LSE or University of Chicago for economics?

<p>In Europe the University of Chicago is not very famous. While LSE is really well known. And as far as I know LSE is really famous in India and East Asia.</p>

<p>In the UK most of the work is done on a self motivated basis. You will only get about two papers to write for very essay based a course (give or take). UK exams are very essay based. Especialy in the humanities, Law, Business and Social Sciences. The essays require more of an arguing of your opinion using what you have learned than only answering direct questions on the material as is more common in the USA (I know this does not apply to all).</p>

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I am afraid that since I don't have a US passeport, big firms would rather recruit a US citizen.....

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Not a point. You would get either a working visa or a green card as solution to your identity. Business is all about negotiation.</p>

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And as far as I know LSE is really famous in India and East Asia.

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<p>India maybe, but nobody I've talked to about LSE here in Japan outside of academics have really known it. Not that it matters.</p>

<p>I know it is famous in China and that it is really well known and respected in India.</p>

<p>Hi there! I am currently in my final year at the LSE where I read Economics. Based on my personal experience here, I would say an Economics degree at LSE is really slack. We only have 12 hours a week (in first and second year) and that becomes shorter when you enter your final year. I had only 10.5 hours per week this year and my classes were only on Thursdays and Fridays! :) Also, an Economics degree at LSE can be very mathematical (depending on the modules you choose) and this means we do a lot of problem solving and virtually no essay writing (I have only written two throughout my time here in the LSE!) Furthermore, as mentioned, we only have exams once a year and that effectively means you can relax relatively a lot throughout the year and focus a lot more at the end when exams approach.</p>

<p>That being said, LSE is a fantastic school! Based on the number of international students here, I don't think you can find any other institution as international as the LSE where we have students from over 150 countries! The fact that it is right in the heart of London also provides a unique experience rarely found elsewhere.</p>

<p>In terms of graduate employments, LSE practically churns out Investment Bankers. If you take a stone and throw it around the LSE campus, you are bound to hit somebody heading into Investment Banking. Trust me, if you come to the LSE, you will be bombarded with information about Investment Banking from the day you step on campus... </p>

<p>Whether or not to come to the LSE is ultimately your own decision to make..but if you are considering entering a career in finance, LSE will definitely prepare you more so than any other institution..just ask any LSE graduate! :)</p>

<p>Hi Lehman,</p>

<p>I a going to LSE next year and have a few questions about the school. I read in several threads that the school lacks a lot in social life. Is this true? Are people in general friendly at LSE? Would the investment banking companies that recruit from LSE only be interested in economics/management students or would they also consider Sociology/social policy graduates?</p>

<p>Lehman, I have a weird question: What exactly is the building called Bush House across the street from LSE?</p>

<p>hey lehman, how does the acct and finance dept fare in comparison to economics, say if i want to go into investment banking in the future?</p>

<p>Hi there! Here goes at my attempts to answer your questions :-</p>

<p>If I am not mistaken, LSE was ranked the most 'party-friendly' university in the UK based on the fact that it is located right in the heart of London and everything (all the bars, clubs etc) is so easily accessible. In terms of social life, I think it really depends on what you make of it yourself. LSE has a famous 'Crush' party on every Friday which is reputed to be the best amongst all the University of London parties. Also, the people in LSE are generally really friendly and you get to meet people from almost all over the world. I cannot stress enough how international LSE is! I doubt you will be able to find any other university in the world that can match the international representation at the LSE.</p>

<p>As for Investment Banking recruitment, you can read any degree and still be eligible for IB. As long as you can show your keen interest in finance, the Investment Banks love to recruit people from other disciplines because they value you more for your personalities traits and abilites to solve problem rather than the knowledge you might have. The technical knowledge required to work in a bank can be easily taught so what's more important are your interpersonal skills and ability to think on your feet. Thus, going into Sociology/Social Policy will by no means put you at a disadvantage compared to the Accounting & Finance graduates.</p>

<p>In regards to A&F vs Economics, it's hard to say because I know loads of people from both departments going into Investment Banking. Statistically, I can't give you the breakdown but I would say almost everyone in both A&F and Economics will either be working in Accounting Firms, Investment Banks or Consultancies. Both are highly reputable departments in the school and will give you a good start into entering Investment Banking.</p>

<p>As for Bush House, it's the home of the BBC World Service. Quite a cool building with words inscripted on it "Friendship between English-Speaking People'. If I am not mistaken, the IRA actually bombed the 'island' just in front of Bush House in the early 90s!</p>

<p>Hope the above is useful information! :)</p>

<p>Leahman. Thank you very much for taking your time to answer our questions.</p>

<p>Oh yeah. Forgot to ask. Is crush held on campus?</p>

<p>You are most welcomed :)</p>

<p>Yup Crush is indeed held on campus on Fridays!</p>

<p>Someone mentioned that getting into LSE is easier than UChic..... what a load of crap.
At LSE they have an average of over 12.5 applicants per place
At UChic they have an average of 3 applicants per place
go figure</p>

<p>UK is not the best country I have ever known nor UChicago is fun... I would suggest UChicago, however, because their economics department is superb</p>

<p>London is fun and LSE is in the heart of it. Although it is bloddy expensive</p>

<p>I have attended the LSE tour and I was very much overwhelmed by the experience. I will go there if it is Uof Chicago is the other option. London is expensive but like any great city, everything is expensive. London is the best city in the world for me.</p>

<p>Have you visited the University of Chicago or the coty of Chicago? I was more impressed by the University of Chicago than by LSE and I like Chicago as much as I like London...both great cities if you ask me.</p>

<p>Chicago's campus does look a lot nicer than Lse's (which is not hard) although as far as location goes in a city LSE is better positioned in my opinion. In all fairness they are both great universities that are great in many similar fields (economics, sociology) etc... and goign to either would be a great experience.</p>

<p>The University of Chicago has 23 Nobel prize winners in Economics among its current/former faculty or alumni, making it arguably the top economics school in the world. Having said that, Chicago is normally associated with a fairly conservative line of thought in economic theory (e.g. Milton Friedman and Robert Lucas Jr.). If you are interested in a more liberal/progressive school, you should definitely go to LSE.</p>