Economics & Accounting Personal Statement
The art of Mathematics requires a thorough mind-set of logic and practicality; this same mentality is reciprocated in many corresponding fields such as Economics, Accounting and Finance.
I feel that, with the knowledge of a combination of these subjects, I will be fully inclined to peruse a career in the world of finance. This is just one of a plethora of components that captivates me, when I think of studying in confines of Accounting and Economics.
Magazines, such as 'The Economist', 'Deloitte' and 'Fortune', allow me to keep up to date with global economics, as well as broadening my understanding of how International economies are run.
Alongside, these magazines I also enjoy reading books such as 'Rich Dad Poor Dad' and 'The Undercover Economist', which give great insights into economic principles, personal finance and financial independence. Reading articles and chapters, such as the ones in these books and magazines, further motivate me in the area of Finance, as I strive to be someone, who may, one day, be able to devise solutions for the financial and economical issues we currently face.
My A-Level subjects have aided me in many aspects of Finance and Economics. Chemistry has given me a practical way of thinking, alongside the aptitude to apply common knowledge in experimental work.
Mathematics has further engaged my infatuation towards problem solving and also enhanced my ability to utilise different arithmetical variables, which is very beneficial considering the analytical ability required in Accounting and Economics.
Studying Economics at A-Level has enabled me to develop the fundamental proficiency required for a basic understanding of how economies work and has also enabled me to develop profound opinions on economic theories, such as Keynesian economics, the idea that, during a recession, economic output and growth is mainly determined by aggregate demand; and also phenomena such as, the game theory which has given me a more strategic way of making decisions as it has improved my perception of situations faced by oligopolies and how they are able to predict the actions of their competitors.
Also taking GCSE's in French and Spanish Has enabled me to grasp the basics of these languages. Which I believe will prove to be very valuable, as it is becoming increasingly important to speak a variety of languages.
Outside academic life, I have involved myself in many extra curricular activities. Recently, I was elected Financial director of the Young enterprise project at my school, this role consists of a collection of arithmetic calculations, such as income and expenditure, however, not only is this helping to improve my arithmetic ability, it is also improving my ability to make decisions, as virtually all decisions have to be approved by me as I also have to calculate the financial costs, benefits and other opportunity costs of the decisions made by our team.
Accounting also requires a lot of communication skills, which I have also been able to develop through the young enterprise project.
Other than this, I am also regularly involved in sport; I mostly enjoy Football, as I regularly attend the weekly activity hosted by the school. I also enjoy rugby and have been a member of my schools 1st XV rugby squad for the past 2 years. When beginning A-Levels, I was able to choose from an array of subjects, however due to personal preference at the time, I was unable to take Spanish.
However, I then decided to take it upon myself to learn Spanish. This is a challenge that I know will be hard, however, with my determination, I know I will be able see this through and it will benefit me in later life.
All of these activities have vastly improved my ability to work alongside others. Which is very valuable in the world of finance. I am confident that all of the skills I have obtained in the past and the skills in will gain from university, will help me fulfil my ambition for a career in finance.