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RAE funding news

The four UK funding bodies have published a joint statement on the future of the Research Assessment Exercise today, Wednesday 11 February.

The statement makes clear the funding bodies' response to the recommendations of the review of research assessment (HEFCE 2003/22), taking into account the views expressed by the sector and its stakeholders in the subsequent consultation. It will present initial decisions about the structure and timetable for the next RAE.

The statement is available on the new RAE website| and for the Executive Summary click here|

Hard copies of the document (RAE 01/2004) will be posted to institutions immediately after the official announcement.

In the most recent national research assessment (2001), LSE came second after Cambridge in the UK for the quality of its research. LSE submitted 97 per cent of its staff for assessment, more than any other university. A further review in 2003, retrospectively introduced a higher grading of 5** for subject areas which had achieved 5* in the two previous rounds of the research assessment exercise. Economics and Social Policy all received a 5**. In total, LSE received 12 grades of 5**, 5* and 5 for all but one of its units of assessment.

  • Economics and Econometrics 5**
  • Social Policy and Administration 5**
  • Accounting and Finance 5*
  • Anthropology 5*
  • International History 5*
  • Law 5*
  • Philosophy 5*
  • Economic History 5
  • Politics and International Relations 5
  • Business and Management 5
  • Geography 5
  • Sociology 5
  • Statistics and Operational Research 4

Media coverage of the announcement


Independent Education 

BBC News Online
'Fairer deal' on research funding


For more information contact LSE's Research and Project Development Division|

11 February 2004