London School of Economics (LSE) Fees 2026-27

London School of Economics and Political Science tuition for Indian students in 2026/27 runs £39,900 (INR 50.75 Lakhs) for BSc Economics and up to £51,000 (INR 64.87 Lakhs) for MSc Finance. The three most-applied Masters programmes from India are MSc Finance, MSc Management, and MSc Accounting and Finance.

• BSc Economics (top-tier UG): £39,900 per year (INR 50.75 Lakhs), fixed for all three years of the degree.
• LLB in Laws: £35,700 per year (INR 45.41 Lakhs), fixed for three years.
• MSc Finance (Full-Time, 12 months): £51,000 (INR 64.87 Lakhs), the most expensive taught Masters at LSE.
• MSc Management, MSc Accounting and Finance: £42,900 to £43,000 (INR 54.57 to 54.70 Lakhs).
• LLM Master of Laws, MSc Data Science: £39,900 (INR 50.75 Lakhs).
• Monthly Cost of Living: £1,550 (INR 1.97 Lakhs)

A one-year MSc at LSE lands between INR 77 Lakhs and INR 91 Lakhs total for tuition, London living, and UK visa costs. A three-year BSc reaches roughly INR 2.16 Crore across all three years combined.

All INR figures use 1 GBP = 127.20 INR.

Read the London School of Economics and Political Science Admissions Guide for Indian Students

London School of Economics and Political Science Tuition Fees by Programme

LSE prices each programme individually rather than by a single overseas band.

• The top-tier undergraduate fee for 2026/27 is £39,900 (INR 50.75 Lakhs) per year, and taught Masters programmes range from £39,900 to £51,000 (INR 50.75 to 64.87 Lakhs) per year.
• Undergraduate fees are fixed at the year of entry and remain unchanged for the three-year degree; Master's fees are one-off for the twelve-month programme.

LSE Undergraduate Fees for the September 2027 Intake

Overseas UG fees are tiered by programme, with quantitative and business-heavy degrees in the top tier at £39,900 (INR 50.75 Lakhs).

Cost of Living in London for Indian Students at the London School of Economics and Political Science

LSE estimates that a student in London should budget around £1,550 (INR 1.97 Lakhs) per month for all living expenses, or £18,600 (INR 23.66 Lakhs) for a 12-month Masters. This sits above the UKVI maintenance minimum of £1,483 per month for London and reflects the reality that Zone 2 to 3 rent alone consumes 55 to 60% of the monthly budget.

Source: LSE budgeting guide for students in London. Category splits derived from LSE Residential Services indicative pricing and TfL Student Oyster tariffs; total matches the official LSE figure of £1,550 per month.

London School of Economics and Political Science Scholarships for Indian Students

LSE runs two main funding streams open to Indian students, the Graduate Support Scheme (GSS) and the LSE Master’s Awards (LMAs), both means-tested. External Indian scholarships (Chevening, Inlaks, JN Tata, KC Mahindra, Aga Khan) do the heavy lifting for full or majority funding.

LSE-Administered Scholarships Open to Indian Students

Source: LSE Graduate Support Scheme; LSE PhD Studentships. Awards are allocated only to holders of a conditional or unconditional offer at the time of application.

Explore: London School of Economics and Political Science Scholarships Guide

London School of Economics and Political Science Tuition Deposit and Payment Options

LSE tuition deposits are programme-specific and are normally required to secure an offer holder's place. For the 2026/27 intake, the MSc Management deposit is 10% of the £42,900 tuition fee, or £4,290 (approximately INR 5.46 Lakhs). The MSc Finance full-time programme requires a 15% deposit, normally calculated at £7,650 (approximately INR 9.73 Lakhs), which may be collected in two instalments. Applicants should follow the exact deposit amount and deadline stated in their LSE offer and payment instructions.

The tuition deposit is credited towards the total tuition fee and is not an additional charge.

Methods of Payment

• Convera (LSE’s designated international payment provider): processes fee payments in INR through the LSE Student Portal; family and sponsor sub-portals allow parents in India to pay directly on the student’s behalf.
• Bank transfer (SWIFT / telegraphic transfer): accepted through the same Convera portal for large one-off payments; adds roughly 2 to 3% cost versus the Convera in-country rate.
• Forex card (BookMyForex, Niyo, HDFC Multi-Currency): useful for the deposit and any top-ups, since the locked-in rate can beat live SWIFT by 1 to 2%.
• Education loan disbursement: HDFC Credila, SBI Global Ed-Vantage, Axis Bank, and ICICI all disburse directly to LSE via Convera in a bulk transfer once the CAS is issued.

Steps to Pay the Tuition Fee for International Students

1. Accept the LSE offer through the Student Portal before the deadline stated in your offer letter (typically six weeks after issue).
2. Pay the non-refundable deposit (10 to 15% of the annual fee, or the flat amount named in the offer) to trigger CAS issuance.
3. Receive the CAS from LSE by email; use it to apply for the UK Student Visa.
4. Pay the balance in the instalment schedule shown on the Student Portal, typically two or three instalments across the academic year.
5. Save every Convera or bank receipt in a single folder; the UKVI visa file and any future Section 80E loan-interest deduction claim both need them.

Instalment Milestones and Full-Payment Discount

LSE splits the balance into two instalments for most Masters programmes: 50% at registration in September and 50% around the last day of January. Undergraduates and some Masters run three instalments (roughly 40% in September, 30% in January, 30% in April). Paying the full annual fee upfront does not currently attract a discount at LSE, unlike Warwick or Manchester, so the cash-flow benefit of instalments outweighs any interest saving.

Source: LSE MSc Finance programme page (15% deposit); LSE MSc Management programme page (10% deposit, £4,290); Convera-LSE partnership for payment processing.

Hidden Costs of Studying at the London School of Economics and Political Science

Hidden costs on top of the tuition and living headline typically add INR 4 to 6 Lakhs to the year-one bill. The most under-budgeted item for the September 2027 intake is the upfront IHS, which is billed with the visa application and is not part of tuition.

• UK Student Visa fee: £558 (INR 66,653) paid once at application; refunded only if the visa is refused with no processing error.
• Immigration Health Surcharge (IHS): £776 per year of visa validity, so £1,552 (INR 1.97 Lakhs) for a one-year Masters and £3,104 (INR 3.95 Lakhs) for a three-year UG, both charged upfront.
• Initial setup in London: deposit (six weeks’ rent), bedding, kitchen kit, winter clothing runs roughly £1,200 (INR 1.53 Lakhs).
• Return flights and India-side visa medicals: approx £700 (INR 89,040) for the Delhi or Mumbai to London one-way flight plus TB test, biometrics, and courier fees.
• Bank transfer margins and forex mark-up on non-Convera payments: 1 to 3% on every wire, roughly INR 40,000 to INR 80,000 over the year if not routed through Convera.
• Reading list and printing: LSE library covers 80% of core textbooks, but reserve £250 (INR 31,800) for niche titles and case-study packs on the finance and management programmes.

Budget approximately INR 4 to 6 Lakhs for first-year hidden costs on top of the tuition and living totals.

Also read: UK Student Visa Requirements for Indian Students 

Fee Saving Strategies for Indian Students at the London School of Economics and Political Science

The single most urgent fee-saving lever for the September 2027 intake is a live Chevening India application, which closes 6 October 2026 and can fully fund the year at LSE. Beyond Chevening, the following levers together can strip INR 5 to 15 Lakhs off a self-funded budget.

• Apply to Chevening in parallel with LSE: full funding worth ~INR 63 to 66 Lakhs; October 2026 deadline is non-negotiable.
• Stack LSE Graduate Support Scheme plus LSE Master’s Awards: means-tested partial grants of £5,000 to £20,000 (INR 6.36 to 25.44 Lakhs) auto-assessed from a single financial form.
• Choose the right LSE programme for your career target: LLM and MSc Data Science at £39,900 (INR 50.75 Lakhs) deliver comparable London-employer access to MSc Finance at £51,000 (INR 64.87 Lakhs) for roughly INR 14 Lakhs less tuition.
• Live in an LSE hall for Year 1: Bankside House at ~£220 per week (INR 27,984) versus £320 per week (INR 40,704) for a private Zone 2 studio saves INR 5.20 Lakhs over the 12-month PG year, and utilities plus council tax are bundled.
• Work 20 hours per week under the Student Visa: London graduate-track roles typically pay £13 to £17 per hour (INR 1,654 to 2,162 per hour), so 20 hours during term yields INR 5 to 7 Lakhs over the year toward living costs.
• Use the UK Graduate Route Visa after the Masters: the Graduate Route (the two-year post-study work visa for Masters graduates, three years for PhD) allows repayment from a London salary of £35,000 to £60,000 (INR 44.52 to 76.32 Lakhs) rather than an Indian starting salary.
• Claim Section 80E deduction on the education loan interest: deductible without cap for eight assessment years, effective INR 1.5 to 3 Lakhs of tax relief over the repayment window for a typical borrower.

See the LSE Acceptance Rate 

Is the London School of Economics and Political Science Worth the Cost for Indian Students

An INR 77 to 91 Lakh one-year Masters at LSE is financially sound when the target is a London front-office role in banking, consulting, or economic policy, where median starting salaries of £55,000 to £75,000 (INR 69.96 to 95.40 Lakhs) recover the outlay within two to three post-study years.

• For ROI the picture holds even at the top-tier BSc Economics fee of INR 2.16 Crore across three years.
• LSE reports strong post-study outcomes for its Masters cohorts, with the majority securing graduate-level roles in financial services, consulting, and public policy within six months of completion.
• The Graduate Route Visa currently in force allows Masters graduates two years of open post-study work in the UK (three years for PhD graduates), which is the mechanism most Indian students use to convert an LSE degree into a repayment-capable London salary before considering a return to India.

On loan mechanics, an INR 65 Lakh loan for MSc Finance at 10.5% over 10 years works out to roughly INR 87,000 per month EMI. Against a £55,000 (INR 69.96 Lakhs) London starting salary, take-home after UK tax and NI clears roughly £3,300 per month (INR 4.20 Lakhs), so the INR 87,000 EMI consumes about 21% of monthly take-home during the Graduate Route years, which is inside the standard 30 to 40% affordability band used by Indian lenders.

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