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Most Recently Selected profile:

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.


Acceptances:

Fantiki 2010:
Type of undergrad:
1. B.Sc. Finance from the best business school in a mid-size European country. In terms of financial research output the school is usually ranked as Top 10 European/Top 100 worldwide
2. (concurrently) B.Sc. Systems Science from the best university in the same European country
Undergrad GPA: not obvious to translate, somewhere between 3.6 and 3.9, Top 5%
Type of Grad:
1. M.Sc. Finance, same business school as above
2. (concurrently) M.Sc. Computer Science, same university as above
Grad GPA: again hard to translate, I would say between 3.8-4.0, Top 5%
GRE: 800Q, 570V, 3.5AWA
Math Courses (undergrad): Introductory mathematics I (Calculus, Linear Algebra, Analytical Geometry) (B+/A-), Introductory mathematics II (Theory of continuity, Measures and Integrals) (A), Introductory mathematics III (Functional analysis, DE) (A), Introductory mathematics IV (PDE, IE), Introduction to optimization (A), Introduction to statistical inference (A), Time series analysis (B+/A-)
Math Courses (grad): stochastic processes (A), optimization theory (B), mathematical investment theory (B+/A-), game theory (A), decision making (A)
Econ Courses (undergrad): Introductory, Intermediate micro, Intermediate macro, International economics and finance, Money & Banking - A:s
Other Courses: Finance & Computer Science (theory courses may be relevant), LSE summer school (A)
Letters of Recommendation:
1. Finance full professor, thesis advisor, many A publications
2. Computer science full professor, thesis advisor, many A publications (in comp science)
3. Circulating weakly positive letters from semi-famous full professors in finance and economics
Research Experience:
1. B.Sc. thesis in finance
2. B.Sc. thesis in systems science
3. M.Sc. thesis in finance - on decision making under information asymmetries in finacial markets (game-theoretical model+empirical evidence)
4. M.Sc. thesis in computer science - empirical part (as a chapter in an article) accepted in a top general interest journal, but the publication is not related to economics/finance (biology), I am a coauthor, but there are many others
5. RA for the computer science professor
6. Research internship at an internationally well-known company, also 1 paper from there, but published in a professional journal
Teaching Experience: N/A
Research Interests: Information economics, financial economics (theory + empirical)
Statement of purpose: http://www.urch.com/forums/phd-economics/119180-post-your-statement-purpose-sop-here.html#post789723
Other: graduated in advance, some good awards (placed third nationwide in math competition, scholarship for publishing thesis etc.), strong technical skills (Assembler and similar hardcore stuff)
RESULTS:
Acceptances: Columbia finance ($) -> accepted this offer, LBS finance ($), UNC-CH finance ($), UBC finance ($), LSE finance (external EU funding)
Rejections: Stanford finance, UCLA finance, Stern finance, Wharton finance, Haas finance, Kellogg finance, CMU finance, INSEAD finance, MIT economics, Penn economics (out of the waitlist)
What would you have done differently?
Probably not much, may be would establish better relationships with a couple of professors at my school. The application process to US universities is difficult for European applicants because information asymmetries are pretty large. I would recommend to establish good relationships with professors who have strong ties to schools you are applying (e.g. coauthoring, previous academic positions etc.). Also if you are coming from a less known educational system/school try to get short but informative course descriptions for the key courses as an attachment to your transcripts (e.g. course names like Math I-IV are not very helpful for admissions commiteas). I have received the feedback from some schools that these two things helped my case.
Overall I did much better than I expected.
Accepts:
    Acceptances: Columbia finance ($) -> accepted this offer, LBS finance ($), UNC-CH finance ($), UBC finance ($), LSE finance (external EU funding)
  • Institution: Columbia Business School Finance and Economics Decision: Accepted Funding: Stipend + Research scholarship (26k) + optional TA (4.5k) Notification date: 03/02/2010 Notified through: Email Posted on GF: Yes Comments: Well, me in a top 10 finance program... I just was jumping around my flat for probably 2 hours this morning.
  • Institution: Columbia Business School Finance and Economics Decision: Accepted Funding: Stipend + Research scholarship (26k) + optional TA (4.5k) Notification date: 03/02/2010 Notified through: Email Posted on GF: Yes Comments: Well, me in a top 10 finance program... I just was jumping around my flat for probably 2 hours this morning.
Rejects:
    Rejections: Stanford finance, UCLA finance, Stern finance, Wharton finance, Haas finance, Kellogg finance, CMU finance, INSEAD finance, MIT economics, Penn economics (out of the
Waitlists:
    waitlist)

mindlessme 2010: Type of Undergrad: Bachelor of Economics from the top school in Russia
Undergrad GPA: 4.9/5.0 (basically one 4 in Int. Taxation, all the rest are 5), rank 4/160
Type of Grad: MSc Finance and Economics at LSE in progress
Grad GPA: not available till June 2010
GRE: Q 790, V 460, AWA 4.5; TOEFL 117
Math Courses: undergrad - Calculus, Linear Algebra, Diff Equations, Probability and Statistics, Discrete Math, Optimization Theory, Stochastic Calculus; grad - LSE math camp for MSc Econ students and Stochastic Calculus (preparatory course for Asset Pricing)
Econ Courses: undergrad Micro, Macro, Econometrics, Game Theory, IO, Public Economics, Institutional Economics, Regional Economics, a whole bunch of Finance courses (had a specialization in Finance); grad - Advanced Micro, Financial Econometrics, Fin Economics, Fin Time Series, Corporate Finance
Other Courses: a bunch of humanities necessary to graduate from my Russian undergrad
Letters of Recommendation: 3 from LSE (2 senior econ professors - PhDs from Stanford and MIT, 1 junior econ prof with PhD from Berkeley), should be good, but I'm not 100ure; may be not very specific
Research Experience: undergrad thesis and 2 research papers (during 2nd and 3rd years of the undergrad); plus I'll have a Master's dissertation in Time Series this year
Teaching Experience: taught the very basic Micro as a volunteering teacher for high school seniors for 3 semesters, if that counts
Research Interests: Applied Micro, Behavioral Economics and Finance, Financial Economics
statement of purpose: I guess, pretty standard.
Other: had a semester abroad at Turku School of Economics, Finland
Concerns: a lot - reputation of my undergrad program; no transcripts from LSE so far; pretty low GRE; no Real Analysis
Applying to: Economics - Chicago, Princeton, Stanford, Harvard, Northwestern; Finance - NYU Stern, Chicago Booth, LBS, LSE
I'll be fine reapplying next year, if this time it doesn't work out, so no safeties on the list
Accepts:
  • Institution: Northwestern Economics Decision: Accepted Notification date: 2/24/10 Notified through: Website/Email Funding for 5 years
  • Institution: LBS Finance Decision: Accepted Notification date: 2/26/10 Notified through: Email
Rejects:
  • Institution: Chicago Economics Decision: Rejected Notification date: 3/5/10 Notified through: Email
  • Institution: Harvard Economics Decision: Rejected Notification date: Notified through: I guess it's coming in the mail
  • Institution: Harvard Economics Decision: Rejected Notification date: Notified through: I guess it's coming in the mail
Waitlists:
  • Institution: Chicago Booth Finance Decision: Waitlisted Notification date: 2/26/10 Notified through: Email


Rejections:

touchwood08 2008:
PROFILE
Type of Undergrad: Good European university (Political Science)
Undergrad GPA: 4.00/4.00
Type of Grad (3 years program): Good European University (Economics)
Ggrad GPA: 4.00/4.00
GRE: 780Q 610V 4.5AWA
TOEFL: 102/100
Math Courses (grad): Probability, Statistics, Mathematical Economics (calculus and static optimization), Dynamic Optimization
Econ Courses (grad): Microeconomics, Macroeconomics, Econometrics, Various Fields.
Letters of Recommendation: 4 strong letters. One letter from a very well known professor.
Research Experience: Undergraduate honor thesis (applied econometrics. awarded a national price) + working paper on more theoretical stuff (not so polished at the time of applications). Research assistant for the very well known professor.
Teaching Experience: TA in Introduction to Economics (undergraduate) and in Econometrics I (graduate)
Research Interests: Macro-Finance; Corporate Finance; Applied Econometrics.
SOP: ...not enough time to write a good one.
Other info: male, 25 y/o
RESULTS:
Acceptances (waitlist): UPenn ($$ attending), Northwestern ($$, declined), LSE Mrs./track 2 ($$, declined), BU (no $$, declined), NYU (waitlisted, declined).
Rejections: Harvard, MIT, Chicago, Yale, UCLA, LBS,
What would you have done differently?
My greatest regret is to not have applied to Princeton. I was informed I ended up at the border at Chicago so I could have taken a chance there. Maybe I would have spent more time polishing my research paper and writing a good SOP. Anyway, I am very pleased with my outcomes and I believe Penn is a very good match with my interests.
Accepts:
    Acceptances (
Rejects:
    Rejections: Harvard, MIT, Chicago, Yale, UCLA, LBS,
Waitlists:
    waitlist): UPenn ($$


Waitlists:
Admit summary statistics:
As submitted and recoreded from Test Magic:
There were 2 accepted out of 3 applicants.Of those accepted, average GPA was 3.60, average GREQ was 795.0.
No link to department posted statistics has been added, please let me know if these exist and I will add them.

Links:
Test Magic Econ Forums
econphd.econwiki.com
Last Updated: 14:58:27, Fri May 11, 2012