unit of assessment and was ranked third by cumulative grade point average with a score of 3.35, beating both University of Oxford and University of Cambridge. It was ranked 23rd in the country for research power by Research Fortnight based on its REF 2014 results, and 28th in research power by the Times Higher Education. This followed the Research Assessment Exercise in 2008 where the school was placed second equal nationally on GPA, first for fraction of world-leading (4*) research and fourth for fraction of world-leading or internationally excellent (3* and 4*) research in LSE's analysis of the results, fourth equal for GPA and 29th for research power in Times Higher Education's analysis, and 27th in research power by Research Fortnight's analysis.
According to analysis of the REF 2014 subject results by Times Higher Education, the school is the UK's leading research university in terms of GPA of research submitted in business and management; area studies; and communication, cultural and media studies, library and information management, and second in law; politics and international studies; economics and econometrics; and social work and social policy.
==== Research centres ====
The school houses a number of centres including the Centre for the Analysis of Social Exclusion, the Centre for Climate Change Economics and Policy, the Centre for Macroeconomics, the Centre for Economic Performance, LSE Health and Social Care, the Financial Markets Group (founded by former Bank of England governor Sir Mervyn King), the Grantham Research Institute on Climate Change and the Environment (chaired by Lord Stern), LSE Cities, the UK Department for International Development funded International Growth Centre and one of the six the UK government-backed 'What Works Centres' – the What Works Centre for Local Economic Growth. The Greater London Group was an influential research centre within LSE from the late 1950s on, before being subsumed into the LSE London research group. In February 2015, Angelina Jolie and William Hague …
