MSc Civil Engineering and Management
The MSc Civil Engineering and Management program at the University of Nottingham provid...
BSc Industrial Economics
University Park
INTAKE: September
Program Overview
The BSc Industrial Economics program at the University of Nottingham focuses on combining economic theory with practical industry applications. Students will explore key concepts in industrial organization, market structures, competition policy, and the behavior of firms within various economic environments. The program is designed to provide students with the tools needed to analyze the forces shaping industries, from globalization to technological advancements, and how these forces affect business decisions and policy formulation. The degree prepares graduates for careers in public policy, economic consultancy, market analysis, and various industries, including finance, government, and international organizations.
Curriculum: The curriculum of the BSc Industrial Economics program is structured to provide a solid foundation in economic theory while emphasizing the role of economics in the industrial and business sectors. In the first year, students are introduced to core topics such as microeconomics, macroeconomics, mathematics for economists, and principles of industrial economics. In the second year, students delve deeper into industrial economics with modules covering market structure, competitive behavior, pricing strategies, and regulatory policies. The final year allows students to specialize further, with elective modules such as game theory, labor economics, environmental economics, and global business strategies. Students are also required to complete a final-year dissertation, allowing them to engage with real-world economic issues through independent research.
Research Focus: The BSc Industrial Economics program at the University of Nottingham is supported by a strong research focus in areas such as industrial organization, competition policy, and the economics of regulation. Faculty members are actively engaged in research that examines the behavior of firms, market dynamics, and the role of public policy in shaping economic outcomes. Research is integrated into the teaching, ensuring that students benefit from the latest developments in the field. The program encourages students to think critically about how economic theory applies to contemporary industrial issues and equips them with the skills to conduct independent research in these areas. This research-driven approach helps students gain a deeper understanding of the complexities of modern economies and prepares them to engage with pressing global economic challenges.
Industry Engagement: Industry engagement is a key feature of the BSc Industrial Economics program at the University of Nottingham. The University maintains strong links with various industries, including finance, consulting, and government, providing students with opportunities to participate in internships, work placements, and collaborative projects with industry partners. Students also have access to career-focused workshops, networking events, and guest lectures from industry professionals, giving them a chance to learn directly from experts and gain insights into potential career paths. The University’s location and global connections enhance opportunities for students to engage with companies and organizations on both a national and international level, ensuring that they are well-prepared to enter the job market after graduation.
Global Perspective: The BSc Industrial Economics program at the University of Nottingham is designed with a global perspective, allowing students to understand the broader economic forces shaping industries worldwide. The curriculum includes modules on international economics, global markets, and the economic challenges faced by firms in different regions. Additionally, students are encouraged to take part in exchange programs and study abroad opportunities, enabling them to gain firsthand experience of different economic systems and business environments. The University’s diverse student body and international faculty create a rich learning environment, offering students the opportunity to engage with different cultural and economic perspectives. This global approach prepares graduates to work in a variety of international settings and understand the complexities of the global economy.
Location
University Park
Score
IELTS 6.5
Tuition Fee
£ 21500
Undergraduate Entry Requirements: To be eligible for undergraduate programs at the University of Nottingham, international students are generally required to meet the following criteria:
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Academic Qualifications: Students should have completed their secondary education with a minimum of 74% or equivalent in their country's grading system. The specific entry requirements may vary depending on the chosen program of study. Some programs may have additional subject-specific requirements.
- English language proficiency is essential, and students are required to provide evidence of their English language skills through an approved language test.
- IELTS: A minimum overall score of 6.5 with no individual component below 6.
- TOEFL: A minimum overall score of 100, with at least 19 in Listening, 19 in Reading, 20 in Speaking, and 20 in Writing.
- PTE Academic: A minimum overall score of 76 with no individual score below 65.
- Some programs may have specific subject prerequisites or additional requirements.
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.
Scholarships for International Students at the University of Nottingham:
International Excellence Scholarship: The University of Nottingham offers the International Excellence Scholarship to high-achieving international students. This scholarship is merit-based and provides a tuition fee reduction of up to £6,000 for undergraduate students.
Developing Solutions Scholarships: The Developing Solutions Scholarships are targeted at students from developing countries. These scholarships cover full tuition fees and provide additional support for living expenses. The aim of these scholarships is to empower students from disadvantaged backgrounds and enable them to make a positive impact in their home countries.
Sports Scholarships: The university recognizes the importance of sports and offers Sports Scholarships to exceptional athletes. These scholarships provide financial support to talented sportsmen and sportswomen, helping them balance their sporting commitments with their academic studies.
Nottingham Global Scholarships: The Nottingham Global Scholarships are awarded to outstanding international students across various academic disciplines. These scholarships provide financial assistance in the form of a tuition fee reduction.
Country-Specific Scholarships: The university also offers scholarships specifically tailored to students from certain countries. These scholarships may be based on academic merit, leadership potential, or specific criteria defined by the sponsoring organizations or governments.
It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary from year to year.
Graduates of the BSc Industrial Economics program have a wide range of career opportunities in various sectors.
Economic Analyst: Graduates can pursue careers as economic analysts, working for research institutes, government agencies, or consulting firms. They analyze economic data, assess industry trends, and provide insights on market dynamics and policy implications.
Industrial Economist: Graduates can work as industrial economists, specializing in analyzing and advising on industrial dynamics, competition, and strategic decision-making. They may be employed by companies, industry associations, or consulting firms.
Market Research Analyst: Graduates can pursue careers as market research analysts, conducting research on industry trends, consumer behavior, and market demand. They provide valuable insights to businesses seeking to understand their target markets and make informed business decisions.
Policy Advisor: Graduates can work as policy advisors, providing guidance to government agencies, international organizations, or non-profit organizations. They contribute to policy development, impact assessment, and economic planning, focusing on industrial and sector-specific policies.
Business Development Manager: With their understanding of industrial economics and market dynamics, graduates can work as business development managers, identifying growth opportunities, formulating market strategies, and driving business expansion for companies operating in competitive industries.
Financial Analyst: Graduates can pursue careers as financial analysts, analyzing economic trends, assessing investment opportunities, and providing financial advice to businesses. They work in financial institutions, investment firms, or corporate finance departments.
