BSc Econ Business Economics with a Professional Placement Year

Cardiff

 

INTAKE: September

Program Overview

The BSc (Econ) Business Economics with a Professional Placement Year at Cardiff University offers students a robust foundation in economic theory and business practices while incorporating a year-long professional placement to gain hands-on experience in the field. This unique program, hosted by the Cardiff Business School, is designed to combine academic rigor with practical industry exposure, preparing graduates to excel in economic and business-related careers.

Curriculum: The curriculum includes core courses in microeconomics, macroeconomics, and econometrics, as well as business-focused subjects such as finance, management, and business strategy. The program’s structure allows students to develop essential quantitative and analytical skills while also offering advanced elective options in areas like international economics, public policy, and industrial organization. This curriculum flexibility enables students to tailor their studies to their career interests and specialization preferences.

Research Focus: Cardiff University is internationally recognized for its research excellence, and students in the Business Economics program benefit from exposure to cutting-edge research. The Cardiff Business School’s research centers are engaged in topics such as economic policy, sustainable business practices, and global financial markets. Through seminars, workshops, and a final-year dissertation, students are encouraged to explore and contribute to ongoing research, developing critical thinking and research skills valuable in both academic and professional settings.

Industry Engagement: A distinctive feature of this program is the professional placement year, which provides students with valuable industry experience. Cardiff University has strong connections with a variety of industries, allowing students to undertake placements in roles such as economic consulting, financial analysis, and policy advising. This practical exposure enables students to apply classroom learning to real-world scenarios, enhancing their employability and professional network before graduation.

Global Perspective: The Business Economics program at Cardiff University emphasizes a global outlook, incorporating international case studies, global economic trends, and discussions on issues like globalization and sustainability. Cardiff’s diverse student body and partnerships with universities worldwide provide an enriching, multicultural environment that broadens students' perspectives and prepares them for careers in a globalized economy.

Pollster Education

Location

Cardiff

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 22700

Undergraduate Entry Requirements

Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 80% or equivalent in their respective country's grading system.

English language proficiency:

  • IELTS: A minimum overall score of 6.0 or 6.5 with no individual component below 5.5.
  • TOEFL: A minimum overall score of 90.
  • PTE Academic: A minimum overall score of 69.
  • Some programs may have specific subject prerequisites or additional requirements.

Cardiff University offers a range of scholarships to support international students pursuing undergraduate studies. These scholarships are designed to attract high-achieving students from around the world, easing the financial burden and recognizing academic excellence. 

Vice-Chancellor’s International Scholarship: Cardiff University’s Vice-Chancellor’s International Scholarship is a merit-based award that provides partial funding for exceptional international undergraduate and postgraduate students. This scholarship rewards high academic achievement and study, making it ideal for students with strong academic backgrounds.

Chevening Scholarship: Offered in collaboration with the UK government, the prestigious Chevening Scholarship is available to international students who demonstrate leadership potential and academic excellence. The award covers tuition fees, living expenses, travel costs, and other allowances, supporting future leaders and influencers in various fields.

British Council GREAT Scholarships: Cardiff University partners with the British Council to offer the GREAT Scholarships for students from specific countries, including China, India, Malaysia, and Thailand. These scholarships provide financial assistance for tuition fees and are intended to encourage bright students to pursue postgraduate studies in the UK.

Subject-Specific Scholarships: Certain academic departments at Cardiff University offer additional scholarships tailored to specific fields of study, such as engineering, business, and life sciences. These scholarships provide partial funding and are aimed at attracting talented students to specific programs.

International Foundation Programme Scholarships: For international students who need to complete a foundation year before beginning an undergraduate degree, Cardiff University offers scholarships to cover part of the foundation year tuition fees. This scholarship supports students in their transition to full-time degree programs at the university.

Financial Aid and External Scholarships: In addition to Cardiff University scholarships, students can explore external funding options such as loans, grants, and scholarships provided by their home countries or private organizations. The university’s financial aid office offers guidance to help students find external financial support.

Graduates of Cardiff University’s BSc (Econ) Business Economics with a Professional Placement Year are well-equipped for diverse career opportunities in the fields of business, finance, government, and economic consulting. The combination of academic learning and hands-on professional experience enhances graduates' skill sets, making them highly attractive to employers.

Economic Consultant: Graduates can work with consulting firms, using their expertise in economic analysis and policy evaluation to advise businesses or government bodies on economic strategy, forecasting, and market behavior.

Financial Analyst: With strong analytical and quantitative skills, graduates are well-prepared for roles in financial services, investment banking, or corporate finance. Financial analysts assess financial data, market trends, and investment opportunities, aiding strategic business decisions.

Policy Advisor: Many graduates pursue careers in government, NGOs, or international organizations, where they analyze and develop policies on economic issues such as trade, public finance, and sustainable development, leveraging their knowledge from academic and placement experiences.

Business Analyst: In this role, graduates use data analysis and economic principles to help companies optimize operations, identify market opportunities, and make informed decisions on business strategies.

Market Research Analyst: Graduates can apply their data analysis skills to interpret market trends, consumer behavior, and competitive dynamics, providing valuable insights to companies across industries.

Data Analyst: The program's focus on quantitative skills enables graduates to excel in data analysis roles, where they work with complex datasets to inform business decisions and optimize processes in sectors like finance, healthcare, and technology.

International Trade Specialist: With an understanding of global economics and trade, graduates are well-suited to roles in international business or trade, working on market entry strategies, trade regulations, and economic relations.

Further Studies: Graduates interested in specializing further may pursue a master’s or Ph.D. in economics, finance, or a related field. Advanced studies allow them to deepen their expertise in areas like economic policy, international finance, or data science.


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