MSc Accounting and Financial Management
Lancaster University, located in the UK, offers an esteemed MSc Accounting and Financia...
BSc (Hons) Economics and Finance
Lancaster
INTAKE: October
Program Overview
Lancaster University's BSc (Hons) Economics and Finance program is designed to provide students with a comprehensive understanding of both economic principles and financial concepts. This interdisciplinary program combines the analytical rigor of economics with the practical application of finance, preparing graduates for careers in diverse sectors such as banking, investment, consulting, and corporate finance. The curriculum covers a wide range of topics including microeconomics, macroeconomics, financial markets, corporate finance, and investment analysis. Students develop quantitative skills, critical thinking abilities, and practical knowledge essential for navigating the complexities of the global economy and financial markets.
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Integrated Curriculum: The BSc (Hons) Economics and Finance program at Lancaster University offers an integrated curriculum that combines core courses in economics and finance. Students explore fundamental principles in microeconomics and macroeconomics while also gaining insights into financial theories, institutions, and practices. This interdisciplinary approach enables students to understand the interplay between economic factors and financial markets, providing a holistic perspective on economic decision-making and financial management.
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Quantitative Analysis Skills: A key focus of the program is to develop students' quantitative analysis skills essential for careers in economics and finance. Through coursework and practical exercises, students learn to analyze economic data, conduct financial modeling, and interpret statistical information. They gain proficiency in using software tools such as Excel, MATLAB, and statistical packages, enhancing their ability to make informed decisions and solve complex problems in economic and financial contexts.
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Practical Applications: The curriculum emphasizes practical applications of economic and financial concepts through case studies, simulations, and real-world projects. Students have the opportunity to apply theoretical knowledge to practical scenarios, such as analyzing financial statements, valuing assets, and developing investment strategies. This hands-on approach equips students with the skills and experience needed to excel in professional roles within the financial industry and beyond.
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Industry-Relevant Insights: Lancaster University's BSc (Hons) Economics and Finance program provides students with industry-relevant insights into the workings of financial markets, institutions, and regulations. Faculty members bring real-world experience and expertise to the classroom, offering insights into current trends, challenges, and opportunities in the financial sector. Guest lectures, industry partnerships, and networking events further expose students to the realities of the finance industry, helping them build connections and stay updated on industry developments.
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Career Development Support: The university offers comprehensive career development support to BSc (Hons) Economics and Finance students, helping them prepare for successful careers in economics, finance, and related fields. Career advisors provide guidance on resume writing, interview preparation, and job search strategies tailored to the finance industry. Students also benefit from networking opportunities, internship placements, and recruitment events organized by the university and its industry partners, enhancing their employability and facilitating smooth transitions into the workforce.
Location
Lancaster
Score
IELTS: 6.5
Tuition Fee
£ 22650
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.
Graduates of Lancaster University's BSc (Hons) Economics and Finance program possess a versatile skill set and a deep understanding of economic principles and financial concepts, making them highly sought after in a variety of industries. The program equips students with quantitative analysis skills, critical thinking abilities, and practical knowledge that are essential for success in careers related to economics, finance, banking, investment, consulting, and corporate finance.
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Financial Analyst: Many graduates pursue roles as financial analysts in investment banks, asset management firms, or corporate finance departments. They analyze financial data, evaluate investment opportunities, and provide recommendations on portfolio management and risk assessment. Financial analysts with expertise in economics and finance play a key role in supporting strategic decision-making and optimizing financial performance.
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Investment Banker: Graduates can enter the exciting field of investment banking, where they facilitate capital raising, mergers and acquisitions, and financial advisory services for corporate clients. Investment bankers leverage their understanding of economic factors and financial markets to structure complex deals and transactions, contributing to corporate growth and market expansion.
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Corporate Financial Analyst: Many corporations seek BSc (Hons) Economics and Finance graduates for roles in corporate finance departments. Corporate financial analysts are responsible for financial planning, budgeting, and analysis to support business operations and strategic initiatives. They play a critical role in assessing financial performance, identifying cost-saving opportunities, and optimizing capital allocation.
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Consultant in Financial Services: Graduates with a background in economics and finance are well-suited for consulting roles within the financial services industry. They provide strategic advice to banks, insurance companies, and investment firms on market trends, regulatory compliance, and business development strategies. Financial services consultants leverage their analytical skills and industry knowledge to drive innovation and competitiveness in the sector.
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Risk Manager: Risk management is a vital function in finance, and BSc (Hons) Economics and Finance graduates are well-equipped to excel in this role. Risk managers assess and mitigate financial risks such as credit risk, market risk, and operational risk within financial institutions and corporations. They use quantitative models and economic analysis to develop risk management strategies that safeguard organizational assets and reputation.
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Financial Planner/Advisor: Graduates interested in personal finance and wealth management can pursue careers as financial planners or advisors. They assist individuals and families in managing investments, planning for retirement, and achieving financial goals. Financial planners leverage their understanding of economic principles to provide tailored financial advice and strategies to clients.
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Economic Research Analyst: Some graduates may choose to pursue careers in economic research, working for think tanks, government agencies, or research institutions. Economic research analysts conduct studies, analyze data, and produce reports on economic trends, policy impacts, and market forecasts. They contribute to informed decision-making in public and private sectors, influencing economic policies and strategies.
