University of Essex
Financial Economics (Including Foundation Year) BSc (Hons)
University of Essex

Key Course Facts

Student Reviews

Below you can see course specific reviews of 275 graduates of Financial Economics (Including Foundation Year) BSc (Hons) and other courses in Economics at University of Essex for each of the survey questions in comparison to the average for all UK degree courses in Economics.

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 £27000 £28000 £35500
25-75 percentile range £24000 - £30000 £23000 - £35500 £29000 - £51000


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

Our BSc Financial Economics (including foundation year) is open to Home and EU students. It will be suitable for you if your academic qualifications do not yet meet our entrance requirements for the three-year version of this course and you want a programme that increases your subject knowledge as well as improves your English language and academic skills.

This four-year course includes a foundation year (Year Zero), followed by a further three years of study. During your Year Zero, you study four academic subjects relevant to your chosen course as well as a compulsory English language and academic skills module.

You are an Essex student from day one, a member of our global community based at the most internationally diverse campus university in the UK.

After successful completion of Year Zero in our Essex Pathways Department, you progress to complete your course with our Department of Economics. Our course is built on the core principles of economics, which are applied to your study of financial institutions (such as banks), financial markets (such as the stock exchange), and financial instruments. You receive a thorough introduction to all aspects of economics and mathematics, as well as training in quantitative research methods.

You study the mathematical and statistical analysis of economic problems, and how the financial system functions, choosing from a range of topics on financial economics including:

  • Fundamentals of accounting
  • Business strategy and competition
  • Capital markets
  • Financial innovations and new forms of transaction media
  • Bonds and contracts

Your education is inspired and informed by this pioneering research, so that you graduate with one of the best undergraduate trainings available in economics.

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 Financial Economics (Including Foundation Year) BSc (Hons) at University of Essex

22% Media Professionals
18% Finance Professionals
14% Engineering professionals
12% Artistic, literary and media occupations
7% Administrative occupations
6% Protective service occupations
2% Managers, directors and senior officials
2% Business and public service associate professionals
2% Business, Research and Administrative Professionals
2% Teaching Professionals

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Economics

Requirements for international students / English requirements

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

    • 6.5
    • Graduate Degrees
    • 6.0
    • Undergraduate Degrees

Please note that this course is not open to international applicants.
Get advice on which foundation courses are best for you to still study Financial Economics (Including Foundation Year), BSc (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Financial Economics (Including Foundation Year) BSc (Hons)

England UK £9250 year 1
Northern Ireland £9250 year 1
Scotland £9250 year 1
Wales £9250 year 1
Channel Islands £9250 year 1
Ireland £9250 year 1
EU £20500 year 1
International £20500 year 1

Additional fee information

Fees displayed are for 2024-25 entry. Fees may increase for each academic intake and each academic year of study.

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:

  • Foundation

UCAS application code:

L117

University Rankings

#30
University Guru Meta Ranking
of University of Essex

among 379 universities in England UK
based on 32 different rankings

Positions of University of Essex in top UK and global rankings.

Rankings of University of Essex in related subject specific rankings.

Social Studies & Humanities

    • #6 
    • #7 
    Economics
    The Guardian University League Tables by Subject
    [Published 07 September, 2024]
    • #31 
    • #43 
    Economics
    CUG The Complete University Guide - By Subject
    [Published 14 May, 2024]
    • #10 
    • #51 
    Economics
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 11 November, 2024]
    • #14 
    • #67 
    Economics
    URAP University Ranking by Academic Performance - By Field
    [Published 22 July, 2024]

See all 32 university rankings of University of Essex

About University of Essex

The University of Essex, is a public, research university where curiosity prevails and thinking outside the box isn’t just encouraged, it’s expected. Based in the county of the same name, Essex, the main campus is located in Wivenhoe Park, near Colchester. It is home to the university’s three faculties, Humanities, Science & Health and Social Sciences, as well as a very large community of local rabbits, and other small fauna typical of the English countryside.

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Student composition of University of Essex

undergraduates:
12070
postgraduates:
3690
Total:
15760
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Where is this programme taught

Colchester Campus
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FAQ about Financial Economics (Including Foundation Year) BSc (Hons) University of Essex

  • Tuition fees for this programme are 9250 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 £27000 15 months after graduation, £28000 3 years after graduation and £35500 after graduation.

  • Media Professionals (22%), Finance Professionals (18%), Engineering professionals (14%), Artistic, literary and media occupations (12%)

  • Financial Economics (Including Foundation Year) BSc (Hons) is taught on campus and cannot be taken online at University of Essex.

  • It is comparably easy to get accepted to this course. Accepted students had an average UCAS tariff score of which is among the 24.85% lowest among all Economics students in the UK.