BSc (Hons) in Mathematics with Economics, Lancaster University

Lancaster,

36 Months

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About this course

Mathematics with Economics at Lancaster University offers a blend of advanced mathematical skills and economic theory, preparing students to understand and analyze global economic systems and models. The course emphasizes applying mathematical and statistical tools to real-world economic issues, exploring how governments, businesses, and households influence economic policies and growth. With a curriculum that integrates research across departments like Lancaster University Management School, students will develop critical thinking, analytical skills, and the ability to interpret government policies and economic patterns. The program prepares graduates for careers in finance, policymaking, research, and business management, equipping them with problem-solving and data analysis capabilities. Students start with a solid foundation in calculus, algebra, and statistics in Year 1, then tailor their studies with optional modules in Year 2, including game theory and data analysis projects. Final-year modules focus on advanced econometrics and artificial intelligence, applying statistical models to real data for economic forecasting and decision-making.

Why this course is highly recommended

Lancaster’s Mathematics with Economics program is highly regarded because it combines rigorous mathematical training with a deep understanding of economics, giving students a competitive edge in employment prospects. The university's strong rankings in graduate prospects and subject areas like Economics and Mathematics highlight its reputation. The curriculum is current and research-informed, offering practical skills like data analysis, econometrics, and strategic thinking through modules such as game theory and epidemic modeling. Plus, the programme’s connection to Lancaster University Management School enhances learning and employability. Graduates enjoy excellent job prospects in sectors such as finance, government, research, and consultancy, with many securing roles at prestigious organizations like the Bank of England or civil service agencies.

Specialisation

The course combines Mathematics and Economics, allowing students to specialise in applying quantitative methods to economic problems. Throughout their studies, students choose optional modules aligning with their career interests, such as game theory, epidemic modelling, or artificial intelligence. The curriculum emphasizes developing both mathematical expertise and economic understanding, with core modules like calculus, probability, linear algebra, and econometrics, complemented by optional topics such as behavioural economics or data science in economics. Final-year projects focus on advanced statistical modeling and economic analysis, providing a comprehensive skill set for diverse career paths.

Course fees

Application fees

1st year tuition fees

31.48L

Living cost

Degree requirements

Applicants typically need AAA at A level, including Mathematics grade A or Further Mathematics grade A. For those with different qualifications, the university considers a BTEC Extended Diploma with DDD, and other qualifications like the IB requiring 36 points with a minimum of 6 in Mathematics HL. Additional considerations include the Scottish Highers, T Levels, and English language requirements of IELTS 6.0 overall. Specific subject and grade prerequisites ensure students are prepared for the rigorous coursework in mathematics and economics.

English language test

IELTS

TOEFL

PTE

DUOLINGO

Career prospects

Graduates of this program have strong employment prospects across various sectors. The course develops problem-solving, analytical, and organizational skills, making students attractive to employers. Past graduates have worked as professional economists, economic advisors, or in roles within the Bank of England, civil service, management consultancies, and companies across industries. The skills acquired also transfer well into careers in marketing, management, advertising, and consultancy. The university’s emphasis on practical experience and development of employability skills, through initiatives like The Lancaster Award, further enhances graduate prospects.

FAQs

What are the entry requirements for this course?

You need AAA at A level, including Mathematics grade A or Further Mathematics grade A. BTEC, IB, and Scottish Highers are also considered with specific grade requirements.

What are the optional modules in Year 2 and 3?

Optional modules include game theory, epidemic modelling, artificial intelligence, behavioural economics, data science, and advanced econometrics, allowing students to tailor their degree to interests and career goals.