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No qualifications whatsoever - Will this be accepted? Watch

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    Hey guys and girls,

    I was kicked out of school when I was young for being a little brat and therefore didn't get any qualifications. I bounced around various construction jobs until I taught myself how to trade forex.

    I'm 26 and I've been doing it successfully for 3 years now and wanted to know, will a university consider my application as a mature student with nothing more than my forex trading portfolio?

    I want to study economics and without sounding big headed I think I do have a good grasp on the fundamentals and wish to learn more. I figured my trading portfolio which lists every single trade I've ever made, my profits, my loses etc would demonstrate that firstly, I am highly motivated and secondly, I have a solid understanding of the basics of economics.

    I know I can do the course, but will they accept this kind of "evidence"? I'm just worried they'll think I'm not capable of actually studying... because I've no experience of academia.
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    I doubt it. The normal way in is through doing an access course, then you would be fine. Without any qyalifications then it would be unfair on other students who did study. Check with the individual unis over entry requiremnts though.
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    They'll probably want GCSE Maths and English on top of an Access Course as well. I'd try and get signed up to courses asap as they'll all have just started.
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    (Original post by J.F.T)
    Hey guys and girls,

    I was kicked out of school when I was young for being a little brat and therefore didn't get any qualifications. I bounced around various construction jobs until I taught myself how to trade forex.

    I'm 26 and I've been doing it successfully for 3 years now and wanted to know, will a university consider my application as a mature student with nothing more than my forex trading portfolio?

    I want to study economics and without sounding big headed I think I do have a good grasp on the fundamentals and wish to learn more. I figured my trading portfolio which lists every single trade I've ever made, my profits, my loses etc would demonstrate that firstly, I am highly motivated and secondly, I have a solid understanding of the basics of economics.

    I know I can do the course, but will they accept this kind of "evidence"? I'm just worried they'll think I'm not capable of actually studying... because I've no experience of academia.
    Going in with absolutly nothing is a long shot, but you'll have to speak to the course leader of the course you are interested in. A lot of the Uni's are getting bloomberg terminals now for economics and business so your experience will be relevant. I went back to uni at 27, they did me a deal based on my interest in the course, i had to do some work experience in the maritime sector so they said if I got a C in A level business I could go as you have to satisy some ucas points.

    You can do an A level in 6 months online, I used Oxford online college and my tutor was very helpfull, the battle with A level is sussing how the exam board want the question answered and not so much about what you know.

    Its completely achievable though just phone around. Taking time off to do the A level bought my earning down for that year so I qualified for the full student loan, Im single though so I dont know if a partners income would affect it.

    If you really want to open some doors and meet some future players have a look at maritime business at Solent, sounds silly but its world renowned. My classmates were generally sons of norweigen shipping ceo's, greek ship owners, a khazakstani oil admiral, rich russians (dont ask where the money comes from!)....the list goes on and on. Some guys go and trade oil and the like, shipbrokers, ship agents, all over the world. The most amazing social life as well.

    The industry is crying out for British guys as there are very few on the course, high employment rate, good money.

    The amount of effort it takes to go to uni as a mature student and the debt (£49000!) just made me think I DEFINETLY wanted to be employable on exit so im assuming you do to. So aim to be a specialist not a generalist.

    Go for it though, whatever you study its the best decison I made in my life. I was a prison officer so had absolutly no background in maritime.
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    Thanks for your replies. Since I started I've been using my own money and I feel comfortable I could do it professionally for a large investment firm but after contacting a dozen banks, they've pretty much all told me without at least a degree, my portfolio, while impressive, wouldn't be enough to secure a place with them.

    I get pretty lonely and bored trading at home all day and really want to work in a company so I can socialise and meet new people. Thanks for your advice, I'll look into it some more.
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    (Original post by r4dly)
    The amount of effort it takes to go to uni as a mature student and the debt (£49000!) just made me think I DEFINETLY wanted to be employable on exit so im assuming you do to. So aim to be a specialist not a generalist.
    This! Except I'm looking at £75000 of debt minimum (realistically closer to £80000).

    I have a poor set of A levels alongside a lot of relevant work experience and I was allowed into uni but I still had to do a foundation year; I couldn't just go straight into a degree course and to be honest I think I'd have struggled with the jump. I did speak to one uni who said they'd have taken me based on my GCSEs BUT they did that for someone before and they completely bombed when they did their degree. In that instance the degree was biomedical science for the NHS and the person was already working as a biomedical support worker in an NHS lab so they were both experienced and well supported, so I'm glad I did A levels.

    So basically, I think you'll have to do some form of learning before going to uni but it's more beneficial than it actually feels at the time. It's also easier to ease yourself back into education. Some students struggle with going back after summer and that's only 4 months off, 10 years is much harder.
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    (Original post by J.F.T)
    Thanks for your replies. Since I started I've been using my own money and I feel comfortable I could do it professionally for a large investment firm but after contacting a dozen banks, they've pretty much all told me without at least a degree, my portfolio, while impressive, wouldn't be enough to secure a place with them.

    I get pretty lonely and bored trading at home all day and really want to work in a company so I can socialise and meet new people. Thanks for your advice, I'll look into it some more.
    Just a quick tip, dont let the admissions department palm you off, being mature is your biggest weapon as it shows great willing. Most students at 19/20 are just following the path so they have to tick all the boxes but course leaders can and will pull stings for you. Good luck
 
 
 
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