BSc Business Economics with a Placement Year


Attendance
Full Time
Award
Degree of Bachelor of Science



UCAS Course Code
L11P
A-Level typical
AAB (2019/0 entry) See All Requirements
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All businesses operate within an economic context. If you aspire to work in business, understanding the economic context in which businesses operate will give you a significant advantage. By studying economics with a focus on business you’ll learn how to create powerful business strategies and make better business decisions. Whether you are interested in business, politics or simply how the world ticks, economics is a wonderful discipline for understanding how individuals make choices, how those choices create markets, and how markets interact to create national and global economies. It also provides the essential understanding for how economic policies can be developed to improve social welfare.

On this course you will spend 9-12 months of your third year in a full-time placement, gaining invaluable working experience and employability skills in a relevant area of your choice.

Overview

On this course you will combine insights from economics with a focus on business economics. This will give you an understanding of the economic context in which modern business operates, helping you gain the skills to develop business strategies in a competitive environment.

To learn how the economy works from a business perspective you'll study microeconomics, macroeconomics, economic modelling and statistics. You’ll also discover how businesses operate and interact within an economy. You’ll be introduced to the decisions firms need to make in the module The Economics of Business Decision-Making and investigate financial decision making in The Economics of Corporate Finance.

You’ll also learn about the fundamentals of corporate finance, business strategy and the significance of increasing globalisation, as well as exploring industrial organisation, competition economics and how markets operate.

You can then complement your core studies with optional modules in economics and finance, which cover areas such as labour, public policy, financial markets, derivatives, risk management, history of economic thought, the economics and business of sport, alternative investments, and environmental economics.

Course Structure

On this three year course you’ll study a core set of compulsory modules in business and business economics – plus get a choice of optional modules to tailor your learning to your interests.

Year 1

In your first year you’ll discover macro and microeconomics through core economics modules and gain an understanding of economic modelling and statistical techniques through the modules Introductory Mathematics for Economists and Introductory Statistics for Economists. You’ll also get an introduction to the decisions firms need to make in The Economics of Business Decision-Making.

Year 2

You’ll continue to strengthen your understanding of the macro and micro economy, alongside learning about the collection and analysis of data. In Introductory Econometrics you’ll build your statistical skills – and get the chance to apply them in a practical project in the module Econometrics Research Project. This module is also designed to enhance your employability.

Alongside this you’ll explore the financial decisions firms make in The Economics of Corporate Finance. You’ll choose optional modules covering areas such as international trade, business strategy and globalisation.

Year 3

In your third year you will spend 9-12 months in a full-time placement.

Year 4

In your final year, you’ll specialise in industrial organisation and competition economics – enhancing your knowledge of how markets operate and firms compete. You can complement this with macroeconomic, microeconomic and econometric modules.

You will also get to choose further optional modules in economics and finance – in areas such as labour, public policy, financial markets, derivatives, risk management, history of economic thought, economics and business of sport, alternative investments, and environmental economics. And you can take a dissertation during your final year.

Teaching and Learning

You will be taught by a lively, friendly research-oriented team who are committed to teaching excellence.

We have an international reputation in many key areas, including economic theory and applied subjects. Our research interests include behavioural economics, competition economics, environmental policy, conflict, contests and corporate behaviour, finance and financial markets, labour market studies in education, family and welfare, and cultural and creative industries. 

Independent study

You can deepen your understanding and experience by taking part in various student-led initiatives. The Economics Society is the perfect place to network and socialise with fellow students with shared interests.

There’s also the Norwich Economic Papers – a scholarly journal run by a Student Editorial Board. This is your chance to publish academic work, write discussion pieces and enter essay competitions.

Academic support

To make sure you get the most from your studies and help you reach your full potential, our Learning Enhancement team, based in Student Support Services, are on hand to help in the following areas:

  • Study skills (including reading, note-taking and presentation skills)
  • Writing skills (including punctuation and grammatical accuracy)
  • Academic writing (including how to reference)
  • Research skills (including how to use the library)
  • Critical thinking and understanding arguments
  • Revision, assessment and examination skills (including time management)

If you have additional needs due to disabilities such as sensory impairment or learning difficulties such as dyslexia please talk to our Student Support Services about how we can help.

Assessment

You will be assessed through exams and different types of coursework – such as essays, presentations, research exercises and group work.

Each type of assessment plays its part – for example: 

  • Essays will test your general levels of understanding and ability to apply concepts
  • Course tests will check you have mastered the technical material
  • Exams will provide the opportunity for open-ended treatment of material
  • Econometric projects will test your ability to apply, interpret and assess statistical techniques
  • Critical reviews of academic articles will check your understanding and ability to critically assess

In some modules we use audience response system technologies, which help to establish a dialogue with your teachers and give you feedback in real time.

Optional Study abroad or Placement Year

On this course you will spend 9-12 months of your third year in a full-time placement, gaining invaluable working experience and employability skills in a relevant area of your choice.

After the course

You’ll be well placed to choose from a wide range of career opportunities when you graduate – including business, consulting, banking, politics, insurance, Civil Service, business economics, personnel, accountancy, actuarial work, marketing, investment and financial risk analysis, and international organisations.

Career destinations

Career destinations related to your degree include:

  • Actuarial analyst
  • Data analyst
  • Economist
  • Financial risk analyst
  • Investment analyst
  • Statistician

Course related costs

You are eligible for reduced fees during your placement year. Further details are available on our Tuition Fee website.

There may be extra costs related to items such as your travel and accommodation, which will vary depending on location.

Please see Additional Course Fees for details of other course-related costs.

Course Modules 2018/9

COURSE MODULES 2019/20

Year 1

Students with A-level Maths or equivalent will be enrolled on ECO-4003A Mathematics for Economists instead of ECO-4001A Introductory Mathematics for Economists.

Compulsory Modules:

Name Credits Module
Introductory Mathematics For Economists 20 ECO-4001A
Introductory Statistics For Economists 20 ECO-4001B
Introductory Microeconomics 20 ECO-4005Y
Introductory Macroeconomics 20 ECO-4006Y
The Economics of Society 20 ECO-4002A
The Economics of Business Decision-Making 20 ECO-4002B

 

Year 2

Compulsory Modules:

Name Credits Module
Introductory Econometrics 20 ECO-5006A
Intermediate Microeconomics 20 ECO-5007A
Intermediate Macroeconomics 20 ECO-5007B
The Economics of Corporate Finance 20 ECO-5010B

 

Optional Range A:

Students will select a minimum of 20 and a maximum of 20 credits from the following modules.

Name Credits Module
Mathematical Economics 20 ECO-5003A
Strategic Thinking 20 ECO-5004A
International Trade and Integration 20 ECO-5005A

 

Optional Range B:

Students will select a minimum of 20 and a maximum of 20 credits from the following modules.

Name Credits Module
Behavioural Economics 20 ECO-5005B
The European Economy 20 ECO-5006B
Econometrics Research Project 20 ECO-5008B
History of Economic Thought 20 ECO-5009B

 

Year 3

Compulsory Modules:

Name Credits Module
Placement Year 120 ECO-5006Y

 

Year 4

Compulsory Modules:

Name Credits Module
Industrial Organisation and Business Strategies 20 ECO-6006A

 

Optional Modules:

Students will select 100 credits in total across option ranges A & B. Students may only select 20 credits for ECO-5* modules in their final year. Students will select no more than 70 credits in any semester.

 

Optional Range A:

Students will select a minimum of 20 and a maximum of 20 credits from the following modules.

Name Credits Module
Further Econometrics and Data Analysis 20 ECO-6003A
Advanced Topics in Microeconomics 20 ECO-6005A
Advanced Topics in Macroeconomics 20 ECO-6005B

 

Optional Range B:

Students will select a minimum of 80 and a maximum of 80 credits from the following modules.

Name Credits Module
Mathematical Economics 20 ECO-5003A
Behavioural Economics 20 ECO-5005B
History of Economic Thought 20 ECO-5009B
Labour Economics 20 ECO-6001A
International Macroeconomics 20 ECO-6001B
Development Economics 20 ECO-6002A
Derivatives and Financial Risk Management 20 ECO-6002B
Economics of the Environment 20 ECO-6003B
Business and Economics of Sport 20 ECO-6004A
The Economics of Alternative Investments 20 ECO-6004B
Competition in the Digital Age 20 ECO-6006B
The Economics of Financial Markets 20 ECO-6007A
Government, Welfare and Policy 20 ECO-6008A
Political Economy 20 ECO-6008B
Economics Dissertation 20 ECO-6009Y

Disclaimer

Whilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules and regular (five-yearly) review of course programmes. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, there will normally be prior consultation of students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff or sabbatical leave. In some cases optional modules can have limited places available and so you may be asked to make additional module choices in the event you do not gain a place on your first choice. Where this is the case, the University will endeavour to inform students.

Entry Requirements

  • A Level AAB excluding General Studies
  • International Baccalaureate 33 points
  • Scottish Advanced Highers BBC
  • Irish Leaving Certificate 4 subjects at H2 and 2 subjects at H3
  • Access Course Pass with Distinction in 36 credits at Level 3 and Merit in 9 credits at Level 3
  • BTEC DDD. BTEC Public Services and Business Administration not accepted
  • European Baccalaureate 80%

Entry Requirement

You are required to have English Language at a minimum of Grade C or Grade 4 or above and Mathematics at Grade B or Grade 5 or above at GCSE.

A GCE A-Level in General Studies and ifs Diploma are not accepted.

UEA recognises that some students take a mixture of International Baccalaureate IB or International Baccalaureate Career-related Programme IBCP study rather than the full diploma, taking Higher levels in addition to A levels and/or BTEC qualifications. At UEA we do consider a combination of qualifications for entry, provided a minimum of three qualifications are taken at a higher Level. In addition some degree programmes require specific subjects at a higher level.

Students for whom English is a Foreign language

We welcome applications from students from all academic backgrounds. We require evidence of proficiency in English (including speaking, listening, reading and writing) at the following level:

IELTS: 6.0 overall (minimum 5.5 in any component)

We will also accept a number of other English language qualifications. Please click here for further information.

INTO University of East Anglia

If you do not meet the academic and/or English language requirements for this course, our partner INTO UEA offers guaranteed progression onto this undergraduate degree upon successful completion of a foundation programme. Depending on your interests and your qualifications you can take a variety of routes to this degree:

International Foundation in Business, Economics, Society and Culture

International Foundation in Mathematics and Actuarial Science

INTO UEA also offer a variety of English language programmes which are designed to help you develop the English skills necessary for successful undergraduate study:

Pre-sessional English at INTO UEA

English for University Study at INTO UEA

Interviews

The majority of candidates will not be called for an interview and a decision will be made via UCAS Track. However, for some students an interview will be requested. You may be called for an interview to help the School of Study, and you, understand if the course is the right choice for you.  The interview will cover topics such as your current studies, reasons for choosing the course and your personal interests and extra-curricular activities.  Where an interview is required the Admissions Service will contact you directly to arrange a convenient time.

Gap Year

We welcome applications from students who have already taken or intend to take a gap year.

We also welcome applications for deferred entry, believing that a year between school and university can be of substantial benefit. You are advised to indicate your reason for wishing to defer entry and may wish to contact the appropriate Admissions Office directly to discuss this further.

Intakes

The School's annual intake is in September of each year.

Alternative Qualifications

Candidates with equivalent qualifications are encouraged to apply, or contact the Admissions Office for further information.

International candidates are also actively encouraged to access the University's International Students webpage.

Fees and Funding

Undergraduate University Fees and Financial Support

Tuition Fees

Information on tuition fees can be found here:

UK students

EU Students

Overseas Students

Scholarships and Bursaries

We are committed to ensuring that costs do not act as a barrier to those aspiring to come to a world leading university and have developed a funding package to reward those with excellent qualifications and assist those from lower income backgrounds. 

The University of East Anglia offers a range of Scholarships; please click the link for eligibility, details of how to apply and closing dates.

How to Apply

Applications need to be made via the Universities Colleges and Admissions Services (UCAS), using the UCAS Apply option.

UCAS Apply is a secure online application system that allows you to apply for full-time Undergraduate courses at universities and colleges in the United Kingdom. It is made up of different sections that you need to complete. Your application does not have to be completed all at once. The system allows you to leave a section partially completed so you can return to it later and add to or edit any information you have entered. Once your application is complete, it must be sent to UCAS so that they can process it and send it to your chosen universities and colleges.

The UCAS code name and number for the University of East Anglia is EANGL E14.

FURTHER INFORMATION

If you would like to discuss your individual circumstances with the Admissions Service prior to applying please do contact us:

Undergraduate Admissions Service
Tel: +44 (0)1603 591515
Email: admissions@uea.ac.uk

Please click here to register your details via our Online Enquiry Form.

International candidates are also actively encouraged to access the University's International section of our website.

    Next Steps

    We can’t wait to hear from you. Just pop any questions about this course into the form below and our enquiries team will answer as soon as they can.

    Admissions enquiries:
    admissions@uea.ac.uk or
    telephone +44 (0)1603 591515