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Economics and Personal Finance (T36)

Entry requirements


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About this course


Course option

1year

Distance learning | 2024

Subjects

Economics

Finance

By studying this certificate, you'll appreciate how economic theory helps understand real world important issues in areas such as government policy, international trade, business decisions, work and innovation. You’ll discover how economics and the economies have evolved over time. This will give you a building block towards acquiring a critical perspective on economics and economic choices for our daily lives. As you’re learning about income, expenditure, savings and investments, you'll gain practical tools and ideas on how to manage your own money effectively.

**Key features of the course**

- Understand how economic theory relates to a variety of real-world topics in society.

- Introduces statistical methods and how to apply them to actual economic problems.

- Develop introductory skills in analytical thought, numeracy and data analysis that are valued by employers.

- Learn practical skills enabling you to manage your money better.

Modules

You will be introduced to economic, mathematical and statistical methods and theories. Various approaches to economics will be taught in a historical context and with a specific focus on managing your personal finances.

Assessment methods

This qualification develops your learning in four main areas:

Knowledge and understanding
Cognitive skills
Practical and professional skills
Key skills

The level and depth of your learning gradually increases as you work through the qualification. You’ll be supported throughout by the OU’s unique style of teaching and assessment – which includes a personal tutor to guide and comment on your work; top quality course texts; e-learning resources like podcasts, interactive media and online materials; tutorial groups and community forums.

The Uni


Course location:

Distance Learning

Department:

The Open University

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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.

88%
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
82%
Staff are good at explaining things
82%
Ideas and concepts are explored in-depth
72%
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

86%
Library resources
83%
IT resources
86%
Course specific equipment and facilities
85%
Course is well organised and has run smoothly

Student voice

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

Finance

Sorry, no information to show

This is usually because there were too few respondents in the data we receive to be able to provide results about the subject at this university.

After graduation


We don't have more detailed stats to show you in relation to this subject area at this university but read about typical employment outcomes and prospects for graduates of this subject below.

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.

£30k

£30k

£34k

£34k

£41k

£41k

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.

Sorry, no information to show

This is usually because there were too few respondents in the data we receive to be able to provide results about the subject at this 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.

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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.

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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.

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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

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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?

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