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The London School of Economics and Political Science (LSE), established in 1895, is a
public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...
research university A research university or a research-intensive university is a university that is committed to research as a central part of its mission. They are "the key sites of Knowledge production modes, knowledge production", along with "intergenerational ...
in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
, England, and a member institution of the
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in Post-nominal letters, post-nominals) is a collegiate university, federal Public university, public research university located in London, England, United Kingdom. The ...
. The school specialises in the social sciences. Founded by
Fabian Society The Fabian Society () is a History of the socialist movement in the United Kingdom, British socialist organisation whose purpose is to advance the principles of social democracy and democratic socialism via gradualist and reformist effort in ...
members
Sidney Webb Sidney James Webb, 1st Baron Passfield, (13 July 1859 – 13 October 1947) was a British socialist, economist and reformer, who co-founded the London School of Economics. He was an early member of the Fabian Society in 1884, joining, like Geo ...
,
Beatrice Webb Martha Beatrice Webb, Baroness Passfield, (née Potter; 22 January 1858 – 30 April 1943) was an English sociology, sociologist, economist, feminism, feminist and reformism (historical), social reformer. She was among the founders of the Lo ...
,
Graham Wallas Graham Wallas (31 May 1858 – 9 August 1932) was an English socialist, social psychologist, educationalist, a leader of the Fabian Society and a co-founder of the London School of Economics. Biography Born in Monkwearmouth, Sunderland, Walla ...
and
George Bernard Shaw George Bernard Shaw (26 July 1856 – 2 November 1950), known at his insistence as Bernard Shaw, was an Irish playwright, critic, polemicist and political activist. His influence on Western theatre, culture and politics extended from the 188 ...
, LSE joined the University of London in 1900 and offered its first degree programmes under the auspices of the university in 1901. LSE began awarding degrees in its own name in 2008, 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. LSE is located in the
London Borough of Camden The London Borough of Camden () is a London boroughs, borough in Inner London, England. Camden Town Hall, on Euston Road, lies north of Charing Cross. The borough was established on 1 April 1965 from the former Metropolitan boroughs of the Cou ...
and
Westminster Westminster is the main settlement of the City of Westminster in Central London, Central London, England. It extends from the River Thames to Oxford Street and has many famous landmarks, including the Palace of Westminster, Buckingham Palace, ...
,
Central London Central London is the innermost part of London, in England, spanning the City of London and several boroughs. Over time, a number of definitions have been used to define the scope of Central London for statistics, urban planning and local gove ...
, near the boundary between
Covent Garden Covent Garden is a district in London, on the eastern fringes of the West End, between St Martin's Lane and Drury Lane. It is associated with the former fruit-and-vegetable market in the central square, now a popular shopping and tourist sit ...
and
Holborn Holborn ( or ), an area in central London, covers the south-eastern part of the London Borough of Camden and a part (St Andrew Holborn (parish), St Andrew Holborn Below the Bars) of the Wards of the City of London, Ward of Farringdon Without i ...
. The area is historically known as
Clare Market Clare Market is a historic area in central London located within the parish of St Clement Danes to the west of Lincoln's Inn Fields, between the Strand and Drury Lane, with Vere Street adjoining its western side. It was named after the food m ...
. As of 2023/24, LSE had just under 13,000 students, with the majority being postgraduate students and just under two thirds coming from outside the UK. 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. LSE is a member of the
Russell Group The Russell Group is a self-selected association of twenty-four public research universities in the United Kingdom. The group is headquartered in Cambridge and was established in 1994 to represent its members' interests, principally to governme ...
,
Association of Commonwealth Universities The Association of Commonwealth Universities (ACU) is a charitable organization that was established in 1913, and has over 400 member institutions in over 40 countries across the Commonwealth of Nations, Commonwealth.European University Association The European University Association (EUA) represents more than 800 institutions of higher education in 48 countries, providing them with a forum for cooperation and the exchange of information on higher education and research policies. Members of ...
, and is typically considered part of the "
golden triangle Golden Triangle may refer to: Places Asia * Golden Triangle (Southeast Asia), named for its opium production * Golden Triangle (Yangtze), China, named for its rapid economic development * Golden Triangle (India), comprising the popular tourist sp ...
" of research universities in the south east of England. Since 1990, the London School of Economics has educated 24 heads of state or government, the second highest of any university in the United Kingdom after the University of Oxford. As of 2024, the school is affiliated with 20 Nobel laureates.


History


Origins

The London School of Economics and Political Science was founded in 1895 by
Beatrice Beatrice may refer to: * Beatrice (given name) Places In the United States * Beatrice, Alabama, a town * Beatrice, Humboldt County, California, a locality * Beatrice, Georgia, an unincorporated community * Beatrice, Indiana, an unincorporated ...
and
Sidney Webb Sidney James Webb, 1st Baron Passfield, (13 July 1859 – 13 October 1947) was a British socialist, economist and reformer, who co-founded the London School of Economics. He was an early member of the Fabian Society in 1884, joining, like Geo ...
, initially funded by a bequest of £20,000 from the
estate Estate or The Estate may refer to: Law * Estate (law), a term in common law for a person's property, entitlements and obligations * Estates of the realm, a broad social category in the histories of certain countries. ** The Estates, representativ ...
of Henry Hunt Hutchinson. Hutchinson, a lawyer and member of the
Fabian Society The Fabian Society () is a History of the socialist movement in the United Kingdom, British socialist organisation whose purpose is to advance the principles of social democracy and democratic socialism via gradualist and reformist effort in ...
, left the money in trust, to be put "towards advancing its he Fabian Society'sobjects in any way they he trustees">trustee.html" ;"title="he he trusteesdeem advisable". The five trustees were Sidney Webb, Edward Pease, Constance Hutchinson, W. S. de Mattos">trustee">he trusteesdeem advisable". The five trustees were Sidney Webb, Edward R. Pease">Edward Pease, Constance Hutchinson, W. S. 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 George Bernard Shaw (26 July 1856 – 2 November 1950), known at his insistence as Bernard Shaw, was an Irish playwright, critic, polemicist and political activist. His influence on Western theatre, culture and politics extended from the 188 ...
. 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, in the Adelphi, London">Adelphi, in the City of Westminster.


20th century

The school joined the federal
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in Post-nominal letters, post-nominals) is a collegiate university, federal Public university, public research university located in London, England, United Kingdom. The ...
in 1900 and was recognised as a Faculty of Economics of the university. The University of London degrees of
BSc (Econ) and Doctor of Science">DSc DSC or Dsc may refer to: Education * Doctor of Science (D.Sc.) * District Selection Committee, an entrance exam in India * Doctor of Surgical Chiropody, superseded in the 1960s by Doctor of Podiatric Medicine Educational institutions * Dyal Sin ...
(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 George V">King George V George V (George Frederick Ernest Albert; 3 June 1865 – 20 January 1936) was King of the United Kingdom and the British Dominions, and Emperor of India, from 6 May 1910 until his death in 1936. George was born during the reign of his pa ...
in 1920; the building was opened in 1922. The school's arms, including its motto and beaver mascot, were adopted in February 1922, on the recommendation of a committee of twelve, including eight students, which was established to research the matter. The Latin motto, , is taken from Virgil's Georgics. Its English translation is "to Know the Causes of Things" and it was suggested by Professor
Edwin Cannan Edwin Cannan (3 February 1861 – 8 April 1935) was a British economist and historian of economic thought. He taught at the London School of Economics from 1895 to 1926. Biography Edwin Cannan was the younger son of David Alexander Cannan and a ...
. The beaver mascot was selected for its associations with "foresight, constructiveness, and industrious behaviour". The economic debate between the LSE and the
University of Cambridge The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209, the University of Cambridge is the List of oldest universities in continuous operation, wo ...
during the 1930s is a well-known chapter in academic circles. The rivalry between academic opinion at LSE and Cambridge goes back to the school's roots when LSE's
Edwin Cannan Edwin Cannan (3 February 1861 – 8 April 1935) was a British economist and historian of economic thought. He taught at the London School of Economics from 1895 to 1926. Biography Edwin Cannan was the younger son of David Alexander Cannan and a ...
(1861–1935), Professor of Economics, and Cambridge's Professor of Political Economy,
Alfred Marshall Alfred Marshall (26 July 1842 – 13 July 1924) was an English economist and one of the most influential economists of his time. His book ''Principles of Economics (Marshall), Principles of Economics'' (1890) was the dominant economic textboo ...
(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.) The dispute also concerned the question of the economist's role, and whether this should be as a detached expert or a practical adviser. 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. 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 The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and ...
. The main figures in this debate were
John Maynard Keynes John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originall ...
from Cambridge and the LSE's
Friedrich Hayek Friedrich August von Hayek (8 May 1899 – 23 March 1992) was an Austrian-born British academic and philosopher. He is known for his contributions to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobe ...
. The LSE economist
Lionel Robbins Lionel Charles Robbins, Baron Robbins, (22 November 1898 – 15 May 1984) was a British economist, and prominent member of the economics department at the London School of Economics (LSE). He is known for his leadership at LSE, his proposed de ...
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 Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomics, macroeconomic theories and Economic model, models of how aggregate demand (total spending in the economy) strongl ...
, involving the active participation of the state and public sector, while Hayek and Robbins followed the
Austrian School The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivat ...
, 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 Peterhouse is the oldest Colleges of the University of Cambridge, constituent college of the University of Cambridge in England, founded in 1284 by Hugh de Balsham, Bishop of Ely. Peterhouse has around 300 undergraduate and 175 graduate stud ...
. Following the decision to establish a modern
business school A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, s ...
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 Imperial College London, also known as Imperial, is a public research university in London, England. Its history began with Prince Albert, husband of Queen Victoria, who envisioned a cultural district in South Kensington that included museums ...
. However, this avenue was not pursued and instead, the
London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degree, Master's degrees in management and finance, Master of B ...
was created as a college of the university. 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 The University of Zimbabwe (UZ) is a public university in Harare, Zimbabwe. It was opened in 1952 as the University College of Federation of Rhodesia and Nyasaland, Rhodesia and Nyasaland, and was initially affiliated with the University of Lon ...
, and the students objected to his failure to oppose
Rhodesia's Unilateral Declaration of Independence Rhodesia's Unilateral Declaration of Independence (UDI) was a statement adopted by the Cabinet of Rhodesia on 11 November 1965, announcing that Rhodesia (previously Southern Rhodesia), a British crown colony in southern Africa that had respon ...
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. In the 1970s, four Nobel Memorial Prizes in Economic Sciences were awarded to economists associated with the LSE:
John Hicks Sir John Richard Hicks (8 April 1904 – 20 May 1989) was a British economist. He is considered one of the most important and influential economists of the twentieth century. The most familiar of his many contributions in the field of economics ...
(lecturer 1926–36) in 1972,
Friedrich Hayek Friedrich August von Hayek (8 May 1899 – 23 March 1992) was an Austrian-born British academic and philosopher. He is known for his contributions to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobe ...
(lecturer 1931–50) in 1974,
James Meade James Edward Meade FBA (23 June 1907 – 22 December 1995) was a British economist who made major contributions to the theory of international trade and welfare economics. Along with Richard Kahn, James Meade helped develop the concept of ...
(lecturer 1947–1957) in 1977 and Arthur Lewis (BSc Econ 1937, and the LSE's first Black academic 1938–44) in 1979.


21st century

In the early 21st century, the LSE had a wide impact on British politics. ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...
'' 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 Barry John Sheerman (born 17 August 1940) is a British politician who served as Member of Parliament (MP) for Huddersfield, previously Huddersfield East, for 45 years from 1979 to 2024. A member of the Labour and Co-operative parties, he is ...
, sits on its board of governors, along with Labour peer Lord (Frank) Judd. Also on the board are Tory MPs
Virginia Bottomley Virginia Hilda Brunette Maxwell Bottomley, Baroness Bottomley of Nettlestone, (née Garnett, born 12 March 1948) is a British Conservative Party politician and headhunter. She was a Member of Parliament (MP) in the House of Commons from 198 ...
and
Richard Shepherd Sir Richard Charles Scrimgeour Shepherd (6 December 1942 – 19 February 2022) was a British politician who was Member of Parliament for Aldridge-Brownhills from 1979 to 2015. A Eurosceptic, Shepherd was one of the Maastricht Rebels that ha ...
, as well as Lord Saatchi and Lady Howe.
Commenting in 2001 on the rising status of the LSE, the British magazine ''
The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'' 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, who were drawn to LSE by the prominence of its academic figures, such as
Richard Sennett Richard Sennett (born 1 January 1943) is an American sociologist who is the Centennial Professor of Sociology at the London School of Economics and former University Professor of the Humanities at New York University. He is currently a Senior F ...
. In 2006, the school published a report disputing the costs of British government proposals to introduce compulsory ID cards. LSE academics were also represented on numerous national and international bodies in the early 21st century, including the UK Airports Commission, Independent Police Commission, Migration Advisory Committee, UN Advisory Board on Water and Sanitation, London Finance Commission, HS2 Limited, the UK government's Infrastructure Commission and advising on architecture and urbanism for the London 2012 Olympics 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. 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. 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.


Controversies

In February 2011, LSE had to face the consequences of
matriculating Matriculation is the formal process of entering a university, or of becoming eligible to enter by fulfilling certain academic requirements such as a matriculation examination. Australia In Australia, the term ''matriculation'' is seldom used no ...
one of
Muammar Gaddafi Muammar Muhammad Abu Minyar al-Gaddafi (20 October 2011) was a Libyan military officer, revolutionary, politician and political theorist who ruled Libya from 1969 until Killing of Muammar Gaddafi, his assassination by Libyan Anti-Gaddafi ...
's sons while accepting a £1.5m donation to the university from his family. LSE director Howard Davies resigned over allegations about the institution's links to the Libyan regime. 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 Harry Kenneth Woolf, Baron Woolf (born 2 May 1933) is a British life peer and retired barrister and judge. He was Master of the Rolls from 1996 until 2000 and Lord Chief Justice of England and Wales from 2000 until 2005. The Constitutional Ref ...
. In 2013, the LSE was featured in a
BBC The British Broadcasting Corporation (BBC) is a British public service broadcaster headquartered at Broadcasting House in London, England. Originally established in 1922 as the British Broadcasting Company, it evolved into its current sta ...
''
Panorama A panorama (formed from Greek language, Greek πᾶν "all" + ὅραμα "view") is any Obtuse angle, wide-angle view or representation of a physical space, whether in painting, drawing, photography (panoramic photography), film, seismic image ...
'' 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 A student society, student association, university society, student club, university club, or student organization is a society or an organization, operated by students at a university, college, or other educational institution, whose membership t ...
of the international relations department. The trip had been sanctioned by high-level North Korean officials. The trip caused international media attention as a BBC journalist was posing as a part of LSE. There was debate as to whether this put the students' lives in jeopardy in the repressive regime if a reporter had been exposed. The North Korean 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 Camila Batmanghelidjh CBE (; ; 1963 – 1 January 2024) was an Iranian-Belgian author, psychotherapist, and charity executive based in the United Kingdom. She was the founder of the charity Kids Company (closed in 2015) and Place2Be, charities ...
's charity,
Kids Company Keeping Kids Company (in liquidation), formerly Kids Company, was an incorporated and registered charity, founded by Camila Batmanghelidjh in 1996 to provide support to deprived inner city children. From its original "drop-in" centre in sou ...
. 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. In 2024 emails between LSE senior staff described students wearing
keffiyeh The keffiyeh (), also regionally known as a hattah (), ghutrah (), or shemagh (), is a traditional headdress worn by men from parts of the Middle East. It is fashioned from a square scarf, and is usually made of cotton. The keffiyeh is commonly ...
who were protesting the university's investments in
Israel Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...
as being "dressed as terrorists".


Industrial disputes

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. 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.
Owen Jones Owen Jones (born 8 August 1984) is a left-wing British newspaper columnist, commentator, journalist, author and political activist. He writes a column for ''The Guardian'' and contributes to the ''New Statesman'', ''Tribune (magazine), Tribune ...
did not cross the picket line after arriving for a debate on grammar schools with
Peter Hitchens Peter Jonathan Hitchens (born 1951) is an English Conservatism in the United Kingdom, conservative author, broadcaster, journalist, and commentator. He writes for ''The Mail on Sunday'' and was a Foreign correspondent (journalism), foreign cor ...
. It was announced in June 2018 that some 200 outsourced workers at the LSE would be offered in-house contracts. 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, according to Higher Education Statistical Agency data (internal LSE data puts the latest figure at 58.5%). During this same period, comparable universities such as
University of Edinburgh The University of Edinburgh (, ; abbreviated as ''Edin.'' in Post-nominal letters, post-nominals) is a Public university, public research university based in Edinburgh, Scotland. Founded by the City of Edinburgh Council, town council under th ...
,
University College London University College London (Trade name, branded as UCL) is a Public university, public research university in London, England. It is a Member institutions of the University of London, member institution of the Federal university, federal Uni ...
and
Imperial Imperial is that which relates to an empire, emperor/empress, or imperialism. Imperial or The Imperial may also refer to: Places United States * Imperial, California * Imperial, Missouri * Imperial, Nebraska * Imperial, Pennsylvania * Imper ...
all increased their rates of permanent staff relative to those on fixed term contracts. 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. 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. 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. 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. 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. The LSE also introduced an 'Exceptional Degree Classification Schemes' policy, 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.


''The World Turned Upside Down''

A sculpture by
Mark Wallinger Mark Wallinger (born 25 May 1959) is an English artist. Having previously been nominated for the Turner Prize in 1995, he won in 2007 for his installation '' State Britain''. His work ''Ecce Homo'' (1999–2000) was the first piece to occupy th ...
, ''
The World Turned Upside Down "The World Turned Upside Down" is an English ballad. It was first published on a broadside in the middle of the 1640s as a protest against the policies of Parliament relating to the celebration of Christmas. Parliament believed the holiday ...
'', 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 Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...
as a sovereign state rather than as part of
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
,
Lhasa Lhasa, officially the Chengguan District of Lhasa City, is the inner urban district of Lhasa (city), Lhasa City, Tibet Autonomous Region, Southwestern China. Lhasa is the second most populous urban area on the Tibetan Plateau after Xining ...
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 Palestine, officially the State of Palestine, is a country in West Asia. Recognized by International recognition of Palestine, 147 of the UN's 193 member states, it encompasses the Israeli-occupied West Bank, including East Jerusalem, and th ...
as a separate country from Israel. After protests and reactions from both Chinese and Taiwanese students, The university decided later that year that it would retain the original design which coloured the People's Republic of China 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.


Campus and estate

Since 1902, LSE has been based at
Clare Market Clare Market is a historic area in central London located within the parish of St Clement Danes to the west of Lincoln's Inn Fields, between the Strand and Drury Lane, with Vere Street adjoining its western side. It was named after the food m ...
and Houghton Street (first syllable pronounced "How") in
Westminster Westminster is the main settlement of the City of Westminster in Central London, Central London, England. It extends from the River Thames to Oxford Street and has many famous landmarks, including the Palace of Westminster, Buckingham Palace, ...
. It is surrounded by a number of important institutions including the
Royal Courts of Justice The Royal Courts of Justice, commonly called the Law Courts, is a court building in Westminster which houses the High Court and Court of Appeal of England and Wales. The High Court also sits on circuit and in other major cities. Designed by Ge ...
, all four
Inns of Court The Inns of Court in London are the professional associations for barristers in England and Wales. There are four Inns of Court: Gray's Inn, Lincoln's Inn, Inner Temple, and Middle Temple. All barristers must belong to one of them. They have s ...
s,
Royal College of Surgeons The Royal College of Surgeons is an ancient college (a form of corporation) established in England to regulate the activity of surgeons. Derivative organisations survive in many present and former members of the Commonwealth. These organisations ...
,
Sir John Soane's Museum Sir John Soane's Museum is a Historic house museum, house museum, located next to Lincoln's Inn Fields in Holborn, London, which was formerly the home of Neoclassical architecture, neo-classical architect John Soane. It holds many drawings and ...
, and the West End is immediately across Kingsway from campus, which also borders the
City of London The City of London, also known as ''the City'', is a Ceremonial counties of England, ceremonial county and Districts of England, local government district with City status in the United Kingdom, city status in England. It is the Old town, his ...
and is within walking distance to
Trafalgar Square Trafalgar Square ( ) is a public square in the City of Westminster in Central London. It was established in the early-19th century around the area formerly known as Charing Cross. Its name commemorates the Battle of Trafalgar, the Royal Navy, ...
and the
Houses of Parliament The Palace of Westminster is the meeting place of the Parliament of the United Kingdom and is located in London, England. It is commonly called the Houses of Parliament after the House of Commons and the House of Lords, the two legislative ch ...
. 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 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 and the students' union operates the Three Tuns bar. The school's campus is noted for its numerous public art installations, which include Richard Wilson (sculptor), Richard Wilson's ''Square the Block'', Michael Brown's ''Blue Rain'', Christopher Le Brun's ''Desert Window'', and Turner Prize-winner
Mark Wallinger Mark Wallinger (born 25 May 1959) is an English artist. Having previously been nominated for the Turner Prize in 1995, he won in 2007 for his installation '' State Britain''. His work ''Ecce Homo'' (1999–2000) was the first piece to occupy th ...
's ''
The World Turned Upside Down "The World Turned Upside Down" is an English ballad. It was first published on a broadside in the middle of the 1640s as a protest against the policies of Parliament relating to the celebration of Christmas. Parliament believed the holiday ...
''. 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. 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 . 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. 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.


Saw Swee Hock Student Centre

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. 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. 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.


Centre Building

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. 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. The building design was recognised with RIBA's London Award and National Award in 2021.


Marshall Building

The Marshall Building, located at 44 Lincoln's Inn Fields, opened in January 2022. 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. The site was previously home to the Francis Crick Institute's laboratories, which LSE purchased in 2013.


Future expansion

The LSE acquired the Nuffield Building at 35 Lincoln's Inn Fields from the Royal College of Surgeons of England, Royal College of Surgeons in 2017 in order to redevelop the site as the Firoz Lalji Global Hub, hosting the departments of mathematics and statistics, the data science institute, and conference and executive education facilities. The new building was designed by David Chipperfield, David Chipperfield Architects, with Adamson Associates as Architect of record, executive architect. Planning permission was granted and demolition work started in 2024, with expected completion of construction by summer 2027.


Sustainability

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. 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.


Organisation and administration


Governance

Although LSE is a member institution of the federal University of London, it is also a university in its own right and awards it 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. 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 that 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 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. 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. 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.


President and vice-chancellor

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 vice-chancellor is Larry Kramer (legal scholar), Larry Kramer, who took office in April 2024. The vice-chancellor 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. † Titled as director and president


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. * 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 * School of Public Policy


Finances

In the financial year ending 31 July 2024, 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). 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). 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). 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.


Endowment

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. The LSE stated in 2016 that currently "limited endowment funding constrains our ability to offer 'needs blind' admission to students". 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. Analysis of university accounts by ''Times Higher Education'' found that the LSE came third for fundraising in 2023–24 among the 119 members of Universities UK, with £49.3 million in donations and new endowments, behind only Oxford and Cambridge.


Academic year

LSE operates on 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.


Logo, arms and mascot

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. 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. 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. 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

In 2024, The London School of Economics received 28,000 applications for roughly 1,850 undergraduate places or 15 applicants per place. All undergraduate applications, including international applications, are made through UCAS. 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. 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. 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. 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.


Programmes and degrees

the school offers over 40 undergraduate programmes, over 140 taught master's programmes, and research master's and PhD programmes. Subjects pioneered in Britain by LSE include accountancy and sociology, and the school also employed Britain's first full-time lecturer in economic history. Courses are split across more than thirty research centres and nineteen departments, plus a Language Centre. In partnership with the federal University of London, LSE oversees nine BSc programmes as the lead institution which designs the curriculum. 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. 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, some departments have as few as 90 students across the three years of study. Since September 2010, it has been compulsory for first year undergraduates to participate in LSE 100: Understanding the Causes of Things alongside normal studies. From 1902, following its absorption into the
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in Post-nominal letters, post-nominals) is a collegiate university, federal Public university, public research university located in London, England, United Kingdom. The ...
, 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. LSE was granted the power to begin awarding its own degrees from July 2008. 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. 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.


Research

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. 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 and was ranked third by cumulative grade point average with a score of 3.35, beating both University of Oxford and University of Cambridge. 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. 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, 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 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.


Research centres

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. 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. 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.


LSE IDEAS

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. 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.


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 Paris, Sciences Po in Paris. 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. 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 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, 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. 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. 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. The school is a member of the
Association of Commonwealth Universities The Association of Commonwealth Universities (ACU) is a charitable organization that was established in 1913, and has over 400 member institutions in over 40 countries across the Commonwealth of Nations, Commonwealth.European University Association The European University Association (EUA) represents more than 800 institutions of higher education in 48 countries, providing them with a forum for cooperation and the exchange of information on higher education and research policies. Members of ...
, the G5 (universities), G5, the Global Alliance in Management Education, the
Russell Group The Russell Group is a self-selected association of twenty-four public research universities in the United Kingdom. The group is headquartered in Cambridge and was established in 1994 to represent its members' interests, principally to governme ...
and Universities UK, 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 The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209, the University of Cambridge is the List of oldest universities in continuous operation, wo ...
,
University College London University College London (Trade name, branded as UCL) is a Public university, public research university in London, England. It is a Member institutions of the University of London, member institution of the Federal university, federal Uni ...
, Imperial College London, and King's College London.(Names Oxford, Cambridge, UCL, Imperial and King's but not LSE)(Names Oxford Cambridge and 'typically' LSE, King's, UCL and Imperial) (Names Oxford, Cambridge, UCL and Imperial but not LSE)(Names Oxford, Cambridge, UCL, Imperial, King's and LSE) LSE's European Institute offers a Double Degree in European and International Public Policy and Politics with Bocconi University in Milan.


Libraries and archives

LSE's main library, the British Library of Political and Economic Science, is located in the
Lionel Robbins Lionel Charles Robbins, Baron Robbins, (22 November 1898 – 15 May 1984) was a British economist, and prominent member of the economics department at the London School of Economics (LSE). He is known for his leadership at LSE, his proposed de ...
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. Its collections are recognised for their national and international significance and hold 'Designation' status by the Museums, Libraries and Archives Council (MLA). 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. The Digital Library contains digitised material from LSE Library collections and also born-digital material that has been collected and preserved in digital formats. 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. 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. 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.


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. It is advertised as the largest and one of the most well-established university Summer Schools of its kind in Europe. 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.


Public lectures

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. LSE organises over 200 public events every year. 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 Muammar Muhammad Abu Minyar al-Gaddafi (20 October 2011) was a Libyan military officer, revolutionary, politician and political theorist who ruled Libya from 1969 until Killing of Muammar Gaddafi, his assassination by Libyan Anti-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. 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 Lionel Charles Robbins, Baron Robbins, (22 November 1898 – 15 May 1984) was a British economist, and prominent member of the economics department at the London School of Economics (LSE). He is known for his leadership at LSE, his proposed de ...
Memorial Lectures and the Ralph Miliband programme.


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.


Rankings and reputation

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. LSE is ranked third in the UK in the Complete University Guide 2025, and fourth in the Guardian University Guide 2025. 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." 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. 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. 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. 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. 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. The LSE had scored well below its benchmark on this measure in previous years, coming 145th out of 148 in 2017. The increase in student satisfaction in 2020 led to a climb of 14 places to fifth in the 2021 Guardian ranking.


Student life


Student body

In , LSE's student body consisted of students, composed of undergraduates and postgraduate students. In 2023/24, 8,225 students came from outside the United Kingdom (64% of the total student body). This were primarily posgraduate students, of which 5,540 (77% of all postgraduates) were from outside the United Kingdom. The undergraduate population was close to evenly split between students from the UK (53%) and international students (47%). The student body in 2024/25 was 57% female and 43% male.


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, which made international headlines. In 2015, the school was awarded the top spot for student nightlife by ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...
'' newspaper 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. 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. Over £150,000 is raised for charity each year through the RAG (Raising and Giving), the fundraising arm of the Students' Union, which was started in 1980 by then Student Union Entertainments Officer and former New Zealand MP Tim Barnett (politician), Tim Barnett. Sporting activity is coordinated by the LSE Athletics Union, which is a constituent of British Universities & Colleges Sport (BUCS).


Student housing

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 The University of London (UoL; abbreviated as Lond or more rarely Londin in Post-nominal letters, post-nominals) is a collegiate university, federal Public university, public research university located in London, England, United Kingdom. The ...
) within a 3-mile radius of the school, for a total of over 4,000 places. 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. There are also flats available on Anson and Carleton roads, which are reserved for students with children. 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. 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 Covent Garden is a district in London, on the eastern fringes of the West End, between St Martin's Lane and Drury Lane. It is associated with the former fruit-and-vegetable market in the central square, now a popular shopping and tourist sit ...
, 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. The largest LSE student residence, Bankside House, a refurbished early 1950s office block and former headquarters of the Central Electricity Generating Board, 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. 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.


Notable people

File:Dr. Bhimrao Ambedkar.jpg, B. R. Ambedkar, The chief architect of the Constitution of India, Indian Constitution and India's 1st Minister of Law and Justice, Minister of Law. File:Jomo Kenyatta 1966-06-15.jpg, Jomo Kenyatta, President of Kenya (1964–1978). File:President K. R. Narayanan.jpg, K. R. Narayanan, President of India (1997–2002). 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:Photo by Tsai Ing-wen.jpg, Tsai Ing-wen, President of Republic of China (
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...
) (2016–2024). File:Pierre Elliot Trudeau-2.jpg, Pierre Trudeau, Prime Minister of Canada (1968–1979; 1980–1984). File:Tharman Shanmugaratnam Official photo 2023.tif, Tharman Shanmugaratnam, the 9th President of Singapore. File:Mwai Kibaki 2011-07-08.jpg, Mwai Kibaki, Mwai Kibaki, 3rd President of Kenya (2002–2013). File:Kim Campbell (cropped).jpg, Kim Campbell, Prime Minister of Canada (1993). File:George Soros 47th Munich Security Conference 2011 crop.jpg, George Soros, billionaire investor, philanthropist and political activist. File:Kamisese Mara.jpg, Kamisese Mara, founding father and Prime Minister of Fiji (1970–1987; 1987–1992). File:Official portrait of Rachel Reeves crop 2.jpg, Rachel Reeves Chancellor of the Exchequer of the United Kingdom. File:David Rockefeller, 1984 (cropped).jpg, David Rockefeller Former Chairman and CEO of Chase Bank. File:Paulvolcker.jpg, Paul Volcker;12th Chair of the Federal Reserve, Federal Reserve of the United States. File:Robert Rubin headshot.jpg, Robert Rubin, 70th U.S. United States Secretary of the Treasury, Secretary of the Treasury during the Clinton administration. File:Yang Jiechi Japan 2020.jpg, Yang Jiechi; Former Minister of Foreign Affairs (China), Foreign Minister of China (2007-2013). File:Tarō Asō 20170920.jpg, Tarō Asō, Former Prime Minister of Japan (2008-2009); Deputy Prime Minister of Japan, Deputy Prime Minister and Minister of Finance (Japan), Minister of Finance (2012-2021). File:Yemi Osinbajo 2017-05-27.jpg, Yemi Osinbajo, Vice President of Nigeria (2015-2023). File:Portrait of Secretary Robert F. Kennedy Jr., 2025.jpg, Robert F. Kennedy Jr., Robert F. Kennedy Jr, 26th U.S. United States Secretary of Health and Human Services, Secretary of Health and Human Services in the Trump Cabinet (2025–present). File:Sir David Attenborough (cropped).jpg, David Attenborough, English broadcaster, biologist, natural historian and writer. File:RuthPorat2016.jpg, Ruth Porat, President and Chief Investment Officer of Alphabet Inc., Alphabet and its subsidiary, Google. File:Alexander Stubb in 2024 (cropped).jpg, Alexander Stubb, President of Finland (2024–present). Prime Minister of Finland (2014-2015). File:George Papandreou 1-1.jpg, George Papandreou, Prime Minister of Greece (2009-2011). The LSE has a long list of notable alumni and staff, spanning the fields of all scholarship provided by the school. Since 1990, the London School of Economics has educated 24 heads of state or government, the second highest of any university in the United Kingdom after the University of Oxford. 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, 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. Former British Prime Minister Clement Attlee taught at the school from 1912 to 1923. In recent British politics, former LSE students include
Virginia Bottomley Virginia Hilda Brunette Maxwell Bottomley, Baroness Bottomley of Nettlestone, (née Garnett, born 12 March 1948) is a British Conservative Party politician and headhunter. She was a Member of Parliament (MP) in the House of Commons from 198 ...
, 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 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. 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. 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.


Faculty and Nobel laureates

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


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.


Novels

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. 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. 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. 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).


Television

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. A fictional LSE graduate also appears in season three episode six of the US series, ''Mad Men (season 3), Mad Men''. 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. 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.


Film

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. 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


References


Further reading

* * "Determined Challengers Keep Heat on the Elite", ''The Times Higher Education Supplement'', 28 October 2005 *
1969: LSE closes over student clashes
, BBC News *

, "IDEAS, University of Connecticut, Top 20% UK institutions"


External links

*
Catalogue of the archives of LSE

Memorandum about the school by William Beveridge, 1935

Catalogue of School minute books, 1894–
{{DEFAULTSORT:London School Of Economics London School of Economics, University of London Education in the City of Westminster Russell Group Universities and colleges established in 1895 1895 establishments in England 1895 in economic history Political science in the United Kingdom Universities UK