Business Economics (Industry) BSc Hons - 2019 Entry

UCAS Code
4V11

Entry Year
2019 also available in 2020

A Level Requirements
AAB see all requirements see all requirements

Duration
Full time 4 Year(s)

Course Overview

Should a company open a new store? Who gains from interest rate changes? What are the implications of performance-related pay? If you would like to learn more about the relevance of economics to business and management, this four-year degree including a paid placement in industry could be for you. It follows our approach of applying learning to real-world issues.

This degree balances a thorough grounding in Economics with the chance to explore one or more subjects from the Management School. In your first year you can choose to find out more about accounting, finance, strategy, organisations and their people, marketing and the principles of economics. You don’t need an A level in Economics and there’s less focus on maths and statistics than some of the other Economics options.

All second years learn about macroeconomics, microeconomics and social research methods. This includes topics such as competitive advantage, the international financial sector and strategic behaviour. There are also options covering the economics of crime, game theory and the role of governments within the economy.

Your third year is spent in industry. You’ll be supported in securing a placement, with past students joining companies such as IBM, Lloyds Bank, Microsoft, PwC and the Bank of England. Roles on offer range from project management and logistics to investment, business development and risk. Most placements are in the UK but there are some options overseas.

Your placement experiences will form the basis of your final year dissertation. In your final year you will be able to specialise further in specific fields such as econometrics, health economics, industrial organisation and monetary macroeconomics.

We train our graduates in how to think, not what to think. Your analytical skills, practical experience and economic knowledge will stand you in good stead in the jobs market. Recent graduates have continued on to professional training as financial advisers, traders and underwriters or secured roles in finance, accountancy and advertising.

Entry Requirements

Grade Requirements

A Level AAB

GCSE Mathematics grade B or 6, English Language grade C or 4

IELTS 6.5 overall with at least 5.5 in each component. For other English language qualifications we accept, please see our English language requirements webpages.

Other Qualifications

International Baccalaureate 35 points overall with 16 points from the best 3 Higher Level subjects

BTEC Distinction, Distinction, Distinction

We welcome applications from students with a range of alternative UK and international qualifications, including combinations of qualification. Further guidance on admission to the University, including other qualifications that we accept, frequently asked questions and information on applying, can be found on our general admissions webpages.

Contact Admissions Team + 44 (0) 1524 592028 or via ugadmissions@lancaster.ac.uk

Course Structure

Lancaster University offers a range of programmes, some of which follow a structured study programme, and others which offer the chance for you to devise a more flexible programme to complement your main specialism. We divide academic study into two sections - Part 1 (Year 1) and Part 2 (Year 2, 3 and sometimes 4). For most programmes Part 1 requires you to study 120 credits spread over at least three modules which, depending upon your programme, will be drawn from one, two or three different academic subjects. A higher degree of specialisation then develops in subsequent years. For more information about our teaching methods at Lancaster please visit our Teaching and Learning section.

The following courses do not offer modules outside of the subject area due to the structured nature of the programmes: Law, Physics, Engineering, Medicine, Sports and Exercise Science, Biochemistry, Biology, Biomedicine and Biomedical Science.

Information contained on the website with respect to modules is correct at the time of publication, and the University will make every reasonable effort to offer modules as advertised. In some cases changes may be necessary and may result in some combinations being unavailable, for example as a result of student feedback, timetabling, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes and new research.

Year 1

    Core

    Optional

Year 2

    Core

    Optional

Year 3

    Core

Year 4

    Core

    Optional

Careers

Careers

Our degrees are designed to prepare you for a career in industry, business, finance, consultancy or government. Recent Economics graduates have joined banks and financial consultancies such as HSBC and Deloitte, while others have been employed on graduate schemes with major companies, including BAE and the Swire Group.

Many of our Economics students have gained places on postgraduate courses at top institutions and then pursued specialised careers as economists – for example, at the Bank of England, the Institute for Fiscal Studies, and in academia.

Our Business Economics graduates have found employment in the corporate and service sectors, including banking, finance, accountancy and advertising. Recent Business Economics graduates have continued on to professional training as financial advisers, traders and underwriters.

Lancaster University is dedicated to ensuring you not only gain a highly reputable degree, but that you also graduate with relevant life and work based skills. We are unique in that every student is eligible to participate in The Lancaster Award which offers you the opportunity to complete key activities such as work experience, employability/career development, campus community and social development. Visit our Employability section for full details.

Fees and Funding

Fees

Our annual tuition fee is set for a 12-month session, starting in the October of your year of study.

Our Undergraduate Tuition Fees for 2019/20 are:

UK/EU Overseas
£9,250 £18,200

Undergraduate tuition fees

For students starting at the University for the 2020 session, subsequent year’s fees may be subject to increases. UK fees are set by the UK Government annually. For international applicants, any annual increase will be capped at 4% of the previous year’s fee. For more information about tuition fees, including fees for Study Abroad and Work Placements, please visit our undergraduate tuition fees page.

Applicants from the Channel Islands and the Isle of Man

Some science and medicine courses have higher fees for students from the Channel Islands and the Isle of Man. You can find more information about this on our Island Fees page.

Funding

For full details of the University's financial support packages including eligibility criteria, please visit our fees and funding page

Students also need to consider further costs which may include books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation it may be necessary to take out subscriptions to professional bodies and to buy business attire for job interviews. 

Student Insights

In her blog, Chelsey Duchausse talks about her love of Economics, and how the course expanded her knowledge, whilst allowing her to choose modules that peaked her interests. "I really enjoyed the mix of modules. A degree like Business Economics has equipped me with a strong theoretical basis for everyday situations."

Read Blog

Similar Courses

Alumni Profiles

Matthew Fox

BA Business Economics, 2016

My experience at Lancaster was extremely formative.
Alumni Profile for Matthew Fox
Portrait photograph of Matthew Fox

Sam Harper

BSc Hons Economics/Placement, 2017

When you start your placement you will quickly realise that there is no safety net. It is a very challenging year, but it is also the most rewarding experience that I’ve ever had.
Alumni Profile for Sam Harper
Portrait photograph of Sam Harper

Important Information

The information on this site relates primarily to 2020/21 entry to the University and every effort has been taken to ensure the information is correct at the time of publication. The University will use all reasonable effort to deliver the courses as described, but the University reserves the right to make changes to advertised courses.

In the event of a course being withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to withdraw your application. You are advised to revisit our website for up-to-date information before you submit your application. Further legal information.

Our Students’ Charter

We believe in the importance of a strong and productive partnership between our students and staff. In order to ensure your time at Lancaster is a positive experience we have worked with the Students’ Union to articulate this relationship and the standards to which the University and its students aspire. View our Charter and other policies.