MA Digital Media and Creative Industries
The MA Digital Media and Creative Industries at Loughborough University aims t...
BSc (Hons) Mathematics with Economics
Loughborough
INTAKE: October
Program Overview
Loughborough University, located in the United Kingdom, is widely recognized for its academic excellence and innovative approach to higher education. The BSc (Hons) Mathematics with Economics program is designed to provide students with a strong foundation in both mathematics and economics, two fields that complement each other and are essential for solving real-world problems in finance, policy, and business. The program integrates advanced mathematical concepts with economic theory and analysis, equipping graduates with the skills needed to pursue careers in areas such as finance, government, consulting, and data analysis. The combination of rigorous mathematics training with the practical application of economics prepares students for a wide range of professional opportunities.
Curriculum: The curriculum for the BSc (Hons) Mathematics with Economics at Loughborough University is structured to deliver a solid understanding of core principles in both subjects. Students start by gaining a deep understanding of mathematical concepts such as calculus, linear algebra, and probability theory, which form the foundation for more advanced topics. In parallel, they explore key areas of economics, including microeconomics, macroeconomics, and econometrics. The program also incorporates modules on mathematical modeling, optimization, and game theory, which are directly applied to solving economic problems. Through a combination of theoretical study, practical exercises, and project-based learning, students are equipped with the necessary analytical tools to tackle complex economic issues from a mathematical perspective.
Research Focus: Loughborough University places a strong emphasis on research, particularly in areas that merge mathematics with economics. The research focus includes economic modeling, statistical analysis, financial mathematics, and econometrics, with particular attention to real-world applications. Students benefit from exposure to cutting-edge research throughout their studies, with opportunities to engage in projects that explore economic phenomena and mathematical theories. The university encourages interdisciplinary research, which often involves collaboration with industry partners, ensuring that students are well-prepared to contribute to solving contemporary challenges in economics and finance.
Industry Engagement: One of the defining features of the BSc (Hons) Mathematics with Economics program at Loughborough University is its strong industry engagement. The university has established robust partnerships with leading organizations in finance, government, and consultancy, providing students with opportunities for internships, placements, and career-focused projects. The program is designed to not only impart theoretical knowledge but also ensure that students gain practical, hands-on experience that enhances their employability. The industry placements and projects allow students to apply the skills they have learned in real-world settings, gaining valuable insights into the demands of the job market. Loughborough’s extensive network of industry connections significantly enhances the prospects of its graduates, who are highly sought after by employers due to their blend of academic expertise and practical experience.
Global Perspective: Loughborough University takes pride in fostering a global perspective within its programs, and the BSc (Hons) Mathematics with Economics is no exception. The program attracts students from around the world, contributing to a diverse academic environment that encourages cross-cultural exchange of ideas and perspectives. Students also have the option to participate in international exchange programs, gaining exposure to global economic issues and perspectives. The global approach prepares students for careers in multinational corporations, international finance, or global economic research, where an understanding of different economic systems and cultures is essential. Additionally, the university’s emphasis on international research collaborations provides students with the opportunity to engage in projects that address global challenges, such as economic development and sustainability.
Location
Loughborough
Score
IELTS 6.5
Tuition Fee
£ 23000
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 75% 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 6.0.
- TOEFL: A minimum overall score of 92.
- PTE Academic: A minimum overall score of 67.
- DET Academic: A minimum overall score of 120.
- Some programs may have specific subject prerequisites or additional requirements.
Loughborough University offers a range of scholarships for international students to support their education and make studying in the UK more affordable. These scholarships recognize academic excellence, financial need, and the potential for students to contribute to the university community.
International Excellence Awards: These are merit-based scholarships offered to international students applying for undergraduate and postgraduate programs. These awards typically cover part of the tuition fees and are designed to attract outstanding students from around the globe.
Global Scholarships: Loughborough offers various global scholarships based on geographical location, supporting students from specific regions or countries with reduced tuition fees.
Loughborough University Elite Sports Scholarships: These are available for students who are competing at an elite level in their sport. The scholarship includes financial support, as well as access to the university's world-class sports facilities, coaching, and training programs.
Country-Specific Scholarships: Loughborough University offers country-specific scholarships for students from particular countries. These scholarships are designed to support students who demonstrate high academic potential and a commitment to contributing to their home country upon graduation.
The BSc (Hons) Mathematics with Economics program at Loughborough University offers students a unique combination of advanced mathematical skills and economic theory. This multidisciplinary approach equips graduates with the expertise needed to thrive in a range of industries where analytical thinking, quantitative reasoning, and problem-solving are essential. By blending mathematics with economics, the program prepares students for diverse career paths in finance, business, government, consulting, and data analysis. Graduates from this program are highly sought after by employers due to their ability to tackle complex problems using both mathematical rigor and economic insights.
Financial Analyst/Investment Analyst: One of the most common career paths for graduates is financial analysis. Loughborough's BSc Mathematics with Economics program provides students with the mathematical and economic tools required to assess financial markets, investment opportunities, and economic conditions. Graduates can pursue roles in investment firms, banks, insurance companies, and financial institutions, where they analyze trends, forecast economic developments, and make strategic recommendations for investment decisions. This career path often leads to roles such as equity analyst, credit analyst, or risk analyst.
Economist: Graduates from the BSc (Hons) Mathematics with Economics program are also well-equipped to pursue careers as economists in various sectors, including government, think tanks, and international organizations. Economists use their knowledge of economic theory, statistical methods, and mathematical modeling to analyze economic data, identify trends, and provide insights on policy issues, such as inflation, employment, and economic growth. Many Loughborough graduates pursue roles in economic consultancy, research, or public policy, advising governments and private organizations on economic strategies.
Data Analyst/Statistician: With the rise of big data, there is a growing demand for professionals who can analyze and interpret large datasets. Graduates from the Mathematics with Economics program are well-prepared for data analyst roles, where they can apply their skills in statistics, mathematical modeling, and econometrics to analyze data and help organizations make informed decisions. This role is relevant across various industries, including healthcare, retail, technology, and marketing, where data-driven insights are essential to improving business strategies.
Risk Manager/Actuary: Mathematics graduates from Loughborough University who specialize in economic modeling are well-suited for roles in risk management and actuarial science. Actuaries use advanced mathematical and statistical techniques to assess financial risks, particularly in the insurance and pension industries. Risk managers, on the other hand, work in a variety of sectors, including finance, insurance, and energy, where they evaluate potential risks and implement strategies to minimize or mitigate those risks. These roles often require a strong understanding of both mathematics and economics, making Loughborough graduates highly competitive.
Management Consultant: The ability to solve complex problems and make data-driven decisions is highly valued in consulting. Graduates of the BSc (Hons) Mathematics with Economics program are well-suited for roles in management consulting, where they help businesses optimize operations, manage financial risks, and develop strategies for growth. Consultants often use their quantitative skills to analyze market trends, improve business processes, and guide organizations through economic challenges. The program’s focus on both economic theory and mathematical analysis ensures that graduates can approach business problems from a multidisciplinary perspective.
Economic Policy Advisor: Graduates from this program can also pursue careers in economic policy analysis and advisory roles. Policy advisors work with governments, international organizations, and research institutions to develop, evaluate, and implement policies aimed at addressing economic issues such as inequality, growth, and taxation. Loughborough’s focus on economic theory and mathematical modeling prepares graduates to analyze the potential impact of policies using quantitative methods, making them ideal candidates for these roles.
Marketing Analyst: With strong statistical and analytical skills, graduates can pursue roles as marketing analysts, where they use data to evaluate consumer behavior, market trends, and the effectiveness of advertising campaigns. By applying mathematical models and economic theory to real-world business problems, marketing analysts help companies make informed decisions about product pricing, market expansion, and consumer targeting. This career path is particularly suited for graduates interested in both economics and the business side of the industry.
Graduate Study and Academia: For those interested in further academic development, the BSc Mathematics with Economics program provides a solid foundation for postgraduate studies. Many graduates choose to continue their education by pursuing a Master’s or PhD in economics, finance, or business administration. This path can lead to academic positions or research roles in higher education institutions, think tanks, or policy organizations. The program’s emphasis on research and critical thinking prepares students for advanced study and academic research, enabling them to contribute to the development of economic theory and practice.
