BSc (Hons) Economics and Finance

A balance between economics and finance, this degree is where the worlds of economic theory and real-world money-matters meet. The result? Vital skills and unique a perspective.

Attend an open day How to apply
Attend an open day How to apply

Overview

Economics and finance shape many aspects of our lives. With challenges such as Brexit looming large, there’s never been a more interesting time to work in this field.

This course blends economics with financial analysis, combining the latest theory with practical elements. You’ll develop a range of skills that employers in many industries are looking for.

You’ll assess the impact of economic and financial decisions within organisations, carry out your own research and develop professional skills that will serve you well in your chosen career.

Economic trends and influences affect many people. You’ll learn to explore these from the perspective of consumers, employees, industry, commerce and government.

Critical-thinking and problem-solving skills will support this depth of knowledge. It’ll mean you’re well placed to work in management and finance-related fields in any industry.

And our Business School has excellent links with industry, feeding into our course content and giving you excellent placement opportunities if you choose to do one in your third year.

You can choose between a range of option units in your second and final years. This gives you an exciting opportunity to tailor your course to suit your interests and career aspirations.

Features and Benefits

Accreditations, Awards and Endorsements

Career Prospects

You’ll develop skills that will serve you well in management and finance-related roles.

That means you’ll have a wealth of career opportunities open to you. Working in financial services is just one of the options. Your economic knowledge will also enable you to pursue a career in:

Employers know we equip our graduates with the skills they need in this fast-paced sector. You’ll learn from experts at the forefront of the economics and finance field who provide training to the likes of PwC and HMRC.

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.

Learn more about graduate careers

Entry requirements

UCAS tariff points/grades required

104-112

A levels ­– BCC-BBC

Pearson BTEC National Extended Diploma – DMM

Equivalent qualifications and combinations will be considered, including Extended Project (EPQ) at grade C or above. Other AS levels (or qualifications equivalent to AS level) are not accepted.

Please contact the University directly if you are unsure whether you meet the minimum entry requirements for the course.

Specific GCSE requirements

GCSE grade C/4 in English Language or Level 2 Functional Skills English

and

GCSE grade C/4 in Mathematics or Level 2 Functional Skills Mathematics

Non Tariffed Qualifications

Pass Access to HE Diploma in a relevant subject with a minimum of 106 UCAS Tariff points

International Baccalaureate points

26 IB Diploma Points

IELTS score required for international students

6.0 overall with no individual element below 5.5

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

Course details

In the simplest terms, economics focuses on the best use of resources. We examine and explore the choices and challenges that individuals, households, companies, authorities, governments and international organisations are presented with while employing these resources. But it’s more than simply looking at the wealth of nations – you’ll discover insights into the decisions that touch our daily lives. Learning from various schools of thought, including post-crash and alternative perspectives, you’ll have the chance to pursue your own research and explore your own routes in economics.

In the digital age, almost every business operates on the world stage and supplies to multiple countries. In order to compete in this hugely competitive marketplace, international business management graduates need to know how to conduct business overseas and the nuances of doing business in a specific territory. International trade agreements, foreign direct investment and the attractiveness of where a company does business and accesses their talent are all critical factors, as well as understanding how to manage multinational workforces.

Your studies will be based in the Department of Economics, Policy and International Business, a department that brings together leading economists and experts in economic forecasting, cryptocurrencies, international trade and policymaking.

Foundation year

This course has a foundation year available. For more information visit the Economics Foundation Year page.

Read more about this year of study

Core Units

Introduction to Economic Principles II

This unit introduces students to key introductory micro-economic concepts and objectives. Consumer demand and firms' supply and business supply models, the three basic microeconomic models of the market and the implications of market structures on the individual, business and wider society as a whole are examples of topics to be covered. Topic areas could also include environmental economics; income distribution, ethics - inequality and the impact on individual consumers; raising government revenues through individual and corporate taxation. The Unit develops the foundations for the more advanced topics covered at Intermediate Economic Principles I and II, at Year 2 and Advanced Economic Principles I and II at Year 3.

Global Business Environment I

This unit explores the important and variously defined concept of globalisation, and analyse contrasting perspectives and views on the nature and potential impact of globalisation at the country level. This analysis will consider country factors that mediate the impact of globalisation, including the political, economic and legal systems, and the available resources, for example skills within the labour force, infrastructure, geographic location, natural resources.

Global Business Environment II

Building on the knowledge acquired in GBE1, this unit explores the nature and outcome of firm activities in home and chosen host locations. The theory and practice of international business strategy and market entry methods (export agreements, FDI, JV etc.) are explored, and the potential (and historical) outcomes evaluated. The ethical and environmental risks posed by international operations are explored and authentic responses and outcomes evaluated.

Introduction to Statistics PPD

Starting with a review of probability theory, this course develops students’ knowledge of statistical distributions and inference, before moving on to statistical testing and basic statistical techniques for the analysis of data. As data collection and assessment is essential for Economists the Unit also draws on PPD elements of data evaluation and presentation of key findings. The latter could take place on individual presentations, tailored to the specific needs of each student. Students will have to raise their self-awareness and be reflective (following feedback) on their own ability to communicating findings clearly and concretely. This will provide the foundations for Units at Years 2 and 3 (e.g., Current Issues I - PPD).

Mathematical Economics I

In Mathematical Economics I we will develop your ability to think about economic problems quantitatively, and through the use and application of mathematical techniques will learn how to solve them. We cover topics including: differentiation and integration, which provide the theory behind the optimisation of our production or consumption levels; and matrix algebra, allowing us to write complex economic systems in a new, compact form.

Computational Economics PPD

This Unit is designed to promote students' computing and quantitative skills. Students will be introduced to the use of University IT systems, including library systems, associated citation, and journal databases. They will also use the equation editor, styles and Endnote referencing functionality within Microsoft Word and related software. Students will also analyse data in Microsoft Excel and use Microsoft Excel’s solver functionality to solve a range of economic problems as well as an introduction to Visual Basic for Applications (VBA). Students will initially use Microsoft Excel for economic analysis, to be introduced to the STATA and R software to prepare them for subsequent units. This Unit introduces students to the quantitative skills that many employers require and is a key unit to enhance employability. Students will be also introduced to Personal and Professional Development (PPD) skills such as independence, time management, self-motivation, organisation, critical thinking, communication skills and personal values. PPD will feature in later Units as well to support students’ academic and professional success. Students will be encouraged to identify potential career paths part of the PPD process.

Data Analytics for Economics

This unit will provide students with knowledge and skills to competently handle economic data in a range of settings. The Unit will cover the principles of data storage, manipulation and retrieval; data cleaning and multiple source blending; database design; data visualisation (including geographic information systems), using practical examples. The Unit will also include introductions to programming concepts in relation to data analytics, to include an introduction to programming languages such as SQL/Python. The Unit will also introduce web scraping and the use of APIs to retrieve data.

Introduction to Economic Principles I

This unit evaluates the key domestic macro-economic objectives namely growth, inflation, unemployment and exchange rate stability via modelling, analysis, and applications – with an emphasis on assessing the UK economy within its international context. Topics to be covered could include the circular flow of income, the four sector Keynesian model, exchange rate and interest rate transmission mechanisms, money supply and money demand, supply side economics, inflation; unemployment; exchange rate systems; and growth and sustainable development. The Unit develops the macroeconomic foundations that underpin core units at Years 2 and 3 such as Intermediate and Advanced Economic Principles I and II.

Read more about this year of study

Core Units

Intermediate Economic Principles II

This unit examines the way individuals, society and institutions (such as firms) make decisions in an environment of finite resources. The analysis is complex and mathematical, in order for more nuanced judgements on which the most appropriate decisions in given contexts to be reached. Topics may covered include the following: individuals' and producers' behaviour; utility theory; public goods and externalities; behavioural economics; asymmetric information; cost benefit analysis; market power and pricing decisions; imperfect completion including strategic behaviour.

Economics of Corporate Finance II

Building on the foundations of Economics of Corporate Finance I, the course enhances on the role of corporations in the modern economy and the implications of their strategies on the real economy. Topics include, net present valuations, efficient markets, capital structure, risk, return and the opportunity cost of capital, capital asset pricing model, futures and Options Markets, and the potential role and future of cryptocurrencies in financial markets.

Economics of Corporate Finance I

This course focuses on the theory and applications of financial decision making in the modern economy and in particular in corporations with emphasis on the latter. The main issues to be covered include: capital budgeting and corporate investment, capital structure, corporate sources of funding, international finance, and financial risk management. Specific topics include: introduction and overview of corporate finance, present value and the opportunity cost of capital and the value of common stock.

Introduction to Econometrics PPD

This course introduces students to the core theory and application of econometrics using both cross sectional and time series approaches. Topics covered include matrix algebra, linear regression theory, inferential statistics, functional form, diagnostic testing, model building and prediction. Level 5 students will develop the PPD skills introduced at Year 1.

Mathematical Economics II

In Mathematical Economics II we build upon the skills learned in Mathematical Economics I and consider more complex means of optimisation by developing our knowledge of differentiation. Additionally, we continue to work with matrices in order to understand the mathematics behind statistical modelling techniques. Lastly, we consider some of the mathematics underpinning the study of financial valuation, which typically involve the application of time value of money formulae in the evaluation of various financial instruments, including equities, bonds and derivatives.

Intermediate Economic Principles I

This unit provides intermediate modelling in macroeconomics, which forms the foundations for the advanced applied and theoretical units of the course at Level6. Examples of topics to be covered include money supply-money demand, labour market models and applications, institutional economics, adjustments to shocks, the key determinants of consumption and the role of the rate of interest, business cycle analysis and the effectiveness of fiscal and monetary policy. The Unit draws in particular on the challenges facing UK economic institutions.

Read more about this year of study

Core Units

Advanced Economic Principles I

The Unit assesses advanced models in macroeconomics, with emphasis placed on their theoretical foundations and effectiveness against real world challenges. The models’ limitations in addressing economic problems emanating from the Great Recession are addressed. The focus of the Unit content is the UK economy. As such, the complex nature of the economic dilemmas facing the UK government, the Bank of England and domestic organisations (such as the ONS, OBR, CBI etc.) and private sector firms are reflected. The Unit will equip students with the tools required to advice policy makers, enhance their strategic decision-making skills and conduct independent research. Potential topic areas include: approaches to money creation, Quantitative Easing, monetary targeting, deficit financing, debt management, adjustment to economic shocks and exchange rate determination in open economy

Dissertation Methods

The unit gives the opportunity to engage in independent study focusing on a relevant economic, social science or business related area of choice with guidance and supervision. The unit encourages the development of autonomous learning, requiring a commitment to study, initiative, confidence, perseverance, self-motivation and organisation in deploying knowledge. The assessment will involve writing and presenting a research proposal, which will help students to think out the research project; formulate a plan that makes clear statements of aims & objectives and rationale for methodological choices as well as identifying appropriate theoretical underpinnings and sources of literature review as well as data and methods to be used.

Corporate Finance and Investment I

The course builds on the foundations established in Economics of Corporate Finance I & II. As such, it focuses on advanced financial decision making in the modern corporation and their repercussions on the real economy. The basic issues include: capital budgeting and corporate investment, capital structure, corporate sources of funding, international finance, and financial risk management. Specific topics include: financial foundations, investment versus consumption decisions, investment appraisal methods and applications of project appraisal.

Corporate Finance and Investment II

The course builds on the key aspects covered in Corporate Finance and Investment I. Examples of topics to be covered included ways of managing risk, interactions of investment and financing decisions, mergers and acquisitions, financial derivatives, corporate governance, multinational financial management and cryptocurrencies financialization.

Dissertation Project - Quantitative (Finance) - 30 credit unit

This unit will provide the opportunity to research and produce a sustained, in-depth, research based, piece of scholarly work based on a specific topic of study. The focus is on independent study and the topics will involve quantitative methods. Students will work closely with supervisors in the development of research skills and meeting the demands of a sustained project including organisation, writing up and editing. The Dissertation will be of up to 10,000 words and should demonstrate an advanced understanding of key aspects of the chosen topic and discipline, evaluating evidence, arguments and assumptions. Dissertations should present clear communication, concise articulation of key themes and accuracy in written presentation.

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:

Study
Assessment

Placement options

Most of our degrees offer the chance to spend a year getting a taste of professional life. It not only gives you the opportunity to develop your core skills and learn about how business really operates in your industry, but also shows employers that you’re ready to get to work.

You will enrol on the three year course which will give you the flexibility when you start your studies to choose a year on placement or to study abroad when you're here, so you would complete your degree over four years if you choose this option.

The Business School Placement Team is ready to help. They offer a wide range of services, including employer presentations, advice and placement fairs. But it’s also up to you – the more proactive you are about applying for placement opportunities, the better.

Find out more about what a placement can do for you. Visit our placements page.

Study Abroad

Many of our courses offer the opportunity to spend up to a year overseas, studying with one of our partner institutions across Europe, or beyond. Go abroad in the third year of your degree, and you’ll not only learn about other cultures, improve your language skills and discover more about yourself – you’ll also boost your career prospects. Having first-hand knowledge of another country’s cultures and traditions can take you far in a range of careers. And, by going abroad you’ll also demonstrate the kind of independent spirit and adaptability that many employers want.

Working Abroad

Gaining work experience with an international flavour offers a double benefit. While you’ll learn valuable professional skills in a real-world workplace, you’ll also experience different cultures, ways of working and new perspectives. Whether it’s a summer exchange, holiday internship or year-long international placement, global experience can make a world of difference to your career prospects.

A City of Opportunities

Manchester is the engine room of the Northern Powerhouse. Here, business thrives in districts like Spinningfields, which is home to more than 150 financial and commercial services organisations, while initiatives like the Start-up Factory and the Sharp Project help forge the next generation of commercial enterprises.

For today, that puts us in the perfect place to offer an education rooted in the real world – with relevant skills, useful experience and valuable connections to support your entrepreneurial ambitions. For tomorrow, that puts you in a city with a wide range of employers and a growing demand for ambitious graduates.

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

Fees

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: £15,000 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

You will need a scientific calculator that will cost around £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 and up to £100 each year for books and printing. Total optional cost are around £600.

Funding

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

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.

MANCHESTER IS YOUR CITY. BE PART OF IT.

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 officeforstudents.org.uk.

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.

Top