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Economics, Postgraduate Diploma

  • Application Deadline
  • 60 months
    Duration
University rank #26 (WUR) Online
The Economics programme from the London School of Economics and Political Science is suitable for graduates of any discipline who, for professional or personal reasons, wish to secure a stand-alone qualification in economics.

About

It is also ideal for those who wish to undertake postgraduate work and whose first degree is in an unrelated field. The Economics programme aims to provide a thorough grounding in the principles of economics while developing critical skills for a wide range of real world professional situations.

Prestige

The London School of Economics and Political Science (LSE) provides academic direction for this programme. LSE is regarded as an international centre of academic excellence and innovation in the social sciences.

Online support

When you register we will send you a username and password giving you access to the Student Portal. You can then access your University of London email account and two other key online resources:

The virtual learning environment (VLE)

The online virtual learning environment (VLE) provides electronic copies of all printed study materials. There are also forums that allow you to share interests and experience, and to work collaboratively with other students to solve problems and discuss subject material.

Online support materials are being developed continuously and for some courses audio-visual tutorials, recorded lectures, academic interviews and debates are available, along with self-testing activities and expert study skills advice.

Assessment

When you decide you are ready, you enter for unseen written examinations. These are set and marked by our academics to ensure your work is assessed to the same standard as College-based students at LSE. Examinations are held once a year, in May/June, at local centres in over 190 countries as well as in London. You will be charged a fee by your local examination centre (this fee will vary).

Accreditation

LSE was founded 1895 by four idealistic young Fabians for the "betterment of society". It adopted rerum cognoscere causas, which means to know the causes of things, as its motto.

The desire to bring academic expertise to bear on the problems of society motivated the founders of LSE and underpins the School's vision and strategy today.

LSE’s vision for 2011-16

  • to deliver challenging, stimulating, research led degree programmes in an environment that supports learning and develops independent thinking among our students
  • to ensure that our research and teaching remain at the forefront of the social sciences, addressing the evolving challenges of society
  • to be among the most internationally-oriented centres of social science excellence in the world
  • to extend our engagement with society across our full academic portfolio and in key regions of the world and
  • to enrol the best students from around the world to benefit from, and contribute to, the learning environment at the School.

Teaching and student experience

Students at LSE receive research-led teaching from an internationally renowned academic staff. At the heart of this is intellectual challenge. Through exposure to the latest developments in social science and to the thinking of visiting world leaders, business figures and academics in debates and public lectures, students are challenged and inspired by LSE's vision of intellectual excellence combined with real-world engagement.

LSE is currently focusing on increasing contact hours between permanent academic staff and undergraduate students; reducing postgraduate class sizes; improving teaching quality; and improving staff and student contact and student satisfaction levels in relation to the academic experience, including Library and IT services. It will also continue to improve its estate, in particular the exciting Saw Swee Hock Student Centre which opened in 2014, having already been awarded an outstanding BREEAM rating.

Research

LSE is a world leader in social science research. The School protects and encourages theoretical and "blue skies" research while promoting dynamic engagement with wider society.

The UK Research Assessment Exercise (RAE) in 2008 revealed LSE to have the highest percentage of world-leading research of any university in the country, topping or coming close to the top of a number of rankings of research excellence. LSE submitted over 90 per cent of eligible staff for assessment.

LSE is currently focusing on increasing the amount of research funding, especially from peer-reviewed external sources; learning lessons from RAE 2008; Research Excellence Framework (REF) 2014; and improving the quality of research space.

Engagement

LSE is an outward-facing university, constantly engaged with the big policy issues of the day and communities around the world. Its academics are frequently to be found in the media, commenting on issues from the global economy to the government of London. Many serve on government panels and advise international organisations, businesses and charities.

The public lectures programme at LSE embodies the School's engagement agenda and caters to the thirst for informed debate. Global leaders in politics, business and the academic world come to LSE to discuss the issues of the day. LSE also runs a prestigious executive education programme, with Summer Schools in London and Beijing offering intensive courses.

The School is committed to widening participation in higher education, through engagement with secondary schools and their pupils throughout London.

LSE promotes knowledge exchange by "translating" academic research into accessible formats and by better targeting of public lectures.

LSE will also develop our institutional partnerships overseas.

Programme Structure

Three compulsory core modules
  • Elements of econometrics
  • Macroeconomics
  • Microeconomics
Plus
  • One 300 course with the prefix EC chosen from Selection group E

Detailed Programme Facts

  • Programme intensity Part-time
    • Average part-time duration 60 months
    • Intensity Flexible
    • Part-time variant
      Flexible
  • Languages
    • English
  • Delivery mode
    Online
    • Time flexibility
      Fully structured
    • Attendance
      Regular optional meetings
    • Teacher support
      Continuous support with feedback on request
    • Student interaction
      Online group works/assignments

English Language Requirements

You need the following IELTS score:

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

    Studyportals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

Academic Requirements

You need the following GPA score:

Required score: C+
Recommended score: C+

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

To be eligible for this Graduate Diploma programme you must have:
  • An acceptable bachelor degree; or
  • an acceptable Master’s degree (or any other acceptable/appropriately accredited Level 7 award) provided this is at least 1 year full time in duration; or
  • an acceptable Level 5 or Level 6 award (such as an HND or Graduate Certificate) provided this is at least 1 year full time in duration. In addition applicants must submit evidence of at least 2 years relevant work experience.

In addition, you must demonstrate competence in Mathematics at least equivalent to UK GCSE/GCE 'O' level at grade C or above.

UK GCSE equivalents, including grade requirements can be found at Entrance Qualifications.

If you are not automatically eligible then you will be individually considered by the Admissions Panel. If not approved we will advise you on what is required to become eligible in the future. Furthermore those who are not approved for a Graduate Diploma programme are automatically considered for a full first degree (BSc) in the fields of Economics, Management, Finance and the Social Sciences (LSE academic direction).

Where possible the University will always try and advise an applicant on eligibility prior to submitting an application. However, it should be noted that such advice is not always possible unless a formal application has been submitted.
Language Requirements
The language of instruction, reading and assessment is English. To succeed on our programmes you need a good level of competence in English. If you doubt your ability in written or spoken English we advise you take a course and test in English language before enrolling on the programme.

Getting a Student Visa

This is an online programme. You can attend from the comfort of your chair! So you don't need a student visa!

Tuition Fee

  • International

    1556 GBP/year
    Tuition Fee
    Based on the original amount of 1556 GBP per year and a duration of 60 months.
  • EU/EEA

    1556 GBP/year
    Tuition Fee
    Based on the original amount of 1556 GBP per year and a duration of 60 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Funding

Sponsorship from your employer

Many students receive financial support from their own employers. As you study by distance learning you can continue with your studies while you work, and do not need to take time away from the workplace. See the employers section on our website for guidance for employers.

Other sources of funding

The level of competition for sponsorship and educational awards is extremely high, so we recommend that you investigate funding early. Do not delay in making an application as in some instances an offer of a place can be advantageous in a funding application.

There are a variety of sources of funding available, dependent on your nationality, employment and other factors. We recommend that you look at the following, although this is not an exhaustive list:

  • UK students may be eligible for a part-time tuition fee loan
  • The Aga Khan Foundation [external link] which provides a limited number of scholarships each year for postgraduate studies to outstanding students from developing countries who have no other means of financing their studies.
  • United Nations (UNESCO, FAO, UNDP, UNEP etc)
  • Bilateral Aid Agencies (SIDA, GTZ, etc)
  • European Union
  • British Council
  • UK Department for International Development / Foreign & Commonwealth Office
  • NGOs
  • Educational and other charitable trusts

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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