London School of Economics and Political Science

London School of Economics and Political Science — latest news, discussion & facts — IJR

20th century

The school joined the federal University of London in 1900 and was recognised as a Faculty of Economics of the university. The University of London degrees of BSc (Econ) and DSc (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 King George V 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, rerum cognoscere causas, is taken from Virgil's Georgics. Its English translation is "to Know the Causes of Things" and it was suggested by Professor Edwin Cannan. 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 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 (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.)

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 main figures in this debate were John Maynard Keynes from Cambridge and the LSE's Friedrich Hayek. The LSE economist Lionel 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 as Keynesian economics, involving the active participation of the state and public sector, while Hayek and Robbins followed the Austrian School, 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.

Following the decision to establish a modern business 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 and Imperial College. However, this avenue was not pursued and instead, the London Business School 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, and the students objected to his failure to oppose Rhodesia'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.

In the 1970s, four Nobel Memorial Prizes in Economic Sciences were awarded to economists associated with the LSE: John Hicks (lecturer 1926–36) in 1972, Friedrich Hayek (lecturer 1931–50) in 1974, James Meade (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 described the LSE's 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 peer Lord (Frank) Judd. Also on the board are Tory MPs Virginia Bottomley and Richard Shepherd, as well as Lord Saatchi and Lady Howe.

Commenting in 2001 on the rising status of the LSE, the British magazine The 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 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.

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 one of Muammar 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.

In 2013, the LSE was featured in a BBC Panorama 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 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's charity, Kids Company. 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 who were protesting the university's investments in Israel as being "dressed as terrorists".

In 2025, LSE students who planned to take part in anti-Israel demonstrations celebrating the 7 October Hamas attacks were warned, as Universities UK (UUK) reminded students that expressing support for proscribed organisations, in particular Hamas, may constitute a criminal offence. The guidance came amid a wider context of arrests linked to Palestine Action, and ahead of planned demonstrations across UK universities, including LSE, King’s College London (KCL), University College London (UCL), and SOAS.

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 did not cross the picket line after arriving for a debate on grammar schools with Peter Hitchens. 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, University College London and Imperial 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.

A sculpture by Mark 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 showing Taiwan as a sovereign state rather than as part of China, Lhasa 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 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 and Houghton Street in Westminster. It is surrounded by a number of important institutions including the Royal Courts of Justice, all four Inns of Courts, Royal College of Surgeons, Sir John Soane's Museum, and the West End is immediately across Kingsway from campus, which also borders the City of London and is within walking distance to Trafalgar Square and the Houses of Parliament.

In 1920, 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), early years centre, 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's Square the Block, Michael Brown's Blue Rain, Christopher Le Brun's Desert Window, and Turner Prize-winner Mark Wallinger's The World Turned Upside Down.

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 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 120,000 square feet (11,000 m2). The New Academic Building opened for teaching in October 2008, with an official opening by Her Majesty the Queen and the 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 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.

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, 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 the Office for Students financial memorandum. The LSE's current vice-chancellor is 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

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.

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.

Programmes and degrees

As of 2024, 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, 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.

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.

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 Sir Mervyn King), the Grantham Research Institute on Climate Change and the Environment (chaired by 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 and Hague would join Jane Connors and Madeleine Rees as visiting professors in practice from September 2016.

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 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, USC in Los Angeles and a Global Studies programme which is offered with a consortium of four European universities – Leipzig, Vienna, Roskilde and 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 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 European University Association, the G5, the Global Alliance in Management Education, the Russell Group and Universities UK, and is sometimes considered part of the 'Golden Triangle' of universities in south-east England, along with the University of Oxford, the University of Cambridge, University College London, Imperial College London, and King's College London.

LSE's European Institute offers a Double Degree in European and International Public Policy and Politics with Bocconi University in Milan.

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) 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. While 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, while the farthest residences (Nutford and Butler's Wharf) are approximately forty-five minutes by Tube or Bus.

Each residence accommodates a mixture of students both home and international, male and female, and, usually, undergraduate and postgraduate. New undergraduate students (including 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 or five bedrooms with shared facilities.

Notable people

Since 1990, the London School of Economics (LSE) has educated 24 prime ministers or presidents, the second highest number of any university in the United Kingdom, and since the school's establishment in 1895, over 40 world leaders have taught or studied at LSE. The school has also educated two presidents of the European Commission, Romano Prodi and Ursula von der Leyen, four presidents of the United Nations General Assembly, billionaire investor George Soros, chief architect of India's constitution, B. R. Ambedkar, British naturalist David Attenborough, former chancellor of the United Kingdom, Rachel Reeves; former chairman and CEO of Chase Bank, David Rockefeller; chief investment officer of Google, Ruth Porat; governor of New Jersey, Mikie Sherrill; former foreign Minister of China, Yang Jiechi; founder of EasyJet, Stelios Haji-Ioannou and co-founder of AirAsia, Tony Fernandes. LSE alumni and faculty have served as presidents of the International Court of Justice, economic advisors to various British prime ministers and American presidents, in addition to serving as chief economists of the World Bank; the International Monetary Fund; heads or chiefs of central banks in the United Kingdom, United States, India, Australia, Israel, Sri Lanka, Canada, and Thailand.

LSE alumnus W. Arthur Lewis is the only black person to have ever won the Nobel Memorial Prize in Economics. As of 2025, LSE is affiliated with 21 Nobel laureates. 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, A. W. Philips, Karl Popper, Lionel Robbins, Susan Strange, Bob Ward and 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 40 past or present heads of state, 20 members of the current 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, 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, and the CEO and Managing Director of the National Payments Corporation of India, Dilip Asbe, known for pioneering India's widely used UPI system; former attorney general of India, Ashok Desai also studied at the LSE.

LSE has produced a distinguished group of alumni from across Asia who have held influential positions in politics, governance, and public service. This includes Bhimrao 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; 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, Indian Rajya 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 US; Yang Jiechi, senior Chinese Communist Party official and former foreign minister; Sir Yuet Keung Kan, Pakistani political leader and first chief minister of the North-West Frontier Province; Emily Lau, Hong Kong legislator; Marvi Memon, former Indian defence minister and UN representative; Marty Natalegawa, former Indonesian foreign minister; Melvyn Ong, Singapore's chief of defence force; Ong Ye Kung and Singapore's minister for health and former minister for education and transport; C. R. Pattabhiraman,

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, hedge fund managers George Soros and 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.

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Programmes and degrees

Research

Partnerships

Libraries and archives

LSE Summer School

Public lectures

Publishing

Reputation and rankings

Student life

Student body

Students' union

Student housing

Notable people

Faculty and Nobel laureates

LSE in literature and other media

Novels

Television

Film