During undergraduate school, while focusing on finance, I also took special interest in studying management. Constant interaction with people makes any type of management an ever-changing, thus interesting, occupation.
Towards the end of my first college year, I started working in the largest mortgage bank in my country. One of the first questions I asked during the job interview was whether the bank offers management training programs. Almost two years later, the organization’s training center publicized a tender for a new “Future Management Course”. The requirements included, among others, having commercial-banking experience, as well as a college degree – two demands I did not meet at the time. I did not let this stop me, however.
Knowing that I wanted to become a manager, I was determined to apply for the program. My supervisor supported this and gave me a recommendation for the tender, yet, he claimed that in such a large organization, applying without fulfilling all requirements was pointless. I had to persuade the admissions committee that I could handle participating in the program while completing my college education, and overcoming gaps in professional knowledge. The effort paid off. I was accepted into the program, thus creating two precedents: I became the first person to be accepted into this program before completing a college degree, and the first to do so without any previous experience. The program required that I move from the Mortgage Department to the Commercial Division, where I am currently employed as a Private Accounts Manager.
During college, I decided that when the time was right, I would acquire an MBA education. Now is the perfect time for me to do so. On the one hand, I have gained several years of work experience. On the other hand, I am still at the beginning of my career and believe that an MBA degree from a world-class business school such as Stern will help me mold an effective managerial style.
In addition to these considerations, I would like to make a career change. In my current, position I recruit new clients and market financial products. In the future, I hope to engage more with the essence of finance, rather than the marketing of it.
Upon completing my MBA, I hope to work as a financial consultant in a leading investment bank such as Goldman-Sachs or JPMorgan. More specifically, I would like to help companies develop their equity structure and financial strategy in order to maximize their financial utility. As a consultant, I will gain experience developing economic strategy by doing financial analysis, profit-cost considerations, and research regarding competing firms.
I hope to grow within my organization and become involved in the financial management of the firm, eventually reaching the position of CFO. In this role, I will be called upon to set the financial agenda of the bank, determining policy and deciding which industries to get involved in. I will be required to successfully manage dozens of people, having to motivate and guide them toward executing our strategy. Yet my aspirations do not stop there.
After gaining expertise in capital and equity finance, and acquiring leadership experience, my dream is to man senior positions in the public financial sector. I was raised on values such as actively contributing to my country’s security and future; my grandfather, a building construction contractor, helped build some of first towns in my country. He, my father and I have all been called upon to defend the country during wartime. While my grandfather built the country with a saw and hammer, I would like to build up its financial strength by developing its capital markets. I hope to assume leadership roles in such bodies as the Ministry of Treasury or the Israel Securities Authority. The path of gaining experience and expertise in international financial institutions, and then taking positions in the public sector, has been followed by a number of key figures.
My current position as a commercial banker has given me experience working with businesses from different industries, making credit decisions, motivating employees, and managing campaigns. To succeed as a financial consultant however, I will need to acquire skills in analyzing capital markets and quantitatively evaluating investment possibilities. An MBA from a program which combines a rigorous grounding in quantitative analytical tools will give me these skills.
Sample MBA Application Essay - Before
Essay 1: Please discuss the factors, both professional and personal, influencing the career decisions you have made that, in turn, have led you to your current position. What are your career goals for the future, and why is now the appropriate time to pursue an MBA at XXX? How will you avail yourself of the resources at the XXX to achieve these goals?
PAST CAREER DEVELOPMENT AND FUTURE GOALS
Have you ever seen, heard of or witnessed any of the following things?
-- The surface of the sea littered with dead sheep.
-- A domestic waste landfill explosion leading to a number of deaths due to the resultant flood of waste?
-- Tea vendors offering radiation-contaminated tea for half-price?
-- A little girl's death resulting from her fall through an open sewage manhole in her school garden?
-- Radioactive waste sold to unsuspecting scrap dealers, causing their deaths.
-- A twenty year-old tanker breaking into pieces, spilling hundreds of tons of crude oil and killing sea life.
Unfortunately, such environmental disasters have become common place in Turkey.
Concerned about such situations, and aware of the insensitivity of the authorities towards our environment and health, I sought to learn ways to prevent these types of disasters. At the age of fifteen, I decided to focus my studies on environmental sciences, in order to equip myself with the technical tools I would need to do just that.
I went on to earn a Master's degree in environmental sciences, subsequently attending a professional international management certificate program in order to gain management perspective.
In order to make use of my technical knowledge and management skills in an effective way, I was aware of the fact that I should start working in a large company that would in turn would provide me insight experience from various industries and the international business arena.
I have now worked in the energy and environment group of Lec Corporation headquarters, the first and biggest diversified conglomerate, for nearly two years as a project engineer, mainly responsible for environment and energy sector investments of our holding companies.
This work position gave me an opportunity to interact with businessmen from all over the world which expanded my international perspective. Working with American partners and English consultants, I gleaned the subtle meaning of being a professional. Though it was unusual for a young associate to be a representative for my company at such events, I am proud to say that my outstanding work performance allowed me to seize the opportunity to attend various meetings with local and international governmental bodies such as OPIC, IFC and the World Bank that increased my self-confidence and improved my management skills.
While working in various business lines, such as automotive industry, consumer durables and energy sector, I have realized that the root cause of many environmental problems is financial. I believe that many people in the environmental sector are so ignorant or insensitive that they will cheat customers to increase profits. Furthermore, businesses do not prioritize environmental investments and, as a result, insufficient funds are allocated to adequately prevent problems. For instance, with a population over eight million people, Istanbul, the biggest city in Turkey does not have a properly operating sewage system, and in most of the areas wastewater is discharged directly to Bosphorus.
Ultimately, I am interested in helping to solve my country's problems by starting my own environmental services business in Turkey, serving both local and international customers giving cost effective and appropriate solutions differing from waste management to safety management.
WHY MBA AND XXX SCHOOL?
Despite my experience, I still lack some important knowledge and management experiences/skills, especially in finance, marketing and entrepreneurship. I also miss important knowledge of American environment. It is essential that I master these skills since dealing with aspects of international business will be an integral part of my job as an entrepreneur.
The XXX School's MBA program is the bridge where I am and where I want to be.
The inventiveness and uniqueness of the XXX School's both entrepreneurial and finance programs impressed me. I believe that I will increase my practical knowledge of entrepreneurship from interacting with my XXX School classmates. I value the fact that at the XXX School, entrepreneurial education does not stop at the classroom but continues through internships and extracurricular activities. I feel that a business school for entrepreneurs should balance a dose of theory with real-world application. The XXX School's curriculum and hands-on experiences through associations, internships and the management field study provide this balance, as demonstrated by the variety and success of its alumni.
I am also drawn to XXX School because of its emphasis on teamwork and technology. XXX School's MBA program proposes such exciting courses and programs as High Technology Entrepreneurship, International Finance,12-week field application projects, global immersion program directed to teach thinking and acting globally.
Further, the XXX School's flexible entrepreneurial program allows students to choose electives from 200 courses that will allow me to tailor my course of study directly to my career interests.
After a long search I found in XXX a top quality business school, able to provide me with the opportunities to gain the knowledge I need for my future in addition to putting me in contact with a diverse student environment and ensure my perception of American values. Moreover, my background and my desire to succeed will allow me to flourish in the XXX program.
I liked the alumni network and student clubs present at XXX.XXX has one of the strongest and largest alumni networks with 70,000 alumni in more than 130 countries of which I would like to be honored to be a member of.
I count very much on earning a XXX School MBA degree to help me strengthen both my finance knowledge and entrepreneurial skills, necessary to enable me to secure a position as an environmental specialist in a multinational American-based firm; this, in turn, will prepare me to accomplish my long term ambition of starting my own company and helping Turkey improve its environmental record.
I am now on my way to the next step in my career planning which involves receiving an MBA degree from XXX. My experience and technical knowledge guided my success during each new venture I attempted. These early accomplishments boosted my confidence that I would soon be closer to my goal of being a successful young entrepreneur.
I believe I am on the right path to achieve my goals. I now anxiously await the next phase in my development. I know that my skills along with my experience will continue to aid in achieving my long-term objective.
Essay 2: Describe a personal achievement that has had a significant impact on your life. In addition to recounting this achievement, please analyze how the event has changed your understanding of yourself and how you perceive the world around you.
When I was an undergraduate, I was asked, as part of a class, to select a project on which I wished to work with supervisor whom I was interested in studying with. I had chosen to study with the Head of the University's Chemistry Department on a project named "Environmental Risk Assessment of Hazardous Materials." After the earthquake disaster that hit Turkey, causing approximately 30,000 people to die, the State Planning Organization of Turkey has used the model we developed in the project to determine the risks posed by materials spilled around the region devastated by the earthquake.
In addition to working with me on my project, my supervisor also provided me with other important assistance. My supervisor was a person who not only lectured about the issue at hand but also shared his vast knowledge about the practical experience of his professional and personal life. His main goal was to shape his students into well-educated and socially active engineers with strong personal and professional ethics. He took me to many seminars, fairs, and conferences in order to give me the background necessary to become an engineer of whom he could be proud. On my own, I became president of the Environment Club, organizing technical site visits and meetings regarding environmental engineering for freshmen students.
One day, my supervisor told me about a non-profit organization named Cekud of which he was a member. I was impressed with the group's activities. Cekud's main activity is a tree-planting campaign called "Seven Trees." The idea for the campaign comes from the assumption that the average person consumes almost seven trees for his or her needs annually.
I decided to organize a planting day with Cekud. We have rent a bus and went to the decided planting are together with forty-five students. There were also small kids of ages between eight to fifteen associated with Cekud representatives. When I asked who they were, I am informed that they were the participants of one of the other Cekud activities named " Education for our future". Main purpose of the program is to educate children of poor families who can not afford to take preparatory courses for college and/or university entrance exams. At that day we have planted 650 trees and named the little forest as our Club's forest.
I was impressed with Cekud's activities and decided to work at Cekud as a volunteer especially for the education program. While working with Cekud , I have also learned about their other activities such as restoration of historical houses.
I have noticed that Cekud is the place to make one of my childhood dreams come true.
I spent much of my childhood moving around Turkey because my father was an officer in the Turkish army. The perspective and insight gained during that time have been significant factors in my personal development.
In the early 1980's, there was a great deal of political unrest in Turkey, and security was a major issue for citizens. For a time, we attended school in the company of soldiers. I attended three different primary schools because my family moved so often.
We stayed in least developed towns of Eastern Turkey. People were suffering from unemployement as a result welfare. My classmates were from poor families who could hardly speak Turkish and could not afford to get school uniforms even hardly afford to receive basic human needs such as medicine, food, education to survive. Those regions were much affected by the unpredictable economic conditions and terorism present in Turkey in those days.
Because of this instability, the quality of my education suffered. Yet I was well aware that I would need to study hard in order to succeed in life. With my determination and perseverance, I did well in my college and university entrance exams, winning admission to one of the best colleges in Ankara and to university in Istanbul.
With our luck and ambition, we succeeded in receiving the best education possible, but I knew first hand the difficult lives these children were facing. Early in life, I vowed to help the people if I was ever able to do so. Knowing about the facts of Turkey as a well educated and a loyal Turkish youngman., I am feeling responsible for those people.
I started allocating approximately six hours at the weekeneds educating those kids. Giving them mathematics, physics and chemistry lectures. I took the responsibility of two kids who were at the age of ten and eleven years old. We targeted to make them pass through the private college entrance exam that will be governmentally sponsored all through their education life.
After a seven months of period we succeeded. They entered the colleges. This summer they are going to graduate from high school. I not only lectured them but also became their brother by listening their problems and trying to solve them. We also went to picnics and arranged city sight seeing tours to make them also socially strong citizens. Cekud became the chance I needed to honor my vow.
I consider helping these two kids to be my most significant personal accomplishment to date.
As one of our famous poets Nazim Hikmet mentioned;
"Karanliktan sikayet edecegine bir mum da sen yak"
"Do not complain about the darkness, instead add a candle". My candles are still burning.
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