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Economics and finance degree personal statement example (1f)

This is a real Economics personal statement personal statement written by a student for their university application. It has been carefully edited into the new three-question format, with all of the original wording kept. It may have strengths and weaknesses, but it can be used as inspiration for writing your own UCAS personal statement. Ensure your personal statement is entirely your own work, copying from this example or other sources is considered plagiarism and can affect your application. There are lots more examples in our collection of sample personal statements.

Why do you want to study this course or subject?

Having a flair for Economics and accounting I have decided that I want a degree in Accounting and Finance or Management. The many brilliant representatives of the management community around the world have strengthened that resolve.

When I worked in my school as a tutor of English as a Second Language for students from a community school in Muscat, I realized the importance of a strong leader who could organize, command respect, and be able to work well with others. These ideas were further enforced by my month long internship at Novartis Pharmaceutical (Accounts and Finance Department and Human Resources Department).

I attended the Harvard Model Congress in Paris and won the Award of Distinction. One skill in particular that contributed to this award was my confident public speaking.

The last 4 months have been crucial in my learning of real world business and economics. For my IB Extended Essay, titled "To What Extent Does Subway in Oman Operate as an Oligopoly", I set out to prove the oligpolistic structure of the fast food market in Oman. In this effort, I have come across many real life complexities in pricing behaviour, profit making and other aspects of the Theory of the Firm.

While attempting to explain these alternate theories of firms I have developed a keen interest in analyzing and understanding how the world of business works.

After an undergraduate degree in accounting and finance or management I plan to go onto post graduate studies and work on an MBA. A strong performance in a BA will allow me to move onto an MBA and only then shall I be satisfied.

How have your qualifications and studies helped you to prepare for this course or subject?

Having a flair for Economics and accounting has given me a strong foundation to pursue this course. The detailed research and analysis I conducted for my IB Extended Essay on the oligopolistic nature of the fast food market in Oman has deepened my understanding of economic theory applied to real businesses.

My month long internship at Novartis Pharmaceutical, in the Accounts and Finance and Human Resources Departments, gave me hands-on experience of how these departments function in a large company. This practical insight complemented my academic studies and enhanced my interest in finance and management.

Additionally, tutoring students in English as a Second Language sharpened my communication and leadership skills which are essential in business and management roles.

My participation in the Harvard Model Congress in Paris and winning the Award of Distinction notably improved my public speaking and confidence, key skills in the management field.

What else have you done to prepare outside of education, and why are these experiences useful?

Outside of formal education, I have been actively involved in sports and personal development which support my career ambitions.

For the last four years, I have been part of our school’s volleyball team, ICE. We have retained our ISAC (Inter Schools Activities Conference, Middle East) title for four years running. Playing as a power hitter (spiker) demands intense physical fitness which I maintain through regular gym workouts.

I am also part of the school track and field team, specializing in the 100m, 200m, and 400m sprints as the fastest sprinter since grade 11, while also pursuing long distance running.

In my spare time, I explore programming and technology, being conversant with Visual Basic Programming and ensuring I keep up-to-date with the latest hardware and software by managing installations myself.

Additionally, I study Urdu, my native language, to maintain a crucial connection to my culture.

Living in a diverse international community of over 52 nationalities has broadened my appreciation of different cultures. These experiences, coupled with my motivation and practical engagements, strengthen my preparedness for a career in Accounting and Finance or Management.

AI generated feedback

This feedback is AI-generated, based on the text of this personal statement:

This personal statement effectively communicates a clear motivation for studying Accounting and Finance or Management, supported by relevant academic and extracurricular experiences. The candidate's real-world internship and IB Extended Essay provide strong evidence of subject understanding. Incorporating specific universities or intended grades could improve clarity. The statement would benefit from tighter focus by reducing minor repetitions and more explicitly linking skills gained from sports and extracurriculars to career ambitions. Overall, it is well-structured for the new UCAS personal statement format, with a good balance of personal insight and academic preparation.

How personal statements have changed?

The current personal statement format, with three 'scaffolding' questions, was introduced by Ucas in September 2025. This personal statement was submitted before then, using the old essay-style format. It has been carefully edited into the three-question format, with all of the original wording kept.

Need help with your personal statement? You can ask a question or get feedback from The Student Room community (and our trained personal statement experts) on the personal statement advice forum.

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