<p>I don’t think one can compare Imperial, LSE or UCL to Columbia, Cornell, Penn or Chicago. For one thing, Columbia, Cornell, Penn and Chicago are more well rounded academically. They all have top notch MBA programs, Law schools and Medical programs. They also all have excellent departments across most academic disciplines. LSE focuses primarily in the Social Sciences. Imperial is excellent in the hard sciences, Engineering and Medicine, but not really that good in other academic disciplines. UCL is more well rounded, but again, does not have the depth that the likes of Columbia, Cornell and Penn have. </p>
<p>Secondly, the American elite have stratospherically larger endowments to support their operations. Here’s a look at endowment figures:</p>
<p>OVERALL ENDOWMENT:
Columbia University: $5,700,000,000 (as of July, 2009, after the financial meltdown)
University of Pennsylvania: $5,600,000,000 (as of July 2009, after the financial meltdown)
University of Chicago: $5,100,000,000 (as of July 2009, after the financial meltdown)
Cornell University: $4,500,000,000: (as of July 2009, after the financial meltdown)
University College of London: $150,000,000 (as of 2007, prior to the financial meltdown)
Imperial College: $100,000,000 (as of 2007, prior to the financial meltdown)
London School of Economics: $100,000,000 (as of 2008, prior to the financial meltdown</p>
<p>That’s not even close. Cornell’s endowment is 30 times greater than UCL’s, and UCL actually has more students than Cornell. Columbia’s endowment is almost 60 times greater than LSE’s. On a per/student basis, UK’s elite universities (other than Oxbridge which are very wealthy) have endowments of $10,000 per student or less, compared to America’s elite, which have endowments per student of $100,000 or more. </p>
<p>[List</a> of UK universities by endowment - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/List_of_UK_universities_by_endowment]List”>List of universities in the United Kingdom by endowment - Wikipedia)</p>
<p>[Columbia</a> University - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Columbia_University]Columbia”>Columbia University - Wikipedia)</p>
<p>[University</a> of Pennsylvania - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/University_of_Pennsylvania]University”>University of Pennsylvania - Wikipedia)</p>
<p>[University</a> of Chicago - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/University_of_Chicago]University”>University of Chicago - Wikipedia)</p>
<p>[Cornell</a> University - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Cornell_University]Cornell”>Cornell University - Wikipedia)</p>
<p>That is not to say that LSE, UCL and Imperial aren’t great, because they are, but comparing to universities that are far more diversified and wealthier isn’t accurate.</p>