LSE graduates survive Focus on ...
The Department of
the credit crunch
Graduates from the London School of Economics and Political
Science remain in high demand by employers, earning higher
salaries than last year despite the global economic recession.
As many students throughout the world find it increasingly The average starting salary for an LSE graduate is
difficult to secure jobs in the challenging economic climate, now £29,707 six months after graduation, which is Where are they now?
LSE graduates have had outstanding success in the significantly above the UK average, with earnings Paul Volcker P3
graduate employment sector. The LSE Careers Service ranging from £159,000 to students doing unpaid
have recently contacted LSE graduates from 2007 for the internships.
Destinations of Leavers of Higher Education survey. The
The support students and graduates receive, from the top
research reveals that six months after graduation, 95.4
ranking LSE Careers Service, is second to none. They offer
per cent of those now working are in ‘graduate’ roles,
in-depth knowledge and guidance for choosing a career
compared to only 4.6 per cent who secured non-graduate
and gaining suitable experience. The LSE Careers Service
jobs, ie, those that do not require a degree. The decreased
were given the highest satisfaction rating by students of all
availability of graduate vacancies and fierce competition for
UK Careers Services in 2007-08.
each role has proven to be no obstacle for LSE graduates.
LSE graduates fill positions in a wide range of industries,
LSE is heavily targeted by employers and graduates from
with over a third entering the financial service industry LSE Visits You P4
the School are in great demand, resulting in a lower than
including banking and accountancy. Government service,
average unemployment rate amongst our graduates.
education and management consultancy account for
approximately ten per cent of LSE graduates each, with
the remainder entering legal, media or other professions
or going on to further academic study or research. Over
the past few years, there has also been a considerable
increase in the number of LSE graduates working within
charities, trusts and the voluntary sector. Some of the top
LSE graduate employers are the Civil Service, Ernst &
Young, PricewaterhouseCoopers, KPMG and Deloitte.
A degree from LSE is widely recognised internationally.
LSE has produced 29 world leaders and heads of state,
15 Nobel Prize Winners and a host of alumni who are
well known throughout the world. The research into the
destinations of LSE graduates continues to demonstrate
their employability, even within the early stages of their career.
Winner of new Students’ Centre competition announced
Dublin based practice O’Donnell & estate. The winning team will now work
Tuomey Architects have been chosen as closely with LSE and its stakeholders to
the winners of the competition to design develop and deliver the concept.
a new Students’ Centre for LSE. The
For more information, see:
centre will house the Students’ Union,
playing a vital role in enhancing the
student experience and in furthering the
School’s aim of creating a world class
The Department of Economics
The Department of Economics at LSE is one of the most successful Graduates from the
and best known economics departments in the world. It is a department have a
large and cosmopolitan department with over 50 staff and 1,000 • BSc Economics formidable range of
students and expertise in all of the main areas of economics. transferable skills,
• BSc Economics with Economic History
The department is consistently ranked in the top 20 economics
• BSc Econometrics and of political issues
departments worldwide and is very highly regarded for both
Mathematical Economics and government
teaching and research quality. The 2008 Research Assessment
policy and a strong
Exercise has recognised it as the top economics faculty in the UK,
commercial awareness. Many LSE economics graduates
with 60 per cent of the department’s research classified as world
are employed as economists in a wide range of national
leading and a further 35 per cent being deemed internationally
and international organisations, in government, international
excellent. The department was also awarded a rating of 23 points
institutions, business and finance.
out of 24 for the quality of teaching programmes by the UK Quality
Assurance Agency. For further information about the department, programmes and our
entry requirements please see: http://econ.lse.ac.uk/
Faculty are active
as policy advisors
• PhD in Economics to governmental
bodies and as
• MSc Economics editors for leading
• MSc Economics (Two Year Programme) economics
journals and nine
• MSc Economics (Research) former staff or
• MSc Econometrics and students have
Mathematical Economics been awarded
the Nobel Prize
• MSc Econometrics and Mathematical in Economics.
Economics (Two Year Programme)
• MSc Econometrics and Mathematical
2nd year BSc Economics, Singapore
Q. Why did you choose to the future of Economics is sciences schools as the
study at LSE? really exciting. student body is really active
LSE is a top ranking school and concerned about issues
for Economics and the fact Q. What’s it like studying that affect the world.
that it is in London makes in London?
it even more attractive. It’s awesome. The best Q. Where did you live in have a better idea of what I
Moreover, the international thing about London is how the first year and what was would like to get into once
population is a huge pull as connected it is to the rest it like? I have graduated. With the
I knew I would be able to of the world, with people I lived in Rosebery Hall and economy picking up, I hope
make friends from different representing different it is the best LSE hall of that by the time I graduate I
cultures and backgrounds. nationalities and cultures. The residence to live in! Everyone will be able to secure a job in
easy accessibility to Europe is just so friendly and the area the financial industry.
Q. Why did you choose and America makes travelling around the hall is great for
your course? around the world really easy grocery shopping, catching Q. Do you have any
Economics is a course which and inexpensive. a movie and hanging out at a advice for prospective
is alive. It is so relevant and pub. The friends that I made LSE students?
applicable to the world Q. What’s the best thing in the hall are really the ones Enjoy the opportunities that
around us and Economics about being a student who saw me through my LSE and London brings and
at LSE is taught in a more at LSE? highs and lows throughout widen your horizon, travel the
practical manner which is The lively student body where my first year at LSE. world, meet and know more
preparing me for working everyone has an opinion and people outside of your usual
life. Economics is also my where you get to discuss Q. What are your future social circle. Step out of your
passion as the subject itself a whole range of issues plans after completing your comfort zone and you will be
is always changing and with fellow LSE students is Undergraduate Degree? surprised by the experiences
evolving especially with the something that stood out Work. But before that maybe you will have!
recent financial crisis. I think for me. This is what makes a bit of travelling. After going
LSE one of the best social through one year at LSE, I
Ask your own questions to current LSE students through our Email a
At LSE all new students, both undergraduate and postgraduate, are encouraged
to get involved with student life and are introduced to this during the ‘Orientation
Festival’ held at the start of term.
Orientation Festival is organised by the LSE Students’ Union (LSESU) any number of LSE clubs and societies and make new friends with
and takes place over a two week period. The festival is specifically similar interests in the process. You can meet current club and society
designed for new students and is full of activities, parties and events members on the various stands at the fair and find out which ones
that are sure to cater to all tastes. Highlights from last year include a are most suitable for you. There are a plethora of clubs and societies
village fete, live music, a silent disco, an international film festival, a including the Economics Society, the Athletics Union, the Swing
sports day and a non-alcoholic ‘unwind’ party. Dance Society, the Bulgarian Society, the Drama Society and the
Entrepreneurs Society. LSE has over 160 different societies and clubs
However, perhaps the most important event of the festival is the
but if nothing takes your fancy then you and your new friends can start
‘Freshers’ Fair’. This two day event gives students the chance to join
WHERE ARE THEY NOW?
Born in New Jersey, USA, Paul Volcker was a Rotary Today, Paul Volcker is
Foundation Fellow at LSE from 1951 to 1952 after an Economic Advisor for
completing his undergraduate studies at Princeton President Barack Obama
University and a Masters degree at Harvard University. and joins several other LSE
alumni on Obama’s team
After several years working as an Economist for the in his role as chairman of
Federal Reserve Bank and Chase Manhattan Bank, the newly formed Economic
Volcker joined the US Treasury Department and was Recovery Advisory Board.
subsequently appointed Chairman of the Federal Reserve
Bank by Presidents Jimmy Carter and Ronald Reagan
from 1979 to 1987.
Find out more about prominent LSE alumni: www.lse.ac.uk/alumnirelations
LSE Application Guide
Undergraduate Applications Postgraduate Applications
Applications must be made via the Universities and Colleges Applications should be made directly to LSE through the
Admissions Service (UCAS) at www.ucas.com Graduate Admissions website.
Application Details Application Details
You can apply to a maximum of five university courses with one You can apply to a maximum of two LSE courses with one
application. We recommend that you apply for no more than application. We recommend that you apply to two similar courses.
two similar LSE courses.
You will need to include a transcript from your bachelors degree,
You will need to include your academic results so far (and/or) the Personal Statement (between 1,000 and 1,500 words), two
predicted results), the Personal Statement (maximum 4,000 academic references and additional test scores if required (such
characters) and a reference from your school or college. You as GMAT or GRE). You may be required to prove your English
may be required to prove your English language ability if your language ability if your first language is not English.
first language is not English.
When to apply
When to apply The opening date for the receipt of applications for admission in
The UCAS opening date for the receipt of applications for October 2010 is 12 October 2009.
admission in October 2010 is 1 September 2009.
Only a limited number of programmes have deadlines by which
The last date for the receipt of applications to LSE to qualify for you should apply. Decisions are mostly considered on a rolling
full and equal treatment is 15 January 2010. basis but you should apply early in the application cycle.
For more information about undergraduate programmes at LSE, For more information about graduate programmes at LSE, entry
entry requirements and applying, please visit: requirements and to apply, please visit:
Student service at www.lse.ac.uk/studentrecruitment/emailastudent 3
LSE Visits You
Meet a member of staff from the
LSE Student Recruitment Office
in your hometown…
The LSE Student Recruitment Office happy to talk to students about the
provides an information and advice UK Higher Education system as well What’s going on
service for any prospective students as offering more detailed information
who are interested in studying at LSE. about our own programmes, degree Autumn/Winter 2009-10
subjects and departments.
With a student body from over 140 LSE Visits You
different countries, LSE is one of the Staff from the Student Recruitment UK Visits
most diverse universities in the world. Office give talks at schools, colleges Undergraduate Events
The Student Recruitment Office and universities across the world to Various school/college visits throughout the UK.
aim to maintain this cosmopolitan inform large groups of prospective
atmosphere by continuing to attract students about LSE and we are Postgraduate Events
the best students from all around happy to welcome groups to the London Edinburgh Leeds
the world to study at the School. By School if they would like to visit us. Manchester Birmingham
making regular visits to countries in
Europe, Africa, Asia and North and Take a look at the ‘What’s going Overseas Visits
South America, staff in the Student on’ column or on the ‘LSE Visits
September – October
Recruitment Office can personally You’ webpage to find out if we
Brazil Chile Turkey
meet prospective students and offer will be visiting you in the
coming months! Norway Kenya Canada
them guidance and advice about
USA Spain Greece
applying to LSE. We are always
Russia France Italy
Graduate Open Evening November – December
Wednesday 4 November 2009
Canada USA Switzerland
Wednesday 4 November 2009 Egypt South Africa Lithuania
Germany Poland India
Interested in postgraduate study?
January – February
Find out more about LSE graduate programmes and research by
Japan South Korea Cyprus
attending our open evening. The event will give you the opportunity
to visit LSE, meet academic staff and current LSE students and find Taiwan Belgium Indonesia
out about application procedures, financial support and careers. Ireland Mauritius Vietnam
Advance booking is essential.
Further information and online booking is available on our website.
Singapore Malaysia Mexico
Student Ambassadors run campus tours during
half term weeks only on Monday, Wednesday
and Friday afternoons. Please see the website for
Pick up a copy of the self-guided tour, the
LSExplorer, from the Student Services Centre or
download from our website.
Email a Student
Contact: LSE Student Recruitment, Houghton Street, London WC2A 2AE Get in touch with current LSE students through
The London School of Economics and Political Science is a School of the
University of London. It is a charity and is incorporated in England as a For more information about all of the above, please
company limited by guarantee under the Companies Acts (Reg No 70527). visit the student recruitment website:
PUBLISHED BY: LSE Student Recruitment
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