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Radhika Arora

A guide to studying Bachelor’s in Economics at LSE

Introduction:

Pursuing a Bachelor's in Economics at the London School of Economics and Political Science (LSE) is the dream of many aspiring economists. Nestled in the heart of one of the world's most vibrant and influential cities, LSE has earned its reputation as a global leader in the field of economics. The prospect of studying at LSE goes beyond obtaining a degree; it's an invitation to immerse oneself in a rich tapestry of intellectual rigor, diverse perspectives, and unparalleled opportunities for academic and professional growth. In this guide, we will navigate the journey of studying Bachelor's in Economics at LSE.


A guide to studying Bachelor’s in Economics at LSE
Source: spectator

Why LSE for Economics?

  • LSE's global reputation: LSE is renowned worldwide for its expertise in economics, consistently ranking among the top institutions in this field. Its faculty comprises leading economists and scholars who actively contribute to shaping economic thought.

  • London as an economic hub: Studying at LSE means being in the heart of London, a global financial and economic center. The proximity to leading financial institutions and opportunities for internships enhances the overall learning experience.


Curriculum Overview:

  • Rigorous academic program: LSE's Bachelor's in Economics (BSc Economics) offers a challenging curriculum that covers both macro and microeconomics, econometrics, and specialized courses such as behavioral economics and economic history.

  • Flexibility and choice: The program allows students to tailor their studies, choosing from a range of optional courses to align with their specific interests and career goals.

For more details about the Program Structure and Courses, visit: https://www.lse.ac.uk/study-at-lse/undergraduate/degree-programmes-2024/bsc-economics


Research Opportunities:

  • Engaging with cutting-edge research: LSE is at the forefront of economic research, and undergraduate students have the opportunity to engage with ongoing projects, working alongside faculty members on groundbreaking research initiatives.

  • LSE's Research Centers: Explore the various research centers at LSE, such as the Centre for Economic Performance and the Financial Markets Group, offering a platform for students to delve deeper into specific areas of economic study.


Internship and Career Support:

  • LSE Careers: The dedicated careers service at LSE provides students with invaluable resources, workshops, and networking opportunities, connecting them with potential employers in the financial and economic sectors.

  • Alumni network: Benefit from LSE's extensive alumni network, which includes prominent figures in economics, finance, and policymaking. This network can open doors to internships, mentorship, and career opportunities.


Student Life:

  • Diverse student community: LSE is home to a vibrant and diverse student community, fostering an environment where students from various backgrounds can exchange ideas and perspectives.

  • Extracurricular activities: Beyond academics, LSE offers a wide range of clubs, societies, and events, providing students with opportunities to develop leadership skills, network, and make lasting connections.


Application Process:

1. Eligibility Criteria:

  • Academic Qualifications: Prospective students must have completed or be in the final year of completing their secondary education, typically with A-levels, IB, or an equivalent international qualification.

(For more details about the qualifications, check entry requirements at https://www.lse.ac.uk/study-at-lse/undergraduate/degree-programmes-2024/bsc-economics)

  • Subject Requirements: While specific subject requirements may vary, a strong background in mathematics is often essential. LSE usually looks for high grades in relevant subjects such as mathematics, economics, or a related field.


2. UCAS Application:

  • All applications to LSE for undergraduate programs, including BSc Economics, are made through the University and Colleges Admissions Service (UCAS).

  • The UCAS application includes personal information, academic qualifications, a personal statement, and a reference.


3. Personal Statement:

  • The personal statement is a crucial component of the application. It should demonstrate a genuine interest in economics, an understanding of the subject, and an alignment with the values of LSE.

  • Applicants are encouraged to discuss relevant experiences, academic achievements, and extracurricular activities that highlight their passion for economics.


4. Academic References:

  • Applicants are required to provide an academic reference as part of the UCAS application. This reference should come from a teacher or academic advisor who can speak for the applicant's academic abilities and potential.


5. Admission Tests:

  • LSE may require applicants to take additional admission tests. For BSc Economics, this might include the Test of Mathematics for University Admissions (TMUA). However, this is completely optional. A good performance on the test may increase the competitiveness of your application.

  • For non-native English speakers, proof of English language proficiency is required. This can usually be demonstrated through standardized tests such as the IELTS or TOEFL.


6. Interviews:

  • Some applicants may be invited for an interview as part of the selection process. Interviews aim to assess the candidate's motivation, critical thinking skills, and ability to articulate their thoughts on economic issues.


7. Application Deadlines:

  • It is essential to adhere to the application deadlines set by UCAS. Early application is advisable, as LSE receives a large number of applications, and spaces in the program are limited.


Tuition and Fees:

The 2024 tuition fee for international students is £28,176 or Rs. 30,00,000(approx.). The overseas tuition fee will remain at the same amount for each subsequent year of your full-time study regardless of the length of your program. This information applies to new overseas undergraduate entrants starting their studies from 2024 onwards.

For more information about Tuition, fees, loans, and scholarships, visit: https://www.lse.ac.uk/study-at-lse/Undergraduate/fees-and-funding


Conclusion:

Studying Economics at LSE is not just an academic pursuit; it's an immersive experience that prepares students for success in a rapidly evolving global landscape. With a world-class faculty, a dynamic curriculum, and unparalleled opportunities for research and career development, LSE sets the stage for a fulfilling and impactful academic journey. As you embark on this exciting chapter, remember that LSE is not just a university; it's a launchpad for a future where your understanding of economics can shape the world.

We know and understand that the application process can be overwhelming, so we are here for you. The study abroad experts at Hello Study Global are there for you every step of the way. From preparing for entrance exams to college applications, we will guide you to success.

Feel free to reach out to us at Hello Study Global.




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