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BSc (Hons) in Economics with Industry Placement, Lancaster University

Lancaster,

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48 Months

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About this course

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Lancaster's BSc Economics (Industry) begins by introducing the foundational principles of economic theory and emphasizes mathematical and statistical methods used in economics. The course teaches students to interpret data, understand decisions made by individuals, organizations, and governments, and evaluate policies. The degree offers flexibility to explore specializations like international trade, environmental economics, health economics, and behavioural economics, aligning with students' evolving interests. In the second year, students deepen their understanding of micro and macroeconomics, econometrics, and research methods. The third year is spent in industry with placement support, with placements in companies such as IBM, Lloyds Bank, and the Bank of England. The final year allows for module selection to tailor the degree to personal aspirations. The course combines rigorous economics training with the opportunity to study alongside relevant subjects like Politics, Geography, and International Relations.

Why this course is highly recommended

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Lancaster's Economics (Industry) degree is highly regarded for its academic rigor and flexibility. It prepares students with a strong foundation in economic theory while allowing them to customize their learning based on interests. The course's industry placement year offers valuable real-world experience, with placements at renowned companies like IBM, Lloyds Bank, and the Bank of England. Lancaster's focus on employability skills, career support, and industry engagement makes it an excellent choice for students aiming to pursue careers in finance, government, or consultancy, or continue with postgraduate studies.

Specialisation

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Students can tailor their degree by choosing modules in areas such as international trade, environmental economics, health economics, and behavioural economics. The course also offers options to combine economics with Politics, International Relations, Geography, and Politics and Philosophy, allowing students to create a degree path that suits their interests and future career plans.

Course fees

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Application fees

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1st year tuition fees

26.87L

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Living cost

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Degree requirements

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Applicants need AAB grades, including Mathematics, at A level. Other qualifications such as the IB (35 points), BTEC, Scottish Highers, and Advanced Highers are also accepted with specific subject and grade conditions. English language proficiency requires an IELTS score of 6.5 overall, with at least 5.5 in each component.
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English language test

IELTS

6.5

TOEFL

87

PTE

58

DUOLINGO

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Career prospects

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Graduates from Lancaster's Economics (Industry) course have gone on to work in industry, business, finance, consultancy, and government. Many have joined banks and financial firms like HSBC and Deloitte or secured places on postgraduate schemes at top institutions. They often pursue careers as economists at the Bank of England, the Institute for Fiscal Studies, or in academia. The degree also supports careers in public policy, international organizations, and corporate sectors.

FAQs

Do I need an A level in Economics to apply?

No, an A level in Economics is not required, but you do need A level Mathematics.

What work experience opportunities are available?

The course includes a third-year placement supported by the Careers team, with opportunities at companies like IBM, Lloyds Bank, and the Bank of England.