About the MSc programme
The Master’s in Management (MiM) is a two year programme designed for students wishing to transition into a management and leadership career, who have little or no prior work experience or background in business or management.
The programme provides a deep understanding of how markets and organisations work, and the environment in which business operates. Education is delivered in the form of a well-rounded training in both quantitative analytical and numerical skills, and qualitative critical thinking, presentation and communication skills. The programme incorporates practical employment experience in the form of a professional development programme, a business consulting project (the Master’s in Management Capstone Course) and a summer internship. This strong foundation of understanding, skills and practical experience makes our graduates highly sought after by employers.
We are the only programme in the UK to offer a dual degree with the prestigious CEMS Master’s in International Management programme, ranked 7th in the 2013 Financial Times Master’s in Management Rankings.
The two year format of the programme allows students to train in the core foundations of management in their first year, and then develop their talent in a specialist area (or areas) of interest in their second year:
Year one: general foundations of management
Year two: specialise in your own area(s) of interest with training from world-class faculty in a range of subjects across the LSE, for example marketing, HR, finance, accounting, international management (with an international exchange programme), public sector management, organisational psychology and a wide range of other areas.
We believe the second year of the programme is fundamentally important to our Master’s in Management, as the specialisation in year two gives graduates an ‘edge’ over others with a more basic general training, when applying for jobs. Having a specialist area of expertise enables graduates to integrate more easily into a company (with the company needing to provide much less training and development to bring a new employee into a specific role). The second year of the programme essentially acts as a career ‘accelerator’, enabling our graduates to enter job roles at a more advanced level than they would with a non-specialist one year programme.
If you are applying for this programme, please note the following specific requirements for your personal statement:
Write a short personal statement (up to 600 words) about why you want to do the programme. This might cover, for example, what you will bring to the cohort, and what are your particular strengths.
Also answer the following questions (your answers should be approximately 300 words each)*:
1. Explain, in your own words, the main things that managers do.
2. How will studying management theory help you to understand management practice?
3. What do you hope to gain by studying management at the LSE?
*The total length of your personal statement, including the answers to the above questions, should therefore be between 1,000 - 1,500 words.
Key features of the programme include:
two year programme enabling students from any background to transition into a management career
curriculum offers a wide range of optional elective courses from academic departments across the LSE
opportunity to specialise and customise your programme according to your own interests in year two
internationally diverse class based in the heart of London
CEMS Master’s in International Management programme and MiM Exchange term
Tailored careers support and development of professional employment experience are provided with a professional development programme, summer internship and business project.
(* half unit)
Foundations of Management I* and Foundations of Management II* will give a basic grounding in the key management disciplines which will be taught chronologically. Students will therefore be provided with an overview of the development of management disciplines and will develop an understanding of the disciplinary anchors in sociology, psychology and economics.
Managerial Economics* provides an introduction to the central issues in managerial economics. The course will analyse the foundations for applying economic thinking to management.
Organisational Behaviour* seeks to understand individual attitudes and behaviour in an organisational context. It does this by reviewing psychological theories as they apply to organisations, demonstrating the contribution of a psychological perspective to understanding human behaviour at work, and critically evaluating the empirical evidence.
Quantitative Analysis in Management* discusses analysis of variance, simple and multiple linear regression, including ideas of confounding and statistical control, the use of dummy variables, interactions and non-linear effects of explanatory variables, collinearity, diagnostics and model development.
Qualitative Analysis in Management* provides a critical understanding of qualitative management research, with an emphasis on methods and techniques which will be useful and relevant to them both as management scholars and in their future careers.
Students will be expected to choose courses to the value of one full unit from a range of options.
Global Management Practice* (compulsory for CEMS only) seeks to understand the impact of culture on management; to identify the areas in which cultural differences present a challenge in managing people across cultures; and finally to become more self-aware of our cultural conditioning.
Strategy, Organisation and Innovation* explores advanced topics in strategy, organisation and innovation. True to LSE, we will adopt an interdisciplinary social sciences point of view that embraces economics, sociology, political science and psychology.
MiM Capstone Course - Management in Action* provides tailored development of professional skills from the LSE Careers Service and employment and team working experience through a real-world consulting/business project with an external client.
Dissertation* are based on a research question which students are required to agree with the teacher responsible during Michaelmas Term in year two.
Students will be expected to choose courses to the value of three full units (CEMS: one half unit, MiM Exchange: one full 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.
The Master’s in Management programme provides a route to transition into a management career, for students with no prior work experience or background in business and management. Upon graduation, MSc Management students have taken roles in a range of sectors including consulting, finance, banking, marketing, advertising and communications, and also start-ups and family businesses.
The two year format of the programme allows students to gain both a rigorous training in the core foundations of general management in year one, and a specialisation in their specific area(s) of interest in year two. This provides our graduates with a tangible advantage when entering employment, as the combination of a broad general training in year one, plus the depth of specialist knowledge and skills in year two, accelerates them to enter job roles at a higher level (in contrast to graduates from one year programmes with only a non-specialist general management training).
The programme is designed with employers in mind, and provides rigorous training in both quantitative analytical and numerical skills, and qualitative critical thinking, presentation and communication skills, producing well-rounded managers meeting the skills requirements of top companies.
In addition to the academic curriculum, the programme also includes elements designed to give practical employment experience, and develop professional skills, through the Professional Development Programme and Business Project and summer internship. Students also benefit from a range of services provided by LSE Careers. Our students graduate from the programme as experienced and capable professionals, meeting the skills required to succeed in a highly competitive employment market.