Personal Statement - Essay Example

I had the great opportunity to work at Glorysky Group and Macau Natural Gas, both of which have provided me with intensive training as well as a valuable opportunity to implement my skills and knowledge from my studies. I conducted research in the global energy market and compiled regular reports regarding energy price fluctuation, which I presented to the group’s executive managers. My research has provided my supervisor with credible information about various topics, ranging from price volatility to anticipated profits due to fluctuations in international LNG demand.

Furthermore, I was involved in the provision of risk-hedging strategies to Macau Natural Gas, mainly on interest rates and exchange rates, which are the company’s major concern. My research and strategy has contributed valuably to future funding plans, as well as to discovering the best market opportunities. These experiences contribute majorly to my research proposal. Furthermore, to ascertain competence in this field, which lies outside my economics curriculum, I have endeavored to gain some additional qualifications more relevant to the field of risk management.

For this purpose, I studied and passed the Professional Risk Manager (PRMTM ) designation. To enhance skills on the same, I have studied and passed the Chartered Financial Analysis Program (CFA), level 1 and the Financial Risk Manager Program (FRM), level 1. These external studies are achievements that distinguish me from the other candidates; since a significant amount of extra time and effort has been invested in gathering academic knowledge as well as work experience. Initially, choosing my focus of research between agriculture and energy presented quite a challenge for me, since these are currently the two most forthcoming scarcity issues concerning economists.

I have confirmed, however, that my interest is greatly biased towards energy rather than the alternative, as I discovered after traveling the world. Additionally, “Oil on the Brain” by Lisa Margonelli was a true inspiration for me. She indicated that studying a subject is beyond the scope of simply reading text from books and that personal experience is equally important. Fortunately, I have friends and relatives scattered in various industries across the globe, and thus, I was able to gain exceptional access to restricted mining sites to explore the exciting scenes.

In particular, Lisa Margonelli mentioned some of the scenes in her books; sights that could get anyone amazed and completely addicted. My trip to Alberta last year was only the start of my journey. The joint venture of Macau Natural Gas and Sinopec will grant me unlimited access to various energy plant sites in Asia, particularly Mainland China, which will thus be my plan for this year. Furthermore, I believe that I have comprehended my weakness explicitly, which makes my progression to graduate studies essential.

My major techniques for measuring price predictions are through econometrics and mathematical modeling, while employing specific programs, making it limited yet efficient. MSc Economics was also vital to intensify my econometrics modeling. Furthermore, having a better understanding in macroeconomics provided me with a bigger picture of the world economy and with sophisticated quantitative skills. An MSc in Finance on the other hand provided me with the better