
startz
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Everything posted by startz
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(Profile evaluation) One poor grade in a PhD-level class
startz replied to asdfjklasdfjkl's topic in PhD in Economics
Absolutely not a deal breaker, especially if you do well in the next class. -
This may be a good time to remind people about deadlines for accepting offers. The Council of Graduate Schools writes in part, Almost all graduate schools with economics programs are party to this agreement. (Business schools may not be.) The complete statement is at https://cgsnet.org/wp-content/uploads/2022/04/CGS_April15_Resolution_Apr22.pdf.
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No, not necessarily anything to do with waitlist. All we know is that 62 offers were made. Almost everyone makes more offers than they expect to have accepted. Usually, many more.
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Good question. We're wondering about that too! This will be a campus-by-campus decision. We (UCSB) do not have an answer. I'm told, third hand, that one other campus has been told to make many fewer offers.
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I don't have the exact numbers in front of me, but the raise is on the order of 30 percent first year plus another 20 percent the second year across all the UC's. Pay at Berkeley and UCLA will be somewhat higher. Much, much more than inflation.
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This is likely to be decided differently on different campuses and probably differently across different departments on the same campus. It is not good. In many places there are not yet clear decisions. On the other hand, pay for graduate students is going up a lot.
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Only a few econ programs do interviews.
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About two-thirds of econ PhDs go to international students, which doesn't exactly answer the question but is probably close. https://www.aeaweb.org/content/file?id=16201. Many schools have a waitlist, often sending out a few more acceptances quite late in the process.
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Will delaying going to grad school by 4 years make things significantly more difficult? Yes. In particular, your math will be very rusty and letters of recommendation may be harder to get. One thing to check is that it is very common for the military to assign recent graduates to go to grad school for a couple of years. But I don't know if this is only for career officers. Being a veteran and/or urm will definitely get you looked at carefully by admission committees. By the way, we recently graduated a PhD who started our program as a colonel in the reserves in his 40s.. Fantastic and successful student.
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Economics PhD profile evaluation for fall 2023
startz replied to Jacky Hua's topic in PhD in Economics
My guess is that you do have a shot. But you should go ask the people who wrote you letters. They know your record much better than anyone here can. -
Economics PhD profile evaluation for fall 2023
startz replied to Jacky Hua's topic in PhD in Economics
My guess is that you have a reasonable shot at some of those. As always, it will depend a lot on letters of recommendation. -
For all the schools you mention, the critical thing is letters of recommendation. Tell your letter writers where you are thinking of applying and ask them if you have targeted a reasonable set. Several schools have dropped GREs this year, so don't assume the 165 will be a problem everywhere. Being a URM will definitely mean schools will take a closer look.
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Given you now have data analyst experience, you should seriously consider doing a pre-doc rather than a master's. This will also let you take a couple of more math courses at the same time.
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First, congrats on the GRE. nicely done. If you can take the course and get an A, there is no doubt that will look good. It is true that econ programs are quite hierarchal. As a random example, Princeton's faculty is dominated by folks with degrees either from Princeton or from one of a couple of universities in Cambridge, Massachusetts. On the other hand, the need to go to a top program in order to get an academic appointment is sometimes exaggerated. My program, which is ranked 34 by USNews, sent half our graduates to academic appointments last year. Others went to the World Bank, Microsoft Research, and Apple.
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You don't need this class for a top program. You really don't need this class for a program for a just "very good" program. You don't need to go to graduate school in order to get into graduate school. Now this is somewhat generic advice. Go talk to one or more of your letter writers about advice specific to you. PS Do aim for more than a 165 on the quant GRE. You want a 167 or better.
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You have a 3.96 GPA. You don't seem to have had much of a problem from "variability" in the past! But look, you have a strong record--you don't need grad econometrics. If it's bugging you, just drop it and take another math class. Or maybe better, take something just for fun as it's your last chance!
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Really tanking a graduate class will hurt some. But given your record, why would that happen? Don't take the class unless you are willing to devote the required time. Also remember that the graduate students will be studying together--you should try hard to join a study group.
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I wouldn't argue that against the idea that a master's is the norm for international students. I do think that research experience, as in a pre-doc, is more important. Letters of recommendation are really, really important. It's also probably not a good idea for someone who has completed one year of university to be sure they know where they want to end up. Prepping for applying to top five programs, as the OP suggests, is very smart because it keeps options open. But decisions as to what to do after university may be easier to make next year.
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The issue of needing a master's degree is a little unclear (for American PhD programs). (Unlike the pre-doc, which while not necessary is clearly helpful.) Most international students do get a master's first (maybe 80%). For American's, it is relatively rare (maybe 20%). I suspect that the math you are talking about plus a really good pre-doc would be sufficient.
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Being an RA is important, and especially for getting letters of recommendation. Participating in research is valuable because you learn a lot from the experience. Doing your "own research" is not very important. If you already knew how to do high quality research why would you need a PhD?
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Assuming the letters are strong, you will have no problem getting into a T20-30. In fact, you can probably place higher. The name value of the school won't do it--the name value of your letter writers will.
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Please ignore Please ignore this person. The "advice" is either spam or very ignorant.
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Ignore the difference is stipend. It's trivial compared to your lifetime income/utility.
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Profile Evaluation: Do I have any chance for a Top 50 Econ Phd program?
startz replied to Y.Z.X's topic in PhD in Economics
If the professor publishes in finance journals, that's fine. If mostly in law journals, then the recommendation will probably be less effective.