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LSE, UCL, Warwick bsc Economics rejection

I am in year 13 and applied to Cambridge, UCL, LSE, Warwick and Nottingham for undergrad Economics. Long story short I got rejected from the first 4, I have got an econ offer for Nottingham but I really want to go to get into UCL or LSE for econ this year as I want to go into investment banking. I am doing 4 alevels maths, econ, psych and further maths. Does anyone know if there is any chance I can get in on results day, say if I get 4A*s and other people miss their offers. If I do get those grades would I need to reject my offer from Nottingham? Would I call UCL, LSE or Warwick and ask if there is space, like how would that work?
(edited 1 year ago)

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Reply 1

Original post by Gfhjhrrhjjj
I am in year 13 and applied to Cambridge, UCL, LSE, Warwick and Nottingham for undergrad Economics. Long story short I got rejected from the first 4, I have got an econ offer for Nottingham but I really want to go to get into UCL or LSE for econ this year as I want to go into investment banking. I am doing 4 alevels maths, econ, psych and further maths. Does anyone know if there is any chance I can get in on results day, say if I get 4A*s and other people miss their offers. If I do get those grades would I need to reject my offer from Nottingham? Would I call UCL, LSE or Warwick and ask if there is space, like how would that work?

Unis like UCL LSE and Warwick don't go into clearing, you'd have to take a year out and reapply.

Reply 2

Original post by Gfhjhrrhjjj
I am in year 13 and applied to Cambridge, UCL, LSE, Warwick and Nottingham for undergrad Economics. Long story short I got rejected from the first 4, I have got an econ offer for Nottingham but I really want to go to get into UCL or LSE for econ this year as I want to go into investment banking. I am doing 4 alevels maths, econ, psych and further maths. Does anyone know if there is any chance I can get in on results day, say if I get 4A*s and other people miss their offers. If I do get those grades would I need to reject my offer from Nottingham? Would I call UCL, LSE or Warwick and ask if there is space, like how would that work?

what predicted grades did you apply with, just curious

Reply 3

Original post by apd25
what predicted grades did you apply with, just curious
A*A*A*A, the A was in further maths

Reply 4

Wow I’m surprised you got rejected by 4/5…. did u not do well on the TMUA? or did they give any feedback at all

Reply 5

Original post by apd25
Wow I’m surprised you got rejected by 4/5…. did u not do well on the TMUA? or did they give any feedback at all
I did really bad in the TMUA so I hid my score but the main feedback was the generic “there was lots of competitive applications this year so after careful consideration they were unable to offer me a place”
Original post by Gfhjhrrhjjj
I am in year 13 and applied to Cambridge, UCL, LSE, Warwick and Nottingham for undergrad Economics. Long story short I got rejected from the first 4, I have got an econ offer for Nottingham but I really want to go to get into UCL or LSE for econ this year as I want to go into investment banking. I am doing 4 alevels maths, econ, psych and further maths. Does anyone know if there is any chance I can get in on results day, say if I get 4A*s and other people miss their offers. If I do get those grades would I need to reject my offer from Nottingham? Would I call UCL, LSE or Warwick and ask if there is space, like how would that work?

As below UCL and LSE have historically not participated in clearing. Apparently UCL did participate in clearing plus last year (a separate process where the uni directly makes offers to eligible applicants) but I strongly suspect economics was not one of the courses participating in it anyway (as it's extremely popular).

If you've already been rejected now and want to be reconsidered by UCL and LSE you'll need to reapply in a gap year.

Did you get any feedback on why you were rejected?

Also worth noting you don't need to do economics to go into investment banking - any degree is acceptable, ideally though done at a target uni. You could do viking and old norse studies at UCL, social anthropology at LSE, or history of art at Warwick and be fine.
Original post by solemn-pawnshop
Unis like UCL LSE and Warwick don't go into clearing, you'd have to take a year out and reapply.

Warwick does go into clearing, although I suspect economics at Warwick won't be in clearing.

Reply 7

Original post by artful_lounger
As below UCL and LSE have historically not participated in clearing. Apparently UCL did participate in clearing plus last year (a separate process where the uni directly makes offers to eligible applicants) but I strongly suspect economics was not one of the courses participating in it anyway (as it's extremely popular).
If you've already been rejected now and want to be reconsidered by UCL and LSE you'll need to reapply in a gap year.
Did you get any feedback on why you were rejected?
Also worth noting you don't need to do economics to go into investment banking - any degree is acceptable, ideally though done at a target uni. You could do viking and old norse studies at UCL, social anthropology at LSE, or history of art at Warwick and be fine.
Warwick does go into clearing, although I suspect economics at Warwick won't be in clearing.

Thank-you very much for the advice, the feedback I got was there were other more competitive applicants which I think is fair because my gcses were 9988888777 and I didn’t include my TMUAs score, but now my thought process is to go to Nottingham this year for undergrad econ and try to do a masters at Oxbridge in an economics/finance related course, do you think this is possible? And do you know what sort of things I should do there to increase my chances like is it just purely my uni grades or do they consider A levels, extra curricular, is there an entrance exam or interview?

Reply 8

Original post by artful_lounger
As below UCL and LSE have historically not participated in clearing. Apparently UCL did participate in clearing plus last year (a separate process where the uni directly makes offers to eligible applicants) but I strongly suspect economics was not one of the courses participating in it anyway (as it's extremely popular).
If you've already been rejected now and want to be reconsidered by UCL and LSE you'll need to reapply in a gap year.
Did you get any feedback on why you were rejected?
Also worth noting you don't need to do economics to go into investment banking - any degree is acceptable, ideally though done at a target uni. You could do viking and old norse studies at UCL, social anthropology at LSE, or history of art at Warwick and be fine.
Warwick does go into clearing, although I suspect economics at Warwick won't be in clearing.

This is just bad advice. OP please consider studying something that you will enjoy so you won't waste 3 years doing something you hate as getting into IB is not guaranteed even from a target Uni due to it being so competitive.

I'm also in the same boat as you OP as I was also rejected from 4/5 Unis for economics.
(edited 1 year ago)
Original post by Gfhjhrrhjjj
Thank-you very much for the advice, the feedback I got was there were other more competitive applicants which I think is fair because my gcses were 9988888777 and I didn’t include my TMUAs score, but now my thought process is to go to Nottingham this year for undergrad econ and try to do a masters at Oxbridge in an economics/finance related course, do you think this is possible? And do you know what sort of things I should do there to increase my chances like is it just purely my uni grades or do they consider A levels, extra curricular, is there an entrance exam or interview?

Your A-level grades etc won't be relevant for masters applications.

The major factor will be cost for a masters, as economics/finance/business related masters courses usually have extremely high tuition fees (up to £50,000 in many cases) and there is very, very limited funding for masters courses (max around £10k from SFE as a single loan which may be for tuition costs or living costs - you don't get a separate maintenance loan for masters). Therefore generally most applicants self select out simply because they can't afford it for those kind of subjects.

So something to keep in mind, although I gather Nottingham is also very good for economics and I believe a semi-target. However, since your goal seems to be investment banking rather than economics per se, you could just as well pursue a course that is intellectually interesting to you but completely unrelated at a target uni.
Original post by poopy69poopy
This is just bad advice. OP please consider studying something that you will enjoy so you won't waste 3 years doing something you hate as getting into IB is not guaranteed even from a target Uni due to it being so competitive.

I'm also in the same boat as you OP as I was also rejected from 4/5 Unis for economics.

My point is exactly that one doesn't need to study economics so it's perfectly reasonable to study something they enjoy rather than fixating upon economics...hence they could do literally anything they find interesting which isn't necessarily one of the most competitive and oversubscribed courses at those institutions.

Reply 10

Original post by poopy69poopy
This is just bad advice. OP please consider studying something that you will enjoy so you won't waste 3 years doing something you hate as getting into IB is not guaranteed even from a target Uni due to it being so competitive.
I'm also in the same boat as you OP as I was also rejected from 4/5 Unis for economics.
Alright thanks, tbh I just picked econ because I still don’t really know what I genuinely enjoy so I might as well do what might benefit me the most, like I’m good at maths and was thinking of doing maths originally but then I picked econ cos it seemed like less work than maths. And for some reason I thought that if I do it I can gain insights into banking and finance in general by being able to choose my own specialist models in 2nd and 3rd year. But honestly the main reason I picked it was because I thought it would be easier to get into econ at Cambridge than maths at Oxbridge (I had this idea tbh I still do that I have to get into Oxbridge), which is actually easier but I didn’t put the work in and ended up flopping my tmua so now I’ve got rejections from my top 4 so getting into Oxbridge for masters is sort of a redemption arc because deep down I know that if I had put effort in I had a chance, (but obviously it’s easy to say in heinsight). Also if you don’t mind me asking what unis did you apply to?

Reply 11

Original post by Gfhjhrrhjjj
Alright thanks, tbh I just picked econ because I still don’t really know what I genuinely enjoy so I might as well do what might benefit me the most, like I’m good at maths and was thinking of doing maths originally but then I picked econ cos it seemed like less work than maths. And for some reason I thought that if I do it I can gain insights into banking and finance in general by being able to choose my own specialist models in 2nd and 3rd year. But honestly the main reason I picked it was because I thought it would be easier to get into econ at Cambridge than maths at Oxbridge (I had this idea tbh I still do that I have to get into Oxbridge), which is actually easier but I didn’t put the work in and ended up flopping my tmua so now I’ve got rejections from my top 4 so getting into Oxbridge for masters is sort of a redemption arc because deep down I know that if I had put effort in I had a chance, (but obviously it’s easy to say in heinsight). Also if you don’t mind me asking what unis did you apply to?

Warwick, LSE, Kings, Bath (with Industry Placement ) and Bristol.

Only offer was from Bristol which works I guess.

Predicted was A*AA with A in Maths and FM.
(edited 1 year ago)
Original post by Gfhjhrrhjjj
Alright thanks, tbh I just picked econ because I still don’t really know what I genuinely enjoy so I might as well do what might benefit me the most, like I’m good at maths and was thinking of doing maths originally but then I picked econ cos it seemed like less work than maths. And for some reason I thought that if I do it I can gain insights into banking and finance in general by being able to choose my own specialist models in 2nd and 3rd year. But honestly the main reason I picked it was because I thought it would be easier to get into econ at Cambridge than maths at Oxbridge (I had this idea tbh I still do that I have to get into Oxbridge), which is actually easier but I didn’t put the work in and ended up flopping my tmua so now I’ve got rejections from my top 4 so getting into Oxbridge for masters is sort of a redemption arc because deep down I know that if I had put effort in I had a chance, (but obviously it’s easy to say in heinsight). Also if you don’t mind me asking what unis did you apply to?


Which is exactly why I pointed out you don't need to do economics for investment banking. Also note that economics is not a degree in "investment banking" and a good chunk of what you may study isn't going to be relevant or is going to be of limited use. Also bear in mind investment bankers don't use sophisticated maths...they're not quants, they just use a lot of basic maths in complex excel spreadsheets.

Hence, if you have something else you have a personal interest in even if you don't plan to pursue it as a career, that's as good if not a better option to pursue (at a target uni) then go into investment banking. If you've always been fascinated by ancient Egypt and want to learn hieroglyphs do a degree in Egyptology...if you want to learn more about a particular region or a new language explore regional studies and language degrees...if you enjoy psychology do that...it doesn't matter in that regard.

Reply 13

Original post by artful_lounger
Your A-level grades etc won't be relevant for masters applications.
The major factor will be cost for a masters, as economics/finance/business related masters courses usually have extremely high tuition fees (up to £50,000 in many cases) and there is very, very limited funding for masters courses (max around £10k from SFE as a single loan which may be for tuition costs or living costs - you don't get a separate maintenance loan for masters). Therefore generally most applicants self select out simply because they can't afford it for those kind of subjects.
So something to keep in mind, although I gather Nottingham is also very good for economics and I believe a semi-target. However, since your goal seems to be investment banking rather than economics per se, you could just as well pursue a course that is intellectually interesting to you but completely unrelated at a target uni.
My point is exactly that one doesn't need to study economics so it's perfectly reasonable to study something they enjoy rather than fixating upon economics...hence they could do literally anything they find interesting which isn't necessarily one of the most competitive and oversubscribed courses at those institutions.

Ok thankyou very much

Reply 14

Original post by poopy69poopy
Warwick, LSE, Kings, Bath (with Industry Placement ) and Bristol.
Only offer was from Bristol which works I guess.
Predicted was A*AA with A in Maths and FM.
Alright so we are basically in the same boat do you also want to go into IB?

Reply 15

Original post by Gfhjhrrhjjj
Alright so we are basically in the same boat do you also want to go into IB?

Hopefully yes, but i'm also looking at other pathways.

Reply 16

Original post by Gfhjhrrhjjj
I did really bad in the TMUA so I hid my score but the main feedback was the generic “there was lots of competitive applications this year so after careful consideration they were unable to offer me a place”

I mean if you do decide to reapply, over the summer maybe glance over a TMUA paper again… Considering you would’ve finished both the maths and further maths course, you may find it a lot easier than you did this time last year… If not, Notts is still good for getting into decently paid consultancies such as the Big 4, or maybe apply to courses that don’t require an admission test such as BA Land Economy at Cambridge, another course at LSE, or possibly UCL Econ again. Hope everything works out for you.

Reply 17

Original post by apd25
I mean if you do decide to reapply, over the summer maybe glance over a TMUA paper again… Considering you would’ve finished both the maths and further maths course, you may find it a lot easier than you did this time last year… If not, Notts is still good for getting into decently paid consultancies such as the Big 4, or maybe apply to courses that don’t require an admission test such as BA Land Economy at Cambridge, another course at LSE, or possibly UCL Econ again. Hope everything works out for you.

Thank you I will definitely consider that.

Reply 18

Original post by Gfhjhrrhjjj
Thank you I will definitely consider that.

Sorry to deviate, but how did you find the TMUA in terms of overlap with Maths and FM and where did you find you struggled with the test? Newbie here but looking to potentially take A-Level Maths in a year (maybe with FM, if I can manage / will cover in the TMUA anyway) and would be grateful to hear some of your personal insights.

Reply 19

Sorry to deviate, but how did you find the TMUA in terms of overlap with Maths and FM and where did you find you struggled with the test? Newbie here but looking to potentially take A-Level Maths in a year (maybe with FM, if I can manage / will cover in the TMUA anyway) and would be grateful to hear some of your personal insights.

Tbh in general from what I gathered the tmua is year 1 alevel maths with some year 2 content, which if you do further maths you should finish by the end of year 12 before the tmua which I presume you will take in year 13. The tmua is split into 2 papers and in most peoples experience paper 2 is harder because it consists of proofs and more wordy questions which are not necessarily covered in the alevel course, but you can find resources for these on the Cambridge website. In my personal experience I procrastinated a lot and ended up only starting revision 3 weeks prior to the exam and even then the revision I did was quite flimsy. I also overlooked the sheer difficulty of the exam, I thought on paper it’s just 40 multiple choice questions from year 1 alevel maths, but each question is designed to catch you out with questions getting harder as you go along and considering you only have 75 minutes. So if I were you and was considering taking the tmua I would definitely do maths and further maths and start revising early, by revising I mean attempt difficult questions in class and if you don’t know something speak to your teacher maybe even do Mat or step questions, because I understood all the content required but I was very lazy and if I didn’t know how to do a question I just looked at the markscheme instead of speaking to a teacher and learning how to do it also if you find a question hard don’t worry about timing and spend time on it, prior to the exam I would see a hard question and spend 1 minute on it and then just move on to another one whereas if I was to actually knuckle down and try and answer it I would have made progress, this was my main downfall in the real thing I saw 1 or 2 hard questions at the start and went into panic mode and just went all over the paper and ended up not answering a single question properly. So in summary actually do the past papers and try to do the whole thing and don’t even set a time limit, because there’s only so many ways they can ask a question you will start to see patterns which i only realised before it was to late because speaking in he-insight if I had “locked in” things could be different. But good luck you have time!

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