The government has announced that LSE will be one of 12 universities to have the prestigious title of Regius Professor bestowed upon it by The Queen to mark the Diamond Jubilee, with the creation of a new Regius Professor in Economics.
A Regius Professorship is a rare privilege, with only two created in the past century; it is regarded as a reflection of the exceptionally high quality of teaching and research at an institution. All entries were assessed by a panel of experts on the merits of their application alone, but more weight was given to two primary criteria: the excellence of the Institution’s work in the proposed discipline and the recognition the discipline has gained, nationally and internationally, regardless of how long it has been studied.
The head of the Economics Department, Professor Michele Piccione, said the award was 'a great honour that recognises the outstanding contribution that LSE economics has made to the development of the discipline'.
For more information, see the Cabinet Office’s press release.