Mathematical Economics and Statistics BSc (Hons)
University of Birmingham
Key Course Facts
Student Reviews
Below you can see course specific reviews for 40 graduates of Mathematical Economics and Statistics BSc (Hons) at University of Birmingham for each of the survey questions in comparison to the average for all UK degree courses in Economics.
This particular course
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 | £30000 | £35500 | £50500 |
25-75 percentile range | £26000 - £34000 | £29000 - £44500 | £39000 - £63500 |
All Economics courses of University of Birmingham
Salary of all UK Graduates of Economics
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £30101 | £31974 | £42762 |
25-75 percentile range | £25019 - £35263 | £24892 - £42048 | £30343 - £57314 |
All Economics courses in the UK
Course Description
By tightly integrating the study of economics and statistics, our BSc Mathematical Economics and Statistics programme meets the increasing demand from industry, the professions and public bodies for informed and talented graduates who can apply skill and imagination to real world problems.
Responsible for your learning
Economics is important, it means passing on our state-of-the-art knowledge to the next generation as part of our responsibility to the profession and to you. Our responsibility is to help teach you to communicate what you have learnt and how it can be applied - to prospective employers, to your parents, to all the people who benefit from the making of informed decisions.
As a graduate you will emerge with an excellent, professional training in economics allied with advanced technical and quantitative skills that you can readily apply to a host of social science concepts and problems. This programme emphasises developments in modern economic and social theory and takes account of the growth of mathematical and statistical tools in the analysis of economic and social problems.
Your programme of study
An important feature of this programme is the rigorous grounding in mathematics and statistics in your first year, along with a good foundation in economics. There are also modules in study skills to equip you for university-level work, and practical information technology courses to enable you to use our excellent computer-based facilities.
You build on your first year with compulsory modules in Economics and Quantitative Methods. You are also introduced to econometrics – applying statistics to test and evaluate economic theories and policies. You pursue your own developing tastes and preferences by choosing an optional module from a list that includes Economic Development and Environmental Economics.
You can apply for a placement year during your second year and undertake a year-long placement during your third year. If you successfully secure a placement you will be moved on to the four-year BSc Mathematical Economics and Statistics with Placement Year degree.
In your third year you take a core course in advanced econometrics along with specialised areas of applied economics. Most of this third year, however, is taken up with optional modules, in which you can branch out into a totally new area of study or develop your second-year options in greater depth. In this year you also write an extended essay resulting from individual research.
As well as learning the detail of your subject, you will develop the all-round skills needed for a modern working world - critical thinking, problem solving, communication, and creativity. For many students this is a big transition but you can be reassured that right across campus support and help is available if you need it. University is a time for self-discovery and adventure - shape your own experience and discover who you are.
Birmingham Business School continues to climb the rankings for its Economics courses and is currently ranked 16th in the Complete University Guide (2024)
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 University of Birmingham
Current jobs
All courses of University of Birmingham
Required skill level of job after 15 months
All Economics courses of University of Birmingham
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Mathematical Economics and Statistics BSc (Hons) at University of Birmingham
32% | Natural and social science professionals |
21% | Customer service occupations |
19% | Business and public service associate professionals |
6% | Administrative occupations |
3% | Managers, directors and senior officials |
3% | Elementary occupations |
3% | Protective service occupations |
2% | Sales occupations |
2% | Business and Financial Project Management Professionals |
1% | Skilled trades occupations |
Grading & Study Time
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for Economics
All Economics courses of University of Birmingham
Qualification requirements
The Welsh Baccalaureate Skills Challenge Certificate will be accepted in lieu of one A Level at the A Level grades specified, excluding any subject specific requirements.
If Mathematics is not taken beyond GCSE, a grade 7, (or A) in GCSE Mathematics, or Core Mathematics grade B is essential
31-30 overall or 665-655 in 3 HL subjects.
Including a relevant subject/science @ C or above (80 UCAS tariff points)
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
-
- 6.5
- Graduate Degrees
- (no subscore less than 6.0)
-
- 6.5
- Undergraduate Degrees
Costs
Tuition Fees Mathematical Economics and Statistics BSc (Hons)
Ireland | £9250 | year 1 |
---|---|---|
England UK | £9250 | year 1 |
Northern Ireland | £9250 | year 1 |
Scotland | £9250 | year 1 |
Wales | £9250 | year 1 |
Channel Islands | £9250 | year 1 |
Additional fee information
For details of the annual tuition fee for International Students please see the course web page listed in the 'course details' section above.
If you are made an offer to study by the University, the yearly tuition fee will be stated in your offer letter.
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 University of Birmingham in top UK and global rankings.
Rankings of University of Birmingham in related subject specific rankings.
Social Studies & Humanities
-
-
- #13
- #16
-
- Economics
-
CUG The Complete University Guide - By Subject
[Published 08 June, 2023]
-
-
- #13
- #18
-
- Economics
-
The Guardian University League Tables by Subject
[Published 09 September, 2023]
-
-
- #14
- #78
-
- Economics
-
URAP University Ranking by Academic Performance - By Field
[Published 22 July, 2023]
-
-
- #20
- #151
-
- Economics
-
GRAS Global Ranking of Academic Subjects - ShanghaiRanking
[Published 27 October, 2023]
See all 38 university rankings of University of Birmingham
About University of Birmingham
The University of Birmingham is a research university based in Edgbaston, Birmingham, England. The university’s aim is to be at the cutting edge of educational delivery, and to have their curriculum be continually reshaped by new revelations in research. The main campus is situated a reasonable three miles away from Birmingham city centre, which doesn’t take long to get to via bus if the student decides they’d like to spend some of their free time there.
List of 469 Bachelor and Master Courses from University of Birmingham - Course Catalogue
Student composition of University of Birmingham
-
Total number of students enrolled at University of Birmingham by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 24385
- postgraduates:
- 9185
- Total:
- 33570
-
Number of students enrolled in courses of subject “Statistics”: Academic year - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
Similar courses
Program | University | Student satisfaction | Unemployed | Dropout | Tuition (UK) | Tuition (International) | UCAS Tariff | City | ||
---|---|---|---|---|---|---|---|---|---|---|
Mathematics with Statistics for Finance BSc (Hons) | Imperial College of Science | 100% | 5% | 10% | £9250 | £39100 | 212 | London | On campus Full-time | |
Statistics, Economics and Finance BSc (Hons) | University College London | 86% | 5% | 0% | £9250 | £35000 | 208 | London | On campus Full-time | |
Mathematics, Operational Research and Statistics BSc (Hons) | Cardiff University | - | - | - | £9000 | £25450 £28200 | - | Cardiff | On campus Full-time | |
Financial Mathematics and Statistics BSc (Hons) | The London School of Economics and Political Science | - | - | - | £9250 | £25656 | - | London | On campus Full-time | |
Statistics BSc (Hons) | University College London | 85% | 5% | 0% | £9250 | £35000 | 178 | London | On campus Full-time | |
Mathematics and Statistical Science BSc (Hons) | University College London | 91% | 5% | 0% | £9250 | £32100 | 155 | London | On campus Full-time | |
Mathematics and Statistics with Data Science BSc (Hons) | University of Reading | - | 6% | 20% | £9250 | £27650 | 134 | Reading | On campus Full-time | |
Mathematics, Statistics and Economics BSc (Hons) | University of Strathclyde | 90% | 0% | 20% | £9250 | £19600 | 208 | Glasgow | On campus Full-time | |
Mathematics, Statistics, and Business BSc (Hons) | The London School of Economics and Political Science | 76% | 20% | 0% | £9250 | £25656 | 180 | London | On campus Full-time | |
Mathematics with Statistics BSc (Hons) | University of Portsmouth | 90% | 5% | 0% | £9250 | £18800 | 142 | Portsmouth | On campus Full-time |
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