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Economics and Finance BSc Honours

  • UCAS code: L161
  • Full time
  • 3 years

This economics and finance degree will prepare you for a career in financial management and economics with the skills and knowledge sought by employers across the globe.

You are currently viewing course information for entry year: 2024


Next start date:

  • September 2024

Fees (per year)

  • Home: £9250
  • International: £21600

Entry requirements and offers

  • A-Level: AAA
  • IB: 36 points

UCAS Institution name and code:

  • NEWC / N21

Course overview

This Economics and Finance BSc Honours degree focuses on developing your understanding of modern economics and key finance topics. You'll gain the skills that are critical to succeed in the finance and economics sectors.

Studying a combination of topics across economics and finance, you'll possess in-depth knowledge in areas such as:

  • corporate finance
  • international financial management
  • financial economics
  • economic modelling
  • micro and macroeconomic theory

You'll graduate from Newcastle University as a confident economics and finance expert. You'll have an appreciation of how the finance sector and the economy interact, and will be ready to take on challenging roles in these sectors.

Your course and study experience - disclaimers and terms and conditions  
Please rest assured we make all reasonable efforts to provide you with the programmes, services and facilities described. However, it may be necessary to make changes due to significant disruption, for example in response to Covid-19.

View our Academic experience page, which gives information about your Newcastle University study experience for the academic year 2023-24.

See our terms and conditions and student complaints information, which gives details of circumstances that may lead to changes to programmes, modules or University services.

Quality and ranking

Professional accreditation and recognition

All professional accreditations are reviewed regularly by their professional body.

Modules and learning

Modules

The information below is intended to provide an example of what you will study.

Most degrees are divided into stages. Each stage lasts for one academic year, and you'll complete modules totalling 120 credits by the end of each stage. 

Our teaching is informed by research. Course content may change periodically to reflect developments in the discipline, the requirements of external bodies and partners, and student feedback.

To find out more please see our terms and conditions.

Optional module availability
Student demand for optional modules may affect availability.

Full details of the modules on offer will be published through the Programme Regulations and Specifications ahead of each academic year. This usually happens in May.


You'll develop your understanding of core economics topics within micro and macroeconomics. You'll learn about the principles of accounting and finance.

You'll be introduced to mathematical and statistical techniques. You'll also develop a variety of IT and quantitative skills.

Modules

Compulsory Modules Credits
Introduction to Financial Accounting 20
Introduction to Management Accounting and Finance 20
Statistical Methods for Economics 20
Mathematics for Economics 20
Economic Analysis 30
Economic Applications 10
Introductory Mathematical Methods for Economics 0
Academic Tutoring 0

You'll deepen your insight into the methods used by economists to understand the workings of the modern economy. You'll learn about the relationship between the government and the financial sector. You'll also take higher-level modules in microeconomics and macroeconomics.

The econometrics module will give you the ability to interpret and evaluate the results of applied research in economics and finance.

You will also study topics in corporate finance. You'll raise your awareness of financial issues in the business environment such as asset pricing and dividend policy.

Modules

Compulsory Modules Credits
Responsible Corporate Finance 20
Econometric Analysis 20
Microeconomic Analysis 30
Macroeconomic Analysis 30
Optional Modules Credits
Financial Control 20
Intermediate Financial Accounting 20
International Economics 10
Economics of Regulation 10
Economic Evaluation and Investment 20
Applied Economics 10
Mathematical Economics 10
Python Programming for Economists 10
British Economic History, 1780-1979 10
Ecological Economics and Environmental Policy 10
Economics of Inequality and Disadvantage 10
Placement and Study Abroad Info Sessions (Stage 2) 0

You'll take modules in advanced micro and macroeconomic theory. You'll also learn about financial economics and international financial management.

You'll have the chance to undertake original research and apply your economic knowledge to a topic of interest to you. You may also complete a dissertation and pursue a topic of original research.

Modules

Compulsory Modules Credits
International Financial Management 20
Advanced Microeconomics 20
Advanced Macroeconomics 20
Financial Economics 10
Optional Modules Credits
Advanced Financial Accounting and Reporting 20
Management Accounting 20
Derivative Markets 20
Taxation 20
Labour Economics 20
Behavioural Economics and Experimental Methods 20
Economics of Banking 10
Advanced Econometric Analysis 10
Monetary Economics 10
Public Economics 20
Advanced Time Series Econometrics 10
Dissertation Part 1 10
Economics of Risk and Uncertainty 10
Health Economics 10
Industrial Economics and Policy 20
Dissertation Part 2- Independent Research Project 20
Game Theory 10
Happiness Economics 10
Microeconometrics 10
Development Economics 10
Environmental Economics 10
You either study a 40-credit dissertation that includes:
 
Or you take 50 credits of optional modules, excluding the dissertation modules.

Teaching and assessment

Teaching methods

Your modules are taught via lectures and seminars.

Assessment methods

You'll be assessed through a combination of:

  • Assessments

  • Dissertation or research project

  • Essays

  • Examinations – practical or online

  • Projects

Skills and experience

Research skills

You have the opportunity to undertake an independent research project in your final year. This allows you to apply the tools of economic analysis you've learned throughout your degree.

You'll apply your economic knowledge to an area you're particularly interested in. You'll gain a grasp of cutting-edge research methods in economics, under the supervision of a University member of staff.

Opportunities

Work placement

Get career ready with a work placement and leave as a confident professional in your field. You'll spend 9 to 12 months working in an organization either in the UK or internationally. You'll receive University support from our dedicated team to help you apply for work placements. Work placements take place between stages 2 and 3.

You'll gain first-hand experience of working in the sector, putting your learning into practice and developing your professional expertise.

Our recent 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 operate within Romania and Germany at P&G
  • producing a new mechanism for tracking internal investment projects internationally at AMEX
  • responsible for tracking brand marketing expenses for consumer products at Johnson & Johnson

If you choose to take a work placement, it will extend your degree by a year. Placements are subject to availability and must be secured by the student.

Find out more about work placements

Study abroad

Experience life in another country by choosing to study abroad as part of your degree. You’ll be encouraged to embrace fun and challenging experiences, make connections with new communities and graduate as a globally aware professional, ready for your future.

You may choose to spend a year abroad as part of your degree in one of our partner institutions. If you choose to study abroad, it will extend your degree by a year.

Alternatively, you may apply to spend Stage 2 studying economics at the University of Groningen in the Netherlands for a year.

Find out more about study abroad

Facilities and environment

Facilities

Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 80 nationalities. This valuable network extends beyond our current students to include:

  • regional, national and international leaders
  • over 34,000 alumni in our network, spanning over 150 countries
  • leading professionals and practitioners from industry

The Business School is the gateway to Newcastle Helix - an innovation hub and community that brings together industry leaders, businesses and top researchers.

Our facilities include:

  • flexible conference room with panoramic views across the city
  • Wi-Fi enabled connectivity throughout the building, including three computer clusters housing over 120 PCs
  • four large lecture theatres and over 25 seminar and teaching spaces, providing comfortable teaching and group study space
  • dedicated Student Hub and Quiet Space, providing a balanced mix of study space for group work or quiet, individual study
  • contemporary café
  • employability hub to support your career aspirations
  • Bloomberg Room to give you a real feel for the trading room floor
  • Experimental and Behavioural Economics Lab, a state-of-the-art research facility for conducting studies in experimental economics and economic psychology

This is in addition to our Frederick Douglass Centre at Newcastle Helix, which offers further study and learning spaces including a 750 seat auditorium – the largest in the University.

Find out more about Newcastle University Business School

Support

Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 80 nationalities. This valuable network extends beyond our current students to include:

  • regional, national and international leaders
  • over 34,000 alumni in our network, spanning over 150 countries
  • leading professionals and practitioners from industry

The Business School is the gateway to Newcastle Helix - an innovation hub and community that brings together industry leaders, businesses and top researchers.

Our facilities include:

  • flexible conference room with panoramic views across the city
  • Wi-Fi enabled connectivity throughout the building, including three computer clusters housing over 120 PCs
  • four large lecture theatres and over 25 seminar and teaching spaces, providing comfortable teaching and group study space
  • dedicated Student Hub and Quiet Space, providing a balanced mix of study space for group work or quiet, individual study
  • contemporary café
  • employability hub to support your career aspirations
  • Bloomberg Room to give you a real feel for the trading room floor
  • Experimental and Behavioural Economics Lab, a state-of-the-art research facility for conducting studies in experimental economics and economic psychology

This is in addition to our Frederick Douglass Centre at Newcastle Helix, which offers further study and learning spaces including a 750 seat auditorium – the largest in the University.

Find out more about Newcastle University Business School

Your future

Join a network of successful graduates

Our economics and finance graduates are highly employable when they graduate from Newcastle University.

They take on roles within the economics and finance sectors, with organisations such as:

  • Deloitte
  • KPMG
  • Royal Bank of Scotland
  • Jaguar Land Rover
  • Panmure Gordon & Co
  • Assurant

Economics careers

Economics graduates are highly employable. As well as a specific understanding of the subject, they have excellent numeracy, analysis and communication skills.

Graduate destinations vary widely in terms of the range of roles, employers, and sectors.

Whilst only a few economics graduates may be expected to become professional economists, many find it an excellent base for entry into a rewarding career in finance – including accounting, insurance, tax and banking, or management.

Make a difference

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Careers support

You'll have access to a wealth of resources and support to enhance your employability, including:

  • the annual Future Focus: Careers Conference, tailored to different industry areas
  • interwoven employability provision
  • access to a dedicated placement officer within the Business School who can help you find a work placement in your area of interest
  • specialist careers and business start-up support from the University's award-winning Careers Service and the Business School's careers consultants
  • career management sessions with a careers consultant
  • work experience opportunities while studying with us
  • Business School summer internship scheme

We're also one of 140 business schools worldwide to be accredited by the EQUIS scheme for our managerial and entrepreneurial skills development.

Our award-winning Careers Service is one of the largest and best in the country, and we have strong links with employers. We provide an extensive range of opportunities to all students through our ncl+ initiative.

Visit our Careers Service website

Recognition of professional qualifications outside of the UK

From 1 January 2021 there is an update to the way professional qualifications are recognised by countries outside of the UK

Entry requirements

All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements and offers below apply to 2024 entry.

A-Level
International Baccalaureate

Other UK and the Republic of Ireland qualifications

Contextual Offers

Through one of our contextual routes, you could receive an offer of up to three grades lower than the typical requirements.

What is a contextual offer? Find out more and if you’re eligible for this or our PARTNERS Programme supported entry route.

Qualifications from outside the UK

English Language requirements

Entrance courses (INTO)

International Pathway Courses are specialist programmes designed for international students who want to study in the UK. We provide a range of study options for international students in partnership with INTO. 

Find out more about International Pathway Courses

Admissions policy

This policy applies to all undergraduate and postgraduate admissions at Newcastle University. It is intended to provide information about our admissions policies and procedures to applicants and potential applicants, to their advisors and family members, and to staff of the University.

Credit transfer and Recognition of Prior Learning

Recognition of Prior Learning (RPL) can allow you to convert existing relevant university-level knowledge, skills and experience into credits towards a qualification. Find out more about the RPL policy which may apply to this course.

Tuition fees and scholarships

Tuition fees for 2024 entry (per year)

Qualification: BSc Honours

Home students

full time 3 years

Tuition fees (per year)

9250

International students

full time 3 years

Tuition fees (per year)

21600

Year abroad and additional costs

For programmes where you can spend a year on a work placement or studying abroad, you will receive a significant fee reduction for that year. 

Some of our degrees involve additional costs which are not covered by your tuition fees.

Scholarships

Find out more about:

Open days and events

How to apply

Apply through UCAS

To apply for undergraduate study at Newcastle University, you must use the online application system managed by the Universities and Colleges Admissions Service (UCAS). All UK schools and colleges, and a small number of EU and international establishments, are registered with UCAS. You will need:

  • the UCAS name and institution codes for Newcastle University (NEWC/N21)
  • the UCAS code for the course you want to apply for
  • the UCAS 'buzzword' for your school or college

If you are applying independently, or are applying from a school or college which is not registered to manage applications, you will still use the Apply system. You will not need a buzzword.

Apply through UCAS

Apply through an agent

International students often apply to us through an agent. Have a look at our recommended agents and get in touch with them.

Visit our International pages

Get in touch

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Call us on +44 (0) 191 208 3333 and press option 1. Our opening hours are Monday to Friday 10am until 4pm.

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