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University of Portsmouth

Economics, Finance and Banking

UCAS Code: LN13

Bachelor of Science in Economics (with Honours) - BSc Econ H

Entry requirements


A level

A,A,B-B,B,B

We also accept other combinations equivalent to 120-128 Tariff points from 3 A levels.

122-128 Tariff points from the Access to HE Diploma.

Cambridge Pre-U score of 56-60.

GCSE/National 4/National 5

5 GCSEs at grade C or above to include English and Mathematics/5 GCSEs at grade 4 or above to include English and Mathematics.

International Baccalaureate Diploma Programme

29-30

29 points from the IB Diploma. 664 at Higher Level - 30 points from the IB Diploma. 665 at Higher Level.

Leaving Certificate - Higher Level (Ireland) (first awarded in 2017)

H3,H3,H3,H3,H3-H2,H2,H3,H3,H3

Acceptable when combined with other qualifications.

Acceptable when combined with other qualifications.

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

DDM

120-128 Tariff points.

UCAS Tariff

120-136

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

About this course


This course has alternative study modes. Contact the university to find out how the information below might vary.

Course option

3.0years

Full-time | 2021

Other options

4.0 years | Sandwich | 2021

Subject

Financial mathematics

**Overview**
The financial sector – which includes banking activities such as lending, accepting and safeguarding money – is a key element of a functioning economy.

If you have an interest in financial markets and the banking industry, and want to understand how financial services and wider economic factors affect the sector, this BSc (Econ) (Hons) Economics, Finance and Banking degree course is ideal.

You'll get a comprehensive understanding of economics theory and learn to apply it to the fields of finance and banking, using real scenarios. You'll build on your maths and statistics skills, and learn data analysis and research methods, gaining a clearer view of the how and why of the financial sector.

In years 2 and 3, you can choose modules that match your interests and career ambitions on specialist subjects such as game theory, public sector economics and economic policy.

You'll have the opportunity to apply your skills in the workplace on an optional sandwich year after year 2. You can also experience another culture by spending this year studying abroad.

After the course, you'll be set for a career in areas such as investment banking, tax consultancy and risk management. Your knowledge and skills will make you a valuable asset to any business.

This degree shares some first-year elements with several other economics courses. This gives you the flexibility to transfer to another course after year 1 if you develop an interest in a specific subject area.

**What you'll experience**
* Learn from active researchers, whose expertise on topics such as herding behaviour and anti-competitive practice in foreign exchange markets is helping shape our society and the economy

* Get a comprehensive foundation in economics with a focus on the world of finance, covering topics on money, banking and financial markets

* Develop the maths, statistics and research skills you need to be a competent economist

* Tailor your studies to focus on the specialist topics that interest you

* Use the latest econometric software, such as eViews

* Analyse market movements and learn to make fast-paced investment decisions using our Bloomberg Suite, the trading platform used by professionals

* Get the Bloomberg Certificate as part of your studies, demonstrating to future employers that you know your way around the Bloomberg Suite

You can also:

* Apply your knowledge in the workplace on a year-long work placement, boosting your employability prospects after the course

* Study abroad through our links with overseas universities

* Learn a language while you earn credit towards your degree as part of the University's IWLP programme

**Careers and opportunities**
The skills you learn on this degree are in high demand in the public and private sectors.

When you complete the course, you'll be prepared for work in areas such as commercial and investment banking, accounting, tax consultancy and risk management. Your skills and knowledge will also be an asset in most business settings.

You could also study a postgraduate qualification or apply for a graduate development scheme.

**Work experience and career planning**
To help you secure a great job when you graduate, our Careers and Employability service can help you find relevant work experience during your course to develop your skills and build links in the industry.

You'll get careers support throughout your studies and for 5 years after you graduate.

**Entrepreneurs in Residence**
If you're interested in setting up your own business while you study, you can get support on this course from the Entrepreneurs in Residence programme. Our Entrepreneurs in Residence are experienced business professionals who help you plan and market your business idea.

**Placement year**
After your second year, you'll get the opportunity to take an optional placement year, working in an organisation to gain valuable experience and put your skills to work.

Modules

Year 1
Core modules in this year include:
- Microeconomics
- Macroeconomics
- Issues in Finance and Banking
- Mathematics for Economics
- Statistics for Economics
- Business Accounting

There are no optional modules in this year.

Year 2
Core modules in this year include:
- Economics of Money, Banking and Financial Markets
- Intermediate Macroeconomics
- Intermediate Microeconomics
- Econometric Methods
- Data and Research Methods for Economics

Optional modules in this year currently include:
- International Economics
- Financial Management
- Managerial and Decision Economics
- Behavioural Economics and Game Theory
- Financial Management
- Study Abroad (year long)

Placement year (optional)
On this course, you can do an optional work placement year between your 2nd and 3rd years to get valuable experience working in industry. We’ll help you secure a work placement that fits your situation and ambitions. You’ll get mentoring and support throughout the year.

Year 3
Core modules in this year include:
- International Banking and Financial Instruments
- Financial Economics
- Development Economics

Optional modules in this year currently include:
- Advanced Topics in Economics
- Advanced Corporate Financial Management
- Behavioural Finance and the Psychology of Investment
- Industrial Organisation and Competition Policy
- Development Economics
- Econometric Analysis
- Labour Economics
- Public Sector Economics
- Industrial Organisation and Competition Policy

We use the best and most current research and professional practice alongside feedback from our students to make sure course content is relevant to your future career or further studies.

Therefore, some course content may change over time to reflect changes in the discipline or industry and some optional modules may not run every year. If a module doesn’t run, we’ll let you know as soon as possible and help you choose an alternative module.

Assessment methods

How you're assessed
You’ll be assessed through:

analysis of topical case studies
written reports
examinations
essays
presentations
self-led independent study project
You’ll be able to test your skills and knowledge informally before you do assessments that count towards your final mark.

You can get feedback on all practice and formal assessments so you can improve in the future.

The way you’re assessed may depend on the modules you select. As a guide, students on this course last year were typically assessed as follows:

Year 1 students: 62% by written exams, 4% by practical exams and 34% by coursework
Year 2 students: 62% by written exams and 38% by coursework
Year 3 students: 37% by written exams and 63% by coursework

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
£9,250
per year
International
£15,500
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

University of Portsmouth

Department:

Faculty of Business and Law

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.

87%
med
Financial mathematics

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.

Mathematics

Teaching and learning

84%
Staff make the subject interesting
95%
Staff are good at explaining things
81%
Ideas and concepts are explored in-depth
67%
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

92%
Library resources
92%
IT resources
81%
Course specific equipment and facilities
79%
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
67%
Male students
33%
Female students
74%
2:1 or above
8%
Drop out rate

Most popular A-Levels studied (and grade achieved)

B
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.

Mathematics

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.

£20,821
low
Average annual salary
97%
high
Employed or in further education
78%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

41%
Business, finance and related associate professionals
13%
Business, research and administrative professionals
8%
Information technology and telecommunications professionals

Want to feel needed? This is one of the most flexible degrees of all and with so much of modern work being based on data, there are options everywhere for maths graduates. With all that training in handling figures, it's hardly surprising that a lot of maths graduates go into well-paid jobs in the IT or finance industries, and last year, a maths graduate in London could expect a very respectable average starting salary of £27k. And we're always short of teachers in maths, so that is an excellent option for anyone wanting to help the next generation. And if you want a research job, you'll want a doctorate — and a really good maths doctorate will get you all sorts of interest from academia and finance — and might secure some of the highest salaries going for new leavers from university.

What about your long term prospects?

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

Mathematical sciences

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

£28k

£28k

£30k

£30k

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 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).

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