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Economics (with placement year)

Entry requirements


A level

A,A,A

AAA In some circumstances we may ask applicants to achieve specific grades in certain subjects. While no specific A Level (or equivalent) subjects are required, we strongly prefer combinations drawn from traditional (academic) subjects to demonstrate a range of numerical, analytical and discursive abilities. These A Levels include: Ancient History, Biology, Classical Civilisation, Chemistry, Economics, English Language/Literature, Geography, Government and Politics, History, Languages (non-native), Law, Maths/Further Maths, Philosophy, Physics, Psychology, Religious Studies, Sociology and Statistics.

Considered on a case by case basis. Please contact Loughborough University directly.

This qualification is accepted in combination with other qualifications. For details please contact Loughborough University

We recognise the benefit of the Extended Project in developing independent research and critical thinking skills. We would consider this as evidence of motivation to study a specific subject in more depth, and while we do not generally include it as part of our offer conditions, it may be used to further consider an application upon receipt of final examination results. www.lboro.ac.uk/study/undergraduate/apply/entry-requirements/

GCSE/National 4/National 5

Majority 7/6 (A/B) grades at GCSE. Minimum grade 6/B in Maths and English Language GCSE Exceptions: GCSE Maths Grade 6 There is no flexibility in this requirement. However, we will consider a grade B in Level 3 Core Maths as a suitable alternative. GCSE English Language Grade 6 If you have achieved Grade 5 in GCSE English Language, we can still consider an application if you have Grade 6 or above in GCSE English Literature OR At least one essay-based subject* at A Level *Business Studies, Classical Civilisation, Economics, English Language/Literature, Geography, Government and Politics, History, Law, Philosophy, Psychology, Religious Studies, Sociology We may also consider applicants with a contextual indicator who have achieved 5 in GSCE English Language who do not meet the above criteria. Please refer to our Contextual Admissions Policy for further information on the contextual indicators used by the University.

International Baccalaureate Diploma Programme

37

37 (6, 6, 6 HL)

We accept a wide range of international qualifications for entry as outlined on our website – please view the individual course typical offers on our website and choose Ireland in the Country/region drop down field for more information.

Pearson BTEC Level 3 National Diploma (first teaching from September 2016)

DD

National Diploma: DD plus one preferred academic A Level at grade A. BTEC Level 3 Diplomas preferred subjects: If studying a BTEC qualification then Business is preferred, although other BTEC subjects may be considered when offered in combination with one or more academic A Levels outlined above.

Pearson BTEC Level 3 National Extended Certificate (first teaching from September 2016)

D

BTEC Level 3 National Extended Certificate: D plus two A Levels (one of which must be a preferred academic subject) at grades AA. BTEC Level 3 Diplomas preferred subjects: If studying a BTEC qualification then Business is preferred, although other BTEC subjects may be considered when offered in combination with one or more academic A Levels outlined above.

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

D*D*D

National Extended Diploma: D*D*D BTEC Level 3 Diplomas preferred subjects: If studying a BTEC qualification then Business is preferred, although other BTEC subjects may be considered when offered in combination with one or more academic A Levels outlined above.

Scottish Advanced Higher

A,A

AA Advanced Highers plus AAB Highers

For 2024 entry, the following T Levels are currently being considered on a case by case basis. More information can be found on our website at https://www.lboro.ac.uk/study/undergraduate/apply/entry-requirements/

Applicants taking the Welsh Baccalaureate Advanced Diploma will be asked to achieve the A level requirements for their course as part of their qualification. The Skills Challenge Certificate will be accepted alongside two A levels providing individual course entry and subject requirements are met. www.lboro.ac.uk/study/undergraduate/apply/entry-requirements/

UCAS Tariff

112-144

We've calculated how many Ucas points you'll need for this course.

About this course


Course option

4years

Sandwich | 2024

Subject

Economics

Our BSc Economics degree will give you new perspectives on some of the most pressing and challenging problems and choices facing the world today. With the option of a year on placement or studying abroad, this degree will help you stand out to employers and equip you for a wide range of rewarding careers.

Economics relates to every aspect of our lives, from the decisions we make as individuals to the policies adopted by governments and the products and services offered by companies.

By studying our BSc Economics degree you’ll develop the skills of an economist, equipping you to understand how consumers and firms interact and behave, how government policy affects the economy and how financial systems operate. You will have the opportunity to tailor your degree as well with optional modules in more specialist subjects, especially after your year on placement or studying abroad.

BSc Economics opens up a wide range of careers helping organisations or governments make better informed decisions. For example, economics can help governments devise better policies, help banks and financial institutions make better financial decisions, and help business managers make better pricing, production and investment decisions.

Skills for employability is a key part of the Loughborough experience and can really boost your job prospects, and this degree has a module specifically built in to help you develop your study and employability skills.

Modules

For a full list of areas studied, see the 'What You'll Study' section of the course page on our website.

Assessment methods

Depending on the nature of the material, most modules are assessed by a mixture of coursework and examination (for example 20% coursework and 80% examination), whilst a few other modules are assessed by 100% coursework or 100% examination.

Coursework is based on a variety of tasks including individual essays, projects, presentations, contribution in tutorials, group work, class tests, problem sheets and computer-based exercises.

Tuition fees

Select where you currently live to see what you'll pay:

England
£9,250
per year
EU
£24,000
per year
International
£24,000
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

Loughborough University

Department:

Loughborough Business School

Read full university profile

What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

87%
Economics

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Economics

Teaching and learning

79%
Staff make the subject interesting
87%
Staff are good at explaining things
87%
Ideas and concepts are explored in-depth
77%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

88%
Library resources
89%
IT resources
89%
Course specific equipment and facilities
88%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions
Feel part of a community on my course

Who studies this subject and how do they get on?

90%
UK students
10%
International students
77%
Male students
23%
Female students
90%
2:1 or above
5%
First year drop out rate

Most popular A-Levels studied (and grade achieved)

A
A
A

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Economics

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£27,000
med
Average annual salary
94%
med
Employed or in further education
87%
high
Employed in a role where degree was essential or beneficial

Top job areas of graduates

43%
Business, finance and related associate professionals
26%
Business, research and administrative professionals
7%
Sales, marketing and related associate professionals

This is a degree in demand, as business increasingly needs workers who can examine and explain complex data. And yet the number of economics graduates fell by nearly 10% last year, which means demand is even greater. As so many economic grads go into banking and finance, it's not surprising that over half of all 2015's economics graduates who did go into work were working in London. And don't think it's just the finance industry that's interested in these graduates - there's a significant number who enter the IT industry to work with data as analysts and consultants. It's quite common for economics graduates to go into jobs such as accountancy and management consultancy which may require you to take more training and gain professional qualifications - so don’t assume you won’t have to take any more exams once you leave uni. And the incentive to take them, of course, is better pay, which will be on top of an already healthy average starting salary of over £30,000 for graduates working in the capital.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Economics

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£29k

£29k

£36k

£36k

£49k

£49k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

Explore these similar courses...

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Nearby University
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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

This is the percentage of final-year students at this university who were "definitely" or "mostly" satisfied with their course. We've analysed this figure against other universities so you can see whether this is high, medium or low.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA), for undergraduate students only.

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

Have a question about this info? Learn more here

Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here