BSc Honours in Business Economics

General

Program Description

Course summary

In an uncertain and rapidly changing world, a knowledge of economics and the unique insights it offers into how individuals, firms and organisations operate and interact is invaluable. So is the ability to communicate this understanding to specialists and non-specialists. This course combines a thorough grounding in the discipline of economics, with a range of practical skills required in professional life and for postgraduate studies.

You will develop your ability to apply economic reasoning to real-world issues. You will become confident in economic and business analysis and in applying these analytical skills to business and organisational decisions, to solving business and economic problems, undertaking research and consultancy, and contributing to the design and implementation of economic policy by government agencies. You will also extend your skills in data gathering and interpretation, quantitative analysis and forecasting, become global in outlook and socially, environmentally and ethically aware.

The course will enhance your employability as business analysts or specialist economists, as well as equipping you for careers in management, in an international organisation, in banking, the financial sector more broadly, or the voluntary or public sector.

In each year of study, you will take a combination of core and option modules.

Course structure

The following subjects are indicative of what you will study in this course.

Year 1

Subjects of study include:

  • Crises and Controversies in Economics
  • Exploring Microeconomics
  • Global Business Environment
  • Macroeconomic Framework
  • Quantitative Economic Analysis

Credit Level 4

You will also have the opportunity to take an optional module that broadens your skills or helps you to gain more in-depth knowledge of your specialist area; your option module may be a foreign language.

Year 2

Subjects of study include:

  • Analysis of Economic and Business Data
  • Applied Economic Research and Appraisal
  • Macroeconomic Analysis and Policy
  • Managerial Economics: Firms and Markets

Credit Level 5

Plus two options from Global Economic Issues, Information and Digital Economics, Money Banking and Financial Markets, or other areas of business including languages

  • Professional experience or Study Abroad year

Between Year 2 and Year 3 you may choose to study English-taught courses for a year at one of our overseas partner institutions. Currently, you can take a Year Abroad studying (or combining work and study) in Berlin, Copenhagen, Madrid, Paris and other locations including Brisbane, Sydney (Australia), Japan, Canada and the USA. There are also many opportunities for those with appropriate language skills to study in the local language in France, Germany and Spain, among others. You can also choose to split your year abroad into a first-semester exchange and a second-semester work placement, both conducted overseas, or undertake a placement year overseas.

Alternatively, between Year 2 and Year 3 you can undertake a one-year, full-time business placement as a Professional Experience Year within the UK. Past students have completed placements in a variety of prestigious organisations, including AMEC, Barclays Bank, Commerzbank, Freshfields Bruckhaus Deringer, GE Capital, HSBC, IBM and the NHS, as well as in smaller businesses.

Year 3

Subjects of the study may include:

  • Applied Econometrics
  • Contemporary Debates in Macroeconomics
  • Economics of Public Policy
  • Global Strategic Management

Credit Level 6

Plus two options from Development Economics, Forecasting for Managers, International Economics, Dissertation or other areas of business including languages.

Entry Requirements

UK

One of the following (or equivalent qualification):

  • A Levels – BBB (GCSE Maths at Grade B or higher is recommended)
  • International Baccalaureate – 28 points
  • Pearson BTEC Level 3 Extended National Diploma – DDM
  • Access to HE Diploma – Pass with 45 credits at Level 3 with a minimum of 33 Level 3 credits at Merit or Distinction

In addition to one of the above, you should have:

  • GCSEs – minimum grade 4 in Maths and English (grade C in grading system prior to 2017)

If your first language is not English, you should have an IELTS score of 6.0 overall, with a score of 5.5 in each element.

EU/International

  • International Baccalaureate – 28 points

If your first language is not English, you should have an IELTS score of 6.0 overall, with a score of 5.5 in each element.

Placements

If you are studying a Bachelor's degree at Westminster Business School, you can choose to take a year's break from your studies in your third year to do a placement.

A placement year is a great way of gaining practical work experience within an industry relevant to your studies. It increases your confidence and skills and boosts your employability. It gives you a chance to apply the theoretical techniques you have learnt during your undergraduate degree so far to a real business environment while you work as a member of an established organisation.

Last updated July 2019

About the School

The University of Westminster is a dynamic international education institution with a distinguished 175-year history. With three campuses in central London (Cavendish, Marylebone and Regent) and one i ... Read More

The University of Westminster is a dynamic international education institution with a distinguished 175-year history. With three campuses in central London (Cavendish, Marylebone and Regent) and one in Harrow, it is home to over 20,000 students from over 150 nations. Read less