 The London School of Economics and Political Science (LSE) is one of the foremost social science universities in the world. London School of Economics and Political Science also known as London School of Economics (LSE) is a specialist university with an international intake and a global reach. Its research and teaching spans the full breadth of the social sciences, from economics, politics and law to sociology, anthropology, accounting and finance and, as the 2008 Research Assessment Exercise found, it has the highest percentage of world-leading research of any university in the UK. Founded in 1895 by Beatrice and Sidney Webb, LSE has an outstanding reputation for academic excellence. Fourteen Nobel Prize winners in economics, literature and peace have been either LSE staff or alumni. The School has just under 90,000 registered alumni. As of February 2009, around 32 past or present heads of state have studied or taught at LSE, and 28 members of the British House of Commons and 42 members of the House of Lords have either studied or taught at LSE.At postgraduate level, the Graduate School offers a wide range of taught masters programmes (MA, MSc and LLM) normally of one academic or calendar year full-time study, or two years part-time. Following a review by a Teaching Task Force, LSE is set to spend an extra £2 million per year to ensure that its teaching continues to be of the highest quality. Additionally, the top 10 employers of LSE graduates are principally accounting, investment banking, consultancy and law firms.[20] Indeed, LSE is often known as the investment bank nursery due to around 30% of graduates going into "banking, financial services and accountancy", according to LSE Careers Service official figures. LSE is often the most preferred university for employers in the private sector, financial services abroad and the City of London. The current Director of the school, Sir Howard Davies, was formerly Chairman of the Financial Services Authority, Controller of the Audit Commission, Director General of the Confederation of British Industry and Deputy Governor of the Bank of England. Following his first term in office, he has been reappointed as of June 2007, and will serve until 2013.
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 London School of Economics LSE alumni include forty-four international heads of state or heads of government, including seven current heads of state or government.In addition, John F. Kennedy, President of the United States (1961-1963) attended with his brothers Joseph and Bobby, whilst Lord Attlee, Prime Minister of the United Kingdom (1945-1951) taught at the School.Six members of US President Barack Obamas administration - Budget Director Peter Orszag, Pete Rouse (Senior Advisor), Mona Sutphen (Deputy Chief of Staff), Paul Volcker (Head of Economic Recovery Advisory Board) and Jason Furman are all graduates of the School, whilst Larry Summers (Head of the White Houses National Economic Council) taught at the School. The LSE currently has more graduates represented than any other university bar Harvard.
Often cited as the breeding ground for The City, the LSE has produced many businessmen and financiers over the years. George Soros (BSc 52) speaking to the LSE Alumni Society of Malaysia.The current Governor of the Bank of England, Mervyn King, and a further five graduates of the LSE (Andrew Sentance, Tim Besley, Chief Economist Charles Bean, Deputy Governor Rachel Lomax and external member David Blanchflower) now sit on the Monetary Policy Committee which determines interest rates, manages inflation.
Several billionaires including Sir Stelios Haji-Ioannou (the founder of easygroup), Lord Saatchi, George Soros, Robert Kaplan, Michael S. Jeffries, Sir Gordon Brunton, Richard Nesbitt all studied at the LSE. Nick Varney, CEO of Merlin Entertainments, the worlds second largest attractions group and the current Chief Executive of the London Stock Exchange Clara Furse are both graduates of the School. The first Governor of Australias central bank Nugget Coombs, Syed Ali Raza, President and Chairman of the Bank of Pakistan and the international banker and statesman David Rockefeller (whose family, along with the Rockefeller Foundation, financially supported the institution in the postwar period) also attended and finally one of the biggest investors in the Indian stock market, Anirudh Rao presently managing the Shah International mutual funds, ranked among the top 10 Indian mutual funds.
Shami Chakrabarti, the current Director of Liberty and the renowned barrister and former Indian cabinet minister A.K.Sen were also scholars at the school.
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Date of Inception :
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