普通，但内容很充实，很有说服力。

译文：

我读本科时就十分喜欢金融，产生这兴趣和金融对我家产生的影响是有一定的联系的。我父亲是注册会计师，母亲是银行家。在工程学院读本科期间，我曾经去父亲的办公室协助他管理资产公文和其他财务文件。在那里我第一次学习到了一些金融原理，如：风险与回报是成正比的。我读大二时正值1994年印度证券市场出现危机。不过我父亲还是挺幸运的，由于他把资金分配到了各种项目上，使得收益没有因为证券的大幅下跌而遭受很大的损失。这是我从父亲那里学到的第二条金融方面的原理：资金投入的多样性能降低风险。对这两个原理我已有了直观的理解，我也因此很想去学习一些更复杂的金融理论。我想，这就是我人生的转折点，我决定将来要在金融领域发展自己的事业，并打算去读MBA。

于是我去新德里读了AB管理学院的工商管理研究生课程，这个学校是印度最优秀的管理学校之一。我对那里读的涉及数学方法的课程很感兴趣，如：最佳证券投资理论、金融衍生、国际金融。

第一年，我学习了金融衍生对优化资金运作和风险管理的重要作用，自己另外还学了许多有关风险管理的知识。因为我对衍生物和风险管理的精确程度很好奇，所以参加了长期管理公司证券部的暑假实习，这是印度最有影响力的投资银行之一。我学习了各种基础设施项目的风险、风险模型降低风险、产生金融产品的原理。我开始明白了数学和编程是研究金融学的重要工具，能够运用自己掌握的知识技术来解决金融问题使我感到十分高兴。通过这次实习，我也明确了自己以后要在风险管理方向的发展事业。

1991年印度爆发金融危机，利率失常，印度企业和金融机构面临各种风险。印度政府和储备银行 已经为发展衍生市场和金融市场作出了相应的整体的改革来。这样就扩大了对懂得并能开发评估和避免风险的金融工具的专业人才的需求。我认为要使用金融工程更好地避免风险，一个金融专业人才必须精通金融理论中蕴含的数学原理。

我将来会成为一个金融专家，总结各种前沿的方法和工具来设计满足上述要求的金融产品。在那期间，我会接触一些金融工程和风险管理中使用的最新的方法。我还会去投资银行或商业银行的财政部门工作，协助企业管理风险。我会将自己获得的专业技术带回印度，并运用它帮助公司在瞬息万变的形势中繁荣发展。

我相信，我接受的教育使我有足够的能力符合这个工作对专业素质的要求。工程学科的学习使我具有了很强的数学和编程的能力。从我开始上学起，数学成绩就一直很好，本科工程学学习期间，我协助一个印度洋研究组织下的MH Electronics公司做了一个项目这个项目需要使用到大量的C语言编程和Matlab程序。这个项目的主要目的是开发视频处理卡的软件(视频处理采集系统)，我第一次在编程方面有了实践经验。这次合作帮助巩固了我的编程技术，尤其是C语言，培养了我处理问题和分析问题的能力。

在那之后2年的工商管理课程不仅为我打下了坚实的金融知识基础，还教会了我重要的管理技巧、领导和与别人更有效地合作的方法。我牢记真实世界里的各种约束限制，分析商业前景问题的能力得到了很大的提高。我发现金斯敦大学的金融工程硕士课程非常好，因为它兼顾理论与实践能力的发展。应用概率论和计算最优化研究中心每年的实践机会将给我提供更多运用知识解决实际问题的机会.

我具有很强的金融和工程学的知识基础，以及对金融市场的经验、对领导团队与合作的热情、敢于挑战的勇气。除了最新的金融工程理论和实践，我还想认识更多的老师和优秀的学生。

我希望我的背景条件能够被美国金斯敦大学金融工程硕士课程录取。