Baruch MFE Seeking advice for personal statement essay

[yolandaZann]

Hi, guys, I'm applying for a baunch of MFE programs. And I've written the draft of my personal statement. But my problem is, I'm math major, and since I have no background education in Finance, I can only find internships related to IT field :
1. Accenture(3 months), a project doing service parts planning for a World famous Auto company~
2. a 2-monthe internship in the Hong Kong branch of the second biggest telecommunication company in China
3. And in this month, I'm starting my internship in Bank of Montreal, in the IT department.

So you see that my internships are all IT related. I'm worried about how to portray this in my personal statement, how can I relate my internship to the MFE program, or any career choices in this field? Would it be weird if i say i want to '' find a full time job in an operation or risk management department for a prestigious company''?

And also I have done some research projects in my school, one of which is to build a risk assessing software. I help design the market risk part~ Since this one is kind of risk managemnt. Do you think I should focus on this part rather than my internship?

Still confusing and undecided. Appreciate if you have some advice~

 

[yolandaZann]

45 views and no replies...seriously. I'm just looking for some general opinions.

 

[mfegrad]

yes, seriously. note: when asking for help, being rude isn't the way to garner yourself any favors. it could be that the 45 others were others in the same boat as you.

advice:

a) figure out why you want to go into the field of finance (most applicants use overly generic language that is absolutely meaningless; avoid that. i.e., working for a prestigious company is not a goal in and of itself).
b) figure out why an mfe would help you in those goals.
c) begin typing.

 

[yolandaZann]

yes, seriously. note: when asking for help, being rude isn't the way to garner yourself any favors. it could be that the 45 others were others in the same boat as you.

advice:

a) figure out why you want to go into the field of finance (most applicants use overly generic language that is absolutely meaningless; avoid that. i.e., working for a prestigious company is not a goal in and of itself).
b) figure out why an mfe would help you in those goals.
c) begin typing.

I'm sorry if I sound rude, I really don't mean that. I'm not a native speaker, so I'm not so sure about the tones behind the words. haven't realized "seriously" is that strong a word.
Thanks for your advice! Yes I should find my answers to these questions first, even I myself consider the present answers I give pretty naive and lack of detail. I'm trying to avoid that. Perhaps "what you think" is more important than "what have you done".

Thanks again.

 

[mfegrad]

I'm sorry if I sound rude, I really don't mean that. I'm not a native speaker, so I'm not so sure about the tones behind the words. haven't realized "seriously" is that strong a word.
Thanks for your advice! Yes I should find my answers to these questions first, even I myself consider the present answers I give pretty naive and lack of detail. I'm trying to avoid that. Perhaps "what you think" is more important than "what have you done".

Thanks again.

seriously is often used sarcastically, especially when it's used by itself. if someone cuts in front of you in line or something, you might say: "seriously?"

and yes, if you're interested in risk, that's great. just fully flesh out why you're interested and where that might lead you. do you want to be analyzing all securities? specialize in one product/area? what interests you about risk? you can absolutely say things like you believe it to be a growing area (pointing out some regulatory stuff happening might help you back up your statement), etc.

 

[yolandaZann]

seriously is often used sarcastically, especially when it's used by itself. if someone cuts in front of you in line or something, you might say: "seriously?"

and yes, if you're interested in risk, that's great. just fully flesh out why you're interested and where that might lead you. do you want to be analyzing all securities? specialize in one product/area? what interests you about risk? you can absolutely say things like you believe it to be a growing area (pointing out some regulatory stuff happening might help you back up your statement), etc.

Thank you so much for your precious advice! and also for pointing out my mistake and explaining to me how the word is used in life. Now I learn that, and I'll try to be more careful with words from now on.

yes, I'm interested in risk, and would like do risk in the future, probably a market risk analyst? not so sure though. But I still need to do some research since I know little about what kinds of risk analyts there are.
Actually I'm also interested in optimization, I like this course and curious about its application in Finance. But is it a minus if I also mention this interest in my personal statement? Will readers think "this applicant is not focused and have no clear aim" ?

 

[Andy Nguyen]

https://www.quantnet.com/tags/market+risk/