Do you need essay questions on financial management? If so, this article is going to be your lucky day. I will teach you the fundamentals of asking such questions and also answer them for you. When I was in college, I thought that writing an essay was like school work. It was just a form of expression and frustration at the same time.
Now, there are some questions on financial issues that really don’t need to be asked at all. These questions tend to lead to misunderstandings and sometimes even arguments. Why? Because these questions are not very clear and the reader’s mind simply can’t grasp the full scope of the question. In other words, the question doesn’t ask for a straight answer.
However, the essay questions on financial management do deserve a fair shake. After all, they help us analyze our behavior and determine if we made the right decisions. In essence, it is a way for you to ask your own questions about your own financial management.
This may sound too abstract for you, but ask yourself this: how many questions like this have you taken in the past year? How many of those questions led you closer to financial improvement? Probably not many, or none at all. And that’s the key. If you’re not asking questions about your own behavior, why should anyone else care what you do with your money?
Good essay questions on financial management prompt you to think through the details of your financial situation. You get to ask yourself how much money you saved last year when compared to what you spent in the same period. You get to analyze your spending habits and determine which of your expenses, if any, are unnecessary. And best of all, you get to know your true status – good or bad.
Some students fail to realize that essay questions are also test questions. The point of a quiz, examination or assessment is to test your knowledge. And the only way to do that is to expose you to new ideas and concepts. Essay questions provide you with just that. They allow you to sharpen your analytical skills, giving you a chance to prove that you know your stuff.
Essay questions, unlike most other types of class assignments, do not have to be tough. Most good courses feature multiple choices and a few short response questions. The goal is to create an environment where you can apply what you have learned in class. A Financial Management class, of course, offers a wide variety of financial topics and scenarios.
The key is to pick one or two essay questions that really give you a sense of doubt or concern. Then approach the remainder of the essay as if the question doesn’t even exist. This will help you show off your ability to think critically. Make an argument, but make it based on both logic and evidence. The beauty of essay questions is that they force you to develop your critical thinking skills, which are absolutely necessary for mastering financial management. So choose your essay questions wisely.
The types of questions that will give you the best experience are varied, but they include both quantitative and qualitative reasoning. Remember that the essay questions on financial management that you will be asked to answer are meant to teach you how to evaluate financial decisions. Don’t go into the assignment thinking that the only way to score high is to resort to your favorite high school debating tactics. Know that you’ll be asked to analyze and interpret data, draw charts and apply economic theories to your data and conclusions.
One of the most commonly asked essay questions on financial management is “What is your opinion regarding the effects of increasing the minimum wage?” The writer will want to know your opinion before presenting his or her viewpoint on the issue. It is appropriate, of course, to weigh the pros and cons of such a proposal. However, there should also be an examination of the theoretical merits of raising the minimum wage and, in doing so, explore possible unintended consequences.
Other types of essay questions on financial management are:
- “Should my choice of investment strategy to reduce my risk?”
- “Should I invest in publicly traded securities?”
These types of essay topics are not as cut-and-dry as are the quantitative essay topics, but you do have to be able to provide a reasonable answer for each question. Otherwise, you jeopardize your chances of passing and your essay will likely be categorized with all of the other forgettable essays that don’t help you get into the MBA program.
The key to scoring high on any type of essay is to think carefully about the question and provide a well-organized response to it. The essay questions on financial management that you’ll be asked to answer should be based on things you’ve read and studied about the topic, but you also need to be able to analyze the information that you’ve garnered from your studies. It’s not enough to just state your position on the issue; you have to show why it’s the best one for you. By providing a well-organized answer to the financial essay questions, you’ll give yourself the best chance of getting into the MBA program.