Economics andFinanceBSc Honours

UCAS code L1613 Years

www.ncl.ac.uk/ug/L161Printed from the web page above on 09/09/2018

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Economics andFinanceBSc HonoursUCAS code L1613 Years

On this degree you'll develop a thoroughunderstanding of financial management andeconomics.

You will graduate equipped with skills for a career infinancial management in the global marketplace. You studytopics such as:

• corporate finance• financial accounting• international financial management

You also develop a thorough understanding of moderneconomics, including:

• financial economics• economic modelling• micro- and macro-economic theory

You graduate with an appreciation of the interactionbetween the finance sector of the economy and the widereconomic environment.   You will benefit fromstate-of-the-art facilities in our new Business Schoolbuilding, and specialist career and business start-upsupport. This degree is also available with a placement yearor with a study abroad year.

Highlights of this degreeQuality and rankingEconomics:

• top 200 – Business and Economics category – TimesHigher Education World University Rankings by Subject2018

Finance:

• top 20 in the UK – The Complete University Guide2019 (Accounting and Finance category)

Professional accreditation*This degree offers exemptions for some of the professionalexaminations of the:

• Association of Chartered Certified Accountants (ACCA)• Association of International Accountants (AIA)• Chartered Institute of Management Accountants (CIMA)• Institute of Chartered Accountants in England and Wales

(ICAEW)

*All professional accreditations are reviewed regularly bytheir professional body.

Work placement (optional)Gain valuable industry experience with a 12-month workplacement in a UK or overseas business betweenStages 2 and 3 of your degree.

Our current placement students are in roles such as:

• finance intern• finance analyst• business operations intern

They are working on the following projects:

• preparing VAT packs for legal entities which operatewithin Romania and Germany at P&G

• producing a new mechanism for tracking internalinvestment projects internationally at AMEX

• responsible for tracking brand marketing expenses forconsumer products at Johnson & Johnson

Alternatively, you might opt to gain work experience throughsummer internships.

You'll receive support from the Business School's dedicatedPlacement Officer and the University's Careers Service tohelp you find a placement that matches your skills andinterests.

Find out more about how we enhance your employability onthe Business School website.

Study abroad (optional)You can study abroad between Stages 2 and 3 throughthe ERASMUS+ scheme. This extends your degree to fouryears.

You'll spend the year studying at one of our partneruniversities in Europe, and we also have partners outside ofEurope.

Alternatively, if you are eligible, you may spend Stage 2studying economics at the University of Groningen in theNetherlands for a year.

This is a fully integrated study abroad experience, taught inEnglish, which counts directly towards your final degreemark. Places are available on a competitive basis, andfollowing consultation with your Programme Director.

Facilities and support

FacilitiesThis degree is run by Newcastle University Business School,based in our state-of-the-art building, on the ScienceCentral area of campus, within Newcastle's emergingbusiness district. Our Business School's facilities include:

• 120 PCs across three hi-tech computer clusters• Wi-Fi connectivity throughout the building• social spaces for learning and relaxation• bookable meeting rooms

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Careers supportYou'll have access to a wealth of resources and support toenhance your employability, including:

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• specialist careers and business start-up support from theUniversity's award-winning Careers Service

• career management sessions with a Careers Adviser• an Annual Career Development Week, to help you

improve your employability skills and meet potentialemployers

• work experience opportunities while studying with us• Business School summer internship scheme

We're also one of 140 business schools worldwide to beaccredited by the EQUIS scheme for our managerial andentrepreneurial skills development.

SupportYou will have an academic member of staff as a personaltutor throughout your degree. They can help with academicand personal issues.

Peer mentors will help you in your first year. They are fellowstudents who can help you settle in and answer anyquestions you have.

Our multi-award-winning Library has a wealth of studyresources.

Course Details

Stage 1

Compulsory modulesACC1010  Introduction to Financial AccountingACC1011  Introduction to Management Accounting andFinanceECO1002  Economic AnalysisECO1007  Statistical Methods for EconomicsECO1010  Mathematics for EconomicsECO1018  Economic ApplicationsPLEASE NOTE: If you are required to take the UniversityEnglish Language assessment, or equivalent, and achievebelow 70 you must take INU9094 Writing for BusinessSchool Undergraduates and/or INU9053 Listening andSpeaking for Business School Undergraduates on a NOTFOR CREDIT basis (in addition to the 120 credits listedabove).

Stage 2

Compulsory modulesACC2007  Corporate FinanceECO2003  Economic ModellingECO2004  Microeconomic AnalysisECO2005  Macroeconomic AnalysisECO2009  Econometric AnalysisOptional modulesYou take 20 credits of modules from the following list:ACC2003  Financial ControlACC2005  Intermediate Financial AccountingECO2007 Price DiscriminationECO2008  International EconomicsECO2011  Economics of RegulationECO2013  Economic Evaluation and InvestmentECO2014  European EconomicsECO2015  Applied EconomicsECO2017  Mathematical EconomicsWork Placement (L166)/Study Abroad (L167)Between Stages two and three, you have the option tospend a full academic year on a work placement with anapproved organisation.You will complete the following modules:ECO3011  Intercalating Year Personal Learning RecordECO3015  Intercalating Year Reflective Learning AccountAlternatively you may apply to spend Stage 2 studyingeconomics at the University of Groningen in theNetherlands for a year which counts directly towards yourfinal degree mark. If you do this you must pass thefollowing module in order to progress to Stage 3:ECO2016  Gronigen Economics Exchange

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Stage 3

Compulsory modulesACC3006  International Financial ManagementECO3001  Advanced MicroeconomicsECO3002  Advanced MacroeconomicsECO3018  Financial EconomicsOptional modulesYou take 50 credits of modules from the following:Either 40 credits from the following list:ECO3019  Dissertation Part 1ECO3030  Dissertation Part 2 - Independent ResearchProjectECO3008  Advanced Econometric Analysis ORECO3017  Advanced Time Series EconometricsPlus 10 credits from the list below.Or All 50 credits from the list below:ACC3001  Financial AccountingACC3002  Management AccountingACC3003  Issues in Behavioural FinanceACC3004  Derivative MarketsACC3009  Taxation in AccountingECO3004  Labour EconomicsECO3005  Behavioural Economics and ExperimentalMethodsECO3008  Advanced Econometric AnalysisECO3010  Monetary EconomicsECO3014  Public EconomicsECO3017  Advanced Time Series EconometricsECO3022  Health EconomicsECO3024  Economics of DevelopmentECO3026  Industrial Economics and PolicyECO3037  Microeconomics of BankingECO3066  Environmental Economics**If you took the Stage 2 version of this module (ECO2006)you are not permitted to take this module.

Teaching and assessment

Teaching methodsModules are taught via lectures and seminars.

Assessment methodsAssessment is mainly through unseen examinations at theend of each semester (January and June). A proportion ofyour marks will also be based on in-course assessment ofessays and projects.

Find out moreVisit our Teaching and Learning pages to read about theoutstanding learning experience available to all students atNewcastle University

Entry Requirements

All candidates are considered on an individual basis.

If your qualifications are not listed here, please see ouradditional entry requirements web pages to find out whichother qualifications are considered.

The entrance requirements below apply to 2019 entry.Entrance requirements during Clearing 2018 may differfrom those outlined below.

Additional Information on GCSEs (or equivalent)Achievement of a minimum of five GCSE grades A*-C or8-4, or equivalent, is normally required. These must includeMathematics (minimum grade A or 7) and English (minimumgrade B or 6), or equivalent.

A LevelsAAB excluding General Studies. While we are willing toconsider any combination of A-level subjects (excludingGeneral Studies), we prefer students to be studying twofacilitating subjects. GCSE Mathematics grade A or 7 andEnglish grade B or 6 required if not taken at A or AS level.

Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

Scottish QualificationsAAABB at Higher Grade. Mathematics required at National5, minimum grade A (or grade 1 Standard Grade orIntermediate 2 equivalent) and English required at National5, minimum grade B (or grade 2 Standard Grade orIntermediate 2 equivalent) if not offered at Higher Grade. Combinations of Highers and Advanced Highers accepted.Where a candidate bypasses the assessment for National 5qualifications, a minimum of grade B in the Higher in Mathsand grade C in the Higher English is required.

Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

Scottish qualifications can be taken in more than one sitting.

International Baccalaureate35 points. Standard Level Mathematics or MathematicalStudies and English (Language and/or Literature) required atgrade 5 if not offered at Higher Level.

Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

Irish Leaving CertificateH1H1H1H2H3 at Higher Level, normally to includeMathematics. Please see the Additional Information sectionon this page about further GCSE (or equivalent)requirements.

Access Qualifications45 Level 3 credits at Distinction to include at least 6 creditsin maths or quantitative methods.

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Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

Pearson BTEC Level 3 National ExtendedDiploma/OCR Cambridge Technical Level 3Extended DiplomaOverall DDD. Business-related subjects preferred. GCSEMathematics grade A or 7 and English grade B or 6required.

Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

Cambridge Pre-UD3,D3,M2 in Principal Subjects. GCSE Mathematics atgrade A or 7 and English at minimum grade B or 6 requiredif not taken at a higher level.

Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

Extended Project QualificationWe welcome applications from students offering anExtended Project and value the skills of research andindependent learning that it is designed to develop.  If youoffer an Extended Project, it will be taken into account aspart of your application profile, but we will not usuallyinclude it in offer conditions for this degree programme.

PARTNERS - A LevelsBBB excluding General Studies. GCSE Mathematics atgrade A or 7 and English at grade B or 6 required if nottaken at A or AS level.

The PARTNERS Programme is Newcastle University’ssupported entry route for students from schools andcolleges in England and Northern Ireland. Find out moreabout the PARTNERS Programme.

Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

PARTNERS - Pearson BTEC Level 3 NationalExtended Diploma/OCR Cambridge TechnicalLevel 3 Extended DiplomaOverall DDM. Business-related subjects preferred. GCSEMathematics at grade A or 7 and English at grade B or 6required.

The PARTNERS Programme is Newcastle University’ssupported entry route for students from schools andcolleges in England and Northern Ireland. Find out moreabout the PARTNERS Programme.

Please see the Additional Information section on this pageabout further GCSE (or equivalent) requirements.

English Language RequirementsApplicants whose first language is not English require aminimum score of IELTS 6.5 or equivalent.

If you need help to meet our English Languagerequirements, we can provide support with extra tuition.

Read more about UK visas and immigration requirements.

Other International QualificationsABB at A level is typically the minimum required for entry toan undergraduate course. You can check the equivalentgrades for qualifications offered in your country.

We will also consider your application if you have lower ornon-standard qualifications.

International Foundation ProgrammesIf you are an international student and you do not meet theacademic and English language requirementsspecified above, you should consider a pre-sessionalcourse at INTO Newcastle University, which will help toprepare you for study on this degree.

INTO Newcastle University is based on the Universitycampus and offers a range of courses including theInternational Foundation in Business and Management.

Undergraduate Admissions Policy

See our 2018 Admissions Policy (PDF: 185 KB).

See further policies related to admission.

Careers

Economics and Finance careersEconomics graduates are highly employable. Apart from thespecific understanding of the subject, employers value theskills of numeracy and analysis, the ability to communicateand the capacity to grasp broad issues which our graduatesacquire. Graduate destinations vary widely in terms of therange of roles and employers, including regional, nationaland international organisations, across many sectors.

Whilst only a few economics graduates may be expected tobecome professional economists, many find it an excellentbase for entry into a rewarding career in finance – includingaccounting, insurance, tax and banking, or management.

In recent years our graduates have been successful inobtaining employment in a variety of major national andinternational firms in the financial and commercial sectors,and in manufacturing, retailing and IT, as well as in the CivilService and the public sector – for example, in the healthand education sectors. Some graduates go on to undertakepostgraduate studies, either in economics, research,teacher training or further qualifications in specialist areas.

Find out more about the career options for Economics fromProspects: The UK's Official Careers Website.

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What our graduates go on to do:employment and further studychoicesSee what our recent graduates went on to do and viewgraduate destinations statistics. These statistics are basedon what graduates were doing on a specific date,approximately six months after graduation. Take a look atthe most recent data available for our graduates.

The destination data is available in varying levels, beginningwith the University and moving through Faculty and Schooldown to individual course reports. This final level may giveyou some useful ideas about possible options after yourcourse or a course you are considering.

Careers and employability atNewcastleNewcastle University consistently has one of the bestrecords for graduate employment in the UK.

96% of our 2017 UK-domiciled UG/PG graduatesprogressed to employment or further study within sixmonths of graduating.

85.5% of our graduates are in graduate level employment orfurther study within six months of graduating.

We provide an extensive range of opportunities to allstudents through an initiative called ncl+. This enables youto develop personal, employability and enterprise skills andto give you the edge in the employment market after yougraduate.

Our award-winning Careers Service is one of the largest andbest in the country, and we have strong links withemployers.

Fees & Funding

Tuition Fees (UK students)

2019 entry*:£9,250 (subject to approval of our Access Agreement bythe Office for Students (OfS) in July 2018).For programmes where you can spend a year on a workplacement or studying abroad, you will receive asignificant fee reduction for that year.Some of our degrees involve additional costs which arenot covered by your tuition fees.2018 entry*:£9,250For programmes where you can spend a year on a workplacement or studying abroad, you will receive asignificant fee reduction for that year.

Tuition Fees (UK students)

Some of our degrees involve additional costs which arenot covered by your tuition fees.*Please note:The maximum fee that we are permitted to charge for UKstudents is set by the UK government.As a general principle, you should expect the tuition fee toincrease in each subsequent academic year of yourcourse, subject to government regulations on feeincreases and in line with inflation, as measured byRPIX**.See more information on all aspects of studentfinance relating to Newcastle University.**RPIX is a measure of inflation in the UK, equivalent to allthe items in the Retail Price Index excluding mortgageinterest payments.

Tuition Fees (EU students)

2019 entry*:£9,250 (subject to approval of our Access Agreement bythe Office for Students (OfS) in July 2018). You will paythe same tuition fees as UK students for the duration ofyour course.For programmes where you can spend a year on a workplacement or studying abroad, you will receive asignificant fee reduction for that year.Some of our degrees involve additional costs which arenot covered by your tuition fees.2018 entry*:£9,250. You will pay the same tuition fees as UK studentsfor the duration of your course.For programmes where you can spend a year on a workplacement or studying abroad, you will receive asignificant fee reduction for that year.Some of our degrees involve additional costs which arenot covered by your tuition fees.*Please note:As a general principle, you should expect the tuition fee toincrease in each subsequent academic year of yourcourse, subject to government regulations on feeincreases and in line with inflation, as measured byRPIX**.See more information on all aspects of studentfinance relating to Newcastle University.**RPIX is a measure of inflation in the UK, equivalent to allthe items in the Retail Price Index excluding mortgageinterest payments.

Tuition Fees (International students)

2019 entry:Tuition fees for 2019-20 have not yet been confirmed.2018 entry*:£16,200 per year*Please note:

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Tuition Fees (International students)

You will be charged tuition fees for each year of yourdegree programme (unless you are on a shorterexchange programme).If you spend a year on placement or studying abroad aspart of your degree you may pay a reduced fee for thatyear.The tuition fee amount you will pay may increase slightlyyear on year as a result of inflation, as measured byRPIX**.See more information on all aspects of studentfinance relating to Newcastle University.**RPIX is a measure of inflation in the UK, equivalent to allthe items in the Retail Price Index excluding mortgageinterest payments.

Scholarships and Financial Support (UKstudents)

You may be eligible for one of a range of NewcastleUniversity Scholarships in addition to government financialsupport.Newcastle University ScholarshipsGovernment financial support

Scholarships and Financial Support (EUstudents)

You may be eligible for one of a range of NewcastleUniversity Scholarships in addition to government financialsupport.Newcastle University ScholarshipsGovernment financial support

Scholarships and Financial Support(International students)

We offer our Vice-Chancellor's InternationalScholarships and Vice-Chancellor's ExcellenceScholarships to eligible international students.We also offer International Family Discounts which areavailable for all international students with a close familymember who has graduated from or is now studying atNewcastle University.Some of our subject scholarships and sportsscholarships are also available for international students.

Apply

Applying to Newcastle Universitythrough UCASTo apply for undergraduate study at Newcastle you mustuse the online application system managed by theUniversities and Colleges Admissions Service (UCAS).

UCAS codes for Newcastle University

• institution name - NEWC• institution code - N21

UCAS buzzwordAsk your teacher or adviser from your school or college forthe UCAS buzzword. You need the buzzword when youregister on the Apply system. This makes it clear whichschool or college you are applying from.

All UK schools and colleges and a small number of EU andinternational establishments are registered with UCAS.

If you are applying independently, or are applying from aschool or college which is not registered to manageapplications, you will still use the Apply system. You will notneed a buzzword.

Making your applicationOn the UCAS website you can also find out more about:

• application deadlines and other important dates• offers and tracking your application

Application decisions and enquiriesFind out more about our admissions process and who tocontact if you need help with your application.

Quality and rankingEconomics:

• top 200 – Business and Economics category – TimesHigher Education World University Rankings by Subject2018

Accounting and Finance:

• top 20 in the UK – The Complete University Guide 2018