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  1. 2015 Entry

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.

Overview

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.

The BSc Financial Economics will help you gain the professional skills and experience employers demand, putting you ahead of the competition in the graduate job market. You can apply for an optional one-€year work placement, and many students undertake summer internships in the City.

City's undergraduate courses students had an overall student satisfaction rate of 81% in the 2014 National Student Survey (NSS).

Recent placements
have included: HM Treasury; RBS; GlaxoSmithKline; Foreign and Commonwealth Office; PriceWaterhouseCoopers; Department for Work and Pensions; Ministry of Defence; Goldman Sachs; Financial Ombudsman Service.

In addition to the BSc Financial Economics, we also offer:

What is special about Economics at City?

In this short video, Dr Javier Ortega, Head of Department, explains why City is different from other universities offering Economics.

Italiano  |  Español  |  Français

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: 34 points, 5 in higher Mathematics.
GCSE: English Language at grade B (or equivalent). More...

Course Fees:

  • Full-time EU: £9,000 per year
  • Full-time Non EU: £14,000 per year
More...

Start Date:

September 2015

UCAS code:

L111

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.

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, which must include the equivalent of a grade B in Mathematics at A Level, include the following. If you are in doubt as to whether you qualify, please get in touch:

  • BTEC National Diploma (DDD 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)

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.)
  • have covered sufficiently similar content to that covered by our first-year students
  • 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).

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)

34 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 65% in a programme verified by the university, for an applicant to be made an offer.

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%)
  • Bulgarian Diploma za Sredno Obrazovanie (Offer typically made on the basis of a score of at least 5.8)
  • Canadian school leaving certificates. (Offer typically made on the basis of a score between 80-90%)
  • China (School leaving qualifications are not accepted. Applicants would need to complete a satisfactory International Foundation Programme to be accepted. See below for details)
  • Cypriot Apolytirion (Require a score of at least 19. Combined with two relevant 'A' Levels)
  • Czech Matura (Offer typically made on the basis of 1.0 overall, including 1.0 in Mathematics)
  • French Baccalauréat (Offer typically around 13/20)
  • German Abitur (Offer typically around 1.8)
  • Greek Apolytirion (Require a score of at least 19. Combined with two relevant 'A' Levels)
  • Hong Kong Advanced Level (AAB)
  • Indian HSC/ISC/SSC grade XII (Offer typically made on the basis of 90% average, including 90% in Mathematics)
  • 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%)
  • Lithuanian Brandos Atestatas (Offer typically made on the basis of an average score of 9/10 from all A and B subjects)
  • Malaysian Sijil Tinggi Persekolahan (STPM AAA)
  • Norwegian Vitnemål  (Offer typically made on the basis of a score of at least 5.0)
  • Pakistani 'A' Levels (offer in line with UK 'A' Levels. Typical offer AAA)
  • Polish Matura (Offer typically made on the basis of an applicant achieving an average of 85% across three extended level subjects)
  • 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)
  • Singapore/Cambridge GCE Advanced Level (AAA at Higher 2)
  • Spanish Título de Bachillerato (Offer typically made on the basis of the applicant achieving between 8-9/10)
  • Sri Lankan General Certificate of Education (Advanced Level) - Any offer typically made on the basis of AAA.
  • 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)
  • USA Advanced Placement and SAT:
  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

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 at City, 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 a part-time course.

For more information see our main Visa page.

When and Where

Start Date:
September 2015
Duration:
3 years or 4 years with work placement option.

Course Content

Our 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.

The aim of this degree is to develop your analytical abilities in the discipline of economics, with particular reference to finance.

Graduates of this degree can demonstrate to prospective employers:
  • A strong understanding of the microeconomic principles underlying various types of financial markets and instruments
  • The macroeconomic role of finance
  • The quantitative tools used most commonly for financial analysis
  • The practical roles and obligations of the major financial institutions.

Course Structure

Year one

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 two

The second year allows students to develop their core skills by intermediate-level courses. Students can also begin to specialise in financial topics.

Core modules include:

Year three

The final year provides students with an opportunity to apply their 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:

Assessment is usually by means of coursework and unseen examination.

Teaching and Assessment

Education

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.

Facilities and resources

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

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

Assessment

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.

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

Fees

  • Full-time EU: £9,000 per year
  • Full-time Non EU: £14,000 per year

Funding

For up-to-date information about tuition fees, living costs and financial support, visit Undergraduate Fees and Finance.

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

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 and international bodies like the World Bank and the International Monetary Fund.

Recent graduates have also gone on to further study at universities such as Glasgow and Cambridge.

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.

 

Financial Economics

UCAS code: L111