Course modalities offered

University of Essex
Management Economics (Including Placement Year) BSc (Hons)
University of Essex

Key Course Facts

Course Description

Financial crisis. Unemployment. Immigration. Market competition. Economics helps us shape the present and improve our future. Unlike conventional management courses, our BSc Management Economics analyses the economics of a business or organisation and investigates how they operate and behave. Our BSc differs from BA Management Economics in that you must take mathematical modules in your second year. You experience all aspects of economics and mathematics, including micro and macroeconomics, and explore quantitative research methods. In your first year, you have the opportunity to take optional modules from across the social sciences. In your second year you will take modules in Management of New Technology and Economics of Organisational Management. Your placement year gives you the chance to gain more experience and become even more employable. In your final year you will take Theory of Monopoly and Regulation and Market Structure and Strategic Behaviour. Throughout the course, you build on these skills and apply them to the study of organisational management.

Student Reviews

Below you can see course specific reviews for 207 graduates of Management Economics (Including Placement Year) BSc (Hons) at University of Essex for each of the survey questions in comparison to the average for all UK degree courses in Economics.

Overall student satisfaction
84 /100
207 total respondents

Primarily based on data from undergraduate degree students.

chart data
Source: National Student Survey NSS 2022
All Economics courses of University of Essex
The NSS is commissioned by the Office for Students

Salary

Salary of Graduates of Management Economics (Including Placement Year) BSc (Hons) at University of Essex

Important: Salary data below is not course specific, but contains data of all students of Management Economics (Including Placement Year) BSc (Hons) 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 £25000 £29000 £36500
25-75 percentile range £22000 - £31000 £21000 - £36500 £30500 - £48500
Source: HESA - Graduate Outcomes Survey Dec 20, 2022
All Economics courses of University of Essex


Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £28601 £31974 £42762
25-75 percentile range £24065 - £34160 £24892 - £42048 £30343 - £57314
Source: Longitudinal Education Outcomes (LEO) by UK Department for Education Dec 20, 2022
All Economics courses of UK

What You Will Learn

Programme content: As a student of Management Economics (Including Placement Year), BSc (Hons) you will study the following course modules.

Year 1

Year 2

Year 3

Year 4

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.

chart data
Source: HESA - Graduate Outcomes Survey Dec 20, 2022
All Economics courses of University of Essex

Current jobs

Job in line with future plans

Utilise skills from studies

Work is meaningful

Source: HESA - Graduate Outcomes Survey Dec 20, 2022

Required skill level of job after 15 months

% Skilled jobs

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

Example below based on all graduates of Management Economics (Including Placement Year) BSc (Hons) at University of Essex

20% Business and public service associate professionals
15% Administrative occupations
12% Business, Research and Administrative Professionals
11% Finance Professionals
7% Elementary occupations
6% Information Technology Professionals
5% Managers, directors and senior officials
4% Sales occupations
3% Customer service occupations
2% Artistic, literary and media occupations
Source: Unistats by Higher Education Statistics Agency (HESA) Dec 20, 2022

Grading Distribution

Students of the course received the following grades

chart data
Source: Unistats by Higher Education Statistics Agency (HESA) 2016

Entry Requirements / Admissions

Minimum Required UCAS Tariff

Source: UCAS Feb 9, 2023

UCAS Tariff of Accepted Students for this course

chart data
Source: Unistats by Higher Education Statistics Agency (HESA) Dec 20, 2022
All Economics courses of University of Essex

Qualification requirements

Including Standard Level Mathematics or Maths Studies grade 5 or above (if not taken at Higher Level). Maths in the IB is not required if you have already achieved GCSE Maths at grade B/5 or above or 5 in IB Middle Years Maths. We are happy to consider a combination of separate IB Diploma Programmes at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for. Please contact the Undergraduate Admissions Office for more information.

Entry requirements for students studying BTEC qualifications are dependent on subjects studied. Advice can be provided on an individual basis. The standard required is generally at Distinction level.

In addition all applicants require GCSE Mathematics at grade B/5 or above (or equivalent).

Source: UCAS Feb 9, 2023

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
Do you not fulfill the minimum requirements in terms of UCAS score, A levels, or English language requirements?
Get advice on which foundation courses are best for you to still be able to join Management Economics (Including Placement Year), BSc (Hons).

Costs

Tuition Fees Management Economics (Including Placement 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
EU £17700 year 1
International £17700 year 1

Additional fee information

Fees displayed are for 2021-22 entry. Fees will increase for each academic intake and each academic year of study.
Source: UCAS Feb 9, 2023

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.

Source: Own research based on surveys and university data

How to apply

Application deadline:

January 1, 2024

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)
  • year 2

University Rankings

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

chart data

Rankings of University of Essex in related subject specific rankings.

Business

    • #18 
    • #128 
    Economics & Business
    NTU by Subject
    [Published 20 October, 2021]

Social Studies & Humanities

    • #16 
    • #22 
    Economics
    The Guardian University League Tables by Subject
    [Published 24 September, 2022]
    • #35 
    • #48 
    Economics
    CUG The Complete University Guide - By Subject
    [Published 13 June, 2022]
    • #16 
    • #101 
    Economics
    ARWU by subject - Academic Ranking of World Universities - ShanghaiRanking
    [Published 26 May, 2021]

See all university rankings of University of Essex

What students say about studying Economics in the UK?

  • MOVING BACK TO THE LONDON SCHOOL OF ECONOMICS! // UNIVERSITY MOVING VLOG 2021
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  • A Day in the Life of a Princeton Economic Student
  • The Economics Major at UChicago: academics, career prospects, vs. other schools + more!
  • day in my life as a UCL economics student
  • WHAT AN ECONOMICS DEGREE IS LIKE!

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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Where is this programme taught

Colchester Campus
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Colchester Campus
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