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Academic departments and institutes

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

  • 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

The LSE group has an endowment (as of 31 July 2016) of £119M and had a total income for 2015–16 (excluding donations and endowments) of £311M (£293M in 2014–15) with expenditure of £307M (2014–15 £302M). Key sources of income included £177M from tuition fees and education contacts (2014–15 £167M), £25M from funding council grants (2014–15 £22M), £32M from research grants (2014–15 – £27M) and £5.3M from investment income (2014–15 £4.7M).# ISO certification in India

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 London School of Economics (LSE) is aiming to increase the size of its endowment fund to more than £1bn, which would make it one of the best resourced institutions in the UK and the world. The effort was initiated in 2016 by Lord Myners, then chairman of the LSE’s Council and Court of Governors. The plan includes working with wealthy alumni of LSE to make large contributions, increasing the annual budget surplus, and launching a new, widescale alumni donor campaign. The plan to grow LSE’s endowment to more than £1bn has been continued by Lord Myners’ successors at the LSE. The LSE has stated that currently “limited endowment funding constrains our ability to offer ‘needs blind’ admission to students”.# ISO certification in India

Academic year

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

Logo, arms and mascot

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LSE’s “red block” logo

The school’s historic coat of arms is used on official documentation including degree certificates and transcripts and includes the motto – rerum cognoscere causas, a line taken from Virgil’s Georgics meaning “to know the causes of things”, together with the school’s mascot – a beaver. Both these symbols, adopted in February 1922, continue to be held in high regard to this day with the beaver chosen because of its representation as “a hard working and industrious yet sociable animal”, attributes that the founders hoped LSE students to both possess and aspire to. 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.# ISO certification in India

LSE’s present ‘red block’ logo was adopted as part of a rebrand in the early 2000s, before which the school’s coat of arms was used exclusively to represent the institution. As a trademarked brand, it is carefully protected but can be produced in various forms to reflect different requirements. 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.# ISO certification in India

Academic profile

Admissions

2019201820172016201520142013
Applications19,72518,22517,66017,65517,17517,325
Offer Rate (%)34.038.437.137.036.428.7
Enrols1,7851,7001,6251,6651,6851,430
Yield (%)26.624.324.825.527.028.8
Applicant/Enrolled Ratio11.0510.7210.8710.6010.1912.12
Average Entry Tariffn/a168189200537518532

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St Clement’s Building

The LSE received 20,000 applications for 1,600 undergraduate places in 2017, or 12.5 applicants per place. All undergraduate applications, including international applications, are made through UCAS. LSE had the 15th highest average entry qualification for undergraduates of any UK university in 2018–19, with new students averaging 168 UCAS points, equivalent to A*A*A* or ABBB in A-level grades. The university gave offers of admission to 37.0% of its applicants in 2015, the 3rd lowest amongst the Russell Group.# ISO certification in India

Postgraduate students at the LSE are required to have a first or upper second Class UK honours degree, or its foreign equivalent, for master’s degrees, while direct entry to the MPhil/PhD programme requires a UK taught master’s with merit, or foreign equivalent. Admission to the diploma requires 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.# ISO certification in India

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

Programmes and degrees

LSE is the only university in the United Kingdom dedicated solely to the study and research of social sciences. LSE awards a range of academic degrees spanning bachelors, masters and PhDs. The post-nominals awarded are the degree abbreviations used commonly among British universities.

The school offers over 140 MSc programmes, 5 MPA programmes, an LLM, 30 BSc programmes, an LLB, 4 BA programmes (including International History and Geography), and 35 PhD programmes. 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. Lastly, in partnership with the federal University of London, LSE oversees 9 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.# ISO certification in India

Holborn John Watkins Plaza London School of Economics geograph.org .uk 668683

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. 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.# ISO certification in India

From 1902, following its absorption into the University of London, until 2007, all degrees were awarded by the federal university in common with all other colleges of the university. This system was changed in 2007 to enable some colleges to award their own degrees. 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 Executive MBA. This was globally ranked third among executive MBAs by the Financial Times in 2016.# ISO certification in India

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 Oxford and Cambridge. It was ranked 23rd in the country for research power by Research Fortnight based on its REF2014 results, and 28th in research power by the Times Higher Education. 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.# ISO certification in India

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