Scholarship Overview

London School of Economics and Political Science offers the Margaret Basu Scholarship. This one time scholarship offered by the International Students Office of London School of Economics and Political Science awards scholarships to degree-seeking students who have specified financial needs. Note that a large portion of the scholarship funds come from International student tuition. Margaret Basu Scholarship is applicable for Masters Degree. The award is applicable for the courses like MSc in Statistics (Financial Statistics),MSc In Statistics,MSc Quantitative Methods for Risk Management,MSc Economics (Two Year Programme),MSc Economics,MSc Econometrics and Mathematical Economics,MSc Finance and Private Equity,MSc Risk and Finance,MSc Finance and Economics etc as given below. If we consider the amount of the Margaret Basu Scholarship, then it varies each semester. The applicants should review the scholarship application in order to fully understand the availability and amount for that particular semester. To qualify for the award, candidates must have completed the Bachelor degree and passed the 12th grade. Foreign students wishing to apply for this scholarship must take English proficiency exams such as TOEFL, IELTS and PTE. Students must submit the following documentation to be considered for the scholarship: LOR, CV, Financial Documents, Extra Curricular Activities and Official Transcripts.

Applicable course, university and country

This scholarship is applicable for Masters Degree,

This scholarship is applicable for the following courses in London School of Economics and Political Science in UK

• MSc Quantitative Methods for Risk Management
  MSc Management and Strategy
• MSc In Statistics
  MSc City design and Social Science
• MSc Economics
  MSc Culture and Society
• MSc Econometrics and Mathematical Economics
  MSc in Statistics (Financial Statistics)
• MSc Economics and Management
  MSc Finance
• MSc Economics (Two Year Programme)
  MSc Economy, Risk and Society
• MSc Finance and Economics
  MSc Economics and Philosophy
• Master's in Management
  MSc Human Rights
• MSc International Migration and Public Policy
  MSc Management of Information Systems and Digital Innovation
• MSc Philosophy and Public Policy
  MSc Finance and Economics (Research)
• MSc Risk and Finance
  MSc Philosophy of Science
• MSc Philosophy of the Social Sciences
  MSc Sociology
• MSc Finance and Private Equity
  MSc Political Sociology

• The scholarship is applicable to all the graduate programmes offered at LSE

Scholarship amount details

Max scholarship per student: Pound 4,000 => Rs 4,93,310

Conversion rate used: 1 Pound = Rs. 125.24 (last updated 19th April 2026)

Scholarship amount will be given: One Time

Scholarship amount can be used for

Type of Expense	Indicates if scholarship can be used for this type of expense
Tuition & Fees	✔Scholarship amount can be used for this
Living Expense	×Not covered in scholarship
Accommodation	×Not covered in scholarship
Air Fare/Travel Expenses	×Not covered in scholarship
Spouse/Child Care	×Not covered in scholarship
Health Cover	×Not covered in scholarship
Application	×Not covered in scholarship
Others	×Not covered in scholarship

Student Awards

Number of students to be awarded: 1

Scholarship Eligibility

Special Restrictions

• No Special Restriction applicable

Exams Details

Exam name	Indicates if exam is required and cutoff (if any)
TOEFL	Required (minimum score 100)
IELTS	Required (minimum score 7)
PTE	Required (minimum score 69)
12	Required
UG	Required (minimum score 60%)
Work Experience	Required

Eligibility

Applicants:

• must be residing in India at the time of application
• must be enrolling for the graduate coursework programme at the LSE

Application Process for this scholarship

Application Documents

Type of documents	Indicates if this type of document is required to be submitted
LOR	Required
CV	Required
Financial/Tax Documents	Required
Official transcripts	Required
Extra curricular activities	Required

• Two academic references required 
• Additional information regarding unrelated extra-curricular activities, personal achievements or work experience should be included in CV
• Summary of secured funding
• Transcripts/mark sheets and proof of existing qualifications

Additional documents:

• Personal statement (mandatory)-
• should be typed and no longer than two sides of an A4 paper
• There is no fixed word limit, but it is expected that it should be no longer than 1,000 - 1,500 words
• A personal statement should include:
  
  • Explain your motivation for undertaking the programmes
  • Describe your academic interests, strengths and background relevant to the programmes
  • Outline your ambitions and/or research interests
  • Include other relevant information, such as additional reading or research, work or other relevant experiences that have informed your decision to apply for the particular programmes
  • Highlight areas of specific interest within the programmes you have applied for at LSE

Application Process:

• How to complete the LSE Graduate Financial Support Application, visit-
  • http://www.lse.ac.uk/intranet/students/moneyMatters/financialSupport/ScholarshipsLSE/MScApp/GSS/OnlineGuidance.aspx
• Submit your application and supporting documents online. If you are unable to upload your documents you may send them via post to:
  Graduate Admissions Office
  The London School of Economics and Political Science
  PO Box 13420
  Houghton Street
  London WC2A 2AE

Important Dates

	Date	Additional Details
Application final end date	Not Available	Application deadline has been passed for the current academic year

Please note that these dates could be in local country times and may not be IST (Indian standard time).

FAQ Link	http://www.lse.ac.uk/intranet/students/moneyMatters/financialSupport/ScholarshipsLSE/MScApp/GSS/Frequentlyaskedquestions.aspx
Contact email	financial-support@lse.ac.uk
Phone number	44 (0)20 7955 6609