I am applying for a place on the Master of Business (M.B.A) course at Moi University, because I am very interested in the topics covered principally quantitative finance and Risk management. My interest in these areas was first awakened during my undergraduate studies at the University of Nairobi where I studied Business Management. I chose to do a final year research topic on Quantitative Stock market prediction techniques. During my research I obtained documents relating to financial calculus and my interest was further stimulated when reading volatility based trading by Kirk Northington. Your course not only covers the above topics but will also introduce me to new areas of quantitative finance and risk management which will broaden my knowledge and understanding of the topic as a whole. I attained a high mark for my dissertation and I am keen to build on my interest in research during the dissertation section of the course. I am expecting to attain a second class honors upper division or first class degree which I hope will validate my academic ability to study at this level.
My job placement at Equity Bank between June 2010 and September 2010 strengthened my interest in the areas of quantitative finance and I was able to experience the impact of quantitative techniques on financial markets in a working environment. My main role was to monitor the effects of interest rates through central bank data and to analyse it based on real time market activity. I wrote a report on my findings which was well acknowledged by my organization. This experience helped me to develop relevant skills in studying financial markets, understanding market drivers and managing financial risk.
I am particularly keen to study at the department of finance and economics at Moi University because of your research interests in finance and your reputation of excellence in these fields. The international repute of the department attracts such a variety of students and I believe it will be a stimulating environment in which to study at graduate level. Your university also provides outstanding working and leisure facilities for graduate students which prove your commitment to the graduate student body.
Following the graduate course I would like to pursue my interest in research in the area of quantum financial trading either through doing a PhD or possibly researching with a major bank or other financial sector player. I believe my skill and competence level is in tandem with Moi University’s graduate level requirements.
Writing a Personal Statement?
Ben Frederick M.D.