Hey guys,
I literally just wrote this essay up so it is pritty rough. ANY feedback is GREATLY appreciated on this essay. THANKS!
Prompt: What is intriguing to you about combining the study of life science with the study of management. Focus on your thoughts about both fields and how you want to use them in the future.
As I walked into my lab at the University of Nebraska Medical Center, I confronted utter chaos. Three doctors- all with their PhDs from prestigious institutions- struggled with a problem that none of them knew how to face: finance. With a recent increase in the cost of agarose gels required in the lab, no one had managed to allocate enough grant money to purchase all the primers needed to run PCRs. That simple miscalculation ended up forcing us to put our work on hold for a week until the lab could manage to retrieve all the required materials to genotype our mice. This entire predicament was a bit stunning. While I have a great degree of respect for these doctors, it seemed ridiculous each of them had not received sufficient training in economics when, in reality, they were all business owners.
Ultimately, this experience vividly showed me that biology and finance happily coexist in medicine. Success is built not from one of these fields in isolation but upon both economic acumen and a detailed understanding of science together. So as an aspiring leader in biology, it only makes sense that I accrue not only an intimate education in nature but also a complete view of life within the context of finance.
Even before my time at the Med Center, I have delved deeply into finance and in it, I have found a friend. There is just something infectious about creating models to interpret product profitability and determining the ideal price of goods. At the same time, as someone who also loves the life sciences, I view economics as both an effective means from which I can provide a service and the educational foundation that will enable me evoke monetary stability in a financially instable field. After all, the current healthcare crisis in America proves beyond a shadow of a doubt that the nation needs individuals who have a comprehensive understanding of not only biology but also finance.
Looking back now, I now know that I have been an economist even during my days at elementary school. For example, in the fourth grade, I wanted to be able to purchase a new videogame very two weeks. Because my parents were reluctant in spending their money to buy me the latest version of Pokemon for my Nintendo twice I month, I looked for a job as a paperboy. After several days of searching, I uncovered three potential routes that I could work. So, with a calculator in one hand and a spreadsheet in the other, I determined which job would provide me with the exact amount of money so that I could buy my one game every other week. Later, however, as my interests evolved, I expanded my route and even managed to adopt investing my excess funds in order to expand my sources of income over a wider range of sources. Learning the basics of the stock market at an early age instilled in me a deep appreciation for business and enabled me to truly comprehend the significance of markets and the impact economics can have on all tenets of one's life.
That is the kind of spirit I want to pursue my future career with. While I have grown to love the health sciences and want to provide a service to individuals through medicine, the economics of business does not disappear from my future career. The act of establishing a medical practice and distributing funds to run a business require a deep, complete understanding of finance. Thus, while I have four years at medical school to undertake my studies in the sciences, I only have my college years to adopt a more holistic view of economics. At the end of the day, that's why I truly want to be part of the Life Sciences and Management Program at the University of Pennsylvania above all else. This outstanding curriculum would not force me to choose between my passions for biology and finance. Rather, it would enable me to diligently explore both fields and craft a view of the world sculpted from both the life sciences that attempts to explain how nature operates and the field of economics that enables businesses to flourish.
I literally just wrote this essay up so it is pritty rough. ANY feedback is GREATLY appreciated on this essay. THANKS!
Prompt: What is intriguing to you about combining the study of life science with the study of management. Focus on your thoughts about both fields and how you want to use them in the future.
As I walked into my lab at the University of Nebraska Medical Center, I confronted utter chaos. Three doctors- all with their PhDs from prestigious institutions- struggled with a problem that none of them knew how to face: finance. With a recent increase in the cost of agarose gels required in the lab, no one had managed to allocate enough grant money to purchase all the primers needed to run PCRs. That simple miscalculation ended up forcing us to put our work on hold for a week until the lab could manage to retrieve all the required materials to genotype our mice. This entire predicament was a bit stunning. While I have a great degree of respect for these doctors, it seemed ridiculous each of them had not received sufficient training in economics when, in reality, they were all business owners.
Ultimately, this experience vividly showed me that biology and finance happily coexist in medicine. Success is built not from one of these fields in isolation but upon both economic acumen and a detailed understanding of science together. So as an aspiring leader in biology, it only makes sense that I accrue not only an intimate education in nature but also a complete view of life within the context of finance.
Even before my time at the Med Center, I have delved deeply into finance and in it, I have found a friend. There is just something infectious about creating models to interpret product profitability and determining the ideal price of goods. At the same time, as someone who also loves the life sciences, I view economics as both an effective means from which I can provide a service and the educational foundation that will enable me evoke monetary stability in a financially instable field. After all, the current healthcare crisis in America proves beyond a shadow of a doubt that the nation needs individuals who have a comprehensive understanding of not only biology but also finance.
Looking back now, I now know that I have been an economist even during my days at elementary school. For example, in the fourth grade, I wanted to be able to purchase a new videogame very two weeks. Because my parents were reluctant in spending their money to buy me the latest version of Pokemon for my Nintendo twice I month, I looked for a job as a paperboy. After several days of searching, I uncovered three potential routes that I could work. So, with a calculator in one hand and a spreadsheet in the other, I determined which job would provide me with the exact amount of money so that I could buy my one game every other week. Later, however, as my interests evolved, I expanded my route and even managed to adopt investing my excess funds in order to expand my sources of income over a wider range of sources. Learning the basics of the stock market at an early age instilled in me a deep appreciation for business and enabled me to truly comprehend the significance of markets and the impact economics can have on all tenets of one's life.
That is the kind of spirit I want to pursue my future career with. While I have grown to love the health sciences and want to provide a service to individuals through medicine, the economics of business does not disappear from my future career. The act of establishing a medical practice and distributing funds to run a business require a deep, complete understanding of finance. Thus, while I have four years at medical school to undertake my studies in the sciences, I only have my college years to adopt a more holistic view of economics. At the end of the day, that's why I truly want to be part of the Life Sciences and Management Program at the University of Pennsylvania above all else. This outstanding curriculum would not force me to choose between my passions for biology and finance. Rather, it would enable me to diligently explore both fields and craft a view of the world sculpted from both the life sciences that attempts to explain how nature operates and the field of economics that enables businesses to flourish.