The two year route for the MSc Economics is designed for students who have a sound quantitative background but lack the necessary knowledge in economic theory and quantitative techniques for the one year programme. You should have a strong academic qualification with an emphasis on quantitative subjects such as mathematics and statistics.
The preliminary year will provide you with a solid foundation in economic theory and quantitative techniques and develop your skills to the point where you become eligible to join the main MSc Economics programme.
Teaching methods
LSE is internationally recognised for its teaching and research and therefore employs a rich variety of teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such as lecturers, senior lecturers, readers, associate professors and professors. Many departments now also employ guest teachers and visiting members of staff, LSE teaching fellows and graduate teaching assistants who are usually doctoral research students.
Assessment
All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others.
Summative assessment may be conducted during the course and/or by final examination at the end of the course.
Careers
Our former students are employed as economists in a wide range of national and international organisations in government, international institutions, business and finance. In recent years, our graduates have gained employment in organisations such as Goldman Sachs, JP Morgan, Bank of America, Credit Suisse, NERA Economic Consulting, PwC, Deloitte, Compass Lexecon, McKinsey, IMF, World Bank, European Bank for Reconstruction and Development, Bundesbank, Bank of England, and HM Treasury.