7 Economics Personal Statement Examples | With Analysis

What makes a great personal statement?

How do you improve your chances of achieving a university offer in economics?

In this post I will give some personal statement examples and discuss what the best economics personal statements do well.

Key features that great personal statements share

Disclaimers, evolution of economics personal statements, what makes a great economics personal statement, key features that great personal statements share: a reminder, lots of supercurricular activities, personal insights about such activities, demonstrate key skills, a well written essay, more economics personal statement advice, latest posts.

This diagram shows my summary of what makes a great economics personal statement. Based on my experience as an economics tutor and economics personal statement examples, here are four qualities that make personal statements stand out.

4 tips | what makes a great economics personal statement?

I explore these categories further below and in my ultimate economics personal statement guide.

For my ultimate economics personal statement guide, check out the link below:

Firstly, here is a list of ten economics personal statement examples available online.

Also below, there is analysis of what makes a great economics personal statement.

To learn how to improve your economics personal statement, check out the link below by clicking the blue button:

I cannot guarantee that the personal statements linked above achieved the university offers claimed on those pages. Nor can I claim that each statement is 100% perfect.

By linking to these sites, I do not endorse any of the sites linked above.

You should not copy any part of the personal statements above. Doing so is plagiarism and can lead to the disqualification of your university application. Instead learn from the techniques and kinds of things mentioned in their statements. See specifically the rest of this article for what we can learn from these personal statements.

A proportion of the samples above are relatively old (five to ten years ago or more).

For some universities the personal statement is more important for applications. Consider for example LSE and UCL, top universities where there are no admissions tests or interviews.

We can look at more recently written and publicly available personal statements.

Based on these, here are some observable trends in recent years among the best performing economics personal statements:

  • More supercurriculars relative to the above personal statements.
  • More reference to undergraduate-level economic theory. This can show further reading and an ability to potentially do well in the undergraduate course.

In this section I am drawing on my experience as a tutor about what makes a great personal statement. I am also using the available online examples of economics personal statements and the criteria listed by the top UK universities.

Such statements are by no means always perfect, yet they show the qualities and skills that allow students to attend the best universities.

These examples allow us to analyse what makes a great personal statement and also where students often go wrong with personal statements.

As a reminder, here are the four features of great economics personal statements mentioned above:

  • Lots of supercurriculars
  • Highlighting key skills
  • Personal takeaways

Here is a breakdown of these categories:

What activities have you completed, outside of class, that relate to economics? Have you read a book, entered an economics-related competition, or watched an economics lecture? These are examples of supercurricular activities. I consider these a key focus for the best personal statements and I discuss these further in my economics personal statement ebook. These show your motivation to study economics which will be critical if you want to study the subject for three years at university.

For more on supercurricular activities, click the link here:

These are what I refer to as “personal takeaways” later in this guide. What did you learn from the supercurricular activity? Detail is very important, both for showing a high level of understanding and also to convince the person reading your statement that you actually completed the activity. This should go beyond just recalling the activity – maybe there is something you learnt from this activity or something you read that you disagreed with. We discuss how to write about personal takeaways in the ebook.

For more information about how to use supercurricular activities in your statement, including how to generate personal insights, click this button below:

Obviously you should try to show academic ability in economics and motivation to study economics. But what other skills are useful to show in a personal statement? 

While there are many skills that could potentially be useful, I draw your attention for now to two key skills: Ability in mathematics and independent study (including research). Evidence from supercurricular activities that you have these skills will help convince admissions staff. Moreover these skills will help you in the economics course.

What constitutes a “well written essay”? 

Your personal statement should be well structured, with effective links between ideas and paragraphs. The grammar should be completely correct, that is  there should be no mistakes. 

Finally consider your vocabulary – can you embed economics-related terminology into your personal statement? You can use a thesaurus but do so with caution – sometimes it is obvious where a thesaurus has been used (and often the new word used does not make sense in that context!).

For more economics personal statement tips or for economics university application advice, check out the link below:

For A-level Economics resources, click the link here:

  • What economic theory says about immigration
  • Why governments save some firms but not others
  • 3 Economic Fallacies Explained
  • How Did Amazon Grow So Big? 4 Key Economic Factors
  • Will AI take our jobs? What economists say about AI

BrightLink Prep

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

masters economics personal statement

by Talha Omer, MBA, M.Eng., Harvard & 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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Personal statements

Read the phrasing carefully.

Different institutions will phrase what they want to see in their personal statement differently, some examples (as of September 2013) and how you could break the wording down to ensure you address everything are below:

Example of application guidance from LSE:

You must submit a personal statement with your application form. This should be between 1,000 and 1,500 words. It should describe your academic interests and your purpose and objectives in undertaking graduate study. 

Suggestions of what to include for this phrasing:

  • Outline what are your academic interests specifically
  • How they are related to the course.
  • How do you see the course furthering these interests?
  • Do you have previous experience of studying these areas?
  • Was your undergraduate dissertation, major project or a group presentation relevant to the course or your academic interests?
  •  Have you attended conferences, seminars or networking events outside your studies to increase your knowledge?
  • What have you learnt recently,
  • and how does this link to the course you are applying for?
  • Perhaps you can link your academic interests to work experience you have gained?
  • Purpose in undertaking graduate study  – Why are you applying for postgraduate study? This could be linked to discussing your academic interests, or perhaps you have a career orientated goal.
  • Objectives in undertaking graduate study  – What do you hope to achieve by the end of your postgraduate study, whether educationally or professionally? If you have professional objectives, how will this course help you move towards your career goal?
  • What else?  – you could also include some of the suggestions in the guidelines below, but make sure you address everything in their description.

Example of application guidance from SOAS:

Your personal statement should be no more than 1,000 words. It should include the reasons why you are interested in the programme, highlight your relevant experience and suitability for the programme as well as future plans. 

  • Why you are interested in the programme  – Look at the course content carefully to decide what it is that most interests you in the programme content-wise. Discuss any relevant research or coursework you might have done in the past, and include technical language or language that shows you have a grasp of the topic.
  • Relevant experience  – think back to your work experience, extracurricular activities and voluntary experiences and reflect upon relevant projects you might have worked on, tasks you were set or research you conducted that demonstrates relevance to the course. You might not feel you have this experience yet, but perhaps you have worked in a relevant sector and you could show your technical and commercial understanding.
  • Suitability for the programme  – Think about the skills you might need to succeed in this programme. What is your experience that makes you suitable for the programme? Perhaps you will reflect on study or research skills that you have gained, or maybe you’ll need strong negotiation, communication or presentation skills which you gained through mooting or as a student representative? If you can show you were engaged with your undergraduate university’s community then this might be a good place to mention what you did.
  • Future plans  – What are your career aspirations and how do you see the course furthering these?

Writing a personal statement

If they do not specify what to include in your personal statement, areas you might want to include are below. There is no set order of when to mention what but starting your personal statement with your most relevant point is advised.

Motivations

  • Why are you applying for the programme?
  • What do you hope to gain from the programme?
  • What is it that interests you about the subject? Can this be related to your previous education or work experience (see below)?
  • What are your career aspirations and how will this course help you achieve them?

Educational experience and commercial knowledge

  • Do you have past education that gives you the knowledge base you need for the course?
  • Is your undergraduate dissertation relevant? Tell the tutor about it and the research methods you used (especially if applying for a research masters).
  • Perhaps you like to keep up with current news in the sector you hope to go into. You could mention a topical issue and discuss how you see the course furthering your understanding.

Work experience

  • Have you gained work experience in a field relevant to the course or relevant to your career ambitions? Can you link this experience to your motivation to wanting to continue studying in this field?
  • Tell the tutor about this experience and reflect on how this could help with the course or use it as an example of your motivation for continued study in a related area.
  • If you are a mature student returning to study, why are you returning? Are you looking to make a career change? Why, and how, do you expect the course will support your new ambition?

Other experience

  • Include your extracurricular and voluntary experience too. Tutors want rounded people on their course; show that you engaged in university life during your undergraduate course or that you gained some relevant skills or experiences through volunteering.

Anything else

  • You can outline your main achievements, awards or successes in competitions. Think about the course you are applying for and if there is anything they might be particularly impressed by.
  • Mention relevant summer schools, overseas study or conferences/ short courses you might have attended that are related to the course.

Other circumstances

  • Deferred entry – if you would like to start the course the following year explain to the course tutor what you will be doing with the next year.

Final checks

  • Spelling and grammar – this will give the course tutor an idea as to your writing skills, so ensure there are no mistakes.
  • Abbreviations and acronyms – explain any you have used.
  • Content structure – ensure the paragraphs make sense and that the document flows well. Don’t repeat yourself by revisiting an experience or educational point.
  • Don’t write a narrative of your life, from leaving school to current day.
  • Be positive; don’t use negative language i.e. Although I have little experience of…
  • Adhere to the word count (where applicable) or if there isn’t one, keep your statement to two to three pages of A4.

If you are already a student at LSE and would like LSE Careers to check your personal statement before you submit it please  make an appointment for a careers discussion  on CareerHub. It is also advised that if your application is fairly technically subject specific that you get an academic to check the content for accuracy.

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Northeastern University Graduate Programs

College of Social Sciences & Humanities

The Master of Science in Economics is a STEM-designated program designed to provide a solid foundation in economic theory, quantitative methods, and policy. It prepares students for multi-industry career opportunities or can be used as a stepping stone to a PhD program.

Northeastern’s Master of Science in Economics is a STEM-designated program, focused on both applied economic analysis and policy. The program is designed for students looking to enter the workforce in a range of fields, or as a stepping stone to a PhD program.

With eight required classes (four core classes and four electives), the Master of Economics program allows you to tailor your degree to your professional goals and economic interests. Core courses provide a solid foundation in economic theory and quantitative methods, while electives provide students with the opportunity to apply economic analysis to particular policy areas. A variety of tracks and specializations are available and make it simple to tailor the degree. Part business and part social science, our Master of Science in Economics prepares graduates for a range of careers in research and development, government, finance, healthcare, and more.

Paid work as a practicing economist for three to six months may be included in the degree program as part of an optional co-op experience for qualified students.

Learn more about the Master of Science in Economics from the College of Social Science and Humanities .

More Details

Unique features.

  • Recent students had co-ops at Eversource, Boston Planning and Development, Guy Carpenter, Tufts University, and more.
  • Complete your degree in as little as eight classes:  Full-time and part-time options make it easy to fit in the four required core classes and four elective classes needed for graduation.
  • Policy-focused specializations that prepare you for approaching certain sectors of economics. Example specializations include financial economics, health economics, international economics and more .
  • Academic-focused specialization that prepares students for PhD programs.
  • Quantitative-focused specialization that hones in on Big Data, programming skills, and more .
  • An official data science concentration in partnership with Khoury College of Computer Sciences where students can fine-tune their computational modeling skills.
  • STEM-designated degree: This means international students in this program can apply for a 24-month OPT STEM Extension to their 12-month Optional Practical Training (OPT) period. This allows graduates to work in the U.S. for up to 36 months after graduation.

Career Outlook

Graduates of the program have gone on to work in a range of fields and industries. Some of their titles and companies include:

  • Assistant Vice President, Consumer Banking Operations at Bank of America
  • Investment Management Consultant at FactSet
  • Economist at the Bureau of Labor Statistics
  • Programmer Analyst at the Mentor Network
  • Legislative Aide to Senator Mike Barrett (MA)
  • Research Executive at Millward Brown
  • Project Manager Assistant at Ounin Consulting
  • Global Assistant Allocation Analyst, Columbia Threadneedle Investments
  • Senior Analyst, Web Strategy and Analytics
  • Program Assistant, Zhongrong International Trust

Other graduates have gone on to pursue PhDs at:

  • Northeastern University
  • Cornell University
  • Boston University School of Law
  • University of Wisconsin Madison
  • Tulane University
  • University of Georgia

Testimonials

Zachary nielsen, 2018 graduate, looking for something different.

A graduate degree or certificate from Northeastern—a top-ranked university—can accelerate your career through rigorous academic coursework and hands-on professional experience in the area of your interest. Apply now—and take your career to the next level.

Program Costs

Finance Your Education We offer a variety of resources, including scholarships and assistantships.

How to Apply Learn more about the application process and requirements.

Requirements

  • Application
  • Application fee
  • Personal statement
  • Three letters of recommendation
  • Unofficial transcripts from all institutions attended
  • English proficiency for international applicants

Are You an International Student? Find out what additional documents are required to apply.

Admissions Details Learn more about the College of Social Sciences and Humanities admissions process, policies, and required materials.

Admissions Dates

Industry-aligned courses for in-demand careers..

For 100+ years, we’ve designed our programs with one thing in mind—your success. Explore the current program requirements and course descriptions, all designed to meet today’s industry needs and must-have skills.

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The Department of Economics offers a graduate cooperative education option in its Master of Science in Economics program. This exciting program option allows qualified students to enhance their practice-oriented graduate education in economics with actual work experience. Please note that this is paid work and not an unpaid internship. Students who meet the following academic criteria are eligible to apply for participation in this program:

  • Completion of the four core courses
  • Completion of two semesters of coursework
  • A minimum grade point average of 3.500

Following a rigorous internal interview process, successful applicants are recommended to, and interview with, prospective employers. The final decision on hiring is made by the employer. The co-op experience typically begins after the spring semester has ended, or when the position is secured, if later, and continues until the end of the fall semester. The student then returns and finishes remaining academic requirements during the following semester(s).

Our Faculty

Northeastern University faculty represents a broad cross-section of professional practices and fields, including finance, education, biomedical science, management, and the U.S. military. They serve as mentors and advisors and collaborate alongside you to solve the most pressing global challenges facing established and emerging markets.

Oscar Brookins

Oscar Brookins

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By enrolling in Northeastern, you’ll gain access to students at 13 campus locations, 300,000+ alumni, and 3,000 employer partners worldwide. Our global university system provides students unique opportunities to think locally and act globally while serving as a platform for scaling ideas, talent, and solutions.

Below is a look at where our Humanities & Social Sciences alumni work, the positions they hold, and the skills they bring to their organization.

Where They Work

  • Commonwealth of Massachusetts
  • City of Boston
  • Liberty Mutual Insurance
  • Fidelity Investments
  • State Street

What They Do

  • Business Development
  • Community and Social Services
  • Media and Communication

What They're Skilled At

  • Public Speaking
  • Social Media

Learn more about Northeastern Alumni on  Linkedin .

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How To Write A Personal Statement For Masters (17 PDF Sample Examples)

Published: 14 Mar 2022 Study Abroad 96,959 views

How To Write A Personal Statement For Masters (17 PDF Sample Examples)

A personal statement for masters program is one of the most important parts of your college application and writing a good one is what’s the exception between receiving an offer and being rejected.

If you’ve been tasked with presenting a personal statement, you should keep in mind that whatever you submit must put you forward as the right candidate for the course. Additionally, it should convince the admissions officers that you deserve a place on your program of study.

Achieving the above, is a skill most postgraduate students are yet to acquire but thankfully this article on How To Write A Personal Statement For Masters covers everything you need to know on doing this.

In this article you’ll learn:

  • What is a personal statement?
  • Tips for making your personal statement for masters stand out
  • How to write a personal statement for masters
  • Personal statement for masters sample
  • Examples of personal statement for masters
  • Conclusion – things to avoid when writing a personal statement for masters

Read:  Admission Interview Tips .

What Is a Personal Statement?

A personal statement AKA admissions or application essay or statement of purpose is a type of essay or written statement a candidate presents to a college, university, or graduate school they are applying to, explaining why they want to attend that school, study a particular course, and why they would be a perfect fit for these things.

A personal statement for masters is an essay you submit specifically for your postgraduate application. Writing one presents the opportunity for you to promote yourself to a school and show the admissions teachers that you are the perfect candidate for a course.

Tips For Making Your Personal Statement For Masters Stand Out

Before we get into how you should write a statement of purpose for masters, we would first like to share with you certain tips to include in your essay to make it stand out from that of other applicants and be convincing enough to any admissions officer that reads it. The tips we have mentioned here, cover general things like starting and ending your personal statement, timing, length, and what to include and what not to include in the essay, etc.

1. Starting And Ending A Personal Statement

When starting a personal statement, you would want to right off the bat grab the reader’s attention. To do this, start the statement by writing about your degree of choice, next why you want to study it and then how you got interested in it.

The next 2 sentences after that should cover a summary of your background in the chosen field, and you conclude by saying what you plan to do once you acquire your graduate degree.

Also start with that the evaluators reading want to hear first, then every other information should come second. You will notice we’ve used in the sop examples for masters we will share with you later in this article.

2. Plan Ahead

A personal statement is not something you rush while writing, which means if you want to get something good before you application then you must start to decide things like the length and how long it should take to complete.

Let us throw more light on this…

For length, a personal statement should be brief ranging somewhere between 500 -700 words, although schools often detect how long it should be. So, this is dependent on the institution you are applying to.

In terms of what to say in a statement, you could include personal experiences like why you were driven to apply for the program, an experience you had with a scholar in your chosen discipline, a course you took that inspired you to pursue masters, or a key moment during your studies which further motivated you.

No matter what you decide to write, just keep in mind that you need to take your time to craft something good even if it means creating several drafts before the real thing and do not forget to proofread the statement for errors.

3. Research Your Program Of Study

Researching your program of study is one way to establish that you truly understand the discipline you’re getting into and prove to the admissions officer that you thoroughly thought about it before applying.

And because you want to put yourself forward as a serious candidate, one way to make you research easier is for you to visit the website of the department you are applying to. This page will contain information about faculty members, their specialisation, and publications.

From the intel, you gathered there you can now identify which professors match your interests and which ones you will benefit the most from learning under. After you’ve found this out, relate the same in a sentence or two in your statement of purpose for masters.

Example: “I would be honoured to study under the tutelage of Professor Nadia whose work I found resonated strongly with my beliefs and intended projects in this course”.

4. Avoid Clichés, Junks, And Many Details

When writing a statement of purpose for master degree try to avoid clichés, junks, and unnecessary details so that you don’t lose or bore your readers in between. Be as concise as possible, even if it’s your chance to express yourself.

A personal statement is an opportunity for the admissions committee to get information that tells the that you are suitable for the course. So, when you overpower your statement with too many words, stories, and useless details, you come off as someone who is just trying to meet the word count.

5. Include Your Personal History Only If It Adds To The Statement

Do not include your personal history in your statement of intent for masters if it is not relevant to your purpose of study. This means no need for you to tell that story about that time you helped someone treat a cut and immediately realised that you wanted to be a doctor or nurse or how you developed a taste for reading at a very young age.

We can guarantee you that the hundreds of other applications competing for the same spot you are felt the same way, so saying those things really doesn’t make you unique.

On the other hand, if you are going to add personal history to your statement, you can put in things like an internship you did and the experience you got from the job, a major research project you ran by yourself, publications you’ve read or published, conferences you’ve attended or presentations you’ve done. These experiences are more concrete and are directly related to your program of study. They also set you apart from other applicants.

6. Don't Use The Same Personal Statement For All Your Applications

One common mistake applicant make that you shouldn’t is using the same statement of purpose for master degree for all your applications. Using the same information repeatedly even if you are going to change the university names is risky and could land you in a big mistake on a day you forget to be thorough.

All programmes have their own unique set of questions they want to see answered and information they need in your personal statement.

And even if some of them like extracurricular activities, proposal for project, why you are applying to the school, your unique qualities, and research works you’re doing might appear the same, do not use one statement to respond to all of them.

Write a new unique personal statement every time you want to apply.

Check out:  How to Write a Good CV for Students - Resume Examples for Students (PDF).

How To Write A Personal Statement for Masters

When writing a personal statement for masters there are several steps and ground rules you need to follow to ensure that it comes out good enough to impress the admissions team of a school, and ultimately convince them to give you a spot on your program of study.

If writing one is something you are currently struggling with and can’t seem to get down the process of it right no matter what, this section on how to write a personal statement for masters, discusses in detail everything you need to get help with yours.

There are 4 parts to consider when writing your personal statement and we have listed them below:

1. Planning A Personal Statement

A personal statement is a piece of writing showing your academic interests and is only for application purposes which means there is no room for any autobiographical information in it about your personal life. Be as to-the-point as possible when writing it and stick to telling the school why you are the right person for the course, plus any other extra information detailing your achievements.

Before You Start:

Allot plenty of time to write your msc personal statement so that you don’t rush it. Remember, this simple piece of writing is your one shot at convincing a school that you are the best applicant they’ve seen and as such can either make or break your application.

Read the information expected of you from the university, rules and guidelines given, selection criteria and understand what they mean. Also research the institution.

Do a thorough research on the course you are applying for; this will help you explain better why you want to study it. The tutors interviewing you can tell when you are lying and presenting yourself as uninformed can cost you the admission.

Ensure that you don’t use the same personal statement for all your applications.

When Writing:

When writing the statement there are some questions to ask yourself that can help you plan it better. Those questions are:

  • Why you want to study a master’s and how does it benefit you in future?
  • How does the course you have chosen fit into your pre-existing skill set?
  • How do you stand out from the crowd as an applicant - e.g., work experiences you’ve had in the same field you are applying for?
  • What do you aspire to do or be as a future career and how will the course help you achieve that?
  • How can your work or skillsets contribute positively to the department/ university you are applying to, or society at large?

On the other hand, if you are applying for the masters to change from the field you studied in your undergraduate to another field, you should tell the school why you decided to take a different path in your studies.

Questions to ask yourself for this include:

  • Your reason for deciding to change your discipline.
  • How your undergraduate degree will be material for bringing fresh insights into your masters course.
  • How changing your study path will help you attain your future career.

2. Structuring A Personal Statement

Having good structure for your personal statement for master degree is important because it ensures that everything from the beginning, middle, and ending of the statement is written and equally falls in place perfectly.

We’ve left some tips for you below to help you:

Start your personal statement with an attention-grabbing introduction that is not dramatic or cliché. That means you should not begin with any of these over-used phrases we’ve listed out below:

For as long as I remember…

Since my childhood…

I want to apply to this course because I’ve always felt a strong connection to it…

All my life, I have always loved…

My interest in (course) always ran deeper than…

I’ve always been zealous about…

Ever since I was a child, I’ve always wanted to pursue a career in…

My past educational experiences have always…

You would want to be as snappy as possible with your opening because the admission officer has over a hundred applications to read and can’t waste all their time on yours. This means you should avoid overpowering it with unnecessary facts, quotes, and stories from your life.

The middle part of your ma personal statement is where the main content of the write-up should be. This is where you show your dedication to the course you’ve chosen, what motivated you to choose it, and why you are the right candidate for it.

When writing the middle part of a graduate personal statement, you should:  

  • Give concrete reasons why you want to study a course at the University. The reason could be because of how the course is aligned to your future career or the University’s reputation in teaching that program.
  • Mention relevant things like projects, dissertations, or essays you’ve done, and any work experience you have.
  • Show proof of your core skills like and how they can contribute to the department.
  • Prove what makes you a unique candidate.
  • Discuss who your main influences for wanting to study the course are and why.
  • Add experiences like memberships to clubs that are related to your field, papers you’ve written before, awards, scholarships, or prizes.
  • Draw focus to how the course links to your past and future.
  • Mention your academic and non-academic skills and how they fit the course.

For Formatting:

  • Keep the statement length between 250 -500 words or as directed by the school.
  • Sentences should be no more than 25-30 words.
  • Use headings to break up the content – Why this university? Why this subject? Etc.
  • Make claims and provide evidence to back each of them up. This can be done by discussing your work experience and academic interests.

Language and tone to use:     

  • The tone for your masters application personal statement should be positive and enthusiastic, to show you eagerness to learn and so that you convince the evaluators that you have what it takes to succeed.
  • Use exciting and refreshing language, and an engaging opening line.
  • Ensure you grammar, punctuations, and spellings are accurate.
  • Avoid exaggerated claims you cannot backup.
  • Don’t use cliché generic terms and keep your focus on the course.

Keep the ending of your essay for master degree application concise and memorable, leaving no doubt in the admission officers mind that you deserve a spot on the program.

To create the best ending summarise all your key points without dragging it our or repeating yourself. The ending should be simple, end on a positive note and make it clear that the school will be lucky to have you on their program.

Personal Statement for Masters Sample

In this section, we have left a masters personal statement example for you, which you can use as material to write yours for any course of study you are applying to a school for.

Personal Statement PDF

You can also download this statement of purpose sample for masters degree pdf here and take your time to read it later – Personal Statement For Masters Sample .

See Also:  Student CV Template .

Examples of Personal Statement for Masters

We have taken the time to source for some of the best postgraduate personal statement examples, which you can use in addition to the personal statement for masters program example as a template to write yours.

While you scroll through our list, you will find the perfect masters essay example for any field you wish to apply for, from business administration, to Psychology, to information technology, and lots more.

1. msw personal statement

We have found one of the best msw personal statement examples out there for you.

social work masters personal statement .  

2. personal statement for masters in public health

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3. personal statement for masters in management

Personal statement for master degree sample for masters in management .  , 4. personal statement for masters in education example.

personal statement for masters in education example

5. psychology masters personal statement

psychology masters personal statement example

6. sample personal statement for masters in data science data science masters personal statement

7. speech and language therapy personal statement statement of purpose for masters sample: speech and language therapy

8. business administration personal statement personal statement for masters in business administration

9. personal statement for masters in cyber security pdf masters degree personal statement examples for cyber security

10. personal statement for masters in finance msc finance personal statement examples

11. statement of purpose for masters in information technology pdf msc personal statement examples for information technology

12. international development personal statement statement of purpose for masters example

13. msc international business management personal statement international business management personal statement examples

14. computer science masters personal statement

statement of purpose for masters in computer science pdf

15. personal statement for masters in economics statement of purpose sample for masters degree in economics

16. mha personal statement statement of purpose format for masters in health administration    

Conclusion – Things to Avoid When Writing A Personal Statement For Masters When writing a personal statement for university masters, there are some things you should avoid, so that you don’t ruin your essay. We have listed out those things below: •    Avoid negativity. •    Following an online template blindly. •    Do not include unnecessary course modules, personal facts, or extra-curricular activities in your personal statement. •    Do not lie or exaggerate an achievement or event. •    Do not include inspirational quotes to your statement. •    Avoid using clichés, gimmicks, humour, over-used word such as 'passion' or ‘driven’. •    Do not make pleading statements. •    Avoid mentioning key authors or professors in your field without any explanation. •    Avoid using sentences that are too long. •    Avoid flattering the organisation or using patronising terms. •    Do not repeat information in your statement that you have already listed in your application. •    Avoid waffling i.e., writing at length. •    Don’t start writing your personal statement at the last minute.  

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  • Economics Personal Statement

Economics Personal Statement Example

Sample statement.

What stands out to me when I read one of the better newspapers is that economics often dominates the headlines. It is so ubiquitous it’s almost hidden in plain sight and many people don’t even realise they are debating economic policy and issues when they talk about what’s happening. The key position of economics in modern society has stimulated me to find out more about it at an increasing advanced level. The relationship between economics and large businesses really fascinates me and I have completed my extended project on this alongside my economics, maths and history A-levels.

Studying economics at university will give me the opportunity to delve deeper into this complex financial world and I look forward to applying my analytical skills to understand more about how economics influences the global business world.

My interest in economics goes beyond my college work. To learn new skills, I have set up a website that acts as a revision guide for economics for A-level students and also those doing economics at GCSE. As part of this I have started a blog in which I analyse and write about current economic issues, using knowledge gleaned from The Economist, newspapers and other publications.

My school specialises in business and enterprise and I was able to participate in a Young Enterprise project in which I formed a company with a small team of other students and we had to produce a business plan and sell products to other students. This was a great opportunity to practice some of the theory I had been learning and I found that it increased my confidence at communicating with others and taught me a lot about team work.

In my spare time I have worked at my local pet shop, something which has allowed me to see a small business in operation. I have also been able to deal with customers and to learn about caring for rabbits, guinea pigs, small birds and other pets. Through this I started to realise that the economic bottom line may not be the prime consideration in some situations, particularly where live animals and people are involved.

To relax, I like to read science fiction novels and I am an avid Sudoku fan. I am now applying some of the web building skills I have used in my website and blog on economics to designing and building a new website for the pet shop where I work on Saturdays.

I am convinced that I am making the right choice to study economics at university. My skills and determination to work hard and to look at all aspects of business success will carry me through three years of an economics degree and will lead me to a career in which I can apply my knowledge with integrity and with a high regard for people’s needs.

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Personal statement example economics and finance personal statement, economics and finance personal statement.

Over recent years I have developed a passion for looking at current events and how they affect the economy. This interest originates from the enjoyment I get from using maths to analyse a problem, as many situations can be explained clearly using maths. Economics is a subject that is very much alive and this is what makes it interesting to me. Every day there are new situations that economists can explore and analyse and I find this prospect extremely exciting.

Studying Pre-U Economics has increased my enthusiasm for the subject as I enjoy following macroeconomic debate in the UK and learning how globalisation changes markets. I have gained insights about how firms have had to react to globalisation and how nations use protectionism as a way of preventing industries from collapsing. The analytical skills that I have developed in Physics have proved particularly helpful as I can transfer these skills to Economics, despite them being quite different subjects. I enjoy following financial markets where you can see how the economic impacts of global events play out and have recently setup a paper trading account.  The trading application helps further my understanding of the impacts of economic events.  I can test my hypothesis of a particular event against the change in markets and improve my understanding.

I became interested in the socioeconomic elements of development and international aid after reading ‘Dead Aid’ by Moyo. The idea of ‘trade not aid’ resonated with me and led me to conduct further research which led me to conclude that having a skilled labour force would be more economically beneficial than trade. Reading ‘Awakening Giants’ by Bardhan gave an interesting insight at the speed at which China has become a leading economy.

I have also enjoyed exploring the world of economics through work experience, the first of which was with Tradition, a global financial services firm.  I learnt how to analyse and rank different trading strategies based on historical data modelling.  At Guardian Stockbrokers I witnessed in real-time the impact of macro and microeconomic data on different asset classes. I set up a demo trading account on the company’s platform to experience first-hand how the slightest change in the economic outlook  can influence the market price. Last summer I secured a place in HSBC’s work experience programme for 6th form students. I learnt about different aspects of retail banking and gained insight into how a retail bank works. This helped put some perspective as to how banking has changed over the years after the financial crisis.

Last year, I was selected to represent my school in a Physics symposium and as part of the team my role was to apply my analytical skills and communicate the results to my team. This opportunity helped with my team building skills.  I have also experienced how to set up a company and run a profitable business when I was appointed the company Financial Director for the young enterprise scheme. I gained insight into how to conduct meetings and improve my presentation and negotiation skills. I enjoy playing classical guitar and have had the opportunity to perform in school concerts throughout my school years. As an active member of the school Charity and Community Service committees I help the local community by volunteering at the day shelter for the homeless and the YMCA cafe. This experience provided me with a different perspective on life. Throughout school I have captained and toured with many school teams playing tennis, football and cricket.

Everyday something new happens in the economic world, I would love to be part of an undergraduate course that analyses these events. This is why Economics is my chosen course and I look forward to expanding my knowledge in this field at undergraduate level and, hopefully, further.

This student also took a year abroad too. 

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Successful Personal Statement For Economics & Management At Oxford

Author: Adi Sen

  • Successful Personal Statement For Economics…

Table of Contents

Welcome to our popular Personal Statement series where we present a successful Personal Statement, and our Oxbridge Tutors provide their feedback on it. 

Today, we are looking through an Economics and Managment applicant’s Personal Statement that helped secure a place at Oxford University. The Economics and Management Course at Oxford examines issues central to the world we live in: namely how the economy and organisations function, and how resources are allocated and coordinated to achieve the organisation’s objectives.

Read on to see how this candidate managed to navigate the many disciplines of E&M. 

Here’s a breakdown of the Personal Statement:

SUCCESSFUL?

The universities this candidate applied to were the following:

The World’s First Oxbridge Preparatory School

Economics and Management Personal Statement

Economics is the study of now. I view it as the study of the psychology of the people who dictate our lives. The world around us is shaped by the fundamental concept of supply and demand, wants and needs, goods and services. What grips me is that everything I have studied I can apply to real life. Discussions about inflation, for example, are so applicable since its current status is active in the world of pricing; the price of a Big Mac and “Burgernomics” is something to which I can relate from my travels.

The statistical aspect of economic analysis is closely linked to my interest in Mathematics, thus I will take an Econometric route on option modules. This scientific approach to what is otherwise a field-based solely on individual theories and concepts interests me, as I find quantitative analysis much more accurate and reliable than qualitative theories. As an example, I relish analysing more Econometric models on the A-level Course: like Profit Maximisation calculations.

Despite this, Economics intertwines both Maths and Philosophy on a regular basis. I recently read an article from the Guardian by George Monbiot, which discussed the cost-benefit analysis model and whether nature could be quantified as a tangible asset, and how this would benefit neo-liberals in their perpetual quest for profit. This is just an example of how Econometric analysis does not always deliver such verisimilitude where the figures given are ambiguous. This is what is unique about Economics: there is no right answer to the question ‘Is there a right answer?’ The concept of there being methods of analysing the psychology of and nature behind the way that the interface between consumers and producers operates seems to exceed all other subjects in terms of interest.

I find it peculiar that a subject that has such a ubiquitous undercurrent in our society is so undefined and obscure; it is undoubtedly this which draws me to it. Consequently, I strive to keep up with Economics in the modern world by reading the “I” and “Guardian” newspapers, and “The Economist” magazine regularly. For wider background reading I have read Marx’s “Communist Manifesto”, Tim Hartford’s “The Undercover Economist” and “Too Big To Fail” by Andrew Ross Sorkin.

Sorkin’s book provided a gripping, in-depth insight into the world of investment banking and entrepreneurship – I finished the book in a matter of days. His book has inspired me to enter the investment sector. Upon graduation I would like to become an investment banker or negotiator, hence I am in the process of trying to arrange some work experience with the London Metal Exchange.

I completed a programme of work experience with Linden Homes this summer, through the Career Academy Programme on which I am enrolled. It was a six-week internship during which I gained a firm understanding of a construction company’s place within the national economy. I enjoyed spending valuable time in a variety of departments within the firm. I also have work experience planned in Belgium in 2013.

Additionally, I participate in a multitude of extracurricular activities. My team and I finished second in the national UMPH Business Competition; in Year 11 my team set the school record for the Enterprise Day Challenge and for three consecutive years my team won the Grimsby Inter-School Quiz without loss. Furthermore, I am part of both the Franklin College Debating Team and the weekly “Blue Sky Club”, where students meet to discuss current affairs.

Recently, a particular subject of interest has been the US election. We frequently discuss the debates and the candidates, covering subjects like their political viewpoints and how it will affect both our lives and those of the American public – plus the potential Economic ramifications of the possible outcomes. With a genuine zeal for the subject and an ability to relate my studies to the real world, I am convinced that I will thoroughly thrive at degree level Economics.

For more inspiration, take a look through our other successful Personal Statement a nalysis articles:

Good Points Of The Personal Statement

The student gives a good insight into their academic interests and what’s inspired them to develop over time. They also demonstrate a passion for the subject, not only by stating their interest in it but by further explaining what interests them and why they would make a good candidate to study it at university. The student is already accomplished and explains well what they’ve gained from their various extra-curricular activities.

Bad Points Of The Personal Statement

The writing is weak and, at points, unnatural. The forced interjections of examples and unusual adjectives make it read like a student attempting to write a formal and formulaic exam essay. They would do better to write in their usual style, even if it is somewhat informal; this will allow them to better express themselves and they will come across as more interesting to those reading it. More importantly than this, however, at times, the student fails to keep up their otherwise good level of detail, and the writing becomes list-like.

This is particularly prominent when they discuss books they’ve read to develop their understanding of economics. Although they expand on one of these, they do so in little detail. Interviewers are unlikely to be impressed by simply mentioning that you’ve read a book – any student applying for degree-level economics is able to read The Communist Manifesto, for instance – but they will be impressed by your response to it and what you gained from the experience of reading it. Unless you expand on these details, a list of books you’ve read does nothing to contribute to the statement.

UniAdmissions Overall Score:

This statement is strong, except where it discusses academic work. The detail here was likely sacrificed in favour of expanding further on their extra-curricular activities and their particular areas of interest. However, they have limited discussion of their study of various classic economic works so severely that it fails to add anything to the piece. The statement would, therefore, benefit from a more balanced approach to the various areas of the student’s life.

We give this Economics Personal Statement a 4/5 as they have clearly projected their passion for the subject onto paper – the most important part of a strong Personal Statement – albeit this was at the cost of other factors that should have been covered in more depth.

And there we have it – an Oxford E&M Personal Statement with feedback from our expert tutors. 

Remember, at Oxford, the Admissions Tutors are often the people who will be teaching you for the next few years, so you need to appeal directly to them.

Our Free Personal Statement Resources page is filled with even more successful personal statements and expert guides.

Our expert tutors are on hand to help you craft the perfect Personal Statement for your Oxford E&M application.

With our  Oxbridge Economics Premium Programme we help you craft the perfect Personal   Statement , achieve a highly competitive TSA score and teach you how to  Interview effectively.

Discover our  Oxbridge Economics Premium Programme  by  clicking the button below to  enrol and triple your chances of success.

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Economics and finance personal statement example 15.

Through life's experiences, I have come to realise that the economy affects almost everything in the world. Newspapers dedicate more headlines to financial issues in comparison to other topics. This has led to the realisation that without a good stable economy the world could fall to its knees, for example, the Wall Street collapse of 1929 and the more current financial crisis which started in 2007. These factors have influenced my decision to study a finance and economics related degree in university.

I have always had a keen interest in the business environment therefore the BTEC certificate in Business combined with the Certificate and Diploma in Financial Studies I am currently studying at college has provided me with valuable insight into the world of business and finance. Studying Maths at A level alongside this course has helped to increase my understanding of financial calculations, i.e. ratios and cash flow forecasts. I was pleased to be predicted an A for my A level Maths as it reflects all my hard work and dedication. The Business course has provided me with the opportunity to broaden and increase my knowledge with regards to economic and financial issues. This was through the various assignments such as starting up and financing a small business. Through research, I identified that customer satisfaction is a key priority within business organisations. Therefore in order for a business to be successful they need to keep their customers happy.

It is my strong personal belief that like the saying: "Knowledge is power", the road to success lies through education, and in the financial market, knowledge about the economy and the risks involved is crucial if you want to succeed. This has led me to admire and respect successful entrepreneurs such as Sir Allen Sugar and Stelios Haji Loanu. Personally, I would like to work for an international leading bank facing different challenges whilst working in different environments. This will give me the opportunity to deal with financial decisions that will help increase corporate value whilst managing financial risks. The desire to make my community a better place encouraged me to undertake voluntary work. My current post as a Youth Assistant worker gave me the opportunity to organise various events, with the aim of bringing the youths together. This helped to develop my team working and social skills. It was important to be able to work effectively with the other members in order for the event to be a success. In addition to this, I helped to manage the finances and ensure that our budget would cover any events or trips planned. We recently hosted a successful event called 'Black Dreams', which was aimed specifically at young black boys, and was sponsored by local government. During such events, we would socialise with the youths, something that I personally enjoyed and felt like it boosted their confidence and self-esteem. It also helped to develop valuable skills such as organisational skills and good communication skills.

During secondary school, I was actively involved in the highly recognised scheme Aim higher and I was given an award for being innovative and creative. Strong-minded, innovative, risk-taker - These are all qualities that I feel are necessary for anyone who wants to enter the financial field, especially with the world's economy as it is and are qualities that I have in abundance. In conclusion, I hope that taking this course at university will equip me with the necessary intellectual knowledge and practical skills needed when making economical or financial decisions. This will be essential for any career path within the finance and business industry.

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This personal statement was written by mscaro for application in 2011.

mscaro's university choices Aston University Brunel University Oxford Brookes University

Green : offer made Red : no offer made

Degree Economics, Finance and Banking at Nottingham Trent University

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The Key to Better Math Education? Explaining Money.

An orange tip jar filled with money circumscribed by a blue circle with geometric markings.

By Peter Coy

Opinion Writer

I offer to pay you $200 in one year if you give me $190 today. Good deal or bad deal?

It’s the kind of math problem you might encounter in real life, as opposed to, say, whether the cosecant of a 30-degree angle is 1 or 2. You can imagine students perking up and paying attention when they realize that they need to know algebra to avoid being cheated on a loan.

Math and personal finance make a perfect fit. Students grasp concepts such as exponential growth and regression to the mean much better when they see how those subjects apply to their daily financial lives.

A survey in 2022 funded by the Bill and Melinda Gates Foundation found that 61 percent of parents of students said math education should be “relevant to the real world” but that only 21 percent said it was.

The drive for relevance goes beyond K-12 education. Some of America’s top universities are incorporating personal finance into their curriculums.

Harvard has a personal finance course in the economics department that’s taught by John Campbell, a past president of the American Finance Association. “Traditionally personal finance was regarded as a very sort of hands-on skill that you might teach to people who were going to a technical high school,” he told me. “There is, I would say, a modern movement to reconceive of personal finance as a subject with actually a lot more intellectual content.”

Last year Stanford hired Annamaria Lusardi, an expert in financial literacy, from George Washington University. In October she and other faculty members held a conference on teaching personal finance that included presenters from Dartmouth College, Loyola University in New Orleans, Pennsylvania State University, the University of Pennsylvania’s Wharton School and the Yale School of Management.

The question I opened this newsletter with comes from a finance-infused high school math curriculum, FiCycle, that was developed by a New York-based nonprofit, the Financial Life Cycle Education Corp.

It’s a good example in that answering it takes real algebra, the kind that makes a lot of students’ eyes glaze over. To know whether lending me $190 makes sense, you have to know the best alternative use of your money over the coming year. Let’s say it’s a savings account that pays 2 percent in annual interest.

You need to calculate the value to you today of receiving $200 a year from now. So you divide $200 by 1.02, with the 0.02 representing 2 percent interest. The answer is $196.08. That’s more than $190, so you should take me up on my offer. (You can ignore inflation because it affects your two options equally.)

In most high schools, personal finance classes are light on math, and math classes are light on personal finance. The FiCycle curriculum has plenty of each.

“The personal finance component is incredibly motivating for our high school students,” Philip Dituri, the director of education at Financial Life Cycle Education, who has a doctorate in math education, told me.

Dituri recalled one student who said she loved the FiCycle curriculum but hated algebra. “I thought, ‘Do I tell her it’s the exact same math?’”

Financial Life Cycle Education was founded in 2014 by Andrew Davidson, who runs a company that applies analytical tools to investment management. He has a bachelor’s degree in math and physics and an M.B.A. in finance.

Davidson told me that he kept calculus out of the curriculum to make it accessible to a wide range of students. “We think our course works for non-STEM students” but also for students in STEM disciplines such as finance, accounting, insurance and investment management, he said.

There is a national standard for personal finance education that was put together by the Council for Economic Education and the Jump$tart Coalition for Personal Financial Literacy. It emphasizes how to manage one’s finances. FiCycle focuses more on the underlying concepts. It’s about “how and why individuals and households transfer consumption over time,” Financial Life Cycle Education says .

I don’t want to put too much emphasis on FiCycle because it’s still small. Davidson said it’s being used in about 70 schools in about 20 states. The important thing is the idea that it’s promoting, which is that students learn math better through personal finance and personal finance better through math.

At Harvard, Campbell said, about a quarter of his students are the first in their families to attend college. “They want to bring expertise back to their families,” he said. “They’re some of the best students in the course because they’re interested in everything.”

I’ll have more to say in a future newsletter about other ways to promote sound personal finance, especially among disadvantaged populations.

Outlook: Carl Weinberg

Inflation in the eurozone currency area hasn’t fallen as quickly as was expected, making an interest-rate cut by the European Central Bank this spring less likely, Carl Weinberg, the chief economist of High Frequency Economics, wrote in a note to clients on Friday. He wrote that he nevertheless expects the bank’s governing council to make a “dovish pivot” in its comments after its meeting this Thursday.

Quote of the Day

“It ought to be remembered that there is nothing more difficult to take in hand, more perilous to conduct or more uncertain in its success than to take the lead in the introduction of a new order of things.”

— Niccolò Machiavelli, “The Prince” (1532)

Peter Coy has covered business for more than 40 years. Email him at [email protected]  or follow him on Twitter. @ petercoy

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