Master's in Management

About the MSc programme

This two-year Masters in Management (MiM) offers graduates excellent employment opportunities in business, industry and consulting. The programme is designed to advance students to management careers in a variety of sectors and organisations.

The first year provides an integrative and multidisciplinary grounding in the fundamentals of management. Courses in managerial economics, finance and quantitative methods provide rigorous training in the analytical skills needed for business. Students also take courses which develop their understanding of organisational behaviour, economic and political institutions, and therefore of the context in which institutional and global business managers must operate. Second year courses include strategy, a business project and a dissertation. Throughout the first and second years, students can study a wide range of courses offered by leading departments across the School. This choice enables students to choose between a broader perspective of management, one suitable for a prospective management consultant, or a specialisation in a particular area of interest; for example globalisation, the world economy, finance or many more.

Students also seek and secure a summer internship, and have the opportunity to take an exchange term abroad – either via CEMS or the new MiM Exchange.

The degree is intended for students coming from undergraduate programmes in any discipline who seek to accelerate their career options. Work experience is a strong advantage but not an absolute requirement. We accept students of the highest intellectual quality from a broad spectrum of academic backgrounds which might include natural sciences, engineering or the humanities. Although there are no specific academic prerequisites, the programme does require a readiness to engage with quantitative concepts and modes of analysis. Students who have not taken statistics courses as part of their previous degree will be required or recommended to attend a two-week pre-sessional course in September.

Students can expect to receive at least 305-365 contact hours during the programme, depending on the route chosen.

Features of the programme include:

• Integrative and multidisciplinary approach: The programme will teach the essential elements of management. Students take compulsory courses in managerial economics, organisational behaviour, the foundations of management, quantitative and qualitative analysis as well as strategy, organisations and innovation.
• The LSE experience: Students may select courses in order to take a broad approach to management or choose to specialise in an area of
  interest.
• Professional Development Programme (PDP): A customised professional career development programme to ensure students achieve the best possible internships and employment prospects, as well as a strong personal career path in management.
• Internship: Students seek internships for the summer break after year one, allowing them to sample a particular industry or company. Internships may also lead to full-time career opportunities.
• CEMS Global Alliance in Management Education: The opportunity to combine the programme with the CEMS Master's in International Management (CEMS MIM) degree to earn two degrees.
• MiM Exchange: Option to study abroad at a prestigious business school in Asia, Europe or North America.

CEMS Master's in International Management (CEMS Global Alliance in Management Education)

Students have the option to combine the programme with the Financial Times top-ranked CEMS Master's in International Management (CEMS MIM) degree, which includes a term abroad at a CEMS partner school, as LSE is the sole CEMS partner school in the United Kingdom.

CEMS is a strategic consortium of almost 30 member schools from 4 continents, over 60 corporate partners, NGO social partners and over 6,000 alumni which was founded in 1988. The CEMS Master's in International Management (CEMS MIM), the world's first supra-national MSc degree, provides top-level international business education and professional experiences for multilingual, multicultural graduate students capable of working anywhere in the world.

Students interested in taking advantage of the CEMS route apply formally after they complete their first term at LSE. See www.cems.org| or the Department of Management |website for more information about the CEMS curriculum

MiM Exchange

Students can also take advantage of the opportunity to combine their programme with an exchange term abroad at one of a select list of prestigious business schools in Asia, Europe or North America; including the Johnson School of Management at Cornell University, HEC Paris, the School of Economics and Management at Tsinghua University and Fudan University School of Management. Students interested in taking advantage of this route apply formally after they complete their first term at LSE.

Year one

Compulsory courses

(* half unit)

• Managerial Economics*
• Organisational Behaviour*
• Foundations of Management
• Quantitative Analysis in Management* †
• Qualitative Analysis in Management*

† Students who have already taken statistics at university level covering quantitative analysis can choose a half unit course from:

• Techniques of Operational Research*
• Applied Regression Analysis*
• Multivariate Analysis and Measurement* 

Options

Choose to the value of one full unit from:

• Global Political Economy and Development I*
• Global Political Economy and Development II*
• History and Theory of European Integration* 
• Globalisation, Gender and Development
• International Political Economy* 
• Theories and Concepts in Media and Communications (Media and Power)*
• Theories and Concepts in Media and Communications (Processes of Mediation, Identity and Change)*
• Open Innovation*
• European Models of Capitalism*
• Patterns of Economic Integration in Europe*
• Concepts in Political Economy*
• The Political Economy of Transition and EU Accession in Eastern Europe*
• Globalisation and Democracy* 
• Comparative Employment Relations and Human Resource Management*
• International Political Economy of the Environment
• Economic Diplomacy*
• Politics of Money in the World Economy* 
• Comparative Political Economy* 
• The Future of the Multinational Firm*
• Finance I* 
• Leading Entreprenurial Organisations in Global Markets*
• Global Business Management* 
• An outside option (with approval)

Students will have the opportunity to undertake an internship of around ten weeks, normally during the summer vacation in their first year.

Year 2

Compulsory courses

• Cross Cultural Management* (compulsory for CEMS only)
• Strategy, Organisation and Innovation*
• Dissertation*

Options

Choose a total of three full units (CEMS: one half unit, MIM Exchange: one full unit) from the following:

• Accounting, Strategy and Control*
• Accountability, Organisations and Risk Management*
• Management of Human Resources: Strategies and Policies*
• Financial Reporting and Management: Management Accounting, Strategy and Control*
• Financial Reporting and Management: Financial Reporting*
• Applied Corporate Finance* 
• International Marketing: A Strategic Approach*
• The Future of the Multinational Firm*
• Thinking Strategically* 
• Finance I*
• Advanced Behavioural Decision Making*
• Operations Management* 
• Innovating Organisational Information Technology* 
• Strategy for the Information Economy* 
• Finance II* (Finance I is a prerequisite for this course)
• International and Comparative Human Resource Management*
• Negotiation Analysis*
• Incentives and Governance in Organisations*
• Design and Management of Organisations*
• Public Management: a Strategic Approach*
• Techniques of Operational Research*
• Systems Dynamics Modelling*
• Principles of Decision Sciences* 
• Innovation and Technology Management*  
• Entrepreneurial Strategy*
• International Business and Governance*
• Personnel Economics*
• The Dark Side of the Organisation*
• Organisational Theory*
• Corporate Social Responsibility and International Labour Standards*
• Reward Systems: Key Models and Practices*
• Leadership in Organisations: Theory and Practice*
• Firms, Markets and Crises*
• Business Model Innovation at the Base of the Pyramid*
• Network Structures in Organisations and Markets*
• Behavioural Economics for Management* 
• Students may also choose an outside option (with approval) or optional courses from year one 

Please be aware that due to excessive demand popular courses may be capped, and some option combinations are likely to clash. See lse.ac.uk/courseCapping|