MBA Master of Business Administration
Durham University's MBA Master of Business Administration program is designed to eq...
BA Economics with Placement Year
Durham City
INTAKE: September
Program Overview
The BA Economics with Placement Year program at Durham University offers students a comprehensive understanding of economics coupled with invaluable practical experience gained through a year-long industry placement. This program equips students with both theoretical knowledge and hands-on skills, enhancing their employability and readiness for the job market.
Curriculum: The curriculum covers a wide array of economic theories, principles, quantitative methods, and modules focusing on microeconomics, macroeconomics, econometrics, and specialized areas such as behavioral economics or international trade. The placement year supplements this academic foundation with practical exposure in a real-world work environment.
Research Focus: Students have opportunities to engage in research projects within economics during their placement year, enabling them to apply their theoretical knowledge to real-life scenarios. This might involve analyzing economic trends, conducting market research, or assisting in policy analysis within the organization.
Industry Engagement: The highlight of the program is the year-long placement, allowing students to immerse themselves in a professional environment related to economics. Durham University collaborates with various industry partners to facilitate placements, enabling students to apply classroom teachings to practical situations and gain industry-specific skills.
Global Perspective: While the program doesn't explicitly include a global component, the placement year might offer international opportunities, broadening students' perspectives by working in multinational companies or experiencing diverse business practices and cultural settings.
Location
Durham City
Score
IELTS 6.5
Tuition Fee
£ 24500
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 85% or equivalent in their respective country's grading system.
English Language Proficiency:
- IELTS: A minimum overall score of 6.5 with no individual component below 6.
- TOEFL: A minimum overall score of 92, with at least 23 in Listening, Reading, Speaking, and Writing.
- PTE: A minimum overall score of 62 with no individual score below 59.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
Durham University offers a range of scholarships and bursaries to both domestic and international students.
Durham University Scholarships and Bursaries: These are awarded to both undergraduate and postgraduate students based on academic excellence, financial need, or specific criteria such as subject area or country of origin.
Durham International Scholarships: These are awarded to exceptional international students who are pursuing undergraduate or postgraduate studies at the university. The scholarship covers a portion of tuition fees and is renewable for the duration of the course.
Government Scholarships: Durham University participates in a number of government scholarship programs, including the Chevening Scholarship and the Commonwealth Scholarship.
College-Specific Scholarships: Some colleges at Durham University offer scholarships and bursaries to their students, such as the Van Mildert College Music Scholarship and the St. Mary's College Travel Grant.
Departmental Scholarships: Some academic departments at Durham University offer scholarships specifically for international students. These scholarships may be discipline-specific or focused on supporting students from specific regions or countries.
Vice-Chancellor's Scholarships: The Vice-Chancellor's Scholarships are prestigious scholarships awarded to exceptional international students across all academic disciplines. These scholarships cover the full tuition fees and provide a generous living allowance for the duration of the program. The selection process is highly competitive and based on academic merit and leadership potential.
Graduates who have completed the BA Economics with Placement Year program from Durham University acquire a blend of theoretical knowledge and practical experience, opening doors to various career paths in economics, finance, consulting, research, and more.
Economic Analyst/Researcher: Graduates can work as economic analysts or researchers, applying their analytical skills and knowledge gained during the placement year to conduct economic research, analyze market trends, and contribute to policy development in government agencies, think tanks, or research institutions.
Financial Analyst/Consultant: Professionals may pursue roles as financial analysts or consultants, utilizing their understanding of economics and practical experience from the placement to provide financial analysis, investment advice, and strategic financial planning for companies in various sectors, including banking, finance, or investment firms.
Business Analyst/Strategist: Graduates can work as business analysts or strategists, leveraging their analytical skills and business acumen gained during the placement year to evaluate business operations, recommend improvements, and devise strategies for enhancing organizational efficiency and growth.
Policy Advisor/Government Economist: Professionals may choose careers as policy advisors or government economists, applying their knowledge and experience to offer insights into economic policies, contribute to public policy development, or work in government departments focusing on economic development.
Data Analyst/Market Researcher: Graduates can pursue roles as data analysts or market researchers, utilizing their quantitative skills and understanding of economic principles to analyze data, assess market trends, and support decision-making processes in marketing or research-oriented roles.
Financial Planner/Investment Manager: Professionals can work in roles such as financial planners or investment managers, utilizing their economic insights to assist individuals or organizations in managing finances, making investment decisions, and optimizing financial portfolios.
Further Studies/Academia: Some graduates may opt for postgraduate studies, pursuing master's degrees or Ph.D. programs in economics, finance, or related fields to specialize further or pursue careers in academia.
