BSc (Hons) Economics and Management with Placement Year

Loughborough

 

INTAKE: October

Program Overview

Loughborough University, recognized for its world-class teaching and research, offers the BSc (Hons) Economics and Management with Placement Year program. This program is designed for students who wish to explore the intersection of economics, management, and business practices, while gaining valuable work experience. The program combines a solid theoretical foundation with practical insights, preparing graduates for a successful career in economics, finance, or business management. The inclusion of a placement year adds significant value, offering students the opportunity to apply academic knowledge in a real-world setting, enhancing their employability upon graduation.

Curriculum: The BSc Economics and Management with Placement Year curriculum at Loughborough University provides a comprehensive understanding of both economics and management concepts. The program covers core subjects such as microeconomics, macroeconomics, business strategy, and organizational behavior, along with specialized modules on financial management, econometrics, and entrepreneurship. Students will develop essential skills in data analysis, critical thinking, and problem-solving, all of which are crucial in today's business environment. The curriculum is continuously updated to reflect the latest trends in economics and management, ensuring that graduates are well-equipped for modern challenges in the global economy.

Research Focus: Loughborough University places a strong emphasis on research, particularly in areas that intersect with economics and management. The university’s economics department is renowned for its work on applied economics, international business, and behavioral economics. Research in these fields aims to address real-world challenges, offering innovative solutions to economic and management-related problems. By studying at Loughborough, students gain exposure to cutting-edge research, helping to shape their critical thinking and academic approach. Moreover, students are encouraged to engage in research projects and are provided opportunities to work closely with faculty members on industry-relevant studies.

Industry Engagement: Loughborough University has established strong ties with a range of industries and organizations, providing students with excellent opportunities for internships, placements, and industry collaborations. The university’s strong focus on employability ensures that students are equipped with the skills and experience needed to excel in their future careers. The program includes a dedicated placement year, where students gain first-hand experience in a business environment, applying their academic knowledge to practical challenges. Additionally, Loughborough’s active career support services help students connect with industry leaders and professionals, enhancing their network and job prospects upon graduation.

Global Perspective: Loughborough University offers a global perspective by attracting a diverse student body from all over the world. The BSc Economics and Management program is designed to provide students with a comprehensive understanding of global economic and business issues. Through international case studies, global economic analysis, and opportunities for study abroad, students gain insight into how economics and management practices differ across regions. The university’s commitment to internationalization ensures that students are well-prepared to work in multinational corporations and global organizations. The exposure to diverse cultures and global business practices prepares graduates to succeed in an interconnected world.

Pollster Education

Location

Loughborough

Pollster Education

Score

IELTS 6.5

Pollster Education

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 with Placement Year program at Loughborough University are well-prepared for a diverse range of careers. The combination of a solid academic foundation and hands-on work experience makes these graduates highly attractive to employers. 

Economist Roles: With a strong grounding in economics, graduates can pursue careers as economists in various sectors, including public policy, government agencies, financial institutions, and research organizations. Economists analyze market trends, economic data, and government policies to provide insights into economic performance, forecasts, and decision-making.

Management Consulting: Management consulting is a popular career choice for graduates of the BSc Economics and Management program. In this field, graduates use their problem-solving and analytical skills to advise businesses on improving performance, increasing profitability, and managing operational challenges. Consulting firms often seek graduates with strong analytical abilities, strategic thinking, and an understanding of both business operations and economic principles.

Business Analyst: Business analysts play a crucial role in identifying business needs, analyzing data, and proposing solutions for operational improvements. With expertise in both management and economics, Loughborough graduates are well-suited for this role, helping organizations streamline processes, enhance efficiency, and increase profitability.

Financial Services: Graduates can enter the financial services industry, where they can work in roles such as financial analysts, investment analysts, or corporate finance advisors. With a solid understanding of economics, financial markets, and business management, graduates can help companies make informed financial decisions, manage investments, and assess financial risks.

Marketing and Sales Management: Graduates with a keen interest in consumer behavior and market trends may find opportunities in marketing and sales management. The economics and management program provides a strong understanding of market dynamics, consumer behavior, and strategic decision-making, all of which are essential skills in marketing roles. Graduates can work in marketing strategy, brand management, digital marketing, or sales.

Human Resources (HR): For those interested in people management, the BSc Economics and Management program offers excellent opportunities in Human Resources. Graduates can pursue roles in HR management, recruitment, employee relations, and organizational development. The program’s focus on organizational behavior and management theory equips students with the knowledge to understand and manage workforce dynamics effectively.

Government and Public Sector Roles: Many graduates of this program find fulfilling careers within the public sector, working for local or national government agencies, non-governmental organizations (NGOs), or international bodies like the United Nations or the World Bank. Roles in policy analysis, economic research, public administration, and social development are common career options for economics graduates.

Entrepreneurship: Graduates of the BSc Economics and Management with Placement Year program are well-prepared to start their own businesses. Armed with economic insight, strategic management skills, and practical experience from the placement year, students can launch entrepreneurial ventures in various sectors such as technology, retail, consulting, or finance.

International Careers: The global perspective offered by Loughborough University equips students to pursue careers in multinational corporations or global organizations. Graduates can work in international trade, global supply chain management, cross-border investments, or international finance. The program’s emphasis on understanding global economic issues ensures that graduates are prepared to navigate complex global business environments.


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