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Funding and financial support - Master's (MSc) programmes

A range of funding and financial support opportunities are available to Master's students in the Department of Management. On this page we provide information on some key areas of funding:

We also encourage you to visit the LSE Financial Support Office website| where you can find full details about the range of funding opportunities available to LSE Master's students.

LSE funding opportunities

Graduate Support Scheme (GSS)

A total of £2 million funding is available each year to full-time or part-time Master’s students across the LSE through the Graduate Support Scheme (GSS)

The scheme designed to supplement other sources of funding, and to help applicants who can partially but not fully meet the cost of their studies (the scheme does not provide a full funding package for students). Funding is awarded on a means-tested basis, i.e. based on an applicant’s financial situation. Awards range from £3,000 to £12,500, with an average value of around £7,000. 

Applications for funding through the GSS close in April each year, and we encourage applicants to apply as early as possible to avoid disappointment. Students can apply for GSS funding as soon as they have submitted an application for their chosen degree programme to the LSE Graduate Admissions Office.  

Visit the LSE Financial Support website| for full details, and to make an application for the GSS.

LSE scholarships

Scholarship for MSc Management of Information Systems and Digital Innovation

The Claudio Ciborra Scholarship Fund provides one award of up to £5,000 each year, available to applicants for the MSc Management of Information Systems and Digital Innovation| programme in the Department of Management.

Scholarships for UK/European Union applicants

A range of LSE scholarships are available to applicants from the UK and the rest of the European Union - click here| for details. 

External funding opportunities

A wide range of funding opportunities are available to students from across the world who plan to study on a postgraduate programme in the UK, provided by a number of organisations and charities. We recommend that you search and apply for any appropriate funding available to you, including scholarships, grant schemes, and fellowships.

The LSE’s Financial Support Office ‘Awards’ web pages provide details of external funding opportunities for students from the UK/European Union, and the rest of the world, listed A-Z by country:

The following websites also provide excellent resources to search for funding:

You can also contact the Education Ministry in your home country, or your national Embassy in London|, to find out more about funding opportunities for students of your nationality.

Bank loans and government loans

UK residents

Professional and Career Development Loans (PCLDs) are available to students who have lived in the UK for three years prior to taking out the loan (regardless of whether they are employed or not). Visit the Prospects website to find out more: http://www.prospects.ac.uk/funding_postgraduate_study_bank_loans.htm|

Non-UK residents

For non-UK students, banks in your home country are also likely to offer student loans. Contact large banks based in your local region to find out about your options.

Your government may also have a student loan scheme, for example the Federal Direct Loan Program| in the United States. Contact the Education Ministry in your home country, or your national Embassy in London|, to find out more about any government loan schemes available to you.

Make sure a loan is right for you

If you’re considering taking out a loan to fund your studies, make sure you think about this decision carefully and choose an option with repayment terms which will be affordable and reasonable for you after you graduate.

Employer sponsorship

If you’re currently working, your employer may be willing to fund your programme if you can make a business case to convince them that your education will add value to your company or organisation, and provide a tangible return on their investment.

Many organisations have funding set aside for staff training and development programmes, as they will recognise the value of developing a highly skilled workforce.

These are some suggestions of potential benefits which your programme at the LSE could provide to your employer:

  • Strengthening employee skills: sponsored employees will expand the organisation’s pool of knowledge and skills, bringing back learning from the programme to solve business problems, and improve strategy, efficiency and productivity, using cutting-edge theories and practices
  • Employee retention: by sponsoring an employee, an organisation is able to retain their talent, and increase their loyalty and motivation by investing in their professional development
  • Global perspectives and networks: students on our Master’s programmes will work alongside classmates from a variety of locations across the globe, gaining a rare and valuable insight into international business from a range of geo-political perspectives. Upon graduation, employees will return to the organisation with a global network of business contacts, and access to the LSE’s elite worldwide alumni network.

Further advice on employer sponsorship can be found on the Prospects website: http://www.prospects.ac.uk/funding_postgraduate_study_employer_sponsorship.htm|

 

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