Lennox, 51, said it was "exciting" to receive an honorary degree from the Royal Scottish Academy of Music and Drama.
"What I have done with my life has all been about self-invention and I didn't have degrees or qualifications or anyone to guide me and I still work very much in that way," she said.
"But I do think it's great that young people today can have people to help them out because Scotland has turned out some tremendous artists and performer and writers, and if we can keep that tradition going, it would be a fantastic thing.
"I'm very happy to be here, even though I feel like a complete fraud."
The academy also bestowed honorary degrees on comedian Billy Connolly and actress Tilda Swinton.
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