Studying Masters in Business and Administration - Personal Statement Example

Personal ment I have often had to justify my interest in studying business administration, sometimes even to explain myself to my peers and relatives who feel that I was qualified for something more technical and “safe”. “Why not do medicine or engineering?” Close friends and relatives have often asked this question to me, and they were justified to ask, in these uncertain economic times. Most people consider it is easier and safer to pursue a technical career where one is almost assured of a job preferably in a successful corporate or even the government. My parents thought that majoring in business in my undergraduate was a gamble, as I was trending on thin ice whose underside was an icy lake of frustration, stiff competition and unemployment. Like any other student of business, I often brushed it off by stating that I wanted to acquire the skills and knowledge in order to be self-employed and possibly run a successful company of my own. However, whenever I gave this answer I was saying what I felt, but, like many high school leavers, I did not really know as much as I would have wanted to have others believe in me. Later watching news in collage as a business major, I started to reflect on my life and asked myself why I had not taken a “safer” career path. This is because it was in the middle of the global recession from which many countries are still currently recovering from and businesses were collapsing all over the world. In addition, individuals in the positions I secretly hoped to be were being laid off at an alarming rate. I hoped secretly because as much as I would never admit to it, I was as optimistic about getting a high flying job, as I was about going in business for myself, in fact the latter scared me off due to the risks associated. Consequently, here I was in business school asking myself why I had not become a doctor, dentist or engineer, as anyone can run a business anyway without even going to school, the likes of Bill Gates did not study business yet they run some of the most successful firms in the world. In short, I was in a field competing with anyone who had ever had a business idea, nothing in my mind could have been more competitive and in such a cutthroat competition. In a nutshell I was half way through college and asking myself the same questions I had brushed off earlier, but this time I was more determined and reflected and evaluated my choices deeper and this time I second guessed my answers and worked myself to a mental state bordering on paranoia. However, I realized much later that I was not alone in my fears, talking to friends studying different course I realized that everybody had similar fears, and often ask themselves; Will we get good jobs? Will we get any jobs at all? Shall we forever be employed? or shall we at some point move out on our own and make a mark in the world? I then revisited my initial reason for studying business while majoring and it was simply because I was good at the subject naturally, I may not have been a natural sales executive or born economist, but business in any form exited me. To many of my peers Economics and accounting graphs represented content to be crammed into memory and memorized under the influence of gallons of coffee particularly the night before exams. However, to me they were as exciting as the plot of a good novel is to a book enthusiast; thus, business financials represented to me, not just figures but real and operational business. I saw in commerce more than just theories, to me these ideas were representations of people’s dreams hopes and ambitions; and I believed that the business world is where I belong. This is born out of an ambition to put to practice the knowledge garnered in business school; in addition, I have always been interested in the study of business administration from a global perspective. With time, I have come to realize that the world has become so much interconnected that a company collapsing in America can have dire consequences in another country half way around the world. The actions of business managers influence not only on their companies, but also on the global economics; such is the power and influence one wields in business management. Personally, business management is not only an avenue for improving my life, but making my mark in the world, I still dream of starting a company of my own with influence all over the world touching and improving lives globally. In order to realize this dream, my first step was to gain considerable experience that I have garnered over the last few years in several positions as an assistant manager. These experiences have enabled me to appreciate the gravity of being in charge of resources, more so human resource, as a business manager, it is crucial that one learns not only about business but about people. This is because one must delegate and rely on other individuals to get work done, for this to occur there must be mutual trust, which it is the responsibility of the manager to foster and maintain. While I learnt a great deal about these factors from my work experience and studies, I am cognizant of the fact that I not only need to gain more practical, but also theoretical knowhow. Therefore, I believe that a master’s in business management degree will be very beneficial since it can provide both the theoretical and practical knowhow in business; in addition studying outside the United States presents a host of opportunities to diversify my cultural background to deal with diversity as well as exposure to different business models. In my opinion, backed up by historical and current economic evidence, England is one of the key nations in the European Union. This organization is one of the strongest fiscal and economic blocks globally and by studying my MBA in England, I will definitely benefit from the exposure I will get from the diverse business exposure. As I had mentioned, I aspire to one day be at the helm of an international organization, preferably as an owner and director, and in order to fulfil this dream I must ensure I have exposure to different models of business so as to be versatile and capable of adapting and exploiting new experiences. This university was an obvious choice because of the culture of integrity as well as its deep history of success embodied by the large number of alumnae who have shaped both regional and global business scenes. I hope to study and research on business administration across political borders and I know that a chance to carry out the research and related topics as may be advised by my tutors in a foreign country is already positive feedback for my intended research topics. Ultimately, I am confident that should I be given an opportunity to study in your institution, my single mindedness and intrinsic motivation both as a student and researcher will benefit not only, myself but your institution in the long run. I believe that it is at your institution that I will finally find conclusive justification for my choice to study business, and from the launch pad of your university astute tutelage commence a distinguished career in business management. Read More