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ICEF broke its last year’s record for the highest number of First Class Honours

ICEF broke its last year’s record for the highest number of First Class Honours

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The September of 2021 will see the HSE and University of London Double-Degree Bachelor’s Programme celebrate its twenty-first class. First Class Honours are going to be awarded to 143 graduates of ICEF – the result surpassing the record of 2020.

ICEF students’ last year’s performance has proved truly outstanding: 80 students, or 47% of the class of 2020, graduated with First Class Honours from the University of London. Compared to previous years and despite the challenges of online learning, ICEF students did perform significantly better in 2020 in quite a number of courses.

The pandemic led the University of London to introduce a new format for the examinations of 2020 and 2021 known as open book. It allows students to make use of any sources while writing the exam papers, whereas the tasks themselves have become significantly more complex and requiring more creative thinking. ICEF students have coped brilliantly, remaining among the best in the world, as is noted by the University of London in its letters of gratitude to ICEF.

ICEF graduation ceremony at the British Ambassador’s Residence
ICEF graduation ceremony at the British Ambassador’s Residence

In 2021, First Class Honours account for more than 64% of the UoL diplomas awarded to ICEF students. Another 62 students of ICEF, or nearly 28%, will be awarded Upper Second Class Honours. Thus, the First Class and Upper Second Class Honours are going to be conferred on 92% of members of the class of 2021. As known, for the programme to continue to rank among the world’s bests and render its graduates competitive on the global market, its share of the First Class and Upper Second Class Honours should account for at least two thirds of the total number of diplomas. Over the past six years, ICEF’s performance has been consistently exceeding this share year on year. 

This year, the students of ICEF showed high exam performance in quantitative and economics courses, having scored between 65 and 86 out of 100. Excellent results were shown also in finance examinations – accounting (the average of 80 points out of 100) and investment portfolio management (the average of 85 points out of 100), among others.

ICEF graduates of 2021 who successfully completed the HSE and the University of London Double-Degree Bachelor’s Programme in Economics total 222. To compare, the number of ICEF graduates didn’t exceed one hundred until nine years ago, and the first class of 2001 numbered only 13 bachelor’s degree holders.

There were two UoL examinations that the 4-year students of ICEF sat for the first time in 2021 and successfully coped with – Principles of Corporate Finance, and Machine Learning.

Honours degree is not only the mark of excellent performance in final examinations. It is a mark of its holder’s having been performing well during all the years of study. With many students, high exam results practically guarantee an honours degree as early as in the third year of study. Every year, the academic performance of ICEF students is praised in many letters of commendation and with prizes from the University of London, celebrating their good results in the study of particular courses and examinations as the highest-scoring results globally. In 2020, the highest score in the exams – 100 points out of 100 – was achieved by twelve undergraduates of ICEF, an outstanding result.