Birkbeck, University of London
Economics Grad Dip
Birkbeck, University of London

Course modalities offered

Key Course Facts

Student Reviews

Below you can see course specific reviews of 10 graduates of Economics Grad Dip and other courses in Languages and Area Studies at Birkbeck, University of London for each of the survey questions in comparison to the average for all UK degree courses in Languages and Area Studies .

Overall student satisfaction
77 /100
10 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in CAH19

Important: Salary data below is not course specific, but contains data of all students of Languages and Area Studies at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £33500 £18000 £27500
25-75 percentile range £24500 - £45000 £9500 - £27500 £11500 - £43000


Salary of all UK Graduates of CAH19

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £25625 £23693 £27744
25-75 percentile range £22269 - £29904 £17937 - £29563 £21216 - £36573

Course Description

Our Graduate Diploma in Economics fills a critical gap in the market for postgraduate training in economics. If you have an undergraduate degree in another subject area but wish to switch to economics, this specialist conversion course will help you do that - without requiring you to sign up to a full undergraduate degree.

You do not need any prior training in the subject. The Graduate Diploma in Economics will give you a thorough grounding in the fundamental ideas and methods of modern economics, and you will learn to apply economic reasoning to practical problems. Crucially, you will also develop the necessary mathematical and statistical toolkit for studying economics. This rigorous and intensive training, spread over one or two years, will enable you to compete on equal terms with students graduating with undergraduate degrees in economics.

We now also offer the Graduate Diploma in Economics through online study, supported by handouts and video recording of classroom lectures via our online platform, Moodle. The course structure and assessment methods are identical to those for students who take the course face-to-face, with written examinations either in Birkbeck, or, by arrangement, at a wide range of sites throughout the world.

To succeed as an online student, you must be well organised, highly motivated and proactive in tracking the material. Access to your instructors is the main asset we offer, so you should be ready to actively maintain contact with your lecturers and class teachers via email or online.

The Graduate Diploma is an undergraduate-level qualification. Upon completing the course, a significant proportion of students exit directly to the job market. Other students use this course as preparation for an MSc in economics or related disciplines.

The one-year full-time route offers rapid progression to a high degree of economic literacy and has been specifically designed for people working full time; students who prefer to spread the course over a longer period should apply for the two-year part-time route which has a lighter workload.

Highlights

  • This is an ideal conversion course if you have a degree in another subject and need the skills of an economics graduate in your work, or want to study economics at Master's level.
  • Our September pre-sessional courses will provide you with an accelerated revision of core mathematics skills, as they start at - roughly - GCSE level, but progress very rapidly to more advanced techniques.
  • All modules on the course are designed carefully around targeted, accelerated learning, in contrast to conversion courses in other universities that simply offer modules that are already part of other undergraduate courses.
  • We record all lectures, and all course materials are made available online, so you can access them when you need them.
  • Birkbeck was ranked in the top 25 universities in the UK for its Economics and Econometrics research in the 2021 Research Excellence Framework.

Careers and employability

Graduates can pursue career paths in banking and finance, the public sector, industry, and research and analysis. Possible professions include:

  • economist
  • financial risk analyst
  • statistician
  • management consultant
  • actuary
  • Civil Service fast-streamer
  • local government officer.

We offer a comprehensive careers service - Careers and Enterprise - your career partner during your time at Birkbeck and beyond. At every stage of your career journey, we empower you to take ownership of your future, helping you to make the connection between your experience, education and future ambitions.

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Economics Grad Dip at Birkbeck, University of London

20% Process, plant and machine operatives
10% Engineering professionals
10% Elementary occupations
10% Engineering professionals
5% Managers, directors and senior officials
5% Science, engineering and technology associate professionals
5% Skilled trades occupations
5% Process, plant and machine operatives
5% Managers, directors and senior officials
5% Elementary occupations

Mostly by unseen written examination. Each module includes some assessment based on in-class or online tests. Applied Statistics and Econometrics and Microeconomics include coursework.

Entry Requirements / Admissions

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • Mphil / PhD

If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests. If you don't meet the minimum IELTS requirement, we offer pre-sessional English courses and foundation programmes to help you improve your English language skills and get your place at Birkbeck.
Get advice on which foundation courses are best for you to still study Economics, Grad Dip, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

At least a second-class honours degree (2:2) or equivalent, in any discipline.

Evidence of aptitude for mathematical and statistical analysis is advantageous.

Applications are reviewed on their individual merits and your professional qualifications and/or relevant work experience will be taken into consideration positively. We actively support and encourage applications from mature learners.

Costs

Tuition Fees Economics Grad Dip

England UK £5420 year 1
Northern Ireland £5420 year 1
Scotland £5420 year 1
Wales £5420 year 1
International £8000 year 1

Additional fee information

Students are charged a tuition fee in each year of their course. Tuition fees for students continuing on their course in following years may be subject to annual inflationary increases.

Average student cost of living in London

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

University Rankings

Positions of Birkbeck, University of London in top UK and global rankings.

Rankings of Birkbeck, University of London in related subject specific rankings.

Social Studies & Humanities

    • #38 
    • #401 
    Economics
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 17 university rankings of Birkbeck, University of London

About Birkbeck, University of London

Birkbeck, University of London (BBK) was established in 1823, and takes a different stance towards admissions than many other universities. Applicants are encouraged by BKK to apply even if they don’t possess the traditional qualifications normally required, as applications here are also considered based on an assessment of your knowledge on the subject, and any work experience you might have. Being located in the very centre of London, students will have all the advantages of the city’s public transport connections, as well as the chance to live in such a diverse and vibrant city with all that it offers.

List of 197 Bachelor and Master Courses from Birkbeck, University of London - Course Catalogue

Student composition of Birkbeck, University of London

undergraduates:
4800
postgraduates:
2810
Total:
7610
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Where is this programme taught

Main Site
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