Eligibility Requirements for London School Economics Masters in Finance

  • The student must have completed an undergraduate degree.
  • English Language Proficiency is not required if applicants have completed their UG or PG degree entirely in English or if applicants have worked or lived in an English-speaking country for at least two years since graduating from university GMAT/ GRE waiver:
  • GMAT/GRE is waived to a very small number of applicants. To qualify, candidates need to exhibit previous academic excellence University will be looking for strong grades from earlier university studies, especially in quantitative subjects, and outstanding professional experience in finance. Holding CFA II or above gives the applicant an automatic GMAT waiver.

Test Scores Requirement

ExamRequirement

About London School of Economics

The University of London is a prestigious institution that provides more than 30 distance learning undergraduate qualifications in finance and social science disciplines. These programs receive academic direction from the London School of Economics and Political Science (LSE), which is recognized worldwide as a leading center of academic excellence and innovation in the social sciences.

In the recent Research Excellence Framework (REF 2021), LSE was ranked as the top university in the UK based on the proportion of 'world-leading' (4*) research produced. It is also ranked joint second overall in the UK when considering research outputs, impact, and environment. This highlights LSE's commitment to conducting high-quality research that contributes to global knowledge and understanding.

LSE's research expertise is highly regarded, with 58 percent of its research being judged as world-leading (4*) and 35 percent considered internationally excellent (3*). The school regularly attracts prominent public figures who give lectures, participate in seminars, and consult with the staff, further enhancing the academic environment.

Founded in 1895, LSE became a part of the University of London in 1900. The school offers a wide range of academic programs, including 40 Bachelor's degree programs, over 140 taught Master's and Diploma programs, and various PhD opportunities across the social sciences. With 25 Departments and Institutes and 23 Research Centres, LSE covers a diverse range of social science disciplines, specializing in studying real-world issues such as economics, politics, law, sociology, anthropology, accounting, and finance.
 

London School Economics Masters in Finance Program Description

The LSE Master's in Finance (MSc Finance) program is internationally recognized as one of the top finance master's degrees, making it an ideal choice for individuals aspiring to pursue careers within the financial services sector.

This full-time program provides a unique opportunity for high-achieving graduates from diverse academic backgrounds to establish a strong foundation and specialized expertise in finance. Renowned for its exceptional quality, the MSc Finance program attracts some of the most talented students from prestigious institutions worldwide, ensuring a vibrant and intellectually stimulating learning environment at the London School of Economics and Political Science (LSE).

Throughout the program, students receive a comprehensive education that begins with core courses in corporate finance and financial markets. These foundational courses offer an in-depth understanding of the fundamental concepts and principles of finance. Subsequently, students can tailor their degree by selecting from a wide range of optional courses, including specialized applied courses designed to provide practical insights into specific areas of finance. This flexibility allows students to align their studies with their career goals and areas of interest.

One of the distinguishing features of the MSc Finance program is the strong connection it fosters between academia and the financial industry. Students benefit from close interaction with two prominent research centers at LSE: the Financial Markets Group and the Systemic Risk Centre. These centers attract leading finance researchers from around the globe, offering students the opportunity to gain deeper practical insights into the financial world and establish valuable connections. Additionally, students have the chance to engage with and network alongside their peers in the part-time MSc Finance program.

The program's outstanding reputation among employers is testament to its rigorous curriculum and the caliber of its graduates. Alumni of the MSc Finance program have successfully secured positions in leading investment banks, financial institutions, consultancies, and boutique firms. The program equips students with the necessary knowledge, skills, and industry exposure to excel in their chosen finance-related careers.

By choosing the LSE Master's in Finance program, students embark on an enriching academic journey that combines theoretical rigor with practical relevance. With its global recognition, exceptional faculty, and strong industry connections, this program prepares students to make a significant impact in the dynamic and ever-evolving field of finance.
 
 
 


Program URL:https://www.lse.ac.uk/study-at-lse/Graduate/degree-programmes-2021/MSc-Finance-full-time

London School Economics Masters in Finance Program Curriculum

The LSE Master's in Finance program offers a range of elective courses in the second term, allowing students to deepen their knowledge in specific areas of finance. These elective courses cover various topics and provide students with specialized expertise in financial systems, risk management, portfolio management methods, derivatives, fixed income, corporate finance, valuation, and more.

The elective courses include both dedicated courses and non-dedicated courses. The dedicated courses focus on specific areas of finance and offer in-depth exploration of the subject matter. Some of the dedicated courses offered include:

Fixed Income Securities and Credit Markets*: This course provides a comprehensive understanding of recent developments in fixed-income securities pricing, hedging, and portfolio management.
Topics in Portfolio Management*: Students gain analytical and statistical tools for the effective management of investment portfolios.
Mergers, Buyouts, and Corporate Restructurings*: This course covers advanced topics in Corporate Finance and Valuation, introducing students to valuation techniques for securities and projects.
Financial Engineering*: Students learn the basics of derivatives theory and its application to various financial securities and structured products.
Risk Management in Financial Markets*: This course provides an overview of risk management in portfolios containing mixed income securities and derivatives, including credit risk considerations.
Corporate Investment and Financial Policy*: Students examine the application of corporate finance concepts in different business situations through case studies.
International Finance A*: This course delves into advanced topics in international macroeconomics and introduces students to international corporate finance, financial management, risk exposure, and FX hedging.
Private Equity, Venture Capital, and Entrepreneurial Finance*: This course offers a comprehensive understanding of the theory and recent developments in the field of private equity.

In addition to these dedicated courses, there are also non-dedicated elective courses that cover a range of finance-related topics. Some of these non-dedicated courses include:

Quantitative Security Analysis*: Students learn how to utilize financial statements and macroeconomic variables to derive inputs for Merton-type models used to assess corporate securities.
Entrepreneurial Finance*: This course evaluates business plans, growth opportunities, and Venture Capital (VC) financing, exploring various instruments used by entrepreneurial firms.
Sustainable Finance and Impact Investing*: Students gain a conceptual foundation in sustainable finance and impact investing, understanding their effects on firm and fund performance as well as investor response.

Electives

The LSE Master's in Finance program offers a range of elective courses in the second term, allowing students to deepen their knowledge in specific areas of finance. These elective courses cover various topics and provide students with specialized expertise in financial systems, risk management, portfolio management methods, derivatives, fixed income, corporate finance, valuation, and more.

The elective courses include both dedicated courses and non-dedicated courses. The dedicated courses focus on specific areas of finance and offer in-depth exploration of the subject matter. Some of the dedicated courses offered include:

Fixed Income Securities and Credit Markets*: This course provides a comprehensive understanding of recent developments in fixed-income securities pricing, hedging, and portfolio management.
Topics in Portfolio Management*: Students gain analytical and statistical tools for the effective management of investment portfolios.
Mergers, Buyouts, and Corporate Restructurings*: This course covers advanced topics in Corporate Finance and Valuation, introducing students to valuation techniques for securities and projects.
Financial Engineering*: Students learn the basics of derivatives theory and its application to various financial securities and structured products.
Risk Management in Financial Markets*: This course provides an overview of risk management in portfolios containing mixed income securities and derivatives, including credit risk considerations.
Corporate Investment and Financial Policy*: Students examine the application of corporate finance concepts in different business situations through case studies.
International Finance A*: This course delves into advanced topics in international macroeconomics and introduces students to international corporate finance, financial management, risk exposure, and FX hedging.
Private Equity, Venture Capital, and Entrepreneurial Finance*: This course offers a comprehensive understanding of the theory and recent developments in the field of private equity.

In addition to these dedicated courses, there are also non-dedicated elective courses that cover a range of finance-related topics. Some of these non-dedicated courses include:

Quantitative Security Analysis*: Students learn how to utilize financial statements and macroeconomic variables to derive inputs for Merton-type models used to assess corporate securities.
Entrepreneurial Finance*: This course evaluates business plans, growth opportunities, and Venture Capital (VC) financing, exploring various instruments used by entrepreneurial firms.
Sustainable Finance and Impact Investing*: Students gain a conceptual foundation in sustainable finance and impact investing, understanding their effects on firm and fund performance as well as investor response.

The LSE Master's in Finance program offers a well-rounded curriculum that encompasses core courses designed to provide students with a solid foundation in finance principles and real-world applications. These courses, combined with the diverse faculty and student body, contribute to the program's esteemed reputation in the field of finance.

The program begins with two core courses in the first term: Corporate Finance and Asset Markets. Corporate Finance delves into the firm's investment decision-making process, exploring topics such as the cost of capital, financial structure, and the market environment in which the firm operates. The course delves into significant financial decisions, including dividend choices, initial public offerings (IPOs), mergers and acquisitions, and financial restructuring in times of distress. This course offers a comprehensive overview of firms' financial decision-making and their impact on organizational success.

Asset Markets introduces students to the intricacies of financial markets and equips them with fundamental tools for asset valuation. The course covers fixed-income securities, equity markets, and derivatives, providing students with a comprehensive understanding of the workings of these markets. By exploring both theoretical concepts and practical applications, students gain a deep appreciation of asset valuation techniques and the dynamics of financial markets.

After completing the core courses, students have the opportunity to choose optional courses from a range of options offered within the Finance department. These courses allow students to tailor their studies according to their specific interests and career aspirations. The Finance department offers a variety of specialized courses that provide deeper practical insights into various aspects of finance, enabling students to gain a more comprehensive understanding of finance in practice as observed in leading financial institutions.

Additionally, all registered students participate in a three-week pre-sessional program held in early September. This program includes academic classes that cover core quantitative mathematics, statistics, and interpreting financial statements. The pre-sessional program ensures that students have the necessary knowledge and skills to engage with the material covered in the core courses during the first term. It also includes career skills sessions that prepare students for the competitive financial services job market.

Overall, the LSE Master's in Finance curriculum combines a strong theoretical foundation with practical applications. By offering core courses in Corporate Finance and Asset Markets, supplemented by a range of optional courses, the program equips students with the essential knowledge and skills required to excel in the field of finance.
 

The LSE Master's in Finance program offers students a vibrant and engaging student life through the LSE Students' Union (LSESU) and its diverse range of clubs and societies. LSESU provides a wide array of clubs and societies catering to various interests and passions. With over 200 cultural or interest societies, students can join communities such as African Caribbean, Anime and Manga, United Nations, and Women Leaders of Tomorrow, among many others.

These societies foster a sense of belonging and enable students to explore their diverse cultural, intellectual, and personal interests. Additionally, LSESU offers a comprehensive range of sports clubs, including Athletics, Capoeira, Fustal, Rowing, Squash, and Yoga, to name a few. Alongside the sports clubs, students can participate in the active LifeStylE program, which includes access to a well-equipped gym, exercise studios, training grounds, and fitness classes. Moreover, LSESU provides valuable services such as a weekly newspaper, a termly journal, a radio station, a TV show, and a student film group, offering platforms for creative expression and media engagement.

Students can also benefit from free academic, personal, and financial advice, ensuring their overall well-being and success. LSESU's bars and cafés provide affordable options for socializing, with the profits reinvested into student activities. The union also offers opportunities for charitable fundraising and provides an employability and development training program to enhance students' skills and future career prospects. Through LSESU's clubs, societies, and services, students of the LSE Master's in Management program can actively engage in a rich and fulfilling student life, fostering personal growth, community connections, and a well-rounded educational experience.

Some of the clubs available include:

  • Athletics Club
  • Capoeira Club
  • Fustal Club
  • Rowing Club
  • Squash Club
  • Yoga Club
  • African Caribbean Society
  • Anime and Manga Society
  • United Nations Society
  • Women Leaders of Tomorrow Society

The LSE Master's in Finance program offers students numerous opportunities to engage in extracurricular activities and make the most of their time at LSE. With over 200 societies to choose from, students can join existing societies or even start their own, allowing them to pursue their diverse interests and passions. The LSE community is known for its commitment to social causes, and many students actively volunteer their time to make a positive impact in their local communities and beyond. The LSE Volunteer Centre, part of LSE Careers, provides a platform for students to explore and engage in regular or one-off volunteering opportunities with charities and non-profit organizations in London and internationally. Students can also seek personalized advice and guidance on finding meaningful volunteer roles through one-to-one discussions. Additionally, the LSESU RAG (Raising and Giving) serves as the fundraising arm of the Students' Union, organizing a wide range of events and challenges throughout the year to raise funds for charities selected by the student body. Moreover, LSESU hosts several charitable societies, such as Amnesty International, Student Action for Refugees, and Sustainable Futures, which empower students to raise awareness about global issues on campus and contribute to important causes. These extracurricular activities provide students with opportunities to make a difference, develop valuable skills for their future careers, establish new connections, and broaden their horizons beyond the classroom.
 

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London School Economics Masters in Finance Employment

Graduates of the LSE Master's in Finance program enjoy excellent career prospects. With a strong focus on theory and practical application, they are well-prepared for success in the finance industry and related sectors. The program's reputation attracts employers from various sectors, resulting in diverse employment opportunities for graduates.

In the finance sector, 72% of LSE Master's in Finance graduates find employment, with investment banking being the top choice (48%). Consulting firms hire 15% of graduates, while 3% pursue further study. Graduates also secure positions in public finance (2%), academia (1%), and other sectors (7%).

Organizations hiring LSE Master's in Finance graduates include investment banks (48%), consulting firms (10%), asset management companies (7%), and financial advisory firms (6%). Graduates also enter venture capital/private equity (5%) and various other organizations (24%).

These employment trends showcase the program's effectiveness in preparing graduates for successful careers in finance and related fields. The broad range of sectors and organizations employing LSE Master's in Finance graduates reflects the program's versatility and strong reputation among employers.

70,000

Average Starting Salary

London School Economics Masters in Finance Employment Statistics

Employment statistics demonstrate the strong career prospects for graduates of the LSE Master's in Finance program. The program equips students with the necessary skills and knowledge to pursue diverse opportunities within the finance industry and related sectors. Here is an overview of the employment statistics for LSE Master's in Finance graduates:


Sectors:

  • Finance: 72%
  • Consulting: 15%
  • Further Study: 3%
  • Public Finance: 2%
  • Academia: 1%
  • Other: 7%
     

Organisation:

  • Investment Banking: 48%
  • Consulting : 10%
  • Asset Management : 7%
  • Financial Advisory : 6%
  • VC/Private Equity : 5%
  • Other : 24%
     

Companies Recruiting London School Economics Masters in Finance Graduates

Graduates of the LSE Master's in Finance program are highly sought after by top employers in the finance industry. These employers recognize the exceptional training and expertise that graduates possess, making them valuable assets to their organizations. Here are some of the prominent employers who actively recruit LSE Master's in Finance graduates:

  • CITIC Securities
  • HSBC
  • CICC
  • UBS
  • Citi
  • JP Morgan
  • Deutsche Bank

Employment Overview URL: https://www.lse.ac.uk/finance/assets/documents/prospective-students/EmploymentReport.pdf

London School Economics Masters in Finance Scholarships available for International Students

LSE Master's Awards (LMAs): LMAs are part of LSE's funding portfolio for taught master's students. These awards are designed to supplement other funding sources, such as savings, loans, and external scholarships. Shortlisting for LMAs is done from the pool of offer holders who demonstrate significant financial need beyond what the GSS can cover. Preference is given to candidates from low and middle-income countries, particularly if loans are not available or if these countries are underrepresented in other award schemes. The value of LMAs can range from £5,000 to a full award.

Anniversary Scholarships: These scholarships are specifically available for taught master's students from the UK. They follow the same guidelines as the Graduate Support Scheme and are based on financial need. The awards vary in value and aim to assist with fees and/or living costs. The minimum award is £5,000, while the maximum award can reach £15,000.

The Antoine Faure-Grimaud MSc Scholarships : These are available for students starting their studies in the 2023/24 academic year in the Department of Finance at LSE. These scholarships provide financial support towards tuition fees for students pursuing the MSc in Finance (full-time) or the MSc in Finance and Private Equity.

The scholarship amounts vary each year, and the recipients are selected based on academic merit and financial need. The Department of Finance considers applications on a rolling basis, and candidates must have already applied for admission to study at LSE and submitted the LSE Graduate Financial Support Application, including a Personal Statement.

Applicants should ensure they have received an offer of admission (conditional or unconditional) by April 27, 2023, at 5 pm (UK time GMT+1). Successful applicants will be notified by email as decisions are made by the Department of Finance. To ensure important emails are received, applicants are advised to add the domain name "lse.ac.uk" to their safe senders list and regularly check their junk/spam folders.

The number and size of the Antoine Faure-Grimaud MSc Scholarships vary each year, providing an opportunity for eligible students to receive financial assistance towards their tuition fees. These scholarships aim to support deserving students in pursuing their studies in the field of finance at LSE.
 

What makes London School Economics Masters in Finance unique?

The LSE Masters in Finance program stands out for several reasons, making it a unique choice for students seeking to pursue a finance education. One of the key factors that set the program apart is the internationally recognised research environment and academic rigour that permeates its teaching programs.

LSE boasts a distinguished faculty comprising renowned scholars and experts in the field of finance. The faculty's expertise and cutting-edge research contribute to creating an intellectually stimulating learning environment for students. This emphasis on research ensures that students receive a comprehensive and up-to-date education, equipping them with the knowledge and skills necessary to excel in the finance industry.

Moreover, the LSE Masters in Finance program has earned a remarkable reputation among employers. LSE graduates are highly regarded for their exceptional skills and expertise, and employers actively seek out graduates from this program. The reputation of LSE as an institution that produces high-level graduates significantly enhances the employability prospects of its students.

The LSE Masters in Finance program also benefits from its location in London, one of the world's leading financial centers. This geographical advantage offers students unparalleled opportunities to engage with industry professionals, attend networking events, and gain exposure to the dynamic financial landscape of the city. The proximity to prominent financial institutions, investment banks, and consultancies provides students with valuable practical insights and networking opportunities, giving them a competitive edge in the job market.

In summary, the LSE Masters in Finance program stands out due to its internationally recognized research environment, academic rigour, and reputation among employers. The combination of a distinguished faculty, comprehensive curriculum, and the advantages of studying in the heart of London's financial hub makes this program a unique and highly sought-after choice for those seeking to pursue a successful career in the finance industry.
 
 
 

London School Economics Masters in Finance Contact Information

Whom should I contact in case of any doubts?

For any doubts or inquiries regarding the LSE Master's in Finance program, prospective students are encouraged to refer to the frequently asked questions page, which provides comprehensive information about the academic curriculum and admissions process. However, if further assistance is required, it is advisable to contact the Department of Finance Admissions team.

The Department of Finance Admissions team can be reached via email at finance.admissionsenquiries@lse.ac.uk. They are well-equipped to address queries related to the program structure, entry requirements, application procedures, and any other concerns that prospective students may have. The team is dedicated to providing prompt and accurate information to ensure a smooth and informed application process for aspiring students.

Whether it is clarifying doubts about specific courses, seeking guidance on application materials, or any other aspect related to the LSE Master's in Finance program, reaching out to the Department of Finance Admissions team is the recommended course of action. Their expertise and knowledge will assist prospective students in obtaining the necessary information and guidance needed to make informed decisions and navigate the application process successfully.
 

Conclusion: Should you apply to London School Economics Masters in Finance?

Applying to the London School of Economics (LSE) Masters in Finance program is a highly recommended choice for individuals seeking a comprehensive and prestigious education in finance. With its renowned faculty, rigorous curriculum, and excellent reputation among employers, LSE offers a unique opportunity to gain a solid foundation in finance theory and practical application.

The program's emphasis on academic excellence, combined with its diverse student body and strong industry connections, ensures a stimulating and enriching learning environment. Graduates of the program benefit from a wide range of employment opportunities, with top employers actively seeking LSE Masters in Finance graduates.

Moreover, LSE provides additional support through scholarships such as the Antoine Faure-Grimaud MSc Scholarships, making it more accessible for deserving students to pursue their studies.

In conclusion, if you are passionate about finance and aim to excel in the field, applying to LSE Masters in Finance can pave the way for a successful career and open doors to numerous opportunities in the finance industry.

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