The subprime mortgage crisis which has brought the fall of the Lehman Brothers

and numerous critical requisites to bailout companies such as AIG, Citigroup, and
many others by the US government has since compelled me to seek an even
deeper comprehension about the forces which drives our financial systems and
how such major fiascos were able to recur over the timeline of our financial
history.
Absorbed into understanding the main mechanics behind our monetary system, I
discovered that it was merely nothing more than our governments abilities to
adopt, capitalize and regulate fiat currency beyond our legal boundaries. Since,
I was introduced to several financial theories such as the use of floating
exchange rates in the valuation of international currencies and credit derivatives
in the valuation of financial products such as CDSs and CDOs like the ones traded
during the crisis. My take in Economics in A-Levels has introduced me to theories
such as the Game Theory in strategic-decision making and the Tragedy of
Commons together with Nash Equilibrium which has reinforced my apprehension
of the financial and investing world as juxtaposing both elements allows me to
gain an even wider insight upon how something we regard as insignificant would
be able to affect an entire market.
Being able to triple an amount of $100,000 in virtual currency on the stock
market in a matter of 4 months has entitled me to be the top ranked investor in
my college organized challenge, of which has made me realize that success of
investments does not lie in the possession of luck or skill but rather in ones
ability to manage risks as well as to interlink every aspects of our modern world
and to understand how they are able to affect an overall market.
Being awarded Credit up to Distinction in the annual Australian Mathematics
Competition has prompted me to take A-Level Mathematics, considering the fact
that Mathematics does play a crucial role in the calculation of risks and the
valuation of financial assets. Given the nature in monitoring and evaluating
stocks on a market, I am looking forward to the day I am able to utilize my
statistical knowledge.
As a competent student, I had the opportunity to hold several posts in high
school being a Treasurer, a secretary, a committee member in various clubs and
societies and also being under the schools Prefectorial Board. These has
effectively reflected the imperative attributes of being a financial investor such
as leadership in leading others under my care and trust; meticulousness in the
management and structuring of finance; responsibility in carrying out my duties;
teamwork in our participation in various competitions; as well as acceptance of
failures. Acknowledging the limitless boundaries of knowledge, I have been an
avid reader of which I have been awarded the NILAM Award twice for reading a
total 290 books in a matter of 10 months, as a vast array of cognition and insight
is needed in the field of investing. Furthermore, my past endeavors in mooting
and debating competitions as well as my representation as a delegate in a recent
summit has all the more enlightened me in the expertise of analyzing and
breaking down arguments.
With such, I intend to enter a profession that aligns with the interests and
aptitudes I have discovered and developed over the span of my studies. I can
ensure the University that my acceptance would be defined as a wise intellectual
investment without utter regrets as I understand that the honors would be mine

to uphold the integrity and of what symbolizes the universitys identity to the
rest of the world.