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Personal statement example - Accounting and Finance degree

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19 February 2024

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Example UCAS personal statement for Accounting and Finance Degree.

The personal statements provided herein are purely for the purpose of serving as examples for different categories applicable to UCAS applications. Please note the following important points regarding these statements:

Fictitious Content: All characters and narratives presented in these statements are entirely fictitious. Any resemblance to actual persons, living or deceased, or to real services is purely coincidental and unintentional.

No Copying or Reproduction: These example statements are the intellectual property of the author(s) and are protected under relevant copyright laws. No part of these statements may be copied, reproduced, distributed, or transmitted in any form without the prior written permission of the author(s).

Educational and Illustrative Use Only: The provided statements are intended solely for illustrative, discussion, and educational purposes. They are not intended to be used as templates or as a basis for any actual UCAS application or any other formal application process.

No Guarantee of Accuracy or Success: While efforts have been made to ensure the quality and relevance of these examples, there is no guarantee that they accurately reflect current UCAS standards or will be successful in any application process. Users should conduct their own research and seek professional guidance where necessary.

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Personal statement

The quality of an applicant's personal statement is very important at LSE. The School does not interview for places so this is an applicant’s only opportunity to demonstrate they are a good fit for the course. Applicants should consult the advice here, as well as advice from UCAS when preparing to complete this section of their application. 

Please note that writing a personal statement following the guidelines below does not guarantee an offer of admission. Personal statements are looked at on a comparative basis and there is a great deal of competition for places at LSE. 

LSE does not accept additional or supplementary personal statements. We can only consider the personal statement submitted via UCAS.

Writing your personal statement

We expect that your submitted Personal Statement is structured and coherent and that you fully utilise the space available on your UCAS application form. We expect that you have checked spelling, punctuation, and grammar and that your Personal Statement flows in a logical order. We expect that your Personal Statement is entirely your own original work. We reserve the right to reject your application where it has been found that a statement has significant similarities to a previous submission or has been created with the use of Artificial Intelligence.

Before you start writing, do your research

Before you start writing your personal statement, you should visit our course guides . These guides give information on the course content of each of our undergraduate programmes. 

When assessing your personal statement our Admissions Selectors will look at how well your academic interests align with the LSE course. So, for example, the Anthropology Admissions Selector is likely to prefer a statement which focuses mainly on social anthropology - which is taught at LSE - over one which suggests the applicant is very interested in biological anthropology, or a combined degree with archaeology, as these courses are not offered at the School. 

Similarly, a personal statement which shows an interest mostly in modern international history (the focus of LSE’s International History course) is likely to be more competitive than one which shows a significant interest in ancient history, as LSE does not offer any ancient history units.   

If you are applying for a range of slightly different courses, we recommend that you focus your personal statement on the areas of overlap between them, so that your statement appeals to all of your UCAS choices. It is important to note that LSE does not accept replacement or supplementary personal statements. 

What to include in your personal statement

Your personal statement should discuss for the most part your academic interest in the subject you wish to study. One way to think about the personal statement is to reflect on what we expect from LSE undergraduates: we ask them to learn about topics relevant to their course, through reading or other experiences, and then discuss the ideas they have encountered in academic essays. This is the skill we look for in the personal statement and we recommend at least 80% of your statement should be dedicated to this type of academic discussion. 

How you show your wider engagement with your subject is entirely up to you. Our Selectors look for students who can best reflect on the experiences and academic ideas they have encountered through the opportunities available to them, not those who have had the best opportunities. If you are not sure where to start, you could try listening to podcasts of LSE public events or look in the prospectus for examples of suggested reading. Remember we are interested not just in a list of what you have read/encountered, but evidence you have reflected on the academic ideas. 

To help you begin, there are several questions you could think about:

• Why have you chosen the course? What attracted you to the subject? Which aspects of the subject have interested you sufficiently to want to study it at degree level? Is there a specific area of the subject you wish to focus on? What are the big issues in the subject, and what do you find most interesting about them? What are your thoughts on these topics?
• Have you developed your subject interest outside of your school studies? For example, have you undertaken any additional reading to broaden your knowledge of the subject? Have you attended lectures or explored online material relating to the subject? What did you find interesting in your reading/in the lectures you attended and what are your thoughts on the topics covered?
• Have you gained any skills from your other school subjects that complement your application to study your chosen subject? Have you had the opportunity to undertake work experience relevant to your application? If you did, how did this experience give you a wider understanding of the topics you will study at university?
• Have you attended any schemes or activities at LSE or other universities, such as Summer Schools, Saturday Schools, LSE Choice, etc? What you have learned from these? Have they furthered your knowledge of or interest in your chosen subject?

If you are applying for deferred entry, as well as thinking about the questions listed above, you may also wish to indicate (briefly) why you are taking a gap year and what you plan to do during the year. 

If you are applying as a post-qualified student (ie, you have already received your final results), you may wish to mention briefly what you have been doing since your exams. 

Please note : You are not expected to simply answer all of the questions above; these questions are merely intended to give you some guidance as to what to think about when writing your statement. 

Extra-curricular activities

At LSE you are admitted to study a particular degree course so the majority of your personal statement − at least 80% − should focus on your academic interest in that subject. Many students like to include some details of their extra-curricular activities such as involvement in sports, the arts, volunteering or student government. As our Selectors are most interested in your academic interests, we recommend that no more than 20% of your statement is spent discussing extra-curricular activities. 

Applying to combined degree programmes

LSE offers a number of combined degree programmes. If you are applying to one of these programmes, you are advised to give equal weighting to each subject in your statement. For instance, if you are applying to our Politics and Economics degree, you must show evidence of interest in both subjects; a statement weighted towards only one aspect of the degree will be significantly less competitive.

Example of a poor personal statement

"I have always dreamed of coming to LSE since I was young. It has been a dream of mine to study at this institution, which is well renowned for its social science courses.  

I am currently studying History, English and Business and Management at Higher level and Italian, Maths and Chemistry at Standard level in the International Baccalaureate, and feel that these subjects are providing me with a solid background for university study.  

I want to study History because I want to be a world class Historian, and feel that this degree will help me. I am especially interested in Ancient History, particularly the history concerning the Roman Empire. I am fascinated by the way in which the empire was run, and the events that led to its downfall.  

"I was the captain of the school football team, and this has taught me the importance of working together as a team, and allowed me to prioritise my time between my studies and football practice. I feel that this has provided me with the experience to successfully balance my academic and social life, and I plan to continue this balance whilst at university.  

It is my dream to become an alumnus of the School, and I am sure that as I am the top student of my class, you will offer me a place."  

This brief example of a personal statement is poor. The applicant has mentioned an interest in history but they have not discussed this in depth or shown any evidence of wider engagement with the subject. Where the applicant does talk about history, the discussion is superficial and focussed on ancient history, which LSE does not offer as part of our history course. 

The applicant has specifically mentioned LSE, which is likely to be unattractive to their other choices, and has wasted space listing their International Baccalaureate subjects, which would be shown in the qualifications section. The applicant has described how a history degree will help them get the job they later want, rather than what they are looking forward to studying during the degree. 

The applicant has reflected on the transferable skills they have developed leading the football team. This is good, but it would be nice to see the same level of reflection applied to academic topics - this student has spent more time talking about football than about history. 

UCAS reference Your teacher's reference: what we're looking for

Watch this presentation LSE Admissions Specialist Paul talks about personal statements

Study at LSE webinars Watch our Personal Statement FAQs webinar

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Accountancy & finance personal statement example.

I have always been an ardent reader. From Great Expectations and To Kill a Mockingbird to Stephen King's entire collection.

I find a great comfort in reading and consuming information but it wasn't until I found the book 'A Brief History of Economic Genius' in my local library that I became completely engaged and absorbed by the progression of mathematics and economic theory.

After this, I read the range of books from the library about Mathematical Methods for Economic Theory.

I was excited and so intrigued that I started to read online articles, listen to online lectures about inflation scenarios and real and nominal return. I read many books with the subjects of math, economics, finance and then finally, accounting.

The first book on accounting I allowed myself to indulge in was 'Capital in The Twenty First Century' by French economist Thomas Piketty. It was on Bill Gates' 'must-read' list and I quickly came to love the book and the topics discussed within.

I love how Piketty shows evolution of inequality since the beginning of the industrial revolution and the disrusptaunce from the Great Depression as well as the first and second world wars; this fascinated me and led me to my interest in broadening my knowledge.

At present I am studying A levels in Media and Drama. Although these subjects are not directly valuable for studying Accounting and Finance I believe that I have gained a lot of knowledge through A Levels that will help on this course.

I recently wrote a project for media on the advantages of social media in accounting, I concentrated on a firm based in the US that built outstanding social media presence through LinkedIn.

Writing this for Media has definitely improved my analytical and writing skills. Studying Media has also led me to develop commercial awareness which I believe is key in Accounting and Finance.

Drama has improved my self-confidence and communication skills massively and it has also led me to appreciate different cultures through studying them.

Alongside my A level studies I have also been tutoring GCSE Mathematics; I have done this for two years and I have helped many of my students with Further Mathematics as well.

I know that I am more than capable of meeting the demands and standards set for the mathematical side of this course. I believe that I have a firm foundation for studying Accountancy and Finance at University.

I have worked part time since October 2017. I worked for a year as a waitress and host at a hotel close to where I currently live.

Working on a Sunday lunch is stressful but, as I have now been through the experience many times, I have learned how to deal with immense pressure and how to enjoy the evening by socialising with customers!

This role has allowed me to develop punctuality and independency skills and also to be able to perform extremely well under pressure. I am confident that these skills will be massively beneficial to me in the financial industry.

I regularly jog and attend a yoga class once a week which helps me to maintain a good level of fitness as well as keep me physically and mentally well.

In the past I have competed in athletics and cross country competitions inside and outside of school, this has definitely given me more compassion and enthusiasm for everything I do and I am always striving to achieve the highest results possible.

I also meditate each morning which helps me to relax and to keep my mind sharp and focused throughout the day.

I am extremely thrilled by the vast amount of career opportunities a degree in accountancy and finance has. I am particularly interested in working for a bank as an auditor.

I am a highly motivated, friendly and confident individual who is committed to reaching my full potential.

With excellent organisation skills and a creative mind I am regularly used to exceeding performance expectations. I desire to become a successful accountancy and finance graduate at your university.

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PERSONAL STATEMENT EXAMPLE Accounting and Finance Personal Statement

Submitted by Goutham

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Accounting and Finance Personal Statement

New dynamic markets are offering boundless opportunities with firms gravitating towards these markets, where inflows of foreign direct investments result in large returns on investment. As the world increasingly moves towards a more globalised environment, there is a need to understand the interplay between different economies and markets. Having lived my formative years in an emerging economy, studying in a UK university will open up opportunities for me to interact with students from other backgrounds and learn how other economies affect global markets. Furthermore, it creates a suitable platform for me to gain insights into the recent financial turmoil.

It is fascinating how series of accounting management mistakes and compromises caused the fall of various consultancy firms one of which is Arthur Andersen. The failure of the firm maintaining faithful accounting standards especially in the Enron forgery case where huge debts off the balance sheets led to the downfall of a once “Big Five” accounting firm. Documentation of this incident sparked my interest in finance . This love for understanding how financial market operate was intensified by reading ‘Intelligent Investor’, which emphasized on maximization of probabilities through valuation analysis and margin of safety. It also focused on the importance of asset allocation, diversification and prevention of consequential errors in a portfolio. This urged me to complete an internship in Elixir Investment Bank. During my internship, I gained greater insight into the Nigerian financial markets, particularly the Nigerian Stock Exchange. I assisted in examining trends on the stock market , bond and commodity prices. I found the interrelationship between macro-economic data and investment decisions particularly interesting as how businesses used retrenchment approaches during a recession. Based on my research on dominant Nigerian e-commerce firms, I analysed balance sheet data and assisted in making recommendations to the clients on investment opportunities.

In the modern globalised world, the key in decision making for businesses is having sound geographical and economic background. This encouraged me to study Economics and Geography in A level and have enhanced by ability to critically analyse information as well as develop structured arguments with detail in current affairs. Studying mathematics has improved my numerical skills, especially statistics where I learned the use of regression line to make predictions and estimate error for model reliability.

In school, I led a team of young economic enthusiasts who were keen to study economics and accounting in senior school. Reading ‘the Economist’ provided me with material to organise weekly activities with the team, and helped me explain how key economic concepts apply to real-life scenarios. My experience with this team motivated me to compete in various Finance and Economics competitions hosted by my school.

I believe a key component in excelling at university is being able to contribute to discussions on topical issues. As captain of school debate team, I learnt that the key to being a great orator is learning how to connect to your audience. This experience assisted me in becoming highly competent in clearly expressing complex issues with clear enunciation. Debating on the topic “Is Deflation proving transitory?” permitted me exhibit quantitative analysis gained from studying Economics, on a macro scale.

Being prepared for the world ahead for me transcends having an impact in my community. As a young boys scout, I learnt that giving back to the society and helping others should be a part of life wherever you are. I volunteered at various orphanage homes,, assisting assisting with day-to-day challenges and sharing my personal life challenges.

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