The Department of Economics at LSE is amongst the most successful and best known economics departments in the world. This is reflected in its excellent standing in the 2008 UK Research Assessment Exercise results which recognise it as the top economics faculty in the country. 60 per cent of the department's research has been classified as world leading with a further 35 per cent being deemed internationally excellent. In worldwide rankings of departments, based on publications in leading journals and peer review, the department is consistently placed in the top 20, ahead of any other department in Europe.
It is one of the world's largest academic economics departments and covers all the main areas of economics research including development, monetary and financial economics, econometrics and industrial organisation. Former students are employed as economists in a wide range of academic institutions, national and international organisations, in government, business and finance. There is a cosmopolitan feel to the Department; well over half the faculty were born or educated outside the UK, and nearly three-quarters of students come from overseas.
The MRes/PhD programme is grounded in a rigorous 2-year coursework component with a strong research element, followed by a thesis which normally takes a further three years to complete. The Department offers an environment with an excellent research infrastructure and ample opportunities for informal interaction, in which students are integrated into research groups in their area of interest.
With the generous support of donors and the ESRC, the Department is able to offer a number of scholarships for the programme. Where an award covers full tuition and living costs, recipients are required to carry out a modest amount of teaching within the Department.
SC Tsiang Scholarship
This scholarship has a value of £3000 and is awarded on grounds of academic merit for one year in the first instance to a student who has completed at least one year of their PhD and who is writing a dissertation in the field of Monetary Economics. Subject to satisfactory progress, the scholarship is normally renewed for a second and final year.