The London School of Economics (LSE) is one of the departments of the University of London. The school was founded in 1895, that is, almost 60 years after the founding of the university. At the moment, approximately 7.5 thousand students, representing more than 140 countries from all over the world, are studying in it. Approximately 60% of the students study in the bachelor's cycle and 40% in the master's. About three quarters of the students in the school are non-residents of any state in the United Kingdom.
The teaching staff consists of more than 1000 teachers. A distinctive feature of the institution is that almost half of the teachers are foreigners. The school reads 20 faculties.
History of the London School of Economics and Political Science
LSE was established in 1895, and the decision to open it was made a year earlier. The founders are Graham Wallace, George Bernard Shaw, as well as Sidney and Beatrice Webb. Initially, the school was not a branch of the University of London, but at the beginning of the twentieth century it was decided that it would be part of it. LSE has become a faculty of economics at the university. Until now, it is the only educational institution of its kind in the United Kingdom.
The school was built in the center of the capital of Great Britain and began to develop rapidly. In 1920, by decree of King George V, construction of the Old Building on Hugton Street began. After the war, the London School of Economics began to expand and become an increasingly popular and reputable educational institution in the UK and the world.
About a third of all heads of state were trained or taught at this school. In 1989, the first Summer School of Economics was opened in London, and 15 years later, in the capital of the People's Republic of China.
Executives
The first director of the London School of Economics and Political Science was William Hewins. He held this position for 8 years, and in 1903 he was replaced by Sir Halford Mackinder. Before LSE, he was a professor of geography at the University of Oxford.
In 1908, William Pember Reeves was appointed the head of the school. In 1919, the post of director was transferred to the economist Sir William Beveridge. In 1937, he became a member of the British Academy and resigned from his post. The new director was Sir Alexander Carr-Sounders. The current leader is Greg Calhoun, who replaced Professor Judith Rhys in 2012.
Summer school
Studying at the London School of Economics is a dream come true for many students from all over the world. Each year, about five thousand young people are sent to the capital of Great Britain in order to try their hand at one of the most famous higher educational envisions in the United Kingdom.
At summer courses, the duration of which is from 3 to 6 weeks, training is conducted in the following areas:
- English language.
- Law.
- Management.
- Accounting.
- Economy.
- International relationships.
Admission to summer school
For admission, you must provide a certificate of passing the IELTS or TOEFL tests. The minimum score for all components must be at least 7. It is also necessary to send a diploma from a higher educational institution and an extract about the disciplines studied by a student at his home university to the selection committee.
Summer courses at the London School of Economics and Political Science are held in two sessions. The first starts on July 8 and lasts until July 26, and the second session is held from July 29 to August 16. The cost of three weeks is 1825 pounds. If the student wishes to participate in two sessions at once, he will be given a discount. Instead of £ 3,650, the price for two sessions is £ 3,100.
London School of Economics: what to do?
The cost of training in the LSE is from 17 to 30 thousand pounds. In order to enter the school, the applicant must provide a large package of documents to the selection committee:
- Motivation letter.
- Recommendations from teachers.
- Certificate of passing the IELTS exam.
- Bachelor or specialist diploma.
The minimum section score in the international IELTS test should be 6.0. There are situations when, at the time of filing a package of documents, an applicant does not have exam results. In such cases, you can send the certificate later. If the applicant has not completed his studies at a higher educational institution of his country, then it is necessary to provide an academic extract from the university to the LSE.
Students in their reviews of the London School of Economics and Political Science note the fact that, in some cases, the admissions committee may require a GMAT exam certificate. Almost always, this document is mandatory upon admission to the MBA.
A package of documents must be sent to the selection committee before January 15. The opening campaign starts on September 1. Deadline date is subject to change. Before admission, a foreign student is required to take language training courses.
For almost two years, students have been paying great attention to theoretical training. From the beginning of the third year of undergraduate students go to practice.
Accommodation
University students have the opportunity to sit in private apartments on campus or beyond. The school has eleven hostels, which are located in different areas of the capital of England. In total, up to 3.5 thousand students can live in them. Also, students of the school have the opportunity to live in residences with students of the University of London.
The cost of food is not included in the price for accommodation. On average, from 9 to 12 thousand pounds per person for the needs of students not related to paying for housing.
School Awards and Achievements
According to research by many consulting companies, the London School of Economics and Political Science is one of the leading research institutions in the world of higher education. She is also a member of CEMS, the Association of Commonwealth Universities, G5 and other world-famous organizations.
A study by QS consulting company showed that LSE is among the 50 best higher education institutions in the world. In 2013, the school ranked second among universities in the United Kingdom. A research laboratory is operating under her, numbering about 300 hundred scientists and technical staff.
42 members of the House of Lords and 31 members of the House of Commons attended the London School of Economics. Also, 34 leaders of other states studied in it.
Currently, Kofi Annan, Nelson Mandela, George Soros and Bill Clinton are giving lectures at the LSE, which all students of the educational institution can listen to. In 1987, Mervyn King founded the Research Financial Markets Group.
The university has a number of partners around the world. The most famous of them are Columbia University in New York, the University of Beijing, the University of Paris, the National University of Singapore, as well as the Moscow Higher School of Economics.
Benefits
The teaching staff of the school is one of the strongest in the world. A large number of foreign students study at the LSE. The university has a developed infrastructure. On campus there is everything necessary for effective learning.
One of the main advantages of the London School of Economics and Political Science is its location. It is located in the center of the capital of the United Kingdom.
Obtaining a school diploma is a guarantee of future successful employment. All graduates of the LSE find a job for several graduations from the moment of graduation.
A university diploma for a foreign student is a great chance to legally stay to live and work in the United Kingdom.
The research activity of the school was rated at 2.96 points out of three. By the quality of training, the LSE received a rating of 4.04 out of 5. It is also one of the universities that is very difficult to enter. According to this parameter, the school scored 537 points out of 614 possible.
Nobel Laureates
A total of sixteen students and school staff became Nobel Prize winners. For the first time, this achievement was submitted in 1925 to one of the founders of the educational institution, Bernard Shaw. He became a laureate in the field of literature.
After 25 years, Bunch received the Peace Prize, and at the same time, Russell became the second winner in the field of literature. In 1959, the Peace Prize was awarded to Philip Noel-Baker.
The first laureate in economics was John Hicks in 1972 for his contributions to equilibrium theory. Two years later, economist Friedrich Hayek received another award . In 1977, James Mead received the prize for his contribution to the development of international trade, and two years later, Arthur Lewis became the Nobel laureate for his research in the field of economic development.
The last Nobel Prize winner was Christopher Pissarides. He received an award in economics in 2010 for market research. At the time of the award, Pissarides was the principal of the school.