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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. This unique programme combines master's-level economics with cutting-edge management courses, and is directed and taught by two of the world’s leading economists: Professor John Sutton and Professor Luis Garicano.

The programme is aimed at numerate, analytical and ambitious students and offers small classes, a diverse intake, and an inimitable course structure and options, to create an exceptional learning experience.

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 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
  • uses 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 organisation 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.

You can find the most up-to-date list of optional courses for MSc Economics and Management 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, some circumstances may cause the School to subsequently change, suspend or withdraw a course or programme of study, or change the fees that apply to it. 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 circumstances outside of its control. You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee places on its courses. 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.

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, with blue-chip organisations all over the world. 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 August 2016

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, please see Bologna process)

Intake/applications in 2014: 33/335

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 £24,936; overseas £25,440

Financial support: Graduate Support Scheme (see Fees and financial support). 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 11 January 2016