STATEMENT OF PURPOSE

I am Shahenur Akther Munny and I am applying to EDITH COWAN UNIVERSITY for admission to the master’s
program in School of Business. I am interested in finance and banking .Recently I have completed my bachelor in
economics. I am currently working as an Assistant Accountant in a private company.
My academic career is as follows:
 In 2009 Completed Secondary School Certificate (SSC) examination with GPA 5.00 on a scale of 5.00 from
Uttara high school and college, Uttara, Dhaka1230.
 In 2011- Completed Higher Secondary Certificate (HSC) examination with GPA5.00 on a scale of
5.00 Milestone college, Uttara, Dhaka1230.
 In the year 2013- I took admission in Govt Unani Medical College, Dhaka. But I didn’t continue there.  
 In 2018– Completed Bachelor in economics with GPA 3.84 on a scale of 4.00 from Asian University of
Bangladesh. 
 In January 2019- current: Working as Assistant officer (Accounts Department) in Shoptorshi Group of
Company. 
 I also completed IELTS having a score of 6.5. 
In 2013 I enrolled in Bachelor of Unani Medicine and Surgery in Govt. Unani and Ayurbedik medical college, Dhaka.
I discontinued that course in 2015 because that time I got a chance for admission in Asian University of
Bangladesh, one of the best universities in Bangladesh.
It is a very well-known Private university in Bangladesh there are special motivational extracurricular activities
Such as collecting data of different financial organizations, Banks, presentation on Economic growth, Analysis of
Government finance in every fiscal year. All these activities inspired me a lot to work in this field .I found that
government finance need to be modified. As i am a student of Economics I get chance to learn about every sector
of financing both in private and public basis. In the course Money and Banking, the immense important of Banks
and financial institutions for example insurance company .micro credit organization, I understand. IN a country like
Bangladesh both private and public fiancé are equal important.
    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. Currently, I
have completed my final year in the university, and I earned a Bachelor of Economics degree with a concentration
in Finance from Goodwill University which is among the most highly ranked University 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. But I get practical
knowledge from my job. I started my career in Shoptorshi group as Assistant officer (Accounts Department) from
january2019. My duties and responsibilities are preparing financial documents such as invoices, bills, and accounts
payable and receivable, and sorting financial documents and posting them to the proper accounts. Assisting the
finance department and senior accounting staff members with various tasks, including preparing budgets, records,
and statements. Recording office expenditures and ensuring these expenses are within the set budget. Posting
daily receipts. Reporting on debtors and creditors. Handling accruals and prepayments. Reviewing computer
reports for accuracy and meticulously tracing errors back to their source completing bank reconciliations. Entering
financial information into appropriate software programs. Managing company ledgers. Processing business
expenses. Managing day-to-day transactions. That time I realize in our country this subject has bright career.so
that choose this subject
After deciding to do a master’s degree in finance and banking, I have researched a suitable and best option for me.
First, I look in my home country. From my previous degree in Bangladesh, I have found that most part of the study
is mainly book based and not practical. Then I started to search for study options in many other countries like
Canada, America, and United Kingdom. Although course providers from some other countries may offer similar
courses to obtain the same set of skills for Banking professions, yet the course providers in other countries
sometimes compromise the standards as most of the countries education providers are not strictly monitored to
maintain high-quality education standards by governments like Australia does for overseas students. I, therefore,
am not assured of quality education in other countries and likely waste of my hard-earned money. I am very
convinced about the standards and quality of education by a CRICOS education provider. Finally, I have decided to
study in Australia. It offers a lot more friendly, flexible excellent education. It has cultural diversity, friendly natives,
and high quality of education. Australian education system carefully regulated by the government in order to
maintain the high standards of education associated with the country. Also living expenses and tuition costs are
considerably lower in Australia than they are in the United States and United Kingdom. International students are
able to work part time while they study, allowing them to offset their living costs. Institutions in Australia offer a
wide variety of courses and degrees such as English language courses. I think that course will prepare students for
the main course.

I spent a lot of time for researching suitable university for me. I researched on the basis of skill development,
teaching quality, student support, comparative cost and facilities of various universities in Australia. Then, "Edith
Cowan" was chosen by me as I have found "Edith Cowan" is ranked as top 2% and 5 star ranked university in the
world (QS Ranking) and their graduate employability rate is high. The university provides both on campus and
online education. High standard of education is maintained in this university. Students of this university not only
got opportunity to prove their capability in various sectors but also International students find friendly and safe
environment. Edith Cowan has been ranked number 6 in Gender Equality, number 22 for peace, justice and strong
institution, number 28 for good health and well-being and number 11 in quality education in 2019. The courses are
very structured for receiving deep knowledge and skills on specific field. In addition to all these exceptionally good
qualities, this university has offered me 20% of tuition fee waiver after successful completion of English course.
This is one special offer that I have received only from Edith Cowan.
After researching for a long period of time, I found Edith Cowan University has a Master of Finance and Banking
[079115C] that composed of those unit/subjects that I need to learn for many important skills for the progression
of my current job role. 

By studying these subjects below, I can to learn these skills

Name of the subjects Skills that I would learn 

Accounting Concepts and To learn basic accounting theory

Applications
Quantitative Skills for Skills that involve the ability to handle data and use numerical evidence
Business systematically
Financing For International Demonstrate mastery of a global body of financial knowledge and Practice.
trade
Credit and Lending Decision Justify financial decisions and judgements that address complex issues
considering the ethical and social consequences.
Financial Analysis and Knowledge of research and principles and methods in finance.
Modelling
Business Finance Manage Knowledge and Information for purchase assets, goods and materials
 Economic Analysis for
Business
Financial Market and
Institutions
Risk Management In Banking
To analyze and determine how effectively the economy of a company is
operating
Introduce with various well known financial institutions worldwide.
Learn about the possible risk in banking.

According to International Monetary Fund (IMF), Bangladesh economy is the second fastest growing major
economy of2019, Bangladesh, the real GDP growth is estimated at 8.1 per cent in 2019, up from 7.9 per
cent in 2018, the report said, adding that the country's growth is projected at 7.2 per cent in 2020 and 7.3
per cent in 2021. During the correspondence year, Bangladesh maintained the same growth rate, whereas the
OECD countries GDP growth rate was 0.5% only. The fastest growing economy clearly indicating more employment
prospects in my home country Bangladesh. Bangladesh economy is growing rapidly in the last ten years and there
are a lot of employment opportunities in local and multinational companies. Foreign Direct Investment (FDI) in
Bangladesh is the highest comparing to any period of time due to political stability and cheaper labor compare to
most of the countries in the world. Due to relationship crisis between some of the world’s biggest economies,
Bangladesh will be the destination for trade and investment. Already a big number of multinational companies
relocated their factories in Bangladesh from China due to heavy tariff imposed by US Government. Therefore,
accountancy and finance professionals will have more employment opportunities to work in local and
multinational companies in Bangladesh. Once I have completed my study in Australia, I will return to Bangladesh.   I
would like to seek an employment and join the FMCG sector in the Multinational organization and in general, it
usually has preference is employing a staff from a reputable university with a good results and attributes.
Bangladesh has potential in each and every sector in the present day. Accounting and Finance are heart to any
organization, so, having full knowledge in this field shall open my doors to any sector and unlimited scope to my
career. In my home country there are many multi-national organizations like HSBC Bank, British American Tobacco,
Unilever Bangladesh, Standard Chartered Bank, Nestle Bangladesh, and Racket Benckiser that will provide a job
opportunity for Masters Students and the salary of these organizations are very high.

I am confident that my international degree will enable me to reach a high position in the company I am working.
Moreover, a vast number of opportunities will be waiting for me to join. From the current economic growth of
Bangladesh, I predict I might have an extraordinary career in my country. I can contribute to my country’s economy
much more than what I am doing now. Also, by earning a good salary, I can enjoy a quality life.

After coming back, I will be with my family to look after my mother and my siblings for their well-being. My father
runs his own business. I believe I can help him much more after finishing my degree. I will be having the financing
knowledge which is mainly about management of cost and human resources.

I am also fully aware about student Visa (Subclass 500) and related rules and regulations of Australian government
related to this type of Visa. Therefore, I have to follow the rules below as visa conditions-
I need to maintain 80% of attendance in my class
I need to clean 50% subjects in each term
I am allowed to work 40 hours per fortnight
I cannot change my university for 6 months upon enrollment 
I must have valid overseas student health coverage (OSHC) during my stay in Australia
I have to inform my university and department of immigration and border protection (DIBP) if I change my address
and contact within 7 days.
.