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Whatever you say, don't say this"I want to be a trader at a top bulge bracket after completing the program. After 5 years on Wall Street where I learn all the latest technique and knowledge, I will come back to (insert a Southeast Asian country) and open a hedge fund where I apply my knowledge to modernize the thriving financial market at home so it can be the capital of the world in finance."It sounds naive but not far stretched from the many applications I have read. The results? These applicants usually get rejected regardless of how high they GRE/GPA are.The purpose of that question is to find out whether you have done research into this field or just one of the many gold diggers.Have you read the newspaper? Talk to people who are working in product space of your interest? Do you know what their day to day routine is like? Do you know what your strength is and how you intend to outshine hundreds of other students and later professionals?People don't expect you to lay down your 5 year plan exactly to the details but if you have no clues, it will show.Given the uncertainty, programs are trying to manage expectation and the last thing they want is people who complain that they didn't get what they want after spending $100K for a master degree.
Whatever you say, don't say this
"I want to be a trader at a top bulge bracket after completing the program. After 5 years on Wall Street where I learn all the latest technique and knowledge, I will come back to (insert a Southeast Asian country) and open a hedge fund where I apply my knowledge to modernize the thriving financial market at home so it can be the capital of the world in finance."
It sounds naive but not far stretched from the many applications I have read. The results? These applicants usually get rejected regardless of how high they GRE/GPA are.
The purpose of that question is to find out whether you have done research into this field or just one of the many gold diggers.
Have you read the newspaper? Talk to people who are working in product space of your interest? Do you know what their day to day routine is like? Do you know what your strength is and how you intend to outshine hundreds of other students and later professionals?
People don't expect you to lay down your 5 year plan exactly to the details but if you have no clues, it will show.
Given the uncertainty, programs are trying to manage expectation and the last thing they want is people who complain that they didn't get what they want after spending $100K for a master degree.