MSc Finance 

at London School of Economics, London

LSE is home to one of the top economics departments in the world, with expertise across the full spectrum of mainstream economics. The MSc Economics programme at LSE is highly regarded for individuals pursuing advanced academic studies or seeking prestigious careers in economics-related areas. Its challenging curriculum, respected faculty, and extensive alumni network enhance its worth as an educational investment. The programme has a strong mathematical focus. Graduates from the MSc Economics programme have secured positions in prestigious organizations such as Goldman Sachs, JP Morgan, the IMF, and the World Bank. Approximately one third of students proceed to PhD programmes at LSE or other leading universities. The college has nine Nobel Prize winners among our current and former staff and students. 

Work experience is not a strict requirement for an MSc in Economics at the London School of Economics and Political Science. The admissions committee primarily focuses on academic qualifications, including your undergraduate degree, grades, and standardized test scores like the GRE. So having work experience can be beneficial but it is not a prerequisite.

Yes, it’s a good choice to study MSc Economics in the UK at LSE because of its level of teaching and placements. International students need to take GRE/ GMAT exam to get into the programme successfully. The London School of Economics average package for an MSc in Economics is INR 42.3 L. The top 5 sectors where LSE MSc Economics graduates work in:

• Financial and Professional Services
• Education, Teaching, and Research
• Consultancy
• International Organisations
• Accounting and Auditing

Applications for MSc Economics at London School of Economics and Political Science is accepted on a rolling basis. This means that applications will close once the programme is full. There is no fixed deadline. However, if students want be considered for any financial funding opprtunities they need to submit their application and all supporting documents by the funding deadline. 

The LSE MSc Economics placements for 2020 were good as 58% of graduates get full-time employment. The average salary recorded is GBP 44,169 and the median salary is GBP 43,000. The popular employers that hire MSc graduates are Goldman Sachs, EY, Deloitte, Compass Lexecon, etc. Check below the job roles in which ISE MSc graduates work:

• Analyst
• Analyst Consultant
• Associate Consultant
• Consultant
• Data and Quality Analyst
• Economic

For admission at LSE, a minimum GPA of 3.5 on a scale of 4 or 65%-75%, or higher in a UG degree from a recognized university is needed. 
This is not it; students are also required to submit certain academic and personal documents, such as transcripts, SOP, valid scores in the SAT or ACT, among others. 

LSE is among the Study business school in the world known for its tremendous placement records. According to the London School of Economics placements 2020, 93.1% of university graduates get employment within 15 months after graduation. Students can check the LSE placements highlights for 2020 below:

Read the article Study in the UK for more detail about eligibility, scholarships, etc.

Both LSE and Cambridge are prestigious universities, but admission difficulty depends on various factors. Meanwhile, LSE has a lower acceptance rate at 9%. Suggesting high competition, it’s important to note that the acceptance rate alone doesn’t capture the whole picture, and applicants must meet all the requirements. Coming to Cambridge University acceptance rate is 20%, and the applicant pool can make it difficult to get into the university. However the nature of programs, specific requirements, and the applicant pool can influence difficulty. Factors such as LORs, SOP, and interviews also play very crucial roles. Overall, both institutions are competitive, and applicants should focus on meeting each university specific criteria rather than just relying on the acceptance rate. 

Oxford and LSE are well known for their campus culture and academic programs. Below table compares rankings, fees and acceptance rate of Oxford and LSE. This information could be useful for students who are considering them.

Here is the comparison highlighting the differences between the Universities:

(The comparison of fees was between the BTech course for UG and the MBA course for PG)

The London School of Economics does not mandate work experience for most of the master's programs. However, students must consider submitting them as it is highly valued. Students who are going to take admission to programs like Management, Finance, or Public Policy are advised to submit their scores, as it can enhance their chances of selection. In addition, along with academic excellence, factors like relevant internships, research projects, or any prior professional roles can improve the admission chances.