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The London School of Economics and Political Science, often called the London School of Economics or the LSE, is one of the world's major specialist universities in economics and social sciences. It may have had a larger impact on the shape of the modern political world than any other university institution. As the chairman of five trustees, the LSE was founded in 1895 by Sidney Webb, after an eccentric Derby solicitor and member of the Fabian Society, Henry Hunt Hutchinson, bequeathed £10,000 following his death in 1894. Webb and his wife, Beatrice Webb, are generally considered the founders of the school, alongside the Fabians.
The London School of Economics and Political Science is located on Houghton Street in London, off the Aldwych and next to the Royal Courts of Justice. The school is regarded as a major center of political debate. LSE alumni and former staff include thirteen Nobel Prize winners in Economics, Peace or Literature; around twenty-nine past or present heads of state, thirty current British MPs and twenty-nine current peers of the House of Lords. A quarter of all the Nobel Prizes in Economics have been connected with the London School of Economics in one way or another, and the School is also regarded as a pacemaker in the study of international relations, social philosophy, anthropology, sociology, and social policy. It is a constituent college of the University of London. The Library of the London School of Economics and Political Science is the world's largest library dedicated to the social sciences.
The LSE also has a very active and prominent student newspaper, The Beaver , which recently celebrated its 50th anniversary.
The LSE has nearly 7,000 full-time students and around 750 part-time students. Of these, 38% come from the United KingdomThe United Kingdom of Great Britain and Northern Ireland is a state in Western Europe, usually known simply as the United Kingdom the UK Britain or less accurately as Great Britain . The UK was formed by a series of Acts of Union which united the formerly, 18% from other European UnionFor other uses, see EU (disambiguation). The European Union or EU is a supranational organisation of 25 European states. It was established with that name by the Treaty on European Union (commonly known as the Maastricht Treaty) in 1992 but many aspects o countries and 44% from more than 120 other countries. Around 48% are women and 52% are postgraduates. Courses are taught in over thirty research departments and eighteen departments, including Accounting and FinanceFinance is the application of the principles of financial economics to an inter-related set of monetary problems. Its aim is in the optimal use of financial instruments. In the case of a company, this generally involves balancing risk and profitability an, AnthropologyAnthropology (from the Greek word ANTHROPOLOGIA consists of the study of humankind (see genus Homo . It is holistic in two senses: it is concerned with all humans at all times, and with all dimensions of humanity. Central to anthropology is the concept of, Economic History, Economics, Geography and Environment, Government, Industrial Relations , Information Systems, International History , International Relations, Law, Mathematics, Media and Communications, Operational Research, Philosophy Logic and Scientific Method, Social Policy , Social Psychology, Sociology, and Statistics.
League tables published by British newspapers consistently rank the LSE as one of the top four academic institutions in the country.
