MA Digital Media and Creative Industries
The MA Digital Media and Creative Industries at Loughborough University aims t...
BSc (Hons) Economics
Loughborough
INTAKE: October
Program Overview
Loughborough University, one of the UK’s leading institutions, offers a highly respected BSc (Hons) Economics program designed to equip students with a strong analytical foundation and a thorough understanding of economic principles. This undergraduate degree is ideal for those seeking to explore how economies operate at both micro and macro levels, and how policy decisions impact markets and societies. The program stands out for its blend of theoretical knowledge and practical application, supported by the university’s commitment to academic excellence and graduate employability. Students benefit from a learning environment that fosters critical thinking, data-driven analysis, and a deep understanding of global economic trends.
Curriculum: The curriculum for the BSc (Hons) Economics program at Loughborough University is structured to build students’ expertise progressively across core and elective modules. In the early years, students study fundamental topics such as microeconomics, macroeconomics, quantitative methods, and statistics, providing a solid grounding in economic theory. As the program advances, students can specialize in areas like development economics, financial economics, behavioral economics, and econometrics. The course also incorporates real-world case studies, computer-based modeling, and analytical techniques that are essential for modern economic analysis. This flexible and comprehensive curriculum is continuously updated to reflect current global economic challenges and advancements in economic research.
Research Focus: Loughborough University has a strong research reputation, with the School of Business and Economics being recognized for its high-impact research in areas such as labor economics, public policy, environmental economics, and international trade. The economics faculty is actively involved in policy-driven research that addresses real-world problems, influencing both academic discourse and government policy. Students are encouraged to engage with research through dissertation projects, seminars, and workshops, gaining insights from cutting-edge studies and contributing to discussions on contemporary economic issues. This research-led teaching approach ensures that students are exposed to the latest developments and methodologies in the field of economics.
Industry Engagement: Loughborough University places a strong emphasis on industry engagement and career readiness. The BSc (Hons) Economics program benefits from strong ties with employers in finance, consultancy, government, and international organizations. The university offers students opportunities to attend guest lectures from industry experts, participate in employer-led workshops, and engage in networking events. Optional placement and internship opportunities provide students with practical experience, enhancing their understanding of how economic theories apply in professional settings. This real-world exposure, combined with Loughborough’s active career support services, significantly improves graduate employability.
Global Perspective: Loughborough University offers a globally oriented education, attracting students from over 140 countries and maintaining academic partnerships worldwide. The BSc Economics program integrates international economic perspectives into its curriculum, allowing students to analyze global market trends, international financial systems, and cross-border economic policies. Study abroad opportunities and international case studies prepare students for careers in global finance, development, and policymaking. The university's diverse academic community also ensures rich cultural exchange and a broader understanding of economic issues from different geopolitical viewpoints, fostering a well-rounded, globally aware graduate profile.
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 program from Loughborough University have excellent career prospects due to the comprehensive education they receive, which combines economics, analytical skills, and real-world business applications.
Economist Roles: A natural career path for economics graduates is to become an economist. Whether working in government, think tanks, financial institutions, or multinational organizations, economists are responsible for analyzing data, forecasting economic trends, and advising on economic policy. Loughborough University graduates are well-prepared for roles in public policy analysis, economic consultancy, and government research. These roles involve using economic models to inform decision-making and strategic planning.
Finance and Banking: Graduates with a BSc in Economics can enter various roles in the finance and banking sectors. Popular options include financial analyst, investment banker, credit analyst, and portfolio manager. Loughborough University’s strong focus on financial economics and quantitative analysis helps students develop the skills needed to evaluate financial markets, manage investments, and make strategic financial decisions. Many graduates choose to work for major financial institutions, insurance companies, or investment firms.
Management Consultancy: Management consultancy is another promising field for economics graduates. Consultants analyze business problems and provide solutions to improve efficiency, profitability, and operational performance. Graduates from Loughborough’s BSc Economics program possess the critical thinking and problem-solving skills that are highly valued in consulting firms. Graduates can join firms specializing in strategy, operations, technology, or human resources.
Business Analyst: Business analysts are key to helping organizations improve their operations by identifying business needs and providing data-driven solutions. With a strong foundation in economics, Loughborough graduates are equipped to work as business analysts in various industries, including retail, technology, healthcare, and manufacturing. In this role, they use economic principles and statistical techniques to inform business strategies, optimize processes, and drive growth.
Public Policy and Government Roles: For those interested in working in public service, Loughborough Economics graduates can pursue careers in public policy, economics advisory, or government consultancy. They can work with government agencies, international organizations, or non-governmental organizations (NGOs) on issues such as economic development, environmental policy, or social welfare. These roles often involve conducting research, analyzing economic data, and advising policymakers on the most effective economic strategies.
Marketing and Market Research: A degree in economics also opens doors to careers in marketing and market research. Economics graduates understand market dynamics, consumer behavior, and pricing strategies, which are crucial for roles in marketing analysis, brand management, and product development. Loughborough graduates can apply their knowledge to roles in marketing strategy, consumer research, and digital marketing in industries ranging from consumer goods to tech.
Data Science and Analytics: With the rise of big data, many economics graduates are pursuing careers in data science and analytics. Loughborough’s emphasis on quantitative skills and econometrics prepares students for roles where they can analyze large datasets, identify trends, and make data-driven decisions. These roles are prevalent across sectors such as finance, healthcare, retail, and technology, where data-driven insights are vital for business decision-making.
Entrepreneurship: Economics graduates from Loughborough are well-equipped to start their own businesses. The program’s focus on economic theory, market structures, and financial management provides the necessary tools for launching a successful entrepreneurial venture. Loughborough University’s strong entrepreneurial ecosystem, with access to business incubators and mentoring programs, helps graduates turn their business ideas into successful enterprises.
International Business and Trade: With a global perspective integrated into the BSc Economics program, graduates can pursue careers in international trade, global supply chain management, or international business development. They may work with multinational corporations, trade associations, or government agencies to analyze global economic conditions, trade agreements, and international financial markets.
