economics personal statement help

Sample Economics Personal Statement (admitted to Oxford, Cambridge, LSE)

by Talha Omer, MBA, M.Eng., Harvard & Cornell Grad

In personal statement samples by field.

The following personal statement is written by an applicant who got accepted to top graduate programs in economics. Variations of this personal statement got accepted at Oxford, Cambridge, and LSE. Read this essay to get inspiration and understand what a top economics school PS should look like.

You might also be interested in reading this Statement of Purpose in Economics  that got admitted to Harvard, Yale and Princeton.

Sample Personal Statement Economics

“Flick…chuggachuggachuggaa…puttt-putttt-puutttttt…rizzzz…”

The sounds coming from near the doorway may have startled an outsider but were barely noticed by the people lounging on charpoys and mooras (wicker stools). With the atmosphere abuzz with their chatter, the sputtering sound of the diesel generator lent more time to catch up as the bulbs lit up and fans whirred on throughout the haveli (palace) on an otherwise hot evening. But on days when it refused to crackle, my grandmother would enkindle gas lanterns filling the veranda with hissing sounds and soothing moonlight rays.

I still cherish these memories from my childhood trips to XYZ, my native village, some 450kms from the closest city. At the time, the short sojourns from Kuwait felt rather adventurous. However, the perspective turned wrong when I permanently moved to XYZ. Due to unannounced electricity breakdowns, we would find ourselves groping in the dark to the closest candle stand while sweating in the scorching summer.

And just when we thought it couldn’t get worse, the occasional power breakdowns segued into a full-blown crisis of the decade. Over the next seven years, we witnessed unprecedented power outages averaging 15-18 hours daily. People weren’t just lamenting the loss of mental peace; they were mourning the monetary losses worth billions of rupees translating into 1.5% of GDP.

Fast forward 15 years, and I found myself in a position to alleviate the situation. As Deputy Administrative Head of the Government’s Economic Affairs division, I administer a departmental budget worth $500 million. I am currently undertaking solarization projects. A recent shift towards renewables has occurred after public unrest during the early decade led to hasty investments in thermal-based power plants. Unfortunately, seven years later, we are still reeling from the aftermath of a bitter public backlash as we have the lowest regional electricity consumption per capita.

In addition to high tariffs, the energy sector has been marred by the accumulation of circular debt of $30 billion. This has been caused by multiple factors, such as electricity theft, transmission losses, and non-payment of dues. Having worked in Economic Affairs Division, I have also been part of a team that took massive power sector reforms, including:

• elimination of subsidies
• policy formulation on electricity theft and conservation 
• overhaul of sectoral regulatory bodies
• privatization of distribution companies et al.

However, as the Program ended, so did the reforms.

Regrettably, negative externalities from these energy woes have had spillover effects on all socio-economic sectors. The environment has especially poorly been affected by the process for the lack of an integrated generation and transmission policy framework in the renewable industry. Being a lower riparian state has also exacerbated climate change. We face extreme weather conditions – floods, droughts, smog, and diminishing water tables. Unable to agree on water issues not covered under the Indus Water Treaty has led to regular skirmishes and legal battles in the International Court of Justice.

Given the background, my country’s economic and Energy woes require a holistic understanding of the subject. This makes Economic policy specializing in Energy the right choice for my graduate studies. Furthermore, I can become an effective leader and economist in the sector through the interdisciplinary pedagogical approach covering policy, economics, management, law; practical skills; quantitative and qualitative analysis within an international context.

My aim is socio-economic development in tandem with confidence-building measures and strategic partnerships with the neighboring countries. Studying at Oxford will provide this learning opportunity in and out of the class as I will interact with some of the most brilliant minds worldwide and work in teams with them. I also look forward to student-led events, conferences, guest lectures, field trips, and panel discussions to augment my understanding of supranational political demands. This will help me lead economic policy reforms for the next 25 years.

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How to Write your Economics Personal Statement

Are you applying to economics courses at university this year? If so, this guide might come in handy. Based on my experience helping students with personal statements, as well as discussions with other Cambridge students and fellows, I have built up an understanding of what makes a very good economics personal statement. Below I present a series of steps for how to write the personal statement.

Decide on your course

It sounds obvious, but make sure you have decided on the courses which you would like to apply to. If you are unsure, you can consider your A-levels, particular interests, or whether you have a particular job in mind for after university.

From this point onwards, I will assume you are interested in applying for some kind of economics degree. However, the advice below generally applies to joint degrees and other courses however.

Supercurricular activities for economics

Given you have decided on the course for which you are applying, the next step I recommend is to write a list of all your supercurricular activities .

This is not the same as an extracurricular activity. You can think of the difference like this:

• A supercurricular activity is an activity that takes place outside of school lessons, that is directly related to your university course of choice. An example is reading an economics book.
• An extracurricular activity is, again, an activity that takes place outside of school, but that is not directly related to the course you are applying to study at university. An example of this is being part of a sports team.

Supercurricular activities should form the bulk of your personal statement. Some universities post recommendations such as 75 to 80% of the personal statement should be about supercurricular activities exclusively. Other universities will state that they are only interested in your academic pursuits (in other words, supercurriculars).

Complete Guide

For the complete economics personal statement guide, click the link here (paid resource):

Types of Supercurriculars

Supercurricular activities can include, but are not limited to:

• Online or in-person lectures.
• Magazines or journals.
• Online courses.
• Essay competitions.
• Reading blogs.

In a future blogpost, I will outline some examples for various areas of economics.

How should you choose your supercurriculars?

I recommend choosing activities based on your particular interests within the subject of economics. For example suppose you are interested in labour economics (in other words, what decides the wage and employment level in an economy or labour market). Then I would recommend finding activities relating to these topics. This could include entering an essay competition by writing on a labour economics topic such as migration, minimum wages or inequality, or searching in YouTube for lectures relating to migration (such as Alan Manning’s LSE lectures, for example here ). You may be able to find podcast episodes covering these particular topics.

Another example is let’s say you had an interest in environmental economics. Then you could look into a podcast episode on carbon taxes (for example here ). You could then look into books, blogs or online courses on the topic and so on.

One possible way to structure your personal statement is to have one paragraph for each topic area. You could have a paragraph discussing labour economics, then another discussing the economics of crime, and a third paragraph discussing macroeconomic policy as an example. However supercurricular activities may not naturally group into topics. So you can choose to link them together in other ways, such as the type of activity or a common skill the activities show.

Several economics courses are looking for you to be proficient in mathematics. Hence it may be worth devoting some part of the statement to discussing economics supercurriculars that relate to mathematics, covering areas such as the use of calculus in economics, statistics, econometrics, game theory and so on. Alternatively you could simply includes pure mathematics supercurricular activities such as maths challenges or reading.

Activities to avoid mentioning

Ideally you should avoid mentioning books where economics and popular culture overlap. This includes books like Freakonomics and the Armchair Economist for example. While these are very enjoyable books to read in their own right, these books are too frequently mentioned and are often seen as too basic by some universities.

If you are applying to a very competitive university that does not interview, for example LSE, then it would be preferable to find books that are less frequently mentioned.

Work experience is not necessary for an application to an economics course. This is because work experience is often acquired through connections rather than ability, so it would be a poor indicator for admissions staff to use in assessing students’ abilities. Also work experience is often not directly relevant to the economics course. However work experience can be mentioned if you work on something that is relevant to the economics course, such as working as a research assistant or an economics journalist.

Generally you should not be mentioning your A-levels. Almost everybody applying is doing A-levels and so speaking about what you have covered in your A-levels will not help you to stand out. In any case your teachers will be mentioning your A-levels in your teacher reference anyway, so it is better to devote the personal statement to activities beyond your A-levels. If there are one or two relevant ideas from A-level that you really want to mention, as they are very relevant, then you can do so. But I would not recommend devoting a whole paragraph to your A-levels for example.

I have my supercurriculars. What next?

Suppose now you have your list of supercurricular activities. You can use these to form the main body of your personal statement.

For these activities, as above, group them into particular paragraphs. This grouping could be based on the topic of the supercurricular activities. You could aim for 2-4 activities per paragraph.

To discuss each activity I recommend three steps:

• Name the activity. For example name the book you read or name the essay competition title.
• Discuss what you specifically did. For example what did you write about specifically in your essay competition, or what was involved in your online course?
• Explain your personal takeaway. Did you agree with the book? Or did you find something particularly fascinating about the essay competition?

Note this is just one possible way of doing things. Depending on the activity you are discussing, you may find a different structure appropriate.

Between activities and paragraphs, it is often a good idea to try to create linking clauses. For example if you discussed your mathematical ability in one paragraph, then you could easily transition into discussing the use of statistics in economics in your next activity or paragraph.

I plan to expand more on how to write about your activities in a future article.

Other Paragraphs

I will now pay particular attention to other paragraphs you may need to write.

Introductions

Often students spend too much time trying to write a good introduction at the very start of the writing process. I recommend leaving the introduction until you have been writing about your supercurricular activities.

One mistake when writing introductions is to start with “from a young age” or “since I was five….”. This way of starting your statement is far too common.

Instead you could jump into discussion of a particular supercurricular activity. This could be an activity that summarises well why you want to study economics for example. You might also have supercurricular activities that do not fit well into a particular paragraph. The introduction could provide a good place to put those kinds of activities too.

Extracurricular Activities

It is possible to put a small paragraph in the statement discussing your extracurriculars (in other words activities not related to economics), for example sports teams, societies, positions of responsibilities, other hobbies etc. Some universities will want to see you are well rounded candidate while others will only care about your academics. I recommend inspecting the applications pages of the universities you are applying to, in order to verify the importance of extracurricular activities to the universities you are applying to.

You may wish to round off your personal statement with a few concluding sentences. I have seen this done in a few ways:

• A short sentence summarising why you think you would be a good candidate for the course.
• A couple of sentences discussing the most important part of your application or something you want to emphasise. This could be a research interest in a particular area, or a particular strength within the field.
• Alternatively, if you think there is a common idea linking most or all of your personal statement activities, you could mention it here too.

See if you think any of these ways are appropriate for your statement. Alternatively you could find your own way to conclude.

Checking and Revising

Get your statement checked by multiple people. Also different teachers will give different advice, so do not feel like you have to accept one’s person entire advice (including my own advice). After all, this is your personal statement and nobody else’s.

In revising the statement, one process most students go through is cutting down characters to fit the UCAS character and line count limits. If you are exceeding these limits, see if you can make points more succinctly. Often a second pair of eyes is very helpful in this instance. Beyond that, you may have to choose one or two of your activities to leave out, based on which you think offers least value to your personal statement.

Best of luck in writing your statement. More will follow on specific ideas for economics supercurricular activities.

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20 December 2023

5 minutes read

Crafting Your Economics Personal Statement: Expert Tips from the Student Room with a Focus on Cambridge and LSE

Creating an effective personal statement for economics is a pivotal step in your journey towards studying at renowned institutions such as Cambridge and the London School of Economics (LSE) . This blog, drawing insights from the Student Room (TSR), aims to guide you through this critical process.

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• Understanding the Essence of Economics: Framing Your Interest

Developing a Strong Foundation in Economics

Your personal statement should begin by establishing your fundamental interest in economics. This can include how your fascination with the subject began – perhaps a particular book, a news article, or a classroom discussion sparked your interest.

Delve into how your understanding of economics has evolved over time. Discuss any relevant coursework, such as A-levels in economics and mathematics, and how these have solidified your interest.

It’s important to show a clear progression of your engagement with the subject, highlighting any key moments or experiences that have shaped your understanding.

Demonstrating Engagement Beyond Academics

In addition to academic achievements, your personal statement should reflect your engagement with economics outside the classroom. Discuss any economics-related books you have read, such as “Freakonomics” or “The Undercover Economist,” and how they have influenced your perspective.

Mention if you follow economic news in media outlets like the Financial Times , and how these resources have broadened your understanding of global economic issues. This section should illustrate your active interest and self-motivated exploration of the subject.

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• Showcasing Your Academic and Extracurricular Achievements

Academic Excellence and Relevant Coursework

Your academic achievements are a cornerstone of your personal statement . Highlight your grades in relevant subjects, especially in economics, mathematics, and other related areas.

If you’ve undertaken any advanced or additional coursework, like an Extended Project Qualification (EPQ) in an economics-related topic, make sure to include this.

Discuss how these academic pursuits have prepared you for studying economics at a university level, focusing on any specific areas of interest or particular strengths you have developed.

Extracurricular Activities and Skill Development

Universities like Cambridge and LSE value candidates who are well-rounded and have developed skills outside of academics. Talk about your involvement in extracurricular activities, such as debating societies, economics clubs, or any leadership roles you have held, like being a school prefect.

Explain how these experiences have helped you develop skills relevant to studying economics, such as critical thinking, analytical abilities, and communication skills. This section should paint a picture of you as an engaged and proactive individual, capable of contributing to university life beyond the classroom.

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• Tailoring Your Statement for Cambridge and LSE

Understanding the Unique Aspects of Cambridge’s Economics Course

When tailoring your personal statement for Cambridge’s Economics course , it’s crucial to understand and articulate the distinctive features of their program. Here are some key points that set Cambridge’s Economics course apart:

• Cambridge has a long-standing reputation for excellence in economics.
• The course is known for its academic rigor and comprehensive coverage of both theoretical and applied aspects of economics.
• Cambridge boasts a faculty that includes world-renowned economists.
• The university offers ample opportunities for students to engage in cutting-edge economic research.
• The course emphasizes an interdisciplinary approach, integrating insights from history, politics, and sociology.
• This approach provides a broader understanding of economic theories and their real-world applications.
• Mathematics is a significant component of the economics course at Cambridge .
• This focus is ideal for students who have a strong background in mathematics and are interested in the quantitative aspects of economics.
• The course structure at Cambridge allows for a gradual specialization in economics.
• In the first year, students gain a foundational understanding, which progressively becomes more specialized in the second and third years.
• Cambridge provides access to a global network of alumni, leading to unparalleled opportunities in the academic and professional world of economics.
• The university’s resources, including libraries and research centers, are among the best in the world.
• The course offers opportunities for practical engagement through projects and dissertations.
• Students are encouraged to apply economic theories to real-world problems, preparing them for careers in various sectors.
• Regular lectures and seminars by guest speakers and eminent economists enrich the learning experience.
• These events provide students with insights into contemporary economic issues and debates.
• The curriculum includes a global perspective, discussing economic issues from both developed and developing world contexts.
• This broad approach is crucial for understanding the complexities of the global economy.
• Supportive Academic Environment:
• Cambridge fosters a supportive and collaborative academic environment.
• Small group tutorials and supervision ensure personalized attention and mentorship for each student.

By focusing on these unique aspects of Cambridge’s Economics course in your personal statement , you can effectively demonstrate your understanding of what the course offers and how it aligns with your academic interests and career aspirations.

Articulating Your Fit for LSE’s Economics Program

Similarly, for LSE, highlight what draws you to their economics program. LSE is known for its focus on the practical application of economics in the real world, so discuss how this approach matches your learning style and career aspirations.

Mention any specific LSE faculty members whose work inspires you or any unique opportunities at LSE, such as internships or study abroad programs, that you are particularly interested in. This will demonstrate your genuine interest in LSE and your suitability for their program.

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• Reflecting on Personal Experiences and Future Goals

Personal Experiences and Their Impact on Your Economics Journey

In this section, reflect on personal experiences that have shaped your understanding of economics. This could include any work experience in the financial sector, volunteer work, or personal projects related to economics.

Discuss how these experiences have contributed to your understanding of economics and your decision to pursue it further. This is also a great place to share any challenges you’ve overcome and how they have prepared you for a demanding course like economics.

For the best Economics University in the UK, check out this article: https://ambitio.club/blog/best-universities-for-economics-uk

Future Ambitions and How Economics Fits In

• Final Thoughts: Polishing Your Personal Statement

Reviewing and Refining Your Statement

Before submitting your personal statement , take the time to review and refine it. Ensure that it flows logically, your arguments are coherent, and your passion for economics is evident throughout.

Seek feedback from teachers, advisors, or peers, and consider their suggestions carefully. Remember, your personal statement is a reflection of your unique personality and academic journey, so it should be both authentic and well-crafted.

Q1: How long should my economics personal statement be?

Your personal statement should typically be about 4,000 characters, which is roughly 500-600 words, depending on the requirements of the application.

Q2: Can I use the same personal statement for both Cambridge and LSE?

While you can use a similar structure, it’s important to tailor your personal statement to each university, highlighting why you are a good fit for their specific economics program.

Q3: How important is work experience in my personal statement for economics?

Work experience can be a valuable addition, especially if it’s relevant to economics. It demonstrates real-world application of your skills and interest in the field.

Q4: Should I mention specific economists or economic theories in my statement?

Yes, if they have influenced your interest in the subject. This shows the depth of knowledge and engagement with the field.

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Table of Contents

• • Understanding the Essence of Economics: Framing Your Interest
• • Showcasing Your Academic and Extracurricular Achievements
• • Tailoring Your Statement for Cambridge and LSE
• • Reflecting on Personal Experiences and Future Goals
• • Final Thoughts: Polishing Your Personal Statement

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Up: Home > Your ambitions > Economics Personal Statement

• Economics Personal Statement

A personal statement is up to 4000 characters or 47 lines where you tell a University why you are a suitable candidate for the course. Unfortunately, there is no way of guaranteeing a place on your chosen course but a combination of a good personal statement and the right grades will certainly give you a good chance.

To offer you something useful, we asked senior Economics lecturers around the country what they like to see in an Economics personal statement;

1) Ensure the personal statement is grammatically correct and without spelling errors . Applicants have time to prepare and go over their statement over and over, as well as to get help from their teachers, parents etc. Sloppiness of this kind gives the worst possible impression .

2) Keep paragraphs short and to the point. This is easier to read than a big body of text – admissions officers are unlikely to spend a long time reading over the statement, so make the key points stand out.

3) I see little need to innovate by writing bizarre things so as to stand out – keep things clear, relevant and to the point, also statements such as ‘I have dreamt of studying Economics from when I was a small child’ are completely implausible and all too common! Show enthusiasm for the subject but back it up with evidence of this , such as relevant books you have read (but make sure you have indeed read them before an interview…if caught out lying, looks very weak – you would be surprised how often this happens), issues in the media or current affairs that interest you etc.

Emphasise the reasons why you’re interested in and want to study, Economics . What is it about the subject that makes you want to spend 3 years specialising in it? What especially appeals? If you’ve studied Economics before you might talk about some of the areas you’ve found most interesting; if not, then explain how you came to want to study it. I think this is an exercise that’s of value notwithstanding the personal statement: students who’ve thought carefully about their choice are more likely to make the right one and ultimately to enjoy success with their degrees . Both with this and more generally on the personal statement, be honest (for your own sake as much as the selector’s, remembering that any exaggerations and poorly thought out statements are likely to be exposed in the event of any interviews ) and resist the temptation to write what you think the selector wants to hear (e.g. “I have always loved Economics ever since I was 2”) or to try and flatter (e.g. “I welcome the chance to study at your esteemed institution”); both are likely to sound insincere, won’t convince and will therefore, add little value. Just be yourself, and be both interested and interesting!

Paragraph 1 – give a general introduction of why you wish to study Economics; this might include a particular aspect of the subject that fascinates you (though explain why), when your interest was peaked and how a degree in Economics fits in with your future career aspirations.

Paragraph 2 – give a brief account of why you are suitable for the degree(s) in questions, highlighting relevant A-level courses taken and aspects of them that were of interest. Give academic and non-academic reasons -applicants tend to focus on what they would take from the opportunity to study towards a particular degree- it is nice to explain how they hope to contribute also to the social fabric of the university and interaction within the course/degree.

Paragraph 3 – give evidence of interest for Economics by listing one or two popular Economics books (e.g. Freakonomics, Superfreakonomics, the Armchair Economist, the Bottom Billion…the list goes on) that you have read. Rather than giving an implausibly long list of books read, focus on one or two (or three if the course is a joint honours degree with other subjects) books and (this is crucial…) identify how the book/particular chapter/treatment of a particular issue fuelled your interest in Economics, in particular, what questions it raised in your mind that a degree in Economics would help answer.

Paragraph 4 – describe (briefly) any work experience/voluntary work, highlighting any aspects that are relevant to Economics. A few lines on hobbies or sporting activities could also be included – perhaps to show perseverance of enjoyment in interacting with others. Some interests e.g. debating, are arguably of more relevance than say, golf.

Somewhere in the statement – if applying from overseas, list the qualifications attained in English language and perhaps say a few words on how studying Economics in the U.K. is of particular value to you.

Paragraph 5 – list any awards, prizes etc attained or participation in things like the Model UN or Duke of Edinburgh awards. Some applicants are involved in Target 2.0 and in doing so get a first-hand feel of the role of monetary policy and how interest rates are set and inflation targeting. These are relevant to the statement.

A statement that follows the structure above should give enough information to satisfy most readers and should appear structured, well-written and clearly thought out.

Vague statements of interest with broad sweeping statements of unbridled enthusiasm for the subject lack credibility if not backed up by specific activities/books read/courses taken etc. In my view, a straightforward personal statement that gets all the core points across in a coherent way serves the purpose best.

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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. 

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Economics and Finance Personal Statement

Over recent years I have developed a passion for looking at current events and how they affect the economy. This interest originates from the enjoyment I get from using maths to analyse a problem, as many situations can be explained clearly using maths. Economics is a subject that is very much alive and this is what makes it interesting to me. Every day there are new situations that economists can explore and analyse and I find this prospect extremely exciting.

Studying Pre-U Economics has increased my enthusiasm for the subject as I enjoy following macroeconomic debate in the UK and learning how globalisation changes markets. I have gained insights about how firms have had to react to globalisation and how nations use protectionism as a way of preventing industries from collapsing. The analytical skills that I have developed in Physics have proved particularly helpful as I can transfer these skills to Economics, despite them being quite different subjects. I enjoy following financial markets where you can see how the economic impacts of global events play out and have recently setup a paper trading account.  The trading application helps further my understanding of the impacts of economic events.  I can test my hypothesis of a particular event against the change in markets and improve my understanding.

I became interested in the socioeconomic elements of development and international aid after reading ‘Dead Aid’ by Moyo. The idea of ‘trade not aid’ resonated with me and led me to conduct further research which led me to conclude that having a skilled labour force would be more economically beneficial than trade. Reading ‘Awakening Giants’ by Bardhan gave an interesting insight at the speed at which China has become a leading economy.

I have also enjoyed exploring the world of economics through work experience, the first of which was with Tradition, a global financial services firm.  I learnt how to analyse and rank different trading strategies based on historical data modelling.  At Guardian Stockbrokers I witnessed in real-time the impact of macro and microeconomic data on different asset classes. I set up a demo trading account on the company’s platform to experience first-hand how the slightest change in the economic outlook  can influence the market price. Last summer I secured a place in HSBC’s work experience programme for 6th form students. I learnt about different aspects of retail banking and gained insight into how a retail bank works. This helped put some perspective as to how banking has changed over the years after the financial crisis.

Last year, I was selected to represent my school in a Physics symposium and as part of the team my role was to apply my analytical skills and communicate the results to my team. This opportunity helped with my team building skills.  I have also experienced how to set up a company and run a profitable business when I was appointed the company Financial Director for the young enterprise scheme. I gained insight into how to conduct meetings and improve my presentation and negotiation skills. I enjoy playing classical guitar and have had the opportunity to perform in school concerts throughout my school years. As an active member of the school Charity and Community Service committees I help the local community by volunteering at the day shelter for the homeless and the YMCA cafe. This experience provided me with a different perspective on life. Throughout school I have captained and toured with many school teams playing tennis, football and cricket.

Everyday something new happens in the economic world, I would love to be part of an undergraduate course that analyses these events. This is why Economics is my chosen course and I look forward to expanding my knowledge in this field at undergraduate level and, hopefully, further.

This student also took a year abroad too. 

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Top Tips for an Oxford E&M Personal Statement

Oxford economics & management personal statement – top 10 tips: do’s and don’ts.

The Oxford E&M Personal Statement is a crucial component of your university application. It presents a unique opportunity for you to differentiate yourself from other applicants. You would be able to articulate your story and explain your interests beyond that of numbers on an admissions test. Furthermore, it gives the interviewer a chance to understand who you are. It also provides a platform to bounce off questions during your interview. 

They can tailor questions to your personality, interests, and commitment to who you are as a person and your amalgamation of experiences before you. To guide you through the arduous university application process, our Oxbridge application experts have compiled a list of top 10 Oxford Economics & Management Personal Statement tips. This includes dos and don’ts– for your Oxford Economics & Management Personal Statement for the 2024/25 application cycle.

General Advice for Oxford E&M Personal Statement

The Economics and Management degree at Oxford is grossly concerned with how organisations and the economy operates. It also involves how the world’s scarce resources are allocated to achieve organisational objectives. The economics branch examines how this allocation is influenced and determined by governments, consumers, and firms. It goes further into how they influence each other and are intrinsically linked to one another. Management, on the other hand, examines how to coordinate and use labour and resources effectively within a firm, such that its desired objectives are met. 

The knowledge from both economics and management are complementary, with the understanding of each intended to support and strengthen the other. Hence, when writing your Oxford Economics & Management personal statement, incorporate your interest and understanding of both fields. Furthermore, when planning out your Oxford personal statement, make sure you research Oxford’s achievements in their relevant fields. Use it as a guide to illustrate your interest in Economics and Management.

Top 5 Tips for Oxford Economics & Management Personal Statement

1. explain why you are a good fit for economics & management ..

Economics and management students would have vastly different personalities and interest profiles from that of students from other courses. For example, economics and management students should be particularly able to have flexibility. They should also demonstrate their ability in constructing and assessing arguments.  You should be able to demonstrate that you display these desirable qualities in your Oxford Economics & Management personal statement. You can do so by referencing experiences that you have gone through that have caused you to be equipped with such traits. For example, you can show that you are flexible in constructing arguments through past debate competitions, or essay competitions that you have participated in or won. An experience might not be directly related to economics and management. However, the skills and qualities that you could have picked up from going through that experience are transferable. They could also be useful to you as an economics and management student.

2. Having a strong understanding of what the economics and management course entails .

Usually students’ understanding of a particular course of study is shaped by what they have witnessed in films or from their high school experience in related subjects. Some students may have taken economics in high school, which would definitely lay a good foundation for the course. However, definitely do not expect your university experience to be one and the same! Some students may consider the course to be too math-heavy as per their expectations, or they did not be expecting to write as many essays. Do ensure that you thoroughly research the course syllabus and have a realistic understanding of what the course entails. Demonstrating a pragmatic and sensible understanding of the course in your Oxford Economics & Management personal statement would also be favourable in your application. You can illustrate that you are a good fit for the course. Furthermore, it can display to Oxford tutors that you have a thought-through and reasonable motivation for wanting to study Economics and Management. For example, you can explain that you enjoy being able to study both essay-based and mathematics elements.

3. Being well-read in economics and management .

It is always recommended that you display that you are well-read in your Oxford personal statement. This is because it is a great way to display that you are interested and passionate about the subject. It also shows that you are a wide reader and are comfortable with perusing large volumes of text. This is a handy skill in any humanities or academically vigorous course.  Some books that are relevant to the economics and management course include End this Depression Now by Paul Krugman. You can also read The Bottom Billion by Paul Collier. Do keep in mind that reading is not only restricted to books! This could also include news articles, magazine columns, or even podcasts, documentaries, or Youtube videos! Finding a medium or format that is more accessible or tailored to your style of learning would be a great way for you to incorporate more content into your everyday lifestyle. For example, you could listen to a podcast when you are travelling to school instead of listening to your usual playlist.

4. Allowing yourself sufficient time to write your Oxford Economics & Management personal statement .

Many people mistakenly think that they can leave their Oxford Economics & Management personal statement to the last minute as it is only a 4000-character count essay. However, remember that you need time to redraft your Oxford Economics & Management personal statement multiple times. You also need to buffer enough time for seniors, friends, or career guidance counsellors to take time out of their schedule to read your Oxford personal statement. They can provide feedback on your work, and you can refine it based on their comments!

5. Having a good structure .

Structure matters a lot when writing your Oxford Economics & Management personal statement. It enhances readability. It also allows you to communicate exactly what you intended to your admissions tutor without anything being lost in translation! A good structure would include a short introduction paragraph briefly introducing why you want to study economics and management. Next, your body paragraphs could highlight desirable qualities and traits. These could include those that an economics and management student should have. It could also include aspects of the course that aligns well with your interest or type of personality. You could lastly conclude by summarising key points that you would like your Oxford tutors to take away.

Top 5 things to AVOID for your Oxford Economics and Management Personal Statement

1. mentioning and listing every experience and achievement that you have done ..

Even though you would have done a variety of activities and experiences in high school, not all of them would be relevant in your application to be an economics and management student. Many students misunderstand the application process, thinking that Oxford is looking for the most decorated, well-rounded student. However, they are instead looking out for the student who is a good fit for the economics and management programme instead. You could be the perfect student, but that does not mean you are the perfect economics and management student. There may be a specific experience that you definitely want to include in your Oxford Economics & Management personal statement but it is not relevant to the course. You can include it by talking about relevant qualities or skills that you have picked up from the experience. For example, volunteering and mission trips might not seem directly relevant to economics and management. However, you could explain it by stating that they initiated your desire to study economics as you hope to seek a deeper understanding of economic policies that can help reduce inequality or poverty.

2. Focusing your Oxford Economics & Management personal statement on economics or management and not both.

Do not forget that the course that you are applying for includes both economics and management, and the course syllabus is roughly split equally between the two! If you only focus on economics or management and leave out the other, this could signal to your admissions tutor that you are not clear on the course you are applying to. However, understandably, you would be applying to five different schools and courses in your university admissions. If you are applying to four other economics courses and Oxford’s economics and management programme is the only choice you are applying to, you can still mention both by leaving a section of your Oxford Economics & Management personal statement on management to acknowledge and show it.

3. Turning your Oxford personal statement into an economics essay instead of explaining your interest in the course .

Many applicants choose to mention an economic theory that got them first interested in economics, to use it as an opening to their Oxford Economics & Management personal statement or when they are explaining about a book or an article that they have read. However, do keep in mind that the focus of the Oxford Economics & Management personal statement should always be why you want to study economics and management and why the course would be a good fit for you. Do remember that Oxford tutors would already be extremely knowledgeable in their field. This means that regardless of how obscure or unconventional the theory that you are explaining is, you would not impress your Oxford tutors with it. They want to learn about you, and if they wanted to learn about a theory, they would read a textbook!

4. Not reflecting whenever you bring up a personal experience .

Whenever you mention an experience that you went through, always elaborate on it by linking it back to economics and management. For example, you could mention how the experience has caused you to pick up desirable traits that an admissions tutor would want in an economics and management student. You could also elaborate on how participating in such activities was due to your interest in economics and management, or how it grew your passion for it.

5. Exaggerating or lying about experiences in your Oxford Economics & Management personal statement .

If you are invited for an interview, the Oxford admissions tutors would be basing some of their interview questions on your Oxford Economics & Management personal statement. This means that they are likely to ask you to elaborate on some experiences or theories that you mentioned in your Oxford Economics & Management personal statement. If you exaggerated or lied about any experience that you have mentioned, it is likely that the Oxford tutor would catch you in the lie or realise that you were exaggerating. It is better for you to come off as authentic than deceitful, so be truthful when explaining your story!

→What is the Oxford E&M program?

The Oxford Economics and Management (E&M) program is an undergraduate degree program offered by the University of Oxford’s Saïd Business School. The program combines economics and management to provide students with a comprehensive understanding of business, finance, and economics.

→What are some tips for writing a strong Oxford E&M personal statement?

Some tips for writing a strong Oxford E&M personal statement include researching the program and demonstrating an understanding of the subject, highlighting relevant academic achievements and extracurricular activities, showcasing leadership and teamwork skills, and demonstrating a genuine passion for economics and management.

→What should be included in an Oxford E&M personal statement?

An Oxford E&M personal statement should include information about the candidate’s academic achievements, extracurricular activities, work experience, and personal qualities that are relevant to the program. It should also include specific examples of how the candidate has demonstrated leadership, teamwork, problem-solving, and critical thinking skills.

→How long should an Oxford E&M personal statement be?

The Oxford E&M personal statement should be no more than 4,000 characters or 47 lines, whichever comes first. Candidates should use this space wisely to showcase their strengths and demonstrate their suitability for the program.

→Is it important to tailor the personal statement to the Oxford E&M program specifically?

Yes, it is important to tailor the personal statement to the Oxford E&M program specifically. This includes researching the program and understanding its unique features and requirements, as well as demonstrating a genuine interest in the subject and a strong motivation to study at the University of Oxford.

→How important is the personal statement for the Oxford E&M program?

The personal statement is a crucial part of the Oxford E&M application process as it allows candidates to showcase their passion for the subject and their potential to succeed in the program. The personal statement also provides the admissions team with insight into a candidate’s motivation, academic background, and personal qualities.

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Msc economics personal statement example.

Economics is a social science that uses mathematical models and empirical evidence to understand how people use resources, produce goods and services, and interact with each other to create economic systems. The study of economics plays a vital role in helping us understand how the decisions we make as individuals and as a society affect the financial well-being of our community. The overarching goal of my MSc program in Economics is to provide me with the knowledge and skills required to become a successful economist by equipping me with the necessary theoretical knowledge and analytical tools to understand and analyze the economic behavior of individuals and societies. This program would help me to develop strong quantitative skills which are critical to the field of economics and would allow me to pursue a successful career in academics or private sector banks.

My background in the field of economics has provided me with a solid foundation in the basic concepts of economic theory and helped me develop a strong proficiency in the use of statistical and econometric methods. I have significant experience in conducting empirical research projects and developing a sound understanding of complex empirical phenomena. I have also gained considerable experience supervising research projects and student projects and have worked on several different research projects involving various methodologies and statistical models including factor analysis, regression analysis, difference-in-differences, and multiple regression. In addition, I have developed a thorough understanding of the theories and methods of microeconomics and macroeconomics and have gained a solid experience of the different concepts in economics and their application to the real world.

I believe that I am well prepared to embark on a career as a successful economist and that this program would be an excellent way for me to advance my career goals and achieve my dreams of becoming a successful economist. I have a strong desire to succeed and a passion for the field of economics which will allow me to excel in this program and become a valuable asset to my future employer. I have a background in economics from one of the leading universities in Pakistan and a bachelor’s degree in Economics from a university in the US. I have been awarded the Dean’s Honor List every year during my undergraduate studies and my academic record has been consistently good throughout my academic career. I have been an active member of the Economics Association and have been organizing and leading seminars for undergraduate students. I also have a passion for research and have been a research assistant for several professors and Ph.D. students.

Please feel free to contact me if you have any questions regarding my application or my current educational goals. I look forward to your response and am grateful for your time. My name is XXXXX XXXXX and I currently live in the United States. I am a first-year graduate student at Vanderbilt University and I am enrolled in the Master of Professional Studies in Applied Economics and Management program. This program will give me the skills and experience I need to successfully enter the workforce as an economist once I graduate. My previous education has helped me develop a strong analytical skill set and the ability to analyze complex data to solve economic problems. I also have a strong understanding of economic theory which I believe will help me excel in my career as a financial analyst in the future. I come from a highly academic and family-oriented background where I was taught the importance of hard work and dedication from a young age. I have always had a passion for economics and my parents have always been supportive of my educational aspirations. For these reasons, I decided to pursue a degree in economics and pursue a career in this field. I am extremely passionate about my career and would like to work with the government one day to help improve the economic conditions of the people of Pakistan. Therefore, I am applying for this graduate program to gain the knowledge and skills I will need to succeed in my career.

As a graduate student in this program, I will gain the necessary skills and knowledge needed to become a successful financial analyst.

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