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{{Short description|Public university in London, England}}
{{Use British English|date=August 2017}}
{{Use dmy dates|date=October 2018}}
{{Infobox university
{{Infobox university
|name = London School of Economics and Political Science
| name = London School of Economics and Political Science
|image_name = LSE-LogoWithName.png
| image_name = London School of Economics Coat of Arms.svg
|motto = {{lang-la|Rerum cognoscere causas}}
| image_size =
| image_upright = .7
|mottoeng = "To Understand the Causes of Things"
| caption = [[#Logo, arms and mascot|Coat of arms]]
|established = 1895
| motto = {{langx|la|[[Felix, qui potuit rerum cognoscere causas|Rerum cognoscere causas]]}}
|endowment = £56.9m<ref>http://www.lse.ac.uk/collections/financeDivision/pdf/2008AnnualAccounts.pdf</ref>
| mottoeng = To understand the causes of things
|chancellor = [[HRH]] [[Anne, Princess Royal|The Princess Royal]] ([[University of London]])
| established = {{start date and age|1895}}
|director = [[Howard Davies (LSE)|Sir Howard Davies]]<ref>{{cite web |url=http://www.lse.ac.uk/collections/meetthedirector/aboutHowardDavies.htm |title=Meet the Director (LSE website)}}</ref>
| type = [[Public university|Public]] [[research university]]
|head_label = [[Visitor]]
| endowment = £255.5 million (2024)<ref name="LSE Financial Statement 23/24"/>
|head = <small>The Rt Hon</small> [[Nick Clegg]]<br/><small>As [[Lord President of the Council]]</small> ''[[ex officio]]''
| budget = £525.6 million (2023/24)<ref name="LSE Financial Statement 23/24"/>
|faculty = 1,303
| chair = Susan Liautaud<ref>{{cite web|url=https://info.lse.ac.uk/staff/divisions/Secretarys-Division/Governance/Council|title=Council|publisher=London School of Economics|accessdate=2 August 2022|archive-date=2 August 2022|archive-url=https://web.archive.org/web/20220802180233/https://info.lse.ac.uk/staff/divisions/Secretarys-Division/Governance/Council|url-status=live}}</ref>
|students = 8,810<ref name="HESA">{{cite web |url=http://www.hesa.ac.uk/holisdocs/pubinfo/student/institution0506.htm |title=Table 0a - All students by institution, mode of study, level of study, gender and domicile 2005/06 |work=[[Higher Education Statistics Agency]] online statistics |accessdate=2007-03-31}}</ref>
| chancellor = [[Anne, Princess Royal|The Princess Royal]]<br />(as Chancellor of the [[University of London]])
|undergrad = 3,860<ref name="HESA" />
|postgrad = 4,950<ref name="HESA" />
| free_label =
|city = [[London]]
| free =
|country = [[England]], [[United Kingdom|UK]]
| head_label = President and Vice-Chancellor
|campus = [[Urban area|Urban]]
| head = [[Larry Kramer (legal scholar)|Larry Kramer]]
| visitor = [[Lucy Powell]]<br />(as [[Lord President of the Council]] ''[[ex officio]]'')
|coor = {{Coord|51|30|50.40|N|0|07|0.12|W|display=title|type:edu}}
| students = 13,295 (2022/23)<ref name="HESAStudents">{{cite web |title=Where do HE students study? {{!}} HESA |url=https://www.hesa.ac.uk/data-and-analysis/students/where-study#provider |publisher=[[Higher Education Statistics Agency]] |website=hesa.ac.uk}}</ref>
|colours = [[Purple]], [[Black]] and [[Gold]]<ref>From LSE Shop Directory- school colours [http://www.shop.edirectory.co.uk/lseshop/919/default/d/ties+scarves/mt/c/rid/13089]:</ref>{{scarf|start}}
| undergrad = 5,950 (2022/23)<ref name="HESAStudents"/>
{{cell2|#800080}}{{cell|#000000}}{{cell|#FFD700}}{{cell|#000000}}{{cell2|#800080}}{{cell|#000000}}{{cell|#FFD700}}{{cell|#000000}}{{cell2|#800080}}{{scarf|end}}
| postgrad = 7,350 (2022/23)<ref name="HESAStudents"/>
|free_label = Newspaper
| city = London
|free = ''[[The Beaver]]''
|mascot = [[Beaver]]
| country = England
| coor = {{Coord|51|30|50|N|0|07|00|W|type:edu_region:GB-ENG|display=inline,title}}
|affiliations = [[University of London]]<br /> [[Russell Group]]<br /> [[European University Association|EUA]]<br /> [[Association of Commonwealth Universities|ACU]]<br /> [[Community of European Management Schools and International Companies|CEMS]]<br /> [[The Association of Professional Schools of International Affairs|APSIA]]<br /> [[Raising the Impact of the Social Sciences and Economics|RISE]]<ref>http://www.tilburguniversity.nl/university/internationalization/rise/
| campus = [[Urban area|Urban]]
RISE</ref><br/>[[Golden Triangle (UK universities)|'Golden Triangle']]<br /> [[Universities UK]]
| free_label2 = Newspaper
|website = [http://www.lse.ac.uk/ www.lse.ac.uk]
| free2 = ''[[The Beaver (newspaper)|The Beaver]]''
| colours = Purple, black and gold<ref>{{cite web |url=http://lseshop.com/collections/clothing/products/woollen-scraf-with-crest-embroidery |title=Woolen Scarf with Crest Embroidery |publisher=[[LSE Students' Union]] |access-date=15 January 2017 |archive-url=https://web.archive.org/web/20170116175029/http://lseshop.com/collections/clothing/products/woollen-scraf-with-crest-embroidery |archive-date=16 January 2017 |url-status=dead }}</ref>{{scarf|{{cell2|#800080}}{{cell|#000}}{{cell|#FFD700}}{{cell|#000}}{{cell2|#800080}}{{cell|#000}}{{cell|#FFD700}}{{cell|#000}}{{cell2|#800080}}}}
| mascot = [[Beaver]]
| website = {{URL|https://lse.ac.uk}}
| logo = [[File:London school of economics logo with name.svg|250px]]
| academic_staff = 1,910 (2022/23)<ref name="HESAStaff">{{Cite web|url=https://www.hesa.ac.uk/data-and-analysis/staff/working-in-he|title=Who's working in HE?|publisher=[[Higher Education Statistics Agency]] |website=www.hesa.ac.uk}}</ref>
| administrative_staff = 2,520 (2022/23)<ref name="HESAStaff"/>
| affiliations = {{hlist|[[Association of Commonwealth Universities|ACU]]|[[Community of European Management Schools and International Companies|CEMS]]|[[European University Association|EUA]]|[[Russell Group]]|[[University of London]]|[[Universities UK]]|[[The European University of Social Sciences|CIVICA]]}}
}}
}}


<!-- Please do not make large changes to the lead without discussing them first on the article's talk page.--><!--Paragraph 1/4: Introduction (Broad description of type, location, history and reputation:-->
The '''London School of Economics and Political Science''', commonly referred to as the '''London School of Economics''' or '''LSE''', is a specialist constituent college of the [[University of London]] in [[London]], [[England]]. Founded in 1895 by [[Fabian Society]] members [[Sidney Webb]], [[Beatrice Webb]] and [[George Bernard Shaw]],<ref>{{cite web |url=http://www.lse.ac.uk/informationAbout/aboutLSE/Default.htm |title=About LSE - LSE Website |accessdate=2008-01-13}}</ref> the School joined the federal University of London in 1900 as the Faculty of Economics. Degrees were issued to the school's students from 1902 onwards. Today, it remains a specialist single-faculty constituent college of the University with 8,700 full-time students.<ref>{{cite web|url=http://www.jobs.ac.uk/enhanced/employer/london-school-of-economics-and-political-science/ |title=About LSE- Students and staff |publisher=Jobs.ac.uk |date= |accessdate=2010-04-26}}</ref> It describes itself as the world's leading [[social science]] institution for teaching and research, which spans the full breadth of the social sciences.<ref>{{cite news |url=http://www.timesonline.co.uk/tol/life_and_style/education/sunday_times_university_guide/article2496158.ece |title=The Sunday Times Good University Guide 2007 - Profile for London School of Economics |accessdate=2007-05-08 | work=The Times | date=2007-09-23}}</ref>
The '''London School of Economics and Political Science''' ('''LSE''') is a [[public university|public]] [[research university]] in [[London]], England, and a [[member institutions of the University of London|member institution]] of the [[University of London]]. The school specialises in the social sciences. Founded in 1895 by [[Fabian Society]] members [[Sidney Webb, 1st Baron Passfield|Sidney Webb]], [[Beatrice Webb]], [[Graham Wallas]] and [[George Bernard Shaw]], LSE joined the University of London in 1900 and established its first degree courses under the auspices of the university in 1901.<ref>{{cite web|archive-url=https://web.archive.org/web/20141212153905/http://www.lse.ac.uk/aboutlse/meetthedirector/pdf/lsehistory.pdf|archive-date=12 December 2014 |url=http://www.lse.ac.uk/aboutLSE/meetTheDirector/pdf/LSEHistory.pdf |title=Beginnings : LSE : The Founders |publisher=London School of Economics |access-date=18 January 2016}}</ref> LSE began awarding its degrees in its own name in 2008,<ref name="AcademicDress">{{cite web|title=Academic dress|url=https://info.lse.ac.uk/current-students/graduating-from-lse/ceremony-academic-dress|access-date=21 May 2021|publisher=The London School of Economics and Political Science|quote=Since the granting of its own degree awarding powers in July 2008, students have worn LSE-specific gowns|archive-date=21 May 2021|archive-url=https://web.archive.org/web/20210521083722/https://info.lse.ac.uk/current-students/graduating-from-lse/ceremony-academic-dress|url-status=live}}</ref> prior to which it awarded degrees of the University of London. It became a university in its own right within the University of London in 2022.<ref>{{cite web|url=https://info.lse.ac.uk/staff/our-community/Update-from-Chair-of-Council-summer-2022|title=Chair's Blog: Summer Term 2022|accessdate=12 December 2022|author=Susan Liautaud|archive-date=25 January 2023|archive-url=https://web.archive.org/web/20230125174234/https://info.lse.ac.uk/staff/our-community/Update-from-Chair-of-Council-summer-2022|url-status=live}}</ref>


<!--Paragraph 2/4: Location, academic structure:-->
LSE is among the world's most selective universities, with the lowest admissions rate of any university in Britain,<ref name="ReferenceC">{{cite web|url=http://www2.lse.ac.uk/undergraduateProspectus2010/courses/Economics/L140.aspx |title=Undergraduate - Undergraduate - Study - Home |publisher=.lse.ac.uk |date= |accessdate=2010-04-26}}</ref><ref name="autogenerated3">{{cite web|url=http://www2.lse.ac.uk/undergraduateProspectus2010/courses/International_Relations/L250.aspx |title=Undergraduate - Undergraduate - Study - Home |publisher=.lse.ac.uk |date= |accessdate=2010-04-26}}</ref> and is consistently placed among the top [[higher education]] instititutions in the world in [[university rankings]]. It also has the most international student body in the world,<ref name=london_156>{{cite news |url=http://www.timesonline.co.uk/tol/life_and_style/education/sunday_times_university_guide/article2496158.ece |title=The Sunday Times Good University Guide 2007 - Profile for London School of Economics|publisher=Times Online|accessdate=2008-06-06 | date=2007-09-23}}</ref> and at one time, LSE had more countries represented by students than the [[United Nations]].<ref name="ReferenceA">{{cite web|url=http://www.lse.ac.uk/informationAbout/aboutLSE/introductionToTheSchool.htm |title=About LSE - About LSE - Home |publisher=Lse.ac.uk |date=2009-11-30 |accessdate=2010-04-26}}</ref> As a member of the [[Russell Group]]<ref>{{cite web |url=http://www.russellgroup.ac.uk |title=The Russell Group Home Page |accessdate=2008-01-13}}</ref> LSE was found to have the highest percentage of world-leading research of any university in the 2008 Research Assessment Exercise.<ref>{{cite web|url=http://www.rae.ac.uk/results/outstore/RAEOutcomeFull.pdf |title=2008 Research Assessment Exercise |format=PDF |date= |accessdate=2010-04-26}}</ref>
LSE is located in the [[London Borough of Camden]] and [[City of Westminster|Westminster]], [[Central London]], near the boundary between [[Covent Garden]] and [[Holborn]]. The area is historically known as [[Clare Market]]. LSE has more than 11,000 students, just under seventy per cent of whom come from outside the UK, and 3,300 staff.<ref name="ReferenceC">{{cite web|url=http://www.lse.ac.uk/aboutLSE/keyFacts/home.aspx|title=About LSE – Key facts|publisher=London School of Economics|access-date=12 October 2018|archive-date=30 November 2016|archive-url=https://web.archive.org/web/20161130121950/http://www.lse.ac.uk/aboutLSE/keyFacts/home.aspx/|url-status=dead}}</ref> The university has the [[List of UK universities by endowment|sixth-largest endowment]] of any university in the UK and in 2023/24, it had an income of £525.6&nbsp;million of which £41.4&nbsp;million was from research grants.<ref name="LSE Financial Statement 23/24">{{cite web| url = https://info.lse.ac.uk/staff/divisions/Finance-Division/assets/annual-accounts/PDF/2023-24-Annual-Accounts.pdf| title = Financial Statements for the Year to 31 July 2024| access-date = 12 December 2024| publisher = London School of Economics| page = 56}}</ref> Despite its name, the school is organised into 25 academic departments and institutes which conduct teaching and research across a range of pure and applied social sciences.<ref name="ReferenceC"/>


<!--Paragraph 3/4: reputation, affiliations:-->
The school has produced many [[List of London School of Economics people|notable alumni]] in the fields of economics, business, literature and politics, including several [[List of London School of Economics people#Nobel Laureates|Nobel laureates]], [[Pulitzer Prize]] winners, and [[heads of state]].<ref>{{cite web|url=http://www2.lse.ac.uk/intranet/LSEServices/divisionsAndDepartments/ERD/pressAndInformationOffice/LSEFacts/worldLeaders.aspx |title=World leaders- LSE facts |publisher=.lse.ac.uk |date=2009-10-06 |accessdate=2010-04-26}}</ref>
LSE is a member of the [[Russell Group]], [[Association of Commonwealth Universities]] and the [[European University Association]], and is typically considered part of the "[[Golden triangle (universities)|golden triangle]]" of research universities in the south east of England. The LSE also forms part of [[The European University of Social Sciences|CIVICA – The European University of Social Sciences]].<ref>{{cite press release|url=https://www.civica.eu/news-events/news/lse-becomes-the-8th-full-member-of-civica|title=LSE becomes the eighth full member of CIVICA – The European University of Social Sciences|date=7 July 2020|publisher=CIVICA|access-date=8 July 2020|archive-date=22 October 2020|archive-url=https://web.archive.org/web/20201022035430/https://www.civica.eu/news-events/news/lse-becomes-the-8th-full-member-of-civica|url-status=live}}</ref> The 2025 [[The Sunday Times|Times and Sunday Times]] Good University Guide ranked the London School of Economics as the number one university in the United Kingdom and named it their [[Sunday Times University of the Year|University of the Year]].<ref>{{Cite web |title=UK university rankings 2025 |url=https://www.thetimes.com/uk-university-rankings |access-date=20 September 2024 |website=The Times |language=en}}</ref> In the 2021 [[Research Excellence Framework]], the school had the third highest grade point average in the United Kingdom (joint with the University of Cambridge).<ref>{{cite news|url=https://www.timeshighereducation.com/news/ref-2021-golden-triangle-looks-set-lose-funding-share|title=REF 2021: Golden triangle looks set to lose funding share|work=Times Higher Education|author1=Simon Baker|author2=Jack Grove|access-date=30 January 2023|archive-date=30 January 2023|archive-url=https://web.archive.org/web/20230130062552/https://www.timeshighereducation.com/news/ref-2021-golden-triangle-looks-set-lose-funding-share|url-status=live}}</ref>


<!--Paragraph 4/4: Alumni:-->
==History==
LSE alumni and faculty include 55 past or present [[Head of state|heads of state]] or [[Head of government|government]] and [[List of Nobel laureates affiliated with the London School of Economics|20 Nobel laureates]]. As of 2024, 25 per cent of all 56 [[Nobel Memorial Prize in Economic Sciences|Nobel Memorial Prizes in Economics]] had been awarded, at least in part, to LSE alumni, current staff, or former staff.<ref>{{Cite web |last=Science |first=London School of Economics and Political |title=LSE people |url=https://www.lse.ac.uk/about-lse/lse-people#:~:text=LSE%20alumni%20and%20faculty%20members,have%20studied%20at%20the%20School. |access-date=2024-11-19 |website=London School of Economics and Political Science |language=en-GB}}</ref> LSE alumni and faculty have also won 3 [[Nobel Peace Prize]]s and 2 [[Nobel Prize in Literature|Nobel Prizes in Literature]].<ref name="Nobel Prize Winners">{{cite web|title=LSE People: Nobel Prize Winners|url=https://www.lse.ac.uk/about-lse/lse-people|access-date=21 May 2021|publisher=London School of Economics and Political Science|archive-date=23 May 2021|archive-url=https://web.archive.org/web/20210523094342/https://www.lse.ac.uk/About-LSE/LSE-people|url-status=live}}</ref><ref>{{cite web|url=https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/|title=All Prizes in Economic Sciences|publisher=Nobel Media|department=Nobelprize.org|access-date=15 January 2017|archive-date=10 August 2018|archive-url=https://web.archive.org/web/20180810101837/https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/|url-status=live}}</ref>

== History ==
{{Main|History of the London School of Economics}}
{{Main|History of the London School of Economics}}
[[File:Beatrice and Sidney Webb, c1895 (9259293969).jpg|thumb|right|[[Beatrice Webb|Beatrice]] and [[Sidney Webb]]]]
The London School of Economics was founded in 1895<ref name="LSEHistoryAbout">{{cite web|title = LSE history|url = http://www.lse.ac.uk/informationAbout/LSEHistory/Default.htm|publisher = London School of Economics|accessdate = 2009-07-23}}</ref> by [[Beatrice Webb|Beatrice]] and [[Sidney Webb, 1st Baron Passfield|Sidney Webb]],<ref name="LSEHistoryWebbs">{{cite web|title = Beatrice and Sidney Webb|url = http://www.lse.ac.uk/resources/LSEHistory/webbs.htm|publisher = London School of Economics|year = 2000|accessdate = 2009-07-23}}</ref> initially funded by a bequest of £20,000<ref name="SpartacusLSE">{{cite web|title = London School of Economics|url =http://www.lse.ac.uk/informationAbout/LSEHistory/}}</ref><ref name="Statisticians">{{cite book|author = C. C. Heyde|coauthors = Eugene Seneta|title = Statisticians of the Centuries|url = http://books.google.co.uk/books?id=uS3dq_grwr0C&pg=PA279&lpg=PA279&dq=Hutchinson+bequest+LSE&source=bl&ots=EMhs53HTsd&sig=XmYDecx1ZF8YosvXZwFjizqkb9o&hl=en&ei=KC5qSvnMEeHTjAeXpeWiCw&sa=X&oi=book_result&ct=result&resnum=8|work = Statisticians of the Centuries|publisher = Springer|year = 2001|page = 279|accessdate = 2009-07-23}}</ref> from the [[estate (law)|estate]] of Henry Hunt Hutchinson. Hutchinson, a lawyer<ref name="SpartacusLSE" /> and member of the [[Fabian Society]],<ref name="SmithLSEandEducation">{{cite web|author = Mark K. Smith|title = The London School of Economics and informal education|url = http://www.infed.org/walking/wa-lse.htm|date = 2000-08-30|accessdate = 2009-07-23}}</ref><ref name="LSEPassfieldArchives">{{cite web|title = London School of Economics and Political Science Archives catalogue|url = http://archives.lse.ac.uk/dserve.exe?dsqServer=lib-4.lse.ac.uk&dsqIni=Dserve.ini&dsqApp=Archive&dsqCmd=show.tcl&dsqDb=Catalog&dsqPos=0&dsqSearch=(RefNo=%27passfield%27)|publisher = London School of Economics|year = 2008|accessdate = 2009-07-23}}</ref> left the money in trust, to be put "towards advancing its [The Fabian Society's] objects in any way they [the [[trustee]]s] deem advisable".<ref name="LSEPassfieldArchives" /> The five trustees were Sidney Webb, [[Edward R. Pease|Edward Pease]], Constance Hutchinson, William de Mattos and William Clark.<ref name="SpartacusLSE"/>


=== Origins ===
The LSE records that the proposal to establish the school was conceived during a breakfast meeting on 4 August 1894, between the Webbs, [[Graham Wallas]] and [[George Bernard Shaw]].<ref name="LSEHistoryAbout" /> The proposal was accepted by the trustees in February 1895<ref name="LSEPassfieldArchives" /> and the LSE held its first classes in October of that year, in rooms at 9 John Street, [[Adelphi, London|Adelphi]],<ref name="LSEHistory1895">{{cite web|title = LSE 1895|url = http://www.lse.ac.uk/resources/LSEHistory/lse.htm|publisher = London School of Economics|year = 2000|accessdate = 2009-07-23}}</ref> in the [[City of Westminster]].
The London School of Economics and Political Science was founded in 1895<ref name="LSEHistoryAbout">{{cite web|title=Our history|url=https://www.lse.ac.uk/about-lse/our-history|access-date=21 May 2021|publisher=London School of Economics|archive-date=17 May 2021|archive-url=https://web.archive.org/web/20210517103925/https://www2.lse.ac.uk/about-lse/our-history|url-status=live}}</ref> by [[Beatrice Webb|Beatrice]] and [[Sidney Webb, 1st Baron Passfield|Sidney Webb]],<ref name="LSEHistoryWebbs">{{cite news|year=|title=Meet our founders|newspaper=London School of Economics and Political Science |url=https://www.lse.ac.uk/about-lse/125-anniversary/blogs/meet-our-founders|access-date=25 May 2021|publisher=London School of Economics|archive-date=25 May 2021|archive-url=https://web.archive.org/web/20210525063603/https://www.lse.ac.uk/about-lse/125-anniversary/blogs/meet-our-founders|url-status=live}}</ref> initially funded by a bequest of £20,000<ref name="SpartacusLSE">{{cite web|title=London School of Economics and Political Science|url=http://www.lse.ac.uk/resources/LSEHistory/lse.htm|url-status=live|archive-url=https://web.archive.org/web/20090805043238/http://www.lse.ac.uk/resources/LSEHistory/lse.htm|archive-date=2009-08-05|access-date=25 May 2021|publisher=London School of Economics and Political Science}}</ref><ref name="Statisticians">{{Cite book|author1-link=Chris Heyde|author = C. C. Heyde|author2 = Eugene Seneta|author2-link=Eugene Seneta|title = Statisticians of the Centuries|url = https://books.google.com/books?id=uS3dq_grwr0C&q=Hutchinson+bequest+LSE&pg=PA279|publisher = Springer|year = 2001|page = 279|access-date = 23 July 2009|isbn = 9780387952833|archive-date = 10 July 2023|archive-url = https://web.archive.org/web/20230710220720/https://books.google.com/books?id=uS3dq_grwr0C&q=Hutchinson+bequest+LSE&pg=PA279|url-status = live}}</ref> from the [[estate (law)|estate]] of Henry Hunt Hutchinson. Hutchinson, a lawyer<ref name="SpartacusLSE" /> and member of the [[Fabian Society]],<ref name="SmithLSEandEducation">{{cite web|author=Mark K. Smith |title=The London School of Economics and informal education |url=http://www.infed.org/walking/wa-lse.htm |date=30 August 2000 |access-date=23 July 2009 |url-status=dead |archive-url=https://web.archive.org/web/20091015065721/http://www.infed.org/walking/wa-lse.htm |archive-date=15 October 2009 }}</ref><ref name="LSEPassfieldArchives">{{cite web|title = London School of Economics and Political Science Archives catalogue|url = http://archives.lse.ac.uk/dserve.exe?dsqServer=lib-4.lse.ac.uk&dsqIni=Dserve.ini&dsqApp=Archive&dsqCmd=show.tcl&dsqDb=Catalog&dsqPos=0&dsqSearch=(RefNo=%27passfield%27)|publisher = London School of Economics|year = 2008|access-date = 23 July 2009|url-status = dead|archive-url = https://web.archive.org/web/20070611143150/http://archives.lse.ac.uk/dserve.exe?dsqServer=lib-4.lse.ac.uk&dsqIni=Dserve.ini&dsqApp=Archive&dsqCmd=show.tcl&dsqDb=Catalog&dsqSearch=(RefNo='passfield')&dsqPos=0|archive-date = 11 June 2007|df = dmy-all}}</ref> left the money in trust, to be put "towards advancing its [The Fabian Society's] objects in any way they [the [[trustee]]s] deem advisable".<ref name="LSEPassfieldArchives" /> The five trustees were Sidney Webb, [[Edward R. Pease|Edward Pease]], Constance Hutchinson, [[W. S. de Mattos]] and William Clark.<ref name="SpartacusLSE"/>


LSE records that the proposal to establish the school was conceived during a breakfast meeting on 4 August 1894, between the Webbs, Louis Flood, and [[George Bernard Shaw]].<ref name="LSEHistoryAbout" /> The proposal was accepted by the trustees in February 1895<ref name="LSEPassfieldArchives" /> and LSE held its first classes in October of that year, in rooms at 9 John Street, [[Adelphi, London|Adelphi]],<ref name="LSEHistory1895">{{cite web|title = LSE 1895
The school joined the federal [[University of London]] in 1900, becoming the university's Faculty of Economics and awarding degrees of the University from 1902.<ref name="LSEHistory1895" /> Expanding rapidly over the following years, the school moved initially to the nearby 10 Adelphi Terrace, then to Clare Market and Houghton Street. The foundation stone of the Old Building, on Houghton Street, was laid by [[George V of the United Kingdom|King George V]] in 1920;<ref name="LSEHistoryAbout" /> the building was opened in 1922.
|archive-url=https://web.archive.org/web/20090805043238/http://www.lse.ac.uk/resources/LSEHistory/lse.htm
|archive-date=5 August 2009|url = http://www.lse.ac.uk/resources/LSEHistory/lse.htm|publisher=London School of Economics|year = 2000|access-date =23 July 2009}}</ref> in the [[City of Westminster]].


=== 20th century ===
During [[World War II]], the School decamped from London to [[University of Cambridge]], occupying buildings belonging to [[Peterhouse, Cambridge|Peterhouse]].<ref>{{cite web|url=http://www.pet.cam.ac.uk/images/display.html?image=album/hostel/hostel_03.jpg|title=Peterhouse Images|publisher=Peterhouse, Cambridge|accessdate=2009-07-23}}</ref>
The school joined the federal [[University of London]] in 1900 and was recognised as a Faculty of Economics of the university. The University of London degrees of [[Bachelor of Science|BSc]] (Econ) and [[Doctor of Science|DSc]] (Econ) were established in 1901, the first university degrees dedicated to the social sciences.<ref name="LSEHistory1895" /> Expanding rapidly over the following years, the school moved initially to the nearby 10 Adelphi Terrace, then to Clare Market and Houghton Street. The foundation stone of the Old Building, on Houghton Street, was laid by [[George V|King George V]] in 1920;<ref name="LSEHistoryAbout" /> the building was opened in 1922.<ref name="LSEHistory1895" />


The school's arms,<ref name="PlantArms">{{cite web|first = Arnold|last = Plant|authorlink = Arnold Plant|title = Image: "Coat of arms of the London School of Economics and Political Science"|url = http://beginnings.ioe.ac.uk/1-6%20original.jpg|publisher = Institute of Education|accessdate = 2009-07-23}}</ref> including its motto and [[beaver]] mascot, were adopted in February 1922,<ref name="IOEBeginnings">{{cite web|title = London School of Economics|url = http://beginnings.ioe.ac.uk/begslse.html|work = Beginnings: The History of Higher Education in Bloomsbury and Westminster|publisher = Institute of Education|accessdate = 2009-07-23}}</ref> on the recommendation of a committee of twelve, including eight students, which was established to research the matter.<ref name="LSEBeaverClub">{{cite web|title = London School of Economics Online Community - Member Services|url = http://www.alumni.lse.ac.uk/olc/pub/LHE/filemanager/annualfund/giftclubs/beaversclub/default.htm|publisher = London School of Economics|accessdate = 2009-07-23}}</ref> The [[latin]] motto, ''"Rerum cognoscere causas"'', is taken from [[Virgil]]'s [[Georgics]]. Its English translation is "to Know the Causes of Things"<ref name="IOEBeginnings" /> and it was suggested by Professor [[Edwin Cannan]].<ref name="LSEHistoryAbout" /> The beaver mascot was selected for its associations with "foresight, constructiveness and industrious behaviour".<ref name="LSEBeaverClub" />
The school's arms,<ref name="PlantArms">{{cite web|first = Arnold|last = Plant|author-link = Arnold Plant|title = File:"Coat of arms of the London School of Economics and Political Science"|url = http://beginnings.ioe.ac.uk/1-6%20original.jpg|archive-url = https://web.archive.org/web/20100531073327/http://beginnings.ioe.ac.uk/1-6%20original.jpg|url-status = dead|archive-date = 31 May 2010|publisher = Institute of Education|access-date = 23 July 2009}}</ref> including its motto and beaver mascot, were adopted in February 1922,<ref name="IOEBeginnings">{{cite web|title=London School of Economics |url=http://beginnings.ioe.ac.uk/begslse.html |work=Beginnings: The History of Higher Education in Bloomsbury and Westminster |publisher=Institute of Education |access-date=23 July 2009 |url-status=dead |archive-url=https://web.archive.org/web/20090926011322/http://beginnings.ioe.ac.uk/begslse.html |archive-date=26 September 2009 }}</ref> on the recommendation of a committee of twelve, including eight students, which was established to research the matter.<ref name="LSEBeaverClub">{{cite web|archive-url=https://web.archive.org/web/20090908033808/http://www.alumni.lse.ac.uk/olc/pub/LHE/filemanager/annualfund/giftclubs/beaversclub/default.htm|archive-date=8 September 2009|title = London School of Economics Online Community Member Services|url = http://www.alumni.lse.ac.uk/olc/pub/LHE/filemanager/annualfund/giftclubs/beaversclub/default.htm|publisher=London School of Economics|access-date =23 July 2009}}</ref> The Latin motto, {{Lang|la|rerum cognoscere causas}}, is taken from [[Virgil]]'s [[Georgics]]. Its English translation is "to Know the Causes of Things"<ref name="IOEBeginnings" /> and it was suggested by Professor [[Edwin Cannan]].<ref name="LSEHistoryAbout" /> The beaver mascot was selected for its associations with "foresight, constructiveness, and industrious behaviour".<ref name="LSEBeaverClub" />
[[File:Friedrich Hayek portrait.jpg|thumb|right|[[Friedrich Hayek]], who taught at LSE during the 1930s and 1940s]]
The 1930s economic debate between LSE and the [[University of Cambridge]] is well known in academic circles. The rivalry between academic opinion at LSE and Cambridge goes back to the school's roots when LSE's [[Edwin Cannan]] (1861–1935), Professor of Economics, and Cambridge's Professor of Political Economy, [[Alfred Marshall]] (1842–1924), the leading economist of the day, argued about the bedrock matter of economics and whether the subject should be considered as an organic whole. (Marshall disapproved of LSE's separate listing of pure theory and its insistence on economic history.)<ref>Dahrendorf (1995), p.210-213</ref>


The dispute also concerned the question of the economist's role, and whether this should be as a detached expert or a practical adviser.<ref>Gerard Loot, cited in Dahrendorf (1995), P.212</ref> Despite the traditional view that the LSE and Cambridge were fierce rivals through the 1920s and 30s, they worked together in the 1920s on the London and Cambridge Economic Service.<ref>{{cite journal|url=https://academic.oup.com/cje/article-abstract/41/1/307/2625390/The-London-and-Cambridge-Economic-Service-history?redirectedFrom=fulltext|title=The London and Cambridge Economic Service: history and contributions|author=Robert A. Cord|doi=10.1093/cje/bew020|journal=Cambridge Journal of Economics|date=2016|volume=41|issue=1|pages=307–326|access-date=17 January 2017|archive-date=15 December 2018|archive-url=https://web.archive.org/web/20181215124234/https://academic.oup.com/cje/article-abstract/41/1/307/2625390/The-London-and-Cambridge-Economic-Service-history?redirectedFrom=fulltext|url-status=live}}</ref> However, the 1930s brought a return to disputes as economists at the two universities argued over how best to address the economic problems caused by the [[Great Depression]].<ref name=CambDebate>{{cite web|url=http://cdn.knightlab.com/libs/timeline/latest/embed/index.html?source=0Ah9w-9lcqZALdHdTbmF2MS1iYmtVdmlpX3A5N2VPc0E&font=Georgia-Helvetica&maptype=toner&lang=en&hash_bookmark=true&amp%20-%200#33|title=Debate with Cambridge|work=LSE timeline 1895–1995|access-date=17 January 2017|archive-date=22 October 2020|archive-url=https://web.archive.org/web/20201022145555/https://cdn.knightlab.com/libs/timeline/latest/embed/index.html?source=0Ah9w-9lcqZALdHdTbmF2MS1iYmtVdmlpX3A5N2VPc0E&font=Georgia-Helvetica&maptype=toner&lang=en&hash_bookmark=true&amp%20-%200#33|url-status=live}}</ref>
==Current activity==
<!-- Deleted image removed: [[File:H street lse.jpg|thumb|right|The LSE resides around the Houghton St. area]] -->
LSE continues to have a major impact upon British society, especially with its close relationships and influence in politics, business and law. ''[[The Guardian]]'' describes such influence when it stated:
::<blockquote>"''Once again the political clout of the school, which seems to be closely wired into parliament, Whitehall and the Bank of England, is being felt by ministers... The strength of the LSE is that it is close to the political process: [[Mervyn King (economist)|Mervyn King]], was a former LSE professor. The chairman of the [[British House of Commons|House of Commons]] education committee, [[Barry Sheerman]], sits on its board of governors, along with Labour peer [[Frank Judd|Lord (Frank) Judd]]. Also on the board are [[Conservative Party (UK)|Tory]] MPs [[Virginia Bottomley]] and [[Richard Shepherd]], as well as [[Lord Saatchi]] and [[Elspeth Howe|Lady Howe]]'."<ref name="autogenerated1">{{cite news |url=http://education.guardian.co.uk/higher/columnist/story/0,,1515788,00.html |title=''"A Time Honoured Tradition"'' at ''The Guardian'' Online | location=London | date=2005-06-27 | accessdate=2010-04-04}}</ref></blockquote>


The main figures in this debate were [[John Maynard Keynes]] from Cambridge and the LSE's [[Friedrich Hayek]]. The LSE economist [[Lionel Robbins]] was also heavily involved. Starting off as a disagreement over whether demand management or deflation was the better solution to the economic problems of the time, it eventually embraced much wider concepts of economics and macroeconomics. Keynes put forward the theories now known as [[Keynesian economics]], involving the active participation of the state and public sector, while Hayek and Robbins followed the [[Austrian School]], which emphasised free trade and opposed state involvement.<ref name=CambDebate/>
[[Image:lse initials.jpg|thumb|right|Stonework featuring LSE initials]]
Recently, the School has been active in British government proposals to introduce compulsory ID cards,<ref>{{cite news |url=http://news.bbc.co.uk/1/hi/uk_politics/4619218.stm |title=BBC News - Politics ''"Ministers press on with ID cards"'' | date=2006-01-17 | accessdate=2010-01-06}}</ref><ref>{{cite news |url=http://image.guardian.co.uk/sys-files/Politics/documents/2005/06/27/identityreport.pdf |title=''"LSE ID Card Report"''|format=PDF | work=The Guardian | location=London | accessdate=2010-04-04}}</ref> researching into the associated costs of the scheme, and shifting public and government opinion on the issue.<ref>{{cite news |url=http://news.bbc.co.uk/1/hi/uk_politics/4711178.stm |title=BBC News - Politics ''"Government staves off ID rebels"'' | date=2006-02-14 | accessdate=2010-01-06}}</ref> The institution is also popular with politicians and [[Members of Parliament|MPs]] to launch new policy, legislation and manifesto pledges, prominently with the launch of the [[Liberal Democrats]] Manifesto Conference under [[Nick Clegg]] on 12 January 2008.<ref>{{cite web |url=http://www.spectator.co.uk/coffeehouse/444366/clegg-steps-up.thtml |title= ''Coffee House - The Spectator Blog "Clegg Cleans Up"'' at [[The Spectator]] Online}}</ref><ref>{{cite web |url=http://www.libdems.org.uk/parliament/feature.html?navPage=features.html&id=13708 |title=''"Clegg calls for radical grassroots innovation in public services"'' at the Liberal Democrat website}}</ref>


During World War II, the school decamped from London to the University of Cambridge, occupying buildings belonging to [[Peterhouse, Cambridge|Peterhouse]].<ref>{{cite web|url=http://www.pet.cam.ac.uk/images/display.html?image=album/hostel/hostel_03.jpg |title=Peterhouse Images |publisher=Peterhouse, Cambridge |access-date=23 July 2009 |archive-url=https://web.archive.org/web/20080529001601/http://www.pet.cam.ac.uk/images/display.html?image=album%2Fhostel%2Fhostel_03.jpg |archive-date=29 May 2008 |url-status=dead }}</ref>
''[[The Sunday Times]]''' recent profile of LSE for the ''2008 Sunday Times University Guide'', commented:
::<blockquote>"''There are many who have achieved in the world of politics, business or academia who can trace their success to the years they spent at the LSE. Inspired by tuition from academics who are often familiar faces, if not household names, LSE students take their first steps to greatness in the debating chambers, cafes, bars – and even occasionally in their seminar groups – during three or four years of studying'."<ref>{{cite news |url=http://www.timesonline.co.uk/tol/life_and_style/education/sunday_times_university_guide/article2496158.ece |title=2008 Sunday Times University Guide - LSE Profile | work=The Times | location=London | date=2007-09-23 | accessdate=2010-04-04}}</ref></blockquote>


Following the decision to establish a modern [[business school]] within the University of London in the mid-1960s, the idea was discussed of setting up a "Joint School of Administration, Economics, and Technology" between the LSE and [[Imperial College]]. However, this avenue was not pursued and instead, the [[London Business School]] was created as a college of the university.<ref name="management history">{{cite web|url=https://www.lse.ac.uk/management/about-us/history|title=History of the department|publisher=LSE Department of Management|access-date=10 September 2023|archive-date=3 June 2023|archive-url=https://web.archive.org/web/20230603113730/https://www2.lse.ac.uk/management/about-us/history|url-status=live}}</ref>
Additionally, the top 10 employers of LSE graduates are principally accounting, investment banking, consultancy and law firms.<ref>{{cite news| url=http://www.timesonline.co.uk/newspaper/0,,173-2063061,00.html | work=The Times | location=London | title=Where next for LSE graduates | date=2006-03-02 | accessdate=2010-04-04}}</ref> Indeed, LSE is often known as the 'investment bank nursery' due to around 30% of graduates going into "banking, financial services and accountancy", according to LSE Careers Service official figures. LSE is often the most preferred university for employers in the private sector, financial services abroad and the [[City of London]]. Further, LSE graduates command the highest salaries of UK graduates at £29,253 - ahead of Imperial, UCL, Oxford, King’s and Cambridge.<ref>[http://www2.lse.ac.uk/intranet/news/newsletters/staffNews/2009/20090924.aspx}} ]{{dead link|date=April 2010}}</ref>


In 1966, the appointment of Sir [[Walter Adams (historian)|Walter Adams]] as director sparked opposition from the student union and student protests. Adams had previously been principal of the [[University of Zimbabwe|University College of Rhodesia and Nyasaland]], and the students objected to his failure to oppose [[Rhodesia's Unilateral Declaration of Independence]] and cooperation with the white minority government. This broadened into wider concerns about links between the LSE and its governors and investments in Rhodesia and South Africa and concerns over LSE's response to student protests. These led to the closure of the school for 25 days in 1969 after a student attempt to dismantle the school gates resulted in the arrest of over 30 students. Injunctions were taken out against 13 students (nine from LSE), with three students ultimately being suspended, two foreign students being deported, and two staff members seen as supporting the protests being fired.<ref name="LSEHistoryAbout" /><ref>{{cite news|url=https://blogs.lse.ac.uk/lsehistory/2019/02/18/the-lse-troubles-opposing-a-director/|author=Sue Donnelly|date=18 February 2019|publisher=London School of Economics|title=Opposing a Director|newspaper=Lse History |access-date=10 September 2023|archive-date=1 September 2020|archive-url=https://web.archive.org/web/20200901175901/https://blogs.lse.ac.uk/lsehistory/2019/02/18/the-lse-troubles-opposing-a-director/|url-status=live}}</ref><ref>{{cite news|url=https://blogs.lse.ac.uk/lsehistory/2019/03/06/storming-the-gates-and-closing-the-school/|author=Sue Donnelly|date=6 March 2019|title=Storming the gates and closing the School|newspaper=Lse History |publisher=London School of Economics|access-date=10 September 2023|archive-date=16 March 2023|archive-url=https://web.archive.org/web/20230316085923/https://blogs.lse.ac.uk/lsehistory/2019/03/06/storming-the-gates-and-closing-the-school/|url-status=live}}</ref>
Over the years the School has continued to expand around Houghton Street. A recent fund-raising scheme, called the "Campaign for the LSE" raised over £100 million in one of the largest university fund-raising exercises ever seen in Britain. In 2003, LSE purchased the former Public Trustee building at 24 [[Kingsway (London)|Kingsway]]. This has been redeveloped by [[Nicholas Grimshaw|Sir Nicholas Grimshaw]] into an ultra-modern educational building, to be known as the "New Academic Building" at a total cost of over £45 million, and has increased the campus space by 120,000 square feet. The building opened for teaching in October 2008, with an official opening by [[Elizabeth II of the United Kingdom|Her Majesty the Queen]] and the [[Prince Philip, Duke of Edinburgh|Duke of Edinburgh]] on 5 November 2008.<ref>[http://www.lse.ac.uk/collections/campaignForLSE/pdf/07_0035%20ImpactNo1.pdf ]{{dead link|date=April 2010}}</ref>


In the 1970s, four [[Nobel Memorial Prize in Economic Sciences|Nobel Memorial Prizes in Economic Sciences]] were awarded to economists associated with the LSE: [[John Hicks]] (lecturer 1926–36) in 1972, [[Friedrich Hayek]] (lecturer 1931–50) in 1974, [[James Meade]] (lecturer 1947–1957) in 1977 and [[W. Arthur Lewis|Arthur Lewis]] (BSc Econ 1937, and the LSE's first Black academic 1938–44) in 1979.<ref name="LSEHistoryAbout" /><ref>{{cite web|url=https://www.lse.ac.uk/about-lse/lse-people/James-Meade|title=James Meade|publisher=London School of Economics|access-date=10 September 2023|archive-date=21 September 2020|archive-url=https://web.archive.org/web/20200921204608/https://www.lse.ac.uk/about-lse/lse-people/James-Meade|url-status=live}}</ref><ref>{{cite news|url=https://blogs.lse.ac.uk/lsehistory/2015/01/23/arthur-lewis-at-lse-one-of-our-best-teachers/|author=Sue Donnelly|date=23 January 2015|title=Arthur Lewis at LSE – one of our best teachers|newspaper=Lse History |publisher=London School of Economics|access-date=10 September 2023|archive-date=10 June 2023|archive-url=https://web.archive.org/web/20230610171734/https://blogs.lse.ac.uk/lsehistory/2015/01/23/arthur-lewis-at-lse-one-of-our-best-teachers/|url-status=live}}</ref>
The School has on ongoing capital investment project and has recently purchased a number of sites to add to its portfolio, most recently with Sardinia House on Sardinia Street in November 2009. It is currently embarking on a £30 million project to build a new student centre, housing the students' union, careers service, accommodation office, events spaces, cafes, bars and a club. The building will be located on the current St Phillips site, to be demolished in Summer 2010. A new £25 million student residence is also expected to be built in Southwark by 2011.


=== 21st century ===
Its current Director is [[Howard Davies (economist)|Sir Howard Davies]], who previously served as Chairman of the [[Financial Services Authority]], Controller of the Audit Commission, Director General of the [[Confederation of British Industry]] and Deputy Governor of the [[Bank of England]]. Following his first term in office, he has been reappointed as of June 2007, and will serve until 2013.
[[File:lse initials.jpg|thumb|upright=0.7|Stonework featuring the initials of LSE]]


In the early 21st century, the LSE had a wide impact on British politics. ''[[The Guardian]]'' described such influence in 2005 when it stated:
Besides its affiliation with the [[Russell Group]], LSE is currently a member of the [[European University Association]],<ref>{{cite web |url=http://www.eua.be/ |title=The European University Association Home Page|accessdate=2009-04-13}}</ref> the [[Association of Commonwealth Universities]], the [[Community of European Management Schools and International Companies]],<ref>{{cite web |url=http://www.cems.org/general/academic_partners/school.php?getcountry=80 |title=CEMS Home Page| accessdate=2008-01-13}}</ref> the [[The Association of Professional Schools of International Affairs|Association of Professional Schools of International Affairs]],<ref>{{cite web |url=http://www.apsia.org/apsia/members/members.php |title=Association of Professional Schools of International Affairs |accessdate=2008-01-13}}</ref> and [[Universities UK]],<ref>{{cite web |url=http://www.universitiesuk.ac.uk/members/ |title=Universities UK Home Page |accessdate=2008-01-13}}</ref> as well as the [[Golden Triangle (UK universities)|Golden Triangle]] of British universities.
<blockquote>Once again the political clout of the school, which seems to be closely wired into parliament, Whitehall, and the Bank of England, is being felt by ministers. ... The strength of LSE is that it is close to the political process: [[Mervyn King, Baron King of Lothbury|Mervyn King]], was a former LSE professor. The former chairman of the House of Commons education committee, [[Barry Sheerman]], sits on its board of governors, along with Labour peer [[Frank Judd, Baron Judd|Lord (Frank) Judd]]. Also on the board are Tory MPs [[Virginia Bottomley]] and [[Richard Shepherd]], as well as [[Maurice Saatchi, Baron Saatchi|Lord Saatchi]] and [[Elspeth Howe, Baroness Howe of Idlicote|Lady Howe]].<ref name="autogenerated1">{{cite news |url=http://education.guardian.co.uk/higher/columnist/story/0,,1515788,00.html |title=A Time Honoured Tradition a |work=The Guardian |location=London |date=27 June 2005 |access-date=4 April 2010 |archive-date=19 December 2007 |archive-url=https://web.archive.org/web/20071219133041/http://education.guardian.co.uk/higher/columnist/story/0,,1515788,00.html |url-status=live }}</ref></blockquote>


Commenting in 2001 on the rising status of the LSE, the British magazine ''[[The Economist]]'' stated that "two decades ago the LSE was still the poor relation of the University of London's other colleges. Now... it regularly follows Oxford and Cambridge in league tables of research output and teaching quality and is at least as well-known abroad as Oxbridge". According to the magazine, the school "owes its success to the single-minded, American-style exploitation of its brand name and political connections by the recent directors, particularly Mr [[Anthony Giddens|Giddens]] and his predecessor, [[John Ashworth (biologist)|John Ashworth]]" and raises money from foreign students' high fees, which are attracted by academic stars such as [[Richard Sennett]].<ref>{{cite news |url=http://www.economist.com/node/687641 |title=The brain trade |newspaper=[[The Economist]] |date=5 July 2001 |access-date=18 January 2016 |archive-date=6 March 2016 |archive-url=https://web.archive.org/web/20160306061735/http://www.economist.com/node/687641 |url-status=live }}</ref>
==Programmes and admission==
<!-- Deleted image removed: [[Image:LSE 1950s.jpg|thumb|right|LSE's main entrance in the 1950s]] -->
[[Image:LondonSchoolofEconomics cford.jpg|thumb|right|The main entrance in the early 1990s]]
LSE is dedicated solely to the study and research of social sciences, and is the only university in the United Kingdom to be so. The School offers over 140 [[Master of Science|MSc]] programmes, 4 [[Master of Public Administration|MPA]] programmes, an [[Master of Laws|LLM]], 30 [[Bachelor of Science|BSc]] programmes, an [[Bachelor of Laws|LLB]] and 4 [[Bachelor of Arts|BA]] programmes (including International History and Geography).<ref>{{cite web|url=http://www.lse.ac.uk/resources/undergraduateProspectus2007/indexOfCourses.htm |title=LSE Undergraduate Prospectus |publisher=Lse.ac.uk |date= |accessdate=2010-04-26}}</ref> LSE is only one of two British universities to teach a BSc in [[Economic History]], the other being the [[University of Cambridge]]. Other subjects pioneered by LSE include anthropology, criminology, international relations, social psychology sociology and social policy.<ref name="autogenerated2">[http://www.thegooduniversityguide.org.uk/single.htm?ipg=6543 thegooduniversityguide]{{dead link|date=April 2010}}</ref> Courses are split across more than thirty research centres and nineteen departments, plus a Language Centre.<ref>{{cite web|url=http://www.lse.ac.uk/Depts/language/ |title=LSE Language Centre |publisher=Lse.ac.uk |date=2010-03-15 |accessdate=2010-04-26}}</ref> Since programmes are all within the social sciences, they closely resemble each other, and undergraduate students usually take at least one course module in a subject outside of their degree for their first and second years of study, promoting a broader education in the social sciences. At undergraduate level, certain departments are very small (90 students across three years of study), ensuring small lecture sizes and a more hands-on approach than other institutions.


In 2006, the school published a report disputing the costs of [[Identity Cards Act 2006|British government proposals to introduce compulsory ID cards]].<ref>{{cite news |url=http://news.bbc.co.uk/1/hi/uk_politics/4619218.stm |title=Politics ''"Ministers press on with ID cards"'' |date=17 January 2006 |access-date=6 January 2010 |archive-date=27 June 2006 |archive-url=https://web.archive.org/web/20060627233201/http://news.bbc.co.uk/1/hi/uk_politics/4619218.stm |url-status=live }}</ref><ref>{{cite news |url=http://image.guardian.co.uk/sys-files/Politics/documents/2005/06/27/identityreport.pdf |title=LSE ID Card Report |work=The Guardian |location=London |access-date=4 April 2010 |archive-date=27 March 2009 |archive-url=https://web.archive.org/web/20090327092305/http://image.guardian.co.uk/sys-files/Politics/documents/2005/06/27/identityreport.pdf |url-status=live }}</ref><ref>{{cite news |url=http://news.bbc.co.uk/1/hi/uk_politics/4711178.stm |title=Government staves off ID rebels |work=BBC News |date=14 February 2006 |access-date=6 January 2010 |archive-date=15 January 2009 |archive-url=https://web.archive.org/web/20090115093939/http://news.bbc.co.uk/1/hi/uk_politics/4711178.stm |url-status=live }}</ref> LSE academics were also represented on numerous national and international bodies in the early 21st century, including the UK Airports Commission,<ref>{{cite web|title=UK Airports Commission|url=https://www.gov.uk/government/people/ricky-burdett|publisher=UK Government|access-date=9 December 2013|archive-date=30 October 2013|archive-url=https://web.archive.org/web/20131030052414/https://www.gov.uk/government/people/ricky-burdett|url-status=live}}</ref> Independent Police Commission,<ref>{{cite web|date=25 November 2013|title=Policing for a better Britain|url=http://www.lse.ac.uk/website-archive/newsAndMedia/news/archives/2013/11/PolicingReport.aspx|url-status=dead|archive-url=https://web.archive.org/web/20181215175545/http://www.lse.ac.uk/website-archive/newsAndMedia/news/archives/2013/11/PolicingReport.aspx|archive-date=15 December 2018|access-date=9 December 2013|publisher=London School of Economics}}</ref> Migration Advisory Committee,<ref>{{cite web|title=Professor David Metcalf|url=https://www.lse.ac.uk/management/people/emeriti-visiting-staff/dmetcalf|access-date=26 May 2021|publisher=London School of Economics|archive-date=26 May 2021|archive-url=https://web.archive.org/web/20210526090706/https://www.lse.ac.uk/management/people/emeriti-visiting-staff/dmetcalf|url-status=live}}</ref> UN Advisory Board on Water and Sanitation,<ref>{{cite web|title=Professor Judith Rees|url=https://www.lse.ac.uk/granthaminstitute/profile/judith-rees/|access-date=26 May 2021|publisher=London School of Economics|archive-date=26 May 2021|archive-url=https://web.archive.org/web/20210526090910/https://www.lse.ac.uk/granthaminstitute/profile/judith-rees/|url-status=live}}</ref> London Finance Commission,<ref>{{cite web|title=LSE Professor calls for London to have a greater say over its taxes|url=http://www.lse.ac.uk/newsAndMedia/news/archives/2013/05/LondonFinanceCommission.aspx|url-status=dead|archive-url=https://web.archive.org/web/20181215175553/http://www.lse.ac.uk/website-archive/newsAndMedia/news/archives/2013/05/LondonFinanceCommission.aspx|archive-date=15 December 2018|access-date=9 December 2013|publisher=London School of Economics}}</ref> [[High Speed 2|HS2 Limited]],<ref>{{cite web|title=HS2 report overstated benefits by six to eight times, experts say|first=Gwyn|last=Topham|url=https://www.theguardian.com/uk-news/2013/nov/05/hs2-report-overstated-benefits-expert|work=The Guardian|date=5 November 2013|access-date=9 December 2013|archive-date=10 July 2023|archive-url=https://web.archive.org/web/20230710220721/https://www.theguardian.com/uk-news/2013/nov/05/hs2-report-overstated-benefits-expert|url-status=live}}</ref> the UK government's Infrastructure Commission<ref>{{cite web|date=5 October 2015|title=LSE recommendations behind UK government's new Infrastructure Commission|url=https://cep.lse.ac.uk/_NEW/NEWS/abstract.asp?index=5277|access-date=26 May 2021|publisher=Centre for Economic Performance|archive-date=26 May 2021|archive-url=https://web.archive.org/web/20210526094546/https://cep.lse.ac.uk/_NEW/NEWS/abstract.asp?index=5277|url-status=live}}</ref> and advising on architecture and urbanism for the London 2012 Olympics<ref>{{cite web|title=Professor Ricky Burdett – Commissioner A|url=https://www.gov.uk/government/people/ricky-burdett|access-date=9 December 2013|archive-date=30 October 2013|archive-url=https://web.archive.org/web/20131030052414/https://www.gov.uk/government/people/ricky-burdett|url-status=live}}</ref>
Admission to LSE is extremely competitive. According to 2008 UCAS figures, the school received 19,039 applications for 1,299 places. This means that 15 applicants fought for each place, which is the highest ratio of any university in Britain . Some courses, including Government, Economics and International Relations have more than 20 applicants per place and thus an admissions rate of around 5%.<ref name="ReferenceC"/><ref>{{cite web|url=http://www2.lse.ac.uk/undergraduateProspectus2010/courses/Economics/L1V3.aspx |title=Undergraduate - Undergraduate - Study - Home |publisher=.lse.ac.uk |date= |accessdate=2010-04-26}}</ref><ref name="autogenerated3"/> Consequently, LSE is one of the world's most selective universities at the undergraduate level, with many courses surpassing the 7-9 percent admissions yield of [[Ivy League]] universities [[Harvard]], [[Yale]], and [[Princeton University|Princeton]]. Most programmes give out typical offers of A*AA-AAB at A-Level. However, due to the selectivity of the school, most students arrive at the LSE with significantly higher grades; with the average student in 2009 obtaining 494 UCAS Tariff points (equivalent to nearly A*AAA at A-Level).


The LSE gained its own degree-awarding powers in 2006 and the first LSE degrees (rather than degrees of the University of London) were awarded in 2008.<ref name=LSEHistoryAbout/>
Entrance standards are also high for postgraduate students, who are required to have (for taught Master's courses) a First Class or good Upper Second Class UK [[honours degree]], or its foreign equivalent.<ref>[http://www.lse.ac.uk/resources/graduateProspectus2006/entryRequirementsAndApplicationProcess/entryRequirements.htm ]{{dead link|date=April 2010}}</ref> The applications success rate for postgraduate programmes varies, although most of the major courses, including Economics and International Relations, consistently have an acceptance rate below 10%.<ref name="thegooduniversityguide.org.uk">[http://www.thegooduniversityguide.org.uk/universities/university.php?ins=London%20School%20of%20Economics ]{{dead link|date=April 2010}}</ref> Some of the very top premium programmes such as the full time MSc Finance and the MSc Financial Mathematics have admission rates below 3%.<ref>{{cite web|url=http://www2.lse.ac.uk/graduateProspectus2010/taughtProgrammes/MScFinance_(fulltime).aspx |title=MSc Finance (full-time) - Taught programmes - Graduate Prospectus for entry in 2010 - Home |publisher=.lse.ac.uk |date=2010-02-19 |accessdate=2010-04-26}}</ref><ref>{{cite web|url=http://www2.lse.ac.uk/graduateProspectus2010/taughtProgrammes/MScFinancialMathematics.aspx |title=MSc Financial Mathematics - Taught programmes - Graduate Prospectus for entry in 2010 - Home |publisher=.lse.ac.uk |date=2009-11-27 |accessdate=2010-04-26}}</ref> However, the LSE plans to increase the number of graduate places offered, by expansion allowed by the purchase of additional faculty buildings.<ref>[http://www.thegooduniversityguide.org.uk/universities/university.php?inondon%20School%20of%20Economics ]{{dead link|date=April 2010}}</ref>


Following the passage of the University of London Act 2018, the LSE (along with other member institutions of the University of London) announced in early 2019 that they would seek university status in their own right while remaining part of the federal university.<ref>{{cite web|url=https://www.ucl.ac.uk/news/2019/mar/ucl-statement-university-london-act-2018|title=UCL statement on University of London Act 2018|date=11 March 2019|accessdate=2 August 2022|publisher=University College London|archive-date=7 July 2022|archive-url=https://web.archive.org/web/20220707024002/https://www.ucl.ac.uk/news/2019/mar/ucl-statement-university-london-act-2018|url-status=live}}</ref> Approval of university title was received from the Office for Students in May 2022 and updated Articles of Association formally constituting the school as a university were approved by LSE council 5 July 2022.<ref>{{cite web|url=https://info.lse.ac.uk/staff/our-community/Update-from-Chair-of-Council-summer-2022|title=Chair's Blog: Summer Term 2022|accessdate=2 August 2022|publisher=London School of Economics|author=Susan Liautaud|archive-date=6 July 2022|archive-url=https://web.archive.org/web/20220706135516/https://info.lse.ac.uk/staff/our-community/Update-from-Chair-of-Council-summer-2022|url-status=live}}</ref><ref>{{cite web|title=Articles of Association|url=https://info.lse.ac.uk/staff/services/Policies-and-procedures/Assets/Documents/Articles-of-Association.pdf|date=5 July 2022|accessdate=2 August 2022|publisher=London School of Economics|archive-date=2 August 2022|archive-url=https://web.archive.org/web/20220802163005/https://info.lse.ac.uk/staff/services/Policies-and-procedures/Assets/Documents/Articles-of-Association.pdf|url-status=live}}</ref>
[[Image: HoughtonStreet.jpg|thumb|right|Houghton Street, the center of the LSE campus]]


===Controversies===
The LSE has a university wide partnership in teaching and research with [[Columbia University]] in New York, [[Peking University]] and [[Sciences Po Paris]], with whom it offers various joint degrees. For example, the highly rated International History department offers a joint MA in International and World History with [[Columbia University]] and an MSc in International Affairs with [[Peking University]], with graduates earning degrees from both institutions.<ref>{{cite web|url=http://www2.lse.ac.uk/internationalHistory/degrees/masters/Home.aspx |title=Masters Programmes - Masters Programmes - Programmes and courses - International History - Home |publisher=.lse.ac.uk |date=2009-05-15 |accessdate=2010-04-26}}</ref> LSE also offers various joint degrees with other universities. It offers the TRIUM Global Executive MBA programme<ref>{{cite web|url=http://www.triumemba.org/ |title=TRIUM Global Executive MBA, top ranked alliance of NYU Stern, LSE and HEC Paris |publisher=Triumemba.org |date= |accessdate=2010-04-26}}</ref> jointly with [[Stern School of Business]] of [[New York University]] and [[HEC School of Management]], Paris. It is divided into six modules held in five international business locations over a 16-month period. LSE also offers a Dual [[Master of Public Administration]] ([[MPA]]) with Global Public Policy Network schools such as [http://mpa.sciences-po.fr/ Sciences Po Paris], the [[Hertie School of Governance]] and [[National University of Singapore]]. The school also runs exchange programmes with the [[University of Chicago Booth School of Business]], [[Fuqua School of Business]], [[Kellogg School of Management]], [[Stern School of Business]] and [[Yale School of Management]] as part of its MSc in International Management and an undergraduate student exchange programme with the [[University of California, Berkeley]] in Political Science.<ref>{{cite web|url=http://www.lse.ac.uk/collections/MES/programmes/mastersProgrammes/imex/Default.htm |title=IMEX programme |publisher=Lse.ac.uk |date= |accessdate=2010-04-26}}</ref>
{{See also|London School of Economics Gaddafi links}}
In February 2011, LSE had to face the consequences of [[matriculate|matriculating]] one of [[Muammar Gaddafi]]'s sons while accepting a £1.5m donation to the university from his family.<ref>{{cite news | title = LSE embroiled in row over authorship of Gaddafi's son's PhD thesis and a £1.5m gift to university's coffers | url = https://www.independent.co.uk/news/education/education-news/lse-embroiled-in-row-over-authorship-of-gaddafis-sons-phd-thesis-and-a-15m-gift-to-universitys-coffers-2226894.html | location = London | work = The Independent | first = Jonathan | last = Owen | date = 27 February 2011 | access-date = 4 September 2017 | archive-date = 25 September 2015 | archive-url = https://web.archive.org/web/20150925083246/http://www.independent.co.uk/news/education/education-news/lse-embroiled-in-row-over-authorship-of-gaddafis-sons-phd-thesis-and-a-15m-gift-to-universitys-coffers-2226894.html | url-status = live }}</ref> LSE director [[Howard Davies (economist)|Howard Davies]] resigned over allegations about the institution's links to the Libyan regime.<ref name=Davies>{{cite news | url=https://www.theguardian.com/education/2011/mar/03/lse-director-resigns-gaddafi-scandal | title=LSE head quits over Gaddafi scandal | work=The Guardian | location=UK | first1=Jeevan | last1=Vasagar | first2=Rajeev | last2=Syal | date=4 March 2011 | access-date=12 December 2016 | archive-date=6 January 2017 | archive-url=https://web.archive.org/web/20170106174229/https://www.theguardian.com/education/2011/mar/03/lse-director-resigns-gaddafi-scandal | url-status=live }}</ref> The LSE announced in a statement that it had accepted his resignation with "great regret" and that it had set up an external inquiry into the school's relationship with the Libyan regime and Saif al-Islam Gaddafi, to be conducted by the former lord chief justice [[Harry Woolf, Baron Woolf|Harry Woolf]].<ref name=Davies/>


In 2013, the LSE was featured in a [[BBC]] ''[[Panorama (TV series)|Panorama]]'' documentary on North Korea, filmed inside the repressive regime by undercover journalists attached to a trip by the [[LSE Students' Union#Grimshaw Club|LSE's Grimshaw Club]], a [[student society]] of the international relations department. The trip had been sanctioned by high-level North Korean officials.<ref name="NewsAUPanorama">{{cite web |url=http://www.news.com.au/world/bbc-panorama-news-documentary-sent-undercover-reporter-to-north-korea-with-students/story-fndir2ev-1226620052370 |title=BBC Panorama news documentary sent undercover reporter to North Korea with students |website=News.com.au |date=15 April 2013 |access-date=18 January 2016 |archive-date=10 June 2016 |archive-url=https://web.archive.org/web/20160610063302/http://www.news.com.au/world/bbc-panorama-news-documentary-sent-undercover-reporter-to-north-korea-with-students/story-fndir2ev-1226620052370 |url-status=dead }}</ref><ref name="Conlan">{{cite news |author=Tara Conlan |url=https://www.theguardian.com/media/2014/mar/17/bbc-apologise-lse-john-sweeney-north-korea-panorama |title=BBC to apologise to LSE over John Sweeney's North Korea documentary |newspaper=[[The Guardian]] |access-date=18 January 2016 |archive-date=13 February 2016 |archive-url=https://web.archive.org/web/20160213024413/http://www.theguardian.com/media/2014/mar/17/bbc-apologise-lse-john-sweeney-north-korea-panorama |url-status=live }}</ref> The trip caused international media attention as a BBC journalist was posing as a part of LSE.<ref>{{cite news|author=Josh Halliday|url=https://www.theguardian.com/education/2013/apr/17/north-korea-students-criticise-lse|title=Students say LSE has placed them at 'more risk' from North Korea|newspaper=[[The Guardian]]|access-date=18 January 2016|archive-date=9 January 2016|archive-url=https://web.archive.org/web/20160109093739/http://www.theguardian.com/education/2013/apr/17/north-korea-students-criticise-lse|url-status=live}}</ref> There was debate as to whether this put the students' lives in jeopardy in the repressive regime if a reporter had been exposed.<ref>{{cite news|url=http://timesofindia.indiatimes.com/world/rest-of-world/North-Korea-sends-threats-to-LSE-students/articleshow/19612600.cms|first=Kounteya|last=Sinha|title=North Korea sends threats to LSE students|work=[[The Times of India]]|date=18 April 2013|access-date=18 January 2016|archive-date=3 July 2017|archive-url=https://web.archive.org/web/20170703215137/http://timesofindia.indiatimes.com/world/rest-of-world/North-Korea-sends-threats-to-LSE-students/articleshow/19612600.cms|url-status=live}}</ref> The North Korean government made hostile threats towards the students and LSE after the publicity, which forced an apology from the BBC.<ref name="Conlan"/>
The LSE Summer School was established in 1989 and has expanded extensively with more than 3,000 participants in 2006. The Summer School offers over 50 subjects based on regular undergraduate courses, from the Accounting, Finance, Law, International Relations and Management departments, and takes place over two sessions of three weeks, in July and August each year. LSE also offers the LSE-PKU Summer School in collaboration with [[Peking University]]. Courses from both Summer Schools can be used as credit against other qualifications, and some courses can be taken as part of a conditional offer for LSE Masters programmes. In 2007 the Summer School accepted students from over 100 countries, including from some of the top colleges and universities in the world, as well as professionals from several national banks and major financial institutions. As well as the courses, accommodation in LSE halls of residence is available, and the Summer School provides a full social programme including guest lectures and receptions.<ref>{{cite web|url=http://www.lse.ac.uk/collections/summerSchool/ |title=LSE Summer School - LSE Summer School - Summer schools - Study - Home |publisher=Lse.ac.uk |date=2010-04-08 |accessdate=2010-04-26}}</ref>


In August 2015, it was revealed that the university was paid approximately £40,000 for a "glowing report" for [[Camila Batmanghelidjh]]'s charity, [[Kids Company]].<ref>{{cite news|url=https://www.timeshighereducation.co.uk/news/london-school-economics-was-paid-%C2%A340000-glowing-report-kids-company|title=London School of Economics was paid £40,000 for glowing report on Kids Company|work=Times Higher Education|date=12 August 2015|access-date=14 August 2015|archive-date=4 September 2015|archive-url=https://web.archive.org/web/20150904073918/https://www.timeshighereducation.co.uk/news/london-school-economics-was-paid-%C2%A340000-glowing-report-kids-company|url-status=live}}</ref> The study was used by Batmanghelidjh to prove that the charity provided good value for money and was well managed. The university did not disclose that the study was funded by the charity.
The School has formed formal academic agreements with five international universities - [[Columbia University in the City of New York|Columbia University]] (New York City), [[Science Po]], (Paris), the [[University of Cape Town]], [[Peking University]] (Beijing) and the [[National University of Singapore]], in addition to numerous research agreements with [[Oxford University|Oxford]], [[Harvard University|Harvard]], [[Yale University|Yale]], [[University of Chicago|Chicago]], [[New York University|NYU]], [[Imperial College]] and [[University of California, Berkeley|UC Berkeley]].


In 2023, the LSE formally cut ties with the LGBT charity [[Stonewall (charity)|Stonewall]], a decision which was sharply criticized as transphobic by the LSE Student Union but praised by gender-critical activists as being conducive to freedom of speech.<ref>{{Cite news |url=https://www.telegraph.co.uk/news/2023/01/20/university-launched-britains-first-pride-march-cuts-ties-stonewall/ |title=University that launched Britain's first Pride march cuts ties with Stonewall |last1=Somerville |first1=Ewan |access-date=8 February 2023 |archive-date=8 February 2023 |archive-url=https://web.archive.org/web/20230208132358/https://www.telegraph.co.uk/news/2023/01/20/university-launched-britains-first-pride-march-cuts-ties-stonewall/ |url-status=live }}</ref><ref>{{Cite news |url=https://www.spectator.co.uk/article/lse-is-right-to-cut-ties-with-stonewall/ |title=LSE is right to cut ties with Stonewall |last1=Armstrong |first1=John |access-date=8 February 2023 |archive-date=8 February 2023 |archive-url=https://web.archive.org/web/20230208132359/https://www.spectator.co.uk/article/lse-is-right-to-cut-ties-with-stonewall/ |url-status=live }}</ref>
==Student body==
There are nearly 7,800 full-time students and around 800 part-time students at the School. Of these, approximately 65% come from outside the [[United Kingdom]]. The LSE has the most international student body in the world,<ref name=london_156>{{cite news |url=http://www.timesonline.co.uk/tol/life_and_style/education/sunday_times_university_guide/article2496158.ece |title=The Sunday Times Good University Guide 2007 - Profile for London School of Economics|publisher=Times Online|accessdate=2008-06-06 | date=2007-09-23}}</ref> and at one time, LSE had more countries represented by students than the [[UN]].<ref name="ReferenceA">{{cite web|url=http://www.lse.ac.uk/informationAbout/aboutLSE/introductionToTheSchool.htm |title=About LSE - About LSE - Home |publisher=Lse.ac.uk |date=2009-11-30 |accessdate=2010-04-26}}</ref>


==== Industrial disputes ====
Almost 64% of LSE's students are postgraduates,<ref name="ReferenceA" /> an unusually high proportion in comparison with other British institutions. There is approximately an equal split between genders with 51% male and 49% female students.<ref name="ReferenceA"/>
In the summer of 2017, dozens of campus cleaners contracted via Noonan Services went on weekly strikes, protesting outside key buildings and causing significant disruption during end-of-year examinations.<ref>{{cite news|url=https://blogs.lse.ac.uk/gender/2016/11/14/justice-for-the-lse-cleaners/|title=Justice for the LSE Cleaners!|date=2016-11-14|website=Engenderings|language=en-US|access-date=2019-02-27|archive-date=28 February 2019|archive-url=https://web.archive.org/web/20190228065634/https://blogs.lse.ac.uk/gender/2016/11/14/justice-for-the-lse-cleaners/|url-status=live}}</ref> The dispute organised by the [[United Voices of the World|UVW union]] was originally over unfair dismissals of cleaners, but had escalated into a broad demand for decent employment rights matching those of LSE's in-house employees.<ref>{{Cite news|url=https://www.theguardian.com/commentisfree/2017/may/25/lse-striking-cleaners-outsourced-university-injustice|title=The courage of the LSE's striking cleaners can give us all hope {{!}} Owen Jones|last=Jones|first=Owen|date=2017-05-25|work=The Guardian|access-date=2019-02-27|language=en-GB|issn=0261-3077|archive-date=25 February 2019|archive-url=https://web.archive.org/web/20190225224003/https://www.theguardian.com/commentisfree/2017/may/25/lse-striking-cleaners-outsourced-university-injustice|url-status=live}}</ref> [[Owen Jones (writer)|Owen Jones]] did not cross the picket line after arriving for a debate on grammar schools with [[Peter Hitchens]].<ref>{{cite web|url=https://www.ibtimes.co.uk/left-wing-columnist-owen-jones-snubs-lse-debate-solidarity-striking-cleaners-1622133|title=Left-wing columnist Owen Jones snubs LSE debate in solidarity with striking cleaners|date=2017-05-18|website=International Business Times UK|language=en|access-date=2019-02-27|archive-date=28 February 2019|archive-url=https://web.archive.org/web/20190228004158/https://www.ibtimes.co.uk/left-wing-columnist-owen-jones-snubs-lse-debate-solidarity-striking-cleaners-1622133|url-status=live}}</ref> It was announced in June 2018 that some 200 outsourced workers at the LSE would be offered in-house contracts.<ref>{{cite web|url=https://notesfrombelow.org/article/rebellion-lse-cleaning-sector-inquiry|title=Rebellion at the LSE: a cleaning sector inquiry|website=Notes From Below|language=en|access-date=2019-02-27|archive-date=26 February 2019|archive-url=https://web.archive.org/web/20190226045714/https://notesfrombelow.org/article/rebellion-lse-cleaning-sector-inquiry|url-status=live}}</ref>


Since 2014/15, levels of academic casualisation have increased at the LSE, with the number of academics on fixed-term contracts increasing from 47% in 2016/2017 to 59% in 2021/2022,<ref name=":0">{{Cite web |last=HESA |date=2023 |title=HE academic staff by HE provider and employment conditions, Academic years 2014/15 to 2021/22 |url=https://www.hesa.ac.uk/data-and-analysis/staff/employment-conditions |access-date=27 July 2023 |website=HESA |archive-date=27 July 2023 |archive-url=https://web.archive.org/web/20230727181844/https://www.hesa.ac.uk/data-and-analysis/staff/employment-conditions |url-status=live }}</ref> according to Higher Education Statistical Agency data (internal LSE data puts the latest figure at 58.5%).<ref name=":1">{{Cite web |date=2023 |title="The Crisis of Academic Casualisation at LSE" |url=https://docs.google.com/document/d/1FQiPscs_epkMnBdPyp-h8Wosyuw1oWVgsOHnFivDELE/edit#heading=h.6vvsvf1up4kq |access-date=27 July 2023 |website=LSE UCU Report 2023 |archive-date=27 July 2023 |archive-url=https://web.archive.org/web/20230727181834/https://docs.google.com/document/d/1FQiPscs_epkMnBdPyp-h8Wosyuw1oWVgsOHnFivDELE/edit#heading=h.6vvsvf1up4kq |url-status=live }}</ref> During this same period, comparable universities such as [[University of Edinburgh]], [[University College London]] and [[Imperial College London|Imperial]] all increased their rates of permanent staff relative to those on fixed term contracts.<ref name=":0" /> Only Oxford had a higher proportion of casual academic work for the 2021/2022 year (66%) although in contrast to LSE, the proportion remained constant rather than rising.<ref name=":0" /> As a result, the student-to-permanent staff ratio at LSE has worsened and had, as of July 2023, the worst student-to-permanent staff ratio among comparable universities in the UK, according to HESA data.<ref name=":0" /> According to research conducted by the LSE UCU Branch into staff well-being, 82% of fixed term academic staff at the LSE experienced regular or constant anxiety about their professional futures.<ref name=":1" /> In the same survey, overwork and mental health issues were reported as endemic among respondents, with 40% of fellows reporting that their teaching hours exceeded LSE's universal teaching limit of 100 hours per academic year for LSE Fellows.<ref name=":1" />
==Students' union==
{{Main|LSE Students' Union}}
[[File:Student Union Blue.jpg|thumb|right|Logo of the LSE SU]]
LSE has its own [[students' union]] ([[LSE Students' Union|LSESU]]), which is affiliated to the [[National Union of Students (United Kingdom)|National Union of Students]] and the [[National Postgraduate Committee]], as well as to the [[University of London Union]]. The students' union is often regarded as the most politically active in Britain - a reputation it has held since the well documented LSE student riots in 1966-67 and 1968–69,<ref>{{cite news |title=BBC website: LSE Student Protests |url=http://news.bbc.co.uk/1/hi/uk_politics/6299579.stm | date=2007-05-31 | accessdate=2010-01-06 | work=BBC News}}</ref><ref>{{cite news |title=BBC website: On This Day - LSE Student Protests
|url=http://news.bbc.co.uk/onthisday/hi/dates/stories/march/13/newsid_2542000/2542639.stm | date=1967-03-13 | accessdate=2010-01-06 | work=BBC News}}</ref> which made international headlines.


In response to industrial action, which included not marking student work, taken by [[University and College Union|UCU]] in the summer of 2023 over pay and casualised working conditions, the LSE management took the decision to not accept partial performance of duties and to impose pay deductions on academic staff participating in the action.<ref name="pay deductions">{{Cite web |last=LSE |date=2023 |title="Industrial Action: marking and assessment boycott – frequently asked questions (FAQs) for staff and managers" |url=https://info.lse.ac.uk/staff/divisions/Human-Resources/Assets/Documents/Industrial-Action/Industrial-Action-FAQs-for-staff-and-managers-marking-assessment-boycott-May23.pdf |access-date=27 July 2023 |publisher=London School of Economics |archive-date=27 July 2023 |archive-url=https://web.archive.org/web/20230727165444/https://info.lse.ac.uk/staff/divisions/Human-Resources/Assets/Documents/Industrial-Action/Industrial-Action-FAQs-for-staff-and-managers-marking-assessment-boycott-May23.pdf |url-status=live }}</ref> The LSE also introduced an 'Exceptional Degree Classification Schemes' policy,<ref name=":2">{{Cite web |last=LSE Registrar's Division, Student Services |date=June 2023 |title="Marking and Assessment Boycott Summer 2023 Exceptional Degree Classification Schemes for Provisional Classifications" (PDF). |url=https://info.lse.ac.uk/staff/divisions/academic-registrars-division/Teaching-Quality-Assurance-and-Review-Office/Assets/Documents/Calendar/MAB-Summer-23-Exceptional-Degree-Classification-Schemes-for-Provisional-Classifications.pdf |access-date=27 July 2023 |publisher=London School of Economics |archive-date=27 July 2023 |archive-url=https://web.archive.org/web/20230727194732/https://info.lse.ac.uk/staff/divisions/academic-registrars-division/Teaching-Quality-Assurance-and-Review-Office/Assets/Documents/Calendar/MAB-Summer-23-Exceptional-Degree-Classification-Schemes-for-Provisional-Classifications.pdf |url-status=live }}</ref> allowing undergraduate and taught postgraduate students to be awarded provisional degrees on the basis of fewer grades than normally required. In the event that the final classification (once all marks are available) is lower than the provisional classification, the higher provisional classification will stand as the degree classification.<ref name=":2" />
The Union is responsible for the organisation and undertaking of entertainment events and student societies, as well as student welfare and issues regarding accommodation and other matters. As of 2010, there are over 200 societies (more than any other UK students' union), 40 sports clubs, a Raising and Giving (RAG) branch and a thriving media group.


==== ''The World Turned Upside Down'' ====
The Media Group is a collective of four distinct outlets, each with their own history and identity. A weekly student newspaper ''[[The Beaver]]'', is published each Tuesday during term time and is amongst the oldest student newspapers in the country. The Union's radio station'' [[PuLSEfm|Pulse!]]'' has existed since 1999, and the television station ''LooSE Television'' has existed since 2005. The ''[[Clare Market Review]]'' one of Britain's oldest student publications was revived in 2008 and has gone on to win many national awards. Students also get access to ''[[London Student]]'', which is published by the University of London Union.
[[File:The World Turned Upside Down (sculpture by Mark Wallinger).jpg|thumb|upright|''The World Turned Upside Down'' – Taiwan is coloured differently from China]]


A sculpture by [[Mark Wallinger]], ''[[The World Turned Upside Down (sculpture)|The World Turned Upside Down]]'', which features a globe resting on its north pole, was installed in Sheffield Street on the LSE campus on 26 March 2019. The artwork attracted controversy for showing [[Taiwan]] as a sovereign state rather than as part of [[China]],<ref>Martin Bailey (April 5, 2019), "[https://www.theartnewspaper.com/news/mark-wallinger Wallinger's upside-down globe outside LSE angers Chinese students for portraying Taiwan as an independent state]", ''[[The Art Newspaper]]''. {{Webarchive|url=https://web.archive.org/web/20190802193004/https://www.theartnewspaper.com/news/mark-wallinger |date=2 August 2019 }}.</ref><ref>{{cite web |last1=Chung |first1=Lawrence |title=Taipei complains about London university's decision to alter artwork and portray Taiwan as part of China |url=https://www.scmp.com/news/china/diplomacy/article/3004625/taipei-complains-about-english-universitys-decision-alter |url-access=subscription |date=4 April 2019 |publisher=South China Morning Post |access-date=5 April 2019 |archive-date=5 April 2019 |archive-url=https://web.archive.org/web/20190405114756/https://www.scmp.com/news/china/diplomacy/article/3004625/taipei-complains-about-english-universitys-decision-alter |url-status=live }}</ref><ref>{{cite web |last1=O'Connor |first1=Tom |title=China destroys 30,000 world maps showing 'problematic' borders of Taiwan and India |url=https://www.newsweek.com/china-destroys-maps-problem-borders-1375608 |date=26 March 2019 |work=Newsweek |access-date=5 April 2019 |archive-date=5 April 2019 |archive-url=https://web.archive.org/web/20190405075407/https://www.newsweek.com/china-destroys-maps-problem-borders-1375608 |url-status=live }}</ref> [[Lhasa]] being denoted as a full capital and depicting [[Sino-Indian border dispute|boundaries between India and China]] as recognised internationally. The sculpture also did not depict the [[State of Palestine]] as a separate country from Israel.
In various forms, RAG Week has been operating since 1980, when it was started by then Student Union Entertainments Officer and now New Zealand MP [[Tim Barnett (politician)|Tim Barnett]].


After protests and reactions from both Chinese and Taiwanese students,<ref>{{cite web|url=https://www.roc-taiwan.org/uk_en/post/5075.html |date=2019-04-05 |first1=Joseph |last1=Wu |publisher=Taipei Representative Office in the U.K. |title=Taiwan Foreign Minister writes open letter protesting LSE's decision to change depiction of Taiwan on sculpture|access-date=April 7, 2019|archive-date=7 April 2019|archive-url=https://web.archive.org/web/20190407154732/https://www.roc-taiwan.org/uk_en/post/5075.html|url-status=live}}</ref><ref>{{cite news|url=https://www.thetimes.co.uk/edition/news/london-school-of-economics-in-a-world-of-trouble-over-globe-artwork-7lc696x97|title=London School of Economics in a world of trouble over globe artwork|website=[[The Times]]|access-date=April 7, 2019|last1=Parker|first1=Charlie|archive-date=8 April 2019|archive-url=https://web.archive.org/web/20190408211430/https://www.thetimes.co.uk/edition/news/london-school-of-economics-in-a-world-of-trouble-over-globe-artwork-7lc696x97|url-status=live}}</ref> The university decided later that year that it would retain the original design which chromatically displayed the PRC and Taiwan as different entities consistent with the status quo, but with the addition of an asterisk beside the name of Taiwan and a corresponding placard that clarified the institution's position regarding the controversy.<ref>{{cite news |last1=Lin Chia-nan |title=Ministry lauds LSE for globe color decision |url=http://www.taipeitimes.com/News/front/archives/2019/07/11/2003718465 |work=Taipei Times |date=July 11, 2019 |access-date=10 August 2019 |archive-date=10 August 2019 |archive-url=https://web.archive.org/web/20190810001609/http://www.taipeitimes.com/News/front/archives/2019/07/11/2003718465 |url-status=live }}</ref><ref>{{cite news |title=Taiwan still distinct from China but given asterisk on LSE art work |url=http://focustaiwan.tw/news/aipl/201907100013.aspx |publisher=Focus Taiwan |date=2019-07-10 |access-date=10 August 2019 |archive-date=11 July 2019 |archive-url=https://web.archive.org/web/20190711125649/http://focustaiwan.tw/news/aipl/201907100013.aspx |url-status=live }}</ref>
Affiliated with the LSESU, the LSE Athletics Union is the body responsible for all sporting activity within the university. It is a member of [[British Universities & Colleges Sport]] (BUCS). In distinction to the "blues" awarded for sporting excellence at Oxford and Cambridge, LSE's outstanding athletes are awarded "purples".


==Location and campus life==
==Campus and estate==
[[File:LSE main entrance.jpg|thumb|Old Building|left]]
<!-- Deleted image removed: [[Image:Lse+library.jpg|thumb|[[The British Library of Political and Economic Science]] is the main library of LSE, and the world's largest social sciences library]] -->
[[Image:LschoolE.jpg|thumb|View of Houghton Street]]
[[File:LSE-mosa.jpg|thumb|St Clement's Building]]
LSE moved to its present day central London campus at [[Clare Market]] and Houghton Street in [[City of Westminster|Westminster]], off the [[Aldwych]] and next to the [[Royal Courts of Justice]] and [[Temple Bar, London|Temple Bar]] in 1902. In 1920, King George V laid the foundation stone of the Old Building, the principal building of the LSE. The School has gradually increased its ownership of adjacent buildings, creating an almost continuous campus between Kingsway and the Royal Courts of Justice. Today, the campus consists of approximately thirty buildings, connections between which have been established on an ad-hoc basis, with often confusing results. The floor levels of buildings do not always equate, leading to an individual being on a different "floor" after passing through a hallway. The campus also has a series of extension bridges between buildings created high on the upper floors to connect several buildings. The campus has often been referred to as an [[M.C. Escher]] maze.{{Citation needed|date=July 2009}} The school is also noted by its numerous statues, either animals or surrealist, often donated by alumni.


Since 1902, LSE has been based at [[Clare Market]] and Houghton Street (first syllable pronounced "How")<ref> the LSE </ref> in [[City of Westminster|Westminster]]. It is surrounded by a number of important institutions including the [[Royal Courts of Justice]], all four [[Inns of Court]]s, [[Royal College of Surgeons]], [[Sir John Soane's Museum]], and the [[West End of London|West End]] is immediately across [[Kingsway, London|Kingsway]] from campus, which also borders the [[City of London]] and is within walking distance to [[Trafalgar Square]] and the [[Houses of Parliament]].
LSE's campus went through a renewal under former Director [[Anthony Giddens]] (1996–2003), with the redevelopment of Connaught and Clement Houses on the Aldwych, and the purchase of buildings including the George IV public house, which had been nestled amongst the campus for decades, but is now owned by the LSE. Recent projects have included the £35 million renovation of the Lionel Robbins Building, which houses the British Library of Political and Economic Science, LSE's Library and a brand new Student Services Centre in the Old Building as well as the LSE Garrick on the junction of Houghton Street and Aldwych.


[[File:Sir Arthur Lewis Building September 2023.jpg|thumb|The [[Sir Arthur Lewis Building]] houses the Department of Economics and the [[International Growth Centre]].]]
The New Academic Building (the former Public Trust Building on Kingsway), is one of the most environmentally friendly university buildings in the UK. With an entrance overlooking Lincoln's Fields, the new building has dramatically increased the size of the campus, incorporating four new lecture theatres, the Departments of Management and Law, computer and study facilities.
In 1920, [[George V|King George V]] laid the foundation of the Old Building. The campus now occupies an almost continuous group of around 30 buildings between [[Kingsway, London|Kingsway]] and [[Aldwych]]. Alongside teaching and academic space, the institution owns 11 student halls of residence across London, a West End theatre (the [[Peacock Theatre|Peacock]]), early years centre, [[National Health Service|NHS]] medical centre and extensive sports ground in Berrylands, south London. LSE operates the George IV public house<ref>{{Cite web|url=https://info.lse.ac.uk/staff/services/catering/outlets|title=Restaurants and cafes on campus|publisher=London School of Economics|access-date=2020-04-22|archive-date=24 June 2020|archive-url=https://web.archive.org/web/20200624224409/https://info.lse.ac.uk/staff/services/catering/outlets|url-status=live}}</ref> and the students' union operates the Three Tuns bar.<ref>{{cite web|title=Food and drink|url=https://info.lse.ac.uk/current-students/estates-division/facilities-guide/food-and-drink|access-date=26 May 2021|website=London School of Economics and Political Science|archive-date=7 May 2021|archive-url=https://web.archive.org/web/20210507110757/https://info.lse.ac.uk/current-students/estates-division/facilities-guide/food-and-drink|url-status=live}}</ref> The school's campus is noted for its numerous public art installations, which include [[Richard Wilson (sculptor)|Richard Wilson]]'s ''Square the Block'',<ref>{{cite web|title=LSE unveils new Richard Wilson sculpture, Square the Block|url=http://www.lse.ac.uk/website-archive/newsAndMedia/news/archives/2009/09/RichardWilson.aspx|url-status=dead|archive-url=https://web.archive.org/web/20200719131847/http://www.lse.ac.uk/website-archive/newsAndMedia/news/archives/2009/09/RichardWilson.aspx|archive-date=19 July 2020|access-date=8 December 2013|website=London School of Economics and Political Science|publisher=London School of Economics}}</ref> Michael Brown's ''Blue Rain'',<ref>{{cite web|title=Blue Rain at LSE|url=http://www.lse.ac.uk/newsAndMedia/news/archives/2009/08/Bluerain.aspx|url-status=dead|archive-url=https://web.archive.org/web/20131212040015/http://www.lse.ac.uk/newsAndMedia/news/archives/2009/08/Bluerain.aspx|archive-date=12 December 2013|access-date=8 December 2013|website=London School of Economics and Political Science}}</ref> [[Christopher Le Brun]]'s ''Desert Window'',<ref>{{cite web|title=Stained Glass Window: Christopher Le Brun's Sacred Desert Window|url=https://info.lse.ac.uk/current-students/Faith-Centre/Faith-Centre-Spaces/Stained-Glass-WIndow|access-date=26 May 2021|website=London School of Economics and Political Science|publisher=London School of Economics|archive-date=26 May 2021|archive-url=https://web.archive.org/web/20210526105155/https://info.lse.ac.uk/current-students/Faith-Centre/Faith-Centre-Spaces/Stained-Glass-WIndow|url-status=live}}</ref> and [[Turner Prize]]-winner [[Mark Wallinger]]'s ''[[The World Turned Upside Down (sculpture)|The World Turned Upside Down]]''.<ref>{{Cite web |last=Science |first=London School of Economics and Political |title="The World Turned Upside Down" – LSE unveils new sculpture by Mark Wallinger |url=https://www.lse.ac.uk/News/Latest-news-from-LSE/2019/03-Mar-19/LSE-unveils-new-sculpture-by-Mark-Wallinger.aspx |access-date=2022-03-30 |website=London School of Economics and Political Science |date=26 March 2019 |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710220804/https://www.lse.ac.uk/News/Latest-news-from-LSE/2019/03-Mar-19/LSE-unveils-new-sculpture-by-Mark-Wallinger |url-status=live }}</ref><ref>{{Cite web |last=Society |first=Contemporary Art |date=2019-03-26 |title="The World Turned Upside Down" – LSE unveils new sculpture by Mark Wallinger, managed by CAS Consultancy |url=https://www.contemporaryartsociety.org/news/cas-news/world-turned-upside-lse-unveils-new-sculpture-mark-wallinger-managed-cas-consultancy/ |access-date=2022-03-30 |website=Contemporary Art Society |language=en-US |archive-date=24 May 2022 |archive-url=https://web.archive.org/web/20220524024601/https://www.contemporaryartsociety.org/news/cas-news/world-turned-upside-lse-unveils-new-sculpture-mark-wallinger-managed-cas-consultancy/ |url-status=live }}</ref><ref>{{Cite web |title=Turner Prize winner Mark Wallinger unveils new public work, The World Turned Upside Down |url=https://www.itsnicethat.com/news/mark-wallinger-the-world-turned-upside-down-lse-art-260319 |access-date=2022-03-30 |website=itsnicethat.com |language=en |archive-date=12 August 2022 |archive-url=https://web.archive.org/web/20220812215652/https://www.itsnicethat.com/news/mark-wallinger-the-world-turned-upside-down-lse-art-260319 |url-status=live }}</ref>


[[File:Centre Building, LSE from LSE Square.jpg|thumb|left|Centre Building, opened in 2019]]
The [[British Library of Political and Economic Science]] (BLPES) is currently the world's largest library solely dedicated to the social sciences, containing over 4.7 million volumes on its shelves. This also makes it the second largest single entity library in Britain, after the British Library at King's Cross.<ref>http://www.lse.ac.uk/library/guides/VisitorsLibraryGuide.pdf</ref> Other buildings of note include the [[Peacock Theatre]], the School's main lecture theatre, seating 999 persons, which by night serves as the West End base of [[Sadler's Wells]]. The venue is a member of the Society of London Theatre, and has hosted many dance, musical and dramatic productions, as well as serving as the base for many of the LSE' public lectures and discussions.
Since the early 2000s, the campus has undergone an extensive refurbishment project and a major fund-raising "Campaign for LSE" raised over £100 million in what was one of the largest university fund-raising exercises outside North America. This process began with the £35 million renovation of the [[British Library of Political and Economic Science]] by [[Foster and Partners]].<ref>{{Cite web |title=New British Library of Political and Economic Science at the LSE Opens |publisher=Foster + Partners |url=https://www.fosterandpartners.com/news/archive/2001/07/new-british-library-of-political-and-economic-science-at-the-lse-opens/ |access-date=2022-03-30 |language=en |archive-date=18 January 2022 |archive-url=https://web.archive.org/web/20220118050540/https://www.fosterandpartners.com/news/archive/2001/07/new-british-library-of-political-and-economic-science-at-the-lse-opens/ |url-status=live }}</ref>


[[File:NABuilding.JPG|thumb|right|The Cheng Kin Ku Building (CKK) houses the LSE Law School and the Department of Geography and Environment.]]
LSE is famous for its public lectures programme, organised by the LSE Events office which is open to students, alumni and the general public. These weekly lectures are regularly given by prominent national and international speakers including ambassadors, authors, CEOs, Members of Parliament, leading professors and heads of state.
In 2003, LSE purchased the former Public Trustee building at 24 Kingsway and engaged [[Nicholas Grimshaw|Sir Nicholas Grimshaw]] to redesign it into an ultra-modern educational facility at a total cost of over £45 million – increasing the size of the campus by {{convert|120000|sqft|m2}}. The New Academic Building opened for teaching in October 2008, with an official opening by [[Elizabeth II|Her Majesty the Queen]] and the [[Prince Philip, Duke of Edinburgh|Duke of Edinburgh]] on 5 November 2008.<ref name="New Academic Building">{{cite web|title=New Academic Building|url=http://www2.lse.ac.uk/intranet/LSEServices/estatesDivision/lseEstate/campusBuildings/newAcademicBuilding/Home.aspx|url-status=dead|archive-url=https://web.archive.org/web/20120925071401/http://www2.lse.ac.uk/intranet/LSEServices/estatesDivision/lseEstate/campusBuildings/newAcademicBuilding/Home.aspx|archive-date=25 September 2012|access-date=24 August 2012|website=London School of Economics and Political Science|publisher=London School of Economics}}</ref> In November 2009 the school purchased the adjacent Sardinia House to house three academic departments and the nearby Old White Horse public house, before acquiring the freehold of the grade-II listed [[HM Land Registry|Land Registry Building]] at [[32 Lincoln's Inn Fields]] in October 2010, which was reopened in March 2013 by [[The Princess Royal]] as the new home for the Department of Economics, [[International Growth Centre]] and its associated economic research centres. In 2015, LSE brought its ownership of buildings on [[Lincoln's Inn Fields]] to six, with the purchase of 5 Lincoln's Inn Fields on the north side of the square, which has since been converted into faculty accommodation.<ref>{{cite web |title=5 Lincoln's Inn Fields faculty accommodation |url=https://info.lse.ac.uk/staff/services/faculty-accommodation/property-portfolio/five-lincolns-inn-fields |access-date=22 January 2018 |publisher=London School of Economics |language=en-gb |archive-date=23 January 2018 |archive-url=https://web.archive.org/web/20180123131515/https://info.lse.ac.uk/staff/services/faculty-accommodation/property-portfolio/five-lincolns-inn-fields |url-status=live }}</ref>


===Saw Swee Hock Student Centre===
Recent speakers have included [[Gordon Brown]], [[Dmitri Medvedev]], [[John Atta Mills]], [[Alistair Darling]], [[George Soros]], [[David Cameron]], [[Kevin Rudd]], [[Bill Clinton]], [[George Osborne]], [[Lord Stern]], [[Cherie Booth]], [[Ben Bernanke]], [[John Major]], [[Mary McAleese]], [[Rowan Williams]], [[Alan Greenspan]], [[Robert Peston]], [[Will Hutton]], [[Hilary Benn]], [[Hazel Blears]], [[Richard Lambert]], [[Joschka Fischer]]. [[Jack Straw]], [[Margaret Thatcher|Baroness Thatcher]], [[Archbishop Desmond Tutu]], [[Jens Lehmann]], [[Kofi Annan]], [[Tony Blair]], [[Gerhard Schroeder]], [[John Lewis Gaddis]], [[Joseph Meegan]], [[Costas Simitis]], [[Luiz Inácio Lula da Silva]], [[Lee Hsien Loong]], [[Milton Friedman]], [[Jeffrey Sachs]], [[Vicente Fox]], [[Noam Chomsky]] and [[Nelson Mandela]].
The first new campus building for more than 40 years, the [[Saw Swee Hock]] Student Centre, named after the Singaporean statistician and philanthropist, opened in January 2014 following an [[architectural design competition]] managed by [[RIBA Competitions]].<ref>{{Cite web |title=Saw Swee Hock Student Centre |url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw |access-date=2022-03-30 |publisher=London School of Economics |archive-date=26 May 2021 |archive-url=https://web.archive.org/web/20210526112036/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw |url-status=live }}</ref><ref>{{Cite web |last=Science |first=London School of Economics and Political |title=In Memoriam: Professor Saw Swee Hock (1931–2021) |url=https://www.lse.ac.uk/seac/people/saw-swee-hock.aspx |access-date=2022-03-30 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710220725/https://www.lse.ac.uk/seac/people/saw-swee-hock |url-status=live }}</ref> The building provides accommodation for the [[LSE Students' Union]], LSE accommodation office and LSE careers service as well as a bar, events space, gymnasium, rooftop terrace, learning café, dance studio, and media centre.<ref>{{cite web|title=Saw Swee Hock Student Centre|url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw|access-date=26 May 2021|website=London School of Economics and Political Science|publisher=London School of Economics|archive-date=26 May 2021|archive-url=https://web.archive.org/web/20210526112036/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw|url-status=live}}</ref> Designed by architectural practice O'Donnell and Tuomey, the building achieved a [[BREEAM]] 'Outstanding' rating for environmental sustainability, won multiple awards including the RIBA National Award and London Building of the Year Award, and was shortlisted for the [[Stirling Prize]].<ref>{{Cite web |title=LSE Saw Swee Hock Center |url=https://www.urbansystems.design/experience/lse-saw-swee-hock-center |access-date=2022-03-30 |website=Urban Systems Design {{!}} MEP & Environmental Engineers |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710220752/https://www.urbansystems.design/experience/lse-saw-swee-hock-center |url-status=live }}</ref><ref>{{Cite web |title=In the news |url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw/in-the-news |access-date=2022-03-30 |publisher=London School of Economics |archive-date=30 March 2022 |archive-url=https://web.archive.org/web/20220330231841/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw/in-the-news |url-status=live }}</ref><ref>{{Cite web |title=SAW Awards |url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw/saw-awards |access-date=2022-03-30 |publisher=London School of Economics |archive-date=31 March 2022 |archive-url=https://web.archive.org/web/20220331170939/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/saw/saw-awards |url-status=live }}</ref><ref>{{Cite news |date=2014-10-09 |title=Riba Stirling Prize 2014: Saw Swee Hock Student Centre |language=en-GB |work=BBC News |url=https://www.bbc.com/news/magazine-29498668 |access-date=2022-03-30 |archive-date=31 March 2022 |archive-url=https://web.archive.org/web/20220331180657/https://www.bbc.com/news/magazine-29498668 |url-status=live }}</ref>


[[File:OldCuriosityShop.JPG|thumb|The 16th-century Old Curiosity Shop is now owned (freehold) and managed by the LSE.]]
LSE has also introduced LSE Live, which is a series of public lectures that are broadcast live over the internet, as well as being open to the LSE community, and occasionally to the general public. Introduced in 2008, the series has seen many prominent speakers such as [[George Soros]], [[Thomas L. Friedman]], [[Fareed Zakaria]] and most recently, [[Ben Bernanke]], chairman of the Federal Reserve Bank of the United States.<ref>{{cite web |title=LSE Live: LSE Live Podcast |url=http://www.lse.ac.uk/collections/LSEPublicLecturesAndEvents/live/LSELive_previous.htm}}</ref>


===Centre Building===
The LSE also hosts many concerts and plays, with [[We Are Scientists]], [[Wiley (rapper)|Wiley]], [[Robin Williams]], [[Alan Fletcher]] (better known as [[Neighbours|Neighbours']] [[Dr. Karl Kennedy]]) and [[Tim Westwood]] performing along with numerous lunchtime classical music recitals.


The Centre Building, situated opposite the British Library of Political and Economic Science, opened in June 2019. Designed by [[Rogers Stirk Harbour + Partners|Rogers Stirk Harbour and Partners]] following a RIBA competition, the 13-storey building includes 14 seminar rooms seating between 20 and 60, 234 study spaces, a 200-seater auditorium, as well as three lecture theatres.<ref>{{Cite web|url=https://beaveronline.co.uk/centre-buildings-redevelopment-set-to-open-on-schedule-in-june/|title=Centre Buildings Redevelopment set to open on schedule in June|last=Carpenter|first=Scott|date=2019-05-21|website=The Beaver Online|language=en-US|access-date=2019-08-23|archive-date=6 July 2019|archive-url=https://web.archive.org/web/20190706200951/https://beaveronline.co.uk/centre-buildings-redevelopment-set-to-open-on-schedule-in-june/|url-status=dead}}</ref> The building hosts the School of Public Policy, the Departments of Government and International Relations, the European Institute, and the International Inequalities Institute. It includes publicly accessible roof terraces and a renovated square at the centre of campus.<ref>{{Cite web |title=Centre Building (CBG) |url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/centre-buildings-redevelopment |access-date=2022-03-29 |publisher=London School of Economics |archive-date=6 July 2019 |archive-url=https://web.archive.org/web/20190706200929/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/centre-buildings-redevelopment |url-status=live }}</ref><ref>{{Cite web|url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/centre-buildings-redevelopment|title=Centre Buildings Redevelopment (CBR)|publisher=London School of Economics|access-date=2019-08-23|archive-date=6 July 2019|archive-url=https://web.archive.org/web/20190706200929/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/centre-buildings-redevelopment|url-status=live}}</ref><ref>{{cite web |title=Rogers Stirk Harbour + Partners selected to design LSE's New Global Centre for the Social Sciences |url=http://www.lse.ac.uk/newsAndMedia/news/archives/2013/11/-Rogers-Stirk-Harbour--Partners-selected-to-design-LSEs-New-Global-Centre-for-the-Social-Sciences-.aspx |url-status=dead |archive-url=https://web.archive.org/web/20131212040321/http://www.lse.ac.uk/newsAndMedia/news/archives/2013/11/-Rogers-Stirk-Harbour--Partners-selected-to-design-LSEs-New-Global-Centre-for-the-Social-Sciences-.aspx |archive-date=12 December 2013 |access-date=8 December 2013 |website=London School of Economics }}</ref> The building design was recognised with RIBA's London Award and National Award in 2021.<ref>{{Cite web |last=RIBA |date=2022-03-30 |title=Centre Building at LSE |url=https://www.architecture.com/awards-and-competitions-landing-page/awards/riba-regional-awards/riba-london-award-winners/2021/centre-building-at-lse |access-date=2022-03-30 |website=architecture.com |archive-date=31 March 2022 |archive-url=https://web.archive.org/web/20220331171018/https://www.architecture.com/awards-and-competitions-landing-page/awards/riba-regional-awards/riba-london-award-winners/2021/centre-building-at-lse |url-status=live }}</ref><ref>{{Cite web |last=Science |first=London School of Economics and Political |date=2021-09-10 |title=LSE's Centre Building named one of UK's best new buildings by RIBA |url=https://www.lse.ac.uk/News/Latest-news-from-LSE/2021/i-September-21/LSE-Centre-Building-RIBA.aspx |access-date=2022-03-30 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710220725/https://www.lse.ac.uk/News/Latest-news-from-LSE/2021/i-September-21/LSE-Centre-Building-RIBA |url-status=live }}</ref><ref>{{Cite web |title=CBG Awards |url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/centre-buildings-redevelopment/cbg-awards |access-date=2022-03-30 |publisher=London School of Economics |archive-date=31 March 2022 |archive-url=https://web.archive.org/web/20220331170832/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/centre-buildings-redevelopment/cbg-awards |url-status=live }}</ref><ref>{{Cite web |last=Ravenscroft |first=Tom |date=2021-09-08 |title=RIBA reveals UK's best buildings for 2021 |url=https://www.dezeen.com/2021/09/09/2021-riba-national-awards/ |access-date=2022-03-30 |website=Dezeen |language=en |archive-date=31 March 2022 |archive-url=https://web.archive.org/web/20220331170620/https://www.dezeen.com/2021/09/09/2021-riba-national-awards/ |url-status=live }}</ref>
==Accommodation==
[[Image:NorthumberlandHouse.jpg|thumb|right|Northumberland House]]
LSE operates eleven halls of residence centred in and around central London, consisting ten residential facilities owned and operated by LSE and a further residence operated by Shaftesbury Student Housing. Together, these residences accommodate over 3,500 students.<ref>{{cite web|url=http://www.lse.ac.uk/accommodation/RES_intro.htm |title=Accommodation - Accommodation for students - Life at LSE - Home |publisher=Lse.ac.uk |date=2010-02-16 |accessdate=2010-04-26}}</ref> In addition, there are also eight intercollegiate halls shared with other constituent colleges of the [[University of London]], accommodating approximately 25% of the School's first year intake.


===Marshall Building===
The School guarantees accommodation for all first-year undergraduate students, regardless of their present address. Many of the School's larger postgraduate population are also catered for, with some specific residences available for postgraduate living. Whilst none of the residences are located at the Houghton Street campus, the closest, Grosvenor House is within a five-minute walk from the School in [[Covent Garden]], whilst the farthest residences (Nutford and [[Butler's Wharf]] are approximately forty-five minutes by [[London Underground|Tube]] or [[London Buses|Bus]].
The Marshall Building, located at 44 Lincoln's Inn Fields, opened in January 2022.<ref>{{Cite web |last=Science |first=London School of Economics and Political |date=2022-03-29 |title=The Marshall Building |url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/the-marshall-building |access-date=2022-03-29 |publisher=London School of Economics |archive-date=20 March 2022 |archive-url=https://web.archive.org/web/20220320123815/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/the-marshall-building |url-status=live }}</ref> Designed by Grafton Architects and named after British investor [[Paul Marshall (investor)|Paul Marshall]], the building houses the Departments of Management, Accounting, and Finance, sports facilities, and the Marshall Institute for Philanthropy and Social Entrepreneurship.<ref>{{Cite web |last=Moore |first=Rowan |date=2022-03-20 |title=The Marshall Building, London review – brutalist brilliance |url=https://www.theguardian.com/artanddesign/2022/mar/20/the-marshall-building-london-review-brutalist-brilliance |access-date=2022-03-29 |website=The Observer |language=en |archive-date=29 March 2022 |archive-url=https://web.archive.org/web/20220329153512/https://www.theguardian.com/artanddesign/2022/mar/20/the-marshall-building-london-review-brutalist-brilliance |url-status=live }}</ref><ref>{{cite web |title=LSE announces The Marshall Institute for Philanthropy and Social Entrepreneurship |url=http://www.lse.ac.uk/website-archive/newsAndMedia/newsArchives/2015/04/MarshallInstitute.aspx |url-status=dead |archive-url=https://web.archive.org/web/20180905102057/http://www.lse.ac.uk/website-archive/newsAndMedia/newsArchives/2015/04/MarshallInstitute.aspx |archive-date=5 September 2018 |access-date=22 January 2018 |website=London School of Economics and Political Science |language=en-gb}}</ref><ref>{{Cite web |last=Wainwright |first=Oliver |date=2022-01-31 |title='A vortex of thinking' – inside the LSE's brawny, brainy new building |url=https://www.theguardian.com/artanddesign/2022/jan/31/vortex-of-thinking-lses-brawny-brainy-new-building-curiosity-shop |access-date=2022-03-29 |website=The Guardian |language=en |archive-date=29 March 2022 |archive-url=https://web.archive.org/web/20220329153512/https://www.theguardian.com/artanddesign/2022/jan/31/vortex-of-thinking-lses-brawny-brainy-new-building-curiosity-shop |url-status=live }}</ref> The site was previously home to the [[Francis Crick Institute]]'s laboratories, which LSE purchased in 2013.<ref>{{Cite web |title=The Marshall Building location |url=https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/the-marshall-building/the-marshall-building-location |access-date=2022-03-30 |publisher=London School of Economics |archive-date=30 March 2022 |archive-url=https://web.archive.org/web/20220330134107/https://info.lse.ac.uk/staff/divisions/estates-division/lse-estate/development-projects/the-marshall-building/the-marshall-building-location |url-status=live }}</ref><ref>{{Cite web |last=Bourke |first=Joanna |date=August 23, 2013 |title=LSE buys Midtown block |url=https://www.egi.co.uk/news/lse-buys-midtown-block/ |access-date=March 30, 2022 |website=EG Radius |archive-date=7 October 2022 |archive-url=https://web.archive.org/web/20221007211222/https://www.egi.co.uk/news/lse-buys-midtown-block/ |url-status=live }}</ref>


===Future expansion===
Each residence accommodates a mixture of students both domestic and foreign, male and female, and, usually, undergraduate and postgraduate. New undergraduate students (including [[the General Course|General Course]] students) occupy approximately 36% of all spaces, with postgraduates taking approximately 56% and continuing students about 8% of places.
[[File:View of LSE from NAB.jpg|thumb|LSE Campus as viewed from the terrace of the New Academic Building in January 2018, showing the Centre Building's redevelopment and the demolition of 44 Lincoln's Inn Fields]]
On 15 November 2017, LSE announced that it acquired the Nuffield Building at 35 Lincoln's Inn Fields from the [[Royal College of Surgeons of England|Royal College of Surgeons]] and plans to redevelop the site to host the Firoz Lalji Global Hub, the departments of Mathematics, Statistics and Methodology, the Data Science Institute, and conference and executive education facilities. The new building will be designed by [[David Chipperfield|David Chipperfield Architects]].<ref>{{Cite news|url=http://www.lse.ac.uk/News/Latest-news-from-LSE/2017/11-November-2017/LSE-and-RCS-announce-completion-of-purchase-of-Nuffield-Building|title=LSE and Royal College of Surgeons announce completion of purchase of Nuffield Building|work=London School of Economics and Political Science|access-date=22 January 2018|language=en-gb|archive-date=23 January 2018|archive-url=https://web.archive.org/web/20180123072841/http://www.lse.ac.uk/News/Latest-news-from-LSE/2017/11-November-2017/LSE-and-RCS-announce-completion-of-purchase-of-Nuffield-Building|url-status=live}}</ref><ref>{{Cite web |last=Dunton |first=Jim |date=16 February 2022 |title=LSE reveals shortlist for £100m+ Lincoln's Inn Fields project |url=https://www.bdonline.co.uk/news/lse-reveals-shortlist-for-100m-lincolns-inn-fields-project/5116091.article |access-date=2022-03-29 |website=Building Design |language=en |archive-date=17 February 2022 |archive-url=https://web.archive.org/web/20220217154237/https://www.bdonline.co.uk/news/lse-reveals-shortlist-for-100m-lincolns-inn-fields-project/5116091.article |url-status=live }}</ref><ref>{{Cite web |last=Science |first=London School of Economics and Political |date=2 November 2021 |title=LSE announces the Firoz Lalji Global Hub |url=https://shapingtheworld.lse.ac.uk/latest-news/lse-announces-the-firoz-lalji-global-hub |access-date=2022-03-31 |website=LSE Shaping the World |language=en |archive-date=5 April 2022 |archive-url=https://web.archive.org/web/20220405152616/https://shapingtheworld.lse.ac.uk/latest-news/lse-announces-the-firoz-lalji-global-hub |url-status=live }}</ref><ref>{{Cite web |last=Fulcher |first=Merlin |date=2021-12-14 |title=LSE launches contest for £120m 'last set piece' addition to campus |url=https://www.architectsjournal.co.uk/competitions/lse-launches-contest-for-120m-last-set-piece-addition-to-campus |access-date=2022-03-31 |website=The Architects' Journal |language=en |archive-date=31 March 2022 |archive-url=https://web.archive.org/web/20220331171037/https://www.architectsjournal.co.uk/competitions/lse-launches-contest-for-120m-last-set-piece-addition-to-campus |url-status=live }}</ref>


=== Sustainability ===
The largest residence, Bankside, opened in 1996 and accommodates 617 students across eight floors overlooking the River Thames and located behind the popular [[Tate Modern]] art gallery on the south bank of the River. [[High Holborn]], approximately 10 minutes from campus was opened in 1995 and remains the second largest residence. Other accommodation is located well for London's attractions and facilities - Butler's Wharf is situated next to [[Tower Bridge]], Rosebery in the [[London Borough of Islington]] and near [[Sadler's Wells Theatre|Sadler's Wells]] and Carr-Saunders Hall, named after the LSE professor is approximately 5 minutes from [[Telecom Tower]] in the heart of [[Fitzrovia]].
In 2021, LSE claimed to be the first UK university to be independently verified as carbon-neutral, which it achieved by funding rainforest trees to [[Carbon offset|offset emissions]] through the Finnish organisation ([[Osakeyhtiö|Oy]]) Compensate.<ref>{{Cite news |date=2021-11-04 |title=LSE becomes first carbon-neutral university |language=en-GB |work=[[BBC News]] |url=https://www.bbc.com/news/uk-england-59153034 |access-date=2021-11-05 |archive-date=5 November 2021 |archive-url=https://web.archive.org/web/20211105092807/https://www.bbc.com/news/uk-england-59153034 |url-status=live }}</ref><ref>{{Cite web |last=Science |first=London School of Economics and Political |title=LSE becomes the first Carbon Neutral verified university in the UK |url=https://www.lse.ac.uk/News/Latest-news-from-LSE/2021/k-November-21/LSE-becomes-the-first-Carbon-Neutral-verified-university-in-the-UK.aspx |access-date=2021-11-05 |website=London School of Economics and Political Science |date=4 November 2021 |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710221304/https://www.lse.ac.uk/News/Latest-news-from-LSE/2021/k-November-21/LSE-becomes-the-first-Carbon-Neutral-verified-university-in-the-UK |url-status=live }}</ref> However, LSE omitted some of its emissions in its calculation and thus did not offset all of them. While it measured and offset emissions from heating, electricity, and faculty air travel, the school left out other travel-related emissions, as well as emissions from construction and on-campus food. LSE plans to offset the remaining emissions ([[Carbon accounting|scope 1 through 3]]) by 2050.<ref>{{Cite web|date=November 2021|title=Questions and Answers: LSE's carbon footprint|url=https://info.lse.ac.uk/staff/divisions/estates-division/sustainable-lse/assets/documents/what-we-do/carbon/qaa-carbon-footprint.pdf|url-status=live|archive-url=https://web.archive.org/web/20211105082037/https://info.lse.ac.uk/staff/divisions/estates-division/sustainable-lse/assets/documents/what-we-do/carbon/qaa-carbon-footprint.pdf|archive-date=2021-11-05|access-date=2021-11-05|website=London School of Economics}}</ref><ref>{{Cite web |last=Ellis |first=Rosa |date=2021-11-04 |title=London School of Economics claims carbon neutral status |url=https://www.timeshighereducation.com/news/london-school-economics-claims-carbon-neutral-status |access-date=2022-03-30 |website=Times Higher Education (THE) |language=en |archive-date=31 March 2022 |archive-url=https://web.archive.org/web/20220331171935/https://www.timeshighereducation.com/news/london-school-economics-claims-carbon-neutral-status |url-status=live }}</ref><ref>{{Cite web |last=Higgins |first=James |date=2021-11-04 |title=LSE claims to be country's first carbon neutral university |url=https://universitybusiness.co.uk/sustainability/lse-countrys-first-carbon-neutral-university/ |access-date=2022-03-30 |website=University Business |language=en-GB |archive-date=19 May 2022 |archive-url=https://web.archive.org/web/20220519181806/https://universitybusiness.co.uk/sustainability/lse-countrys-first-carbon-neutral-university/ |url-status=live }}</ref>


==Organisation and administration==
[[Image:Gh new.jpg|thumb|right|Grosvenor House Studios]]
Since 2005, the School has opened three new residences to provide accommodation for all first year students. Lilian Knowles, independently operated, is home for approximately 360 students and opened in 2006. Planning permission was sought to convert Northumberland House, on [[Northumberland Avenue]] into a new residence on 2 June 2005, and the accommodation opened to students in October 2006.


===Governance===
The newest accommodation development is Northumberland House, a Grade II listed building, located between the Strand and Thames Embankment. It was formerly a [[Victorian era|Victorian]] grand hotel and lately government offices.
[[File:Lse george iv.jpg|thumb|upright|The George IV, a pub owned by LSE]]Although LSE is a constituent college of the federal University of London, it is in many ways comparable with free-standing, self-governing, and independently funded universities, and it awards its own degrees.


LSE is incorporated under the [[Companies Act]] as a company limited by guarantee and is an exempt charity within the meaning of Schedule Two of the [[Charities Act 1993]].<ref name="annrep">{{cite web|title=Financial statements|url=https://info.lse.ac.uk/staff/divisions/Finance-Division/annual-accounts/financial-statements|access-date=27 May 2021|website=London School of Economics and Political Science|publisher=London School of Economics|archive-date=27 May 2021|archive-url=https://web.archive.org/web/20210527115959/https://info.lse.ac.uk/staff/divisions/Finance-Division/annual-accounts/financial-statements|url-status=live}}</ref> The principal governance bodies of the LSE are: the LSE Council; the Court of Governors; the academic board; and the director and director's management team.<ref name=annrep/>
The closest residence to the Houghton Street campus is reserved for postgraduate students and is located on the eastern side of [[Drury Lane]] at the crossroads of [[Great Queen Street]] and [[Long Acre]]. Grosvenor House, converted from a Victorian office building, opened in September 2005. The residence is unique in that all of its 169 rooms are small, self-contained studios, with private toilet and shower facilities and a mini-kitchen.


The LSE Council is responsible for strategy and its members are company directors of the school. It has specific responsibilities in relation to areas including the monitoring of institutional performance; finance and financial sustainability; audit arrangements; estate strategy; human resource and employment policy; health and safety; "educational character and mission", and student experience. The council is supported in carrying out its role by a number of committees that report directly to it.<ref name=annrep/>
There are also eight [[University of London#Intercollegiate halls|intercollegiate halls]].


The Court of Governors deals with certain constitutional matters and has pre-decision discussions on key policy issues and the involvement of individual governors in the school's activities. The court has the following formal powers: the appointment of members of the court, its subcommittees, and the council; election of the chair and vice chairs of the court and council and honorary fellows of the school; the amendment of the memorandum and articles of association; and the appointment of external auditors.<ref name=annrep/>
Some students are also selected to live in [[International Students House, London]].


The academic board is LSE's principal academic body and considers all major issues of general policy affecting the academic life of the school and its development. It is chaired by the director, with staff and student membership, and is supported by its own structure of committees. The vice chair of the academic board serves as a non-director member of the council and makes a termly report to the council.<ref name=annrep/> Since the [[COVID-19 pandemic|COVID-19 Pandemic]], the Academic Board has moved online and has not yet returned to in-person meetings, changing the dynamic of engagement.
==Libraries and archives==
{{Main|British Library of Political and Economic Science}}
[[Image:LSE large.jpg|thumb|Library roof]]
The main library of the LSE is the [[British Library of Political and Economic Science]] (BLPES). It is the home of the world's largest social and political sciences Library. Founded in 1896, it has been the national social science library of the United Kingdom and Commonwealth and all its collections have been recognised for their outstanding national and international importance and awarded 'Designation' status by the Museums Libraries and Archives Council (MLA).


====President and Vice-Chancellor====
BLPES responds to around 6,500 visits from students and staff each day. In addition, it provides a specialist international research collection, serving over 12,000 registered external users each year.
{{multiple image

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The Shaw Library, housed in an impressive room in the Old Building contains the university's collection of fiction and general readings for leisure and entertainment. The [[Fabian Window]] is also located within the library, having been unveiled by [[Tony Blair]] in 2003.
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Additionally, students are permitted to use the libraries of any other University of London college, and the extensive facilities at [[Senate House (University of London)|Senate House]] Library, situated in [[Russell Square]].
| image1 = Walter Adams.jpg

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==Academics==
| caption1 = [[Walter Adams (historian)|Sir Walter Adams]]
The [[Fulbright Commission]] states that "The London School of Economics and Political Science is the leading social science institution in the world".<ref>{{cite web|url=http://www.fulbright.co.uk/fulbright-awards/for-us-citizens/postgraduate-student-awards/university-partners/lse |title=Fullbright Commission |publisher=Fulbright.co.uk |date= |accessdate=2010-04-26}}</ref>
| image2 = I. G. Patel.jpg
<!-- Deleted image removed: [[File:lse sculpture.jpg|thumb|right|Modern Art fixture at the LSE]] --><!-- Deleted image removed: [[File:LSE penguin.jpg|thumb|right|Iconic penguin statue on the LSE campus]] -->
| width2 = 150
[[File:Lse_library_interior.jpg|thumb|right|Interior of the [[Norman Foster]] designed library at LSE]]
| caption2 = [[Indraprasad Gordhanbhai Patel|I. G. Patel]]
In the [[Times Higher Education-QS World University Rankings]], the school was ranked 11th in the world in 2004 and 2005, but controversially dropped to 66th and 67th in the 2008 and 2009 edition. The school administration asserts that the fall was due to a controversial change in methodology which hindered social science institutions.<ref>- [http://www2.lse.ac.uk/.../LSEServices/.../LSEInvestigationsIntoTheTHEandQSleaguetables.aspx]</ref> In January 2010, THE concluded that their existing methodology system with [[Quacquarelli Symonds]] was flawed in such a way that it was unfairly biased against certain schools, including the LSE.<ref name="autogenerated4">{{cite web|url=http://www2.lse.ac.uk/intranet/LSEServices/divisionsAndDepartments/ERD/LSEinUniversityLeagueTables.aspx |title=LSE in university league tables - External Relations Division - Administrative and academic support divisions - Services and divisions - Staff and students - Home |publisher=.lse.ac.uk |date= |accessdate=2010-04-26}}</ref> A representative of [[Thomson Reuters]], THE's new partner, even stated: "The LSE stood at only 67th in the last Times Higher Education-QS World University Rankings - some mistake surely? Yes, and quite a big one."<ref name="autogenerated4"/> Nevertheless, the school was the only one of its type to finish in the top 200 universities, and was thus stated to be the best medium sized specialised research university in the world. Incidentally, LSE often scores well in the social science specific section of the ranking. Indeed, it has never finished out of the top 5 in the world; ranking 5th, 4th, 3rd and 2nd in the last five years.<ref>{{cite web|url=http://www.topuniversities.com/university-rankings/world-university-rankings/2009/subject-rankings/social-sciences |title=THE - QS World University Rankings 2009 - Social Sciences |publisher=Top Universities |date=2009-11-12 |accessdate=2010-04-26}}</ref> LSE also appears high up in the employer review surveys and since the rankings inception, has never finished outside of the world's top 5 universities in the eyes of employers. In the 2008 Research Assessment Exercise, the LSE had the highest percentage of world-leading research of any British higher education institution.<ref>{{cite news| url=http://www.independent.co.uk/news/education/education-news/lse-beats-oxford-and-cambridge-to-become-best-research-centre-1202324.html | work=The Independent | location=London | title=LSE beats Oxford and Cambridge to become best research centre | first=Richard | last=Garner | date=2008-12-18 | accessdate=2010-04-04}}</ref> The Independent Newspaper placed LSE first in the country for its research, on the basis that 35% of its faculty were judged to be doing world leading work, compared to 32% for both [[Oxford]] and [[Cambridge]] respectively.<ref>{{cite web|url=http://www2.lse.ac.uk/researchAndExpertise/RAE2008/home.aspx |title=Research Assessment Exercise 2008 - RAE 2008 - Research and expertise - Home |publisher=.lse.ac.uk |date=2009-11-25 |accessdate=2010-04-26}}</ref> Furthermore, according to the Times Newspaper, the LSE ranks as joint-second (with Oxford) by grade point average across the fourteen units of assessment submitted, behind only Cambridge.<ref>http://extras.timesonline.co.uk/gug/gooduniversityguide.php</ref><ref>{{cite news| url=http://extras.timesonline.co.uk/stug/universityguide.php?sort=RESEARCH | work=The Times | location=London | accessdate=2010-04-04}}</ref><ref>{{cite news| url=http://www.timesonline.co.uk/tol/life_and_style/education/sunday_times_university_guide/article2497779.ece | work=The Times | location=London | title=How the guide was compiled | date=2008-09-21 | accessdate=2010-04-04}}</ref> According to these RAE results, the LSE is the UK's top research university in Anthropology, Economics, Law, Social Policy and European Studies.<ref>{{cite web|url=http://www.rae.ac.uk/submissions/submissions.aspx?id=36&type=uoa |title=RAE 2008 : Submissions : Submissions list |publisher=Rae.ac.uk |date= |accessdate=2010-04-26}}</ref><ref>{{cite news| url=http://www.guardian.co.uk/education/table/2008/dec/18/rae-2008-business-and-management-studies | work=The Guardian | location=London | title=RAE 2008: business and management studies results | date=2008-12-18 | accessdate=2010-04-04}}</ref>
}}
[[File:Lse_richard_wilson.jpg|thumb|right|A [[Richard Wilson]] sculpture on the facade of the LSE's New Academic Building]]
[[File:John Ashworth.jpg|thumb|upright=0.7|[[John Ashworth (vice-chancellor)|Sir John Ashworth]]]]

[[File:Professor_Craig_Calhoun.jpg|thumb|upright=0.7|[[Craig Calhoun]]]]
Various specific LSE departments also ranked highly. In 2009, the MSc Management and Strategy programme was ranked 4th in the world by the ''Financial Times' Masters in Management Ranking'' (4th in 2008, 3rd in 2007, 8th in 2006, 4th in 2005)<ref>{{cite web|url=http://rankings.ft.com/businessschoolrankings/masters-in-management |title=Business school rankings and MBA rankings from the Financial Times |publisher=Rankings.ft.com |date= |accessdate=2010-04-26}}</ref> and the TRIUM Executive MBA was ranked 2nd in the world by the 2009 ''Financial Times EMBA Ranking''.<ref>{{cite web|url=http://rankings.ft.com/businessschoolrankings/emba-rankings |title=Business school rankings and MBA rankings from the Financial Times |publisher=Rankings.ft.com |date= |accessdate=2010-04-26}}</ref> The LSE also ranks highly in various world rankings of Economics and International Relations departments. With regards to the latter, a February 2009 TRIP survey of 2,724 academics from International Relations faculty in 10 countries placed LSE's PhD program 6th in the world and its terminal masters programs (which include MSc's in International Relations, International Relations Theory, Theory and History of International Relations, History of International Relations, and International Political Economy) 7th in the world and 1st amongst British and African academics surveyed. One of the flagship MSc degrees is the MSc in Econometrics and Mathematical Economics <ref>{{cite web|url=http://www2.lse.ac.uk/graduateProspectus2010/taughtProgrammes/MScEconometricsAndMathematicalEconomics.aspx |title=MSc Econometics and Mathematical Economics |publisher=www.lse.ac.uk |accessdate=2010-03-05}}</ref>, which has been named one of the most prestigious 5 degrees in the world<ref>{{cite web|url=http://uk.askmen.com/fine_living/investing/4b_investing.html |title=Most prestigious degrees in the world |publisher=askmen.com |accessdate=2010-03-05 }}</ref>, alongside Harvard's MBA. The programme is considered the top feeder to top US PhD programmes, and is recognised as arguably the toughest MSc-level degree in the world. Also highly esteemed, is the Department of Philosophy, Logic and Scientific Method which was established in 1946 by [[Karl Popper]]. Popper is widely regarded as one of the greatest philosophers of the 20th century and is noted for his influential theories regarding [[falsification]] and [[open society]]. Both he and his successor [[Imre Lakatos]], who joined the department in 1960, were instrumental in shaping 20th century philosophy of science and the social sciences.<ref>{{cite web|url= http://www.lse.ac.uk/collections/philosophyLogicAndScientificMethod/aboutTheDepartment.htm}}</ref> The Philosophical Gourmet Report of 2009 ranks the department as 1st in the world for Philosophy of the Social Science.<ref>{{cite web|url= http://www.philosophicalgourmet.com/breakdown.asp}}</ref>


The president and vice-chancellor (titled director until 2022) is the head of LSE and its chief executive officer, responsible for executive management and leadership on academic issues. The vice-chancellor reports to and is accountable to the council. The vice-chancellor is also the accountable officer for the purposes of the [[Office for Students]] financial memorandum. The LSE's current interim vice-chancellor is [[Eric Neumayer]], who replaced [[Minouche Shafik]] on 23 June 2023. In July 2023, the LSE announced that [[Hewlett Foundation]] head [[Larry Kramer (legal scholar)|Larry Kramer]] would become president and vice-chancellor in April 2024.<ref name="kramer-president">{{cite web |title=LSE announces appointment of new President and Vice-Chancellor |url=https://www.lse.ac.uk/News/Latest-news-from-LSE/2023/g-July-2023/LSE-appoints-new-President-and-Vice-Chancellor |publisher=London School of Economics and Political Science |access-date=28 July 2023 |date=28 July 2023 |archive-date=28 July 2023 |archive-url=https://web.archive.org/web/20230728141216/https://www.lse.ac.uk/News/Latest-news-from-LSE/2023/g-July-2023/LSE-appoints-new-President-and-Vice-Chancellor |url-status=live }}</ref>


The president is supported by four pro-vice chancellors with designated portfolios (education; research; planning and resources; faculty development), the school secretary, the chief operating officer, the chief finance officer, and the chief philanthropy and global engagement officer.<ref>{{cite web|url=https://info.lse.ac.uk/staff/divisions/directorate/SMC/SMC-Contacts|title=SMC Contacts|publisher=London School of Economics|access-date=26 December 2022|archive-date=27 December 2022|archive-url=https://web.archive.org/web/20221227065130/https://info.lse.ac.uk/staff/divisions/directorate/SMC/SMC-Contacts|url-status=live}}</ref>
Domestically, LSE is one of only five British institutions to have never ranked outside the top 10 in any newspaper compiled league table. The school, with Imperial College, has often dominated the position immediately after Oxbridge, but since 2009, has controversially slipped due to the introduction of student satisfaction scores; in which the school currently ranks between 5th and 9th places out of 129 universities. Indeed, the LSE ranked 3rd overall in the ''Sunday Times University Guide''' cumulative ranking over a ten year period (1997–2007).<ref>{{cite news| url=http://www.timesonline.co.uk/tol/life_and_style/education/sunday_times_university_guide/article2511354.ece | work=The Times | location=London | title=Performance over 10 years | date=2007-09-22 | accessdate=2010-04-04}}</ref>, but dropped to 7th, in the 2009 Times Good University Guide.<ref name="extras.timesonline.co.uk">{{cite news| url=http://extras.timesonline.co.uk/tol_gug/gooduniversityguide.php | work=The Times | location=London | accessdate=2010-04-04}}</ref><ref>{{cite news| url=http://www.timesonline.co.uk/tol/life_and_style/education/sunday_times_university_guide/article4773713.ece | work=The Times | location=London | title=Profile London School of Economics and Political Science | date=2009-09-13 | accessdate=2010-04-04}}</ref> LSE graduates often score highly in the 'employment prospects' section of guides, with students considered to have the best 'graduate prospects' of any British university in all 2009 rankings.


{| class="wikitable" style="border: 5px solid #BBB; margin: .96em 0 0 .9em;"
===Rankings===
|+President and Vice-Chancellor / Directors (old)
{| class="wikitable"
!Years !! Name
|+[[League tables of British universities|UK University Rankings]]
|-
|-
|1895–1903|| [[William Hewins]]
! Assessor
! 2011
! 2010
! 2009
! 2008
! 2007
! 2006
! 2005
! 2004
! 2003
! 2002
! 2001
! 2000
! 1999
! 1998
|-
|-
|1903–1908|| [[Halford Mackinder|Sir Halford Mackinder]]
! Times Good University Guide
|
| 7<sup>th</sup><ref>{{cite news|url=http://extras.timesonline.co.uk/tol_gug/gooduniversityguide.php|title=The Times Good University Guide|work=[[The Times]]|accessdate=2009-08-21 | location=London}}</ref>
| 4<sup>th</sup><ref name="extras.timesonline.co.uk"/>
| 4<sup>th</sup><ref>{{cite news |url=http://extras.timesonline.co.uk/gug/gooduniversityguide.php |title=The Times Good University Guide 2008|work=[[The Times]]|accessdate=2007-11-03 | location=London}}</ref>
| 4<sup>th</sup><ref>{{cite news |url=http://www.timesonline.co.uk/displayPopup/0,,102571,00.html |title=The Times Good University Guide 2007 - Top Universities 2007 League Table|work=[[The Times]]|accessdate=2007-11-03 | location=London}}</ref>
| 4<sup>th</sup><ref>{{cite news |url=http://www.timesonline.co.uk/displayPopup/0,,32607,00.html |title=The Times Top Universities |work=[[The Times]]|accessdate=2007-11-03 | location=London}}</ref>
| 4<sup>th</sup><ref>{{cite news |url=http://www.timesonline.co.uk/displayPopup/0,,32607,00.html |title=The Times Top Universities 2005|work=[[The Times]] | location=London | accessdate=2010-04-04}}</ref>
| 4<sup>th</sup>
| 4<sup>th</sup> <ref name="www2.lse.ac.uk">http://www2.lse.ac.uk/ERD/2008%2010%2008%20LSE%20and%20league%20tables%202%20-%20full%20table.xls</ref>
| 5<sup>th</sup> <ref name="www2.lse.ac.uk"/>
| 7<sup>th</sup>= <ref name="www2.lse.ac.uk"/>
| 8<sup>th</sup>=
| 8<sup>th</sup>=
| 3<sup>rd</sup>
|-
|-
|1908–1919|| [[William Pember Reeves|The Hon. William Pember Reeves]]
! Guardian University Guide
|
| 5<sup>th</sup><ref name="Guardian 2010">{{cite news|url=http://www.guardian.co.uk/education/table/2009/may/12/university-league-table |title=University guide 2010: University league table |date=21 August 2009 | work=The Guardian | location=London | accessdate=2010-04-04}}</ref>
| 3<sup>rd</sup><ref name="Guardian 2008">{{cite news |url=http://browse.guardian.co.uk/education?SearchBySubject=&FirstRow=29&SortOrderDirection=&SortOrderColumn=GuardianTeachingScore&Subject=University+ranking&Institution= |title=University ranking by institution |work=[[The Guardian]]|accessdate=2007-10-29 | location=London}}</ref>
| 6<sup>th</sup><ref name="Guardian 2008" />
| 3<sup>rd</sup>
| 3<sup>rd</sup><ref name="Guardian 2006">{{cite news |url=http://browse.guardian.co.uk/education/2006?SearchBySubject=&FirstRow=20&SortOrderDirection=&SortOrderColumn=GuardianTeachingScore&Subject=Institution-wide&Institution= |title=University ranking by institution |work=[[The Guardian]]|accessdate=2007-10-29 | location=London}}</ref>
| 5<sup>th</sup><ref name="Guardian 2005">{{cite news |url=http://education.guardian.co.uk/universityguide2005/table/0,,-5163901,00.html?chosen=Durham&tariff=0&start=40&index=3&alpha=0 |title=University ranking by institution |work=[[The Guardian]] | location=London | accessdate=2010-04-04}}</ref>
| 5<sup>th</sup><ref name="Guardian 2004">{{cite news |url=http://education.guardian.co.uk/universityguide2004/table/0,,1222167,00.html|title=University ranking by institution 2004|work=[[The Guardian]]|accessdate=2009-01-19 | location=London}}</ref>
| 3<sup>rd</sup><ref name="Guardian 2003">{{cite news |url=http://education.guardian.co.uk/higher/unitable/0,,-4668575,00.html |title=University ranking by institution |work=[[The Guardian]] 2003 (University Guide 2004) | location=London | accessdate=2010-04-04}}</ref>
| 3<sup>rd</sup><ref name="FT 2002-war" />
|
|
|
|
|-
|-
|1919–1937|| [[William Beveridge|Lord Beveridge]]
! Sunday Times University Guide
|
| 9<sup>th</sup><ref name="Sunday_times 2010">{{cite news |url=http://extras.timesonline.co.uk/stug/universityguide.php |title=The Sunday Times University League Table |work=[[The Sunday Times]]|accessdate=2008-09-14 | location=London}}</ref>
| 4<sup>th</sup>
| 4<sup>th</sup><ref name="Sunday_times 2008/09">{{cite news |url=http://extras.timesonline.co.uk/stug/universityguide.php |title=The Sunday Times University League Table |work=[[The Sunday Times]]|accessdate=2008-10-08 | location=London}}</ref>
| 3<ref name="timesonline.co.uk">{{cite news| url=http://www.timesonline.co.uk/tol/life_and_style/education/good_university_guide/article2132052.ece | work=The Times | location=London | title=London School of Economics | date=2009-06-01 | accessdate=2010-04-04}}</ref>
| 3<sup>th</sup><ref name="Sunday_times 2006/05">{{cite news |url=http://extras.timesonline.co.uk/stug2006/stug2006.pdf |format=PDF|title=The Sunday Times University League Table |work=[[The Sunday Times]]|accessdate=2007-11-03 | location=London}}</ref>
| 4
| 4<sup>th</sup><ref name=st10y>{{cite news|url=http://extras.timesonline.co.uk/pdfs/univ07ten.pdf|format=PDF|title=University ranking based on performance over 10 years|publisher=[[Times Online]]|year=2007|accessdate=2008-04-28 | location=London}}</ref>
| 3<sup>rd</sup><ref name=st10y />
| 3<sup>rd</sup><ref name=st10y />
| 3<sup>rd</sup><ref name=st10y />
| 3<sup>rd</sup><ref name=st10y />
| 3<sup>rd</sup><ref name=st10y />
| 4<sup>th</sup><ref name=st10y />
|-
|-
|1937–1957|| [[Alexander Carr-Saunders|Sir Alexander Carr-Saunders]]
! Daily Telegraph
|
|
|
|
| 4<sup>th</sup><ref name="Telegraph 2006">{{cite web |url=http://www.telegraph.co.uk/news/main.jhtml;jsessionid=HXFCSGXMNVABTQFIQMFCFGGAVCBQYIV0?xml=/news/2007/07/30/ncambs430.xml |title= University league table |work=[[The Daily Telegraph]]|accessdate=2007-10-29 | location=London}}</ref>
|
|
|
|
| 3<sup>rd</sup><ref name="FT 2002-war" />
|
|
|
|
|-
|-
|1957–1967|| [[Sydney Caine|Sir Sydney Caine]]
! FT
|
|
|
|
|
|
|
|
| 4<sup>th</sup><ref name="FT 2003">{{cite web |url=http://www.grb.uk.com/448.0.html?cHash=5015838e9d&tx_ttnews%5Btt_news%5D=9&tx_ttnews%5Buid%5D=9 |title=The FT 2003 University ranking |work=[[Financial Times]] 2003}}</ref><ref name="FT 2003-yrk">{{cite web |url=http://www.york.ac.uk/admin/presspr/ft100league.htm |title=The FT 2002 University ranking - From Yourk |work=York Press Release 2003}}</ref>
| 4<sup>th</sup><ref name="FT 2002-war">{{cite web |url=http://www2.warwick.ac.uk/services/academicoffice/ourservices/planning/businessinformation/academicstatistics/2002/table_81.xls |title=The 2002 rankings - From Warwick |work=Warwick Uni 2002}}</ref>
| 4<sup>th</sup>=<ref name="FT2001">{{cite web
|url=http://specials.ft.com/universities2001/FT3HLLAN6LC.html |title= FT league table 2001 |work=[[Financial Times|FT]] league tables 2001 }}</ref>
| 4<sup>th</sup><ref name="FT2000">{{cite web
|url=http://specials.ft.com/ln/ftsurveys/industry/pdf/top100table.pdf |format=PDF|title= FT league table 1999-2000 |work=[[Financial Times|FT]] league tables 1999-2000 }}</ref>
| 4<sup>th</sup><ref name="FT2000F">{{cite web
|url=http://specials.ft.com/ln/ftsurveys/industry/scbbbe.htm |title= FT league table 2000 |work=[[Financial Times|FT]] league tables 2000 }}</ref>
|
|-
|-
|1967–1974|| [[Walter Adams (historian)|Sir Walter Adams]]
![[The Complete University Guide|Complete University Guide]]
|-
| 5<sup>th</sup><ref>{{cite web |url= http://www.thecompleteuniversityguide.co.uk/single.htm?ipg=8726
|1974–1984|| [[Ralf Dahrendorf|Lord Dahrendorf]]
|title=The Complete University Guide 2011|work=[[The Complete University Guide]]}}</ref>
|-
| 4<sup>th</sup><ref>{{cite web |url= http://www.thecompleteuniversityguide.co.uk/single.htm?ipg=8726
|1984–1990|| [[Indraprasad Gordhanbhai Patel]]
|title=The Complete University Guide 2010|work=[[The Complete University Guide]]}}</ref>
|-
| 3<sup>rd</sup>=<ref name="The Independent 2008/09">{{cite news |url=http://www.independent.co.uk/news/education/higher/the-main-league-table-2009-813839.html |title=The Independent University League Table |work=[[The Independent]] | location=London | date=2008-04-24 | accessdate=2010-04-04}}</ref>
|1990–1996|| [[John Ashworth (vice-chancellor)|Sir John Ashworth]]
| 4<sup>th</sup><ref name="The Independent 2008/09" />
|
|-
|1996–2003|| [[Anthony Giddens|Lord Giddens]]
|
|
|-
|2003–2011|| [[Howard Davies (economist)|Sir Howard Davies]]
|
|
|-
|2011–2012|| [[Judith Rees]] (interim)
|
|
|-
|2012–2016<sup>†</sup> || [[Craig Calhoun]]
|
|
|-
|2016–2017 || [[Julia Black]] (interim)
|
|-
|2017–2023 || [[Minouche Shafik]]
|-
|2023–2024 || [[Eric Neumayer]] (interim)
|-
|2024–present || [[Larry Kramer (legal scholar)|Larry Kramer]]
|}
|}
<small><sup>†</sup> Titled as director and president<ref>{{cite web|url=http://www.lse.ac.uk/south-asia-centre/people/senior-advisory-board|title=Senior Advisory Board|work=LSE South Asia Centre|quote='''Craig J Calhoun''' is university professor in social sciences at Arizona State University. Prior to this, he was president of the Berggruen Institute in Los Angeles, California (2016–18); and director and president of LSE (2012–16), where he remains a centennial professor. Craig has also been president of the Social Science Research Council in New York (1999–2012), and university professor at NYU (2004–12).|access-date=26 August 2019|archive-date=26 August 2019|archive-url=https://web.archive.org/web/20190826152048/http://www.lse.ac.uk/south-asia-centre/people/senior-advisory-board|url-status=live}}</ref></small>


==Economic contribution and history==
===Academic departments and institutes===
LSE's research and teaching are organised into a network of independent academic departments established by the LSE Council, the school's governing body, on the advice of the academic board, the school's senior academic authority. There are currently 27 academic departments or institutes.
=== LSE vs. Cambridge ===
[[File:Friedrich Hayek portrait.jpg|thumb|px400|right|Friedrich Hayek, Nobel Prize for Economics winner]]
The 1930s economic debate between LSE and [[University of Cambridge|Cambridge]] is well-known in academic circles. Rivalry between academic opinion at LSE and Cambridge goes back to the School's roots when LSE's [[Edwin Cannan]] (1861–1935), Professor of Economics, and Cambridge's Professor of Political Economy, [[Alfred Marshall]] (1842–1924), the leading economist of the day, argued about the bedrock matter of economics and whether the subject should be considered as an organic whole. (Marshall disapproved of LSE's separate listing of pure theory and its insistence on economic history.)


{{div col|colwidth=25em}}
The dispute also concerned the question of the economist's role, and whether this should be as a detached expert or a practical adviser. For LSE and the historical economists, economic theory's application was of greater significance than economic theory itself.{{POV-statement|date=December 2007}} LSE and Cambridge economists worked jointly in the 1920s - for example, the London and Cambridge Economic Service - but the 1930s brought a return to the dispute as LSE and Cambridge argued over the solution to the economic depression.
* Department of Accounting
* Department of Anthropology
* Department of Economic History
* Department of Economics
* Department of Finance
* Department of Geography and Environment
* Department of Gender Studies
* Department of Health Policy
* Department of Government
* Department of International Development
* Department of International History
* Department of International Relations
* Department of Management
* Department of Mathematics
* Department of Media and Communications
* Department of Methodology
* Department of Philosophy, Logic and Scientific Method
* Department of Psychological and Behavioural Science
* Department of Social Policy
* Department of Sociology
* Department of Statistics
* European Institute
* International Inequalities Institute
* Institute of Public Affairs
* Language Centre
* [[LSE Law School]]
* Marshall Institute for Philanthropy and Social Entrepreneurship<ref>{{cite web |url=http://www.lse.ac.uk/newsAndMedia/news/archives/2015/04/MarshallInstitute.aspx |title=LSE announces The Marshall Institute for Philanthropy and Social Entrepreneurship – 04 – 2015 – News archive – News – News and media – Home |publisher=London School of Economics |date=25 April 2015 |access-date=18 January 2016 |archive-date=29 April 2015 |archive-url=https://web.archive.org/web/20150429190902/http://www.lse.ac.uk/newsAndMedia/news/archives/2015/04/MarshallInstitute.aspx |url-status=live }}</ref>
* School of Public Policy
{{div col end}}


===Finances===
LSE's [[Lionel Robbins|Robbins]] and [[Friedrich Hayek|Hayek]], and Cambridge's [[John Maynard Keynes|Keynes]] were chief figures in the intellectual disagreement between the institutions. The controversy widened from deflation versus demand management as a solution to the economic problems of the day, to broader conceptions of economics and macroeconomics. Robbins and Hayek's views were based on the [[Austrian School]] of Economics with its emphasis on free trade and anti-interventionism, while Keynes advanced a brand of economic theory now known as [[Keynesian economics|Keynesianism]] which advocates active policy responses by the public sector.
In the financial year ending 31 July 2024, the London School of Economics (LSE) had a total income of £525.6&nbsp;million (2022/23 – £466.1&nbsp;million) and total expenditure of £344.4&nbsp;million (2022/23 – £424.8&nbsp;million).<ref name="LSE Financial Statement 23/24"/> Key sources of income included £316.4&nbsp;million from tuition fees and education contracts (2022/23 – £295.0&nbsp;million), £26.8&nbsp;million from funding body grants (2022/23 – £29.1&nbsp;million), £41.4&nbsp;million from research grants and contracts (2022/23 – £39.6&nbsp;million), £11.6&nbsp;million from investment income (2022/23 – £7.8&nbsp;million) and £49.3&nbsp;million from donations and endowments (2022/23 – £22.7&nbsp;million).<ref name="LSE Financial Statement 23/24"/>


At year end, the LSE had endowments of £255.5&nbsp;million (2022/23 – £229.3&nbsp;million) and total net assets of £1.009&nbsp;billion (2022/23 – £793.2&nbsp;million).<ref name="LSE Financial Statement 23/24"/>
==People==

{{See also|List of London School of Economics people}}
The [[Times Higher Education]] Pay Survey 2017 revealed that, among larger, non-specialist institutions, LSE professors and academics were the highest paid in the UK, with average incomes of £103,886 and £65,177 respectively.<ref>{{cite news|url=https://www.timeshighereducation.com/features/times-higher-education-pay-survey-2017|title=Times Higher Education Pay Survey 2017|date=4 May 2017|author=Simon Baker|work=Times Higher Education|access-date=23 May 2017|archive-date=9 May 2017|archive-url=https://web.archive.org/web/20170509114023/https://www.timeshighereducation.com/features/times-higher-education-pay-survey-2017|url-status=live}}</ref>
{| class="wikitable" style="float: right; border: 5px solid #BBB; margin: .96em 0 0 .9em;"

|- style="font-size: 86%;""
====Endowment====
|+ '''Nobel Laureates associated with the London School of Economics'''<ref name="LSENobel">{{cite web|title = Nobel Prize winners|url = http://www2.lse.ac.uk/ERD/pressAndInformationOffice/LSEFacts/nobelPrizeWinners/Home.aspx|publisher = London School of Economics|date = 2009-03-17|accessdate = 2009-07-26}}</ref>

|'''Year''' || '''Recipient''' || '''Prize'''
The LSE is aiming to increase the size of its endowment fund to more than £1bn, which would make it one of the best resourced institutions in the UK and the world. The effort was initiated in 2016 by Lord Myners, then chairman of the LSE's Council and Court of Governors. The plan includes working with wealthy alumni of LSE to make large contributions, increasing the annual budget surplus, and launching a new, widescale alumni donor campaign. The plan to grow LSE's endowment to more than £1bn has been continued by Lord Myners' successors at the LSE.<ref>{{cite web|url=https://www.ft.com/content/83554b84-a8a9-11e5-955c-1e1d6de94879 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/83554b84-a8a9-11e5-955c-1e1d6de94879 |archive-date=10 December 2022 |url-access=subscription |title=LSE looks to boost endowment fund to £1bn |website=Financial Times |date=4 January 2016 |access-date=21 August 2017}}</ref> The LSE stated in 2016 that currently "limited endowment funding constrains our ability to offer 'needs blind' admission to students".<ref name="financial statement 2016">{{cite web|title=Financial Statements|url=https://info.lse.ac.uk/staff/divisions/Finance-Division/annual-accounts/financial-statements|access-date=27 May 2021|website=London School of Economics and Political Science|archive-date=27 May 2021|archive-url=https://web.archive.org/web/20210527115959/https://info.lse.ac.uk/staff/divisions/Finance-Division/annual-accounts/financial-statements|url-status=live}}</ref> In the ten-year period between 2015 and 2024, the endowment more than doubled from £113 million to £255 million, making it the [[List of UK universities by endowment|sixth-largest endowment]] of any university in the UK.<ref>{{cite web | url = https://info.lse.ac.uk/staff/divisions/Finance-Division/assets/annual-accounts/PDF/2014-15-FinancialStatements-FINAL-for-PUBLICATION-1.pdf | title = Financial Statements for the Year to 31 July 2015 | access-date = 22 December 2015 | publisher = London School of Economics | page = 22 | archive-date = 7 June 2023 | archive-url = https://web.archive.org/web/20230607133146/https://info.lse.ac.uk/staff/divisions/Finance-Division/assets/annual-accounts/PDF/2014-15-FinancialStatements-FINAL-for-PUBLICATION-1.pdf | url-status = live }}</ref><ref name="LSE Financial Statement 23/24"/>

===Academic year===
LSE continues to adopt a three-term structure and has not moved to semesters. [[Michaelmas Term]] runs from October to mid-December, [[Lent Term]] from mid-January to late March, and Summer Term from late April to mid-June. Certain departments operate reading weeks in early November and mid-February.<ref>{{cite web|title=Term dates|url=https://info.lse.ac.uk/current-students/term-dates|access-date=27 May 2021|website=London School of Economics and Political Science|archive-date=7 May 2021|archive-url=https://web.archive.org/web/20210507092145/https://info.lse.ac.uk/current-students/term-dates|url-status=live}}</ref>

===Logo, arms and mascot===
[[File:LSE Logo.svg|thumb|LSE's "red block" logo|156x156px]]
The school's historic coat of arms is used on official documentation including degree certificates and transcripts and includes the motto – ''rerum cognoscere causas'', a line taken from [[Virgil]]'s ''[[Georgics]]'' meaning "to know the causes of things", together with the school's mascot – a [[beaver]]. Both these symbols, adopted in February 1922, continue to be held in high regard to this day with the beaver chosen because of its representation as "a hard-working and industrious yet sociable animal", attributes that the founders hoped LSE students to both possess and aspire to.<ref>{{cite news |url=http://blogs.lse.ac.uk/studentsatlse/2012/10/25/guest-blog-the-lse-beaver/ |title=Guest Blog: The LSE Beaver &#124; Students@LSE |newspaper=Students@Lse |date=25 October 2012 |access-date=18 January 2016 |archive-date=22 December 2015 |archive-url=https://web.archive.org/web/20151222081710/http://blogs.lse.ac.uk/studentsatlse/2012/10/25/guest-blog-the-lse-beaver/ |url-status=live }}</ref> The school's weekly newspaper is still entitled ''The Beaver'', Rosebery residence hall's bar is called the Tipsy Beaver and LSE sports teams are known as the Beavers.<ref>{{cite web |url=http://www.lsesu.com/activities/sports/clubs/7708/ |title=Basketball – Men's |website=Lsesu.com |access-date=18 January 2016 |archive-date=22 December 2015 |archive-url=https://web.archive.org/web/20151222102331/http://www.lsesu.com/activities/sports/clubs/7708/ |url-status=live }}</ref> The institution has two sets of colours – brand and academic – red being the brand colour used on signage, publications and in buildings across campus and purple, black and gold for academic purposes including presentation ceremonies and graduation dress.

LSE's present 'red block' logo was modified as part of a rebrand in the early 2000s. As a trademarked brand, it is carefully protected but can be produced in various forms to reflect different requirements.<ref>{{cite web |url=http://www.lse.ac.uk/intranet/LSEServices/policies/pdfs/school/guiHouSty.pdf |title=GUIDANCE ON LSE HOUSE STYLE AND BEST COMMUNICATIONS PRACTICE |publisher=London School of Economics |access-date=18 January 2016 |archive-date=17 April 2016 |archive-url=https://web.archive.org/web/20160417223011/http://www.lse.ac.uk/intranet/LSEServices/policies/pdfs/school/guiHouSty.pdf |url-status=live }}</ref> In its full form it contains the full name of the institution to the right of the block with a further small empty red square at the end, but it is adapted for each academic department or professional service division to provide a cohesive brand across the institution.

== Academic profile ==

=== Admissions ===
{| class="floatright"
|
{| class="wikitable" style="font-size:85%; text-align:center; margin-bottom: 5px"
|+UCAS Admission Statistics
!
!2023
!2022
!2021
!2020
!2019
|-
|-
| '''Applications'''{{efn-lg|name=mainscheme}}<ref name=UCASEoC23>{{cite web |title=UCAS Undergraduate Sector-Level End of Cycle Data Resources 2023 |url=https://www.ucas.com/data-and-analysis/undergraduate-statistics-and-reports/ucas-undergraduate-end-cycle-data-resources-2023 |at=Show me... Domicile by Provider |website=ucas.com |date=December 2023 |publisher=UCAS |access-date=30 April 2024}}</ref>
|1925|| [[George Bernard Shaw]] || [[Nobel Prize in Literature|Literature]]
| 26,240
| 26,625
| 25,845
| 22,115
| 21,255
|-
|-
| '''Accepted'''{{efn-lg|name=mainscheme}}<ref name=UCASEoC23/>
|1950|| [[Ralph Bunche]] || [[Nobel Peace Prize|Peace]]
| 1,815
| 2,150
| 1,715
| 2,245
| 1,705
|-
|-
| '''Applications/Accepted Ratio'''{{efn-lg|name=mainscheme}}
|1950|| [[Bertrand Russell]] || Literature
| 14.5
| 12.4
| 15.1
| 9.9
| 12.5
|-
|-
| '''Offer Rate (%)'''{{efn-lg|name=ukjune}}<ref name="offer rate23">{{cite web|title=2023 entry UCAS Undergraduate reports by sex, area background, and ethnic group|date=30 April 2024|url=https://www.ucas.com/data-and-analysis/undergraduate-statistics-and-reports/ucas-undergraduate-end-cycle-data-resources-2023/2023-entry-ucas-undergraduate-reports-sex-area-background-and-ethnic-group|publisher=[[UCAS]]|access-date=30 April 2024}}</ref>
|1959|| [[Philip Noel-Baker, Baron Noel-Baker|Philip Noel-Baker]] || Peace
| 20.6
| 26.1
| 21.9
| 36.5
| 35.2
|-
|-
| '''[[UCAS Tariff|Average Entry Tariff]]'''<ref name="CUG Entry">{{Cite web | url=https://www.thecompleteuniversityguide.co.uk/league-tables/rankings?tabletype=full-table&sortby=entry-standards | title=University League Tables entry standards 2024 | work=The Complete University Guide | access-date=7 June 2023 }}</ref>
|1972|| [[John Hicks|Sir John Hicks]] || [[Nobel Memorial Prize in Economic Sciences|Economics]]
| {{n/a}}
| {{n/a}}
| 195
| 193
| 177
|}
{| style="font-size:80%;float:left"
|{{notelist-lg|refs=
{{efn-lg|name=mainscheme|Main scheme applications, International and UK}}
{{efn-lg|name=ukjune|UK domiciled applicants}}
}}
|}
|}
{| class="wikitable floatright sortable collapsible mw-collapsible mw-collapsed"; style="font-size:85%; text-align:right;"
|+ class="nowrap" |HESA Student Body Composition (2022)
|-
|-
!Domicile<ref>{{cite web|url=https://www.hesa.ac.uk/data-and-analysis/students/where-study#provider|title=Where do HE students study?: Students by HE provider|work=HESA|at=HE student enrolments by HE provider|access-date=8 February 2023|archive-date=3 November 2022|archive-url=https://web.archive.org/web/20221103181040/https://www.hesa.ac.uk/data-and-analysis/students/where-study#provider|url-status=live}}</ref> and Ethnicity<ref name="HESA ethnicity">{{cite web|url=https://www.hesa.ac.uk/data-and-analysis/students/whos-in-he/characteristics|title=Who's studying in HE?: Personal characteristics|date=31 January 2023|publisher=HESA|access-date=8 February 2023|archive-date=10 February 2023|archive-url=https://web.archive.org/web/20230210004129/https://www.hesa.ac.uk/data-and-analysis/students/whos-in-he/characteristics|url-status=live}}</ref>
|1974|| [[Friedrich Hayek]] || Economics
! colspan="2" data-sort-type=number |Total
|-
|-
|[[White people in the United Kingdom|British White]]
|1977|| [[James Meade]] || Economics
|align=right| {{bartable|16|%|2||background:red}}
|-
|-
|[[Classification of ethnicity in the United Kingdom#Collective terms for minority ethnic groups|British Ethnic Minorities]]{{efn|Includes those who indicate that they identify as [[British Asian|Asian]], [[Black British people|Black]], [[Mixed (United Kingdom ethnicity category)|Mixed Heritage]], [[British Arabs|Arab]] or any other ethnicity except White.}}
|1979|| [[Arthur Lewis (economist)|Sir William Arthur Lewis]] || Economics
|align=right| {{bartable|19|%|2||background:green}}
|-
|-
|[[European Union|International EU]]
|1990|| [[Merton Miller]] || Economics
|align=right| {{bartable|15|%|2||background:blue}}
|-
|-
|[[International students in the United Kingdom|International Non-EU]]
|1991|| [[Ronald Coase]] || Economics
|align=right| {{bartable|50|%|2||background:gray}}
|-
|-
! colspan="4" data-sort-type=number |Undergraduate [[Widening participation|Widening Participation]] Indicators<ref>{{cite web |title=Widening participation: UK Performance Indicators: Table T2a – Participation of under-represented groups in higher education |url=https://www.hesa.ac.uk/data-and-analysis/performance-indicators/widening-participation |website=Higher Education Statistics Authority |publisher=hesa.ac.uk |access-date=8 February 2023 |archive-date=6 February 2023 |archive-url=https://web.archive.org/web/20230206041422/https://www.hesa.ac.uk/data-and-analysis/performance-indicators/widening-participation |url-status=live }}</ref><ref name="Times23">{{cite web |date=16 September 2022 |title=Good University Guide: Social Inclusion Ranking |url=https://www.thetimes.co.uk/article/good-university-guide-in-full-tp6dzs7wn |work=The Times |access-date=10 February 2023 |archive-date=22 February 2022 |archive-url=https://web.archive.org/web/20220222124044/https://www.thetimes.co.uk/article/good-university-guide-in-full-tp6dzs7wn |url-status=live }}</ref>
|1993|| [[Douglass North]] || Economic History
|-
|-
|[[Feminism in the United Kingdom#Education|Female]]
|1998|| [[Amartya Sen]] || Economics
|align=right| {{bartable|53|%|2||background:purple}}
|-
|-
|[[Private schools in the United Kingdom|Private School]]
|1999|| [[Robert Mundell]] || Economics
|align=right| {{bartable|30|%|2||background:orange}}
|-
|-
|Low Participation Areas{{efn|Calculated from the Polar4 measure, using Quintile1, in England and Wales. Calculated from the Scottish Index of Multiple Deprivation (SIMD) measure, using SIMD20, in Scotland.}}
|2001|| [[George Akerlof]] || Economics
|align=right| {{bartable|7|%|2||background:black}}
|-
|2007|| [[Leonid Hurwicz]] || Economics
|-
|2008|| [[Paul Krugman]] || Economics
|}
|}
[[File:LSE-mosa.jpg|thumb|St Clement's Building]]
<!-- Deleted image removed: [[Image:fouramericanalumni.jpg|thumb|left|Four notable American alumni of the LSE: [[George Soros]], [[Ben Bernanke]], [[John F Kennedy]], & [[Monica Lewinsky]] ]] -->
<!-- Deleted image removed: [[File:lseukalumni.jpg|thumb|left|Four notable British alumni of the LSE: [[Mick Jagger]], [[Cherie Blair]], [[Ed Milliband]], [[Robert Kilroy-Silk]]]] -->
The LSE has a long list of notable alumni and staff, spanning the fields of scholarship covered by the school. Among them are fifteen [[Nobel Prize]] winners<ref name="LSENobel" /> in [[Nobel Memorial Prize in Economic Sciences|Economics]], [[Nobel Peace Prize|Peace]] and [[Nobel Prize in Literature|Literature]]. Other notable former staff members include [[Anthony Giddens]], [[Harold Laski]], [[William Phillips (economist)|A. W. Philips]], [[Karl Popper]], [[Lionel Robbins, Baron Robbins|Lionel Robbins]], [[Susan Strange]] and [[Charles Webster]]. Former [[Prime Minister of the United Kingdom|British Prime Minister]], [[Clement Attlee]] taught at the school from 1912 to 1923, while [[Ramsay MacDonald]] frequently gave lectures on behalf of the [[Fabian Society]].<ref name="LSEWorldLeaders">{{cite web|title = World leaders |url = http://www2.lse.ac.uk/ERD/pressAndInformationOffice/LSEFacts/worldLeaders.aspx|publisher = London School of Economics|date = 2009-07-10|accessdate = 2009-07-26}}</ref> [[Mervyn King (economist)|Mervyn King]], the current [[Governor of the Bank of England]], is also a former professor of economics.<ref name="BankOfEnglandKing">{{cite web|title = Mervyn Allister King, Governor|url = http://www.bankofengland.co.uk/about/people/biographies/king.htm|publisher = Bank of England|month = November|year = 2006|accessdate = 2009-07-26}}</ref>


In 2024, The London School of Economics received 28,000 applications for roughly 1,850 undergraduate places or 15 applicants per place.<ref name="Applications">{{cite web |title=LSE Undergraduate |url=https://www.lse.ac.uk/study-at-lse/Undergraduate/Prospective-Students/How-to-Apply/entry-requirements |access-date=18 September 2024}}</ref> All undergraduate applications, including international applications, are made through [[UCAS]].<ref name="Applications" /> LSE had the 8th highest average entry qualification for undergraduates of any UK university in 2021–22, with new students averaging 195 [[UCAS Tariff|UCAS points]], equivalent to just over AAAA in [[GCE Advanced Level (United Kingdom)|A-level]] grades.<ref name="CUG Entry"/> The university gave offers of admission to roughly 12.2% of its undergraduate applicants in 2023, one of the lowest offer rates across the UK. Bsc Economics is the most competitive undergraduate course at the LSE with over 4000 applications for just over 200 places. LLB in Laws comes second with 2600 applications for just over 170 places.<ref>{{cite news|title=Cambridge to scrap 'unjust' state school targets|url=https://www.telegraph.co.uk/news/2024/03/11/cambridge-to-scrap-state-school-targets/|publisher=The Telegraph|access-date=11 March 2024|url-status=dead|archive-url=https://web.archive.org/web/20240331190103/https://www.telegraph.co.uk/news/2024/03/11/cambridge-to-scrap-state-school-targets/|archive-date=31 March 2024}}</ref><ref>{{Cite web |title=LSE Applications, Offers and Entrants |url=https://public.tableau.com/app/profile/lseplanningdivision/viz/ApplicationsOffersandEntrants/About |access-date=2024-06-26 |website=public.tableau.com}}</ref>
Many [[alumnus|alumni]] of the school are notable figures, especially in the areas of politics, economics and finance. Indeed, with regards to the political arena, as of February 2009, around 34 past or present heads of state have studied or taught at LSE, and 28 members of the British House of Commons and 42 members of the House of Lords have either studied or taught at the school. In recent British politics, former LSE students include [[Virginia Bottomley]], [[Yvette Cooper]], [[Edwina Currie]], [[Frank Dobson]], [[Margaret Hodge]] and [[Ed Miliband]]. Internationally, [[John F Kennedy]] (former US President), [[Óscar Arias]] (Costa Rican President), [[Taro Aso]]<ref name="LSEWorldLeaders" /> (Prime Minister of Japan), Queen [[Margrethe II of Denmark]],<ref name="LSEWorldLeaders" /> [[B. R. Ambedkar]]<ref name="LSEWorldLeaders" /> (Father of Indian Constitution) [[K. R. Narayanan]]<ref name="LSEWorldLeaders" /> (Ex-President of India) and [[Romano Prodi]]<ref name="LSEWorldLeaders" /> (Italian Prime Minister and President of the European Commission) all studied at the LSE. Successful businesspeople who studied at the LSE include [[Delphine Arnault]], [[Stelios Haji-Ioannou]], [[Spiros Latsis]], [[David Rockefeller]], [[Maurice Saatchi, Baron Saatchi|Maurice Saatchi]] and [[George Soros]]. Notable fictitious alumni include President [[Josiah Bartlet]] from the television series ''[[The West Wing]]'' and Andrew Bond, the father of Ian Fleming's [[James Bond]] and [[Jim Hacker]], the ficticious Minister and Prime Minister of [[Yes, Minister]] and [[Yes, Prime Minister]].
<!-- Deleted image removed: [[File:Nobel prize lse.jpg|thumb|right|450px|Nobel Prize winners display at LSE]] --><br /><br />
[[File:LSE Nobel Prize Display Blue.jpg|thumb|right|450px|Nobel Prize winners display at LSE]]
===List of Directors===
* [[William Hewins]] (1895–1903)<ref name="LSEFormerDirectors">{{cite web|title = Former directors and LSE's history|url = http://www.lse.ac.uk/collections/meetthedirector/formerDirectorsAndLsesHistory.htm|publisher = London School of Economics|accessdate = 2009-07-26}}</ref>
* [[Halford Mackinder|Professor Halford Mackinder]] (1903–1908)<ref name="LSEFormerDirectors" />
* [[William Pember Reeves]] (1908–1919)<ref name="LSEFormerDirectors" />
* [[William Beveridge|Sir William Beveridge]] (1919–1937)<ref name="LSEFormerDirectors" />
* [[Alexander Carr-Saunders|Sir Alexander Carr-Saunders]] (1937–1957)<ref name="LSEFormerDirectors" />
* [[Sydney Caine|Sir Sydney Caine]] (1957–1967)<ref name="LSEFormerDirectors" />
* [[Walter Adams (historian)|Sir Walter Adams]] (1967–1974)<ref name="LSEFormerDirectors" />
* [[Ralf Dahrendorf|Professor Sir Ralf Dahrendorf]] (1974–1984)<ref name="LSEFormerDirectors" />
* [[Indraprasad Gordhanbhai Patel|Dr Indraprasad Gordhanbhai Patel]] (1984–1990)<ref name="LSEFormerDirectors" />
* [[John Ashworth|Professor John Ashworth]] (1990–1996)<ref name="LSEFormerDirectors" />
* [[Anthony Giddens|Professor Anthony Giddens]] (1996–2003)<ref name="LSEFormerDirectors" />
* [[Howard Davies (economist)|Sir Howard Davies]] (since 2003)<ref name="LSEFormerDirectors" />


Prospective Postgraduate students applying to the LSE are required to have a first or upper second Class UK [[honours degree]], or its foreign equivalent, for master's degrees, while direct entry to the MPhil/PhD programme requires a UK taught master's with merit, or foreign equivalent. Admission to the diploma requires a UK degree or equivalent plus relevant experience.<ref>{{cite web|title=Entry requirements|url=https://www.lse.ac.uk/study-at-lse/Graduate/Prospective-students/Entry-requirements|access-date=27 May 2021|publisher=London School of Economics|archive-date=27 May 2021|archive-url=https://web.archive.org/web/20210527104112/https://www.lse.ac.uk/study-at-lse/Graduate/Prospective-students/Entry-requirements|url-status=live}}</ref> The intake to applications ratio for postgraduate degree programmes is very competitive; the MSc Financial Mathematics had a ratio of just over 4% in 2016.<ref>{{cite web|title=MSc Financial Mathematics|url=http://www.lse.ac.uk/study/graduate/taughtProgrammes2017/MScFinancialMathematics.aspx|url-status=dead|archive-url=https://web.archive.org/web/20161126091038/http://www.lse.ac.uk/study/graduate/taughtProgrammes2017/MScFinancialMathematics.aspx|archive-date=26 November 2016|access-date=15 January 2017|publisher=London School of Economics|quote=Intake/applications in 2016: 26/623}}</ref><ref>{{cite web|title=MSc Political Economy of Europe|url=http://www.lse.ac.uk/study/graduate/taughtProgrammes2017/MScPoliticalEconomyOfEurope.aspx|url-status=dead|archive-url=https://web.archive.org/web/20170308175137/http://www.lse.ac.uk/study/graduate/taughtProgrammes2017/MScPoliticalEconomyOfEurope.aspx|archive-date=8 March 2017|access-date=15 January 2017|publisher=London School of Economics|quote=Intake/applications in 2016: 83/208}}</ref>
==A new lobby==
<!-- Deleted image removed: [[Image:Lse pub.jpg|thumb|right|LSE owned pub with Victorian façade, The George IV]] -->
Recent press reports have identified the LSE as part of a new group of universities which has started to act as a self-conscious elite lobby and pressure group: known commonly as the "G5".<ref name="thes.co.uk">{{cite web|url=http://www.thes.co.uk/current_edition/story.aspx?story_id=2010377 |title=Times Higher Education - World University Rankings, education news and university jobs |publisher=Thes.co.uk |date= |accessdate=2010-04-26}}</ref><ref name="ReferenceB">http://www.lse.ac.uk/collections/pressAndInformationOffice.bak/staffStudentsAndAlumni/dailyHeadlines/06-02-04.htm</ref> According to the ''[[Times Higher Education Supplement]]'' (THES), the five are the LSE, [[Imperial College London]], [[University of Oxford]], [[University of Cambridge]] and [[University College London]], and it describes them as the "super-elite" as all five are already members of the [[Russell Group]]).<ref name="thes.co.uk"/>


31.6% of LSE's undergraduates are [[Independent school (United Kingdom)|privately educated]], the 9th highest proportion amongst mainstream British universities.<ref>{{cite web|title=Widening participation: UK Performance Indicators 2016/17|url=https://www.hesa.ac.uk/news/01-02-2018/widening-participation-tables|website=hesa.ac.uk|publisher=Higher Education Statistics Authority|access-date=1 February 2018|archive-date=27 October 2020|archive-url=https://web.archive.org/web/20201027015313/https://www.hesa.ac.uk/news/01-02-2018/widening-participation-tables|url-status=live}}</ref> In the 2016-17 academic year, the university had a domicile breakdown of 33:18:50 of UK:EU:non-EU students respectively with a female-to-male ratio of 52:47.<ref>{{cite web|title=Where do HE students study?|url=https://www.hesa.ac.uk/data-and-analysis/students/where-study#provider|website=hesa.ac.uk|publisher=Higher Education Statistics Authority|access-date=9 February 2018|archive-date=3 November 2022|archive-url=https://web.archive.org/web/20221103181040/https://www.hesa.ac.uk/data-and-analysis/students/where-study#provider|url-status=live}}</ref>
It has been reported in the THES<ref name="thes.co.uk"/><ref name="ReferenceB"/> that "The group, which calls itself the G5, warns that without more money to support its high-quality teaching, its members will turn away British [[undergraduates]] and focus instead on overseas and [[postgraduate]] students, whose fees cover most of the full cost of their courses. The new group has been meeting in secret for a few months. Few vice-chancellors know of its existence as a fully fledged grouping. The G5's goal is to secure extra state cash above the £3,000 student [[top-up fees]] likely from 2006 to cover the full costs of home and [[European Union]] undergraduates on their courses. The G5 group will make a case for special treatment for its members."


=== Programmes and degrees ===
The LSE is also member of a new group known as the [[Golden Triangle (UK universities)|Golden Triangle]], made up of Oxford, Cambridge, Imperial College London, LSE, University College London and King's College London. The last three are each notable colleges of the University of London (with Imperial gaining independence from the University of London in 2007), and are often regarded as universities<ref>[http://www.kcl.ac.uk/phpnews/wmview.php?ArtID=1321 ]{{dead link|date=April 2010}}</ref> in their own right. All have made progress towards gaining the right to award their own degrees.
{{as of|2024|post=,}} the school offers over 40 undergraduate programmes,<ref>{{cite web|url=https://www.lse.ac.uk/study-at-lse/Assets/PDF/Prospectus-and-Brochures/undergraduate-guide.pdf|title=Undergraduate Guide 2025/26|website=LSE|page=6|access-date=17 December 2024}}</ref> over 140 taught master's programmes, and research master's and PhD programmes.<ref>{{cite web|url= https://www.lse.ac.uk/study-at-lse/Assets/PDF/Prospectus-and-Brochures/graduate-guide.pdf|title=Graduate Guide 2025/26|website=LSE|page=13|access-date=17 December 2024}}</ref> Subjects pioneered in Britain by LSE include [[accountancy]] and [[sociology]], and the school also employed Britain's first full-time lecturer in economic history.<ref>{{cite news|url=https://blogs.lse.ac.uk/lsehistory/2017/12/27/pioneers-of-the-social-sciences/|author=Hayley Reed|date=27 December 2017|title=Pioneers of the social sciences|newspaper=Lse History |publisher=London School of Economics|access-date=22 October 2021|archive-date=22 October 2021|archive-url=https://web.archive.org/web/20211022040715/https://blogs.lse.ac.uk/lsehistory/2017/12/27/pioneers-of-the-social-sciences/|url-status=live}}</ref> Courses are split across more than thirty research centres and nineteen departments, plus a Language Centre.<ref>{{cite web|date=27 May 2021|title=LSE Language Centre|url=https://www.lse.ac.uk/language-centre|access-date=27 May 2021|publisher=London School of Economics|archive-date=24 June 2021|archive-url=https://web.archive.org/web/20210624185128/https://www.lse.ac.uk/language-centre|url-status=live}}</ref> In partnership with the federal University of London, LSE oversees nine BSc programmes as the lead institution which designs the curriculum.<ref>{{Cite web |last=Science |first=London School of Economics and Political |title=Study Online |url=https://www.lse.ac.uk/study-at-lse/uolip/online-taught-programmes/home.aspx |access-date=2022-04-08 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710221229/https://www.lse.ac.uk/study-at-lse/uolip/online-taught-programmes |url-status=live }}</ref> Students who chose to study online experience the same unique academic experience as on-campus, they are considered a part of LSE community and they have a variety of options to interact with their university, such as the LSE general course.<ref>{{Cite web |last=Science |first=London School of Economics and Political |title=Opportunities to study at LSE |url=https://www.lse.ac.uk/study-at-lse/uolip/opportunities-to-study-at-lse.aspx |access-date=2022-04-08 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710221245/https://www.lse.ac.uk/study-at-lse/uolip/opportunities-to-study-at-lse |url-status=live }}</ref> [[File:Holborn, John Watkins Plaza, London School of Economics - geograph.org.uk - 668683.jpg|thumb|John Watkins Plaza at the London School of Economics]]Since programmes are all within the social sciences, they closely resemble each other, and undergraduate students usually take at least one course module in a subject outside of their degree for their first and second years of study, promoting a broader education in the social sciences.<ref>{{Cite web |title=Summer: London School of Economics (Summer School) (LSE) {{!}} Rutgers |url=https://global.rutgers.edu/program-search/details/summer-london-school-economics-summer-school-lse |access-date=2023-07-07 |website=global.rutgers.edu |archive-date=7 July 2023 |archive-url=https://web.archive.org/web/20230707162749/https://global.rutgers.edu/program-search/details/summer-london-school-economics-summer-school-lse |url-status=live }}</ref> At undergraduate level, some departments have as few as 90 students across the three years of study.{{citation needed|date=January 2017}} Since September 2010,{{citation needed|date=January 2017}} it has been compulsory for first year undergraduates to participate in LSE 100: Understanding the Causes of Things alongside normal studies.<ref>{{cite web|last=|first=|date=27 May 2021|title=LSE 100: The LSE Course|url=https://info.lse.ac.uk/current-students/lse100|access-date=27 May 2021|website=London School of Economics|archive-date=27 May 2021|archive-url=https://web.archive.org/web/20210527110141/https://info.lse.ac.uk/current-students/lse100|url-status=live}}</ref>


From 1902, following its absorption into the [[University of London]], until 2007, all degrees were awarded by the federal university in common with all other colleges of the university. This system was changed in 2007 to enable some colleges to award their own degrees.{{citation needed|date=January 2017}} LSE was granted the power to begin awarding its own degrees from July 2008.<ref name=AcademicDress/> All students entering from the 2007–08 academic year onwards received an LSE degree, while students who started before this date were issued University of London degrees.<ref>{{cite web|title=LSE Degree Certificates|url=http://www.lse.ac.uk/intranet/students/registrationTimetablesAssessment/certificatesDocsLetters/DegreeCertificate.aspx|url-status=dead|archive-url=https://web.archive.org/web/20170521220344/http://www.lse.ac.uk/intranet/students/registrationTimetablesAssessment/certificatesDocsLetters/DegreeCertificate.aspx|archive-date=21 May 2017|access-date=16 January 2017}}</ref><ref>{{Cite news|url=https://www.timeshighereducation.com/news/london-trio-to-award-their-own-degrees/207945.article|title=London trio to award their own degrees|date=23 February 2007|newspaper=Times Higher Education (THE)|access-date=16 January 2017|archive-date=18 January 2017|archive-url=https://web.archive.org/web/20170118073210/https://www.timeshighereducation.com/news/london-trio-to-award-their-own-degrees/207945.article|url-status=live}}</ref><ref>{{Cite news|url=https://www.theguardian.com/uk/2005/jul/30/highereducation.administration|title=Break-up threat to University of London|last=Curtis|first=Polly|date=30 July 2005|newspaper=The Guardian|language=en-GB|issn=0261-3077|access-date=16 January 2017|archive-date=18 January 2017|archive-url=https://web.archive.org/web/20170118082408/https://www.theguardian.com/uk/2005/jul/30/highereducation.administration|url-status=live}}</ref> In conjunction with [[NYU Stern]] and [[HEC Paris]], LSE also offers the [[TRIUM EMBA|TRIUM Executive MBA]]. This was globally ranked third among executive MBAs by the ''[[Financial Times]]'' in 2016.<ref>{{cite web|url=http://www.triumemba.org/trium-life/news/trium-ranking-financial-times-2016/|title=TRIUM Ranked #3 Executive MBA by Financial Times 2016|work=triumemba.org|date=18 October 2016|access-date=15 January 2017|archive-url=https://web.archive.org/web/20170909232835/https://www.triumemba.org/trium-life/news/trium-ranking-financial-times-2016/|archive-date=9 September 2017|url-status=dead}}</ref>
==Degrees==
LSE awards a range of academic degrees spanning bachelors, masters and PhDs. The postnominals awarded are the degree abbreviations used commonly among British universities.


=== Research ===
LSE does not award annual honorary degrees in common with other universities. In its 113-year history, the School has awarded fifteen honorary doctorates to established figures such as [[Nelson Mandela]] (Doctor of Science, Economics).
According to the 2021 [[Research Excellence Framework]], the London School of Economics was rated joint third (along with the University of Cambridge) in the UK for the quality (GPA) of its research.<ref>{{cite web |title=REF 2021: Quality ratings hit new high in expanded assessment |date=12 May 2022 |url=https://www.timeshighereducation.com/news/ref-2021-research-excellence-framework-results-announced |publisher=Times Higher Education |access-date=18 February 2023 |archive-date=14 June 2022 |archive-url=https://web.archive.org/web/20220614151200/https://www.timeshighereducation.com/news/ref-2021-research-excellence-framework-results-announced |url-status=live }}</ref> In the 2014 Research Excellence Framework, LSE had the joint highest percentage of world-leading research among research submitted of any institution that entered more than one unit of assessment<ref name=THEREF2014>{{cite news | url=https://www.timeshighereducation.co.uk/sites/default/files/Attachments/2014/12/17/k/a/s/over-14-01.pdf | work=Times Higher Education | location=London | title=REF Results Table | date=17 December 2014 | access-date=16 October 2015 | archive-date=23 June 2015 | archive-url=https://web.archive.org/web/20150623012324/https://www.timeshighereducation.co.uk/sites/default/files/Attachments/2014/12/17/k/a/s/over-14-01.pdf | url-status=live }}</ref> and was ranked third by cumulative grade point average with a score of 3.35, beating both University of Oxford and University of Cambridge.<ref>{{cite news | url=https://www.timeshighereducation.com/news/ref-2014-results-table-of-excellence/2017590.article | work=Times Higher Education | location=London | title=REF Table of Excellence | date=17 December 2014 | access-date=16 October 2015 | archive-date=15 December 2015 | archive-url=https://web.archive.org/web/20151215101946/https://www.timeshighereducation.com/news/ref-2014-results-table-of-excellence/2017590.article | url-status=live }}</ref> It was ranked 23rd in the country for research power by [[Research Fortnight]] based on its REF 2014 results, and 28th in research power by the [[Times Higher Education]].<ref name=THEREF2014/><ref name=ResearchPower>{{cite news|work=[[The Guardian]]|date=13 December 2014|title=University Research Excellence Framework 2014 – the full rankings|url=https://www.theguardian.com/news/datablog/ng-interactive/2014/dec/18/university-research-excellence-framework-2014-full-rankings|access-date=15 January 2017|archive-date=12 June 2018|archive-url=https://web.archive.org/web/20180612140152/https://www.theguardian.com/news/datablog/ng-interactive/2014/dec/18/university-research-excellence-framework-2014-full-rankings|url-status=live}}</ref> This followed the [[Research Assessment Exercise]] in 2008 where the school was placed second equal nationally on GPA, first for fraction of world-leading (4*) research and fourth for fraction of world-leading or internationally excellent (3* and 4*) research in LSE's analysis of the results,<ref>{{cite web|date=25 November 2009|title=Research Assessment Exercise 2008 – RAE 2008 – Research and expertise – Home|url=http://www2.lse.ac.uk/researchAndExpertise/RAE2008/home.aspx|url-status=dead|archive-url=https://web.archive.org/web/20101231131514/http://www2.lse.ac.uk/researchAndExpertise/RAE2008/home.aspx|archive-date=31 December 2010|access-date=26 April 2010|publisher=London School of Economics}}</ref> fourth equal for GPA and 29th for research power in Times Higher Education's analysis,<ref name=THEREF2014/> and 27th in research power by Research Fortnight's analysis.<ref name=ResearchPower/>


According to analysis of the REF 2014 subject results by Times Higher Education, the school is the UK's leading research university in terms of GPA of research submitted in business and management; area studies; and communication, cultural and media studies, library and information management, and second in law; politics and international studies; economics and econometrics; and social work and social policy.<ref>{{cite web |url=https://www.timeshighereducation.co.uk/sites/default/files/Attachments/2014/12/17/g/o/l/sub-14-01.pdf |title=THE REF 2014 Subject Table |work=Times Higher Education |access-date=16 October 2015 |archive-date=23 June 2015 |archive-url=https://web.archive.org/web/20150623005452/https://www.timeshighereducation.co.uk/sites/default/files/Attachments/2014/12/17/g/o/l/sub-14-01.pdf |url-status=live }}</ref>
[[Image:Lincoln's Inn Fields - May 2006.jpg|thumb|Students revising in [[Lincoln's Inn Fields]]]]
[[File:HoughtonStreet.jpg|thumb|Houghton Street is the centre of the LSE campus.]]


==== Research centres ====
From 1902, following its absorption into the University of London, and up until 2007, all degrees were awarded by the federal university, in common with all other colleges of the university.
The school houses a number of centres including the [[Centre for the Analysis of Social Exclusion]], the [[Centre for Climate Change Economics and Policy]], the Centre for Macroeconomics, the Centre for Economic Performance, LSE Health and Social Care, the Financial Markets Group (founded by former [[Bank of England]] governor [[Mervyn King, Baron King of Lothbury|Sir Mervyn King]]), the [[Grantham Research Institute on Climate Change and the Environment]] (chaired by [[Nicholas Stern|Lord Stern]]), [[LSE Cities]], the UK [[Department for International Development]] funded [[International Growth Centre]] and one of the six the UK government-backed 'What Works Centres' – the What Works Centre for Local Economic Growth. The [[Greater London Group]] was an influential research centre within LSE from the late 1950s on, before being subsumed into the [[LSE London]] research group.<ref>{{cite book | editor-last=Kochan | editor-first=Ben | date=2008 | title=London government 50 years of debate: The contribution of LSE's Greater London Group | publisher=London School of Economics | first=George | last=Jones | chapter=The Greater London Group after 50 years | pages=15–22 | chapter-url=http://eprints.lse.ac.uk/63374/1/Kockan_London_Government_50_Years_of_Debate.pdf | access-date=26 January 2019 | archive-date=1 November 2018 | archive-url=https://web.archive.org/web/20181101134603/http://eprints.lse.ac.uk/63374/1/Kockan_London_Government_50_Years_of_Debate.pdf | url-status=live }}</ref> In February 2015, [[Angelina Jolie]] and [[William Hague]] launched the UK's first academic Centre on Women, Peace and Security, based at the school. The centre aims to contribute to global women's rights issues, including violence against women and women's engagement in politics, through academic research, a post-graduate teaching program, public engagement, and collaboration with international organisations.<ref name="Guardian02-15">{{cite news |last1=Topping |first1=Alexandra |last2=Borger |first2=Julian |date=10 February 2015 |title=Angelina Jolie opens UK centre to fight warzone violence against women |newspaper=The Guardian |url=https://www.theguardian.com/uk-news/2015/feb/10/angelina-jolie-opens-london-centre-to-combat-warzone-violence-against-women |url-status=live |access-date=10 February 2015 |archive-url=https://web.archive.org/web/20150210170316/http://www.theguardian.com/uk-news/2015/feb/10/angelina-jolie-opens-london-centre-to-combat-warzone-violence-against-women |archive-date=10 February 2015}}</ref><ref name="ReferenceB">{{cite web |date=10 February 2015 |title=New Centre for Women, Peace and Security launched at LSE by William Hague and Angelina Jolie Pitt |url=http://www.lse.ac.uk/newsAndMedia/news/archives/2015/02/WPSCentre.aspx |url-status=dead |archive-url=https://web.archive.org/web/20150210190842/http://www.lse.ac.uk/newsAndMedia/news/archives/2015/02/WPSCentre.aspx |archive-date=10 February 2015 |access-date=10 February 2015 |publisher=London School of Economics}}</ref> Furthermore, in May 2016 it was announced that Jolie-Pitt and Hague would join [[Jane Connors]] and Madeleine Rees as visiting professors in practice from September 2016.<ref>{{cite web |date=23 May 2016 |title=LSE Centre for Women, Peace and Security appoints New Visiting Professors in Practice |url=http://www.lse.ac.uk/newsAndMedia/news/archives/2016/05/WPS-Visiting-Professors-in-Practice.aspx |url-status=dead |archive-url=https://web.archive.org/web/20160524104047/http://www.lse.ac.uk/newsAndMedia/news/archives/2016/05/WPS-Visiting-Professors-in-Practice.aspx |archive-date=24 May 2016 |access-date=21 August 2017 |website=London School of Economics}}</ref>


====LSE IDEAS====
This system was changed in 2007 in order to enable some colleges to award their own degrees. LSE was granted the power to begin awarding its own degrees from June 2008. Students graduating between June 2008 and June 2010 have the option of receiving a degree either from the University of London or the School. All undergraduate students entering from 2007 and postgraduate students from 2009 will automatically receive an LSE degree.


[[LSE IDEAS]] is a foreign policy think tank at the London School of Economics and Political Science. IDEAS was founded as a think tank for Diplomacy and Strategy in February 2008.<ref>{{Cite web |last=Science |first=London School of Economics and Political |title=About LSE IDEAS |url=https://www.lse.ac.uk/ideas/about/home.aspx |access-date=2023-09-12 |website=London School of Economics and Political Science |language=en-GB |archive-date=17 September 2023 |archive-url=https://web.archive.org/web/20230917174012/https://www.lse.ac.uk/ideas/about |url-status=live }}</ref> It was founded by Professor Michael Cox and Professor Arne Westad. In 2015 it was jointly ranked as world's second-best university think tank for the third year running alongside the LSE Public Policy Group, after [[Harvard University]]'s [[Belfer Center for Science and International Affairs]].<ref>{{Cite web|title=LSE IDEAS and Public Policy Group ranked 2nd best university think tank in the world – 01 – 2015 – News archives – News and media – Website archive – Home|url=http://www.lse.ac.uk/website-archive/newsAndMedia/news/archives/2015/01/ThinkTankRankings.aspx|url-status=dead|archive-url=https://web.archive.org/web/20170703224021/http://www.lse.ac.uk/website-archive/newsAndMedia/news/archives/2015/01/ThinkTankRankings.aspx|archive-date=3 July 2017|access-date=3 June 2017|website=London School of Economics}}</ref>
The LSE in conjunction with New York University's Stern School and HEC. Paris also offer a unique executive global MBA called TRIUM. This is currently globally ranked 2nd by the FT and strives to meld the strong social sciences, management strategy and financial accumen providing senior executives a well rounded view.


=== Partnerships ===
==Location and transport==
LSE has academic partnerships in teaching and research with six universities – with [[Columbia University]] in New York City and [[University of California, Berkeley]], in Asia with [[Peking University]] in Beijing and the [[National University of Singapore]], in Africa with the [[University of Cape Town]], and Europe with [[Sciences Po Paris|Sciences Po]] in Paris.<ref>{{cite web|title=LSE Academic partners|url=http://www.lse.ac.uk/intranet/LSEServices/academicPartnerships/partnerInstitutions.aspx|url-status=dead|archive-url=https://web.archive.org/web/20160810004731/http://www.lse.ac.uk/intranet/LSEServices/academicPartnerships/partnerInstitutions.aspx|archive-date=10 August 2016|access-date=10 August 2016}}</ref>
[[Image:OldCuriosityShop.JPG|thumb|[[The Old Curiosity Shop]] amongst LSE]]
[[Image:Lse_george_iv.jpg|thumb|right|LSE owned pub, The George IV]]
The LSE is situated in the [[City of Westminster]] between [[Covent Garden]], Aldwych and Temple Bar, bordering the [[City of London]]. It resides adjacent to the [[Royal Courts of Justice]], [[Lincoln's Inn]] and [[Kingsway]], in what used to be [[Clare Market]]. The School is inside the central London Congestion Charging zone.


Together they offer a range of double or joint degree programmes including an MA in International and World History (with Columbia) and an MSc in international affairs with [[Peking University]], with graduates earning degrees from both institutions.<ref>{{cite web|date=|title=Masters programmes|url=https://www.lse.ac.uk/International-History/Degrees/Masters|access-date=27 May 2021|publisher=London School of Economics|archive-date=15 June 2021|archive-url=https://web.archive.org/web/20210615124352/https://www.lse.ac.uk/International-History/Degrees/Masters|url-status=live}}</ref> The school also offers joint degrees for specific departments with various other universities including [[Fudan University]] in Shanghai, [[University of Southern California|USC]] in Los Angeles and a Global Studies programme which is offered with a consortium of four European universities – [[University of Leipzig|Leipzig]], [[University of Vienna|Vienna]], [[University of Roskilde|Roskilde]] and [[University of Wroclaw|Wroclaw]]. It offers the TRIUM Global Executive MBA programme<ref>{{cite web |url=http://www.triumemba.org/ |title=TRIUM Global Executive MBA, top-ranked alliance of NYU Stern, LSE and HEC Paris |publisher=Triumemba.org |access-date=26 April 2010 |archive-date=4 August 2020 |archive-url=https://web.archive.org/web/20200804024103/http://www.triumemba.org/ |url-status=live }}</ref> jointly with [[Stern School of Business]] of [[New York University]] and [[HEC School of Management]], Paris. It is divided into six modules held in five international business locations over a 16-month period. LSE also offers a Dual [[Master of Public Administration]] (MPA) with Global Public Policy Network schools such as Sciences Po Paris,<ref>{{cite web|url=http://mpa.sciences-po.fr/|archive-url=https://web.archive.org/web/20041211205250/http://www.mpa.sciences-po.fr/|url-status=dead|archive-date=11 December 2004|title=Master of Public Affairs|date=28 September 2016}}</ref> the [[Hertie School of Governance]] and [[National University of Singapore]], and a dual MPA-[[Master of International Affairs|Master of Global Affairs]] (MGA) degree with the [[University of Toronto]]'s [[Munk School of Global Affairs]].<ref>{{Cite web |last=Science |first=London School of Economics and Political |title=LSE-University of Toronto Double Degree (Master of Public Administration/Master of Global Affairs) |url=https://www.lse.ac.uk/study-at-lse/Graduate/degree-programmes-2022/LSE-Toronto-Double-Degree-MPA-Master-Global-Affairs/Home.aspx |access-date=2022-03-12 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710221229/https://www.lse.ac.uk/study-at-lse/Graduate/degree-programmes-2023/LSE-Toronto-Double-Degree-MPA-Master-Global-Affairs |url-status=live }}</ref>
The nearest [[London Underground]] stations are [[Holborn tube station|Holborn]], [[Temple tube station|Temple]] and [[Covent Garden tube station|Covent Garden]]. [[Charing Cross station|Charing Cross]], at the other end of Strand is the nearest mainline station, whilst [[London Waterloo]] is ten minutes walk across the River Thames. Buses to Aldwych and Kingsway will stop right outside the School at Houghton Street.


The school also runs exchange programmes with a number of international business schools through the Global Master's in Management programme and an undergraduate student exchange programme with the [[University of California, Berkeley]] in Political Science. LSE is the only UK member school in the CEMS Alliance, and the LSE Global Master's in Management is the only programme in the UK to offer the CEMS Master's in International Management (CEMS MIM) as a double degree option, allowing students to study at one of 34 CEMS partner universities.<ref>{{cite web|title=Global Master's in Management|url=http://www.lse.ac.uk/study-at-lse/Graduate/Degree-programmes-2018/Global-Masters-Management|url-status=dead|archive-url=https://web.archive.org/web/20180926083141/https://www.lse.ac.uk/study-at-lse/Graduate/Degree-programmes-2018/Global-Masters-Management|archive-date=26 September 2018|access-date=27 October 2018|publisher=London School of Economics}}</ref><ref>{{cite web|url=http://www.lse.ac.uk/collections/MES/programmes/mastersProgrammes/imex/Default.htm |title=IMEX programme |publisher=London School of Economics |access-date=26 April 2010 |url-status=dead |archive-url=https://web.archive.org/web/20090203064100/http://www.lse.ac.uk/collections/MES/programmes/mastersProgrammes/imex/Default.htm |archive-date=3 February 2009 }}</ref> It also participates in Key Action 1 of the [[European Union]]-wide [[Erasmus+]] programme, encouraging staff and student mobility for teaching, although not the other Key Actions in the programme.<ref>{{cite web|title=Erasmus at LSE|url=https://info.lse.ac.uk/current-students/services/erasmus|access-date=27 May 2021|publisher=London School of Economics|archive-date=13 April 2021|archive-url=https://web.archive.org/web/20210413132547/https://info.lse.ac.uk/current-students/services/erasmus|url-status=live}}</ref>
==Intercollegiate rivalry==
{{Inappropriate tone|date=October 2009}}
LSE maintains strong rivalries with other colleges of the [[University of London]], and also with Imperial College London. Students at both LSE and UCL refer to [[King's College London]] as "Strand Polytechnic".


The school is a member of the [[Association of Commonwealth Universities]], the [[European University Association]],<ref>{{cite web|url=http://www.eua.be/|title=The European University Association Home Page|access-date=13 April 2009|archive-date=29 August 2018|archive-url=https://web.archive.org/web/20180829081709/http://www.eua.be/|url-status=live}}</ref> the [[G5 (universities)|G5]], the [[Global Alliance in Management Education]], the [[Russell Group]] and [[Universities UK]],<ref>{{cite web|title=Universities UK Home Page|url=https://www.universitiesuk.ac.uk/|access-date=27 May 2021|archive-date=24 May 2021|archive-url=https://web.archive.org/web/20210524154224/https://www.universitiesuk.ac.uk/|url-status=live}}</ref> and is sometimes considered part of the [[Golden triangle (universities)|'Golden Triangle']] of universities in south-east England, along with the [[University of Oxford]], the [[University of Cambridge]], [[University College London]], [[Imperial College London]], and [[King's College London]].<ref name="Golden Opportunities">{{cite journal|url = http://www.nature.com/naturejobs/2005/050707/full/nj7047-144a.html|title = Golden opportunities|volume = 436|issue = 7047|pages = 144–147|first = Paul|last = Smaglik|doi = 10.1038/nj7047-144a|access-date = 19 October 2010|journal = Nature|date = 6 July 2005|pmid = 16007735|s2cid = 20623727|trans-title = 1 January 2017|archive-date = 17 November 2010|archive-url = https://web.archive.org/web/20101117163616/http://www.nature.com/naturejobs/2005/050707/full/nj7047-144a.html|url-status = live}}(Names Oxford, Cambridge, UCL, Imperial and King's but not LSE)</ref><ref name=Savage2015>{{cite book|title=Social Class in the 21st Century|author=Mike Savage|date=5 November 2015|publisher=Penguin|quote="Higher education researchers often talk about a 'Golden Triangle' of universities. The 'triangle' describes an imaginary three-sided shape with corners in Oxford, Cambridge and London. The exact composition of the London 'corner' can vary, but typically it includes the London School of Economics, King's College London, University College London and Imperial College London."|url=https://books.google.com/books?id=TE3ZCQAAQBAJ&pg=PT167|page=167|isbn=9780141978925|access-date=15 January 2017|archive-date=4 April 2023|archive-url=https://web.archive.org/web/20230404144440/https://books.google.com/books?id=TE3ZCQAAQBAJ&pg=PT167|url-status=live}}(Names Oxford Cambridge and 'typically' LSE, King's, UCL and Imperial)</ref><ref name=OECD08>{{cite book|url=https://books.google.com/books?id=oshFutmvGe8C&pg=PA222|title=OECD Reviews of Regional Innovation OECD Reviews of Regional Innovation, North of England, UK|publisher=OECD|date=2008|page=222|quote="The "Golden Triangle" of ... the universities of Oxford and Cambridge, Imperial College and University College of London ..."|isbn=9789264048942|access-date=15 January 2017|archive-date=4 April 2023|archive-url=https://web.archive.org/web/20230404144530/https://books.google.com/books?id=oshFutmvGe8C&pg=PA222|url-status=live}} (Names Oxford, Cambridge, UCL and Imperial but not LSE)</ref><ref name=BBC2014>{{cite news |url=https://www.bbc.com/news/education-24367153 |title=London top city in global 'university rankings |work=BBC News |date=3 October 2013 |access-date=26 February 2014 |archive-date=11 March 2014 |archive-url=https://web.archive.org/web/20140311091601/http://www.bbc.com/news/education-24367153 |url-status=live }}(Names Oxford, Cambridge, UCL, Imperial, King's and LSE)</ref>
Tensions between King's College and the School were ignited on 2 December 2005 when at least 200 students diverted off from the annual "barrel run" and caused an estimated £32,000 of damage to the English department at King's.<ref name="rampage">{{cite news |url=http://news.bbc.co.uk/1/hi/education/4506664.stm |title=Students in university rampage |work=[[BBC News]] 7 December 2005 |accessdate=2006-11-20 | date=2005-12-07}}</ref> King's Principal [[Rick Trainor]] called for no retaliation and LSE Students' Union were forced to issue an apology as well as foot the bill for the damage repair. While LSE officially condemned the action, a photograph was published in ''[[The Beaver]]'' which was later picked up by ''[[The Times]]'' that showed Director [[Howard Davies (economist)|Sir Howard Davies]] drinking with members of the Students' Union shortly before the barrel run - and the "rampage" - began. The Run was banned for a period of five years after the outbreak much to the dismay of students.

LSE's European Institute offers a Double Degree in European and International Public Policy and Politics with [[Bocconi University]] in Milan.<ref>"[https://www.lse.ac.uk/study-at-lse/Graduate/degree-programmes-2022/LSE-Bocconi-Double-Degree-European-International-Public-Policy-and-Politics LSE-Bocconi Double Degree in European and International Public Policy and Politics] {{Webarchive|url=https://web.archive.org/web/20220401114259/https://www.lse.ac.uk/study-at-lse/Graduate/degree-programmes-2022/LSE-Bocconi-Double-Degree-European-International-Public-Policy-and-Politics |date=1 April 2022 }}". London School of Economics. Retrieved 15 March 2022.</ref>

=== Libraries and archives ===
{{Main|British Library of Political and Economic Science|Women's Library|LSE Shaw Library}}[[File:Lse library interior.jpg|thumb|right|The interior of the main LSE library, designed by [[Norman Foster (architect)|Norman Foster]]]]LSE's main library, the [[British Library of Political and Economic Science]], is located in the [[Lionel Robbins]] Building, which reopened in 2001 following a two-year renovation by [[Foster and Partners]]. Founded in 1896, it is the world's largest library dedicated to social sciences and the United Kingdom's national social sciences library.<ref name="Science">{{Cite web |last=Science |first=London School of Economics and Political |title=History of LSE Library |url=https://www.lse.ac.uk/library/about/history-of-lse-library.aspx |access-date=2022-03-30 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710221228/https://www.lse.ac.uk/library/about/history-of-lse-library |url-status=live }}</ref><ref>{{Cite web |title=New British Library of Political and Economic Science at the LSE Opens |publisher=Foster + Partners |url=https://www.fosterandpartners.com/news/archive/2001/07/new-british-library-of-political-and-economic-science-at-the-lse-opens/ |access-date=2022-03-31 |language=en |archive-date=18 January 2022 |archive-url=https://web.archive.org/web/20220118050540/https://www.fosterandpartners.com/news/archive/2001/07/new-british-library-of-political-and-economic-science-at-the-lse-opens/ |url-status=live }}</ref> Its collections are recognised for their national and international significance and hold 'Designation' status by the [[Museums, Libraries and Archives Council]] (MLA).<ref>{{Cite web |title=LSE Library on JSTOR |url=https://www.jstor.org/publisher/lselib |access-date=2022-03-30 |archive-date=30 March 2022 |archive-url=https://web.archive.org/web/20220330125856/https://www.jstor.org/publisher/lselib |url-status=live }}</ref> The library welcomes 1.8 million visits per year by students, staff, and the public and contains over 4 million print volumes, 60,000 online journals, and 29,000 electronic books.<ref>{{cite web|title=LSE Library annual report 2012/13|url=http://www.lse.ac.uk/library/about/news/annualReport/home.aspx|url-status=dead|archive-url=https://web.archive.org/web/20131219214129/http://www.lse.ac.uk/library/about/news/annualReport/home.aspx|archive-date=19 December 2013|access-date=19 December 2013|publisher=London School of Economics}}</ref> The Digital Library contains digitised material from LSE Library collections and also [[born-digital]] material that has been collected and preserved in digital formats.<ref>{{cite web|url=http://digital.library.lse.ac.uk/|title=Welcome to the digital library|access-date=19 December 2013|publisher=London School of Economics|archive-date=19 December 2013|archive-url=https://web.archive.org/web/20131219183703/http://digital.library.lse.ac.uk/|url-status=live}}</ref>

The [[Women's Library]], Britain's main library and archive on women and the [[women's movement]], is located in a purpose-built facility with a reading room and exhibition space in the Lionel Robbins Building. The library relocated from [[London Metropolitan University]] in 2014.<ref>{{Cite web |date=2014-03-10 |title=Women's Library to reopen doors at London School of Economics |url=http://www.theguardian.com/books/2014/mar/10/womens-library-reopen-london-school-economics-lse |access-date=2021-03-11 |website=The Guardian |language=en |archive-date=10 April 2021 |archive-url=https://web.archive.org/web/20210410203105/https://www.theguardian.com/books/2014/mar/10/womens-library-reopen-london-school-economics-lse |url-status=live }}</ref><ref>{{cite web |date=12 May 2010 |title=Visitors' Library Guide |url=http://www.lse.ac.uk/library/guides/VisitorsLibraryGuide.pdf |url-status=dead |archive-url=https://web.archive.org/web/20090327092321/http://www.lse.ac.uk/library/guides/VisitorsLibraryGuide.pdf |archive-date=27 March 2009 |access-date=23 October 2011 |publisher=London School of Economics}}</ref><ref>{{Cite web |last=Science |first=London School of Economics and Political |title=The Women's Library |url=https://www.lse.ac.uk/library/collection-highlights/the-womens-library.aspx |access-date=2022-03-30 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710221735/https://www.lse.ac.uk/library/collection-highlights/the-womens-library |url-status=live }}</ref><ref>{{Cite web |title=A new home for The Women's Library – London Metropolitan University |url=https://www.londonmet.ac.uk/news/press-releases/press-releases-2012/a-new-home-for-the-womens-library/ |access-date=2021-03-11 |website=londonmet.ac.uk |archive-date=15 April 2021 |archive-url=https://web.archive.org/web/20210415040414/https://www.londonmet.ac.uk/news/press-releases/press-releases-2012/a-new-home-for-the-womens-library/ |url-status=live }}</ref>

The [[LSE Shaw Library|Shaw Library]], housed in the Founders' Room in the Old Building, contains the school's collection of fiction and general readings. It functions as a general-purpose reading and common room and hosts lunchtime music concerts, press launches, and the [[Fabian Window]], which was unveiled by Prime Minister [[Tony Blair]] in 2006.<ref>{{Cite web |last1=L |first1=Ailsa |last2=says |title=#LSEWomen: Charlotte Shaw's LSE legacy – the Shaw Library {{!}} LSE History |date=13 August 2015 |url=https://blogs.lse.ac.uk/lsehistory/2015/08/13/charlotte-shaws-legacy-the-shaw-library/ |access-date=2022-03-30 |archive-date=30 March 2022 |archive-url=https://web.archive.org/web/20220330103310/https://blogs.lse.ac.uk/lsehistory/2015/08/13/charlotte-shaws-legacy-the-shaw-library/ |url-status=live }}</ref><ref>{{Cite news |last=Walker |first=Andrew |date=April 28, 2006 |title=Wit, wisdom and windows |work=BBC News |url=http://news.bbc.co.uk/2/hi/uk_news/magazine/4944100.stm |access-date=March 30, 2022 |archive-date=30 March 2022 |archive-url=https://web.archive.org/web/20220330125904/http://news.bbc.co.uk/2/hi/uk_news/magazine/4944100.stm |url-status=live }}</ref>

Several subject-specific libraries exist at LSE, including the Seligman Library for Anthropology, the Himmelweit Library for Social Psychology, the Leverhulme Library for Statistics, the Robert McKenzie Library for Sociology, the Michael Wise Library for Geography, and the Gender Institute Library. Additionally, LSE staff and some students are permitted to access and borrow items from [[Senate House (University of London)|Senate House]] Library, the [[SOAS University of London|SOAS]] Library, and select institutions through the [[Society of College, National and University Libraries|SCONUL]] Access scheme.<ref>{{Cite web |title=Membership |url=https://london.ac.uk/senate-house-library/membership |access-date=2022-03-30 |website=University of London |language=en |archive-date=16 May 2022 |archive-url=https://web.archive.org/web/20220516150344/https://london.ac.uk/senate-house-library/membership |url-status=live }}</ref><ref>{{Cite web |title=University of London, SOAS Library, SOAS, University of London |url=https://www.soas.ac.uk/library/using/admission/londonuni/ |access-date=2022-03-30 |website=soas.ac.uk |language=en |archive-date=2 March 2022 |archive-url=https://web.archive.org/web/20220302185555/https://www.soas.ac.uk/library/using/admission/londonuni/ |url-status=live }}</ref><ref>{{Cite web |last=Science |first=London School of Economics and Political |title=Using the space and facilities |url=https://www.lse.ac.uk/library/using-the-library/using-the-space-and-facilities.aspx |access-date=2022-03-30 |website=London School of Economics and Political Science |language=en-GB |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710221804/https://www.lse.ac.uk/library/using-the-library/using-the-space-and-facilities |url-status=live }}</ref>

=== LSE Summer School ===
The original LSE Summer School was established in 1989 and has since expanded to offer over 70 three-week courses in accounting, finance, economics, English language, international relations, government, law and management each July and August.<ref>{{cite web|date=|title=Courses|url=https://www.lse.ac.uk/study-at-lse/Summer-Schools/Summer-School/Courses/Secure|access-date=1 June 2021|publisher=London School of Economics|archive-date=2 June 2021|archive-url=https://web.archive.org/web/20210602215613/https://www.lse.ac.uk/study-at-lse/Summer-Schools/Summer-School/Courses/Secure|url-status=live}}</ref> It is advertised as the largest and one of the most well-established university Summer Schools of its kind in Europe.<ref>{{cite web |url=http://www.studylondon.ac.uk/application-advice/faqs/london-summer-school |title=Summer School Programmes in London |publisher=Study London Official University Guide |date=12 September 2016 |access-date=23 September 2016 |archive-date=24 September 2016 |archive-url=https://web.archive.org/web/20160924023632/http://www.studylondon.ac.uk/application-advice/faqs/london-summer-school |url-status=dead }}</ref>

In recent years, the school has expanded its summer schools both abroad and into executive education with the LSE-PKU Summer School in Beijing (run with [[Peking University]]), the LSE-UCT July School in Cape Town (run with the [[University of Cape Town]]) and the Executive Summer School at its London campus. In 2011, it also launched a Methods Summer Programme. Together these courses welcome over 5,000 participants from over 130 countries and some of the top colleges and universities around the world, as well as professionals from several multinational institutions. Participants are housed in LSE halls of residence or their overseas equivalents, and the Summer School provides a full social programme including guest lectures and receptions.<ref>{{cite web|date=|title=Summer schools|url=https://www.lse.ac.uk/study-at-lse/summer-schools|access-date=1 June 2021|publisher=London School of Economics|archive-date=27 May 2021|archive-url=https://web.archive.org/web/20210527104227/https://www.lse.ac.uk/study-at-lse/summer-schools|url-status=live}}</ref>

=== Public lectures ===
[[File:Nelson Mandela, 2000 (4).jpg|thumb|[[Nelson Mandela]] arriving at LSE in 2000 to deliver a public lecture]]
Public lectures hosted by the LSE Events office, are open to students, alumni and the general public. As well as leading academics and commentators, speakers frequently include prominent national and international figures such as ambassadors, CEOs, [[Member of Parliament (United Kingdom)|Members of Parliament]], and heads of state. A number of these are broadcast live around the world via the school's website.<ref>{{cite web|title=LSE Events|url=https://www.lse.ac.uk/Events|access-date=1 June 2021|archive-date=18 May 2021|archive-url=https://web.archive.org/web/20210518130603/https://www.lse.ac.uk/events|url-status=live}}</ref> LSE organises over 200 public events every year.<ref>{{Cite web|last=|first=|title=LSE Player|url=https://www.lse.ac.uk/lse-player|access-date=1 June 2021|website=London School of Economics|archive-date=2 June 2021|archive-url=https://web.archive.org/web/20210602213922/https://www.lse.ac.uk/lse-player|url-status=live}}</ref>

Prominent speakers have included [[Kofi Annan]], [[Ben Bernanke]], [[Tony Blair]], [[Gordon Brown]], [[David Cameron]], [[Noam Chomsky]], [[Bill Clinton]], [[Philip Craven]], [[Niall Ferguson]], [[Vicente Fox]], [[Milton Friedman]], [[Muammar Gaddafi]], [[Julia Gillard]], [[Alan Greenspan]], [[Tenzin Gyatso]], [[Lee Hsien Loong]], [[Boris Johnson]], [[David Harvey]], [[Jean Tirole]], [[Angelina Jolie]], [[Paul Krugman]], [[Dmitri Medvedev]], [[Mario Monti]], [[George Osborne]], [[Robert Peston]], [[Sebastián Piñera]], [[Kevin Rudd]], [[Jeffrey Sachs]], [[Gerhard Schroeder]], [[Carlos Mesa|Carlos D. Mesa]], [[Luiz Inácio Lula da Silva]], [[Aung San Suu Kyi]], [[Amartya Sen]], [[George Soros]] and [[Rowan Williams]]. Previously, the school has hosted figures including [[Nelson Mandela]] and [[Margaret Thatcher]].<ref>{{Cite web|url=https://digital.library.lse.ac.uk/collections/publiclectures|title=Public Lectures &#124; LSE Digital Library|website=digital.library.lse.ac.uk|access-date=10 October 2018|archive-date=11 October 2018|archive-url=https://web.archive.org/web/20181011133433/https://digital.library.lse.ac.uk/collections/publiclectures|url-status=live}}</ref>

There are also a number of annual lecture series hosted by various departments. These include but are not limited to the [[Malinowski Memorial Lecture]]s hosted by the department of anthropology, the [[Lionel Robbins]] Memorial Lectures and the [[Ralph Miliband]] programme.<ref>{{Cite web|url=https://digital.library.lse.ac.uk/collections/publiclectures/majorseries|title=Public Lectures &#124; LSE Digital Library|website=digital.library.lse.ac.uk|access-date=10 October 2018|archive-date=11 October 2018|archive-url=https://web.archive.org/web/20181011133449/https://digital.library.lse.ac.uk/collections/publiclectures/majorseries|url-status=live}}</ref>

===Publishing===

In 2018, the university launched LSE Press in partnership with [[Ubiquity Press]]. This is intended to publish open-access journals and books in the social sciences. The first journal to be published by the press was the ''Journal of Illicit Economies and Development'', edited by John Collins, executive director of LSE's International Drug Policy Unit. The press is managed through the [[British Library of Political and Economic Science|LSE Library]].<ref>{{cite web|url=http://www.lse.ac.uk/News/Latest-news-from-LSE/2018/05-May-2018/LSE-launches-new-open-access-publishing-platform|date=16 May 2018|access-date=27 July 2019|title=LSE launches open access publishing platform|work=LSE|archive-date=27 July 2019|archive-url=https://web.archive.org/web/20190727214813/http://www.lse.ac.uk/News/Latest-news-from-LSE/2018/05-May-2018/LSE-launches-new-open-access-publishing-platform|url-status=live}}</ref>

=== Rankings and reputation ===
{{Infobox UK university rankings
| ARWU_W = 151–200
| THE_W = 50=
| QS_W = 50=
| LEIDEN_W = 30
| LINE_1 = 0
| Complete = 3
| The_Guardian = 4
| Times/Sunday_Times = 1
| LINE_2 = 0
| TEF = Bronze
}}
[[File:LSE 10 Years.png|thumb|upright=1.2|London School of Economic's [[Rankings of universities in the United Kingdom|national league table]] performance over the past ten years]]
LSE is ranked first in the UK in the Times/Sunday Times Good University Guide 2025, in addition to being awarded University of the Year. It was also named as runner-up for University of the Year for Graduate Employment.<ref>{{Cite web |title=UK university rankings 2025 |url=https://www.thetimes.com/uk-university-rankings |access-date=20 September 2024 |website=The Times |language=en}}</ref>

LSE is ranked third in the UK in the Complete University Guide 2025,<ref name="Complete League Table 2025">{{cite web |title=University League Table 2025 |url=https://www.thecompleteuniversityguide.co.uk/league-tables/rankings |website=Complete University Guide |access-date=23 September 2024 }}</ref> and fourth in the Guardian University Guide 2025.<ref name="The Guardian University Guide" />

In 2024, the [[QS World University Rankings]] placed the LSE among the global top five universities in the subjects of Communication and Media Studies (2nd), Geography (2nd), Philosophy (2nd), Social Policy and Administration (3rd), Development Studies (3rd), History (4th), Sociology (4th) and Politics (5th). It further ranked among the global top ten in Finance, Management, Economics, and Law. Overall, it was ranked 56th internationally.

Ian Diamond, former chief executive of the [[Economic and Social Research Council]] and later vice-chancellor of the [[University of Aberdeen]], a member of the THE editorial board, wrote to ''[[Times Higher Education]]'' in 2007, saying: "The use of a citation database must have an impact because such databases do not have as wide a cover of the social sciences (or arts and humanities) as the natural sciences. Hence the low position of the London School of Economics, caused primarily by its citations score, is a result not of the output of an outstanding institution but the database and the fact that the LSE does not have the counterweight of a large natural science base."<ref>{{Cite web |date=2007-11-16 |title=Social sciences lose 1 |url=https://www.timeshighereducation.com/comment/letters/social-sciences-lose-1/311132.article |access-date=26 June 2024 |website=Times Higher Education (THE) |language=en}}</ref>

The 2024 ''[[Times Higher Education World University Rankings]]'' place LSE 8th for social sciences in the world, 11th for business and economics, 14th for law and 35th for arts and humanities, ranking the university 46th globally.<ref>{{Cite web |date=2024-03-27 |title=London School of Economics and Political Science |url=https://www.timeshighereducation.com/world-university-rankings/london-school-economics-and-political-science |access-date=2024-05-28 |website=Times Higher Education (THE) |language=en}}</ref> The ''[[Academic Ranking of World Universities]]'' ("Shanghai Ranking") for 2023 ranked LSE 7th in Political Science, 8th in Economics and 8th in Finance, placing it in the 151–200 range.<ref>{{Cite web |title=ShanghaiRanking-Univiersities |url=https://www.shanghairanking.com/institution/london-school-of-economics-and-political-science |access-date=2024-05-28 |website=shanghairanking.com}}</ref>

According to data released by the [[Department for Education]] in 2018, LSE was rated as the best university for boosting graduate earnings, with male graduates seeing a 47.2% increase in earnings and female graduates seeing a 38.2% increase in earnings compared to the average graduate.<ref>{{cite web |title=Undergraduate degrees: relative labour market returns (Table 7: HEI – conditional impact on earnings five years after graduation) |date=7 June 2018 |url=https://www.gov.uk/government/publications/undergraduate-degrees-relative-labour-market-returns |publisher=Department for Education |access-date=17 December 2018 |archive-date=18 December 2018 |archive-url=https://web.archive.org/web/20181218010548/https://www.gov.uk/government/publications/undergraduate-degrees-relative-labour-market-returns |url-status=live }}</ref>

According to Wealth-X and UBS's "Billionaire Census" in 2014, LSE ranked 10th in the list of 20 schools that have produced the most billionaire alumni.<ref>{{cite web|url=https://money.cnn.com/2014/09/16/luxury/top-colleges-with-billionaire-undergraduates/|title=Top 20 colleges with most billionaire alumni|date=16 September 2014|access-date=17 September 2014|archive-date=20 September 2014|archive-url=https://web.archive.org/web/20140920023934/http://money.cnn.com/2014/09/16/luxury/top-colleges-with-billionaire-undergraduates|url-status=live}}</ref> The LSE was the only UK university to make the list.

In the 2020 [[National Student Survey]] LSE came 64th out of 154 for overall student satisfaction.<ref>{{cite web |title=National Student Survey 2020: overall satisfaction results |url=https://www.timeshighereducation.com/student/news/national-student-survey-2020-overall-satisfaction-results |website=The Student |publisher=[[Times Higher Education]] |access-date=26 February 2021 |date=15 July 2020 |archive-date=1 February 2021 |archive-url=https://web.archive.org/web/20210201152629/https://www.timeshighereducation.com/student/news/national-student-survey-2020-overall-satisfaction-results |url-status=live }}</ref> The LSE had scored well below its benchmark on this measure in previous years, coming 145th out of 148 in 2017.<ref>{{cite magazine |url=https://www.timeshighereducation.com/student/news/national-student-survey-2017-overall-satisfaction-results |title=National Student Survey 2017: overall satisfaction results |magazine=Times Higher Education |date=9 August 2017 |access-date=27 October 2018 |archive-date=27 October 2018 |archive-url=https://web.archive.org/web/20181027101312/https://www.timeshighereducation.com/student/news/national-student-survey-2017-overall-satisfaction-results |url-status=live }}</ref><ref>{{cite news|author=Turner, Camilla |url=https://www.telegraph.co.uk/education/2017/08/08/two-britains-leading-universities-fall-benchmark-student-satisfaction/ |archive-url=https://ghostarchive.org/archive/20220111/https://www.telegraph.co.uk/education/2017/08/08/two-britains-leading-universities-fall-benchmark-student-satisfaction/ |archive-date=11 January 2022 |url-access=subscription |url-status=live |title=Two of Britain's leading universities fall well below benchmark for student satisfaction, survey finds |work=The Daily Telegraph |date=9 August 2017 |access-date=27 October 2018}}{{cbignore}}</ref> The increase in student satisfaction in 2020 led to a climb of 14 places to fifth in the 2021 Guardian ranking.<ref>{{cite web|url=https://www.lse.ac.uk/News/Latest-news-from-LSE/2020/i-September-20/%EF%BB%BF-LSE-rises-up-the-rankings|title=LSE rises up the rankings|date=7 September 2020|publisher=London School of Economics|access-date=26 February 2021|archive-date=5 May 2021|archive-url=https://web.archive.org/web/20210505224240/https://www.lse.ac.uk/News/Latest-news-from-LSE/2020/i-September-20/%EF%BB%BF-LSE-rises-up-the-rankings|url-status=live}}</ref>

== Student life ==
[[File:Lincoln's Inn Fields - May 2006.jpg|thumb|LSE students revising their work and preparing for future exams in [[Lincoln's Inn Fields]]]]

=== Student body ===
In the 2015–16 academic year there were 10,833 full-time students and around 700 part-time students at the university. Of these, approximately 7,500 came from outside the United Kingdom (approximately 70% of the total student body), making LSE a highly international school with over 160 countries represented.<ref>{{cite web|title=Students and Staff|url=http://www2.lse.ac.uk/aboutLSE/studentsAndStaff.aspx|url-status=dead|archive-url=https://web.archive.org/web/20121011092937/http://www2.lse.ac.uk/aboutLSE/studentsAndStaff.aspx|archive-date=11 October 2012|access-date=24 August 2012|publisher=London School of Economics}}</ref> LSE had more countries represented by students than the UN.<ref>{{cite web |url=http://www.moveonnet.eu/directory/institution?id=GBLONDON020 |title=The London School of Economics and Political Science, University of London — moveonnet |website=Moveonnet.eu |access-date=18 January 2016 |url-status=dead |archive-url=https://web.archive.org/web/20160206133457/http://www.moveonnet.eu/directory/institution?id=GBLONDON020 |archive-date=6 February 2016 }}</ref> 32% of LSE's students come from Asia, 10% from North America, 2% each from South America and Africa. Combined over 100 languages are spoken at LSE.<ref>{{cite web|last=|title=LSE at a glance|url=http://www.lse.ac.uk/About-LSE/LSE-at-a-glance|access-date=6 January 2017|publisher=London School of Economics|archive-date=3 June 2017|archive-url=https://web.archive.org/web/20170603001708/http://www.lse.ac.uk/about-lse/lse-at-a-glance|url-status=live}}</ref> Over half of LSE's students are postgraduates,<ref name="ReferenceA">{{cite web|date=|title=LSE at a glance|url=https://www.lse.ac.uk/about-lse/lse-at-a-glance|access-date=1 June 2021|publisher=London School of Economics|archive-date=17 May 2021|archive-url=https://web.archive.org/web/20210517093448/https://www2.lse.ac.uk/about-lse/lse-at-a-glance|url-status=live}}</ref> and there is approximately an equal split between genders with 51% male and 49% female students.<ref name="ReferenceA" /> Alumni total over 160,000, covering over 190 countries with more than 80 active alumni groups.<ref name="ReferenceC" />

=== Students' Union ===
{{Main|LSE Students' Union}}
[[File:LSE Students%27 Union Logo.jpg|thumb|right|The logo of LSE Students' Union]]
The [[LSE Students' Union]] (LSESU) is affiliated to the [[National Union of Students (United Kingdom)|National Union of Students]] and is responsible for campaigning and lobbying the school on behalf of students as well providing student support and the organisation and undertaking of entertainment events and student societies. It is often regarded as the most politically active in Britain – a reputation it has held since the well documented LSE student riots in 1966–67 and 1968–69,<ref>{{cite news |title=LSE Student Protests |url=http://news.bbc.co.uk/1/hi/uk_politics/6299579.stm |date=31 May 2007 |access-date=6 January 2010 |work=BBC News |first=Lucy |last=Wilkins |archive-date=11 September 2007 |archive-url=https://web.archive.org/web/20070911203443/http://news.bbc.co.uk/1/hi/uk_politics/6299579.stm |url-status=live }}</ref><ref>{{cite news | title=On This Day – LSE Student Protests | url=http://news.bbc.co.uk/onthisday/hi/dates/stories/march/13/newsid_2542000/2542639.stm | date=13 March 1967 | access-date=6 January 2010 | work=BBC News | archive-date=23 December 2010 | archive-url=https://web.archive.org/web/20101223221656/http://news.bbc.co.uk/onthisday/hi/dates/stories/march/13/newsid_2542000/2542639.stm | url-status=live }}</ref> which made international headlines. In 2015, the school was awarded the top spot for student nightlife by ''[[The Guardian]]'' newspaper<ref>{{cite news |url=https://www.theguardian.com/education/2014/dec/07/london-school-of-economics-best-university-nightlife |title=The London School of Economics: why is it the best uni for nightlife? |newspaper=[[The Guardian]] |access-date=18 January 2016 |archive-date=4 March 2016 |archive-url=https://web.archive.org/web/20160304235721/http://www.theguardian.com/education/2014/dec/07/london-school-of-economics-best-university-nightlife |url-status=live }}</ref> due in part to its central location and provision of over 200 societies, 40 sports clubs, a Raising and Giving (RAG) branch and a thriving media group. In 2013, the union moved into a purpose-built new building – the Saw Swee Hock Student Centre on the Aldwych campus.<ref>{{cite web|title=Saw Swee Hock Student Centre|url=http://www.lse.ac.uk/intranet/students/campusLondonLife/sweeHockStudentCentre/Home.aspx|url-status=dead|archive-url=https://web.archive.org/web/20131212035508/http://www.lse.ac.uk/intranet/students/campusLondonLife/sweeHockStudentCentre/Home.aspx|archive-date=12 December 2013|access-date=9 December 2013|publisher=London School of Economics}}</ref>

A weekly student newspaper ''[[The Beaver (newspaper)|The Beaver]]'', is published each Tuesday during term time and is amongst the oldest student newspapers in the country. It sits alongside a radio station, ''[[PuLSEfm|Pulse!]]'' which has existed since 1999 and a television station ''LooSE Television'' since 2005. The ''[[Clare Market Review]]'' one of Britain's oldest student publications was revived in 2008.<ref name="LSESU">{{cite web|title=Students' Union|url=http://www.lse.ac.uk/lifeAtLSE/Student-life/Student-activities/Home.aspx|url-status=dead|archive-url=https://web.archive.org/web/20170118051159/http://www.lse.ac.uk/lifeAtLSE/Student-life/Student-activities/Home.aspx|archive-date=18 January 2017|access-date=16 January 2017}}</ref> Over £150,000 is raised for charity each year through the RAG (Raising and Giving), the fundraising arm of the Students' Union,<ref>{{cite web|url=https://www.lsesu.com/organisation/7206/|title=RAG|access-date=16 January 2017|archive-date=18 January 2017|archive-url=https://web.archive.org/web/20170118050838/https://www.lsesu.com/organisation/7206/|url-status=live}}</ref> which was started in 1980 by then Student Union Entertainments Officer and former New Zealand MP [[Tim Barnett (politician)|Tim Barnett]].<ref>{{cite book|title=LSE Students' Union Guide 2009/10|date=11 September 2009 |url=https://issuu.com/lsesu/docs/lsesuguide09|page=7|access-date=20 February 2020|archive-date=3 August 2020|archive-url=https://web.archive.org/web/20200803114352/https://issuu.com/lsesu/docs/lsesuguide09|url-status=live}}</ref>

Sporting activity is coordinated by the LSE Athletics Union, which is a constituent of [[British Universities & Colleges Sport]] (BUCS).<ref name="LSESU" />

=== Student housing ===
[[File:NorthumberlandHouse.jpg|thumb|Northumberland House|201x201px]]
LSE owns or operates 10 halls of residence in and around central London and there are also two halls owned by urbanest and five intercollegiate halls (shared with other constituent colleges of the [[University of London]]) within a 3-mile radius of the school, for a total of over 4,000 places.<ref name="Accommodation">{{cite web|title=Student accommodation|url=https://www.lse.ac.uk/student-life/accommodation|access-date=1 June 2021|archive-date=21 May 2021|archive-url=https://web.archive.org/web/20210521083804/https://www.lse.ac.uk/student-life/accommodation|url-status=live}}</ref> Most residences take both undergraduates and postgraduates, although Carr-Saunders Hall and Passfield Hall are undergraduate only, and Butler's Wharf Residence, Grosvenor House and Lillian Knowles House are reserved for postgraduates. Sidney Webb House, managed by [[Unite Students]], takes postgraduates and continuing students.<ref>{{Cite web|last=|first=|title=Sidney Webb House|url=http://www.lse.ac.uk/student-life/accommodation/halls/sidney-webb-house/home.aspx|website=London School of Economics|access-date=11 August 2019|archive-date=10 July 2023|archive-url=https://web.archive.org/web/20230710221739/https://www.lse.ac.uk/student-life/accommodation/halls/sidney-webb-house|url-status=live}}</ref> There are also flats available on Anson and Carleton roads, which are reserved for students with children.<ref>{{cite web|url=http://www.lse.ac.uk/lifeAtLSE/accommodation/forStudents/residentialHalls/residentialHomepage.aspx|title=Residential halls at a glance|access-date=16 January 2017|archive-date=4 February 2017|archive-url=https://web.archive.org/web/20170204030107/http://www.lse.ac.uk/lifeAtLSE/accommodation/forStudents/residentialHalls/residentialHomepage.aspx/|url-status=live}}</ref>

The school guarantees accommodation for all first-year undergraduate students and many of the school's larger postgraduate population are also catered for, with some specific residences available for postgraduate living.<ref name=AccommodationAllocation>{{cite web|url=http://www.lse.ac.uk/lifeAtLSE/accommodation/forStudents/allocation/allocation.aspx|title=After you have applied for accommodation|access-date=16 January 2017|archive-date=9 January 2017|archive-url=https://web.archive.org/web/20170109102614/http://www.lse.ac.uk/lifeAtLSE/accommodation/forStudents/allocation/allocation.aspx|url-status=live}}</ref> Whilst none of the residences are located at the Aldwych campus, the closest, Grosvenor House is within a five-minute walk from the school in [[Covent Garden]], whilst the farthest residences (Nutford and [[Butler's Wharf]]) are approximately forty-five minutes by [[London Underground|Tube]] or [[London Buses|Bus]].

Each residence accommodates a mixture of students both home and international, male and female, and, usually, undergraduate and postgraduate. New undergraduate students (including [[the General Course|General Course]] students) occupy approximately 55% of all spaces, with postgraduates taking approximately 40% and continuing students about 5% of places.<ref name=AccommodationAllocation/>

The largest LSE student residence, Bankside House, a refurbished early 1950s office block and former headquarters of the [[Central Electricity Generating Board]],<ref>{{Cite web|date=4 January 2012|title=LSE granted planning permission for Bankside House redevelopment – 2012 – Around LSE archives – Around LSE – News and media – Website archive – Home|url=http://www.lse.ac.uk/website-archive/newsAndMedia/aroundLSE/archives/2012/bankside.aspx|url-status=dead|archive-url=https://web.archive.org/web/20181011133451/http://www.lse.ac.uk/website-archive/newsAndMedia/aroundLSE/archives/2012/bankside.aspx|archive-date=11 October 2018|publisher=London School of Economics}}</ref> opened to students in 1996 and is fully catered, accommodating 617 students across eight floors overlooking the River Thames. It is located behind the [[Tate Modern]] art gallery on the south bank of the river.<ref>{{cite web|title=Bankside House|url=https://www.lse.ac.uk/student-life/accommodation/halls/bankside-house|access-date=1 June 2021|archive-date=2 June 2021|archive-url=https://web.archive.org/web/20210602215633/https://www.lse.ac.uk/student-life/accommodation/halls/bankside-house|url-status=live}}</ref><ref>{{cite news |url=http://www.london-se1.co.uk/news/view/5165 |title=LSE plans expansion of Bankside House student residence |work=london-se1.co.uk |date=21 March 2011 |access-date=6 April 2017 |archive-date=7 April 2017 |archive-url=https://web.archive.org/web/20170407054413/http://www.london-se1.co.uk/news/view/5165 |url-status=live }}</ref> The second-largest residence, the High Holborn Residence in [[High Holborn]], was opened in 1995 and is approximately 10 minutes walk from the main campus. It is self-catering, accommodating 447 students in flats of four our five bedrooms with shared facilities.<ref>{{cite web|title=High Holborn Residence|url=https://www.lse.ac.uk/student-life/accommodation/halls/high-holborn-residence|access-date=1 June 2021|archive-date=2 June 2021|archive-url=https://web.archive.org/web/20210602215743/https://www.lse.ac.uk/student-life/accommodation/halls/high-holborn-residence|url-status=live}}</ref>

== Notable people ==
{{Main list|List of people associated with the London School of Economics}}

<!-- Please limit the number of images to the most recognisable people and instead write using prose. -->
<gallery class="center" mode="nolines">
File:Jomo Kenyatta 1966-06-15.jpg|[[Jomo Kenyatta]], [[President of Kenya]] (1964–1978)
File:K. R. Narayanan.jpg|[[K. R. Narayanan]], [[President of India]] (1997–2002)
File:George Soros 47th Munich Security Conference 2011 crop.jpg|[[George Soros]], billionaire investor, philanthropist and political activist
File:Official portrait of Rachel Reeves crop 2.jpg|[[Rachel Reeves]] [[Chancellor of the Exchequer]] of the United Kingdom
</gallery>

The LSE has a long list of notable alumni and staff, spanning the fields of all scholarship provided by the school.<ref name="auto">{{cite web |title = LSE People |url = http://www.lse.ac.uk/About-LSE/LSE-people |access-date = 30 December 2024 }}</ref> The school has over 50 fellows of the [[British Academy]] on its staff, while other notable former staff members include [[Brian Barry]], [[Christopher Greenwood]], [[Maurice Cranston]], [[Anthony Giddens]], [[Harold Laski]], [[Ralph Miliband]], [[Michael Oakeshott]], [[William Phillips (economist)|A. W. Philips]], [[Karl Popper]], [[Lionel Robbins, Baron Robbins|Lionel Robbins]], [[Susan Strange]], [[Bob Ward (communications director)|Bob Ward]] and [[Charles Webster (historian)|Charles Webster]]. [[Mervyn King, Baron King of Lothbury|Mervyn King]], the former [[Governor of the Bank of England]], is also a former professor of economics.

In the political arena notable alumni and staff include 53 past or present heads of state, 20 members of the current [[House of Commons of the United Kingdom|British House of Commons]] and 46 members of the current [[House of Lords]]<!-- check lords -->. Former British Prime Minister [[Clement Attlee]] taught at the school from 1912 to 1923. In recent British politics, former LSE students include [[Virginia Bottomley]], [[Yvette Cooper]], [[Edwina Currie]], [[Frank Dobson]], [[Margaret Hodge]], [[Robert Kilroy-Silk]], former UK Labour Party leader [[Ed Miliband]] and former UK Liberal Democrats leader [[Jo Swinson]]. Internationally, the current and first female president of the European Commission [[Ursula von der Leyen]], Brazilian defence minister [[Celso Amorim]], Costa Rican President [[Óscar Arias]], former Japanese Prime Minister [[Taro Aso]], Queen [[Margrethe II of Denmark]], President of India [[K. R. Narayanan]], [[President of the Republic of China (Taiwan)]] [[Tsai Ing-wen]], Italian prime minister and president of the European Commission, [[Romano Prodi]], French Foreign Minister and president of the Constitutional Council [[Roland Dumas]]<ref>{{cite web |url = https://www.fayard.fr/auteurs/roland-dumas |title = Roland Dumas |date = 4 June 2013 |website = www.fayard.fr |access-date = 11 August 2019 |archive-date = 11 August 2019 |archive-url = https://web.archive.org/web/20190811114326/https://www.fayard.fr/auteurs/roland-dumas |url-status = live }}</ref> as well as Singapore's President [[Tharman Shanmugaratnam]] all studied at LSE. A notable number of LSE students have also played a role in the [[Barack Obama]] administration, including [[Pete Rouse]], [[Peter R. Orszag]], [[Mona Sutphen]], [[Paul Volcker]] and [[Jason Furman]].<ref>{{cite web |title = Obama's LSE alumni – 2009 |url = http://www2.lse.ac.uk/newsAndMedia/news/archives/2009/ObamasLSEalumni.aspx |url-status=dead |archive-url = https://web.archive.org/web/20111114032826/https://www2.lse.ac.uk/newsAndMedia/news/archives/2009/ObamasLSEalumni.aspx |archive-date = 14 November 2011 |access-date = 23 October 2011 |publisher = London School of Economics }}</ref> Physician [[Vanessa Kerry]] and American journalist [[Susan Rasky]] are also alumnae of the LSE. Notable American [[Monica Lewinsky]] pursued her MSc in Social Psychology at the LSE.Current leader of the opposition of the Sri Lankan government [[Sajith Premadasa]] also studied there.

Business people who studied at LSE include the CEO of [[AirAsia]] [[Tony Fernandes]], former CEO of [[General Motors]] [[Daniel Akerson]], director of [[Louis Vuitton]] [[Delphine Arnault]], founder of [[easyJet]] [[Stelios Haji-Ioannou]], CEO of [[Abercrombie & Fitch]] [[Michael S. Jeffries]], Greek business magnate [[Spiros Latsis]], American banker [[David Rockefeller]], CEO of [[Newsmax Media]] [[Christopher Ruddy]], founder of advertising agency [[Saatchi and Saatchi]] [[Maurice Saatchi, Baron Saatchi|Maurice Saatchi]], hedge fund managers [[George Soros]] and [[Michael Platt (finance)|Michael Platt]] and [[Andreas Utermann]], former CEO of [[Allianz Global Investors]].

The LSE has also produced many notable lawyers and judges, including [[Manfred Lachs]] (former President of the [[International Court of Justice]]), [[Dorab Patel]] (former Justice of the [[Supreme Court of Pakistan]]), [[Mónica Feria Tinta]] (British-Peruvian barrister specialising in international law), [[Anthony Kennedy]] (former Justice of the [[Supreme Court of the United States]]), chief architect of the Indian Constitution and jurist [[B. R. Ambedkar]].

A survey by employment specialists Emolument.com found that it on average took LSE graduates 11.6 years in the workforce to begin earning base salaries in excess of £500,000; the shortest timespan of any university in the United Kingdom.<ref>{{cite web |title = Which UK universities breed the most successful business leaders? |url = https://www.emolument.com/career_advice/best_university_for_successful_business_leaders |access-date = 2021-04-24 |website = www.emolument.com |language = en |archive-date = 24 April 2021 |archive-url = https://web.archive.org/web/20210424194959/https://www.emolument.com/career_advice/best_university_for_successful_business_leaders |url-status = live }}</ref>

Convicted British terrorist, [[Omar Saeed Sheikh]], studied statistics at LSE, but did not graduate. He served five years in an Indian prison for kidnapping British tourists in 1994. In 2002, he was arrested and convicted in the kidnapping and murder of [[Daniel Pearl]]. ''The Guardian'' reported that Sheikh came into contact with radical Islamists at the LSE.<ref name="The Guardian 15 July 2002">{{cite news |last = Jeffery |first = Simon |title = Omar Sheikh: The path from public school in London to Pakistan's death row |url = https://www.theguardian.com/world/2002/jul/15/pakistan.simonjeffery |date = 15 July 2002 |newspaper = The Guardian |location = London |access-date = 19 January 2015 |archive-date = 10 July 2023 |archive-url = https://web.archive.org/web/20230710221734/https://www.theguardian.com/world/2002/jul/15/pakistan.simonjeffery |url-status = live }}</ref>

===Faculty and Nobel laureates===
{{Main list|List of Nobel laureates affiliated with the London School of Economics}}

As of 2024, 20 Nobel Prize laureates in economics, peace and literature are recognised by the school as being LSE alumni and staff.<ref name="auto" />
<gallery class="center">
File:Clement Attlee.PNG|[[Clement Attlee]], [[Prime Minister of the United Kingdom]] (1945–1951). [Nominated for 1955 Peace Prize - none awarded]
File:Leonid Hurwicz.jpg|[[Leonid Hurwicz]] – [[Nobel laureate]] in Economics – studied at LSE with [[Nicholas Kaldor]] and [[Friedrich Hayek|F. A. Hayek]]
File:Coase_scan_10_edited.jpg|[[Ronald Coase]] – awarded the [[Nobel Prize in Economics]] in 1991
File:Christopher Pissarides.jpg|[[Christopher A. Pissarides]] – awarded the [[Nobel Prize in Economics]] in 2010 – currently [[Regius Professor]] of Economics at LSE
File:Amartya Sen NIH.jpg|[[Amartya Sen]], Indian economist, former professor and [[Nobel Memorial Prize in Economic Sciences|Nobel laureate]]
File:Juan Manuel Santos in 2018.jpg|[[Juan Manuel Santos]], former [[president of Colombia]] and recipient of the [[2016 Nobel Peace Prize]]
File:Karl Popper2.jpg|[[Karl Popper]], [[Reader (academic rank)|reader]] in [[logic]] and [[scientific method]]
</gallery>

== LSE in literature and other media ==
The London School of Economics has been mentioned and formed the basis of setting for numerous works of fiction and in popular culture. The first notable mention of the LSE was in literature was in the epilogue to [[George Bernard Shaw|Bernard Shaw's]] 1912 play ''[[Pygmalion (play)|Pygmalion]]'', [[Eliza Doolittle]] is sent to the LSE.<ref>{{cite book |title=Listener and BBC Television Review Volumes 100–101 |date=1978 |publisher=British Broadcasting Corporation |page=435}}</ref>

In around a dozen other novels, the LSE was mentioned as short-hand for a character being witty and clever but outside the establishment. This is best exhibited by [[Ian Fleming]]'s CV of [[James Bond]] that included the detail that his father, Andrew, is an LSE graduate.<ref name="Fiction">{{cite news |title=As others see us – LSE in fiction |url=https://blogs.lse.ac.uk/lsehistory/2015/02/25/as-others-see-us-lse-in-fiction/ |access-date=26 March 2024 |publisher=London School of Economics}}</ref> These occurrences have continued into contemporary fiction: Lenny is the young 'hip' LSE graduate and criminologist in [[Jake Arnott]]'s tour of the London underworld in ''[[The Long Firm]]''. [[Robert Harris (novelist)|Robert Harris]]' ''[[Enigma (novel)|Enigma]]'' includes Baxter, a code breaker with leftist views, who has been an LSE lecturer before the war and ''My Revolutions'' by [[Hari Kunzru]] traces the career of Chris Carver aka Michael Frame who travels from LSE student radical to terrorist and on to middle England.<ref name="Fiction"/>

LSE alumna [[Hilary Mantel]], in ''The Experience of Love'', never mentions LSE by name but [[Holborn|Houghton Street]], the corridors of the LSE Old Building and Wright's Bar are immediately recognisable references to the campus of the school. [[A. S. Byatt]]'s ''[[The Children's Book]]'' returns to LSE's Fabian roots with a plot inspired in part by the life of children's writer [[E. Nesbitt]] and Fabian [[Hubert Bland]], and characters that choose LSE over older educational establishments (namely [[Oxford]] and [[Cambridge]]).

On the small screen, the popular 1980s British sitcom ''[[Yes Minister]]'' and ''[[Yes, Prime Minister|Yes Prime Minister]]'' make regular references to the LSE with Minister [[Jim Hacker]] (later Prime Minister) and Sir Mark Spencer (special advisor to the Prime Minister) regularly being subtly ridiculed for having attended the LSE.<ref name="Screen">{{cite news |title=LSE on the big and the small screen |url=https://blogs.lse.ac.uk/lsehistory/2016/02/22/lse-on-screen/ |access-date=26 March 2024 |publisher=London School of Economics}}</ref> A fictional LSE graduate also appears in season three episode six of the US series, ''[[Mad Men (season 3)|Mad Men]]''.<ref name="Screen"/> The popular American series ''[[The West Wing]]'' following the Democratic administration of [[Josiah Bartlet|Josiah (Jed) Bartlet]] makes several references to Josiah Bartlet being an alumnus of the LSE.<ref name="Screen"/> Other fictional LSE alumni are present in ''[[Spooks (TV series)|Spooks]]'', at least one episode of ''[[The Professionals (TV series)|The Professionals]]'' and ''[[The Blacklist]]'' series.

In movies and motion pictures, in the 2014 action spy thriller ''[[Jack Ryan: Shadow Recruit|Shadow Recruit]]'', the young [[Jack Ryan (character)|Jack Ryan]], based on a Tom Clancy character, proves his academic credentials by walking out of the Old Building as he graduates from the LSE before injuring his spine being shot down in Afghanistan.<ref name="Screen"/> The LSE is acknowledged in ''[[The Social Network]]'' naming the institution along with [[Oxford University|Oxford]] and [[Cambridge University|Cambridge]] universities in a reference to the rapid growth [[Facebook]] enjoyed both within and outside the United States in its early years.

==See also==
* [[Armorial of UK universities]]
* [[List of universities in the UK]]


==Notes==
==Notes==
{{notelist}}
#"LSE: A History of the London School of Economics and Political Science, 1895-1995", ''[[Oxford University Press]]'', June 1, 1995.
#"Determined Challengers Keep Heat On The Elite", ''[[The Times Higher Education Supplement]]'', October 28, 2005
#"[http://www.mla.gov.uk/news/press_article.asp?articleid=867 Outstanding library and archive collections receive national recognition]", ''MLA News'', October 28, 2005
#"[http://news.bbc.co.uk/onthisday/hi/dates/stories/january/24/newsid_2506000/2506485.stm 1969: LSE closes over student clashes]", ''BBC News''
#"[http://www.economics.utoronto.ca/ranking.html JEEA Published Ranking]", "Source: Table 3 of Pantelis Kalaitzidakis, Theofanis P. Mamuneas, and Thanasis Stengos (2003)"
#"[http://homepages.ulb.ac.be/%7Etcoupe/update/uniefsevoloverall.html Top 200 universities: evolution over time]", "ULB 6/17/02"
#"[http://www.econphd.net/rankings.htm EconPh.D Net Dec 1, 2005]", "EconPh. D Net"
#"[http://cowles.econ.yale.edu/areas/ecm/gsrank.htm Cowles, Yale]", "Francisco Cribari-Neto, Mark J. Jensen and Álvaro A. Novo, "Research in Econometric Theory: Quantitative and Qualitative Productivity Rankings," Econometric Theory, 1999"
#"[http://www.hero.ac.uk/rae/rae96/1_96/t38.html HERO 1996]", "UK Research Assessment Exercise 1996"
#"[http://www.hero.ac.uk/rae/rae_dynamic.cfm?myURL=http://195.194.167.103/Results/byuoa/uoa38.htm HERO 2001]", "UK Research Assessment Exercise 2001"
#"[http://ideas.repec.org/top/top.uk.html IDEAS Research Assessment UK top 20% of Departments & World top 5% of Departments]", "IDEAS, University of Connecticut, Top 20% UK institutions"


{{NoteFoot}}
==References==
{{reflist|2}}


==External links==
== References ==
{{Reflist}}
*[http://www2.lse.ac.uk/ London School of Economics and Political Science] – website
*[http://www.lsesu.com/ LSE Students' Union]
*[http://www.shl.lon.ac.uk/specialcollections/archives/studentrecords.shtml LSE student lists]


==Further reading==
{{London School of Economics}}
* {{cite book|last=Dahrendorf|first=Ralf|title=LSE: A History of the London School of Economics and Political Science, 1895–1995|location=Oxford|publisher=Oxford University Press|year=1995|pages=xx, 584|isbn=0198202407}}
* "Determined Challengers Keep Heat on the Elite", ''[[The Times Higher Education Supplement]]'', 28 October 2005
* "[http://news.bbc.co.uk/onthisday/hi/dates/stories/january/24/newsid_2506000/2506485.stm 1969: LSE closes over student clashes]", BBC News
* "[https://ideas.repec.org/top/top.uk.html IDEAS Research Assessment UK top 20% of Departments & World top 5% of Departments]", "IDEAS, University of Connecticut, Top 20% UK institutions"

== External links ==
{{Commons category}}
* {{official website}}
* [http://archives.lse.ac.uk/Record.aspx?src=CalmView.Catalog&id=LSE Catalogue of the archives of LSE]
* [http://archives.lse.ac.uk/Record.aspx?src=Catalog&id=BEVERIDGE%2f5%2f4 Memorandum about the school by William Beveridge, 1935]
* [http://archives.lse.ac.uk/TreeBrowse.aspx?src=CalmView.Catalog&field=RefNo&key=LSE%2FMINUTES Catalogue of School minute books, 1894–]

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[[Category:Universities and colleges established in 1895]]
[[Category:Economics schools]]
[[Category:1895 establishments in England]]
[[Category:Association of Commonwealth Universities]]
[[Category:1895 in economic history]]
[[Category:Political science in the United Kingdom]]

[[Category:Universities UK]]
[[ar:كلية لندن للاقتصاد]]
[[bg:Лондонско училище по икономика]]
[[ca:London School of Economics]]
[[cs:London School of Economics]]
[[cy:Ysgol Economeg a Gwyddor Gwleidyddiaeth Llundain]]
[[da:London School of Economics]]
[[de:London School of Economics and Political Science]]
[[et:London School of Economics and Political Science]]
[[el:London School of Economics]]
[[es:London School of Economics]]
[[fa:مدرسه اقتصاد لندن]]
[[fr:London School of Economics]]
[[ko:런던 정치경제대학교]]
[[hr:London School of Economics]]
[[it:London School of Economics and Political Science]]
[[he:בית הספר לכלכלה של לונדון]]
[[ka:ლონდონის ეკონომიკის სკოლა]]
[[sw:London School of Economics]]
[[lt:Londono ekonomikos ir politikos mokslų mokykla]]
[[hu:London School of Economics]]
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[[ja:ロンドン・スクール・オブ・エコノミクス]]
[[no:London School of Economics and Political Science]]
[[nn:London School of Economics]]
[[pl:London School of Economics]]
[[pt:London School of Economics]]
[[ro:The London School of Economics and Political Science]]
[[ru:Лондонская школа экономики и политических наук]]
[[simple:London School of Economics]]
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[[ta:இலண்டன் பொருளாதாரப் பள்ளி]]
[[tt:London School of Economics]]
[[th:วิทยาลัยเศรษฐศาสตร์และรัฐศาสตร์แห่งลอนดอน]]
[[tr:Londra Ekonomi Okulu]]
[[uk:Лондонська школа економіки та політичних наук]]
[[vi:Trường Kinh tế và Khoa học Chính trị Luân Đôn]]
[[yi:לאנדאנער שולע פון עקאנאמיק]]
[[yo:London School of Economics]]
[[zh:倫敦政治經濟學院]]

Latest revision as of 17:57, 30 December 2024

London School of Economics and Political Science
MottoLatin: Rerum cognoscere causas
Motto in English
To understand the causes of things
TypePublic research university
Established1895; 129 years ago (1895)
Endowment£255.5 million (2024)[1]
Budget£525.6 million (2023/24)[1]
ChairSusan Liautaud[2]
VisitorLucy Powell
(as Lord President of the Council ex officio)
ChancellorThe Princess Royal
(as Chancellor of the University of London)
President and Vice-ChancellorLarry Kramer
Academic staff
1,910 (2022/23)[3]
Administrative staff
2,520 (2022/23)[3]
Students13,295 (2022/23)[4]
Undergraduates5,950 (2022/23)[4]
Postgraduates7,350 (2022/23)[4]
Location
London
,
England

51°30′50″N 0°07′00″W / 51.51389°N 0.11667°W / 51.51389; -0.11667
CampusUrban
NewspaperThe Beaver
ColoursPurple, black and gold[5]
Affiliations
MascotBeaver
Websitelse.ac.uk

The London School of Economics and Political Science (LSE) is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded in 1895 by Fabian Society members Sidney Webb, Beatrice Webb, Graham Wallas and George Bernard Shaw, LSE joined the University of London in 1900 and established its first degree courses under the auspices of the university in 1901.[6] LSE began awarding its degrees in its own name in 2008,[7] prior to which it awarded degrees of the University of London. It became a university in its own right within the University of London in 2022.[8]

LSE is located in the London Borough of Camden and Westminster, Central London, near the boundary between Covent Garden and Holborn. The area is historically known as Clare Market. LSE has more than 11,000 students, just under seventy per cent of whom come from outside the UK, and 3,300 staff.[9] The university has the sixth-largest endowment of any university in the UK and in 2023/24, it had an income of £525.6 million of which £41.4 million was from research grants.[1] Despite its name, the school is organised into 25 academic departments and institutes which conduct teaching and research across a range of pure and applied social sciences.[9]

LSE is a member of the Russell Group, Association of Commonwealth Universities and the European University Association, and is typically considered part of the "golden triangle" of research universities in the south east of England. The LSE also forms part of CIVICA – The European University of Social Sciences.[10] The 2025 Times and Sunday Times Good University Guide ranked the London School of Economics as the number one university in the United Kingdom and named it their University of the Year.[11] In the 2021 Research Excellence Framework, the school had the third highest grade point average in the United Kingdom (joint with the University of Cambridge).[12]

LSE alumni and faculty include 55 past or present heads of state or government and 20 Nobel laureates. As of 2024, 25 per cent of all 56 Nobel Memorial Prizes in Economics had been awarded, at least in part, to LSE alumni, current staff, or former staff.[13] LSE alumni and faculty have also won 3 Nobel Peace Prizes and 2 Nobel Prizes in Literature.[14][15]

History

[edit]
Beatrice and Sidney Webb

Origins

[edit]

The London School of Economics and Political Science was founded in 1895[16] by Beatrice and Sidney Webb,[17] initially funded by a bequest of £20,000[18][19] from the estate of Henry Hunt Hutchinson. Hutchinson, a lawyer[18] and member of the Fabian Society,[20][21] left the money in trust, to be put "towards advancing its [The Fabian Society's] objects in any way they [the trustees] deem advisable".[21] The five trustees were Sidney Webb, Edward Pease, Constance Hutchinson, W. S. de Mattos and William Clark.[18]

LSE records that the proposal to establish the school was conceived during a breakfast meeting on 4 August 1894, between the Webbs, Louis Flood, and George Bernard Shaw.[16] The proposal was accepted by the trustees in February 1895[21] and LSE held its first classes in October of that year, in rooms at 9 John Street, Adelphi,[22] in the City of Westminster.

20th century

[edit]

The school joined the federal University of London in 1900 and was recognised as a Faculty of Economics of the university. The University of London degrees of BSc (Econ) and DSc (Econ) were established in 1901, the first university degrees dedicated to the social sciences.[22] Expanding rapidly over the following years, the school moved initially to the nearby 10 Adelphi Terrace, then to Clare Market and Houghton Street. The foundation stone of the Old Building, on Houghton Street, was laid by King George V in 1920;[16] the building was opened in 1922.[22]

The school's arms,[23] including its motto and beaver mascot, were adopted in February 1922,[24] on the recommendation of a committee of twelve, including eight students, which was established to research the matter.[25] The Latin motto, rerum cognoscere causas, is taken from Virgil's Georgics. Its English translation is "to Know the Causes of Things"[24] and it was suggested by Professor Edwin Cannan.[16] The beaver mascot was selected for its associations with "foresight, constructiveness, and industrious behaviour".[25]

Friedrich Hayek, who taught at LSE during the 1930s and 1940s

The 1930s economic debate between LSE and the University of Cambridge is well known in academic circles. The rivalry between academic opinion at LSE and Cambridge goes back to the school's roots when LSE's Edwin Cannan (1861–1935), Professor of Economics, and Cambridge's Professor of Political Economy, Alfred Marshall (1842–1924), the leading economist of the day, argued about the bedrock matter of economics and whether the subject should be considered as an organic whole. (Marshall disapproved of LSE's separate listing of pure theory and its insistence on economic history.)[26]

The dispute also concerned the question of the economist's role, and whether this should be as a detached expert or a practical adviser.[27] Despite the traditional view that the LSE and Cambridge were fierce rivals through the 1920s and 30s, they worked together in the 1920s on the London and Cambridge Economic Service.[28] However, the 1930s brought a return to disputes as economists at the two universities argued over how best to address the economic problems caused by the Great Depression.[29]

The main figures in this debate were John Maynard Keynes from Cambridge and the LSE's Friedrich Hayek. The LSE economist Lionel Robbins was also heavily involved. Starting off as a disagreement over whether demand management or deflation was the better solution to the economic problems of the time, it eventually embraced much wider concepts of economics and macroeconomics. Keynes put forward the theories now known as Keynesian economics, involving the active participation of the state and public sector, while Hayek and Robbins followed the Austrian School, which emphasised free trade and opposed state involvement.[29]

During World War II, the school decamped from London to the University of Cambridge, occupying buildings belonging to Peterhouse.[30]

Following the decision to establish a modern business school within the University of London in the mid-1960s, the idea was discussed of setting up a "Joint School of Administration, Economics, and Technology" between the LSE and Imperial College. However, this avenue was not pursued and instead, the London Business School was created as a college of the university.[31]

In 1966, the appointment of Sir Walter Adams as director sparked opposition from the student union and student protests. Adams had previously been principal of the University College of Rhodesia and Nyasaland, and the students objected to his failure to oppose Rhodesia's Unilateral Declaration of Independence and cooperation with the white minority government. This broadened into wider concerns about links between the LSE and its governors and investments in Rhodesia and South Africa and concerns over LSE's response to student protests. These led to the closure of the school for 25 days in 1969 after a student attempt to dismantle the school gates resulted in the arrest of over 30 students. Injunctions were taken out against 13 students (nine from LSE), with three students ultimately being suspended, two foreign students being deported, and two staff members seen as supporting the protests being fired.[16][32][33]

In the 1970s, four Nobel Memorial Prizes in Economic Sciences were awarded to economists associated with the LSE: John Hicks (lecturer 1926–36) in 1972, Friedrich Hayek (lecturer 1931–50) in 1974, James Meade (lecturer 1947–1957) in 1977 and Arthur Lewis (BSc Econ 1937, and the LSE's first Black academic 1938–44) in 1979.[16][34][35]

21st century

[edit]
Stonework featuring the initials of LSE

In the early 21st century, the LSE had a wide impact on British politics. The Guardian described such influence in 2005 when it stated:

Once again the political clout of the school, which seems to be closely wired into parliament, Whitehall, and the Bank of England, is being felt by ministers. ... The strength of LSE is that it is close to the political process: Mervyn King, was a former LSE professor. The former chairman of the House of Commons education committee, Barry Sheerman, sits on its board of governors, along with Labour peer Lord (Frank) Judd. Also on the board are Tory MPs Virginia Bottomley and Richard Shepherd, as well as Lord Saatchi and Lady Howe.[36]

Commenting in 2001 on the rising status of the LSE, the British magazine The Economist stated that "two decades ago the LSE was still the poor relation of the University of London's other colleges. Now... it regularly follows Oxford and Cambridge in league tables of research output and teaching quality and is at least as well-known abroad as Oxbridge". According to the magazine, the school "owes its success to the single-minded, American-style exploitation of its brand name and political connections by the recent directors, particularly Mr Giddens and his predecessor, John Ashworth" and raises money from foreign students' high fees, which are attracted by academic stars such as Richard Sennett.[37]

In 2006, the school published a report disputing the costs of British government proposals to introduce compulsory ID cards.[38][39][40] LSE academics were also represented on numerous national and international bodies in the early 21st century, including the UK Airports Commission,[41] Independent Police Commission,[42] Migration Advisory Committee,[43] UN Advisory Board on Water and Sanitation,[44] London Finance Commission,[45] HS2 Limited,[46] the UK government's Infrastructure Commission[47] and advising on architecture and urbanism for the London 2012 Olympics[48]

The LSE gained its own degree-awarding powers in 2006 and the first LSE degrees (rather than degrees of the University of London) were awarded in 2008.[16]

Following the passage of the University of London Act 2018, the LSE (along with other member institutions of the University of London) announced in early 2019 that they would seek university status in their own right while remaining part of the federal university.[49] Approval of university title was received from the Office for Students in May 2022 and updated Articles of Association formally constituting the school as a university were approved by LSE council 5 July 2022.[50][51]

Controversies

[edit]

In February 2011, LSE had to face the consequences of matriculating one of Muammar Gaddafi's sons while accepting a £1.5m donation to the university from his family.[52] LSE director Howard Davies resigned over allegations about the institution's links to the Libyan regime.[53] The LSE announced in a statement that it had accepted his resignation with "great regret" and that it had set up an external inquiry into the school's relationship with the Libyan regime and Saif al-Islam Gaddafi, to be conducted by the former lord chief justice Harry Woolf.[53]

In 2013, the LSE was featured in a BBC Panorama documentary on North Korea, filmed inside the repressive regime by undercover journalists attached to a trip by the LSE's Grimshaw Club, a student society of the international relations department. The trip had been sanctioned by high-level North Korean officials.[54][55] The trip caused international media attention as a BBC journalist was posing as a part of LSE.[56] There was debate as to whether this put the students' lives in jeopardy in the repressive regime if a reporter had been exposed.[57] The North Korean government made hostile threats towards the students and LSE after the publicity, which forced an apology from the BBC.[55]

In August 2015, it was revealed that the university was paid approximately £40,000 for a "glowing report" for Camila Batmanghelidjh's charity, Kids Company.[58] The study was used by Batmanghelidjh to prove that the charity provided good value for money and was well managed. The university did not disclose that the study was funded by the charity.

In 2023, the LSE formally cut ties with the LGBT charity Stonewall, a decision which was sharply criticized as transphobic by the LSE Student Union but praised by gender-critical activists as being conducive to freedom of speech.[59][60]

Industrial disputes

[edit]

In the summer of 2017, dozens of campus cleaners contracted via Noonan Services went on weekly strikes, protesting outside key buildings and causing significant disruption during end-of-year examinations.[61] The dispute organised by the UVW union was originally over unfair dismissals of cleaners, but had escalated into a broad demand for decent employment rights matching those of LSE's in-house employees.[62] Owen Jones did not cross the picket line after arriving for a debate on grammar schools with Peter Hitchens.[63] It was announced in June 2018 that some 200 outsourced workers at the LSE would be offered in-house contracts.[64]

Since 2014/15, levels of academic casualisation have increased at the LSE, with the number of academics on fixed-term contracts increasing from 47% in 2016/2017 to 59% in 2021/2022,[65] according to Higher Education Statistical Agency data (internal LSE data puts the latest figure at 58.5%).[66] During this same period, comparable universities such as University of Edinburgh, University College London and Imperial all increased their rates of permanent staff relative to those on fixed term contracts.[65] Only Oxford had a higher proportion of casual academic work for the 2021/2022 year (66%) although in contrast to LSE, the proportion remained constant rather than rising.[65] As a result, the student-to-permanent staff ratio at LSE has worsened and had, as of July 2023, the worst student-to-permanent staff ratio among comparable universities in the UK, according to HESA data.[65] According to research conducted by the LSE UCU Branch into staff well-being, 82% of fixed term academic staff at the LSE experienced regular or constant anxiety about their professional futures.[66] In the same survey, overwork and mental health issues were reported as endemic among respondents, with 40% of fellows reporting that their teaching hours exceeded LSE's universal teaching limit of 100 hours per academic year for LSE Fellows.[66]

In response to industrial action, which included not marking student work, taken by UCU in the summer of 2023 over pay and casualised working conditions, the LSE management took the decision to not accept partial performance of duties and to impose pay deductions on academic staff participating in the action.[67] The LSE also introduced an 'Exceptional Degree Classification Schemes' policy,[68] allowing undergraduate and taught postgraduate students to be awarded provisional degrees on the basis of fewer grades than normally required. In the event that the final classification (once all marks are available) is lower than the provisional classification, the higher provisional classification will stand as the degree classification.[68]

The World Turned Upside Down

[edit]
The World Turned Upside Down – Taiwan is coloured differently from China

A sculpture by Mark Wallinger, The World Turned Upside Down, which features a globe resting on its north pole, was installed in Sheffield Street on the LSE campus on 26 March 2019. The artwork attracted controversy for showing Taiwan as a sovereign state rather than as part of China,[69][70][71] Lhasa being denoted as a full capital and depicting boundaries between India and China as recognised internationally. The sculpture also did not depict the State of Palestine as a separate country from Israel.

After protests and reactions from both Chinese and Taiwanese students,[72][73] The university decided later that year that it would retain the original design which chromatically displayed the PRC and Taiwan as different entities consistent with the status quo, but with the addition of an asterisk beside the name of Taiwan and a corresponding placard that clarified the institution's position regarding the controversy.[74][75]

Campus and estate

[edit]
Old Building

Since 1902, LSE has been based at Clare Market and Houghton Street (first syllable pronounced "How")[76] in Westminster. It is surrounded by a number of important institutions including the Royal Courts of Justice, all four Inns of Courts, Royal College of Surgeons, Sir John Soane's Museum, and the West End is immediately across Kingsway from campus, which also borders the City of London and is within walking distance to Trafalgar Square and the Houses of Parliament.

The Sir Arthur Lewis Building houses the Department of Economics and the International Growth Centre.

In 1920, King George V laid the foundation of the Old Building. The campus now occupies an almost continuous group of around 30 buildings between Kingsway and Aldwych. Alongside teaching and academic space, the institution owns 11 student halls of residence across London, a West End theatre (the Peacock), early years centre, NHS medical centre and extensive sports ground in Berrylands, south London. LSE operates the George IV public house[77] and the students' union operates the Three Tuns bar.[78] The school's campus is noted for its numerous public art installations, which include Richard Wilson's Square the Block,[79] Michael Brown's Blue Rain,[80] Christopher Le Brun's Desert Window,[81] and Turner Prize-winner Mark Wallinger's The World Turned Upside Down.[82][83][84]

Centre Building, opened in 2019

Since the early 2000s, the campus has undergone an extensive refurbishment project and a major fund-raising "Campaign for LSE" raised over £100 million in what was one of the largest university fund-raising exercises outside North America. This process began with the £35 million renovation of the British Library of Political and Economic Science by Foster and Partners.[85]

The Cheng Kin Ku Building (CKK) houses the LSE Law School and the Department of Geography and Environment.

In 2003, LSE purchased the former Public Trustee building at 24 Kingsway and engaged Sir Nicholas Grimshaw to redesign it into an ultra-modern educational facility at a total cost of over £45 million – increasing the size of the campus by 120,000 square feet (11,000 m2). The New Academic Building opened for teaching in October 2008, with an official opening by Her Majesty the Queen and the Duke of Edinburgh on 5 November 2008.[86] In November 2009 the school purchased the adjacent Sardinia House to house three academic departments and the nearby Old White Horse public house, before acquiring the freehold of the grade-II listed Land Registry Building at 32 Lincoln's Inn Fields in October 2010, which was reopened in March 2013 by The Princess Royal as the new home for the Department of Economics, International Growth Centre and its associated economic research centres. In 2015, LSE brought its ownership of buildings on Lincoln's Inn Fields to six, with the purchase of 5 Lincoln's Inn Fields on the north side of the square, which has since been converted into faculty accommodation.[87]

Saw Swee Hock Student Centre

[edit]

The first new campus building for more than 40 years, the Saw Swee Hock Student Centre, named after the Singaporean statistician and philanthropist, opened in January 2014 following an architectural design competition managed by RIBA Competitions.[88][89] The building provides accommodation for the LSE Students' Union, LSE accommodation office and LSE careers service as well as a bar, events space, gymnasium, rooftop terrace, learning café, dance studio, and media centre.[90] Designed by architectural practice O'Donnell and Tuomey, the building achieved a BREEAM 'Outstanding' rating for environmental sustainability, won multiple awards including the RIBA National Award and London Building of the Year Award, and was shortlisted for the Stirling Prize.[91][92][93][94]

The 16th-century Old Curiosity Shop is now owned (freehold) and managed by the LSE.

Centre Building

[edit]

The Centre Building, situated opposite the British Library of Political and Economic Science, opened in June 2019. Designed by Rogers Stirk Harbour and Partners following a RIBA competition, the 13-storey building includes 14 seminar rooms seating between 20 and 60, 234 study spaces, a 200-seater auditorium, as well as three lecture theatres.[95] The building hosts the School of Public Policy, the Departments of Government and International Relations, the European Institute, and the International Inequalities Institute. It includes publicly accessible roof terraces and a renovated square at the centre of campus.[96][97][98] The building design was recognised with RIBA's London Award and National Award in 2021.[99][100][101][102]

Marshall Building

[edit]

The Marshall Building, located at 44 Lincoln's Inn Fields, opened in January 2022.[103] Designed by Grafton Architects and named after British investor Paul Marshall, the building houses the Departments of Management, Accounting, and Finance, sports facilities, and the Marshall Institute for Philanthropy and Social Entrepreneurship.[104][105][106] The site was previously home to the Francis Crick Institute's laboratories, which LSE purchased in 2013.[107][108]

Future expansion

[edit]
LSE Campus as viewed from the terrace of the New Academic Building in January 2018, showing the Centre Building's redevelopment and the demolition of 44 Lincoln's Inn Fields

On 15 November 2017, LSE announced that it acquired the Nuffield Building at 35 Lincoln's Inn Fields from the Royal College of Surgeons and plans to redevelop the site to host the Firoz Lalji Global Hub, the departments of Mathematics, Statistics and Methodology, the Data Science Institute, and conference and executive education facilities. The new building will be designed by David Chipperfield Architects.[109][110][111][112]

Sustainability

[edit]

In 2021, LSE claimed to be the first UK university to be independently verified as carbon-neutral, which it achieved by funding rainforest trees to offset emissions through the Finnish organisation (Oy) Compensate.[113][114] However, LSE omitted some of its emissions in its calculation and thus did not offset all of them. While it measured and offset emissions from heating, electricity, and faculty air travel, the school left out other travel-related emissions, as well as emissions from construction and on-campus food. LSE plans to offset the remaining emissions (scope 1 through 3) by 2050.[115][116][117]

Organisation and administration

[edit]

Governance

[edit]
The George IV, a pub owned by LSE

Although LSE is a constituent college of the federal University of London, it is in many ways comparable with free-standing, self-governing, and independently funded universities, and it awards its own degrees.

LSE is incorporated under the Companies Act as a company limited by guarantee and is an exempt charity within the meaning of Schedule Two of the Charities Act 1993.[118] The principal governance bodies of the LSE are: the LSE Council; the Court of Governors; the academic board; and the director and director's management team.[118]

The LSE Council is responsible for strategy and its members are company directors of the school. It has specific responsibilities in relation to areas including the monitoring of institutional performance; finance and financial sustainability; audit arrangements; estate strategy; human resource and employment policy; health and safety; "educational character and mission", and student experience. The council is supported in carrying out its role by a number of committees that report directly to it.[118]

The Court of Governors deals with certain constitutional matters and has pre-decision discussions on key policy issues and the involvement of individual governors in the school's activities. The court has the following formal powers: the appointment of members of the court, its subcommittees, and the council; election of the chair and vice chairs of the court and council and honorary fellows of the school; the amendment of the memorandum and articles of association; and the appointment of external auditors.[118]

The academic board is LSE's principal academic body and considers all major issues of general policy affecting the academic life of the school and its development. It is chaired by the director, with staff and student membership, and is supported by its own structure of committees. The vice chair of the academic board serves as a non-director member of the council and makes a termly report to the council.[118] Since the COVID-19 Pandemic, the Academic Board has moved online and has not yet returned to in-person meetings, changing the dynamic of engagement.

President and Vice-Chancellor

[edit]
Sir John Ashworth
Craig Calhoun

The president and vice-chancellor (titled director until 2022) is the head of LSE and its chief executive officer, responsible for executive management and leadership on academic issues. The vice-chancellor reports to and is accountable to the council. The vice-chancellor is also the accountable officer for the purposes of the Office for Students financial memorandum. The LSE's current interim vice-chancellor is Eric Neumayer, who replaced Minouche Shafik on 23 June 2023. In July 2023, the LSE announced that Hewlett Foundation head Larry Kramer would become president and vice-chancellor in April 2024.[119]

The president is supported by four pro-vice chancellors with designated portfolios (education; research; planning and resources; faculty development), the school secretary, the chief operating officer, the chief finance officer, and the chief philanthropy and global engagement officer.[120]

President and Vice-Chancellor / Directors (old)
Years Name
1895–1903 William Hewins
1903–1908 Sir Halford Mackinder
1908–1919 The Hon. William Pember Reeves
1919–1937 Lord Beveridge
1937–1957 Sir Alexander Carr-Saunders
1957–1967 Sir Sydney Caine
1967–1974 Sir Walter Adams
1974–1984 Lord Dahrendorf
1984–1990 Indraprasad Gordhanbhai Patel
1990–1996 Sir John Ashworth
1996–2003 Lord Giddens
2003–2011 Sir Howard Davies
2011–2012 Judith Rees (interim)
2012–2016 Craig Calhoun
2016–2017 Julia Black (interim)
2017–2023 Minouche Shafik
2023–2024 Eric Neumayer (interim)
2024–present Larry Kramer

Titled as director and president[121]

Academic departments and institutes

[edit]

LSE's research and teaching are organised into a network of independent academic departments established by the LSE Council, the school's governing body, on the advice of the academic board, the school's senior academic authority. There are currently 27 academic departments or institutes.

  • Department of Accounting
  • Department of Anthropology
  • Department of Economic History
  • Department of Economics
  • Department of Finance
  • Department of Geography and Environment
  • Department of Gender Studies
  • Department of Health Policy
  • Department of Government
  • Department of International Development
  • Department of International History
  • Department of International Relations
  • Department of Management
  • Department of Mathematics
  • Department of Media and Communications
  • Department of Methodology
  • Department of Philosophy, Logic and Scientific Method
  • Department of Psychological and Behavioural Science
  • Department of Social Policy
  • Department of Sociology
  • Department of Statistics
  • European Institute
  • International Inequalities Institute
  • Institute of Public Affairs
  • Language Centre
  • LSE Law School
  • Marshall Institute for Philanthropy and Social Entrepreneurship[122]
  • School of Public Policy

Finances

[edit]

In the financial year ending 31 July 2024, the London School of Economics (LSE) had a total income of £525.6 million (2022/23 – £466.1 million) and total expenditure of £344.4 million (2022/23 – £424.8 million).[1] Key sources of income included £316.4 million from tuition fees and education contracts (2022/23 – £295.0 million), £26.8 million from funding body grants (2022/23 – £29.1 million), £41.4 million from research grants and contracts (2022/23 – £39.6 million), £11.6 million from investment income (2022/23 – £7.8 million) and £49.3 million from donations and endowments (2022/23 – £22.7 million).[1]

At year end, the LSE had endowments of £255.5 million (2022/23 – £229.3 million) and total net assets of £1.009 billion (2022/23 – £793.2 million).[1]

The Times Higher Education Pay Survey 2017 revealed that, among larger, non-specialist institutions, LSE professors and academics were the highest paid in the UK, with average incomes of £103,886 and £65,177 respectively.[123]

Endowment

[edit]

The LSE is aiming to increase the size of its endowment fund to more than £1bn, which would make it one of the best resourced institutions in the UK and the world. The effort was initiated in 2016 by Lord Myners, then chairman of the LSE's Council and Court of Governors. The plan includes working with wealthy alumni of LSE to make large contributions, increasing the annual budget surplus, and launching a new, widescale alumni donor campaign. The plan to grow LSE's endowment to more than £1bn has been continued by Lord Myners' successors at the LSE.[124] The LSE stated in 2016 that currently "limited endowment funding constrains our ability to offer 'needs blind' admission to students".[125] In the ten-year period between 2015 and 2024, the endowment more than doubled from £113 million to £255 million, making it the sixth-largest endowment of any university in the UK.[126][1]

Academic year

[edit]

LSE continues to adopt a three-term structure and has not moved to semesters. Michaelmas Term runs from October to mid-December, Lent Term from mid-January to late March, and Summer Term from late April to mid-June. Certain departments operate reading weeks in early November and mid-February.[127]

Logo, arms and mascot

[edit]
LSE's "red block" logo

The school's historic coat of arms is used on official documentation including degree certificates and transcripts and includes the motto – rerum cognoscere causas, a line taken from Virgil's Georgics meaning "to know the causes of things", together with the school's mascot – a beaver. Both these symbols, adopted in February 1922, continue to be held in high regard to this day with the beaver chosen because of its representation as "a hard-working and industrious yet sociable animal", attributes that the founders hoped LSE students to both possess and aspire to.[128] The school's weekly newspaper is still entitled The Beaver, Rosebery residence hall's bar is called the Tipsy Beaver and LSE sports teams are known as the Beavers.[129] The institution has two sets of colours – brand and academic – red being the brand colour used on signage, publications and in buildings across campus and purple, black and gold for academic purposes including presentation ceremonies and graduation dress.

LSE's present 'red block' logo was modified as part of a rebrand in the early 2000s. As a trademarked brand, it is carefully protected but can be produced in various forms to reflect different requirements.[130] In its full form it contains the full name of the institution to the right of the block with a further small empty red square at the end, but it is adapted for each academic department or professional service division to provide a cohesive brand across the institution.

Academic profile

[edit]

Admissions

[edit]
UCAS Admission Statistics
2023 2022 2021 2020 2019
Applications[α][131] 26,240 26,625 25,845 22,115 21,255
Accepted[α][131] 1,815 2,150 1,715 2,245 1,705
Applications/Accepted Ratio[α] 14.5 12.4 15.1 9.9 12.5
Offer Rate (%)[β][132] 20.6 26.1 21.9 36.5 35.2
Average Entry Tariff[133] 195 193 177
  1. ^ a b c Main scheme applications, International and UK
  2. ^ UK domiciled applicants
HESA Student Body Composition (2022)
Domicile[134] and Ethnicity[135] Total
British White 16% 16
 
British Ethnic Minorities[a] 19% 19
 
International EU 15% 15
 
International Non-EU 50% 50
 
Undergraduate Widening Participation Indicators[136][137]
Female 53% 53
 
Private School 30% 30
 
Low Participation Areas[b] 7% 7
 
St Clement's Building

In 2024, The London School of Economics received 28,000 applications for roughly 1,850 undergraduate places or 15 applicants per place.[138] All undergraduate applications, including international applications, are made through UCAS.[138] LSE had the 8th highest average entry qualification for undergraduates of any UK university in 2021–22, with new students averaging 195 UCAS points, equivalent to just over AAAA in A-level grades.[133] The university gave offers of admission to roughly 12.2% of its undergraduate applicants in 2023, one of the lowest offer rates across the UK. Bsc Economics is the most competitive undergraduate course at the LSE with over 4000 applications for just over 200 places. LLB in Laws comes second with 2600 applications for just over 170 places.[139][140]

Prospective Postgraduate students applying to the LSE are required to have a first or upper second Class UK honours degree, or its foreign equivalent, for master's degrees, while direct entry to the MPhil/PhD programme requires a UK taught master's with merit, or foreign equivalent. Admission to the diploma requires a UK degree or equivalent plus relevant experience.[141] The intake to applications ratio for postgraduate degree programmes is very competitive; the MSc Financial Mathematics had a ratio of just over 4% in 2016.[142][143]

31.6% of LSE's undergraduates are privately educated, the 9th highest proportion amongst mainstream British universities.[144] In the 2016-17 academic year, the university had a domicile breakdown of 33:18:50 of UK:EU:non-EU students respectively with a female-to-male ratio of 52:47.[145]

Programmes and degrees

[edit]

As of 2024, the school offers over 40 undergraduate programmes,[146] over 140 taught master's programmes, and research master's and PhD programmes.[147] Subjects pioneered in Britain by LSE include accountancy and sociology, and the school also employed Britain's first full-time lecturer in economic history.[148] Courses are split across more than thirty research centres and nineteen departments, plus a Language Centre.[149] In partnership with the federal University of London, LSE oversees nine BSc programmes as the lead institution which designs the curriculum.[150] Students who chose to study online experience the same unique academic experience as on-campus, they are considered a part of LSE community and they have a variety of options to interact with their university, such as the LSE general course.[151]

John Watkins Plaza at the London School of Economics

Since programmes are all within the social sciences, they closely resemble each other, and undergraduate students usually take at least one course module in a subject outside of their degree for their first and second years of study, promoting a broader education in the social sciences.[152] At undergraduate level, some departments have as few as 90 students across the three years of study.[citation needed] Since September 2010,[citation needed] it has been compulsory for first year undergraduates to participate in LSE 100: Understanding the Causes of Things alongside normal studies.[153]

From 1902, following its absorption into the University of London, until 2007, all degrees were awarded by the federal university in common with all other colleges of the university. This system was changed in 2007 to enable some colleges to award their own degrees.[citation needed] LSE was granted the power to begin awarding its own degrees from July 2008.[7] All students entering from the 2007–08 academic year onwards received an LSE degree, while students who started before this date were issued University of London degrees.[154][155][156] In conjunction with NYU Stern and HEC Paris, LSE also offers the TRIUM Executive MBA. This was globally ranked third among executive MBAs by the Financial Times in 2016.[157]

Research

[edit]

According to the 2021 Research Excellence Framework, the London School of Economics was rated joint third (along with the University of Cambridge) in the UK for the quality (GPA) of its research.[158] In the 2014 Research Excellence Framework, LSE had the joint highest percentage of world-leading research among research submitted of any institution that entered more than one unit of assessment[159] and was ranked third by cumulative grade point average with a score of 3.35, beating both University of Oxford and University of Cambridge.[160] It was ranked 23rd in the country for research power by Research Fortnight based on its REF 2014 results, and 28th in research power by the Times Higher Education.[159][161] This followed the Research Assessment Exercise in 2008 where the school was placed second equal nationally on GPA, first for fraction of world-leading (4*) research and fourth for fraction of world-leading or internationally excellent (3* and 4*) research in LSE's analysis of the results,[162] fourth equal for GPA and 29th for research power in Times Higher Education's analysis,[159] and 27th in research power by Research Fortnight's analysis.[161]

According to analysis of the REF 2014 subject results by Times Higher Education, the school is the UK's leading research university in terms of GPA of research submitted in business and management; area studies; and communication, cultural and media studies, library and information management, and second in law; politics and international studies; economics and econometrics; and social work and social policy.[163]

Houghton Street is the centre of the LSE campus.

Research centres

[edit]

The school houses a number of centres including the Centre for the Analysis of Social Exclusion, the Centre for Climate Change Economics and Policy, the Centre for Macroeconomics, the Centre for Economic Performance, LSE Health and Social Care, the Financial Markets Group (founded by former Bank of England governor Sir Mervyn King), the Grantham Research Institute on Climate Change and the Environment (chaired by Lord Stern), LSE Cities, the UK Department for International Development funded International Growth Centre and one of the six the UK government-backed 'What Works Centres' – the What Works Centre for Local Economic Growth. The Greater London Group was an influential research centre within LSE from the late 1950s on, before being subsumed into the LSE London research group.[164] In February 2015, Angelina Jolie and William Hague launched the UK's first academic Centre on Women, Peace and Security, based at the school. The centre aims to contribute to global women's rights issues, including violence against women and women's engagement in politics, through academic research, a post-graduate teaching program, public engagement, and collaboration with international organisations.[165][166] Furthermore, in May 2016 it was announced that Jolie-Pitt and Hague would join Jane Connors and Madeleine Rees as visiting professors in practice from September 2016.[167]

LSE IDEAS

[edit]

LSE IDEAS is a foreign policy think tank at the London School of Economics and Political Science. IDEAS was founded as a think tank for Diplomacy and Strategy in February 2008.[168] It was founded by Professor Michael Cox and Professor Arne Westad. In 2015 it was jointly ranked as world's second-best university think tank for the third year running alongside the LSE Public Policy Group, after Harvard University's Belfer Center for Science and International Affairs.[169]

Partnerships

[edit]

LSE has academic partnerships in teaching and research with six universities – with Columbia University in New York City and University of California, Berkeley, in Asia with Peking University in Beijing and the National University of Singapore, in Africa with the University of Cape Town, and Europe with Sciences Po in Paris.[170]

Together they offer a range of double or joint degree programmes including an MA in International and World History (with Columbia) and an MSc in international affairs with Peking University, with graduates earning degrees from both institutions.[171] The school also offers joint degrees for specific departments with various other universities including Fudan University in Shanghai, USC in Los Angeles and a Global Studies programme which is offered with a consortium of four European universities – Leipzig, Vienna, Roskilde and Wroclaw. It offers the TRIUM Global Executive MBA programme[172] jointly with Stern School of Business of New York University and HEC School of Management, Paris. It is divided into six modules held in five international business locations over a 16-month period. LSE also offers a Dual Master of Public Administration (MPA) with Global Public Policy Network schools such as Sciences Po Paris,[173] the Hertie School of Governance and National University of Singapore, and a dual MPA-Master of Global Affairs (MGA) degree with the University of Toronto's Munk School of Global Affairs.[174]

The school also runs exchange programmes with a number of international business schools through the Global Master's in Management programme and an undergraduate student exchange programme with the University of California, Berkeley in Political Science. LSE is the only UK member school in the CEMS Alliance, and the LSE Global Master's in Management is the only programme in the UK to offer the CEMS Master's in International Management (CEMS MIM) as a double degree option, allowing students to study at one of 34 CEMS partner universities.[175][176] It also participates in Key Action 1 of the European Union-wide Erasmus+ programme, encouraging staff and student mobility for teaching, although not the other Key Actions in the programme.[177]

The school is a member of the Association of Commonwealth Universities, the European University Association,[178] the G5, the Global Alliance in Management Education, the Russell Group and Universities UK,[179] and is sometimes considered part of the 'Golden Triangle' of universities in south-east England, along with the University of Oxford, the University of Cambridge, University College London, Imperial College London, and King's College London.[180][181][182][183]

LSE's European Institute offers a Double Degree in European and International Public Policy and Politics with Bocconi University in Milan.[184]

Libraries and archives

[edit]
The interior of the main LSE library, designed by Norman Foster

LSE's main library, the British Library of Political and Economic Science, is located in the Lionel Robbins Building, which reopened in 2001 following a two-year renovation by Foster and Partners. Founded in 1896, it is the world's largest library dedicated to social sciences and the United Kingdom's national social sciences library.[185][186] Its collections are recognised for their national and international significance and hold 'Designation' status by the Museums, Libraries and Archives Council (MLA).[187] The library welcomes 1.8 million visits per year by students, staff, and the public and contains over 4 million print volumes, 60,000 online journals, and 29,000 electronic books.[188] The Digital Library contains digitised material from LSE Library collections and also born-digital material that has been collected and preserved in digital formats.[189]

The Women's Library, Britain's main library and archive on women and the women's movement, is located in a purpose-built facility with a reading room and exhibition space in the Lionel Robbins Building. The library relocated from London Metropolitan University in 2014.[190][191][192][193]

The Shaw Library, housed in the Founders' Room in the Old Building, contains the school's collection of fiction and general readings. It functions as a general-purpose reading and common room and hosts lunchtime music concerts, press launches, and the Fabian Window, which was unveiled by Prime Minister Tony Blair in 2006.[194][195]

Several subject-specific libraries exist at LSE, including the Seligman Library for Anthropology, the Himmelweit Library for Social Psychology, the Leverhulme Library for Statistics, the Robert McKenzie Library for Sociology, the Michael Wise Library for Geography, and the Gender Institute Library. Additionally, LSE staff and some students are permitted to access and borrow items from Senate House Library, the SOAS Library, and select institutions through the SCONUL Access scheme.[196][197][198]

LSE Summer School

[edit]

The original LSE Summer School was established in 1989 and has since expanded to offer over 70 three-week courses in accounting, finance, economics, English language, international relations, government, law and management each July and August.[199] It is advertised as the largest and one of the most well-established university Summer Schools of its kind in Europe.[200]

In recent years, the school has expanded its summer schools both abroad and into executive education with the LSE-PKU Summer School in Beijing (run with Peking University), the LSE-UCT July School in Cape Town (run with the University of Cape Town) and the Executive Summer School at its London campus. In 2011, it also launched a Methods Summer Programme. Together these courses welcome over 5,000 participants from over 130 countries and some of the top colleges and universities around the world, as well as professionals from several multinational institutions. Participants are housed in LSE halls of residence or their overseas equivalents, and the Summer School provides a full social programme including guest lectures and receptions.[201]

Public lectures

[edit]
Nelson Mandela arriving at LSE in 2000 to deliver a public lecture

Public lectures hosted by the LSE Events office, are open to students, alumni and the general public. As well as leading academics and commentators, speakers frequently include prominent national and international figures such as ambassadors, CEOs, Members of Parliament, and heads of state. A number of these are broadcast live around the world via the school's website.[202] LSE organises over 200 public events every year.[203]

Prominent speakers have included Kofi Annan, Ben Bernanke, Tony Blair, Gordon Brown, David Cameron, Noam Chomsky, Bill Clinton, Philip Craven, Niall Ferguson, Vicente Fox, Milton Friedman, Muammar Gaddafi, Julia Gillard, Alan Greenspan, Tenzin Gyatso, Lee Hsien Loong, Boris Johnson, David Harvey, Jean Tirole, Angelina Jolie, Paul Krugman, Dmitri Medvedev, Mario Monti, George Osborne, Robert Peston, Sebastián Piñera, Kevin Rudd, Jeffrey Sachs, Gerhard Schroeder, Carlos D. Mesa, Luiz Inácio Lula da Silva, Aung San Suu Kyi, Amartya Sen, George Soros and Rowan Williams. Previously, the school has hosted figures including Nelson Mandela and Margaret Thatcher.[204]

There are also a number of annual lecture series hosted by various departments. These include but are not limited to the Malinowski Memorial Lectures hosted by the department of anthropology, the Lionel Robbins Memorial Lectures and the Ralph Miliband programme.[205]

Publishing

[edit]

In 2018, the university launched LSE Press in partnership with Ubiquity Press. This is intended to publish open-access journals and books in the social sciences. The first journal to be published by the press was the Journal of Illicit Economies and Development, edited by John Collins, executive director of LSE's International Drug Policy Unit. The press is managed through the LSE Library.[206]

Rankings and reputation

[edit]
Rankings
National rankings
Complete (2025)[207]3
Guardian (2025)[208]4
Times / Sunday Times (2025)[209]1
Global rankings
ARWU (2024)[210]151–200
QS (2025)[211]50=
THE (2025)[212]50=
London School of Economic's national league table performance over the past ten years

LSE is ranked first in the UK in the Times/Sunday Times Good University Guide 2025, in addition to being awarded University of the Year. It was also named as runner-up for University of the Year for Graduate Employment.[213]

LSE is ranked third in the UK in the Complete University Guide 2025,[214] and fourth in the Guardian University Guide 2025.[208]

In 2024, the QS World University Rankings placed the LSE among the global top five universities in the subjects of Communication and Media Studies (2nd), Geography (2nd), Philosophy (2nd), Social Policy and Administration (3rd), Development Studies (3rd), History (4th), Sociology (4th) and Politics (5th). It further ranked among the global top ten in Finance, Management, Economics, and Law. Overall, it was ranked 56th internationally.

Ian Diamond, former chief executive of the Economic and Social Research Council and later vice-chancellor of the University of Aberdeen, a member of the THE editorial board, wrote to Times Higher Education in 2007, saying: "The use of a citation database must have an impact because such databases do not have as wide a cover of the social sciences (or arts and humanities) as the natural sciences. Hence the low position of the London School of Economics, caused primarily by its citations score, is a result not of the output of an outstanding institution but the database and the fact that the LSE does not have the counterweight of a large natural science base."[215]

The 2024 Times Higher Education World University Rankings place LSE 8th for social sciences in the world, 11th for business and economics, 14th for law and 35th for arts and humanities, ranking the university 46th globally.[216] The Academic Ranking of World Universities ("Shanghai Ranking") for 2023 ranked LSE 7th in Political Science, 8th in Economics and 8th in Finance, placing it in the 151–200 range.[217]

According to data released by the Department for Education in 2018, LSE was rated as the best university for boosting graduate earnings, with male graduates seeing a 47.2% increase in earnings and female graduates seeing a 38.2% increase in earnings compared to the average graduate.[218]

According to Wealth-X and UBS's "Billionaire Census" in 2014, LSE ranked 10th in the list of 20 schools that have produced the most billionaire alumni.[219] The LSE was the only UK university to make the list.

In the 2020 National Student Survey LSE came 64th out of 154 for overall student satisfaction.[220] The LSE had scored well below its benchmark on this measure in previous years, coming 145th out of 148 in 2017.[221][222] The increase in student satisfaction in 2020 led to a climb of 14 places to fifth in the 2021 Guardian ranking.[223]

Student life

[edit]
LSE students revising their work and preparing for future exams in Lincoln's Inn Fields

Student body

[edit]

In the 2015–16 academic year there were 10,833 full-time students and around 700 part-time students at the university. Of these, approximately 7,500 came from outside the United Kingdom (approximately 70% of the total student body), making LSE a highly international school with over 160 countries represented.[224] LSE had more countries represented by students than the UN.[225] 32% of LSE's students come from Asia, 10% from North America, 2% each from South America and Africa. Combined over 100 languages are spoken at LSE.[226] Over half of LSE's students are postgraduates,[227] and there is approximately an equal split between genders with 51% male and 49% female students.[227] Alumni total over 160,000, covering over 190 countries with more than 80 active alumni groups.[9]

Students' Union

[edit]
The logo of LSE Students' Union

The LSE Students' Union (LSESU) is affiliated to the National Union of Students and is responsible for campaigning and lobbying the school on behalf of students as well providing student support and the organisation and undertaking of entertainment events and student societies. It is often regarded as the most politically active in Britain – a reputation it has held since the well documented LSE student riots in 1966–67 and 1968–69,[228][229] which made international headlines. In 2015, the school was awarded the top spot for student nightlife by The Guardian newspaper[230] due in part to its central location and provision of over 200 societies, 40 sports clubs, a Raising and Giving (RAG) branch and a thriving media group. In 2013, the union moved into a purpose-built new building – the Saw Swee Hock Student Centre on the Aldwych campus.[231]

A weekly student newspaper The Beaver, is published each Tuesday during term time and is amongst the oldest student newspapers in the country. It sits alongside a radio station, Pulse! which has existed since 1999 and a television station LooSE Television since 2005. The Clare Market Review one of Britain's oldest student publications was revived in 2008.[232] Over £150,000 is raised for charity each year through the RAG (Raising and Giving), the fundraising arm of the Students' Union,[233] which was started in 1980 by then Student Union Entertainments Officer and former New Zealand MP Tim Barnett.[234]

Sporting activity is coordinated by the LSE Athletics Union, which is a constituent of British Universities & Colleges Sport (BUCS).[232]

Student housing

[edit]
Northumberland House

LSE owns or operates 10 halls of residence in and around central London and there are also two halls owned by urbanest and five intercollegiate halls (shared with other constituent colleges of the University of London) within a 3-mile radius of the school, for a total of over 4,000 places.[235] Most residences take both undergraduates and postgraduates, although Carr-Saunders Hall and Passfield Hall are undergraduate only, and Butler's Wharf Residence, Grosvenor House and Lillian Knowles House are reserved for postgraduates. Sidney Webb House, managed by Unite Students, takes postgraduates and continuing students.[236] There are also flats available on Anson and Carleton roads, which are reserved for students with children.[237]

The school guarantees accommodation for all first-year undergraduate students and many of the school's larger postgraduate population are also catered for, with some specific residences available for postgraduate living.[238] Whilst none of the residences are located at the Aldwych campus, the closest, Grosvenor House is within a five-minute walk from the school in Covent Garden, whilst the farthest residences (Nutford and Butler's Wharf) are approximately forty-five minutes by Tube or Bus.

Each residence accommodates a mixture of students both home and international, male and female, and, usually, undergraduate and postgraduate. New undergraduate students (including General Course students) occupy approximately 55% of all spaces, with postgraduates taking approximately 40% and continuing students about 5% of places.[238]

The largest LSE student residence, Bankside House, a refurbished early 1950s office block and former headquarters of the Central Electricity Generating Board,[239] opened to students in 1996 and is fully catered, accommodating 617 students across eight floors overlooking the River Thames. It is located behind the Tate Modern art gallery on the south bank of the river.[240][241] The second-largest residence, the High Holborn Residence in High Holborn, was opened in 1995 and is approximately 10 minutes walk from the main campus. It is self-catering, accommodating 447 students in flats of four our five bedrooms with shared facilities.[242]

Notable people

[edit]

The LSE has a long list of notable alumni and staff, spanning the fields of all scholarship provided by the school.[243] The school has over 50 fellows of the British Academy on its staff, while other notable former staff members include Brian Barry, Christopher Greenwood, Maurice Cranston, Anthony Giddens, Harold Laski, Ralph Miliband, Michael Oakeshott, A. W. Philips, Karl Popper, Lionel Robbins, Susan Strange, Bob Ward and Charles Webster. Mervyn King, the former Governor of the Bank of England, is also a former professor of economics.

In the political arena notable alumni and staff include 53 past or present heads of state, 20 members of the current British House of Commons and 46 members of the current House of Lords. Former British Prime Minister Clement Attlee taught at the school from 1912 to 1923. In recent British politics, former LSE students include Virginia Bottomley, Yvette Cooper, Edwina Currie, Frank Dobson, Margaret Hodge, Robert Kilroy-Silk, former UK Labour Party leader Ed Miliband and former UK Liberal Democrats leader Jo Swinson. Internationally, the current and first female president of the European Commission Ursula von der Leyen, Brazilian defence minister Celso Amorim, Costa Rican President Óscar Arias, former Japanese Prime Minister Taro Aso, Queen Margrethe II of Denmark, President of India K. R. Narayanan, President of the Republic of China (Taiwan) Tsai Ing-wen, Italian prime minister and president of the European Commission, Romano Prodi, French Foreign Minister and president of the Constitutional Council Roland Dumas[244] as well as Singapore's President Tharman Shanmugaratnam all studied at LSE. A notable number of LSE students have also played a role in the Barack Obama administration, including Pete Rouse, Peter R. Orszag, Mona Sutphen, Paul Volcker and Jason Furman.[245] Physician Vanessa Kerry and American journalist Susan Rasky are also alumnae of the LSE. Notable American Monica Lewinsky pursued her MSc in Social Psychology at the LSE.Current leader of the opposition of the Sri Lankan government Sajith Premadasa also studied there.

Business people who studied at LSE include the CEO of AirAsia Tony Fernandes, former CEO of General Motors Daniel Akerson, director of Louis Vuitton Delphine Arnault, founder of easyJet Stelios Haji-Ioannou, CEO of Abercrombie & Fitch Michael S. Jeffries, Greek business magnate Spiros Latsis, American banker David Rockefeller, CEO of Newsmax Media Christopher Ruddy, founder of advertising agency Saatchi and Saatchi Maurice Saatchi, hedge fund managers George Soros and Michael Platt and Andreas Utermann, former CEO of Allianz Global Investors.

The LSE has also produced many notable lawyers and judges, including Manfred Lachs (former President of the International Court of Justice), Dorab Patel (former Justice of the Supreme Court of Pakistan), Mónica Feria Tinta (British-Peruvian barrister specialising in international law), Anthony Kennedy (former Justice of the Supreme Court of the United States), chief architect of the Indian Constitution and jurist B. R. Ambedkar.

A survey by employment specialists Emolument.com found that it on average took LSE graduates 11.6 years in the workforce to begin earning base salaries in excess of £500,000; the shortest timespan of any university in the United Kingdom.[246]

Convicted British terrorist, Omar Saeed Sheikh, studied statistics at LSE, but did not graduate. He served five years in an Indian prison for kidnapping British tourists in 1994. In 2002, he was arrested and convicted in the kidnapping and murder of Daniel Pearl. The Guardian reported that Sheikh came into contact with radical Islamists at the LSE.[247]

Faculty and Nobel laureates

[edit]

As of 2024, 20 Nobel Prize laureates in economics, peace and literature are recognised by the school as being LSE alumni and staff.[243]

LSE in literature and other media

[edit]

The London School of Economics has been mentioned and formed the basis of setting for numerous works of fiction and in popular culture. The first notable mention of the LSE was in literature was in the epilogue to Bernard Shaw's 1912 play Pygmalion, Eliza Doolittle is sent to the LSE.[248]

In around a dozen other novels, the LSE was mentioned as short-hand for a character being witty and clever but outside the establishment. This is best exhibited by Ian Fleming's CV of James Bond that included the detail that his father, Andrew, is an LSE graduate.[249] These occurrences have continued into contemporary fiction: Lenny is the young 'hip' LSE graduate and criminologist in Jake Arnott's tour of the London underworld in The Long Firm. Robert Harris' Enigma includes Baxter, a code breaker with leftist views, who has been an LSE lecturer before the war and My Revolutions by Hari Kunzru traces the career of Chris Carver aka Michael Frame who travels from LSE student radical to terrorist and on to middle England.[249]

LSE alumna Hilary Mantel, in The Experience of Love, never mentions LSE by name but Houghton Street, the corridors of the LSE Old Building and Wright's Bar are immediately recognisable references to the campus of the school. A. S. Byatt's The Children's Book returns to LSE's Fabian roots with a plot inspired in part by the life of children's writer E. Nesbitt and Fabian Hubert Bland, and characters that choose LSE over older educational establishments (namely Oxford and Cambridge).

On the small screen, the popular 1980s British sitcom Yes Minister and Yes Prime Minister make regular references to the LSE with Minister Jim Hacker (later Prime Minister) and Sir Mark Spencer (special advisor to the Prime Minister) regularly being subtly ridiculed for having attended the LSE.[250] A fictional LSE graduate also appears in season three episode six of the US series, Mad Men.[250] The popular American series The West Wing following the Democratic administration of Josiah (Jed) Bartlet makes several references to Josiah Bartlet being an alumnus of the LSE.[250] Other fictional LSE alumni are present in Spooks, at least one episode of The Professionals and The Blacklist series.

In movies and motion pictures, in the 2014 action spy thriller Shadow Recruit, the young Jack Ryan, based on a Tom Clancy character, proves his academic credentials by walking out of the Old Building as he graduates from the LSE before injuring his spine being shot down in Afghanistan.[250] The LSE is acknowledged in The Social Network naming the institution along with Oxford and Cambridge universities in a reference to the rapid growth Facebook enjoyed both within and outside the United States in its early years.

See also

[edit]

Notes

[edit]
  1. ^ Includes those who indicate that they identify as Asian, Black, Mixed Heritage, Arab or any other ethnicity except White.
  2. ^ Calculated from the Polar4 measure, using Quintile1, in England and Wales. Calculated from the Scottish Index of Multiple Deprivation (SIMD) measure, using SIMD20, in Scotland.

References

[edit]
  1. ^ a b c d e f g "Financial Statements for the Year to 31 July 2024" (PDF). London School of Economics. p. 56. Retrieved 12 December 2024.
  2. ^ "Council". London School of Economics. Archived from the original on 2 August 2022. Retrieved 2 August 2022.
  3. ^ a b "Who's working in HE?". www.hesa.ac.uk. Higher Education Statistics Agency.
  4. ^ a b c "Where do HE students study? | HESA". hesa.ac.uk. Higher Education Statistics Agency.
  5. ^ "Woolen Scarf with Crest Embroidery". LSE Students' Union. Archived from the original on 16 January 2017. Retrieved 15 January 2017.
  6. ^ "Beginnings : LSE : The Founders" (PDF). London School of Economics. Archived from the original (PDF) on 12 December 2014. Retrieved 18 January 2016.
  7. ^ a b "Academic dress". The London School of Economics and Political Science. Archived from the original on 21 May 2021. Retrieved 21 May 2021. Since the granting of its own degree awarding powers in July 2008, students have worn LSE-specific gowns
  8. ^ Susan Liautaud. "Chair's Blog: Summer Term 2022". Archived from the original on 25 January 2023. Retrieved 12 December 2022.
  9. ^ a b c "About LSE – Key facts". London School of Economics. Archived from the original on 30 November 2016. Retrieved 12 October 2018.
  10. ^ "LSE becomes the eighth full member of CIVICA – The European University of Social Sciences" (Press release). CIVICA. 7 July 2020. Archived from the original on 22 October 2020. Retrieved 8 July 2020.
  11. ^ "UK university rankings 2025". The Times. Retrieved 20 September 2024.
  12. ^ Simon Baker; Jack Grove. "REF 2021: Golden triangle looks set to lose funding share". Times Higher Education. Archived from the original on 30 January 2023. Retrieved 30 January 2023.
  13. ^ Science, London School of Economics and Political. "LSE people". London School of Economics and Political Science. Retrieved 19 November 2024.
  14. ^ "LSE People: Nobel Prize Winners". London School of Economics and Political Science. Archived from the original on 23 May 2021. Retrieved 21 May 2021.
  15. ^ "All Prizes in Economic Sciences". Nobelprize.org. Nobel Media. Archived from the original on 10 August 2018. Retrieved 15 January 2017.
  16. ^ a b c d e f g "Our history". London School of Economics. Archived from the original on 17 May 2021. Retrieved 21 May 2021.
  17. ^ "Meet our founders". London School of Economics and Political Science. London School of Economics. Archived from the original on 25 May 2021. Retrieved 25 May 2021.
  18. ^ a b c "London School of Economics and Political Science". London School of Economics and Political Science. Archived from the original on 5 August 2009. Retrieved 25 May 2021.
  19. ^ C. C. Heyde; Eugene Seneta (2001). Statisticians of the Centuries. Springer. p. 279. ISBN 9780387952833. Archived from the original on 10 July 2023. Retrieved 23 July 2009.
  20. ^ Mark K. Smith (30 August 2000). "The London School of Economics and informal education". Archived from the original on 15 October 2009. Retrieved 23 July 2009.
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Further reading

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