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University of Essex

Accounting with Economics

UCAS Code: NL41

Bachelor of Science (with Honours) - BSc (Hons)

Entry requirements


A level

B,B,B

Access to HE Diploma

M:45

International Baccalaureate Diploma Programme

30

Including Standard Level Mathematics or Maths Studies grade 4 or above (if not taken at Higher Level). Maths in the IB is not required if you have already achieved GCSE Maths at grade C/4 or above or 4 in IB Middle Years Maths. We are happy to consider a combination of separate IB Diploma Programmes at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for. Please contact the Undergraduate Admissions Office for more information.

Entry requirements for students studying BTEC qualifications are dependent on subjects studied. Advice can be provided on an individual basis. The standard required is generally at Distinction level.

UCAS Tariff

120

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

About this course


Course option

3.0years

Full-time | 2021

Subjects

Economics

Accounting

On this professionally accredited course, you learn how economic theories and concepts can be applied to accounting practices to improve business performance. You acquire knowledge and practical skills in financial and management accounting and gain an understanding of how economic principles can drive changes in accounting. Completion of our course provides you with accreditations and exemptions from The Association of Chartered Certified Accountants (ACCA), The Institute of Chartered Accountants in England and Wales (ICAEW) and The Chartered Institute of Management Accountants (CIMA). This means that you are able to gain a professional qualification by taking fewer exams when you graduate, giving your career a head start. You study topics including: the preparation of financial statements, costing, budgeting and performance evaluation, financial and management accounting theory, micro and macroeconomics and international trade. Your first year also introduces you to marketing, management and finance to provide you with a fully-rounded business education. This course combines expertise from Essex Business School (EBS) and the Department of Economics. EBS is an internationally diverse place to study, committed to responsible business practice, so your course will explore the importance of accountability. The Department of Economics is top five in the UK for research, with over 90% of research rated “world-leading” or “internationally excellent” (REF 2014). You are taught by a highly qualified, enthusiastic team of academics and practitioners, who ensure you learn about the issues facing today’s accountants and economists. You’ll often see our academics, such as Professor of Accounting Prem Sikka, talking to the media about contemporary business issues. Our economics researchers are at the forefront of their field and have even received MBEs. Many provide consultancy services to businesses in London and other major financial centres.

Modules

You can tailor your learning experience to your future career with a choice of optional modules. More information about these can be found on the University of Essex website.

Tuition fees

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

Channel Islands
£9,250
per year
England
£9,250
per year
EU
£17,700
per year
International
£17,700
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

Colchester Campus

Department:

Essex Business School

TEF rating:
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.

84%
high
Economics
80%
med
Accounting

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

76%
Staff make the subject interesting
89%
Staff are good at explaining things
80%
Ideas and concepts are explored in-depth
80%
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

91%
Library resources
95%
IT resources
95%
Course specific equipment and facilities
86%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

74%
UK students
26%
International students
73%
Male students
27%
Female students
89%
2:1 or above
12%
Drop out rate

Most popular A-Levels studied (and grade achieved)

C
D
B

Accounting

Teaching and learning

71%
Staff make the subject interesting
91%
Staff are good at explaining things
87%
Ideas and concepts are explored in-depth
71%
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

89%
Library resources
91%
IT resources
83%
Course specific equipment and facilities
75%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

58%
UK students
42%
International students
60%
Male students
40%
Female students
66%
2:1 or above
10%
Drop out rate

Most popular A-Levels studied (and grade achieved)

C
C
C

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.

£22,500
med
Average annual salary
90%
low
Employed or in further education
58%
low
Employed in a role where degree was essential or beneficial

Top job areas of graduates

24%
Business, finance and related associate professionals
15%
Sales, marketing and related associate professionals
14%
Sales assistants and retail cashiers

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.

Accounting

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.

£20,500
med
Average annual salary
93%
med
Employed or in further education
78%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

27%
Administrative occupations: finance
23%
Business, finance and related associate professionals
21%
Business, research and administrative professionals

You don't have to be an accountant if you take this degree, but over half of graduates take a look at the rewards on offer for accountancy trainees and go into the job. Many others go into other parts of the finance industry as advisors or book-keepers, and some go into management or marketing. London is very popular for accountancy graduates going into their first job, but it's also quite common to work in Scotland, with Glasgow a perennial hotbed of Scottish accountancy recruitment. If you want to find a job in finance as an accountancy graduates, recruitment agencies were particularly important last year, so try to get in touch with one as soon as you can to improve your chances.

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.

£24k

£24k

£32k

£32k

£36k

£36k

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.

Business & administrative studies

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

£20k

£20k

£26k

£26k

£28k

£28k

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.

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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).

We calculate a mean rating of all responses to indicate whether this is high, medium or low compared to the same subject area at other universities.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA).

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