LSE’s principal governance bodies are the LSE Council, the Academic Board and the Court of Governors
The LSE Council is the governing body which is responsible for determining the School’s overall strategic direction. It delegates responsibility for the day-to-day management of the School to the Director, who is supported by the School Management Committee (SMC). Council also delegates responsibility for governance on specific issues to standing committees that deal with Audit, Ethics Policy, Estates Policy, Finance, Health and Safety and Remuneration.
The Academic Board
The Academic Board oversees the academic governance of the School. It delegates responsibilities to committees such as Academic Planning & Resources, Academic & Student Affairs and Research. All members of academic staff are members of the Academic Board. In addition, an Appointments Committee is responsible for appointing academic staff. All full Professors are members of the Appointments Committee.
The Court of Governors
The Court of Governors includes LSE employees, lay people and student members. It has a number of formal powers including the election of the Council, approval of amendments to the Memorandum and Articles and the appointment of the School’s External Auditors.
In addition, there are a wide range of School-level consultative forums. The most influential include the Departmental Heads Forum and School-level and departmental liaison groups and management committees.
The School conducts its governance in accordance with the requirements set down in the latest Higher Education Code of Governance of the Committee of University Chairmen and standards of public life such as the Nolan principles.