I have posted this question before and have been encouraged to start a new thread. I am applying for Fall 2011 admissions to a finance PhD program and would appreciate any advice on the required SOP.
I have gathered that the SOP for finance needs to be quite specific vis a vis research interests. I have questions as to the balance we need to strike. Should we reference actual published papers that we have read? Term papers that we have written? What if I do not have a single narrowed down sub-field of finance that I know I want to conduct research in? Is this a problem? Do I need to identify open questions in the field that I want to work on during my PhD years? When we mention our research ideas, should it be along the lines of a proposal (i.e. statement of question, methodologies you want to use, etc.) or is that too detailed?
Any help would be appreciated.