I want to find out more about several aspects of Business that I have come across during my A-level studies and my own independent activities. The many different ways a Balance Sheet can be constructed and interpreted is one such example, and the modules you offer over the full three years of the degree would give me this level of in-depth understanding.
My interest in Finance is the management of public debt with particular reference to the Eurozone. While I closely follow the views of Draghi and Lagarde, it was Krugman’s analysis of “asymmetric shocks” to a single currency system in “End this Depression Now!” which taught me the most.
I am interested in the complex ethical dilemmas involved in Finance, whether this be public finance decision makers deciding which part of a nation’s budget to cut when this will have a direct impact on the quality of life of the poorest, the approval of accounts by prestigious auditing firms and credit rating agencies of companies such as Enron and RBS, or the creation of low tax pathways for firms such as Starbucks and Google. Along with following current affairs, this degree will require the imagination to see how a changing political and global economic landscape will influence policy choices. Tracking Switzerland’s immigration referendum and Turkey’s shift towards Russia has convinced me of the likelihood of major structural reforms within the Eurozone.
Studying two European languages (German and Spanish) at A-level, in addition to Maths and Economics, I have taught myself enough economic vocabulary to read the financial pages of newspapers in those countries, including a recent article in the Handelsblatt about how the yields (Renditen) on bonds are influenced by geopolitics and shifting exchange rates (Wechselkursen).
I have attended several public lectures at the London School of Economics, including “Depression Economics” and “Japan’s Lost Decade”. Linking these lectures to the responses of Abe and Bernanke to the Global Financial Crisis has given me a taste of the thinking and analysis that this degree requires. Your university’s close ties with European counterparts, the Erasmus Programme, and modules on Public Finance are major draws.
I chose my A-levels to give me a strong quantitative background and use my extracurricular activities to develop softer skills. Becoming first involved in the school Student Council and then joining the youth section of the Labour Party, I am currently active in preparations for the European Elections and early stage constituency policy discussions regarding the Party’s manifesto for the General Election. Through the Student Council I have successfully introduced two initiatives. Firstly, we now have recycling bins for each different type of waste in every building (previously, we only had two). Secondly, I proposed turning a large flower bed into a vegetable garden so that students can understand properly about planting and growing food. We donate any produce to a local food bank charity.
As a female in mostly male classes I sometimes need to push to make myself heard, which I think I have done well. Performing violin solos in front of 300 people was the culmination of reaching Grade 8 and five years hard work. I fully commit to whatever I start and this same sense of achievement is what I expect when I graduate. As Captain of the school netball team and a member of the county squad, I have become adept at decision-making and analysis, both individually and as part of a group, which I hope will help with the challenges involved in this degree.
Enhancing my research, computing, teamwork, and quantitative analysis skills, I am confident that this degree will provide me with an excellent foundation for whichever career direction I pursue. The extra support provided by the Careers Service, including courses and internship / job application advice, is an added bonus.