Thinking about applying to MSc Economics at the London School of Economics and Political Science? You’re not alone. This prestigious master’s programme is one of the most competitive economics degrees in the world, with applicants from top universities across the UK and beyond.
LSE’s MSc Economics is designed for students who want to pursue advanced economic research or go on to PhD-level study. It’s rigorous, quantitative, and academically demanding, and that’s exactly why it carries such weight. If you’re aiming to study Economics at one of the world’s most influential graduate programmes, you’ll need more than just good grades.
That’s why The Profs’ expert Postgraduate Tutors are here to strengthen your MSc Economics application and boost your career prospects. In fact, 89% of our postgraduate applicants receive an offer from their first-choice university.* In this guide, we’ll break down exactly how to get into LSE MSc Economics in 2025, including the application process, programme requirements, entry standards, and our expert tips on crafting a standout application.
*Source: Respondents to the Profs Client Feedback Survey 2025
Contents
- Why Study MSc Economics at LSE?
- What Are the Entry Requirements for the Programme?
- Top 5 Tips on How to Get Into LSE MSc Economics
- Tip 1: Understand the Course and Its Purpose
- Tip 2: Demonstrate Strong Quantitative Skills
- Tip 3: Emphasise Your Research Experience
- Tip 4: Showcase Knowledge of the Department and Faculty
- Tip 5: Highlight Academic Achievements (Not Work Experience)
- Boost Your Application with The Profs Tutors
- FAQ & Information about How to Get Into LSE MSc Economics
Why Study MSc Economics at LSE?
LSE is consistently ranked among the top institutions in the world for economics, competing with Oxford, Cambridge, Harvard, and MIT.
But what makes the MSc Economics at LSE so prestigious?
1. Academic Reputation
- LSE has a long tradition of producing world-class economists, from Nobel Prize winners to leading policymakers.
- As a student, you’ll join an institution with a rich academic history and unparalleled intellectual resources.
2. Rigorous and Quantitative Focus
- Unlike many master’s programmes that mix theory with professional training, LSE’s MSc Economics is purely academic.
- You’ll gain advanced technical knowledge in microeconomics, macroeconomics, and econometrics, and be trained to handle complex models and data – the kind of skills needed for research and policy at the highest level.
3. Research Pathways
- Around one third of graduates progress straight into PhD programmes at LSE or other elite universities such as MIT, Princeton, Stanford, Chicago, Yale, and Columbia.
- This track record confirms LSE as one of the strongest springboards for an academic career in Economics.
4. Global Prestige and Career Impact
For those entering the workforce, the MSc Economics also opens doors across sectors.
Recent graduates have joined organisations such as Goldman Sachs, J.P. Morgan, McKinsey, the IMF, the World Bank, the Bank of England, and HM Treasury.
The most common career sectors are:
- Education and Research.
- Government and Policy.
- Consultancy.
- International Organisations.
- Financial and Professional Services.
5. Rankings and Reputation
- University of the Year 2025 (Times).
- 1st in London for 14 consecutive years (The Complete University Guide 2026).
- 6th in the world for Economics (QS World University Rankings 2025).
With its prestigious reputation, job placement record, and global recognition, an MSc Economics from LSE will set you apart wherever your career leads.
Prepare for one of the UK’s most competitive Economics programmes with guidance from our expert Tutors for London School Of Economics And Political Science (LSE) Students. Each and every tutor provides bespoke support to help you meet your academic goals with confidence.
What Are the Entry Requirements for the Programme?
The MSc Economics at LSE is highly selective. To be a competitive applicant, you’ll need:
- First-class honours in Economics (or equivalent) with a strong concentration in quantitative subjects.
- Excellent results in university-level courses such as:
– Advanced calculus and linear algebra.
– Econometrics and statistics.
– Intermediate microeconomics and macroeconomics. - If your degree is not in Economics, you should apply to the two-year MSc Economics instead.
- Applicants with a technical degree and a strong quantitative background may also consider the MSc Econometrics and Mathematical Economics (EME).
GRE Requirement
- GRE is required if you do not hold a UK undergraduate degree in Economics. Scores must be no more than five years old.
- A quantitative score of 161+ is typically expected. Higher scores strengthen your application, while verbal scores are considered in context (particularly for non-native English speakers).
International Applicants
- LSE accepts a wide range of international qualifications. This can be found on LSE’s Website.
- You must demonstrate strong English language proficiency, typically through tests like IELTS or TOEFL, to meet the university’s admission requirements. The Profs’ specialist English Language Tutors can help you excel in your MSc Economics application and studies.
Top 5 Tips on How to get into LSE MSc Economics
Tip 1: Understand the Course and Its Purpose
One of the biggest mistakes applicants make is misunderstanding what the MSc Economics at LSE is designed for. This is not a business school course, and it is not intended as a quick route into banking or consulting.
Who Is This Programme For?
- Students with a strong academic background in economics.
- Those genuinely motivated by research and intellectual curiosity.
- Graduates who want to pursue a PhD or a research-driven career in economics.
Who Is This Programme Not For?
- Applicants seeking a professional master’s degree to move quickly into finance or management consulting.
- Students without a solid foundation in economics or quantitative subjects.
Alternative Pathways:
- If you don’t have an undergraduate degree in economics, LSE recommends applying for the two-year MSc Economics, which includes a preparatory year to build your foundation before starting the full programme.
Tip 2: Demonstrate Strong Quantitative Skills
One of the most important aspects of your LSE MSc Economics application is proving your quantitative ability.
LSE is renowned for its quantitative approach to economics, and the admissions team will be looking for clear evidence that you can handle advanced mathematical and statistical methods.
What to Highlight:
In your CV, transcripts, and Statement of Academic Purpose, make sure to emphasise your training and achievements in:
- Calculus and linear algebra – showing you can work confidently with advanced mathematical concepts.
- Statistics and econometrics – demonstrating practical application of quantitative methods to economic problems.
- Intermediate to advanced microeconomics and macroeconomics – proving that you’ve already applied quantitative skills in an economics context.
LSE wants applicants who can:
- Tackle mathematical proofs.
- Work with large data sets.
- Apply econometric models to real-world economic questions.
Without strong evidence of quantitative skills, even the most enthusiastic candidate is unlikely to be admitted.
Ways to Strengthen This Part of Your Application
- Highlight specific modules you’ve excelled in.
- Include research projects where you applied econometric or statistical methods.
- If possible, mention any programming experience (e.g., Stata, R, Python, MATLAB) – while not formally required, it demonstrates readiness for advanced coursework.
Work one-to-one with our subject-specialist Admissions Tutors to develop an academic CV that reflects your strengths. On average, our tutors have 10+ years of admissions experience, so they know exactly how to help you demonstrate the qualities and skills LSE values most.
Tip 3: Emphasise Your Research Experience
The MSc Economics at LSE is a research-driven programme. Unlike many master’s courses that value professional work experience, this one is designed to prepare students for PhD study or research-intensive careers.
That means your application needs to demonstrate your research ability and academic curiosity.
In your Statement of Academic Purpose, be sure to highlight:
- Your undergraduate dissertation – What was your topic? What methods did you use? What did you discover?
- Independent research projects – Have you conducted original work outside of coursework, perhaps with a professor or research group?
- Publications or conference papers – Even co-authored or small contributions count.
- Future research interests – Propose ideas for the kind of research you’d like to pursue at LSE.
Why Research Matters:
This MSc serves as a stepping stone into academia and advanced economic analysis. Admissions tutors are looking for evidence that you:
- Can design, manage, and complete a substantial research project.
- Have an academic mindset, not just a professional one.
- Are prepared to engage in original research at master’s and potentially doctoral level.
A Common Mistake to Avoid:
Many applicants fall into the trap of focusing solely on work experience in consulting, banking, or a specific industry.
While impressive in other contexts, this is not what LSE is looking for here. If you want to stand out, your application must prioritise your academic achievements and research engagement above all else.
Tip 4: Showcase Knowledge of the Department and Faculty
Showing that you understand the Department of Economics and its faculty goes beyond a general interest in the subject – it’s about demonstrating that you’ve researched why you want to study at LSE specifically.
What to Research Before You Apply:
- Faculty members – Who are the professors in the Department of Economics? What are their areas of expertise?
- Research groups and centres – LSE has world-leading centres such as the Centre for Economic Performance (CEP). Which of these align with your interests?
- Supervision potential – If you propose a dissertation topic, who might supervise you? Showing this connection strengthens your application.
- Recent publications and projects – Referencing current work being done at LSE signals that you are serious about contributing to their research environment.
Admissions tutors want to see that your application is motivated and well thought through. If you can demonstrate how your research interests align with the department’s strengths, you will:
- Show genuine motivation to study at LSE (not just any top university).
- Prove you’ve done your homework and understand the academic environment.
- Make it easier for admissions staff to picture you fitting into the department.
Practical Tip: In your Statement of Academic Purpose, naturally integrate references to LSE faculty and centres. For example, if you are interested in labour economics, mention the Centre for Economic Performance and a faculty member whose work you admire. This shows focus and intentionality.
Stand out among applicants and succeed at one of the world’s most prestigious universities with The Profs’ Postgrad Admissions Tutors. Our dedicated team of LSE experts offer comprehensive and bespoke guidance at every stage of the application process.
Tip 5: Highlight Academic Achievements (Not Work Experience)
This course is not impressed by professional experience in consulting, banking, or internships.
Unlike MBA or business-focused programmes, this is a purely academic course, and the admissions tutors are professors who want to see evidence of your intellectual ability and educational achievements.
In your Statement of Academic Purpose and CV, focus on:
- Research achievements – dissertation projects, publications, or academic papers.
- Research assistantships – experience working alongside professors or within research groups.
- Academic prizes or scholarships – any recognition you’ve received for outstanding academic work.
- Independent study – reading groups, essay competitions, or extra projects that go beyond your curriculum.
Why This Works:
The admissions panel wants to be reassured that:
- You are capable of handling an intensely academic workload.
- You are motivated by intellectual curiosity, not just career prospects.
- You can contribute to LSE’s academic environment and possibly progress into research after your MSc.
If you’re still in your undergraduate degree, it’s not too late. You can:
- Volunteer as a research assistant.
- Seek opportunities to publish or present your work.
- Get involved in academic societies and initiatives related to economics.
These activities demonstrate to LSE that you are serious about economics as a discipline and ready to succeed in their MSc programme.
Looking for further support? Our Admissions Tutors can help you refine your Statement of Academic Purpose to maximise your chances of getting into MSc Economics at LSE.
Boost Your Application with The Profs Tutors
Our specialist Postgrad Admissions Tutors have successfully guided hundreds of students into LSE and other world-leading universities.
By working with The Profs’, you’ll receive tailored guidance to refine your Statement of Academic Purpose, highlight your quantitative skills, and showcase the research achievements that set you apart.
Join the 89% of postgraduate applicants who got into their first-choice university.
FAQ & Information about How to get into LSE MSc Economics
How hard is it to get into LSE MSc Economics?
The MSc Economics at the London School of Economics is one of the most competitive postgraduate programmes in the world. In 2025, thousands of applicants will apply, but only a fraction will be admitted. The admissions team takes into account your academic background, quantitative preparation, and alignment with the programme’s objectives.
Academic standards and expectations
Applicants must demonstrate academic excellence. A first-class undergraduate degree or a GPA equivalent to a first-class in the United Kingdom (around 3.7/4.0) is generally expected. Students with a British undergraduate degree classification of 2:1 may be considered if their application is particularly strong in other areas.
Subject and quantitative requirements
A relevant course in Economics or a related discipline is required. Applicants must show strong foundations in mathematics and statistics — including calculus, algebra, and linear algebra — as part of their undergraduate education. The school also values exposure to microeconomics, macroeconomics, and econometrics.
What does the LSE application process involve?
The application process for LSE’s MSc Economics programme involves several steps, each of which carries weight in the final decision. The admissions process typically opens in October for entry the following year, and you should submit your application early to maximise your chances.
Key documents and deadlines
You will need to provide the following:
- A completed application form.
- A tailored personal statement.
- Two academic references.
- Official academic transcripts.
- Proof of English language proficiency, such as IELTS or TOEFL.
- A CV or résumé outlining relevant experience.
Submitting a strong application
To submit your application successfully, it’s important to demonstrate both academic potential and intellectual development. Your personal statement should clearly express your motivation for applying to LSE, and explain how the MSc Economics programme aligns with your future goals.
Application assessments
The department will evaluate your application holistically. This includes your academic record, personal statement, references, and suitability for graduate study in economics. Feedback is typically not provided unless specifically requested.
What are the chances of getting admission to LSE?
The acceptance rate for LSE’s MSc Economics programme is low — often under 10%. This reflects the programme’s global reputation and its popularity among applicants from top economics departments worldwide. However, LSE looks beyond raw grades and considers a range of factors.
How LSE evaluates applicants
LSE academics review applications to assess an applicant’s potential for graduate study. They take into account all the information in the application, including your academic degree, language proficiency, supporting documents, and the relevance of your chosen programme.
How to improve your chances
To boost your chances of getting into LSE:
- Take an introductory course in mathematics or statistics if needed.
- Gain research experience or relevant work experience.
- Attend the LSE summer school or similar programmes at other universities.
- Clearly explain your academic interests and career plans in your application.
What programmes does LSE offer in economics?
LSE offers a wide range of programmes at both undergraduate and postgraduate levels in economics and related disciplines. The MSc Economics is one of the most prestigious, but it’s not the only option available.
MSc Economics and related degrees
You can choose between several economics-focused programmes at LSE, including:
- MSc Economics.
- MSc Finance and Economics.
- MSc Econometrics and Mathematical Economics (EME).
- Two-year MSc Economics (for students without a strong background in economics).
- MRes/PhD track in Economics.
Specialist LSE programs
Programmes at LSE are led by world-class academics and former policymakers, including advisers to the Bank of England, IMF, and World Bank. The courses often include modules on economic policy, economic inequality, and climate change, reflecting real-world priorities.
What is the cost of studying at LSE for students?
LSE is often seen as one of the more expensive universities in the UK — and for good reason. The tuition fee for MSc Economics in 2025 is expected to exceed £35,000. This does not include the cost of living, which can be high in London.
What tuition fees cover
Your fee covers registration and examination fees, access to the university’s resources, and teaching provided by LSE academics. Lectures may also be given at other colleges under intercollegiate arrangements.
Financial support and scholarships
LSE offers a number of financial support options, including:
- The Graduate Support Scheme
- Country-specific scholarships
- External scholarships through partnerships with banks and international bodies
You may need to complete a graduate financial support application alongside your main submission. LSE also has a support scheme for students facing challenging financial circumstances.
What else should applicants know before applying to LSE?
Graduate study at the London School of Economics is both challenging and rewarding. Prospective students should consider not just entry requirements and tuition fees, but also the demands of the curriculum, the academic environment, and the broader LSE experience.
Life as an LSE student
As a student at LSE, you’ll be part of an international community of future economists, researchers, and policymakers. You’ll have access to the students’ union, join academic departments focused on economics and political science, and benefit from events led by Nobel Prize winners and chief economists.
Planning your graduate education
Before applying to LSE, consider the following:
- Does your undergraduate degree provide the quantitative background required?
- Have you reviewed the specific entry requirements for your chosen programme?
- Are you prepared for the academic demands of a master’s degree in economics?
- Have you explored graduate programs at other leading universities in Europe or the United Kingdom?
Choosing between MSc and MRes/PhD
The MSc programme is ideal if you’re looking for a one-year master’s degree with strong career outcomes. The MRes/PhD route is more research-intensive and suitable for those considering a doctor of philosophy (PhD) in the future.
Consider LSE Summer School
If you’re unsure about the course or want to strengthen your application, LSE’s summer school can help. It allows students to explore subjects such as mainstream economics, mathematics, or economic stability and receive feedback from top lecturers.
Final checklist for applicants
Before you submit your application:
- Double-check your academic transcripts and references.
- Review your personal statement for clarity and purpose.
- Prepare evidence of language proficiency (if applicable).
- Ensure all documents are submitted by the fixed deadline.
Summary: What to remember when applying to LSE MSc Economics
1. The MSc Economics programme is highly competitive and requires a strong academic background. LSE aims to admit students with an excellent grounding in economic theory and quantitative techniques, usually demonstrated through high grades in undergraduate study such as a BSc or equivalent bachelor’s degree. You must meet the minimum entry requirements to secure a MSc in Economics.
2. Your application should include a personal statement, academic references, transcripts, and proof of meeting the English language requirement. For international students, this may include the International English Language Testing System (IELTS), the Test of English as a Foreign Language (TOEFL), or other recognised exams. If English is not your first language, you may need to provide additional evidence of proficiency.
3. Some LSE applicants may also need to sit an admissions test as part of the admissions process, such as the Graduate Record Examinations (GRE) or the Graduate Management Admission Test (GMAT), depending on prior qualifications.
4. Tuition fees and tuition payments are significant, but scholarships, and other forms of financial support are available to help cover living costs or travel and additional costs or travel or fieldwork.
5. LSE offers a wide range of graduate programmes in Economics, from MSc to MRes/PhD. These masters degrees and postgraduate education pathways are recognised globally as part of the University of London. There are also options like a 1 year Masters for certain applicants.
6. Strengthening your background in mathematics and statistics through an undergraduate application or course in mathematics and statistics can improve your chances, as LSE requires solid quantitative skills.
7. Apply early, as LSE opens its applications well in advance, and LSE may close specific programmes once places are filled. Make sure your documents are ready before the deadline.
8. By preparing carefully, understanding the entry requirements, and tailoring your application, you’ll give yourself the best possible chance of getting into the London School of Economics in 2025.
