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London School of Economics

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London School of Economics
NameLondon School of Economics
Established1895
TypePublic research university
Endowment£155.1 million (2022)
ChancellorThe Princess Royal
PresidentMinouche Shafik
Academic staff1,705 (2021/22)
Administrative staff2,185 (2021/22)
Students12,850 (2021/22)
CityLondon
CountryEngland, United Kingdom
CampusUrban
AffiliationsUniversity of London, Russell Group, EUA, ACU, G5, Golden Triangle

London School of Economics. Founded in 1895 by Fabian Society members Beatrice Webb, Sidney Webb, Graham Wallas, and George Bernard Shaw, it was established to promote the scientific study and improvement of social and economic conditions. A constituent college of the University of London since 1900, it has grown into a world-leading social science institution, renowned for its research output and influence on public policy, with a distinctly international student body and faculty.

History

The institution was created with funding from a bequest left to the Fabian Society by an anonymous donor, later revealed to be Henry Hunt Hutchinson. Its early development was shaped by its first director, William Hewins, and it quickly gained a reputation for rigorous scholarship, attracting influential early scholars like Edwin Cannan and Halford Mackinder. It played a significant role during the Second World War, temporarily relocating to Cambridge while its Houghton Street campus in Aldwych was used by the government. Post-war expansion under directors such as Alexander Carr-Saunders and Walter Adams saw its global prestige solidify, further cemented by its association with numerous Nobel laureates and world leaders.

Academics and research

It is organized into over 25 academic departments and institutes, including the renowned Department of Economics, Department of Government, and Department of International Relations. It is a founding member of the Russell Group of research-intensive universities and part of the Golden Triangle. Research is concentrated within specialist units like the Centre for Economic Performance and the International Growth Centre. The institution awards its own degrees while remaining part of the University of London federation. Its academic staff have been awarded numerous prestigious honors, including the Nobel Memorial Prize in Economic Sciences, the Fields Medal, and the John Bates Clark Medal.

Campus and location

The main campus is located in the London Borough of Camden, centred on Houghton Street and Aldwych in central London, adjacent to the Royal Courts of Justice and close to the City of London. Its iconic buildings include the British Library of Political and Economic Science (LSE Library), designed by Norman Foster, and the LSE Centre Building by Rogers Stirk Harbour + Partners. The campus is integrated into the urban fabric of Westminster, with other key facilities including the LSE Saw Swee Hock Student Centre and residences scattered across locations like Bankside and Lilian Knowles House.

Student life and culture

Student life is dominated by the LSE Students' Union, one of the oldest in the United Kingdom, which oversees over 200 societies ranging from the famous LSE SU Grimshaw Club to political forums and international groups. The student newspaper, *The Beaver*, is a long-standing publication. The institution is known for its high-profile public lecture series, including those hosted at the LSE Old Theatre and LSE Sheikh Zayed Theatre, featuring speakers from global institutions like the International Monetary Fund and the United Nations. Traditional events include the LSE Festival and the LSE Students' Union elections, which are often fiercely contested.

Notable people

Its community includes an exceptional number of influential figures in public life. Alumni and former staff include over 55 past or present heads of state or government, such as John F. Kennedy, Pierre Trudeau, and Mario Draghi. Notable Nobel laureates affiliated include Friedrich Hayek, Amartya Sen, and Christopher A. Pissarides. Other distinguished individuals range from philosopher Karl Popper and anthropologist Bronisław Malinowski to legal scholar Hersch Lauterpacht and political advisor David Petraeus. In business, figures like Mick Jagger and George Soros have also been associated.

Category:Universities in London Category:Russell Group