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Warwick 2:2 Vs. Essex 2:1, for Econ?

Your opinion appreciated urgently!

How do you guys compare 2:2 from Warwick with a 2:1 (or maybe 1st??) from Essex, for Economics. I did poorly in my second year at Warwick, and will likely to walk away with a 2:2. Should I transfer to Essex to read 2nd year again (they've agreed to take me), or stay at Warwick for a highly possible 2:2? Obviously the Essex option would have the added con of spending one more year at uni.

Essex's econ dept is apparantly one of the Top 4 in UK for research (with 5* rating), but it's reputation as a uni is definitely leagues behind Warwick! Which do you reckon is the best option? Academically wise and career wise? I am aiming for the top training schemes if possible, and am thinking of doing a MSc in Econ or Finance.

I've got superb ECs and A-Levels BTW. Just got lost slightly last year and ended up in this **** situation!

Reply 1

Hmm... a 2:1/1st from anywhere is better than a 2:2 regardless; won't Warwick let you do the second year again?

I'd take the Essex option, personally.

Reply 2

Socrates
Hmm... a 2:1/1st from anywhere is better than a 2:2 regardless; won't Warwick let you do the second year again?

I'd take the Essex option, personally.


I only found out in this summer that Warwick is really strict on the re-read/retake issue, so it's a no-no. Now how much prejudice is there for university brand, when it comes to top banks/blue chip employers? Essex Uni hardly sounds inspiring, certainly no way in comparison with Warwick.

Reply 3

no way dude, stay at warwick. thats a high status uni, my friends doing econ at that uni wid maths. you should stay, and just try work harder for a 2:1 going to essex would be a big step back. stick it out and work hard. good luck

Reply 4

Its quite a big jump, have you rung around some of the Unis at the lower end of the top 10 for econ? Bristol, Durham, Bath, NOttingham, York etc.

Reply 5

Browneyedboi
no way dude, stay at warwick. thats a high status uni, my friends doing econ at that uni wid maths. you should stay, and just try work harder for a 2:1 going to essex would be a big step back. stick it out and work hard. good luck


I need straight 1sts in all my 4 final-year modules at Warwick to get a 2:1. :frown:

Reply 6

Kentish Man
Its quite a big jump, have you rung around some of the Unis at the lower end of the top 10 for econ? Bristol, Durham, Bath, NOttingham, York etc.


Yes I did ring up. They were mostly full or operating a no 2nd-year-entry policy. Nottingham told me to join their first year.......

Reply 7

dude still aim for a 2:2. man warwick economics is LIVE. Plus you do so much math in that degree, according to my friend. and work hard if you want that 2:1 its worth it isit not. depends how badly you want that degree.

Reply 8

If you want to go on a Graduate job scheme, 2:1 is the minimum requirement for at least 90% of these (I speak from experience).

Only one I've seen which "considered" 2:2 applicants (GES).

Now I'm not saying that if you don't get a 2:1, your life is over, might as well claim Job Seekers Allowance for the rest of your life as that's as much money as you'll ever earn in your life but, options do become rather limited and restricted.

Although it's all about signals, would you rather be top of a "less intelligent" group or bottom of a "more intelligent"* lot? (READ DISCLAIMER).

*DISCLAIMER: I am not in any way judging the students of Warwick to be more intelligent than the students of Essex, nor am I suggesting that people are dumb in general. I am using suggestive comparisons between the general average types of enterences to the Universities in question. It's a fact that Warwick's enterence requirements are a lot higher than Essex's entry requirements. If we assume that A-Levels are a signal of intelligence {which of course is questionable} then obviously one would expect, that on average those who go to Warwick have higher UCAS scores than those from Essex. 2:1s from Warwick are apparently given to about 80% of the students each year (that figure was in the Telegraph a year or so ago) getting less than that would suggest you're less intelligent / hard working / (or other) than your peers. Using that logic, the 2:1 from Essex would suggest the same level of intelligence as your peers (and a first more intelligence). Obviously one must consider this while remembering that Universities don't have a "lets give 10% of our students firsts, 80% 2:1s" etc policy.

Reply 9

Most, if not all graduate schemes ask for a 2.1.

Reply 10

Wow, what a disclaimer! Are you a law student? :smile:

I do have high UCAS points, with 4As, 1B at A2-Level and 1B at AS-Level. Think that sums up to 630 new UCAS points or 52pts in the old system. I have taken a post-A-Level gap year interning exclusively at KPMG Assurance (6 momths) and HSBC CIBM Investment Bank (3 months). I again interned (2 months) at HSBC CIBM Operations in my undergrad first year summer. For second year summer (this summer) I spent 4 weeks interning as a Credit Analyst at China Development Bank in Beijing. So I am fairly confident about work experiences and UCAS points.

Now given the fact that Essex economics is quite respected in the academic circle (as confirmed by numerous Warwick staff economists), and I know for a fact Essex 1st-class econ grads get into LSE, Oxbridge and Warwick's MSc programmes in good numbers, can I offset the Warwick underperformance by getting a LSE/Oxbridge post-grad degree with an Essex 1st? Would this setup be good enough for Investment Banks? Surely they could see my Warwick experience as just a dent in my overall achievement.


Kendra
If you want to go on a Graduate job scheme, 2:1 is the minimum requirement for at least 90% of these (I speak from experience).

Only one I've seen which "considered" 2:2 applicants (GES).

Now I'm not saying that if you don't get a 2:1, your life is over, might as well claim Job Seekers Allowance for the rest of your life as that's as much money as you'll ever earn in your life but, options do become rather limited and restricted.

Although it's all about signals, would you rather be top of a "less intelligent" group or bottom of a "more intelligent"* lot? (READ DISCLAIMER).

*DISCLAIMER: I am not in any way judging the students of Warwick to be more intelligent than the students of Essex, nor am I suggesting that people are dumb in general. I am using suggestive comparisons between the general average types of enterences to the Universities in question. It's a fact that Warwick's enterence requirements are a lot higher than Essex's entry requirements. If we assume that A-Levels are a signal of intelligence {which of course is questionable} then obviously one would expect, that on average those who go to Warwick have higher UCAS scores than those from Essex. 2:1s from Warwick are apparently given to about 80% of the students each year (that figure was in the Telegraph a year or so ago) getting less than that would suggest you're less intelligent / hard working / (or other) than your peers. Using that logic, the 2:1 from Essex would suggest the same level of intelligence as your peers (and a first more intelligence). Obviously one must consider this while remembering that Universities don't have a "lets give 10% of our students firsts, 80% 2:1s" etc policy.

Reply 11

You have a lot behind you, those work experiences for one. I would go to Essex or where-ever it is to secure a 2.1. On your CV you should still state the 2 years you have done at Warwick; the transfer will place a big question mark over it, but I'm sure you can talk it through at interview. That being said, I am sure you will still stand a good chance in recruitment circles (this shouldn't necessarily hinder your chances of securing interviews). You could always go back to KPMG minimally where you should be exempt from 1 or 2 early stages.

Reply 12

lhn123, can you link to the HSBC Gap Year Programme please :smile:

Reply 13

ashmufc
lhn123, can you link to the HSBC Gap Year Programme please :smile:


No there isn't such a thing as a HSBC Gap Year Programme.

Reply 14

lhn123
No there isn't such a thing as a HSBC Gap Year Programme. Back in early 2004 I wrote a letter with my CV attached to Mr Bill Dalton (I don't know him by the way), then Chief Executive of HSBC Bank Plc, asking for a internship position at their Investment Bank, then I got in! It was a personal phone call from his personal assistant. I can never forget the excitement ever!

However I do not recommend everyone doing it though, as A) he's retired now; B) I'm sure he gets very annoyed after seeing more than a couple of these letters. But having said that, there must be other ways along the lines of this idea which may be viable, so go for it! I think I'm a live example in the sense that the "real" world is not that rigid and clear cut after all. Initiative is the key to success anywhere in life really. Things can be done!

Well I'll try that!

Reply 15

go out and get some freakin' firsts in your remaining modules - you seem capable.

Reply 16

no.. please stay at warwick.

it wont do u any good if u get to essex and get a 2.1 at the end...

becos as far as i know, employers nowadays would ask for a complete academic script from the uni. thus u will hv to explain your (sudden) changing of uni.
how are u going to explain that without saying some excuses like "becos i ve screwed up in my exams"??

i'd say if u are good enough to get in. u are good enough to graduate.
or perhaps u can do another subj at warwick, e.g. management studies or sociology etc

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