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Economics Personal Statement Guide

Your personal statement is a significant part of your university application. It gives you the opportunity to show universities your enthusiasm for studying Economics and demonstrate your skills and motivations.

Many students struggle with writing personal statements. It can be difficult to balance academic interests with personal achievements, keep everything relevant to the economics courses you're applying for, and fit it all into just over one A4 page.

To help you get on the right track, our Personal Statement Guide takes you through everything you need to know to create an excellent Economics personal statement:

  • Why are Personal Statements Important?
  • What Should I Include in an Economics Personal Statement?  
  • What Should I Avoid in an Economics Personal Statement?  

Advice on How to Start an Economics Personal Statement  

Advice on how to finish an economics personal statement  .

economics personal statement help

What Should I Avoid in an Economics Personal Statement ?  

You must avoid waffle and cliches. A common cliche that we recommend you avoid is "I have wanted to study Economics since I was a child" or "I want to study Economics because I want to make money". While these statements may be true, you need to focus on demonstrating your interests in economics, not just stating them.

Instead, talk about a documentary you came across and how it interested you and how, in light of this interest you read a book related to the topic. Connecting your academic interests in this way instead of using cliche statements helps keep you under the word count, but also makes your personal statement interesting and personal to your academic journey.

You should also definitely not mention anything in your personal statement that you have not read, watched, listen to, or done yourself. In other words, absolutely do not lie! Admissions tutors will sniff dishonest statements out very keenly, especially if you attend an interview with them further along the line.

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Economic ,at undergraduate study contains many elements and topics; use this to your advantage and research widely to find various areas of personal interest. Before starting to write your Economics Personal Statement, consider making a mind map or list of the reasons you are interested in the subject, and any areas in which you are particularly interested. Which podcasts have you listened to, books have you read, or videos have you watched?

Remember to focus on what you have done, what inspired and benefited you, and what you would like to learn next. For instance, in studying elasticity of demand, what questions did it raise for you, and how have you explored the topic further?

If you are struggling to get your wider research off the ground, or need something new to get out of a research rut, check out some of our recommendations below:

Poor Economics by Abhijit Banerjee and Esther Duflo

The End of Poverty: Economic Possibilities for Our Time by Jeffrey D. Sachs

Banker to the Poor: Micro-Lending and the Battle Against World Poverty by Muhammad Yunus

Freakonomics  by Steven D. Levitt and Stephen J. Dubner

IMF Podcast

Planet Money

Journals/Publications:

The Economist

American Economic Review

The Econometrics Journal

Journal of Political Economy

This is not an exhaustive list, and we strongly encourage you to research your areas of interest.

Writing the ending of an Economics Personal statement can often be just as hard as beginning. The most important task for the final section is not to overcomplicate things; focus on using clear and concise language to round up the main theme(s) of the preceding content.

Your final sentence or two should summarise your academic interest in Economics and your excitement about studying the course . If you wish, you may also briefly mention your hopes for the future (be it working in further research, a financial institution, or government policy) and tie an Economics degree into your plans going forward (although this is not necessary).

Think about what you want the admissions tutors to remember about you once they have finished reading. This is the information to foreground in your conclusion.

Lastly, always proofread your personal statement several times . We recommend giving a final version to a parent, guardian, teacher, friend, or anyone else you can find, really! Getting a second opinion, be it from someone with Economics expertise or someone completely new to the subject, can help weed out mistakes and ensure your writing is clear and your intentions can be understood.

  • What are some Tips for Writing a Strong Economics Personal Statement?
  • How Long Should my Economics Personal Statement Be?
  • What Kind of Extracurricular Activities Should I Include in my Economics Personal Statement?
  • How Can I Tailor my Economics Personal Statement to the Oxford/Cambridge Course?

A strong Economics personal statement will include relevant academic interests and the motivations behind pursuing Economics at a higher level, and not a lot else.

As Economics is a subject that links to other social sciences such as sociology or politics, the temptation can often be to discuss topics that are potentially not covered in an Economics course. To ensure against this, it's always good to check back over the course syllabus and double check that everything you mention is linked either by content or by the skills needed to study it.

If you are applying for different courses, such as PPE at a few universities and Economics at others, carefully think about which topics you write about to demonstrate that you are a passionate Economics student.

We recommend that you use the majority of the limit UCAS gives you. It is your first chance to make a lasting impression on the admission tutors, so you should take advantage of the opportunity to show them why you would be an exceptional Economics student.

4000 characters of 47 lines (whichever comes first) may seem ample, but once you have spoken about your interests in detail, you will find that it really is not. Often students go over the limit in their first draft of their personal statement; do not worry about this, as continual redrafting and reviewing (which you really should do) will help you shorten it down.

You want to ensure that you only include extracurricular activities that demonstrate relevant skills, interests, and qualities in your statement.

Whether the activity or resource you want to mention is directly related to economics or not (and it doesn't necessarily have to be), you should not just mention it, but also explicitly discuss why or how you believe that it either motivates you or equips you with the skills to perform well on the degree course to which you are applying.

There is no secret formula when writing a personal statement for Oxford or Cambridge, and you need to make sure not to mention the Oxbridge course directly since your personal statement goes to all your universities. In our experience, however, the key to an Oxbridge Economics personal statement lies within the amount of academic content you have in your statement. Oxbridge tutors are keen to hear as much as possible about your academic interests, therefore we recommend aiming to focus 80-90% of your statement on academic content, whilst the remaining 10-20% talks about your extracurricular activities.

To demonstrate your academic ability and potential, you must talk about how you have engaged with your subject beyond the school syllabus. This can include presenting your views on economists such as Milton Friedman or analysing the implications of theories such as economies of scale. You need to avoid waffle, be concise, and demonstrate your love for Economics at every stage.

It is important to note that if you do reach the interview stage of the Oxbridge application process, you can be asked questions about your personal statement, so do carefully select topics that you are passionate about. We offer a fantastic interview preparation course if you need support preparing for the interview stage of the process.

Book your Economics Personal Statement Package

You can contact our Oxbridge-graduate Consultants on +44 (0) 20 7499 2394 or email [email protected] to discuss our personal statement packages.  

If you’d like to know more about Economics, we have admissions test guidance and interview preparation readily available.  

Our Oxbridge-graduate consultants are available between 9.00 am – 5.00 pm from Monday to Friday, with additional evening availability when requested.

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Ensure your enthusiasm for economics stands out

It's key to explain in your personal statement why you’re interested in economics and why you want to study it.

Think about the following:

  • Show an appreciation of mathematical concepts.
  • Reflect on something that has given you an insight into local, national, European or global economic issues, and explain what interests you about it.
  • If you have already been studying economics at A level (or equivalent), talk about an area of the course you’ve found especially interesting.
  • If you haven’t studied economics before, explain what has inspired your interest in it.
  • What especially appeals to you about the subject or the courses you’ve chosen? You can look up specific course details using our course search .
  • Demonstrate that you have a real interest in economic principles and concepts.
  • Show some understanding of economic theory.

What to include in your economics personal statement

  • Your long-term goals: explain how your degree choice fits with your future ambitions and career aspirations.
  • Wider reading: do pick out one or two specific issues that had an impact on you – just saying you subscribe to ‘The Economist’ or ‘The FT’ or that you’ve read ‘Freakonomics’ or ‘The Undercover Economist’ won't have an impact unless you elaborate. Better still, think outside the box and write about something you’ve read that’s slightly more obscure. As one admissions tutor said: 'If I read about ‘Freakonomics’ one more time, I’ll scream.'
  • Economics-related experience: reflect on any work experience, responsibilities, or non-academic interests or achievements that are relevant to economics or demonstrate appropriate skills or qualities.
  • Other relevant insights: if you’ve undertaken an economics-related project, Extended Project Qualification (EPQ) or summer school, reflect on any insights this has given you.
  • Demonstrate your skills: give examples of skills you possess that will serve you well as an economics student and mean you're able to proactively contribute to the course. These could include self-motivation, teamwork, the ability to think logically, effective time management, good communication, or problem-solving skills.

What not to include in your economics statement

We've also picked up some tips on what to avoid:

  • Don’t skim the surface – be specific.
  • Don’t give a shopping list of things you’ve read or done.
  • Don’t exaggerate.
  • Don’t waste space trying to impress with things you’ve done that aren’t relevant – relate everything to the courses you’re applying for.
  • Don’t make sweeping claims about your 'passion for economics', how you’ve 'loved it from an early age' and 'what an honour it would be to get accepted at your university'.
  • Avoid grammar and spelling mistakes.

As the University of Bristol's ' Why Study Economics? ' website says, 'a straightforward personal statement that gets all the core points across in a coherent way serves the purpose best'. So do say something that will stand you out from the crowd, but avoid being too off-the-wall.

Don't be too bland and generic, either. London School of Economics says 'your statement should be as original as possible to differentiate you from other applicants' while the University of Nottingham looks for 'students with a wide variety of interests and enthusiasms from a wide variety of backgrounds'. Strike the right balance by demonstrating your enthusiasm, your intellectual curiosity, and the quality of your insights.

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How to Write your Economics Personal Statement

Are you applying to economics courses at university this year? If so, this guide might come in handy. Based on my experience helping students with personal statements, as well as discussions with other Cambridge students and fellows, I have built up an understanding of what makes a very good economics personal statement. Below I present a series of steps for how to write the personal statement.

Decide on your course

It sounds obvious, but make sure you have decided on the courses which you would like to apply to. If you are unsure, you can consider your A-levels, particular interests, or whether you have a particular job in mind for after university.

From this point onwards, I will assume you are interested in applying for some kind of economics degree. However, the advice below generally applies to joint degrees and other courses however.

Supercurricular activities for economics

Given you have decided on the course for which you are applying, the next step I recommend is to write a list of all your supercurricular activities .

This is not the same as an extracurricular activity. You can think of the difference like this:

  • A supercurricular activity is an activity that takes place outside of school lessons, that is directly related to your university course of choice. An example is reading an economics book.
  • An extracurricular activity is, again, an activity that takes place outside of school, but that is not directly related to the course you are applying to study at university. An example of this is being part of a sports team.

Supercurricular activities should form the bulk of your personal statement. Some universities post recommendations such as 75 to 80% of the personal statement should be about supercurricular activities exclusively. Other universities will state that they are only interested in your academic pursuits (in other words, supercurriculars).

Complete Guide

For the complete economics personal statement guide, click the link here (paid resource):

Types of Supercurriculars

Supercurricular activities can include, but are not limited to:

  • Online or in-person lectures.
  • Magazines or journals.
  • Online courses.
  • Essay competitions.
  • Reading blogs.

In a future blogpost, I will outline some examples for various areas of economics.

How should you choose your supercurriculars?

I recommend choosing activities based on your particular interests within the subject of economics. For example suppose you are interested in labour economics (in other words, what decides the wage and employment level in an economy or labour market). Then I would recommend finding activities relating to these topics. This could include entering an essay competition by writing on a labour economics topic such as migration, minimum wages or inequality, or searching in YouTube for lectures relating to migration (such as Alan Manning’s LSE lectures, for example here ). You may be able to find podcast episodes covering these particular topics.

Another example is let’s say you had an interest in environmental economics. Then you could look into a podcast episode on carbon taxes (for example here ). You could then look into books, blogs or online courses on the topic and so on.

One possible way to structure your personal statement is to have one paragraph for each topic area. You could have a paragraph discussing labour economics, then another discussing the economics of crime, and a third paragraph discussing macroeconomic policy as an example. However supercurricular activities may not naturally group into topics. So you can choose to link them together in other ways, such as the type of activity or a common skill the activities show.

Several economics courses are looking for you to be proficient in mathematics. Hence it may be worth devoting some part of the statement to discussing economics supercurriculars that relate to mathematics, covering areas such as the use of calculus in economics, statistics, econometrics, game theory and so on. Alternatively you could simply includes pure mathematics supercurricular activities such as maths challenges or reading.

Activities to avoid mentioning

Ideally you should avoid mentioning books where economics and popular culture overlap. This includes books like Freakonomics and the Armchair Economist for example. While these are very enjoyable books to read in their own right, these books are too frequently mentioned and are often seen as too basic by some universities.

If you are applying to a very competitive university that does not interview, for example LSE, then it would be preferable to find books that are less frequently mentioned.

Work experience is not necessary for an application to an economics course. This is because work experience is often acquired through connections rather than ability, so it would be a poor indicator for admissions staff to use in assessing students’ abilities. Also work experience is often not directly relevant to the economics course. However work experience can be mentioned if you work on something that is relevant to the economics course, such as working as a research assistant or an economics journalist.

Generally you should not be mentioning your A-levels. Almost everybody applying is doing A-levels and so speaking about what you have covered in your A-levels will not help you to stand out. In any case your teachers will be mentioning your A-levels in your teacher reference anyway, so it is better to devote the personal statement to activities beyond your A-levels. If there are one or two relevant ideas from A-level that you really want to mention, as they are very relevant, then you can do so. But I would not recommend devoting a whole paragraph to your A-levels for example.

I have my supercurriculars. What next?

Suppose now you have your list of supercurricular activities. You can use these to form the main body of your personal statement.

For these activities, as above, group them into particular paragraphs. This grouping could be based on the topic of the supercurricular activities. You could aim for 2-4 activities per paragraph.

To discuss each activity I recommend three steps:

  • Name the activity. For example name the book you read or name the essay competition title.
  • Discuss what you specifically did. For example what did you write about specifically in your essay competition, or what was involved in your online course?
  • Explain your personal takeaway. Did you agree with the book? Or did you find something particularly fascinating about the essay competition?

Note this is just one possible way of doing things. Depending on the activity you are discussing, you may find a different structure appropriate.

Between activities and paragraphs, it is often a good idea to try to create linking clauses. For example if you discussed your mathematical ability in one paragraph, then you could easily transition into discussing the use of statistics in economics in your next activity or paragraph.

I plan to expand more on how to write about your activities in a future article.

Other Paragraphs

I will now pay particular attention to other paragraphs you may need to write.

Introductions

Often students spend too much time trying to write a good introduction at the very start of the writing process. I recommend leaving the introduction until you have been writing about your supercurricular activities.

One mistake when writing introductions is to start with “from a young age” or “since I was five….”. This way of starting your statement is far too common.

Instead you could jump into discussion of a particular supercurricular activity. This could be an activity that summarises well why you want to study economics for example. You might also have supercurricular activities that do not fit well into a particular paragraph. The introduction could provide a good place to put those kinds of activities too.

Extracurricular Activities

It is possible to put a small paragraph in the statement discussing your extracurriculars (in other words activities not related to economics), for example sports teams, societies, positions of responsibilities, other hobbies etc. Some universities will want to see you are well rounded candidate while others will only care about your academics. I recommend inspecting the applications pages of the universities you are applying to, in order to verify the importance of extracurricular activities to the universities you are applying to.

You may wish to round off your personal statement with a few concluding sentences. I have seen this done in a few ways:

  • A short sentence summarising why you think you would be a good candidate for the course.
  • A couple of sentences discussing the most important part of your application or something you want to emphasise. This could be a research interest in a particular area, or a particular strength within the field.
  • Alternatively, if you think there is a common idea linking most or all of your personal statement activities, you could mention it here too.

See if you think any of these ways are appropriate for your statement. Alternatively you could find your own way to conclude.

Checking and Revising

Get your statement checked by multiple people. Also different teachers will give different advice, so do not feel like you have to accept one’s person entire advice (including my own advice). After all, this is your personal statement and nobody else’s.

In revising the statement, one process most students go through is cutting down characters to fit the UCAS character and line count limits. If you are exceeding these limits, see if you can make points more succinctly. Often a second pair of eyes is very helpful in this instance. Beyond that, you may have to choose one or two of your activities to leave out, based on which you think offers least value to your personal statement.

Best of luck in writing your statement. More will follow on specific ideas for economics supercurricular activities.

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Top Tips for a Cambridge Economics Personal Statement

Table of Contents

Cambridge Economics Personal Statement – Top 10 Tips: Dos and Don’ts

economic personal statement cambridge

The Cambridge Personal Statement is a crucial component of your university application. It presents a unique opportunity for you to differentiate yourself from other applicants. You would be able to articulate your story and explain your interests beyond that of numbers on an admissions test. Furthermore, it gives the interviewer a chance to understand who you are. It also provides a platform to bounce off questions during your interview. 

They can tailor questions to your personality, interests, and commitment to who you are as a person and your amalgamation of experiences before you. To guide you through the arduous university application process, our Oxbridge application experts have compiled a list of top 10 Economics Personal Statement Cambridge tips. This includes dos and don’ts– for your Cambridge Economics Personal Statement for the 2024/25 application cycle.

General Advice for Cambridge Personal Statement

The economics course at Cambridge is a comprehensive course that covers all types of economics: core, pure, and applied. Furthermore, the course at Cambridge is also engineered in a manner that allows students to use techniques and schools of thought from other related fields This includes sociology, statistics, mathematics, politics, and history.

Hence, your Cambridge personal statement should clearly demonstrate that you understand that the course is not only theoretical but also includes a significant portion of mathematical reasoning and knowledge. Furthermore, when planning out your Economics personal statement Cambridge admissions tutors will be looking for you to research Cambridge’s achievements in economics and include it in your writing to illustrate your interest in economics. 

oxbridge personal statements

Additionally, when you are crafting your Economics personal statement, you would most likely also be applying to four other university courses. This may result in your statement being vaguer. The University of Cambridge is aware of such and will require you to fill out an ‘Online Supplementary Application Questionnaire (SAQ)’. This is shortly after submitting the UCAS application. So make sure you’ve created another condensed version of your Economics personal statement that you can directly submit to Cambridge.

Top 5 Tips for your Cambridge Economics Personal Statement

1. demonstrate that you are well-read in economics ..

Cambridge does not presume prior knowledge of Economics (after all, you are going to Cambridge to study it!). However, being familiar with Economics terminology as well as its basic principles would give you an edge over other applicants. Furthermore, being well-read in the field also signals to the examiner that you are interested and passionate about the subject. You would take the initiative and seek out knowledge on your own if you are truly passionate about the subject! If you don’t know where to start, you can access Cambridge’s recommended preparatory reading list on their website, or through this link here: Prelim Reading . Furthermore, remember that you are not restricted to books! This could also be in the form of news articles – The Economist, The Guardian, The New Yorker, Vox, The New York Times, etc. are all great places to start. You can also read magazine columns. Or it could even be in other forms of medium such as podcasts, documentaries (available on accessible platforms such as Netflix!), or even Youtube videos. Watching an economics documentary instead of your usual prime-time TV show would be a great way to incorporate learning into your everyday lifestyle.

2. Demonstrating that you are proficient or interested in Mathematics .

Although it is not immediately obvious for an Economics course, the Economics course at Cambridge assumes and requires students to be proficient in Mathematics. Fret not, they only require you to have fully mastered your course syllabus and material at the A-level Mathematics level before commencing your studies. However, showing that you are proficient and interested in Mathematics would help you both in your application and if you end up pursuing the course as there are definitely mathematics components in the course. For example, if you take further mathematics, you would benefit from knowledge in Further Pure Mathematics as well as Statistics. Participating in mathematics competitions or having done work in statistics would be useful in your application as well as course.

3. Focusing your application on your interest in Economics .

Remember that in your Economics personal statement Cambridge admissions tutors are looking out for students who are interested and are a good fit for the course. Hence, it is always important to remember that in your personal statement Cambridge Economics should feature highly! Elaborate on your interest in Economics! You can do so by answering the following trigger questions: Why are you interested in Economics? Are there specific aspects of the course that interests you and why? Do you have any personal qualities or traits that would make you a good Economics student? Focusing your body paragraphs on certain aspects of Economics that interest you and why, or qualities that make you a good Economics student could be used as an overall structure when crafting your Economics Cambridge personal statement. Referencing relevant experiences and reflecting on them would also be useful when writing your personal statement.

4. Having a good structure for your Cambridge personal statement .

Using a good structure when writing your Economics Cambridge personal statement would be good to not only enhance readability but also allow you to not miss out on or forget certain points when crafting your personal statement. You can have a look at a Cambridge economics personal statement examples. But remember when looking at economics personal statement examples Cambridge admissions tutors are adept at spotting plagiarism so looking at it to gain an understanding of structure rather than content is a good option.

A good structure could look something like this: Introduction– A short 3-4 lines briefly mentioning the main reasons why you are interested in Economics, or how you started becoming interested in the course. Next, your body paragraphs can focus on traits that you have that would make you a good economics student, or specific details or aspects of the course that interests you. Each point could be one body paragraph, and you can support and elaborate on each point with examples (such as competitions that you have participated in, books surrounding those concepts that you have read, societies that you have been a part of, etc.) You can then conclude by summarising the important points you want your Cambridge admissions tutor to remember and take away.

5. Giving yourself sufficient time to write your Cambridge Economics personal statement .

It might seem impossible to start crafting your Economics Cambridge personal statement, especially when you are staring at a blank word document and you have no idea where to start. If you are experiencing writer’s block, you can start by listing down all your achievements and experiences. You can then list down details or aspects of the course (you can easily research this!) that interests you, as well as a separate list of qualities that an economics student should have. You can then match your experiences to any points from the two lists, and use each match as a backbone when fleshing out your body paragraphs!

personal statement economics cambridge

Top 5 things to AVOID for your Cambridge Economics Personal Statement

1. having a poor or incorrect understanding of the course.

Many students who apply for a course at university have a misguided or misinformed idea of the course that they would be studying. This is because their impression of the course is from hearsay or what they see in films, or they assume that it would be the same as the subject they studied in high school. For example, especially for economics, students would not expect the amount of mathematics or statistics that are part of the course.

Having a good understanding of what you are in for can also benefit you when writing your personal statement. For example, you can explain how parts of your interest or personality align well with specific or general aspects of the course. This signals to the Oxford admissions tutor that you understand what you are applying for and that you are interested and are a good fit for it.

2. Making your Economics personal statement an economics essay instead of elaborating on your interest or story

Although it is helpful to mention economic theories in your personal statement when you are trying to explain your motivation to study economics, or when elaborating on the books that you have read, ensure that you do not turn your whole Economics personal statement into an economics essay. Keep in mind that what the Cambridge admission tutors are looking out for when they are reading your personal statement is to understand why you want to study economics, and what makes you the perfect fit for the course. Even if you found a really difficult or obscure economics theory, talking at breadth about it rather than focusing on your story would put you at a disadvantage– these tutors would be experts in their field, and if they wanted to learn more about a particular theory, they would pick up a textbook instead of your Economics personal statement!

3. Using too much jargon or using vocabulary that you are not familiar with

You might think that using unconventional vocabulary or fancy terminology would make you sound or appear intelligent. However, especially if you are unfamiliar with the terms, this would actually work against you instead of helping your application. This is because your personal statement could end up sounding unnatural, wordy, and hard to read. Think about it this way– explaining a difficult concept in simple words is more impressive than using a difficult word incorrectly! Furthermore, Cambridge admissions tutors would be reading hundreds of Economics personal statements a day– If your Cambridge personal statement is full of jargon and tough words, it would be difficult for them to understand what you are trying to convey to them. You would not way your ideas to be lost in translation, so make sure you communicate in a simple and effective manner! Always value clarity over vocabulary.

4. Not reflecting on any experience that you mentioned in your Cambridge Economics personal statement

Your experience is only as valuable as what you have taken away or learnt from it. Especially when you are mentioning experiences that are not directly related to that of Economics, you should always mention how it is relevant to your application to Economics– whether it be your interest in it or certain personal qualities that you have. If you want to mention a particular experience that you have, however, you are unable to link it to Economics, you can think about how it has led you to develop certain transferable skills. For example, if you have done a lot of community service or volunteered at a charity, you can talk about how this has led you to be interested in learning more about Economics policies or theories that could help with inequality or poverty.

5. Only give yourself enough time to write a singular Cambridge Economics personal statement

Never expect to only write one Cambridge personal statement, and that being the final draft that you would be submitting. Your first personal statement that you craft would not be your best one, and you should always give yourself enough time to constantly improve and write multiple drafts to further improve it. After writing a draft that you are proud of, it would also be good for you to leave it aside and not think about it. After a week, you can return to it with a fresh mind, and you would be able to note out errors or aspects of it that you would like to further refine. You can also let seniors, friends, or your school’s career guidance counsellor proofread your Economics personal statement for them to give a more objective view and perspective on your personal statement. Their feedback could be immensely helpful, as sometimes we might not be the most objective person when telling our own stories. However, do remember to not share your Economics personal statement with anyone, as this could lead to unnecessary plagiarism problems!

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  • Economics Masters Personal Statement Sample

Written by Hannah Slack

This is an example personal statement for a Masters degree application in Economics. See our guide for advice on writing your own postgraduate personal statement .

The notion of financial risk has always fascinated me. Risk is involved all parts of our life, and learning economic theory and statistics can help mitigate some of the larger financial risks that can massively impact our economy. Since my undergraduate course I have been intrigued by the theoretical side of economics and statistics. I particularly enjoy learning how to project potential outcomes, as this is a vital skill desired by many corporations to strengthen their decision-making processes.

Currently I am in my final year of an Economics undergraduate degree and I am projected to graduate with a first. Modules in Behavioural Economics, Finance and Investment have been a strong interest of mine since the beginning of my degree. I have also enjoyed learning more about economic policies across the globe. In order to keep up to date with the latest economic policies I make sure to follow governmental and news outlets, such as the Financial Times.

In my second year I completed a four-month placement with a national bank. This allowed me to learn more about the practical implications of economic theory in a financially focused setting. I grew very interested in the work of the Risk Manager, who further enlightened me on the many different factors that must be considered before making a major financial decision. The main thing that I enjoyed about financial risk was the tangibility of it. As history has demonstrated, financial decisions can have a major impact on society, both positive and negative. Learning how to restrain negative impacts, and how to manage risks appropriately, intrigues me as an essential part of our modern world.

My third year I spend abroad studying Economics in Australia. I found it particularly interesting to learn the differences between the Australian economic system and the UK’s, which will become increasingly important with the advent of post-Brexit trade deals between the countries. This experience only contributed to my enthusiasm with economic theory as I was able to learn more about its role within other countries.

I have decided to apply for this course because it is one of the finest in the country, with excellent links to industry. To contribute to financial risk management in the way I aspire to, I believe that I need the best education possible. This course not only has a compelling combination of modules and specialisms, but its reputation and research quality will help propel me as a competitive graduate on the job market. I truly believe that with my passion and intrigue in the subject, and this course’s quality resources, this university will be the best place for my studies.

What are some of my options for studying a Masters in Economics?

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Hannah worked at FindAMasters as a Content Writer from 2020 to 2023. She started with us part-time whilst studying for her PhD, giving her personal experience with balancing work responsibilities with academia. Hannah has a Bachelor’s degree in History from the University of East Anglia, and both a Masters in Early Modern History and a PhD on Early Modern English seafarers from the University of Sheffield.

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How to Write an Economics Personal Statement

30/05/2022 Emily Watson

If you’re applying to study an Economics course in the UK, then you’ll know the subject is notoriously competitive. One area that is particularly important in your Economics application and can help you stand out is your UCAS personal statement.

Your personal statement is a crucial part of your application because it is the first and often the only chance you get to tell your chosen universities why you want to study an Economics degree, what your motivations are, and give context to any qualifications, skills and experience you have.

Your Economics personal statement should be solely written by you and can follow any format you desire. However, based on the experience of our professional admissions tutors , who help more than 95% of students get into their first and second-choice universities, there are some guidelines you should follow. This article goes through the key stages of writing an Economics personal statement, including some top tips from The Profs’ Head of Admissions, Joseph Robbins, and information on how to access further support.

What is the goal of your personal statement?

How long should your personal statement be, step 1. what are your motivations for studying economics, step 2. what appeals to you specifically about the course you’re applying to, step 3. what work experience do you have and what did you learn, step 4. what relevant skills do you have, step 5. what wider reading and studying have you done, step 6. do you take part in any relevant extracurricular activities, step 7. think ahead to any potential interviews, step 8. summarise why you are well-suited to the course, benefit from 1-to-1 support.

Your personal statement is essentially your sales pitch to your chosen universities. The goal is to tell them why you would be a great Economics student and how you’d benefit from taking your chosen course. It’s also your opportunity to not only tell them, but prove to them with examples and evidence that you would make a capable, passionate and committed Economics student.

Keep the overarching goal of your personal statement in mind as you write it and make sure that everything you say is supported by an action or example . Use the Point Evidence Explain (PEE) format throughout your personal statement. 

Joe’s tip: While it’s important to showcase your personality and interests, make sure that every sentence has a purpose and relates back to that overarching goal. The bulk of your personal statement should be demonstrating how and why your experiences and skills would make you well-suited to a degree in Economics, not just a list of what you have done. Don’t waste valuable characters talking about hobbies or passions that are unrelated to your chosen career path – always keep it relevant.

Here at The Profs, we have experienced personal statement tutors who can guide you through crafting the perfect personal statement. Don’t waste time worrying or risk your future, just reach out .

Your personal statement must be between 1,000 and 4,000 characters long. It is best to use as many of the 4,000 characters (approximately 47 lines) as possible in order to showcase all of your best qualities and experience.

Joe’s tip: Your personal statement is part of your UCAS application as a whole, so the deadline for completing it is essentially the same as whichever UCAS deadline your application is due by (either mid-October for Oxbridge applications or end of January for other universities). However, schools often impose their own personal statement deadlines that are a lot earlier . They do this so that your teachers (and sometimes your head of sixth-form) have the time to read it over and ensure it’s up to scratch! If you feel like you are going to submit a poor-quality personal statement to meet this early deadline, speak to your school. It is almost always worth adding an additional week or redrafting if you feel that your statement is not reflective of your potential.

Note that all students applying to university for 2023, 2024 or 2025 will still be required to submit a UCAS personal statement as normal. However, from January 2025 onwards (October 2024, for Oxbridge applicants), there will be changes to the UCAS application process and students will no longer be required to write a personal statement. Instead, all applicants will answer a series of shorter, more tailored questions provided by UCAS.

A step-by-step guide to writing your personal statement

Once you’ve got the goal of your personal statement at the forefront of your mind, start thinking about why you want to study an Economics degree. Writing down exactly why you want to study Economics isn’t always easy. You might have simply always been most interested in data-based and mathematical subjects, or there might have been a greater motivation behind choosing it, such as a long-term career plan or a desire to understand the way the world works. Either way it’s important not to skip this step and really spend time pinpointing the ‘why’. 

Your motivations for studying Economics should be included in the opening sentence or first paragraph of your personal statement. They should also form the basis of much of the rest of your statement, as you should always be tying in your motivations to your existing skills, experience and interests (remember to use PEE!).

If you establish your motivations early on in the writing process, this can also help you to develop your personal statement (i.e. what work experience (step 3) and additional reading (step 5) you should be doing). If you’ve already started using your initiative and planning your academic and personal life around the subject you’re passionate about, this demonstrates to universities that you are mature, driven and likely to succeed at university-level study. 

Try to steer away from cliche introductions and catchphrases that may exaggerate or misrepresent your true motivations. Even if you did have a dramatic, life-defining moment in which you realised you wanted to study Economics at university, it can come across as insincere if you write it in your personal statement. 

For instance, if you find yourself writing, “I’ve wanted to study Economics ever since I was a young child…” or “For as long as I can remember…” then take a moment to reconsider this. You don’t want to sound just like your peers. Really think about how you can make your personal statement represent you and stand out from other applicants. 

Identifying a course for undergraduate study is not a trivial task. Decisions of this magnitude need a top-down approach. What is the end goal of your studies? Admissions teams look for  this information in your personal statement and so it’s imperative that you do your research and identify a career path that appeals to you and matches your qualities. 

Joe’s tip: Don’t forget to mention a career plan. Be specific about what motivates you professionally and use LinkedIn for career research. Talking about why you need this degree to pursue your career and how it will help you to land a specific job is always beneficial to any university application. However, this is especially the case for Economics which is more career-driven than traditional academic courses. Do your research and get as specific as you can. What institution or company do you want to work for, and what do you want to specialise in? 

Showing a university that you already have a good idea of what job title you will apply for after graduation can really help you stand out from the crowd. For example: “After much career research, I have identified my dream role: an economics consultant (specialising in energy markets) at a boutique firm such as Frontier Economics.”

Demonstrating this career research – as well as an idea of your specialism – and name-dropping a specific firm all show that you are a serious and diligent candidate. Of course, you don’t have to stick to this career path, but showing that you have thought about your career is a huge plus. 

Need any help? Ensure that you put your best foot forwards by reaching out to our experienced university admissions team . We can review your application and help you to improve it and maximise your chances of success. 

Your Economics personal statement should be clearly targeted to the subject. It’s not enough to write a generic statement about why you are a great student; you need to explain why you would make a great Economics student in particular. 

It’s important that you do plenty of research into the specifics of your chosen courses, including the modules you might cover. Then, think about how certain topics covered in these modules align with your motivations and long-term goals, and tie all of them together to create a strong, convincing narrative throughout.

Researching your course will not only make your statement more relevant but it will also aid you in making your decision whether or not to apply. Before you write your application you need to know why you chose this course from the many Economics courses out there! 

It will help you to stand out if you study the first few modules of your chosen Economics course at your top-choice university. If you can refer to these concepts, and better yet, analyse them to demonstrate your comprehension, you will highlight that you are genuinely keen to expand your knowledge and already able to study at university level. At the end of the day, universities want students who are sincerely passionate about their discipline and will be “easy” students throughout their three or four years of study. So, any way to show that you’re keen and driven is encouraged.

Did you know that Economics courses can fall under either BA or BSc depending on where you apply? BA courses include the Economics courses taught at Oxford, Cambridge, and Durham, and BSc courses including the Economics courses taught at St Andrews, LSE and Brighton, with many other universities offering both BA and BSc Economics courses, including universities like the University of Warwick and King’s College London. All of the universities mentioned above score in the top 10 universities for Economics according to the Guardian (2024) . Generally speaking, BA courses are less mathematical and approach economics as more of a social science whilst BSc courses are more quantitative. That being said, BA courses typically require some mathematical competency. For instance, Durham university offers an Economics BA but its typical entry requirements are A*AA A levels, including Mathematics. 

Joe’s tip: In the UK, you are only allowed to submit one personal statement that then gets sent to all of your university choices (up to five). The problem with this is that each of the courses at these universities will more than likely be slightly different, both by name (e.g. Economics and Management at Oxford versus Economics, Finance and Data Science at Imperial) and by their contents. 

Consequently, unless specifically advised to do so, it’s best not to cite specific course names or modules. Instead, target common themes of these subjects to show you are well-researched while appealing to all of your university choices.

If you are targeting a course which is only available at one or a handful of universities (such as Politics, Philosophy and Economics (PPE) at Oxford) then see what the universities themselves advise. They may understand that your personal statement will be directed towards a broader course focus and take this into consideration when considering your application. For help on applying to particularly competitive Economics courses such as PPE, get in touch with our admissions team who can guide you through the process and triple your chances of success.

You should also research your course in the context of your university. What entices you to study Economics at this institution? What stands out about their Economics department? Perhaps you are curious about the research being pursued, the facilities available, or the opportunities that the university’s city and/or student societies offer. As already mentioned, you cannot address specific universities individually when it comes to your UCAS personal statement. However, you can certainly allude to your first and second choice’s specific characteristics and demonstrate alignment. 

Unsure about anything? Chat to our expert Economics tutors who can help you improve your grades and/or craft the perfect university application. 

Work experience and volunteering are an important part of your personal statement. It’s difficult to get real-life knowledge and experience of how the wider professional world works and the skills you may require in any other way. In addition, Economics is a competitive subject area and work experience can be a great way to help you stand out from other applicants.

Unlike subjects such as Medicine, which look for specific types of work experience, Economics is a social science that can lead to a broader range of careers, so admissions departments won’t necessarily be looking for any particular form of work experience. However, there are some experiences that may be more helpful than others.

Start by thinking about the types of skills that would be useful in an Economics degree, such as mathematical ability, problem-solving skills, and an understanding of global and local systems. Then, think about where you could develop these skills through work experience or volunteering. For example, work experience at an accounting firm might allow you to apply your mathematical skills to real-world situations, while working with your local charity might give you an insight into how the charity sector operates and an understanding of the wider systems at play.

Getting work experience is quite the feat, especially as a young student. The big 4 finance firms (KPMG, EY , PWC , and Deloitte ) typically offer well-established work experience programmes aimed at year 12 and 13 students but, as expected, these are highly competitive. You might be interested in large FMCG organisations, large pharmaceutical companies, and governmental agencies (e.g. the FCA). Ultimately, the best place to get further advice on obtaining work experience is your school but reputable websites such as RateMyPlacement are a good place to do some initial research!

Joe’s tip: Whatever work experience or volunteering you have, make sure that you don’t simply list it in your personal statement. Your chosen university will be looking for you to explain what you learned from your experience, what skills you developed, and how it shaped your interest in Economics.

You should also use your experiences as evidence to support the overarching narrative of your statement. For instance, if your motivation to study Economics is to enact policy change on a particular issue, then your work experience might be a placement with your local council or a charity that works on that issue, and this together supports your long-term goal of working for the UK government. Don’t forget, we’re here to help if you need any support.

Next, think about what skills you have that would make you a great fit for an Economics degree. It is particularly important for Economics applicants to have a good balance of skills from a range of subject areas. For example, it is not good enough to simply be very good at Mathematics; you’ll also need to show that you keep up to date with current affairs and are capable of writing a compelling essay. 

Some skills admissions officers will be looking for in particular include:

  • Data analysis skills
  • Interpersonal skills and social awareness
  • Critical thinking skills
  • Strong mathematical ability
  • Problem-solving skills
  • Understanding of global and local systems
  • Essay-writing skills

Make sure that you not only highlight what skills you have in your personal statement, but also explain how you have developed them. For instance, has there been a particular work experience placement in which you had to use great communication skills in order to solve a problem? Perhaps you have entered an essay-writing competition and been recognised for your ability that way. All elements of your personal statement should now start becoming woven together to support your overarching goal.

Joe’s tip: Economics students are usually curious about the world around them. They’re inquisitive, have lots of questions that they want to know the answers to, and are capable thinkers. That’s why Oxford uses the TSA (Thinking Skills Assessment) as the admissions test for its Economics courses. 

If you’re applying to Oxford, it is essential that you prepare for the TSA and aim for the highest possible score to prove the abilities you mention in your personal statement. Read our guide on preparing for the TSA for more tips. Even if your top-choice university does not require you to take the TSA you might want to take it anyway to maximise your chances of getting an offer – if you are choosing a top-tier, competitive university.

Excellent mathematical ability is a requirement for Economics courses and some Universities, such as the University of Bath, recommend you study GCE Advanced Mathematics AND further Mathematics or complete an additional Mathematics test such as STEP, MAT or TMUA. Please check the entry requirements for your chosen course on your university website. Here at the Profs, we can help you gain confidence and flourish in your mathematical ability ahead of your exams. Get in touch with us to arrange tailor-made tuition for you.

Need any guidance? We have top-tier tutors in TSA , STEP , MAT , TMUA , Maths , Further Maths and Economics on hand to help. 

Economics departments value students who have completed wider reading and have an understanding of the world beyond the school curriculum. In addition, most schools do not offer Economics as an A level, so it’s important that you develop your knowledge and give evidence of your interest in the subject outside of school. 

There are several ways you can do this. Firstly, you can read a range of Economics books. There are many popular books that can give you a solid understanding of economic theory and popular thought upon which to build at university-level. Some books you might have heard of include: ‘Freakonomics’, ‘the Undercover Economist’, ‘the Armchair Economist’, and ‘the Bottom Billion’. While these are certainly useful to read and are a good starting point, they will be common among applicants’ personal statements and, unless you go into great detail and show a critical approach, they are less likely to make you stand out. 

Consider reading books that are a little less common but still offer insightful perspectives and incorporate economic theory, such as:

  • Abhijit Banerjee and Esther Duflo. 2019. Good Economics for Hard Times -2019 Nobel Prize for Economics winners. 
  • Richard Thaler. 2009. Nudge -2017 Nobel Prize for Economics winner writes about how people make decisions and how economists can incentivise people to make better ones.
  • George A. Akerlof and Robert Shiller. 2014. Mastering Metrics -Co-authored by Nobel prize laureate Robert Schiller, this book takes you through the basics of econometric methods.
  • George A. Akerlof and Robert Shiller. 2010. Animal Spirits – Explores the link between Psychology and Economics.
  • Paul Newbold, William Carlson, and Betty Thorne. 2012. Statistics for Business and Economics  
  • Knut Sydsæter, Peter Hammond, Arne Strøm and Andrés Carvajal. 2021. Essential Mathematics for Economic Analysis. 6th Edition  

Your priority should be to go beyond your school syllabus and read at university level, whilst also finding very specific, niche, and obscure texts that your peers will not choose. Ideally, we suggest reading multiple books over the course of the year leading up to writing your personal statement (throughout your A levels or equivalent). Then, once you’ve developed your wider subject knowledge, pick one or two key texts to go into greater detail about in your statement. If you’re short on time, focus on two to three books that particularly interest you and aim to read and reference only those. You can always watch YouTube videos on the books or listen to them as audiobooks if you’re running out of time, too.

Joe’s tip: Ensure that you are identifying how the book or chapter you are referencing fuelled your interest in Economics, or what questions it raised in your mind that a degree in Economics would help to answer. Picking out one or two specific issues and/or concepts that had an impact on you and elaborating on those is the best way to avoid listing and ensure you’re offering a critical perspective. For example, you could include relevant subject terms you have learnt, poignant quotes, or insightful analysis or a particular passage. Doing this will ensure that you don’t have to explicitly point out that you are good at the subject or that you really want to study it because it will be clear from your writing. 

Staying up to date and learning about Economics doesn’t just have to be via books. Consuming a range of documentaries, podcasts and other media can enhance your learning and help you to expand your interests and knowledge. Documentaries such as Inside Job , which takes a look at the 2008 financial crisis, and The True Cost , which delves into the darker side of the global economy, are great starting points. For those who use spotify, The Economist podcast offers great insight.

If you’re at all unsure about what materials to follow and refer to, or how to evaluate them in your personal statement, let us know and we can walk you through the process.

Joe’s tip: Whatever you do , do not lie in your personal statement, this includes your extra reading and studying. You could be asked questions on anything you write in your personal statement in your interview, and nothing will put off a university more than getting caught in a lie.

Instead, if you’re running out of time, keep things simple. Make a list of the key texts you want to know more about or the documentaries you’d like to watch, then work your way through. It’s better to include a small amount of good-quality information than it is to include a lot of irrelevant or untrue information. 

The bottom line is that showing an interest in Economics requires time and effort alongside your studies. Starting to implement extra reading alongside your studies should be done at an early stage. When you start university you are expected to do extra reading, so this is a good skill to start developing now!

Once you’ve demonstrated your motivations for studying your chosen course and the relevant skills and work experience you have, you can include a line or two about any other extracurricular activities you feel are relevant. For example, if you attend any after-school clubs, such as a Maths club or a Public Speaking club, or have any hobbies that you have excelled in, this is the time to include them.

Anything that further proves your aptitude for Maths and/or Economics is great to mention e.g. tutoring younger students in Maths, completing the UK Maths Challenge or running an entrepreneurial project. Similarly, you should highlight any activities that taught you relevant transferable skills.

However, be aware that you only have so many words in your personal statement, so everything you include should be impactful and support your point that you’d be an excellent Economics student. Your constant topic should be Economics. When it comes to extracurricular activities and hobbies, unless you have competed at national level or won an award, really consider if it would be beneficial to include it in your personal statement. Only include it if you have characters to spare!

Our expert university admissions team can offer advice on gaining the right extracurricular experience as well as how to apply it in your personal statement. 

Some competitive universities (such as Oxford and Cambridge ) routinely interview candidates as part of the application process. Your UCAS personal statement will be an important deciding factor in whether you get offered an interview with your chosen university. However, if you’re invited to attend a panel interview, your statement may also be used as the basis for questions to ask you and topics to discuss.

If you know there is a chance that you will be asked to attend an interview, make sure to consider this when writing your personal statement. Look at each sentence you have written in your statement and think about what questions you could be asked about at your interview. If you are able to expand on the sentence or talk more about the topic then keep the sentence in; if you’re unable to go into any more depth, consider removing it or reframing it in a way that will make it easier for you in the interview. 

Throughout your personal statement, you should also show that you are up to date with current affairs to ensure you are able to have topical discussions in your interview. Ensure you follow the news and read relevant news stories from rigorous and reliable sources such as The Economist, The Financial Times, and The Guardian. You could be asked about how Brexit or COVID-19 has affected the economy. Or you might be asked for your opinion on the cost of living crisis, or future society being cashless. So, be prepared and also ensure that you have a few topics on hand that you can volunteer yourself. If you have formed an opinion on any articles you’ve read, you could also make a note and include these in your personal statement as evidence of your own independent thinking.

You can look up previous interview questions from the university online, this will tell you to expect some abstract questions but be aware it’s highly unlikely that you’ll be asked that exact question. Your best bet for interview preparation is to make sure you have done the extra reading, stayed up to date with current affairs, and know your personal statement!

Be sure to check out our previous article on preparing for an online interview, our founder’s article on the Kira Talent Prep Interview, and our video on how to smash a university interview. 

You don’t want to fall at the last hurdle. Your interview performance is crucial! Reach out to our experienced interview coaches for expert guidance.

The final paragraph of your Economics personal statement should summarise everything you’ve described throughout. You should conclude by stating why you think you’d be well-suited to an Economics course and why you would make a great addition to the university’s student body. You do not need to include any new examples or information here. Rather, you should summarise the key points you’ve already made and tie them back to the overarching goal and the motivations you established at the start of your statement.

Your personal statement is an important part of your Economics application, so it’s a good idea to get professional help to make it as compelling as possible. Our personal statement tutors can help you by:

Identifying where you need support in a free discovery call:

Our experts offer a free discovery call to understand your goals and needs. From this, our experienced tutors will formulate a plan of action, including helping you build your personal statement from scratch (or supporting you if you’ve already started!) and working with you on a regular, one-to-one basis.

Putting together a plan:

You should plan every stage of your university application – including your personal statement. Which universities and courses you’re applying to, what experience you have, and other contextual factors will all impact how and what you should write in your personal statement. Your statement also impacts other areas of your application which you’ll need to plan for, including admissions tests and interviews, all of which our admissions tutors can help you prepare and plan for.

Helping you develop your skills and academic profile:

A great personal statement relies on great skills and experience. Our tutors can advise you on what you can do to help build your academic profile for an Economics degree and ensure that your personal statement stands out for all the right reasons.

Giving a statement of review on your personal statement:

Once you’re in touch with one of our personal statement tutors, you can submit a draft for review. Based on many years of experience helping students refine their personal statements and get into top universities for Economics, our experts will provide detailed feedback with action points advising you on how to improve it. Nobody, not even a tutor, is allowed to make direct changes to your personal statement, and it is ultimately up to you what you write and whether you make changes based on any feedback you receive.

Proofreading for grammar:

Though it might seem obvious, proofreading for grammar before you submit your personal statement is critical to your application’s success. Grammatical mistakes – even small ones – could detract from the contents of your statement and prevent assessors from focusing on all of the fantastic skills and work experience you have. Use a document that has a spelling and grammar checker incorporated in it to avoid mistakes, and always ask a tutor, friend or family member to proofread it before submitting.

Wider application support:

Our team can also help you with your wider university application , including improving your grades, preparing for any admissions tests, and providing interview training. Get in touch with us to start your admissions tutoring today.

Also, don’t forget that we have top-tier tutors in university admissions , TSA , STEP , MAT , TMUA , Maths , Further Maths and Economics on hand to help. No matter what you need help with, we’ve got you. Our experience in offering excellent and bespoke services is precisely why we’ve got a 95% success rate in getting students offers from their first and second-choice universities! Come join the winning team.

Your personal statement is your way of introducing yourself to your chosen university. You will have limited characters so it needs to be concise whilst also conveying your positive attributes. This makes personal statement writing a momentous task for many applicants. 

However, with the right amount of skill, effort and time dedicated to your personal statement, you can win over admissions teams and get your offer! 

Our expert help is always available. Our advice is to choose your course carefully, start early, and accept the help that is offered to you. Should you seek further assistance with writing your Economics personal statement, The Profs offers dedicated professional tutors. We are experts in university admissions and personal statement writing. Just get in touch !

What should I include in my personal statement as a mature student?

The term ‘mature student’ usually refers to someone who is going to university after spending a period of time out of full-time education. Most mature students will have previous educational experience and qualifications, so if this is the case, you can talk about what you learnt, which areas you excelled in, and why you have chosen to return to education. 

If you have any large or unexplained gaps in your education or professional history, make sure you also address these in your personal statement. Your university will be keen to know that your chosen degree is not just a back-up, but that you are serious and committed, and that it is part of your academic or career plan.

How long should my personal statement be?

Will i need to do an additional mathematics test to support my application.

You must thoroughly check the entry requirements for your chosen course before you apply. Additional maths tests involve STEP , MAT and TMUA . Anyone can take these tests so long as they have access and permission from a registered test centre, more information can be found in our article about Cambridge Admissions Tests . All Economics undergraduate courses require you to demonstrate a good level of mathematical ability and while the university might not explicitly stipulate it as a requirement, taking Mathematics at an Advanced level (A-level, IB, SQA Highers etc) is most definitely desired. 

In cases where you have not studied mathematics in your higher education, but you are confident in your mathematical ability you may wish to take an additional test (MAT, STEP or TMUA) to showcase this. Other instances where an additional test could be useful are if you are a mature student who has taken a break from the education system, or you have a unique educational background (for instance did not take GCSE maths or an equivalent well-recognised qualification).

Do I need to study Further maths?

In short, no. However, showcasing a high level of mathematical ability is a requirement for most economics courses. Further Maths is not an essential requirement for an Economics undergraduate degree but it can be seen as desirable.

Is work experience essential to my application?

Work experience is a great way to develop skills relevant to your application described in Step 4 above. Many work placements directly relating to economics, finance and accounting will be competitive but it’s definitely worth trying. Soft skills such as problem-solving and interpersonal skills can be linked to many examples of real-world experience. If you cannot attain work experience directly relating to economics, try broadening your search and/or engaging in a relevant extra-curricular activity such as writing articles for your school or joining a maths club. 

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Sample Economics Personal Statement (admitted to Oxford, Cambridge, LSE)

economics personal statement help

by Talha Omer, M.Eng., Cornell Grad

In personal statement samples by field.

The following personal statement is written by an applicant who got accepted to top graduate programs in economics. Variations of this personal statement got accepted at Oxford, Cambridge, and LSE. Read this essay to get inspiration and understand what a top economics school PS should look like.

You might also be interested in reading this Statement of Purpose in Economics  that got admitted to Harvard, Yale and Princeton.

Sample Personal Statement Economics

“Flick…chuggachuggachuggaa…puttt-putttt-puutttttt…rizzzz…”

The sounds coming from near the doorway may have startled an outsider but were barely noticed by the people lounging on charpoys and mooras (wicker stools). With the atmosphere abuzz with their chatter, the sputtering sound of the diesel generator lent more time to catch up as the bulbs lit up and fans whirred on throughout the haveli (palace) on an otherwise hot evening. But on days when it refused to crackle, my grandmother would enkindle gas lanterns filling the veranda with hissing sounds and soothing moonlight rays.

I still cherish these memories from my childhood trips to XYZ, my native village, some 450kms from the closest city. At the time, the short sojourns from Kuwait felt rather adventurous. However, the perspective turned wrong when I permanently moved to XYZ. Due to unannounced electricity breakdowns, we would find ourselves groping in the dark to the closest candle stand while sweating in the scorching summer.

And just when we thought it couldn’t get worse, the occasional power breakdowns segued into a full-blown crisis of the decade. Over the next seven years, we witnessed unprecedented power outages averaging 15-18 hours daily. People weren’t just lamenting the loss of mental peace; they were mourning the monetary losses worth billions of rupees translating into 1.5% of GDP.

Fast forward 15 years, and I found myself in a position to alleviate the situation. As Deputy Administrative Head of the Government’s Economic Affairs division, I administer a departmental budget worth $500 million. I am currently undertaking solarization projects. A recent shift towards renewables has occurred after public unrest during the early decade led to hasty investments in thermal-based power plants. Unfortunately, seven years later, we are still reeling from the aftermath of a bitter public backlash as we have the lowest regional electricity consumption per capita.

In addition to high tariffs, the energy sector has been marred by the accumulation of circular debt of $30 billion. This has been caused by multiple factors, such as electricity theft, transmission losses, and non-payment of dues. Having worked in Economic Affairs Division, I have also been part of a team that took massive power sector reforms, including:

  • elimination of subsidies
  • policy formulation on electricity theft and conservation 
  • overhaul of sectoral regulatory bodies
  • privatization of distribution companies et al.

However, as the Program ended, so did the reforms.

Regrettably, negative externalities from these energy woes have had spillover effects on all socio-economic sectors. The environment has especially poorly been affected by the process for the lack of an integrated generation and transmission policy framework in the renewable industry. Being a lower riparian state has also exacerbated climate change. We face extreme weather conditions – floods, droughts, smog, and diminishing water tables. Unable to agree on water issues not covered under the Indus Water Treaty has led to regular skirmishes and legal battles in the International Court of Justice.

Given the background, my country’s economic and Energy woes require a holistic understanding of the subject. This makes Economic policy specializing in Energy the right choice for my graduate studies. Furthermore, I can become an effective leader and economist in the sector through the interdisciplinary pedagogical approach covering policy, economics, management, law; practical skills; quantitative and qualitative analysis within an international context.

My aim is socio-economic development in tandem with confidence-building measures and strategic partnerships with the neighboring countries. Studying at Oxford will provide this learning opportunity in and out of the class as I will interact with some of the most brilliant minds worldwide and work in teams with them. I also look forward to student-led events, conferences, guest lectures, field trips, and panel discussions to augment my understanding of supranational political demands. This will help me lead economic policy reforms for the next 25 years.

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Aptitude tests, higher learning, the perfect economics personal statement.

Undergraduate Economics courses are popular because an Economics degree is a recognised entry route to highly-paid professions such as banking, accountancy and consulting. University admissions tutors are therefore spoilt for choice in terms of applications from high-achieving students with spotless academic records and superb grade predictions. None of these criteria are therefore sufficient by themselves to differentiate candidates sufficiently to guarantee an offer. This is the bad news. The good news is that many of these top-class students write sub-standard personal statements and put themselves out of contention. The student with good grades and an exceptional personal statement can thus gain a competitive edge in the race for an undergraduate place at university.

So what makes for the perfect personal statement in Economics? The simple first answer to this question is genuineness and relevance. Very few A-level or IB students read Economics in more depth than their course textbooks and perhaps a few newspaper articles given to them by their teachers. They then proceed to list books, journals and magazines related to Economics which they claim to read regularly. Moreover, to make their claims sound genuine, they embellish them with elaborate discussions and opinions on economic issues which often have no theoretical relevance at all. It’s all too obvious. Students who have not read widely would be better advised to select one article, read it and comment on it intelligently. Otherwise, they should begin a programme of wider reading a year or more before writing their statement. Even when they do this, they should find a single issue to discuss concisely with references to the literature they have explored. The candidate should convey an excitement and curiosity in discovering and discussing an issue in Economics applied to a current aspect of life. Examples of relevant issues are poverty in developed economies, the instability of financial markets and the economic impacts of migration but any issue, no matter how small, can be turned into a vehicle to convey the genuine enthusiasm of the candidate for Economics.

The second essential quality in an Economics personal statement is evidence of initiative and forward planning in the field. If the student has already started the process of organising internships or other work experience related to Economics, this indicates, determination and maturity. Admissions tutors hardly expect 17-year olds to have completed internships with Morgan Stanley before starting their personal statements but the process of networking can easily be started by attending seminars on Investment Management and Economics run by top universities such as UCL. In addition, attending public lectures on Economics at the LSE and talking to other attendees afterwards is also a great way of building a network and a fabulous indication to admissions tutors that the student is not going to be just a book-reader and a repeater of received wisdom. Learning in Economics consists of discussion, debate and testing of opinions. If a candidate discusses their impressions of a seminar and is able to convey the reasons for agreeing or disagreeing with the issues at hand, he or she will be effective in tutorials and facilitate the learning of other students. Economics teachers at top universities generally enjoy engaging with curious, expressive students and the more a student is able to advertise themselves as such the better.

Having said all this, Economics at university is all about mathematics and statistical analysis these days. This may change with time as assumptions of rationality and maximisation are abandoned but, for the time being, students without a strong mathematical or statistics background when entering university will be at a distinct disadvantage unless they are able to pick up mathematical concepts very quickly. Given this fact, an Economics personal statement should contain a reference to the application of mathematics to Economics. Preferably, the candidate will have extended his or her learning of Mathematics to include some simple undergraduate topics such as the equations of demand curves or Lagrangian Multipliers. At the very least, such a paragraph indicates that the candidate is aware of the central importance of Mathematics to economic analysis at the moment.

Of course, most students apply to more than one university for Economics and may be wondering if any special provision needs to be made for this. In fact, many universities are more concerned with the aptitude of students for the Subject rather than their reasons for choosing particular universities. However, if a student wishes to mention the reasons for choosing particular institutions, it may be best to list a set of qualities which are common to his or her choices such as individual attention to student learning, good sports facilities, wide range of societies or good links to the financial services industry etc. It is both a strength and a weakness of the UCAS system that one application covers all universities and so students should not be too concerned about differentiating between universities on their application.

A more important point is perhaps the differentiation between courses when a student is applying for say Accounting and Finance as well as Economics at the same time. This form of differentiation is more difficult but cannot be ignored. One paragraph clearly explaining a student’s understanding of the differences in content between the two courses as well as the similarities should suffice but this does make the rest of the personal statement more complicated. A student would have to convey clearly their preference for both subjects as well as their aptitude in each rather than trying to write generically about both.

In all, after completing the personal statement, a student should be able to look back and see that he or she has expressed why they are enjoying their current studies, what they have learned from professionals in the field, what economic issues concern them and what practical steps they have taken in terms of gaining future employment in the field. As long as these points emerge clearly from reading the statement it can be said to be close to perfect.

For help or advice with your Economics personal statement see these pages:

Economics Tutors – Personal Statement Preparation Tutors – London Tutors

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  • Each school will ask you to write a personal statement. While the prompts vary across schools, generally a personal statement will ask you to describe your research interests, qualifications, and career goals.
  • Schools vary in their importance of the personal statement, but it is an area that students tend to have a lot of questions about.
  • The personal statement should be clear and well-written. Be realistic about your career goals. While showing interest in research in economics is important, don’t spend too much time describing your passion for economics. This will be unlikely to persuade admissions committees. Get to specifics as soon as possible.
  • For example, be as specific as possible in describing your past research and course experiences. For example, instead of writing, “I was a research assistant to Professor X and learned a lot through that experience”, spell out exactly what you did. Did you implement data analysis for Professor X? Was that analysis based on a recent methodological advance that you needed to figure out? What type of analysis was it? How did you solve the problems that occurred when implementing the analysis? Be as specific as possible. If you relied on coursework (for example, you proofread and edited a proof in a paper), mention the mathematical background that allowed you to accomplish this task.
  • You should describe potential research interests, but you don’t need to know exactly what you would like to research in graduate school. Interests change, and it is unlikely admissions committee will place tremendous stock in the specifics of your research proposal. In describing potential research, you should write clearly about your interests and show that you understand how to discuss a potential research project in economics. You can ask an advisor or letter-writer to look over your personal statement.
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Msc economics personal statement example.

Economics is a social science that uses mathematical models and empirical evidence to understand how people use resources, produce goods and services, and interact with each other to create economic systems. The study of economics plays a vital role in helping us understand how the decisions we make as individuals and as a society affect the financial well-being of our community. The overarching goal of my MSc program in Economics is to provide me with the knowledge and skills required to become a successful economist by equipping me with the necessary theoretical knowledge and analytical tools to understand and analyze the economic behavior of individuals and societies. This program would help me to develop strong quantitative skills which are critical to the field of economics and would allow me to pursue a successful career in academics or private sector banks.

My background in the field of economics has provided me with a solid foundation in the basic concepts of economic theory and helped me develop a strong proficiency in the use of statistical and econometric methods. I have significant experience in conducting empirical research projects and developing a sound understanding of complex empirical phenomena. I have also gained considerable experience supervising research projects and student projects and have worked on several different research projects involving various methodologies and statistical models including factor analysis, regression analysis, difference-in-differences, and multiple regression. In addition, I have developed a thorough understanding of the theories and methods of microeconomics and macroeconomics and have gained a solid experience of the different concepts in economics and their application to the real world.

I believe that I am well prepared to embark on a career as a successful economist and that this program would be an excellent way for me to advance my career goals and achieve my dreams of becoming a successful economist. I have a strong desire to succeed and a passion for the field of economics which will allow me to excel in this program and become a valuable asset to my future employer. I have a background in economics from one of the leading universities in Pakistan and a bachelor’s degree in Economics from a university in the US. I have been awarded the Dean’s Honor List every year during my undergraduate studies and my academic record has been consistently good throughout my academic career. I have been an active member of the Economics Association and have been organizing and leading seminars for undergraduate students. I also have a passion for research and have been a research assistant for several professors and Ph.D. students.

Please feel free to contact me if you have any questions regarding my application or my current educational goals. I look forward to your response and am grateful for your time. My name is XXXXX XXXXX and I currently live in the United States. I am a first-year graduate student at Vanderbilt University and I am enrolled in the Master of Professional Studies in Applied Economics and Management program. This program will give me the skills and experience I need to successfully enter the workforce as an economist once I graduate. My previous education has helped me develop a strong analytical skill set and the ability to analyze complex data to solve economic problems. I also have a strong understanding of economic theory which I believe will help me excel in my career as a financial analyst in the future. I come from a highly academic and family-oriented background where I was taught the importance of hard work and dedication from a young age. I have always had a passion for economics and my parents have always been supportive of my educational aspirations. For these reasons, I decided to pursue a degree in economics and pursue a career in this field. I am extremely passionate about my career and would like to work with the government one day to help improve the economic conditions of the people of Pakistan. Therefore, I am applying for this graduate program to gain the knowledge and skills I will need to succeed in my career.

As a graduate student in this program, I will gain the necessary skills and knowledge needed to become a successful financial analyst.

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Personal statement

The quality of an applicant's personal statement is very important at LSE. The School does not interview for places so this is an applicant’s only opportunity to demonstrate they are a good fit for the course. Applicants should consult the advice here, as well as advice from UCAS when preparing to complete this section of their application. 

Please note that writing a personal statement following the guidelines below does not guarantee an offer of admission. Personal statements are looked at on a comparative basis and there is a great deal of competition for places at LSE. 

LSE does not accept additional or supplementary personal statements. We can only consider the personal statement submitted via UCAS.

Writing your personal statement

We expect that your submitted Personal Statement is structured and coherent and that you fully utilise the space available on your UCAS application form. We expect that you have checked spelling, punctuation, and grammar and that your Personal Statement flows in a logical order. We expect that your Personal Statement is entirely your own original work. We reserve the right to reject your application where it has been found that a statement has significant similarities to a previous submission or has been created with the use of Artificial Intelligence.

Before you start writing, do your research

Before you start writing your personal statement, you should visit our course guides . These guides give information on the course content of each of our undergraduate programmes. 

When assessing your personal statement our Admissions Selectors will look at how well your academic interests align with the LSE course. So, for example, the Anthropology Admissions Selector is likely to prefer a statement which focuses mainly on social anthropology - which is taught at LSE - over one which suggests the applicant is very interested in biological anthropology, or a combined degree with archaeology, as these courses are not offered at the School. 

Similarly, a personal statement which shows an interest mostly in modern international history (the focus of LSE’s International History course) is likely to be more competitive than one which shows a significant interest in ancient history, as LSE does not offer any ancient history units.   

If you are applying for a range of slightly different courses, we recommend that you focus your personal statement on the areas of overlap between them, so that your statement appeals to all of your UCAS choices. It is important to note that LSE does not accept replacement or supplementary personal statements. 

What to include in your personal statement

Your personal statement should discuss for the most part your academic interest in the subject you wish to study. One way to think about the personal statement is to reflect on what we expect from LSE undergraduates: we ask them to learn about topics relevant to their course, through reading or other experiences, and then discuss the ideas they have encountered in academic essays. This is the skill we look for in the personal statement and we recommend at least 80% of your statement should be dedicated to this type of academic discussion. 

How you show your wider engagement with your subject is entirely up to you. Our Selectors look for students who can best reflect on the experiences and academic ideas they have encountered through the opportunities available to them, not those who have had the best opportunities. If you are not sure where to start, you could try listening to podcasts of LSE public events or look in the prospectus for examples of suggested reading. Remember we are interested not just in a list of what you have read/encountered, but evidence you have reflected on the academic ideas. 

To help you begin, there are several questions you could think about:

  • Why have you chosen the course? What attracted you to the subject? Which aspects of the subject have interested you sufficiently to want to study it at degree level? Is there a specific area of the subject you wish to focus on? What are the big issues in the subject, and what do you find most interesting about them? What are your thoughts on these topics?
  • Have you developed your subject interest outside of your school studies? For example, have you undertaken any additional reading to broaden your knowledge of the subject? Have you attended lectures or explored online material relating to the subject? What did you find interesting in your reading/in the lectures you attended and what are your thoughts on the topics covered?
  • Have you gained any skills from your other school subjects that complement your application to study your chosen subject? Have you had the opportunity to undertake work experience relevant to your application? If you did, how did this experience give you a wider understanding of the topics you will study at university?
  • Have you attended any schemes or activities at LSE or other universities, such as Summer Schools, Saturday Schools, LSE Choice, etc? What you have learned from these? Have they furthered your knowledge of or interest in your chosen subject?

If you are applying for deferred entry, as well as thinking about the questions listed above, you may also wish to indicate (briefly) why you are taking a gap year and what you plan to do during the year. 

If you are applying as a post-qualified student (ie, you have already received your final results), you may wish to mention briefly what you have been doing since your exams. 

Please note : You are not expected to simply answer all of the questions above; these questions are merely intended to give you some guidance as to what to think about when writing your statement. 

Extra-curricular activities

At LSE you are admitted to study a particular degree course so the majority of your personal statement − at least 80% − should focus on your academic interest in that subject. Many students like to include some details of their extra-curricular activities such as involvement in sports, the arts, volunteering or student government. As our Selectors are most interested in your academic interests, we recommend that no more than 20% of your statement is spent discussing extra-curricular activities. 

Applying to combined degree programmes

LSE offers a number of combined degree programmes. If you are applying to one of these programmes, you are advised to give equal weighting to each subject in your statement. For instance, if you are applying to our Politics and Economics degree, you must show evidence of interest in both subjects; a statement weighted towards only one aspect of the degree will be significantly less competitive.

Example of a poor personal statement

"I have always dreamed of coming to LSE since I was young. It has been a dream of mine to study at this institution, which is well renowned for its social science courses.  

I am currently studying History, English and Business and Management at Higher level and Italian, Maths and Chemistry at Standard level in the International Baccalaureate, and feel that these subjects are providing me with a solid background for university study.  

I want to study History because I want to be a world class Historian, and feel that this degree will help me. I am especially interested in Ancient History, particularly the history concerning the Roman Empire. I am fascinated by the way in which the empire was run, and the events that led to its downfall.  

"I was the captain of the school football team, and this has taught me the importance of working together as a team, and allowed me to prioritise my time between my studies and football practice. I feel that this has provided me with the experience to successfully balance my academic and social life, and I plan to continue this balance whilst at university.  

It is my dream to become an alumnus of the School, and I am sure that as I am the top student of my class, you will offer me a place."  

This brief example of a personal statement is poor. The applicant has mentioned an interest in history but they have not discussed this in depth or shown any evidence of wider engagement with the subject. Where the applicant does talk about history, the discussion is superficial and focussed on ancient history, which LSE does not offer as part of our history course. 

The applicant has specifically mentioned LSE, which is likely to be unattractive to their other choices, and has wasted space listing their International Baccalaureate subjects, which would be shown in the qualifications section. The applicant has described how a history degree will help them get the job they later want, rather than what they are looking forward to studying during the degree. 

The applicant has reflected on the transferable skills they have developed leading the football team. This is good, but it would be nice to see the same level of reflection applied to academic topics - this student has spent more time talking about football than about history. 

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Successful Oxbridge Personal Statements

Your Personal Statement is the first demonstration of your character that the admissions teams at Oxford and Cambridge will see. Your perfect Personal Statement can only be written by yourself as it has to convey exactly who you are, why you want to study at Oxbridge and why you deserve to be there. But that doesn't mean help isn't available. There are many things to learn that can improve the effectiveness of your statement when implemented correctly. One of the best ways to get a deeper understanding of what makes a good Personal Statement is to read successful statements that have transferable qualities. This page features over 25 Successful Oxbridge Personal Statements from a whole variety of subjects. Read through them and learn what makes them so good (as well as the mistakes that some make), so that you can create a strong base for your own writing.

Why are Personal Statements Important?

Your personal statement is essentially you introducing yourself to the Oxbridge admissions teams and explaining why you should be given an offer on their courses. It’s a piece of writing that will have a lasting impact throughout the application process, so you need to make the best first impression.

The admissions teams aren’t just interested in the achievements that you have made or the grades you have earned; they are looking for applicants with the right attitude for the course. They need applicants who can go the extra mile, have a true understanding of the subject and have the qualities needed to become successful in their chosen field. All of these things can be expressed in a well-written personal statement.

How To Prepare for your Personal Statement

Your personal statement may not be prepared for in the same way as an entrance exam, but there are still things you can do both before and during the writing process.

Firstly, it’s a good idea to view examples of successful personal statements, such as the 25 + available below. It helps to view those related to your chosen subject, but there are still benefits to looking through as many as possible. 

Beyond this, learning specific techniques and advice from experts will also help. Our Premium Oxbridge Programmes provide a wide variety of support, including books and courses, all of which are designed to help you write the perfect personal statement. View our courses page to find out everything that we can do to help your application. 

Download our FREE 80-Page Personal Statement Starter Guide

We have developed an 80-page E-Book filled with expert Personal Statement Advice. Inside, you’ll find guides on planning and writing your personal statement, as well as our full collection of 25+ Successful Oxbridge Personal Statements. 

To access all this for free, just enter your name and email address and you’ll be sent the guide directly to your inbox. 

Successful Oxbridge Personal Statement Examples

Successful humanities personal statements, cambridge law ★ ★ ★ ☆ ☆, oxford law ★ ★ ★ ★ ☆, oxford law & french ★ ★ ★ ★ ☆, oxford economics & management ★ ★ ★ ★ ☆, cambridge economics ★ ★ ★ ★ ★, cambridge land economy ★ ★ ★ ★ ☆, cambridge classics ★ ★ ★ ★ ☆, oxford classics ★ ★ ★ ☆ ☆, cambridge pbs ★ ★ ★ ☆ ☆, oxford psychology ★ ★ ★ ★ ☆, cambridge philosophy ★ ★ ★ ★ ★, oxford ppe ★ ★ ★ ★ ☆, cambridge english ★ ★ ★ ☆ ☆, oxford english language & literature ★ ★ ★ ★ ☆, oxford modern languages ★ ★ ★ ★ ☆, oxford geography ★ ★ ★ ★ ★, oxford history ★ ★ ★ ★ ☆, successful science personal statements, cambridge medicine ★ ★ ★ ★ ☆, oxford medicine ★ ★ ★ ☆ ☆, cambridge veterinary medicine ★ ★ ★ ★ ☆, kcl dentistry ★ ★ ★ ☆ ☆, cambridge natural sciences (bio) ★ ★ ★ ★ ★, cambridge natural sciences (phy) ★ ★ ★ ★ ☆, oxford physics ★ ★ ★ ★ ★, oxford chemistry ★ ★ ★ ★ ★, cambridge engineering ★ ★ ★ ★ ☆, oxford engineering ★ ★ ★ ★ ☆, cambridge maths & physics ★ ★ ★ ★ ★, oxford computer science ★ ★ ★ ★ ☆, personal statement posts from our blog.

  • The Ultimate UCAS Personal Statement Guide
  • Personal Statement Cheat Sheet
  • How to Write an Oxbridge Personal Statement
  • Common Personal Statement Mistakes
  • How to Plan your Personal Statement
  • How to Make Your Personal Statement Stand out

Successful Personal Statement For Medicine At Oxford University

Writing a Medicine Personal Statement for Oxford? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study Medicine at Oxford.

Successful Personal Statement For Law At Cambridge

Writing a Law Personal Statement for Cambridge? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study Law at Cambridge.

Successful Personal Statement Example For Computer Science At Oxford

Read through a successful Computer Science Personal Statement for Oxford with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive an Oxford offer.

Successful Personal Statement For Economics At Cambridge

Read through a successful Economics Personal Statement for Cambridge with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive a Cambridge offer.

Successful Personal Statement For Economics & Management At Oxford

Writing an Economics and Management Personal Statement for Oxford? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study E&M at Oxford.

Successful Personal Statement For PPE At Oxford

Writing a PPE Personal Statement for Oxford? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study PPE at Oxford.

Successful Personal Statement For Law At Oxford

Read through a successful Law Personal Statement for Oxford with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive an Oxford offer.

Successful Personal Statement For Natural Science (Physical) At Cambridge

Read through a successful Natural Science Personal Statement for Cambridge with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive a Cambridge offer.

Successful Personal Statement For Natural Sciences (Biological) At Cambridge

Writing a Natural Sciences (Biological) Personal Statement for Cambridge? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study Natural Sciences at Cambridge.

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  • Economics personal statement examples

Economics degree personal statement example (1e) UCL offer

This is a real personal statement written by a student for their university application. It might help you decide what to include in your own. There are lots more examples in our collection of sample personal statements . 

Travelling around the world, and having visited places including America and Iran, has allowed me to personally witness different economies and ignited my curiosity as to why they fluctuate. The reason why more poverty is seen in the streets of Tehran then in California, is mainly down to how well the resources at hand are used. Knowing that today’s society is driven by economic decisions, not only gives me great pleasure in studying the subject, but motivates me to succeed in it. I was greatly inspired by Edmund Phelps’ analysis of tradeoffs in macroeconomic policy. The way Phelps illustrated that there is no long-run trade-off between low employment and low inflation, due to consumers and companies expectations of future prices, showed me how simple concepts can be broken down further.

I have always been inspired by Mathematics and choosing it at A-Level was a natural decision for me, because solving complex problems grants me endless self-fulfilment. Further mathematics will allow me to appreciate the complexity of the subject, and improve my mathematical and statistical abilities, in order to build me a strong foundation before going to university. Mathematical theories trigger the execution of virtually all actions and I relish applying them to economic principles. After having taken Economics at AS-Level, I was rapt with it straight away. Understanding the fundamental significance of why principles like the implementation of ‘maximum prices’ has brought me much enthusiasm to broaden my knowledge in the subject. This includes keeping updated with economic issues using online resources as well as periodicals, making me aware of why certain disciplines are undertaken to facilitate the macro economy, such as the altering of interest rates and exchange rates. My eagerness made me read ‘A Guide to Game Theory’ (Fiona Carmichael), as it had a diverse range of analytical strategies used to solve problems. I was also fortunate enough to attend a lecture by Tim Harford, the author of ‘The Undercover Economist’, where he discussed his views on rational decisions. This gave me a better insight on how economists think and nurtured my interest in the subject. As I learnt how every factor is taken into consideration before making a decision.

Being involved in the school council gave me a better awareness of a budget. As we had to consider the opportunity costs in decision making. I was elected Finance Director in a Young Enterprise group, which was an invaluable experience. Being able to work in a business with others allowed my skills such as team-work and organisation to be developed, as strict deadlines had to be met. I also undertook work experience at ‘Ridley’s Solicitors’, where I had to do banking, and was able to witness whether the company was maximising their utility. As part of community service, I am a literacy mentor for the younger years at my school. This has allowed me to give back to my school in recognition of its help. This gives me great pride as its positive externalities will benefit the community in the long run. As the future labour force will have opportunity to be as trained as possible. I have participated in the maths challenge for the past six years and have managed to receive a gold certificate on several occasions. I enjoy sports and have shown my dedication by being part of the athletics, football and rugby teams throughout my schooling career, as well as captaining my local football team for five years. This highlighted leadership and motivating others in a team.

The last few years have equipped me for university life, not only because of the commitment of working independently and in a team, but being able to socialise with a variety of students with different backgrounds. Knowing that the degree involves a lot of maths and stats, makes Economics the ideal degree for me to pursue, as I also have a keen interest in the running of the world around you

Universities Applied to:

  • UCL - Economics - Offer
  • UCL - Economics and Statistics
  • LSE - Economics
  • LSE - Mathematics and Economics
  • SOAS - Economics

Grades Achieved:

A-LEVELS (predicted grades):

  • Further MAths - A
  • Economics - A
  • Computing - A
  • Business Studies (AS) - A
  • 4A*s 4As 1B 0.5C

Reviewers comment:

  • First paragraph is excellent because it directly mentions how they started getting interested in economics and explains this through referencing an analysis.
  • Too much A-level content.
  • Books mentioned are good but can be expanded. Currently they are just listed as having been read, admissions staff are looking for what they learned and why it interested the applicant.
  • Penultimate paragraph can be split up. Have one section for work experience and another for extra-curricular activities.
  • Tone is too informal in places.

Find expert advice on writing an excellent personal statement over on The Uni Guide.

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economics personal statement help

Personal Statements Bank

Want some help from successful applicants.

Writing your personal statement can be daunting – for many university applicants it might be their first time preparing a formal summary of their academic achievements, and that can often feel boastful or uncomfortable – where should you even begin!?

Our current students have very kindly given us permission to publish some of their unammended personal statements to help give you some suggestions as to how to structure your personal statement. Most importantly, these personal statements are by no means perfect, but they earned these students their places at the University of Oxford, and therefore your personal statement doesn't have to be perfect either. 

If you haven't already, check out our Personal Statements Overview video where we explain the basics of personal statements, and watch our Personal Statements Tips video, where students give some of the advice they found most useful when writing their own personal statements. Even if the subject you are applying for isn't contained in the list below, seeing how the students structured their personal statements and the kinds of language & sentences they used can be really useful in writing your own – but always make sure to be original and not plagiarise! UCAS does use anti-plagiarism software to verify each personal statement's originality.

This page is being regularly updated as more St Anne's students kindly submit their personal statements, so watch this space for developments. If there isn't yet an example personal statement here for the subject you're applying for, then please get in touch and we may still have one on-file that we can send to you.

Academic year application was made:  2022-23

What attracts me to biochemistry is the potential to explore the molecular intricacies that uphold life in all its forms. I find it compelling how the closer I look into a certain function, the more complex it becomes. Learning about immunology in A-Level biology piqued my initial interest in biochemistry, as I questioned how communication between cells occurs. This inspired me to read ‘Immune: A Journey into the Mysterious System that Keeps Us Alive’ by Philip Dettmer, which deepened my interest as I discovered the vast diversity of cells in the immune system. My previous perception of immune cells fighting pathogens was elevated to a sophisticated sequence of cells and molecules interacting to defend the body via initiation, propagation and termination of the immune response. I was also fascinated by the key role of proteins in the mechanisms of immune cells, such as signalling and response.

My research into proteomics led me to a podcast on protein structure and AI, where researchers discussed the development of an AI computer programme, AlphaFold2 (AF2): a breakthrough in predicting the 3D structure of proteins using existing data. The importance of this technological advance was stressed to me as I investigated protein structure further. I learned about Levinthal’s paradox, which illustrates the complexity of the protein folding problem and helped me to grasp the significance and potential of AF2. I gained an appreciation for the increasing relevance of bioinformatics in life science. It was also exciting to learn of the advances in molecular medicine that AF2 can lead to. I attended a taster lecture at Oxford focusing on physiological adaptations of the neuromuscular junction. A memorable segment looked at the crucial function of SNARE proteins in membrane fusion, and their importance in synapse transmission. I thought back to AF2’s discovery and how it can allow scientists to model these kinds of proteins more accurately. At university, I hope to delve further into the field of computational biochemistry and its future applications, such as advancements in drug development. It amazes me how understanding details of life on a molecular level can answer wider questions and help to solve real-life problems.

My interest in cells motivated me to engage in Gonville and Caius’ essay competition, answering the question “What are the logistical challenges of multicellularity and how do organisms overcome them?”. I enjoyed evaluating the pros and cons of organisms becoming multicellular, and the evolutionary stages that led to the unique range of life that we observe today. It revealed to me many advantages of unicellularity that I had not considered before, such as exchange with the environment and adapting to changing conditions. While researching single-celled organisms, I was struck by the simplicity of some of their structures and behaviours, leading me to question the borderline between living and non-living matter. I was inspired to read Prof. Paul Davies’ article titled “What is life?” which examines the philosophical and scientific debate surrounding matter and life. Aristotle took a teleological approach, while Schrodinger suggested that new laws of nature may be required to fully comprehend life. From a biochemist’s perspective, I would counter that life is a series of chemical reactions occurring within and between cells, evolved for sustenance and reproduction. It is this seemingly simple yet astonishingly complex idea which makes biochemistry so enthralling to me.

Aside from my studies, I’m also an active member of my community. In addition to volunteering and mentoring, I cultivated my leadership skills and initiative to celebrate diversity at my school by leading the organisation of our first ever Culture Week. Through this, I developed my teamwork and management skills, which are applicable in any lab setting. I was glad to make an impact at my school, and look forward to continuing to do so at university.

My interest in biochemistry began while I read an article on the dynamics of ssDNA hybridisation. The scientists achieved an extraordinary amount of detail when using TIRF imaging. They revealed the kinetics of independent strands and explained how these were affected by extrinsic factors with the Eyring equation. Their precision inspired me – chemical principles can be applied to produce a dynamic view of biological systems. The overlap between biology and chemistry highlighted the intricacies of the molecules which allow for life – all of which contain carbon. This special atom has the perfect number of electrons to have sp3 hybridised orbitals, lending it the ability to form 4 equal sigma bonds and long chains – a phenomenon known as catenation. When a lecture and supervision by Stewart Sage of Selwyn College, Cambridge presented the delicate subcellular pathways of osmoregulation, I was fixed on learning more about the chemistry of life. Having taken part in the Cambridge Chemistry Challenge, I enjoy being exposed to problems which at first seem challenging but can be solved by applying prior knowledge in elegant ways. I have been especially interested in methods with which enzymes carry out their functions. By gaining a detailed understanding of these mechanisms, we can seek to use the biological machinery to our advantage, as I saw when at the Royal Institution. I was tasked with using gel electrophoresis to compare DNA fragments from different group A Streptococci strains. After running the gel successfully, I understood that palindromic mutations in the fragments had acted as markers for the restriction enzymes, producing DNA bands which were identifiable with the ladder. When analysing the results, we were able to predict the severity of the infection, ranging from mild strep throat to necrotising fasciitis. The first section of MITx’s Molecular Biology MOOC, discussing DNA replication and repair, drew me more towards enzyme mechanics. I enjoyed learning about the structure of DNA polymerase and how its ‘fingers’ hold dNTPs in place using pi-stacking, interactions with other charged amino acids in the O-helix, and Mg2+ ions. Nucleotide tautomerisation also poses a threat to the accuracy of replication; therefore, the dienzyme contains a proofreading exonuclease, making the process 100 times more accurate. The overlap between mutation and apoptosis interested me; changes in the fine balance between bcl2 and Bax expressions could escalate to cell death, with bh3 mimetic drugs being used to combat this. I saw how problems in the biological field could be solved using chemistry. Articles on the pathophysiology of Parkinson’s and ARMD led me to read about iPSCs and their use in deriving specialised tissues in vitro – tissues which were used as organoids to study potential therapies for the diseases. After listening to Shinya Yamanaka’s lecture on the future of iPSCs, I was inspired to undertake an EPQ dissertation on the viability of iPSCs in precision medicine. During the research phase, I shadowed researchers in the UCL Institute of Ophthalmology, where I was trained in primer design, protein BLAST, western blots, genotyping murine lines, and PBMC isolation. Above all, I was able to speak to researchers in Prof. Pete Coffey’s lab about their work using a patient-derived iPSC organoid model. This led me closer to understanding how research was approaching to their use in medicine – the team had already developed a strong stem cell replacement therapy. I found an importance in self-study early as I taught myself the drums and guitar to a high level. This gave me a sense of accomplishment as I sought to imitate this in other impersonal interests. In college, I found it fulfilling to study ancient world literature, via a MOOC; stretching my interests in the arts, I read classical plays and joined a college poetry society. On my DofE Bronze expedition, I developed an interest in adventure sports, camping frequently since.

Academic year application was made: 2021-22

Used to also apply for: Medical Biosciences; Biochemistry

Used to also apply for: Geology

Used to also apply for: Mechanical Engineering

From the age of seven I have had a world map on my bedroom wall. I was fascinated by the borders, flags, and the perspective it gave me of my position in the wider world. Throughout the years since, I have loved the natural world and embraced every opportunity to be outside and explore the physical landscape.
My interest in Geography started as a desire to learn and understand how and why the world around me has formed. Studying Geography has allowed me to immerse myself into the breadth of the subject and I have been fascinated by the intricacies of mobilities within Geography, as well as the many issues and challenges associated with transport planning in the cities of our world. My interest in Urban Geography was first ignited when I was awarded ‘Highly Commended’ in an international Geography essay writing competition, working on this essay provided an opportunity for me to develop my research and analytical skills. I explored affordable ways to solve London’s housing crisis and was inspired by the architect Walter Segal, Chile’s ‘Half Houses’ and other bottom up, community led approaches to development. This led to a further research project into the implementation of ‘Shared Spaces’ and a video call with an Urban Planner in Portland, Oregon. Throughout these projects, I was challenged to consider different forms of active transport, designed to improve safety for cyclists and pedestrians. As I worked on my Shared Space project, I investigated the accessibility and inclusivity issues surrounding implementing Shared Spaces, leading me to consider alternative modes of active transport, including cycleways. I am now researching a cycleway in Cardiff for my Geography Non-Examined Assessment, and have been in contact with members of the Welsh Government who played key roles in designing and planning the scheme. Part of this coursework involved me meeting and interviewing business owners who had been impacted by the cycleway. I have thoroughly enjoyed this aspect of geographical fieldwork and getting to know the individual stakeholders, who were impacted, gave me a valuable insight into the challenges of government initiatives versus community led development.
I further broadened my experience during a week with a Chartered Surveying company where I observed another stakeholder’s viewpoint. I learnt about rural land management from a professional business perspective and had a basic introduction into the role of GIS and Mapping within infrastructure planning (inspired by my love of maps). This brought to life many of the geographies surrounding conflicts between opposing stakeholders, and allowed me to empathise with different people impacted by new developments. As my interest in Urban Geographies has grown, I remain passionate about Physical Geography and am concerned about the environmental impact of our everyday lives. I have been a founding member of my Sixth Form’s Environmental Society, and have taken a leading role in establishing the new ‘College Community Garden’ as well as other projects designed to reduce my College’s carbon footprint. Further opportunities for leadership have become possible through Duke of Edinburgh Gold and Scouting, as I have shared my experience and skills in team situations. As a Young Leader with the Cub Scouts and youth representative on the District Executive Committee for Mid Cheshire Scouts, I have grown in confidence and learnt to communicate effectively across age groups in different situations and with different stakeholders.
10 years later, the same map is still up on my wall, and I am even more fascinated by the world in which we live. I am driven to understand more about the geographies of our world and a degree in Geography is my next step in learning how I can make a positive contribution to our planet within my lifetime.

Academic year application was made:  2021-22

Academic year application was made: 2019-20

Used to also apply for: Liberal arts; Languages and cultures; Sociology

Without studying History, we would never draw patterns in our failures to act with humanity, nor prevent such patterns from recurring. When I visited Auschwitz Birkenau as a HET Ambassador its emptiness infuriated me, for it serves as a reminder of the grim capacity of humans to facilitate genocide remorselessly until caught in the act, but this lesson is lost without the correct historical context. Hearing an account of the bureaucracy involved in transporting 1800 Jews from Corfu to Auschwitz enlightened me to the consequences of being a bystander, but through studying History, we reject complacency on behalf of those who made that mistake before us.
Attending two university summer schools encouraged me to assess different sources and compare historians’ interpretations whilst presenting my own, a skill that I have developed through evaluating case studies in A-Level Sociology and apply to historiographical debate through my NEA. From these residentials I gained an awareness of how society is fabricated through headlines and omissions. For this reason, I believe that engagement with History is inseparable from engagement with the present day, for historians’ skills are crucial for navigating current affairs. By studying History at a higher level, I hope to reach beyond the timeline of events and influential figures that constitutes mainstream history, uncovering who is missing from this grand rhetoric, which in truth, is a product of the biases of those who have made active decisions over time to construct it; a systemic erasure of women and people of colour. Through Cheryl Rubenberg’s book ‘Palestinian Women’, I found that this process of erasure persists where women still suffer immense exploitation, due to the inadvertent ignorance of those with the privilege to speak on their behalf towards rural areas of the country.
The value of Spanish proficiency today cannot be underestimated, given how the impending Venezuelan migrant crisis and xenophobic rhetoric that pollutes the US border lend a growing political relevance to Spanish. Investigating Hispanic culture has shown me how languages provide a broader perspective of History that would otherwise have been overlooked; the series ‘Las Chicas del Cable’ offers a convergence of my interests in Women’s History and Spanish, and my interest in the artist Frida Kahlo enhanced my understanding of the Russian communist movement as I uncovered her involvement with Leon Trotsky. I am determined to continue advancing with my Spanish, as languages grant access to primary sources such as oral history, and empower human connection. I have shown dedication to Spanish by aiding a Year 11 class with their grammar and pronunciation, which motivated me to busk to fundraise for a TEFL project abroad.
I am eager to continue my extra-curricular interests of drama and music at university, as I value the strong sense of community that musical theatre cultivates. At school, I recently played Sandy in Grease, a demanding role but one that I relished, often leading warm-ups for younger students and peers. I accredit much of my self-confidence and drive to my involvement with MH:2K, a project which gave me the opportunity to collaborate with like-minded young people on the creation and delivery of workshops about youth mental health. We then pitched proposals for policies and activities that would support young people’s wellbeing to over 200 decision makers and social workers. These projects have reminded me to maintain a positive outlook when facing difficulty and provided insight into effective individual and collective working, thus they have not acted as a detriment to my studies but enhanced them greatly.
I believe that the personal and academic skills that I have gained from these experiences combined with my high level of self-motivation and enthusiasm for knowledge demonstrate my suitability for university life and the demands of pursuing History and Spanish at a more advanced level.

Academic year application was made: 2022-23

Academic year application was made: 2020-21

Used to also apply for: Theoretical Physics; Mathematics and Physics

Current St Anne’s Students

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  1. MY LSE ECONOMICS PERSONAL STATEMENT & BEST TIPS ON UNI APPLICATIONS

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  4. Economics personal statement example for lse

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  5. Finance and Economics MSc Personal Statement

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  1. Tips for Preparing a Standout Dartmouth Application

  2. Why Norway Became Rich From Oil But The UK Lost Out

  3. Reading My Personal Statement

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  5. Sample Logic Game

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COMMENTS

  1. Economics Personal Statement Guide

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  4. Economics Personal Statements

    Economics Personal Statement Example 5. Choosing an undergraduate degree in economics is a result of my deep seated curiosity to know why economies are they way they are; why oil prices in my country, Pakistan, rapidly fluctuate whereas economies like USA and China continue to strengthen despite recessions...

  5. Personal statement advice: economics

    What to include in your economics personal statement. Your long-term goals: explain how your degree choice fits with your future ambitions and career aspirations. Wider reading: do pick out one or two specific issues that had an impact on you - just saying you subscribe to 'The Economist' or 'The FT' or that you've read ...

  6. How to Write your Economics Personal Statement

    Suppose now you have your list of supercurricular activities. You can use these to form the main body of your personal statement. For these activities, as above, group them into particular paragraphs. This grouping could be based on the topic of the supercurricular activities. You could aim for 2-4 activities per paragraph.

  7. Top Tips for a Cambridge Economics Personal Statement

    General Advice for Cambridge Personal Statement. Top 5 Tips for your Cambridge Economics Personal Statement. 1. Demonstrate that you are well-read in economics. 2. Demonstrating that you are proficient or interested in Mathematics. 3. Focusing your application on your interest in Economics. 4.

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  9. Successful Personal Statement For Economics At Cambridge

    This statement is thoughtful and interesting, and conveys clear motivations for studying Economics, as well as demonstrating a good level of preparation for university study. The student elaborates on their response to each preparatory activity they engaged in, rather than falling into the trap of simply listing books read and lectures attended.

  10. Economics Masters Personal Statement Sample

    Economics Masters Personal Statement Sample. Written by Hannah Slack. This is an example personal statement for a Masters degree application in Economics. See our guide for advice on writing your own postgraduate personal statement. The notion of financial risk has always fascinated me.

  11. Successful Personal Statement For Economics & Management At Oxford

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  13. Sample Economics Personal Statement (admitted to ...

    The following personal statement is written by an applicant who got accepted to top graduate programs in economics. Variations of this personal statement got accepted at Oxford, Cambridge, and LSE. Read this essay to get inspiration and understand what a top economics school PS should look like. You might also be interested in reading this ...

  14. The Perfect Economics Personal Statement

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  15. Writing Personal Statements

    Writing Personal Statements. Each school will ask you to write a personal statement. While the prompts vary across schools, generally a personal statement will ask you to describe your research interests, qualifications, and career goals. Schools vary in their importance of the personal statement, but it is an area that students tend to have a ...

  16. Economics degree personal statement example (2d) with review

    Economics degree personal statement example (2d) with review. This is a real personal statement written by a student for their university application. It might help you decide what to include in your own. There are lots more examples in our collection of sample personal statements. I am applying to study a degree in economics principally ...

  17. BSc Economics Personal Statement

    Taken from 131,500+ data points from students attending university to help future generations . Find out more . About our Rankings. Discover university rankings devised from data collected from current students. ... Economics and Management Personal Statement . Economics attempts to understand and address many of the world's most serious ...

  18. Economics & Statistics Personal Statement Example

    Through my exciting internships and motivated self-study, I have been committed to engaging with Economics and Mathematics both in theory and in practice, to deepen my passion and skills for these subjects in preparation for my degree. This personal statement was written by zzXragXzz for application in 2013. zzXragXzz's university choices.

  19. MSc Economics Personal Statement Example

    This personal statement is unrated. Economics is a social science that uses mathematical models and empirical evidence to understand how people use resources, produce goods and services, and interact with each other to create economic systems. The study of economics plays a vital role in helping us understand how the decisions we make as ...

  20. Economics Personal Statement 10

    Taken from 131,500+ data points from students attending university to help future generations . Find out more . About our Rankings. Discover university rankings devised from data collected from current students. ... Economics and Management Personal Statement . Economics attempts to understand and address many of the world's most serious ...

  21. Personal statement

    Personal statements are looked at on a comparative basis and there is a great deal of competition for places at LSE. ... To help you begin, there are several questions you could think about: ... to give equal weighting to each subject in your statement. For instance, if you are applying to our Politics and Economics degree, you must show ...

  22. Successful Oxbridge Personal Statements

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  23. Economics degree personal statement example (1e) UCL offer

    Economics degree personal statement example (1e) UCL offer. This is a real personal statement written by a student for their university application. It might help you decide what to include in your own. There are lots more examples in our collection of sample personal statements. Travelling around the world, and having visited places including ...

  24. Personal Statements Bank

    Personal Statements Bank. ... Our current students have very kindly given us permission to publish some of their unammended personal statements to help give you some suggestions as to how to structure your personal statement. Most importantly, these personal statements are by no means perfect, but they earned these students their places at the ...