MSc Economics

10 Months On Campus Masters Program

London School of Economics and Political Science

Program Overview

The MSc Economics at LSE offers rigorous, world-class training in core economic theory and quantitative methods, designed for students with a strong economics and mathematical background. It’s ideal for those aiming to become professional economists in government, central banking, international organisations, or top-tier private firms — or to pursue PhD study at leading institutions.

Curriculum Structure

Pre-sessional (August)
Before the academic year begins, students take an Introductory Course in Mathematics and Statistics, ensuring fluency in calculus, linear algebra, and statistical foundations essential for graduate-level economics.

Michaelmas Term (Autumn)
Students dive into Microeconomics and Econometrics, building a deep understanding of consumer theory, game theory, and statistical inference. Core modules include:

Microeconomics
Econometrics
Mathematics and Statistics Review

Lent Term (Spring)
The focus shifts to Macroeconomics and advanced econometric techniques. Students explore dynamic models, monetary policy, and time-series analysis. Key modules include:

Macroeconomics
Econometrics II
Optional units such as International Economics or Public Economics

Summer Term (Final)
Students complete a Research Paper in Economics, applying theoretical and empirical tools to a topic of their choice. This capstone project demonstrates mastery of economic analysis and prepares students for research or professional roles.

Focus Areas

Microeconomics, Macroeconomics, Econometrics, Quantitative Methods, Policy Analysis

Learning Outcomes

Graduates will master advanced economic theory, apply econometric techniques to real-world data, and critically evaluate policy interventions using formal models.

Professional Alignment (Accreditation)

The program is housed within LSE’s Department of Economics, one of the most prestigious globally. While not professionally accredited (e.g., CFA), it is widely recognised by employers and academic institutions for its rigor and relevance.

Reputation (Employability Rankings)

LSE ranks #6 globally for Economics & Econometrics (QS World University Rankings 2025) and is consistently among the top UK institutions for graduate employability in economics.

Experiential Learning (Research, Projects, Internships etc.)

Students in the MSc Economics program gain practical skills through intensive quantitative training, applied econometrics, and independent research. The program is taught by leading economists and includes access to cutting-edge software, world-class libraries, and collaborative learning environments. Students sharpen their analytical abilities through empirical assignments, policy simulations, and a final research paper that mirrors professional economic analysis.

Here’s how LSE supports hands-on learning throughout the MSc Economics experience:

Software & Tools: Students use Stata and R for econometric analysis, with training embedded in coursework and research projects
Group Projects: Collaborative problem sets and econometrics labs foster peer learning and teamwork, especially in Econometrics I & II
Research Paper: A supervised Research Paper in Economics allows students to investigate a topic using real-world data and advanced methods
Library Access: The LSE Library is one of the largest social science libraries in Europe, offering extensive economics databases, journals, and working papers
Digital Learning Hub: All students access Moodle, LSE’s virtual learning environment, for course materials, discussion forums, and interactive resources
Departmental Seminars: Weekly Economics Department Seminars expose students to current research from global academics and policy experts
Career Events & Internships: LSE Careers hosts employer panels and recruitment fairs, and students may pursue internships during summer or after graduation
Facilities: Students benefit from the Centre for Economic Performance and STICERD (Suntory and Toyota International Centres for Economics and Related Disciplines), which host workshops and research opportunities

Progression & Future Opportunities

Graduates of LSE’s MSc Economics are highly sought after by central banks, government agencies, international organisations, and top-tier consultancies. Typical roles include Economic Analyst, Policy Advisor, Quantitative Researcher, and Consultant in Economic Strategy. Many also transition into PhD programs at elite institutions.

Here’s how LSE supports your future beyond the classroom:

Career Services: LSE Careers offers tailored support including one-on-one guidance, employer networking events, and exclusive job boards for economics graduates
Graduate Outcomes: 91% of MSc Economics graduates were employed or pursuing further study within 15 months (Graduate Outcomes Survey)
Salary Figures: The median salary for LSE MSc Economics graduates is among the highest in the UK for economics master’s programs — often exceeding £45,000 within the first year
Industry Partnerships: Strong links with institutions like the Bank of England, OECD, World Bank, and McKinsey & Company provide students with exposure to real-world policy and consulting environments
Long-Term Value: The LSE Economics brand is globally recognised, offering long-term credibility for career advancement and international mobility
Alumni Network: Graduates join a powerful global network of economists, policymakers, and business leaders

Further Academic Progression:
Many MSc Economics graduates continue to PhD programs at LSE or other top universities such as Oxford, Cambridge, Harvard, and Stanford. The program’s rigorous training in theory and econometrics provides an ideal foundation for doctoral research in economics, finance, or public policy.