Is it Feasible to Complete an MSc in Economics at LSE in 2 Years after BCom Hons?

The Master of Science (MSc) in Economics from the London School of Economics (LSE) is a highly regarded program, well-suited for students who have a strong foundational understanding of advanced economic theories and methodologies. However, the possibility of completing this rigorous 2-year program after obtaining a Bachelor of Commerce (BCom) Honors degree depends on several factors, including academic performance, GMAT or GRE scores, and personal readiness.

Prerequisites and Academic preparedness

To thrive in the MSc in Economics at LSE, candidates must have a solid foundation in advanced mathematics, specifically in algebra, calculus, and statistics. LSE requires students to possess a high level of understanding and comfort with these subjects. This is reflected in the extensive question set posed in the header: 'You need to have a very good understanding and ability to work with advanced level of Algebra, Calculus and Statistics. Ask yourself how good you are with those. You’ll get your answer.'

These prerequisites not only ensure that students are well-prepared for the challenging academic load but also foster a collaborative environment where students can contribute effectively to discussions and research. It is crucial to evaluate your current proficiency in these areas before applying to the program.

Admission Requirements and Academic Achievements

Academic excellence is a paramount requirement for admission into the MSc in Economics at LSE. The school places a strong emphasis on candidates' academic achievements, particularly those in related fields such as economics, mathematics, and finance. LSE is known for its demanding admission process, which includes stringent evaluation of academic records, recommendation letters, and personal statements. As the header notes, 'LSE isn’t an easy place to get in. You’ve to be quite an achiever to earn a spot.'

This underscores the importance of demonstrating exceptional academic performance in your undergraduate studies. Whether pursuing a BCom Hons or another related degree, maintaining high grades and engaging in research or additional coursework relevant to economics can significantly enhance your application. Moreover, competitive scores on standardized tests like the GMAT or GRE are often required, further emphasizing the need for academic rigor and preparation.

Options for International Students

For international students, the process of completing an MSc in Economics at LSE can present additional challenges, mainly related to immigration and funding. The header provides some clarity on this aspect: 'If you are a paying student and are on a student visa, then yes, of course, you can. You will have to change the terms of your visa… but if you are here already with one, no problem.'

This indicates that while international students may need to adjust their student visa terms, they can still pursue the program within the UK. This flexibility highlights the school’s adaptability to accommodate a diverse student body. However, it is crucial to carefully plan ahead and consult with immigration authorities to ensure compliance throughout the program.

Financial and Academic Support

For UK nationals, student funding is available that runs from the degree level to the MSc level, making the program more accessible. The header also mentions that 'You could even do a PhD if you can get a sponsor.' This implies that additional funding options, such as scholarships and external sponsorships, are available for advanced research pursuits. These resources can significantly alleviate financial stress and provide opportunities for advanced studies.

It is advisable to explore all available funding sources and prepare a comprehensive financial plan to manage the costs associated with education and living in London. This might include seeking financial aid from universities, private sponsors, or government-funded programs.

Conclusion

Completing an MSc in Economics at LSE in 2 years after a BCom Hons is a challenging and rewarding endeavor. While it requires a strong foundation in advanced mathematics and a commitment to outstanding academic performance, the available resources and support systems can help make this goal attainable. International students and UK nationals alike should carefully plan their applications and funding, and preparation to navigate the complexities of the program successfully.

Key Takeaways:

Strong background in advanced mathematics is essential. Academic excellence and competitive standardized test scores are crucial. International students may need to adjust their visa terms but can still pursue the program. UK nationals have access to student funding options from degree to MSc level.