Statement of Purpose for Business Studies

1309 Words Sep 3rd, 2010 6 Pages
STATEMENT OF PURPOSE
I am entering the most crucial phase in my life; a phase during which I need to make significant academic decisions that will have a bearing on my future life and career. After thorough introspection of my strengths and interests I have concluded that a program that integrates Economics, Accounts and Business studies is the most appropriate choice for me.

My father is a Fellow Chartered Accountant and Associate Cost and Works Accountant. He works in the area of international development, handling loan disbursement, financial appraisal, review of accounts and audited statements of different development projects financed by the Asian Development Bank (ADB). He is presently posted in ADB, Manila and supervises the
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In eleventh grade, I successfully completed a project in Economics using statistical tools of analysis. The project was to design and conduct a survey on the use of mobile phones and interpretation of the result using graphs, pie charts and percentages. This project helped me comprehend the basic concepts of Statistics such as formulating appropriate questionnaires to elicit adequate and useful information, conducting surveys, using analytical tools of statistics, interpretation of results and conjecturing.

I also undertook a project in Business Studies on Shares and Debentures and stock market. This project was assigned to make us familiar with the various financial instruments used in the stock market. This project helped me gain insights into the fundamentals of the subject and get an overview of the finance and the Stock market. Recently, in twelfth grade, we were assigned project in Accountancy on the Analysis of Financial Statements. This project required us to take a company’s audited financial statements and analyze its operational stability and financial soundness with the help of accounting ratios, share price analysis and cash flow statements. This project has proved to be a ready-reckoner that has helped me understand several concepts through practical analysis and
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