Financial Economics  BSc (Hons)

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 teach 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 Financial Economics BSc 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.

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 Financial Economics BSc, we also offer:

Meet our students

Read short profiles of a few Economics undergraduate students:

What is special about Economics at City?

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

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Entry Requirements:

360 UCAS tariff points, typically AAA at A-level or equivalent (or AAB at A-level plus extra AS-level at B or above). A-level General Studies and A-level Critical Studies are not accepted. More...

Course Fees:

  • Full-time EU: £9,000
  • Full-time Non EU: £11,000

Start Date:

24 September 2012

UCAS code:

L111

How to Apply

Entry Requirements

Tariff Points

UK

A-Level

  • Minimum 360 UCAS tariff points, typically AAA at A-level or equivalent.
  • You must be taking Mathematics at A-Level to be considered for the BSc in Financial Economics
  • Please note any tariff point offer we make will not include AS Level subjects.
  • A-Level General Studies and A-level Critical Studies are not accepted.

GCSE pre-requisites

GCSE: grade B or equivalent in English Language and Maths or Statistics

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 UK qualifications accepted include:

  • BTEC National Diploma (DDD required, plus B in Maths 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

International Baccalaureate (IB)

35 points (Maths is required at Higher Level only for BSc Financial Economics)

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 typicall made on the basis of 1.0 overall, including 1.0 in Maths)
  • French Baccalauréat (Offer typically around 14.5/20)
  • 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 90% 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 undergradute degree. To enquire about your eligibility, please use the link provided below)
  • USA Advanced Placement (Offer typically made on the basis of an applicant achieving at least 15 (5,5,5) from three approved subjects). 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.

Other Suitable Qualifications

The Foundation Programme for international students

We offer a one-year foundation course leading to entry onto our Economics undergraduate degree courses.

The course is taught by City and Islington College (CIC), a long-standing partner of City University London. Students on the foundation course will be registered at both CIC and City University London with access to all academic facilities at both institutions. 

The foundation course is taught over two semesters, beginning in September and ending in June.

Applications are made through UCAS and, once registered, students have a guaranteed route to a degree at the university provided they achieve the required grades in academic subjects and in English language.  

We accept a large number of international students to our undergraduate courses every year, so if your international qualifications do not reflect the grade requirements, then please feel free to contact our undergraduate admissions administrator at socsciug@city.ac.uk

INTO Foundation Programmes

If you do not qualify for direct entry, INTO City University London offers academic preparation programmes which focus on the skills you need. Successful completion to the required standard of the International Foundation in Business, Humanities and Social Science at INTO City University London means guaranteed progression to this degree.

Kaplan International College (KIC) London

Additionally, the University works in partnership with KIC London to provide preparatory courses for international students.  Foundation and Pre Masters courses at KIC London offer comprehensive support to students including regular one-to-one tuition. Progression to the University is guaranteed if you complete the KIC London course at the required level.

English Requirements

  • Grade B in GCSE (or International GCSE)
  • Cambridge ESOL CPE grade C or above
  • IELTS 6.5
  • TOEFL (internet based): 100 - 105
  • TOEFL (computer based): 250
  • TOEFL (paper based): 600

INTO English Language Programmes

If you need to improve your English language skills before you enter this course, 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.

Please click the links below for more information:

Visa Requirements

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

For more information see our main Visa page.

When and Where

Start Date:
24 September 2012
Duration:
Full-time – three years or four years (including an optional year abroad or professional placement)

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 1

Core modules:

Year 2

Core modules:

Year 3

Core modules:


Elective modules:

Teaching and Assessment

Teaching

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.

Fees

  • Full-time EU: £9,000
  • Full-time Non EU: £11,000

Please note:

UK/EU students - The fees for UK/EU students rise each year by the rate of the cost of living in the UK and are set by the UK Government.

Non-EU international students - There is a small percentage increase, usually between 3% and 5%, each year on these fees.

Funding

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

Scholarships

New for 2012 entrants: Up to £2,000 cash each year for at least three years for students on this course. Read more here to see if you might qualify.

Placements

You have the opportunity to undertake a one-year work placement during your Economics degree at City. Our Careers Service will work with you to identify the best means of finding a placement. 

Students on the Economics undergraduate programme undertook placements at the following organisations in the 2010/11 academic year:

  • HM Treasury (3 students)
  • GlaxoSmithKline
  • PriceWaterhouseCoopers
  • Department for Work and Pensions
  • Ministry of Defence
  • Goldman Sachs
  • Financial Ombudsman Service
Students completing a placement during their degree will graduate with a "BSc in Financial Economics with Integrated Professional Training".

Career Prospects

Economics graduates are in great demand in professions such as banking, insurance, accountancy, fund management, management consultancy, development consultancy, telecommunications, the Civil Service, teaching, central banks such as the Bank of England and international bodies like the United Nations, the World Bank and the International Monetary Fund.

Financial Economics

UCAS code: L111


Applications to our undergraduate courses open on 1st September and close on 15th January (30th June for international students). Late applications will still be considered at our discretion. All applications to our undergraduate degree courses, including those from mature students, must be made through UCAS.  You can apply through your school or college using the UCAS online service 'Apply' which enables you to apply directly through the UCAS website (www.ucas.com).

Independent applicants such as mature and international students can also use ucasapply. The institution code for City University is C60.  If you are still at school or college when you make an application, staff there should be able to assist with this process offering you help and advice.

If you are outside the UK when you make an application your local British Council Office should be able to provide assistance. 

We accept a large number of international students to our undergraduate courses every year, so if your international qualifications do not reflect the grade requirements, then please feel free to contact us.