Macgregor - London School of Economics

B Advanced Finance and Economics (Honours)

Motivation

My motivation for participating in the short-term course at the London School of Economics (LSE) was driven by several key factors:

Enhancing Technical Skills: I wanted to deepen my understanding of advanced financial concepts like private equity, venture capital, LBOs, IPOs, and hedging strategies, which are crucial for my career in finance.

Learning from Experts: LSE’s renowned faculty and rigorous academic programs offered an opportunity to learn from leading experts in the field.
Personal Development:

Challenging Myself: I thrive in challenging environments and saw this intensive course as a chance to push my limits and grow both academically and personally.

Gaining Global Perspective: Studying in an international environment at LSE allowed me to gain diverse perspectives on finance and economics, enriching my understanding of different cultures and business practices.

Cultural Experience: Living in London, a global financial hub with rich history and culture, was an exciting opportunity to explore the city and its offerings.

Overall, these motivations combined to make the short-term course at LSE a perfect fit for my academic, professional, and personal growth aspirations.

Personal Development 

During my time at LSE, I made many connections and friendships with many different students around the world. I also built confidence by travelling overseas by myself for the first time, and developed critical analysis skills and communication skills by participating meaningfully in lectures and tutorial discussions. This experience has given me more motivation to pursue a career in international law and has given me more confidence in myself as a student, my learning style, and abilities to do well in assessment.

Academic Development 

Overall, my academic experience at LSE was transformative, equipping me with advanced knowledge and critical thinking skills in finance. I enjoyed the rigorous academic system, interactive learning environment, and global perspectives, although I faced challenges in workload management. This experience not only enhanced my academic capabilities but also broadened my worldview, preparing me for future academic and professional challenges

Professional Development 

My experience at LSE has significantly contributed to my professional development by equipping me with advanced financial knowledge, analytical skills, and the ability to work effectively in diverse and challenging environments. Overcoming academic and cultural challenges has strengthened my adaptability and resilience, while networking opportunities have expanded my professional connections. These skills and experiences position me well for future career opportunities in finance, where I can leverage my enhanced capabilities to make meaningful contributions and achieve professional success.

Funding

Budgeting Techniques:
Research: Researched average costs in London for accommodation, transport, food, etc., before leaving.
Setting a Budget: Established a budget based on expected expenses and available funds.
Expense Tracking: Used a budgeting app to track daily spending and stay within budget limits.
Prioritisation: Prioritised essentials like accommodation and transport over discretionary spending.

Overall Expenses:
Accommodation: $2400
Transport: $3000
Miscellaneous: $120/day (Food, Drink, Entertainment)

Tips for Future Students:
Research Costs: Check living expenses in advance to plan your budget effectively.
Create a Budget: Set a realistic budget for all expenses, including essentials and leisure.
Monitor Spending: Use apps to track spending and adjust as needed to stay within budget.
Student Discounts: Take advantage of discounts on transport, entertainment, etc., with your student ID.
Plan Ahead: Book accommodation and travel early to secure better rates and avoid last-minute costs.

Highlight 

One of the most memorable highlights of my time studying abroad was attending the University of Cambridge Trinity Ball. The Trinity Ball was not only a glamorous event but also a chance to appreciate the academic heritage and cultural legacy of Cambridge University. It was a highlight that enriched my study abroad experience, providing unforgettable memories and insights into British university life and traditions.

Advice/Top Tips

Plan Early: Start planning and organising your study abroad experience well in advance. This includes researching programs, applying for scholarships or funding, securing accommodation, and arranging necessary travel documents. Early planning reduces stress and increases your chances of securing preferred options.