Have you already applied and awaiting for the interview? First of all, allow me to note that Finance is a very wide field, where universities will usually give you a choice of few concentrations, such as Capital Markets, Risk Management, Development Finance, Accounting and Taxation, Corporate Finance and such. Since you are from engineering background you are already familiar with numbers and must have gotten some experience in it. However, that would not be enough of course. Let me put it in this way:
Do you see yourself as studying principles of management, economics, business and finance..?
Are you interested in risk management, interest rate risk?
Would you link more to financial engineering, market estimation?
Or would you love to expert in financial development?
Maybe accounting?
If you are linked to financial engineering and see your career in trade, risk, asset management, then you should go for Capital Markets: Capital Markets is challenging,
because you create financial products and trade them; it requires global thinking and
involves a great deal of travel; is demanding, because it takes foresight and sharp analytical
skills to succeed in the long term.
because you create financial products and trade them; it requires global thinking and
involves a great deal of travel; is demanding, because it takes foresight and sharp analytical
skills to succeed in the long term.
If you are linked towards practice in corporates' financing decisions and methodical knowledge on strategic decision making in changing environments and see yourself as one of the leaders in biggest international corporation, then go for Corporate Finance: you will learn valuation techniques, product design, hedging methods and financial intermediation and will get deep understanding of financial decision making, corporates' interactions with financial markets and
the regulatory environment.
the regulatory environment.
Then if you are more into counting and want to get firm and confident grasp of the accounting
tools and access difficult “hot topics” in areas such as accounting for financial instruments or
the assessment of credit decisions, make intelligent financial assessments of complex global companies and make career in audit industry, consulting, security analysis, credit analysis, advisory, then go for Accounting and Taxation.
tools and access difficult “hot topics” in areas such as accounting for financial instruments or
the assessment of credit decisions, make intelligent financial assessments of complex global companies and make career in audit industry, consulting, security analysis, credit analysis, advisory, then go for Accounting and Taxation.
Yet, if you find yourself interested in firm theoretical grounding in finance, economics and
Capital market development, management of remittances, infrastructure finance, micro-finance and energy and commodity finance development and want to make career in an international organization (e.g. World Bank);financial institutions et cetera, go for Development Finance. It is exciting area in growing market, where you can expand your horizons.
Capital market development, management of remittances, infrastructure finance, micro-finance and energy and commodity finance development and want to make career in an international organization (e.g. World Bank);financial institutions et cetera, go for Development Finance. It is exciting area in growing market, where you can expand your horizons.
Yet you can go for Risk management.
Now, why do I give you these examples? If you narrow your interest into one particular field, it will be easier for you to stress your point during the interview and give very good examples (which are very important and you must try to provide it and evaluate on it). Once you know your own particular interest you will be able to draw the image of your future, your role and how will it be useful in one or the other situation to the company, country, people, yourself and so on. Then you will be able to think of why do you want to study finance for sure and will perform with confidence during the interview, which is also very important.
Finance is a vast, promising field, where one needs to be ready to take challenges, deal with different situations, expand their horizons, show up as the leader in various situations and be willing to make the change. Maybe, you are the next one to do so?
We do offer Master of Finance course, which could be one of your choices and if you would like to take a look at the course sheet and requirements, do let me know. You can drop me a message here or your email address to which I could send you more information on the course and answer your queries accordingly.
Hope, it would help you to answer your question and clear the doubts on Why Finance for study.
Inga
