Hey all, thanks for your replies. To be honest, I am not completely sure of my ultimate goal. I am debating between the public and private sectors - but will probably not pursue a career in academia (or if I do, it would be much later). The main reason why I want to pursue a masters at LSE? For fun; I really enjoy economics and would like to study economics at a graduate level regardless of what career I end up at. Perhaps I'm I'm a bit young and naive, we'll see if this changes in the next 2 years. I am also not sure that I am dedicated enough to spend half a decade for a phd.