MA Digital Media and Creative Industries
The MA Digital Media and Creative Industries at Loughborough University aims t...
BSc (Hons) Mathematics with Economics with Placement Year
Loughborough
INTAKE: October
Program Overview
Loughborough University, one of the UK’s leading institutions, offers the BSc (Hons) Mathematics with Economics with Placement Year, an interdisciplinary program designed to provide students with a robust foundation in both mathematical techniques and economic theory. The program blends rigorous academic training with practical industry experience, preparing students for a wide range of careers in sectors such as finance, data analysis, consulting, and economics. The inclusion of a placement year allows students to apply their knowledge in real-world settings, enhancing their employability and providing invaluable hands-on experience in their chosen field. Graduates of this program are well-equipped to tackle complex analytical problems, interpret economic data, and offer solutions to business and economic challenges.
Curriculum: The curriculum for the BSc (Hons) Mathematics with Economics with Placement Year is carefully structured to ensure that students acquire essential skills in both mathematics and economics. The program covers a broad range of mathematical topics, including calculus, algebra, probability, and mathematical modeling, while also introducing key concepts in economics such as microeconomics, macroeconomics, and econometrics. The placement year provides an opportunity for students to gain practical, industry-specific knowledge, bridging the gap between academic study and professional practice. Students can choose from a variety of modules, allowing them to tailor their studies to their interests and career aspirations, whether they want to focus on financial economics, econometrics, or data analysis.
Research Focus: Loughborough University is renowned for its research excellence, particularly in the areas of applied mathematics, economics, and data science. The university’s research focus spans topics such as economic modeling, financial mathematics, econometrics, and the application of mathematical techniques to solve real-world problems. The BSc (Hons) Mathematics with Economics with Placement Year program allows students to engage with the latest research findings and methodologies, ensuring they are exposed to cutting-edge theories and practices throughout their studies. Moreover, students have the opportunity to collaborate with academic staff on research projects, contributing to the advancement of knowledge in mathematics and economics.
Industry Engagement: A significant advantage of the BSc (Hons) Mathematics with Economics with Placement Year is the program's emphasis on industry engagement. Students are required to complete a year-long placement with an organization, enabling them to apply their mathematical and economic skills in a practical, professional environment. These placements are often with leading companies in sectors such as finance, consulting, data analysis, and government. By working directly with industry professionals, students gain a deeper understanding of the challenges faced by businesses and learn how to solve problems using mathematical modeling, economic theory, and data analysis. The experience gained during the placement year enhances employability and often leads to graduate-level job offers.
Global Perspective: Loughborough University offers a truly global perspective within the BSc (Hons) Mathematics with Economics with Placement Year program. The university attracts students from all over the world, creating a diverse academic community that fosters cross-cultural learning and collaboration. Additionally, students have the opportunity to participate in international exchange programs, allowing them to gain a broader understanding of global economic issues and perspectives. This global outlook ensures that graduates are prepared to work in international markets and engage with economic and financial systems on a global scale. Furthermore, Loughborough’s strong links with international research institutions and industry partners provide students with opportunities to work on global projects and gain exposure to international economic trends.
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.
Loughborough University’s BSc (Hons) Mathematics with Economics with Placement Year offers students a unique combination of mathematical theory, economic principles, and real-world industry experience. This program provides graduates with the analytical and problem-solving skills necessary to pursue a wide range of careers in industries such as finance, economics, data science, business consulting, and government. By integrating academic study with practical experience through a year-long placement, this program ensures that graduates are equipped with the skills that employers demand, making them highly competitive in the job market.
Financial Analyst/Investment Analyst: Graduates from the Mathematics with Economics program are well-prepared for careers in financial analysis, where they assess investment opportunities, analyze market trends, and provide recommendations for investment strategies. The combination of economic theory and quantitative mathematical skills is particularly valuable in the finance industry, where data-driven decision-making is essential. Graduates can work in banks, investment firms, and financial institutions, exploring roles such as equity analysts, credit analysts, or portfolio managers. The placement year offers valuable hands-on experience, providing students with insights into the financial sector that enhance their employability.
Data Analyst/Quantitative Analyst: The growing demand for data-driven insights across industries has opened up numerous career opportunities for graduates with strong skills in mathematics and economics. Loughborough’s program provides students with the analytical skills required to process large datasets and extract actionable insights. Graduates can pursue roles as data analysts, statisticians, or quantitative analysts, where they analyze data to inform business decisions, create predictive models, and identify trends. These roles are essential in sectors such as marketing, healthcare, retail, and technology.
Economist/Policy Analyst: With a strong grounding in both economics and mathematical analysis, many graduates pursue careers as economists, working in sectors such as government, think tanks, international organizations, or research institutes. Economists use their skills to analyze economic conditions, evaluate policies, and provide recommendations to shape economic strategies. Graduates can also work as policy analysts, advising governments and organizations on economic policies related to issues such as inflation, unemployment, taxation, and trade. The program’s focus on applied economics and mathematical modeling ensures that graduates are well-equipped to address complex economic challenges.
Management Consultant: Mathematics with Economics graduates are well-suited for consulting roles, particularly in management or business strategy consulting. As a management consultant, professionals analyze business problems, develop strategies, and provide actionable solutions to improve business performance. The program’s emphasis on both quantitative analysis and economic theory gives graduates the tools they need to assess business situations, optimize processes, and help organizations navigate economic challenges. The placement year provides an excellent opportunity for students to gain real-world consulting experience, which is highly valued by employers.
Actuary: Actuaries use mathematical, statistical, and financial knowledge to assess risk and uncertainty in industries such as insurance, pension funds, and healthcare. Graduates of the BSc (Hons) Mathematics with Economics with Placement Year program, with their strong background in mathematics and economics, are well-positioned to pursue actuarial careers. Actuaries analyze data to determine the likelihood of future events and help organizations make informed decisions about risk management. This role requires expertise in probability theory, statistics, and financial modeling, all of which are integral components of the Loughborough program.
Economic Consultant: Economic consultants use quantitative methods to analyze and provide expert advice on a wide range of economic issues, from corporate strategies to government policies. Graduates of the program can work for consulting firms, law firms, or government agencies, where they apply their mathematical and economic knowledge to solve real-world economic problems. By utilizing econometrics, data analysis, and mathematical modeling, economic consultants help organizations make decisions based on solid economic insights. The placement year is invaluable in building connections with consulting firms, giving students an edge in securing positions after graduation.
Operations Research Analyst: Operations research analysts use mathematical models and analytical techniques to help organizations solve problems related to logistics, supply chain management, and resource allocation. The BSc (Hons) Mathematics with Economics with Placement Year program equips graduates with the skills to optimize business processes, improve operational efficiency, and reduce costs. Graduates can work in industries such as manufacturing, logistics, and retail, where operations research plays a crucial role in maintaining competitive advantage.
Graduate Study and Academia: For those interested in pursuing further education, Loughborough University’s BSc (Hons) Mathematics with Economics with Placement Year provides an excellent foundation for postgraduate study. Many graduates continue their studies by enrolling in Master’s programs in economics, finance, or data science, while others choose to pursue PhDs in related fields. Academic careers, whether in teaching or research, can be an attractive option for graduates with a passion for advancing economic knowledge or mathematical theory. Additionally, research-focused roles in think tanks or academic institutions offer opportunities to apply both economic insights and mathematical techniques to solve complex problems.
