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Motivation Letter

Firstly, I would like to introduce myself. I am Akter Hosen and I have completed my
undergraduate and postgraduate education from University of Chittagong, which is
the 3rd best university in entire Bangladesh. Even though the admission process was
extremely competitive with thousands of prospective students competing for
admission in University of Chittagong, my hard work and passion for Mathematics
and Statistics ensured that I got admission in the university. During my studies, I
learnt programming languages such as FORTRAN and R to solve complex
mathematical problems. I also applied my statistical and mathematical knowledge to
make an academic project called “Experiences and perfections regarding e-learning
of the students of the University of Chittagong”. After completion of my Masters, I
started working as a financial securities trader in an esteemed brokerage house
called “Lanka Bangla Securities Ltd”. I did extremely well in this field and decided to
make a career in trading financial instruments. It is while working in this job that I
realized that financial mathematics was a core skill needed in financial markets as
these markets comprehensively used financial mathematics methods for derivative
securities, valuation, portfolio structuring, risk management, and scenario simulation.
I therefore started looking for a course in financial mathematics in Bangladesh but
unfortunately no university in Bangladesh offers any course in financial mathematics
or Actuarial Mathematics. After looking in the internet for the best options available, I
decided to apply in Technische Universität of Kaiserslautern for the M.Sc in Actuarial
and Financial Mathematics under Department Of Mathematics. I currently hold an
overall IELTS score of 6 and I am learning basic German language via YouTube and
other sources.

I chose this program because it is a research-oriented program and will provide me


with theoretical foundations and skills necessary for a complete understanding of
complex financial and actuarial markets, which in turn will enhance my career
prospects. Moreover, the subjects of the program build on the knowledge I acquired
in my Bachelors and Masters. I have already studied some relevant subjects such as
Probability, Basic Statistics, Bio-Statistics, Actuary, Inference, Test of Hypothesis,
Macro and Micro Economics, Sampling Techniques and some very crucial
Mathematical specializations such as Algebra, Complex Number, Mathematica
Series, Geometry, Trigonometry and Advance Calculous for instance. Having studied
these subjects beforehand, it will be easier for me to understand and complete my
education in Germany effectively.

I am looking forward to study in Technische Universität of Kaiserslautern because it


is a public university and has a rich history in providing qualifications which are highly
recognized and valued by employers in most countries, especially South Asia. This
is a university which has won several awards and honors in Germany. The
Department of Mathematics in this university is fully loaded with state-of-the-art
facilities and thus will provide me with a solid, technology-oriented and modern
Motivation Letter
mathematics education. I chose Germany as my destination to complete my further
education because it is one of the best destinations in the globe for conducting
research and completing rigorous study programs in the field of mathematics for
international students. Moreover, the diversity of students in the country will be
enable me to make friends from different nationalities, learn new cultures & traditions
and also enhance my interpersonal skills. Finally, the living and transportation
expenses in the country are reasonable for students.

My plan after completion of my studies in Germany is to come back to my home


country. I will be fully equipped with local Bachelors and Masters degrees as well as
a Master’s degree from Germany. The employers in Bangladesh highly value
European degree holders and as such I will have a competitive edge in the job
market. I want to apply the knowledge and skills that I will learn in Germany in the
Bangladeshi financial markets. My ultimate goal is to make a career in the financial
markets through which I will make my family proud and contribute to the economy of
Bangladesh.

I am eagerly waiting to join the university and start the course as soon as possible.
Thank you in advance.

Yours Sincerely,
Akter Hosen

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