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  • UCAS Code:
    L100
  • Institution:
    B50
  • Delivery:
    Full time according to Funding Council definitions

The fields of accounting, finance & economics have developed considerably in recent years and today’s graduates are expected to have a range of skills that transfer into a business environment. As such our degrees have been designed to equip you with the knowledge you’ll need in any organisation, large or small.

Being able to understand economics in a global context is an increasingly sought-after skill among businesses. With that in mind we've made our Economics degree  exposes you to a broad set of economic specialisms, while ensuring you have extensive knowledge of fundamental aspects of economics study, including analytical skills, an understanding of economic systems and an appreciation of financial disciplines.

What's more if you opt to include the 40-week placement as part of your course, you’ll gain invaluable workplace experience and can see how everything you’ve learned translates into the real world.

Please watch the recorded BU Webinar 'Bachelor's degrees in Accounting, Finance & Economics'. Presented by Dr Phyllis Alexander, this webinar will give you an excellent insight into each of the Bachelor's courses we offer.

Key information

Next start date:

September 2017

Location:

Bournemouth University, Talbot Campus

Duration:

3 years, or 4 years with a 40-week placement (or a minimum of 30-weeks for 2017 entry)

Relevant subjects:

All subjects considered

Entry requirements:

For 2017 entry (we will use the new UCAS tariff): 120 tariff points, with 80 from two A-Levels including 2 A-Levels or equivalent, with remaining 40 points other A-Levels or equivalent qualifications. BTEC Extended Diploma: DDM. For more information check out our 2017 entry requirements page.

International entry requirements:

If English is not your first language you'll need IELTS (Academic) 6.0 with minimum 5.5 in each component, or equivalent. For more information check out our international entry requirements page.

Course details

On this course you will usually be taught by a range of staff with relevant expertise and knowledge appropriate to the content of the unit. This will include senior academic staff, qualified professional practitioners and research students. You will also benefit from regular guest lectures from industry.

Year 1

Core units

  • Economics for Accounting & Finance: You'll develop an understanding of the operation of markets, including the interaction between related markets along with an understanding of the impact of economic policies on business and society in the context of a global economy.
  • Introduction to Accounting: This unit aims to provide you with a sound foundation in the fundamentals of accounting, together with a basic understanding of the regulatory framework.
  • Professional Studies & Quantitative Techniques: You'll develop knowledge of the fundamental mathematical processes, techniques and ideas used in the collection, presentation, analysis and interpretation of data.
  • Law for Accounting & Finance: This unit will embed the core legal principles and concepts within the legal environment for a graduate operating in the finance sector.
  • Business Management: Providing you with an introduction to marketing, human resource management and organisational change in the context of business management in a global environment.
  • Basic Statistical Techniques: By the end of this unit you'll be able to calculate a range of basic statistical techniques and interpret the results and perform various significance tests.

Contact hours

The hours below give an indication of how you can expect to spend your time during the first year of this course. You will learn through a combination of lectures, seminars, tutorials, workshops and practical sessions. Your independent learning could include reading books and journal articles, working on group projects, preparing presentations, conducting library research and writing your assignments.

  • Learning and teaching: 225 hours
  • Independent learning: 975 hours
  • Non-assessed learning and teaching: 19 hours

Year 2

Core units

  • Mathematics for Economists: This unit will extend your knowledge of the fundamental mathematical processes, techniques and ideas used in economic analysis.
  • Micro-Economics: The unit aims to develop your intermediate level understanding of Microeconomic theory, enabling you to apply Microeconomic principles in the analysis of contemporary issues and problems.
  • Money, Banking & Financial Services: This unit aims to provide a solid grounding in monetary economics and the financial system, seeking to provide a basis for understanding and analysing the working of financial markets.
  • Econometric Techniques: This unit will extend your knowledge of the fundamental statistical processes, techniques and ideas used in the analysis and interpretation of economic data.
  • Macro-Economics: The unit aims to develop your intermediate level understanding of Macroeconomic theory, enabling you to apply macroeconomic principles in the analysis of contemporary issues and problems.
  • Industry, Region & Environment: The focus of this unit is on three inter-related specialist areas of economics: industrial organisation, regional development and the environment.

Contact hours

The hours below give an indication of how you can expect to spend your time during the second year of this course. You will learn through a combination of lectures, seminars, tutorials, workshops and practical sessions. Your independent learning could include reading books and journal articles, working on group projects, preparing presentations, conducting library research and writing your assignments.ts.

  • Learning and teaching: 217 hours
  • Independent learning: 983 hours
  • Non-assessed learning and teaching: 2 hours

Year 3

You may choose to complete an optional a 40-week (or a minimum of 30-weeks for 2017 entry) work placement which can be carried out anywhere in the world. The placement year offers a chance to gain experience and make contacts for the future.

Year 3/4

Core units

  • Quantitative Economic Applications: This unit exposes you to economic data and to the varied quantitative approaches used in different specialist areas of economics.
  • Global Markets, Development & Labour: The unit aims to develop you knowledge of economic theory and your ability to apply it to an inter-related set of specialist areas of economics: global markets, national labour markets and economic development.
  • Macro-Economics: The unit aims to develop knowledge and the ability to critically analyse macroeconomic problems and issues in the context of the global economy. It seeks to provide you with the theoretical and empirical foundations to understand macroeconomic activity and policy in a global context.
  • Research Study: The aim of the unit is to provide you with the opportunity to develop skills in conducting effectively a research project, and acquire specialist knowledge within an area relevant to your programme of study.
  • Micro-Economics: The unit aims to develop your knowledge of the fundamental economic and quantitative techniques and your application to business, management and economics.

Option units (choose one)

  • Perspectives on Business Strategy: You'll gain insights into the differing perspectives used to develop and implement business strategy.
  • Risk Modelling & Management: This unit aims to provide you with a significant awareness and understanding of risk within a modern business environment and the risk management processes necessary to control such risk.
  • Financial Regulation: The unit provides insight and understanding into key financial regulatory theories, forms and rationale of regulation that are highly relevant to those seeking to operate within the financial services sector.
  • Taxation: Economics & Policy: You'll discover an insight into the impact of taxation on the economy, ways of appraising taxes and consideration of alternative types of tax policies, resulting in a broad knowledge of taxation issues.

Please note that option units require minimum numbers in order to run and may only be available on a semester by semester basis. They may also change from year to year.

Contact hours

The hours below give an indication of how you can expect to spend your time during the final year of this course. You will learn through a combination of lectures, seminars, tutorials, workshops and practical sessions. Your independent learning could include reading books and journal articles, working on group projects, preparing presentations, conducting library research and writing your assignments.

  • Learning and teaching: 186 hours
  • Independent learning: 1014 hours
  • Non-assessed learning and teaching: 3 hours

Programme Specification

Programme specifications provide definitive records of the University's taught degrees in line with Quality Assurance Agency requirements. Every taught course leading to a BU Award has a programme specification which describes its aims, structure, content and learning outcomes, plus the teaching, learning and assessment methods used.

Download the programme specification for BA (Hons) Economics.

Whilst every effort is made to ensure the accuracy of the programme specification, the information is liable to change to take advantage of exciting new approaches to teaching and learning as well as developments in industry. If you have been unable to locate the programme specification for the course you are interested in, it will be available as soon as the latest version is ready. Alternatively please contact us for assistance.

Placements

Placement provides an excellent opportunity for you to gain first-hand industry experience which will support you when making decisions about your career, as well as enhancing future employment prospects. 

As a BU student you will get help with improving your interview techniques and support in gaining a placement that is right for you. We have relationships with a number of companies who habitually accept students from this course for their placement year.

Our students perform so well on placement that we have a large number of top firms returning to us year-on-year to source BU placement students.

Our students have previously worked for:

  • JP Morgan
  • Samsung
  • GE 
  • Motorola
  • PriceWaterhouseCoopers.

*The above information is taken from BU institutional data.

Your application

Background and Experience

For this course we are looking for applicants who can:

  • Demonstrate excellent problem solving skills
  • Demonstrate good written and oral communication skills
  • Think logically and have an appreciation of mathematical concepts
  • Show self motivation and effective time-management skills.

We encourage applicants who have a real interest in accounting principles and concepts. Students on this course will have a proven ability to work effectively in teams as well as individually when completing assignments.

Selection Methods

We’ll be selecting the candidates for this course by looking at their UCAS applications, there are no interviews or selection activities needed. For that reason, make sure your application really stands out from the crowd, and leave us in no doubt as to why you should be joining BU. You can find some handy hints about filling in your UCAS form on our how to apply web pages.

Our offer making process

Our offer making will typically be based on your three main graded qualifications, including any required subjects. Additional study may be valuable for breadth of study, and we will look at a range of qualifications and subjects, including the Extended Project Qualification and General Studies, although these may not be part of our offer.

If you do not meet the criteria of your original offer, we may still offer you a place. We will review your whole application and consider all academic qualifications (including those not in the offer) and the rest of the application to see if you have the academic potential to succeed on the course. If we feel the answer is yes, we will still confirm your place.

How we'll assess your application

We look at individual applications and make a tailored offer based on your potential to succeed on the course considering a range of factors, including your academic achievements, work and other experience, predicted grades, reference and personal statement, and in some cases, your performance at an interview/selection test.

If you meet one or more of our contextual data indicators for educational disadvantage (such as being in care, living in a low participation neighbourhood or in an area with less advantaged socio-economic characteristics), your offer could be between 20-60 points below the published tariff.

Unconditional offer scheme

Our Unconditional Offer Scheme seeks to reward exceptional applicants who are predicted to achieve top academic results. The scheme is offered to applicants on all courses who are predicted AAA at A-level/triple Distinction in BTEC Extended Diploma, or above, or equivalent, subject to any course selection measures and meeting other entry criteria (i.e. required qualifications). What’s more we’ll recognise your achievement if you meet these grades with an Academic Excellence Scholarship from £1,500 when you arrive*.

We believe that unconditional offers will reduce pressure on applicants who will continue to strive to achieve the best grades possible. Excellent grades will become a part of applicants’ CVs and are also required for BU’s scholarships. International qualifications are considered in the scheme; however applicants must satisfy the English language requirements. *Our scholarships are subject to terms, conditions and eligibility criteria, detailed on our scholarships pages.

2017 entry requirements

The new UCAS Tariff will be used for September 2017 entry.

The entry requirements for this course are 120 tariff points, with 80 from two A-Levels or equivalent, with remaining 40 points from other A-Levels or equivalent qualifications. BTEC Extended Diploma:

UCAS have created a helpful calculator so you can calculate points to use for courses starting from September 2017 onwards.

GCSEs: This course requires a minimum of 4 GCSEs grades A* - C (or grade 4 or above in the newly reformed GCSE grading) including Maths and English or equivalent qualifications.

Numeracy and literacy: We need to be sure that you can express yourself in written English and have basic numeracy skills. We look at Level 2 of the National Qualifications Framework, which includes GCSEs, iGCSEs, Key Skills and Functional Skills Level 2. If you do not have formal qualifications to this level or have alternatives, we may still be able to consider your application – please contact the askBU Enquiry Service to find out more.

Other qualifications: We have outlined below other qualifications that we consider for this course. If you are studying a qualification that is not listed, please contact the askBU Enquiry Service – it may be that we can still consider it.

The Certificate in Financial Studies (CeFS) and Diploma in Financial Studies (DipFS) carry UCAS points and are recognised by BU. Please refer to the UCAS tariff tables for further details about the UCAS tariff points allocated to these qualifications. Please note applicants with the IFS Diploma cannot also count points allocated to the IFS Certificate.

Access courses: BU welcomes Access to HE Diploma applicants. This course requires applicants to Pass the Access to HE Diploma (with 60 Credits - at least 45 at level 3, remainder at level 2 or equivalent). Any combination of grades to meet the overall tariff is acceptable.

Advanced/progression diplomas: We welcome applicants studying the Advanced or Progression Diploma – additional qualifications will be required to meet the tariff points for the Progression diploma.

BTEC qualifications:

  • Extended Diploma: This course requires Distinction, Distinction, Merit.
  • Diploma: This course requires Distinction, Merit in addition to one A-Level to achieve the overall tariff.
  • 90-credit Diploma: The 90-credit Diploma will be accepted as part of your overall tariff but it must be accompanied by A-Levels or equivalent qualifications.
  • Subsidiary Diploma: This course requires a Distinction in addition to two A-Levels to achieve the overall tariff.

A combination of BTEC qualifications to meet the overall course tariff is also acceptable.

Cambridge Pre-U Diploma: We welcome applicants studying the Cambridge Pre-U Diploma or a combination of Pre-U subjects and A-levels.

European Baccalaureate: Applicants are required to achieve a minimum score of 75% overall.

International Baccalaureate (Diploma): The IB Diploma is welcomed as part of the International Baccalaureate (IB). This course requires 31 points including 5 points from each of the 3 Higher Level subjects

Scottish qualifications: Scottish Advanced Highers, Scottish Highers and other Scottish qualifications are all welcomed providing that your results meet the overall course tariff.

Welsh Baccalaureate Advanced Diploma: The Welsh Baccalaureate Advanced Diploma is welcomed alongside A-Levels or equivalent, to meet the overall course tariff.

OCR Level 3 Cambridge Technical Qualification: The OCR Extended Diploma or a combination of one Diploma + one Introductory Diploma is acceptable for entry to this course.

Extended Diploma: This course requires Distinction, Distinction, Merit.

Other combinations of OCR Level 3 Cambridge Technical qualifications to meet the overall course tariff may be acceptable.

Extended Project Qualification: The grade achieved for the Extended Project may be taken into account when considering whether or not to accept a candidate who has marginally failed to meet the conditions of their offer.

Deferred entry: We are happy to consider applicants for deferred entry.

International entry requirements

If English is not your first language, you will need to provide evidence that you can understand English to a satisfactory level. English language requirements for this course are normally:

  • IELTS (Academic) 6.0 with minimum 5.5 in each component, or equivalent.

View further information about our English language requirements.

If you do not meet the English language requirement for your degree then why not join our Pre-Sessional English course. Successful completion of our Pre-Sessional English course will meet your English language requirement, without the need to re-take IELTS.

Academic entry requirements

You can find details of the international qualifications we accept, and what level of study they apply to, on our entry requirements for non-UK students' page.

We offer a number of preparatory programmes through the Bournemouth University International College. These courses offer you progression from High School in your home country to a Bachelor’s degree at BU.

Options include:

Careers

A degree in economics lends itself to various career options and the skills you will acquire while studying this subject - such as business and strategic management, marketing, and communication skills - will help you get ahead in a range of sectors, particularly finance, business, marketing and IT.

Although this is a new course, we have an excellent graduate employment record across our other accountancy and finance degrees, with 93.5% of our students in work or further study within six months of finishing their course. Many start out in junior roles but are able to quickly work their way up into more senior positions. Among the jobs you can take on after graduation are:

  • Accountant
  • Business development adviser
  • Data analyst
  • Finance executive
  • Mortgage case owner.

Our graduates on other accountancy and finance courses have gone on to work for a wide range of companies, including Adidas UK Ltd, Apple, Bank of New York Mellon, BMW Financial Services, British Airways, Enterprise and Hayes.

Industries Worked In

  • Accountancy
  • Finance
  • Business.

Further Study

Once you have completed an undergraduate Honours degree, you can further develop your education by studying for a postgraduate degree. Please visit our Postgraduate section for further details about our range of Master's degrees.

*All statistics shown are taken from Unistats, Destination of Leavers from Higher Education (DLHE), BU institutional data and Ipsos MORI (National Student Survey) unless otherwise stated.

Course statistics

The National Student Survey

The below information all comes from the National Student Survey completed by some of the students who graduated from this course last year. 

  • Students agreed staff are good at explaining things - 83%
  • Students agreed staff made the subject interesting - 72%
  • Students were satisfied overall - 79%
  • Students agreed they got sufficient advice and support - 72%

37% of the course is assessed by coursework

Throughout the course, you will be assessed by coursework, group work and written exams. The majority of assessment during the first, second and third years will be in the form of written examination with your final year mostly split between coursework and examination.

18% is scheduled learning and teaching activities

The emphasis of this course is in guided independent learning, which helps you develop into a self-motivated learner. When not attending lectures and seminars, you will be expected to read around the subject. Your typical week’s activities will include reading books and journal articles, working on group projects, preparing presentations, conducting library research and writing your assignments.

For those opting to undertake the optional placement year, this will involve working in industry – a vital part in developing you as a well-rounded and industry-ready graduate and giving you a head start when it comes to your future career.

Flexibility to specialise

This course sits within our accounting, finance & economics framework consisting of a range of specialised courses:

  • BA (Hons) Accounting & Business
  • BA (Hons) Accounting & Finance
  • BA (Hons) Accounting & Taxation
  • BA (Hons) Accounting & Law
  • BA (Hons) Economics
  • BA (Hons) Finance & Business
  • BA (Hons) Finance & Economics

Each of the courses in this framework will give you those vital core skills, as well as offering more specialist options depending on the pathway you choose to pursue. All courses' first year units are the same, allowing you the flexibility to transfer to another pathway at the end of the first year if you wish. This keeps your career options open and enables you to make more informed choices.

No hidden extras

As a student at BU we will provide many things to support you and there will also be additional costs you may encounter whilst studying at BU. The information below will help you understand our provision and what you need to budget for.

What you can expect from us

All of your teaching and assessments are included in your tuition fees, including, lectures/guest lectures and tutorials, seminars, laboratory sessions and specialist teaching facilities. You will also have access to a wide range of support and services.

  • One set of study-related consumables such as a memory stick/ DVD
  • Materials for laboratory and field-based teaching activity
  • Support for placements (UK or abroad) and fieldwork
  • A range of student services – advisors, help desks, counsellors, placement support and careers service
  • The Library – access to a wide range of electronic resources (databases, e-journals and e-books), print and multimedia collections, subject librarians and study spaces
  • IT labs (some open 24/7), wireless network, AV equipment to borrow
  • Peer Assisted Learning (PAL) scheme
  • Disability and additional learning support
  • The BU Language Centre to help you develop/improve foreign or English language skills
  • 24 hours a day, 365 days a year security team.

Costs of living and other expenses you need to consider

  • Accommodation and living costs: view our price guide
  • Text books: remember that our award-winning library is stocked with a large range of text books for all courses, as well as online resources such as industry journals, free of charge
  • General stationery and other supplies such as print and presentation materials: the Students’ Union shops stock a wide range of stationery supplies on both campuses
  • Travel to, from and between BU campuses: our bus service operates in the local areas offering a subsided travel rate; we also have a large number of secure bike storage compounds
  • SportBU membership: check out our student membership packages, sports events, varsity teams, information about our new facilities and more on the SportBU webpages
  • Fieldwork travel, outdoor wear and footwear (where applicable)
  • Telephone and travel costs incurred when undertaking interviews for coursework/securing placements.
  • A fee will be payable towards the cost of an Educational Psychology Assessment if this is required in connection with additional learning support. BU pays for approximately two-thirds of the cost of this assessment for UK students. For more details and current pricing please visit the student section of the website.

Repeat Units

If you need to repeat one or more units during the course of your studies, you may be required to pay an additional fee of £1,500 per 20 credit unit.

Financial help available from BU

We offer a range of scholarships and bursaries to students who are beginning their studies at BU. Our website also provides details on living costs, budgeting and paying your tuition fees.

Additional Information

Fees and funding

Fees and funding

Find out about fees and funding, including scholarships and bursaries.

applicant open days

Open Days

We give a warm welcome to anyone who comes to meet us and we love showing off our campuses and Bournemouth to prospective students and their families. 

International students

International students

We have a strong international student community. Find all the practical advice and information you need here.