The MSc Economics and Management programme is specialist multidisciplinary degree delivered jointly by the Department of Management and the Department of Economics - one of the largest and most esteemed Economics departments in the world, renowned for its research and contributions to the development of the subject area. The programme is taught and directed by two highly eminent economists from each department, Professor John Sutton and Professor Luis Garicano.
The programme is aimed at students with a strong analytical and quantitative background, and offers an unparalleled experience to challenge your perspectives on the way firms and markets operate, and to develop lifelong skills as a talented and innovative manager and economist. Combining an exceptional level of analytical training in economics with the more applied scope of a management degree, this is a unique programme.
The curriculum aims to develop your intellectual understanding of business strategy management, econometrics, and markets in the global contexts in which they operate. This well-balanced training as a manager and economist will enable you to graduate with the ability to tackle complex decisions, deal with unknown changes in today’s rapidly changing world, and champion new ideas to drive innovation in firms and markets.
This programme will provide you with an exceptional foundation to progress either to PhD-level study or to employment opportunities in your chosen career path.
We are ranked #2 in the world for social science and management, and the programme is founded in LSE’s tradition for academic excellence. The curriculum is designed around four compulsory core courses, and you can also customise your programme according to your own interests and career goals with a choice of optional elective courses from leading academic departments across at LSE in managerial economics, accounting, finance, and other management topics.
You will complete the programme with a 6,000 word extended essay during the summer, which will enable you to specialise with in-depth knowledge in your specific area of interest.
Students are required to attend the following pre-sessional course before the beginning of the programme:
Compulsory core courses (3.0 units)
MG411 Firms and Markets (1.0 unit) will introduce microeconomic analysis within management, focusing on market competition, capabilities and internal organization and link between strategy and structure. Particular emphasis is placed during this course on both developing analytical skills and on showing how these analytical skills can be deployed in practical strategic settings.
EC486 Econometric Methods (1.0 unit) focuses on empirical research in economics and gives students the opportunity to work with Stata and other econometric software in analysing actual data sets, reproducing and criticising results in previous work and learning the actual practice of econometrics as undertaken by the best applied economists.
FM431M Corporate Finance A (0.5 unit) investigates corporate finance topics including capital budgeting techniques, the driving forces behind capital structure, debt and equity finance decisions, and the implications of those choices.
MG417 Extended Essay (0.5 unit) comprising of 6,000 words and based on one of the two option courses taken
Optional elective courses (1.0 unit)
You will customise your programme according to your own interests with optional elective courses from the list below, to the total value of 1.0 unit.
Managerial economics and strategy
Students may also take a graduate-level course which is not on this list, subject to approval from the Programme Director. Please refer to the full list of all graduate level courses.
E&M student profiles
Each year we attract a diverse range of students from a wide variety of backgrounds and international locations, forming a close-knit academic community.
The programme is designed for pre-career or early-career graduates, and the majority of our applicants will have just completed their undergraduate bachelor’s degree. However we also welcome professionals with some work experience to bring a variety of experience to the classroom.
The student experience
Current class profile (2015-16)
Career development with the MSc Economics & Management
The E&M programme will develop your intellectual and practical skills as a talented and well-rounded manager, with the ability to thrive and innovate with challenges in today’s complex and fast-moving technological world. With a strong foundation of knowledge in economic analysis and management theory, plus practical skills developed with learning from real world case studies. Your practical and professional management skills will be developed and polished during the programme, including communication and presentation skills, team working, and cultural intelligence gained from close collaboration with classmates from around the world. You will graduate with a unique and well-rounded portfolio of practical and intellectual skills to set you apart in the job market.
LSE Careers will provide tailored individual support with your professional development and job search throughout the programme. They offer one-to-one Career Consultant sessions, access to employers with career fairs, seminars and workshops, a vast database of employment opportunities via the LSE Career Hub, and help with job hunting, CVs/resumes and interviews.
E&M graduates have taken roles across a variety of sectors, in companies around the globe. Common career paths are consulting and finance, with graduates taking up roles with employers such as McKinsey, Deloitte, BCG, HSBC, Citi Group and Merrill Lynch. However opportunities are extremely broad, and E&M graduates have also gone on to excel in careers in a wide range of organisations, from Google to the World Bank.
Here are some examples of the companies and organisations which our alumni now work for:
Your application will be considered on its academic merits. An offer of a place may be conditional on attending additional courses and/or passing qualifying examinations at a suitable standard, in addition to your degree. You should note that there are always many more applications than places available at LSE and possession of the minimum entrance requirements does not guarantee that you will be offered admission. It is therefore in your interests to apply as early as possible.
How to apply
Applications for entry in September 2017 will open in October 2016.
Fees and financial support
Programme tuition fee: UK/EU £25,944 (provisional EU); overseas £26,448
The LSE provides a range of financial support options for UK and international graduate students.