Rapid technological and informational changes, an unprecedented drive towards globalisation of the world economy and the rapid expansion of world trade are among some of the changes affecting economic development today. In this context, local and regional economies increasingly need new responses and demand specialist skills to exploit the opportunities these changes offer. The MSc Local Economic Development, accredited by the Institute for Economic Development (IED), prepares students to meet these challenges.
You will focus 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 programme 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.
You can find the most up-to-date list of optional courses for MSc Local Economic Development in the Programme Regulations section of the current School Calendar.
You must note however that while care has been taken to ensure that this information is up to date and correct, some circumstances may cause the School to subsequently change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to circumstances outside of its control. You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee places on its courses. You should visit the School's Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the Updated graduate course and programme information page.
Previous graduates are mainly working in international organisations (UN system [including ILO, UNDP, FAO], World Bank, OECD, European Union, World Trade Conference), national and regional governments, international consultancy, non-governmental organisations (NGOs), research centres and top universities. Further information about what previous students are doing can be found on our website.
Around £2 million is available annually in the form of awards from the Graduate Support Scheme (GSS). This scheme is designed to help students who do not have the necessary funds to meet all their costs of study.The standard value of GSS awards ranges from £3,000 to £10,000, depending on financial need.The intention of the Graduate Support Scheme is to support students who would otherwise struggle to come to LSE for financial reasons. The numbers of applicants in this category vary from year to year; you are encouraged to apply as early as possible because funds are limited. Your financial information will not be considered as part of your application for a place at the School.
Value of Scholarship(s)
The Graduate Support Scheme is open to all applicants.
Once you have applied for admission, you can access the Graduate Support Scheme application form via Graduate Admissions' web tracker system.
We aim to notify you of the outcome of your application at the point of an offer of admission to the School being made. Please do not contact us before you receive a formal offer of admission. If you do not receive an offer of admission, the data you have submitted will be destroyed.
If you have submitted an application after receiving an offer of admission, then we aim to notify you of the outcome of your application within 4 weeks of submission. Please do not contact us if it is less than 4 weeks since you submitted your application.
The School has a wide range of scholarships available for taught master's students coming to LSE from certain countries and regions of the world. Scholarships are available for LSE students from Europe, North America, South America, the Middle East, Africa, Asia and Australasia.
Value of Scholarship(s)
Value of award varies
Country of domicile, consult LSE Financial Support Office for specific criteria.
Students must complete the Graduate Support Scheme online application form, which is available on the Graduate Admissions' web tracker system once you apply for admission.
You will be automatically considered for all the scholarships for which you are eligible by completing and submitting this application form. It is therefore only necessary to complete the application form once, regardless of how many awards you would like to be considered for.