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LSE MSc Finance Review – Fees, Admissions & Career Prospects

Dhruvin Jain

Dhruvin Jain

Jun 20, 2025

35 mins read

LSE MSc Finance Review – Fees, Admissions & Career Prospects Cover Image

Key Takeaways

Here’s a quick look at the most important things you need to know about the LSE MSc Finance program:

Topic

Details

UniversityLondon School of Economics (LSE)
Program NameMSc Finance (Full-Time)
LocationLondon, UK
Duration10 months (full-time)
Start DateSeptember
STEM DesignatedYes (for international students in the UK)
Tuition Fee (2024–25)£42,384
Application DeadlineRolling admissions – apply early
GMAT RequiredYes – average GMAT: 680–710
Work ExperienceNot required, but many have 1–2 years
Employment Rate95%+ within 3 months
Average Salary After Graduation£60,000–£80,000
Top EmployersGoldman Sachs, Morgan Stanley, McKinsey, JP Morgan
ScholarshipsLSE Graduate Support Scheme + external awards

What Is the LSE MSc Finance Program?

The MSc Finance at the London School of Economics (LSE) is one of the most respected finance master’s degrees in the world. It is a 10-month, full-time program that teaches students how finance works in theory and in real life.

This program is great for students who want to build careers in:

  • Investment banking
  • Private equity
  • Asset management
  • Consulting
  • Finance research

You’ll study core finance topics and use tools like Excel, Python, and financial databases. The program moves fast, so it’s best for students who can handle a challenging and focused learning environment.

Why Choose LSE for MSc Finance?

Here’s why many students choose LSE:

  • It’s one of the top-ranked universities in the world
  • You’ll study in London, a global finance city
  • LSE has a strong reputation with employers worldwide
  • You’ll learn from professors who are finance experts and researchers
  • LSE students go on to work at Goldman Sachs, JP Morgan, BCG, and top hedge fund

Reputation, Faculty Expertise, and Employer Connections

LSE is ranked among the top 3 UK universities for finance and economics. It is also one of the most targeted schools by employers in Europe.

LSE Highlights

Details

Founded1895
Finance ResearchTop in the UK
Employer ConnectionsStrong links with investment banks and consulting firms
Faculty BackgroundsPhDs from Oxford, Harvard, MIT, INSEAD

Studying at LSE means you’ll be part of a global network of alumni working in top finance jobs around the world.

Want help with your study abroad journey?

LSE MSc Finance Class Profile

The MSc Finance program at LSE brings together some of the smartest and most diverse students from around the world. Most students have strong academic backgrounds and some experience in finance or related fields.

Class Size, Diversity, and Backgrounds

Feature

Details

Class SizeAround 90–100 students
International StudentsAbout 90%
Countries Represented30+
Average Age23–25 years
Academic BackgroundsFinance, Economics, Business, Engineering, Math
Female StudentsAbout 30–40%
LSE looks for students who are:
  • Good with numbers
  • Team players
  • Strong communicators
  • Motivated to work in finance

Average GMAT/GRE Scores, GPA, and Experience

Requirement

Typical Scores or Notes

GMATRequired – average score is 680–710
GREAccepted, but GMAT is preferred
GPANo fixed minimum, but strong grades from a top university are expected
Work ExperienceNot required – many students have internships or 1–2 years of work
English Test (if needed)IELTS 7.0 or TOEFL 100 minimum

Networking and International Learning

You’ll work with students from all over the world. This helps you:

  • Learn different ways of thinking
  • Build a strong international network
  • Prepare for a career in global finance

There are also student-run finance clubs, alumni events, and group projects to help you make strong connections.

LSE MSc Finance Rankings & Recognition

The MSc Finance at LSE is one of the top-ranked finance programs in the world. It’s respected by students, professors, and companies all over the globe.

Global and UK Rankings

Ranking Source

Position

QS World University Rankings – Finance (2024)#4 in the world#2 in the UK
Financial Times (FT) RankingsOften Top 10 globally in past years
LSE Overall University Ranking (QS 2024)#45 worldwide
LSE is ranked especially high for:
  • Finance
  • Economics
  • Accounting
  • Business and management
These rankings are based on:
  • Job placements
  • Graduate salaries
  • Academic quality
  • Employer reputation

Comparing LSE vs Imperial MSc Finance – Which One is Better?

Feature

LSE MSc Finance

Imperial MSc Finance

Program Length10 months12 months
GMAT Required?YesOptional
RankingSlightly higher globallyVery strong as well
Career SupportStrong finance focusStrong STEM/tech + finance mix
Ideal ForInvestment banking, consultingBanking, fintech, data-driven finance
LocationCentral LondonSouth Kensington (London)

Both are excellent, but LSE is better if you want a shorter, intense program with a stronger reputation in finance and closer employer connections in investment banking.

Industry Reputation and Employer Perception

LSE is one of the most targeted schools by top finance companies, especially in Europe. Companies know that LSE graduates are:

  • Academically strong
  • Skilled in problem solving
  • Trained in financial thinking

Graduates are often hired at Goldman Sachs, McKinsey, Barclays, BlackRock, Citi, and more.

LSE MSc Finance Acceptance Rate & Admissions

How Hard Is It to Get into LSE MSc Finance?

The LSE MSc Finance program is very competitive. It has one of the lowest acceptance rates among finance master’s programs in the UK.

Stat

Details

Estimated Acceptance Rate8–10%
Applications per YearOver 2,000
Spots AvailableAround 90–100

So, only 1 out of every 10 applicants is accepted. You’ll need a strong application to stand out.

LSE MSc Finance GMAT Requirements and Average Score

Test

Required?

Details

GMATYesAverage score: 680–710
GREAcceptedScores in the 90th percentile preferred
Test WaiverNot availableGMAT or GRE is mandatory unless you apply to a related program like MSc Accounting & Finance

A high GMAT score can boost your chances, especially if your GPA isn’t perfect.

LSE MSc Finance Application Deadline & Admission Rounds

LSE has rolling admissions, which means:

  • No official rounds
  • Apply early (between October and January) for the best shot
  • The program may close early if spots fill up

Tip

Why It Matters

Apply by DecemberHigher scholarship chances and faster decisions
Apply with full documentsIncomplete applications are delayed
Submit GMAT earlyIt’s required for the review process

How to Get into LSE MSc Finance – Expert Tips

✅ Do This

❌ Avoid This

Have a strong GMAT score (700+)Submitting late or incomplete applications
Write a clear and focused SOPUsing vague or generic career goals
Highlight finance internshipsSkipping work/internship details
Get a great referenceUsing weak or unrelated referees
Show leadership and teamworkIgnoring soft skills in your CV or SOP

LSE MSc Finance Entry Requirements

To apply for the LSE MSc Finance, you need a strong academic background, a good GMAT score, and excellent application documents. Let’s break it down:

Minimum GPA, GMAT/GRE, and Work Experience

Requirement

Details

Undergraduate DegreeRequired – in finance, economics, business, math, or similar fields
GPANo official cutoff, but most students come from top universities with high grades
GMATRequired – average score is 680–710
GREAccepted – strong scores needed (90th percentile)
Work ExperienceNot required, but internships or 1–2 years of experience can help

💡 Tip: LSE likes students who are good with numbers and have shown interest in finance through past work or internships.

Language Proficiency Requirements (IELTS/TOEFL)

If your degree was not taught in English, you’ll need to submit a language test.

Test

Minimum Score

IELTS7.0 overall (6.5 in each section)
TOEFL iBT100 overall (no section below 23)

You can skip the test if your full bachelor’s degree was in English.

Strong Application Components for Admission

Your application should include:

✅ A strong personal statement (SOP)
✅ A clear and updated CV
✅ Two academic or professional references
✅ Transcripts and certificates
✅ GMAT or GRE score
✅ English test score (if needed)
✅ Application fee payment

LSE is looking for students who show:
  • Strong academic skills
  • A clear interest in finance
  • Motivation and leadership
  • Global thinking

LSE MSc Finance Program and Curriculum

The MSc Finance at LSE is a fast-paced, 10-month program that gives students strong technical knowledge and practical finance skills. You’ll study both core topics and choose from a wide range of electives.

Core Courses & Specialization Tracks

All students take core courses in the first term to build a strong foundation in finance.

Core Courses Include:
  • Corporate Finance
  • Asset Markets
  • Financial Modelling and Forecasting
  • Applied Financial Valuation
  • Financial Reporting and Analysis

These courses cover key areas like valuation, investment strategy, financial statements, and market behavior.

Specialization Options at LSE

LSE also offers related degrees that allow you to specialize in different areas of finance:

Program Option

Focus Area

MSc FinanceBroad finance skills for investment banking, asset management, consulting
MSc Finance & Private EquityDeep focus on private equity, venture capital, and buyouts
MSc Finance & EconomicsMix of finance theory and economics for research and policy careers
MSc Accounting & FinanceCombines financial markets knowledge with accounting skills

These tracks are separate programs, so you must apply to the one that matches your goals.

Electives & Customization Options

In the second term, you can choose from several elective courses to shape your learning.

Popular Electives:
  • Mergers, Buyouts and Corporate Restructurings
  • Risk Management in Financial Markets
  • Advanced Corporate Finance
  • Fixed Income Securities
  • Quantitative Security Analysis
  • Real Estate Finance

You can pick electives based on your career goals—whether it’s investment banking, asset management, or risk analysis.

Want help with your study abroad journey?

LSE MSc Finance Fees, Scholarships & Financial Aid

Studying at the London School of Economics is a big investment, but there are several funding options to help cover the costs.

Tuition Fees

Category

Cost (2024–25)

Tuition Fee£42,384 (for both UK and international students)
Estimated Living Costs£15,000–£20,000 for the full year
Total Estimated CostAround £60,000–£65,000 total

This includes tuition, housing, food, transport, and personal expenses while living in London.

Available Scholarships and Financial Aid

LSE offers a number of scholarships and funding options for MSc Finance students. Most scholarships are awarded based on financial need or academic excellence.

Scholarship Name

Details

Graduate Support Scheme (GSS)Need-based; up to £15,000
LSE Master’s AwardsMerit and need-based; varies by profile
Country-Specific AwardsFor students from India, China, Africa, Latin America, and others
External ScholarshipsChevening, Inlaks, Commonwealth, etc.

You apply for most scholarships at the same time as your MSc application through the Graduate Financial Support Application Form.

Loans and Other Support

Students can also apply for:
  • Prodigy Finance (loans for international students)
  • Lendwise (UK student finance partner)
  • Government postgraduate loans (UK students only)

LSE MSc Finance Employment & Placement

The MSc Finance at LSE is well-known for excellent job outcomes. Most students receive job offers within three months of graduation, often from top global companies.

Job Placement Statistics and Average Salaries

Metric

Details

Employment Rate (3 months after graduation)Over 95%
Average Starting Salary£60,000–£80,000
Top LocationsLondon, New York, Hong Kong, Singapore
Many students get jobs in areas like:
  • Investment banking
  • Private equity
  • Consulting
  • Asset and wealth management
  • Technology and fintech

LSE MSc Finance Placements – Top Hiring Companies

Industry

Top Employers

Investment BankingGoldman Sachs, JP Morgan, Morgan Stanley, Citi
ConsultingMcKinsey, Bain, BCG, EY
Asset ManagementBlackRock, Fidelity, Amundi, UBS
FintechRevolut, Klarna, Wise
CorporatesAmazon, Shell, PwC, Deloitte
These companies often visit LSE for:
  • Career fairs
  • On-campus interviews
  • Networking events
  • Guest lectures

Common Job Roles for Graduates

Job Title

Description

AnalystEntry-level role in banks and consulting firms
AssociateClient-facing finance work or investment analysis
Financial ConsultantHelps companies with financial planning
Risk AnalystManages and studies financial risk
Portfolio AnalystWorks in investment teams managing assets

LSE’s Careers Service also provides one-on-one coaching, interview prep, and CV workshops to help you succeed.

LSE MSc Finance vs Other Finance Programs

There are many great finance master’s programs in the UK, but LSE’s MSc Finance stands out in several ways. Let’s compare it with other top schools.

LSE vs Imperial MSc Finance – Key Differences

Feature

LSE MSc Finance

Imperial MSc Finance

Duration10 months12 months
GMAT RequiredYesOptional
LocationCentral LondonSouth Kensington, London
FocusDeep academic and technical financeStrong mix of finance, tech, and data
Top Career PathwaysInvestment banking, private equityFinance, fintech, and analytics
Employer ReputationVery strong in banking and consultingVery strong in tech-finance crossover

Both are excellent, but LSE is ideal for investment banking and consulting, while Imperial is a better fit for fintech or tech-heavy roles.

How LSE Compares with Oxford, Cambridge, and LBS

School

Program Focus

Best For

LSEFinance theory, practice, global careersBanking, consulting, asset management
Oxford (MFE)Economics, policy, finance blendQuant finance, research, economic roles
Cambridge (MFin)For experienced finance professionalsMid-career finance roles
LBS (MSc Finance)Strong career services and electivesDiverse finance roles and networking

If you are early in your career and want to enter top finance roles quickly, LSE is one of the best choices.

LSE MSc Finance Alumni Network

Graduating from LSE means you join one of the largest and most powerful alumni networks in the world. LSE alumni work in top companies across banking, consulting, finance, and government.

Notable Alumni and Career Paths

While LSE doesn’t share names from the MSc Finance class specifically, here’s what many alumni go on to do:

  • Become analysts and associates at Goldman Sachs, JP Morgan, BlackRock
  • Work in consulting at McKinsey, Bain, or BCG
  • Join global firms like Amazon, Bloomberg, PwC, and Shell
  • Launch their own startups in fintech and investment

Many alumni reach director and partner level roles just a few years after graduation.

Networking and Mentorship Opportunities

Network Stats

Details

Total AlumniOver 200,000 worldwide
Countries RepresentedMore than 190 countries
Alumni EventsHeld in London, New York, Hong Kong, Dubai, and online
Job ConnectionsMany alumni refer and hire recent grads
MentorshipLSE students can join the Alumni Mentoring Network during their degree
LSE’s alumni stay connected through:
  • Global alumni chapters
  • Guest lectures and panel discussions
  • Social and professional events
  • Online platforms like LSE Alumni Hub and LinkedIn groups

These connections help you build your career faster, find job opportunities, and stay updated on industry trends.

LSE MSc Finance Application Process

Applying to the LSE MSc Finance program takes planning and effort. You need to prepare strong documents, take the GMAT, and be ready for a possible interview.

Application Essays & Personal Statement Tips

You’ll need to write a Statement of Academic Purpose, which is like your personal essay.

What to include:
  • Why you want to study MSc Finance
  • Why LSE is the right fit for you
  • Your academic and professional background
  • Your career goals after graduation
Tips:
  • Be honest and clear
  • Focus on real experiences (internships, school projects, etc.)
  • Connect your goals with what LSE offers
  • Stay within the word limit (about 1,000 words)

Interview Process & Questions

Not all applicants are interviewed. But if your profile is shortlisted, you may get an invite.

Interview Format:
  • Usually conducted online
  • Around 30 minutes
  • With an admissions officer or faculty member
Common Questions:
  • Why do you want to study at LSE?
  • What are your short-term and long-term goals?
  • Tell us about a time you worked in a team
  • Describe a challenge you faced and how you solved it
  • What have you done to prepare for a finance career?
How to prepare:
  • Practice your answers
  • Be clear and confident
  • Know your personal statement well
  • Be ready to talk about finance news or market trends
Want help with your study abroad journey?

Why LSE MSc Finance is Unique?

The LSE MSc Finance is not just another master’s program. It offers a powerful mix of academic strength, real-world learning, and access to top finance careers.

Global Reputation and Academic Rigor

LSE is one of the most respected universities in the world for finance, economics, and business. The MSc Finance program is:

  • Highly selective
  • Fast-paced and challenging
  • Taught by professors who are leaders in finance research

Graduates are seen as serious, capable professionals by top employers.

Strong Industry Connections and Finance Network

LSE has long-standing relationships with investment banks, asset managers, consulting firms, and fintech startups. This means:

  • Employers come to campus for events and interviews
  • Alumni often return to hire or mentor students
  • The Career Services team is focused on high-level finance careers

Access to Top-Tier Employers and Internship Opportunities

Thanks to its central London location, LSE gives students access to:

  • The London Stock Exchange
  • Head offices of Goldman Sachs, JP Morgan, BlackRock, and more
  • Big consulting firms like McKinsey and Bain
  • Startups and fast-growing fintech firms
You can attend:
  • Networking nights
  • Employer presentations
  • Alumni talks
  • Case competitions

This makes it easier to land interviews, internships, and full-time jobs.

Useful Resources & Next Steps

Thinking about applying to the LSE MSc Finance? These official links and helpful tools will guide you through every step.

Official Program Page

This is where you’ll find full details on the course, entry requirements, and structure.

🔗 LSE MSc Finance (Full-Time)

Fees and Financial Aid

Learn more about tuition costs and available scholarships.

🔗 Graduate Fees and Funding

LSE Career Services

See how LSE supports students with job placements and internships.

🔗 LSE Careers Support

Application Process and Documents

Understand the full application process and prepare your documents.

🔗 Graduate Admissions – How to Apply

Connect with Students and Alumni

Use forums and communities to hear from past and current LSE MSc Finance students.

🔗 The Student Room – LSE Forum

🔗 Reddit – r/gradadmissions https://www.reddit.com/r/gradadmissions/

Next Steps:
  • Review program details and prepare your personal statement
  • Take the GMAT or GRE and send scores early
  • Get strong academic or professional references
  • Apply as early as possible for scholarships and admission
FAQs
What is the LSE MSc Finance acceptance rate?
The estimated acceptance rate is about 8–10%. It’s one of the most selective finance master’s programs in the UK.
What is the LSE MSc Finance application deadline?
What are the LSE MSc Finance GMAT requirements? A GMAT score is required. The average score for admitted students is around 680–710. GRE is accepted too, but GMAT is preferred. LSE uses rolling admissions, which means they accept applications until the program is full. It’s best to apply between October and January for the highest chances.
What is the tuition cost and financial aid availability?
Tuition for 2024–25: £42,384 Estimated living costs: £15,000–£20,000 Scholarships: Available through LSE Graduate Support Scheme and external options
What is the average salary after MSc Finance from LSE?
Graduates earn an average starting salary of £60,000–£80,000. Many get jobs at top companies in banking, consulting, and asset management.
How does LSE MSc Finance compare to Imperial MSc Finance?
Both are strong, but LSE is: Better for investment banking and consulting More intense (10 months vs 12 at Imperial) Stronger in economics and finance theory Imperial may be better if you're more interested in fintech, data, or tech roles.
What are the top hiring industries for LSE MSc Finance graduates?
Investment banking Consulting Asset and wealth management Private equity Fintech and corporate finance The program is short (10 months), so internships are not built-in. However, students often secure internships before or after the program, and LSE’s career services help with that.
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Dhruvin Jain
Dhruvin Jain

Articles: 20

Dhruvin Jain is the co-founder of MastersBuddy, a tech-first platform that has helped over 2500 students find and apply to top master’s programs globally. He is a master’s graduate from IE Business School, and is passionate about education, technology, and entrepreneurship.

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