Personal Statement
Risks exist everywhere, but what we can do is to predict the probability of the occurrence and minimize the loss. As a current math Ph.D. student with a dual degree of master of Business Analytics at the University of Denver, I hold a strong math and statistics background. I also master several statistical software and methods, such as econometrics, python, R, Mathematica, Excel, Stata, Minitab, Bloomberg, Wind, and Matlab.
In the class of Markov Chain, I learned several stochastic models, such as continuous times Markov chains, Brownian motions, and entropy. By applying these mathematical models, I analyzed some interesting practical problems, for example, birth and death process and Queueing question, which makes me interested in analyzing risks of events by using mathematical and statistical approaches. Since actuarial science is a discipline to access risks by applying mathematical and statistical approaches, I want to become a Ph.D. student to research the field of actuarial science. With my hard work, I spend two years and a half to attain my undergraduate degree in math with a finance concentration and minor in Economics. During breaks, I was usually involved in some research. I have already published six papers in different fields including economics, politics, and real estate. Thus, I have the ability for making research. In addition, at the University of Denver, I am a math tutor, and I can explain math problems clearly to the undergraduate students. Thus, I have teaching experiences for becoming a teaching assistance.
The University of Connecticut is a research school, and I am interested in working with Dr. Emiliano A. Valdez to research the field of insurance by applying the copula models and other statistical approaches. In addition, I am looking forward to taking the course, Math 5637, which talks about risk theory. The course is helpful for my future research in the insurance field.
During my internship in International Finance institution in Bank of China, I worked as a research assistant with several doctors. In my internship of research assistance, I assisted researchers analyzing financial and economic events by applying theories of economics and finance and models of mathematics and statistics. I learned using academic knowledge for research practical problems. From my experience, I found that I enjoyed doing researches. Beside my academic background in math, statistics, economics and finance, my research skills and professional experiences make me qualified for the Ph.D. program in actuarial science at the University of Connecticut.
My professional objective is to do research and be a professor in the future. In the research academic atmosphere of the University of Connecticut, I think I can promote my research in the area of insurance. In addition, as a teaching assistant the next of few years at the University of Connecticut, I would like to share my knowledge and research skills to other students at the University of Connecticut.
