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Personal Statement of Purpose Finance and Accounting MSc

• Sample personal statement

28 July, 2022

Personal statement of purpose finance and accounting msc share.

• 12 May, 2013

With my deep interest, I want to pursue the course Finance and Accounting MSc at the University of Brighton because this course has access to modern computing facilities and specialist computing packages. And this course will provide me with the skills to make these investment decisions across various business areas. This degree will give me develop an in-depth knowledge of financial theory and practice, research methods, financial markets, financial accounting and management accounting. Moreover, I found this Finance and Accounting MSc will help me to specialise and meet the growing demand for finance professionals with strong research skills. I can also progress with or continue by studying for a Ph.D. I want to develop my career in this sector and the accounting and financial services sectors require a high level of understanding of theory and practice. And this MSc course can make me professional. I believe that this course will help me become professional and proficient in my future career.

Following my Intermediate and Secondary education from the Business Studies group, I completed my Bachelor’s degree major in Accounting in February 2022 from National University, Gazipur, Bangladesh. In my home country, there are many open places to develop a career in accountancy but they require a professional applicant. From this MSc course, I can meet the growing demand for finance professionals with strong research skills. So, I decided to complete my further higher studies by choosing this Finance and Accounting MSc at the University of Brighton. While studying, I was involved in various co- curricular activities to enrich my knowledge and skills. Attended and organized different types of seminars and workshops, participated in different voluntary services and activities, and actively participated. From my last education qualification, I have realized that I need to gain knowledge about business accounting and finance part as well as I want to grow my career in this area. I also have my English language concern and I attend a UKVI IELTS test where my overall band score is 6.0. I think I should gain more knowledge in the field so I decided to continue my further studies with this course. I am confident that my professional goal makes me a suitable candidate for the course.

By reviewing the university website, I have seen the course Finance and Accounting MSc at the University of Brighton is ideal preparation for continuing my studies at MPhil or Ph.D. level, also I will be able to work as a professional researcher in finance. The course will prepare me for a specific level of accounting and financial roles, accountancy firms, consultancies and finance departments in the private and public sectors. Studying in a simulated business environment will teach me to explore business practices from regulatory and risk management issues to how financial markets operate and what makes them crash. This course has been designed to help me develop the necessary skills to solve the financial accounting standards, complex business problems in recent facing situations. Modules on the course involve both taught sessions and guided independent study. The core module units include Economics of Financial Markets, Financial Theory and Practice, Research Methods for Finance and Economics, Dissertation or Work Placement Project. Mandatory specialism modules are- Contemporary Issues in Accounting, International Investment and Trading, Economics of Money, Interest Rates, Banking and Financial Institutions. Completion of my dissertation will teach me the undertake research leading to practicable recommendations based on sound analysis and judgment. All of these modules will help me to broaden my knowledge of accountancy understanding in an international context which will prepare me for my employment in an increasingly internationalized business world. Hopefully, I have been able to clear the purpose of my admission to the university. Moreover, during times of crisis, accountancy is seen as a stable profession. By completing this course, I will be able to work with reputed organisations in my home country ranging from accountancy, banking, financial management, and management consultancy. So, I believe this course will be the right choice for my career plans and objectives.

UK’s academic reputation is globally renowned and it is known that having a graduate degree from a UK university will definitely propel one’s career to a significant level. However, the study environment in my country follows the theoretical system of education which is quite different and no soft skills are acquired. The UK maintains a quality management system with high standards in all fields. In recent years, all companies in Bangladesh are emphasizing hiring of Bangladeshi graduates with degrees from abroad, as they see the transferrable skills carried forward from the international education will play a key role in transforming their approach to the business and believe these graduates are capable of doing so. The transferable skills from the UK are key to advancing graduates through organizational growth and gaining a competitive advantage. This reason attracted me to pursue a degree in the UK. A recent survey of International Graduation Results in 2019 produced by iGraduate by Universities UK International shows that 82% of international graduates say their UK degree is valuable for financial investment and a similar number of graduates say they are satisfied or very satisfied with their careers. About 83% think a UK degree has helped them get a job. These aspects have driven my ambition to get a degree from a UK institution.

University of Brighton is one of the re-known top universities in the UK. As my study destination is the UK and I wish to study at the University of Brighton, because it offers an experience that goes way beyond the classroom. Their core values are part of a dynamic, diverse and creative community that embraces partnership working and that makes a positive difference to society. From there, I will be able to gain real-world knowledge and transferable skills that employers look for in graduate recruits. And by the time I graduate, I’ll feel confident and fully prepared to start my career anywhere in the world. The university won a Silver Award in Teaching Excellence Framework, which means that the learning environment and the teaching I will receive are consistently better than the national requirements for UK Higher Education. The university has around 18,000 students and 2,400 staff studying and working at four campuses in Brighton and Eastbourne. Also, according to Destination Leavers from Higher Education 2017-2018, 94% of University of Brighton graduates get engaged in work or further study within the first 6 months. I will also be able to make connections with local, national and international companies, as the university has links with over 1800 businesses, including Fujitsu, BT, Sky, Boots, IBM, and the NHS, while the university educates professionals from 90% of FTSE 100 companies. The university puts students on a fast track that is designed to get a postgraduate degree into faster employment with excellent career opportunities. Moreover, the University brings the workplace into classrooms so it will be beneficial for me to attain my personal career objectives by practicing in this type of learning environment. I am looking forward to studying and wish to experience all the opportunities the University of Brighton has to offer.

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How To Write A Personal Statement For Masters (17 PDF Sample Examples)

Published: 14 Mar 2022 Study Abroad 108,813 views

A personal statement for masters program is one of the most important parts of your college application and writing a good one is what’s the exception between receiving an offer and being rejected.

If you’ve been tasked with presenting a personal statement, you should keep in mind that whatever you submit must put you forward as the right candidate for the course. Additionally, it should convince the admissions officers that you deserve a place on your program of study.

Achieving the above, is a skill most postgraduate students are yet to acquire but thankfully this article on How To Write A Personal Statement For Masters covers everything you need to know on doing this.

In this article you’ll learn:

• What is a personal statement?
• Tips for making your personal statement for masters stand out
• How to write a personal statement for masters
• Personal statement for masters sample
• Examples of personal statement for masters
• Conclusion – things to avoid when writing a personal statement for masters

Read:  Admission Interview Tips .

What Is a Personal Statement?

A personal statement AKA admissions or application essay or statement of purpose is a type of essay or written statement a candidate presents to a college, university, or graduate school they are applying to, explaining why they want to attend that school, study a particular course, and why they would be a perfect fit for these things.

A personal statement for masters is an essay you submit specifically for your postgraduate application. Writing one presents the opportunity for you to promote yourself to a school and show the admissions teachers that you are the perfect candidate for a course.

Tips For Making Your Personal Statement For Masters Stand Out

Before we get into how you should write a statement of purpose for masters, we would first like to share with you certain tips to include in your essay to make it stand out from that of other applicants and be convincing enough to any admissions officer that reads it. The tips we have mentioned here, cover general things like starting and ending your personal statement, timing, length, and what to include and what not to include in the essay, etc.

1. Starting And Ending A Personal Statement

When starting a personal statement, you would want to right off the bat grab the reader’s attention. To do this, start the statement by writing about your degree of choice, next why you want to study it and then how you got interested in it.

The next 2 sentences after that should cover a summary of your background in the chosen field, and you conclude by saying what you plan to do once you acquire your graduate degree.

Also start with that the evaluators reading want to hear first, then every other information should come second. You will notice we’ve used in the sop examples for masters we will share with you later in this article.

2. Plan Ahead

A personal statement is not something you rush while writing, which means if you want to get something good before you application then you must start to decide things like the length and how long it should take to complete.

Let us throw more light on this…

For length, a personal statement should be brief ranging somewhere between 500 -700 words, although schools often detect how long it should be. So, this is dependent on the institution you are applying to.

In terms of what to say in a statement, you could include personal experiences like why you were driven to apply for the program, an experience you had with a scholar in your chosen discipline, a course you took that inspired you to pursue masters, or a key moment during your studies which further motivated you.

No matter what you decide to write, just keep in mind that you need to take your time to craft something good even if it means creating several drafts before the real thing and do not forget to proofread the statement for errors.

3. Research Your Program Of Study

Researching your program of study is one way to establish that you truly understand the discipline you’re getting into and prove to the admissions officer that you thoroughly thought about it before applying.

And because you want to put yourself forward as a serious candidate, one way to make you research easier is for you to visit the website of the department you are applying to. This page will contain information about faculty members, their specialisation, and publications.

From the intel, you gathered there you can now identify which professors match your interests and which ones you will benefit the most from learning under. After you’ve found this out, relate the same in a sentence or two in your statement of purpose for masters.

Example: “I would be honoured to study under the tutelage of Professor Nadia whose work I found resonated strongly with my beliefs and intended projects in this course”.

4. Avoid Clichés, Junks, And Many Details

When writing a statement of purpose for master degree try to avoid clichés, junks, and unnecessary details so that you don’t lose or bore your readers in between. Be as concise as possible, even if it’s your chance to express yourself.

A personal statement is an opportunity for the admissions committee to get information that tells the that you are suitable for the course. So, when you overpower your statement with too many words, stories, and useless details, you come off as someone who is just trying to meet the word count.

5. Include Your Personal History Only If It Adds To The Statement

Do not include your personal history in your statement of intent for masters if it is not relevant to your purpose of study. This means no need for you to tell that story about that time you helped someone treat a cut and immediately realised that you wanted to be a doctor or nurse or how you developed a taste for reading at a very young age.

We can guarantee you that the hundreds of other applications competing for the same spot you are felt the same way, so saying those things really doesn’t make you unique.

On the other hand, if you are going to add personal history to your statement, you can put in things like an internship you did and the experience you got from the job, a major research project you ran by yourself, publications you’ve read or published, conferences you’ve attended or presentations you’ve done. These experiences are more concrete and are directly related to your program of study. They also set you apart from other applicants.

6. Don't Use The Same Personal Statement For All Your Applications

One common mistake applicant make that you shouldn’t is using the same statement of purpose for master degree for all your applications. Using the same information repeatedly even if you are going to change the university names is risky and could land you in a big mistake on a day you forget to be thorough.

All programmes have their own unique set of questions they want to see answered and information they need in your personal statement.

And even if some of them like extracurricular activities, proposal for project, why you are applying to the school, your unique qualities, and research works you’re doing might appear the same, do not use one statement to respond to all of them.

Write a new unique personal statement every time you want to apply.

Check out:  How to Write a Good CV for Students - Resume Examples for Students (PDF).

How To Write A Personal Statement for Masters

When writing a personal statement for masters there are several steps and ground rules you need to follow to ensure that it comes out good enough to impress the admissions team of a school, and ultimately convince them to give you a spot on your program of study.

If writing one is something you are currently struggling with and can’t seem to get down the process of it right no matter what, this section on how to write a personal statement for masters, discusses in detail everything you need to get help with yours.

There are 4 parts to consider when writing your personal statement and we have listed them below:

1. Planning A Personal Statement

A personal statement is a piece of writing showing your academic interests and is only for application purposes which means there is no room for any autobiographical information in it about your personal life. Be as to-the-point as possible when writing it and stick to telling the school why you are the right person for the course, plus any other extra information detailing your achievements.

Before You Start:

Allot plenty of time to write your msc personal statement so that you don’t rush it. Remember, this simple piece of writing is your one shot at convincing a school that you are the best applicant they’ve seen and as such can either make or break your application.

Read the information expected of you from the university, rules and guidelines given, selection criteria and understand what they mean. Also research the institution.

Do a thorough research on the course you are applying for; this will help you explain better why you want to study it. The tutors interviewing you can tell when you are lying and presenting yourself as uninformed can cost you the admission.

Ensure that you don’t use the same personal statement for all your applications.

When Writing:

When writing the statement there are some questions to ask yourself that can help you plan it better. Those questions are:

• Why you want to study a master’s and how does it benefit you in future?
• How does the course you have chosen fit into your pre-existing skill set?
• How do you stand out from the crowd as an applicant - e.g., work experiences you’ve had in the same field you are applying for?
• What do you aspire to do or be as a future career and how will the course help you achieve that?
• How can your work or skillsets contribute positively to the department/ university you are applying to, or society at large?

On the other hand, if you are applying for the masters to change from the field you studied in your undergraduate to another field, you should tell the school why you decided to take a different path in your studies.

Questions to ask yourself for this include:

• Your reason for deciding to change your discipline.
• How your undergraduate degree will be material for bringing fresh insights into your masters course.
• How changing your study path will help you attain your future career.

2. Structuring A Personal Statement

Having good structure for your personal statement for master degree is important because it ensures that everything from the beginning, middle, and ending of the statement is written and equally falls in place perfectly.

We’ve left some tips for you below to help you:

Start your personal statement with an attention-grabbing introduction that is not dramatic or cliché. That means you should not begin with any of these over-used phrases we’ve listed out below:

For as long as I remember…

Since my childhood…

I want to apply to this course because I’ve always felt a strong connection to it…

All my life, I have always loved…

My interest in (course) always ran deeper than…

I’ve always been zealous about…

Ever since I was a child, I’ve always wanted to pursue a career in…

My past educational experiences have always…

You would want to be as snappy as possible with your opening because the admission officer has over a hundred applications to read and can’t waste all their time on yours. This means you should avoid overpowering it with unnecessary facts, quotes, and stories from your life.

The middle part of your ma personal statement is where the main content of the write-up should be. This is where you show your dedication to the course you’ve chosen, what motivated you to choose it, and why you are the right candidate for it.

When writing the middle part of a graduate personal statement, you should:  

• Give concrete reasons why you want to study a course at the University. The reason could be because of how the course is aligned to your future career or the University’s reputation in teaching that program.
• Mention relevant things like projects, dissertations, or essays you’ve done, and any work experience you have.
• Show proof of your core skills like and how they can contribute to the department.
• Prove what makes you a unique candidate.
• Discuss who your main influences for wanting to study the course are and why.
• Add experiences like memberships to clubs that are related to your field, papers you’ve written before, awards, scholarships, or prizes.
• Draw focus to how the course links to your past and future.
• Mention your academic and non-academic skills and how they fit the course.

For Formatting:

• Keep the statement length between 250 -500 words or as directed by the school.
• Sentences should be no more than 25-30 words.
• Use headings to break up the content – Why this university? Why this subject? Etc.
• Make claims and provide evidence to back each of them up. This can be done by discussing your work experience and academic interests.

Language and tone to use:     

• The tone for your masters application personal statement should be positive and enthusiastic, to show you eagerness to learn and so that you convince the evaluators that you have what it takes to succeed.
• Use exciting and refreshing language, and an engaging opening line.
• Ensure you grammar, punctuations, and spellings are accurate.
• Avoid exaggerated claims you cannot backup.
• Don’t use cliché generic terms and keep your focus on the course.

Keep the ending of your essay for master degree application concise and memorable, leaving no doubt in the admission officers mind that you deserve a spot on the program.

To create the best ending summarise all your key points without dragging it our or repeating yourself. The ending should be simple, end on a positive note and make it clear that the school will be lucky to have you on their program.

Personal Statement for Masters Sample

In this section, we have left a masters personal statement example for you, which you can use as material to write yours for any course of study you are applying to a school for.

Personal Statement PDF

You can also download this statement of purpose sample for masters degree pdf here and take your time to read it later – Personal Statement For Masters Sample .

See Also:  Student CV Template .

Examples of Personal Statement for Masters

We have taken the time to source for some of the best postgraduate personal statement examples, which you can use in addition to the personal statement for masters program example as a template to write yours.

While you scroll through our list, you will find the perfect masters essay example for any field you wish to apply for, from business administration, to Psychology, to information technology, and lots more.

1. msw personal statement

We have found one of the best msw personal statement examples out there for you.

social work masters personal statement .  

2. personal statement for masters in public health

mph personal statement examples

3. personal statement for masters in management

Personal statement for master degree sample for masters in management .  , 4. personal statement for masters in education example.

personal statement for masters in education example

5. psychology masters personal statement

psychology masters personal statement example

6. sample personal statement for masters in data science data science masters personal statement

7. speech and language therapy personal statement statement of purpose for masters sample: speech and language therapy

8. business administration personal statement personal statement for masters in business administration

9. personal statement for masters in cyber security pdf masters degree personal statement examples for cyber security

10. personal statement for masters in finance msc finance personal statement examples

11. statement of purpose for masters in information technology pdf msc personal statement examples for information technology

12. international development personal statement statement of purpose for masters example

13. msc international business management personal statement international business management personal statement examples

14. computer science masters personal statement

statement of purpose for masters in computer science pdf

15. personal statement for masters in economics statement of purpose sample for masters degree in economics

16. mha personal statement statement of purpose format for masters in health administration    

Conclusion – Things to Avoid When Writing A Personal Statement For Masters When writing a personal statement for university masters, there are some things you should avoid, so that you don’t ruin your essay. We have listed out those things below: •    Avoid negativity. •    Following an online template blindly. •    Do not include unnecessary course modules, personal facts, or extra-curricular activities in your personal statement. •    Do not lie or exaggerate an achievement or event. •    Do not include inspirational quotes to your statement. •    Avoid using clichés, gimmicks, humour, over-used word such as 'passion' or ‘driven’. •    Do not make pleading statements. •    Avoid mentioning key authors or professors in your field without any explanation. •    Avoid using sentences that are too long. •    Avoid flattering the organisation or using patronising terms. •    Do not repeat information in your statement that you have already listed in your application. •    Avoid waffling i.e., writing at length. •    Don’t start writing your personal statement at the last minute.  

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How to Write a Personal Statement for Accounting (Best Tips)

It should signify your love for numbers and your passion for business and finance. It should also provide an in-depth look into your personality and evidence that you are qualified for this course. This article will show you how to write a captivating personal statement for accounting school in the simplest yet most substantial form.

What is a Personal Statement?

What to include in your personal statement.

A personal statement is not a lengthy essay to be filled with your life story and fancy goals. It must be a concise, realistic, and compelling justification of why you’re the most suitable candidate to be granted admission.

Include these in your personal statement:

According to James Seymour, Director of Marketing and Student Recruitment at the University of Gloucestershire , universities do not want a beautifully written essay with tens of achievements but a realistic picture of a candidate with all efforts, traits, goals, and hardships that shaped him for an accounting major.

How to Write a Personal Statement for Accounting (Step-by-Step Guide)

1. do your research.

Be very sure about what and where you are applying for and why you are applying for it. Do your research on:

This research will make you confident about your choice and your plans. Reflect the knowledge gained from this research into your statement. Tip: Do thorough research and make notes on the achievements of instructors, industry leaders, and related case studies. This will help you in compiling evidence-based personal statements.

2. Brainstorm and Write

Once you have done enough research and analysis on pursuing an accounting and finance program, the next step is to jot it down. Take a paper and pen, and write whatever comes to your mind regarding the course and your application. Leave the structure and language for now, and think and write whatever comes to your mind. Support your every thought with evidence from the research you did in step#1.

3. Filter it Out

Group sentences into the above sections and then write them in paragraph forms under each section.

4. Arrange and Refine

5. analyze and improve sections, 6. set the flow.

Once the content is completed, the next step is to arrange the paragraphs in a sequence. Read the individual paragraphs and make connections between them. Each new paragraph should be a smooth transition from the previous one. Arrange paragraphs in such a way that it keeps the reader engaged and gradually provides insights about you. Think of it as the art of storytelling . It goes from the introduction to the body of the story to the climax.

7. Proofread

8. peer check, 9. don’t be hasty in submitting it.

Yes, do not submit your personal statement along with your application if the deadline is still far off. Keep the final version with you and read it after a day or two. You will see lots of space for improvement after checking it with a fresh mind. Keep on improving and submit the best version a few days before the closing date. That’s it. We provided you with the best approach to writing a personal statement for an accounting school application. You may end up writing an amazing one if you follow these steps in a sequence. If you are still confused about structuring your accounting and finance personal statement, here is how you can do that.

How to Structure Personal Statement for Accounting and Finance

Making a general structure or outline for your personal statement will make your writing ten times easier and will give it a natural flow. The widely accepted personal statements usually follow the following structure:

Opening Paragraph

Begin your personal statement with an interesting opening paragraph. It is a very crucial part of your essay as it draws the reader in. Mention your interest in accounting and finance and explain what stokes your passion for choosing this course.

Middle Part

You can divide this part into academics and work experience as follows:.

Watch this and learn how to include academics and work experiences in your accounting and finance personal statement.

This part is a personal touch. This is where you can mention the least significant part of your story. Mention your interests, hobbies, and other activities and elaborate on how they help you develop relevant soft skills. Mention books, events, programs, or people by name that you follow. Tip: Even the least significant information must significantly relate to your passion for accounting and finance. For example, you can mention reading books like ‘Rich Dad, and Poor Dad’, listening to TEDx talks, etc. Check out this guide to learn how to talk about hobbies in a personal statement.

Tips for Writing a Great Accounting Personal Statement

Common mistakes:, amazing examples of personal statements.

After reading all the tips and tricks for writing a personal statement for accounting and finance, check out these successful examples that got selected for top-ranked institutes.

Want more examples? Here is a list of the best accounting statements that have been shared by the UCAS admission officer.

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Gre prep online guides and tips, 3 successful graduate school personal statement examples.

Looking for grad school personal statement examples? Look no further! In this total guide to graduate school personal statement examples, we’ll discuss why you need a personal statement for grad school and what makes a good one. Then we’ll provide three graduate school personal statement samples from our grad school experts. After that, we’ll do a deep dive on one of our personal statement for graduate school examples. Finally, we’ll wrap up with a list of other grad school personal statements you can find online.

Why Do You Need a Personal Statement?

A personal statement is a chance for admissions committees to get to know you: your goals and passions, what you’ll bring to the program, and what you’re hoping to get out of the program.  You need to sell the admissions committee on what makes you a worthwhile applicant. The personal statement is a good chance to highlight significant things about you that don’t appear elsewhere on your application.

A personal statement is slightly different from a statement of purpose (also known as a letter of intent). A statement of purpose/letter of intent tends to be more tightly focused on your academic or professional credentials and your future research and/or professional interests.

While a personal statement also addresses your academic experiences and goals, you have more leeway to be a little more, well, personal. In a personal statement, it’s often appropriate to include information on significant life experiences or challenges that aren’t necessarily directly relevant to your field of interest.

Some programs ask for both a personal statement and a statement of purpose/letter of intent. In this case, the personal statement is likely to be much more tightly focused on your life experience and personality assets while the statement of purpose will focus in much more on your academic/research experiences and goals.

However, there’s not always a hard-and-fast demarcation between a personal statement and a statement of purpose. The two statement types should address a lot of the same themes, especially as relates to your future goals and the valuable assets you bring to the program. Some programs will ask for a personal statement but the prompt will be focused primarily on your research and professional experiences and interests. Some will ask for a statement of purpose but the prompt will be more focused on your general life experiences.

When in doubt, give the program what they are asking for in the prompt and don’t get too hung up on whether they call it a personal statement or statement of purpose. You can always call the admissions office to get more clarification on what they want you to address in your admissions essay.

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What Makes a Good Grad School Personal Statement?

A great graduate school personal statement can come in many forms and styles. However, strong grad school personal statement examples all share the same following elements:

A Clear Narrative

Above all, a good personal statement communicates clear messages about what makes you a strong applicant who is likely to have success in graduate school. So to that extent, think about a couple of key points that you want to communicate about yourself and then drill down on how you can best communicate those points. (Your key points should of course be related to what you can bring to the field and to the program specifically).

You can also decide whether to address things like setbacks or gaps in your application as part of your narrative. Have a low GPA for a couple semesters due to a health issue? Been out of a job for a while taking care of a family member? If you do decide to explain an issue like this, make sure that the overall arc is more about demonstrating positive qualities like resilience and diligence than about providing excuses.

Specific Examples

A great statement of purpose uses specific examples to illustrate its key messages. This can include anecdotes that demonstrate particular traits or even references to scholars and works that have influenced your academic trajectory to show that you are familiar and insightful about the relevant literature in your field.

Just saying “I love plants,” is pretty vague. Describing how you worked in a plant lab during undergrad and then went home and carefully cultivated your own greenhouse where you cross-bred new flower colors by hand is much more specific and vivid, which makes for better evidence.

A strong personal statement will describe why you are a good fit for the program, and why the program is a good fit for you. It’s important to identify specific things about the program that appeal to you, and how you’ll take advantage of those opportunities. It’s also a good idea to talk about specific professors you might be interested in working with. This shows that you are informed about and genuinely invested in the program.

Strong Writing

Even quantitative and science disciplines typically require some writing, so it’s important that your personal statement shows strong writing skills. Make sure that you are communicating clearly and that you don’t have any grammar and spelling errors. It’s helpful to get other people to read your statement and provide feedback. Plan on going through multiple drafts.

Another important thing here is to avoid cliches and gimmicks. Don’t deploy overused phrases and openings like “ever since I was a child.” Don’t structure your statement in a gimmicky way (i.e., writing a faux legal brief about yourself for a law school statement of purpose). The first will make your writing banal; the second is likely to make you stand out in a bad way.

Appropriate Boundaries

While you can be more personal in a personal statement than in a statement of purpose, it’s important to maintain appropriate boundaries in your writing. Don’t overshare anything too personal about relationships, bodily functions, or illegal activities. Similarly, don’t share anything that makes it seem like you may be out of control, unstable, or an otherwise risky investment. The personal statement is not a confessional booth. If you share inappropriately, you may seem like you have bad judgment, which is a huge red flag to admissions committees.

You should also be careful with how you deploy humor and jokes. Your statement doesn’t have to be totally joyless and serious, but bear in mind that the person reading the statement may not have the same sense of humor as you do. When in doubt, err towards the side of being as inoffensive as possible.

Just as being too intimate in your statement can hurt you, it’s also important not to be overly formal or staid. You should be professional, but conversational.

Graduate School Personal Statement Examples

Our graduate school experts have been kind enough to provide some successful grad school personal statement examples. We’ll provide three examples here, along with brief analysis of what makes each one successful.

Sample Personal Statement for Graduate School 1

PDF of Sample Personal Statement 1 – Japanese Studies

For this Japanese Studies master’s degree, the applicant had to provide a statement of purpose outlining her academic goals and experience with Japanese and a separate personal statement describing her personal relationship with Japanese Studies and what led her to pursue a master’s degree.

Here’s what’s successful about this personal statement:

• An attention-grabbing beginning: The applicant begins with the statement that Japanese has never come easily to her and that it’s a brutal language to learn. Seeing as how this is an application for a Japanese Studies program, this is an intriguing beginning that makes the reader want to keep going.
• A compelling narrative: From this attention-grabbing beginning, the applicant builds a well-structured and dramatic narrative tracking her engagement with the Japanese language over time. The clear turning point is her experience studying abroad, leading to a resolution in which she has clarity about her plans. Seeing as how the applicant wants to be a translator of Japanese literature, the tight narrative structure here is a great way to show her writing skills.
• Specific examples that show important traits: The applicant clearly communicates both a deep passion for Japanese through examples of her continued engagement with Japanese and her determination and work ethic by highlighting the challenges she’s faced (and overcome) in her study of the language. This gives the impression that she is an engaged and dedicated student.

Overall, this is a very strong statement both in terms of style and content. It flows well, is memorable, and communicates that the applicant would make the most of the graduate school experience.

Sample Personal Statement for Graduate School 2

PDF of Sample Graduate School Personal Statement 2 – Musical Composition

This personal statement for a Music Composition master’s degree discusses the factors that motivate the applicant to pursue graduate study.

Here’s what works well in this statement:

• The applicant provides two clear reasons motivating the student to pursue graduate study: her experiences with music growing up, and her family’s musical history. She then supports those two reasons with examples and analysis.
• The description of her ancestors’ engagement with music is very compelling and memorable. The applicant paints her own involvement with music as almost inevitable based on her family’s long history with musical pursuits.
• The applicant gives thoughtful analysis of the advantages she has been afforded that have allowed her to study music so extensively. We get the sense that she is insightful and empathetic—qualities that would add greatly to any academic community.

This is a strong, serviceable personal statement. And in truth, given that this for a masters in music composition, other elements of the application (like work samples) are probably the most important.  However, here are two small changes I would make to improve it:

• I would probably to split the massive second paragraph into 2-3 separate paragraphs. I might use one paragraph to orient the reader to the family’s musical history, one paragraph to discuss Giacomo and Antonio, and one paragraph to discuss how the family has influenced the applicant. As it stands, it’s a little unwieldy and the second paragraph doesn’t have a super-clear focus even though it’s all loosely related to the applicant’s family history with music.
• I would also slightly shorten the anecdote about the applicant’s ancestors and expand more on how this family history has motivated the applicant’s interest in music. In what specific ways has her ancestors’ perseverance inspired her? Did she think about them during hard practice sessions? Is she interested in composing music in a style they might have played? More specific examples here would lend greater depth and clarity to the statement.

Sample Personal Statement for Graduate School 3

PDF of Sample Graduate School Personal Statement 3 – Public Health

This is my successful personal statement for Columbia’s Master’s program in Public Health. We’ll do a deep dive on this statement paragraph-by-paragraph in the next section, but I’ll highlight a couple of things that work in this statement here:

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• This statement is clearly organized. Almost every paragraph has a distinct focus and message, and when I move on to a new idea, I move on to a new paragraph with a logical transitions.
• This statement covers a lot of ground in a pretty short space. I discuss my family history, my goals, my educational background, and my professional background. But because the paragraphs are organized and I use specific examples, it doesn’t feel too vague or scattered.
• In addition to including information about my personal motivations, like my family, I also include some analysis about tailoring health interventions with my example of the Zande. This is a good way to show off what kinds of insights I might bring to the program based on my academic background.

Grad School Personal Statement Example: Deep Dive

Now let’s do a deep dive, paragraph-by-paragraph, on one of these sample graduate school personal statements. We’ll use my personal statement that I used when I applied to Columbia’s public health program.

Paragraph One: For twenty-three years, my grandmother (a Veterinarian and an Epidemiologist) ran the Communicable Disease Department of a mid-sized urban public health department. The stories of Grandma Betty doggedly tracking down the named sexual partners of the infected are part of our family lore. Grandma Betty would persuade people to be tested for sexually transmitted diseases, encourage safer sexual practices, document the spread of infection and strive to contain and prevent it. Indeed, due to the large gay population in the city where she worked, Grandma Betty was at the forefront of the AIDS crises, and her analysis contributed greatly towards understanding how the disease was contracted and spread. My grandmother has always been a huge inspiration to me, and the reason why a career in public health was always on my radar.

This is an attention-grabbing opening anecdote that avoids most of the usual cliches about childhood dreams and proclivities. This story also subtly shows that I have a sense of public health history, given the significance of the AIDs crisis for public health as a field.

It’s good that I connect this family history to my own interests. However, if I were to revise this paragraph again, I might cut down on some of the detail because when it comes down to it, this story isn’t really about me. It’s important that even (sparingly used) anecdotes about other people ultimately reveal something about you in a personal statement.

Paragraph Two: Recent years have cemented that interest. In January 2012, my parents adopted my little brother Fred from China. Doctors in America subsequently diagnosed Fred with Duchenne Muscular Dystrophy (DMD). My parents were told that if Fred’s condition had been discovered in China, the (very poor) orphanage in which he spent the first 8+ years of his life would have recognized his DMD as a death sentence and denied him sustenance to hasten his demise.

Here’s another compelling anecdote to help explain my interest in public health. This is an appropriately personal detail for a personal statement—it’s a serious thing about my immediate family, but it doesn’t disclose anything that the admissions committee might find concerning or inappropriate.

If I were to take another pass through this paragraph, the main thing I would change is the last phrase. “Denied him sustenance to hasten his demise” is a little flowery. “Denied him food to hasten his death” is actually more powerful because it’s clearer and more direct.

Paragraph Three: It is not right that some people have access to the best doctors and treatment while others have no medical care. I want to pursue an MPH in Sociomedical Sciences at Columbia because studying social factors in health, with a particular focus on socio-health inequities, will prepare me to address these inequities. The interdisciplinary approach of the program appeals to me greatly as I believe interdisciplinary approaches are the most effective way to develop meaningful solutions to complex problems.

In this paragraph I make a neat and clear transition from discussing what sparked my interest in public health and health equity to what I am interested in about Columbia specifically: the interdisciplinary focus of the program, and how that focus will prepare me to solve complex health problems. This paragraph also serves as a good pivot point to start discussing my academic and professional background.

Paragraph Four: My undergraduate education has prepared me well for my chosen career. Understanding the underlying structure of a group’s culture is essential to successfully communicating with the group. In studying folklore and mythology, I’ve learned how to parse the unspoken structures of folk groups, and how those structures can be used to build bridges of understanding. For example, in a culture where most illnesses are believed to be caused by witchcraft, as is the case for the Zande people of central Africa, any successful health intervention or education program would of necessity take into account their very real belief in witchcraft.

In this paragraph, I link my undergraduate education and the skills I learned there to public health. The (very brief) analysis of tailoring health interventions to the Zande is a good way to show insight and show off the competencies I would bring to the program.

Paragraph Five: I now work in the healthcare industry for one of the largest providers of health benefits in the world. In addition to reigniting my passion for data and quantitative analytics, working for this company has immersed me in the business side of healthcare, a critical component of public health.

This brief paragraph highlights my relevant work experience in the healthcare industry. It also allows me to mention my work with data and quantitative analytics, which isn’t necessarily obvious from my academic background, which was primarily based in the social sciences.

Paragraph Six: I intend to pursue a PhD in order to become an expert in how social factors affect health, particularly as related to gender and sexuality. I intend to pursue a certificate in Sexuality, Sexual Health, and Reproduction. Working together with other experts to create effective interventions across cultures and societies, I want to help transform health landscapes both in America and abroad.

This final paragraph is about my future plans and intentions. Unfortunately, it’s a little disjointed, primarily because I discuss goals of pursuing a PhD before I talk about what certificate I want to pursue within the MPH program! Switching those two sentences and discussing my certificate goals within the MPH and then mentioning my PhD plans would make a lot more sense.

I also start two sentences in a row with “I intend,” which is repetitive.

The final sentence is a little bit generic; I might tailor it to specifically discuss a gender and sexual health issue, since that is the primary area of interest I’ve identified.

This was a successful personal statement; I got into (and attended!) the program. It has strong examples, clear organization, and outlines what interests me about the program (its interdisciplinary focus) and what competencies I would bring (a background in cultural analysis and experience with the business side of healthcare). However, a few slight tweaks would elevate this statement to the next level.

Graduate School Personal Statement Examples You Can Find Online

So you need more samples for your personal statement for graduate school? Examples are everywhere on the internet, but they aren’t all of equal quality.

Most of examples are posted as part of writing guides published online by educational institutions. We’ve rounded up some of the best ones here if you are looking for more personal statement examples for graduate school.

Penn State Personal Statement Examples for Graduate School

This selection of ten short personal statements for graduate school and fellowship programs offers an interesting mix of approaches. Some focus more on personal adversity while others focus more closely on professional work within the field.

The writing in some of these statements is a little dry, and most deploy at least a few cliches. However, these are generally strong, serviceable statements that communicate clearly why the student is interested in the field, their skills and competencies, and what about the specific program appeals to them.

Cal State Sample Graduate School Personal Statements

These are good examples of personal statements for graduate school where students deploy lots of very vivid imagery and illustrative anecdotes of life experiences. There are also helpful comments about what works in each of these essays.

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However, all of these statements are definitely pushing the boundaries of acceptable length, as all are above 1000 and one is almost 1500 words! Many programs limit you to 500 words; if you don’t have a limit, you should try to keep it to two single-spaced pages at most (which is about 1000 words).

University of Chicago Personal Statement for Graduate School Examples

These examples of successful essays to the University of Chicago law school cover a wide range of life experiences and topics. The writing in all is very vivid, and all communicate clear messages about the students’ strengths and competencies.

Note, however, that these are all essays that specifically worked for University of Chicago law school. That does not mean that they would work everywhere. In fact, one major thing to note is that many of these responses, while well-written and vivid, barely address the students’ interest in law school at all! This is something that might not work well for most graduate programs.

Wheaton College Personal Statement for Graduate School Sample 10

This successful essay for law school from a Wheaton College undergraduate does a great job tracking the student’s interest in the law in a compelling and personal way. Wheaton offers other graduate school personal statement examples, but this one offers the most persuasive case for the students’ competencies. The student accomplishes this by using clear, well-elaborated examples, showing strong and vivid writing, and highlighting positive qualities like an interest in justice and empathy without seeming grandiose or out of touch.

Wheaton College Personal Statement for Graduate School Sample 1

Based on the background information provided at the bottom of the essay, this essay was apparently successful for this applicant. However, I’ve actually included this essay because it demonstrates an extremely risky approach. While this personal statement is strikingly written and the story is very memorable, it could definitely communicate the wrong message to some admissions committees. The student’s decision not to report the drill sergeant may read incredibly poorly to some admissions committees. They may wonder if the student’s failure to report the sergeant’s violence will ultimately expose more soldiers-in-training to the same kinds of abuses. This incident perhaps reads especially poorly in light of the fact that the military has such a notable problem with violence against women being covered up and otherwise mishandled

It’s actually hard to get a complete picture of the student’s true motivations from this essay, and what we have might raise real questions about the student’s character to some admissions committees. This student took a risk and it paid off, but it could have just as easily backfired spectacularly.

Key Takeaways: Graduate School Personal Statement Examples

In this guide, we discussed why you need a personal statement and how it differs from a statement of purpose. (It’s more personal!)

We also discussed what you’ll find in a strong sample personal statement for graduate school:

• A clear narrative about the applicant and why they are qualified for graduate study.
• Specific examples to support that narrative.
• Compelling reasons why the applicant and the program are a good fit for each other.
• Strong writing, including clear organization and error-free, cliche-free language.
• Appropriate boundaries—sharing without over-sharing.

Then, we provided three strong graduate school personal statement examples for different fields, along with analysis. We did a deep-dive on the third statement.

Finally, we provided a list of other sample grad school personal statements online.

What’s Next?

Want more advice on writing a personal statement ? See our guide.

Writing a graduate school statement of purpose? See our statement of purpose samples  and a nine-step process for writing the best statement of purpose possible .

If you’re writing a graduate school CV or resume, see our how-to guide to writing a CV , a how-to guide to writing a resume , our list of sample resumes and CVs , resume and CV templates , and a special guide for writing resume objectives .

Need stellar graduate school recommendation letters ? See our guide.

See our 29 tips for successfully applying to graduate school .

Ready to improve your GRE score by 7 points?

Author: Ellen McCammon

Ellen is a public health graduate student and education expert. She has extensive experience mentoring students of all ages to reach their goals and in-depth knowledge on a variety of health topics. View all posts by Ellen McCammon

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Accounting personal statements

On this page you'll find a collection of real personal statements written by students applying to study accounting and related courses at university.

These personal statements are written by real students - don't expect them all to be perfect! But by reading through a few of these samples, you'll be able to get some ideas and inspiration for your own personal statement. 

Accounting personal statement examples

More help with your personal statement.

You can find personal statement examples for other courses by using this subject list, or by returning to our personal statements by subject page.

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• Personal Statements
• Accounting Personal Statement

Accounting Personal Statement Example

Sample statement.

For all the grand plans played out on the world economic stage, it is the quality of the accounting at individual companies that really makes the difference between success and failure, profit and loss. Often forgotten, rarely credited, I believe that accounts are at the heart of any business and I want to learn how to make a difference, by studying best practice and the advanced techniques required to make accounts as efficient and effective as possible.

Human behaviour fascinates me almost as much as numbers do, and I think that both are important aspects of accounting. I have had two work placements during my A-level studies and I have saved money for both companies, not by being smarter than their accounts team, but by suggesting changes in behaviour. All too often, companies buy from the same supplier that they always have, despite the fact that there are cheaper sources. It is human nature to stick with the comfortable and familiar.

To support this approach, I have combined my A-levels in maths and business studies with A-level psychology. This way I am able to not only understand the numbers in a set of accounts, but also some of the reasons behind them.

I am interested in a career in accounting since it not only matches my interests, skills and abilities, but also offers a solid career path. Whether the figures are good or bad, impressive or disastrous, there will always be a need for an accountant to process and present them. In fact, as times continue to be tough for business, I believe that the skilled accountant will become ever more in demand.

Another key skill of a successful accountant is the ability to communicate well and build good relationships with people, and I believe that my volunteer work with our local youth group has helped me to develop this. In this role I not only work with young people aged ten to fifteen, but also liaise with their parents, teachers, and where necessary, social workers, to solve problems, enhance opportunities and generally help these young people to gain confidence and self belief. I believe these skills are directly relevant to the workplace, where I will need to keep many different stakeholders onside during changes such as financial cuts or restructuring.

Outside of my academic studies, I am a keen film buff, and have worked hard lobbying my local multiplex cinema to show a more varied selection of films beyond the mainstream blockbusters. I was delighted earlier this year, when they responded to my campaign by showing the Future Shorts collection of short films. I made sure that I rallied as many of my friends and family as possible to attend to make the event a success.

While there are many opportunities to start young in the accounting industry, and learn on the job gaining qualifications along the way, I think that studying the subject to degree level is a more focused, and ultimately more rewarding path. I have ambitions to one day be a financial director of a major company and I believe that this course is a significant step in achieving that dream.

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Your Friendly Guide to the Key Accounting 3 Statements Explained

Master the accounting 3 statements learn balance sheets, income statements, and cash flow with our friendly guide., getting the hang of financial statements, what are financial statements.

Financial statements are like the report cards of a business, showing how it’s doing over a certain period. They tell you if a company is making money, paying its bills, and staying in the black ( Yeshiva University ). The big three are:

• Income Statement
• Balance Sheet
• Cash Flow Statement

Each one gives a different piece of the puzzle, but together, they paint a full picture of a company’s financial health ( Investopedia ).

Why Bother with These Statements?

If you’re into accounting or just want to know if a company is worth your time and money, these statements are your best friends. Here’s the lowdown on each:

Income Statement : Think of this as the scorecard for a specific period. It lists all the money coming in (revenue) and going out (expenses). The bottom line? Net income, which tells you if the company is making a profit. Curious for more? Check out our accounting 101 pdf .

Balance Sheet : This one’s like a snapshot of the company’s financial standing at a particular moment. It lists what the company owns (assets), what it owes (liabilities), and what’s left over (equity). Want to see an example? Peek at our accounting balance sheet example .

Cash Flow Statement : This shows where the cash is coming from and where it’s going, covering operations, investments, and financing. It’s all about how well the company handles its cash. Dive deeper with our accounting 3 way match .

When you put these statements together, you get a clear view of how efficiently a company is running, how well it’s managing its assets, and how it’s structuring its capital ( Investopedia ). They’re essential for making smart business decisions and figuring out if a company is on the right track. For more on how these statements fit together, check out our accounting made simple guide.

The Balance Sheet

The balance sheet, also known as the statement of financial position, is a key financial document that shows a company’s assets, liabilities, and shareholders’ equity. It follows the basic formula: assets = liabilities + equity ( Investopedia ).

What’s Inside a Balance Sheet?

A balance sheet has three main parts: assets, liabilities, and shareholders’ equity. Each part gives a peek into the company’s financial health.

Assets : These are things the company owns that can bring future benefits. Assets are split into current assets (like cash, accounts receivable, inventory) and non-current assets (like property, equipment, long-term investments).

Liabilities : These are what the company owes. Liabilities are divided into current liabilities (like accounts payable, short-term loans) and non-current liabilities (like long-term debt, deferred tax liabilities).

Shareholders’ Equity : This is what’s left for the owners after all debts are paid. It includes common stock, retained earnings, and additional paid-in capital.

How Assets, Liabilities, and Equity Work Together

Knowing how assets, liabilities, and equity relate helps you understand a company’s financial standing. The balance sheet must always balance, meaning total assets equal total liabilities plus shareholders’ equity ( Corporate Finance Institute ).

This balance ensures the balance sheet gives a clear picture of the company’s financial status at a specific time, showing its ability to handle short-term and long-term obligations ( Yeshiva University ).

For more details on making and understanding balance sheets, check out our resources on accounting balance sheet example and related topics like accounting 5 principles and accounting 5 types of accounts . These resources can boost your accounting knowledge and offer practical tools for better financial analysis.

The Income Statement

The income statement is your go-to financial report for a snapshot of a company’s revenue, expenses, and net income over a set period. Think of it as the report card for a business’s profitability and financial health. Let’s break down the key parts of an income statement: revenue, expenses, and net income.

Revenue and Expenses

Revenue, also known as sales or turnover, is the total cash a company rakes in from selling goods or services. It’s the starting point of the income statement. Expenses, on the other hand, are the costs a company incurs to generate that revenue. These expenses can be broken down into several categories:

• Cost of Goods Sold (COGS): The direct costs tied to producing the goods a company sells.
• Operating Expenses: These include selling, general, and administrative expenses (SG&A), like salaries, rent, and utilities.
• Depreciation and Amortization: The gradual write-off of the cost of tangible and intangible assets over their useful lives.
• Interest Expenses: Costs from borrowed funds.
• Tax Expenses: The taxes owed to the government.

Here’s a simple table to illustrate:

Calculating Net Income

Net income, often called the “bottom line,” is the final figure on the income statement. It’s what you get after subtracting all expenses from total revenue. Net income shows how profitable a company is after covering all its costs.

The formula to calculate net income is:

Using the numbers from the table above:

Understanding the income statement is key to analyzing a company’s profitability and making smart financial decisions. It’s also linked to other financial statements like the balance sheet and the cash flow statement, giving you a full picture of a company’s financial performance. For more on how these statements connect, check out our article on linking income statement to balance sheet .

If you’re keen to boost your accounting knowledge or explore accounting courses part-time , we’ve got plenty of resources for you.

The Cash Flow Statement

The cash flow statement is like a financial x-ray, showing where a company’s money is coming from and where it’s going. It’s split into three parts: operating activities, investing activities, and financing activities.

Operating Activities

This part shows the cash made or spent from the company’s main business. It adjusts net income for non-cash items and changes in working capital, giving a clear view of daily cash flow.

Here’s how it breaks down:

• Net Income: The profit from the income statement.
• Depreciation/Amortisation: Non-cash costs added back in.
• Changes in Working Capital: Adjustments for changes in current assets and liabilities.

Investing Activities

This section covers cash spent or received from buying or selling long-term assets like equipment or investments.

Examples include:

• Purchase of Equipment: Money spent on new machinery or tech.
• Sale of Investments: Money earned from selling stocks or other investments.

Financing Activities

This part deals with cash flows from borrowing or repaying money, and transactions with shareholders.

Key points here are:

• Issuance of Shares: Money from selling new shares.
• Repayment of Loans: Money spent paying off debt.
• Dividends Paid: Money given to shareholders.

The cash flow statement ties in with the balance sheet, giving a full picture of a company’s financial health. For more details, check out our resources like accounting 101 book and accounting handbook and study guide .

Knowing how to read each part of the cash flow statement helps you see if a company can generate cash, invest wisely, and stay financially stable. This is key for judging a company’s performance and making smart financial choices. For more info, take a look at our article on accounting balance sheet example .

How Financial Statements Connect

Grasping how the three main financial statements tie together is a must for anyone dabbling in accounting or finance. Let’s break down how the income statement, balance sheet, and cash flow statement are all buddies in the financial world.

Income Statement Meets Balance Sheet

Your net income from the income statement finds its way to the balance sheet as retained earnings in stockholders’ equity. Retained earnings are basically the company’s piggy bank, showing cumulative profits after accounting for dividends.

Here’s a quick example to make it clear:

So, if you made $10,000 in net income, had $50,000 in retained earnings from before, and paid out $2,000 in dividends, you’d end up with $58,000 in retained earnings on the balance sheet.

Cash Flow Adjustments

The cash flow statement is like the referee, making sure everything balances out. It adjusts net income for non-cash expenses and tracks cash coming in and going out, showing how cash changes over time.

For instance, if you buy new equipment, it bumps up the Property, Plant, and Equipment (PP&E) account on the balance sheet but doesn’t show up on the income statement directly.

Here’s a table to show how different activities link the statements:

Knowing these connections helps you see the big picture of a company’s financial health. For more on financial ratios and evaluating company performance, check out our section on practical applications.

Practical Applications

Getting the hang of the accounting 3 statements is a game-changer for anyone diving into accounting and finance. Let’s break down how to use financial ratios and assess company performance with these key statements.

Using Financial Ratios

Financial ratios are like the Swiss Army knife for analysts. They help you gauge a company’s performance, efficiency, and financial health. These ratios come from the three main financial statements: the balance sheet, income statement, and cash flow statement. Here are some must-know ratios:

Asset Turnover

Asset turnover tells you how well a company uses its assets to make sales. Here’s the formula:

[ \text{Asset Turnover} = \frac{\text{Net Sales}}{\text{Average Total Assets}} ]

Gross Margin

Gross margin shows the percentage of revenue left after covering the cost of goods sold (COGS). The formula is:

[ \text{Gross Margin} = \frac{\text{Net Sales} – \text{COGS}}{\text{Net Sales}} \times 100 ]

Operating Margin

Operating margin reveals what percentage of revenue remains after paying for production costs like wages and raw materials. Here’s how you calculate it:

[ \text{Operating Margin} = \frac{\text{Operating Income}}{\text{Net Sales}} \times 100 ]

These ratios give you a peek into different parts of a company’s operations and are crucial for solid financial analysis ( Investopedia ).

Assessing Company Performance

To really get a handle on a company’s performance, you need to look at how the financial statements connect to see its profitability, efficiency, and financial stability. Here’s the lowdown:

Profitability

The income statement is your go-to for checking profitability. It shows how well the company generates revenue and controls expenses. Key figures to watch are gross profit, operating profit, and net income. Ratios like gross margin and operating margin give you a clearer picture of profitability.

Efficiency is all about how well a company uses its assets and manages its liabilities. The balance sheet is your best friend here. Ratios like asset turnover and inventory turnover are super helpful. For example, a high asset turnover ratio means the company is good at using its assets to make sales.

Financial Stability

To check financial stability, look at the balance sheet and cash flow statement. Important metrics include the debt-to-equity ratio, current ratio, and cash flow from operating activities. A low debt-to-equity ratio means a healthy capital structure, and positive cash flow from operations shows good liquidity.

For more detailed guides and examples, check out our accounting notebook and accounting 101 pdf .

By using these practical tips, you can get a solid understanding of a company’s financial health and make smart decisions. For more learning, dive into our accounting courses part time and accounting videos .

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Accountancy personal statement example.

The way I think of accounting is that it is a fundamental part of our way of life.

This is because I believe that every person in the world uses the principle of accounting at least once in their lives. It can be things that they do in their daily life, for example, checking how much money they have with them, or how much they have spent; or they use it in businesses and large-scale transactions where it is commonly known.

I am currently studying A-Level Accounts and as I developed an interest in it, I would like to continue studying this subject at university.

I also chose A-Level Business Studies and A-Level Economics because I feel that these subjects complement each other. I also felt that, during revision, it helped me prepare for all my exams.

Business Studies has given me a real insight on how the business world operates and what you need to do to succeed in business. However, Economics has taught me how to analyse and interpret economic data. It made me also develop theories about how people, the companies they run and the economy they live in, behave.

My interest in Accountancy started at an early age. I began part-time work as a sales assistant at Prince Pharmacy two years ago, where I also participated in collecting and processing invoices.

Recently, I've started to work as a part-time receptionist for Al-Hasan Foundation, a charity which helps poor people to receive eye treatment in Iraq.

During my work experience at these two jobs, I developed skills such as sense of responsibility, good teamwork and communication with people and strong leadership.

My main ambition for the future is to become a Chartered Accountant after I finish my degree at university. I am hoping university will provide me with an insight of the accounting world as well as offering me a wide range of choices and connections after my course.

My social life involves myself going out with friends regularly playing football and also tennis, swimming and cricket.

My love for cricket was rewarded when I was part of the successful cricket team of my secondary school, where we finished second in the Under 13's Brent Schools' Cricket Association Tournament.

I'm a keen follower of football and an avid fan of Liverpool Football Club and part of the local branch of their supporters club. I also try to keep up with the world of technology by reading magazines and a number of newspapers.

I actively participate in organizing youth activities such as football tournaments and trips to raise money for well-needy charities. One of these trips included a trip to Najaf (Iraq) to familiarize ourselves with their living standards and to assist in various projects there.

To conclude, I assure you that if given the opportunity, I will prove myself a capable and dedicated student.

I know that I have the right amount of interest in Accountancy as a subject and the potential for success in order to achieve what I want.

Finally, I believe that I have the commitment and the determination to complete this course successfully and fulfill my ambition to become a Chartered Accountant.

Profile info

This personal statement was written by hadialhakim for application in 2008.

Related Personal Statements

Sun, 25/11/2007 - 20:18

I think it was good, i really belived you had a real passion for accounting. I hope you achieve your goals in life........xx

really helped me with mine!!

Wed, 28/11/2007 - 22:30

Mon, 03/12/2007 - 20:30

Fri, 11/01/2008 - 00:08

This statement shows true dedication and determination. well done

Mon, 14/01/2008 - 11:20

very good statement mashallah!!

simple and straight forward..

Fri, 13/06/2008 - 00:53

simple and straight forward.. gd statement

this is very good beta keep

Mon, 07/07/2008 - 13:48

this is very good beta keep it up, im just trying to get some ideas for my sons personal statement. jeethee raho!

yh dud i think dat is a

Thu, 11/09/2008 - 14:56

yh dud i think dat is a really goog p/s well don man

I THINK ITS AN INSPIRATION!

Fri, 12/09/2008 - 19:30

im sorry its boring

Thu, 18/09/2008 - 13:53

really good an you support

Fri, 26/09/2008 - 12:20

really good an you support liverpool. it helped me

Mon, 29/09/2008 - 14:50

Really, it's a great personal statement and I'm sure it has impressed the universities which u have applied for.

what universities did u apply

Thu, 02/10/2008 - 11:06

what universities did u apply for with this statement and if you don't mind which ones did u get accepted to.

very helpful,thnx =]

Tue, 21/10/2008 - 14:28

Mines better.That's why im in

Wed, 22/10/2008 - 18:18

Mines better.That's why im in Oxford. ;P

wikid statement! wel dun! :D

Thu, 23/10/2008 - 20:28

Good one, simple, straight

Thu, 30/10/2008 - 07:20

Good one, simple, straight forward, that's what an accountant should be.

sensational

Tue, 11/11/2008 - 11:45

Fri, 09/01/2009 - 15:24

it is just ok

Thu, 26/11/2009 - 20:49

wow what an amazing personal statement ^_^ you have so much experience. thank you for sharing it...it helped me a lot! :)

i really liked your personal

Thu, 27/10/2011 - 01:51

i really liked your personal statement..it helped me alot with mine really impressive

You used "I" too much darling ;)

Sat, 29/10/2011 - 15:58

sorry i found your statement

Wed, 02/11/2011 - 20:01

sorry i found your statement VERY boring!!!

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