SAMPLE SOP FOR FINANCIAL ENGINEERING

| Sample SOP for Financial Engineering- This a Statement of Purpose of a student who got admitted to GaTech for the Masters in FE program. |
Sample SOP for Financial Engineering
Being a spectator of the events unfolding in the Eurozone and in the US, I am quite intrigued at the web of interconnectivity of all financial markets, whether it is commodities, equities, metals or currency. These markets in the recent past seem to be behaving in a similar manner, experiencing significant volatility and price movement. Having traded equities for the past few years, it is even more imperative in today’s climate that trading decisions should not be based on beliefs and hope but on a systematic approach with strict stop losses. As I look at various options for a career, I am clear that I would like to continue trading but with more extensive knowledge of quantitative models, methods and algorithms. In this regard, I look forward to a Masters in Operations Research and Information Engineering with Financial Engineering concentration from Georgia Institute of Technology to gain a holistic understanding of various concepts in finance and statistics and blend them with my mathematical, programming and analytical skills.
Sample SOP for Financial Engineering
The undergraduate curriculum in engineering has helped me to develop a strong foundation in Math and Programming, two essential pillars for a career in quantitative finance. In Applied Math related courses, I have secured a perfect score in integral and differential calculus and topped University of Mumbai amongst 16000 students in over 55 colleges. I have also developed interest and am in the top 5% of my class in other areas of Applied Mathematics where topics like Eigen vectors of matrices, multivariate calculus, differential equations and vector calculus were researched. The calculus based probability course ‘Random Signal Analysis’ covered topics like random variables, wide-sense stationary processes, stochastic convergence and Markov chains. An elective course in Neural Networks & Fuzzy Logic taught me to apply genetic algorithms, neural-fuzzy and genetic-fuzzy hybrid systems for financial forecasting, decision making and planning. A clear focus of the mathematical concepts has been the hallmark of my undergraduate career.  On account of my academic excellence, I have been awarded a nationwide scholarship from the JRD Tata Trust for my overall performance in the year 2009-10.
Sample SOP for Financial Engineering
Programming courses in C & C++ made me proficient in memory management, pointers, data-structures, etc. A course in Java gave me an insight into OOPS Methodology and Multithreading. My intellectual curiosity in learning Matlab as a potent tool for numerical analysis and implementation of algorithms led me to enrol for a software simulation workshop. As a part of the workshop, I developed an algorithm that runs parallel with a user interface to simulate the “Minesweeper” game, the modus operandi of which was written without referring to any other interrelated approach. “Scientific calculator”, “Tic-Tac-Toe” and the “fifteen puzzle” are other applications which I have created in Matlab.
Sample SOP for Financial Engineering
My current project on “Computer controlled wireless robot” aims to create a system prototype which will use wireless live video transmission to navigate areas inaccessible to humans. Such concepts can also be used to rescue victims of earthquakes or people who are stuck in a mine. A GUI has also been developed to steer the robot. As a project leader, this project has not only enhanced my technical knowledge but also inculcated in me the quality of efficient management of time and resources.
Sample SOP for Financial Engineering
While the curriculum has strengthened my mathematics and programming foundation, my Research Assistantship has helped me apply the same in a practical environment. In my Research Assistantship on “Skin Analysis” in the 3rd year of my undergraduate course, I developed image processing tools to analyse images of a patient’s skin to research parameters like skin tone, type, etc. Not only did this hone my problem solving and analytical skills but also gave me an insight into real-world programming. Additionally, I am currently assisting my professor in a project for forecasting of stock market prices by using intelligence of hybrid systems i.e. neural networks, fuzzy logic and genetic algorithms.
Sample SOP for Financial Engineering
Besides the research assistance, I currently hold certifications from the National Stock Exchange (NSE) of India in Financial Markets. Additionally, I have also enrolled for modules in equity and currency derivatives conducted by NSE. The module in equity derivatives will help me gain a deeper understanding of derivative products and their application while the module in currency derivatives will help me use currency futures as a risk management tool. This knowledge coupled with information gleaned from websites such as www.quantnet.com, www.globalderivatives.com and www.iafe.org has further strengthened my resolve to pursue studies and a career in Quantitative Finance.
Sample SOP for Financial Engineering
A Masters in Financial Engineering in Georgia Institute of Technology will be the ideal platform to embark towards a career in algorithmic trading. It would be a great experience to be trained and guided by the remarkable faculty, Prof. ________, Prof. _________ of the Financial Engineering department whose books and research are used as a reference in many other Universities. Georgia Tech will be a stepping stone for various opportunities since recruiters like Goldman Sachs and Barclays Capital which frequent Georgia Tech will provide me with endless career options. Completing my graduate course in Financial Engineering at Georgia Institute of Technology will not only endow me with the knack to embark upon real-world problems but also augment my decision making and interpersonal skills essential to present those problems.
Sample SOP for Financial Engineering
Moreover, interacting with students from various countries and backgrounds on projects and co-curricular outside of the classroom atmosphere at Georgia Tech will provide me with global exposure. Being involved in college activities, I have led a team that organized a “virtual stock market” in my college technical festival, “Pulse”. Further, representing my college in the intercollegiate chess competition has developed my strategy and decision making skills which I am sure would aid me to formulating risk management models. Moreover, I was a member of the student organizing committee of the “National Conference on Communication Technology” in my undergraduate school. Working in organizing committees in college festivals, magazines and workshops have improved my interpersonal skills. I will seek similar avenues in Georgia Tech as well.
Sample SOP for Financial Engineering
The Masters in Financial Engineering program at Georgia Tech would provide me with once in a life-time chance to learn from luminaries in the industry. I look forward to being a part of Georgia Institute of Technology, a university with an everlasting envious reputation, which I am sure would not only fetch an indisputable advantage but also let me relish its experience for life. Sample SOP for Financial Engineering