Management and Strategy

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This programme, based in the Managerial Economics and Strategy Group (within the Department of Management), offers the following benefits:

* Focus on analytical and problem solving skills, strategic thinking and the development of a critical attitude towards contemporary management literature and practice.
* Core curriculum in Strategy and Organisations.
* A good preparation for careers in investment banking, consultancy and general management where analytical skills are prized.

The MSc Management and Strategy degree adopts an interdisciplinary perspective on management issues. It offers an alternative approach to MBA or MBA style courses. There is an intellectual rather than a vocational focus with an emphasis on the rigorous analysis of management problems. Those who enter these programmes are typically pre- rather than post-work experience students. Seminars for the core courses are organised on the basis of study groups. In addition students work on an 8,000 word dissertation on a relevant topic and take part in a case study. The case study programme is organised by Sir Geoffrey Owen, formerly editor of the Financial Times. Students work together in small groups to produce a report, and give a presentation, on a major company (companies recently studied include ICI, BMW, BT, GlaxoSmithKline, British Airways and Tesco).

To be eligible to apply for the MSc programme you should have obtained at least a good upper second class honours degree or its equivalent (eg GPA 3.6) in a social science, engineering or science discipline. In addition, all applicants are required to take the Graduate Record Examination (GRE) General Test and submit results with their application forms. The GMAT may be accepted as an alternative to the GRE but the GRE is preferred. You need to have a basic knowledge of statistics, mathematical analysis and economics for the core course. Two one week pre-sessional courses in Mathematics and Statistics for Management, and in Economics for Management are run every September prior to the start of the MSc. Students whose knowledge of mathematics and economics is considered to be below the standard required to enter the MSc may be offered a place conditional on their attendance at one or both of these courses.

Graduates of the BSc Management programme at LSE are permitted to take the standard route of the MSc Management, but are encouraged to apply to take the study abroad programmes, CEMS and IMEX.

Students who have graduated from the MSc programmes in the Managerial Economics and Strategy Group have gone on to pursue careers in management consultancy; banking; accountancy; further study (MPhil/PhD); marketing; public sector management and retail management.

Programme Structure

Part 1: Compulsory courses
(* half unit)

* Incentives and Governance in Organisations*
* The Analysis of Strategy (A)*
* The Analysis of Strategy (B)*
* Design and Management of Organisations*

Part 2: Options
Choose one from the following:

* Public Management Theory and Doctrine*
* Public Management: A Strategic Approach*
* Negotiation Analysis*
* Entrepreneurial Strategy*
* International Marketing: A Strategic Approach*
* Systems Thinking and Strategic Modelling*
* Business in the Global Environment*
* Personnel Economics*
* International Business and Governance*
* Evolutionary Psychology and Management*
* The World Trading System*
* Strategy for the Information Economy*
* Management Accounting, Decisions and Control*
* Corporate Finance A*
* Corporate Finance II: Finance and Corporate Strategy*

Part 3: Options
Choose one from the following:

* Valuation and Security Analysis*
* Accounting in the Global Economy*
* Financial Accounting, Reporting and Disclosure*
* A course listed in Part 2
* Any other half unit graduate course at LSE with permission

Part 4:
* Dissertation and case study

Minimum entry requirement: 2:1 in social science, engineering or science disciplineGRE/GMAT requirement: All applicants must submit a GRE or GMAT - GRE is preferredEnglish language requirements * TOEFL (Test of English as a Foreign Language) with a minimum score of 627 in the paper test or 107 in the internet based test * IELTS (International English Language Testing System) with a minimum score of 7.0 English Language Requirements IELTS band: 7 CAE score: (read more) Cambridge English: Advanced (CAE) is part of the Cambridge English suite and is targeted at a high level (IETLS 6.5-8.0). It is an international English language exam set at the right level for academic and professional success. Developed by Cambridge English Language Assessment - part of the University of Cambridge - it helps you stand out from the crowd as a high achiever. 80 (Grade A) TOEFL paper-based test score : 627 TOEFL iBT® test: 107 IMPORTANT NOTE: Since April 2014 the ETS tests (including TOEFL and TOEIC) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa. The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.

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.