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University of Aberdeen

Economics and Finance

UCAS Code: LN13

Master of Arts (with Honours) - MA (Hons)

Entry requirements


A level

B,B,B

For First Year Entry a minimum of 3 A Levels at BBB or 4 AS at AABB. For Second Year Entry a minimum of an A in the subject selected for Single Honours plus BB, or AB in the subjects selected for Joint Honours plus a further B. In addition GCSE Maths is required, as well as GCSE in English or English Language is also required.

International Baccalaureate Diploma Programme

32

For entry into First Year, a minimum of 32 points required, including at least 5,5,5 at HL. For entry into Second Year, a minimum of 36 points, including at 6, 6, 6 at Higher level in subject(s) selected. English and Maths at a minimum of Standard level required.

Irish Leaving Certificate - Higher Level

H2,H2,H2,H3,H3

A minimum of 5H with 3 at H2 AND 2 at H3 OR AAABB, obtained in a single sitting (B must be at B2 or above). English AND Maths required at O.

Pearson BTEC Level 3 National Extended Diploma

DDM

Minimum entry requirement: DDM in related subjects.

Scottish Higher

A,A,B,B

Minimum of 4 Highers at AABB obtained at a single sitting or 3 Advanced Highers at BBB. Those seeking to qualify over two sittings will be expected to exceed this minimum. In addition Standard Grade/National 5 Maths is required. Also required: English at Standard Grade 1, 2 or 3 or National 5 at Grades A, B or C.

UCAS Tariff

120

We’ve calculated how many Ucas points you’ll need for this course.

78%
Applicants receiving offers

About this course


Course option

4years

Full-time | 2018

Subjects

Finance

Economics

Economics and Finance at Aberdeen is a brilliant subject combination and springboard to an exciting career in international business and finance. Economics gets to grips with the global economy and what influences the wealth of nations and Finance adds a powerful understanding of the principles and practice of finance, giving you all-round business skills to take advantage of the many opportunities available to sought-after Aberdeen graduates.

In Economics, you will explore the microeconomics of business and society, macroeconomics of the world economy and economic problems in political, social and historical contexts, with a strong emphasis on applied learning. You will be taught by experts including leading petroleum economist and government adviser Professor Alex Kemp and our health economists whose work influences Scottish and UK policy decisions on public health.

Finance will give you skills in financial management, corporate finance, personal finance, financial institutions, derivatives and the stock market. You will develop intellectually by analysing and evaluating financial problems and the practical skills to understand and use information from financial newspapers and documents. You will have close links with employers, work on real-life business scenarios and use sophisticated financial management technology and software, such as our virtual Thomson Reuters Eikon trading floor, used by major financial services companies across the world, integrating real activity in financial markets directly into students’ courses. You will thrive in the dynamic, international environment of our Business School of 45 nationalities. You will be taught by renowned experts in their fields and dedicated careers advisers, who will guide you on the skills and attributes sought by employers from large multinational blue-chips to small and medium-sized enterprises in all sectors of business.

Assessment methods

Students are assessed by any combination of three assessment methods: Coursework such as essays and reports completed throughout the course; Practical assessments of the skills and competencies they learn on the course; Written examinations at the end of each course. The exact mix of these methods differs between subject areas, years of study and individual courses.

Honours projects are typically assessed on the basis of a written dissertation.

Tuition fees

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

Channel Islands
£9,250
per year
England
£9,250
per year
EU
£1,820
per year
International
£14,600
per year
Northern Ireland
£9,250
per year
Scotland
£1,820
per year
Wales
£9,250
per year

The Uni


Course location:

University of Aberdeen

Department:

Business School

Read full university profile

What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

84%
high
Finance
87%
high
Economics

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.

Finance

Teaching and learning

78%
Staff make the subject interesting
89%
Staff are good at explaining things
81%
Ideas and concepts are explored in-depth
74%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

89%
Library resources
96%
IT resources
78%
Course specific equipment and facilities
77%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions
Feel part of a community on my course

Who studies this subject and how do they get on?

36%
UK students
64%
International students
54%
Male students
46%
Female students
74%
2:1 or above
8%
Drop out rate

Most popular A-Levels studied (and grade achieved)

A
A
C
430

Economics

Teaching and learning

90%
Staff make the subject interesting
93%
Staff are good at explaining things
90%
Ideas and concepts are explored in-depth
83%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

96%
Library resources
99%
IT resources
94%
Course specific equipment and facilities
86%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions
Feel part of a community on my course

Who studies this subject and how do they get on?

42%
UK students
58%
International students
62%
Male students
38%
Female students
75%
2:1 or above
9%
Drop out rate

Most popular A-Levels studied (and grade achieved)

B
C
C
409

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.

Finance

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.

£20,020
med
Average annual salary
98%
high
Employed or in further education
69%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

19%
Business, finance and related associate professionals
13%
Business, research and administrative professionals
9%
Sales assistants and retail cashiers
What do graduate employment figures really tell you?

Over 2,000 students graduated with a degree in finance in 2015, and a sign of the strength of the finance industry, numbers are on the up. Over half of finance graduates go into the finance industry, with accountancy and financial advice roles particularly popular. It's also quite common for finance graduates to go into jobs which require you to take more training and gain professional qualifications — finance graduates who take further study are more likely to be studying accountancy than finance. About a third of graduates start their careers in London - but Glasgow, Manchester and Birmingham are other popular locations for finance graduates to work.

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.

£20,020
med
Average annual salary
99%
high
Employed or in further education
94%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

23%
Business, finance and related associate professionals
8%
Sales, marketing and related associate professionals
8%
Public services and other associate professionals
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.

Business and management

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

£21k

£21k

£26k

£26k

£28k

£28k

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.

Social sciences

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

£18k

£18k

£24k

£24k

£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.

Have a question about this info? Learn more here

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.

Have a question about this info? Learn more here

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