Founded byFabian Society membersSidney Webb,Beatrice Webb,Graham Wallas, andGeorge Bernard Shaw, a Nobel Laureate and Fabian member, LSE joined the University of London in 1900 and offered its first degree programmes under the auspices of that university in 1901.[6] In 2008, LSE began awarding degrees in its own name.[7] LSE became a university in its own right within the University of London in 2022.[8]
LSE is located in theLondon Borough of Camden andWestminster,Central London, near the boundary betweenCovent Garden andHolborn in the area historically known asClare Market. As of 2023/24, LSE had under 13,000 students, with a majority enrolled being postgraduate students and just under two thirds coming from outside the United Kingdom. The university has thesixth-largest endowment of any university in the UK and it had an income of £525.6 million in 2023/24, of which £41.4 million was from research grants.[1]
LSE records that the proposal to establish the school was conceived during a breakfast meeting on 4 August 1894, between the Webbs, Louis Flood, andGeorge Bernard Shaw.[14] The proposal was accepted by the trustees in February 1895[19] and LSE held its first classes in October of that year, in rooms at 9 John Street,Adelphi,[20] in theCity of Westminster.
The school joined the federalUniversity of London in 1900 and was recognised as a Faculty of Economics of the university. The University of London degrees ofBSc (Econ) andDSc (Econ) were established in 1901, the first university degrees dedicated to the social sciences.[20] 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 byKing George V in 1920;[14] the building was opened in 1922.[20]
The school's arms,[21] including its motto and beaver mascot, were adopted in February 1922,[22] on the recommendation of a committee of twelve, including eight students, which was established to research the matter.[23] The Latin motto,rerum cognoscere causas, is taken fromVirgil'sGeorgics. Its English translation is "to Know the Causes of Things"[22] and it was suggested by ProfessorEdwin Cannan.[14] The beaver mascot was selected for its associations with "foresight, constructiveness, and industrious behaviour".[23]
Friedrich Hayek, who taught at LSE during the 1930s and 1940s
The economic debate between the LSE and theUniversity of Cambridge 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'sEdwin 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.)[24]
The dispute also concerned the question of the economist's role, and whether this should be as a detached expert or a practical adviser.[25] 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.[26] 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 theGreat Depression.[27]
The main figures in this debate wereJohn Maynard Keynes from Cambridge and the LSE'sFriedrich Hayek. The LSE economistLionel 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 asKeynesian economics, involving the active participation of the state and public sector, while Hayek and Robbins followed theAustrian School, which emphasised free trade and opposed state involvement.[27]
During World War II, the school decamped from London to the University of Cambridge, occupying buildings belonging toPeterhouse.[28]
Following the decision to establish a modernbusiness school within the University of London in the mid-1960s, the idea was discussed of setting up a "Joint School of Administration, Economics, and Technology" between the LSE andImperial College. However, this avenue was not pursued and instead, theLondon Business School was created as a college of the university.[29]
In 1966, the appointment of SirWalter Adams as director sparked opposition from the student union and student protests. Adams had previously been principal of theUniversity College of Rhodesia and Nyasaland, and the students objected to his failure to opposeRhodesia's Unilateral Declaration of Independence and cooperation with the white minority government. This broadened into wider concerns about links between the LSE and its governors and investments in Rhodesia and South Africa and concerns over LSE's response to student protests. These led to the closure of the school for 25 days in 1969 after a student attempt to dismantle the school gates resulted in the arrest of over 30 students. Injunctions were taken out against 13 students (nine from LSE), with three students ultimately being suspended, two foreign students being deported, and two staff members seen as supporting the protests being fired.[14][30][31]
In the early 21st century, the LSE had a wide impact on British politics.The Guardian described such influence in 2005 when it stated:
Once again the political clout of the school, which seems to be closely wired into parliament, Whitehall, and the Bank of England, is being felt by ministers. ... The strength of LSE is that it is close to the political process:Mervyn King, was a former LSE professor. The former chairman of the House of Commons education committee,Barry Sheerman, sits on its board of governors, along with Labour peerLord (Frank) Judd. Also on the board are Tory MPsVirginia Bottomley andRichard Shepherd, as well asLord Saatchi andLady Howe.[34]
Commenting in 2001 on the rising status of the LSE, the British magazineThe 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 MrGiddens 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 asRichard Sennett.[35]
In 2006, the school published a report disputing the costs ofBritish government proposals to introduce compulsory ID cards.[36][37][38] LSE academics were also represented on numerous national and international bodies in the early 21st century, including the UK Airports Commission,[39] Independent Police Commission,[40] Migration Advisory Committee,[41] UN Advisory Board on Water and Sanitation,[42] London Finance Commission,[43]HS2 Limited,[44] the UK government's Infrastructure Commission[45] and advising on architecture and urbanism for the London 2012 Olympics[46]
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.[14]
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.[47] 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.[48][49]
In February 2011, LSE had to face the consequences ofmatriculating one ofMuammar Gaddafi's sons while accepting a £1.5m donation to the university from his family.[50] LSE directorHoward Davies resigned over allegations about the institution's links to the Libyan regime.[51] 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 justiceHarry Woolf.[51]
In 2013, the LSE was featured in aBBCPanorama documentary on North Korea, filmed inside the repressive regime by undercover journalists attached to a trip by theLSE's Grimshaw Club, astudent society of the international relations department. The trip had been sanctioned by high-level North Korean officials.[52][53] The trip caused international media attention as a BBC journalist was posing as a part of LSE.[54] There was debate as to whether this put the students' lives in jeopardy in the repressive regime if a reporter had been exposed.[55] The North Korean government made hostile threats towards the students and LSE after the publicity, which forced an apology from the BBC.[53]
In August 2015, it was revealed that the university was paid approximately £40,000 for a "glowing report" forCamila Batmanghelidjh's charity,Kids Company.[56] 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 charityStonewall, 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.[57][58]
In 2024 emails between LSE senior staff described students wearingkeffiyeh who were protesting the university's investments inIsrael as being "dressed as terrorists".[59]
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.[60] The dispute organised by theUVW 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.[61]Owen Jones did not cross the picket line after arriving for a debate on grammar schools withPeter Hitchens.[62] It was announced in June 2018 that some 200 outsourced workers at the LSE would be offered in-house contracts.[63]
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,[64] according to Higher Education Statistical Agency data (internal LSE data puts the latest figure at 58.5%).[65] During this same period, comparable universities such asUniversity of Edinburgh,University College London andImperial all increased their rates of permanent staff relative to those on fixed term contracts.[64] 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.[64] 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.[64] 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.[65] 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.[65]
In response to industrial action, which included not marking student work, taken byUCU 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.[66] The LSE also introduced an 'Exceptional Degree Classification Schemes' policy,[67] 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.[67]
A sculpture byMark Wallinger,The World Turned Upside Down, which features a globe resting on its north pole, was installed in Sheffield Street on the LSE campus on 26 March 2019. The artwork attracted controversy for showingTaiwan as a sovereign state rather than as part ofChina,[68][69][70]Lhasa being denoted as a full capital and depictingboundaries between India and China as recognised internationally. The sculpture also did not depict theState of Palestine as a separate country from Israel.
After protests and reactions from both Chinese and Taiwanese students,[71][72] 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.[73][74]
In 1920,King George V laid the foundation of the Old Building. The campus now occupies an almost continuous group of around 30 buildings betweenKingsway andAldwych. Alongside teaching and academic space, the institution owns 11 student halls of residence across London, a West End theatre (thePeacock), early years centre,NHS medical centre and extensive sports ground in Berrylands, south London. LSE operates the George IV public house[76] and the students' union operates the Three Tuns bar.[77] The school's campus is noted for its numerous public art installations, which includeRichard Wilson'sSquare the Block,[78] Michael Brown'sBlue Rain,[79]Christopher Le Brun'sDesert Window,[80] andTurner Prize-winnerMark Wallinger'sThe World Turned Upside Down.[81][82][83]
Centre Building, opened in 2019
Since the early 2000s, the campus has undergone an extensive refurbishment project and a major fund-raising "Campaign for LSE" raised over £100 million in what was one of the largest university fund-raising exercises outside North America. This process began with the £35 million renovation of theBritish Library of Political and Economic Science byFoster and Partners.[84]
The Cheng Kin Ku Building (CKK) houses the LSE Law School and the Department of Geography and Environment.
In 2003, LSE purchased the former Public Trustee building at 24 Kingsway and engagedSir Nicholas Grimshaw to redesign it into an ultra-modern educational facility at a total cost of over £45 million – increasing the size of the campus by 120,000 square feet (11,000 m2). The New Academic Building opened for teaching in October 2008, with an official opening byHer Majesty the Queen and theDuke of Edinburgh on 5 November 2008.[85] 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 listedLand Registry Building at32 Lincoln's Inn Fields in October 2010, which was reopened in March 2013 byThe 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 onLincoln'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.[86]
The first new campus building for more than 40 years, theSaw Swee Hock Student Centre, named after the Singaporean statistician and philanthropist, opened in January 2014 following anarchitectural design competition managed byRIBA Competitions.[87][88] The building provides accommodation for theLSE 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.[89] Designed by architectural practice O'Donnell and Tuomey, the building achieved aBREEAM 'Outstanding' rating for environmental sustainability, won multiple awards including the RIBA National Award and London Building of the Year Award, and was shortlisted for theStirling Prize.[90][91][92][93]
The 16th-century Old Curiosity Shop is now owned (freehold) and managed by the LSE.
The Centre Building, situated opposite the British Library of Political and Economic Science, opened in June 2019. Designed byRogers 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.[94] 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.[95][96][97] The building design was recognised with RIBA's London Award and National Award in 2021.[98][99][100][101]
The Marshall Building, located at 44 Lincoln's Inn Fields, opened in January 2022.[102] Designed by Grafton Architects and named after British investorPaul Marshall, the building houses the Departments of Management, Accounting, and Finance, sports facilities, and the Marshall Institute for Philanthropy and Social Entrepreneurship.[103][104][105] The site was previously home to theFrancis Crick Institute's laboratories, which LSE purchased in 2013.[106][107]
LSE Campus as viewed from the terrace of the New Academic Building in January 2018, showing the Centre Building's redevelopment and the demolition of 44 Lincoln's Inn Fields
The LSE acquired the Nuffield Building at 35 Lincoln's Inn Fields from theRoyal College of Surgeons in 2017[108] 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.[109] The new building was designed byDavid Chipperfield Architects, withAdamson Associates asexecutive architect.[110] Planning permission was granted and demolition work started in 2024, with expected completion of construction by summer 2027.[109]
In 2021, LSE claimed to be the first UK university to be independently verified as carbon-neutral, which it achieved by funding rainforest trees tooffset emissions through the Finnish organisation (Oy) Compensate.[111][112] However, LSE omitted some of its emissions in its calculation and thus did not offset all of them. While it measured and offset emissions from heating, electricity, and faculty air travel, the school left out other travel-related emissions, as well as emissions from construction and on-campus food. LSE plans to offset the remaining emissions (scope 1 through 3) by 2050.[113][114][115]
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 theCompanies Act as a company limited by guarantee and is an exempt charity within the meaning of Schedule Two of theCharities Act 1993.[116] 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.[116]
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.[116]
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.[116]
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.[116] Since theCOVID-19 pandemic, the Academic Board has moved online and has not yet returned to in-person meetings, changing the dynamic of engagement.
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 theOffice for Students financial memorandum. The LSE's current vice-chancellor isLarry Kramer, who took office in April 2024.[117]
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.[118]
Presidents and vice-chancellors (directors before 2022)
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
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).[1] Key sources of income included £316.4 million from tuition fees and education contracts (2022/23 – £295.0 million), £26.8 million from funding body grants (2022/23 – £29.1 million), £41.4 million from research grants and contracts (2022/23 – £39.6 million), £11.6 million from investment income (2022/23 – £7.8 million) and £49.3 million from donations and endowments (2022/23 – £22.7 million).[1]
At year end, the LSE had endowments of £255.5 million (2022/23 – £229.3 million) and total net assets of £1.009 billion (2022/23 – £793.2 million).[1]
TheTimes 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.[121]
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.[122] The LSE stated in 2016 that currently "limited endowment funding constrains our ability to offer 'needs blind' admission to students".[123] In the ten-year period between 2015 and 2024, the endowment more than doubled from £113 million to £255 million, making it thesixth-largest endowment of any university in the UK.[124][1] Analysis of university accounts byTimes Higher Education found that the LSE came third for fundraising in 2023–24 among the 119 members ofUniversities UK, with £49.3 million in donations and new endowments, behind only Oxford and Cambridge.[125]
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.[126]
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 fromVirgil'sGeorgics meaning "to know the causes of things", together with the school's mascot – abeaver. 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.[127] The school's weekly newspaper is still entitledThe Beaver, Rosebery residence hall's bar is called the Tipsy Beaver and LSE sports teams are known as the Beavers.[128] 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.[129] 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.
In 2025, The London School of Economics received 30,000 applications for roughly 1900 undergraduate places or 16 applicants per place.[133] All undergraduate applications, including international applications, are made throughUCAS.[133] LSE had the 8th highest average entry qualification for undergraduates of any UK university in 2021–22, with new students averaging 195UCAS points.[132] 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.[134][135]
Prospective Postgraduate students applying to the LSE are required to have a first or upper second Class UKhonours 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.[136] 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.[137][138]
As of 2024,[update] the school offers over 40 undergraduate programmes,[139] over 140 taught master's programmes, and research master's and PhD programmes.[140] Subjects pioneered in Britain by LSE includeaccountancy andsociology, and the school also employed Britain's first full-time lecturer in economic history.[141] Courses are split across more than thirty research centres and nineteen departments, plus a Language Centre.[142] In partnership with the federal University of London, LSE oversees nine BSc programmes as the lead institution which designs the curriculum.[143] 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.[144]
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.[145] At undergraduate level, some departments have as few as 90 students across the three years of study.[citation needed] Since September 2010,[citation needed] it has been compulsory for first year undergraduates to participate in LSE 100: Understanding the Causes of Things alongside normal studies.[146]
From 1902, following its absorption into theUniversity of London, until 2007, all degrees were awarded by the federal university in common with all other colleges of the university. This system was changed in 2007 to enable some colleges to award their own degrees.[citation needed] LSE was granted the power to begin awarding its own degrees from July 2008.[7] All students entering from the 2007–08 academic year onwards received an LSE degree, while students who started before this date were issued University of London degrees.[147][148][149] In conjunction withNYU Stern andHEC Paris, LSE also offers theTRIUM Executive MBA. This was globally ranked third among executive MBAs by theFinancial Times in 2016.[150]
According to the 2021Research 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.[151] 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[152] and was ranked third by cumulative grade point average with a score of 3.35, beating both University of Oxford and University of Cambridge.[153] It was ranked 23rd in the country for research power byResearch Fortnight based on its REF 2014 results, and 28th in research power by theTimes Higher Education.[152][154] This followed theResearch 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,[155] fourth equal for GPA and 29th for research power in Times Higher Education's analysis,[152] and 27th in research power by Research Fortnight's analysis.[154]
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.[156]
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.[161] 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, afterHarvard University'sBelfer Center for Science and International Affairs.[162]
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 theUniversity 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.[168][169] It also participates in Key Action 1 of theEuropean Union-wideErasmus+ programme, encouraging staff and student mobility for teaching, although not the other Key Actions in the programme.[170]
The interior of the main LSE library, designed byNorman Foster
LSE's main library, theBritish Library of Political and Economic Science, is located in theLionel Robbins Building, which reopened in 2001 following a two-year renovation byFoster 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.[178][179] Its collections are recognised for their national and international significance and hold 'Designation' status by theMuseums, Libraries and Archives Council (MLA).[180] 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.[181] The Digital Library contains digitised material from LSE Library collections and alsoborn-digital material that has been collected and preserved in digital formats.[182]
TheShaw 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 theFabian Window, which was unveiled by Prime MinisterTony Blair in 2006.[187][188]
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 fromSenate House Library, theSOAS Library, and select institutions through theSCONUL Access scheme.[189][190][191]
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.[192] It is advertised as the largest and one of the most well-established university Summer Schools of its kind in Europe.[193]
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 withPeking University), the LSE-UCT July School in Cape Town (run with theUniversity 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.[194]
Nelson Mandela arriving at LSE in 2000 to deliver a public lecture
Public lectures hosted by the LSE Events office, are open to students, alumni and the general public. As well as leading academics and commentators, speakers frequently include prominent national and international figures such as ambassadors, CEOs,Members of Parliament, and heads of state. A number of these are broadcast live around the world via the school's website.[195] LSE organises over 200 public events every year.[196]
There are also a number of annual lecture series hosted by various departments. These include but are not limited to theMalinowski Memorial Lectures hosted by the department of anthropology, theLionel Robbins Memorial Lectures and theRalph Miliband programme.[198]
In 2018, the university launched LSE Press in partnership withUbiquity 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 theJournal of Illicit Economies and Development, edited by John Collins, executive director of LSE's International Drug Policy Unit. The press is managed through theLSE Library.[199]
London School of Economic'snational league table performance over the past ten years
LSE is ranked first in the UK in the Times/Sunday Times Good University Guide 2025, in addition to being awarded University of the Year. It was also named as runner-up for University of the Year for Graduate Employment.[206]
LSE is ranked third in the UK in the Complete University Guide 2025,[207] and fourth in the Guardian University Guide 2025.[201]
Ian Diamond, former chief executive of theEconomic and Social Research Council and later vice-chancellor of theUniversity of Aberdeen, a member of the THE editorial board, wrote toTimes 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."[208]
The 2024Times 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.[209] TheAcademic 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.[210]
According to data released by theDepartment 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.[211]
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.[212] The LSE was the only UK university to make the list.
In the 2020National Student Survey LSE came 64th out of 154 for overall student satisfaction.[213] The LSE had scored well below its benchmark on this measure in previous years, coming 145th out of 148 in 2017.[214][215] The increase in student satisfaction in 2020 led to a climb of 14 places to fifth in the 2021 Guardian ranking.[216]
In 2023/24, LSE's student body consisted of 12,910 students, composed of 5,680 undergraduates and 7,230 postgraduate students.[4] 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%).[220] The student body in 2024/25 was 57% female and 43% male.[221]
TheLSE Students' Union (LSESU) is affiliated to theNational 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,[222][223] which made international headlines. In 2015, the school was awarded the top spot for student nightlife byThe Guardian newspaper[224] 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.[225]
A weekly student newspaperThe 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 stationLooSE Television since 2005. TheClare Market Review one of Britain's oldest student publications was revived in 2008.[226] Over £150,000 is raised for charity each year through the RAG (Raising and Giving), the fundraising arm of the Students' Union,[227] which was started in 1980 by then Student Union Entertainments Officer and former New Zealand MPTim Barnett.[228]
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 theUniversity of London) within a 3-mile radius of the school, for a total of over 4,000 places.[229] 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 byUnite Students, takes postgraduates and continuing students.[230] There are also flats available on Anson and Carleton roads, which are reserved for students with children.[231]
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.[232] Whilst none of the residences are located at the Aldwych campus, the closest, Grosvenor House is within a five-minute walk from the school inCovent Garden, whilst the farthest residences (Nutford andButler's Wharf) are approximately forty-five minutes byTube orBus.
Each residence accommodates a mixture of students both home and international, male and female, and, usually, undergraduate and postgraduate. New undergraduate students (includingGeneral Course students) occupy approximately 55% of all spaces, with postgraduates taking approximately 40% and continuing students about 5% of places.[232]
The largest LSE student residence, Bankside House, a refurbished early 1950s office block and former headquarters of theCentral Electricity Generating Board,[233] opened to students in 1996 and is fully catered, accommodating 617 students across eight floors overlooking the River Thames. It is located behind theTate Modern art gallery on the south bank of the river.[234][235] The second-largest residence, the High Holborn Residence inHigh 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 or five bedrooms with shared facilities.[236]
LSE has produced a distinguished group of alumni from across Asia who have held influential positions in politics, governance, and public service. This includesBhimrao Ramji Ambedkar, India’s first Law Minister and architect of the Indian Constitution;Zaini Ahmad, Bruneian politician and rebel during the 1962 Brunei revolt;Piyasvasti Amranand, Thailand's Energy Minister;Sonny Angara, senator of the Philippines;Ferdinand Alexander “Sandro” Araneta Marcos III, Congressman and member of the prominent Marcos political family;Anna Mae Yu Lamentillo, former Philippine Undersecretary of the Department of Information and Communications Technology;Khawaja Muhammad Asif, Pakistan’s Defence Minister;Makhdoom Khusro Bakhtiar, former Deputy Foreign Minister of Pakistan;Jyoti Basu, veteran Indian politician and long-serving Chief Minister of West Bengal;Raghav Chadha, Member of Parliament in India’s Rajya Sabha;Jayant Chaudhary, IndianRajya Sabha MP from Uttar Pradesh;Mohibul Hasan Chowdhury, Deputy Education Minister of Bangladesh;Audrey Eu, former Chairperson of Hong Kong’s Civic Party;Feroze Gandhi, Indian politician and journalist;Leslie Goonewardene, Sri Lankan statesman and Trotskyist activist;Hishammuddin Hussein, Malaysia’s Minister of Defence;Lakshmi Kant Jha, former Governor of the Reserve Bank of India and Indian Ambassador to the U.S.;Yang Jiechi, senior Chinese Communist Party official and former Foreign Minister;Sir Yuet Keung Kan, Hong Kong politician, banker, and lawyer;Khan Abdul Qayyum Khan, Pakistani political leader and first Chief Minister of the North-West Frontier Province;Emily Lau, Hong Kong legislator;Marvi Memon, Pakistani National Assembly member;Krishna Menon, former Indian Defence Minister and UN representative;Marty Natalegawa, former Indonesian Foreign Minister;Melvyn Ong, Singapore’s Chief of Defence Force;Ong Ye Kung, Singapore’s Minister for Health and former Minister for Education and Transport;C. R. Pattabhiraman, Indian Union Minister and MP;Emília Pires, former Finance Minister of Timor-Leste;Sajith Premadasa, Opposition Leader of Sri Lanka;Pramod Ranjan Sengupta, Indian Marxist intellectual;Ghazali Shafie, former Malaysian Foreign Minister;Juwono Sudarsono, Indonesian Defence Minister;Goh Keng Swee, former Deputy Prime Minister of Singapore;Tan Chuan-Jin, former Speaker of the Singapore Parliament;Kashmala Tariq, Member of Pakistan’s National Assembly;Josephine Teo, Singaporean Minister for Communications and Information; andFadli Zon, former Deputy Speaker of Indonesia’s People's Representative Council.
A survey by employment specialistsEmolument.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.[241]
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 ofDaniel Pearl.The Guardian reported that Sheikh came into contact with radical Islamists at the LSE.[242]
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 byIan Fleming's CV ofJames Bond that included the detail that his father, Andrew, is an LSE graduate.[244] These occurrences have continued into contemporary fiction: Lenny is the young 'hip' LSE graduate and criminologist inJake Arnott's tour of the London underworld inThe Long Firm.Robert Harris'Enigma includes Baxter, a code breaker with leftist views, who has been an LSE lecturer before the war andMy Revolutions byHari Kunzru traces the career of Chris Carver aka Michael Frame who travels from LSE student radical to terrorist and on to middle England.[244]
LSE alumnaHilary Mantel, inThe Experience of Love, never mentions LSE by name butHoughton 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'sThe Children's Book returns to LSE's Fabian roots with a plot inspired in part by the life of children's writerE. Nesbitt and FabianHubert Bland, and characters that choose LSE over older educational establishments (namelyOxford andCambridge).
The popular 1980s British sitcomYes Minister andYes Prime Minister make regular references to the LSE with MinisterJim Hacker (later Prime Minister) and Sir Mark Spencer (special advisor to the Prime Minister) regularly being subtly ridiculed for having attended the LSE.[245] A fictional LSE graduate also appears in season three episode six of the US series,Mad Men.[245] The popular American seriesThe West Wing following the Democratic administration ofJosiah (Jed) Bartlet makes several references to Josiah Bartlet being an alumnus of the LSE.[245] Other fictional LSE alumni are present inSpooks, at least one episode ofThe Professionals andThe Blacklist series.
In the 2014 action spy thrillerShadow Recruit, the youngJack 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.[245] The LSE is acknowledged inThe Social Network naming the institution along withOxford andCambridge universities in a reference to the rapid growthFacebook enjoyed both within and outside the United States in its early years.
^Includes those who indicate that they identify asAsian,Black,Mixed Heritage,Arab or any other ethnicity except White.
^Calculated from the Polar4 measure, using Quintile1, in England and Wales. Calculated from theScottish Index of Multiple Deprivation (SIMD) measure, using SIMD20, in Scotland.
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![Clement Attlee, Prime Minister of the United Kingdom (1945–1951). [Nominated for 1955 Peace Prize - none awarded]](/mt/?noimg=&dark=on&url=http%3a%2f%2fen.wikipedia.org%2fwiki%2fFile%3aClement_Attlee.PNG)
