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The dispute also concerned the question of the economist's role, and whether this should be as a detached expert or a practical adviser. 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.
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The School's arms, [36] including its motto and beaver mascot, were adopted in February , [37] on the recommendation of a committee of twelve, including eight students, which was established to research the matter. LSE continues to have a wide impact within British society, through its relationships and influence in politics, business and law. The Guardian described such influence in 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. 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, which are attracted by academic stars such as Richard Sennett.
As of , the School was active in opposing British government proposals to introduce compulsory ID cards, [41] [42] researching into the associated costs of the scheme, and shifting public and government opinion on the issue. Craig Calhoun took up the post of Director in September In February , Calhoun announced his intention to step down at the end of the academic year, in order to become president of the Berggruen Institute.
Shafik began to lead the LSE in September In , the LSE was caught in a furore over a BBC Panorama documentary on North Korea , filmed inside the repressive regime by undercover journalists attached to a trip by the LSE's Grimshaw Society, a student society of the international relations department. The trip had been sanctioned by high-level North Korean officials. However, the university did not disclose that the study was funded by the charity and claims made by the report have since been discredited.
The campus now occupies an almost continuous group of around 30 buildings between Kingsway and the Aldwych. Alongside teaching and academic space, the institution also owns 11 student halls of residence across London, two public houses, a West End theatre the Peacock , early years centre, NHS medical centre and extensive sports ground in Berrylands, south London. Once complete in the new development - the Global Centre for the Social Sciences - will house the Departments of Government, International Relations and the European Institute and feature a new square at the centre of the campus.
According to the contract the building will be transferred to LSE after renovations in Although LSE is a constituent college of the federal University of London, it is in many ways comparable with free-standing, self-governing and independently funded universities, and it awards its 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 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 council is supported in carrying out its role by a number of committees which 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.
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The court has the following formal powers: 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. The director is the head of LSE and its chief executive officer, responsible for executive management and leadership on academic issues. Since , the addition of the name 'president' has also been adopted alongside [81] signalling an additional title more widely understood when travelling or undertaking business globally. The director and president reports to and is accountable to the Council. The director is also the accountable officer for the purposes of the Higher Education Funding Council for England Financial Memorandum.
The director and president is supported by a deputy director and provost who oversees the heads of academic departments and institutes, three pro-directors each with designated portfolios teaching and learning, research and planning and resources and the School secretary who acts as company secretary. 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. 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.
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LSE continues to adopt a three-term structure and has not moved to semesters. Certain departments operate reading weeks in early November and mid-February. Both these symbols, adopted in February , 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.
LSE's present 'red block' logo was adopted as part of a rebrand in the early s, 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. Admission to LSE is highly competitive: Admission to the diploma requires as UK degree or equivalent plus relevant experience. 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. 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. Understanding the Causes of Things alongside normal studies. From , following its absorption into the University of London , and up until , all degrees were awarded by the federal university, in common with all other colleges of the university.
This system was changed in to enable some colleges to award their own degrees. In the 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.
According to analysis of the REF 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.
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The Centre aims to contribute to global women's rights issues, including the prosecution of war rape and women's engagement in politics, through academic research, a post-graduate teaching program, public engagement, and collaboration with international organisations. 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. It is divided into six modules held in five international business locations over a month period.
Its collections are recognised for their outstanding national and international status and hold 'Designation' status by the Museums, Libraries and Archives Council MLA. BLPES responds to around 7, visits from students and staff each day. In addition, it provides a specialist international research collection, serving over 12, registered external users each year.
It also hosts a weekly series of lunchtime music concerts and press launches and is the home of the Fabian Window which was unveiled by Tony Blair in In , LSE purchased the Women's Library , Britain's main library and museum resource on women and the women's movement and a UNESCO classified resource from London Metropolitan University , moving the resources and artefacts into a new purpose-built facility within the Lionel Robbins Building complete with its own reading room and exhibition space.
Additionally, students are permitted to use the libraries of any other University of London college, and the extensive facilities at Senate House Library, situated in Russell Square. The original LSE Summer School was established in 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. In , it also launched a Methods Summer Programme. Together these courses welcome over 5, participants from over 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. Public lectures hosted by 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.
There are also a number of annual lecture series hosted by various departments.
London School of Economics - Wikipedia
At the briefings, two speakers talk for 15 minutes each before discussion is opened to all attendees, operating under Chatham House Rules. The QS World University Rankings for saw LSE move up 36 places from 71st to 35th globally in the overall ratings and keep its number one position in the UK for social sciences, as well as being ranked second in the world for social sciences for the third year in a row. Disparities between national and international league tables have caused LSE to offer public explanations for the difference, including the statement in At mid, LSE has seen pleasing improvements over the last couple of years in our standing in all the main global rankings: We have also seen good rises in the domestic UK rankings.
But we remain concerned that all of the global rankings — by some way the most important for us, given our highly international orientation — suffer from inbuilt biases in favour of large multi-faculty universities with full STEM Science, Technology, Engineering and Mathematics offerings, and against small, specialist, mainly non-STEM universities such as LSE. The School administration asserts that the fall was due to a controversial change in survey method which was detrimental to the ratings of social science institutions.
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Yes, and quite a big one. In ranking, the school moves upward to th in the world, but drops to 33rd in the country. In the —16 academic year there were 10, full-time students and around part-time students at the school.