Economics and Management BSc
This course has a Professional Development option
Available in Clearing
Call our hotline on +44(0) 1895 272273
To discuss your qualifications for 2016 entry call our Clearing hotline on +44(0) 1895 272 273.
Click here to watch a recording of our most recent Economics and Finance undergraduate webinar.
About the course
The Economics and Management undergraduate degree provides a deep understanding of how the economy and corporations function, how resources are allocated and how incentives are aligned between shareholders, managers and employees. Economics examines how consumers, firms and governments make decisions which eventually determine the allocation of resources and output growth. Management is concerned with the organisation and coordination of the activities of a business in order to achieve defined objectives. In the final year, students will have the opportunity to choose from a range of management courses such as Entrepreneurship and Small Business Ventures, International Marketing and Strategic Management, along with specialist courses in economics.
- This course aims to produce high quality graduates with the analytical and practical skills necessary to understand and deal creatively with a range of economic, financial and management issues.
- The degree will appeal in particular to economists who would like a career in management.
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.
- Mathematics for Economics and Finance
- Microeconomic Principles
- Macroeconomic Principles
- Financial Markets
- Professional Stills and Statistics
- Organizational Behaviour and Analysis
- Microeconomic Principles II
- Macroeconomic Principles II
- Introduction to Econometrics
- Marketing Research
- Human Resource Management and its International Dimensions
- Critical Perspectives in Management
- Managerial and Industrial Economics
Choose 1 from:
- Economics Project
- Issues and Controversies in Management
Plus 1 from:
- The Economics of Labour Markets
- International Money and Finance
- Development Economics
- Further Econometrics
Plus choose 2 from:
- Entrepreneurship and Small Business Ventures
- International Marketing
- Strategic Management
- Business Ethics, Environmental Sustainability and Governance
Final year project
In your final year you will undertake a major project 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. Alternatively, the subject will be stimulated by topical issues such as directors’ pay, regulation of utilities or the European monetary union.
Read more about the structure of undergraduate degrees at Brunel
and what you will learn on the course.
- Our staff are internationally and nationally recognised for their work in this field. Many lecturers from Brunel Business School have practical and personal experience in business, have run their own companies, and/or work as consultants for major companies and government bodies. Their work is often widely published, and their academic insights and hands-on practical experience in the commercial world ensure that course content is lively, interesting, and up-to-date.
- 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.
- This programme results in selective exemption from some professional accountancy exams after you graduate. Not only is this a fast-track way to professional qualifications after you graduate, but it is also a symbol of the quality of the courses offered at Brunel.
- We have good links with organisations which means:-
- High-quality work placements
- Up-to-date course content
- Better opportunities to find a good job after you graduate
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
Teaching and Assessment
You will have about 12 to14 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.
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.
Economics plays a crucial role in the operation, management and regulation of financial institutions, industry and government agencies. As a senior manager in public and private enterprise, a knowledge of economics significantly enhances strategic decision making, efficient resource allocation, cost saving implementation and sustainable management. Further, such knowledge is crucial in a world of integrating global markets and the information superhighway. The aim of our teaching is to give students 'employable knowledge'.
Economics graduates from Brunel have an excellent employment record and go into a wide variety of occupations. Some go on to further study and become professional economists or accountants. Others are employed in industry, the financial sector or government. In some cases, a job offer comes from a former work placement employer.
In a recent LinkedIn Survey Brunel's Economics and Finance Department was reated in the top 25 of UK undergraduate universities having graduates in desirable finance jobs.
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.
As one of our graduates you will have a wide range of career options at your fingertips as well as key skills and knowledge which are in great demand.
Past graduates have gone on to work in the following areas:
- The City: Merrill Lynch (Brokers), NatWest (Financing Futures)
- Chartered Accountancy: PricewaterhouseCoopers, KPMG
- Central Government: the Bank of England, the Treasury, the Cabinet Office, the Department of Transport
- Local Government: Finance Departments, Corporate Planning, the National Audit Office, Health Trusts/Authorities
- Industry: BP, Rank Xerox, Marks and Spencer, ICL
- Other: CBI, the Civil Aviation Authority, British Airways
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
£9,000 full-time; £1,000 placement year
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 AS-level Maths at grade C.
- BTEC Level 3 Subsidiary Diploma D in a related subject with A-levels grade BB plus AS-level Maths at grade C.
- 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 at 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 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.