1.
Somerset House
–
Somerset House is a large Neoclassical building situated on the south side of the Strand in central London, overlooking the River Thames, just east of Waterloo Bridge. The building, originally the site of a Tudor palace, was designed by Sir William Chambers in 1776, the East Wing forms part of the adjacent Strand campus of Kings College London. In the sixteenth century, the Strand, the bank of the Thames between the City of London and the Palace of Westminster was a favoured site for the mansions of the nobility. In 1539 Edward Seymour, 1st Earl of Hertford, obtained a grant of land at Chester Place, outside Temple Bar, when his nephew the boy-king Edward VI came to the throne in 1547, Seymour became Duke of Somerset and Lord Protector. Pauls Cathedral which were demolished partly at his behest as part of the ongoing Dissolution of the Monasteries and it was a two storey house built around a quadrangle with a gateway rising to three stories and was one of the earliest examples of Renaissance architecture in England. It is not known who designed the building, before it was finished, however, Somerset was overthrown, attainted by Parliament and in 1552 was executed on Tower Hill. Somerset Place then came into the possession of the Crown and his royal nephews half-sister the future Queen Elizabeth I lived there during the reign of her half-sister Queen Mary I. The process of completion and improvement was slow and costly, as late as 1598 Stow refers to it as yet unfinished. In the 17th century, the house was used as a residence by queens consort, during the reign of King James I, the building became the London residence of his wife, Anne of Denmark, and was renamed Denmark House. She commissioned a number of additions and improvements, some to designs by Inigo Jones. In particular, during the period between 1630 and 1635 he built a Chapel where Henrietta Maria of France, wife of King Charles I and this was in the care of the Capuchin Order and was on a site to the south-west of the Great Court. A small cemetery was attached and some of the tombstones are still to be built into one of the walls of a passage under the present quadrangle. Royal occupation of Somerset House was interrupted by the English Civil War and they failed to find a buyer, though a sale of the contents realised the very considerable sum of £118,000. Use was still found for it however, part of it served as an Army headquarters, General Fairfax being given official quarters there, lodgings were also provided for certain other Parliamentary notables. It was in Somerset House that Oliver Cromwells body lay in state after his death in 1658, however she returned to France in 1665 before it was finished. It was then used as a residence by Catherine of Braganza. During her time it received a certain notoriety as being, in the popular mind, Somerset House was refurbished by Sir Christopher Wren in 1685. After the Glorious Revolution in 1688, Somerset House entered on a period of decline, being used for grace
2.
Public university
–
A public university is a university that is predominantly funded by public means through a national or subnational government, as opposed to private universities. Whether a national university is considered public varies from one country to another, in Egypt, Al-Azhar University opened in 975 AD as the second oldest university in the world. In Nigeria Public Universities can be established by both the Federal Government and by State Governments, students are enrolled after completing the 8-4-4 system of education and attaining a mark of C+ or above. They are also eligible for a low interest loan from the Higher Education Loan Board and they are expected to pay back the loan after completing higher education. South Africa has 23 public tertiary institutions, either categorised as a traditional university or a comprehensive university. Almost entire national universities in Brunei are public universities and these are major universities in Brunei, University of Brunei Darussalam Brunei Technological University Sultan Sharif Ali Islamic University There are 40 public universities in Bangladesh. The University Grant Commission is the body for all the public universities in Bangladesh. The universities do not deal directly with the government, but with the University Grants Commission, recently many private universities are established under the Private University Act of 1992. In mainland China, nearly all universities and research institutions are public and currently, the public universities are usually run by the provincial governments, there are also circumstances where the municipal governments administer the universities. Some public universities are national, which are administered by the central government. Private undergraduate colleges do exist, which are vocational colleges sponsored by private enterprises. The majority of universities are not entitled to award bachelors degrees. Public universities usually enjoy higher reputation domestically, eight institutions are funded by the University Grants Committee. The Academy for Performing Arts also receives funding from the government, the Open University of Hong Kong is also a public university, but it is largely self-financed. The Shue Yan University is the private institution with the status of a university. There are public and private institutes in Indonesia. The government provide public universities, institutes, high schools and academies in each province, the private educational institution usually provided by religious organizations, public organizations, and some big companies. In India, most universities and nearly all research institutions are public, There are some private undergraduate colleges, mostly engineering schools, but a majority of these are affiliated to public universities
3.
Financial endowment
–
A financial endowment is a donation of money or property to a nonprofit organization for the ongoing support of that organization. An endowment may come with stipulations regarding its usage, the total value of an institutions investments is often referred to as the institutions endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage endowments are academic institutions, cultural institutions, service organizations, the earliest endowed chairs were those established by the Roman emperor and Stoic philosopher Marcus Aurelius in Athens in AD176. Aurelius created one endowed chair for each of the schools of philosophy, Platonism, Aristotelianism, Stoicism. Later, similar endowments were set up in other major cities of the Empire. Today, the University of Glasgow has fifteen Regius Professorships, private individuals soon adopted the practice of endowing professorships. Isaac Newton held the Lucasian Chair of Mathematics at Cambridge beginning in 1669, unrestricted endowment can be used in any way the recipient chooses to carry out its mission. Term endowment funds stipulate that all or part of the principal may be expended only after the expiration of a period of time or occurrence of a specified event. Quasi endowment funds must retain the purpose and intent as specified by the donor or source of the original funds, Endowment revenue can be restricted by donors to serve many purposes. Endowed professorships or scholarships restricted to a subject are common. Ignoring the restriction is called invading the endowment, but change of circumstance or financial duress like bankruptcy can preclude carrying out the donors intent. A court can alter the use of restricted endowment under a doctrine called cy-près meaning to find an alternative as near as possible to the donors intent, the restricted/unrestricted distinction focuses on the use of the funds, see quasi-endowment below for a distinction about whether principal can be spent. Academic institutions, such as colleges and universities, will control a endowment fund that finances a portion of the operating or capital requirements of the institution. In addition to an endowment fund, each university may also control a number of restricted endowments that are intended to fund specific areas within the institution. The most common examples are endowed professorships, and endowed scholarships or fellowships, in the United States, the endowment is often integral to the financial health of educational institutions. Alumni or friends of institutions sometimes contribute capital to the endowment, the endowment funding culture is strong in the United States and Canada but less pronounced overseas, with the exceptions of Cambridge and Oxford universities. Endowment funds have also created to support secondary and elementary school districts in several states in the United States. An endowed professorship is a position permanently paid for with the revenue from an endowment fund set up for that purpose
4.
Pound sterling
–
It is subdivided into 100 pence. A number of nations that do not use sterling also have called the pound. At various times, the sterling was commodity money or bank notes backed by silver or gold. The pound sterling is the worlds oldest currency still in use, the British Crown dependencies of Guernsey and Jersey produce their own local issues of sterling, the Guernsey pound and the Jersey pound. The pound sterling is also used in the Isle of Man, Gibraltar, the Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling is the fourth most-traded currency in the exchange market, after the United States dollar, the euro. Together with those three currencies it forms the basket of currencies which calculate the value of IMF special drawing rights, Sterling is also the third most-held reserve currency in global reserves. The full, official name, pound sterling, is used mainly in formal contexts, otherwise the term pound is normally used. The abbreviations ster. or stg. are sometimes used, the term British pound is commonly used in less formal contexts, although it is not an official name of the currency. The pound sterling is also referred to as cable amongst forex traders, the origins of this term are attributed to the fact that in the 1800s, the dollar/pound sterling exchange rate was transmitted via transatlantic cable. Forex brokers are sometimes referred to as cable dealers, as another established source notes, the compound expression was then derived, silver coins known as sterlings were issued in the Saxon kingdoms,240 of them being minted from a pound of silver. Hence, large payments came to be reckoned in pounds of sterlings, in 1260, Henry III granted them a charter of protection. And because the Leagues money was not frequently debased like that of England, English traders stipulated to be paid in pounds of the Easterlings, and land for their Kontor, the Steelyard of London, which by the 1340s was also called Easterlings Hall, or Esterlingeshalle. For further discussion of the etymology of sterling, see sterling silver, the currency sign for the pound sign is £, which is usually written with a single cross-bar, though a version with a double cross-bar is also sometimes seen. The ISO4217 currency code is GBP, occasionally, the abbreviation UKP is used but this is non-standard because the ISO3166 country code for the United Kingdom is GB. The Crown dependencies use their own codes, GGP, JEP, stocks are often traded in pence, so traders may refer to pence sterling, GBX, when listing stock prices. A common slang term for the pound sterling or pound is quid, since decimalisation in 1971, the pound has been divided into 100 pence. The symbol for the penny is p, hence an amount such as 50p properly pronounced fifty pence is more colloquially, quite often, pronounced fifty pee /fɪfti, pi and this also helped to distinguish between new and old pence amounts during the changeover to the decimal system
5.
Anne, Princess Royal
–
Anne, Princess Royal, KG KT GCVO GCStJ QSO GCL CD is the second child and only daughter of Queen Elizabeth II and Prince Philip, Duke of Edinburgh. At the time of her birth, she was third in the line of succession, behind her mother – then Princess Elizabeth – and elder brother and she rose to second after her mothers accession, but is currently 12th in line. Anne is known for her work, and is patron of over 200 organisations. Princess Anne has held the title of Princess Royal since 1987 and is its seventh holder, Anne was married to Captain Mark Phillips in 1973, they divorced in 1992. They have two children and three grandchildren, in 1992, within months of her divorce, Anne married Vice Admiral Sir Timothy Laurence, whom she had met while he served as her mothers equerry between 1986 and 1989. Anne was born at Clarence House on 15 August 1950 at 11,50 am, as the child and only daughter of Princess Elizabeth, Duchess of Edinburgh. She was the grandchild of King George VI and Queen Elizabeth. Anne was baptised in the Music Room of Buckingham Palace on 21 October 1950, by Archbishop of York, after the death of George VI, Annes mother ascended the throne as Queen Elizabeth II. Given her young age at the time, she did not attend the coronation, the Company was active until 1963, when Anne went to boarding school. Anne enrolled at Benenden School in 1963, in 1968 she left school with six GCE O-Levels and two A-Levels. In the next couple of years, Anne started dating, in 1970 her first boyfriend was Andrew Parker Bowles, who later became the first husband of Camilla Shand. Following the wedding, Anne and her husband lived at Gatcombe Park and he was made acting captain by the start of 1974 when he was appointed a personal aide-de-camp to Queen Elizabeth II. By 1989, however, Princess Anne and Mark Phillips announced their intention to separate, the couple divorced on 23 April 1992. The Queen had offered Phillips an earldom on his wedding day, the couple had two children, Peter Phillips and Zara Phillips. As female-line descendants of royalty, the children have no title despite being the grandchildren of a monarch, Anne became a grandmother on 29 December 2010 when Peter and his wife Autumn had a daughter, Savannah. On 29 March 2012, the couple had daughter, Isla. Annes third granddaughter, Mia Grace, was born on 17 January 2014 to Zara and her husband Mike Tindall. As Princess Anne and Mark Phillips were returning to Buckingham Palace on 20 March 1974, from a charity event on Pall Mall, the driver of the Escort, Ian Ball, jumped out and began firing a pistol
6.
University of London
–
The University of London is a collegiate research university located in London, England, consisting of 18 constituent colleges, nine research institutes and a number of central bodies. The university moved to a structure in 1900. The specialist colleges of the university include the London Business School, Imperial College London was formerly a member before leaving the university in 2007. City is the most recent constituent college, having joined on 1 September 2016, in post-nominals, the University of London is commonly abbreviated as Lond. or, more rarely, Londin. From the Latin Universitas Londiniensis, after its degree abbreviations, University College London was founded under the name London University in 1826 as a secular alternative to the religious universities of Oxford and Cambridge. In response to the controversy surrounding such educational establishment, Kings College London was founded and was the first to be granted a royal charter. Yet to receive a charter, UCL in 1834 renewed its application for a royal charter as a university. In response to this, opposition to exclusive rights grew among the London medical schools, the idea of a general degree awarding body for the schools was discussed in the medical press. And in evidence taken by the Select Committee on Medical Education, in 1835, the government announced the response to UCLs petition for a charter. Following the issuing of its charter on 28 November 1836, the university started drawing up regulations for degrees in March 1837. The death of William IV in June, however, resulted in a problem – the charter had been granted during our Royal will and pleasure, queen Victoria issued a second charter on 5 December 1837, reincorporating the university. The university awarded its first degrees in 1839, all to students from UCL, the university established by the charters of 1836 and 1837 was essentially an examining board with the right to award degrees in arts, laws and medicine. However, the university did not have the authority to grant degrees in theology, in medicine, the university was given the right to determine which medical schools provided sufficient medical training. Beyond the right to students for examination, there was no other connection between the affiliated colleges and the university. In 1849 the university held its first graduation ceremony at Somerset House following a petition to the senate from the graduates, about 250 students graduated at this ceremony. The London academic robes of this period were distinguished by their rich velvet facings, the list of affiliated colleges grew by 1858 to include over 50 institutions, including all other British universities. In that year, a new charter effectively abolished the affiliated colleges system by opening up the examinations to everyone whether they attended a college or not. The expanded role meant the university needed more space, particularly with the number of students at the provincial university colleges
7.
Postgraduate education
–
In North America, this level is generally referred to as graduate school. The organization and structure of education varies in different countries. This article outlines the types of courses and of teaching and examination methods. There are two types of degrees studied for at the postgraduate level, academic and vocational degrees. The term degree in this means the moving from one stage or level to another. University studies took six years for a degree and up to twelve additional years for a masters degree or doctorate. The first six years taught the faculty of the arts, which was the study of the seven liberal arts, arithmetic, geometry, astronomy, music theory, grammar, logic, the main emphasis was on logic. Once a Bachelor of Arts degree had been obtained, the student could choose one of three faculties—law, medicine, or theology—in which to pursue masters or doctors degrees. Because theology was thought to be the highest of the subjects, the main significance of the higher, postgraduate degrees was that they licensed the holder to teach. In most countries, the hierarchy of postgraduate degrees is as follows, in Scottish Universities, the Master of Philosophy degree tends to be by research or higher masters degree and the Master of Letters degree tends to be the taught or lower masters degree. In many fields such as social work, or library science in North America. Professional degrees such as the Master of Architecture degree can last to three and a years to satisfy professional requirement to be an architect. Professional degrees such as the Master of Business Administration degree can last up to two years to satisfy the requirement to become a business leader. These are often divided into academic and professional doctorates. An academic doctorate can be awarded as a Doctor of Philosophy degree or as a Doctor of Science degree, a doctorate is the terminal degree in most fields. In the United States, there is distinction between a Doctor of Philosophy degree and a Doctor of Science degree. In the second half of the 19th century, however, US universities began to follow the European model by awarding doctorates, in the UK, an equivalent formation to doctorate is the NVQ5 or QCF8. Most universities award degrees, usually at the postgraduate level
Media related to Courtauld Institute of Art at Wikimedia Commons
