Hello, Student Room members!
I'm beginning to fill out my applications for finance school next year (2016-2017), and I've placed LSE and Oxford at the top of my list-pretty logical given their reputations.
The twist is, I'm from the US, and I'm having a hard time gauging how I'll measure up. Thought maybe some of you all might have a better idea on just how selective these schools are.
Well, here's a bit about me, then:
-I have a bachelor's degree in Electrical Engineering, GPA 3.7. I have no idea how that translates into the UK system, but both schools ask for at least 3.5, so i think I'm ok here. (Side note: in the UK, do engineers tend to have lower grades than other disciplines? They very much do in the states, unfortunately.)
-I'm going to have my master's in Electrical Engineering by the time I attend finance school. Not sure if this has much of an impact, but it's there.
-GMAT scores: 750 overall, 50 quant 41 verbal. I think that translates to 87% quant and 94% verbal. I notice that LSE asks for at least 85% and oxford is a bit ambiguous about 90% (not sure if minimum or about their average.) Given the rest of my application, will oxford be flexible on that? I mean if I'd gotten a 51 quant, i'd be at 97%. Must have been a bad test day...
Those are the big factors. I do have a couple other factors that i hope differentiate me-
-Strong academic and professional references.
-I'm published. I wrote a thesis on laser beam combining, work ended up in a journal.
-I do have multiple internship experiences, heck I even worked in a major bank for their capital markets division.
Wall of text concluded. Think I have a fighting chance? These places have pretty slim acceptance rates and less than a dozen americans make it in per year. Yikes!
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Msc Finance at LSE/Oxford watch
- Thread Starter
- 17-10-2015 05:09
- 17-10-2015 19:42
1. 20% of everyone in the UK get a first-class degree, whilst 30% of engineering graduates get a first.
2. Your university should have the experience and knowledge of the American system to know whether your GPA is good enough.
3. Your master's will only be helpful if it can demonstrate for you relevant knowledge and skills.
4. Doubt internships help much.
5. Everyone should have strong academic references.
6. If your GPA meets the minimum requirement, you're OK.
7. If you don't apply, you can never get in. It doesn't hurt to apply, even though you do need some money and effort.
As for acceptance rates, I'm copying this from another post of mine in another thread:
Undergraduate entry to Oxbridge is around 20%, but is much higher than say, Harvard, in the US. This does not mean it's four times easier to get into Oxbridge. In fact, Oxford Brookes has a lower acceptance rate compared to Oxford, just like how Manchester Metropolitan has a lower acceptance rate than Cambridge does. The competition to Labour Party leadership was four people fighting for one place - does this mean it's more competitive to gain a place at Manchester Metropolitan University than to become the Right Honourable Leader of the Opposition?
At postgraduate level, it means even less. Even more people give their offers up due to 1. their going for another course, 2. their deciding that further studying is not the best option for them at this point of them, 3. their not meeting the conditions, 4. their not having sufficient funds to fund the degree, and acceptance rates don't tell you any of these. This is without mentioning other factors that make, for example, MBA entry is be much 'less competitive' than most other courses based on acceptance rate or taught masters to generally be 'more competitive' than research masters.
The only way to know the level of competition is to know the backgrounds of both successful and unsuccessful applicants.