BA (Hons) Economics and Mathematics

Keele University campus

 

INTAKE: September

Program Overview

 

The BA (Hons) Economics and Mathematics program at Keele University offers students a rigorous and interdisciplinary education that combines key principles from economics and mathematics. This unique degree equips students with analytical, problem-solving, and quantitative skills essential for understanding complex economic phenomena and developing mathematical models to analyze economic data and trends. Students gain proficiency in economic theory, statistical methods, and mathematical techniques, preparing them for careers in finance, economics, data analysis, and research. The program emphasizes practical applications of economics and mathematics, allowing students to explore real-world economic challenges and develop solutions using mathematical tools.

1. Interdisciplinary Curriculum: The BA (Hons) Economics and Mathematics program features an interdisciplinary curriculum that integrates fundamental concepts from both economics and mathematics. Students study microeconomics, macroeconomics, econometrics, calculus, linear algebra, and statistical methods, gaining a strong foundation in both disciplines. This interdisciplinary approach enables students to analyze economic problems using advanced mathematical techniques and models.

2. Economic Theory and Analysis: A key highlight of this program is its emphasis on economic theory and analysis. Students learn to apply economic principles to analyze market behavior, pricing strategies, resource allocation, and policy impacts. They develop critical thinking skills to evaluate economic phenomena and understand the implications of economic decisions on individuals, businesses, and societies.

3. Mathematical Modeling in Economics: Students develop expertise in mathematical modeling techniques applied to economics. They learn how to construct mathematical models to represent economic relationships, forecast economic variables, and simulate economic scenarios. Mathematical modeling skills enable students to analyze complex economic data, make informed predictions, and contribute to evidence-based decision-making in various sectors.

4. Statistical Methods and Data Analysis: The BA (Hons) Economics and Mathematics program emphasizes statistical methods and data analysis techniques used in economics and finance. Students acquire proficiency in statistical software and econometric tools to analyze economic data sets, test hypotheses, and interpret results. Statistical skills enable students to conduct empirical research and contribute to data-driven policy discussions.

5. Career Preparation in Finance and Economics: The program prepares students for careers in finance, economics, and related fields by emphasizing practical applications of economics and mathematics. Students gain insights into financial markets, investment analysis, risk management, and economic forecasting, enhancing their employability in banking, investment firms, government agencies, and consulting firms. The combination of economics and mathematics equips students with versatile skills valued in quantitative roles across various industries.

Pollster Education

Location

Keele University campus

Pollster Education

Score

IELTS: 6

Pollster Education

Tuition Fee

£ 17900

Undergraduate Entry Requirements

Academic Qualifications: Applicants should have successfully completed their secondary education or equivalent with a minimum overall average of 60% or above.  

English Language Proficiency: 

  • IELTS: Overall score of 6.0, with no sub-score below 5.5.
  • TOEFL: Overall score of 79, with a minimum score of 19 in each section.
  • PTE Academic: Overall score of 57, with no sub-score below 50.

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.

Keele University offers a range of scholarships and financial support options to attract and assist international students in pursuing their studies. These scholarships are designed to recognize academic excellence, promote diversity, and provide financial assistance to deserving students.

International Excellence Scholarship: The International Excellence Scholarship is awarded to high-achieving international undergraduate students. The scholarship provides a tuition fee discount of up to £2,500 per year for the duration of the undergraduate program. Eligibility is based on academic merit and applicants are automatically considered when they submit their application for admission.

Keele International Student Scholarship: The Keele International Student Scholarship is available to international students enrolling in a postgraduate taught master's degree program. The scholarship provides a tuition fee discount of up to £3,000. Eligibility is based on academic achievement, and applicants are automatically considered when they apply for their chosen postgraduate program.

Commonwealth Shared Scholarship Scheme: Keele University participates in the Commonwealth Shared Scholarship Scheme, which is funded by the UK government. The scheme provides full tuition fees, airfare, and living expenses for students from developing Commonwealth countries. The scholarship is available for selected master's degree programs in specific fields of study.

Global Excellence Scholarship: The Global Excellence Scholarship is awarded to international students who have demonstrated outstanding academic achievement and contribute to the global community. The scholarship provides a tuition fee discount of up to £5,000 for the first year of study. Eligibility is based on academic merit, and applicants are automatically considered when they apply for an eligible undergraduate or postgraduate program.

Country-Specific Scholarships: Keele University also offers scholarships specifically tailored to students from certain countries or regions. These scholarships may vary in terms of eligibility criteria and funding amounts. Examples include the Keele Nigeria Scholarship and the Keele ASEAN Scholarships, which provide financial support to students from Nigeria and Southeast Asia, respectively.

It's important to note that scholarship availability and eligibility criteria may vary each year.

Graduates of the BA (Hons) Economics and Mathematics program at Keele University are well-positioned for diverse and lucrative career opportunities in finance, economics, data analysis, research, and related fields. This interdisciplinary program equips graduates with a strong blend of analytical, quantitative, and problem-solving skills that are highly valued in various industries.

1. Financial Analyst: Graduates can pursue roles as financial analysts in investment banks, asset management firms, or financial consultancies. They use their skills in economics and mathematics to analyze financial data, assess investment opportunities, and make strategic recommendations for portfolio management and risk assessment.

2. Economic Researcher: With expertise in economics and mathematics, graduates can work as economic researchers for think tanks, government agencies, or research institutions. They conduct economic analysis, forecast economic trends, and evaluate policy impacts using mathematical models and statistical tools. Economic researchers contribute to evidence-based policy-making and business decision-making.

3. Data Scientist: Graduates can transition into roles as data scientists or analysts in technology companies, healthcare organizations, or financial services firms. They apply mathematical techniques and statistical methods to analyze large datasets, extract insights, and develop predictive models. Data scientists play a critical role in informing strategic decisions and optimizing business operations.

4. Actuary: The combination of economics and mathematics prepares graduates for careers as actuaries in insurance companies, pensions, or risk management firms. Actuaries use mathematical models to assess financial risks, calculate insurance premiums, and design strategies to manage risks effectively. Actuarial roles require strong analytical skills and proficiency in statistical methods.

5. Quantitative Analyst (Quant): Graduates can pursue roles as quantitative analysts (quants) in investment banks, hedge funds, or financial technology firms. They develop mathematical models and algorithms to analyze financial markets, optimize trading strategies, and manage investment portfolios. Quantitative analysts use advanced mathematical techniques to forecast market trends and support investment decisions.

6. Management Consultant: With a background in economics and mathematics, graduates can work as management consultants for consulting firms or multinational corporations. They apply quantitative analysis and economic principles to solve business problems, improve operational efficiency, and drive strategic decision-making across various industries.


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