The University of London is one of the oldest and largest Universities in the UK. Established in 1836, it enjoys a worldwide reputation for academic excellence in teaching, as well as research. It has played a historic role in providing a wide range of educational opportunities of outstanding quality. The University of London degrees are recognized internationally for their quality and value. The University of London is a federal university made up of 20 colleges (such as the London School of Economics, Royal Holloway, King’s College) and a number of specialized institutes. The London School of Economics & Political Science is the Lead College for the External Undergraduate study in Economics. It is responsible for providing the academic direction of this programme.