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personal statement for university economics

What to include in a Personal Statement

personal statement for university economics

Personal Statement Tips

Personal statement examples economics personal statements.

Discover personal statement examples written by students accepted onto economics and related courses. Read through the examples to help shape your own personal statement.

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personal statement for university economics

Economics Personal Statement Advice

The best business economics personal statement examples describe a student’s interests, goals, strengths and motivations. It gives the uni a picture of who you are and why you will be successful with them. Beyond undergraduate study, a postgraduate economics personal statement is still essential and covers many of the same themes. Whether it’s an economics masters personal statement or an economics PhD personal statement, it’s important to give yourself the credit you deserve, and present yourself as winningly as possible. Start planning your business and economics personal statement by brainstorming ideas: what skills make an effective student, and how can you demonstrate those skills through past experiences or achievements? You might find it helpful to work with a financial / economics personal statement layout. That way, you can focus on high quality content and not worry so much about the structure. Always allow time to return to your draft to make changes, and proof-read for spelling and grammar. Business departments expect attention to detail, and errors can undermine a personal statement for economics degree students. Keep it professional! If you’re going for joint honours, tailor your statement to suit those particular subjects. A business management and economics personal statement might mention a role of responsibility, such as a position on your college’s student council. Or for an economics and finance personal statement, you could mention managing the budget for entertainment at the leavers’ prom. Don’t list endless clubs or musical awards if you can’t link them to the programme. Earning an entry-level swimming badge ten years ago is nice, but is it really going to enhance an economics and accounting personal statement? Be choosy with your details so that course leaders notice high quality skills, not filler or waffle.

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

personal statement for university economics

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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7 Economics Personal Statement Examples | With Analysis

What makes a great personal statement?

How do you improve your chances of achieving a university offer in economics?

In this post I will give some personal statement examples and discuss what the best economics personal statements do well.

Key features that great personal statements share

Disclaimers, evolution of economics personal statements, what makes a great economics personal statement, key features that great personal statements share: a reminder, lots of supercurricular activities, personal insights about such activities, demonstrate key skills, a well written essay, more economics personal statement advice, latest posts.

This diagram shows my summary of what makes a great economics personal statement. Based on my experience as an economics tutor and economics personal statement examples, here are four qualities that make personal statements stand out.

4 tips | what makes a great economics personal statement?

I explore these categories further below and in my ultimate economics personal statement guide.

For my ultimate economics personal statement guide, check out the link below:

Firstly, here is a list of ten economics personal statement examples available online.

Also below, there is analysis of what makes a great economics personal statement.

To learn how to improve your economics personal statement, check out the link below by clicking the blue button:

I cannot guarantee that the personal statements linked above achieved the university offers claimed on those pages. Nor can I claim that each statement is 100% perfect.

By linking to these sites, I do not endorse any of the sites linked above.

You should not copy any part of the personal statements above. Doing so is plagiarism and can lead to the disqualification of your university application. Instead learn from the techniques and kinds of things mentioned in their statements. See specifically the rest of this article for what we can learn from these personal statements.

A proportion of the samples above are relatively old (five to ten years ago or more).

For some universities the personal statement is more important for applications. Consider for example LSE and UCL, top universities where there are no admissions tests or interviews.

We can look at more recently written and publicly available personal statements.

Based on these, here are some observable trends in recent years among the best performing economics personal statements:

  • More supercurriculars relative to the above personal statements.
  • More reference to undergraduate-level economic theory. This can show further reading and an ability to potentially do well in the undergraduate course.

In this section I am drawing on my experience as a tutor about what makes a great personal statement. I am also using the available online examples of economics personal statements and the criteria listed by the top UK universities.

Such statements are by no means always perfect, yet they show the qualities and skills that allow students to attend the best universities.

These examples allow us to analyse what makes a great personal statement and also where students often go wrong with personal statements.

As a reminder, here are the four features of great economics personal statements mentioned above:

  • Lots of supercurriculars
  • Highlighting key skills
  • Personal takeaways

Here is a breakdown of these categories:

What activities have you completed, outside of class, that relate to economics? Have you read a book, entered an economics-related competition, or watched an economics lecture? These are examples of supercurricular activities. I consider these a key focus for the best personal statements and I discuss these further in my economics personal statement ebook. These show your motivation to study economics which will be critical if you want to study the subject for three years at university.

For more on supercurricular activities, click the link here:

These are what I refer to as “personal takeaways” later in this guide. What did you learn from the supercurricular activity? Detail is very important, both for showing a high level of understanding and also to convince the person reading your statement that you actually completed the activity. This should go beyond just recalling the activity – maybe there is something you learnt from this activity or something you read that you disagreed with. We discuss how to write about personal takeaways in the ebook.

For more information about how to use supercurricular activities in your statement, including how to generate personal insights, click this button below:

Obviously you should try to show academic ability in economics and motivation to study economics. But what other skills are useful to show in a personal statement? 

While there are many skills that could potentially be useful, I draw your attention for now to two key skills: Ability in mathematics and independent study (including research). Evidence from supercurricular activities that you have these skills will help convince admissions staff. Moreover these skills will help you in the economics course.

What constitutes a “well written essay”? 

Your personal statement should be well structured, with effective links between ideas and paragraphs. The grammar should be completely correct, that is  there should be no mistakes. 

Finally consider your vocabulary – can you embed economics-related terminology into your personal statement? You can use a thesaurus but do so with caution – sometimes it is obvious where a thesaurus has been used (and often the new word used does not make sense in that context!).

For more economics personal statement tips or for economics university application advice, check out the link below:

For A-level Economics resources, click the link here:

  • The economics of why people give gifts
  • What economic theory says about immigration
  • How the UK tackles market power, mergers and big tech
  • Why governments save some firms but not others
  • 3 Economic Fallacies Explained

personal statement for university economics

Undergraduate Personal Statement Example: Economics

personal statement for university economics

With so many university personal statement examples available, how do you know if you’re reading a good one?  

After all, personal statement examples can teach you how to write and structure your application, and you can quickly learn how to write a personal statement by examining others.

Reading examples of personal statements can be valuable when applying to a university or college course. But what exactly should they contain?

Undergraduate personal statements should highlight relevant academic and practical experience, academic skills, ambitions and suitability for the degree field. This undergraduate personal statement example for Economics clearly illustrates these three critical elements.

Undergraduate degree personal statement examples are sometimes referred to as personal mission statements or statements of purpose , so if you’re tasked with writing a personal mission statement, the following example will work for you.

I’ve broken down this personal statement example section by section, with a commentary on each element. 

That way, you’ll see its strengths and weaknesses and get some inspiration for your own personal statement .

Once you’ve read the personal statement example and analysis, you can download a pdf of the whole document to use as inspiration for your own!

personal statement for university economics

Personal Statement Example: Introduction

“The unprecedented pace and scope of global economic change shape our lives in unfamiliar and complex ways. The COVID-19 pandemic, Russia’s war in Ukraine and the rising surge of authoritarian populism in Pakistan all challenge social and financial norms, leading to unpredictability in individual behaviour and international markets. Having experienced first-hand the vastly differing economies of the UK, Pakistan and Qatar, I have developed an interest in how economics affects education, employment and income. Comparing each country’s response to the pandemic and observing the long-term impact of the decisions taken, I’m keen to learn which new ideas will replace the old paradigms, how inflation can be tamed without triggering a recession, and whether it is possible to grow global prosperity without exacerbating inequality at a national level.”

My Commentary and Analysis 

This writer begins this personal statement example by displaying an informed and comprehensive understanding of global politics and current affairs. Although this doesn’t seem directly connected to the study of economics, it’s actually a sophisticated way of introducing the topic. Economics and global affairs are inextricably linked, and displaying this knowledge allows the writer to evidence their knowledge comprehensively.

They then outline their global experience and begin to suggest the ways in which global politics and finance are interconnected. In doing so, the writer introduces their motivations and suitability confidently.

If you’re struggling with your personal statement introduction, check out my article on how to write perfect opening paragraphs here .

personal statement for university economics

Personal Statement Example: Section 2

“I thrive on undertaking research into current financial issues and sharing my perspectives with the world. Following the IMF’s reporting of US tariffs on Chinese imports, I analysed how economies rival one another as part of a wider war of geopolitical positioning. Additionally, I examined the US withdrawal from Afghanistan and its economic effects on neighbouring countries. My articles ‘How the US-China Conflict Affects Asia’ and ‘The Economic Impact of the Afghan Crisis on Pakistan’ were featured in Pakistan’s New Reporter newspaper.”

My Commentary and Analysis

Here the writer outlines their research and clarifies their understanding of international trade and finance a little more broadly. This works well, as it adds some depth and development to the previous section without repeating content. 

The theme of international trade continues throughout this personal statement example, but the impressive aspect here is the reference to the articles that the writer has published. Again, this is an important aspect to include as, for an undergraduate example, it establishes the writer as a uniquely qualified and motivated candidate. 

It’s unusual for an undergraduate applicant to have this level of experience and clarity of motivation, so don’t worry if that isn’t something you have achieved yet. The key thing is to make the most of each experience you have and outline its value to your application and ambition.

If you’d like to learn more about how to structure your personal statement or statement of purpose , check out my awesome Personal Statement Template eBook here . It’s full of detailed examples of what to include!

personal statement for university economics

Personal Statement Example: Section 3

“My relief work has exposed me to many societal disparities, fuelling my interest in economics and finance. I’ve witnessed first-hand the interplay between poverty and the economy and researched economic theories and their implications in real-world contexts to understand these real-life complexities. Deeply moved by the impact of the pandemic lockdowns on those reliant on a daily wage in underserved communities in Pakistan, I was inspired to set up a youth team for the food charity FoodShare and distribute warm meals through the uncertainty of constant lockdowns. This led me to research and discover theories such as Sens, which focused on income inequality and capability deprivation.”

The writer outlines their philanthropic and relief work with relevant examples, all of which serve to establish their understanding of the role of economics in real-world settings. 

The focus is beginning to move away from economics, and whilst the content is impressive, it would be sensible to relate the material to the subject area a little more fully at this stage in the personal statement.

Check out lots more examples of personal statements here , and see how they can inspire your application!

personal statement for university economics

Personal Statement Example: Section 4

“Initiating a drive to plant trees as a member of my college’s Green Club, I realised that a financial incentive for growing trees, given directly to landowners in underserved urban and rural communities, would contribute precisely to the economic stimulus they need. My findings were substantiated when I read Dambisa Moyo’s ‘Dead Aid’. I admire her views on development in low-income economies and her arguments for using trade as a growth and development strategy in Africa rather than relying on government-to-government aid. It is experiences like these which have convinced me to pursue this course of study.”

My Commentary and Analysis: 

This is a highly complex paragraph in many respects. It outlines an additional aspect to the writer’s experience and motivation and gives the reader a deeper sense of the engagement the writer intends to have with the subject matter.

Offering evidence of research increases the writer’s range of academic skills and suitability for the course. This is important at this stage of the personal statement, as there have been few references to academic or transferable skills before this point. 

Undergraduate personal statements usually focus on the academic skills developed in further education. As this applicant has focused on other elements, it’s good to see the writer has begun to reference them at this stage.

The one thing that all successful personal statements have in common is that they are concise, engaging and accurate in spelling, punctuation and grammar. Consequently, I always recommend Grammarly to my students and clients. 

It’s an outstanding tool for ensuring your personal statement is rich with detail whilst hitting those all-important word limits. Check out the free version of Grammarly here , or hit the banner for more information.

personal statement for university economics

Personal Statement Example: Conclusion

“My commitment to degree-level economics is reflected in my decision to study A-level Law during my gap year. This has developed my essay writing, analytical and critical thinking skills and taught me to apply logic and reasoning to reach decisions. Equally, attending the Young Leaders summer program at Buckley University last summer allowed me to develop my project management, team building and leadership skills whilst learning about sustainable development goals. I researched the pandemic in Canada and terrorism in Somalia and presented my ideas from an economic viewpoint, arguing how a country’s stability is directly interlinked with its economic growth, affecting the sustainability of development goals. I valued the opportunity to represent my team and take the lead in public speaking and debating at the Oxford Union Chamber, and was proud to win the ‘Best Debating Team’ prize. I won first prize in the Marshall Young Mathematician competition whilst at college, allowing me to put my mathematical, logical reasoning, problem-solving and analytical skills into practice.

A diligent, dedicated and motivated student, I’m confident that my personal qualities, practical experience and academic interests will fully support my commitment to reading for an economics degree.”

The first paragraph above is, perhaps, the most effective and relevant in this personal statement. This is because previous academic skills and experiences are referenced, and their value is considered in relation to the degree course applied for.

The writer then outlines their co-curricular activities. These are highly relevant and impressive examples, and including them here shows the scope of the applicant’s commitment and quality. Referencing the award the writer achieved and considering the transferable skills gained is a compelling strategy that adds to their suitability for the degree.

In summary, there are some significant strengths in this personal statement example. The applicant is mature, engaged and accomplished. They show a range of experiential and practical skills, and the depth of their achievements makes them highly suitable.

In contrast, there’s a lack of formal academic depth here and not very much content that reflects the writer’s personality. Equally, there could be a wider reference to the value that the writer would bring to the university environment.

For more great advice, check out my article on writing an excellent final personal statement paragraph here .

personal statement for university economics

Click here or on the banner below to get your free download of this complete personal statement example . 

personal statement for university economics

Whether you’re looking for personal mission statement examples or an example of personal purpose statement, I hope this personal statement example has been helpful. Above all, I wish you every success in your academic career. 

If you’d like to work with me to develop your personal statement 1:1 and write a powerful mission statement, I’d be delighted to hear from you. 

Find out about my personal statement support services by clicking here or on the image below.

personal statement for university economics

Research and content verified by Personal Statement Planet .

David Hallen

I've worked in the Further Education and University Admissions sector for nearly 20 years as a teacher, department head, Head of Sixth Form, UCAS Admissions Advisor, UK Centre Lead and freelance personal statement advisor, editor and writer. And now I'm here for you...

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How to Write an Economics Personal Statement

personal statement for university economics

Many students are unsure of how to write an Economics personal statement as they haven’t written one before. Starting your personal statement can be daunting, but you are not alone! We are here to give some pointers for students wishing to study Economics at university, particularly those applying to UK universities via UCAS. We have separated the process into three stages – research, writing and editing.

What to Research for your Economics Personal Statement

What to include in your economics personal statement, how to edit your economics personal statement, research your economics courses.

Research is vital for writing your Economics personal statement. First, you should have good knowledge of the Economics courses you are applying to. How does the university describe the Economics course (e.g. how Mathematical is it?). What content does the course include? Will your interested area in Economics be taught in the course?

Research Advice on How to Write an Economics Personal Statement

Second, you may want to read Economics personal statement examples from past applicants. This will give you some information what a good Economics personal statement includes, and what you should aim for. It is also good to look up any advice on writing personal statements. For example, this article you are reading! LSE also provides some general advice to writing any personal statement.

Research Which Aspect of Economics you are Interested in

Finally, you should research into the topic in Economics that you are interested in, which we will discuss more below. Google Scholar is a great way of searching for academic papers/essays regarding a specific Economics topic you want to learn more about. Another option may be to look through any suggested texts/reading for the university course you are applying to – does any topic in particular catch your eye? Finally, our article on Economics books to read for your personal statement may also help.

An Economics personal statement consist of many different components, and we explain the reason behind including each one in the sections below.

Area of Interest in Economics

In your statement, more than half of it should be used to show academic interest for a key topic/theme in Economics. The topic can be an extension to A-Level/IB syllabus that is slightly more advanced, or it can be something that will be explored further at degree level. This shows your understanding of Economics, and is a good opportunity to impress the admissions tutor with your enthusiasm. Remember – if you are interested in studying Economics, you should be self-motivated to learn more than what you are required to! Ideally, the topic/theme should also be tied to your personal reason to study the subject. This will make your interest more genuine, consistent and convincing. Have a specific topic in mind? Ask us about it !

Your Opinion on Economics

It is all well and good to explain what aspect of Economics you are interested in. However, that is not enough – admissions tutors would want to know your opinion on the issue/concept you discussed. They want to understand if have processed and understood what you have learnt, rather than just regurgitating it. It also demonstrates your ability to think and evaluate about a topic in Economics critically, showing independence of thought.

Motivation to Study Economics

Of course, you need to specify why you wish to study your subject in your statement. It is important to figure out a good reason here that is relevant to you personally, in order to stand out. Avoid generic reasons like ‘I wish to study Economics to understand the world better’ or ‘I wish to study Economics as my father works in finance’. Think deeper – what is it that is uniquely different about your environment, or what you experienced, that causes you to be interested about Economics?

Interest in Mathematics

For most, if not all Economics courses, there is a large amount of Mathematics involved. This is because Economics pursues a more scientific approach via Mathematical Modelling and Econometrics at higher levels of study. Hence, it is important for you to demonstrate your interest in Mathematics, and the use of it within Economics. You can reduce emphasis in this component if the course you are applying for involves less Mathematical modules.

Extra-curricular activities

It is important to include some extra-curricular activities relating to Economics, as it demonstrates your interest in the subject outside of your studies. Ideally this can relate to your area of interest in Economics and your motivation to study the subject. The activities can range from anything such as reading books on Economics , attending Economics events, to having a related work experience. If you want to include any experiences not relevant to Economics to show what you are like as a person, that is certainly acceptable, but should be less than 25% of your statement. Ask our Economics admissions advisor a free question below if you would like to know more about the various activities, and how to write about them.

Please enable JavaScript in your browser to complete this form. Ask Wilfred a Free Question on GCE, IB or GCSE Economics * Email * We will answer your question by email and send you relevant notes/materials for your Economics course. Email Ask

After a first draft, it is important for you to get someone to review your Economics personal statement. This can help give you an objective perspective on what others think. Show it to your careers advisor at school, your Economics teacher, your Economics classmates, maybe even parents/siblings that have gone through a similar process. Of course, those who have more exposure to the subject may be a bit more helpful, like someone who applied for an Economics degree a few years ago. If you need professional, personalized advice on your Economics personal statement, you can reach out to our qualified admissions advisor for suggestions. After receiving feedback, you can edit your personal statement accordingly, taking into account each reader’s unique perspectives. You will then have to compare the suggestions and decide which parts/sentences to keep, change or remove. After many changes/edits your personal statement will finally be concise, unique and polished enough for submission!

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Successful Personal Statement For Economics & Management At Oxford

Last Updated: 22nd April 2020

Author: Adi Sen

Table of Contents

Welcome to our popular Personal Statement series where we present a successful Personal Statement, and our Oxbridge Tutors provide their feedback on it. 

Today, we are looking through an Economics and Managment applicant’s Personal Statement that helped secure a place at Oxford University. The Economics and Management Course at Oxford examines issues central to the world we live in: namely how the economy and organisations function, and how resources are allocated and coordinated to achieve the organisation’s objectives.

Read on to see how this candidate managed to navigate the many disciplines of E&M. 

Here’s a breakdown of the Personal Statement:

SUCCESSFUL?

The universities this candidate applied to were the following:

The World’s First Oxbridge Preparatory School

Economics and Management Personal Statement

Economics is the study of now. I view it as the study of the psychology of the people who dictate our lives. The world around us is shaped by the fundamental concept of supply and demand, wants and needs, goods and services. What grips me is that everything I have studied I can apply to real life. Discussions about inflation, for example, are so applicable since its current status is active in the world of pricing; the price of a Big Mac and “Burgernomics” is something to which I can relate from my travels.

The statistical aspect of economic analysis is closely linked to my interest in Mathematics, thus I will take an Econometric route on option modules. This scientific approach to what is otherwise a field-based solely on individual theories and concepts interests me, as I find quantitative analysis much more accurate and reliable than qualitative theories. As an example, I relish analysing more Econometric models on the A-level Course: like Profit Maximisation calculations.

Despite this, Economics intertwines both Maths and Philosophy on a regular basis. I recently read an article from the Guardian by George Monbiot, which discussed the cost-benefit analysis model and whether nature could be quantified as a tangible asset, and how this would benefit neo-liberals in their perpetual quest for profit. This is just an example of how Econometric analysis does not always deliver such verisimilitude where the figures given are ambiguous. This is what is unique about Economics: there is no right answer to the question ‘Is there a right answer?’ The concept of there being methods of analysing the psychology of and nature behind the way that the interface between consumers and producers operates seems to exceed all other subjects in terms of interest.

I find it peculiar that a subject that has such a ubiquitous undercurrent in our society is so undefined and obscure; it is undoubtedly this which draws me to it. Consequently, I strive to keep up with Economics in the modern world by reading the “I” and “Guardian” newspapers, and “The Economist” magazine regularly. For wider background reading I have read Marx’s “Communist Manifesto”, Tim Hartford’s “The Undercover Economist” and “Too Big To Fail” by Andrew Ross Sorkin.

Sorkin’s book provided a gripping, in-depth insight into the world of investment banking and entrepreneurship – I finished the book in a matter of days. His book has inspired me to enter the investment sector. Upon graduation I would like to become an investment banker or negotiator, hence I am in the process of trying to arrange some work experience with the London Metal Exchange.

I completed a programme of work experience with Linden Homes this summer, through the Career Academy Programme on which I am enrolled. It was a six-week internship during which I gained a firm understanding of a construction company’s place within the national economy. I enjoyed spending valuable time in a variety of departments within the firm. I also have work experience planned in Belgium in 2013.

Additionally, I participate in a multitude of extracurricular activities. My team and I finished second in the national UMPH Business Competition; in Year 11 my team set the school record for the Enterprise Day Challenge and for three consecutive years my team won the Grimsby Inter-School Quiz without loss. Furthermore, I am part of both the Franklin College Debating Team and the weekly “Blue Sky Club”, where students meet to discuss current affairs.

Recently, a particular subject of interest has been the US election. We frequently discuss the debates and the candidates, covering subjects like their political viewpoints and how it will affect both our lives and those of the American public – plus the potential Economic ramifications of the possible outcomes. With a genuine zeal for the subject and an ability to relate my studies to the real world, I am convinced that I will thoroughly thrive at degree level Economics.

For more inspiration, take a look through our other successful Personal Statement a nalysis articles:

Good Points Of The Personal Statement

The student gives a good insight into their academic interests and what’s inspired them to develop over time. They also demonstrate a passion for the subject, not only by stating their interest in it but by further explaining what interests them and why they would make a good candidate to study it at university. The student is already accomplished and explains well what they’ve gained from their various extra-curricular activities.

Bad Points Of The Personal Statement

The writing is weak and, at points, unnatural. The forced interjections of examples and unusual adjectives make it read like a student attempting to write a formal and formulaic exam essay. They would do better to write in their usual style, even if it is somewhat informal; this will allow them to better express themselves and they will come across as more interesting to those reading it. More importantly than this, however, at times, the student fails to keep up their otherwise good level of detail, and the writing becomes list-like.

This is particularly prominent when they discuss books they’ve read to develop their understanding of economics. Although they expand on one of these, they do so in little detail. Interviewers are unlikely to be impressed by simply mentioning that you’ve read a book – any student applying for degree-level economics is able to read The Communist Manifesto, for instance – but they will be impressed by your response to it and what you gained from the experience of reading it. Unless you expand on these details, a list of books you’ve read does nothing to contribute to the statement.

UniAdmissions Overall Score:

This statement is strong, except where it discusses academic work. The detail here was likely sacrificed in favour of expanding further on their extra-curricular activities and their particular areas of interest. However, they have limited discussion of their study of various classic economic works so severely that it fails to add anything to the piece. The statement would, therefore, benefit from a more balanced approach to the various areas of the student’s life.

We give this Economics Personal Statement a 4/5 as they have clearly projected their passion for the subject onto paper – the most important part of a strong Personal Statement – albeit this was at the cost of other factors that should have been covered in more depth.

And there we have it – an Oxford E&M Personal Statement with feedback from our expert tutors. 

Remember, at Oxford, the Admissions Tutors are often the people who will be teaching you for the next few years, so you need to appeal directly to them.

Our Free Personal Statement Resources page is filled with even more successful personal statements and expert guides.

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The Chronicle

'Shock and disbelief': Meet the two Duke professors recently banned from Russia

Charles Becker (left, courtesy of DukeEconomics YouTube) and Erik Zitser (right, courtesy of Scholars@Duke).

On the morning of March 14, Erik Zitser, librarian for Slavic, Eurasian and East European studies and adjunct assistant professor in the department of Slavic and Eurasian Studies, received a phone call from a reporter asking what he thought about his inclusion on a list of U.S. citizens sanctioned by the Russian government. 

His initial reaction was “shock and disbelief, as if I had suddenly found myself in an episode of ‘The Americans , ’” Zitser wrote in an email to The Chronicle. 

Announced in a statement by the Ministry of Foreign Affairs of the Russian Federation, Zitser and Charles Becker, research professor of economics, along with 225 other American citizens, were banned from traveling to Russia and would be sanctioned if they ever tried to enter the country. 

“The ban applies to those involved in conceiving, carrying out and justifying the anti-Russia policy adopted by the current administration of the United States, as well as those directly involved in anti-Russia undertakings,” the statement reads. 

“The decision is part of retaliatory measures in response to the massive and constantly expanding list of sanctions imposed by the American government on Russian citizens for supporting the Kremlin and the special military operation.”

The list comprises various U.S. citizens across the country with various levels of involvement in Russia, from a deputy U.S. trade representative to over 30 other professors who the Russian government says “have regularly made hostile statements or spread far-fetched allegations and outright slander about Russia’s domestic and foreign policy.”

This decision follows declarations by the Russian Foreign Ministry banning 56 Canadian citizens and 18 members of the United Kingdom’s military, political, scientific and academic communities . 

Both members of the Duke community speculated that their work adjacent to Ukraine and Ukraine-related issues may have been part of the reason they were put on the list, but they have no definitive answers.

“Only the bureaucrats who drew up the Foreign Ministry list really know how my name ended up on it,” Zitser wrote. “And until the Foreign Ministry archives are opened to researchers, there is no way to be sure how the list was drawn up.” 

Given that his work is primarily outside Russia, Becker suspects his place on the Kyiv School of Economics board earned him a spot. Similarly, Zitser assumes his role at Duke, a U.S. research institute “targeted by the Russian Foreign Affairs Ministry in this round of sanctions,” put him under scrutiny.

“The choice of candidates, however, seems to have been made arbitrarily and unsystematically,” Zitser wrote. “Many of the scholars who are most vocal in critically analyzing the conflict in Ukraine were inexplicably left off the list, while at least in one case, the compilers added the name of a center administrator.”

Zitser received his Ph.D. in Russian history from Columbia University and worked as a postdoctoral fellow, center associate and librarian at Harvard University’s Center on Russian and Eurasian Studies. 

He works to describe, develop and activate Duke’s Slavic collection, including its Ukrainian language holdings . 

“It is anyone’s guess whether my attempt to respond to the popular demand for reliable information about what was going on at the start of Russia’s military invasion and the online coverage that my public outreach efforts received in official university publications, such as Duke Today , brought my professional activity to the attention of Russian government officials,” Zitser wrote. 

On the other hand, Becker researches topics ranging from economic demography to trailer parks in the United States. Little of this research involves Russia.

Becker only found out he was on the list after a friend emailed him, he said.

Becker joined the International Academic Board of the Kyiv School of Economics in 2005. In his role there, he advises students on going to graduate school abroad and faculty on developing their careers. Despite his diminishing involvement in the role and decreasing demand for advising, he suspects the appointment earned him a place on the list. 

Receiving the news was “disheartening,” Becker said. “I’m old enough to remember what the Cold War was like.”

Neither sees this as having a tangible effect on their ability to conduct research and fulfill their roles at Duke. However, they say it speaks to the strained global ties between the U.S. and Russia amidst the war in Ukraine.

"Even at this stage, however, it appears that this state-sponsored act of cyberbullying has little or nothing to do with the people on it," Zitser wrote. "They are all pawns in a game of diplomatic tit-for-tat between two hostile governments."

'Pulled off the improbable': No. 7 Duke baseball sweeps Miami across 3 tightly contested games

Where to view monday’s solar eclipse, get free glasses on duke’s campus, no. 23 duke women's lacrosse lags behind no. 6 notre dame, falls on the road despite desimone hat trick.

“The list is an intimidation tactic typical of the Cold War,” he wrote. “And a reminder that the Cold War never formally ended.”

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Jothi Gupta is a Trinity sophomore and a university news editor of The Chronicle's 119th volume.

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Economics and finance personal statement example 15.

Through life's experiences, I have come to realise that the economy affects almost everything in the world. Newspapers dedicate more headlines to financial issues in comparison to other topics. This has led to the realisation that without a good stable economy the world could fall to its knees, for example, the Wall Street collapse of 1929 and the more current financial crisis which started in 2007. These factors have influenced my decision to study a finance and economics related degree in university.

I have always had a keen interest in the business environment therefore the BTEC certificate in Business combined with the Certificate and Diploma in Financial Studies I am currently studying at college has provided me with valuable insight into the world of business and finance. Studying Maths at A level alongside this course has helped to increase my understanding of financial calculations, i.e. ratios and cash flow forecasts. I was pleased to be predicted an A for my A level Maths as it reflects all my hard work and dedication. The Business course has provided me with the opportunity to broaden and increase my knowledge with regards to economic and financial issues. This was through the various assignments such as starting up and financing a small business. Through research, I identified that customer satisfaction is a key priority within business organisations. Therefore in order for a business to be successful they need to keep their customers happy.

It is my strong personal belief that like the saying: "Knowledge is power", the road to success lies through education, and in the financial market, knowledge about the economy and the risks involved is crucial if you want to succeed. This has led me to admire and respect successful entrepreneurs such as Sir Allen Sugar and Stelios Haji Loanu. Personally, I would like to work for an international leading bank facing different challenges whilst working in different environments. This will give me the opportunity to deal with financial decisions that will help increase corporate value whilst managing financial risks. The desire to make my community a better place encouraged me to undertake voluntary work. My current post as a Youth Assistant worker gave me the opportunity to organise various events, with the aim of bringing the youths together. This helped to develop my team working and social skills. It was important to be able to work effectively with the other members in order for the event to be a success. In addition to this, I helped to manage the finances and ensure that our budget would cover any events or trips planned. We recently hosted a successful event called 'Black Dreams', which was aimed specifically at young black boys, and was sponsored by local government. During such events, we would socialise with the youths, something that I personally enjoyed and felt like it boosted their confidence and self-esteem. It also helped to develop valuable skills such as organisational skills and good communication skills.

During secondary school, I was actively involved in the highly recognised scheme Aim higher and I was given an award for being innovative and creative. Strong-minded, innovative, risk-taker - These are all qualities that I feel are necessary for anyone who wants to enter the financial field, especially with the world's economy as it is and are qualities that I have in abundance. In conclusion, I hope that taking this course at university will equip me with the necessary intellectual knowledge and practical skills needed when making economical or financial decisions. This will be essential for any career path within the finance and business industry.

Profile info

This personal statement was written by mscaro for application in 2011.

mscaro's university choices Aston University Brunel University Oxford Brookes University

Green : offer made Red : no offer made

Degree Economics, Finance and Banking at Nottingham Trent University

This personal statement is unrated

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  1. Economics Personal Statement Examples

    Economics Personal Statement Advice. The best business economics personal statement examples describe a student's interests, goals, strengths and motivations. It gives the uni a picture of who you are and why you will be successful with them. Beyond undergraduate study, a postgraduate economics personal statement is still essential and covers ...

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    An economics personal statement should describe your motivations for wanting to study this subject. It tells the university who you are and why you will make a great economics candidate. Whether you're applying for an undergraduate or postgraduate course, it's crucial you present yourself in the best possible light to convince admissions tutors ...

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    What to include in your economics personal statement. Your long-term goals: explain how your degree choice fits with your future ambitions and career aspirations. Wider reading: do pick out one or two specific issues that had an impact on you - just saying you subscribe to 'The Economist' or 'The FT' or that you've read ...

  5. Sample Economics Personal Statement (admitted to Oxford, Cambridge, LSE

    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 ...

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    Examples. Firstly, here is a list of ten economics personal statement examples available online. Also below, there is analysis of what makes a great economics personal statement. + Good evidence of independent study. + Great supercurricular activities discussed.

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    Personal Statement Example: Conclusion. "My commitment to degree-level economics is reflected in my decision to study A-level Law during my gap year. This has developed my essay writing, analytical and critical thinking skills and taught me to apply logic and reasoning to reach decisions.

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    Keep your personal statement personal. Don't forget the purpose of your personal statement: to explain who you are, what inspires you and why you'd be a good fit for the course. "Be yourself," says Luke at the University of Kent. "Tell us what has motivated you to apply for economics. Your rationale can be as grand or as humble as you ...

  9. How to Write an Economics Personal Statement

    After a first draft, it is important for you to get someone to review your Economics personal statement. This can help give you an objective perspective on what others think. Show it to your careers advisor at school, your Economics teacher, your Economics classmates, maybe even parents/siblings that have gone through a similar process.

  10. Economics Masters Personal Statement Sample

    Economics Masters Personal Statement Sample. Written by Hannah Slack. This is an example personal statement for a Masters degree application in Economics. See our guide for advice on writing your own postgraduate personal statement. The notion of financial risk has always fascinated me.

  11. How to Write an Economics Personal Statement

    Step 7. Think ahead to any potential interviews. Some competitive universities (such as Oxford and Cambridge) routinely interview candidates as part of the application process. Your UCAS personal statement will be an important deciding factor in whether you get offered an interview with your chosen university.

  12. Economics Personal Statement Example 1

    I have found economics to be a challenging and diverse discipline and I am interested in both macro and micro economics. It is this variation of perspective, combined with its real world importance, that makes economics an appealing subject to study at university. This personal statement was written by loftx for application in 2003.

  13. Successful Personal Statement For Economics At Cambridge

    Read through a successful Economics Personal Statement for Cambridge with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive a Cambridge offer. ... Today, we are looking through a Economics applicant's Personal Statement that helped secure a place at Cambridge University. The Economics ...

  14. Successful Personal Statement For Economics & Management At Oxford

    Today, we are looking through an Economics and Managment applicant's Personal Statement that helped secure a place at Oxford University.The Economics and Management Course at Oxford examines issues central to the world we live in: namely how the economy and organisations function, and how resources are allocated and coordinated to achieve the organisation's objectives.

  15. Economics Personal Statement Example 20

    After receiving full marks in AS-level Economics, I have set myself a high standard, and I wish to continue my ambitions in the finance industry. However, I recognise that my passion for economics will lead me to many more career horizons. This personal statement was written by Mopac for application in 2009. Mopac's university choices.

  16. Economics Personal Statement Example 32

    This personal statement was written by Jellybean732 for application in 2012. Jellybean732's university choices Royal Holloway University College London The University of Warwick London School of Economics. Green: offer made Red: no offer made. Degree Economics at Cambridge University. Ratings. Statement rating: Related Personal Statements

  17. 'Shock and disbelief': Meet the two Duke professors recently banned

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    This personal statement is unrated. 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 ...

  19. Economics and Finance Personal Statement Example 15

    This personal statement was written by mscaro for application in 2011. mscaro's university choices Aston University Brunel University Oxford Brookes University. Green: offer made Red: no offer made. Degree Economics, Finance and Banking at Nottingham Trent University. Ratings. This personal statement is unrated. Related Personal Statements