Statement of purpose
Bachelor of Commerce (Accounting) Commerce , as a field, had always fascinated me right from my school days. I believe my penchant for this field stems from the fact that Finance runs in world and every sector requires proper finance system. My Uncle is a chartered accountant. During my school days, I used to go to my Uncles's office and help him manage his portfolio of equities and other financial instruments. This was the time I learnt the first lesson of finance from my Uncle i.e. risk and return are proportionate. In 2006 when I was in the twelth class the Indian stock market crashed. But fortunately, my Uncle had a well-diversified portfolio because of which his returns were protected from the downside risk. This was when I learnt the second principle of finance from my Uncle i.e. diversification reduces risk. While I understood these two principles intuitively, it produced in me a strong urge to learn and understand the complex theory behind the working of Finance. This, I believe, was a turning point in my career. I made up my mind to pursue a career in Finance and hence decided to do my bachelor degree in commerce (Accounting). Hence I took admission in commerce stream with fifth subject as mathematics xxx, which is one of the prominent schools chain in north India. During eleventh class, I developed a strong penchant for quantitative-oriented subjects like accounting, business theories with what does bussines means, micro economics and macro economics. During the Eleventh Class I learnt how bussines organization came into existence through a long procces and what does the basic difference between micro and macro economics and what does they mean. Derivatives can play an important role in optimizing a Portfolio's performance and in managing risk. This exposure left me wanting for more knowledge in the area of Risk Management. Because of my penchant for the rigor in Derivatives and Risk Management I took my summer vacations to study the the