MBM Master of Business Management
The MBM program at the University of Essex is designed to develop well-rounded business...
BSc Economics with Psychology
Colchester Campus
INTAKE: October
Program Overview
The BSc Economics with Psychology program at the University of Essex offers students a unique interdisciplinary curriculum that integrates economic principles with psychological insights. This program explores how psychological factors influence economic decision-making, market behavior, and policy outcomes. Students gain a strong foundation in economic theory, quantitative analysis, and research methods, alongside an understanding of cognitive biases, behavioral economics, and human behavior. The curriculum combines rigorous training in economics with a deep exploration of psychological theories, preparing graduates to apply their knowledge to real-world challenges in diverse professional settings.
1. Interdisciplinary Learning: The BSc Economics with Psychology program fosters interdisciplinary learning by combining principles from economics and psychology. Students explore how psychological theories can enhance economic models and decision-making processes.
2. Behavioral Economics: Students delve into behavioral economics, studying cognitive biases, heuristics, and decision-making processes that deviate from traditional economic models. They learn to apply psychological insights to understand market behavior and policy outcomes.
3. Research Skills and Data Analysis: The curriculum emphasizes research skills and data analysis techniques, equipping students to conduct empirical studies and analyze economic and psychological data. They develop quantitative skills essential for both disciplines.
4. Economic Policy and Behavioral Insights: Students examine the intersection of economic policy and behavioral insights, exploring how psychological factors can inform policy design and implementation. Graduates are prepared to contribute to evidence-based policy-making.
5. Consumer Behavior and Marketing: The program covers topics in consumer behavior and marketing psychology, examining how psychological principles influence purchasing decisions and market strategies. Graduates are equipped to work in market research or marketing roles.
6. Career Opportunities: Graduates of the BSc Economics with Psychology program have diverse career opportunities. They can pursue roles in economic research institutes, government agencies, financial institutions, consulting firms, or multinational corporations. Their interdisciplinary background enables them to excel in roles that require both economic expertise and an understanding of human behavior.
Location
Colchester Campus
Score
IELTS: 6
Tuition Fee
£ 18600
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 70 to 75% or equivalent in their respective country's grading system.
English language proficiency:
- IELTS: A minimum overall score of 6.0 with no individual component below 5.5.
- TOEFL: A minimum overall score of 75.
- PTE Academic: A minimum overall score of 51.
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 entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.
The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.
Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.
It is important to note that scholarship availability, eligibility criteria, and application processes may change over time.
Graduating with a Bachelor of Science (BSc) degree in Economics with Psychology from the University of Essex opens doors to a wide range of rewarding career paths that leverage the interdisciplinary skills and knowledge acquired during the program.
1. Behavioral Economist: Graduates can pursue roles as behavioral economists, applying psychological insights to economic decision-making. They analyze consumer behavior, study cognitive biases, and develop strategies to optimize economic outcomes.
2. Market Research Analyst: Graduates can work as market research analysts, studying consumer preferences and behavior. They use psychological insights to inform marketing strategies, product development, and market segmentation.
3. Economic Policy Analyst: Graduates can contribute to economic policy analysis for government agencies, research institutes, or international organizations. They assess the impact of economic policies and recommend evidence-based solutions.
4. Financial Analyst: Graduates with strong quantitative skills can pursue careers as financial analysts or investment advisors. They analyze economic trends, assess risks, and make investment decisions based on economic data and psychological factors.
5. Management Consultant: Graduates can work as management consultants, advising businesses on organizational strategy, change management, and performance improvement. They use psychological insights to optimize workplace effectiveness and decision-making processes.
6. Consumer Insights Specialist: Graduates can specialize in consumer insights and behavior analysis, helping businesses understand and predict consumer preferences. They develop strategies to enhance customer satisfaction and loyalty.
7. Human Resources Manager: Graduates with a focus on organizational behavior can pursue careers in human resources (HR) management. They oversee recruitment, training, and employee development, applying psychological principles to enhance workplace dynamics.
8. Marketing Manager: Graduates can become marketing managers, responsible for developing and implementing marketing campaigns. They leverage psychological insights to create compelling messaging and optimize customer engagement.
9. Policy Advisor in Health or Social Services: Graduates can work in policy advisory roles within health or social services sectors, applying economic and psychological perspectives to improve service delivery and public welfare.
10. Further Education and Research: Some graduates may pursue postgraduate studies in psychology, economics, or related fields, leading to careers in academia, research, or consultancy. They contribute to advancing knowledge in behavioral economics, consumer psychology, or economic policy.
