Film cooling in combination with regenerative cooling is presently considered as an efficient method to guarantee safe operation of liquid rocket engines having higher heat flux densities for long duration. This paper aims to bring all the research carried out in the field of liquid rocket engine film cooling since 1950. The analytical and numerical procedure followed, experimental facilities and measurements made and major inferences drawn are reviewed in detail, and compared where ever possible. Review has been made through a discussion of the analyses methodologies and the factors that influence film cooling performance. An effort has also been made to determine the status of the research, pointing out critical gaps, which are still to be explained and addressed by future generations. Keywords: Heat transfer, Liquid rocket thrust chamber, Film cooling, Cooling effectiveness