I worked for Indofood CBP Sukses Makmur Tbk as an Internal Auditor after graduation. Many aspects in manufacturing business cycles have been audited,
such
as compliance and process.
This
job has sharpened my analytical thinking and problem-solving skills since I have to ensure if there is still room for improvement.
One
of my biggest contributions to the company was when I saw a significant rise in
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overtime pay in the financial statement.
Then
, I observed and found that the amount calculated by payroll officers was bigger compared to the government regulation in
Indonesia
.
As a result
, the company’s
growth
shown in the financial statement looked smaller than it should be. After that, I decided to give a comprehensive recommendation so that efficiency can be achieved, and profits in the financial statement reflect the actual situation.
As my current work is focusing on improvement in the company that has already been running for years, for my future master’s lesson, I intend to focus studying on how to help Start-up companies or Small and Medium Enterprises, that have just run their businesses either with their owned capital or with
investment
from foreign countries, allocate their capital effectively and efficiently. I am inspired by people around me who have just built their businesses but have to close their businesses due to financial problems, especially in
this
pandemic.
Therefore
, I found it important to improve my knowledge of finance. At the same time, I would like to take part in realizing
one
of the sustainable development goals of the United Nations about decent work and economic
growth
that aim to encourage the formalization and
growth
of Small and Medium Enterprises, including through access to financial services. I would like to start from my motherland,
Indonesia
.
I choose
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University
of Budapest because it is recognized by the Institute of Chartered Financial Analysts (CFA), and the core modules offered include ‘Investments’ and ‘Applied Business Valuation’ that will strengthen my skills.
In addition
, I am already excited as it has a financial laboratory
that is
equipped with Bloomberg and Reuters terminals to support my study.
On the other hand
, Budapest
University
of Technology and Economics is
also
one
of the universities that I would like to study in since it is accredited by
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Institute and
GlobalCorrect article usage
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Association of Risk Professionals (GARP). Similar to Cornivus
University
, Budapest
University
offers ‘Investments’ and ‘Valuation of Enterprises’ compulsory modules to enhance my knowledge.
The challenge that I may face while studying abroad is language, but I am eager to learn both English and Hungarian language to support my study in Hungary. Upon gaining a master’s degree, I plan to work in the government, particularly in the Ministry of
Investment
, to implement what I have learnt for economic
growth
in
Indonesia
. As
one
of the emerging market economies, my home country has been received lots of
investment
. Hungary is
one
of the key partners for
Indonesia
as the
investment
reached US$ 1.5 billion in 2020.
Lastly
, I really hope to be accepted into your master’s degree program. It will be
such
a privilege to experience finance education in Hungary. Please, accept my deepest appreciation and gratitude for your
further
assessment and consideration.
Sincerely,
Novita Sari