Topic > Personal Statement: A Career in Finance and Economics

PERSONAL STATEMENTS I always remember the moment I was excited. The moment was that I took 1st place and got the gold medal in the math competition when I was a little girl in third grade. From that moment I began to be attracted to mathematics. I couldn't imagine my future without mathematics. He directed me to become a financial officer. My interest in financial management developed when I was a student at the Institute of Finance and Economics, where my specialization was accounting. My financial management teacher, in her lessons, noted the importance of the development of the stock market in Mongolia, a necessary factor for increasing national production. My foreign friend, who knew that I worked in the financial field, asked me for advice on whether to invest in the Mongolian stock market. I couldn't encourage him to do so because the Mongolian stock market has not yet developed well and can be risky. Investors and researchers complain that it is difficult to obtain accurate financial information in Mongolia. The reason is that companies do not report their financial information according to internationally required standards. On the one hand there are many people willing to invest and on the other there are a myriad of people who need money to realize their great ideas. What can I do to solve this problem as a finance manager? For this reason I decided to establish a financial consultancy firm that provides financial and portfolio management consultancy services. When I was a student, I studied diligently to acquire the necessary knowledge and skills useful for my future career. Personally, I believe that a student should not only study but also contribute to society... middle of paper... market develops in Mongolia, it will be beneficial for all parties. First, national production would increase based on the abundance of financial resources. It is possible for companies to issue an initial public offering and obtain a cheaper financing source. If the financial expense is lower, products and services can be produced at lower costs. This means that the company could make more profits and buyers, who are private, could buy at a lower price. Secondly, foreign investors could increase their profits by investing in Mongolia. Mongolia's mining industry is developing rapidly and attracting foreign investors. Third, the developed stock market can serve as a bridge between investors and project proponents. It can improve the mutual understanding of Mongolia and other countries. Will Mongolia develop or not? It is in the hands of financial officials competent in their profession.