About the MSc/MRes/PhD programme
Applicants for this programme should have a first class honours degree, or equivalent, but we will consider a good upper second class degree with exceptional strength in appropriate subject areas. The MSc Quantitative Economic History is especially designed to meet the requirements of those with a strong grounding in undergraduate economics who wish to take the first steps towards a PhD in Quantitative Economic History, and we expect students to have very good grades in intermediate macro and microeconomics and econometrics. You should have a solid quantitative background with at least a year of calculus, linear algebra and statistics and should, for instance, know how to handle maximisation of a function of several variables subject to constraint, and be able to explain what is meant by an efficient estimator.
All students who do not have an undergraduate economics degree from a UK institution must have taken the GRE General Test no more than five years before applying, and must include full and percentile test scores for all three sections with their application. Please see lse.ac.uk/admissionsEnquiries. We do not require a specific mark but the test gives us an indication of aptitude for economics. Typically we expect candidates to score at least 161/770 in the quantitative section of the test. A higher score will count in your favour, but other information, such as grades and references will matter more in the overall evaluation. We recognise that if your first language is not English, the verbal test will present special difficulties and we view your score on that basis.
The MSc degree runs over twelve months and consists of one and a half compulsory core courses in economic history and two full-unit compulsory courses in economics, plus an essay in quantitative economic history, counting as a half unit. The training provided through the delivery of these courses aims to increase students’ methodological competencies and to assist and inform their dissertation work. Students are required to attend the Introductory Course in Mathematics and Statistics before the main teaching programme starts in October. Unconditional progression to the second part of the programme, the MRes Quantitative Economic History, is contingent upon gaining a Pass overall at MSc level, with at least 50% in the essay.
The MRes Quantitative Economic History is the second stage of the programme and also runs for twelve months, building on the foundations laid with the successful completion of the MSc. Study for the MRes includes substantive economic history courses to the value of two full units, complemented by one full-unit compulsory course in economics and a full-unit 10,000 word research paper in quantitative economic history. You must also provide a research prospectus of approximately 5,000 words, which is not examined, but is subject to approval by a departmental board. To progress unconditionally to the final stage of the programme, you must achieve at least a Merit overall in the MRes, with at least 65% in the research paper.
The PhD Quantitative Economic History is the final stage of the programme and is expected to be completed in 3-4 years. You will be expected to produce a paper-based PhD thesis that is comprised of three publishable research papers. You will be assigned two supervisors who will oversee the formulation and completion of your research. During this period you will build on the formal training provided through the MRes and develop your research skills and scholarly abilities, in part by attending weekly seminars with other students taking the course. You will also gain professional experience in how to present your work at graduate workshops held regularly in the Department.
Part I: MSc Quantitative Economic History
(* half unit)
Part II: MRes Quantitative Economic History
Students will be expected to choose courses to the value of one full unit from a range of options.
Part III: PhD Quantitative Economic History
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.
Students leave the Department equipped for any profession that requires intellectual judgement, the ability to assess and analyse evidence and ideas, and good communication skills. Economic history graduates can be found in management and administration in the public and private sectors; academia; banking; journalism; economic consultancy; and library and museum services, to mention just a few.