BSc Mathematics and Economics with a Placement Year

Reading

 

INTAKE: September

Program Overview

This flexible course prepares students for a multitude of careers in growing industries, allowing them to study to their strengths and discover new interests. Students develop skills in mathematics and economics, as well as learn how to code.

Curriculum: The curriculum offers a balanced integration of mathematics and economics. In the initial years, students engage with core modules covering calculus, linear algebra, microeconomics, and macroeconomics. As they progress, they have the flexibility to select from a range of optional modules, allowing them to tailor their studies to specific interests within mathematics and economics. Additionally, students have the opportunity to learn coding, enhancing their computational skills and preparing them for modern analytical roles.

Research Focus: The University of Reading's Department of Mathematics and Statistics is renowned for its research excellence. Notably, 98% of the research in mathematics is world-leading or internationally excellent, with 100% of its research impact classified as outstanding or very considerable, according to the Research Excellence Framework (REF) 2021. This high-caliber research environment ensures that students are exposed to cutting-edge developments in both mathematics and economics, enriching their academic experience.

Industry Engagement: A distinctive feature of this program is the integrated placement year, typically undertaken in the third year. This 9 to 12-month professional placement provides students with invaluable real-world experience, allowing them to apply theoretical knowledge in practical settings. Such exposure not only enhances employability but also offers a competitive edge in the job market, as students gain insights into industry operations and professional networks.

Global Perspective: The University of Reading emphasizes a global outlook, encouraging students to engage with international perspectives. While the placement year primarily focuses on industry experience, students also have opportunities to participate in study abroad programs, fostering cultural awareness and adaptability. This global perspective is integral to understanding diverse economic systems and mathematical applications worldwide.

Pollster Education

Location

Reading

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 29950

Undergraduate Entry Requirements

Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 70% 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 88.
  • PTE Academic: A minimum overall score of 69.
  • DET Academic: A minimum overall score of 125.
  • Some programs may have specific subject prerequisites or additional requirements.

The University of Reading offers a variety of scholarships for international students to support academic excellence and financial needs.

Vice-Chancellor Global Scholarship Award: Merit-based scholarship for high-achieving international students. Covers partial tuition fees for undergraduate and postgraduate programs.

Subject-Specific Scholarships: Offered by individual departments based on academic excellence and course selection. Examples include scholarships in Business, Law, Agriculture, and Science.

Chevening Scholarships: A UK government-funded scholarship for outstanding students from eligible countries. Covers tuition fees, living expenses, and travel costs.

Country-Specific Scholarships: Scholarships tailored for students from specific countries, including India, China, and the USA. Criteria vary based on nationality and academic performance.

The BSc Mathematics and Economics with a Placement Year program at the University of Reading is designed to offer students the unique opportunity to apply theoretical knowledge to real-world situations through a year-long industry placement. This program provides a comprehensive understanding of mathematical principles and economic theory while enhancing employability through practical experience. The combination of these disciplines equips graduates with the analytical and problem-solving skills highly sought after by employers across various sectors.

Finance and Banking: The financial sector is one of the most popular career paths for graduates of the BSc Mathematics and Economics with a Placement Year program. With a strong foundation in both mathematics and economics, graduates are well-positioned for roles such as financial analyst, investment banker, and risk manager. These positions require individuals who can model financial risks, analyze market trends, and optimize investment strategies. The real-world experience gained during the placement year further strengthens graduates' abilities to handle the dynamic nature of the financial industry.

Data Science and Analytics: As data-driven decision-making becomes increasingly central to business success, there is a growing demand for professionals skilled in data analysis and computational methods. Graduates of this program can pursue careers as data analysts, business intelligence analysts, and data scientists. Their expertise in mathematics and economics, combined with the coding and analytical skills gained during the course, makes them well-equipped to interpret complex data sets, develop predictive models, and extract actionable insights for organizations across industries.

Consulting: Consulting firms highly value graduates with a solid grounding in both mathematical modeling and economic theory. Graduates of this program are well-suited for roles as economic consultants, management consultants, or strategy consultants. In these positions, individuals help organizations solve complex problems, optimize their strategies, and navigate economic challenges. The industry placement year is especially beneficial in this field, as it allows students to gain direct exposure to consulting practices and expand their professional network.

Government and Public Policy: A BSc in Mathematics and Economics opens up opportunities in the public sector, particularly in roles that involve policy analysis, economic forecasting, and public sector consulting. Graduates can pursue careers with government agencies, think tanks, or international organizations, where they can use their skills to shape policies and strategies related to economic development, public finance, and global economic issues. The placement year also provides valuable insights into the operations of public institutions and policy-making bodies.

Academia and Research: For those interested in furthering their studies, the BSc Mathematics and Economics with a Placement Year provides an excellent foundation for postgraduate research and academic careers. Graduates can pursue master's or PhD programs in economics, econometrics, or financial mathematics. These advanced degrees can lead to careers as university lecturers, researchers, or policy advisors, where individuals contribute to the development of new economic theories and conduct research that impacts both academia and industry.

Technology and Software Development: With the increasing use of technology and software in mathematical modeling and economic analysis, graduates with a background in mathematics, economics, and coding are in demand in the tech industry. Roles such as software developer, systems analyst, and algorithm designer are common for graduates of this program. Many graduates also pursue careers in financial technology (fintech) firms, using their knowledge to develop software that supports financial services and economic modeling.

Marketing and Market Research: Graduates can also pursue careers in marketing and market research, where they use their analytical skills to understand consumer behavior and market trends. Positions such as market research analyst, pricing analyst, or brand strategist are common career paths. The ability to analyze large datasets and develop models to predict consumer behavior is a key asset in these fields. The placement year provides further opportunities to apply these skills in real-world marketing or research projects.

International Development and NGOs: Graduates of this program can pursue roles within international development organizations and NGOs, where they can apply their skills to projects that address social, economic, and environmental issues. Career roles include development economist, project manager, or policy evaluator. The ability to analyze economic data, model development impacts, and contribute to policy decisions is highly valued in these sectors.

Legal and Regulatory Careers: For graduates interested in law, the combination of mathematics and economics is especially useful in roles that require quantitative analysis and an understanding of regulatory frameworks. Graduates can pursue careers in financial law, antitrust law, or regulatory bodies, helping businesses and governments navigate the complex intersection of law and economics. Some graduates also choose to further their studies in law, with an emphasis on economic or financial regulations.


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