MSc Development Management (Political Economy)

Development is not just about increasing growth and political and social rights. It’s about creating self-sustaining institutions that liberate societies from low-level deprivation traps by increasing productivity, freedom, and cooperative interdependence. The MSc in Development Management gives you the theory and practical tools to drive such transformations forward by enabling you to understand why some societies have succeeded and others have failed.

The programme is built around a theory-led approach to the role of institutions and organisations in development, using both classical institutional theory and the new institutional economics. We go very deeply into the role of institutions in explaining the comparative statics of development (why some countries are rich and others poor), as well as comparative dynamics (the development process per se across different countries and regions).

Students pursuing the Political Economy stream focus on the political determinants of economic development in their optional courses and dissertation.

A distinctive feature of the programme is the Development Management Project, a team-based consulting exercise for real-world, public, private, and non-profit organisations, such as the World Bank, Oxfam, PricewaterhouseCoopers, GIZ, CARE, DFID, Save the Children, UNICEF, or the Emerging Markets Group.

Learn more about the other stream of this programme:

• MSc Development Management (Applied Development Economics)

Formed in 1990, our department provides a focus for postgraduate teaching and research on the processes of social, political and economic development and change.

We’re proud of LSE’s reputation as one of the top universities in the world for development studies. Our academics and researchers explore the causes of poverty, social exclusion, economic stagnation, humanitarian crises and human security. We look at why and how some late developing countries have succeeded in overcoming these problems while others have not or have seen their progress derailed by disasters and conflicts.

Currently, we offer four taught MSc programmes and a stimulating research programme – with research projects across Asia, Africa, Latin America and the Middle East.

Teaching staff, who have considerable experience living and working in the developing world, engage in policy-relevant research and consultancy with international development agencies and non-government organisations. Research within the department spans several broad themes.

Our study programmes attract talented students from all over the world. Graduates find rewarding careers in a wide variety of government, non-government, UN, academic and private-sector organisations.

Department of International Development

We welcome applications from all suitably qualified prospective students. At LSE, we want to recruit students with the best academic merit, potential and motivation, irrespective of background.

We carefully consider each application and take into account all the information included on your application form, such as your:

• academic achievement (including predicted and achieved grades)
• statement of academic purpose
• two academic references
• CV.

See further information on supporting documents.

You may need to provide evidence of your English language proficiency. See our English language requirements.

Please note: The applications, intake and ratio values below relate to the MSc Development Management.

Applications for this programme are considered on a rolling basis. This means that applications will close once the programme is full.

There is no fixed deadline. However, if you’d like to be considered for any funding opportunities, you must submit your application (and all supporting documents) by the funding deadline. See the fees and funding section below for more details.

For this programme, the tuition fee is different for home and overseas students depending on their fee status.

For this programme, the tuition fee is different for home and overseas students depending on their fee status.

All taught courses are required to include formative coursework which is unassessed. It's designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. All full-unit courses are assessed by three hour unseen examinations in the Spring Term. Half-units are assessed by two hour unseen examinations. Some of the half-unit optional courses also have group/individual project work as part of the assessment. An indication of the formative coursework and summative assessment for each course can be found in the relevant course guide.

The analytical skills developed here have secured past graduates promising careers in organisations as diverse as central banks, NGOs, multilateral organisations, charities, investment banks, government, consultancies, manufacturing firms and religious missions, and as independent experts and writers.

Further information on graduate destinations for this programme

From CV workshops through to careers fairs, LSE offers lots of information and support to help you make that all-important step from education into work.

Many of the UK’s top employers give careers presentations at the School during the year and there are numerous workshops covering topics such as job hunting, managing interviews, writing a cover letter and using LinkedIn.

See LSE Careers for further details.