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London School of Economics
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{{short description|Public research university in Westminster, central London, England}}{{EngvarB|date=August 2017}}{{Use dmy dates|date=October 2018}}







factoids
(2017–2018)}}Shirley Pearce>Dame Shirley PearceAnne, Princess Royal>The Princess Royal {{small|(as Chancellor of the University of London)}}Minouche Shafik>Dame Nemat Shafik| head_label = VisitorMel Stride {{small>(ex officio as Lord President of the Council)}}INSTID=0137}} ({{HESA year}}){{HESA citation}}INSTID=0137}} ({{HESA year}})INSTID=0137}} ({{HESA year}})| city = London| country = United Kingdom5150000display=inline,title|type:edu}}Urban area>Urban| free_label = Newspaper| free = The Beaver| free_label2 = Printing housePUBLISHER=LSE PRESS, 20 May 2018, PUBLISHER=LSE STUDENTS' UNION {{cell2#000}}{{cell#000}}{{cell2#000}}{{cell#000}}{{cell2|#800080}}}}| mascot = Beaverweblink|University website}}250px)PUBLISHER=HIGHER EDUCATION STATISTICS AGENCY, 16 March 2017, Association of Commonwealth Universities>ACUCommunity of European Management Schools and International CompaniesEuropean University Association>EUAG5 (universities)Russell GroupUniversity of LondonUniversities UKGolden triangle (universities)>Golden Triangle}}The London School of Economics (officially The London School of Economics and Political Science, often referred to as LSE) is a public research university located in London, England, and a member institution of the federal University of London. Founded in 1895 by Fabian Society members Sidney Webb, Beatrice Webb, Graham Wallas, and George Bernard Shaw for the betterment of society, LSE joined the University of London in 1900 and established its first degree courses under the auspices of the University in 1901.WEB,weblink" title="web.archive.org/web/20141212153905weblink">weblink 12 December 2014format=PDF website=Lse.ac.uk PUBLISHER=LSEQUOTE=SINCE THE GRANTING OF ITS OWN DEGREE AWARDING POWERS IN JULY 2008, STUDENTS HAVE WORN LSE-SPECIFIC GOWNS, prior to which it awarded degrees of the University of London.LSE is located in Westminster, central London, near the boundary between Covent Garden and Holborn. The area is historically known as Clare Market. The LSE has more than 11,000 students and 3,300 staff, just under half of whom come from outside the UK.WEB,weblink About LSE – Key facts, London School of Economics, 12 October 2018, It had an income of £354.3 million in 2017/18, of which £31.6 million was from research grants.WEB,weblink Financial Statements for the Year to 31 July 2018, 12 December 2018, PDF, London School of Economics, 30, One hundred and fifty-five nationalities are represented amongst LSE's student body and the school has the second highest percentage of international students (70%) of all world universities.NEWS,weblink World-ranked universities with the most international students, 30 September 2015, Times Higher Education, Despite its name, the school is organised into 25 academic departments and institutes which conduct teaching and research across a range of legal studies and social sciences. LSE is a member of the Russell Group, Association of Commonwealth Universities, European University Association and is sometimes considered a part of the "Golden Triangle" of universities in south-east England. For the subject area of social science, LSE places second in the world in the QS Rankings,WEB,weblink LSE ranked top university in Europe for social sciences, Finchannel.com, 27 October 2018, tenth in THE Rankings, and eighth in the Academic Ranking of World Universities.NEWS,weblink Social Sciences and Management, QS World University Rankings, 11 August 2018, NEWS,weblink World University Rankings 2018 by subject: social sciences, Times Higher Education (THE), 11 August 2018, en, WEB,weblink Academic Ranking of World Universities in Social Science - 2016, Academic Ranking of World Universities, ShanghaiRanking Consultancy, 11 August 2018, LSE is ranked among the top twenty universities nationally by all three UK tables, while internationally LSE is ranked in the top 50 by two of the three major global rankings.NEWS,weblink QS World University Rankings 2016, 25 August 2016, Top Universities, 8 March 2017, NEWS,weblink World University Rankings, 17 August 2016, Times Higher Education (THE), 8 March 2017, en, WEB,weblink Academic Ranking of World Universities 2016, ShanghaiRanking Consultancy, 15 January 2017, In the 2014 Research Excellence Framework, the School had the highest proportion of world-leading research among research submitted of any British non-specialist university.WEB,weblink London overtaking Oxbridge domination, BBC News, LSE has produced many notable alumni in the fields of law, history, economics, philosophy, psychology, business, literature, media and politics. Alumni and staff include 55 past or present heads of state or government and 18 Nobel laureates. As of 2017, 26% (or 13 out of 49) of all the Nobel Prizes in Economics have been awarded or jointly awarded to LSE alumni, current staff or former staff, making up 16% (13 out of 79) of all laureates. LSE alumni and staff have also won 3 Nobel Peace Prizes and 2 Nobel Prizes in Literature.WEB,weblink Nobel Prize Winners, London School of Economics, London School of Economics, 15 January 2017, WEB,weblink All Prizes in Economic Sciences, Nobel Media, Nobelprize.org, 15 January 2017, Out of all European universities, LSE has educated the most billionaires according to a 2014 global census of U.S dollar billionaires.NEWS,weblink Where do billionaires go to university?, 29 October 2014, bbc.com/news,

History

File:Beatrice and Sidney Webb, c1895 (9259293969).jpg|thumb|right|Beatrice and Sidney WebbSidney Webb

Origins

The London School of Economics was founded in 1895WEB, LSE history,weblink London School of Economics, 23 July 2009, by Beatrice and Sidney Webb,WEB, Beatrice and Sidney Webb,weblink London School of Economics, 2000, 23 July 2009, initially funded by a bequest of £20,000WEB, London School of Economics,weblink BOOK, C. C. Heyde, Eugene Seneta, Statisticians of the Centuries,weblink Statisticians of the Centuries, Springer, 2001, 279, 23 July 2009, 9780387952833, from the estate of Henry Hunt Hutchinson. Hutchinson, a lawyer and member of the Fabian Society,WEB, Mark K. Smith, The London School of Economics and informal education,weblink 30 August 2000, 23 July 2009, yes,weblink" title="web.archive.org/web/20091015065721weblink">weblink 15 October 2009, WEB, London School of Economics and Political Science Archives catalogue,weblink London School of Economics, 2008, 23 July 2009, yes,weblink" title="web.archive.org/web/20070611143150weblink">weblink'passfield')&dsqPos=0, 11 June 2007, dmy-all, left the money in trust, to be put "towards advancing its [The Fabian Society's] objects in any way they [the trustees] deem advisable". The five trustees were Sidney Webb, Edward Pease, Constance Hutchinson, William de Mattos and William Clark.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. The proposal was accepted by the trustees in February 1895 and LSE held its first classes in October of that year, in rooms at 9 John Street, Adelphi,WEB, LSE 1895,weblink" title="web.archive.org/web/20090805043238weblink">weblinkurl =weblinkyear = 2000, 23 July 2009, in the City of Westminster.

20th century

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. 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; the building was opened in 1922.File:Friedrich Hayek portrait.jpg|thumb|right|Friedrich HayekFriedrich HayekThe 1930s economic debate between LSE and 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).Dahrendorf (1995), p.210-213The dispute also concerned the question of the economist's role, and whether this should be as a detached expert or a practical adviser.Gerard Loot, cited in Dahrendorf (1995), P.212 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.JOURNAL,weblink The London and Cambridge Economic Service: history and contributions, Robert A. Cord, 10.1093/cje/bew020, Cambridge Journal of Economics, 2016, 41, 1, 307–326, 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.WEB,weblink Debate with Cambridge, LSE timeline 1895–1995, 17 January 2017, 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.During World War II, the School decamped from London to the University of Cambridge, occupying buildings belonging to Peterhouse.WEB,weblink Peterhouse Images, Peterhouse, Cambridge, 23 July 2009,weblink" title="web.archive.org/web/20080529001601weblink">weblink 29 May 2008, yes, The School's arms,WEB, Arnold, Plant, Arnold Plant, File:"Coat of arms of the London School of Economics and Political Science",weblinkweblink" title="web.archive.org/web/20100531073327weblink">weblink yes, 31 May 2010, Institute of Education, 23 July 2009, including its motto and beaver mascot, were adopted in February 1922,WEB, London School of Economics,weblink Beginnings: The History of Higher Education in Bloomsbury and Westminster, Institute of Education, 23 July 2009, yes,weblink" title="web.archive.org/web/20090926011322weblink">weblink 26 September 2009, on the recommendation of a committee of twelve, including eight students, which was established to research the matter.WEB,weblink" title="web.archive.org/web/20090908033808weblink">weblink 8 September 2009, London School of Economics Online Community – Member Services,weblink London School of Economics, 23 July 2009, The Latin motto, "Rerum cognoscere causas", is taken from Virgil's Georgics. Its English translation is "to Know the Causes of Things" and it was suggested by Professor Edwin Cannan. The beaver mascot was selected for its associations with "foresight, constructiveness and industrious behaviour".

21st century

(File:lse initials.jpg|thumb|upright=0.7|Stonework featuring the initials of LSE)LSE continues to have a wide impact within British society, through its relationships and influence in politics, business and law. 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 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.NEWS,weblink A Time Honoured Tradition a, The Guardian, London, 27 June 2005, 4 April 2010, 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.NEWS,weblink The brain trade, The Economist, 5 July 2001, 18 January 2016, As of 2006, the School was active in opposing British government proposals to introduce compulsory ID cards,NEWS,weblink Politics "Ministers press on with ID cards", 17 January 2006, 6 January 2010, NEWS,weblink "LSE ID Card Report", PDF, The Guardian, London, 4 April 2010, researching into the associated costs of the scheme, and shifting public and government opinion on the issue.NEWS,weblink Government staves off ID rebels, BBC News, 14 February 2006, 6 January 2010, The institution is also popular with politicians and 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.NEWS,weblink Clegg steps up, Matthew, d'Ancona, The Spectator, 12 January 2008, 10 August 2013, WEB,weblink "Clegg calls for radical grassroots innovation in public services" at the Liberal Democrat website,

2010 to present

File:Nemat Shafik Portrait.jpg|thumb|upright=0.7|Nemat ShafikNemat ShafikIn the early 2010s, its academics have been at the forefront of both national and international government consultations, reviews and policy, including representation on the UK Airports Commission,WEB, UK Airports Commission,weblink UK Government, 9 December 2013, Independent Police Commission,WEB,weblink Policing for a better Britain, London School of Economics, 9 December 2013, Migration Advisory Committee,WEB, Professor David Metcalf,weblink London School of Economics, 9 December 2013, UN Advisory Board on Water and Sanitation,WEB, Professor Judith Rees,weblink London School of Economics, 9 December 2013, London Finance Commission,WEB, LSE Professor calls for London to have a greater say over its taxes,weblink London School of Economics, 9 December 2013, HS2 Limited,WEB, HS2 report overstated benefits by six to eight times, experts say,weblink The Guardian, 9 December 2013, the UK government's Infrastructure CommissionWEB,weblink LSE recommendations behind UK government's new Infrastructure Commission, Lse.ac.uk, 5 October 2015, 18 January 2016, and advising on Architecture and Urbanism for the London 2012 OlympicsWEB, Professor Ricky Burdett – Commissioner A,weblink 9 December 2013, Craig Calhoun took up the post of Director in September 2012. Its previous Director, Judith Rees, is also chair of the school's Grantham Institute on Climate Change, an adviser to the World Bank as well as sitting on the UN Secretary General's Advisory Board on Water and Sanitation and the International Scientific Advisory Council (ISAC).NEWS,weblink Judith Rees – Research Experts, 2 May 2011, 2 May 2011, She is also a former Convenor of the Department of Geography and Environment and served as Deputy Director from 1998–2004.In February 2016, Calhoun announced his intention to step down at the end of the academic year, in order to become president of the Berggruen Institute.Thompson, Jennifer. "LSE president to leave post early for US", Financial Times, 3 February 2016. In September 2016, Bank of England Deputy Governor Dame Nemat Shafik was announced to replace Professor Julia Black as the School's director. Shafik began to lead the LSE in September 2017.Bray, Chad. "Deputy Governor of Bank of England to Lead London School of Economics", New York Times, 12 September 2016.

Controversies

{{See also|London School of Economics Gaddafi links}}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.NEWS, LSE embroiled in row over authorship of Gaddafi's son's PhD thesis and a £1.5m gift to university's coffers,weblink London, The Independent, Jonathan, Owen, 27 February 2011, In March 2011, LSE director Howard Davies resigned over allegations about the institution's links to the Libyan regime.NEWS,weblink LSE head quits over Gaddafi scandal, The Guardian, UK, Jeevan, Vasagar, Rajeev, Syal, 4 March 2011, 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.In 2013, the LSE was caught in a furore over a BBC Panorama documentary on North Korea, filmed inside the repressive regime by undercover journalists attached to a trip by the LSE's Grimshaw Society, a student society of the international relations department. The trip had been sanctioned by high-level North Korean officials.WEB,weblink BBC Panorama news documentary sent undercover reporter to North Korea with students, News.com.au, 15 April 2013, 18 January 2016, NEWS, Tara Conlan,weblink BBC to apologise to LSE over John Sweeney's North Korea documentary, The Guardian, 18 January 2016, The trip caused international media attention, as a BBC journalist was posing as a part of LSE.NEWS, Josh Halliday,weblink Students say LSE has placed them at 'more risk' from North Korea, The Guardian, 18 January 2016, There was debate as to where this put the student's lives in jeopardy in the repressive regime if a reporter had been exposed.NEWS,weblink North Korea sends threats to LSE students, Times of India, 18 January 2016, The North Korea government made hostile threats towards the students and LSE, after the publicity, which forced an apology from the BBC.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.WEB,weblink London School of Economics was paid £40,000 for glowing report on Kids Company, Times Higher Education, 12 August 2015, 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 and claims made by the report have since been discredited.WEB,weblink How Kids Company paid £40,000 for a good report: Charity paid London School of Economics for document to use as evidence it was being run properly, Daily Mail, 13 August 2015, {{Better source|reason=Tabloid newspapers are not ideal sources.|date=January 2019}}In the summer of 2017, dozens of LSE cleaners contracted via Noonan Services went on weekly strikes across the campus, causing significant disruption during end of year examinations.WEB,weblink Justice for the LSE Cleaners!, 2016-11-14, Engenderings, en-US, 2019-02-27, The dispute organised by the UVW union was originally over unwarranted dismissals of cleaners, but had escalated into a broad demand for decent employment rights matching those of LSE's in-house employees.NEWS,weblink 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}} Owen Jones did not cross the picket line after arriving for a debate on grammar schools with Peter Hitchens.WEB,weblink Left-wing columnist Owen Jones snubs LSE debate in solidarity with striking cleaners, 2017-05-18, International Business Times UK, en, 2019-02-27, It was announced in June 2017 that all outsourced workers at the LSE would be offered in-house contracts.WEB,weblink Rebellion at the LSE: a cleaning sector inquiry, Notes From Below, en, 2019-02-27,

The World Turned Upside Down

{{See also|The World Turned Upside Down (sculpture)}}(File:The World Turned Upside Down (sculpture by Mark Wallinger).jpg|thumb|The World Turned Upside Down. The island of Taiwan is coloured differently from mainland 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. It attracted protests from Chinese students, primarily because it featured Taiwan as a different colour than China (as is the norm for maps printed outside of China, maps produced within China are subject to censorshipWEB, Chung, Lawrence, Taipei complains about London university’s decision to alter artwork and portray Taiwan as part of China,weblink scmp.com, South China Morning Post, 5 April 2019, WEB, O'Connor, Tom, CHINA DESTROYS 30,000 WORLD MAPS SHOWING 'PROBLEMATIC' BORDERS OF TAIWAN AND INDIA,weblink newsweek.com, Newsweek, 5 April 2019, ) as well as Lhasa being denoted as a full capital and featuring internationally recognized boundaries between India and China rather than the lines preferred by the Chinese Government. After meeting with both Chinese and Taiwanese students the school made the decision to alter the work of art over the objections of the Taiwanese students.WEB, Everington, Keoni, LSE forced to change color of Taiwan on artwork after Chinese students cry foul,weblink taiwannews.com, Taiwan News, 5 April 2019, The controversy was especially newsworthy because the President of Taiwan Tsai Ing-wen is an Alum who holds a PhD in Law from LSE and the school publicly congratulated her on her election noting that "Taiwan’s citizens elected Dr Tsai Ing-wen, an LSE-educated (PhD in Law, 1984) scholar, to the Presidency on 16 January 2016. LSE is proud of the outstanding achievement of its alumna. She is the first female political leader to achieve high office in the modern Chinese-speaking world, and she is the 37th LSE alumna/alumnus to serve as either the President or Prime Minister of a nation."WEB, Congratulations on LSE Alumna Dr Tsai Ing-wen as the President-elected of Republic of China/Taiwan,weblink lse.ac.uk, London School of Economics and Political Science, 5 April 2019,

Campus and estate

(File:LSE main entrance.jpg|thumb|LSE's Old Building|left)Since 1902, LSE has been based at Clare Market and Houghton Street 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.File:The Land Registry Offices, Lincoln Inn Fields.jpg|thumb|32 Lincoln's Inn Fields houses the Department of Economics and the International Growth CentreInternational Growth CentreIn 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 the Aldwych. Alongside teaching and academic space, the institution also owns 11 student halls of residence across London, two public houses, a West End theatre (the Peacock), early years centre, NHS medical centre and extensive sports ground in Berrylands, south London. The School's campus is noted for its numerous public art installations which include Richard Wilson's Square the Block,WEB,weblink LSE unveils new Richard Wilson sculpture, Square the Block, 8 December 2013, London School of Economics, Michael Brown's Blue Rain,WEB,weblink Blue Rain at LSE, 8 December 2013, London School of Economics, Christopher Le Brun's Desert Window.WEB,weblink Faith Centre – Desert Window, 17 October 2015, London School of Economics, Since the early 2000s, the entire 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 was begun with the £35 million renovation of the Lionel Robbins Building by Sir Norman Foster to house the British Library of Political and Economic Science (BLPES), the world's largest social science and political library and the second largest single entity library in Britain, after the British Library at King's Cross.WEB,weblink Visitors' Library Guide, London School of Economics, 12 May 2010, 23 October 2011, (File:NABuilding.JPG|thumb|right|The New Academic Building houses the Departments of Management and Law)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 {{convert|120000|sqft|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.WEB,weblink New Academic Building, 24 August 2012, London School of Economics, 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 HRH The Princess Royal as the new home for the Department of Economics, International Growth Centre and its associated economic research centres.

Saw Swee Hock Student Centre

The first new building on the site for more than 40 years, the Saw Swee Hock Student Centre, opened in January 2014 following an architectural design competition managed by RIBA Competitions. The building provides new 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.WEB,weblink Saw Swee Hock Student Centre, 11 March 2014, London School of Economics, The building, designed as a showpiece for the City of Westminster and Midtown was recognised as having a low environmental impact receiving an 'Outstanding' status under BREEAM, and in 2012 was one of three winners of the New London Award in the Education category.WEB,weblink New Students' Centre awarded 'Outstanding' BREEAM rating, 24 August 2012, London School of Economics, WEB,weblink New London Awards 2012 Winners revealed – 11/7/2012, 24 August 2012, NLA, yes,weblink" title="web.archive.org/web/20120831011341weblink">weblink 31 August 2012, In May 2014 the Saw Swee Hock Student Centre won the RIBA London Building of the Year Award.WEB,weblink RIBA London Awards 2014, 9 May 2014, RIBA, yes,weblink" title="web.archive.org/web/20140512215706weblink">weblink 12 May 2014, File:OldCuriosityShop.JPG|thumb|The 16th century Old Curiosity ShopOld Curiosity Shop

Expansion

(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 Buildings redevelopment and the demolition of 44 Lincoln's Inn Fields)It is currently embarking on redevelopment and expansion with the development of a £120 million new facility designed by Rogers Stirk Harbour & Partners following the completion of a global design competition managed by RIBA Competitions. Once complete in 2018 the new development - the Global Centre for the Social Sciences- will house the Departments of Government, International Relations and the European Institute and feature a new square at the centre of the campus.WEB,weblink Rogers Stirk Harbour + Partners selected to design LSE's New Global Centre for the Social Sciences, 8 December 2013, London School of Economics, In September 2013, LSE purchased the freehold of 44 Lincoln's Inn Fields, previously the home of the Francis Crick Institute's laboratories until 2016.WEB,weblink New acquisition on Lincoln's Inn Fields, 8 December 2013, London School of Economics, The building will be demolished in 2017 to make way for the new Paul Marshall Building which will house academic departments (Management, Accounting and Finance), sports facilities and the new Marshall Institute for Philanthropy and Social Entrepreneurship.WEB,weblink LSE announces The Marshall Institute for Philanthropy and Social Entrepreneurship, lse.ac.uk, en-gb, 22 January 2018, 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.WEB,weblink 5 Lincoln's Inn Fields faculty accommodation, info.lse.ac.uk, en-gb, 22 January 2018, On 15 November 2017, LSE announced that it has achieved contract completion on the purchase to acquire the Nuffield Building, which is adjacent to the Lincoln's Inn Fields, from the Royal College of Surgeons. According to the contract the building will be transferred to LSE after renovations in 2020.NEWS,weblink LSE and Royal College of Surgeons announce completion of purchase of Nuffield Building, Science, London School of Economics and Political, London School of Economics and Political Science, 22 January 2018, en-gb, (File:Lse george iv.jpg|thumb|upright|The George IV, a pub owned by LSE)

Transport

The nearest London Underground stations are Holborn, Temple and Covent Garden. Charing Cross, at the Trafalgar Square end of Strand, and the City Thameslink entrance at Ludgate Hill are the nearest mainline stations, whilst London Waterloo is a walk or bus across the River Thames. Buses to Aldwych, Kingsway and the Royal Courts of Justice contain stops which are designated as 'alight here for LSE'.

Organisation and administration

Governance

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.WEB,weblink Annual Accounts for the year ended 31 July 2011, London School of Economics, 12 August 2012, 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.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 which report directly to it.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 court, its subcommittees and of 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.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.

Director and president

{{multiple image
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Walter Adams (historian)>Sir Walter Adams
| image2 = I. G. Patel.jpg
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Indraprasad Gordhanbhai Patel>I.G. Patel}}File:John Ashworth.jpg|thumb|upright=0.7|Sir John Ashworth ]]File:Professor_Craig_Calhoun.jpg|thumb|upright=0.7|Craig CalhounCraig CalhounThe director is the head of LSE and its chief executive officer, responsible for executive management and leadership on academic issues. Since 2013, the addition of the name 'president' has also been adopted alongsideWEB,weblink LSE Director and President, Craig Calhoun, on what it means to be an academic at LSE – Academic careers – LSE Jobs – Home, Lse.ac.uk, 17 September 2014, 18 January 2016, signalling an additional title more widely understood when travelling or undertaking business globally. The director and president reports to and is accountable to the Council. The director is also the accountable officer for the purposes of the Higher Education Funding Council for England Financial Memorandum. The LSE's current director is Dame Nemat Shafik, who replaced interim director, Professor Julia Black, on 1 September 2017.The director and president is supported by a deputy director and provost who oversees the heads of academic departments and institutes, three pro-directors each with designated portfolios (teaching and learning, research and planning and resources) and the School secretary who acts as company secretary.{| class="wikitable" style="border: 5px solid #BBB; margin: .96em 0 0 .9em;"|+Directors!Years !! Name| William Hewins Halford Mackinder>Sir Halford Mackinder William Pember Reeves>The Hon. William Pember ReevesWilliam Beveridge>Lord Beveridge Alexander Carr-Saunders>Sir Alexander Carr-Saunders Sydney Caine>Sir Sydney CaineWalter Adams (historian)>Sir Walter Adams Ralf Dahrendorf>Lord Dahrendorf| Indraprasad Gordhanbhai PatelJohn Ashworth (vice-chancellor)>Sir John Ashworth Anthony Giddens>Lord Giddens Howard Davies (economist)>Sir Howard Davies Judith Rees>Dame Judith Rees | Craig Calhoun| Julia BlackNemat Shafik>Dame Nemat Shafik

Academic departments and institutes

LSE's research and teaching is 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.{{div col|colwidth=25em}}
  • 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 Law
  • 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
  • Marshall Institute for Philanthropy and Social EntrepreneurshipWEB,weblink LSE announces The Marshall Institute for Philanthropy and Social Entrepreneurship – 04 – 2015 – News archive – News – News and media – Home, Lse.ac.uk, 25 April 2015, 18 January 2016,
{{div col end}}

Finances

The LSE group has an endowment (as of 31 July 2016) of £119M and had a total income for 2015–16 (excluding donations and endowments) of £311M (£293M in 2014–15) with expenditure of £307M (2014–15 £302M). Key sources of income included £177M from tuition fees and education contacts (2014–15 £167M), £25M from funding council grants (2014–15 £22M), £32M from research grants (2014–15 – £27M) and £5.3M from investment income (2014–15 £4.7M).WEB,weblink PDF, Financial Statements for the Year Ended 31 July 2016, LSE, 5 April 2017, 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.NEWS,weblink Times Higher Education Pay Survey 2017, 4 May 2017, Simon Baker, Times Higher Education,

Endowment

The London School of Economics (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.WEB,weblink LSE looks to boost endowment fund to £1bn, Financial Times, 4 January 2016, 21 August 2017, The LSE has stated that currently "limited endowment funding constrains our ability to offer 'needs blind' admission to students".

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.WEB,weblink Term dates – Term dates – Diary and events – Staff and students – Home, Lse.ac.uk, 18 January 2016,

Logo, arms and mascot

(File:LSE_Logo.svg|thumb|upright=0.7|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.WEB,weblink Guest Blog: The LSE Beaver | Students@LSE, Blogs.lse.ac.uk, 25 October 2012, 18 January 2016, 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.WEB,weblink Basketball – Men's, Lsesu.com, 18 January 2016, 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 adopted as part of a rebrand in the early 2000s, before which the school's coat of arms was used exclusively to represent the institution. As a trademarked brand, it is carefully protected but can be produced in various forms to reflect different requirements.WEB,weblink PDF, GUIDANCE ON LSE HOUSE STYLE AND BEST COMMUNICATIONS PRACTICE, Lse.ac.uk, 18 January 2016, 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"wikitable floatright" style"font-size:85%; text-align:center;"|+ UCAS Admission Statistics

!!2017!2016!2015!2014!2013ApplicationsHTTPS://WWW.UCAS.COM/FILE/144241/DOWNLOAD?TOKEN=NLVZQ6ELLAST=DATE=2017PUBLISHER=UCAS, 25 January 2018, |18,225|17,660|17,655|17,175|17,325Offer Rate (%)SEX, AREA BACKGROUND AND ETHNIC GROUP: L72 LONDON SCHOOL OF ECONOMICS AND POLITICAL SCI (UOL)DATE=2017PUBLISHER=UCAS, 25 January 2018, |38.4|37.1|37.0|36.4|28.7EnrolsHTTPS://WWW.UCAS.COM/FILE/144196/DOWNLOAD?TOKEN=JEPP6FIFLAST=DATE=2017PUBLISHER=UCAS, 25 January 2018, |1,700|1,625|1,665|1,685|1,430Yield (college admissions)>Yield (%)|24.3|24.8|25.5|27.0|28.8|Applicant/Enrolled Ratio|10.72|10.87|10.60|10.19|12.12UCAS Tariff>Average Entry TariffHTTPS://WWW.THECOMPLETEUNIVERSITYGUIDE.CO.UK/LEAGUE-TABLES/RANKINGS>TITLE=TOP UK UNIVERSITY LEAGUE TABLE AND RANKINGS, Complete University Guide, New UCAS Tariff system from 2016|n/a|200|537|518|532(File:LSE-mosa.jpg|thumb|St Clement's Building)Admission to LSE is highly competitive: the school received 20,000 applications for 1,600 undergraduate places in 2017, or 12.5 applicants per place.WEB,weblink LSE at a glance, 26 April 2019, All undergraduate applications, including international applications, are made through UCAS. LSE had the 4th highest average entry qualification for undergraduates of any UK university in 2015-16, with new students averaging 537 UCAS points (pre-2017 tariff),WEB,weblink Complete University Guide, University League Table 2018, 25 April 2017, equivalent to just below A*A*A*A in A-level grades.WEB,weblink TeachFirst, Calculating your UCAS points using the old UCAS Tariff, 15 January 2017, yes,weblink 16 January 2017, The university gives offers of admission to 37.0% of its applicants, the 3rd lowest amongst the Russell Group.WEB, Which elite universities have the highest offer rates,weblink The Telegraph, 21 October 2016, For 2017 entry, the university was one of only a few mainstream universities (along with Cambridge, Imperial College, Oxford, St Andrews, UCL, and Warwick) to have no courses available in Clearing.WEB, Bhardwa, Seeta, Clearing 2017: Top 10 UK universities with courses available,weblink Times Higher Education, 15 August 2017, Postgraduate students at 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 as UK degree or equivalent plus relevant experience.WEB,weblink Entry requirements, London School of Economics, 15 January 2017, 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.WEB, MSc Financial Mathematics,weblink www.lse.ac.uk, 15 January 2017, LSE, Intake/applications in 2016: 26/623, WEB, MSc Political Economy of Europe,weblink www.lse.ac.uk, 15 January 2017, LSE, Intake/applications in 2016: 83/208, 31.6% of LSE's undergraduates are privately educated, the ninth highest proportion amongst mainstream British universities.WEB, Widening participation: UK Performance Indicators 2016/17,weblink hesa.ac.uk, Higher Education Statistics Authority, 1 February 2018, 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.WEB, Where do HE students study?,weblink hesa.ac.uk, Higher Education Statistics Authority, 9 February 2018,

Programmes and degrees

LSE is the only university in the United Kingdom dedicated solely to the study and research of social sciences. LSE awards a range of academic degrees spanning bachelors, masters and PhDs. The post-nominals awarded are the degree abbreviations used commonly among British universities.The School offers over 140 MSc programmes, 5 MPA programmes, an LLM, 30 BSc programmes, an LLB, 4 BA programmes (including International History and Geography), and 35 PhD programmes.WEB,weblink LSE Undergraduate Prospectus, London School of Economics, 26 April 2010,weblink" title="web.archive.org/web/20070613073641weblink">weblink 13 June 2007, WEB, Available programmes 2015/16,weblink London School of Economics, 28 January 2015, Other subjects pioneered by LSE include anthropology, criminology, social psychology, sociology and social policy; with international relations being first taught as a discipline at LSE.weblink {{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}} Courses are split across more than thirty research centres and nineteen departments, plus a Language Centre.WEB,weblink LSE Language Centre, London School of Economics, 15 March 2010, 26 April 2010, (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.{{citation needed|date=January 2017}} 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.WEB,weblink LSE100 The LSE Course - LSE100 - Students - Staff and students - Home, Barker, Kate, lse.ac.uk, 16 January 2017, 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. 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. All students entering from the 2007-8 academic year onwards received an LSE degree, while students who started before this date were issued University of London degrees.WEB,weblink LSE Degree Certificates, 16 January 2017, NEWS,weblink London trio to award their own degrees, 23 February 2007, Times Higher Education (THE), 16 January 2017, NEWS,weblink Break-up threat to University of London, Curtis, Polly, 30 July 2005, The Guardian, en-GB, 0261-3077, 16 January 2017, 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.WEB,weblink TRIUM Ranked #3 Executive MBA by Financial Times 2016, triumemba.org, 18 October 2016, 15 January 2017,

Research

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 assessmentNEWS,weblink Times Higher Education, London, REF Results Table, 17 December 2014, 16 October 2015, and was ranked third by cumulative grade point average with a score of 3.35, beating both Oxford and Cambridge.NEWS,weblink Times Higher Education, London, REF Table of Excellence, 17 December 2014, 16 October 2015, It was ranked 23rd in the country for research power by Research Fortnight based on its REF2014 results, and 28th in research power by the Times Higher Education.NEWS, The Guardian, 13 December 2014, University Research Excellence Framework 2014 – the full rankings,weblink 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,WEB,weblink Research Assessment Exercise 2008 – RAE 2008 – Research and expertise – Home, London School of Economics, 25 November 2009, 26 April 2010, fourth equal for GPA and 29th for research power in Times Higher Education's analysis, and 27th in research power by Research Fortnight's analysis.According to analysis of the REF 2014 subject results by Times Higher Education, the School is the UK's top 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.WEB,weblink THE REF 2014 Subject Table, Times Higher Education, 16 October 2015, (File:HoughtonStreet.jpg|thumb|Houghton Street is the centre of the LSE campus)

Research centres

The School houses a number of notable centres including the Centre for the Analysis of Social Exclusion, the Centre for Climate Change Economics and Policy, the Centre for Macroeconomics, 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 influential research centre within LSE from the late 1950s on, before being subsumed into the LSE London research group.BOOK, Kochan, Ben, 2008, London government 50 years of debate: The contribution of LSE's Greater London Group, London School of Economics, George, Jones, The Greater London Group after 50 years, 15–22,weblink

LSE Institute of Global Affairs

In late 2014, LSE hired Erik Berglöf, former Chief Economist and Special Advisor to the EBRD to establish a new Institute of Global Affairs with seven regional research centres focusing on Africa, East Asia, Latin America and the Caribbean, the Middle East, South Asia, South East Asia and the United States.WEB,weblink Professor Berglof appointed as Director of the Institute of Global Affairs, WEB,weblink LSE Institute of Global Affairs, It is joined by the LSE IDEAS think tank, which in a global survey conducted by the University of Pennsylvania in 2015 was jointly ranked as world's second-best university think tanks for the third year running alongside the LSE Public Policy Group, after Harvard University's Belfer Center for Science and International Affairs.WEB,weblink LSE IDEAS and Public Policy Group ranked 2nd best university think tank in the world, 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 the prosecution of war rape and women's engagement in politics, through academic research, a post-graduate teaching program, public engagement, and collaboration with international organisations.NEWS, Topping, Alexandra, Borger, Julian, Angelina Jolie opens UK centre to fight warzone violence against women,weblink The Guardian, 10 February 2015, 10 February 2015, WEB, The London School of Economics and Political Science, New Centre for Women, Peace and Security launched at LSE by William Hague and Angelina Jolie Pitt, 10 February 2015,weblink 10 February 2015, 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.WEB,weblink LSE Centre for Women, Peace and Security appoints New Visiting Professors in Practice, Lse.ac.uk, 23 May 2016, 21 August 2017,

Partnerships

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.WEB,weblink LSE Academic partners, 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.WEB,weblink Masters Programmes – Programmes and courses, London School of Economics, 15 May 2009, 26 April 2010, 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 programmeWEB,weblink TRIUM Global Executive MBA, top ranked alliance of NYU Stern, LSE and HEC Paris, Triumemba.org, 26 April 2010, 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,WEB,weblink Master of Public Affairs, the Hertie School of Governance and National University of Singapore.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 30 CEMS partner universities.WEB,weblink Global Master's in Management, Lse.ac.uk, 27 October 2018, WEB,weblink IMEX programme, London School of Economics, 26 April 2010, yes,weblink" title="web.archive.org/web/20090203064100weblink">weblink 3 February 2009, 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.WEB,weblink Erasmus at LSE, LSE, 15 January 2017, The School is a member of the Association of Commonwealth Universities, the Association of Professional Schools of International Affairs,WEB,weblink Association of Professional Schools of International Affairs, 13 January 2008, the European University Association,WEB,weblink The European University Association Home Page, 13 April 2009, the G5, the Global Alliance in Management Education, the Russell Group and Universities UK,WEB,weblink Universities UK Home Page, 13 January 2008, 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.JOURNAL,weblink Golden opportunities, 436, 7047, 144–147, Paul, Smaglik, 10.1038/nj7047-144a, 19 October 2010, Nature, 6 July 2005, 1 January 2017, (Names Oxford, Cambridge, UCL, Imperial and King's but not LSE)NEWS,weblink 'Golden triangle' to win funding riches, 11 February 2010, Times Higher Education, "The other institutions in the Cambridge-Oxford-London "golden triangle" – University College London, Imperial College London and the London School of Economics – will also receive big cash windfalls, as will the University of Manchester.", (Names Oxford, Cambridge, UCL, Imperial and LSE)BOOK, Social Class in the 21st Century, Mike Savage, 5 November 2015, Penguin, "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.",weblink 167, (Names Oxford Cambridge and 'typically' LSE, King's, UCL and Imperial)NEWS, Jha, Alok,weblink Gold rush, The Guardian, 3 June 2003, "The golden triangle of Oxford, Cambridge, University College London and Imperial College, show no sign of slowing down in their race away from the rest of the sector when it comes to research funding.", (Names Oxford, Cambridge, UCL and Imperial but not LSE)BOOK,weblink OECD Reviews of Regional Innovation OECD Reviews of Regional Innovation, North of England, UK, OECD, 2008, 222, "The "Golden Triangle" of ... the universities of Oxford and Cambridge, Imperial College and University College of London ...", (Names Oxford, Cambridge, UCL and Imperial but not LSE)NEWS, Clark, Paul,weblink The golden triangle holds the secret, Times Higher Education, 1 March 2002, "Suppose, for the sake of argument, that the four institutions comprising the 'golden triangle' - Cambridge, Imperial College, Oxford and University College London - elect not to receive their block Higher Education Funding Council for England grant for teaching.", (Names Oxford, Cambridge, UCL and Imperial but not LSE)WEB,weblink London top city in global 'university rankings, 26 February 2014, (Names Oxford, Cambridge, UCL, Imperial, King's and LSE)

Libraries and archives

{{Refimprove section|date=January 2017}}File:Lse library interior.jpg|thumb|right|The interior of the main LSE library, designed by Norman Foster ]]The School's main library, the British Library of Political and Economic Science is located in the Lionel Robbins Building and contains over 4 million print volumes, 60,000 online journals and 29,000 electronic books.WEB,weblink LSE Library annual report 2012/13, 19 December 2013, London School of Economics, The Digital Library contains digitised material from LSE Library collections and also born-digital material that has been collected and preserved in digital formats.WEB,weblink Welcome to the digital library, 19 December 2013, London School of Economics, Founded in 1896, it is the world's largest social and political sciences library and the national social science library of the United Kingdom and Commonwealth. Its collections are recognised for their outstanding national and international status and hold 'Designation' status by the Museums, Libraries and Archives Council (MLA). BLPES responds to around 7,500 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.The Shaw Library, housed in LSE's Founders Room in the Old Building contains the School's collection of fiction and general readings. It also hosts a weekly series of lunchtime music concerts and press launches and is the home of the Fabian Window which was unveiled by Tony Blair in 2003.In 2013, LSE purchased the Women's Library, Britain's main library and museum resource on women and the women's movement and a UNESCO classified resource from London Metropolitan University, moving the resources and artefacts into a new purpose-built facility within the Lionel Robbins Building complete with its own reading room and exhibition space. Several subject specific libraries also exist 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, students are permitted to use the libraries of any other University of London college, and the extensive facilities at Senate House Library, situated in Russell Square.

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.WEB,weblink LSE Summer School – Courses, London School of Economics, 3 June 2015, 16 October 2015, It is advertised as the largest and one of the most well-established university Summer Schools of its kind in Europe.WEB,weblink Summer School Programmes in London, Study London Official University Guide, 12 September 2016, 23 September 2016, 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.WEB,weblink LSE Summer School, London School of Economics, 8 April 2010, 26 April 2010,

Public lectures

File:Nelson Mandela, 2000 (4).jpg|thumb|Nelson MandelaNelson MandelaPublic lectures hosted by 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.WEB, LSE Live: LSE Live Podcast,weblink 15 January 2017, LSE organises over 200 public events every year.WEB,weblink Public Lectures and Events, Recent{{when|date=January 2019}} 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.WEB,weblink LSE Public Lectures, 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.WEB,weblink LSE Public Lectures: Major Series,

iXXi Briefings

The iXXi Briefings (from 9/11, written in Roman numerals) are private discussions which are attended by around 40 distinguished people, chaired by Lord Desai. At the briefings, two speakers talk for 15 minutes each before discussion is opened to all attendees, operating under Chatham House Rules. iXXi briefings provide an opportunity for the LSE to exhibit its resources and engage with experts and prominent figures. The iXXi briefings are run by LSE Enterprises.WEB,weblink" title="web.archive.org/web/20110917014737weblink">weblink 17 September 2011,weblink iXXi briefings, London School of Economics, 23 October 2011,

Rankings and reputation









factoids
In overall national rankings, the LSE consistently placed as a top 15 university until 2019, when it fell to 19th in the Guardian table for 2020. It was placed joint 8th in the Times Higher Education Table of Tables 2019.NEWS,weblink THE ‘Table of Tables’ 2019: Lincoln and Nottingham Trent in top 30, Ellie Bothwell, 25 October 2018, Times Higher Education, The LSE also ranked 3rd overall in the Sunday Times University Guide cumulative ranking over a ten-year period (1998–2007).NEWS,weblink The Times, London, Performance over 10 years, 22 September 2007, 4 April 2010, Patrick, Kidd, LSE was one of only eight universities (along with the other members of the G5, Bath, St Andrews and Warwick) to have never left the top 15 in one of the three main domestic rankings between 2008–2017.WEB, Domestic Ranking of British Universities over a 10-Year Period,weblink The University Buzz, The QS World University Rankings for 2016–17 rankings saw the LSE placed 37th overall. The 2016–17 Times Higher Education World University Rankings ranked LSE 25th globally and placed it 5th in the country.NEWS,weblink World University Rankings, 17 August 2016, Times Higher Education (THE), 31 December 2016, LSE was also ranked 24th for reputation by Times Higher Education in 2016.WEB,weblink World Reputation Rankings 2016, Times Higher Education, 6 April 2017, However, the 2016–17 Academic Ranking of World Universities placed the LSE 151–200 and 16–21 nationally, while the US News & World Report Best Global Universities 2017 placed it 261st globally and 30th in the UK.WEB,weblink London School of Economics and Political Science, US News & World Report, 6 April 2017, The citation-based CWTS Leiden Ranking placed LSE 90th worldwide and 16th in the UK.{{Citation needed|date=April 2019}}Times Higher Education 2017 ranks social sciences at LSE at 15th globally and 4th in the country.NEWS,weblink World University Rankings 2016-2017 by subject: social sciences, 20 September 2016, Times Higher Education (THE), 31 December 2016, The QS World University Rankings by Subject 2017 ranks the LSE second in the world for Social Sciences and Management and third in the world for Geography, Communication and Media Studies, Politics, and Social Policy and Administration. It is ranked in the top ten for Anthropology, Development studies, Accounting and Finance, History, Philosophy, Law, Economics, and Business and Management Studies, in the top 30 for Psychology, and the top 40 for Statistics.WEB,weblink London School of Economics and Political Science (LSE), QS Quacquarelli Symonds, Topuniversities.com, 14 February 2018, Disparities between national and international league tables have caused LSE to offer public explanations for the difference, including the statement in 2012:
"At mid-2012, LSE has seen pleasing improvements over the last couple of years in our standing in all the main global rankings: those produced by Times Higher Education, QS and Shanghai Jiaotong University [the Academic Ranking of World Universities]. We have also seen good rises in the domestic UK rankings. But we remain concerned that all of the global rankings – by some way the most important for us, given our highly international orientation – suffer from inbuilt biases in favour of large multi-faculty universities with full STEM (Science, Technology, Engineering and Mathematics) offerings, and against small, specialist, mainly non-STEM universities such as LSE."WEB,weblink" title="web.archive.org/web/20160304055639weblink">weblink 4 March 2016,weblink LSE in university league tables, 3 January 2016,
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.WEB, Undergraduate degrees: relative labour market returns (Table 7: HEI - conditional impact on earnings five years after graduation),weblink Department for Education, 17 December 2018, 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.WEB,weblink Top 20 colleges with most billionaire alumni, 17 September 2014, The LSE was the only UK university to make the list.In the 2017 National Student Survey LSE came 145th out of 148 for overall student satisfaction.WEB,weblink National Student Survey 2017: overall satisfaction results, Times Higher Education, 9 August 2017, 27 October 2018, NEWS, Turner, Camilla,weblink Two of Britain’s leading universities fall well below benchmark for student satisfaction, survey finds, The Daily Telegraph, 9 August 2017, 27 October 2018,

Student life

File:Lincoln's Inn Fields - May 2006.jpg|thumb|LSE students revising in Lincoln's Inn FieldsLincoln'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 school. 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.WEB,weblink Students and Staff, 24 August 2012, London School of Economics, LSE had more countries represented by students than the UN.WEB,weblink The London School of Economics and Political Science, University of London — moveonnet, Moveonnet.eu, 18 January 2016, yes,weblink" title="web.archive.org/web/20160206133457weblink">weblink 6 February 2016, 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.WEB,weblink LSE at a glance, Zengenti, lse.ac.uk, 6 January 2017, Over half of LSE's students are postgraduates,WEB,weblink About LSE – About LSE – Home, London School of Economics, 30 November 2009, 26 April 2010, and there is approximately an equal split between genders with 51% male and 49% female students. Alumni total over 160,000, covering over 190 countries with more than 80 active alumni groups.

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 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,NEWS, LSE Student Protests,weblink 31 May 2007, 6 January 2010, BBC News, Lucy, Wilkins, NEWS, On This Day – LSE Student Protests,weblink 13 March 1967, 6 January 2010, BBC News, which made international headlines. In 2015, the School was awarded the top spot for student nightlife by The Guardian newspaperNEWS,weblink The London School of Economics: why is it the best uni for nightlife?, The Guardian, 18 January 2016, 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.WEB, Saw Swee Hock Student Centre,weblink London School of Economics, 9 December 2013, 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.WEB,weblink Students' Union, 16 January 2017, Over £150,000 is raised for charity each year through the RAG (Raising and Giving), the fundraising arm of the Students' Union,WEB,weblink RAG, 16 January 2017, which was started in 1980 by then Student Union Entertainments Officer and former New Zealand MP Tim Barnett.BOOK, LSE Students' Union Guide 2009/10,weblink 7, Sporting activity is coordinated by the LSE Athletics Union, which is a constituent of British Universities & Colleges Sport (BUCS).

Student housing

(File:NorthumberlandHouse.jpg|thumb|left|upright|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.WEB,weblink 15 January 2017, Student accommodation, 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.WEB,weblink Sidney Webb House, There are also flats available on Anson and Carleton roads, which are reserved for students with children.WEB,weblink Residential halls at a glance, 16 January 2017, 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.WEB,weblink After you have applied for accommodation, 16 January 2017, 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.(File:Gh new.jpg|thumb|upright|Grosvenor House Studios)The largest LSE student residence, Bankside House, a refurbished early 1950's office block and former headquarters of the Central Electricity Generating Board,WEB,weblink LSE granted planning permission for Bankside House redevelopment, 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.WEB,weblink Bankside House, 16 January 2016, NEWS,weblink LSE plans expansion of Bankside House student residence, london-se1.co.uk, 21 March 2011, 6 April 2017, 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.WEB,weblink High Holborn Residence, 16 January 2016, Other accommodation is located in the surrounding area – Butler's Wharf is situated next to Tower Bridge, Rosebery Hall is located in the London Borough of Islington close to Sadler's Wells, and Carr-Saunders Hall, named after the LSE professor, is approximately 5 minutes from Telecom Tower in the heart of Fitzrovia.Since 2005, the school has opened three new residences to provide accommodation for all first-year students. Lilian Knowles, independently operated in Spitalfields, is home for approximately 360 students and opened in 2006. It is located in a converted Victorian night refuge; the remnants of which can still be seen on the outside facade. It is a common stop on Jack the Ripper tours as one of his victims is commonly believed to have been a one-time resident. Planning permission was sought to convert the Grade II listed Northumberland House, on Northumberland Avenue into a new residence in June 2005, and the accommodation opened to students in October 2006. It was formerly a Victorian grand hotel and lately government offices.The closest residence to the Aldwych 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.

Notable people

File:Clement Attlee.PNG|Clement Attlee, Prime Minister of the United Kingdom (1945–1951)File:Jomo Kenyatta.jpg|Jomo Kenyatta, President of Kenya (1964–1978)File:Romano Prodi in Nova Gorica (2c).jpg|Romano Prodi, Prime Minister of Italy (1996–1998, 2006–2008) and President of the European Commission (1999–2004)File:Young Ambedkar.gif|B. R. Ambedkar, father of modern India, chief author of the world's longest constitution,polymath, jurist, economist, politician and social reformerFile:Pierre Elliot Trudeau-2.jpg|Pierre Trudeau, Prime Minister of Canada (1968–1979, 1980–1984)File:Lee Kuan Yew.jpg|Lee Kuan Yew, Prime Minister of Singapore (1959–1990)File:Queen Magrethe sep 7 2005.png|Queen Margrethe II of Denmark (1973–present)File:KimCampbell.jpg|Kim Campbell, Prime Minister of Canada (1993)File:Bundesarchiv Bild 183-1989-0630-504, Heinrich Brüning.jpg|Heinrich Brüning, Chancellor of Germany (1930–1932)File:Karl Popper2.jpg|Karl Popper, reader in logic and scientific method at the LSEFile:George Soros 47th Munich Security Conference 2011 crop.jpg|George Soros, billionaire investor, philanthropist and political activistFile:Tsai Ing-wen 2009.jpg|Tsai Ing-wen, President of the Republic of China (2016–present)File:Tony Fernandes cropped.jpg|Tony Fernandes, chief executive officer of the low-cost carrier, AirAsiaFile:Carlo Cottarelli Quirinale (cropped).jpg|Carlo Cottarelli, former director of the International Monetary FundFile:Fadli Zon Official.jpg|Fadli Zon, Deputy speaker of the Indonesian People's Representative CouncilFile:Kamisese Mara.jpg|Kamisese Mara, Founding Father and Prime Minister of FijiFile:Sher bahadur.jpg|Sher Bahadur Deuba, Prime Minister of Nepal (1995–1997, 2001–2002, 2004–2005, and 2017–2018) LSE has a long list of notable alumni and staff, spanning the fields of scholarship covered by the school.WEB, LSE People,weblink 16 January 2017, The school has over 50 fellows of the British Academy on its staff, while other notable former staff members include Brian Barry, 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 and former UK Labour Party leader Ed Miliband. Internationally, Brazilian defence minister Celso Amorim, Costa Rican President Óscar Arias, Japanese Prime Minister Taro Aso, Queen Margrethe II of Denmark, architect of the Indian Constitution and eminent economist B. R. Ambedkar, President of India K. R. Narayanan, President of 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 DumasWEB,weblink Roland Dumas, as well as Singapore's Deputy Prime Minister and Chairman of the International Monetary and Financial Committee at the International Monetary Fund (IMF), 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.WEB,weblink Obama's LSE alumni – 2009, London School of Economics, 23 October 2011, 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.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.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.NEWS, Jeffery, Simon, Omar Sheikh: The path from public school in London to Pakistan's death row,weblink 15 July 2002, The Guardian, London, 19 January 2015,

Nobel Laureates

As of 2019, 18 Nobel Prizes in economics, peace and literature are officially recognised as having been awarded to LSE alumni and staff.File:Leonid Hurwicz.jpg|Leonid Hurwicz – Nobel Laureate in economics – studied at LSE with Nicholas Kaldor and HayekFile:Christopher Pissarides.jpg|Christopher A. Pissarides – awarded the Nobel Prize in economics in 2010 – currently Regius Professor of Economics at LSEFile:Amartya Sen NIH.jpg|Amartya Sen, Indian economist, former professor and Nobel laureateFile:Juan Manuel Santos in 2018.jpg|Juan Manuel Santos, former president of Colombia and recipient of the 2016 Nobel Peace Prize

Notes

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References

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Further reading

External links

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