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Please write a brief essay on the following subjects concerning you and your intended field of study:

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We are particularly interested in any projects that you pursued with a faculty member who is writing a recommendation letter for you.

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Finance Department | PhD Program

Phd program.

Our faculty, ranked #1 worldwide based on publications in top finance journals (ASU Finance Rankings), consists of more than 30 researchers who study all major areas of finance, making it one of the largest finance faculty in the country. Stern’s finance faculty is highly rated in terms of research output, and faculty members sit on the editorial boards of all major finance journals.

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The finance department offers an exceptionally large range of courses devoted exclusively to PhD students. Apart from core PhD courses in asset pricing and corporate finance, students can choose from a range of electives such as household finance, macro-finance, and financial intermediation. PhD students also enjoy the benefits of Stern’s economics department, NYU’s economics department in the Graduate School of Arts and Science (GSAS), and the Courant Institute of Mathematics.

Graduates of Stern’s Finance PhD program have been placed at leading research institutions such as Harvard, MIT, Chicago, Stanford, Wharton, Yale, and UCLA.

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Writing the Statement of Purpose

The statement of purpose should convince the admissions committee that your achievements show promise for your success in graduate study. Think of the statement of purpose as a composition with four different parts.

Make sure to check on the appropriate departmental website to find out if your statement should include additional or specific information.

Part 1: Introduce yourself, your interests and motivations

Tell them what you’re interested in, and perhaps, what sparked your desire for graduate study. This should be short and to the point; don’t spend a great deal of time on autobiography.

Part 2: Summarize your undergraduate and previous graduate career

a) Research you conducted. Indicate with whom, the title of the project, what your responsibilities were, and the outcome. Write technically, or in the style of your discipline. Faculty are the people who read these statements.

b) Important paper or thesis project you completed, as well as anything scholarly beyond your curricular requirements.

c) Work experience, especially if you had any kind of responsibility for testing, designing, researching or interning in an area similar to what you wish to study in graduate school.

Part 3: Discuss the relevance of your recent and current activities

If you graduated and worked prior to returning to graduate school, indicate what you’ve been doing: company or non-profit, your work/design team, responsibilities, what you learned. You can also indicate here how this helped you focus your graduate studies.

Part 4: Elaborate on your academic interests

Here you indicate what you would like to study in graduate school in enough detail to convince the faculty that you understand the scope of research in their discipline, and are engaged with current research themes.

a) Indicate the area of your interests. Ideally, pose a question, define a problem, or indicate a theme that you would like to address, and questions that arise from contemporary research. This should be an ample paragraph!

b) Look on the web for information about departments you’re interested in, including professors and their research. Are there professors whose research interests parallel yours? If so, indicate this. Check the specific program; many may require you to name a professor or professors with whom you might work.

c) End your statement in a positive manner, indicating your excitement and readiness for the challenges ahead of you.

Essential Tips

1. What the admissions committee will read between the lines: self-motivation, competence, potential as a graduate student.

2. Emphasize everything from a positive perspective and write in an active, not a passive voice.

3. Demonstrate everything by example; don’t say directly that you’re a persistent person, show it.

4. If there is something important that happened to you that affected your grades, such as poverty, illness, or excessive work, state it. Write it affirmatively, showing your perseverance despite obstacles. You can elaborate more in your personal statement.

5. Make sure everything is linked with continuity and focus.

6. Unless the specific program says otherwise, be concise; an ideal essay should say everything it needs to with brevity. Approximately 500 to 1000 well-selected words (1-2 single space pages in 12 point font) is better than more words with less clarity and poor organization.

Northeastern University Graduate Programs

How to Write a Statement of Purpose for Graduate School

How to Write a Statement of Purpose for Graduate School

Congrats! You’ve chosen a graduate program , read up on tips for applying to grad school , and even wrote a focused grad school resumé . But if you’re like many students, you’ve left the most daunting part of the application process for last—writing a statement of purpose. The good news is, the task doesn’t have to feel so overwhelming, as long as you break the process down into simple, actionable steps. Below, learn how to write a strong, unique statement of purpose that will impress admissions committees and increase your chances of getting into your dream school.

What is a statement of purpose?

A statement of purpose (SOP), sometimes referred to as a personal statement, is a critical piece of a graduate school application that tells admissions committees who you are, what your academic and professional interests are, and how you’ll add value to the graduate program you’re applying to.

Jared Pierce, associate director of enrollment services at Northeastern University, says a strong statement of purpose can be the deciding factor in a graduate student’s admission.  

“Your statement of purpose is where you tell your story about who you are and why you deserve to be a part of the [university’s] community. It gives the admissions committee the chance to get to know you and understand how you’ll add value to the classroom,” he says.

How long should a statement of purpose be?

“A statement of purpose should be between 500 and 1,000 words,” Pierce says, noting that it should typically not exceed a single page. He advises that students use a traditional font at a readable size (11- or 12-pt) and leave enough whitespace in the margins to make the statement easy-to-read. Make sure to double-space the statement if the university has requested it, he adds. 

Interested in learning more about Northeastern’s graduate programs?

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How to Write a Statement of Purpose: A Step-by-Step Guide

Now that you understand how to format a statement of purpose, you can begin drafting your own. Getting started can feel daunting, but Pierce suggests making the process more manageable by breaking down the writing process into four easy steps.

1. Brainstorm your ideas.

First, he says, try to reframe the task at hand and get excited for the opportunity to write your statement of purpose. He explains:

“Throughout the application process, you’re afforded few opportunities to address the committee directly. Here is your chance to truly speak directly to them. Each student arrives at this process with a unique story, including prior jobs, volunteer experience, or undergraduate studies. Think about what makes you you and start outlining.”

When writing your statement of purpose, he suggests asking yourself these key questions:

  • Why do I want this degree?
  • What are my expectations for this degree?
  • What courses or program features excite me the most?
  • Where do I want this degree to take me, professionally and personally?
  • How will my unique professional and personal experiences add value to the program?

Jot these responses down to get your initial thoughts on paper. This will act as your starting point that you’ll use to create an outline and your first draft.

2. Develop an outline.

Next, you’ll want to take the ideas that you’ve identified during the brainstorming process and plug them into an outline that will guide your writing. 

An effective outline for your statement of purpose might look something like this:

  • An attention-grabbing hook
  • A brief introduction of yourself and your background as it relates to your motivation behind applying to graduate school 
  • Your professional goals as they relate to the program you’re applying to
  • Why you’re interested in the specific school and what you can bring to the table
  • A brief summary of the information presented in the body that emphasizes your qualifications and compatibility with the school

An outline like the one above will give you a roadmap to follow so that your statement of purpose is well-organized and concise. 

3. Write the first draft.

Your statement of purpose should communicate who you are and why you are interested in a particular program, but it also needs to be positioned in a way that differentiates you from other applicants. 

Admissions professionals already have your transcripts, resumé, and test scores; the statement of purpose is your chance to tell your story in your own words.

When you begin drafting content, make sure to:

  • Provide insight into what drives you , whether that’s professional advancement, personal growth, or both.
  • Demonstrate your interest in the school by addressing the unique features of the program that interest you most. For Northeastern, he says, maybe it’s experiential learning; you’re excited to tackle real-world projects in your desired industry. Or perhaps it’s learning from faculty who are experts in your field of study.
  • Be yourself. It helps to keep your audience in mind while writing, but don’t forget to let your personality shine through. It’s important to be authentic when writing your statement to show the admissions committee who you are and why your unique perspective will add value to the program.

4. Edit and refine your work.

Before you submit your statement of purpose:

  • Make sure you’ve followed all directions thoroughly , including requirements about margins, spacing, and font size.
  • Proofread carefully for grammar, spelling, and punctuation.
  • Remember that a statement of purpose should be between 500 and 1,000 words. If you’ve written far more than this, read through your statement again and edit for clarity and conciseness. Less is often more; articulate your main points strongly and get rid of any “clutter.”
  • Walk away and come back later with a fresh set of eyes. Sometimes your best ideas come when you’re not sitting and staring at your computer.
  • Ask someone you trust to read your statement before you submit it.

Making a Lasting Impression

Your statement of purpose can leave a lasting impression if done well, Pierce says. It provides you with the opportunity to highlight your unique background and skills so that admissions professionals understand why you’re the ideal candidate for the program that you’re applying to. If nothing else, stay focused on what you uniquely bring to the classroom, the program, and the campus community. If you do that, you’ll excel.

To learn more tricks and tips for submitting an impressive graduate school application, explore our related Grad School Success articles .

Editor’s note: This article was originally published in March 2017. It has since been updated for thoroughness and accuracy.

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  • Statement of Purpose, Personal Statement, and Writing Sample

Details about submitting a statement of purpose, personal statement, and a writing sample as part of your degree program application

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Statement of Purpose 

The statement of purpose is very important to programs when deciding whether to admit a candidate. Your statement should be focused, informative, and convey your research interests and qualifications. You should describe your reasons and motivations for pursuing a graduate degree in your chosen degree program, noting the experiences that shaped your research ambitions, indicating briefly your career objectives, and concisely stating your past work in your intended field of study and in related fields. Your degree program of interest may have specific guidance or requirements for the statement of purpose, so be sure to review the degree program page for more information. Unless otherwise noted, your statement should not exceed 1,000 words. 

Personal Statement

A core part of the Harvard Griffin GSAS mission is to identify and attract the most promising students to form a dynamic and diverse community. We are committed to educating individuals who reflect the growing diversity of perspectives and life experiences represented in society today and who will contribute to our commitment to sustain a welcoming, supportive, and inclusive environment. Please share how your experiences or activities will advance our mission and commitment. Your statement should be no longer than 500 words.

Writing Sample 

Please visit Degree Programs and navigate to your degree program of interest to determine if a writing sample is required. When preparing your writing sample, be sure to follow program requirements, which may include format, topic, or length. 

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Statement of Purpose Guidelines

Each graduate programs (on campus and online) uses the same Statement of Purpose template.

Respond to the following:

  • Summarize your career goals and how the degree program (Accelerated M.S., M.S. Non-Thesis, M.S., or Ph.D.) would help you attain those goals.
  • We strive to admit students whose academic interests and professional goals may be advanced by our current graduate faculty ; we encourage you to review their bios.
  • These may include, but are not limited to, your academic training, research and/or publication experiences, professional experience, volunteer activities, etc.
  • Briefly describe how you became aware of our graduate programs.
  • Is there anything else you would like our faculty to know when evaluating your application?

Statement of Purpose Template

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Eller College of Management | Home

Finance PhD Admissions

Our goal in admissions is to work closely with you to ensure your application process is personal, simple and successful..

The next application deadline is January 15, 2024  for Fall 2024 admission consideration for all applicants, international and domestic. 

We look for students who bring quantitative strengths, a passion for finance, and the ability to be successful in a specialized doctoral program.

The PhD in Management with a Major in Finance offered by The University of Arizona is designed to lead to a career of scholarly research and teaching in finance. Finance is a growing and exciting area, with a myriad of opportunities for research.

Application Strengths

  • An academic background demonstrating strong intellectual capacity
  • Clear research goals in finance academics
  • References that support your study, quantitative and research skills
  • Strong GMAT results-both quantitative and verbal
  • Solid English communication skills

Application Package Requirements

To expedite the processing of your application follow these instructions carefully. All information must be received for an application to be considered complete.

All applicants should add email.arizona.edu, eller.arizona.edu and grad.arizona.edu to their authorized email sites to avoid important mail regarding the application to be tagged as junk mail.

Requirements

You must meet the minimum entrance requirements to apply for the PhD-Finance program.

  • Minimum GMAT: 650 (must be current)
  • Minimum GPA: 3.50
  • International students (whether currently studying in the U.S. or internationally) must satisfy the English speaking proficiency requirement by submitting a TOEFL iBT speaking section score of 24 or better. 
  • Complete online application packet with materials as detailed below

Apply to the UA Graduate College

  • Apply Online
  • Application Fee  (paid with application)

Full instructions and requirements are included in the online application.

Online Application Package Requirements

  • Affidavit of Domicile  (Arizona residents complete with application)
  • Proof of Financial Resources  (international students)

Statement of Purpose

  • 3 Letters of Reference: Names and contact information
  • Transcripts from all colleges/universities, except UA
  • GMAT  (School Code 4832)
  • TOEFL  (international students only; School Code 4832)

Submitting Official Transcripts

In addition to completing this online application, you are required to send Official Transcripts from all institutions directly to the Finance Department at:

Finance PhD Program Department of Finance The University of Arizona McClelland Hall, Room 315R  1130 E. Helen Street Tucson , AZ 85721-0108

The statement of Purpose is your chance to describe your academic and professional goals in Finance. It is your personal expression of what has led you to desire to attend the program and can include life and academic experiences.

As you write your statement, ask yourself, "Would I likely admit this person to graduate school?" Statements are generally two or three typed, double-spaced pages and can be addressed to the Finance Department Admissions Committee.

In the opening statement, describe generally why you are applying to the program.

In the main body of the statement, describe your experiences and how they are a foundation for your work in the doctoral program in Finance, how your interest in finance developed, and your undergraduate and graduate studies relate to the PhD program. Any academic achievements or specific learning experiences that demonstrate your interest in doctoral level of study and research of finance should be developed.

Your Statement will ideally illustrate your initiative and ability to develop ideas, the capacity to work through problems and develop research independently, and the determination to achieve your goals. You should clearly and honestly convey that you are qualified and motivated. Describe why you will be successful in the PhD in Finance program, in the coursework, with research and your dissertation, and in working with the faculty in the department.

In closing, briefly summarize why you believe you possess the experience and skills to be admitted to the program.

UA Graduate College

The UA Graduate College website includes all of the information you should need to know as a prospective graduate student at The University of Arizona. There are two information packages provided:

  • Domestic Student Information (U.S. Citizens and Permanent Residents)
  • International Student Information (International Applicants)

Funding Your Education

Assistantships, Tuition, and Fee Waivers

Currently, if receiving full funding, Finance PhD students receive waivers of non-resident tuition, funding to cover resident registration (except miscellaneous University fees of about $650-1000 per semester) and a stipend of just over $29,400 for acting as a graduate teaching assistant (GTA) under the direction of a faculty member. As a GTA, individual health insurance coverage is provided by the University. 

PhD students receiving funding are assigned to work with a faculty member during the year. About two-thirds assist with research and the other third assist with teaching and research.

Summer Funds

After the first year of coursework, most students supplement the assistantship stipend by teaching one course in a summer session. This gives students invaluable experience in teaching prior to the job search and additional salary (just over $2,600 per class for a summer semester 3-credit course).

Financial Aid

Visit the University of Arizona financial aid website . 

Chris Blattman

Phd applicants: writing your statement of purpose.

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  • January 11, 2022

I’ve read a lot of personal statements for PhD applications. I sat on admissions at UChicago, Columbia, and Yale, mostly in economics, political science, and public policy. Here’s the advice I’ve given my own students and research assistants to craft their statements. I give it because, sadly, I don’t find most statements helpful. This means they are not helping you, the applicant.

As with all my advice posts, it’s important that students outside elite colleges get this information, so here are some personal thoughts.

[Note: You can now subscribe by email to receive posts to your inbox.]

First, let’s clarify your number one job as an applicant: Send the best, clearest signal of your abilities as a future researcher, and minimize the noise around that signal. I explain why in a longer post on whether and how you should apply to PhD programs (including the other elements of an application packet):

the fundamental problems in graduate admissions are “information overload” and “noise”. For every slot in a PhD program, there are probably 30 to 50 applicants. A department that plans to have a class of 20 students may receive 1000 applications. Meanwhile, most departments delegate admissions to a small committee of two to six faculty. They don’t have time to read 1000 applications in detail. And the committee may change every year. Thus, their experience may be limited. And you never know who will be on the committee or what they care about. This adds further randomness. These faculty want to admit the most talented and creative young researchers who will push the field ahead. And they also want you to pass all the most technical classes, because they hate kicking students out. So the admissions committee are looking for strong signals of intelligence, creativity, determination, and other proclivities for research. But this is hard . There are too many applications. Applicants don’t have many good ways to signal quality. All applicants are trying to send the same signals. And there is a ton of uncertainty around each signal. Hence: Information overload and noise.

Yet most schools as for a written statement of some kind. Sometimes they ask for both a biographical statement and a research statement. What do they want and what should you write?

  • Don’t tell your life story. This statement is not an undergrad entry essay where you describe your life’s trials and tribulations, or your journey to wanting to do a PhD. It’s not that we don’t care. It’s just that it’s probably not relevant to judging your ability as a researcher. If it is, then weave that into the narrative around your research interests and plans. We have hundreds of these things to read and so you only want to focus on the most important information.
  • Don’t be cliché. Do not start your with your epiphany—the day the scales fell from your eyes and you realized you wanted to be a professor, or were inspired tackle big questions and social issues. Especially if it involves a child in a poor country. This approach is overused and unoriginal, and the information does not help us judge whether you will be a great researcher (see point 1).
  • Platitudes about wanting to be a professor or researcher
  • Generic or flattering statements about being excited to join a program, your admiration for the faculty, etc.
  • Unspecific interests in a research subject or field
  • Routine information such as “I am graduating in May…”
  • Filler sentences like “Please find enclosed…”
  • Start with your broad fields of interest (e.g. “I am principally interested in labor and development economics” or “I want to work at the intersection of comparative politics and international relations”)
  • Then give 2-3 examples of broad topics and questions that interest you. (“I’m interested in studying inefficiencies in labor markets, especially market power and monopsony. I’m also interested in…”)
  • Are tenure or tenure-track faculty
  • Have their primary appointment in the department you are applying to
  • Are actually there and take students (i.e. they didn’t retire last year, etc.)
  • You could discuss two ideas in moderate depth, or one idea in greater depth. Either way, I recommend this research discussion be 40-60% of your entire statement.
  • Ideally this is a question or topic of current interest in the field. One thing I often see is that students are focussed on the research frontier 10 years ago (because those are the papers they read in their classes) and are not clued in to some of the current puzzled and priorities. This is hard to avoid, but some reading and your advisors should be able to help you avoid this.
  • The best discussions will (if empirical) identify interesting data and discuss plausible empirical strategies. This is difficult, which is why it is a good signal if you do it well.
  • It’s important to locate your question in the literature without overdoing that discussion. Try to motivate the question with reference to recent and recognizable research papers and agendas. If you are mainly citing articles with few citations, in lower-ranked journals, this is a sign that you need to link your idea to bigger debates in the field, or perhaps rethink the question you are proposing.
  • This is (in my experience) the most crucial section for most social science departments. Except possibly economics. It’s not clear how seriously many departments take your statement in economics, and some of my colleagues profess to never look at the statement. That may be true, but some will look, and you have to have a statement, so I suggest following this advice to make it a research proposal.
  • Why you studied physics but now are doing political science
  • What happened in that single bad semester on your transcript
  • How to interpret your foreign GPA, and where you ranked in your class
  • Clarify your classes if they have off names (e.g. “My class called XX was a Real Analysis class using textbook X, and so I have all the mathematical requirements for entry.”
  • Get help. Your letter writers, professors you work for, or PhD student you know can read and give feedback on your statements. Ask them for their advice. Do this early–a couple months before the application, ideally. they can help you frame your question in a more interesting way, decide what papers to mention, or what is or is not frontier.
  • Don’t be repetitive. This is not the place to restate your CV (“First I worked for Professor… and then I worked for…”). They have your CV. Use this document to do something no other in your application can do. Only mention work or other experience if you can add essential, high-density information the reader cannot get elsewhere in the application packet. Maybe you picked up specific technical skills working on a project that relate to the research proposal you just described? If not, you don’t have to say anything at all about your past. Just let the research proposal speak for itself.
  • I recommend using the Hemingway Editor as a tool to write more clearly. Some long and complex sentences are ok, but sparingly. And they can often be improved. Aim for a grade 10 reading level.
  • Use active voice
  • Omit needless material and words (see points 3 and 9)
  • Limit jargon
  • Each paragraph should be a distinct idea
  • Paragraphs should have a hierarchical structure, with the big idea or general point as the first topic sentence, and the rest of the paragraph elaborates. Someone should be able to get an “executive summary” but simply reading the first line in every paragraph. they should make sense as a story/summary.
  • Use subheadings if possible, to delineate sections such as your broad fields of interest (point 4), your research proposal (point 5), and other key information (point 6)

This is just my view. Other professors will have different preferences and advice here. So ask them. Get more opinions. Or put your advice in the comments below.

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Statement of purpose (SOP) for PhD: How to Write and Samples

finance phd sop

Securing admission to PhD programs in the university of your dreams might seem difficult—however, it is not impossible. If you can convince the selection committee of your dedication and genuine interest in your research topic, you stand a fair chance of getting that seat. The key to your admission lies in a well-crafted and compelling statement of purpose that will sway the decision-makers in your favour. 

A statement of purpose is your chance to prove to the admissions committee that you have the potential and skills as a researcher. If you are hoping to pursue a PhD, you must put in the time and effort to craft an impressive SOP. This blog will help you understand how to write an interesting yet concise SOP with examples. 

Table of Contents

  • How to Write a Statement of Purpose (SOP) for a PhD

General Examples of Statement of Purpose for PhD

  • 10 Steps to writing an SOP for a PhD course

How to Write a Statement of Purpose (SOP) for a PhD Course?

Your statement of purpose for PhD must express your sincere interest in the subject matter. The following 10 tips will help you to draft an impactful SOP:

10 Steps to writing an SOP for a PhD course 

  • Introduce yourself:

The whole purpose of the essay is to show the university who you are and your goals. It is better to get straight to the point and explain what inspired you to take up research in your particular field of study. Even if you do not have full clarity on your research topic, you can talk about what you are interested in exploring. Make sure you explain your field learning and what made you take up the specific topic. 

  • Answer the question, "Why":

Next, it's time to answer some questions. Why do you want to obtain this degree? Why did you choose this particular field of study? Why have you chosen this university to pursue your higher education? 

  • Explain how you will be a good fit: 

It would help if you answered why you think you will be a good fit for the program and why they should consider you a potential candidate. For this, you should have a relatively strong knowledge of the program to express how your interests align with it. 

  • Express your intellectual curiosity:

You can discuss what excites you about the program and your chosen field of study. Explain why you enjoy doing research and ensure to substantiate your claims with relevant examples.

  • Demonstrate your skillset and experience 

In this section, you can highlight any previous experience you have in doing research and explain briefly about it. You can also describe the skills that you think might be relevant. For instance, you can mention your skills in programming languages like C++ and Python if you are doing research in the field of Computer Science. Make sure to mention the recognitions you have received for the skills. 

  • Mention work experience, if any 

If you have any relevant work experience, be sure to mention it in your Statement of Purpose for PhD. However, only emphasise this experience if it is directly related to your proposed research.

  • Be open about any past setbacks: 

If you have any "black marks" on your record, such as poor grades, leaving a college program or any other issues, it is strongly advised that you do not try to hide these from the admissions committee. Instead, address them head-on in your letter. Showing how you successfully rebounded from setbacks will bode well for you.

  • Short and long-term goals:

It's always good to give a brief of your short-term and long-term goals and how this degree will assist you in achieving them. It is also essential to consider any future research areas you may want to explore and how they could potentially impact the community. Your vision for your career 10-15 years from now is a crucial indicator of your thought process and how you plan to integrate your degree into your life.

  • Edit and proofread several times: 

To avoid your essays having any typos, poor grammar or other mistakes that could have easily been fixed, ensure that you always edit and proofread your work. A well-written essay is a sign of a competent researcher.

  • Circulate your statement:

Asking your recommendation writers to review your college application essays is a great way to get feedback. It will also help ensure that what they write is consistent with your thoughts and experiences. If you have drafts of your essay completed early enough, don't hesitate to ask for their input. Most faculty members are more than willing to help their former students, given adequate notice.

Read more:  How to write an effective statement of purpose?

If you are looking for PhD SOP samples, it is essential to remember that there is a specific way to provide all of your relevant information to the institutions. It is crucial to keep your statement concise but informative. Here are two samples to help you give an idea.

PhD SOP Sample 1

I've always been interested in how physics can explain the things we see and experience in our everyday lives and phenomena beyond our usual perception. My childhood fascination with Physics led me to choose my college major and, ultimately, my career path. 

My interest in complex phenomena only grew during my studies. I am passionate about understanding the impacts of radioactive waste on our world. I pursued an interdisciplinary degree in Physics and Environmental Science to develop the skills needed to become a researcher in this field. My goal is to find effective methods for reducing the harmful effects of radioactive waste on our environment.

After completing my degree, I gained valuable work experience at an Environmental Protection Agency, where my responsibilities included examining sites for radioactive leakage and measuring the damage. This experience motivated me to pursue a PhD in Physics so I could find ways to control such situations. I want to be equipped with the necessary knowledge that will allow me to conduct meaningful research and find effective ways of managing radioactive waste.

The University of Essex is my top choice for several reasons. First and foremost, it has an excellent reputation. Secondly, the opportunities and mentorship available for the particular subject are incomparable. And finally, I know that I would be able to make a meaningful contribution to the community here. I am confident that my practical experience and strong motivation will be significant assets as I pursue my studies and career.

PhD SOP Sample 2

My parents are farmers, and I grew up helping them with crop production and food preparation. I was always curious about the scientific basis for farming, canning, and cooking methods, which led me to major in nutrition and food science. I want to understand the science behind what my family has been doing for generations and use that knowledge to improve our food habits. 

I completed my undergraduate studies in biotechnology and then went on to do a master's in food technology. For my dissertation, I chose the topic of "XXX", which was of great interest to me. My training at XYZ gave me insight into industrial-level operations concerning nutrition, microbiology and contaminants in the food industry.

Whilst doing my master's, I became particularly interested in food safety and quality assurance, as well as post-harvest technology of fruits and vegetables, food processing and bioprocess engineering. I did a little project on "ABC" and wrote my dissertation on "XYZ". Through working in various laboratories across the country during my studies, I gained experience with multiple techniques used in food preservation.

I am passionate about researching food commodities, fruits and vegetables, and their wastage to synthesise nutritional and bioactive components and convert them into functional foods. I believe that food safety is of the utmost importance, and I hope to learn more about this topic through this doctoral program.

There are numerous reasons for choosing Southern Cross University, and one of the main reasons is your highly competent faculty. The research work done by Prof. ABC on Fruits and Vegetables sparked my interest. I am interested in researching independently and working collaboratively with a team on projects that directly impact smaller communities and society as a whole. I am sure that Southern Cross University will help me achieve my goals and better serve society. I promise you won't find me lagging in my quest or effort, and I pledge to do my best in all the assigned tasks.

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Gre prep online guides and tips, 7 successful statement of purpose examples.

finance phd sop

Not sure what graduate schools are looking for in a statement of purpose? Looking at successful graduate school statement of purpose samples can help! In this guide, we’ll orient you to what makes a great statement of purpose or letter of intent for graduate school. Then we’ll provide you with four successful statement of purpose examples from our graduate school experts. We’ll also provide analysis of what makes them successful. Finally, we’ll direct you to even more helpful examples that you can find online!

The Graduate School Statement of Purpose: An Overview

A statement of purpose (also called a letter of intent or a research statement) introduces your interests and experience to the admissions committee. For research-focused programs, like most PhDs and many master’s degrees, your statement of purpose will focus primarily on your past research experience and plans. For more professionally-focused graduate programs, your statement of purpose will primarily discuss how your pursuit of this professional program relates to your past experiences, and how you will use the skills from the program in your future career.

A statement of purpose for grad school is also where you sell the admissions committee on why you belong in their program specifically. Why do you fit there, and how does what they offer fit your interests?

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What’s in a Great Grad School Statement of Purpose?

Here are the essential elements of a strong graduate school statement of purpose:

Clear Articulation of Goals and Interests

A strong statement of purpose will clearly and specifically lay out your goals in undertaking the program and what you hope to accomplish with the degree. Again, for a research-focused program, this will focus primarily on the research project(s) you want to undertake while you are there. For a more professional program, discuss what interests you within the professional field and what skills/knowledge you hope to gain through the program.

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You should be as specific as possible in discussing what interests you. Use examples of particular phenomena, tools, or situations that you find exciting. If you are vague or say that everything in the field interests you, you run the risk of seeming unfocused or not actually that passionate.

Don’t worry that being too specific will box you into a particular research area or subfield during your entire tenure in graduate school. Your program understands that interests change—they won’t be pulling out your research statement to cross-reference with your dissertation proposal!

Evidence of Past Experience and Success

A great graduate school statement of purpose will also show programs that you have already been successful. They want applicants that will be able to follow through on their research/professional plans!

To this end, you’ll need to provide evidence of how your background qualifies you to pursue this program and your specific interests in the field. You’ll probably discuss your undergraduate studies and any professional experience you have. But be sure to draw on specific, vivid examples.  You might draw on your thesis, major projects you’ve worked on, papers you have written/published, presentations you’ve given, mentors you’ve worked with, and so on. This gives admissions committees concrete evidence that you are qualified to undertake graduate study!

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Interest and Fit With the Program

The third essential ingredient to a great statement of purpose is to clearly lay out why you and the program are a good fit. You should be able to identify both specific reasons why your work fits with the program and why the program suits your work/interests! Are there particular professors you’d like to work with? Does the department have a strong tradition in a certain methodology or theory you’re interested in? Is there a particular facet to the curriculum that you’d like to experience?

Showing that you and the program are a match shows that you chose the program thoughtfully and have genuine interest in it. Programs want to admit students who aren’t just passionate about the field. They want students who are genuinely enthused about their specific program and positioned to get the most out of what they have to offer.

Strong Writing

The final essential piece of a strong statement of purpose or letter of intent is strong writing. Writing skills are important for all graduate programs. You’ll need to demonstrate that you can clearly and effectively communicate your ideas in a way that flows logically. Additionally, you should show that you know how to write in a way that is descriptive but concise. A statement of purpose shouldn’t ever be longer than two pages, even without a hard word limit.

Admissions committees for humanities programs may be a little more focused on writing style than admissions officers for STEM programs. But even in quantitative and science-focused fields, written communication skills are an essential part of graduate school. So a strong statement of purpose will always be effectively written. You’ll see this in our statement of purpose for graduate school samples.

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Real, Successful Statement of Purpose Samples

In this section, we’ll present four successful graduate school statement of purpose examples from our graduate school experts, along with a brief commentary on each statement. These statements come from a diverse selection of program types to show you how the core essentials of a statement of purpose can be implemented differently for different fields.

Note: identifying information for these statements have been changed—except for example four, which is my statement.

  • Statement of Purpose Sample One: Japanese Studies MA

Screen Shot 2017-03-13 at 7.31.42 PM

This statement of purpose is notable for its great use of space and its vivid descriptions. The author is able to cram a lot into about a page. She discusses how she came to her two primary research interests (and how they are connected). She integrates this discussion of her interests with information on her past experiences and qualifications for pursuing the course of study. Finally, she includes details on her goals in pursuing the program and components of the program that interest her. Her examples are specific and fleshed-out. There’s a lot very cleverly included in a small amount of page space!

Additionally, the language is very vivid. Phrases like “evocative and visceral” and “steadily unraveling,” are eye-catching and intriguing. They demonstrate that she has the writing skills necessary to pursue both graduate study and her interest in translation.

  • Statement of Purpose Sample Two: Music MM

Screen Shot 2017-03-13 at 7.32.01 PM

This sample is fairly long, although at 12 point Times New Roman it’s under two pages single-spaced. The length of this statement is partially due to the somewhat expansive nature of the prompt, which asks what role music has played in the applicant’s life “to date.” This invites applicants to speak more about experiences further in the past (in the childhood and teen years) than is typical for a statement of purpose. Given that this is for a master’s degree in music, this is logical; musical study is typically something that is undertaken at a fairly young age.

This statement does an excellent job describing the student’s past experiences with music in great detail. The descriptions of the student’s past compositions and experiences performing new music are particularly vivid and intriguing.

This statement also lays out and elaborates on specific goals the student hopes to pursue through the program, as well as features particular to the program that interest the student (like particular professors).

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  • Statement of Purpose Sample Three: Economics PhD

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One of the first things you’ll likely notice about this statement is that it’s a little on the longer side. However, at 12 point Times New Roman font and single-spaced, it still comes in under 2 pages (excluding references). It makes sense for a PhD statement of purpose sample to be longer than a master’s degree statement of purpose—there’s more to lay out in terms of research interests!

The writing style is fairly straightforward—there’s definitely a stronger focus on delivering content than flashy writing style. As Economics is a more quantitative-focused field, this is fine. But the writing is still well-organized, clear, and error-free.

The writer also gives numerous examples of their past work and experience, and shows off their knowledge of the field through references, which is a nice touch.

  • Statement of Purpose Sample Four: History of the Book MA

Screen Shot 2017-03-13 at 7.32.39 PM

This is actually my statement of purpose. It was for a program that I got accepted to but did not end up attending, for a Master’s in the History of the Book. You’ll notice that the two essay prompts essentially asked us to split our statement of purpose into two parts: the first prompt asked about our research interests and goals, and the second prompt asked about our relevant experience and qualifications.

I’ll keep my comments on this graduate school statement of purpose sample brief because I’ll do a deep dive on it in the next section. But looking back at my statement of purpose, I do a good job outlining what within the field interests me and clearly laying out how my past experiences have qualified me for the program.

Obviously this statement did its job, since I was accepted to the program. However, if I were to improve this statement, I’d change the cliche beginning  (“since I was a child”) and provide more specificity in what about the program interested me.

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Deep Dive Analysis of a Sample Statement of Purpose for Graduate School

Next, we’ll do a paragraph by paragraph analysis of my statement, statement of purpose sample four. I’ll analyze its strengths and suggest ways I could shore up any weaknesses to make it even stronger.

Essay 1: Academic Interests

To refresh, here’s the first prompt: Please give a short statement that describes your academic interests, purpose, objectives and motivation in undertaking this postgraduate study. (max 3500 chars – approx. 500 words)

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Paragraph 1

Since I was a child, my favorite thing has always been a book. Not just for the stories and information they contain, although that is a large part of it. Mostly, I have been fascinated by the concept of book as object—a tangible item whose purpose is to relate intangible ideas and images. Bookbindings and jackets, different editions, the marginalia in a used book—all of these things become part of the individual book and its significance, and are worth study and consideration. Books and their equivalent forms—perfect bound, scrolled, stone tablets, papyrus—have long been an essential part of material culture and are also one of our most significant sources of information about the human historical past. Through both the literal object of the book, the words contained thereon, and its relationship to other books—forms of context, text and intertext—we are able to learn and hopefully manage layers of information with which we would otherwise have no familiarity.

First, the good: this paragraph does a good job introducing my academic interest in the book-as-object, and shows off pre-existing knowledge both of the study of material culture and literary theory. Additionally, the language is engaging: the juxtaposition of “tangible” and “intangible” in the beginning and phrases like “perfect bound, scrolled, stone tablets, papyrus” lend life to the writing and keep the reader engaged.

If I were to go back and improve this paragraph, first, I would absolutely change the first sentence to something less cliche than talking about my childhood. I might try something like “My love of books is a multifaceted thing. I don’t only love them for the stories and….” Second, I would chill out on the em dashes a little bit. Three sets in one paragraph is a little excessive. Finally, I might actually cut this paragraph down slightly to make more room word-wise later in the statement to discuss what specific things about the program interest me.

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Paragraph 2

Furthermore, blogs, webcomics, digital archives, e-readers, and even social media sites like tumblr and Facebook have revolutionized the concept of the book by changing how we share and transmit ideas and information, just as the Gutenberg printing press revolutionized the book all those years ago in the fifteenth century. Once again there has been an explosion both in who can send out information and who can receive it.

This paragraph briefly and effectively introduces my other main academic interest: how new technology has changed the concept of the book-as-object. The tie-back to the printing press is a nice touch; it’s a vivid example that shows that I’m aware of important historical moments in book history.

Paragraph 3

I am deeply interested in the preservation of the physical book, as I think it is an important part of human history (not to mention a satisfying sensory experience for the reader). However I am also very concerned with the digitization and organization of information for the modern world such that the book, in all of its forms, stays relevant and easy to access and use. Collections of books, archives, and information as stored in the world’s servers, libraries and museums are essential resources that need to be properly organized and administered to be fully taken advantage of by their audiences. My purpose in applying to the University of Edinburgh’s Material Culture and History of the Book is to gain the skills necessary to keep all forms of the book relevant and functional in an age when information can move more radically than ever before.

This paragraph actually has a focus problem. Since it covers two topics, I should split it into two paragraphs: one on the integration of my two interests, and one on my goals and interests in the program. I could also stand to expand on what features the program has that interest me: professors I’d like to work with, particular aspects of the curriculum, etc.

In spite of these things, however, this paragraph does a good job clearly integrating the two academic interests related to the book I introduced in the first two paragraphs. And the language is still strong —“satisfying sensory experience” is a great phrase. However, I’ve been using the word “information,” a lot; I might try to replace with appropriate synonyms (like “knowledge”) in a couple of places.

Paragraph 4

Additionally, I intend on pursuing a PhD in Library and Information Sciences upon completion of my master’s and I feel that this program while make me uniquely suited to approach library science from a highly academic and interdisciplinary perspective.

This final paragraph offers just quick touch on my future goals beyond the program. It’s typically fine for this to be relatively brief, as it is here, just so long as you can clearly identify some future goals.

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Essay 2: Relevant Experience

The second prompt just asked me to describe my relevant knowledge, training, and skills.

As a folklore and mythology student, I have gained a robust understanding of material culture and how it relates to culture as a whole. I have also learned about the transmission of ideas, information, stories and pieces of lore among and between populations, which is an important component of book history. Folklore is also deeply concerned with questions of the literary vs. oral lore and the tendency for text to “canonize” folklore, and yet text can also question or invert canonized versions; along with this my studies in my focus field of religion and storytelling have been deeply concerned with intertextuality. One of my courses was specifically concerned with the Heian-period Japanese novel The Tale of Genji and questions of translation and representation in post-Heian picture scrolls and also modern translations and manga. In addition to broader cultural questions concerned with gender and spirituality both in historical Japan and now, we considered the relationships between different Genji texts and images.

This is a strong, focused paragraph. I relate my academic background in Folklore and Mythology to my interests in studying the book, as well as showing off some of my knowledge in the area. I also chose and elaborated on a strong example (my class on the Tale of Genji ) of my relevant coursework.

I also have work experience that lends itself to the study of the book. After my freshman year of college I interned at the Chicago History Museum. Though I was in the visitor services department I was exposed to the preservation and archival departments of the museum and worked closely with the education department, which sparked my interest in archival collections and how museums present collection information to the public. After my sophomore year of college and into my junior year, I worked at Harvard’s rare books library, Houghton. At Houghton I prepared curated collections for archival storage. These collections were mostly comprised of the personal papers of noteworthy individuals, categorized into alphabetical folders. This experience made me very process-oriented and helped me to understand how collections come together on a holistic basis.

This paragraph also has a clear focus: my past, relevant work experience. Discussing archival collections and presenting information to the public links the interests discussed in my first statement with my qualifications in my second statement. However, if I were to revise this paragraph, I would add some specific examples of the amazing things I worked on and handled at Houghton Library. In that job, I got to touch Oliver Cromwell’s death mask! An interesting example would make this paragraph really pop even more.

Finally, in my current capacity as an education mentor in Allston, a suburb of Boston, I have learned the value of book history and material culture from an educational perspective. As a mentor who designs curriculum for individual students and small groups, I have learned to highly value clearly organized and useful educational resources such as websites, iPad apps, and books as tools for learning. By managing and organizing collections in a way that makes sense we are making information accessible to those who need it.

This final paragraph discusses my current (at the time) work experience in education and how that ties into my interest in the history of the book. It’s an intriguing connection and also harkens back to my discussion of information availability in the paragraph three of the first statement. Again, if I were to amp up this statement even more, I might include a specific example of a book-based (or book technology-based) project I did with one of my students. I worked on things like bookbinding and making “illuminated manuscripts” with some of my students; those would be interesting examples here.

This statement is split into two parts by virtue of the two-prompt format. However, if I were to integrate all of this information into one unified statement of purpose, I would probably briefly introduce my research interests, go in-depth on my background, then circle back around to speak more about my personal interests and goals and what intrigues me about the program. There’s not really one correct way to structure a statement of purpose just so long as it flows well and paragraphs are structured in a logical way: one topic per paragraph, with a clear topic and concluding sentence.

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More Statement of Purpose Examples

We’ve provided you with four great graduate school statement of purpose examples from our graduate school experts. However, if you’re looking for more, there are other sample letters of intent and statements of purpose for graduate school online. We’ve rounded up the best ones here, along with some strengths and weaknesses about each example.

Majortests Statement of Purpose Sample

This is a fairly straightforward, clearly written statement of purpose sample for a biology program. It includes useful commentary after each paragraph about what this statement of purpose is accomplishing.

  • This statement of purpose sample is well-organized, with clear topic sentences and points made in each paragraph.
  • The student clearly identifies what interests her about the program.
  • The student proactively addresses questions about why she hasn’t gone directly to graduate school, and frames her professional research experience as a positive thing.
  • She gives a tiny bit of color about her personality in a relevant way by discussing her involvement with the Natural History Society.
  • In general, discussing high school interests is too far back in time unless the anecdote is very interesting or unusual. The detail about The Theory of Evolution is intriguing; the information about the high school teacher seems irrelevant. The student should have condensed this paragraph into a sentence or two.
  • While this statement is cogently written and makes the candidate sound competent and well-qualified, it’s not exactly the most scintillating piece of writing out there. Some of the constructions are a little awkward or cliche. For example, the “many people have asked me” sentence followed by “the answer is” is a little bit clunky. This is probably fine for a STEM program. But just be aware that this statement is not a paragon of writing style.

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UC Berkeley History Statement of Purpose Sample

This is a graduate school statement of purpose example from the UC Berkeley History department’s PhD program, with annotations from a professor as to why it’s a successful statement.

  • The author is able to very clearly and articulately lay out her research interests and link them to past work she has successfully completed, namely, her thesis.
  • She is able to identify several things about the program and Berkeley that indicate why it is a good fit for her research interests.
  • She addresses the time she spent away from school and frames it as a positive, emphasizing that her use of time was well-considered and productive.
  • Her writing is very vivid, with excellent word choice and great imagery.

While very well-written and engaging, this sample statement of purpose for graduate school is a little bit on the long side! It’s a little over two single-spaced pages, which is definitely pushing the limits of acceptable length. Try to keep yours at 2 pages or less. Some of the information on the thesis (which comprises over half of the statement of purpose) could be condensed to bring it down to two pages.

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Pharmacy Residency Letter of Intent Sample

This is not technically a sample letter of intent for graduate school because it’s actually for a pharmacy residency program. However, this example still provides illumination as to what makes a decent graduate school letter of intent sample.

  • This is a serviceable letter of intent: the writer clearly lays out their own goals within the field of pharmacy, what qualifications they have and how they’ve arrived at their interests, and how the program fits their needs.
  • The writing is clearly structured and well-organized.
  • The main weakness is that some of the writer’s statements come across as fairly generic. For example, “The PGY-1 Residency Program at UO Hospitals will provide me with the opportunity to further develop my clinical knowledge, critical thinking, teaching, research, and leadership skills” is a generic statement that could apply to any residency program. A punchier, more program-specific conclusion would have amped up this letter.
  • While the writer does a decent job providing examples of their activities, like working as a tutor and attending the APhA conference, more specificity and detail in these examples would make the statement more memorable.
  • There’s a typo in the last paragraph —a “to” that doesn’t belong! This is an unprofessional blip in an otherwise solid letter. Read you own letter of intent aloud to avoid this!

NIU Bad Statement of Purpose Example

This is an ineffective graduate school statement of purpose example, with annotations on why it doesn’t work.

As you might imagine, the main strength in this document is as an example of what not to do. Otherwise, there is little to recommend it.

  • The annotations quite clearly detail the weaknesses of this statement. So I won’t address them exhaustively except to point out that this statement of purpose fails at both content and style. The author includes irrelevant anecdotes and lists without offering a decisive picture of interests or any particular insight into the field. Additionally, the statement is riddled with grammatical mistakes, awkward sentence structures, and strange acronyms.
  • You’ll note that the commentary advises you to “never start with a quote.” I agree that you should never start with a freestanding quote as in this example. However, I do think starting with a quote is acceptable in cases like the Berkeley history example above, where the quote is brief and then directly linked to the research interest.

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Graduate School Statement of Purpose Examples: 4 Key Points

Graduate programs ask for statement of purpose to hear about your interests and goals and why you think you and the program would be a good fit.

There are four key elements to a successful statement of purpose:

  • A clear articulation of your goals and interests
  • Evidence of past experiences and success
  • Interest and fit with the program
  • Strong writing

We’ve provided you with four successful statement of purpose samples from our graduate school experts!

We also provided additional statement of purpose samples (and a sample letter of intent) for graduate school from other sources on the internet. Now you have all kinds of guidance!

What’s Next?

If you’re looking for more information on graduate school , see our guide to what makes a good GPA for grad school .

Not sure if you need to take the GRE ? See if you can get into graduate school without GRE scores .

Want more information about the GRE? We can help you figure out when to take the GRE , how to make a GRE study plan , and how to improve your GRE score .

Ready to improve your GRE score by 7 points?

finance phd sop

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

finance phd sop

BrightLink Prep

Sample Statement of Purpose Economics (accepted to Harvard, Princeton, Yale)

finance phd sop

by Talha Omer, MBA, M.Eng., Harvard & Cornell Grad

In statement of purpose.

The following statement of purpose is written by an applicant who got accepted to top graduate programs in economics. Variations of this SOP got accepted at Harvard, Princeton, and Yale. Read this essay to get inspiration and understand what a top economics school SOP should look like.

You might also be interested in reading this Sample Personal Statement in economics that got admitted to Oxford, Cambridge and LSE.

Sample Statement of Purpose Economics

I was the third daughter born in 1984 to parents hailing from a conservative joint family setup. True to its South Asian values, the family believed that only the birth of boys meant a continuation of the family name and its legacy. This was in stark contrast to the birth of girls, which only meant the loss of family land and property to ‘outsiders’. Hence, it was not out of place that my birth was marked by dirge having undertones of regret.

The neighbours could not but shake their heads in solidarity with the paternal side of my family. All the while, my mother cuddled me lovingly, dreading the onslaught of shifting responsibility from the Y chromosome’s failure to solely hers. However, I had one advantage, even as a female, which put me ahead of my male counterparts. My family was economically sound. This meant I could afford an elite education accessible only to the top 1-2% of the country’s hundreds of millions of people.

As I grew up, I witnessed a pronounced difference in the treatment meted out to boys and girls both in the private (home or school) and public (parks or supermarkets). This inequity was reinforced through mass media, cultural stereotypes, and the continuous tightening of the public space available to females. The prevalent discriminatory and misogynistic phenomenon became all the more disconcerting as soon as I was able to read the newspaper. The pages that stared at me were filled with violence against women for various reasons, from family honour to stepping out of the house for a job. The public space for women was advanced but only in its constriction.

I was fortunate to be educated in a co-ed school and free to socialize with men as much as with women. However, with its nuanced mores and tacit calibrations, the social milieu was indicative of socially acceptable behaviour and left an indelible mark on me. Yet it was not until my undergrad that I decided to mindfully pursue the agenda of women empowerment. My interest precipitated when I took a few humanities courses in which my thesis highlighted the plight of women – the socio-economic disadvantages caused by society’s apathy and continued discrimination.

My resolve was further cemented when I got selected for the prestigious civil service on a seat reserved for women. As a catharsis to my journey, I want to contribute to women’s empowerment by promoting gender mainstreaming across all sectors and in particular.

My country of today is much better placed to cater to the growing needs of the modern woman; as if an ode to this blossoming, my career has rivalled it. I was the youngest and only female member of the team in the Ministry of Finance that committed to introducing Gender Based Budgeting (GBB). I strived to introduce GBB at the grass-root levels as part of fiscal reform conditions of the World Banks’ economic reforms advice. With women entering the workforce in droves, GBB is bearing results as I witness the earmarking of funds for females in the Government’s annual development plan.

As I continue this journey, I want to be a trailblazer who, if not breaks, seeps through cracks in the glass ceiling in a workplace dominated by male “sahibs”. I am accomplishing this in my current Ministry of Economic Affairs job by solarizing around 7,000 primary schools for girls. In addition, I have been managing $100 million under the ADB’s Access to Clean Energy Investment Program. Moreover, I have recently got five schemes approved worth $60 million for women’s economic empowerment. The money will go into women’s skill development, gender mainstreaming, and regulation of safe living spaces for women with daycare facilities.

During these years, I served on the anti-Sexual Harassment Committee in the Establishment Division – Human Resources government. Here I have prudently processed two cases, resolving one case where both parties amicably came to an understanding. I have volunteered for the same role in my current organization as well.

As I go forward, I want to pursue a graduate degree specializing in energy economics. I want to carve a niche in an area hardly known for women leaders. I plan to harness a sustainable economic policy for renewables to provide affordable and sustainable energy for women who are running small businesses and who are purusing education.

Sample SOP for PHD in AI (Artificial Intelligence)

Growing up in Kuala Lumpur, the bustling heart of Malaysia, I was exposed to a significant urban-rural divide in healthcare access. The influx of people from rural areas into the city for advanced medical care highlighted the lack of sophisticated medical facilities...

Sample Statement of Purpose for Masters in Public Policy (MPP)

Sample Statement of Purpose for Masters in Public Policy (MPP) India is a place of immense challenges and opportunities. On the one hand, limited state capacity in a country with a burgeoning population results in unmet needs for basic amenities such as healthcare,...

Sample Statement of Purpose for Banking and Finance

Sample Statement of Purpose in Finance The Fall of Silicon Valley Bank, Signature Bank, and Credit Suisse has again raised the debate about the role of central bankers, deposit insurers, and regulators in modern-day banking. World has been through similar or worse...

Sample Statement of Purpose for Cyber Security

Sample Statement of Purpose for Cyber Security I am applying to pursue a master's degree in Cybersecurity with a special focus on Software Security and Data Privacy. My ultimate goal is to improve the cybersecurity posture of the US by collaborating with key...

Sample SOP for Business Analytics

The following SOP was written by an applicant who was admitted to top MSBA (Masters of Science in Business Analytics) programs in the US. Variations of this essay got accepted at Duke, UT Austin, and UCLA. This statement of purpose is intended to provide an example...

Sample Stanford Computer Science Statement of Purpose

The following statement of purpose is written by an applicant who got accepted to Stanford's doctoral programs in computer science. Stanford's CS program requires a 2-page statement of purpose that covers the following points: Should be concise, focused, and well...

Sample Harvard MPH Statement of Purpose

The following statement of purpose is written by an applicant who got accepted to Harvard's master’s programs in public health. Harvard's MPH program requires a 600-word statement of purpose that covers the following points: Academic and/or professional preparation...

Sample Statement of Purpose in Public Health (MPH)

The following statement of purpose is written by an applicant who got accepted to several top master's programs in public health. Variations of this SOP got accepted at Rutgers, and Chicago. Read it to understand what a top SOP in MPH should look like. Example...

Sample Statement of Purpose for Nursing

The following statement of purpose was written by an applicant who was admitted to top MSN (Masters of Science in Nursing) programs in the US. The applicant aspires to specilize in the field of nursing informatics. Variations of this SOP got accepted at Johns Hopkins...

Sample Statement of Purpose Cancer Research (Ph.D.)

The following statement of purpose is written by an applicant who got accepted to top Ph.D. programs in cancer research/cancer biology. Variations of this SOP got accepted at JHU. Read this essay to get inspiration and understand what a top Ph.D. SOP should look like....

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Statement of Purpose (SOP) for PhD programs [FREE Template]

When applying for a PhD program, you must do 2 things as pre-work: 1.) Make sure you are convinced that PhD is the right choice for you ; 2.) Make sure you have identified the ideal supervisor .

Once that much is done, the next step is preparing your application packet to start applying for available PhD positions.

As a part of your application packet, you will be required to write a Statement of Purpose, more commonly known as an SOP . It is a 1-2 page essay of up to 1000 words that tells a story about who you are and why you want to pursue a PhD in the subject you have chosen.

Let us look into how to write an engaging SOP for your PhD program and build a FREE to use template that generalizes for various PhD programs.

DISCLAIMER: The template is meant to help you get started with organizing your thoughts. Using this template, by no means is meant to encourage to copy-paste the same SOP across multiple applications. Use this to structure your thoughts and iteratively improve over the write up.

Table of Contents

What is an Statement of Purpose (SOP)?

Is SOP same as Letter of Intent (LOI)?

How to write an sop for phd, [free] sop template, formatting your sop.

  • Should you create a unique SOP for each program?

Key takeaways

What is a statement of purpose (sop).

A Statement of Purpose (SOP) is a narrative essay that outlines your academic and professional background, your qualifications, and your reasons for wanting to pursue a doctoral program. It’s an opportunity to showcase your unique experiences and talents and explain how they make you a great fit for the particular school and program. An SOP should be written in a professional yet personal tone, as it should capture your personality, as well as your academic and work experience.

Short answer : No, an SOP and a Letter of Intent (LOI) are not the same. LOI is more of an outline whereas SOP is an in depth statement.

Long answer : An SOP focuses on your academic and professional background, while an LOI focuses more on personal and professional goals and objectives. An SOP should share how your background and experiences have shaped who you are today and how these qualities will enable you to excel in your chosen field. An LOI should be more detailed and specific, and should include more information about your goals and objectives. Additionally, an LOI should provide an overview of you, your skills, and the value you can bring to the program.

Writing an SOP can feel intimidating and overwhelming. However, there are some steps you can take to make the process easier. When writing your SOP, it is important to be honest and sincere. Start by understanding your purpose, writing a clear outline and identifying the key points you want to make. Additionally, use active language and provide evidence to support your claims. Finally, once you have completed your essay, make sure to edit and proofread it thoroughly before submitting.

When writing your SOP, it is important to create an engaging essay that stands out. Make sure to highlight unique elements of your background and experiences, such as your achievements, volunteer work, awards, and other accomplishments. Mention any research you’ve conducted and any internships you’ve completed. This will show the admissions committee that you are committed to the program and the research it encompasses. Additionally, make sure to tell stories, describe how you overcame challenges, and emphasize the impact your work has had on others.

Below is a free SOP template that you can use to get started on writing your own statement for the PhD program of your choice .

The key thing to keep in mind while writing an SOP is to show evidence how you can build on your prior experience to excel in your PhD. It is possible that you may not have the exact skill set or even prior publications but that’s OK as long as you make a convincing case as to how your broader skills generalize.

Think of it this way- you want to convince the University that if given a chance, you are willing to go the extra mile to make sure you succeed and make their investment in you, worthwhile.

Subject: Statement of Purpose for P h D program at [Name of University] *** Introduction *** My name is [Name], and I am applying to the [Name of Program , mention Term for which you are applying ] at [Name of University]. I am a [field] professional with [X] years of experience in the [relevant field]. In the past, I have worked in various capacities, including [list relevant positions], and I am dedicated to furthering my education and pursuing my passion in the field of [field]. *** Body Paragraph 1 *** In my current role as [role – can be as a UG student ], I am responsible for [ broadly list responsibilities]. In this role, I have had the opportunity to \[list accomplishments\] and \[mention research projects\] that I have conducted. I have also gained valuable insights into the field of \[field\] and the potential impact it can have on society. This experience has reaffirmed my commitment to pursuing a P h D and has provided me with the motivation to continue my studies. *** Body Paragraph 2 *** I am confident that the \[Name of Program\] at the \[Name of University\] is the great place for me to continue my studies. I have been impressed by the \[list qualities\] that \[Name of University/Program /Potential supervisor \] has to offer and I am confident that I will receive the support I need to excel in my studies. *** Conclusion *** In conclusion, I am excited for the opportunity to pursue a P h D in \[field\] during \[term\] and I believe that the \[Name of Program\] at \[Name of University\] is the perfect place for me to do so. With my prior experience, knowledge and dedication, I am confident that I will be successful in my studies and make a meaningful contribution to the field of \[field\].

While most of the programs may not impose rigid formatting guidelines, as a rule of thumb, keep your SOP within 1-2 pages. As for the fonts, try using at least 12 pts to make it easier to read, underline the key takeaways so that the reviewers can get the gist even if they glance through it. For page margins, keep the standard page formatting for an A4/ Letter paper.

Should you create unique SOP for each program?

Yes , it is important to create an individual and unique SOP for each program you are applying to. Each program has its own requirements, and your SOP should be tailored to each specific program.

Additionally, it is important to include information that is relevant to the program you are applying to. This will help you stand out to the admissions committee and demonstrate how you can contribute to the program and the field as a whole.

Having a template at hand should help you save some time but that should in no way be an indicate to copy-paste SOPs across applications as this will diminish your chances of standing apart from the rest of the applicant pool.

Writing an SOP is an important part of applying to any PhD program. To be successful, it is important to be honest and sincere, use active language and provide evidence to back up your claims. Additionally, make sure to highlight unique elements of your background and experiences and tell stories that capture your personality and experience. With these tips in mind, you can create an impactful SOP that will be sure to catch the eye of the admissions committee. Finally, make sure to create a unique SOP for each program you are applying to, as this will help you stand out and demonstrate your commitment to the program.

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SOP for PhD

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  • Updated on  
  • Apr 2, 2021

SOP for PhD

It’s never easy to get into a renowned university’s PhD program. When faced with a vast number of papers and short deadlines, applicants must exercise extreme caution. The SOP for PhD programs is particularly significant in the never-ending collection of records; it is the only document that you can personalise and include a separate qualification to the admissions committee.

A PhD SOP is mainly concerned with research. The SOP should demonstrate the candidate’s analytical capacity, time-management skills, results, analytics, and reasoning skill. There will be two key points that would grab the interest of the readers. They’ll look to see if you have the potential to apply as a scholar and if you’ll contribute significantly to the university’s prestige. Second, they will assess how your research goals align with those of the organisation, as well as how your research topic can be applied by the university or department.

This Blog Includes:

How to write a great sop for phd, statement of purpose for phd at mit.

Also Read: PhD Scholarships in India

About the fact that the format of a PhD SOP is similar to that of other courses’ SOPs, there are a few things to keep in mind when composing one.

1. Make a statement for yourself

Tell the admissions committee about you! The whole point of the SOP is for you to tell them who you are. The essay should convey your intellectual trajectory and how to come to the decision to further your education. Do not spend time reminding the university and faculty how wonderful they are and what an honour it will be to learn under such bright minds; they already believe it. They want to know who you are.

2. Explain Why

Answer the following questions: Why are you interested in pursuing this degree? Why do you want to specialise in this area? Why do you want to attend this university in particular?

3. Show Fit

Tell them if you think you’d work into their curriculum. Answer the following question: Why do you think you’d be a good fit for this program? While point one says you should stop lavishing praise on faculty, point two says you should prove that you understand the curriculum. Such information can be found on the program’s website or by communicating with participants. Your SOP should show that you are familiar with the university’s research and how you and your goals integrate into it.

Also Read: PhD in Canada

4. Include your research experience and skill sets in your SOP

Highlight some related expertise and knowledge you have to support the admissions committee. Even if your study background is mentioned on your resume, make sure to include it in your SOP. Such training, in any sense, aids in demonstrating your skills and desires. And be certain to note all other research-related skills you have, such as computer programming, software, and writing. Make a point of mentioning every writing award you’ve received; excellent writing skills are a huge bonus.

5. Directly address previous issues

If you have any negative marks on your record, such as bad grades, dropping out of college, or any other problems, you should answer them directly in your message. If it seems that you are ignoring or avoiding a subject, admissions committees may respond negatively. In study, failure is a normal occurrence. It’s a good sign if you can demonstrate how you bounced back from defeats.

6. Proofread, proofread, proofread!

This tip, you’d imagine, should be self-evident. Surprisingly, we also see poorly published essays with typos, bad spelling, addresses to a particular university, and a variety of other errors that could have been easily corrected. And sure you have someone else proofread these papers for you. You’ll be a messy scholar if you write a sloppy SOP for PhD.

Also Read: PhD Abroad With Scholarships For Indian Students

7. Be wary of putting so much emphasis on work experience

Please keep in mind that prior work experience in the profession is not necessarily beneficial when applying to PhD programs. It’s fantastic if you can link your job experience to your inspiration and research topics. Be certain to do so. While having 5, 10, or 15 years of experience can make you a great employee or boss, it does not necessarily apply to academic study.

8. Share your Statement

Be sure to share your essays with the people who will be writing your recommendations. This allows them to write better letters of support for you and guarantees that what they say matches what you say. Furthermore, it is fair to ask for input on your essay draughts if you get them finished early enough. They may not have time, but most teachers are prepared to support their former students if they are given sufficient time.

Also Read: Doing A PhD After MBA

I’m applying for a Ph.D. program in Computer Science at Massachusetts Institute of Technology. Theoretical Computer Science is the discipline in which I am most interested. Design and Analysis of Algebraic, Combinatorial, and Number Theoretic Algorithms, as well as their implementations, are of particular interest to me. Theory of Computation, Complexity Theory, and Geometric Algorithms are some of the other fields that I am interested in.

My long-term ambition is to be deeply interested in research and teaching in a field that I really enjoy. I look forward to being involved as a faculty at a well-renowned university. A Ph.D. in one of the above fields will be an important first step toward achieving this goal.

My father is an involved scholar in Applied Mathematics, and both of my parents have Ph.D.s in Mathematics. From the time I was in elementary school, this instilled in me a passion for mathematics. On the other hand, I count myself fortunate to have been born into the generation that was first to ride the technological train in India.  As a result, I’ve grown up with computers in several ways, and I’ve seen all of the changes as the age of innovation and creativity has advanced. These two factors have combined to spark my interest in theoretical computer science.

I participated in the International Mathematical Olympiad in high school and was given a gold medal for my exceptional results. I also participated in the Math Kangaroo competition and earned a level 11 test score of 110. I was introduced to simple Combinatory, Graph Theory, and Number Theory as a result of this involvement at a young age. Furthermore, the rigorous preparation and selection program I attended honed my problem-solving skills and increased my confidence. It has also piqued my interest in problem solving and led me to become a frequent reader in many periodicals’ Math problem solving pages.

The National Board of Higher Mathematics chose me as one of 18 undergraduates from across India to enrol in their nurture scheme, which runs concurrently with my formal undergraduate education. The three-year collaboration with the prestigious Tata Institute of Fundamental Research’s School of Mathematics has provided me with a solid foundation in advanced mathematics. This year, I’m studying Commutative Algebra, Algebraic Number Theory, and Functional Analysis as part of my degree. My mathematical experience would ideally be helpful in my studies.

At BITS Pilani University, I am a senior undergraduate student majoring in Computer Science and Information Systems. This department appealed to me because of its academically stimulating climate, excellent professors, and wide range of classes, many of which have a definite mathematical bent. Discrete Structures, Data Structures and Algorithms, Design and Analysis of Algorithms, Theory of Computation, and Operations Research are the five theory courses in which I have earned a AA grade score. Now that I’ve gained a solid base in various fields of computer science, I’m confident that Theoretical Computer Science is my strong suit. In this area, I find that my inspiration, as well as my aptitude, is the strongest. 

Because of their many beautiful findings and various applications to real-life problems in Databases, Operating Systems, Graphics, Compilers, and other areas of Computer Science, I find Algorithms and Complexity Theory to be the most appealing areas of Computer Science. I’m excited by the incredible scope for science in these fields that has been shown to me in previous studies, and that’s what I want to do for the rest of my life.

I am persuaded that a career in research and teaching in Theoretical Computer Science is the best one for me because problem solving is the most exciting and satisfying experience I have ever had, and it is an important part of such a career. I’m excited to add to a subject that has taken me so much satisfaction. I’m also excited to be a part of the instruction, because teaching a subject improves one’s own knowledge of it.

Theoretical Computer Science at Massachusetts Institute of Technology is among the best in the world. A chance to work with this community will be a dream come true for any aspiring theoretician.

I’ve discovered that MIT can provide me with the ideal atmosphere for focusing my mental energies into independent studies after carefully studying the department’s brochures and seeking guidance from the institute’s faculty. I am sure that I will be able to meet MIT’s high standards; my strong participation and excitement in my undergraduate studies, as shown by my being ranked first in the institute, can suffice as proof that I possess the requisite qualities.

With my long-term aspirations in mind, my immediate ambition is to obtain a Ph.D. in Computer Science. I understand the level of commitment, perseverance, and determination required for a successful career in research and teaching. I assume that my upbringing has equipped me not only technically, but also mentally, for such a profession.

I am looking forward to entering your department as a graduate student and developing a long and mutually beneficial relationship with you.

Also Read: PhD in Finance

When there is nothing else to distinguish you from the other candidates, the admissions committee will always turn to this section of your application. If it’s well-written, it could also help you get a spot if the rest of the application isn’t up to scratch.

A strong PhD declaration of intent does not appear out of anywhere. To create something that can get you recognized, you must put in a lot of effort and dedication. You can begin at least 3 to 4 weeks before the deadline, if not sooner.

Per program has its own set of implementation specifications, so make sure to read them carefully and follow their clear instructions. The average length of an SOP is between 500 and 700 lines.

Although your GPA, GRE ratings, and previous work experience are all relevant, the admissions committee will want to see if you will integrate into their curriculum. This is where the mission statement comes into play. You must demonstrate how well you can fit into their scheme and what you can add to it.

Your statement of intent for PhD admission, as your statement of purpose for MS in computer science admission, should be closely adapted to the program to which you are applying. However, if you’re applying to a variety of different services, this can be a time-consuming process. The majority of people tailor a part of the statement to illustrate their preferences while leaving the rest unchanged. Having said that, the more you portray the program’s goals, the better your chances of success would be.

Admissions officers are normally faculty members who are interested in seeing how well you can blend into their divisions.

The committee will be looking for a candidate who has a good understanding of the research topics they want to pursue. Over all, they’ll like to know if they’ll be able to supply you with the assistance you require. You do not, though, need to be as specific about your study area, and you will be free to adapt it later if your priorities change.

All of the following should be included in your statement of purpose: -What piques your curiosity in your area of study? -What are the fields of study that you want to pursue? -What kind of research have you already done? -What abilities do you possess that will assist you in completing this program? -Why are you interested in working on this particular program? -What do you like to do with your degree after you have it?

Yeah, naming particular members of their faculty for whom you are involved in collaborating will support your submission. It’s also fine to email them directly and ask them questions about their research and current and future ventures.

The easiest way to finish or conclude your PhD SOP is to outline all you’ve written in three to four sentences. Furthermore, if you believe there is anything that can clearly influence the selectors’ decision when reflecting your job graph and personality, make a note of it in your SOP.

We hope that this blog has aided you in beginning to write a PhD SOP in order to apply to your dream university. If you’re still uncertain about what priorities, aspirations, and other core elements to include in an SOP, our experts at Leverage Edu will help you explore your talents, interests, and motives to help you craft a better SOP.

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Sample Statement of Purpose – Finance

This sample SOP is for applying to a master’s program in Finance in the UK.

If you need help writing your SOP, check out our SOP Writing Service

Statement of Purpose – Finance

     Financial professionals in the modern age play an important role in shaping the global economy and the future direction it will take. As I approach the end of my undergraduate education and consider my future goals, it is clear that pursuing a master’s degree in finance would be the wisest choice. My interest in finance stems from a variety of factors. I have always had natural talents with numbers and analysis, and the field of finance thus naturally suits me. Professionals in this dynamic industry are limited only by their own creativity and analytical skills, yet, as the recent subprime crisis and Eurozone debt crisis have shown, this creativity must be tempered with foresight and a sound ethical foundation. The prospect of working in this industry on an international scale excites me greatly, and to achieve this goal I am applying to your master’s program.

Currently, I am completing my final year in the university, and I will soon earn a Bachelor of Accounting degree with a concentration in Finance from Goodwill College of Industry, which is among the most highly ranked colleges in my country. In this course of study, I have built an extensive foundation of knowledge in areas including financial analysis, investment, micro- and macro-economics, derivatives, and risk management. Meanwhile, I have also had the chance to take classes on marketing, management, and other business fields, which has given me an opportunity to hone my communication, leadership and organizational skills.  My overall scores have been quite strong, with especially high scores in finance-related courses, which is due to my strong interest in the subject.

During summer holidays I have applied what I learned in classes by working for three years in an accounting firm. This has been a wonderful complement to my studies, as it has refreshed my perspective and taught me about the realities of a workplace such as this. Most importantly, working in a real-world context has inspired me to get the most out of my education so that I may excel in my career. I also had the chance to do an internship in a multinational accounting firm, where I got acquainted with accounting software and had numerous chances to practice using English in professional contexts.

Now, I believe that studying in the UK for my master’s degree is the ideal next step for me. The UK boasts perhaps the most prestigious education system worldwide, and its reputable financial sector has avoided many of the pitfalls that have stricken other countries’. I am eager to further develop my foundation of knowledge the principles and practice of finance, learning from world-renowned instructors while interacting with top students from around the world. After completion of your program, I expect to possess highly practical financial skills and the flexibility necessary to work in international settings in the future. My career goal is to become a leading financial analyst in my country and develop a career that is rewarding in terms of both the financial and personal rewards.

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How to Write an...

How to Write an SOP for MS/Doctoral/PhD in Economics?

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Are you applying for a Masters/ Doctoral program in Economics? In that case, chances are you must have recognized the pivotal role that certain documents play in the admissions process. Some of these include your transcripts, letters of recommendation, and resume, which carry substantial weight and are closely assessed by the admissions committee. But do you know what else can make or break your admission? 

It’s the Statement of Purpose!

The Statement of Purpose (SOP) can distinguish your application from a competitive pool of candidates and elevate your prospects of securing admission to a Master, or Doctoral program in Economics. Its significance is paramount. When writing an SOP for Economics, make sure to include your area of interest, the tools you are familiar with, your project experiences, and how the selected university’s course and department align with your career/ research objectives.

A well-drafted SOP is a strategic asset that includes your aspirations, academic journey, your goals, and the distinct value you bring to the academic community. This is why Yocket houses experts, who have reviewed over 10,000 SOPs and helped students secure admission to hundreds of top universities across the world.

Join Yocket Premium today to get a stellar SOP

Now, read this blog till the end to get all the answers to the question - “How to Write an SOP for MS/Doctoral/PhD in Economics?”

Brainstorming, free-writing, and collecting your thoughts are the beginning of any writing task. Your SOP should walk the admission committee through all the relevant life experiences, academic and professional background (if applicable), career goals, co-curricular activities, volunteering/community involvement, and more. 

Therefore, make sure to refer to the following guidelines to draft a stellar sample SOP for a master's in Economics program.

Also read : What is an SOP?

Introduction

Try to answer the following questions:

What pushed you to choose Economics or finance as your interest? What is the most robust experience that led you to choose this field? 

It could be something like - you read a news article on a new government policy affecting your favorite commodity that stated several economic factors backing it up. That made you wonder how certain economic factors affect government policies and the price of commodities, and vice-versa. Thus, your curiosity led you to research and soon became a passion for Economics.

Once you’ve decided upon these, begin drafting your SOP. While writing,

  • Begin your introduction with an attention-grabbing experience evocating your journey into the field. 
  • Alternatively, you can begin with a research problem statement you consider exploring in your MSc/Masters/Doctoral/PhD program. 
  • Some programs directly seek an SOP that is more of a research proposal than otherwise.

For example, Harvard University has an excellent guide to drafting a statement of purpose. It provides a step-by-step process, while also giving numerous prompts that will help you. These prompts usually focus on directing you on how to write about experiences that shaped your research mindset. Therefore, your SOP can start with a relevant anecdote that gave your research interest a direction and motivated you to pursue a career in Economics. Once completed, you’re ready to move to the second paragraph.

Second Paragraph

In this part, you can discuss the relevant academic and life experiences that have strengthened your interest and motivation to pursue a higher education in Economics. 

  • Discuss relevant undergraduate experiences or courses in which you have developed a particular interest. For example, you must have developed an interest in economic statistics to choose this subject. 
  • Touch upon a few course specifics and how these led you to develop your portfolio and inspired you to work on projects relevant to this interest. 
  • You can discuss interesting research or projects you worked on or relevant co-curricular experiences worth sharing. Ensure your experiences align with your interest in the Economics program you’re applying for.

For instance, if you are applying for a Ph.D. in Economics, with prior experience and a project on rural economy, make sure to present tangible outcomes. This can be something like portraying the effects of inflation on wealth distribution among different sections of a rural area. This stands as a relevant project experience, which you can illustrate in the SOP for admission to a Ph.D. in Economics.

Now that you’re figuring out how to draft an SOP, why don’t you filter some universities for an advanced degree in Economics? Check out Yocket College Finder to find your fit. We promise it’ll take only a few minutes. 

Third Paragraph

Coming to the third paragraph, let’s ponder for a bit. Our life includes various challenges and failures, doesn’t it? Sometimes, things happen to us which could not have been avoided, no matter what. Now think, have you faced any setbacks in your academics? If you end up getting low grades, this is where you discuss them. 

Remember, your GPA does not define you. Yes, it is a crucial part of the admission process. Yes, high GPAs have huge advantages. But, if you can explain why you had lesser scores, what led to them, and how you actively took the responsibility of fixing them, the admission committee will highly appreciate it. 

Here, you discuss 

  • Have you faced any unique challenges or setbacks that have redefined your perspectives or interests? 
  • How did you overcome these challenges, and what is/are the positive outcomes of these experiences? 
  • Reflecting on the lessons from these experiences is essential to underscore your resilience.

Fourth Paragraph

In the fourth paragraph, you can discuss all your extracurricular activities. Remember that Universities are interested to know more than just academics. So, go ahead and speak about your hobbies, social work, volunteering, etc., here. You can also discuss workshops or certifications you have taken to upgrade your skills. However, it’s imperative not to make a sample SOP for undergraduate Ph.D. or graduate Economics an embellished version of your resume.

Click here to find the Top 25 Universities in the World

Fifth Paragraph

Work experience, though not mandatory, is an effective way to demonstrate your competence to the admission committee. It can provide evidence of your abilities, skills, and capacity to apply your knowledge in a practical setting. That is what you add in this paragraph. But if you do not have full-time work experience, you can also discuss your internship experiences, specific learnings, and take-aways. Identify a knowledge gap and the need for you to go for a Master's/Ph.D. in Economics. Ask yourself the questions -  How has the work experience/s influenced your career goals? Why do you wish for an MSc/Masters/Doctoral/PhD now? Additionally,

  • Define your short-term and long-term goals. 
  • How will the MSc/Masters/Doctoral/PhD program from a specific Economics school help you achieve these goals? 
  • How does the program align with your areas of interest?

The best universities for Economics assess your conviction in applying to their programs. Justify your reasons for the choice of the school and the program. Try to understand the school's values and devise this paragraph accordingly.

Suggested: Masters in Economics Abroad

One of the best ways to write a cohesive SOP is to have a conclusion that is as good as the introductory paragraph. Follow these guidelines to write one.

  • What capabilities equip you to contribute to the University?
  • How can you be an asset to the University?
  • What activities, clubs, sports, student associations, groups, etc., piqued your interest?
  • What diverse experiences do you bring to your future graduate community?

End the SOP with your expectations from the program and how you look forward to receiving, assimilating, and contributing to new knowledge at the University.

Your SOP can be the reason behind your acceptance or rejection to your dream university. Join the Premium cohort to get 1:1 personalized guidance for your study abroad journey!

Do’s and Don'ts of Writing a Statement of Purpose Economics  

We’ve already discussed the do’s of writing a Statement of Purpose in Economics, but what about the don’ts?

Well, there are plenty. Remember that a Statement of Purpose (SOP) in Economics is a critical part of your application for graduate programs or research positions. Avoiding common mistakes or "don'ts" is as important as following the "do's" to create a compelling SOP. Here are some key things to avoid:

Irrelevant Information : Don't include irrelevant details about your personal life, hobbies, or experiences that are not directly related to your academic or career goals. Keep your SOP focused on your academic and professional journey.

Generic Statements : Avoid making broad, generic statements about your interest in Economics. Instead, provide specific examples of what interests you, such as particular subfields or research questions.

Plagiarism: Never copy SOPs from online sources or other applicants. Plagiarism can lead to immediate rejection and damage your academic reputation.

False Information : Be truthful in your SOP. Don't exaggerate your achievements, skills, or experiences. Admissions committees value honesty.

Lack of Clarity and Structure : Don't write in a disorganized or haphazard manner. Your SOP should have a clear and logical structure with an introduction, body paragraphs, and a conclusion. Use transition sentences to guide the reader.

Failure to Address Weaknesses : If you have academic or professional weaknesses (e.g., a lower GPA), it's often advisable to address them briefly and explain how you've overcome or learned from them.

Failure to Tailor to the Program : Don't use a generic SOP for all the programs you apply to. Each SOP should be tailored to the specific program and highlight how it aligns with your goals and interests.

Lack of Proofreading : Avoid submitting an SOP with grammar or spelling errors. Carefully proofread your statement, and consider having someone else review it as well.

Remember that a Statement of Purpose is your opportunity to make a compelling case for why you are an ideal candidate for the program. Take your time to craft a thoughtful and well-structured statement that reflects your genuine passion for Economics and your potential contributions to the field.

Also read: Top Letter of Recommendation Samples for Masters

Top Universities for Economics

The choice of the top universities for economics can vary depending on specific criteria, such as location, program offerings, faculty expertise, and research opportunities. However, several universities consistently rank among the top for economics worldwide, with various tuition fee structures. 

Many doctoral programs in the USA, especially in fields like economics, are often fully funded through assistantships or fellowships. However, master's programs, especially those at top universities, typically come with tuition costs. These costs can vary significantly between universities and may also depend on the specific master's program within the university. Here's a general idea of what to expect for master's program tuition fees at some of the top universities for economics:

You can find the best scholarships for Indian students here

Harvard University : Located in the United States, Harvard consistently ranks among the top universities for economics due to its renowned faculty and research opportunities. Tuition for master's programs at Harvard can vary by program. For the 2024 academic year, it may range from approximately $45,000 (INR 3,735,000) to $60,000 (INR 4,980,000), depending on the specific program. 

Massachusetts Institute of Technology (MIT) : Massachusetts Institute of Technology is known for its strong emphasis on economics and its connection to various research centers. MIT's master's program in economics, such as the Master of Science in Economics, generally has tuition fees for the 2024 academic year ranging from approximately $53,450 (INR 4,436,350) to $61,920 (INR 5,139,360).

Stanford University : Stanford's economics department is highly regarded for its research and academic programs. Stanford's master's programs, like the Master of Arts in Economics, can have tuition fees in the range of $50,000 (INR 4,150,00) or more.

Princeton University : Princeton University offers a distinguished economics program with an emphasis on research and theoretical economics. Princeton University offers a Master in Public Affairs (MPA) program with tuition that can vary but generally falls within the range of $55,000 (INR 4,565,000) to $60,000 (INR 4,989,000).

University of Chicago : The University of Chicago is famous for its rigorous approach to economics and has produced many Nobel laureates in the field. Tuition for master's programs at the University of Chicago is approximately $72,000 (INR 5,976,000).

London School of Economics and Political Science (LSE) : London School of Economics is one of the top schools for economics in the United Kingdom and Europe. It's known for its social sciences research. LSE offers various master's programs in economics, with tuition fees for international students ranging from approximately £19,584 (INR 1,974,350) to £28,752 (INR 2,903,952) for the 2024 academic year.

University of Oxford : The University of Oxford , located in the United Kingdom, offers a strong economics program and is known for its contributions to the field. Tuition fees for master's programs at the University of Oxford vary by program and nationality. For international students, they can range from approximately £24,000 (INR 2,424,000) to £37,000 (INR 3,737,000) or more.

University of Cambridge : Another prestigious institution in the United Kingdom, the University of Cambridge offers a variety of economics programs and research opportunities. Cambridge also offers various master's programs, with tuition fees varying by program and nationality. For international students, fees are £37,396 (INR 3,776,990) or higher.

University of Toronto : The University of Toronto is a prominent Canadian institution known for its economics department and research contributions. Tuition for master's programs at the University of Toronto can vary by program and residency status. For international students, it may range from approximately CAD 21,000 (INR 1,274,7000) to CAD 44,000 (INR 2,670,800) or more.

From the Desk of Yocket 

A Master's or Doctoral program in Economics is highly coveted globally, offering huge opportunities in both national and international career landscapes. Pursuing your higher education in Economics at a prestigious institution not only exposes you to invaluable experiences but also hones your analytical abilities, setting you on a trajectory for career excellence.

However, securing admission into a renowned university for a Master's in economics may be a difficult task, but it is certainly attainable. A well-crafted Statement of Purpose (SOP) is pivotal in bolstering your application, and Yocket Premium is your go-to resource for creating an SOP that distinguishes you from the competition. With personalized 1:1 counseling sessions, an expert document editor, and an easy-to-manage application tracker, Yocket Premium offers a comprehensive solution to address all your application concerns.

Frequently Asked Questions about writing an SOP for MSc/Masters/Doctoral/PhD in Economics

How long should my SOP be?

There is no specific length requirement for an SOP, but it is generally recommended to keep your SOP to 1-2 pages.

What are some tips for writing a strong SOP for an MSc/Masters/Doctoral/PhD in Economics?

Here are some tips for writing a strong SOP for an MSc/Masters/Doctoral/PhD in Economics: 1. Be specific and avoid using clichés. 2. Be honest and authentic. 3. Be enthusiastic and show your passion for economics. 4. Proofread and edit your SOP carefully before submitting it.

What should I include in my SOP for an MSc/Masters/Doctoral/PhD in Economics?

When writing your SOP for an MSc/Masters/Doctoral/PhD in Economics, include the following: 1. Your interest in economics: Explain why you are interested in economics and what drew you to the field. Be specific and mention any relevant personal or professional experiences that have shaped your interest. 2. Your academic and professional background: Highlight your relevant academic and professional experiences, including any coursework, internships, or jobs that you have had in economics or related fields. Be sure to emphasize any skills or knowledge you have gained from these experiences that will be valuable in the graduate program. 3. Your academic and professional goals: Discuss your academic and professional goals for the future. How will the graduate program help you achieve these goals? 4. Your fit with the program: Explain why you are a good fit for the graduate program to which you are applying. Be specific about what you like about the program and how your skills and interests align with the program's curriculum.

How do you write a statement of purpose for a Ph.D. in economics?

To write a Statement of Purpose (SOP) for a Ph.D. in economics: Strong introduction: Begin with a compelling opening that explains your interest in economics and the specific area of research. Highlight your academic background: Discuss your academic achievements, relevant coursework, and any prior research experience in economics. Explain your research interests: Clearly state your research interests and the questions you want to explore in your Ph.D. Connect with the program: Explain why you're interested in that particular program, citing professors, resources, or research centers. Discuss your career goals: Describe how the Ph.D. will help you achieve your career objectives in economics. An SOP is your opportunity to showcase your passion, qualifications, and alignment with the program. It should be a compelling narrative that convinces the admissions committee of your suitability for a Ph.D. in economics.

What is the purpose of a Ph.D. in economics?

The purpose of a Ph.D. in economics is to develop advanced expertise and research skills, enabling graduates to contribute to economic knowledge, tackle complex issues, and pursue careers in academia, policymaking, consulting, and various sectors.

Can I write SOP in 3 days?

You can write a Statement of Purpose (SOP) in 3 days with a strategic plan, but it is advisable to finish and finalize your SOP at least 4 weeks before your application deadline. The SOP is a crucial document, and giving yourself ample time for reflection, revision, and feedback can significantly improve its quality and effectiveness.

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Turn Writing SoP for Finance Into an Effortlessly Task With Our Help

Sop for finance: writing basics you should know.

The SoP for finance is one of the most demanding papers a student can write during the college application process. Of course, candidates with a background in accounting, commerce, business studies, and finance stand a good chance of getting admission into top colleges. However, as competition for limited slots is often cutthroat, you need an SoP or statement of purpose that shows your unique abilities.

Most top colleges require the SoP for finance as part of the requirements for the admission process. Also, known as the letter of intent, the statement of purpose is a piece of writing targeted at the admission panel. It talks about your preferred career path, interests, goals, and professional contributions. It is an effective way for the admission panel to judge your suitability, meaning that the SoP could decide your admission prospects to the finance program.

Writing the statement of purpose for MBA finance is tedious for the student when creating it for the first time. The SoP written as part of your application should adequately display the student’s suitability to take the program from a practical perspective.

In other words, your SoP for PhD in finance should always be perfectly written and thoroughly proofread. Your document should outline your skills, experience, and special abilities. It should highlight those attributes that set you apart from the pool of applicants.

statement of purpose for phd in finance sample

Notable Mistakes to Avoid in Statement of Purpose for MBA Finance

Every applicant wants to produce the best statement of purpose for MBA finance. However, not everyone succeeds in writing the best SoP when applying for a particular course. You need to be smart in your approach and know the most common mistakes to avoid in the statement of purpose for finance.

Missed Proofreading Stage

One notable mistake to avoid is not editing and proofreading for grammar, spelling, and punctuation. Students often write their SoP documents for finance in a rush, meaning they don’t spend the right amount of time editing and proofreading their documents.

Remember, an error-filled SoP for finance MBA shows incompetence and a lack of focus. Make sure to double-check your wording and eliminate typos from your text before submitting.

Informal Language Use

Another common mistake applicants make with their statement of purpose is overly using colloquial expressions and jargon. They assume that having complicated words in their documents will impress the admission officials and make them look smart. Understanding this simplicity is key when writing the SoP for finance, as the admissions officials will have limited time to go through the text. Make sure you embrace short, clear, and accurate wording.

Walking Around With No Focusing on Main Topic

Also, avoid talking too much about your childhood fantasies when writing your SoP intended for a finance application. Your SoP must focus on the specific topic and show your abilities and experiences. Make sure to allocate enough time for research, writing, and editing the document.

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Why Obtain a Well-Personalized SoP for MSC Finance from Experts?

The SoP for MSC finance remains one of the most crucial documents in the admission process. It is your chance to show the admission officials that you have done your research and have what it takes to succeed in the MSC finance program. A great SoP offers a peek into your academic and professional background and summarizes your entire application.

In other words, drafting a great SoP for MSC finance can help you downplay some inadequacies and boost your chances of getting into your dream college. It convinces the admission officials judging applications for the finance program to lean towards accepting your submission.

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Statement of Purpose (SOP) for MBA in Finance- Sample and Tips

  • What is SOP
  • SOP Writing Tips
  • Statement of Purpose for Masters
  • SOP for MBA
  • Statement of Purpose for Phd

Updated on 27 March, 2024

upGrad Abroad Team

upGrad Abroad Team

Upgrad abroad editorial team.

upGrad Abroad Team

A properly drafted SOP puts into context the key aspirations of an applicant that would help them to build a flourishing business career by helping them get into their dream university or college. When it comes to drafting a SOP, students encounter a lot of confusion in their minds in terms of inclusions and exclusions. To address the problem, this article will enlist all the factors that contribute towards a good SOP. 

You need to be careful while writing your Statement of Purpose for an MBA in finance since this document is analyzed thoroughly by the admission committee before finalizing any admission into the course.

A Statement of Purpose ( SOP ) is a document that states your purpose for applying to a particular course in a chosen university/college. It is a vital part of the admission process as it is your only chance to influence the committee with both your personal and professional achievements so that they consider your candidature.

So, before we move to the sample SOP for MBA finance, let us look at some key pointers.

SOPs for MBA

  • SOP for an MBA with an Engineering Background
  • SOP for MBA in International Business
  • SOP for MBA in Marketing

Things to Include in an SOP for MBA 

Students applying to foreign universities for an MBA need to submit an SOP, which is a brief overview of the candidate’s career goals, ambitions, and business outlook. Here are some key points that should be included in your SOP to make it convincing. 

1.Introduction

The opening sentence plays a very crucial role and hence it needs to be taken seriously. You can pen down an incident in your life that evoked your interest in banking and finance. Further describe how this interest grew and strengthened over time. Cite all the key reasons that led you  to make a career in this domain. For example, you can state about a visit to a bank in your childhood days with your father, the bank manager caught your attention, handling multiple roles and also helping the customers in understanding the benefits of subscribing to a plan, and that instilled your interest in the banking and finance sector.

2.Academic background/professional experience

Highlight the previous academic experiences and subjects you have studied that contributed to solidifying the foundation in finance. Also, write about the work experiences which helped in opting for an MBA in Finance. 

3.Reasons behind taking up an MBA in Finance

State the reasons behind your motivation to take up an MBA in Finance by providing a description of the new things you will be able to learn due to the course. Mention how the course modules and practical training would help you to 

4.Write about your short-term and long-term career goals

Cite the profile and companies you intend to work with after graduating to define your short-term career goals. For your long-term goals, you can explain where you wish to see yourself in the next 5-10 years. For example, being the CEO of a top-tier company or starting your own venture someday. 

5.Cite the reasons behind choosing a particular university

Here you need to write about the intention behind selecting a particular university. Highlight the facilities offered by a university, rankings & accreditation of the university, placement rate, the uniqueness of course modules, multiple student clubs and organizations, and expertise of the faculty in the field of study. 

6.Conclusion

Conclude the entire SOP by justifying why the admission committee should consider your candidature and offer you admission to the university. 

SOP for MBA in Finance- Crucial tips:

While writing a sample SOP for MBA in finance, keep a few pointers in mind which will be helpful in drafting the final copy to be sent to institutions.

a. Highlight the possession of knowledge and ability to analyze financial statements and reports b. Mention your skills with regard to forecasting professional/business trends c. Cite the techniques of maximizing the value of stocks d. Describe your intensive knowledge of acquisitions, banking, mergers, and accounting e. The SOP should have an overview of the career profile and goals along with your overall professional outlook and specific interests f. Keep a positive tone throughout the SOP and strictly adhere to given format g. While writing an SOP for MBA finance, make it a point to mention about your previous work experience as well as internship

Sample SOP for MBA in Finance:

Here is an SOP for MBA in Finance just for reference and many more examples are there for your perusal online. You can note the style and draw inspiration from the same.

Since my childhood days, I have always looked up to my father, who works at a bank as its Managing Director. During my school days, he took me with him to his office once. When I interacted with his colleagues, and explored different departments of the bank, the finance department caught my interest. I was enthralled on seeing how everything in bank was well organized and all the monetary processes are performed seamlessly assuring that the business can have access to cash in sustainable ways.  

I completed my undergraduate course in the year 2019 and then applied for an internship with (company name). The company was sufficiently impressed with my knowledge and skills and offered me a full-time opportunity for the role of a management trainee. I was promoted to the rank of assistant manager only six months after joining the organization.

During my career so far, I have got the chance to interact with several international clients, partners, and associates while working with them on various projects. Taking this exposure into account, I  realized how global knowledge and a world-class master’s program will make a difference in my professional pursuits. After carefully analyzing the difference in the teaching methodologies between Indian and foreign institutions, I decided on the latter.

I want to pursue an MBA in Finance as that would improve my management ability, creative thinking, inventive ability, and many more. A staunch career foundation would be built as I would be receiving real-time experience during the tenure of pursuing the course. The fact that I would be able to discover the unknown facts of banking, stock exchange, investment, insurance, etc. prompts me to opt for this course, as I can get an in-depth knowledge of the finance sector. Moreover, the holistic development I would be able to imbibe through internships and comprehensive essays is an added plus.

An MBA in Finance will open doors for exciting opportunities for me. With several MNCs coming to India, it is certain that they will be hiring competent financial managers in the future, and so there is a vast scope for me in my home country.  With suitable knowledge and practical experience, any individual can transform into an entrepreneur. After my master’s degree, I will be equipped with the knowledge and skills to build a rewarding professional career in finance, prior to taking up my entrepreneurship dreams to the next level.

During my search for the university that would best suit my needs, I quickly located (institution name) with the financial, academic, and other requirements suiting me to the hilt. I have also arranged funds to take care of my education cost while my academic record is eligible as per the institutional guidelines. I will also be able to meet the work experience requirements as set by the institute by the time I’d receive my acceptance letter. I have already checked with the institution’s academic and admission counselors and the email written by him acknowledges that I fulfill the eligibility criteria as well.

My academic training and professional stint have prepared me to undertake a master’s program at your esteemed university. If given the chance to be a part of the institution, I would prove myself by emerging as an individual who is ready to embrace the corporate world.

Frequently Asked Questions

What is the average word limit for an sop for mba.

The word count requirement varies across universities. However, the ideal word count ranges from 800-1000 words which should be a consolidation of your achievements and future goals. You should use a formal language and keep the SOP concise and clear and hit its mark. 

What is the goal of a Statement of Purpose?

The goal behind submitting a Statement of Purpose for an MBA in finance is that it reflects the reason behind your desire to apply for the program at a particular university. It also helps the admission committee in understanding how the university’s philosophy overlaps with your interests. 

What are the factors that should be included in an MBA SOP?

One of the most important things in an SOP is the introduction, which is the opening paragraph that convinces the faculty member to read further. Your academic and professional work experience should also be mentioned in the proceeding paragraphs, along with future career goals, and reasons for applying to a specified course or university. 

How to conclude an SOP for MBA?

The conclusion of an SOP for MBA should sum up why you are a correct candidate for the university to consider your application. Keep the conclusion to the point and do not reiterate the facts that are already mentioned in the essay. 

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    Your statement of purpose for PhD must express your sincere interest in the subject matter. The following 10 tips will help you to draft an impactful SOP: 10 Steps to writing an SOP for a PhD course . Introduce yourself: The whole purpose of the essay is to show the university who you are and your goals. It is better to get straight to the ...

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    We've provided you with four successful statement of purpose samples from our graduate school experts! Statement of Purpose Sample One: Japanese Studies MA. Statement of Purpose Sample Two: Music MM. Statement of Purpose Sample Three: Economics PhD. Statement of Purpose Sample Four: History of the Book MA.

  13. Sample Statement of Purpose Economics (accepted to Harvard, Princeton

    Sample SOP for PHD in AI (Artificial Intelligence) Growing up in Kuala Lumpur, the bustling heart of Malaysia, I was exposed to a significant urban-rural divide in healthcare access. ... Sample Statement of Purpose in Finance The Fall of Silicon Valley Bank, Signature Bank, and Credit Suisse has again raised the debate about the role of central ...

  14. SOP For PhD: Use Yocket's PhD SOP Sample And Format To Draft Your

    A PhD statement of purpose is an important aspect of your PhD application. While your academic records and LORs demonstrate your academic qualifications, your PhD SOP allows you to introduce yourself as a candidate in a more comprehensive and convincing manner. ... which has prompted me to seek a PhD in Finance. I hope the Admissions Committee ...

  15. Statement of Purpose (SOP) for PhD programs [FREE Template]

    Statement of Purpose (SOP) for PhD programs [FREE Template] When applying for a PhD program, you must do 2 things as pre-work: 1.) Make sure you are convinced that PhD is the right choice for you; 2.) Make sure you have identified the ideal supervisor. Once that much is done, the next step is preparing your application packet to start applying ...

  16. Statement of Purpose for Accounting & Finance: Guidelines and Samples

    Statement of Purpose for Accounting & Finance is written by applicants explaining their strong points, the skills they possess, and the reasons for choosing a particular course. In absence of personal interaction, a statement of purpose is a document in which applicants pitch their suitability for a program to the admission committee.

  17. How to Write SOP for PhD? FREE SOP for PhD Samples!

    How to write a great SOP for PhD? About the fact that the format of a PhD SOP is similar to that of other courses' SOPs, there are a few things to keep in mind when composing one. 1. Make a statement for yourself. Tell the admissions committee about you! The whole point of the SOP is for you to tell them who you are.

  18. Sample Statement of Purpose

    Statement of Purpose - Finance. Financial professionals in the modern age play an important role in shaping the global economy and the future direction it will take. As I approach the end of my undergraduate education and consider my future goals, it is clear that pursuing a master's degree in finance would be the wisest choice.

  19. How to Write an SOP for MS/Doctoral/PhD in Economics?

    It's the TheStatement of Purpose(SOP) can distinguish your application from a competitive pool of candidates and elevate your prospects of securing admission to a Master, or Doctoral program in Economics. Its significance is paramount. When writing an. Continue Reading.

  20. SoP for Finance

    The SoP for PhD in finance is one of the most intimidating documents a student can be asked to write. It plays a major role in the decision of the prospective university to accept or discard your application. As such, you need a well-structured and expertly crafted SoP. Our finance writing service delivers thousands of exceptionally written ...

  21. Statement of Purpose (SOP) for MBA in Finance- Sample and Tips

    The SOP should have an overview of the career profile and goals along with your overall professional outlook and specific interests. f. Keep a positive tone throughout the SOP and strictly adhere to given format. g. While writing an SOP for MBA finance, make it a point to mention about your previous work experience as well as internship.

  22. IIFT Opens Registrations for MA and Ph.D. Economics ...

    In 2023, the institute was graded A+ by National Assessment and Accreditation Council (NAAC). For the Academic Year 2024-25, registrations are open for following programmes: 1. Two Year Full- time MA (Economics - Specialization in Trade & Finance) programme 2024-26 2. Ph.D. (Economics) Programme 2024 (Full-time & Part-time) Eligibility Criteria: 1.