Importance of MBA: Personal Statement

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In my childhood, I knew that I wanted to start my own business because I did small on my own for example when Independence Day was near I bought flags, hats, and shirts from the bulk market and then sold them with little margin. I am submitting this statement of purpose for an MBA in the hopes of attaining an MBA degree that will allow me to fulfill my dream of becoming a small business owner. During college, I completed an internship as a salesman in an import and export Goods Company. That gave me much insight into the responsibilities of management professionals. Throughout the internship, I was charged with not only overseeing the progress of several projects but also ensuring workplace harmony. Perhaps one of the most important lessons I learned through this experience was to accurately gauge personnel and their teamwork abilities, assigning tasks based on each person’s ability to complete them. I hope to take these invaluable lessons with me to my master’s studies and my future career as an intern; I also learned that the MBA degree was an essential part of a management professional’s portfolio. Through this program, I hope to receive the training that I will need to succeed in the future. This program will teach me new concepts and help to refine the knowledge that I already have. Through the built-in internships and collaborations offered through this MBA program, I know that I will be able to gain the real-world skills that I will need to stand on my own as a business professional that can successfully run my own business.

I belong to a business family; my father has always taught me to earn my way to the top. Hence I have done small projects on the side to pay for my education as and when money was needed for example rebates for scanning my receipts on certain websites, sponsoring brands on social media, and full up their questionnaires. I also sold my old books and my notes. I am a silver medalist in my College and have taken a keen interest in extracurricular activities too. I was the part of debates society in my college and have participated in and won my town-level debate competitions with my team. My interests lay the computer industry too and thus I make small websites fun. Now with my computer skills in place, I need to learn management skills too to make myself equipped with all the corporate knowledge. I dream of building my own business in the field of accounting and would love to get my basics clean on how businesses work. That is why I apply for the admission course at your university.

Since graduating, I’ve seen some of my classmates make tens of thousands of dollars only to lose it all on failed investments. While no business exit is without taking risks, there are strategies and plans to minimize that risk. That strategy and plans are what I intend to find and to be able to make that strategy customizable to businesses. An MBA will give me the tools I need to understand the costs of managing a business and teach me to recognize ventures that are worth spending on. My goal is to use this knowledge to start my own account audit firm to provide companies with viable figures, based on figures give them strategies and accurate risk analysis portfolios. I always enjoyed everything about numbers, especially statistical manipulation. An MBA in accounting would place to provide me with a pool of possible clientele, which leads directly to my career goal of opening my own firm. An MBA in International Management will give me the knowledge of general management techniques that I need to know for successful management, but will also teach me how to tailor these strategies for different markets. In a world that is rapidly globalizing, flexible and customizable management strategies save firms both time and resources. My plan is to eventually become the chief manager of a firm, utilizing my knowledge of international markets to expand the firm worldwide while maintaining successful existing operations. An MBA will give me firsthand skills and knowledge from industry professionals that will set the foundation for managerial skills.

There are many things that I still want to do, to achieve, to gain something, yet I feel that my knowledge is not sufficient to achieve my goals. Now, I am in order to possibly earn a slot in your formidable university for my Master’s Education. I am planning to take up a Master’s in Business Administration and eventually get to the highest and highest level of academia to gain knowledge. Writing this statement I believe that your university is the best institution for me to further enhance my talent in business administration and eventually earn the title of MBA at the end of my education. The business leader is one that understands how to strategically implement the resources of the company to ensure maximum development and potential. Having my desire to be a leader, I want even more strongly to be part of an effective team. MBA will help me understand my leadership role as part of a company hierarchy and how to successfully work together with other business leaders to combine our expertise through my time pursuit of an MBA, I plan to take on multiple team projects. My MBA is crucial to my development as a person as well as a business leader, and hope to be able to fully take advantage of this opportunity to develop my teamwork skills. I hope to further polish my skills. My MBA is crucial to my development as a person as well as a business leader and I hope to be able to fully take advantage of this opportunity.

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