Index of Schools AnalysisAbout the Site 2012 20112010 20092008 2007all years
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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.


Acceptances:

Visible Hand 2009:
PROFILE:
Type of Applicant: International, big continental european country.
Type of Undergrad: Good public university but with a very bad school of Economics. Student of the university honor college (more selective than Ivy) which offers courses on its own, including in heterodox Economics.
Undergrad GPA: Overall: ~3.9/4.0; Economics: 4.0(+)/4.0; Math/Stat: 4.0(++)/4.0.
(+), (++) and ~ are due to different conversion methods that can be applied.
Type of Grad: Two-years Master in Economics (attending 2nd year), best public university of the country, 2nd department of Economics in the country, best in my fields. Enrolled in the first year of run of the program: it was brand new! Also student of the university honor college (less selective and prestigious than undergraduate's).
Grad GPA: 4.0-ε/4.0 or 4.0(+)/4.0 according to different conversion methods.
GRE: 790Q 530V 5.0AWA - TOEFL: 110
Math Courses: Several courses in Math and Stat covering all the basic Calculus/Analysis/Linear Algebra/ODE/Optimization/Measure stuff up to Simon-Blume (Vol. 2) and De La Fuente level, as well as Probability/Inference/Multivariate Stats up to Casella-Berger.
All full grades with mention.
Econ Courses: All the basic undergraduate Micro/Macro/Metrics stuff plus some applied/heterodox/history/quantitative courses. At Master Level, Micro I/Macro I/Metrics I (taking II for each in the fall) plus: Topics in Economic Theory, Economics of Innovation, Competition Policy.
All full grades, often with mention, apart from graduate Macro I (~A).
Other Courses: Undergraduate courses in Accounting, Management and Law; graduate Corporate Finance. I have lower grades on these on average.
Letters of Recommendation: 1 MIT, 1 Toulouse, 1 Louvain (from the Master program), 1 Sussex (from my undergraduate honor college). I know ex-post, they were good but not too informative (apart from the Toulouse one maybe); the Sussex one was maybe not very good in the "fill the form" part. They were not always all of them four on every place I applied to.
Research Experience: Started to work on Master Thesis in theoretical I.O.; some short dissertations and empirical projects in the past (none of them valuable).
Teaching Experience: In line of principle, not possible in my country before Master graduation. Starting this march, however, I have assisted my MIT Ph.D. recommender in the graduate course in Econometrics taught by him.
Research Interests: Industrial Organization, Behavioral Economics, Microeconometrics.
Statement of Purpose: A synthetic overview of my academic life and interests.
Other: I obtained full scholarships from both honor colleges I have been student of. Moreover, I have been awarded 2-years full funding (tuition+stipend) to attend a top PhD in Economics, by a board of economists from a prestigious private foundation in my country; most schools I applied to knew this. So basically I would have had ($$$$) in every school had admitted me, at least for the start.
RESULTS:
Attending: Berkeley
Acceptances, declined: Northwestern, Chicago, Stern, UWM, LSE, TSE
Waitlists, eventually rejected: MIT
Rejections: Princeton, Stanford, Yale, UCSD, NYU, CMU, HBS, Wharton (Mgmt), Caltech, EUI
General Comments: If you are an international applicant and the institutions you come from are not so well known, luck and connections really matter alot, even if you have good LoRs from famous economists and a brilliant CV. I know that MIT, for instance, preferred two other students with external funding from my country over me, and they both just came from the two institutions with more reputation in sending students to top Ph.D. programs (but one of them I know, she is really a genius, 780Q). External funding might help, but it depends on the school: for some it really does (MIT, Chicago) but for others it does not (Stanford, Yale). It's not easy to decline Northwestern offer! But, in the end, I am happy with Berkeley.
What would you have done differently? Definitely, attended another undergraduate institution, the best in my country, which is very well established in sending students to top Ph.D. programs. I would have not been funded as I was, at least for the first years, but ex-post I would have had definitely very good shots for Cambridge, MA. My parents had the money, I had been admitted, so I really regret it. I should have also tried to do more research with my recommenders in the first Master year: it hurted me, they did not know me enough well (they also more or less directly told it to me). Perhaps I should have worked more in the final undergraduate years to produce a good analytical working paper to be sent as a writing sample: it may help in some schools, I think; but there was not much I could do as my undergraduate institution was a mostly empirical/heterodox place (not fitting too bad with Berkeley!).
Accepts:
    Attending: Berkeley Acceptances, declined: Northwestern, Chicago, Stern, UWM, LSE, TSE
Rejects:
    rejected: MIT Rejections: Princeton, Stanford, Yale, UCSD, NYU, CMU, HBS, Wharton (Mgmt), Caltech, EUI General Comments: If you are an international applicant and the institutions you come from are not so well known, luck and connections really matter alot, even if you have good LoRs from famous economists and a brilliant CV. I know that MIT, for instance, preferred two other students with external funding from my country over me, and they both just came from the two institutions with more reputation in sending students to top Ph.D. programs (but one of them I know, she is really a genius, 780Q). External funding might help, but it de
Waitlists:
    Waitlists, eventually


Rejections:

bigleaguechew 2009:
Type of Undergrad: B.A. Econ / B.S. Math from a top 100 econphd.net public school
Undergrad GPA: 3.5 Overall, 4.0 Econ, 4.0 Math
GRE: 790Q, 610V, 5.5AWA
Math Courses: One year of real analysis (A+'s); two quarters each of theoretical linear algebra (A+'s), numerical analysis (A+'s), math prob stat, nonlinear dynamics and chaos; one quarter each of PDE's, abstract algebra and complex analysis
Econ Courses: applied metrics (A+'s), public finance (A+'s), labor, game theory (A+), and a few others in addition to intermediate micro/macro
Letters of Recommendation: It seems as though I had one very respected letter writer, and other letters were more or less ignored at many schools (just what I gathered from my conversations with grad directors where I was accepted)
Research Experience: Virtually none. Started an undergrad research project that was never finished
Work Experience: 2 years in consulting (business, but not econ)
Research Interests: Applied micro, IO
SOP: Talked about how my experiences and coursework have influenced my research interests. Tailored last paragraph to each school I applied to. I cannot say this with enough emphasis... THE STATEMENT OF PURPOSE DEFINITELY MATTERS AT SCHOOLS OUTSIDE OF THE TOP 10. IF YOU DO NOT COME FROM AN IVY AND YOU DON'T HAVE A SPOTLESS MATH/ECON RECORD WITH SOLID RESEARCH EXPERIENCE, I WOULD ADVISE YOU TO SPEND SOME TIME ON YOUR SOP AND START WORKING ON IT EARLY!
Concerns: I had about a year straight of abysmal grades (yes, we're talking about F's and W's here people) in my sophomore year of college due to some family issues. I think it was important that this occurred when I was an english major, and I made up for it by excelling in all of my econ and math courses. So, if you have screwed up and permanently marred your transcript like I did, HOPE IS NOT LOST! It just means that you have to work extra hard to outperform your classmates from here on out.
RESULTS:
Attending: UCSD ($)
Admitted, Declined: Stanford GSB Marketing ($$$$$$$$), Penn State ($$), WUSTL ($), UNC ($/2), UVA ($), Texas ($$), ASU ($$), Arizona ($$), Pittsburgh ($), Ohio State ($), U of Washinton ($), Maryland (stiffed me)
Waitlists: Minnesota, BU
Rejections: Top 10, NYU, Columbia, UCLA, Michigan, JHU, Wharton (but it doesn't count in my mind cuz I hardly showed up for the interview)
Never heard back from: USC (not that I care anymore, but seriously WTF?)
What would you have done differently?
Nothing really. I had a huge black spot on my record with that one atrocious year, and nobody knew how that would affect me. My letter writers were extremely supportive in helping me apply to as many places as I could afford, and cover a broad spectrum of programs. I thought UCSD was a long shot heading into this process, and I am thrilled to be going there. I can honestly say that I would have been happy at just about any of the programs that I was accepted to, and it was incredibly difficult for me to turn down so many attractive offers. Obviously, this is a problem that I am happy to have, but you'd be surprised how gut wrenching it is to turn down a fellowship offer from a school that you had been day-dreaming about attending just a few weeks earlier. Still, I would advise everyone who isn't a superstar with stellar letter of recommendation's to adopt a similar strategy and apply to as many places as you can afford.
Accepts:
    Attending: UCSD ($) Admitted, Declined: Stanford GSB Marketing ($$$$$$$$), Penn State ($$), WUSTL ($), UNC ($/2), UVA ($), Texas ($$), ASU ($$), Arizona ($$), Pittsburgh ($), Ohio State ($), U of Washinton ($), Maryland (stiffed me)
  • Institution: Penn State Economics PhD Decision: Accepted Funding:24k Assistantship Notification date: Feb 18 Notified through: Email Comments: Suck on that Duke!
  • Institution: Washington University, St. Louis Economics Decision: Accepted Funding: Fellowship Notification date: 2/25/09 Notified through: email
  • Institution: UNC Economics Decision: Accepted Funding: TBA Notification date: 2/26/09 Notified through: email
  • Institution: Univ. British Columbia MA Decision: Accepted Funding: No word yet Notification date: 3/9 Notified through: email
  • Institution: University of Maryland Decision: accepted Funding: waitlist Notification date: 3/10/2009 Notified through: email
Rejects:
    Rejections: Top 10, NYU, Columbia, UCLA, Michigan, JHU, Wharton (but it doesn't count in my mind cuz I hardly showed up for the interview)
  • Institution: Duke Economics PhD Decision: Rejected Funding: Notification date: Feb 18 9:07 AM EST Notified through: Email Comments: Easier to take since I already have some other options.
  • Institution: Northwestern Ph.D. Economics Decision: Rejected Funding: -100 Notification date: 2/25/09 Notified through: Website Comments: Decision available through ApplyYourself website - not the separate link they sent for decision status.
  • Institution: UC Berkeley Economics, PhD Decision: Rejected Notification date: 03/02 Notified through: E-mail Comments:
  • Institution: Chicago Decision: Rejected Notification date: 3/9 Notified through: snail mail
  • Institution: NYU-Stern Economics, PhD Decision: Rejected Funding: -100 Notification date: 3/16 Notified through: checked website after seeing other posts here (no email)
  • Institution: Wharton Applied Economics, PhD Decision: Rejected Notification date: 3/16 Notified through: randomly checked website Comments: Not at all surprised. I had lost interest in this program prior to my interview, and I pretty much let that be known to them.
  • Institution: University of Michigan, Ann Arbor Economics PhD Decision: Rejected Notification date: 3/16 Notified through: Website
Waitlists:
    Waitlists: Minnesota, BU
  • Institution: Minnesota Ph.D. Economics Decision: Waitlisted Funding: N/A Notification date: 2/24/09 Notified through: E-mail

zshfryoh1 2009:
PROFILE:
Type of Undergrad: B.A. Math and Econ (double major), large public college in Northeast
Undergrad GPA: 3.78
Type of Grad: N/A
Grad GPA: N/A
GRE: 770Q/630V/5.5A
Math Courses (Undergrad level): Calc I&II (A, A-), Multivar Calc (B+), Lin Alg (B+), Intro to Prob and Stats (B-), ODEs (C), PDEs (A-)
Math Courses (Grad - Masters level): Non-Measure Prob Theory (C-/A on retake), Numerical Analysis I&II - Proof based (B, A-), Stochastic Methods in Operations Research (A-)
Econ Courses (Undergrad level): Intro Macro (A), Intro Micro (A+), Mathematical Intermediate Micro (A+), Mathematical Intermediate Macro (A-), Money and Banking (A-), Investment Analysis (B+), Financial Markets (A+), Independent Study & Research Paper on Real Options (A), Computational Finance (A+)
Econ Courses (PhD level): Econometrics I (B-)
Other Courses: Algorithmic Programming I (A+), Algorithmic and OOP II (A+), Full Science Honors Research sequence including three research presentations (all A or A+)
Letters of Recommendation: One excellent from a Econ Prof who is fairly well known. One excellent from an Econ Asst Prof that I RA'd and TA'd for. One Excellent from CS prof I took for Computational Finance.
Research Experience: A lot.Three years as an RA for a prof doing research into financial markets, and as part of this research I am in the process of developing a new method of programming simulations of financial markets for market microstructure research. Currently working in paper explaining new method, which I hope to submit to journals before September. Project for the Independent Study course on an application of Real Options to labor bargaining in sports. Will be submitted to a journal in May or June. Honor's thesis on applications of real options to natural resource and agricultural investment.
Teaching Experience: One Semester as TA for Intermediate Micro. Subbed multiple times for professor in Options and Futures class
Research Interests: Financial Econ (specifically Market Microstructure and Real Options Analysis), Micro Theory, Mathematical and Computational Methods, secondary interests in everything but monetary macro.
SOP: Decent and pretty standard. Customized it for each grad school and explained some extenuating circumstances.
Other: Full time student (35+ hours per week) at a school for the advanced study of Talmudic Law, simultaneous with my college schedule. Six student seminar presentations of original research in Talmudic Law. Five publications of original research in Talmudic Law. Two semester of extenuating circumstances (taking care of ill grandmother). Applied for NSF, did not receive.
RESULTS:
Acceptances: A number math/stats/FE masters programs
Waitlists: UPenn
Rejections: NYU, NYU Stern Econ, NYU Stern Finance, Columbia, Columbia GSB, Wharton Applied Econ, Wharton Finance
Pending: None
Attending: MA Stat, same as UG
What would you have done differently? Nothing really. All my profs told me that with 20 more points on my GREQ I would have an excellent shot at 15-30 range schools and a chance at top 15's. However, my plan from the start was to only apply to a few top 15 programs, and if as expected I didn't get in, to go for a math/stat/FE masters and re-apply next year. I did not have the time to study to re-take the GRE anyway. Getting the UPenn WL this year is a good sign for next year's apps. Anyway, I will now have a chance to study for and re-take the GRE, take grad real analysis, a couple more PhD level econ classes and a few more stat classes. It is a one year MA with very flexible electives. I also hope to have two papers submitted to journals for publication as well as at least one conference presentation before application season next fall.
Accepts:
    Acceptances: A number math/stats/FE masters programs
Rejects:
    Rejections: NYU, NYU Stern Econ, NYU Stern Finance, Columbia, Columbia GSB, Wharton Applied Econ, Wharton Finance
  • Institution: Columbia Business School Finance and Economics PhD Decision: Rejected Notification date: 3/4 Notified through: Email to check website Comments: I only applied to reaches this year, pretty much expecting all rejections, with the intent to go for a masters in math and re-applying next year or the year after. Still, I was hoping on getting in somewhere.
  • Institution: Columbia Economics PhD Decision: Rejected Notification date: 3/5 Notified through: E-mail directing me to website. Comments: I was expecting this to come sooner or later.
  • Institution: Wharton Applied Economics PhD Decision: Rejected Notification date: 3/6 Notified through: Email to check website Comments: Expected. Still, I would have liked to do the RM concentration.
  • Institution: Wharton Finance PhD Decision: Rejected Notification date: 3/6 Notified through: Email to check website Comments: Two Wharton rejections in one afternoon. Both were expected though.
  • Institution: NYU-Stern Economics, PhD Decision: Rejected Notification date: 3/16 Notified through: e-mail to check the website Comments: Expected
  • Institution: NYU-Stern Finance, PhD Decision: Rejected Notification date: 3/16 Notified through: e-mail to check the website Comments: Expected
  • Institution: NYU Economics PhD Decision: Rejected Notification date: 3/24 Notified through: E-mail Comments: Expected
Waitlists:
    Waitlists: UPenn
  • Institution: UPenn Economics PhD Decision: Waitlisted Notification date: 3/5 Notified through: Email Comments: I was expecting straight rejections, so this is a positive sign. I guess my letter of recommendation's were better than I thought.

DreamFactory 2009:
PROFILE:
Type of Undergrad: BBA (minor Econ), International applicant, not top but one of the best schools in my country.
Undergrad GPA: 3.83/4.00 after rescale, summa cum laude (within 2% of the graduates, but the transcripts doesn't offer the rank anymore)
Type of Grad: Same school, MA econ - major:Economic theory (expected aug. 2009)
Grad GPA: 4.0/4.0 after rescale
GRE: 800Q, 670V, 4.0AWA
Math/Stat Courses:
Calculus I (B+),II (A), Intro to Probability (A+), Differential Equations I (B+), Linear Algebra I (Aced all exams, A+), II (A+), Analysis I (A+), II(A+), Topology I (A+), Stochastic Processes (A+), grad Real Analysis I (A)
Econ Courses: undergraduate - Principles I (A+),II (A), Biz Econ (A), Monetary (A), Financial (B+), Micro (A+), Macro (A), Metrics (B+)/ graduate - Micro I (A+) II (A), Macro I (A), II (A+), Metrics I (A+), Financial Economics (A), Micro Seminar (A+), Public Sector Economics II (A+)
Other Courses: Bunch in biz. especially in finance (mostly A's or A+'s in finance)
Letters of Recommendation: 2 econ (both micro), 2 biz (both finance), 1 math (analysis 1,2, topology 1), all very strong but not so famous
Research Experience: RA for 2 semesters (participated in a project), 1 working paper, conference participation etc.
Teaching Experience: grad Micro I (MWG) - 2 semesters
Research Interests: Behavioral Finance/Economics/Experimental, Market Microstructure, various topics in Micro Theory......actually almost everything in Finance and Economics since most of them are interesting (I'll choose them after I get to know more)
SOP: no idea how it look like to the adcoms.
Other: External fellowship.(5 years of tuition+health+18k)
RESULTS:
Acceptances/Attending: U of Chicago (Econ, very late admission!)
Waitlists: none
Rejections: 4 econ (actually I was rejected from Chicago econ in March) - Harvard, Princeton, Yale, Columbia
17 finance - Booth, Kellogg, Wharton, Stanford GSB, Sloan, Stern, Haas, Fuqua, Tepper, Simon, Anderson, UIUC, OSU, UMinn-TC, Eli Broad, Wisc-Madison, Johnson
Pending: LSE MSc Finance and Economics (Applied after all those dings)
What would you have done differently?
I would've concentrated more on my SOPs. Should've had different major in my undergrad (changing major is not allowed in my alma mater, and Biz major had toooooooo many required courses back then). Also, I should have gone for exchange student in the U.S. when young...get some LORs from famous faculties there...BUT I DON'T CARE ex-post, I got into one of my favorite school!
Accepts:
    Acceptances/Attending: U of Chicago (Econ, very late admission!)
Rejects:
    Rejections: 4 econ (actually I was rejected from Chicago econ in March) - Harvard, Princeton, Yale, Columbia 17 finance - Booth, Kellogg, Wharton, Stanford GSB, Sloan, Stern, Haas, Fuqua, Tepper, Simon, Anderson, UIUC, OSU, UMinn-TC, Eli Broad, Wisc-Madison, Johnson
Waitlists:
    Waitlists: none

canadaaplly 2009:
Institution: Duke
Program: Economics PhD
Decision: Rejected
Funding:
Notification date: Feb 18
Notified through: Email
Comments: Who do they think they are?
Accepts:
  • Institution: University of Pennsylvania Economics PhD Decision: Accepted Funding: Very High on the waitlist. Notification date: 3/4 Notified through: Email with an attached letter Comments: I'm flying right now.... To the guys who are sure that they wouldn't attend Upenn (The MIT, Harvard people): Please decline your fellowship offers from Upenn.
Rejects:
  • Institution: Duke Economics PhD Decision: Rejected Funding: Notification date: Feb 18 Notified through: Email Comments: Who do they think they are?
  • Institution: Yale University Economics Decision: Rejected Funding: N/A Notification date: 2/20/09 Notified through: Email directing me to status on website. Comments: It wasn't a good match anyway...
  • Institution: Cornell Decision: Rejected Funding: - Notification date: 3/6/09 Notified through: Email Comments:
  • Institution: Columbia Decision: Rejected Funding: Notification date: 3/6/09 Notified through: Email to check website Comments: Was eagerly waiting to receive it.
  • Institution: Northwestern Decision: Rejected Notification date: 3/11 Notified through: website Comments: I contacted them last week, and they told me that I was on a waitlist, but now I saw the rejection. Anyway, there is not much difference between rejection and waitlist.
  • Institution: NYU Economics, PhD Decision: Rejected Funding: Notification date: 3/13 Notified through: I e-mailed and asked Comments:If you haven't heard I would recommend e-mailing Marjorie, she replied in short time and said to take one of my other offers (which I didn't say I had any)
  • Institution: NYU-Stern Economics, PhD Decision: Rejected Funding: -100 Notification date: 3/16 Notified through: e-mail to check the website Comments: I guess I am the first one to be rejected...
Waitlists:
  • Institution: U Chicago Economics, PhD Decision: Waitlisted Funding: If admitted, funding. Notification date: 3/13 Notified through: Letter dated 3/06 Comments: Same text as for other wailisted people. It's literally my dream school. I really hope to get in....


Waitlists:
Admit summary statistics:
As submitted and recoreded from Test Magic:
There were 1 accepted out of 5 applicants.Of those accepted, average GPA was 3.90, average GREQ was 790.0.
No link to department posted statistics has been added, please let me know if these exist and I will add them.

Links:
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Last Updated: 14:57:51, Fri May 11, 2012