London School of Economics
London, United Kingdom
- Cost of Living£ 26,592
- Tuition Fee From£ 20,136
- Country Rank-
- Batch Strength10,911
- Global Diversity72%
- Gender Ratio44:56
Overview
About
The London School of Economics and Political Science (LSE) is a public research university located in London, England. LSE is situated in the Central London neighbourhood of Camden and Westminster, close to the line separating Covent Garden and Holborn. Sidney Webb, Beatrice Webb, Graham Wallas, and George Bernard Shaw founded the London School of Economics in 1895. LSE joined the University of London in 1900 and launched its degree programme in 1901. Prior to 2008, LSE awarded University of London degrees before starting to grant degrees in its name.
Over 11,000 students attend LSE out of which 70% are international students. The LSE has students from 155 different countries, and it has the second-highest proportion of international students. Despite its name, the school is divided into 25 academic departments and institutes that carry out research and teaching in a variety of basic and applied social sciences.
The institution provides a range of courses through its departments of sociology, methodology, accounting, and economics, among others. Additionally, it provides specialist courses in areas including mathematics, statistics, philosophy, law and geography. It is the only university in the UK devoted completely to the study and investigation of social sciences. Bachelor's, Master's, and PhD degrees are all offered at LSE. Over 140 MSc programmes, 5 MPA programmes, an LLM, 30 BSc programmes, an LLB, 4 BA programmes and 35 PhD programmes are among the choices for students at the institution. The LSE introduced sociology and accounting to the United Kingdom and it also hired the nation's first full-time economic history lecturer.
Many knowledgeable professionals pay visits to the university and impart practical information to the students. The university takes part in exchange programmes for students, giving them the chance to learn about the academic setup of other universities. LSE is frequently referred to as one of the "Golden Triangle" of elite institutions in South East England. It is a member of the Russell Group, Association of Commonwealth Universities and European University Association. LSE is one of eight European universities that make up CIVICA (The European University of Social Sciences, a network dedicated to social scientific research). The school had the highest percentage of internationally renowned research among all the submitted studies of any British non-specialist institution in the 2014 Research Excellence Framework (REF).
Ranking
The Wealth-X and UBS's "Billionaire Census" in 2014, ranked LSE 10th out of twenty schools with the most billionaire alumni. The LSE was the only British university on the list. According to statistics from the Department for Education in 2018, LSE has been rated the best university for increasing graduate earnings, with male and female graduates earning 38.2% to 47.2% more than the average graduate.
According to the QS World University Rankings by Subject 2020, the LSE is ranked 2nd in the world for geography, 3rd for communication and media studies, social policy and administration, and sociology and in the top 10 for accounting and finance, anthropology, business and management studies, development studies, economics, and management. It is ranked 20th for the arts and humanities. LSE ranked 64th out of 154 for overall student satisfaction in the National Student Survey 2020. This increase in student satisfaction in 2020 resulted in a 14-place jump to 5th in the Guardian ranking for 2021.
LSE has been ranked among some of the major ranking platforms over the years, since its inception. Here are some London School of Economics rankings for 2024 -
- #45 - QS - World University Ranking 2024
- #3 - The Complete University Guide 2024 - University Ranking UK
- #4 - The Guardian 2024 - University Rankings
- #46 - Times Higher Education 2024
Course Rankings
There are 27 academic departments at LSE for undergraduate and graduate degrees. Let's look at some of the subject rankings for the departments -
Business
- #6 - The Complete University Guide 2024 - Business and Management Studies UK
- #3 - The Guardian 2024 - Business and Management
- #6 - The Guardian 2024 - Guardian Economics Rankings
Law
- #4 - The Complete University Guide 2024 - Law Rankings
- #5 - The Guardian 2024 - Guardian Law Rankings
Humanities
- #3 - The Complete University Guide 2024 - Psychology Rankings
- #5 - The Complete University Guide 2024 - Sociology Rankings
- #3 - The Guardian 2024 - Guardian Politics Rankings
- #3 - The Guardian 2024 - Guardian Sociology and Social Policy Rankings
Accounting & Commerce
- #1 - The Complete University Guide 2024 - Accounting and Finance Ranking
- #1 - The Guardian 2024 - Accounting and Finance Rankings
Year
QS Ranks
US News Ranks
2023
#56
-
2022
#49
-
2021
#49
#230
Facilities
Students can take advantage of a wide range of groups, clubs and other services provided by the university. Several London School of Economics facilities is available to students, including-
Libraries And Services:
- From July to December, the LSE library is open daily from 8 a.m. to 12 a.m. and around the clock from January to June.
- 60,000+ e-books, over 165,000+ e-journals and over 4 million print materials make up the significant international social sciences library at the university.
- More than 2,300 silent study spaces in group areas are provided in the LSE library, many of which can be reserved by students.
- 500+ networked PCs and Macs, laptop charging stations, MacBooks to borrow in case of emergencies and wireless internet access. Support for IT is offered.
Support And Provision For Faith - The faith centre serves as a calm environment for all employees and students. It is also the location of LSE's many religious activities and interfaith leadership programmes.
On-Campus Stores, Banks, Restaurants And Bars - Numerous stores on campus offer easy, student-friendly shopping and provide all necessities. Banks, post offices and shops are close by for students. With three restaurants, six cafés and one bar, the university operates a variety of establishments on the campus itself.
Notable Alumni
Courses
Admission
Acceptance Rate
London School of Economics acceptance rate is only 8%. For every 100 applicants to LSE, only around 8 are admitted each year. This level of exclusivity puts LSE on par with world-renowned universities like Oxford and Cambridge. Successfully passing through LSE's rigorous assessments signifies that a student belongs to a rare academic calibre.
In 2021, LSE saw an acceptance rate of roughly 12.2% for undergraduate programmes, its lowest in recent years. With around 26,000 applications received for only 1,700 spots, meeting or surpassing admission criteria didn't ensure an offer due to intense competition. Students had to strive to make their applications stand out.
Entry Requirements
Students must apply online and provide supporting documentation. Following are the essential LSE entry requirements, academic standards and language competency tests required for applying to the various programmes the university provides -
|
Application Portal |
UG: UCAS PG: University website |
|
English Language Requirement |
|
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Additional Documents |
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Fees
The university provides a huge selection of 118 Master’s programmes, 12 executive programmes, 20 double degrees, 35 research programmes, 40 undergraduate programmes and several diploma programmes. Whether a student is a domestic or international applicant, the type of course specialisation and the level of the degree affects the London School of Economics fees for each programme. Additionally, universities charge for the amenities and services offered on-campus. Here is a breakdown of the cost of each course per year -
- Master of Laws [L.L.M]: £34,128 /Yr
- Master of Science [M.Sc] Finance: £42,384 /Yr
- Bachelor of Laws [L.L.B]: £26,592 /Yr
- Master of Science [M.Sc] Management: £36,480 /Yr
- Bachelor of Science [B.S] Economics: £26,592 /Yr
- Computer Science & Technology: £23,330 - £32,208
Placements
Economics graduates are among the highest-paid professionals in the United Kingdom. A degree from the London School of Economics and Political Science is highly valued in one's professional career. Legal and paralegal services are the highest-paid LSE graduate office workers after graduation. Several leading agencies have ranked LSE nationally and globally in a variety of categories. It is regarded as the best social science research institution in the UK, ensuring successful LSE placements and post-study careers all over the world. The school has seven academic partnerships around the world and a plethora of research facilities in various disciplines. Furthermore, international applicants outnumber native students at the London School of Economics and Political Science. This provides an excellent opportunity for international candidates to gain admission to one of the world's leading institutions. Students who have studied at LSE are some of the highest-paid employees, earning around £67,500 - £95,460 per year in various fields like Legal and Paralegal, Executive Management, Legal Department, Media, Communication and Advertising, and IT and Software Development.
Scholarship
These are the scholarships offered to students at the London School of Economics:
|
Name Of The Scholarship |
Grant |
|
LSE Undergraduate Support Scheme (USS) |
£6,000 to £15,000 |
|
Pestalozzi International Village Trust Scholarships |
Full fees and living costs |
|
Uggla Family Scholarships |
£27,526 |
|
Undergraduate Support Scheme |
Dependent on financial need |
Finances
Most international students are obligated to show proof of sufficient funds in order to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the London School of Economics. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the London School of Economics. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, ensuites, and more! You have the option of staying on campus in the university halls of residence or in a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodation near LSE, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
As most students moving to London know that the city can be an expensive place to live in. When students plan on living abroad as a student, they will need to plan their daily, weekly or monthly expenses based on a particular budget. This can help them save money and cut down on unnecessary expenses. The table below is the perfect in-depth breakdown of the cost of living in London for students -
|
Particulars |
Monthly Cost (Pound Sterling) |
|
Off-Campus Accommodation |
£1,220 |
|
On-Campus Accommodation |
£1,200 |
|
Transportation |
£186 |
|
Food Cost |
£480 |
|
Entertainment |
£60 |
|
Groceries |
£200 |
|
Clothes |
£70 |
|
Total Cost of Living with Off-Campus Accommodation |
£2,530 |
|
Total Cost of Living with On-Campus Accommodation |
£2,510 |
|
Annual Cost of Living |
£30,360 |