ICEF Has Received a Recognition Letter from the University of London

The University of London (UoL) has completed its task of monitoring the performance of Teaching Centres that operate under the Teaching Centres Recognition Framework. Upon consideration of the information gathered, the performance achieved by International College of Economics and Finance has been rated as excellent.

The monitoring exercise is conducted by UoL on an annual basis and covers Teaching Centers that support the UoL programmes worldwide. ICEF has been commended for its excellent performance during the review year of 2019 by senior officers of UoL and LSE, as is noted in the recognition letter addressed to ICEF Director, Sergey Yakovlev, by Pro Vice-Chancellor of the University of London Mary Stiasny.

In its letter the University of London also states that it looks forward to a continued successful working relationship with ICEF. ICEF owes its strong result largely to the outstanding performance being shown by its students in the University of London examinations.

The letter also states that ICEF has achieved an excellent examination pass rate of 88%, which is significantly above the global average of 78%. In UoL 2019 international programme examinations, ICEF students’ score average was higher than 60 (out of 100), as compared to the global average of 48 points.

Mary Stiasny

ICEF students continue to show the highest individual scores in the core courses of the UoL programme. In 2018/2019 academic year, these core courses included Mathematical Methods, Elements of Econometrics, Introduction to Economics, Statistics, Microeconomics, Macroeconomics, Quantitative Finance, Mathematics of Finance and Valuation, International Economics, Corporate Finance, and Financial Intermediation. A total of seventy ICEF students received awards and letters of commendation from the University of London acknowledging their outstanding exam performance. In 2019, 47 bachelor’s students obtained First Class Honours in their University of London results, representing 30% of that year’s number of ICEF graduates (UoL First Class Honours are awarded to some 4% of graduates globally).

Average score in UoL examinations: ICEF vs. rest of the world>>

In their speeches at 2019 Graduation ceremony, Pro-Director at LSE David Webb, Vice Chancellor of the University of London Wendy Thomson and Pro Vice-Chancellor Mary Stiasny expressed their sincere admiration for the high motivation and performance of ICEF students.