Business Economics (Industry) BSc Hons
Should a company open a new store? Who gains from interest rate changes? What are the implications of performance-related pay If you would like to learn more about the relevance of economics to business and management, this four-year degree including a paid placement in the industry could be for you. It follows our approach of applying to learn to real-world issues.
This degree balances a thorough grounding in Economics with the chance to explore one or more subjects from the Management School. In your first year, you can choose to find out more about accounting, finance, strategy, organizations and their people, marketing and the principles of economics. You don’t need an A level in Economics and there’s less focus on maths and statistics than some of the other Economics options.
All second years learn about macroeconomics, microeconomics and social research methods. This includes topics such as competitive advantage, the international financial sector, and strategic behavior. There are also options covering the economics of crime, game theory and the role of governments within the economy.
Your third year is spent in the industry. You’ll be supported in securing a placement, with past students joining companies such as IBM, Lloyds Bank, Microsoft, PwC and the Bank of England. Roles on offer range from project management and logistics to investment, business development, and risk. Most placements are in the UK but there are some options overseas.
Your placement experiences will form the basis of your final year dissertation. In your final year, you will be able to specialize further in specific fields such as econometrics, health economics, industrial organization, and monetary macroeconomics.
Intakes
- Sep
Application Processing Time in Days: 20
Minimum English Language Requirements
English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
---|---|---|---|---|---|
Expert | 9 | 120 | 297-300 | 86-90 | |
Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
Very Good | 8 | 110-114 | 270-280 | 79-83 | |
Good | 7.5 | 102-109 | 253-267 | 73-79 | |
Good | 7 | 94-101 | 240-253 | 65-73 | |
Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
Competent | 6 | 60-78 | 170-210 | 50-58 | |
Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
Modest | 5 | 35-45 | 107-133 | 36-43 | |
Limited | 4 | 32-34 | 97-103 | 30-36 | |
Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
Access help and advice, search for opportunities, see what events are taking place, apply for the Lancaster Award, explore further study options and other pathways to your future career.
Careers and Employability is open. All of our services are now available remotely.
You can book telephone or video appointments with our Careers Team, attend online workshops, send us a query and access all of our resources online. Information on how to access all of our services is available via this link.
International students bring a wealth of experience to the University and can offer a valuable insight into global careers. Support for international students is available from Lancaster University Careers Service.
PSW Opportunity
PSW is 2 years
Admission Requirement / Eligibility Criteria
Indian Certificate of Secondary Education (Standard XII)
Pass with 75% to 87% average from the best 4 subjects, excluding Hindi and PE.
- Course Code: 4V11
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 04 Year
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Total Tuition Fee:
81760 GBP
Annual Cost of Living: 9207 GBP
Application Fee: N/A
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