10:48 / 01.12.2020
Tashkent State University of Economics signs a Memorandum of Understanding with London School of Economics and Political Science

Today’s reform process requires further cooperation with foreign higher education institutions, the involvement of foreign professors and teachers in higher education, as well as the organization of joint educational programs. To this end, Tashkent State University of Economics (TSUE) has signed a Memorandum of Understanding online with the London School of Economics and Political Science (LSE).

The following participants attended the negotiations on behalf of the London School of Economics and Political Science:

 • Professor Paul Kelly, Dean of EMFSS (Economics, Management, Finance and Social Sciences) Programmes

• Professor David Webb, Head of Academic Affairs

• Ms. Elizabeth Aitken, Director of Education

• Doctor Francesco Nava, Head of Academic Affairs, EMFSS Programmes

• Mr. Miles Davies, Business Development Manager

 As part of the dialogue, our foreign compatriot Khamid Irgashev, ACA, ACCA, Chartered Accountant and Assistant Professor of Accounting at Hult International Business School, expressed his views about the cooperation.

The Rector of Tashkent State University of Economics, Professor Kongratbay Sharipov, Vice-Rector for Academic Affairs Doctor Mansur Eshov were among keynote speakers. The event was moderated by the Dean of the Faculty of International Tourism Nozima Zufarova. Vice-Rector for Scientific Affairs and Innovations Gulnora Abdurahmanova, Vice-Rector for Youth Affairs Sadriddin Khudoykulov and deans of other faculties also attended the negotiations.

Signing the memorandum, the parties agreed to work together towards offering University of London academic programmes with academic direction from the London School of Economics and Political Science at Tashkent State University of Economics. As part of this joint program, it is intended to launch the following joint undergraduate programs at TSEU in the 2021/2022 academic year:

 - Accounting and finance

- Economics

- Banking and finance

- Management and Digital Innovation

Towards the end of the ceremony, Khamid Irgashev, a foreign consultant and expert at Tashkent State University of Economics and who also teaches at London School of Economics, mentioned the following key points:

- It should be noted that the signing of this memorandum is of great importance in the field of higher education. London School of Economics has an outstanding international reputation in scientific and academic fields around the world. Moreover, LSE is ranked 2nd in social sciences and management and 4th in accounting and finance in the world according to QS rankings. We strongly believe that this mutual cooperation between LSE and TSUE will provide an opportunity to enhance the quality of education and teaching experience for our students at Tashkent State University of Economics.

According to the memorandum, it is planned to provide a joint international undergraduate programme between the University of London and Tashkent State University of Economics. Prospective students will have the opportunity to earn double degrees from respective universities. LSE will provide academic guidance for this joint programme. The whole teaching will be conducted in English, and programs, material and exams are prepared and monitored by LSE. Moreover, the quality of education will be regulated by arranging external exams which are also monitored by LSE. It should be noted that LSE does not have its own joint program and offers its external programs only through the University of London, being a full member of this federation.

It should be noted that the application process for the recognized teaching center is a rigorous process. At the first stage, all submitted materials as part of the application, the academic potential of the existing faculty of TSUE and other requirements will be carefully considered by LSE’s senior management. The second stage involves a detailed review by senior management of the University of London. Finally, senior management from each of 17 member universities at UoL must approve this joint education programme and give their positive conclusion.

It is very pleasing to know that the project has the full support of senior management at TSUE, namely rector Professor Kongratbay Sharipov and Vice-Rector for Academic Affairs Dr. Mansur Eshov, who are leading a team of 20 most experienced and knowledgeable academic staff at TSUE in support this project. We have a firm belief that this serious approach and dedication by the university will certainly assist in overcoming challenges that lie ahead.

For information, the London School of Economics and Political Sciences was founded in 1895 and is a leading educational institution in the field of economics. The educational institution is ranked 27th in the world ranking of higher educational institutions and is famous for producing many Nobel Prize winners in the field of economics.

The University of London was founded in 1836 and has more than 50,000 students in international programmes around the world. As a federation, it includes 17 of the largest and prestigious universities in England, including the London School of Economics (LSE).