Cardiff University
Business Economics with a Professional Placement Year BSc Econ (Hons)
Cardiff University

Key Course Facts

Student Reviews

Below you can see course specific reviews of 135 graduates of Business Economics with a Professional Placement Year BSc Econ (Hons) and other courses in Economics at Cardiff University for each of the survey questions in comparison to the average for all UK degree courses in Economics.

Overall student satisfaction
92 /100
135 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Economics

Important: Salary data below is not course specific, but contains data of all students of Economics 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 £29000 £34000 £44500
25-75 percentile range £25000 - £32500 £28000 - £42500 £35000 - £57000


Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £30101 £32975 £43235
25-75 percentile range £25019 - £35263 £25870 - £43616 £31294 - £58424

Course Description

The programme will equip you with a thorough grounding in the theory, concepts, principles and techniques of the core subject areas of the discipline: macroeconomics, microeconomics and quantitative analysis. It aims to provide you with knowledge of the workings of the UK economy and the ability to use that knowledge in a range of contexts.

We will introduce you to the breadth and depth of economic analysis and offer you the opportunity to acquire knowledge and technique across a number of specialised areas. These include industrial economics, economic history, labour economics and international economics.

Economics is a numerate and increasingly mathematical subject and, consistent with other universities, some modules will have a quantitative element while others will be of a highly mathematical nature.

Will also provide students with the necessary business management skills and knowledge, both theoretical and practical, through the professional placement year, to take on responsible positions early in a variety of careers in various sectors of industry and commerce, and in various functional areas within organisations.

Distinctive features

Distinctive features of the course include:

  • The opportunity to specialise in economic analysis through all three years of study and therefore to build up considerable knowledge and skills in the discipline;
  • The intellectual challenge derived from exposure to recent developments in economic theory;
  • The development of substantial quantitative and empirical research skills;
  • The chance to proceed to postgraduate study in economics at the UK’s premier Universities;
  • The possibility of moving into careers in the government economic service and major economic consultancies.

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 Business Economics with a Professional Placement Year BSc Econ (Hons) at Cardiff University

34% Media Professionals
20% Finance Professionals
18% Business and public service associate professionals
6% Elementary occupations
4% Teaching Professionals
3% Sales occupations
2% Elementary occupations
1% Business, Research and Administrative Professionals
1% Caring personal services
1% Media Professionals

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for this course

Qualification requirements

We do not accept Critical Thinking, General Studies, Citizenship Studies, or other similar equivalent subjects.

We will accept a combination of BTEC subjects, A-levels, and other qualifications, subject to the course specific grade and subject requirements.

Requirements for international students / English requirements

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

    • 6.5
    • MBA

Cardiff University has many scholarships on offer to our prospective students. Please see our website at http://www.cardiff.ac.uk/study/undergraduate/funding/scholarships for further information.
Get advice on which foundation courses are best for you to still study Business Economics with a Professional Placement Year, BSc Econ (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Business Economics with a Professional Placement Year BSc Econ (Hons)

Ireland £9000 year 1
Channel Islands £9000 year 1
EU £20450 year 1
England UK £9000 year 1
Northern Ireland £9000 year 1
Scotland £9000 year 1
Wales £9000 year 1
International £20450 year 1
EU £22700 year 1
International £22700 year 1

Additional fee information

Students from the UK and Islands:

Fees stated are for the 2024/25 academic year. The University reserves the right to increase tuition fees in the second and subsequent years of a course as permitted by law or Welsh Government policy. Where applicable we will notify you of any change in tuition fee by the end of June in the academic year before the one in which the fee will increase.

Fees for entry in subsequent years are subject to increase and will be confirmed by the end of October in the year preceding your start date of your programme.

Tuition fees cover all reasonable costs required for you to complete to the degree programme stated. Please note that you may choose to participate in study trips, associated placements or purchase equipment while studying on your degree programme which will be at your own cost. Tuition fees do not include living costs such as accommodation, subsistence or travel.

Students from the EU, EEA, and Switzerland:

Students from the rest of the world (international):

Fees for entry in subsequent years are subject to increase and will be confirmed by the end of October in the year preceding your start date of your programme.

Tuition fees cover all reasonable costs required for you to complete the degree programme stated. Please note that you may choose to participate in study trips, associated placements or purchase equipment while studying on your degree programme which will be at your own cost. Tuition fees do not include living costs such as accommodation, subsistence or travel.

Average student cost of living in the UK

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.

How to apply

Application deadline:

August 1, 2025

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Possible Entry Points:

  • year 1 (Default entry point)

UCAS application code:

M297

University Rankings

#1
University Guru Meta Ranking
of Cardiff University

among 17 universities in Wales
based on 34 different rankings

Positions of Cardiff University in top UK and global rankings.

Rankings of Cardiff University in related subject specific rankings.

Social Studies & Humanities

    • #1 
    • #25 
    Economics
    CUG The Complete University Guide - By Subject
    [Published 14 May, 2024]
    • #2 
    • #45 
    Economics
    The Guardian University League Tables by Subject
    [Published 07 September, 2024]
    • #1 
    • #130 
    Economics
    URAP University Ranking by Academic Performance - By Field
    [Published 22 July, 2024]
    • #1 
    • #201 
    Economics
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 34 university rankings of Cardiff University

About Cardiff University

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Where is this programme taught

Main Site - Cardiff
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FAQ about Business Economics with a Professional Placement Year BSc Econ (Hons) Cardiff University

  • Tuition fees for this programme are 9000 per year for UK students. In addition to the tuition fees you should also take into consideration the average monthly cost of living for students in the UK.

  • The median salary of graduates of this course was £29000 15 months after graduation, £34000 3 years after graduation and £44500 after graduation.

  • Media Professionals (34%), Finance Professionals (20%), Business and public service associate professionals (18%), Elementary occupations (6%)

  • 135 graduates rated the course 92. This means that 92% of graduates indicated that they were satisfied or very satisfied with the course. See detailed ratings above and how these compare to the averages at other universities.

  • Business Economics with a Professional Placement Year BSc Econ (Hons) is taught on campus and cannot be taken online at Cardiff University.

  • It is moderately difficult to get accepted into this course. The average UCAS tariff score of this course is 132 which is among the Percentile among all Business Economics students in the UK.