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MSc Economics and Management

About the MSc programme

The MSc Economics and Management programme is a 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 our world-leading faculty Professor John Sutton and Professor Luis Garicano – two of the most eminent economists in their fields.

The programme is aimed at students with a strong analytical and quantitative background, and provides a key combination of an applied focus on economics at master's level with analytical courses in the field of management.

The core curriculum focuses on an understanding of firms’ market strategies, exploring the management of firms, and the economic climate of the markets in which they operate. Students will also gain an in-depth understanding of econometric methods and their applications, covering new developments in the use of econometrics methods within organisations and industry.

This programme will provide you with an exceptional foundation to progress either to PhD-level study or to employment opportunities in industry, finance or consulting.

Programme details

Key features of the programme include:

  • taught by some of the world's leading economists in their respective fields
  • combines the exceptional analytical training of the LSE’s MSc Economics degree with the more applied scope and coverage characteristic of master's degrees in the field of management 
  • built around a central core course entitled Firms and Markets which uses graduate level microeconomics with a focus on understanding firms’ market strategies, and a two part applied econometrics course
  • use case studies to apply theory to real-life situations

Compulsory courses

(* half unit)

  • Firms and Markets 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.
  • Econometric Methods 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.
  • Corporate Finance A* 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.
  • Extended Essay* comprising 6000 words and based on one of the two option courses taken.

Students will be expected to choose courses to the value of one unit from a range of options.

Please read the following important information before referring to full details of course options found in the Programme Regulations.

The programme regulations available are for the current academic session and may be subject to change before the beginning of the next academic year. For more information about course availability in the next academic session, please contact the relevant academic department. The School reserves the right at all times to withdraw, suspend or alter particular courses and syllabuses, and to alter the level of fees. Courses are on occasion capped (limited to a maximum number of students) or subject to entry conditions requiring the approval of the course convenor. The School cannot guarantee that places on specific courses will be available.

Graduate destinations

The MSc Economics and Management provides a route for acceleration into high-level positions, for example in top consulting or investment banking firms, or careers in academia. The programme is designed with potential employers in mind, and gives excellent preparation for employment opportunities in business, consulting or finance. Previous students have secured positions at top employers such as Accenture, Bain & Company, the Boston Consulting Group, Citi, Deloitte, Google, KPMG, L.E.K., McKinsey & Company, Monitor Group, PwC, Roland Berger and the World Bank. A number of students have also directly entered PhD programmes upon completion of the degree.


Application code: N2U5 (check availability)

Start date: Introductory Course in Mathematics and Statistics begins early September 2015

Duration: 10 months full time only (10 month master's programmes are not compliant with the Bologna process which may affect the extent to which they are 'recognised'. For more information on Bologna please see - Bologna process)

Intake/applications in 2013: 36/346

Minimum entry requirement: First class bachelor's degree or equivalent in Economics (see entry requirements)

English requirement: Standard (see English requirements)

GRE/GMAT requirement: Graduates of non-UK institutions are required to submit a GRE or GMAT score. GRE is preferred

Fee level: UK/EU £23,976; overseas £24,456

Financial support: Graduate Support Scheme (see Fees and financial support) see Department of Management. The MSc Economics and Management is accredited for ESRC funding as part of a four year award (see ESRC

Application deadline: None - rolling admissions. For consideration for ESRC funding 12 January 2015