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Most Recently Selected profile:
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The data below comes from testmagic forums and shows accepted, waitlisted, and rejected applicants for 2010 for economics graduate school. Clicking on points in the graph above will make the most recent profile appear in the space below the graph.
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Acceptances:
Mobil 2007:
Profile: GRE: 800Q/520V/3.5A TOEFL: 263/300, 4.5/6.0 GPA: I don't know how to translate: Undergraduate: 8.7/10 Master: 8.13/10 Classes: Math: Undergrad: Calculus I-II, Static Optimization, Lin Algebra, Int to Probability and Statistics. Grad: Real Analysis, Dynamic Optimization, Probability and Statistics Econ: Lots of undergrad, core grad sequence in Micro, Macro and Econometrics Electives: Money Theory, Development Economics, Advanced Theory Type of Undergrad: International Research Experience: Master's thesis Teaching Experience: TA for two grad Macro LORs: 5 LORs from professors who are based here in my home country. 3 are tenured professors (PhDs from Berkeley, Minnesota and UPenn) and two more junior (PhD from Chicago, PhD from a domestic university). SoP & Interests: It was just about my academic history, research interests (emphasizing the field in which each university is best) and professors I could work with in each of the universities. Other: International, Latin American, 25 yo. Interests: Macroeconomics, Money Theory, Development Economics RESULTS: Acceptances: (with funding): NYU Minnesota Columbia PennState (no funding): Rochester Rejections: Princeton UPenn Northwestern Yale No answer at all: Toronto What would you have done differently? Nothing, I guess...
Accepts: Acceptances:
(with funding):
NYU
Minnesota
Columbia
PennState
(no funding): Rochester
Rejects: Rejections:
Princeton
UPenn
Northwestern
Yale
No answer at all: Toronto
Waitlists:
phdphd 2007:
PROFILE: Type of Undergrad: Business Administration Undergrad GPA: 7.5/10 Type of Grad: MSc Business Administration Grad GPA: - GRE: 790Q / 580V / 3.5AWA Math Courses: Calc I-III / Operations Research I-II / Stats I-II / Linear Algebra / Advanced Probability (Grad) Econ Courses: Econometrics I, II, IV (Grad), Stochastic Economics I-II (Grad) (kind of asset pricing courses, devoted specially to derivative pricing). Other Courses: Micro I, Macro I, Mathematical Analysis - First year PhD courses, I didn't have the grades at the time of the application Letters of Recommendation: One supposed to be strong, finance PhD from Stanford GSB; the other two good ones I think (PhD North Carolina, local) Research Experience: Two papers presented at a National Conference in Finance, MSc dissertation thesis. Teaching Experience: TA for the MBA courses in my university. Research Interests: Finance, applied micro, political economy. SOP: I did the following: first I explained my interest in finance, second why pursuing a PhD in economics and not in business, third I mentioned three professors that I would like to work with at the university that I was applying. Other: Male, 26, Latin America. RESULTS: Acceptances: University of Southern California ($) UNC ($) Minnesota (no $) Penn State (no $) Boston University (no $) UC Davis (no $) Waitlists: Cornell (I suppose) - rejected in the end Rejections: MIT Princeton Stanford Chicago Columbia Northwestern UCLA - Anderson Rochester Maryland Wisconsin Caltech Going to: University of Southern California What would you have done differently? First of all, a good MSc in economics, not only because it would increase my chances of being admitted at better places but to feel more comfortable with the courses in the first year; second, I should have participated more in this forum, I remember that I asked for the evaluation of profile stuff but only this. I should have gathered more information about the places that I would fit better with the TM's; I'm happy with the school that I'm going to but a little bit frustrated being rejected in all the top 15 schools. What I mean is that the idea of applying to a lot schools can hurt a lot. Now I have kind of mixed feelings about all of this: should I wait one more year, finish the PhD core couses sequence in my program right now and apply again? Or this is just a dream? I don't know...
Accepts: Acceptances:
University of Southern California ($)
UNC ($)
Minnesota (no $)
Penn State (no $)
Boston University (no $)
UC Davis (no $)
Rejects: rejected in the end
Rejections:
MIT
Princeton
Stanford
Chicago
Columbia
Northwestern
UCLA - Anderson
Rochester
Maryland
Wisconsin
Caltech
Waitlists: Waitlists:
Cornell (I suppose) -
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Rejections:
EconCandidate 2007:
PROFILE: Type of Undergrad: Small, relatively unknown private university in the northeast. Undergrad GPA: 3.65 (3.83 in Econ and Math) GRE: 800Q/550V/4.0A Math Courses: Intro Calc (A), Calc of Single Variable I (A-), Calc of Single Variable II (A-), Calc of Several Variables (A-), Integral Calc and Differential Equations (A), Linear Algebra (A-), Numerical Analysis (A-), Advanced Calculus (A), Intro to Real Analysis (A), Math Stats and Probability I (A), Math Stats and Probability II (In Progress) Econ Courses: Honors Principles of Micro (A), Honors Principles of Macro (A), International (B+), Money & Banking (A), Intermediate Micro (A), Intermediate Macro (A), Law & Economics (B+), Public Finance (A-), Game Theory (A), Econometrics (In Progress), Advanced Public Policy Thesis (In Progress) Letters of Recommendation: From 3 professors who knew me extremely well. I can't imagine they could have been any stronger. Research Experience: Completed a summer research project about the term structure of interest rates. Currently working on a senior thesis about funding for public education. Teaching Experience: Certified Level III Tutor. Math and Econ tutoring experience. Teaching Assistant for Intro Calc and Calculus of a Single Variable II. Research Interests: Public Finance, Game Theory, Applied Micro. SOP: Discussed my math preparation, research project, teaching/tutoring experience and my goals. RESULTS: Acceptances: University of Wisconsin-Madison ($) (Attending) University of Virginia ($) Waitlists: Boston College Rejections: University of Chicago Yale University Northwestern University University of Michigan-Ann Arbor University of Minnesota-Twin Cities University of Rochester Duke University University of Maryland-College Park Brown University The Ohio State University University of Illinois-Urbana Champaign What would you have done differently? My experience suggests that this process is incredibly random. I ended up with funding at a program that is clearly top 12- top 15, and got rejected outright by many programs that were not ranked as highly. Don't rule out any programs that you have been admitted to, because you never know what can happen, even at the last minute! Overall, I should have tried to improve my overall undergradaute GPA and scores on the other sections of the GRE, because coming from an unknown university probably hurt my applications some. Additionally, I would have tried to complete more research as an undergrad. A combination of these factors might have made my applications considerably less random. The best advice I can give people is that a high GPA, high GRE Math, and an extensive math background are the norm for applicants, and they are minimum preparation to be an appealing candidate. These do not seperate you from the pack any more. In the end though, no regrets at all.
Accepts: Acceptances:
University of Wisconsin-Madison ($) (Attending)
University of Virginia ($)
Rejects: Rejections:
University of Chicago
Yale University
Northwestern University
University of Michigan-Ann Arbor
University of Minnesota-Twin Cities
University of Rochester
Duke University
University of Maryland-College Park
Brown University
The Ohio State University
University of Illinois-Urbana Champaign
Waitlists: Waitlists:
Boston College
whitewinghk 2007:
PROFILE: Type of Undergrad: A School in HK, statistics major, no analysis Undergrad GPA: 3.66, first class honors Type of Grad: A school in HK, MA (Econ) Grad GPA: Grade A average GRE: Q800, V570, A5.5 Math Courses: no rigorous math courses, but some hard statistics courses, e.g. Statistical Inference A+, Stochastic Inference A+, Nonparametric testing (A+), linear model and forecasting (A-), Stochastic calculus (A-), Risk theory (A) Econ Courses: Intermediate macro (A+), Micro theory I, II (A+), Macro analysis (A+), Econometircs (A), International trade (B+) Letters of Recommendation: all strong, two from econ and one from statistics Research Experience: 2 year RA experience, working on trade and economic development of Mainland China Research Interests: Development and micro theory SOP: very general indicated my research interest and RA experience at university and United Nations RESULTS: Acceptances: Wisconsin ($), Boston University ($), MSU (no $), PSU (no $), UC Davis (no $) Waitlists: ever waiting, Uni. of Toronto and UBC Rejections: A long list, Minnesota, UCLA, NYU, Columbia, Maryland, Brown, OSU, Cornell What would you have done differently? I think I have tried my best or may be I should have applied to some applied econ programs as I have strong interest in development. Yet, I am happy with the results. Advice: Apart from Math, RA exp really helps a lot, it may make up weak math background. There would be lots of RA opp at any university. The job may be very simple like formulting Excel sheets, collecting data or plotting charts, yet it shines in your application. For international students, the process can be quite random especially for some are from unknown schools like me. Try to apply as many as possible, certainly you need to take into account money and how willing your referees are to write so many letters for you. Yet, if you can, try to apply as many as possible and do have a super safe one as a back up. I have seen a lot of Chinese students transfer to another school in one to two years. All the best and good luck
Accepts: Acceptances:
Wisconsin ($), Boston University ($), MSU (no $), PSU (no $), UC Davis (no $)
Rejects: Rejections: A long list, Minnesota, UCLA, NYU, Columbia, Maryland, Brown, OSU, Cornell
Waitlists: Waitlists: ever waiting, Uni. of Toronto and UBC
TruDog 2007:
PROFILE: Type of Undergrad: Top-five public liberal arts college Undergrad GPA: 3.69, cum laude and with general honors Type of Grad: None GRE: Q800, V610, A5.0 Math Courses: Calc I/II/III (B/A/C), differential equations (pass), linear algebra (C?), nonparametric stats (B), two semesters of graduate probability (C/C?) Econ Courses: Intermediate micro/macro (A/A), mathematical economics (B), econometrics (B), numerous electives (3.7 major GPA) Letters of Recommendation: Strong, but from unknown professors (one each in economics, finance, and statistics--all familiar with my research) Research Experience: Presented finance research at American Society of Business and Behavioral Sciences' annual conference, also submitted to professional journals. Also interned at US Treasury's Office of Economic Policy in Washington. Research Interests: Public (higher education, pensions) SOP: Fairly general--highlighted my writing and research experiences RESULTS: Acceptances: Wisconsin (no $), Ohio State (deferred one quarter) Rejections: Minnesota, Michigan, Northwestern, Chicago, Emory, Duke, WUSTL, Iowa, Virginia What would you have done differently? My problem was that my institution never emphasized the quantitative aspects of economics, so I had to overload on math courses late in the game after discovering econphd.net. That hurt my GPA, which certainly hurt the strength of my application. Advice: Take math courses early on, and do lots of research and writing. My writing background was the only reason why I got accepted anywhere.
Accepts: Acceptances: Wisconsin (no $), Ohio State (deferred one quarter)
Rejects: Rejections: Minnesota, Michigan, Northwestern, Chicago, Emory, Duke, WUSTL, Iowa, Virginia
Waitlists:
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Waitlists: |
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Admit summary statistics:
| As submitted and recoreded from Test Magic: | There were 2 accepted out of 5 applicants.
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From the Department webpage in 2010 (please send me a link if this is wrong!) |
Last year there were approximately 410 applicants to our program and 51 were accepted to fill 19 positions. We offered financial support--departmental assistantships and Graduate School or department fellowships--to about 47 applicants... Normally we consider applicants only with Graduate Record Examination (GRE) - quantitative scores above 750, though particularly strong credentials of other kinds (e. g., research papers, strong letters of evaluation from professors familiar with top-rated U.S. graduate programs, grades) can offset a lower score. The GRE subject exam in economics has been discontinued, but if you have taken it in the past, we are naturally interested to hear about high scores...Normally we consider only applicants whose undergraduate grade point average (GPA) exceeds 3.5 on a 4 point scale (A=4.0, A-=3.67, B=3.00, and so forth.) For both this and other grading systems, we are looking for students who are in the top 5 percent or so of their class. The same caveat as above applies here: in unusual cases, we will admit a student who does not meet this standard...The University of Minnesota program builds on rigorous mathematical foundations. The minimum mathematical prerequisites, multivariable calculus and linear algebra, are barely enough to survive first year theory courses. In fact, no student has been admitted in the past several years with training limited to this level of mathematics. Real analysis, or any course in abstract mathematics which teaches the skills needed to construct a careful proof, is particularly helpful. Courses in differential equations, optimization, topology, probability, or measurement theory can all be applied to economic work. All help develop the mathematical sophistication that helps prepare the student to understand new mathematical concepts that they will meet in graduate work. A course in mathematical statistics is not required for admission, but satisfies an important prerequisite for the econometrics course sequence. Previous course work in statistics may enable you to take econometrics sooner than you otherwise could. (Source) |
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