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The data below comes from testmagic forums and shows accepted, waitlisted, and rejected applicants for 2007-2009 for economics graduate school. Clicking on the graph above will make the most recent profile appear to the right of the graph.
All profiles:
Acceptances:
representative_agent 2008:
PROFILE:
Type of Undergrad: Economics, ranked 12/189 in my year
Type of Grad: MSc (econ) in Europe
GRE: Q 790, V 580, AW 4.0
Math Courses: Everything my undergrad school had to offer, but no real analysis (didn't have much choice).
Econ Courses (Graduate level): Micro (1+2), Macro (1+2), Econometrics, Incentives, Auction Theory, Several courses in public econ, Growth, ...
Other Courses: Several undergrad statistics courses
Letters of Recommendation: 1 well-known, 3 known in their field, 1 thesis advisor (relatively unknown)
Research Experience: undergrad thesis
Teaching Experience: undergrad macro
Research Interests: game theory, information econ, applied micro
SOP: hard to judge - does anybody read it?
RESULTS:
Acceptances: Chicago ($$), NWU ($$), NYU($$), UPENN($$), UCL($$)
Waitlists: Minnesota
Rejections: Yale, Stanford, MIT, Princeton
Pending: Berkeley Accepts:
- Acceptances: Chicago ($$), NWU ($$), NYU($$), UPENN($$), UCL($$)
Rejects:
- Rejections: Yale, Stanford, MIT, Princeton
Waitlists:
canecon 2008:
School: UBC
Major: Econ (Hons)
GPA: 3.5 (3.98 upper-econ, 3.98 math (excluding failed calc 1))
GRE: 800q 480v 5.0 AWA (despite the awful verbal I am native English speaker / English background)
Courses:
Econ:Hon micro/macro I (A+'s) Game Theory (Hon) A, Hon Macro II A+, + intro metrics I/II (A+) + lots electives (mostly A+)
Math: Calc 1 (F first time then A), Calc 2, linear, multivariable, ODE's, probability(calc based), intro proof A+'s intro analysis A
Now Taking: Honours Thesis, Advanced Macro, Econometrics
Research: Thesis
LOR: 3 Assistant Profs, I say mediocre since I had no special relationship, just took their classes.
SOP: Pretty bad I think... that might just be me - but I didn't have any professors read it since I thought it was crappy (very bad reason I know - I expect I might have had spelling/grammar errors as well :) ). But I guess for Master's it doesn't matter that much.
Interests: Macro, Int trade/finance/development.
Schools:
Decided to apply only for Masters:
LSE, UCL, Oxford, Cambridge, Warwick, UPF, UBC, Toronto, Queens, UWO, Stockholm.
My Concerns:
First year really sucked, second year was average. Only have 1.5 years of good grades.
RESULTS:
Acceptances: LSE Msc (1 year, Res), UCL MSc, Warwick MSc, Oxford M.Phil (??), UPF MSc($$), Queen's MA ($$), Toronto Doc. Stream MA ($$), UBC MA ($$), UWO MA ($$),
Still Waiting: Cambridge M.Phil (B), Stockholm University MSc (Research)
Rejections: None (yet)
What would you have done differently?
-known that I was going to go for grad school (in econ) earlier :p
-started preparing to apply in the summer, or early sept, or early october. (didnt start applications earlier because very math-packed semester. No time in summer though b/c courses and GRE - basically crammed all the math I needed in last 8 mths I would have grades for).
-Looked into scholarship opportunities for study in UK (many seem to have deadlines around sept/oct. ) I started looking the next february/march.
-Basically I did what I could. Maybe should have applied to some PhD straight away, but still not sure what I want to do and I didn't really have time to put together good apps.
Accepts:
- Acceptances: LSE Msc (1 year, Res), UCL MSc, Warwick MSc, Oxford M.Phil (??), UPF MSc($$), Queen's MA ($$), Toronto Doc. Stream MA ($$), UBC MA ($$), UWO MA ($$),
Still
Rejects:
Waitlists:
- Waiting: Cambridge M.Phil (B), Stockholm University MSc (Research)
EMEQU 2008:
PROFILE:
Type of Undergrad: Good Latin American university
Undergrad GPA: 15.4/20
Type of Grad: Good Latin American university
Ggrad GPA: 8/10
GRE: 800Q 500V 4.0AWA
TOEFL: 260/300
Math Courses (undergrad and grad): Calculus, Probability, Statistics, Real Analysis, Mathematical Economics (optimization and optimal control)
Econ Courses(grad): Microeconomics, Macroeconomics, Econometrics, Aplied Econometrics.
Letters of Recommendation: 1 strong LOR from one very well-known senior professor, 2 strong LORS from two assistant professors.
Research Experience: Master's thesis, few working papers.
Teaching Experience: TA (undergraduate), Lecturer (undergraduate)
Research Interests: Macroeconomics.
SOP: Explained why I wanted to pursue a PhD in economics.
RESULTS:
Acceptances: University College London (no $), Texas A&M ($$), UC Davis ($$), University of Virginia ($$), Arizona State University ($$$), UIUC ($$$, 1st year fellowship), Carnegie Mellon ($$$, 1st year fellowship).
Rejections: UC San Diego, Brown University, UC Santa Cruz, JHU.
Pending: Queen's University.
What would you have done differently?
I think LORs matter a lot, specially for international students (since one professor may recommend 4 or 5 students at the same time to the same university). I wish I applied to fewer safety schools. Accepts:
- Acceptances: University College London (no $), Texas A&M ($$), UC Davis ($$), University of Virginia ($$), Arizona State University ($$$), UIUC ($$$, 1st year fellowship), Carnegie Mellon ($$$, 1st year fellowship).
Rejects:
- Rejections: UC San Diego, Brown University, UC Santa Cruz, JHU.
Waitlists:
- Pending: Queen's University.
canadamike 2008:
PROFILE:
Type of Undergrad: BA Economics (Honours) from a top Canadian School (though not top in Economics)
Undergrad GPA: With 2 terms left, almost a 3.3 but if you look beyond first year it goes up to over 3.8
GRE: 790Q, 600V, 5.0AWA
Math Courses: Calculus 1, Algebra 1, and I failed Linear Algebra in first year
Econ Courses (undergrad-level): All the core courses plus advanced Econometrics and international economics courses (trade, finance, institutions). 83% Average overall
Other Courses: Philosophy minor
Letters of Recommendation: 2 Econ (1 Assistant Prof, 1 Lecturer) and for Oxford I got a 2nd Assistant Prof
Research Interests: Trade theory, sports economics
SOP: Done and Done
Concerns: Poor first year (poor is an understatement); only a 780verall; worried my bad first year performance will outshine my grades since
Applying to: LSE, Oxford, UCL, Warwick, Nottingham, Bristol, York
RESULTS:
Acceptances: York (UK), Nottingham, Warwick, UCL
Rejections: LSE
Waiting: Bristol, Oxford
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- Acceptances: York (UK), Nottingham, Warwick, UCL
Rejects:
Waitlists:
- Waiting: Bristol, Oxford
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desemejante 2009:
PROFILE:
Type of Undergrad: BA Economics from Top 5 European
Undergrad GPA: Predicted 1st class honours
Math Courses: Courses covering: Single and Multivariate Calculus, Analysis, Statistical Theory, Econometrics
Econ Courses: Intermediate Micro, Intermediate Macro, Advanced Micro, Advanced Macro, Industrial Economics, Economic Theory (Game Theory, Information Economics, General Equilibrium, Decision Theory)
Other Courses: Finance, Accounting
Letters of Recommendation: 2, both from Tutors, should be solid!
Research Experience: none
Teaching Experience: none
Research Interests: Micro Theory and IO
SOP: Good
Applying to: LSE MSc, UCL MSc, Oxford MPhil, potentially Bocconi & Cambridge Accepts:
- : LSE
Program: MSc Economics
Decision: Accepted
Funding: - (didn't apply for any)
Notification date: 01/28/09
Notified through: LSE for you
Comments: My top choice!
- : UCL (University College London)
Program: MSc Economics
Decision: Accepted
Funding: - (didn't apply for any)
Notification date: 12/16/08
Notified through: Regular Mail
Comments: My first offer!
- : University of Oxford
Program: MPhil Economics
Decision: Accepted
Notification date: 3/19
Notified through: postal
Comments: conditional of first class honours
Rejects:
Waitlists:
Rejections:
grahamcoxon 2007:
PROFILE:
Type of Undergrad: B.A. in Economics from top university in my country (who has always placed students in top US PhDs)
Undergrad GPA: Econ 28.73 / 30 (= 3.83 / 4.0 ); Overall 28.27 / 30 ( = 3.77 / 4.0 )
Type of Grad: 2 years long MSc in Economics from the same university
Grad GPA: Econ 28.73 / 30 (= 3.83 / 4.0 ); Overall 28.73 / 30 (= 3.83 / 4.0 )
GRE: 790 Q, 520 V, 4.0 A
Math Courses:
Undergraduate: Mathematics (29/30; one year long course), Statistics and Probability (30/30), Econometrics (30/30)
Graduate: Multivariate Analysis (30/30), Microeconometrics (28/30)
Econ Courses:
Undergraduate: Industrial History (30/30); Microeconomics (27/30); Industrial Organization (30/30); Macroeconomics (29/30); Organization Theory (28/30); International Trade (29/30); Innovation and Industrial Dynamics (27/30); Economic Policy (28/30); Technology and Economic Development (28/30); International Monetary Economics (30 cum laude / 30)
Graduate:International Trade (30/30); Industiral Organization (29/30); Theory of the Firm and Corporate Governance (27/30); Business History (30/30); Economics of Innovation (29/30); Labour Economics (27/30); Public Economics (29/30).
Other Courses: Undergraduate: German Language, International Financial Markets, Innovation Management, … ; Graduate: Knowledge and Innovation Management, Comparative Politics, Spanish Language, …
Letters of Recommendation: associate econ professor and MSc thesis advisor (PhD UCLA); full econ professor and teacher of graduate labour econ (PhD NYU); associate econ professor and RA supervisor (PhD Northwestern); at least two of them are very very strong letters from people who know me well; two letter-writers are well-known economists and all publish on top economics journals.
Research Experience: Honors MSc thesis; started to work on co-authored paper with my MSc thesis advisor (I don’t mention it in my application but he probably talked about it in his LoR); 3 months RA at Dept of Quantitative Methods of my undergrad/grad university; 1 year RA at CHILD (Center for Household, Income, Labour and Demographic Economics);
Teaching Experience: 1 semester of Multivariate Analysis (graduate)
Research Interests: Political Economy, Behavioral Economics, Microeconomic Theory
SOP: nothing special, talked about reasons to pursue graduate studies in economics, research experience, research interests and future plans; used almost the same text for all universities; 2 pages research proposal outline added for European programs who asked for it (LSE, UCL, Oxford, UPF)
Other: international applicant; TOEFL: 107/120; no application for external funding; honor roll student in both years of MSc; submitted everywhere MSc thesis as writing sample; at least other 10 (very very strong) students applied this same year for almost the same US top programs from my university (in this sense, this was a strong year for applicants from my country/university)
RESULTS:
Admitted : Caltech (w/ funding), BU (w/out funding), LSE MSc (w/out funding), Oxford MPhil (w/out funding)
Waitlisted: Yale (not admitted in the end)
Rejected: UCSD, Columbia, Berkeley, MIT, Princeton, Northwestern, Stanford, NYU, Chicago, Harvard, LSE MRes/PhD, UPenn, Oxford Dphil, Stokcholm School of Economics, Stockholm U, Yale
Never got an answer : UPF, UCL
What would you have done differently? I would say the standard “taken more math classes” or try the alternative version “taken more graduate econ theory classes”, but since I decided to try the path of an Econ PhD less than 12 months ago (when I had already taken all classes needed to graduate) this wasn’t an option. Maybe I should have applied to a more diverse set of schools (no European at all; some Business School or some lower-ranked school with programs/faculty in line with my interests like Stanford GSB, Northwestern MEDS, Rochester or Carnegie Mellon), because I acted clearly as a risk-loving individual (I didn’t overestimated my profile, though…I know my chances at top15 schools were thin, but just wanted to come all the way to the U.S. only if it was really worth). Anyway, in this case, it worked.
Accepts:
- Admitted : Caltech (w/ funding), BU (w/out funding), LSE MSc (w/out funding), Oxford MPhil (w/out funding)
Rejects:
- Rejected: UCSD, Columbia, Berkeley, MIT, Princeton, Northwestern, Stanford, NYU, Chicago, Harvard, LSE MRes/PhD, UPenn, Oxford Dphil, Stokcholm School of Economics, Stockholm U, Yale
Never got an answer : UPF, UCL
Waitlists:
miaataro 2009:
PROFILE:
Type of Undergrad/Grad: BSc in Economics (minors in Mathematics, Statistics and Business Studies) and MSc in Economics (+ a still unfinished MSc in Statistics) from an unknown university in Finland.
Undergrad/Grad GPA: Overall 4.90, Econ 4.94, Math 4.83, Stat 4.94 (on a scale of 1-5)
GRE: 800Q, 390V, 4AWA
TOEFL: 111 (29R, 30L, 23S, 29W)
Math Courses: Unfortunately, they don't have illustrative names. I tooks a course sequence for a minor in math that dealt with the basic areas (linear algebra, differential calculus, integral calculus, real analysis, etc.) in more of an applied fashion.
Stat Courses: A lot. Mathematical Statistics 1 & 2 and Probability Calculus A & B + courses in time series analysis, survival models, mixed models, regression models, multivariate statistics, stochastic simulation, computational statistics, bayesian statistics, robust and nonparametric methods etc.
Econ Courses: A lot. Intermediate and advanced level courses in microeconomics, macroeconomics, mathematical economics and econometrics + courses in labour economics, regional economics, microeconometrics, applied econometrics, game theory etc. I also took the econometrics core course in the Finnish Doctoral Program in Economics during the ongoing academic year.
Letters of Recommendation: 2 economics professors and a statistics professor from my university and a research director from an economics research institute. I guess they all know me quite well and believe in me, so their letters should have been good in that sense. None of them were well-known, however (but apparently they had some important connections after all).
Research Experience: BSc and MSc theses in economics, RA for one of my economics professors for 7 months, two last summers as a research trainee in an economics research institute, two last falls as an assistant researcher in an economics research institute, a researcher in an economics research institute from January onwards.
Teaching Experience: None
Research Interests: Econometrics and empirical/applied microeconomics
SOP: Nothing spectacular. Tried to emphasize my research experience and convince the reader that my educational background in economics, mathematic and statistics is strong enough, I guess.
RESULTS:
Acceptances: MIT, Tinbergen, LSE MSc EME (Research), Tilburg MPhil (2nd year), Uppsala (it was never official, though, as I withdraw my application)
Waitlists: -
Rejections: Princeton, UC Berkeley, Northwestern, U Michigan, UCL MSc
What would you have done differently? Absolutely nothing. I'm still amazed by my outcomes and really happy that I listened to my recommenders advice to try my luck with some of the top US schools. It definitely paid off... :grad:
Accepts:
- Acceptances: MIT, Tinbergen, LSE MSc EME (Research), Tilburg MPhil (2nd year), Uppsala (it was never official, though, as I withdraw my application)
Rejects:
- Rejections: Princeton, UC Berkeley, Northwestern, U Michigan, UCL MSc
Waitlists:
Waitlists:
canadamike 2008:
PROFILE:
Type of Undergrad: BA Economics (Honours) from a top Canadian School (though not top in Economics)
Undergrad GPA: With 2 terms left, almost a 3.3 but if you look beyond first year it goes up to over 3.8
GRE: 790Q, 600V, 5.0AWA
Math Courses: Calculus 1, Algebra 1, and I failed Linear Algebra in first year
Econ Courses (undergrad-level): All the core courses plus advanced Econometrics and international economics courses (trade, finance, institutions). 83% Average overall
Other Courses: Philosophy minor
Letters of Recommendation: 2 Econ (1 Assistant Prof, 1 Lecturer) and for Oxford I got a 2nd Assistant Prof
Research Interests: Trade theory, sports economics
SOP: Done and Done
Concerns: Poor first year (poor is an understatement); only a 780verall; worried my bad first year performance will outshine my grades since
Applying to: LSE, Oxford, UCL, Warwick, Nottingham, Bristol, York
RESULTS:
Acceptances: York (UK), Nottingham, Warwick
Rejections: LSE
Waiting: Bristol, UCL, Oxford
Accepts:
- Acceptances: York (UK), Nottingham, Warwick
Rejects:
Waitlists:
- Waiting: Bristol, UCL, Oxford
verio16 2009:
Type of Undergrad: BA (Honours) Economics from University of Delhi, India
Undergrad GPA: The university does not have a GPA system. My aggregate over 3 years is 72.4% (60 0s 1st division, the highest grade), roughly in the top 5 percentile(out of around 1000 students) in the university and ranked 3rd in college
GRE: Q800, V610, AWA 4.5
Math Courses:
Linear Algebra,multi variate Calculus, Constrained optimization(covered in a single course titled Mathematical methods for economics)
Reference books -Knut Sydsaeter and Peter J. Hammond, Mathematics for Economic Analysis and Alpha C. Chiang, Fundamental Methods of Mathematical Economics
Statistics
Distribution, probability, regression,hypothesis testing (covered under statistical methods for economics)
Reference books - P.H. Karmel and M. Polasek, Applied Statistics for Economists and M.R. Spiegel, Theory and Problems of Statistics
Also had an Econometrics paper
A.S. Goldberger (1998), Introductory Econometrics
Econ Courses: Principles of economics, Micro, Advanced Micro (game theory), macro, development theory, money, public economics, economy state and society, other courses specific to the Indian Economy
Other Courses: Formal Logic (Others of hardly any importance)
Letters of Recommendation: From my college professors, but i doubt any of them are internationally recognised (potentially a serious hurdle)
Research Experience: Worked as an intern with an NGO for 2 months, was RA for a paper that later got published. Worked for 6 months in the research wing of Watson Wyatt Worldwide(consultancy).
Teaching Experience: NIL
Research Interests: Macroeconomic modelling
Other: Good bunch of extracurricular s (I dont really know if it matters though)
Results
Acceptances: Warwick (Msc), Bocconi (Msc, $$), Tilburg (Msc, $?)
Pending: Tinbergen, Paris school of economics, UCL
What would you have done differently? should have taken the GRE earlier. Missed a lot of deadlines and sent in hurriedly assembled application.
Would have been more careful about being on good terms with my professors during my unergrad.
Accepts:
- Acceptances: Warwick (Msc), Bocconi (Msc, $$), Tilburg (Msc, $?)
Rejects:
Waitlists:
- Pending: Tinbergen, Paris school of economics, UCL