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Aberystwyth University

Business Economics

UCAS Code: L113

Bachelor of Science (with Honours) - BSc (Hons)

Entry requirements


A level

B,B,B

Pass in Access qualification in a relevant subject with Merit in 50% of units at level 3.

International Baccalaureate Diploma Programme

28

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

DMM

UCAS Tariff

120

Aberystwyth University welcomes the Welsh Baccalaureate as a valuable qualification in its own right and considers completion of the Welsh Baccalaureate Advanced Skills Challenge Certificate to be equivalent to an A level grade.

100%
Applicants receiving offers

About this course


Course option

3years

Full-time | 2019

Subject

Applied economics

If you are interested in the wide range of issues impacting on every-day life including the creation of employment, inflationary pressures, international trade issues, the process of business competition, innovation and growth, the development of third world countries, the protection of natural resources and government policy-making, then this is the degree for you. On successful completion of you this degree you will have a coherent understanding of economics and the professional skills to apply both microeconomics and macroeconomics in context. By choosing Aberystwyth, you will be studying in a University that is ranked the **top 5 in UK and 1st** in Wales for student satisfaction (NSS, 2017). You will learn within the Aberystwyth Business School which has **91% student satisfaction** for our Economics course (NSS, 2017). **95.1% of UK/EU undergraduates** from the Aberystwyth Business School who graduated in 2016 were in professional level jobs or graduate level further study six months after graduating (DLHE 2017).Our graduates have entered and are successful in a number of sectors such as: Chartered Accountancy, Investment Banking, Insurance, Underwriting, Risk Management, Marketing Management, Retail Management, Distribution and Logistics Management, Sales Executive, Health Service Management, Fashion Industry.From the moment you arrive at the Aberystwyth Business School we will work with you to build on your skills and experience to enhance your career prospects. During your time with us you will have the opportunity to get the job experience within the big institutions like County Council as a part of your third year module Employability Skills for Professionals' which is an amazing opportunity to learn more about the industry sector and network with the potential future employers. You will have an opportunity to undertake a work placement or internship through the AberForward scheme, which is a paid internship within Aberystwyth University. As well as take a Year in Employment (YES) placement, which is a yearlong payed internship within the external industries between your second and third year. We have a dedicated team within the Careers Department to advice, and help you during both your application period and during your placement. Moreover, you can work and network with employers from a range of national and multi-national companies through our visiting speaker programme, and take part in International Exchange Programmes.

Tuition fees

Select where you currently live to see what you'll pay:

England
£9,000
per year
EU
£9,000
per year
Northern Ireland
£9,000
per year
Scotland
£9,000
per year
Wales
£9,000
per year

Extra funding

Aberystwyth University offers a valuable package of scholarships and bursaries to support students. Our long-established Entrance Scholarship competition means you could get up to £2,000 a year towards your living and study costs. You can combine an Entrance Scholarship with any or all of our other awards, to make your financial package more valuable. Our awards include the Academic Excellence Studentship, means-tested Aberystwyth Bursary, Sport and Music Scholarships, Bursaries for Care Leavers/Young Carers and a range of department specific awards. Please visit our website for full details. This does not apply to students studying at our Mauritius campus.

The Uni


Course location:

Main Site (Aberystwyth)

Department:

Aberystwyth Business School

TEF rating:

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What students say


How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Economics

Sorry, no information to show

This is usually because there were too few respondents in the data we receive to be able to provide results about the subject at this university.


Who studies this subject and how do they get on?

74%
UK students
26%
International students
82%
Male students
18%
Female students
71%
2:1 or above
9%
Drop out rate

Most popular A-Levels studied (and grade achieved)

C
D
D

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Economics

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£20,000
med
Average annual salary
100%
high
Employed or in further education
96%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

14%
Sales, marketing and related associate professionals
13%
Administrative occupations: finance
8%
Sales assistants and retail cashiers
What do graduate employment figures really tell you?

This is a degree in demand, as business increasingly needs workers who can examine and explain complex data. And yet the number of economics graduates fell by nearly 10% last year, which means demand is even greater. As so many economic grads go into banking and finance, it's not surprising that over half of all 2015's economics graduates who did go into work were working in London. And don't think it's just the finance industry that's interested in these graduates - there's a significant number who enter the IT industry to work with data as analysts and consultants. It's quite common for economics graduates to go into jobs such as accountancy and management consultancy which may require you to take more training and gain professional qualifications - so don’t assume you won’t have to take any more exams once you leave uni. And the incentive to take them, of course, is better pay, which will be on top of an already healthy average starting salary of over £30,000 for graduates working in the capital.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Applied economics

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£20k

£20k

£23k

£23k

£25k

£25k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

We calculate a mean rating of all responses to indicate whether this is high, medium or low compared to the same subject area at other universities.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA).

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

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Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here