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MSc Management and Strategy

About the MSc programme

The MSc in Management and Strategy is a one-year programme which provides a rigorous analytical approach to management, focusing on developing critical thinking and in-depth understanding in relation to managerial economics and its relevance in organisations and strategy.

The programme combines the analytical approach and rigour of an economics degree with real-world, contemporary case studies used in MBAs. Although in many ways it is less applied and more theoretical than an MBA and the programme's analytical approach is constantly looking for ways to understand and apply theory via examples from the real world.

The programme is aimed at students who have some quantitative background (eg, a first degree in engineering, science, or a social science, with some quantitative training in elementary calculus and basic statistics). The programme will also appeal to students with a degree in an economic or management-related subject who are looking for a more rigorous approach to management.

Programme details

Key features of the programme:

  • This one-year programme provides an academically rigorous and multidisciplinary approach to management and strategy, with a focus on managerial economics.
  • The compulsory courses cover incentives and governance in organisations, design and management of organisations, and analysis of strategy.
  • A wide range of optional elective courses is available from departments across LSE, enabling students to customise their programme according to their own interests, and benefit from a truly interdisciplinary learning experience.

Compulsory courses

(* two half units)

  • Incentives and Governance in Organisations* explains how information and incentives influence decisions in organisations, and, on this basis, draws conclusions about the way companies should be organised and governed.
  • Design and Management of Organisations* investigates organisation and management decision-making on the basis of general heuristics and biases exhibited by individuals and groups. This is used to analyse how organisations can manage individual and group decision making, and how this gives rise to informal structures in organisations, such as corporate culture.
  • The Analysis of Strategy (A)* introduces the abstract study of strategy on the basis of game theory and business economics, and applies these concepts to questions of business strategy, including questions of vertical integration, value creation and a firm’s resources and capabilities.
  • The Analysis of Strategy (B)* develops a framework, on the basis of game theory and economics, to think systematically about the various dimensions of how firms compete in industries. This includes questions of market definition, pricing, advertising and research and development.
  • Dissertation: MSc Management and Strategy* gives students the opportunity to work on a project of their choice and apply the concepts from the programme in addressing a research question and the analysis of empirical evidence.

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

You can find the most up-to-date list of optional courses for MSc Management and Strategy 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 Management and Strategy will provide you with a route to transition into a new area in your career.

As a conversion programme for students with no (or limited) background in managerial economics, we will provide you with an excellent foundation in general management and strategy with an economics focus, enabling you to enter a variety of careers including banking, consulting, multinational companies and the public sector.

Previous graduates of this programme have had extremely successful careers and have found their time at LSE to be an invaluable basis for this.


Application code: N1UG (check availability)

Start date: 22 September 2016

Duration: 12 months full-time only

Intake/applications in 2014: 54/571

Minimum entry requirement: 2:1 or equivalent, in social science, engineering or science discipline (see entry requirements)

English requirement: Standard (see English requirements)

GRE/GMAT requirement: Applicants must submit a GRE or GMAT, unless they are current or former LSE undergraduate students on a three-year LSE programme AND they are studying economics, management or mathematics.

Fee level: UK/EU £24,936; overseas £25,440

Financial support: Graduate Support Scheme (see Fees and financial support)

Application deadline: None – rolling admissions

Kartik Jhanji