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Economics and Accounting BSc

Subject area: Economics and Finance Undergraduate Open Day How to apply
Mode of study

3-year full-time; 4-year thick-sandwich

UCAS Code

LN14, NL41 with Professional Development

Start date

September

Economics and Accounting BSc

Placement Offered This course has a Professional Development option
Available in Clearing Call our hotline on +44(0) 1895 272273

Overview

To discuss your qualifications for 2016 entry call our Clearing hotline on +44(0) 1895 272 273.

Recent webinars:
Click here to watch a recording of our most recent Economics and Finance undergraduate webinar.

About the course

The distinctive feature of this programme is that it allows students to develop the fundamental analytical techniques of micro- and macroeconomics, while also developing knowledge and understanding of the core concepts and issues in financial and management accounting. When you graduate you’ll be equipped with the core theoretical and practical skills necessary to understand and analyse economic and accounting issues in the business world, and be prepared for a variety of potential careers including management consultancy, accountancy and banking.

Economics courses at Brunel combine an understanding of theory with the practical skills necessary to apply your knowledge to a business, industrial, financial or government environment. It is this combination together with a strong background in accounting that distinguishes the Brunel courses from other degrees in economics.

 

Aims

  • You will be provided with a strong intellectual and practical grounding in both economics and accounting.
  • You will develop core skills and attributes that will enable you to understand and analyse economic and accounting issues in a variety of contexts.

Enquiries

Admissions and Course Enquiries
Web: Admissions Enquiries Information
Tel (before application): +44 (0)1895 265599 (Course Enquiries)
Tel (after application): +44 (0)1895 265265 (Admissions Office)
Contact Admissions or Course Enquiries Online


Course Content

The BSc consists of both compulsory and optional modules, a typical selection can be found below. Modules can vary from year to year, but these offer a good idea of what we teach.

Level 1

Compulsory

Mathematics for Economics and Finance

Microeconomic Principles

Macroeconomic Principles

Financial Markets

Introduction to Financial Accounting

Professional Skills and Statistics

Level 2

Compulsory

Microeconomic Principles II

Macroeconomic Principles II

Financial Accounting and Statement Analysis

Company Law and Regulation

Introduction to Econometrics

Management Accounting

Level 3

Compulsory

Economics Project

Managerial and Industrial Economics

Financial Accounting

Optional

Choose 1 from:

  • Taxation
  • Auditing and Assurance

Plus choose 1 from:

  • The Economics of Labour Markets
  • Behavioural Economics and Finance
  • International Money and Finance
  • Further Econometrics

Read more about the structure of undergraduate degrees at Brunel and what you will learn on the course.

Special Features

As a graduate of this course, you will be exempt from some professional accountancy exams. Not only is this a fast-track way to professional qualifications, but it is also a symbol of the quality of the programme.

Graduates of our BSc degrees in economics and finance can look forward to the following exemptions from professional accountancy bodies, depending on degree and module choices.

ACCA (Association of Chartered Certified Accountants)

Our graduates enjoy exemptions from all FIA papers and up to 8 out of 9 ACCA Papers depending on the programme of study and module choices at level three.

CIMA (Chartered Institute of Management Accountants)

3 exemptions are offered to graduates of the following degrees:-

  • Economics BSc
  • Economics and Business Finance BSc
  • Economics and Management BSc

6 exemptions are offered to graduates of the following degrees:-

  • Finance and Accounting BSc
  • Economics and Accounting BSc

The use of computers is an integral part of all our courses. You will make extensive use of computers attached to a powerful network. You will then be linked to other UK and international information sources. You will also become familiar with the analytical packages widely used by business and financial institutions.

We have good links with organisations which means:

  • High-quality work placements
  • up-to-date course content
  • opportunities for finding a good job after you graduate

Teaching and Assessment

Teaching

How many hours of study are involved?

You will have about 12 to 14 hours of directed study a week in Level 1. This number decreases in Levels 2 and 3. Students are also expected to undertake substantial independent study.

How will I be taught?

Lectures – These provide a broad overview of key concepts and ideas relating to your course and establish a framework from which to carry out more in depth study.

Workshops – These are generally used for modules in finance or quantitative subjects. They often take the form of working through answers to a previously distributed assignment sheet of exercise questions.

Seminars – These relatively small groups are used to examine the lecture material in more detail, and to analyse and apply theoretical concepts in specific contexts.

One-to-one – You will have one-to-one supervision for your final year dissertation, and at all levels you will have a personal tutor who is available to discuss personal and academic problems. If you go on placement, you will also be allocated a work placement tutor who will monitor your progress and provide further support if you need it.

Other – This may include guest speakers from prominent organisations, research seminars and external site visits.

Assessment

In your final year you will undertake a dissertation which is linked to your degree. This is a piece of personal research which is often seen by prospective employers and which may stem directly from a work placement. Otherwise the subject will be stimulated by topical issues such as directors' pay, regulation of utilities or European monetary union. Our staff have extensive research expertise in these and other areas, leading to a Research Assessment of 4 in the last Government exercise.

Each subject is assessed in the term when it is studied. The proportion of exam to coursework is approximately 75% to 25%, but some courses have a higher proportion of continuous assessment. Level 1 does not count towards your final degree mark. Level 2 is worth a third, and Level 3 is worth the rest. The final year dissertation is worth a third of Level 3 marks.

Employability

This course seeks to equip graduates with the core theoretical and practical skills necessary to understand and analyse economic and accounting issues that arise in the business world.

You will be prepared them for a variety of potential careers after graduation, including management consultancy, accountancy and banking. Depending on the modules selected, students will also be able to earn exemptions from several ACCA and CIMA exams.

The following statistics relate to graduates who studied Economics, Economics and Accounting, Business Economics and Finance and Accounting. Accountancy is a popular career choice with Finance and Accounting students. Chartered Accountancy training contracts within the banking sector and the top tier accountancy firms tend to be top of the list, and a number of this year’s graduates were successful in this area. ACCA and CIMA are also popular Accountancy qualifications with graduates interested in Trainee Accountants or other Accountancy roles. Tax and Treasury are two other areas entered as well as Finance Analyst roles.

Many Economist jobs require a higher degree, and the number of organisations employing Economists in the UK is small, so graduates from Economics and Business Finance degrees tend to aim for the professional business sector, with particular interest in Finance. A typical entry level role is that of an Analyst and graduates from this year’s cohort entered roles such as Finance or Data Analyst.

Which jobs do they do?

• Assistant Economist
• Compliance Associate
• Data Analyst
• Financial Analyst
• Merchandise Analyst
• Operations Analyst
• Paraplanner
• Project Analyst
• Regulatory Risk Analyst
• Risk Analyst
• Trainee Accountant

What do they study?

• ACCA
• MA Global Finance
• MSc Emerging Economies & International Development
• MSc Finance & Investment
• MSc International Securities, Investment & Banking
• PGCE Primary Education

The positive impact of a sandwich placement on graduate employment outcomes across Brunel is considerable. Those who have done placements are also much more likely to be in employment for which their degree was a formal requirement or where they believe their degree gave them a competitive advantage in recruitment.

Placement leavers from Economics and Finance experienced the following outcomes:

  • 100% progressed into employment or further      study
  • The average starting salary was £24,583 

The graduate labour market remains competitive and relevant experience is increasingly required for graduate level jobs. For those without related experience job search strategy is often about getting a ‘foot in the door’ in order to compete for graduate positions later. As a result many Economics and Finance graduates were working in occupations such as Finance or Accounts Assistant/Intern in order to gain the experience required.

A growing national trend is for many students to delay their job applications until completing their studies, preferring to focus on achieving the highest grade possible. This can result in some graduates initially continuing with their part-time job while they explore their options after graduating. As a result some graduates were working in non-graduate level positions including sales, customer service and administrative occupations.

The DLHE survey provides a snapshot of a very short amount of time (six months) after graduating and while many have progressed into relevant graduate jobs others are taking time out, travelling, waiting to start a course or continuing with their part-time job while they explore their options after graduating. Many graduates have moved on in their careers since completing the questionnaire.

Careers

Our students have excellent career prospects. Graduates have gone on to work for prestigious companies including Merrill Lynch, NatWest, Morgan Stanley, PriceWaterhouseCoopers, JP Morgan, HSBC, Ernst & Young, the London Stock Exchange and UBS.

Work Placements

You can choose to study either a traditional three-year course, or the prestigious four-year sandwich course. Sandwich course students have the chance to undertake paid, professional work experience in industry, the public sector and commerce in the UK or overseas, as well as in the heart of the UK’s financial sector.

The positive impact of a sandwich placement on graduate employment outcomes across Brunel is considerable. Those who have done placements are also much more likely to be in employment for which their degree was a formal requirement or where they believe their degree gave them a competitive advantage in recruitment.

At Brunel we provide many opportunities and experiences within your degree programme and beyond – work-based learning, professional support services, volunteering, mentoring, sports, arts, clubs, societies, and much, much more – and we encourage you to make the most of them, so that you can make the most of yourself.

» More about Employability

Fees for 2016/17 entry

UK/EU students: £9,000 full-time; £1,000 placement year

International students: £14,100 full-time

See our fees and funding page for full details of scholarships available to Brunel applicants

Fees quoted are per annum and are subject to an annual increase.

Entry Criteria 2016/17

  • GCE A-level BBB with a Grade C in AS-level Maths (if A-level Maths is taken, grade B will be required), (General Studies not accepted).
  • BTEC Level 3 Extended Diploma DDD in a related subject, plus Grade C in AS-level Maths.
  • BTEC Level 3 Diploma DD in a related subject with an A-level at grade B plus Grade C in AS-level Maths.
  • BTEC Level 3 Subsidiary Diploma D in a related subject with A-levels grade BB plus Grade C in AS-level Maths.
  • International Baccalaureate Diploma 30 points, including 5 in Standard Maths or 4 in Higher Maths.
  • Access to Higher Education Diploma Complete and pass a related subject Access course with 45 credits at Level 3, of which 30 credits must be at Distinction and 15 credits at Merit or higher, plus AS-Level Maths .grade C.

GCSE Mathematics grade C and GCSE English grade C are also required.

Please check our Admissions pages for more information on other factors we use to assess applicants within our grade range as well as our full GCSE requirements and accepted equivalencies in place of GCSEs.

Entry criteria are subject to review and change each academic year.


International and EU Entry Requirements

If your country or institution is not listed or if you are not sure whether your institution is eligible, please contact Admissions

This information is for guidance only by Brunel University London and by meeting the academic requirements does not guarantee entry for our courses as applications are assessed on case-by-case basis.

English Language Requirements

  • IELTS: 6.5 (min 5.5 in all areas)
  • Pearson: 58 (51 in all subscores)
  • BrunELT: 65% (min 55% in all areas)

Brunel University London strongly recommends that if you will require a Tier 4 visa, you sit your IELTS test at a test centre that has been approved by UK Visas and Immigration (UKVI) as being a provider of a Secure English Language Test (SELT). Not all test centres have this status. The University can accept IELTS (with the required scores) taken at any official test centre or other English Language qualifications we accept as meeting our main award entry requirements.

However, if you wish to undertake a Pre-sessional English course to further improve your English prior to the start of your degree course, you must sit the test at an approved SELT provider. This is because you will only be able to apply for a Tier 4 student visa to undertake a Pre-sessional English course if you hold a SELT from a UKVI approved test centre. Find out more information about it.

Brunel also offers our own BrunELT English Test and accepts a range of other language courses. We also have Pre-sessional English language courses for students who do not meet these requirements, or who wish to improve their English.

Our International Pathways and Language Centre offers a number of foundation and pre-masters courses to provide you with the academic skills required for your chosen course.