Meenal - London School of Economics

B Advanced Finance and Economics (Honours)
Winter 2023
Living in London for an extended period allowed me to explore a vibrant and historically rich city.

Motivation

One of the primary motivations was to expand my knowledge and understanding of finance beyond the traditional investments like stocks and bonds. Alternative investments, including private equity, real estate, hedge funds, and commodities, are increasingly important in today's financial markets. I wanted to gain expertise in these areas to enhance my career prospects. Learning from renowned professors and interacting with a diverse group of students allowed me to gain a global perspective on finance and economics, which is essential in an interconnected world.

Personal Development

Living in London for an extended period allowed me to explore a vibrant and historically rich city. I visited numerous landmarks, museums, and neighborhoods, gaining a deeper appreciation for art, history, and culture. Exploring new places and navigating the city on my own enhanced my independence and problem-solving skills. I had the opportunity to form friendships with students from all over the world. Interacting with people from diverse cultural backgrounds expanded my horizons and gave me a broader perspective on global issues. These friendships continue to be a valuable part of my life, fostering cultural awareness and a sense of interconnectedness. Overall, this experience has changed me in profound ways. It made me more open-minded, adaptable, and culturally aware.

Academic Development

LSE is renowned for its rigorous academic environment, and this was reflected in the depth and complexity of the subject matter. I appreciated the high academic standards, which pushed me to strive for excellence and a deeper understanding of the material. The diverse student body at LSE brought a wide range of perspectives to class discussions. This diversity enriched the academic experience by offering insights and viewpoints I might not have encountered in a more homogenous academic environment. The compact summer schedule required me to cover a significant amount of material in a relatively short time, which meant I had to be highly focused and efficient in my studies.

Professional Development

Through the rigorous curriculum and expert instruction at LSE, I gained in-depth knowledge of alternative investments, including private equity, real estate, hedge funds, and commodities. This specialized knowledge is highly sought after in the finance and investment industry, making me a more attractive candidate. The program challenged me to think critically and analyze complex financial instruments. I developed strong analytical skills that are crucial for evaluating investment opportunities, risk assessment, and making informed financial decisions. I built a valuable network of contacts during my time at LSE, including professors, fellow students, and professionals in the finance field. Effective networking and communication are vital skills for career development, and the connections I made can open doors to future job opportunities and collaborations.

Costs

Before departing for my exchange program, I created a detailed budget outlining expected expenses. This included tuition fees, accommodation costs, and estimated living expenses. I set aside a portion of my budget as an emergency fund to cover unexpected expenses, such as medical bills or travel disruptions. My advice to future students would be to set aside an emergency fund to cover unexpected expenses. It's crucial to have a financial safety net.

 

Accommodation

I found out about LSE dorms through my friend who was going on the exchange. It is common for universities who hold exchange programs, to let the students live at the dorms. It was a good social experience and was safe. The only thing that lacked was the ventilation in the rooms. Make sure to choose uni based housing over a random Airbnb.

Highlight

Seeing Les Mis in London and exploring Paris after the exchange was just awesome. Living in London, a city rich in history and culture, was an incredible experience. Exploring iconic landmarks like the British Museum, the Tate Modern, and Buckingham Palace was a highlight. London's multicultural atmosphere also allowed me to enjoy diverse cuisines and festivals. The friendships formed during this experience were a highlight. Shared experiences, challenges, and adventures created strong bonds with fellow students that continue to be a cherished part of my life.

Advice/Top Tips

Begin your preparations by thoroughly researching the available exchange programs, the host institutions, and the countries where you can study. Consider factors like academic offerings, cultural fit, language requirements, and the overall experience. Start planning early!!