LSE is to award Professor Muhammad Yunus (pictured) an Honorary Degree of Doctor of Science (Economics), at a special ceremony on Thursday 24 November.
Following the ceremony, Professor Yunus will mark the occasion by delivering a lecture to staff and students, entitled 'Social Business: to solve society's most pressing problems'.
The award of an Honorary Doctorate is one of the most prestigious awards that the School can bestow. The LSE Council may confer an Honorary Doctorate on ‘persons who have made an outstanding contribution to the increased understanding, or appreciation of "the causes of things" and their practical application in the social sciences or related fields.’
Professor Muhammad Yunus is founder and former managing director of Grameen Bank and winner of the 2006 Nobel Peace Prize. Born the third of fourteen children, Professor Yunus was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. He then served as chairman of the economics department at Chittagong University before devoting his life to providing financial and social services to the poor. He is the author of Banker to the Poor. In October 2006, Muhammad Yunus was awarded the Nobel Peace Prize for his efforts to create economic and social development.
The ceremony and lecture will take place at LSE on Thursday 24 November from 5-6.15pm and will be open to LSE staff and students only. Students and staff can request one ticket via the online ticket request form which will be live on the event weblisting after 10am on Tuesday 15 November. A valid LSE ID will be required to login.