Abhyank Srinet 
The LSE MFin fees for 2027/28 are approximately ₹67 lakh (£53,600) for the 10-month full-time MSc Finance programme at the London School of Economics and Political Science (LSE). Tuition is the same for UK and international students. LSE estimates monthly living expenses at around ₹1.94 lakh (£1,550), bringing the estimated tuition and living costs to ₹86.38 lakh (£69,100) for 10 months, excluding visa fees and travel. Students must also pay a 15% tuition deposit, which is adjusted against the total fee. Scholarships and financial support are available for eligible applicants.
Introduction
The LSE MFin fees for 2027/28 are approximately ₹67 lakh (£53,600) for the 10-month full-time MSc Finance programme. LSE charges the same tuition fee to home and international students. Living costs, travel and visa expenses are additional.
For Indian applicants, the bigger question is how much the degree costs in total. This guide explains tuition, deposits, London living expenses, scholarships and the budget to prepare before accepting an offer.
What Are the LSE MFin Fees for 2027/28?
The official LSE MSc Finance tuition fees for students entering in 2027/28 are approximately ₹67 lakh (£53,600). This is the programme fee for both UK and overseas students. It covers teaching and academic services, but not accommodation, food, travel or other living expenses.
| Fee component | Amount (INR first) | What it means |
|---|---|---|
| Full tuition | ₹67 lakh (£53,600) | Same fee for home and overseas students |
| Initial 10% deposit | ₹6.70 lakh (£5,360) | Part of tuition, where the split-deposit schedule applies |
| Further 5% deposit | ₹3.35 lakh (£2,680) | Part of tuition, where the split-deposit schedule applies |
| Total 15% deposit | ₹10.05 lakh (£8,040) | Credited toward the total tuition |
| Tuition remaining after deposit | ₹56.95 lakh (£45,560) | Remaining programme fee, subject to LSE payment instructions |
These figures apply to MSc Finance (full-time), not the separate MSc Finance and Economics course. See LSE's official programme page for the fee and latest payment conditions.
How Much Does LSE MSc Finance Cost in Total?
Using LSE's broad living-cost guide of approximately ₹1.94 lakh (£1,550) per month, a 10-month budget comes to approximately ₹19.38 lakh (£15,500). Together with tuition, the indicative tuition-plus-living budget is ₹86.38 lakh (£69,100), before visa fees, flights and other personal costs.
Tuition and living costs for Indian students
| Expense | Estimated amount | Basis |
|---|---|---|
| Tuition | ₹67 lakh (£53,600) | Official 2027/28 fee |
| Living expenses per month | ₹1.94 lakh (£1,550) | LSE's broad planning estimate |
| Living expenses for 10 months | ₹19.38 lakh (£15,500) | 10 × monthly estimate |
| Tuition + 10-month living budget | ₹86.38 lakh (£69,100) | Calculated estimate, not an LSE invoice |
| Student visa application | Approx. ₹69,750 (£558) | UK government application fee; exchange-rate estimate only |
| Other costs | Variable | Healthcare surcharge, flights, exchange charges and settling in |
LSE MSc Finance living expenses in London will depend heavily on housing choices and lifestyle. LSE's general guide is a starting point, not a promise that everyone can live comfortably on the same amount. Review the school's London budgeting guidance before deciding how much to borrow.
What is not included in the estimate?
Allow extra money for accommodation deposits, flights, visa-related healthcare charges, mobile and household setup costs, and emergencies. If you arrive before your course begins or remain in London after it ends, budget for those additional months separately.
What Is the LSE MSc Finance Tuition Deposit?
The LSE MFin fees include a non-refundable deposit equal to 15% of tuition, or approximately ₹10.05 lakh (£8,040). For offers received by 30 April 2027, LSE splits this into a 10% instalment due within 28 days of the offer and a 5% instalment due by 1 June 2027.
Deposit deadlines for later offers
For offers received from 1 May 2027, the full 15% is due together. LSE lists payment deadlines of 21 days for May offers, 14 days for June, seven days for July and three days for August. The deposit is subtracted from tuition; do not count it twice in your total cost.
Deposit Amount and Payment Structure
The LSE MSc Finance tuition deposit is 15% of the total programme fee, approximately ₹10.05 lakh (£8,040) for the 2027/28 intake. Students receiving offers by 30 April 2027 must pay 10%, approximately ₹6.70 lakh (£5,360), within 28 days of receiving their offer. The remaining 5%, approximately ₹3.35 lakh (£2,680), is due by 1 June 2027. This deposit is non-refundable and counts toward the total tuition fee.
How to Pay the LSE MSc Finance Deposit
Students can pay the LSE MSc Finance deposit through the university's Student Payment Portal. Payment instructions and deadlines are provided in the admission offer communications from the Department of Finance. Indian applicants should arrange funds early and account for currency conversion charges to avoid missing the payment deadline.
Is the LSE MSc Finance Deposit Refundable?
The LSE MSc Finance deposit is generally non-refundable and cannot be transferred to another programme. However, LSE may consider refunds in exceptional circumstances, such as a visa refusal or failure to meet academic offer conditions despite reasonable efforts. Students must submit supporting documents, and approved refunds may be subject to an administration fee of ₹31,250 (£250).
What Scholarships Are Available for LSE MFin?
LSE offers competitive financial support for MSc Finance students, including needs-based assistance and Department of Finance awards. Eligibility, award value and selection method differ, so do not treat a scholarship as guaranteed when calculating affordability.
LSE MSc Finance scholarships and funding
| Funding option | Who should check it? | Key detail |
|---|---|---|
| Graduate Support Scheme | Applicants with demonstrated financial need | Needs-based; funding application required after receiving an offer |
| Women in Finance Scholarship | Eligible female MSc Finance applicants | Up to approximately ₹31.25 lakh (£25,000) toward tuition |
| Antoine Faure-Grimaud Scholarships | Eligible full-time MSc Finance applicants | Departmental funding assessed using merit and financial need; award availability varies |
| Other regional or external awards | Applicants meeting particular award criteria | Check individual eligibility and separate deadlines |
For the 2027/28 cycle, LSE lists 22 April 2027 as the deadline for its needs-based graduate funding application. Departmental awards may be considered on a rolling basis. Verify conditions on LSE Department of Finance scholarships and funding and the programme page.
Do not confuse funding for MSc Finance with scholarships restricted to MSc Finance and Economics, which is a different degree.
How Can Indian Students Finance LSE MSc Finance?
Indian students typically need a funding plan combining family savings, scholarships and, where suitable, an education loan. Start with the full tuition-plus-living estimate rather than borrowing only for the published course fee.
Practical financing options
- Scholarships: Apply for eligible LSE awards before their deadlines and keep supporting financial records ready.
- Education loans: Compare secured and unsecured loan terms, interest, moratorium, collateral, forex fees and disbursement timing.
- Family and personal savings: Reserve enough liquid money for deposits and early London expenses.
- Contingency buffer: Plan for currency movements, a longer housing contract and unplanned costs.
For more information on the programme itself, review our LSE MSc Finance admission and programme guide.
Is LSE MSc Finance Worth the Cost?
The answer depends on your intended finance role, the amount you need to borrow and where you plan to work after graduation. The MSc Finance programme supports careers in investment banking, asset management, consulting and wider financial services, but admission does not guarantee a job or a specific starting salary.
How to evaluate the return on investment
Compare the total amount borrowed with realistic after-tax earnings, repayment obligations and the cost of living in your preferred country. Consider interest during study, currency risk and the possibility that your first job search takes longer than expected. Use LSE's own employer and career information rather than treating an unverified salary estimate as an official programme average.
Students weighing other management degrees can also compare the LSE MiM fees and funding guide, while remembering that the management and finance programmes serve different academic and career goals.
What Should Indian Applicants Budget Before Applying?
Alongside the LSE MFin fees, Indian applicants should check visa costs, financial evidence requirements and the timeline for paying the deposit. LSE's general spending estimate is different from the maintenance amount used for student visa evidence.
Visa funds and financial planning
LSE states that from 30 November 2026, the Student visa living-cost evidence requirement will rise to approximately ₹1.96 lakh (£1,570) per month, capped at nine months: approximately ₹17.66 lakh (£14,130). This is a visa financial-evidence rule, not the estimated cost of living for the full course. Specific rules depend on the applicant's situation and when they apply.
The UK Student visa application fee is approximately ₹69,750 (£558), before the immigration healthcare surcharge and other costs. Check the official UK government and LSE immigration guidance before making payments or submitting evidence.
A simple pre-application checklist
- Confirm the 2027/28 tuition amount in the offer letter.
- Keep the deposit ready, allowing for exchange-rate changes.
- Build a month-by-month London living budget.
- Check scholarship deadlines before accepting funding assumptions.
- Review visa evidence rules and any loan disbursement conditions.
- Check the LSE MFin programme overview for admissions and career details.
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Conclusion
Understanding the LSE MFin fees is the first step toward a sensible study-abroad budget. Compare tuition with living expenses, funding options and your long-term career plans before deciding how to finance the programme.
