Economics and Mathematics (Industry) BSc Hons - 2020 Entry

UCAS Code
GL12

Entry Year
2020 also available in 2019

A Level Requirements
AAB see all requirements see all requirements

Duration
Full time 4 Year(s)

Course Overview

How can governments prevent house price bubbles? What are the economic effects of immigration? What price should a product have?

If these types of questions intrigue you and if you have a numerate mind, this degree, which includes a valuable paid placement in industry, can help launch your career in the public sector, government or consulting.

You will be taught by leading academics, examining real-world issues. You don’t need an Economics A-Level as all first years study the Principles of Economics. However, you will need an A level in Mathematics or Further Mathematics.

We will introduce you to theory, evidence and policy analysis. This allows you to understand fundamental issues and topical concerns. In the first year, you will study Calculus, Further Calculus and Linear Algebra as well as Economics.

In your second year, you’ll progress to Computational Mathematics, Linear Algebra, Probability and Statistics. You can also select topics such as Game Theory, Econometrics and Intermediate Macroeconomics and Microeconomics.

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 final year sees you choosing modules taught by researchers active in that field. From Health Economics to Industrial Organisation, Medical Statistics to Advanced Macroeconomics, you can tailor your studies to suit your aspirations. High-performing students also have the chance to write a dissertation.

By the time you graduate, you will have acquired mathematical and analytical skills in demand by employers. You will have a powerful ‘intellectual toolbox’ to understand the world economy, business strategies, and financial dynamics.

The University will use all reasonable effort to support you to find a suitable placement for your studies. While a placement role may not be available in a field or organisation that is directly related to your academic studies or career aspirations, all placement roles offer valuable experience of working at a graduate level and gaining a range of professional skills.

If you are unsuccessful in securing a suitable placement for your third year, you will be able to transfer to the equivalent non-placement degree scheme and would continue with your studies at Lancaster, finishing your degree after your third year. The University offers a range of shorter placement and internship opportunities for which you would be welcome to apply.

Entry Requirements

Grade Requirements

A Level AAB

Required Subjects A level Mathematics or Further Mathematics grade A

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 including 6 in HL Mathematics

BTEC May be considered alongside A level Mathematics and Further Mathematics with at least one at grade A

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

Year 2

    Core

Year 3

    Core

Year 4

    Core

    Optional

Careers

Careers

As a graduate of Lancaster you’ll enjoy excellent employment prospects. Your qualification in Economics and Mathematics, along with your problem-solving skills, analytical abilities and organisational expertise, will make you highly desirable to employers.

Former graduates have been taken on as professional economists and economic advisers by the Bank of England, the Civil Service, management consultancies and diverse companies in a wide range of areas.

Your skills are also easily transferable to various roles such as marketing, management, advertising and consultancy.

Lancaster University is dedicated to ensuring you not only gain a highly reputable degree, you also graduate with the 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 awareness, career development, campus community and social development. Visit our Employability section for full details.

Lancaster Management School has an award winning careers team to provide a dedicated careers and placement service offering a range of innovative services for management school students. Our high reputation means we attract a wide range of leading global employers to campus offering you the opportunity to interact with graduate recruiters from day 1 of your degree.

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 2020/21 are:

UK/EU Overseas
£9,250 £21,012

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 may incur travel costs dependant on their placement location.

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. 

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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.