Economics and Finance
BSc Honours
- UCAS code: L161
- Full time
- 3 years
- Next start date: September 2022
This economics and finance degree will prepare you for a career in finance management and economics with the skills and knowledge sought by employers across the globe.
Fees (per year)
- Home: £9250
- International: £20400
Entry requirements
- A Level: AAB
- IB: 35 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 with an appreciation of how the finance sector and the economy interact, ready to take on challenging roles in these sectors.
Your course during COVID-19
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.
Given the changing nature of the COVID-19 pandemic, the commitments outlined are subject to guidelines that may be in place from time to time.
View our COVID-19 Study page, which gives information about your Newcastle University study experience for the academic year 2022-23.
See our terms and conditions and student complaints information
Quality and ranking
- Top 125 for Business and Economics – Times Higher Education World University Rankings by Subject 2022
- Top 200 for Economics and Econometrics - QS World University Rankings by Subject 2022
- Top 20 for Graduate Prospects - Complete University Guide 2022
- 1st in the UK and 8th in the world for sustainable development – Times Higher Education Impact Rankings 2022
- 65% increase in research power since 2014 – Research Excellence Framework 2021
- 42% of our research is classified as 4* world-leading research – Research Excellence Framework 2021
- Global Top 125 University - QS World University Rankings 2023
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.
Featured module
ECO3018: Financial EconomicsIn this module you'll develop an understanding of tasks facing participants in the bond and stock markets. You'll also get an introduction to the Efficient Markets debate and the practical side of financial market risk management.
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.
To find out more please see our terms and conditions.
You develop your awareness and understanding of core economics topics within micro and macroeconomics, alongside the principles of accounting and finance.
You'll be introduced to mathematical and statistical techniques, and 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 |
| Academic Tutoring | 0 |
You deepen your insight into the methods used by economists to understand the workings of the modern economy, and the relationship between government and the financial sector, with higher-level modules in microeconomics and macroeconomics.
The compulsory econometrics module equips you with an ability to interpret and evaluate the results of applied research in economics and finance.
You will also study topics in corporate finance that 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 |
You take modules in advanced micro and macroeconomic theory, as well as financial economics and international financial management. These give you the chance to undertake original research and apply your economic knowledge to a topic of particular interest to you.
You may also complete a dissertation, which gives you the opportunity to pursue a topic of original research.
Modules
| Compulsory Modules | Credits |
|---|---|
| International Financial Management | 20 |
| Advanced Microeconomics | 20 |
| Advanced Macroeconomics | 20 |
| Financial Economics | 10 |
We base these figures and graphs on the most up-to-date information available to us. They combine data on the planned delivery and assessments of our courses in 2021-22 with data on the modules chosen by our students in 2020-21.
Teaching time is made up of:
- scheduled learning and teaching activities. These are timetabled activities with a member of staff present
- structured guided learning. These are activities developed by staff to support engagement with module learning. Students or groups of students undertake these activities without direct staff participation or supervision
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, gaining 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 can choose to spend 12 months working in any organisation in the world, and receive University support from our dedicated team to secure your dream placement. 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 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 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.
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.
Alternatively, you may apply to spend Stage 2 studying economics at the University of Groningen in the Netherlands for a year.
Facilities and environment
Facilities
This degree is run by our triple-accredited (AACSB, EQUIS, AMBA) Newcastle University Business School, based in our state-of-the-art building within the Newcastle Helix development – Newcastle's emerging business district.
You’ll benefit from a world-class business education and leave as a socially responsible graduate, ready to challenge conventional business thinking.
Find out more about Newcastle University Business School and our facilities
Support
This degree is run by our triple-accredited (AACSB, EQUIS, AMBA) Newcastle University Business School, based in our state-of-the-art building within the Newcastle Helix development – Newcastle's emerging business district.
You’ll benefit from a world-class business education and leave as a socially responsible graduate, ready to challenge conventional business thinking.
Find out more about Newcastle University Business School and our facilities
Your future
Join a network of successful graduates
Our economics and finance graduates are highly employable when they graduate from Newcastle University.
Our graduates took 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 below apply to 2022 entry.
A Level
AAB
International Baccalaureate
35 points
Qualifications from outside the UK
English Language requirements
Contextual offers
Through one of our contextual routes, you could receive an offer of up to three grades lower than the typical 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.
Tuition fees and scholarships
Tuition fees for 2022 entry (per year)
Home Fee Students
£9250
International Fee Students
£20400
The maximum fee that we are permitted to charge for home fee-paying students is set by the UK government.
As a general principle, you should expect the tuition fee to increase in each subsequent academic year of your course, subject to government regulations on fee increases and in line with inflation.
Depending on your residency history, if you’re a student from the EU, other EEA or a Swiss national, with settled or pre-settled status under the EU Settlement Scheme, you’ll normally pay the ‘Home’ tuition fee rate and may be eligible for Student Finance England support.
EU students without settled or pre-settled status will normally be charged fees at the ‘International’ rate and will not be eligible for Student Finance England support.
If you are unsure of your fee status, check out the latest guidance here.
Read more about fees and funding
Scholarships
We support our EU and international students by providing a generous range of Vice-Chancellor's automatic and merit-based scholarships. See our undergraduate scholarship page for more information.
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.
Find out more about:
Scholarships
Find out more about:
Open days and events
You'll have a number of opportunities to meet us throughout the year at our on-campus and virtual open days.
You'll be able to:
• explore our beautiful campus
• find out about our vibrant city
• discover what students think about studying at Newcastle
You'll also have the opportunity to speak to academic staff and find out more about the subjects you're interested in.
Find out about how you can visit Newcastle in person and virtually.
We regularly travel overseas to meet with students interested in studying at Newcastle University. Visit our events calendar to find out when we're visiting your region.
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 UCASApply 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.
Get in touch
By phone
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