BSc (Hons) in Mathematics with Economics with Placement Year, Lancaster University

Lancaster,

48 Months

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About this course

This course combines a solid foundation in mathematics with a comprehensive study of economics, emphasizing how mathematics underpins economic systems and modelling. Students learn to apply mathematical and statistical theory to understand how governments, businesses, and households influence global economic policies and growth. The curriculum benefits from research at Lancaster University's renowned departments, including the Lancaster University Management School. Throughout the degree, students develop skills to interpret government policies, analyse economic patterns, critique business decisions, and solve global issues. The first year covers fundamentals such as calculus, algebra, and statistics alongside economics, building critical thinking. Optional modules in the second year let students shape their degree towards specific career interests, including game theory and data analysis projects. The third year features a 12-month industry placement to gain practical experience, supported by university resources. Final year modules include advanced mathematical topics and econometrics, with opportunities to explore data-driven areas like artificial intelligence and economic forecasting.

Why this course is highly recommended

Lancaster University’s course stands out due to its research-led curriculum and high ranking in graduate prospects for Economics, Mathematics, and Economics respectively. The combination of quantitative and economic skills equips students for a diverse range of careers in finance, policymaking, research, and business management. The inclusion of a 12-month placement year enhances employability and practical skills, making graduates highly attractive to employers like the Bank of England, civil service, and management consultancies. The university's approach ensures students graduate with both a highly reputable degree and valuable life skills, supported by tailored employability programs.

Specialisation

This programme integrates advanced mathematics and economics, with optional modules allowing students to tailor their studies towards fields like data analysis, game theory, and economic modelling. The course also offers a placement year, providing real-world industry experience that complements theoretical knowledge.

Course fees

Application fees

1st year tuition fees

31.48L

Living cost

Degree requirements

Applicants should have AAA A-levels, including Mathematics with a grade A or Further Mathematics with a grade A. The overall offer may be lowered to AAB if applicants achieve both Mathematics and Further Mathematics at AB grades. Alternative qualifications such as an Access to HE Diploma, BTEC, IB, Scottish Highers, T levels, and GCSEs are also considered, often requiring evidence of A-level Mathematics. An IELTS score of 6.0 overall, with at least 5.5 in each component, is needed for English proficiency.

English language test

IELTS

TOEFL

PTE

DUOLINGO

Career prospects

Graduates from this programme are well-prepared for careers in finance, policymaking, statistics, research, and business management. Alumni have secured roles as professional economists and advisers, including positions at the Bank of England and Civil Service. The problem-solving, analytical, and organizational skills gained also transfer to marketing, consultancy, and management roles, reflecting the degree’s broad applicability.

FAQs

What kind of placement opportunities are available?

Students undertake a 12-month industry placement during the third year, with support from university teams to find suitable roles. If a placement cannot be secured, students can transfer to an equivalent non-placement scheme.

What are the modules involved in Year 1?

Year 1 includes modules like Calculus, Convergence and Continuity, Discrete Mathematics, and an introduction to Economics Principles and Applications, providing a foundation in both maths and economics.