>Study at York>Undergraduate>Courses>Economics and Finance (BSc)

Overview Your springboard to a career in the financial world


UCAS code

L112

Typical offer

AAA (full entry requirements)

Length

3 years full-time

Confirmation, Adjustment and Clearing 2016

Economics and Finance 

This current and highly relevant degree gives you a broad understanding of economics and finance, focusing on the principles of macro- and microeconomics and econometrics and their impact on the world around us, from the individual to organisational level and on a global scale. The ongoing effects of the financial crisis means there has never been a more exciting time to be involved with this subject.

You will gain an extensive knowledge of economic and financial theory and will develop strong analytical, empirical and interpretive skills that are highly valued by employers and that will put you ahead of the game in terms of employability.

Taught by experts with significant industry and research experience, if you are interested in a future in the financial services industry – working in areas such as banking, accountancy, insurance and investment analysis or financial management – then this is the course for you.

We have a proven track record for the success of our economics graduates, in fact 95% of our graduates have gone on to careers in a relevant industry – one of the highest employment figures in the sector.

I'd advise economics students to apply for internships/work experience programmes. During my degree, I took part in the Deloitte Summer Vacation Scheme and as a result of this I secured a graduate job in the Mergers and Acquisitions tax department at Deloitte. I was recently head hunted through LinkedIn for a job at PwC.
Emily

Course content What you’ll study


General

This popular degree enables you to learn about the rapidly developing subject of finance, within the broader study of economics. Based in one of the largest Economics departments in the UK with one of the highest proportions of research-active staff, you will benefit from learning with those at the cutting-edge of their subjects.

Our economics courses share a common first year in which we introduce the key areas that underpin the rest of the course. In Years 2 and 3 you will consolidate and expand upon this knowledge via a series of core and optional study modules which have been developed to give you a thorough understanding of the subject and enable you to tailor the degree to fit your academic and career interests.

Year 1

The first year provides a broad introduction, covering everything from small scale economic decisions at an individual and local level through to issues that impact upon national and international economies.

Core modules

● Microeconomics introduces the key concepts and tools of economic analysis and develops your understanding of the financial decision-making processes of individuals and organisations. (30 credits)

● Macroeconomics focuses on the issues that affect the economy as a whole, such as employment trends and inflation. (30 credits)

● Mathematics will introduce you to the main mathematical techniques used in economics. (10 credits)

● Probability provides the tools required to understand probability ideas and problems and a foundation for inferential statistics. (10 credits)

● Statistics introduces techniques of statistical inference that are used in economics, business, social sciences and problem-solving. (10 credits)

● Economic Data Analysis shows you how to find, use and interpret real economic and financial data. (10 credits)

● Historical Perspectives provides an insight into the economic changes that have shaped the modern world. (20 credits)

 

More detailed module descriptors

Academic integrity module

In addition to the above you will also need to complete our online Academic Integrity module. This covers some of the essential skills and knowledge which will help you to study independently and produce work of a high academic standard which is vital for success at York.

This module will:

  • define academic integrity and academic misconduct
  • explain why and when you should reference source material and other people's work
  • provide interactive exercises to help you to assess whether you've understood the concepts
  • provide answers to FAQs and links to useful resources.

Year 2

 

The second year will allow you to explore areas of interest in greater detail through a combination of core and optional modules.

Core modules

● Econometrics 2 provides an understanding of the analysis of economic models using statistical methods, improves your understanding of applied economic articles and develops the skills needed to evaluate and interpret research findings. (20 credits)

● Mathematics 2 introduces some of the most frequently used quantitative methods in economics, equipping you with the techniques and fluency that are essential to analyse and solve a range of economic problems in the third year and beyond. (10 credits)

● Macroeconomics 2 introduces you to the mainstream macroeconomic models that are employed by policymakers around the world today. (20 credits)

● Microeconomics 2 will introduce you to the most important concepts, methods, tools and techniques of economic analysis and provides a strong basis for advanced economic modules. (20 credits)

● Introduction to Accountancy examines the main principles of company accounting and financial reporting and provides an overview of the activities of the accountancy profession in the UK and the main challenges which it faces. (10 credits)

● Financial Economics and Capital Markets provides you with an understanding of the rapidly evolving theory of finance, what influences financial decisions and the importance of managing risks in financial markets and examines the key issues faced by capital markets. (20 credits)

Optional modules

Options totalling 20 credits to be chosen from a list including; Dynamic Modelling, Econometric Theory 1, Econometric Theory 2, Economics of Population, Cost Benefit Analysis, Financial Economics and Capital Markets, Intro to Accountancy, Commodity Markets, Development Economics, Making Poverty History.

More detailed module descriptors

Year 3

During third year you will take 40 core credit modules and have the opportunity to take 80 credits worth of optional modules, allowing you to tailor your degree to suit your personal interests and career goals.

Core modules

● Principles of Corporate Finance and Derivative Securities fosters an understanding of the theory and practice of corporate finance, how to use financial theory to solve practical problems and provides an advanced analysis of the major issues affecting the financial policy of a modern corporation. (20 credits)

● Structure and Regulation of Financial Markets develops your understanding of financial market failure and regulations, with particular reference to the British financial system; it also explains how problems can occur in the market when one party in a transaction has access to more information than the other. (20 credits)

Option modules

Options totalling 80 credits to be chosen from a list including; Applied Economics, Mathematical Economics, Monetary Economics, Alternative Perspectives, Applied Econometrics, Econometric Methods for Research, Financial and Time Series Econometric, International Economics, Bubbles, Panics and Crashes, Industrial Economics, Health Economics, Macroeconomics 3, Microeconomics 3.

More detailed module descriptors

Please note that not every module runs in every year, we will ask you to select from the modules that are running for that year.

Study abroad

Our Study Abroad scheme gives you the opportunity to transfer to one of our overseas partner universities for the second year of the course. By adding an international perspective to your university experience, you can strengthen your CV and improve your standing with employers in a global industry. Current students have visited Hong Kong, Australia and the USA as part of their study abroad experience.

There are a number of Study Abroad options at York. Here are some of the many opportunities you'll find here at the University:

Teaching and assessment How you’ll be taught and assessed


seminar students

Teaching format

At York we place a strong focus on applying theory to real-life situations and we incorporate practical work into our teaching to improve your planning, teamwork and research.

Our academics have links with industry and are responsive to developments in the sector, so you can be sure you will gain a well-informed account of the current issues and challenges facing organisations. In addition, each module has its own area on the virtual learning environment that provides easy access to supporting learning materials.

Economics and Finance

Assessments

Assessment varies from module to module and includes a combination of exams, written essays and project work.

Your tutors will give feedback in a variety of forms depending on the specific needs of the module. This may consist of written feedback, in-class discussion, model answers, one-to-one discussions or online responses.

Careers Where you’ll go from here


Career prospects for York graduates are excellent. This flexible course has been developed to meet the needs of the business world and provide you with the skills you need to succeed.

Career opportunities

We have one of the strongest graduate employment records in the sector with graduates going on to work in:

● Banking

● Business

● Finance

● Central government

● Law.

 

Transferable skills

Economics students graduate with a wide range of transferable skills. As well as developing your subject-specific knowledge, an economics degree will equip you with:

● Analytical thinking

● Empirical and interpretive skills

● Communication skills

● Problem-solving.

Following graduation around a third of our students go on to postgraduate study. Many progress to an MSc here at York. The Department of Economics has one of the largest graduate schools in the country for training and research.

Previous graduates have gone on to work for organisations such as: KPMG UK, Ernst and Young, the World Food Programme, Barclays, PwC, HM Revenue and Customs, Goldman Sachs, the European Parliament.

Entry requirements How to get here


Course entry

All applications must be made through UCAS. Accepted applicants will be invited to visit between November and April. That's when you can meet our current students and staff, and your visit can include a one-to-one conversation with a member of academic staff.

A-levels and GCSEs

A*AA-AAA

Essential subject: A level Mathematics grade A or equivalent

We will only accept either A level Economics or Business Studies, but not both, from candidates who are taking both

Other UK qualifications

Scottish Highers / Advanced Highers: AAAAA at Higher Level and AA at Advanced Higher Level

Irish Leaving Certificate: AAAAAB

BTEC: BTEC Extended Diploma with DDD (may vary for combined programmes)

European Baccalaureate: An overall average of 85%

Other qualifications

● Cambridge Pre-U: D3, D3, D3

● Access to HE: Obtain Access to HE Diploma with 30 credits achieved from units awarded Distinction and 15 awarded Merit or higher. We strongly recommend some Level 3 units be taken in mathematical subjects

International options

International Baccalaureate: Obtain the Diploma with 36 points with a minimum grade of 6 points in three Higher Level subjects

English language

IELTS: 6.5, with a minimum of 6.0 in each component

Pearson: 61, with a minimum of 55 in each component

CAE
 and CPE (taken from January 2015): 176, with a minimum of 169 each component

TOEFL
: 87 overall, with a minimum of 21 in Listening, 21 in Reading, 21 in Speaking, 21 in Writing

Trinity ISE III
: Merit in all components

Unistats for this course

Enquire Contact our admissions tutor if you have any questions