BA (Hons) Economics and Banking

Economics and banking have never been more fascinating. Explore the big economic issues of today and develop the skills to solve tomorrow’s challenges.

Apply through Clearing Call the Clearing hotline


This course is now closed for applications for 2019 entry.

Check out our undergraduate prospectus to find a list of other courses we have available.


Brexit, international trade wars and devolution are just some of today’s big challenges.

Our Business School is ideally placed to help you understand these issues and prepare you for a future working in the sector.

We’ve brought our expertise in accounting, banking, finance and economics together in this course. It’s taught by experts who are at the heart of shaping the post-Brexit debate, as well as working on economic development and devolution in the North West. 

It’s designed to develop the skills you’ll need to take on roles in various banking and economic settings.


Putting theory into practice

You’ll explore economic theory and apply it to real-world problems. You’ll also learn how banks and other financial institutions fit into the UK’s and global economies. 

The option units in your final year give you the chance to tailor your course to suit your interests and career aspirations.

Put your knowledge into practice by choosing the four-year route with a work placement or year studying abroad.

Our Business School has excellent connections with local, national and international economic and banking organisations making this is a great chance to strengthen your CV.

Features and Benefits

  • Economics and banking experts – learn from leading academics and professionals who advise organisations like AJ Bell, the United Nations, UEFA and the World Trade Organization.
  • Location – study in the engine room of the Northern Powerhouse. Manchester boasts one of the fastest growing and largest financial services economies in Europe.
  • Flexible learning – study the same units as our BA (Hons) Economics and Finance course in your first year. That means you could switch pathways in year two.
  • Placements – make the most of our extensive industry connections and experience what it’s like to work with leading banks and economic organisations, or take the opportunity to study overseas.
  • Free access to Bloomberg Terminal – make the most of the leading global platform used by the world’s banks, corporations and government agencies for news, data, analytics and research.
  • Regular industry events – attend guest talks and masterclasses, network with businesses or take part in events in the Accounting, Finance and Banking Society’s programme.
  • Employability – graduate with a degree that’s well respected in professional circles and compete for high-profile roles.
“The support that I’ve had from the tutors and lecturers has been very good, my economics tutor has lots of industry experience, he worked at the treasury which is great to learn from.” Sam Lenthall, BA(Hons) Economics and Banking.

Accreditations, Awards and Endorsements

"We’re at the heart of shaping post-Brexit debates, economic development, sports governance, core cities, and devolution in Manchester and the North West.”

  Professor Donna Lee, Director of Future Economics

Career Prospects

You’ll develop a wide range of skills that offer a wealth of career opportunities. 

Our graduates are ideally placed to work in:

Employers know we equip our graduates with the skills they need in this fast-paced sector. That means you’ll have good employment prospects and the possibility of working your way into high-profile roles.

You’ll also have the knowledge and skills you need to set up your own consultancy or management practice if that’s your ambition.

The opportunity to complete a placement year will give you practical experience that makes you stand out.

There’s also the possibility of travel in this field. If you spend a year studying abroad you can broaden your career prospects and develop valuable cultural knowledge to bring to your work.

Learn more about graduate careers


of graduates go straight into employment or further study within six months of graduating.

DLHE survey 2017, for all respondents available for employment or further study and whose destinations are known.

Entry requirements

UCAS tariff points/grades required


104-112 UCAS Tariff Points at A2 (Grades BCC-BBC) or acceptable alternatives e.g. BTEC Subsidiary Diploma, Diploma, Extended Diploma at Level 3 (Grades DMM).

Specific GCSE requirements

GCSE grade C or grade 4 in English Language and Mathematics. Level 2 Functional Skills English and Mathematics also accepted.

Non Tariffed Qualifications

Pass Access to HE Diploma in a relevant subject with a minimum 106 UCAS Tariff Points.

International Baccalaureate points

26 IB Diploma Points

IELTS score required for international students

6.0 with no element below 5.5

There’s further information for international students on our international website if you’re applying with non-UK qualifications.


“We teach a mainstream core curriculum in economics, international business; the impact of sports governance and the development of sport as a business.  But as a modern university, we go much beyond that…”
Listen to what Donna Lee, Head of Department, has to say about studying at Manchester Metropolitan University…

Course details

You will study four, 30 credit units:

  • Foundations of Quantitative Analysis
  • Micro/Macro Principles 1
  • Financial Accounting
  • Financial Decision Making

Read more about this year of study

Core Units

Foundations of Quantitative Analysis in Economics and Finance

Quantitative methods allow analysts to express theories and concepts accurately and succinctly. Thus, in this unit, theories and scenarios will be described and their effects measured. It will include a review of mathematical principles, introduction to financial analysis, differentiation, economic and business applications, introduction to statistics, graphical analysis tools, introduction to probabilistic analysis, random variables and estimation, and bivariate analysis.

Financial Accounting

This unit provides you with an introduction to the concepts of financial accounting including recording fundamental transactions and preparing simple financial statements. Your studies will cover topics such as the fundamentals of financial accounting, the application of various concepts, and the preparation of an income statement and statement of financial position. This unit will also introduce the basic concepts of direct and indirect taxation involving simple transactions and basic calculations. 

Financial Decision Making

Identifying, applying and evaluating information for management techniques to assist management with planning, control and decision making within a business environment. This will cover management accounting fundamentals: cost classification and behaviour; inventory valuation and controls; traditional full cost methods; marginal costing and short and long-term decision making techniques with appropriate software packages.

Micro/Macro Principles 1

This unit covers introductory theories of microeconomics and macroeconomics. The former covers theories of supply and demand, elasticity estimations and utility theories. The latter covers models such as the circular flow of income, the four sector Keynesian model and the Phillips Curve.

You will study four, 30 credit units:

  • Investment Principles and Risk
  • Retail Banking
  • Micro/Macro Principles 2
  • Current Issues in Economics

Read more about this year of study

Core Units

Investment Principles and Risk

This unit provides you with an introduction to the major asset classes in which people invest, such as cash deposits, bonds, property and equities, and to the principles, concepts, theories, economic and market forces that underpin personal investment decisions. Key topics that you will study include risk profiling, security evaluation, asset allocation, portfolio selection and management. You will have access to investment appraisal software used by practitioners in the financial planning profession and utilise this to create an investment portfolio to satisfy the financial goals and other objectives that typically influence personal investment behaviour, especially an individuals appetite for risk.

Retail Banking

This unit studies the regulatory and legal frameworks, financial markets and institutions engaged in the provision of retail banking services. You will gain an understanding of banks and financial intermediation; banking typology and the theory of the banking firm; bank regulation; trends in domestic and international banking; the retail service proposition; the demand for consumer credit; principles and practices of consumer lending; processes for granting credit; treating customers fairly; developing and managing credit scoring systems; client relationship management; debt management processes; small business management and funding requirements; sources of finance; principles and practices of business lending; evaluating lending propositions; constraints on lending; the need for and perfecting security; risk management at portfolio level; retail banks and retail banking in the future.

Current Issues in Economics

This unit revisits some of the basic economic issues introduced at Level 4 but analyses them from an applied economic perspective & outlines how they impact the development of economic policymaking, particularly in the UK context. The applied course content is dominated by applied UK macroeconomic issues, such as the economic impact of Brexit, although some microeconomic/sectoral areas will be explored. The course thus aims, by exploring trends in the data, to deepen your knowledge of the principles of macroeconomic analysis; this, in turn, will help you understand recent dilemmas in UK economic performance & policymaking.

Micro/Macro Principles 2

The unit extends theories from Level 4 in both microeconomics and macroeconomics. For microeconomics, these include: the theory of the firm (monopoly, oligopoly, perfect competition); externalities and utility maximisation. For macroeconomics, theories of consumption, money supply (money creation) and money demand, expectations and ISLM model in a closed economy.

If you are on the placement route, you will spend your third year on placement - a minimum of 36 weeks paid work experience. If you are on the overseas study route, you will spend your third year studying at one of our partner institutions, after which you will return to the university for your final year of study.

You will study four, 30-credit units:

  • Banking, Financial Markets and Institutions
  • Risk Management in Banking and Insurance
  • Micro/Macro Principles 3

And one unit from the following:

  • Economic Policy Making
  • Political Economy of Growth and Development
  • Economics of Brexit - EU

Read more about this year of study

Core Units

Banking, Financial Markets and Institutions

This unit will provide you with an examination and critical evaluation of the institutions, markets and mechanisms in place for the transfer of money in an economy. The financial system is examined in detail and the banking and economic crisis is explored in terms of causation and lessons for the future. As well as traditional theory, you will gain an appreciation of behavioural economics and an advanced understanding of the contemporary financial system, located nationally, globally and on the web.

Risk Management in Banking and Insurance

This unit has been designed to specifically to consider the risk management challenges faced in the banking and insurance sectors. We will survey the regulatory environment and consider recent developments. Consideration will be given to techniques and specifics that can be utilised to identify, assess, report on, manage and monitor risk. The unit covers the following topic areas; the financial crisis, risk measurement (VaR), EWRM, banking regulation (Basel III & Vickers Report), securitisation, types of risk (credit, operational, liquidity, interest rate), derivative products, insurance company risks, investment of insurance funds, underwriting and pricing, and insurance regulation (Solvency II).

Macro/Micro Principles 3

Intermediate principles of economic theory. In the microeconomics part, cost-benefit analysis, game theory and strategic behaviour in imperfect competition. In the macro part, the topics will include assessment of country's debts and deficits, money creation, high-powered money multiplier and rules versus discretion in monetary policy.

Assessment weightings and contact hours

10 credits equates to 100 hours of study, which is a combination of lectures, seminars and practical sessions, and independent study. A 3 year degree qualification typically comprises of 360 credits (120 credits per year). The exact composition of your study time and assessments for the course will vary according to your option choices and style of learning, but it could be:


Placement options

A placement year can be an excellent opportunity to acquire high quality work experience and structured on-the-job training whilst earning a salary. The placement must be a minimum of 36 weeks but it will usually last for 12 months and takes place after your second year of study.

We have an award-winning placement team, who advertise vacancies and can help you find a placement. The team has over 25 years’ of experience in matching students to employers. They advertise over 1,000 vacancies each year, organise an annual placement fair where you can meet employers who are actively recruiting placement students, deliver CV workshops, provide one-to-one advice, and will conduct a mock interview with you so you can practice your interview technique.

The placement jobs market is competitive and it is your responsibility to be pro-active and apply for vacancies. We recommend that you start researching companies and opportunities during your first year and apply for positions at the start of your second year. Finding the right opportunity and the right position is important because if you are a good match to your placement, your employer could offer you a full-time position when you have graduated.

For more information about placements, see our placement page. 

Department of Economics, Policy and International Business

Our Economics, Policy and International Business Department advances knowledge on the issues that matter on a contemporary global stage.

The department is committed to teaching excellence and is led by world-class professionals and academic economists. Reacting to the global needs of the digital age, its aim is to enable students to explore the vast areas influenced by economics and policy.

More about the department

Taught by experts

Your studies are supported by a team of committed and enthusiastic teachers and researchers, experts in their chosen field. We also work with external professionals, many of whom are Manchester Met alumni, to enhance your learning and appreciation of the wider subject.

Meet our expert staff


UK, EU and Channel Island students

UK, EU and Channel Island students: Full-time fee: £9,250 per year. This tuition fee is agreed subject to UK government policy and parliamentary regulation and may increase each academic year in line with inflation or UK government policy for both new and continuing students.

Non-EU international students

Non-EU international students: Full-time fee: £16,000 per year. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study).

Additional Information

A degree typically comprises 360 credits, a DipHE 240 credits, a CertHE 120 credits, and an integrated Masters 480 credits. The tuition fee for the placement year for those courses that offer this option is £1,850, subject to inflationary increases based on government policy and providing you progress through the course in the normal timeframe (no repeat years or breaks in study). The tuition fee for the study year abroad for those courses that offer this option is £1,385, subject to inflationary increases based on government policy and providing you progress through the course in the normal timeframe (no repeat years or breaks in study).

Additional costs

Specialist Costs


Scientific calculator £10. All of the books required for the course are available from the library. The University also has PC labs and a laptop loan service. However, many students choose to buy some of the core textbooks for the course and/or a laptop. Students may also need to print their assignments and other documents. Campus printing costs start from 5p per page. Estimated costs are £300 for a laptop up to £100 each year for books and printing. Total optional cost: £600

Placement Costs

We have a dedicated Placement Team to support you in securing a placement with a professional employer. Fees for the Placement Year are substantially reduced. Additionally, you will incur costs including travel/living costs in securing and undertaking a placement. For the Overseas Study route, students should be aware that costs vary hugely between countries, areas and even between universities within the same country so it is very important to research costs well ahead of time.


Find out more about financing your studies and whether you may qualify for one of our bursaries and scholarships.

Money Matters

Want to know more?

How to apply

This course is no longer available through clearing.

Check out our undergraduate prospectus to find a list of other courses we have available.

Check out our Clearing section to find a full list of courses we have available.

You can review our current Terms and Conditions before you make your application. If you are successful with your application, we will send you up to date information alongside your offer letter.


Programme Review
Our programmes undergo an annual review and major review (normally at 6 year intervals) to ensure an up-to-date curriculum supported by the latest online learning technology. For further information on when we may make changes to our programmes, please see the changes section of our Terms and Conditions.

Important Notice
This online prospectus provides an overview of our programmes of study and the University. We regularly update our online prospectus so that our published course information is accurate. Please check back to the online prospectus before making an application to us to access the most up to date information for your chosen course of study.

Confirmation of Regulator
The Manchester Metropolitan University is regulated by the Office for Students (OfS). The OfS is the independent regulator of higher education in England. More information on the role of the OfS and its regulatory framework can be found at

All higher education providers registered with the OfS must have a student protection plan in place. The student protection plan sets out what students can expect to happen should a course, campus, or institution close. Access our current Student Protection Plan.