I always intended to study economics. The economic framework for assessing problems resonated with me when I began learning it in sixth form. Before starting university, I had the opportunity to take a gap year traineeship. I thought a year of work experience would be beneficial, almost like a "year in industry" (common at other universities), but in this case before I started my degree. I had developed a hobby in investing and a passion for sustainability through Geography A-level, so the opportunity to work in the sustainability team at an asset management company was one I could not refuse.

This year-long experience opened my eyes to the world of data. Within the team, about a third of the staff were focused on data and sustainability models. Combined with the fact that we sat next to the data science team in the office, I became increasingly aware of the modern-day uses of data and, more importantly, the incredible insights you can glean from it.

When I came to applying for university, I discovered that Imperial were offering a degree that would allow me to combine my passion for economics with formal training in data science and my interest in finance.

Outside of studying, I play a lot of field hockey and really enjoy surfing, skiing and travelling.

But also, and more importantly, this is a one-of-a-kind degree. It combines economics, finance and data science in a way that reflects how these fields intersect in the real world, giving you an upper hand when you enter the job market.

The opportunity to gain quantitative skills alongside a deep understanding of economic principles and financial systems was something that really intrigued me, especially given the current rise of AI. I’ve always been drawn to problem-solving and analytical challenges, and this programme is a perfect way to help me figure out where I want to go with my career.

How did you find the interview for BSc Economics, Finance and Data Science at Imperial?

Ishir: Interviews can be nerve-wracking, but my interviewer was extremely nice and made me feel very comfortable. And whilst it is tricky to produce answers on the spot, it’s important to remember that nobody is expecting you to have all the answers, nor is it expected that you will have all the requisite technical knowledge. In my experience, the focus is to find out if you have the right attributes needed to learn the technical skills required to succeed on the programme.

Priyal: The interview was a challenging yet rewarding experience. It gave me a strong sense of what the programme would demand in terms of problem-solving and analytical thinking, and it wasn’t just about showing off my academic knowledge. The interview process felt more like an academic conversation, which was actually very intriguing.

Max: The professor made it more of a conversation, starting with getting to know me and my motivations before moving on to focus on a problem-solving question that centred around a particular theme. As I worked through the question, the academics did encourage me to really think about my assumptions and logic.

It’s not often you get to discuss an applied academic question one-on-one with an expert in their field. I’d say that overall, it was an enjoyable experience.

What did you do to prepare for this interview?

Priyal: I began by reviewing my personal statement and thinking critically about the experiences and motivations I have mentioned, ensuring that I was ready to elaborate on any aspect if asked. I also researched the programme in depth, familiarising myself with the modules, structure and learning outcomes to make sure that I could articulate how the programme aligns with my career goals.

Ishir: To add on to this, I made sure that I was familiar with the countless opportunities available at the Business School. That way, I was able to demonstrate how I might be a good fit and how the resources available can benefit me.

Max: I split my preparation into three main categories. I started with on-the-spot problem solving and practiced answering unfamiliar questions under time pressure. You can do this through online brainteasers or variations of economics problems.

Next, I ensured that I had a firm understanding of common statistical and economics concepts, such as opportunity cost and demand and supply. The important thing is understanding how to apply these concepts to new situations and being able to explain them clearly. Applying these to current news and economic interview questions that can be found online is a great way to practice this.

It’s also important to show your thought process when answering a question. So, during my preparation, I practiced explaining out loud the steps I was taking to solve each problem.

Priyal: Mock interviews also played a crucial role in my preparation: practicing with friends and family helped me build confidence in explaining my thought process. There is also an unlimited bank of questions and resources online to help you prepare for analytical and problem-solving questions.

What are your tips for managing nerves before the interview?

Max: I was once told by a psychologist who worked with Formula One drivers that there is no way to hide from nerves. You cannot trick your mind into believing that an important situation is not important. He said the best way to deal with nerves is to reach a state in which you have full confidence that you have prepared to the best of your ability. This advice has stuck with me for a long time.

Ishir: Obviously, everybody handles their nerves differently. For me, I tried to frame the situation as a win-win. If I did well in the interview and got accepted, then that would be fantastic. But if I performed poorly, then it was still a useful exercise and would help with future interviews.

Max: Similarly, I wrote down a list of steps I needed to take to have confidence I was prepared to the best of my ability. One of the most important things on my list was to do a practice interview. I made this as realistic as possible, completing it online and treating it seriously.

Priyal: For me, confidence during my interview came through preparation and lots and lots of practice. But even with all of my preparation, I still experienced nerves. I kept reminding myself that this was also an opportunity to evaluate if the programme was the right fit for me and my goals. Changing my perspective helped to reduce the pressure.

Max: Personally, when I am in these situations, I like to focus on my breathing: I breathe in for seven seconds and then out for 11. Doing this for a few minutes before you start is surprisingly effective.

Priyal: Asking for a question to be repeated is a great way of making sure that you are answering what is being asked, and having a bottle of water nearby is a simple yet effective way of calming your nerves and gathering your thoughts.

In what other ways can someone prepare for the interview?

Priyal: As my interview was an online one, it was important for me to test my technology in advance of the interview. Ensuring that your internet connection is stable and your camera and microphone are working will help reduce any unnecessary stress before the interview. And having a clean, quiet space and good lighting will help to set a professional tone.

Max: I’d add that it’s always good to do more reading around topics related to what is being covered on the programme. In the few weeks before the interview, you could write down some conclusions you take away from each article you read. I found that doing this really increases your ability to recall what you have just read and forces you to read more actively.

One of my favourite resources was the Freakonomics podcast. Many of the older podcasts are about economics and data. I also used to read The Economist weekly, which has great articles and data visualisations.

Ishir: The most important thing is to have a clear mind. If you are calm and composed, you will be able to work out the answer to the questions being asked.

Priyal: Personal presentation also matters. Dressing formally, even for an online interview, helps make a positive impression and will boost your confidence too!

And one final tip I would give is to try and connect with current first-year students through LinkedIn, as they will be able to offer insights into the programme and advice on how to prepare for the interview.

What advice would you give to those who are currently preparing for an interview to study BSc Economics, Finance and Data Science?

Priyal: Don’t overthink it! The interview is as much about your thought process as it is about your knowledge. You don’t need to know all of the answers, simply showing your approach to problems and why you are passionate about the programme is an excellent way of showcasing your skills.

Ishir: The most important thing is to be yourself. If you get a question which is tricky or unfamiliar, remember that you are not expected to know all the answers. Stay calm and answer authentically and the best you can. Good luck!

Priyal: Embrace the experience as a learning opportunity. Regardless of the outcome, it’s a chance to reflect on your goals and strengths. Keep a positive mindset and remember that preparation and self-confidence are your best tools for success.

Max: What I think ended up being my biggest success was what I had done to prepare for the interview. I’d advise using that time to test and develop your current knowledge in depth. And have confidence in yourself that you have made it to the interview stage!