What is the tuition fee for the LSE MiM program?

The tuition fee for the LSE MiM program for 2025 entry is approximately £45,000 for the full program. Updated fees can be found on the official LSE website.

Are scholarships available for LSE MiM students?

Yes, LSE offers a wide range of need-based and merit-based scholarships, including the Graduate Support Scheme, LSE Master's Awards, and external funding options for international students.

How much does it cost to live in London while studying at LSE?

The estimated cost of living for LSE MiM students in London ranges between £1,400 and £1,800 per month, including accommodation, food, transport, and personal expenses.

Does LSE provide financial aid to international students?

Yes, international students are eligible for various scholarships and bursaries offered by LSE and external organizations. Applicants are encouraged to apply early for funding consideration.

LSE MiM Fees

Sahil Sujit

9 hours ago

3 min read

LSE MiM Fees Overview

The Master’s in Management (MiM) at the London School of Economics and Political Science (LSE) is a one-year, full-time postgraduate degree designed for ambitious graduates from any discipline. It combines rigorous academic training in core management subjects such as leadership, financial management, marketing, and strategy with practical experience through global study trips and capstone projects.

Students benefit from LSE’s global reputation, London location, and access to world-class faculty. The programme’s structure includes an introductory course, core courses in the Autumn and Winter Terms, and a compulsory international field trip, making it both academically challenging and professionally enriching.

Let's learn more about LSE MiM Fees.

Fees & Funding

As per the official LSE MiM programme page, the tuition fee for the 2026/27 intake is the same for both Home and Overseas students.

Student Type	Duration	Tuition Fee (2026/27)
Home	12 months	£42,900
Overseas	12 months	£42,900

Fee Deposit

Once you receive your offer, you must pay a non-refundable deposit of 10% of the tuition fee within six weeks to confirm your place. Details are provided on the LSE Department of Management Fee Deposit page.

What the Fee Covers

The tuition fee includes registration, examination costs, lectures, classes, individual supervision, and membership of the LSE Students’ Union.However, it does not cover:

Living expenses (housing, food, utilities)
Fieldwork and visa/immigration costs
Personal or travel costs to and from the UK

Scholarships & Financial Aid

LSE offers several scholarships and funding opportunities for MiM students through its central Fees and Funding Office. These are highly competitive and often awarded based on both academic merit and financial need.

1. Graduate Support Scheme (GSS)

One of LSE’s most popular financial aid options, the Graduate Support Scheme (GSS) provides awards ranging between £5,000 and £15,000 for students who demonstrate financial need.Applicants are automatically considered once they submit the LSE Graduate Financial Support Application after receiving an offer.

2. LSE Master’s Awards (LMAs)

The LSE Master’s Awards (LMAs) offer additional financial support for students with significant financial needs that exceed the GSS provision. These awards are often combined with GSS funding for maximum assistance.

3. Donor-Funded Scholarships

LSE administers various donor-funded scholarships such as the Anniversary Scholarships and Access to Education Graduate Scholarships that support students from under-represented backgrounds or specific regions.

4. LSE Alumni Discount

If you completed your undergraduate degree at LSE and are enrolling for a taught graduate programme, you may be eligible for a 10% tuition fee reduction. More details can be found on the LSE Alumni Benefits page.

5. Deadlines & Application

Most scholarships require submission of the Graduate Financial Support Form by April 2026 (exact date varies yearly). You are strongly encouraged to apply for funding as soon as you apply for admission to maximise your chances.

Cost of Living in London

Studying in London comes with additional living costs beyond tuition. LSE recommends that students budget approximately £1,300–£1,500 per month to cover accommodation, travel, food, study materials, and personal expenses.

Below is an estimated monthly breakdown based on guidance from the LSE Living Costs page:

Expense Category	Estimated Monthly Cost (£)	Estimated Annual Cost (£)
Accommodation	800 – 1,000	9,600 – 12,000
Food & Groceries	250 – 350	3,000 – 4,200
Local Travel	150 – 180	1,800 – 2,160
Study Materials	50 – 80	600 – 960
Personal & Misc.	100 – 150	1,200 – 1,800
Total	1,350 – 1,500	16,200 – 18,600

Additional Considerations

International Study Trip: The tuition fee includes flights, accommodation, and internal travel for the mandatory overseas field trip. However, students must cover visa fees, meals, and UK-based travel to airports.
Visa Costs: International students should account for UK student visa and health insurance fees (Immigration Health Surcharge).
Fee Status: The MiM charges the same tuition rate for both Home and Overseas students, simplifying financial planning.
Currency Fluctuations: International students paying in non-GBP currencies should consider exchange-rate variations when budgeting.

Conclusion

The LSE Master’s in Management offers a transformative learning experience, but it requires careful financial planning. With tuition fees of £42,900 and average living costs of £16,000–£18,000 per year, understanding your funding options is key.

LSE’s extensive scholarship opportunities especially through the Graduate Support Scheme and LSE Master’s Awards can help offset costs for deserving students. By applying early and managing your budget strategically, you can make the most of your LSE experience in the heart of London.