MSc Economics and Management

Gain the best of both worlds with the unique MSc Economics and Management programme, jointly taught by LSE’s world-renowned Department of Economics and Department of Management.

Designed for students with a strong analytical and quantitative background, this degree will challenge your perspectives on the way firms and markets operate.

Develop your intellectual understanding of business strategy management, econometrics and markets in different global contexts. Real world case studies will enable you to apply your learning to practical scenarios throughout.

Master the analytical depth of economics with the practical, hands-on approach of management – a unique skill set that will set you apart, and empower you to tackle complex decisions, deal with unforeseen challenges and drive innovation in your career. The programme provides an excellent foundation for PhD study or a rewarding career in banking, finance or consulting.

LSE is ranked sixth in the world for social sciences and management, so you’ll be studying in a globally renowned learning environment.

Read more about the LSE student experience on our student blog, The Student Lens.

GRE/GMAT requirement

• GMAT or GRE is required from all applicants. Applicants who have been awarded or are currently studying the BSc in Economic History (without Economics) and BSc in Accounting and Finance will have to provide GMAT or GRE scores.

The following applicants are exempt:

• Current LSE students, and alumni, studying (or who have studied) Economics, Economic History, Management, Finance or Mathematics.

Find out more about GRE/GMAT

The MSc Economics and Management has two core multi-term courses, one finance course, one extended essay course and two elective courses.

Our mission

Welcome to the Department of Management. Our mission is to inspire superior management practices by fostering a comprehensive understanding of individuals, teams, organisations, and markets, along with the psychological, social, political, and technological contexts that influence them.

By studying with us, you'll gain access to a world-leading centre for education and research, uniquely positioned within a world-class social science institution at the heart of a truly global city.

The environment

Join a vibrant intellectual community comprising of world-renowned faculty, astute students, dedicated and responsive professional services staff, and high achieving alumni. Through pioneering research and high-level teaching, you'll receive comprehensive, intensive, and rigorous methodological training to help you become an expert in your specialist fields.

The rich and culturally diverse learning environment at LSE’s Department of Management, won't only enrich your experience through developing a broad perspective and understanding, but also unlock an invaluable network of global peers.

Create a better world

We go beyond the boundaries of a traditional business school by integrating diverse disciplines such as economics, marketing, data, and analytics. Our comprehensive approach ensures that students gain a profound and multifaceted understanding of the business world, equipping them with the skills and knowledge to excel in a dynamic global environment.

Join us in our vision to create a better world, where a profound understanding of management drives positive change in both business and society.

Discover more about our programmes and research.

Department of Management

Who's who

Professor Rocco Macchiavello

Programme Director

Department of Management

Dr Jörn Rothe

Programme Director

Department of Management

Professor Kristóf Madarász

Faculty

Department of Management

Ragvir Sabharwal

Faculty

Department of Economics

Your application will be considered on its academic merits. An offer of a place may be conditional on attending additional courses and/or passing qualifying examinations at a suitable standard, in addition to your degree. There are always more applications than places available at LSE and possession of the minimum entrance requirements doesn't guarantee admission offer. We recommend applying as early as possible.

We welcome applications from all suitably qualified prospective students. At LSE, we want to recruit students with the best academic merit, potential and motivation, irrespective of background.

We carefully consider each application and take into account all the information included on your application form, such as your:

• academic achievement (including predicted and achieved grades)
• statement of academic purpose
• two academic references
• CV
• GRE/GMAT

See further information on supporting documents and check if you're exempt from taking the GRE/GMAT.

You may need to provide evidence of your English language proficiency. See our English language requirements.

Speak to an admissions specialist

If you have any queries which are not answered on the website or would like to chat with an admissions specialist, we run one-to-one Zoom chats on a weekly basis for prospective students and offer holders:

• Book a one-to-one session (prospective students)
• Book a one-to-one session (offer holders)

Contact us

With questions related to your application or the admissions process, please check our admissions frequently asked questions page.

If you have any queries which are not answered on the website, please contact the Programme and Admissions Team at dom.msc.admissions@lse.ac.uk.

Each year we attract a diverse range of students from a wide variety of backgrounds and international locations, forming a close-knit academic community.

The programme is designed for pre-career or early-career graduates. The majority of our applicants are recent bachelor’s degree graduates. We also welcome professionals with some work experience to bring a variety of experience to the classroom.

Read more about the LSE student experience on our student blog, The Student Lens.

Applications for this programme are considered on a rolling basis. This means that applications will close once the programme is full.

There is no fixed deadline. However, if you’d like to be considered for any funding opportunities, you must submit your application (and all supporting documents) by the funding deadline. See the fees and funding section below for more details.

For this programme, all students pay the same tuition fees, regardless of their fee status.

Deposit

To secure a place on the programme offer holders will be required to pay a deposit of 10% of the tuition fee within six weeks of receiving their offer.

For this programme, all students pay the same tuition fees, regardless of their fee status.

Deposit

To secure a place on the programme offer holders will be required to pay a deposit of 10% of the tuition fee within six weeks of receiving their offer.

Given the high level of academic performance expected from students, a significant amount of independent study and preparation is required to get the most out of the programme.

All full-unit courses include an unseen examination in the Spring Term. Half-unit courses can be assessed in many ways by unseen examinations, coursework assignments, class participation or group/individual project work.

View indicative details of hours and assessment for all courses listed in the online Calendar.

Career development

The MSc Economics and Management programme will develop your intellectual and practical skills as a talented and well-rounded manager. With a strong foundation of knowledge in economic analysis and management theory, plus practical skills developed with learning from real-world case studies, you’ll graduate with a unique skill set that sets you apart.

Your practical and professional management skills will be developed and polished during the programme, including communication and presentation skills, team working, and cultural intelligence gained from close collaboration with classmates from around the world.

Graduate destinations

MSc Economics and Management graduates have taken roles across a variety of sectors, in companies around the globe.

The top 5 sectors graduates have gone onto work include:

• Consultancy
• Accounting and Auditing
• Financial and Professional Services
• FMCG, Manufacturing and Retail
• Education, Teaching and Research

Examples of organisations that graduates work in include:

• PwC
• Boston Consulting Group
• Compass Lexecon
• Deloitte
• KPMG

Median salary of our MSc in Economics and Management students 15 months after graduating:

• £39,500

Further information on graduate destinations for this programme

* This data has been collected by the Higher Education Statistics Agency (HESA) and supplied to LSE as part of the 2018/19, 2019/20, 2020/21, 2021/22, and 2022/23 Graduate Outcomes Surveys. In these exercises, graduates from universities in the UK are asked about their activities and circumstances approximately 15 months after graduating. Salary findings relate to graduates who were employed on a full-time basis and were paid in UK pounds sterling. Numbers pertaining to individuals are typically rounded to the nearest five.

Our Careers Alumni and Employer Relations (CAER) team support you in preparation for whichever path you choose to follow beyond LSE.

We work alongside you each step of the way; from researching different sectors and opportunities available, to identifying internships, jobs or further study, and then navigating the application and interview process.

You can take advantage of one-to-one careers appointments (that continue when you're a graduate), complemented by a wide range of events and engagements throughout the duration of your programme, including:

• industry-focused alumni panels
• alumni and employer networking evenings
• employer skills seminars
• business projects
• office visits
• mock assessment centres/interviews
• careers skills boot camps.

All Department of Management students have access to the services of our team in addition to the support of the central LSE Careers team, who support the wider university.