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University of Huddersfield

Business Economics

UCAS Code: L110

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

Entry requirements


A level

B,B,B

Access to HE Diploma

M:45

120 UCAS tariff points from International Baccalaureate qualifications.

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

DDM

UCAS Tariff

120

from a combination of Level 3 qualifications.

100%
Applicants receiving offers

About this course


Course option

4.0years

Sandwich | 2020

Subjects

Economics

Applied economics

Economic policy

**Why Business Economics?
Businesses are hungry for people who understand the core principles of economics. This specialist expertise can help businesses grow, develop and succeed. Our Business Economics BA(Hons) aims to give you a good grounding in the key concepts of the subject, getting you ready to apply economics in the business arena.**

The course focuses on three key areas: Macroeconomics, Microeconomics and Quantitative Economics. Macroeconomics gives you the chance to explore how high level factors such as incomes, inflation and consumption affect each other. Microeconomics looks at how individual businesses and even households behave, and how to develop models to analyse them in even greater detail. Quantitative Economics is about developing a range of tools to analyse the statistics and the mathematics behind the theory.

How will you learn?
- You will learn through practical application and delivered lectures, workshops, seminars and group work sessions.

- You'll have the opportunity to learn how to use the Bloomberg financial trading platform which will provide hands-on experience in a simulated trading environment using real market data.

- Learn how to deal responsibly with financial and economic market data.

- In your third year we’ll give you the opportunity to take a placement year that could see you working in a business and gaining real world experience.

- You should come away from the course being able to understand and respond to situations in the business world, using a framework that you’ve established during your study of economics.

We don’t expect you to be fully versed in business or economics before your course begins, as we aim to build up your understanding from first principles. We’ll also be looking at how mathematic tools can be used to analyse economic decisions. So any mathematics is very much applied rather than pure.

What subjects will you cover?
You’ll explore subjects such as an Introduction to Micro and Macroeconomics, Creativity and Innovation for Business, International Economics, Applied Business Economics, Industrial Economics and Strategic Management.

Modules

Year One
Core modules:
Introduction to Macroeconomics
Introduction to Microeconomics
Introductory Quantitative Economics

Option modules:
Choose two from a list which may include:
Accounting for Managers (Foundation)
Creativity and Innovation for Business

Year Two
Core modules:
Intermediate Microeconomics
Quantitative Economics
Intermediate Macroeconomics
Applied Business Economics

Option modules:
Choose two from a list which may include:
Developments in Banking and Finance
International Economics
Economic History
Environmental Policy
Small Business Enterprise and Planning
Managing International Business
Cross Cultural Management

Year 3(Optional placement year)

Final year:
Core modules:
Economic Theory and Applications
Industrial Economics

The module below is a core only if the placement year is completed:
Placement Review Report

Option modules: Choose two from a list which may include:
Monetary and Financial Framework
Econometrics
Marketing for Small Business
Environmental Management
Business and the Entrepreneur
Environmental Policy
Ethics in Business
Strategic Management
E-Commerce

Assessment methods

21% of the study time on this course is spent in lectures, seminars, workshops etc. Study and assessments will be based on your choice of modules. Your module specification/course handbook will provide full details of the assessment criteria applying to your course.

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
£9,250
per year
International
£14,500
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

Extra funding

Please see our website for full details of the scholarship http://www.hud.ac.uk/undergraduate/fees-and-finance/undergraduate-scholarships/

The Uni


Course location:

University of Huddersfield

Department:

Accountancy, Finance and Economics (BDAFE)

TEF rating:

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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.

89%
high
Economics
89%
high
Applied economics
89%
high
Economic policy

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

Teaching and learning

80%
Staff make the subject interesting
96%
Staff are good at explaining things
91%
Ideas and concepts are explored in-depth
86%
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

100%
Library resources
98%
IT resources
100%
Course specific equipment and facilities
92%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

77%
UK students
23%
International students
72%
Male students
28%
Female students
84%
2:1 or above
17%
Drop out rate

Most popular A-Levels studied (and grade achieved)

B
B
B

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.

£21,600
med
Average annual salary
99%
high
Employed or in further education
79%
low
Employed in a role where degree was essential or beneficial

Top job areas of graduates

29%
Welfare professionals
8%
Welfare and housing associate professionals
7%
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.

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.

£15k

£15k

£19k

£19k

£16k

£16k

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 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