What the point of this picture is, on some emulated servers of Ragnarok Online you can customize your character after you make them. If you make a male character and cycle through the faces, one of the female faces with this hairstyle will appear.

Isnt that the good old female Novice hairstyle?

Yeah it just looks like a flat chested female assassin with shorts.

She is Misty, Ragnarok Online npc