For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.

The programme comprises ten months of full-time study. You take three compulsory courses and a fourth elective course. You are also required to attend an introductory course.

Please note ten-month full time master's programmes are not compliant with the Bologna process, which may affect the extent to which they are recognised. For more information, see Bologna process).

Advanced Microeconomics
Focuses on the emphasis to mathematical methods following a proof-based approach, and provides a firm grounding in classical microeconomic theory as well as a variety of recent developments from behavioural economics and other fields.

Advanced Macroeconomics
Provides a thorough grounding in macroeconomics. This will include assessing the business cycle and the main techniques used to analyse modern macroeconomics models.

Econometric Analysis
Covers advanced treatment of the theory of estimation and inference for econometric models.

Courses to the value of one unit from a range of options

You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar.

You must note however that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.

You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated graduate course and programme information page.

Contact hours and independent study

The MSc Econometrics and Mathematical Economics programme consists of formal teaching in lectures, seminars, formative coursework, marked assignments and computer assignments covering basic programming skills. Hours vary according to courses and you can view indicative details in the Calendar within the Teaching section of each course guide.

Additionally, each week, students are assigned problem sets which focus on key elements of the lectures and promote creativity and critical thinking by going beyond the material explicitly discussed in the lectures. The problem sets will be discussed in class by the class teachers.

Given the high level of academic performance expected from students, a significant amount of independent study and preparation is required to get the most out of the programme. You will manage the majority of your study time yourself, by engaging in activities such as reading, note-taking, thinking and research.

Teaching methods

LSE is internationally recognised for its teaching and research and therefore employs a rich variety of teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such as lecturers, senior lecturers, readers, associate professors and professors. Many departments now also employ guest teachers and visiting members of staff, graduate teaching assistants, and LSE teaching fellows, most of whom are doctoral research students. You can view indicative details for the teacher responsible for each course in the relevant course guide.

Assessment

All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others.

Summative assessment may be conducted during the course and/or by final examination at the end of the course. You have the advantage of being assessed both after the end of the first term (Lent Term Week 0 January exams) and after the end of the second term (Summer Term main exam period).

An indication of the formative coursework and summative assessment for each course can be found in the relevant course guide.

Academic support

There are many opportunities to extend your learning outside the classroom and complement your academic studies at LSE. LSE LIFE is the School’s centre for academic, personal and professional development. Some of the services on offer include: guidance and hands-on practice of the key skills you will need to do well at LSE: effective reading, academic writing and critical thinking; workshops related to how to adapt to new or difficult situations, including development of skills for leadership, study/work/life balance and preparing for the world of work; and advice and practice on working in study groups and on cross-cultural communication and teamwork.

LSE is committed to enabling all students to achieve their full potential and the School’s Disability and Wellbeing Service provides a free, confidential service to all LSE students and is a first point of contact for all disabled students.

D Acemoglu Introduction to Modern Economic Growth (Princeton University Press, 2009)

D Fudenberg and J Tirole Game Theory (MIT Press, 2000)

D M Kreps Microeconomic Foundations I: choice and competitive markets (Princeton University Press, 2013) 

L Ljungqvist and S J Sargent Recursive Macroeconomic Theory (MIT Press, 2012)

A Mas-Colell, M D Whinston and J R Green Microeconomic Theory (Oxford University Press, 1995)

D Romer Advanced Macroeconomics (McGraw-Hill/Irwin, 2011)

A Rubinstein Lecture Notes in Economic Theory (Princeton University Press, 2012)

N L Stokey and R E Lucas Jr Recursive Methods in Economic Dynamics (President and Fellows of Harvard College, 1989)

Our former students are employed as economists in a wide range of national and international organisations in government, international institutions, business and finance. In recent years, our graduates have gained employment in organisations such as Goldman Sachs, JP Morgan, Bank of America, Credit Suisse, NERA Economic Consulting, PwC, Deloitte, Compass Lexecon, McKinsey, IMF, World Bank, European Bank for Reconstruction and Development, Bundesbank, Bank of England, and HM Treasury.

Approximately one third of students proceed to PHD programmes at LSE or other leading universities such as MIT, Princeton, Stanford, UC Berkeley, NYU, Northwestern, UPenn, Columbia, Yale, MIT Sloan, Stanford GSB, Wharton, Kellogg, Berkeley Haas, UCLA, Michigan, Duke, Caltech, Wisconsin-Madison and Cornell.

Further information on graduate destinations for this programme

Support for your career

Many leading organisations give careers presentations at the School during the year, and LSE Careers has a wide range of resources available to assist students in their job search. Find out more about the support available to students through LSE Careers.

We welcome applications from all suitably qualified prospective students and want to recruit students with the very best academic merit, potential and motivation, irrespective of their background.

We carefully consider each application on an individual basis, taking into account all the information presented on your application form, including your:

- academic achievement (including predicted and achieved grades)
- personal statement
- two academic references
- CV
- GRE/GMAT

See further information on supporting documents

You may also have to provide evidence of your English proficiency, although you do not need to provide this at the time of your application to LSE. See our English language requirements.

When to apply

Applications for this programme are considered on a rolling basis, meaning the programme will close once it becomes full. There is no fixed deadline by which you need to apply, however to be considered for any LSE funding opportunity, you must have submitted your application and all supporting documents by the funding deadline. See the fees and funding section for more details. 

Minimum entry requirements for MSc Econometrics and Mathematical Economics

First class honours degree or equivalent with strong technical background in engineering, physical science, econometrics, statistics, mathematics and/or economics.

Competition for places at the School is high. This means that even if you meet our minimum entry requirement, this does not guarantee you an offer of admission.

GRE/GMAT requirement

GRE is required for applicants without a UK undergraduate degree. GRE scores must be no more than five years old on 1 October 2018.  You must include full and percentile test scores for all three sections with your application. Typically we expect you to score over 163/780 in the quantitative section of the test. A higher score will count in your favour, but other information, such as examination results and references will also matter in the overall evaluation. We recognise that if your first language is not English, the verbal test will be more demanding and we view your score on that basis.

More about GRE/GMAT

Every graduate student is charged a fee for their programme.

The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover living costs or travel or fieldwork.

Tuition fees 2018/19 for MSc Econometrics and Mathematical Economics

UK/EU students: £26,976
Overseas students: £27,504

Fee status

The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home (UK/EU) or overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.

Further information

Fees and funding opportunities

Fee reduction

Students who completed undergraduate study at LSE and are beginning taught graduate study at the School are eligible for a fee reduction of around 10 per cent of the fee.

Please refer to the Fees Office website for further information.

Scholarships and other funding

The School recognises that the cost of living in London may be higher than in your home town or country, and we provide over £11.5 million in scholarships each year to graduate students from the UK, EU and overseas.

This programme is eligible for needs-based awards from LSE, including the Graduate Support Scheme, Master's Awards, and Anniversary Scholarships. 

Selection for any funding opportunity is based on receipt of an application for a place – including all ancillary documents, before the funding deadline. 

Funding deadline for needs-based awards from LSE: 26 April 2018.

In addition to our needs-based awards, LSE also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas. 

Check the latest information about scholarship opportunities

Government tuition fee loans and external funding

A postgraduate loan is available from the UK government for eligible students studying for a first master’s programme, to help with fees and living costs. Some other governments and organisations also offer tuition fee loan schemes.

Find out more about tuition fee loans
Find out more about external funding opportunities