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Sample Essay

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As a financial reporter responsible for prime-time news at Shanghai Television Station, I enjoy a comfortable life. Yet the more I learn about the business sector, the more the uncharted territories in the Chinese market enchant me, especially when they involve economic globalization and Internet fever. Understanding and guiding these economic trends in China is my number one motivation for pursuing an MBA in the United States. I also believe that it will make me more authoritative and persuasive in my efforts to become one of the major voices in advocating "WTO-adaptive" businesses in China, which is my short-term goal. Long-term, I hope to become a qualified manager who can bring one or more established Chinese companies to the global stage, or build my own winning business in the New Economy. 

No doubt, the country's accession into the WTO will set all domestic companies and business institutions into a head-on competition with their foreign counterparts. In the financial industry with which I am familiar, China's banks are plagued with such problems as bad debt, talent moving to foreign banks for better pay and unqualified officials who are unfamiliar with the market economy. Although they are trying to sharpen their competitive edge by selling shares to the public and merging small ventures to establish larger ones, progress is slow due to the mindset of the stubborn old interest group and a shortage of professionals with new concepts. 

Though the approaching WTO has somewhat improved the climate, China can hardly be considered a level playing field. Take the Chinese Web: it is underfunded because venture capitalists have no idea what the government will do next, or whether the control on NASDAQ listings will be lifted. Despite the current blocks, I believe the opportunities on the Chinese Internet are almost endless. It could even be used to narrow China's economic gap with more developed countries. 

I am sure that in many respects, China's development in the coming decades will mirror the American experience in the past. To better understand how a full-blown market economy really works, I need an MBA. The MBA program at Columbia will equip me with in-depth knowledge in some sectors, as well as a general understanding of how to manage a company. It also should serve as the final leg of my journey towards achieving significant financial success. 

Columbia will shape me into a good player an "e" magician and financial ace in one. In the online brochure, I was amazed at the sight of Columbia students toting their laptops around campus. Although I consider myself to be computer literate, I am not obsessed with technology. I think "e-biz" is concerned with business as much as it is with "e". How can we win the game holding both "e" concept and capital skill cards? Columbia may have an answer since it claims finance as its biggest strength and high-tech facility as its specialty.

In addition to producing straight talking, no-nonsense technocrats, Columbia offers future decision-makers some classic themes that should serve as the foundation for the new economy, qualities such as vision, integrity, energy, honesty, transparency, the idea of serving society and the spirit of teamwork. People around me say that I possess many of these characteristics, but I need to focus on developing these qualities more fully if I want to ultimately realize my goal. 

Columbia's location, crossing Broadway, will help to enhance my quality of life and enrich my perspective. By cultivating a balanced viewpoint, a leader can establish a healthy cooperative culture, thereby avoiding bureaucracy or loss of initiative and responsiveness, and propel the business on to the next stage of its evolution. As a Columbia student, I can count on the wealth of culture on Broadway and the financial history of Wall Street. 

The New Economy is reshaping the old business order. Business models are redefined and boundaries are blurred. Tension is growing among the "old" barons who have spent decades building powerful empires, only to suddenly find themselves sharing the spotlight with new internet entrees amassing fortunes (though largely on paper) rivaling theirs in a few short years, even months. As a result, some people believe that the rules have changed. The big no longer beat the small, now the fast are beating the slow. 

I hope my study at Columbia will build me into what I want to be: an open-minded businesswoman with a vision of where we are going, a veteran troubleshooter, and a seed of change in China.

Note: This essay appears unedited for instructional purposes. Essays edited by EssayEdge are dramatically improved. For samples of EssayEdge editing, please click here.

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