Harry Potter director Mike Newell's Charles Dickens adaptation will bring the curtain down on this year's film event when it holds its European premiere on October 21 at the Odeon Leicester Square.
Newell said of Great Expectations's closing night slot: "It's a great honour to be invited to be the BFI London Film Festival's Closing Night film. I'm proud that our new version of Great Expectations should be presented this year, the bi-centenary of Dickens's birth.
"I've tried to make a film that is true to the theatrical vividness, energetic characters and high colour that he is loved for, while mining the deep seams of emotional cruelty and madness that underlie one of Dickens's darkest-shadowed stories.
"I've tried to make a film for a young modern audience in which Pip and Estella's fated love affair is shown through feelings and stresses that are of today and in a city that was, then, full of brawling energy, was unimaginably wealthy and very bad."
"Visually ravishing and rippling with immediacy, this new adaptation of the classic novel, directed by Mike Newell provides a fitting conclusion to both the 56th BFI London Film Festival and London's bicentenary celebrations of the life and work of Charles Dickens," she said.
Helena Bonham Carter, Ralph Fiennes, Robbie Coltrane, Jeremy Irvine and Holliday Grainger feature in the cast for Great Expectations, which will open in UK cinemas on November 30.
Tim Burton's Frankenweenie will open the BFI London Film Festival on October 10.
Photo gallery - Great Expectations in pictures: