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Sample Statement of Purpose

The letter of intent expresses the author's desire to pursue a Master of Science in Economics at Corvinus University of Budapest, emphasizing the analytical skills and mathematical background required for a career in economics analysis. The author highlights their educational credentials, research experience, and a thesis on the Capital Asset Pricing Model, showcasing their commitment to the field. They also express a desire for a broad education in economics, planning to explore various subfields beyond financial economics.

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Beshir Eshetu
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15 views2 pages

Sample Statement of Purpose

The letter of intent expresses the author's desire to pursue a Master of Science in Economics at Corvinus University of Budapest, emphasizing the analytical skills and mathematical background required for a career in economics analysis. The author highlights their educational credentials, research experience, and a thesis on the Capital Asset Pricing Model, showcasing their commitment to the field. They also express a desire for a broad education in economics, planning to explore various subfields beyond financial economics.

Uploaded by

Beshir Eshetu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Sample Statement of Purpose (Letter of

Intent) for MS in Economics


In this letter of intent, I am going to focus on the rewards of studying
economics further at the graduate level. I have chosen Corvinus University of
Budapest Institute of Economics because I feel it will best prepare me to fulfill
my future career objectives.

I have chosen to work in economics Analysis since it requires a lot of


analytical skills. Furthermore, it demands a good mathematical background
and leads to lucrative jobs. I have solid educational credentials that will
enable me to excel in this field of study. I have a Bachelor of Science with
Honors in Statistics and mathematics and Economics minors from Hawassa
University. Additionally, I have broad research experience in economics
which augmented my knowledge of data manipulation and abstract
modeling.
A Corvinus University of Budapest Master of Science degree in Economics
Analaysis will make me an outstanding economist. I had the privilege of
taking an international trade honors course taught by Professor Michael
Lewin who is a Texas A&M graduate school alumni. I enjoyed the class, and
this gave me all the more reason to apply to Texas A&M. Furthermore, the
lectures that he gave made me think deeply about the financial markets and
to come up with innovative ideas to make them better for investors to
understand and get rewarded.
I have learned a considerable amount from my lecturers, and I like their
intuitiveness and comprehensive view of economics. I firmly believe that a
Master of Science in Economics from Texas A&M University will give me the
same sophistication in applying economic techniques.
During my undergraduate education, I completed a thesis titled "How the
original CAPM would alter if there is no risk-free asset in which the investor
can borrow and lend" which I want to talk about here. In this piece of
research which I completed under the guidance of Professor Johnson,
American economist Fischer Black demonstrates that even when there are
borrowing restrictions, there would remain a positive relationship between
expected return and beta. However, the security market line would be less
steep as a result.
It was great to see how Black had utilized ideas from economists such as
Eugene Fama, Robert Merton and William Sharpe who have commented that
efficient frontier portfolios have some interesting characteristics. For
instance, any portfolio that is a combination of two frontier portfolios is itself
on the efficient frontier.
My undergraduate thesis has been presented at the "Conference on Financial
Economics and Accounting." We are also getting it ready for publication.
Currently, I am undertaking empirical research on fiscal policy and interest
rates.
As much as I enjoy financial economics, I want to get a broad education in
economics, so I will look to take courses in international economics and labor
economics. The good thing about economics as a discipline is that it is not
too restrictive. There is a lot of complexity on this subject, and it would not
be the best course of action to specialize narrowly.

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