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  1. Financial Economics
    1. 2016
    2. 2017

Financial Economics

BSc (Hons) |
City's Financial Economics degree has been developed to meet a need in the market for highly skilled professionals who combine the specific knowledge of financial products and markets with the analytical abilities of a trained economist.

Key Information

Start date

September 2016

Duration

3 years or 4 years with work placement option.

Fees

UK/EU

Full-time: £9,000 per year

Non-EU

Full-time: £15,000 per year (fees may increase in subsequent years in line with the Retail Prices Index)

UCAS code

L111

Who is it for?

The degree will equip you with the knowledge and skills required to apply economic theory and analysis to financial markets and products. This course develops students understanding of current economic theory and practice and the technical mathematics and statistics that underpin them.

Objectives

This course aims to develop your analytical abilities in economics, with particular reference to finance. Successful completion is a signal to prospective employers of your sound knowledge and understanding of the macroeconomic and microeconomic principles underlying various types of financial markets and instruments.

At City, you will learn the latest developments in all major fields of economics from lecturers recruited for their research excellence. Because our best researchers educate you from day one, our degrees provide good preparation for postgraduate study. Economics graduates from City are currently pursuing further study in Economics, Business, Finance and Management at LSE, UCL, Oxford and Cambridge.

On this course, you can also broaden your horizons through placement year schemes and participation in the activities of the student-led Economics Society.

Requirements and how to apply

Entry requirements

'A' Level: 340 UCAS tariff points, including Mathematics 'A' Level grade B. Typically gained from 'A' Level grades AAB or ABB plus one 'AS' Level. Other qualification combinations achieving 340 UCAS tariff points will be considered
IB: 33 points, 5 in Higher Level Mathematics
GCSE: English Language at grade B (or equivalent).

Access to Higher Education

We welcome Access course applicants from 'mature' students. These applicants will be considered on the basis of their own merits.

A typical offer for an Access applicant would be: Pass 60 credits, 45 of which at Level 3. These Level 3 credits must include at least 27 at distinction and 18 at merit.

It is essential that the Access course qualification is supplemented by 'A' Level Mathematics at grade B minimum, and by grade B minimum in English Language at GCSE.

Please be aware that Access students are often asked for further information to supplement their application, this is normally in the form of a questionnaire.

Other acceptable UK qualifications:

The following must be combined with a B in Mathematics at ‘A’ Level or equivalent:

  • BTEC National Diploma (DD required, plus B in Mathematics and English at GCSE)
  • Cambridge Pre-U Principal Subjects
  • Advanced Diploma (plus appropriate 'A' Levels)
  • Scottish Advanced Highers
  • Welsh Diploma (plus appropriate 'A' Levels

If you are in doubt as to whether you qualify, please get in touch

Second-year transfer applicants

If you wish to apply for second-year entry please be aware that you must:

  • have achieved grades equal to the entry requirements for first-year entry ('A' Levels, foundation years, access courses, etc.)
  • be gaining or have gained at least a 2:1 in every module in your current first year. You must provide official documentation of this as evidence (e.g. university transcript).
  • have covered sufficiently similar content to that covered by our first-year students. This is a very demanding requirement. Our first year students spend half their time on mathematics and statistics. The majority of applications for second year entry are rejected because the applicant does not have enough mathematics or statistics.

If you feel you meet these requirements then please apply through UCAS as early as possible (transfer students normally apply when their first semester exam results are published) and we can then assess your eligibility. Please be aware you will need to select your 'point of entry' as year two.

Please note: For direct second-year entrants the overall degree classification will be based on the marks obtained at City University London only, with the weighting of 33/67 between the second and third year. Marks previously obtained will not be used in the degree classification.

On your application please include:

  • the exact name of the degree you are studying towards
  • the institution at which you are studying
  • the modules you have taken
  • any scores you have achieved

This information will enable us to make a more informed decision as to whether the content that you have studied is to an appropriate level for level-two entry.

Please be aware that you must meet all of the above requirements, otherwise your application is unlikely to be successful.

International

Acceptable international qualifications, which must include the equivalent of a grade B in Mathematics at A Level, include the following. For example, the International Baccalaureate requirement of 35 points must include Mathematics at Higher Level. If you are in doubt as to whether you qualify, please get in touch.

International Baccalaureate (IB)

33 points, 5 in higher Mathematics.

European Baccalaureate

80%

International Foundation Programme

The entry requirements for applicants applying having completed such programmes varies in relation to the specific programme completed. Typically, we would ask for applicants to have achieved at least 70% in a programme verified by the university, for an applicant to be made an offer.

INTO City University London

INTO City University London offers:

These courses offer a route to City University London through an excellent teaching and learning experience located in purpose-built study facilities.

International Qualifications

The School of Social Sciences accepts students from across the globe. Qualifications from where we receive most of our international applications are shown below. If your qualifications are not listed here, we may still accept you, so please feel free to contact our UG admissions team for advice.

Please be aware you can apply for a course here before you sit your school leaving qualifications. Any offer we decide to make you will be conditional on you achieving the appropriate score in your school leaving qualifications, in conjunction with your English language qualification. This can be done from September the year before the programme to which you are applying.

Accepted qualifications include:

  • Australian school leaving certificates. (Offer typically made on the basis of a score of 90%). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Bulgarian Diploma za Sredno Obrazovanie (Offer typically made on the basis of a score of at least 5.8). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Canadian school leaving certificates. (Offer typically made on the basis of a score between 80-90%). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • China (School leaving qualifications are not accepted. Applicants would need to complete a satisfactory International Foundation Programme to be accepted. See below for details). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Cypriot Apolytirion:
    Apolytirion 17, + two A Levels, grades A and B minimum, one of them in Mathematics, or at least 16 in Mathematics in the Apolytirion, or
    Apolytirion 18, + one A Level, in Mathematics, grade A, or at least 16 in Mathematics in the Apolytirion, or
    Apolytirion 19, without A Levels, but with at least 16 in Mathematics in the Apolytirion. 
  • Czech Matura (Offer typically made on the basis of 1.0 overall, including 1.0 in Mathematics). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • French Baccalauréat (Offer typically around 13/20). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • German Abitur (Offer typically around 1.8). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Greek Apolytirion:
    Apolytirion 17, + two A Levels, grades A and B minimum, one of them in Mathematics, or at least 16 in Mathematics in the Apolytirion, or
    Apolytirion 18, + one A Level, in Mathematics, grade A, or at least 16 in Mathematics in the Apolytirion, or
    Apolytirion 19, without A Levels, but with at least 16 in Mathematics in the Apolytirion. 
  • Hong Kong Advanced Level (AAB). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Indian HSC/ISC/SSC grade XII (Offer typically made on the basis of 80% average, including 80% in Mathematics). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Italian Esame di Stato (Offer typically made on the basis of an overall score of 80% with a grade of 8/10 in Mathematics).
  • Israeli Bagrut (Offer typically made on the basis of a score between 85-90%). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Lithuanian Brandos Atestatas (Offer typically made on the basis of an average score of 9/10 from all A and B subjects). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Malaysian Sijil Tinggi Persekolahan (STPM AAA). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Norwegian Vitnemål  (Offer typically made on the basis of a score of at least 5.0). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Pakistani 'A' Levels (offer in line with UK 'A' Levels. Typical offer AAA). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Polish Matura (Offer typically made on the basis of an applicant achieving an average of 85% across three extended level subjects). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Russian (The Atestat is not sufficient for direct entry on to our undergraduate degree. Applicants would have to complete a satisfactory International Foundation Programme, please see below for details). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Singapore/Cambridge GCE Advanced Level (AAA at Higher 2). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Spanish Título de Bachillerato (Offer typically made on the basis of the applicant achieving between 8-9/10). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Sri Lankan General Certificate of Education (Advanced Level) - Any offer typically made on the basis of AAA. You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • Turkish Lise Bitirme Diplomasi (Most students from Turkey will be required to take an International Foundation Programme, but students from selected schools may be able to apply for direct entry to an undergraduate degree. To enquire about your eligibility, please use the link provided below). You will also need an acceptable qualification in mathematics, equivalent to at least a grade B at A Level.
  • The requirement for applicants offering USA Advanced Placement and SAT is set out as follows, and in each case must be supplemented by an acceptable qualification in Mathematics, equivalent to at least a Grade B at A level:
  1. 3 x AP with 5,5,4 from group A subjects. If not taking Calculus AB must also have SAT Maths 600, plus SAT Critical Reading and Writing both at 550 or above;
  2. 3 x SAT subject tests with 650 minimum in any two and 600 in the third. If not taking Maths level 1 must also have SAT Maths 600, plus SAT Critical Reading and Writing both at 550 or above;
  3. 2 x SAT subject tests with 650 minimum in each plus 2 x AP group A subjects with 5,4.  If not taking AP Calculus AB or SAT Maths level 1 must also have SAT Maths 600, plus SAT Critical Reading and Writing both at 550 or above;
  4. Applicants with a combination of AP group A and B subjects to be considered on a case-by-case basis. 

Please contact the department for further guidance, if required.

All applicants whose education is not in English will be required to achieve the appropriate IELTS/TOEFL score.

English requirements

  • IELTS: 6.5 overall with a minimum of 6.0 in each component
  • PTE Academic: 58 overall with a minimum of 50 in each component.

English language programmes

If you need to improve your English language skills before you enter this course, our partner, INTO City University London offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for entry to this degree. Find out more about:

Visa requirements

If you are not from the European Economic Area / Switzerland and you are coming to study in the UK you may need to apply for a visa or entry clearance to come to the UK to study.  

The way that you apply may vary depending on the length of your course; there are different rules for:

  • Students on courses of more than 6 months
  • Students on courses of less than 6 months
  • Students on a pre-sessional English Language course

Please note: If you require a Tier 4 student visa to study in the UK, you cannot undertake any City University London courses on a part-time basis.

For more information see our main Visa page.

How to apply

Applications for degree courses must be made through UCAS. You can apply through your school or college using the Apply system, which enables you to submit your application directly to the UCAS website.

Universities and Colleges Admissions Service (UCAS)
Rosehill, New Barn Lane,
Cheltenham, Gloucestershire GL52 3LZ
www.ucas.com

UCAS Customer Service Unit telephone numbers:

  • For callers in the UK: 0871 468 0 468
  • For callers outside the UK: +44 (0)871 468 0 468
For callers with hearing difficulties
  • From the UK use the Text Relay service on 18001 0871 468 0 468
  • From outside the UK dial +44 151 494 1260 (text phone) and then ask the operator to dial 0871 468 0 468.
You can apply for up to five universities on the form. Please take care to enter the correct course code, particularly for subjects with a foundation year or with BSc and BEng options. UCAS has implemented an 'invisibility of choices' policy so that, on the initial application and while you are receiving decisions, each university can only see their entry and not those of other universities you have chosen. This ensures that your application for a course at City University London is considered solely on your academic and personal qualities. You should submit your completed application form to UCAS with a £21 application fee. If you want to apply to City only, you can make a single choice application at a reduced rate of £11. The UCAS code for City University London is C60.

When to apply

Your application for entry in September 2016 should arrive at UCAS between 1 September 2015 and 15 January 2016. Applications that arrive after 15 January 2016 will be considered only at the University's discretion. When your application is acknowledged by UCAS, you will be sent a personal identification number so that you can access your records via Track on the UCAS website.

Enquiries

For general enquiries about the admissions process, please contact the
Admissions Office.

T: +44 (0)20 7040 8716/0223
E: ugadmissions@city.ac.uk

If your enquiry is about admission to a particular course, you should contact the admissions tutor for that course (please see the course description for contact details).

Description refinement typically used to specify the procedure for applying to a course of study.
100%
of students were satisfied with the quality of the course (Unistats)
£24,000
Average salary six months after the course

The Lord Mayor of London Scholarship

More about Economics at City

Dr Javier Ortega on Economics at City University London

In this short video, Dr Javier Ortega (admissions tutors for Economics undergraduate degrees at City University London) explains why City is different from other universities offering Economics.

Placements

You have the opportunity to undertake a one-year work placement between years two and three. The degree awarded is a BSc (Hons) Financial Economics with Integrated Professional Training. Our Careers Service will work with you to identify the best means of finding a placement. 

Recent Economics undergraduate students have undertaken placements at organisations including:

  • HM Treasury
  • RBS
  • GlaxoSmithKline
  • PriceWaterhouseCoopers
  • Department for Work and Pensions
  • Ministry of Defence
  • Goldman Sachs
  • Financial Ombudsman Service

Study abroad

Students may take one or two terms in their second year or the first term of their third year studying at one of our partner institutions in Barcelona, Konstanz, Madrid, Rotterdam and Toulouse on the British Council Erasmus scheme. Modules at these institutions are carefully selected to ensure comparability and to satisfy the prerequisites for third year modules. No fees are payable and a grant is awarded. There are also opportunities for study abroad with our partner institutions in Australia, Boston, Istanbul and Seoul. For more information on the Erasmus scheme, visit www.britishcouncil.org/erasmus.

Academic facilities

 All Economics undergraduates receive the FT, Economist and Handbooks in Economics


Our students have access to a variety of facilities and resources, including:

Learn a language for free

We offer a free language course for City University London students.

Find out how to apply

Teaching and learning

We teach the basic theoretical or technical points relevant to the module, through lectures and seminars which enable you to actively explore and develop your understanding of these points by means of discussion, problem-solving, computer exercises, and presentations.

Assessment in most cases is by means of coursework and unseen examination. Coursework may consist of standard essays, individual and group presentations, group reports, classwork, unseen tests, and problem sets.

Assessment weightings by year

  • Year 1: 10%
  • Year 2: 30%
  • Year 3: 60%

Modules

Year 1

The first year lays the analytical and conceptual foundations of economics with modules covering examples of the real-world application of economics to important fundamental problems.

Core modules include:

Year 2

The second year allows you to develop your core skills by intermediate-level courses. You can also begin to specialise in financial topics.

Core modules include:

Year 3

The final year provides you with an opportunity to apply your knowledge of core tools to a supervised research project in Financial economics. The final year core modules examine the financial aspect of the course while the electives allow further specialisation.

Core modules include:

Elective modules include:

Career prospects

Graduates in Financial Economics are in demand in professions such as

  • accountancy
  • management consultancy
  • finance
  • banking
  • insurance
  • the Civil Service
  • teaching
  • central banks such as the Bank of England
  • international bodies like the World Bank and the International Monetary Fund.

Find out how studying at City University London helps you to improve your job prospects

Read an interview with Gary Argent (City's Director of Careers & Skills Development Service) about how undergraduates can improve their job prospects in today's workplace.

70% of graduates are in full time employment / further study

Statistics taken from Unistats.

Contact details

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Unistats background City of London