BA (Hons) Economics

The BA (Hons) Economics program at Lancaster University offers students a comprehensive understanding of economic theory, analysis, and policy, preparing them for diverse career paths in finance, government, consultancy, and academia. Through a combination of theoretical study, empirical analysis, and real-world applications, students develop analytical and critical thinking skills essential for addressing complex economic challenges. The curriculum covers a wide range of topics, including microeconomics, macroeconomics, econometrics, economic history, and international economics, providing students with a solid foundation in economic principles and methodologies. With access to state-of-the-art facilities and expert faculty members, students engage in research-led teaching, independent study, and collaborative projects, fostering intellectual curiosity and academic excellence. The program also emphasizes the development of transferable skills such as data analysis, problem-solving, communication, and teamwork, enhancing students' employability and versatility in a competitive job market. Through seminars, workshops, and guest lectures, students gain insights from industry experts and practitioners, enriching their learning experience and networking opportunities.  

1. Comprehensive Curriculum: The BA (Hons) Economics program offers a comprehensive curriculum covering a wide range of economic theories, concepts, and methodologies. Students study microeconomics, macroeconomics, econometrics, economic history, and international economics, gaining a solid foundation in economic principles and analysis.

2. Research-Led Teaching: The program emphasizes research-led teaching, providing students with opportunities to engage in cutting-edge research projects, independent study, and collaborative research initiatives. Faculty members are experts in their fields, actively involved in research and publication, enriching students' learning experience with the latest developments in economic theory and practice.

3. Practical Applications: Students learn how to apply economic theories and concepts to real-world issues and challenges. Case studies, simulations, and practical exercises help students develop analytical skills and problem-solving abilities relevant to various industries, including finance, public policy, and business.

4. Transferable Skills Development: In addition to economic knowledge, the program focuses on developing transferable skills such as data analysis, critical thinking, communication, and teamwork. These skills are highly valued by employers across different sectors and enhance students' employability and career prospects.

5. Industry Engagement and Networking: Students have opportunities to engage with industry professionals, attend seminars, workshops, and guest lectures, and participate in internships and placements. This industry engagement not only enhances students' understanding of real-world economic issues but also provides valuable networking opportunities and insights into career paths and opportunities.

Undergraduate Entry Requirements

Academic Qualifications: Applicants are required to have achieved a minimum 75% or above in their high school or equivalent qualification.  

English Language Proficiency: 

• IELTS: The minimum IELTS score required is 6.5 or higher, with no individual component score below 6.
• TOEFL: The minimum TOEFL score is 87 or higher, with minimum 17 in  each individual section.
• PTE: The minimum PTE score required is around 58 or higher, with no component score below 42.

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.

Lancaster University, located in the United Kingdom, recognizes the importance of providing financial assistance to international students. The university offers a range of scholarships and funding opportunities to support talented and deserving international students.

Global Scholarships: Lancaster University offers a generous Global Scholarship program specifically for international students. These scholarships are awarded based on academic merit and can significantly contribute towards tuition fees. The Global Scholarships are available for both undergraduate and postgraduate students.

Regional Scholarships: Lancaster University also offers scholarships targeted at specific regions around the world. These scholarships aim to attract and support high-achieving students from specific countries or regions. The eligibility criteria and application process may vary for each regional scholarship.

Subject-specific Scholarships: In addition to general scholarships, Lancaster University provides subject-specific scholarships for international students. These scholarships are awarded to students who demonstrate exceptional academic performance and have a strong interest in a particular field of study.

Research Scholarships: For international students interested in pursuing research degrees, Lancaster University offers research scholarships. These scholarships provide financial support for students undertaking research projects or doctoral studies.

External Scholarships: Lancaster University encourages international students to explore external scholarship opportunities as well. The university provides guidance and support in identifying and applying for external scholarships offered by government bodies, organizations, and funding agencies.

The BA (Hons) Economics program at Lancaster University equips graduates with a versatile skill set and a deep understanding of economic principles, making them highly sought after in various sectors. With strong analytical abilities, critical thinking skills, and proficiency in data analysis, graduates are well-prepared for a wide range of career opportunities in finance, government, consulting, research, and academia.

1. Finance Sector: Graduates often pursue careers in banking, investment, and financial services. They may work as financial analysts, investment bankers, risk managers, or economic consultants, leveraging their understanding of economic trends and market dynamics to make informed financial decisions.

2. Government and Public Policy: Many graduates choose to work in government agencies, think tanks, or international organizations, where they contribute to policy analysis, economic research, and public administration. They may advise policymakers on issues such as fiscal policy, taxation, welfare, and economic development.

3. Consulting and Advisory Services: Economic consulting firms and advisory services seek graduates with strong analytical and problem-solving skills to provide strategic advice to businesses, organizations, and governments. Graduates may work as economic consultants, policy analysts, or market researchers, helping clients navigate complex economic challenges and opportunities.

4. Research and Academia: Some graduates pursue further studies or research positions in academia, conducting economic research and contributing to the advancement of economic knowledge. They may pursue postgraduate studies in economics or related fields and pursue careers as economists, researchers, or university lecturers.

5. International Organizations and NGOs: Graduates may find opportunities in international organizations such as the United Nations, World Bank, or International Monetary Fund, as well as non-governmental organizations (NGOs) focused on development, humanitarian aid, and social justice. They may work on projects related to poverty alleviation, sustainable development, or global economic governance.

6. Data Analysis and Business Intelligence: With their strong quantitative skills and proficiency in data analysis, economics graduates are well-suited for roles in data analytics, business intelligence, and market research. They may work in industries such as technology, e-commerce, or healthcare, analyzing data to identify trends, forecast demand, and inform business strategies.

7. Entrepreneurship and Startups: Some graduates choose to start their own businesses or pursue entrepreneurial ventures, leveraging their economic knowledge to identify market opportunities, analyze risks, and develop innovative solutions. They may launch startups in sectors such as fintech, social entrepreneurship, or sustainable development.