Hi,
well, students under the UoL external programme can transfer, but they need to meet the minimum entry requirements.
The minimum entry requiremnets are passes in all four subjects of the diploma in economics with an average over sixty. That is a tall ask, considering the standard that is set, but not impossible, and with a dint of hard work you could get there. LSE external study does give a full scholarship to a malaysian student who secures distinction in the diploma in economics to transfer into the 2nd year of LSE