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Key Takeaways – LSE MIM Fees
💰 Tuition Fee: LSE MIM tuition fee is £41,000 for the 2025–26 intake.
🏠 Living Costs: Students should budget £1,400–£1,600 per month for living in London.
🎓 Scholarships: The Graduate Support Scheme awards £5,000–£15,000, plus external funding options.
💳 Loan Options: UK postgraduate loans, home-country education loans, and international loan schemes help manage costs.
📈 Salary & ROI: Graduates earn a median salary of £38,000 within 15 months of graduation.
The LSE Master in Management (MiM) is ranked among the top management degrees in the UK, designed for students aiming for leadership roles in global companies. The LSE MIM fees for 2025 are £41,000, with living costs in London between £1,400–£1,600 per month. Scholarships and loan options are available to help reduce the financial pressure and make studying at LSE more accessible. In this blog, we cover everything about fees, living costs, scholarships, and loan options in detail..
LSE MIM Tuition Fees
![Breakdown of LSE MiM Fees]()
The LSE MIM tuition fee for the 2025–26 intake is £41,000. This is the amount you’ll need to pay for the program itself, which covers your classes and access to campus resources.
For most students, this number can feel overwhelming at first. But it helps to remember that this is the standard cost for a top business school in London. What matters more is how you plan around it. Apart from tuition, you’ll also need to set aside money for your visa, health insurance, and everyday living in London. Thinking about these costs together gives you a clearer picture of what studying at LSE will actually mean for your budget.
| Expense |
Amount |
| Tuition Fee |
£41,000 |
| Living Expenses |
£1,400–£1,600 per month |
Many students start preparing early by exploring scholarships, external funding, or even education loans to manage the fees. Having a clear idea of the total expense right from the start makes the financial journey smoother and less stressful.
Living Costs in London for LSE MIM Students
![Living Expenses in London for LSE MiM Students]()
💰 Total Cost of LSE MIM: The overall cost of studying the LSE MIM is around £57,000–£60,000 per year, which includes tuition fees (£41,000) and estimated living costs (£1,400–£1,600 per month) in London.
Studying in London is exciting, but it also means planning carefully for day-to-day expenses. LSE suggests that students should keep a budget of £1,400–£1,500 per month, which usually covers accommodation, food, transport, study costs, and personal needs. Depending on your lifestyle and housing choice, this can go up to around £1,600 per month.
Here’s a breakdown of what you can expect:
- Accommodation: LSE halls start at £100 per week for a shared, self-catered room. Private flats or centrally located halls can cost more, especially with added facilities.
- Food & Groceries: Cooking at home is budget-friendly, while eating out in London adds up quickly. Plan around £200–£300 per month if you mostly cook.
- Transport: A student Oyster card makes travel affordable. Expect £100–£150 per month depending on the zones you travel through.
- Utilities & Personal Expenses: Laundry, phone bills, study supplies, and leisure can come to about £150–£200 per month.
- Miscellaneous Costs: One-time expenses like deposits, visa fees, or setting up your room can increase costs in the first few months.
While London is on the expensive side compared to other European cities, careful budgeting, student discounts, and shared living can make it manageable.
Estimated Living Costs for LSE MIM Students
| Expense Category |
Average Monthly Cost |
Notes |
| Accommodation |
£430–£800+ |
LSE halls start at ~£100/week; private flats in central London cost more. |
| Food & Groceries |
£200–£300 |
Cheaper if cooking at home; eating out increases costs. |
| Transport |
£100–£150 |
With a student Oyster card; depends on travel zones. |
| Utilities & Personal |
£150–£200 |
Covers laundry, phone, internet, study materials, and leisure. |
| Miscellaneous/One-off |
£200+ |
Includes visa, deposits, and initial setup costs. |
| Total Estimate |
£1,400–£1,600 |
Official LSE guidance for overall monthly living costs. |
Get to know more in detailed, yuo can visit here: Fees & Funding | LSE Master's in Management
Scholarships & Financial Aid for LSE MIM Fees
![Scholarships and Financial Aid Opportunities at LSE]()
To help offset the overall LSE MiM fees, LSE offers various scholarships to support students. The Graduate Support Scheme awards £5,000–£15,000 based on financial need. Merit-based scholarships, like the Graduate Merit Awards, recognize academic excellence with awards of £5,000–£10,000.
| Scholarship/Funding |
Eligibility |
Award Amount |
Deadline |
| Graduate Support Scheme |
Financial need |
£5,000–£15,000 |
April (varies annually) |
| Graduate Merit Awards |
Academic excellence |
£5,000–£10,000 |
February–March |
| Chevening Scholarship |
Leadership & merit |
Covers tuition & expenses |
November |
| External Grants (e.g., Inlaks) |
Country-specific criteria |
Varies |
Varies |
Loan Options for LSE MIM Students
![Loan Options for LSE MIM Students]()
Paying for the LSE MiM can feel like a major financial commitment, and it’s normal for students to look for extra support beyond scholarships. Loans play an important role here, giving you the option to spread costs over time rather than covering everything upfront. With different loan options available depending on your background and home country, many students combine loans with scholarships or savings to make studying at LSE more manageable.
- UK Postgraduate Loan: Students from the UK (and in some cases the EU) may be able to apply for a government loan that supports both tuition and living expenses.
- Home Country Loans: Many students look at loan schemes in their own country. These can be government-backed or offered by local banks, and often come with flexible repayment options.
- International Student Loans: For students from the U.S., Canada, and other regions, there are loan programs that can be used while studying at LSE. These may cover tuition only, or both tuition and living costs, depending on the scheme.
It’s always best to compare your options carefully—look at interest rates, repayment terms, and whether the loan covers just fees or your day-to-day costs too. Most students find that combining a loan with a scholarship or personal savings makes studying at LSE more manageable.
Is the LSE MIM Worth the Fees? Salary & ROI Explained
![ROI: Career Prospects Post-LSE MiM]()
Investing in the LSE MiM is a big decision, and students often wonder is the LSE MiM worth it when they look at the overall fees. With tuition at £41,000 and additional living expenses, the cost is high, but the program’s career impact is clear. According to official data, graduates report a median salary of £38,000 within 15 months of graduation, which is strong for early career professionals. On top of that, students gain access to top recruiters and industries that offer solid salary growth over time.
| Metric |
Details |
Notes |
| Median Salary |
£38,000 (15 months post-graduation) |
Official HESA Graduate Outcomes survey |
| Top Employers |
Deloitte, Accenture, Amazon, BCG, Goldman Sachs |
Major recruiters of graduates |
| Popular Sectors |
Consulting, Accounting, FMCG, Finance, Digital/Tech |
Leading career paths |
Source: the Official HESA Graduate Outcomes survey page
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Conclusion
The LSE MIM fees may seem like a major investment at first, but the value of the program goes beyond just the cost. With clear details on tuition, living expenses, scholarships, and loan options, students can plan their finances with confidence. The program’s strong employer connections, solid starting salaries, and long-term career growth show that the degree offers both quality education and real career impact. For students who want to study in London and build an international career, the LSE MiM stands out as a smart choice.
Does LSE offer payment plans for MiM fees?
Yes, LSE allows students to pay their tuition fees in installments. Typically, students can split the fees into two payments—one due at the beginning of the academic year and the second midway through the year. Details of payment plans are available on the official LSE Fees and Payments portal.
What payment methods are accepted by LSE?
LSE accepts multiple payment methods, including bank transfers, debit/credit cards, and online payment platforms. Students are encouraged to confirm the specific payment instructions outlined by LSE.
Are there penalties for late fee payments?
Late payments may incur additional charges or penalties. It is crucial to adhere to payment deadlines to avoid any disruption in enrollment or access to LSE facilities.
What are the LSE MIM fees for 2025?
The LSE MIM fees for the 2025–26 intake are £41,000. This covers tuition, teaching, and access to campus resources. Students should also budget for living costs in London, which average £1,400–£1,600 per month.
Does LSE offer scholarships for the MIM program?
Yes, LSE offers scholarships such as the Graduate Support Scheme, which provides need-based awards ranging from £5,000 to £15,000. Students can also apply for external scholarships and country-specific funding options.
What is the average salary after the LSE MIM?
According to official data, the median salary for LSE MIM graduates is £38,000 within 15 months of graduation. Many students join top firms in consulting, finance, and technology, where salaries often increase quickly with experience.
Is the LSE MIM worth the fees?
Yes, the LSE MIM is considered worth the fees by many students. While tuition is £41,000 plus living costs, graduates benefit from strong career support, access to top recruiters like Deloitte, BCG, and Amazon, and long-term salary growth across leading sectors.
