Accounting and Finance - description of your study/research objectives and why want to pursue them

Study objective essay for Fulbright scholarship

STUDY OBJECTIVE: Write a clear and detailed description of your study/research objectives, and give your reasons for wanting to pursue them․ Be specific about your major field and your specialized interests within this field․ Describe the kind of program you expect to undertake, and explain how your study plan fits in with your previous training and your future objectives․ This statement is an essential part of your application and is required․ Do not mention specific U․S․ universities at which you would like to study․ It is strongly recommended that you upload in PDF format.

ESSAY:

When I was in high school I already knew what field of study I would choose. I was pretty sure that I wanted to study finance in the university, I wanted to extend my knowledge in it, grow personally and improve my chances of having a better life overall. Nevertheless, on my sophomore year of study besides studying finance I started to increase my interest in accounting classes. I tried to reflect on the subjects that I both enjoyed and excelled at. I really enjoyed Financial Accounting, Corporate Finance and Investments classes. Overall, I decided that my major would be Corporate Finance and my minor would be Accounting.

I eventually chose to apply for an Accounting and Finance master degree because it had excellent graduate prospects. The degree also has a real-life application. I will study something that could extend my knowledge, improve my skills and help me with practical cases that I can apply in my professional career. It is also very important for me to go for something that would enable me the chance to build a career rather than just get a job to pay the bills. For me a career is something long-term and that has the opportunity for progression.

There are also many Graduate schemes available for this degree, which I see as a potential opportunity to work for an already established company with a structured training program and clear career progression. I feel that it is a reliable degree option because there will always be demand for accountants as long as businesses exist and money is still a current medium of exchange. A degree in Accounting and Finance also opens the door to work in any industry. Knowledge and skills acquired during the degree can be applied to any business.

Overall, in a way Accounting and Finance is a joint honors degree and is treated as such at other universities. Finance is a field of investing assets and liabilities over space and time and Accounting is the art of the recording and reporting financial transactions. I believe studying an Accounting and Finance degree would widen my business knowledge and be useful in a global marketplace.

I think you need more convincing details to explain your study objectives, in other words, what specific areas in these two majors you want to study more - I am not an expert in this field so I believe you know more about this.

Secondly, you also need more details to reason why you want to study finance and accounting, of course we all know it provides promising career opportunity, and you need some reason that comes from your own experience. Try to relate it to your previous study, some working experience, etc. For example, instead of saying that "there will always be demand for accountants", name an industry you want to work with.

Good luck!

@apachialfa
Applications for the Fulbright Scholarship are competitive. Make sure that you always put your best foot forward when it comes to writing down your study objectives. You can do this through a multitude of ways, but what I would recommend that you do is focus more on incorporating personal stories or anecdotes that can showcase your personality and your background. You can perhaps incorporate the story of when you first realized that this field is for you, or if you can tackle a circumstance that you had to go through to be able to be part of this field. Doing this can showcase a level of perseverance that others may not have for the field.

In your second and third paragraphs, I would also suggest that you try to be more specific with your content. How exactly does finance help you in your day to day life? How do you see yourself in this career path a decade from now? How do you want to use your skills here in a different light aside from just merely earning money? If you can provide context and examples, it would be better for your essay's overall structure.

I would only suggest that you make your essay appear more humane than structured and composed. While your essay now has a lot of the practical and the technical know-hows that are necessary for the application, it still lacks that vigor and assertion that you truly need to be part of the program. Remember that when applying for scholarship, they are not only testing what you know about the technical language - rather they are also testing you as an individual who can surpass any potential challenges that you may face in the future. Showcasing your true personality in the essay is key.

Best of luck.

@delelse

Thank you very much for you response! I really appreciate it!