Rice MBA 2017 (JONES GRADUATE SCHOOL OF BUSINESS)

The Jones Experience

Jones Admissions

Essay 1

Describe your short-term and long-term career goals, and how the MBA will help you achieve those goals. Include in your discussion: Why is now the appropriate time to pursue an MBA, and why are you interested in obtaining a Rice MBA? (Maximum 750 words)

Although I began my career in the Operations Vertical of the Drilling Industry, I have always been interested in finance, especially energy finance. Supervising the setting up of Onshore & Offshore Oil Rigs has never been enough for me and I have always wanted to be part of the financial action behind the oil price changes which have far reaching consequences for the entire industry. Whenever we have faced changes in the volumes of drilling orders or abrupt stoppage of the on-going projects, I have tried to map it to the corresponding oil price fluctuations. Over the years, such observations have not only led me to understand the past trends of volatile energy prices more closely, but it has also helped me grow a lot of interest in the field of Energy Finance. Over time, I have become better at my ability to make some crude sense out of the basic financial numbers.
Having worked in Operations vertical for four years, I now want to explore my deep interest in financial aspects of Oil and Gas Industry by pursuing a career in Energy Finance. But such a transition from operations to finance requires me to first equip myself with knowledge on Energy Finance and then join the finance industry. Since I would be starting from scratch, as a short term goal, I would like to start as an Equity Analyst in an Energy Investment Firm and after gaining further exposure, work my way up to become an Energy Fund Manager in the long run. For the career transition, my experiences from the Drilling Industry would be insightful, especially in trying to understand the business impact of the volatile energy prices on certain organizations and projects. Such an operational understanding of energy industry would help me quickly learn skills related to Finance & Investments. In addition, my learning from my job and my background in Petroleum Engineering could also come in handy during discussions on business case studies related to petroleum field.
The Rice MBA is an ideal program for me to facilitate my transition from operations to energy finance, since it is one of the very few reputed programs that offer Energy and Finance concentration with a strong finance focus. Such a program would not only equip me with the knowledge required for a career change but it would also provide me with the desired career opportunities in the field of Energy Finance. Electives such as Equity Practicum and Energy Derivatives would help me learn some of the many new concepts I need to develop a holistic understanding about the Energy Finance Sector. Projects such as the Action Learning Project Week on Wall Street, will allow me to work on live projects, thereby allowing me to analytically appraise the information and articulate it into useful insights.
I would also love to join the Jones’s Energy club, Finance club and Rice Energy Finance Summit (REFS) to network with like-minded classmates interested in Finance & Energy industry. The numerous events that group offers would allow me to listen to industry stalwarts as they come for speaker sessions or to go on workshops and interact with industry professionals. The entire immersive approach of the group would not only give me a peep into the industry but would also help me take an informed career decision as I take my first plunge into the Energy Finance.
Overall, I am confident that the Rice MBA, with its Energy Finance concentrations would prove to be the best career investment, allowing me to benefit from its strong industry connect and quality education.

Texas MBA 2017 (McCOMBS SCHOOL OF BUSINESS)

The McCombs Experience

McCombs Admissions

Essay 1

Based on your post-MBA goals and what drives you in your personal and professional life, why is the Texas MBA the ideal program for you and how do you plan to engage in our community? (500 words)

Just when the Shale Revolution flooded the international markets with US becoming the top producer, oil prices started tumbling down, revealing the biggest flaw with the new trend. The hidden concept here with Shale is; unlike other reservoirs it is very expensive and has lower recoverability than the more conventional sandstone reservoirs, explaining the pressures on the domestic industry brought on by low commodity prices in past few years.

Although the situation currently is getting better, oil price dynamics have changed internationally. This visible change heavily intrigued me & led me to observe the effects throughout the last few years of volatile oil situation. I could understand the intricacies of the industry because of my petroleum background which I believe will be very beneficial to leverage in energy finance sector otherwise lacking such in depth understanding.

Even professionally, I could observe the cascading effects of international oil price changes on my current organization and our project. With some proper guidance from senior management, we were encouraged to work with a financially inclined approach to optimize operations during those tough times. This further boosted my existing interest towards the financial aspect of oil industry.

Hence in short term I wish to leverage my knowledge of the industry in the role of an equity research analyst, bringing to the table a very scarce and well sought after skill-set. I believe working in this capacity will give me enough exposure to make the long term transition into a buy side fund/asset management firm focused in the energy space. My ultimate goal is to be a fund manager in the energy space.

The unique feature of the Texas McCombs energy finance course is the well-tailored structure that accommodates everything essential in the two domains; Energy & Finance sector. This, I believe will give me the edge in my learning & growth towards the energy-finance niche field. Moreover, few electives that are being offered at McComb such as Energy Law and Oil & Gas Taxation are areas which are new to me & are required to make a unique mix of skill-set to sustain my long term growth.

The school also has a notable list of alumni in both the equities research and private equity industries and I intend to tap into this strong alumni network to leverage my career. Furthermore I intend to explore the McCombs community activities of the Energy-Finance group as it is a unique energy based platform that will help me hone my skills & knowledge acquired at the university.