BSc Economics

Undergraduate Entry Requirements

1. Academic Qualifications: Prospective undergraduate students applying to the University of Warwick are typically expected to meet specific academic qualifications, which may vary depending on the chosen program of study. Applicants should have completed secondary education equivalent to A-levels or International Baccalaureate (IB) with strong academic performance. The typical academic requirement is to achieve an overall average of at least 85% in relevant subjects, such as mathematics, sciences, humanities, or languages. 

2. English Language Proficiency:

• IELTS (International English Language Testing System): Minimum overall score of 7, including a minimum of 6.5 in each component (Listening, Reading, Writing, and Speaking).

• TOEFL (Test of English as a Foreign Language): Minimum score of 100 on the internet-based test (iBT) or iBT Special Home Edition, with minimum sub-scores of 21 in Listening, 21 in Writing, 22 in Reading, and 23 in Speaking.

• PTE (Pearson Test of English): Minimum overall score of 75, with no sub-score less than 59.

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.

The University of Warwick offers a range of scholarships and financial aid opportunities to support international students pursuing their academic aspirations at one of the UK's leading universities. These scholarships are designed to recognize academic excellence, promote diversity, and alleviate financial barriers to higher education. 

Warwick Undergraduate Global Excellence Scholarship: This prestigious scholarship is awarded to exceptional international students applying for undergraduate programs at Warwick. The scholarship provides partial tuition fee waivers based on academic merit. Eligibility criteria and application details are available on the university's official website.

Chancellor's International Scholarship: The Chancellor's International Scholarship is offered to outstanding international PhD applicants across all disciplines. This scholarship covers the full payment of overseas tuition fees and provides a generous stipend to support living expenses. Recipients of this scholarship are selected based on academic excellence and research potential.

Warwick Marshall Scholarship: The Warwick Marshall Scholarship is open to students from select developing countries who wish to pursue a Master's degree at Warwick. This scholarship covers full tuition fees, accommodation, and living expenses for the duration of the Master's program. Applicants must demonstrate academic excellence, leadership potential, and a commitment to making a positive impact in their home countries.

Commonwealth Shared Scholarship: Warwick participates in the Commonwealth Shared Scholarship scheme, which enables students from eligible Commonwealth countries to pursue a Master's degree in selected subjects at the university. This scholarship covers tuition fees, airfare, living expenses, and other allowances. Applicants must meet specific eligibility criteria outlined by the Commonwealth Scholarship Commission.

Other Departmental Scholarships: Various academic departments and faculties at Warwick offer specific scholarships and funding opportunities for international students based on academic merit, research potential, and other criteria. These scholarships may vary by program and are typically advertised on departmental websites.

External Funding Sources: In addition to university-specific scholarships, international students are encouraged to explore external funding sources, including government scholarships, corporate sponsorships, and international organizations offering financial support for higher education. The university's international office provides guidance and resources to help students identify and apply for external funding opportunities.

It is important to note that scholarship availability, criteria, and application deadlines may change from year to year.

Graduates of the BSc Economics program from the University of Warwick are well-positioned for a wide range of rewarding career opportunities across various sectors. The program equips students with strong analytical skills, critical thinking abilities, and a deep understanding of economic principles, making them highly sought after by employers in finance, consulting, government, international organizations, and academia. 

1. Finance and Banking: Many graduates pursue careers in finance and banking, working as financial analysts, investment bankers, or risk managers. They apply economic principles to financial markets, investment strategies, and business decisions within banks, investment firms, or multinational corporations.

2. Consulting and Advisory Services: Graduates can work in consulting firms, providing economic analysis and strategic advice to businesses, governments, or non-profit organizations. They help clients navigate complex economic challenges, optimize operations, and develop growth strategies.

3. Government and Public Policy: Some graduates enter roles in government agencies or public policy institutions, working as policy analysts, economists, or researchers. They contribute to shaping economic policies, evaluating public programs, and conducting economic impact assessments.

4. International Organizations and Development Agencies: Proficiency in economics opens doors to careers in international organizations such as the World Bank, IMF, or United Nations, where graduates work on global economic development initiatives, poverty reduction programs, and sustainable development projects.

5. Business and Corporate Strategy: Graduates may pursue careers in business strategy, corporate finance, or market research within multinational corporations. They analyze market trends, assess competitive landscapes, and develop business plans based on economic insights.

6. Data Analysis and Research: The program equips graduates with strong quantitative skills and econometric techniques, making them suitable for roles in data analysis, research, or economic forecasting. They work in research institutions, think tanks, or market research firms, analyzing economic trends and generating insights.

7. Academia and Research Institutes: Some graduates choose to pursue further studies in economics or related fields, pursuing master's or doctoral degrees. They may also work as research assistants or lecturers in universities, contributing to academic research and teaching.

8. Risk Management and Compliance: Graduates can work in risk management or compliance roles within financial institutions, ensuring regulatory compliance and assessing economic risks associated with financial products and services.

9. Entrepreneurship and Startups: With their analytical skills and economic knowledge, graduates can launch their own ventures or work in startups, applying economic principles to business development, market analysis, and strategic decision-making.

10. Policy Advocacy and Non-Profit Work: Some graduates pursue careers in policy advocacy or non-profit organizations, advocating for economic justice, sustainability, or social welfare. They contribute to promoting public awareness and advancing social causes through economic analysis and policy recommendations.