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Master's in Economics Study Plan

The document provides details about the applicant's background, academic qualifications, work experience, and study plan. It outlines that the applicant completed their undergraduate degree in Economics in Pakistan with good grades. Their study plan is to apply for a Master's in Economics at Huazhong University in China to enhance their research skills and understanding of development economics under the proposed supervisor. Key reasons given for choosing China and Huazhong University include the strong economic growth and research culture.

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Muhammad Mubeen
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0% found this document useful (0 votes)
52 views3 pages

Master's in Economics Study Plan

The document provides details about the applicant's background, academic qualifications, work experience, and study plan. It outlines that the applicant completed their undergraduate degree in Economics in Pakistan with good grades. Their study plan is to apply for a Master's in Economics at Huazhong University in China to enhance their research skills and understanding of development economics under the proposed supervisor. Key reasons given for choosing China and Huazhong University include the strong economic growth and research culture.

Uploaded by

Muhammad Mubeen
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Study Plan

Personal Background:
I was born in the small city of Vehari, Pakistan but spent my
whole life in Bahawalpur after my family moved there. I am the eldest of my
siblings. My father is a businessman and a landlord. I completed my whole
education at Rangers Public School and College, Bahawalpur.
I am an active person with participating in various activities at the school level like
debates, sports, class activities and projects. I am a good communicator with
friendly nature and try to perceive every aspect with a positive attitude. Plus, I love
to help people regarding their education and sort out the hurdles they face. I am
fluent in 3 languages and will try to learn more as the opportunity arises.
I like to read, write, exercise and play games like football, cricket, and basketball.

Academic Background:
I completed my undergraduate studies in Economics at Arid
Agriculture University, Rawalpindi in August 2021. I scored a 3.65 CGPA out of
4.00. I was an active and participative student in education, extra-curricular
activities and gaining professional experience through a job. I was one of the top
students in my class and I passed every semester exam with good grades.
In our final semester, we were taught the methods to conduct research in
economics, we were asked to develop a business model considering the area of our
interest and in another subject, we were asked to select a policy adopted by the
Government of Pakistan and find deficiencies in it according to our interest.

The Business Model which I developed was about Pharmacies and Medical
Stores shifting their business online, too. For this, I collected data from Pharmacies
and Medical Stores on their sale and profits and their perception of the current
condition of the pharmaceutical business and how government policies are
impacting it. Then I developed a model of how the business will be started, how
services will be provided and how it will be beneficial for existing businesses.
In the development of this model, I learned how to collect data, how businesses are
conducted in Pakistan, the role of government and organizational rules and the
behavior of the consumers.
Then, I studied the “Media Policy of Pakistan” for another subject. In this
policy, I studied the policy and found discrepancies in the policy according to the
religious and social norms of Pakistani society, the extent of power being given to
government agencies and the less or extra freedom being given to media
organizations. It was a good read and research for me and I was able to learn how
policies are being created, the extent of power being given to government agencies
and how they exercise it and the impact of less or more freedom of the press.
Apart from my studies, I was involved to some extent in extra-curricular
activities. My focus regarding extra-curricular activities was on those activities
which can be helpful for me in maintaining good health and helpful in future. I
regularly played sports and I was a member and Economics Department
coordinator of Aridian Health Society. I was a member of a team which
successfully conducted a blood donation camp for thalassemia patients.
For one and a half years, I also worked part-time and was Store In-charge of
that business. My duties were to maintain the office, manage the inventory, pack
the ordered items and deliver those orders to the service provider ([Link]) with
whom they were working as a seller.

Study Plan in China:


I would like to apply for a Master’s in Economics because it came to my
understanding that vast practical skills and knowledge I will learn and also be able
to implement in my life. The area of my interest “development economics”
matches your interests. It will be a great honor for me to study and work under
your supervision. My aim is to excel in my skills in research which will be helpful
for me in pursuing further research education and it will also be helpful in working
with government and international organizations. Through this course, I would like
to enhance my understanding of economics theories, develop more rigorous
research skills and develop & increase my capability to conduct good research. It
will also be helpful for me in understanding how governments formulate policies,
how businesses make decisions and how other not-for-profit organizations work
for the betterment of society. In your institute, I will try my level best to work
efficiently and effectively with teachers and classmates in conducting research and
working together to increase the research capabilities of each other. I am choosing
this institute because I hope after completing my education I will be a better person
socially, and academically and will be beneficial to my country. I believe, this
Master’s program will enable me deeply understand economics and its research
tools.

Reasons to Study in China:


There are a lot of reasons to study in China which compelled
me to choose China for my further education. For instance, the way China grew
was phenomenal, especially the way China took its people out of poverty. The
economic model for growth it adopted is an example for the world to follow, as the
policies it adopted, the industrial growth it encouraged, and the research and
innovation in which it excelled were just brilliant. Furthermore, China has
established itself as the biggest economy and exporter, as the world is heavily
reliant on Chinese products and policies nowadays. Also, the diversity of China,
the geography and especially the hardworking is the main reason for me to opt for
China for my higher education.

Reasons to Select Huazhong University:


Huazhong University is one of the top universities in China and
also in the world. It is highly ranked in Economics education and research. The
research level of the professors was brilliant, which was evident from their
profiles. I am applying to study Master’s in Economics at the School of Economics
with major research in Microeconomics. Huazhong University is the place where
one will get involved due to the multicultural society and research environment. It
is a great institute as far as research facilities and experts are concerned. Huazhong
University has numerous research publications which have a beneficial impact on
society. I hope that my application will receive your favorable consideration and
will allow me to pursue my Master’s at this university under your supervision. I am
looking forward to getting a response from you and studying at Huazhong
University.

Common questions

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The individual may face challenges such as language barriers, adapting to a new educational system, and cultural differences in China. To prepare, they can utilize their existing multilingual skills to learn basic Chinese and engage in cultural immersion programs to better understand local customs and social norms. Networking with peers and educators at Huazhong University and participating in multicultural activities could ease the transition. Additionally, leveraging the supportive research environment in their chosen university will facilitate their adaptation to the academic demands and expectations of the Master's program .

The individual is motivated to pursue a Master's degree in Economics in China due to the vast practical skills and knowledge they expect to gain, which align with their interest in development economics. They are drawn to China's economic model and its achievements in reducing poverty through industrial growth, research, and innovation. Additionally, the individual aims to enhance their understanding of economic theories, improve research skills, and learn about policy formulation and decision-making in businesses. The decision is also influenced by China's status as a major global economic player and the multicultural and research-oriented environment offered by institutions like Huazhong University .

The individual's family background, with a father who is both a businessman and landlord, likely instilled an understanding of economics and entrepreneurship from an early age. Growing up in Bahawalpur and attending Rangers Public School and College provided them with a stable, supportive educational environment. Their active involvement in school activities, communication skills, and ambition to help others reflects a proactive approach to learning and personal development. These experiences shaped their educational journey by fostering a strong work ethic and a desire for academic excellence, eventually influencing their aspiration to further research in Economics and contribute positively to society .

The individual chooses Huazhong University for its high research standards in Economics, the expertise of its professors, and its robust research environment. They are particularly interested in the university's strong focus on Microeconomics and the diverse research opportunities it offers. The multicultural society and the university's global standing as a top institution make it an attractive choice. These factors align with their academic goals of advancing research skills and their career aspirations of contributing to policy formation and economic development, ideally in international or governmental contexts .

The individual's extracurricular activities, such as their involvement in sports and the Aridian Health Society, played a significant role in their development. Participating in sports contributed to maintaining good health and fostering teamwork and leadership skills. Their role as Economics Department coordinator facilitated the successful execution of a blood donation camp for thalassemia patients, showcasing their organizational and leadership capabilities. These experiences not only supported their personal development by promoting a healthy lifestyle and social engagement but also enhanced their professional skills, such as project management and collaboration, which are valuable in any career path .

The individual admires China's economic model, particularly for its successful approach to lifting millions out of poverty and establishing itself as the world's largest economy. They view China's strategic policies, industrial growth, and focus on research and innovation as exemplary. This perspective heavily influences their decision to study in China, as they see an opportunity to learn from China's economic strategies and apply similar ideas in their career to impact societal development. Their choice is further reinforced by China's diversity and international reach, making it a compelling environment for their academic and professional growth in Economics .

During their undergraduate studies, the individual focused on two major research projects: a business model for online pharmacy services and an analysis of the Media Policy of Pakistan. The business model project involved collecting data from pharmacies to understand sales, profits, and perceptions about governmental impact on the pharmaceutical sector. This research enhanced their understanding of business initiation, service provision, and consumer behavior. The policy analysis project focused on the discrepancies within the Media Policy relative to social norms and the scope of government powers, which helped them comprehend policy creation, government power dynamics, and media freedom impact. Both projects contributed to a deeper appreciation for how businesses are run and policies are formed within an economic framework .

The individual's undergraduate education at Arid Agriculture University provided them with a solid foundation in Economics, demonstrated by a strong CGPA of 3.65. They were involved in active learning through research, like developing a business model and analyzing government policies, which honed their skills in data collection, business understanding, and policy evaluation. These projects taught them how to critically assess government policies and market behaviors, preparing them for more advanced studies in Economics. The combination of academic achievements and extracurricular engagements, such as coordinating with the Aridian Health Society, laid a strong groundwork for pursuing a Master's degree .

The individual anticipates several benefits from engaging with the international academic community at Huazhong University, including exposure to diverse perspectives in economic theories and research methodologies, which could broaden their understanding and analytical skills. Collaborative research opportunities are likely to enhance their ability to work in international teams, crucial for a career in transnational organizations or economic policy-making. Furthermore, building a global network of peers and professors can lead to future career opportunities and collaborations that span geographic and cultural boundaries, thus amplifying their potential impact in the field of Economics .

The individual's role as a Store In-charge involved office management, inventory handling, and logistics, which developed their organizational, analytical, and problem-solving skills. Managing orders and coordinating with service providers like daraz.pk would have enhanced their understanding of supply chain logistics, an important aspect of economics. These experiences directly contribute to their capability to conduct research and analyze data, crucial for their intended Master's studies and subsequent career in economic sectors where such skills are highly valuable for policy analysis and business management .

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