Financial Economics

BSc, 3-4 years

This is for you if... you want to know more about applying mathematics and statistics to economics and finance.

Course Description

Financial Economics deals with the fascinating world of pricing, interest rates and shares and how rational (or even irrational!) decisions affect them. You will explore the global role of these financial systems in modern economics and learn to analyse the impact of economic events on financial markets. You will become a proficient user of financial software and complex data sources which will enable you to better understand the impact and reach of economic decisions.

A Financial Economics BSc is for you if you want to build on the foundation of a Mathematics A-level and gain specialist knowledge in the application of mathematics and statistics to core areas of economics.

The first year of this degree is common to the following BSc degrees:

This means that you will have the option to switch to one of the BSc degrees in this list during your first year.

This course will prepare you for specialist quantitatively orientated careers in financial economics, research and forecasting, as well as those in the areas of business management, finance, banking and accountancy. Your time with us will also equip you with the research techniques that are vital to postgraduate study.

Our staff are internationally renowned and have acted as advisers and consultants to many international and national organisations, including the European Central Bank, the United Nations, the International Monetary Fund, the Central Bank of Poland, the Central Bank of Greece and a number of UK Government departments.

To help you develop the skills that leading employers ask for, and let you see how traders work, we have 12 Bloomberg terminals in the University Library. 

The close relationship between research and teaching is one of the great advantages of studying with us. We welcome talented students from countries all over the world.

What's the difference?

Financial Economics BSc and Financial Economics BA differ in the topics that you will study, as well as the entry requirements.

For the BSc:

  • You will need to have achieved an A-level in Maths - at least grade B.
  • You will gain experience in the use of advanced mathematical and statistical techniques in economic analysis and its applications.

For the BA:

  • You will need to have achieved a GCSE in Maths - at least a grade B.
  • You will focus on the development of your skills as an economist through their application to a wide range of real world issues.
Key Facts
Typical offer
ABB (including Maths)
UCAS code
L115
Start date
September 2017
Department
School of Business
Contact

Admissions enquiries
+44 (0)116 252 5281
cssadmissions@le.ac.uk

Course enquiries
+44 (0)116 252 2890
economicsug@le.ac.uk

School of Business website



View Key Information Sets

Why Leicester?

Our 12 Bloomberg terminals let you see how traders work and also access financial news and information, including real-time stock quotes 24/7. By using this industry standard platform, you will develop skills that top employers ask for.

You will have the opportunity to gain a global outlook and real-world experience through our year abroad and year in industry opportunities.

We have a dedicated Student Support Manager who provides information, advice and guidance on the graduate job application process and a Personal Tutor to assist in all areas of your academic study.

All first year Economics students can sign up for a peer mentor who can provide help and support with coursework, exam tips, study skills, careers and how to make the most of your time at Leicester.

Course Structure

Year 1

Year 1

In your first year, you will be introduced to the core areas of microeconomics, macroeconomics and the economic application of advanced mathematical and statistical techniques to the solution of economic problems.

Modules

First year modules are common to the following BSc degrees: Banking and Finance BSc, Business Economics BSc, Economics BSc, Economics and Accounting BSc, Financial Economics BSc. There is flexibility to switch between these degrees during your first year.

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Year 2

Year 2

You will develop your knowledge and understanding of microeconomics and macroeconomics. Modules in econometrics will further your understanding of applications of mathematics and statistics to economics. You will have specialist modules in principles of banking and principles of finance which will further develop subject-specific skills in these areas.

Modules

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Year in Industry or Abroad (optional)

Year in Industry or Abroad (optional)

You have the option of spending a year studying abroad at one of our partner institutions or working in an industrial placement (eligibility is dependent on your academic performance in Years 1 and 2). Alternatively, you can opt to continue studying at the University and complete your degree in three years.

Year in Industry information

An industrial placement is a fantastic opportunity to gain experience of a working environment - and will normally be a paid position, more than offsetting the additional cost of the extra year.

Eligibility is dependent on your academic performance in Years 1 and 2. If you are accepted onto the programme you will be responsible for securing your internship placements. Please note that being accepted onto the programme does not guarantee you access to an internship.

During your placement you will be visited by a Placement Support Officer. You will also come back to the University to give a brief presentation of your work experience. You will be provided with a log book to document your placement and will write a final report detailing your work, which will be assessed as part of your degree.

You will be supported through guided sessions, including:

  • Introduction to the scheme
  • Researching placement opportunities
  • Making successful applications
  • Effective interview techniques
  • Preparing for my placement

A year in industry is an excellent opportunity to learn more about the types of profession that you can choose after you graduate, and can also point you towards postgraduate studies that may help you on the path to your chosen career.

Your placement effectively begins in Year 2 when you will be briefed in writing a CV, interview techniques and the procedures that you need to follow to obtain an industrial placement. In addition, a list of potential industrial partners who have taken students in past years will be provided to you.

Year Abroad Information

If you want to, you can spend your third year studying abroad at one of our partner institutions (eligibility is dependent on your academic performance in Years 1 and 2). Alternatively, you can opt to continue studying at the University and complete your degree in three years.

Studying abroad is not just for people who are interested in travelling and meeting new people. It is about acquiring life skills that are becoming increasingly significant for a wide range of jobs in our modern globalised society. Whether you go on to work in the private sector, the state sector, a non-governmental organisation or become self-employed you will find the experience invaluable. Find out more from our International Office.

Please note that a year spent abroad still incurs a tuition fee, but this is much lower than for a normal year at Leicester. See our Fees and Funding section for details.

The School of Business has links with several European universities, administered through the European Erasmus scheme. If you attend one of these, you may be eligible for an Erasmus grant if you comply with European Commission rules and regulations. If you are eligible for a loan from Student Finance you can apply for a travel grant from them. During your second year at Leicester you will receive appropriate language training.

  • For the latest information on the future of the Erasmus scheme at UK universities please see our Brexit microsite 

We have links with the following universities:

We also have links with some universities outside Europe. There is no monthly grant when you attend one of these universities, however if you are receiving financial assistance from Student Finance your support will continue and you may also be eligible to apply for additional travel grants or scholarships. We have links with the following universities:

 

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Final Year

Final Year

In your final year you will have the opportunity to choose two option modules, giving you the opportunity to shape your degree according to your interests. The core modules will cover the major areas of international finance, financial derivatives, corporate finance and investment management. Your statistical knowledge will be enhanced through an advanced module in econometrics and a computer-based empirical project is undertaken to provide skills in econometric research.

Core modules

Option modules

Choose one option module from:

Plus a further one option module from:

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Additional Information

On this degree, if you choose the Third Year module Investment Management, you can study the syllabus for the CFA Institute Investment Foundations Certificate which is awarded by the Chartered Financial Analysis Institute.

We are one of a very small, prestigious and elite group of universities able to offer this service to students. Extra lectures will be provided to cover the syllabus and you will learn about the tools and analysis that are used to make investment decisions as well as the different asset classes available to investors and much more. Studying the syllabus at Leicester will fully prepare you to take the exam for the CFA Institute Investment Foundations Certificate.

Attaining the certificate will help you stand out from the crowd because it is a professional qualification that employers in the financial services industry instantly recognise and value. 

Please note: If you choose to sit the exam for the CFA Institute Investment Foundations Certificate at a test centre you will need to pay an exam fee to the CFA. 

CFA Institute logo

Teaching and Assessment

You will usually have eight hours of lectures and four hours of classes or tutorials per week, although this may vary between modules. The lecture programme is supported by small-group tutorials, seminars or practical classes, designed to encourage discussion, exploration and application of issues arising from lecture material.

During the course of your degree you will be assessed by a mixture of exams and coursework. In your final year you will complete an Applied Econometrics Project. This will give you the opportunity to work on a topic of your choice that you are particularly interested in.

Research Stories

Entry Requirements

  • A/AS-levels: ABB including Maths at Grade B or above. Two AS-levels considered in place of one A-level. General Studies or Critical Thinking not included. Own language may be considered.
  • EPQ with A-levels: BBB + EPQ at grade B. A level subjects to include Mathematics at grade B. Two AS-levels considered in place of one A level. General Studies and Critical Thinking not accepted. Own language may be considered.
  • Access to HE Diploma: Pass relevant diploma with some credits at distinction, with equivalent to A-level grade B in Maths.
  • International Baccalaureate: Pass Full Diploma with 30 points overall including 5 Higher Level Maths.
  • BTEC Extended National Diploma: DDD in Business diploma with strong GCSE background and A-level Mathematics at grade B.

Other national and international qualifications considered. If you do not meet the entry requirements for this course, you can apply for the International Foundation Year run by our dedicated International Study Centre. The ISC provides academic and English language support to help you progress to your chosen undergraduate degree at the University of Leicester.

Second Year Entry may be possible with suitable qualifications.

Selection Process

Applicants are not normally interviewed. If you receive an offer you will be invited to visit the School of Business.

English Language Requirements

IELTS 6.5 or equivalent. If your first language is not English, you may need to provide evidence of your English language ability. If you do not yet meet our requirements, our English Language Teaching Unit (ELTU) offers a range of courses to help you to improve your English to the necessary standard.

International Qualifications

Find your country in this list to check equivalent qualifications, scholarships and additional requirements.

Countries list

Fees and Funding

  • Starting in 2016

    • £9,000 per year
    • The fee for a year abroad is £1,250, rather than £9,000.
    • The fee for a year in industry is £1,000, rather than £9,000.

    Starting in 2017

    An inflationary increase (2.8% based on RPIX*) in tuition fees and student support loans have been announced by the Government for 2017. This is still subject to formal parliamentary approval however, if approved, fees for 2017/18 entry could rise to £9,250 in 2017/18.
     
    After 2017/18, the tuition fee you pay may increase annually in line with inflation (RPIX) and is subject to government regulations.
     
    (*RPIX is a measure of inflation in the UK, equivalent to all items in the Retail Price Index (RPI) excluding mortgage interest payments.)

  • Starting in 2017

    • £15,290 in your first year
    • Year abroad: your fee will be 15% of the full-time tuition fee that applies in that year.
    • Year in industry: your fee will be 25% of the full-time tuition fee that applies in that year.

    After the 2017/18 academic year, the tuition fee you pay may increase annually in line with inflation (based on RPIX - a measure of inflation in the UK, equivalent to all items in the Retail Price Index (RPI) excluding mortgage interest payments) and is subject to government regulations. 

Career Opportunities

An economics degree from the University of Leicester will provide you with numerous career opportunities. You can participate in an employability development programme. Working with well-known employers, you will undertake a business game scenario, giving you a taste of the graduate recruitment process.

You have the chance to undertake project work with student societies and employer-led organisations.

Our Student Support Manager provides information, advice and guidance on the graduate job application process. Our award winning Career Development Service is made up of people with an incredible amount of experience from all sectors and sizes of organisations and are able to provide you with insight into a wide range of careers.

Studying here will help prepare you for a wide range of career opportunities in government, business or the financial services sector, as well as for future study at postgraduate level. Typical job roles our graduates have entered have included; Marketing Executive, Business Development Consultant, Trading Assistant, Risk Analyst, Tax Associate etc. Past employers of our graduates have included; Next, NHS, Mazars, Deloitte, Jaguar etc.

Read about some of our recent graduates.

Careers

Our Career Development Service is here to support you, with advice on interviews, CVs, work experience, volunteering and more. From Freshers’ Week to Graduation and beyond, they are here to help you reach your professional goals.

Course Qualification Duration UCAS Code Availability
Financial Economics BSc 3 years full-time L115 Apply Now
Financial Economics with Year Abroad BSc 4 years full-time L115 Apply Now
Financial Economics with Year in Industry BSc 4 years full-time L115 Apply Now
Course
Financial Economics
Qualification
BSc
Duration
3 years full-time
UCAS Code
L115
Availability
Course
Financial Economics with Year Abroad
Qualification
BSc
Duration
4 years full-time
UCAS Code
L115
Availability
Course
Financial Economics with Year in Industry
Qualification
BSc
Duration
4 years full-time
UCAS Code
L115
Availability

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