Economics and Finance (Industry) BSc (Hons)
Lancaster University
Key Course Facts
Student Reviews
Below you can see course specific reviews of 145 graduates of Economics and Finance (Industry) BSc (Hons) and other courses in Economics at Lancaster University for each of the survey questions in comparison to the average for all UK degree courses in Economics.
Primarily based on data from undergraduate degree students.
All Economics courses of Lancaster University
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 | £30500 | £30500 | £39000 |
25-75 percentile range | £27500 - £34000 | £22500 - £38000 | £29500 - £52000 |
All Economics courses of Lancaster University
Salary of all UK Graduates of Economics
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £28575 | £30471 | £40245 |
25-75 percentile range | £24114 - £33739 | £23720 - £40302 | £28567 - £54576 |
All Economics courses in the UK
Course Description
BSc Economics and Finance (Industry) is a 4-year career-focussed degree programme that combines the broad sweep and critical thinking of Economics with a focus on the markets and investing of Finance. The programme is flexible after the first year of your studies, allowing you to choose modules based on your strengths and interests as they evolve. You’ll benefit from our specialist careers coaching throughout your degree which is designed to prepare you for the career you want.
Programme overview
You will learn from leading academic researchers and expert practitioners in Economics and Finance, and you will begin by learning the foundations of Finance theory and methodology, and the fundamentals of Economics.
Your first year includes the modules Accounting and Finance, Quantitative Methods for Economics, and Principles of Economics A. These will introduce you to the key principle of both fields and are designed to give you strong foundations for the remainder of your degree.
In your second year, you will learn about Asset Pricing, Financial Accounting and Econometrics, amongst other topics.
Your third year is spent in industry. You’ll be supported in securing a placement, with past students joining companies such as IBM, Lloyds Bank, Microsoft, PwC and the Bank of England. Roles on offer range from project management and logistics to investment, business development and risk. Most placements are in the UK but there are some options overseas.
In your final year, you choose all your modules, from Game Theory, Portfolio Management, Financial Markets, and Advanced Corporate Finance, among other options.
Alongside all of these academic modules and throughout all three years of your study, you will have modules on careers and employability led by our Careers Coaches. These are designed to prepare you for interviews, and internships, and to show you what careers will be available to you.
Throughout your studies, you will be led by academics at the frontier of financial research. Our researchers work on major European projects, including investigating how to apply artificial intelligence to banking, and on the art, precision and effectiveness of factor investing and hedge fund strategies. We have developed strong links with the Bank of England, top asset management companies, financial regulators and economists across the world. Our connections with Invesco allow us to deliver joint conferences and seminars, providing you with insights from both top academics and industry professionals.
Key Facts
We teach Economics from the ground up, as such you do not need an A level in Economics to enrol in this course.
The University will use all reasonable effort to support you to find a suitable placement for your studies. While a placement role may not be available in a field or organisation that is directly related to your academic studies or career aspirations, all placement roles offer valuable experience of working at a graduate level and gaining a range of professional skills.
If you are unsuccessful in securing a suitable placement for your third year, you will be able to transfer to the equivalent non-placement degree scheme and would continue with your studies at Lancaster, finishing your degree after your third year. The University offers a range of shorter placement and internship opportunities for which you would be welcome to apply.
Programme outcomes
Our Economics and Finance degrees are highly valued by employers. Graduates from this programme work as economists in the public sector and in academia, but also in banking, professional services, International business and international organisations.
Accredited by the Association to Advance Collegiate Schools of Business (AACSB).
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.
All Economics courses of Lancaster University
Current jobs
All courses of Lancaster University
Required skill level of job after 15 months
All Economics courses of Lancaster University
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Economics and Finance (Industry) BSc (Hons) at Lancaster University
28% | Managers, directors and senior officials |
18% | Business and public service associate professionals |
13% | Information Technology Professionals |
8% | Sales occupations |
7% | Administrative occupations |
4% | Managers, directors and senior officials |
3% | Elementary occupations |
3% | Science, engineering and technology associate professionals |
2% | Administrative occupations |
2% | Nursing Professionals |
Grading & Study Time
Grading Distribution
Students of the course received the following grades
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for Economics
All Economics courses of Lancaster University
Qualification requirements
31-30 overall or 665-655 in 3 HL subjects.
Including a relevant subject/science @ C or above (80 UCAS tariff points)
GCSE requirements: English Language grade C or 4
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
-
- 7.0
- Graduate Degrees
-
- 6.5
- Undergraduate Degrees
Costs
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:
January 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)
University Rankings
Positions of Lancaster University in top UK and global rankings.
Rankings of Lancaster University in related subject specific rankings.
Social Studies & Humanities
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-
- #16
- #19
-
- Economics
-
CUG The Complete University Guide - By Subject
[Published 08 June, 2023]
-
-
- #24
- #31
-
- Economics
-
The Guardian University League Tables by Subject
[Published 09 September, 2023]
-
-
- #10
- #58
-
- Economics
-
URAP University Ranking by Academic Performance - By Field
[Published 22 July, 2023]
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-
- #23
- #201
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- Economics
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GRAS Global Ranking of Academic Subjects - ShanghaiRanking
[Published 27 October, 2023]
See all 34 university rankings of Lancaster University
About Lancaster University
Lancaster University was established in 1964 and is located in the rural setting of Lancaster. The campus provides a series of amenities, including banks and a post office. Academically, all of this university’s courses and programmes are accredited and approved by MARP, ensuring that the curriculums delivered here are set at a high standard. In terms of facilities, students have access to a variety of study and recreational spaces intended to improve their wellbeing, such as Meditation and Tai Chi classes, and Woodland walks.
List of 452 Bachelor and Master Courses from Lancaster University - Course Catalogue
Student composition of Lancaster University
-
Total number of students enrolled at Lancaster University by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 12595
- postgraduates:
- 4065
- Total:
- 16660
-
Number of students enrolled in courses of subject “Finance”: 3880 Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
Similar courses
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---|---|---|---|---|---|---|---|---|---|---|
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Business Finance (with integrated foundation year) BSc (Hons) | Aberystwyth University | 90% | 5% | 10% | £9000 | £16520 | 102 | Aberystwyth | On campus Full-time | |
Finance, Accounting and Management with a Placement Year BSc (Hons) | The University of Nottingham | 75% | 3% | 0% | £9250 | £20500 | 154 | Nottingham | On campus Full-time | |
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Ranking publishers
The University League Tables
- Published:
- 08 June, 2023
The Guardian News and Media Limited
- Published:
- 09 September, 2023
ShanghaiRanking Consultancy
- Published:
- 27 October, 2023
Urap
- Published:
- 22 July, 2023