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Admission Essay for Accounting Major

Since my high school days, I had fancied to be an engineer. However, during my first few days of joining high school, an incident occurred that was a turning point to my career wishes. I had lost all my school fees! I imagined how my parents had struggled in providing me the school fees. I thought of the previous incidents where I had lost money or misused money in unclear circumstances. The only problem this time round was that the loss was much bigger; the entire school fees for that year had gone missing in my custody. Even though the repercussion from my parents was not that severe, the recommendation was that, I was never to be allowed to carry money again. What kind of life would I have if I were unable to manage and control my finances? I asked myself this question several times. It is then that I changed my mind to have a career in the finance.

Soon after this incident, I embarked on reading about investment and saving from books, and the financial pages of my local newspapers. I learned that you do not have to be employed in order to start saving and planning for investments. By the end of my high school, I had saved enough money to invest in the minimal stock exchange. However again, I lost virtually all the money in this investment because of minimal knowledge in stock exchange and Forex investment.

 

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For the first time, the words of Vicktor Frankl that “nothing in the world can help one survive even the worst conditions as the knowledge that there is meaning in one’s life” become a reality to me. Life to me was not just success but failures as well. How many times one could wake up after every failure was now more meaningful to me. I developed a very high passion to study finance, stock market and economics. This is what I exactly went for.

In a small family of 3 to 4 members, who are related, share a common culture and way of doing things, it takes tremendous effort to satisfy every member’s needs and to keep them bonded together as a unit because of the different opinions they hold and the limited resources. One key major resources that is limited is finance, and world over cases have been reported on the poor financial management form family units to corporate like the Enron which crumbled due to poor financial management. Therefore, a good mastery of the management and use of finances is not only good for the corporations that one works for, but at a very personal and family level. Companies are putting on a global face with offices getting dotted on every continent of this world. It is therefore imperative to have economies and financial accounting knowledge of different nations and continents as an important ingredient in the workplace. A formal training in advanced accounting will enable me to overcome workplace challenges and provide leadership in financial management and operations within the company I will be working for.

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What better it would be other than studying advanced accounting at XXX University for my graduate course in the United States. XXX is a renowned institute where I will get an opportunity to interact and learn from individuals who are as passionate about this subject. My career aspiration is to make a mark in the field of financial accounting and by bringing such changes where there would be a win-win situation between the management and other stakeholders of the company. I am hard working, able to meet deadlines, can work and deliver under pressure and have above average academic abilities to tackle the heavy workload that comes with a degree program. I will adhere to all the rules and regulations governing your institution and will endeavour myself in doing exactly what brought me to your institution.

My main area of focus being business related studies, I am well aware of what is required of me as a student in order to transition smoothly into today’s business careers. Having acquired fundamental knowledge in business, economics and law as I pursued my International Business major, I am now ready to venture into the accounting waters in a major way. Therefore, my choice of a higher learning institution is one that will impart the necessary verbal and quantitative reasoning skills that will propel me to the front of the modern business world. The ability to put theory to practice cannot be overlooked as far as acquiring higher education is concerned. Being a leading world economy, United States offers just the right platform for anyone interested in learning about the dynamics of an active market. The recent economic crisis that swept across the US had many predicting the end of its economical dominance in the world, still in a modern day wonder well versed and educated economical gurus put in place counter measures that have seen things start to look up for the United States whereas many other countries with similar predicaments are still wallowing. While many may be hesitant about the situation in US right now, it is just the right time and place for an economy and stock markets scholar. With the respective parties being more vigilant of the situation and just having added to their knowledge bank a few other pointers, it is really proving an irresistible learning field for anyone who in future hopes to be in the helm of a dynamic market in its own right.

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I believing by instilling ethics and morality to young people will to towards making the world a better. Guiding young people on importance of avoiding drugs, sexual immorality and having a moral upright life has been a rewarding experience to me in my local community. Always being in a position to develop a good rapport with young people, I possess a talent for encouraging and advising others in a way that helps them to understand the importance of positive living. I have also voluntarily helped younger members with reading difficulties. I am hardworking, assertive, and extremely motivated person who can work well in a team or as an individual. A part from financial matters, environmental issues are very much dear to me. Following the current deteriorating environment due to greenhouse effect, I have been developing great interest in the matter. I am therefore looking forward to joining the environmental club and conservation group in the university.

On an informal note, I am looking forward to learning different dance styles, introduce the local dance to the university, and allow different students and lecturers to learn about my culture. I will too benefit from the cultural diversity of the population at XXX University. Culture is an important tool in the work place. I enthusiastic about handball and occasionally I play in the college team. Being an active theatre participant has seen me scope several awards. I believe a good future lies with saving now. I am therefore a hobby trader on the stock market (NSE). My interests started while I was in my first year after being given the responsibilities to manage my father’s equity portfolio. My business motto is “Don’t put all your eggs in one basket”.

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