PS国外申请范文(十七)
Subject: Sloan Doctoral Program
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I have an excellent job with tremendous advancement opportunities. At my wel 8 [5 Z4 c3 i- t* _, x' |8 ]
l-paid job at a prestigious investment bank on Wall Street, my computer scie % s+ A" U6 k4 ]9 N
nce and analytical skills are recognized and lauded. Moreover, I enjoy intel . S- d, e+ @: T5 w- k, m
lectual interactions with my Ph.D. colleagues, have many friends, and am app 8 @: L) g- E' U8 R3 d x
reciated by my managers. Still, I feel a void in my life. While my friends a }4 I* p! I0 ?* t
nd colleagues do not understand my decision to leave my rewarding career, I 3 N8 H+ ~; ?, @+ w4 g
know that I have no choice if I am to pursue my long-term goal and my childh
9 U. G. @2 k3 J3 u: T wood dream: to teach and publish research. While my friends think I am sacrif
- B6 E7 @$ m4 ?* N5 B$ ?' i1 _0 Ricing certain career advancement for unnecessary training, I do not act impu 8 Y3 S$ j* w# h7 @1 E
lsively, and I am certain that I have made the correct decision. What they d " k+ R! a3 A0 C& g$ H* }
o not understand is that I will derive even greater satisfaction by pursuing 4 C! a' a3 ~7 x; H1 A
a doctoral degree than by earning a higher salary and advancing in my prese $ h* z. E c" ]
nt career. By pursuing a doctorate, I will have the priceless opportunity to ~/ o( q" S/ R! Z/ E1 H
realize my dream.Learning gives me a world of satisfaction and a sense of a ' r4 M5 v: i0 P+ ]% t" D Q
ccomplishment. The more I learn, the more fulfilled I feel. I do not learn s # G3 M Q- N* K9 D
olely to apply my knowledge in a practical setting; instead, it is the quest
. X$ b$ ]5 k7 ~; rfor knowledge and the challenge of learning that motivates me. Originally, " p. P% s7 A& {$ k( N) V" P" o
I took my current job since I saw it as an invaluable opportunity to further & A9 e5 Z0 Q8 f I$ G$ e- i0 N
my learning experience. Over the past two years, I have accumulated a good $ }1 b/ D: |2 p4 C
knowledge of Finance. I was introduced to Bayesian Statistics, GARCH process , Y# k6 q( F( a) \5 g- ]( l% Y. v3 d
es, and other topics of time series analysis. I also learned how to price vo , ]. r& A7 z3 d! n
latility swaps and categorize different optimization tasks. While I never in
) ~( p6 J, P+ \) H" g, Gtended to focus solely on the practical side of finance, nearly all of my wo
2 g; C- z6 V% ^1 t% d& b8 o% j5 h3 Nrk revolves around it. For example, I have done research that forecasted ass
; a N/ j, J8 k; e* P' Fets?expected returns as well as research on a better way to execute a trade. ! f# _0 X5 F, L! E* e# ^- v
These research opportunities were all results-oriented. I rarely have had t
. W$ e7 Z2 o5 X; `; P+ Vhe opportunity to look at the theoretical aspect of finance, like deriving c
. ]" {! `) z2 Z5 @& I0 ]losed-form solutions to evaluate financial instruments, which I sometimes fi
; r- @( F: v' F. W }5 {nd interesting. Although I try hard to broaden my knowledge of theoretical f
+ z8 ?" p: D. t- x4 F( }+ o) ginance by reading finance and econometrics books on my leisure time, I am no 0 e) x% e. f7 @1 `
t able to test those theories empirically. I long for an environment where I
8 Q$ F" \* a7 x+ T$ M/ c+ N/ kcan conduct research merely for the sake of curiosity. A doctoral program w 5 Q& |8 R9 J- w% Q% g: }0 R
ill definitely provide me with such an environment and allow me to continue
" Q5 l! A' c# i9 B% n% {2 Fmy quest for knowledge unconfined by the boundaries of practicality.My desir & P- S5 d& K1 F
e to attend the Ph.D. program also stems from a realization that my undergra 2 P, O. t; ]0 S/ J/ m9 t6 B
duate education was only a starting point in learning the necessary finance
+ A: u# O) D& `$ N, ?9 F( y; b& d8 kskills. While my Computer Science and Finance degrees supplied the foundatio $ y4 p0 c" w$ ^0 r c
n of knowledge for each field and my employment background has allowed me to
6 G% |) A, B" tunderstand and utilize technical aspects of finance, I have not yet learned 8 C7 ?* S& r5 O) N
the critical skills to improvise when applying finance theories. Specializa 1 j, }1 \: w+ I, | l
tion through the Ph.D. program is crucial, as I have noticed how my colleagu
; I' V$ {" s" j; N! X( Hes apply their specific area of knowledge to the understanding of discipline . A1 u- c& @/ t9 l/ n W
s. For example, one of my colleagues has used his mathematical knowledge to
0 [$ X! z' O% Z0 I! ~solve a portfolio optimization problem while others have done the contrary,
) l3 K1 }- s% Y O; a5 gusing their finance expertise to help them understand mathematical problems.
0 {6 {8 m2 @7 ]% T+ XI seek this level of knowledge in finance, so that I can handle many differ : I- N: s: }$ _" X
ent problems that might defy the application of standard rulesPerhaps most i 6 X& i; h. z [; N" {
mportantly, a Wall Street career is not in line with my long-term career obj * m* b& q4 |' V0 S% ~# R
ective of teaching, conducting research, and producing research publications 9 Q2 B6 q% D# B6 \; R; X9 M! U% w
that would add value and contribute to my field of specialization. I am dri
0 b$ F, j$ R+ k F7 K3 ?& k7 \ven by more than money and the prestige of an excellent career. I also hope
$ m7 k6 N. [' C* M2 R/ pto contribute to society; as a professor, I would have the ability to do thi
& ]( M r+ L+ w+ u Us. An inspired teacher can bring out talents, encourage innovation and nurtu + n' N: x4 E8 I8 x
re a new generation of scientists and philosophers. I always want to inspire + S/ Q W" V. b) [2 t0 Q y
others in the teaching process in addition to conveying a knowledge of the
! Z7 {, P! W. b7 Z6 R- l8 k/ z. Ocurriculum.At Sloan, I intend to concentrate in Finance. Finance is the expl
! k2 |, S" ]( _anation of rational human behavior reflected in the financial markets. The i $ p6 j; H0 n$ M2 \$ b: R2 P% y. C
dea of maximizing expected return and minimizing risk is simple but breathta
+ E W: {" {# Hkingly powerful in explaining how assets are valued. I enjoy learning about
4 R, E3 O7 e+ O6 A4 g" `- r/ ^/ Bthe interaction of economic variables like inflation or interest rates, how 4 V2 l; q6 D$ n: r# V
the economy works, and how changes of factors like currency return or oil pr 3 N) w2 X! ^+ p5 t0 ^# Q. X4 I
ice affects market movement. One of the aspects of finance that I find most
% y& ^1 [* @2 P7 Rinteresting is its application of knowledge from other areas of discipline.
. y5 z6 v' i9 c& @) O; P! EFor example, Brownian motion is used to model and evaluate options while eig 6 e. s( n/ Z. H! x3 P
envalues and eigenvectors are used to decompose and analyze covariance matri 8 s4 h: n; I% |/ j3 N
ces. These examples show that finance researchers are able to take advantage
. ]' }% r: Q6 P5 g* C- hof the established knowledge of other fields like Mathematics and Statistic # h4 ]' `; [: ^- H% v* B
s and apply them to assist in their research. I also believe that my excelle / z5 i8 X; D7 z; W
nt quantitative background makes me well suited to handle finance’s demandin 4 T. D: ^. S1 i! Z
g level of mathematical rigor.MIT could contribute tremendously to my achiev ) W- m3 x2 a9 z c0 Q
ing my long-term objective. Needless to say, it has an impressive faculty an 1 b$ [9 C! |! B! Z
d a strong academic reputation. But I am most impressed with its quantitativ % Q+ L2 d/ L0 t$ ^; W0 S4 a# b5 z
e approach to finance. MIT combines its strength in engineering and economic
. S7 p) t6 }: ?: is to develop an expertise in finance that focuses on the quantitative aspect 1 d# d! q2 Y+ o& C
. In particular, I am interested in the work of Dr. Andrew Lo, who is a prom
3 I( `: b0 V( {- l4 {inent figure in the area of neural networks and derivative pricing. I am als - ^. P- U; ?9 V
o attracted to MIT’s small class sizes since it would enable me to work clos
7 s. N# d2 T3 L; }( k3 L9 s; Hely, share experiences, and exchange ideas with my professors and peers. One
1 v; D/ C# V6 z0 [line of research I hope to pursue is of the financial market development of
$ ]/ t: d# {) _emerging market countries. I have always wondered whether established finan
7 a" `& l5 i- y9 d/ R' [ce theory applies to the behavior of developing countries or whether there a 0 Y& o; z, h: q% ^ w$ L
re alternative models to explain such market behavior. What should be the ap U* ^8 o( C% K3 \3 H2 }; o
propriate strategy to ensure stable development in these countries?financial
4 h* [& o0 T. c: V9 ?markets? Can the lack of pension funds to support the market be the reason ; l' X- q( P) ~ }9 O
for the huge volatility and low liquidity of the financial markets in the de
8 N8 r( Y$ q. s; r T, fveloping countries? Are there any common factors driving their market variat % t" u5 n* p2 r/ G& k% {% L
ions? Through the Ph.D. program, I hope to find answers to the above questio
6 l7 u* V8 E1 K4 Ans and to conduct extensive research on similar financial market topics.I be 3 F3 X4 x6 u; m( n& A
lieve there is still much to be explored and studied in finance academia, an
: P0 g& r% Q; D, n0 E$ I& f5 \8 Jd I believe the Sloan doctoral program would provide me with the knowledge n 9 S9 W1 L6 Z' `1 L
ecessary to understand and apply finance theories, which I could in turn bri
- f- L& \- X* A5 U9 {- p# yng to my teaching and research career. I am committed and determined to succ
" x: k1 O: p( H% @eeding at the Ph.D. program, and I am confident I will be able to contribute
& Z5 t8 y m7 P, O1 Gto the MIT community in my area of interest.