When was The London School of Economics founded?
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The history of the London School of Economics dates from 1895, when the School was founded by Fabian Society members Sidney and Beatrice Webb, Graham Wallas, and George Bernard Shaw, with funding provided by private philanthropy, including a bequest of £20,000 from Henry Hunt Hutchinson to the Fabian Society.
History of the London School of Economics
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In 1895 the London School of Economics (LSE) was founded by Fabian Society members Sidney Webb (1859–1947), Beatrice Webb (1858–1943), and George Bernard Shaw (1856–1950), joining the University of London in 1900.
History of economic thought
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The London School of Economics was founded in 1895 by Beatrice and Sidney Webb, initially funded by a bequest of £20,000 from the estate of Henry Hunt Hutchinson. Hutchinson, a lawyer and member of the Fabian Society, left the money in trust, to be put "towards advancing its [The Fabian Society's] objects in any way they [the trustees] deem advisable". The five trustees were Sidney Webb, Edward Pease, Constance Hutchinson, William de Mattos and William Clark.
London School of Economics
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The business school can trace its earliest origins to 1955, when the Operational Research/Management Science (ORMS) course started at Imperial in the Production Engineering Section of the Mechanical Engineering Department. There were only 5 students enrolled when the programme commenced in October 1955 at 14 Prince's Gardens, with an arrangement in place for students to be able to attend one-day intensive economics and accounting courses for one or two terms at the London School of Economics. The agreement became a reciprocal one lasting until 1966. In the mid-1960s, there was even the idea of creating a joint School of Administration, Economics and Technology (between Imperial and LSE) but this was ultimately rejected in favour of a new graduate school of business being started in the capital (and another in Manchester, now known as the Alliance Manchester Business School) in line with Lord Frank's 1963 report recommendations. Imperial and LSE acted as co-sponsors in the establishment of this new school, named the London Graduate School of Business Studies and now known as the London Business School. Accordingly, the London Business School's first academic planning board included the heads of Imperial College and LSE.
Imperial College Business School
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In 1975 the SES founded the St James Independent Schools in London for girls and boys from 4–18 years of age. St Vedast's School for Boys, at Sarum Chase in Hampstead, London, was also founded in the mid 1970s and closed in 1985. The schools were subject to a critical series of articles" focusing on the School's discipline regime and its links to the School of Economic Science in the "London Evening Standard" in the early 1980s. An independent inquiry in 2005 concluded that "mental and physical mistreatment" of some pupils had occurred, including "criminal assaults" by teachers, during the ten-year period (1975 to 1985) considered by the inquiry. Other schools included the Ficino School in Auckland, New Zealand; St James Preparatory School, Johannesburg, South Africa; John Colet School, Sydney, Australia; Erasmus School, Melbourne, Australia; the St James Independent Schools in London; Alcuin school in Leeds (closed in 2009); St James' primary school in Stockport (closed in 2015); and John Scottus School in Dublin. St James Junior Boys merged with the Junior Girls School to form St James Juniors in 2015.
School of Economic Science
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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 1930s economic debate between LSE and Cambridge is well known in academic circles. 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).
London School of Economics
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The Katz School tracings its beginnings to the introduction of business education to the university in 1907 as the Evening School of Economics, Accounts, and Finance. Classes met in the Fulton Building on Sixth Street in Pittsburgh. Three years later in 1910, the School of Economics (named for the London School of Economics) was formally set up on Pitt's Oakland campus. In 1916, the school became one of the 17 founding members of the Association to Advance Collegiate Schools of Business (AACSB).
Joseph M. Katz Graduate School of Business
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The reforms initiated by the 1898 act came into force with the approval of the new federal statutes in 1900. Many of the colleges in London became schools of the university, including UCL, King's College, Bedford College, Royal Holloway and the London School of Economics. Regent's Park College, which had affiliated in 1841, became an official divinity school of the university in 1901 (the new statutes having given London the right to award degrees in theology) and Richmond (Theological) College followed as a divinity school of the university in 1902; Goldsmiths College joined in 1904; Imperial College was founded in 1907; Queen Mary College joined in 1915; the School of Oriental and African Studies was founded in 1916; and Birkbeck College, which was founded in 1823, joined in 1920.
University of London
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Not to be confused with London Business School or London School of Economics, the London School of Business and Finance was founded in 2003 by Aaron Etingen. It is located in central London with an international branch in Singapore. Formerly, it had additional branches in Manchester and Birmingham (branded as Finance Business Training or FBT) in the UK and in Toronto, Canada. As of 2019 it offered executive and corporate training, several undergraduate and graduate courses including an MBA validated and awarded by the Università telematica internazionale UniNettuno, and preparation for the ACCA, qualifications through its Finance Business Training division.
LSBF Group
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In 1827, the Chair of Political Economy at London University was created, with John Ramsay McCulloch as the first incumbent, establishing one of the first departments of economics in England. In 1828 the university became the first in England to offer English as a subject and the teaching of Classics and medicine began. In 1830, London University founded the London University School, which would later become University College School. In 1833, the university appointed Alexander Maconochie, Secretary to the Royal Geographical Society, as the first professor of geography in the UK. In 1834, University College Hospital (originally North London Hospital) opened as a teaching hospital for the university's medical school.
University College London