Education and Hospitality at the London School of Economics

Tunde FolawiyoBusiness Insider recently published their list of the fifty best business schools in the world, according to professionals working in finance, and The London School of Economics appears in seventh place, beating other top ten institutions Northwestern, Yale, and Dartmouth. The school has enjoyed a top-tier reputation since its establishment in 1895. The LSE, now formally named the London School of Economics and Political Science, was founded by Sidney Webb, George Bernard Shaw, and other members of the Fabian Society, then a British organisation pushing for a socialist economy in a gradual manner, by means of reform. The Fabians today have social democratic leanings.

In 1900, the school became the economics wing of the University of London, and shortly thereafter was moved to its current location in central London, in Westminster. Its real estate holdings in the area have since increased drastically. The school is currently composed of over thirty buildings, including a nursery school and a theatre, as well as a pub. Additionally, via LSE Vacations, the school opens up its residences to the general public during the four annual student vacations, attracting a bit of profit from London’s status as a bustling tourist destination. LSE began the practice in the 1980s, and houses nearly fifty thousand travellers per year, at rates considered low for central London. Accommodation is offered at eight LSE residences, including student-sized singles, doubles and suites, triples and small apartments. The LSE Vacations website includes access to a listing of nearby London events and activities, including Brick Lane market, the Columbia Road Flower Market, and exhibits at the National Gallery, the National Portrait Gallery, and London Film Museum.

The London School of Economics and Political Sciences remains highly competitive, and is considered among the most selective in the world. The student body is diverse, with only one third of students hailing originally from the UK. The LSE has a number of notable former students, graduates and faculty, including numerous recipients of the Nobel Prize and the Pulitzer Prize. London School graduates go on to lead diverse careers in politics, finance and even the arts. The school has had many graduates go on to succeed in business, including Tunde Folawiyo. Readers seeking more information about the business leader’s work and interest can find Tunde Folawiyo on Facebook .

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