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This programme is based in the Department of Geography and Environment and offers the following benefits:
* Study in a department with recognised expertise in the socio-economic and institutional aspects of regional and local economic development, situated in the only UK university devoted solely to the social sciences.
* Our master's programmes all focus on developing graduates' abilities to integrate theoretical developments with practical experience.
* This programme draws upon the expertise of a group of LSE researchers who are key contributors to research on regional and local economic development. We also invite regular contributions from external practitioners.
* In addition to gaining the MSc you will also have access to the Institution of Economic Development, the leading UK organisation for economic development practitioners.
* Previous graduates are mainly working in international organisations (Food and Agriculture Organisation of the United Nations (FAO), United Nations (UN), International Labour Organisation (ILO)), national and regional governments, international consultancy, non-governmental organisations (NGOs), and research centres.
As an interdisciplinary programme, applications from any field in the social sciences are welcome. In the past, the bulk of the student body has been made up by graduates in economics, development, sociology, geography, international relations and political science. In any case, we will expect applicants to have very good grades in their first degrees. A high score in the GRE test or in the GMAT test within five years before your application will be considered a strong asset.
This MSc will be relevant if you wish to build on your undergraduate degree to develop specific skills and an understanding of local and regional economic development. We also welcome managers of local economic and regional development institutions who wish to widen and deepen their existing knowledge.
In recent years, rapid changes in technology and information, industrial restructuring and integration have been radically realigning production structures. There has also been a drive towards the globalisation of the world economy. World trade has expanded at twice the rate of output and national governments have been rethinking their protectionist policies to participate in the new global markets. In this context, local and regional economies increasingly need new responses and demand specialist skills to work with the change, and exploit the opportunities it offers.
This programme focuses on the variety of ways in which local and regional agencies can work with the private sector in order to stimulate local economies. You will also develop an understanding of the local, national and international trends in business organisation, and a knowledge of the variety of local agents involved. The course emphasises management issues of local capacity building, attracting investment, network building, infrastructure, human resources, and focuses as well on the rationale and impact of regional and local development policies and on the role of institutions.
Compulsory courses
(* half unit)
* Topics in Local Economic Development*
* Local Economic Development and Policy and Regional Development and Policy*
* Dissertation
Options
Choose to the value of one unit from:
* The Political Economy of Southeast Europe*
* Political and Fiscal Integration and Disintegration in EU Member States*
* Environmental Regulation: Implementing Policy
* Cities, People and Poverty in the South*
* Cities and Social Change in East Asia*
* Urban Policy and Practice in the South
* The Economics of Regional and Urban Planning*
* Concepts in Environmental Regulation*
* Quantitative Analysis II: the Generalised Linear Model*
* Applied Quantitative Methods*
* Techniques of Spatial Economic Analysis*
* A relevant course from another programme
Fee reductions and rewards
LSE undergraduates starting taught postgraduate study at the School are eligible for a fee reduction in the region of ten per cent of the fee. These reductions are available for UK, EU and non-EU students. The School offers a range of rewards for early payment of fees for all self-financed students.
Scholarships for study at LSE
LSE makes available over £12 million annually in financial support for its students via a range of scholarships, bursaries and award schemes, details of which can be found on these pages. LSE's world class programmes attract a consistently high calibre of applicants, many of whom seek financial support from the School, so there is always much competition for our awards. Securing the necessary funds to attend LSE can be a difficult and time consuming process so you should start to think about it as early as possible. Please be aware that the School will be unable to offer you any financial assistance if you knowingly register under funded. The relevant link on the left will take you to the awards available for your chosen level of study.
The School would like to thank the many donors who have contributed to the New Futures Fund, which provides funds for a number of discretionary scholarships.
Diploma, LLM, MA, MSc and MSc (Research) programmes
There are a range of awards available for study at this level. Approximately 19% of taught masters offer holders are successful in obtaining some form of financial support from the School. The value of support ranges in value from 10% of the tuition fee to a full fees and maintenance award.
Graduate Support Scheme
LSE's major financial support scheme for study at taught masters level is the Graduate Support Scheme (GSS). This scheme is open to all applicants, with the exception of those undertaking specific modular or executive programmes such as the MSc in Finance (Part time) or the MSc in Health Economics, Policy and Management. Around £2 million is available annually in the form of awards from the Graduate Support Scheme. The Scheme is designed to help students who do not have sufficient funds to meet all their costs of study. GSS awards range in value from £3,000 to a maximum of £10,000, and have an average value of £6,000. Application to the Graduate Support Scheme is via the LSE Graduate Financial Support Application form. This form will be made available to you once you have submitted an application for admission to the School. The form will then be available until 27 April 2011.
Awards
If you complete the LSE Graduate Financial Support Application form, and are made an offer of admission by 27 April 2011, you will also be automatically considered for any other awards being offered by LSE, for which you are eligible, with the exception of Arts and Humanities Research Council (AHRC) and Economic and Social Research Council (ESRC) funding where there are separate, department led processes in place. AHRC and ESRC funding is relevant to Home UK and Home EU applicants only, and there are also subject restrictions in place. We offer a range of awards based on different criteria such as a specific programme of study, nationality, or country of permanent domicile. In addition, a number of external organisations offer funding to support postgraduate study. We recommend that applicants follow up as many avenues as possible to find funding. Please be aware that if you accept funding from an external source, it is your responsibility to check the terms of the award. Some awards are accompanied by specific terms and conditions which you should be sure you able to meet before accepting the award. Information about other Awards offered by LSE or external organisations. Please take some time to look at all the other awards available to support your study at LSE. The details of these awards are updated each October, but new LSE awards may become available during the course of the admissions cycle. We will only write to successful applicants for these awards. Selection for these awards will take place between May and July 2011 and all successful applicants will be notified by 31 July 2011.
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