Econappl2019
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Hey all

Just wondering whether applying to both degree options at LSE harms my chances for either one (I'd be happy to study either finance or econ tbh)

My PS just talks about econ with little or no finance mentioned as my other options are Oxf, UCL and Warwick all for pure Economics (Oxford e&m as they don't do pure econ) but I was hoping my grades might just give me the edge and consideration for the finance course anyway?

For context my grades: GCSE 10a*, AS Level 5a 1b, A2 Level a* Maths a* f maths a* econ A physics. Also did an EPQ based on behavioural economics/finance and got an a*. All my grades are achieved already rather than predicted as im now on a gap year.

Cheers
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LeapingLucy
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(Original post by Econappl2019)
Hey all

Just wondering whether applying to both degree options at LSE harms my chances for either one (I'd be happy to study either finance or econ tbh)

My PS just talks about econ with little or no finance mentioned as my other options are Oxf, UCL and Warwick all for pure Economics (Oxford e&m as they don't do pure econ) but I was hoping my grades might just give me the edge and consideration for the finance course anyway?

For context my grades: GCSE 10a*, AS Level 5a 1b, A2 Level a* Maths a* f maths a* econ A physics. Also did an EPQ based on behavioural economics/finance and got an a*. All my grades are achieved already rather than predicted as im now on a gap year.

Cheers
How it works is this:

LSE never give more than one offer to an undergraduate applicant. So if you apply for two courses, they look at your application, decide which course your personal statement/subject combination is most suited to, and instantly reject you for the other one. They will only consider your application for one course.

Given that your personal statement only mentions Economics, it is pretty likely that they will instantly reject you for Finance, and only your Econ application will proceed.

Therefore, it's a complete waste of a choice on UCAS in my opinion. In your situation, I would only apply to LSE for Econ.
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Econappl2019
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(Original post by LeapingLucy)
How it works is this:

LSE never give more than one offer to an undergraduate applicant. So if you apply for two courses, they look at your application, decide which course your personal statement/subject combination is most suited to, and instantly reject you for the other one. They will only consider your application for one course.

Given that your personal statement only mentions Economics, it is pretty likely that they will instantly reject you for Finance, and only your Econ application will proceed.

Therefore, it's a complete waste of a choice on UCAS in my opinion. In your situation, I would only apply to LSE for Econ.
The issue with LSE finance however is that it is the only top UK uni (and perhaps the only UK uni, but I'm not 100% about this) that offers a pure finance degree. It is, essentially, most of the base lse bsc econonics course but then with the finance options already chosen. Thus the course is a lot closer to econ degrees rather than accounting+finance degrees that other unis and lse offer. Meaning, I'm sure there are quite a few other economics applicants like me in this same position.

Surely undergraduate admissions are aware of this and will therefore view personal statements accordingly? (similar to oxford E&m tutors realising most applicants will have no management in their PS as they'll be applying to pure economics elsewhere)

In any case, if I keep lse finance on and they instantly reject me for an econonics personal statement, the crucial thing I want to know is will it hurt my chances of getting the Economics offer? As lse or Oxford is where I want to end up this year.
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LeapingLucy
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(Original post by Econappl2019)
The issue with LSE finance however is that it is the only top UK uni (and perhaps the only UK uni, but I'm not 100% about this) that offers a pure finance degree. It is, essentially, most of the base lse bsc econonics course but then with the finance options already chosen. Thus the course is a lot closer to econ degrees rather than accounting+finance degrees that other unis and lse offer. Meaning, I'm sure there are quite a few other economics applicants like me in this same position.

Surely undergraduate admissions are aware of this and will therefore view personal statements accordingly? (similar to oxford E&m tutors realising most applicants will have no management in their PS as they'll be applying to pure economics elsewhere)

In any case, if I keep lse finance on and they instantly reject me for an econonics personal statement, the crucial thing I want to know is will it hurt my chances of getting the Economics offer? As lse or Oxford is where I want to end up this year.
It comes down to this: they will instantly reject you for one of the courses and will only consider your application for one course.

And if you apply with just an economics personal statement, that doesn't mention finance, they're not realistically going to consider you for the finance course. Plus, finance is actually harder to get an offer from than Econ (14% vs 20%) so it's not like finance is some not very competitive back up course.

It's not going to harm your Economics chances, it just means that you're throwing one of your UCAS choices down the drain.
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MgmtCS
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(Original post by LeapingLucy)
It comes down to this: they will instantly reject you for one of the courses and will only consider your application for one course.

And if you apply with just an economics personal statement, that doesn't mention finance, they're not realistically going to consider you for the finance course. Plus, finance is actually harder to get an offer from than Econ (14% vs 20%) so it's not like finance is some not very competitive back up course.

It's not going to harm your Economics chances, it just means that you're throwing one of your UCAS choices down the drain.
Hello. Is applying to LSE finance and Oxford E&M a good choice, or will I struggle with my PS to balance my Econ, Mgmt and Fin passion into one piece of writing?

Also, for salary outcomes, business job opportunities and ib jobs, is LSE Finance or Econ better?

Is Math+Econ or straight econ better to get an IB job from lse, or are they both equal?
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LeapingLucy
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(Original post by MgmtCS)
Hello. Is applying to LSE finance and Oxford E&M a good choice, or will I struggle with my PS to balance my Econ, Mgmt and Fin passion into one piece of writing?

Also, for salary outcomes, business job opportunities and ib jobs, is LSE Finance or Econ better?

Is Math+Econ or straight econ better to get an IB job from lse, or are they both equal?
Sorry, I study HistPol - I don't know anything about the differences between finance/econ courses or IB careers.
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Econappl2019
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(Original post by MgmtCS)
Hello. Is applying to LSE finance and Oxford E&M a good choice, or will I struggle with my PS to balance my Econ, Mgmt and Fin passion into one piece of writing?

Also, for salary outcomes, business job opportunities and ib jobs, is LSE Finance or Econ better?

Is Math+Econ or straight econ better to get an IB job from lse, or are they both equal?
If you're applying to Oxford E&M you don't need to write about Management in your Personal Statement, as the assessors understand that most applicants will be applying to pure Economics elsewhere.

LSE cares a lot about Personal Statement, so you may well have difficulty conveying both your passion for Economics and Finance.

Regarding career outcomes for the subjects you've mentioned, they're largely the same. There isn't a significant difference seen by employers, and Investment Banks aren't going to care either way.
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MgmtCS
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(Original post by Econappl2019)
If you're applying to Oxford E&M you don't need to write about Management in your Personal Statement, as the assessors understand that most applicants will be applying to pure Economics elsewhere.

LSE cares a lot about Personal Statement, so you may well have difficulty conveying both your passion for Economics and Finance.

Regarding career outcomes for the subjects you've mentioned, they're largely the same. There isn't a significant difference seen by employers, and Investment Banks aren't going to care either way.
Thanks a lot. Now though, I honestly prefer Econ over Finance. I really want to study Econ w/ Econ History at LSE.

Will writing additionally about Mgmt help my admission chances for E&M though? I don't think it is, but I just want to know.

Also, how do I include Econ Hist and Econ in the personal statement, or if its going to be very hard (and if they are pretty unrelated, which I don't think so), should I just apply to straight LSE econ? I like econ history too .
Last edited by MgmtCS; 1 year ago
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MgmtCS
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Also, is Econ w/ Economic History respected by IBs, or will it seem like too much social science and not enough biz/econ in the degree?
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Econappl2019
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(Original post by MgmtCS)
Thanks a lot. Now though, I honestly prefer Econ over Finance. I really want to study Econ w/ Econ History at LSE.

Will writing additionally about Mgmt help my admission chances for E&M though? I don't think it is, but I just want to know.

Also, how do I include Econ Hist and Econ in the personal statement, or if its going to be very hard (and if they are pretty unrelated, which I don't think so), should I just apply to straight LSE econ? I like econ history too .
Don't write about Management when applying for E&M, it won't make a difference and the tutors don't care. My tutor hardly even reads the PS as it's very insignificant in decisions.

It sounds like you want to study Econ with Econ History at LSE, so I'd recommend you apply for that, rather than Finance. I'm not sure 100% about LSE admissions, but if you're applying for that course and then pure Economics at other unis (plus E&M Oxford) I'm sure it can be done:
Write about economic history in your PS and it'll be relevant to both Economics courses and LSE Econ w Econ history. Perhaps you could start by looking at Piketty's Capital in the 21st Century, a very interesting book looking at historic/wealth inequality.
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Econappl2019
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(Original post by MgmtCS)
Also, is Econ w/ Economic History respected by IBs, or will it seem like too much social science and not enough biz/econ in the degree?
Depends on the business division within the Bank - trading roles today often require a mathematical degree/ Economics with a lot of maths and is increasingly also requiring technical/coding skills. M&A positions normally don't care about your subject background.

In any case, choose subject based on what you want to study, rather than which area of an Investment Bank you'd like to go into.
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