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Ameer Khatri MBA Consultant

London School of Economics MiF

October 10, 2023




Avg. Age

2 Yrs.

Avg. Exp.


Class Size


Months Duration

Table of Contents

What is a good GMAT score for LSE MSc Finance?

Short Answer – The average GMAT score at HEC Paris is 690 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 


Average Employment Salary after LSE MSc Finance?

The average salary at LSE for the last graduating class was £55,000. 90% of the class was employed with 3 months of graduation with majority of class going into consulting (11%), Finance (70%) and technology (9%) oriented functional roles. 

LSE is very fortunate in attracting the top recruiters in many sectors which enables the careers service to run an LSE-exclusive vacancy board full of internships, voluntary, part-time and graduate positions. In many cases, recruiters actively target our students and only choose to visit certain university campuses.

Key Employers


Employed within 3 months of graduation


Avg. Salary











€ 80,000 

Tuition Fee

€ 27,000

Living Cost


Cost of Attendance

Tuition Fees & Scholarship at LSE

The Tuition fees for LSE MSc Finance is £42,384 and an additional  £30,000 in living cost. 

The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students’ Union. This programme is eligible for needs-based awards from LSE, including the Graduate Support Scheme, Master’s Awards, Anniversary Scholarships, and Antoine Faure-Grimaud Scholarships.

Important Scholarships

Quick Overview & Rankings


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LSE Application Essays

  • Why are you applying to this program now? What is the professional objective that will guide your career choice after your MIF, and how will the MIF contribute to the achievement of this objective? (500 words)
  • What do you consider your most significant life achievement? (250 words)
  • Leadership and ethics are inevitably intertwined in the business world. Describe a situation in which you have dealt with these issues and how they have influenced you. (250 words)
  • Imagine an entirely different life from the one you lead, and what it would be? (250 words)
  • What figure do you admire the most and why? (250 words)

LSE Recommendation Ques.

  • Please provide details about the cohort to which you are comparing the applicant (e.g. students in a particular course, degree programme, year group, taught/supervised in last 5 years, other employees at a similar stage in their career) and the size of this cohort
  • What is your assessment of this applicant’s suitability for their chosen programme(s)?
  • What is your overall level of recommendation for this applicant?

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about LSE MSc Finance

LSE have a formal application process, which is centrally administered by the LSE Graduate Admissions Office. Applicants must submit a complete formal application to the Graduate Admissions Office via the online form.

Please read Graduate Admissions’ description of The Admissions Process.

The online application form and links to other required application information are on the Prospective Students page. See How To Apply and guidance on Supporting Documents.

Early application is always advised. See When to Apply / Deadlines.

On Graduate Admissions’ Available Programmes webpage, the availability status of individual programmes – i.e. Open / Limited Availability / Closed – will be displayed throughout the admissions cycle.

For MSc programmes offered by the Department of Economics, we operate a rolling admissions process, i.e. there is no specific application deadline and each MSc programme will close when it becomes full (NB: there may be a brief window of time as a programme begins to approach capacity, when the programme status may show as “Limited Availability” but sometimes a programme may transition directly from “Open” to “Closed” status). 

You are not required to submit English test scores at the point of application (although it is strongly recommended that you do so). If you are offered admission to an LSE programme, then proof of your English proficiency may be requested at that point. See Graduate Admissions’ detailed guidance on English Language Requirements for clarification on accepted tests and required scores.

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