MA Digital Media and Creative Industries
The MA Digital Media and Creative Industries at Loughborough University aims t...
BSc (Hons) Economics and Management
Loughborough
INTAKE: October
Program Overview
The BSc (Hons) Economics and Management program at Loughborough University is designed to equip students with both theoretical knowledge and practical expertise in economics and management. The program blends core modules in economics with management and business-focused courses, ensuring that students acquire a comprehensive understanding of economic theory and its real-world applications in a business context. Students are exposed to essential economic concepts, including market structures, macroeconomic policy, and economic analysis, while also gaining vital management skills such as leadership, project management, and organizational behavior. The combination of these disciplines prepares graduates for successful careers in a variety of fields, including finance, consulting, policy analysis, and business management.
Curriculum: The curriculum of the BSc (Hons) Economics and Management program is thoughtfully structured to cover key areas of economics, business, and management. The first year introduces foundational topics such as microeconomics, macroeconomics, accounting, and management principles. In the second year, students dive deeper into advanced economic theories, econometrics, and business strategy, while also engaging in specialized modules on subjects like organizational behavior and marketing. In the final year, students have the opportunity to tailor their learning to their career aspirations, selecting from a range of electives that explore areas such as financial economics, entrepreneurship, and international business. A dissertation project in the final year allows students to conduct independent research on an economics or management-related topic of their choice, applying the skills they have acquired throughout the program.
Research Focus: Loughborough University is renowned for its research excellence, and this is reflected in the economics and management program. The university's research focus is primarily centered on applied research, ensuring that students are exposed to contemporary issues and the latest developments in both disciplines. Research at Loughborough covers a wide range of areas, including financial markets, business economics, behavioral economics, and sustainable business practices. Students benefit from this research-driven approach by gaining insights into emerging trends and cutting-edge methodologies that shape global economic and business landscapes. Faculty members are actively involved in research that influences policy-making and industry practices, providing students with the opportunity to engage in real-world, impactful projects.
Industry Engagement: One of the key strengths of the BSc (Hons) Economics and Management program at Loughborough University is its emphasis on industry engagement. The university has strong connections with leading businesses, financial institutions, and policy think tanks, ensuring that students have access to valuable networking opportunities, internships, and career placements. Industry practitioners frequently contribute to guest lectures, seminars, and workshops, providing students with firsthand knowledge of the challenges and opportunities in the business world. The university's close collaboration with industry partners also ensures that the curriculum remains relevant and aligned with current industry standards, enhancing the employability of graduates.
Global Perspective: Loughborough University maintains a global outlook in both its teaching and research endeavors. The BSc (Hons) Economics and Management program emphasizes the importance of understanding global markets, international trade, and the impact of economic policies across borders. Students are encouraged to develop a global perspective on economics and management, preparing them for careers in multinational organizations, international development, or global consulting firms. The university also offers opportunities for studying abroad and participating in international exchange programs, further enhancing students' global awareness and cultural competence. With a diverse student body and faculty from around the world, Loughborough University fosters an inclusive and dynamic learning environment that prepares students for success in an interconnected global economy.
Location
Loughborough
Score
IELTS 6.5
Tuition Fee
£ 25500
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.
Graduates of the BSc (Hons) Economics and Management program at Loughborough University are well-prepared to enter various professional fields due to their solid academic background, versatile skill set, and strong practical experiences. The blend of economics with management allows students to pursue a wide range of career paths in both the private and public sectors.
Economic Analyst / Economist: Graduates with a strong grasp of economic theory, data analysis, and econometrics are well-positioned to pursue careers as economic analysts or economists. These professionals are employed by government agencies, research institutions, multinational organizations, or private consulting firms. Economic analysts provide valuable insights into market trends, policy implications, and economic forecasts, helping businesses and governments make informed decisions.
Management Consultant: The combination of economics and management skills equips graduates with the expertise required for management consulting. As a management consultant, graduates help organizations improve their business performance, optimize operations, and solve complex management problems. Consultants analyze market conditions, internal processes, and financial performance, offering strategic recommendations to enhance productivity and profitability. This career path is ideal for those who enjoy working with businesses to drive change and improve efficiency.
Financial Analyst: Loughborough University’s economics and management program also serves as an excellent springboard for a career in finance. Financial analysts evaluate financial data, economic conditions, and investment opportunities to provide insights into portfolio management, risk assessment, and corporate finance. Graduates can find positions in banks, investment firms, insurance companies, and large corporations, helping to shape financial strategies, manage risks, and forecast market trends.
Business Analyst: Business analysts play a key role in bridging the gap between technology and business. Graduates with a background in both economics and management are particularly well-equipped to analyze business processes, identify areas for improvement, and implement solutions that maximize efficiency and profitability. Business analysts are in high demand across various industries, including finance, healthcare, manufacturing, and technology.
Project Manager: Project management is another promising career path for BSc (Hons) Economics and Management graduates. This role involves overseeing the planning, execution, and completion of projects within an organization. Project managers are responsible for managing budgets, timelines, and resources to ensure that projects are completed successfully. Graduates who have developed strong organizational, leadership, and problem-solving skills during their studies are well-suited to take on the challenges of project management in various sectors, including construction, IT, and consulting.
Policy Advisor / Researcher: With their deep understanding of economics and the business environment, graduates can also pursue careers as policy advisors or researchers, working in government, think tanks, or nonprofit organizations. These professionals analyze economic data, assess the effectiveness of policies, and recommend changes to enhance public welfare. Policy advisors often focus on areas such as economic development, social policy, environmental sustainability, and international trade.
Marketing Manager: Graduates with an interest in marketing and business development may find success in the marketing sector. Marketing managers are responsible for developing strategies to promote products or services, analyzing consumer behavior, and managing marketing campaigns. The economics aspect of the program provides graduates with valuable insights into market dynamics, demand forecasting, and pricing strategies, all of which are essential for effective marketing management.
Human Resources Manager: Human resources (HR) management involves recruiting, training, and managing employees within an organization. The BSc (Hons) Economics and Management program offers students a strong understanding of organizational behavior, leadership, and management principles, which are vital for a career in HR. Graduates can pursue HR roles in various industries, from large corporations to small enterprises, where they focus on improving employee engagement, performance, and organizational culture.
Entrepreneur / Start-up Founder: For graduates interested in entrepreneurship, the BSc (Hons) Economics and Management program provides essential skills in business planning, finance, and management. Loughborough University encourages entrepreneurial thinking and offers support through incubators and mentorship programs. Graduates can start their own businesses or work as entrepreneurs within established companies, identifying market gaps, developing products or services, and scaling operations.
International Business Manager: Given the global perspective of the BSc (Hons) Economics and Management program, graduates are also well-suited for roles in international business management. International business managers oversee operations across different countries, develop strategies for entering global markets, and manage cross-border teams. Graduates with expertise in global trade, international finance, and global economic policies can work for multinational corporations, international consulting firms, or global financial institutions.
Investment Banker: Investment banking offers lucrative career opportunities for graduates with strong analytical skills and an understanding of economics and business. Investment bankers provide financial advice, raise capital for companies, and help businesses make investment decisions. This highly competitive field requires graduates to have strong financial acumen, strategic thinking, and the ability to thrive in fast-paced environments.
Data Analyst / Data Scientist: In today’s data-driven world, the demand for data analysts and data scientists is growing rapidly. Graduates of the BSc (Hons) Economics and Management program, with a background in quantitative analysis and econometrics, can easily transition into data analytics roles. These professionals analyze large sets of data to uncover trends, make predictions, and inform business decisions, particularly in industries like finance, technology, and healthcare.
