Business with Economics BSc (Hons)

Full-time undergraduate (3 years, 4 years with foundation year, 4 years with placement)

Cambridge

January, September


Overview

You’ve set your sights high. You want a course that connects you with up-to-the minute ideas and discussions. We’ve designed our full-time Business with Economics degree to match that ambition. Based in Cambridge, you’ll be at the forefront of current issues and challenges in economics. And you won’t just learn in the lecture theatre. There’s the chance to get involved in extracurricular activities, debating big ideas such as the minimum wage, capitalism and Brexit, and gain valuable work experience with a placement year.

Full description

Careers

We work with employers to make sure you graduate with the knowledge, skills and abilities they need. They help us review what we teach and how we teach it – and they offer hands-on, practical opportunities to learn through work-based projects, internships or placements.

Our BSc (Hons) Business with Economics gives you the theoretical and practical knowledge you’ll need to work as an economist. It also provides a basis for a wide range of careers in industry, business and the public sector.

On graduation, you could choose to progress to postgraduate studies in economics, or in a variety of business- and policy-related disciplines.

Modules & assessment

Level 3 (foundation year)

  • Foundation in Business
    This module will provide students with the necessary skills to begin studying at level 4 in courses related to Business, Accounting, Finance, Marketing, Tourism and Economics. Students will be introduced to the core skills necessary to succeed in higher education, including thinking critically, researching and referencing appropriately, demonstrating appropriate numeracy and ICT skills, and communicating effectively verbally and in writing. Students will also be introduced to specific concepts related to their degree programmes including the functions of a business, business law, ethics and intercultural studies. Real-world applications of these theories in business will be highlighted, and students will practice applying the theory to case studies. The module is made up of the following eight constituent elements: Interactive Learning Skills and Communication (ILSC); Information Communication Technology (ICT); Critical Thinking; Core Maths; Ethics; Intercultural Studies; Business Law; Introduction to Business.

Level 4 modules

  • Global Business Environment and International Strategy
    You'll explore the factors that affect business, from a mostly external perspective, including elements of globalisation and international business and the fundamental skills needed in the world of business. Political, Economics, Social, Legal, Ecological and Technological factors will be examined in the macro business environment and how these interact in a competitive environment with globalisation, technological and social change to create complex strategic options for organisations. You will also explore in some detail the concept of sustainability and introductory economics.
  • Introduction to Business Contracts and the Law
    As an introduction to a broad range of civil legal issues, you'll get an insight and appreciation of the various ways in which the law impacts on the world of commerce and our everyday life. The module provides a foundation across a broad range of fundamental legal principles and concepts of the English Legal System. The rights and obligations of legal entities/individuals under the Law of Contract and the Law of Tort will also be examined.
  • Organisational Behaviour
    You'll be introduced to a range of organisational behaviour issues that you may encounter in your career and be provided with evidence-informed analyses of ways in which culture, leadership, structure and motivation affect workers and workplaces. This foundation enables you to analyse the human side of management and diagnose problems affecting organisations both independently and as part of a group. You'll have the opportunity to take managerial, critical, symbolic-interactivist and feminist perspectives to business issues and organisational behaviour related theories, models and concepts to build your social capital and critical analytical skills. Specifically, we will equip you with the knowledge and human capitals to understand how people and organisations function in individual, group and organisational levels based on the latest academic evidence on topics such as motivation, leadership, teams, organisational structure and culture. Finally, we aim to inspire you to value and continuously use the best available academic evidence on effective management of people and organisations throughout your career.
  • Digital Business and Principles of Marketing
    This module presents a fusion between the philosophies which underlie marketing, with a strong emphasis of integrating digital and traditional concepts and the real life application of marketing across a variety of sectoral contexts. You'll examine the core marketing concept of customer value and the interplay between marketing and sustainability and the ethical challenges and critiques of modern marketing. You'll gain a wide range of knowledge across a breadth of sectors and be able to adapt these to whatever career or future research you choose. On completion of the module you'll have not only a solid grounding in marketing philosophies and theories but also a critical view of marketing, based around the realisation of the reality of modern digital marketing operations and management in a context of increasing global economic challenges, but also within a context where the customer profile is shifting to become increasingly demanding, critical and questioning of the motivations and ethics behind the marketers activities.
  • Introduction to Financial Analysis and Management
    Finance and business information is the lifeblood of any organisations operations and decisions. You’ll work with data and case studies from organisations, meet with businesses to understand the practical use this key information is put to and present your decisions on a going concern or start-up. As you present your analysis of key information and conclusions to other stakeholders, you'll develop your persuasion and negotiation skills.

Level 5 modules

  • Micro and Macro Economics
    In this module you’ll build your knowledge of those factors affecting firms and countries performance. You’ll discuss the theoretical explanations offered by economists and social scientists and examines the writing of leading experts. By the end of the modules you’ll be able to evaluate the strengths and weaknesses of alternative explanations of firms strategies, performance and countries economic growth and development. Within Micro Economics you'll look at the way in which varying decision-making units make decisions, the fundamental concepts that underpin these and the firms' input and output decisions based on profit maximisation and cost minimization in different market sessions.You'll explore customer choice based on utility maximisation and how it applies to the labour market as well as game theory approaches and asymmetric information problems, such as adverse selection, moral hazard and principle-agent problems. In Macro Economics you'll consider determination of national income, the workings of the monetary system, causes and consequences of inflation and the reasons behind unemployment. You'll explore in more detail the determinants of positive, zero and negative growth as well as how growth and development are affected by changes in population numbers, resources, infrastructure, innovation, government intervention and stability. You'll understand how economists are able to define, evaluate, measure and attempt to boost employment, economic growth and development to reduce inflation and public debt.
  • Introduction to Econometrics
    The aim of this module is to introduce the tools and concepts necessary to perform empirical research projects based on data analysis, from a practical perspective. You’ll get a sound understanding of how to ask questions of data to look at the existence of statistical relationships among different characteristics or variables. Most questions will be on the possible existence of statistical relationships among different characteristics or variables in the data sets. As datasets are most often samples of an original population, you'll focus on how to extend empirical findings from the sampling data to statistical statements about the populations, how to collect, manage and prepare secondary data for a research project and using the econometrics software Stata. You'll test your hypotheses using the linear regression model, an essential step to understand differences between causation and correlation and be introduced to the concepts of Multiple Linear Regression Analysis. Every topic will be accompanied by a practical computer workshop, where you'll use basic commands of Stata software to produce an independent empirical research project.
  • Ruskin Module
    Ruskin Modules are designed to prepare our students for a complex, challenging and changing future. These interdisciplinary modules provide the opportunity to further broaden your perspectives, develop your intellectual flexibility and creativity. You will work with others from different disciplines to enable you to reflect critically on the limitations of a single discipline to solve wider societal concerns. You will be supported to create meaningful connections across disciplines to apply new knowledge to tackle complex problems and key challenges. Ruskin Modules are designed to grow your confidence, seek and maximise opportunities to realise your potential to give you a distinctive edge and enhance your success in the workplace.
  • The Entrepreneurial Journey
    Entrepreneurs are people who identify and exploit opportunities for new products, marketing or processes to generate economic and social value. Entrepreneurship is not just about new venture creation, it involves using creative or innovative ideas to recognise and develop solutions. You’ll work as part of a team over 3 rounds of activity (such as gamification, experiential learning and simulation) to focus on the identification of an opportunity, the creation of a product or service and pitching a concept to work as part of the team to develop your skills and collaborate with organisations and guest speakers.
  • Project Management and Implementation
    Project management is a key skill for any future professional. This module focuses on providing a sound basis for managing or working on projects. In essence, the concept of managing a project hinging on one quite basic principle, managing the triangle of: quality of the project outcomes, cost and time. The module covers: Project Management Body of Knowledge; the importance of stakeholder and risk management; scheduling and costing; monitoring and controlling techniques, time management and resource optimisation; improving the success of projects; and the principles of agile project management.

Placement year (Optional)

  • Work Placement
    In a competitive job market, understanding how the professional work place functions, along with well-developed employability skills is key to securing graduate employment. You'll put into practice your learning from the previous 2 years with a company or organisation where you will be supported in developing effective professional practices through guidance in generic and specific employability skills and through independent reflective learning practices to enhance your continuing professional development in a working environment. You'll gain experience of a professional environment underpinned by the theories you have already experienced. You will be expected to be able to reflect on your experience in writing and orally, and demonstrate how you have applied theory and prior learning within the work environment. You're assessed on a pass/fail basis with the aim of supporting you to develop your ability to demonstrate your professionalism, leadership and managerial skills to a prospective employer whilst also learning key communication and personal skills. You must secure a placement, or placements (maximum 2) amounting to 9 months duration with a minimum 3 months per placement. Placements can start at any point from 1 June and must have started by 1 October.

Level 6 modules

  • Sustainability and Responsible Business
    You'll develop understanding of the shift towards more environmentally, socially and economically responsible business practice and in particular focus on the drivers behind this shift; including an understanding of the sustainable development goals and growing business arguments for including a consideration of sustainability in all business and management practice. The module promotes a personal approach to the issues of sustainability and personal and social responsibility. The module includes an authentic assessment where you'll be diagnosing, designing and evaluating an environmental management plan for your households or organisations, while reflecting on your personal responsibility and ethical behaviour. You'll pay special attention to questioning the different responses of business in relation to social responsibility and sustainable management. If you're studying BSc (Hons) Business Management, successful completion of this module provides exemption against the Chartered Management Institute’s (CMI) unit 5022V1 Organisational Corporate Social Responsibility.
  • Applied Economics
    You'll apply economic theories and methods to current economic or socioeconomic policy issues and think ‘outside the box’ when addressing these issues. You'll gain an understanding of the original formulation of fundamental analytical and technical methods and theoretical concepts in economics as well as an understanding of the continuing relevance of these methods and concepts. It will provide you with the awareness of the socio-economics issues and allows you to explore economic ideas to inform your participation in discussions and debates on economic affairs of today. You'll engage in informed discussion with specialists and non-specialists alike on issues currently reviving widespread attention in the media and public debate generally.
  • Financial Economics
    You'll gain a wide understanding of the theory and practice of financial economics at an advanced level and the importance of it's application. Asset markets with asset prices and microstructure is introduced to provide a rigorous grounding of the financial asset market. Market efficiency and decision making under uncertainty are thoroughly discussed. You'll discuss and empirically appraise the Capital Asset Pricing and the Arbitrage Pricing Theory models alongside discussion on Securities, especially equity and bond. This module is designed for you to be able to pursue further development of economics in financial view. It also supports you studying for the Chartered Financial Analyst (CFA) and the Chartered Institute of Bankers (CBI).
  • Undergraduate Major Project
    You'll have the opportunity to bring together your learning on live brief assessments and be part of an interdisciplinary team addressing a current issue in business. You'll be presented with a current business issue and be required to research, analyse and evaluate the issue effectively as a team. You'll act as the expert in your field of study to bring the perspective of that specialty to a complex business problem. You'll identify the key problems and issues, conduct literature reviews, evaluate information, investigate and adopt suitable development methodologies, determine solutions, process data, critically appraise and present the findings of your project using a variety of media. You'll create a poster presentation on your project for your team to display, and answer questions on, to an audience of academics and employers at a poster presentation event. You'll write a group business report on the outcomes of your project, evidencing your recommendations alongside an individual piece of reflective work on how you approached the issue, worked successfully as a team member, conducted robust business research and developed sound conclusions and recommendations.

Assessment

You can expect an interesting mix of coursework, essays, exams and activity-based assignments. Your coursework could include problem-solving activities, consultancy projects, presentations as well as group or individual reports. You'll also be able to access support materials supported by materials accessed through our learning management system, Canvas.

All assessment is designed to allow you to demonstrate what you’ve learned, and to make sure you’re developing the knowledge and skills you need to complete the course.

This is a three-year programme (or 4 years with placement)

Please note that modules are subject to change and availability.

Where you'll study

Your faculty

You have a highly active mind and see opportunity everywhere. Now you need theory and life-changing skills to sharpen your approach to management. At the Faculty of Business & Law, you will immerse yourself in a multicultural environment where technology blends with teaching to create a dynamic and innovative learning environment. An environment to help you gain those skills.

Where can I study?

Cambridge
Lord Ashcroft Building on our Cambridge campus

Our campus is close to the centre of Cambridge, often described as the perfect student city.

Explore our Cambridge campus

Placement year

We want to make sure that you’re fully prepared for an increasingly competitive job market, so we offer a four-year degree option which includes a work placement in the third year. It’s an opportunity to apply and enhance your skills while developing new ones. You’ll also build valuable professional networks.

It could be that you have one placement during Year 3, or you could have two or three, giving you the chance to experience different organisations and working practices. Many of our students find that their placement company hires them when they graduate. We have a specialist team to help you find a placement and support you during this year. You might work in the UK or go abroad: our students have worked at leading organisations such as PricewaterhouseCoopers (PWC), Bosch, BMW, Airbus, BskyB and KPMG. This period of work experience can help set your final-year studies in context and may well help with your dissertation topic. All in all, it’s a fantastic way to stay ahead of the competition.

Studying abroad

You could broaden your horizons by spending time living and studying abroad. This could be a short study visit or a semester spent in Europe, Canada, the USA or Malaysia. It will look great on your CV and help you take advantage of opportunities in the international job market.

Fees & funding

Course fees

UK & EU students starting 2020/21 (per year)

£9,250

International students starting 2020/21 (per year)

£13,500

Placement year (UK, EU, international students)

£1,250

Fee information

For more information about tuition fees, including the UK Government's commitment to EU students, please see our UK/EU funding pages

How do I pay my fees?

Tuition fee loan

UK and EU students can take out a tuition fee loan, which you won’t need to start repaying until after your graduate. Or alternatively, there's the option to pay your fees upfront.

Loans and fee payments

International students

You can pay your tuition fees upfront, in full or in two instalments. We will also ask you for a deposit of £4,000 or a sponsorship letter. Details will be in your offer letter.

Paying your fees

Scholarships

We offer a fantastic range of ARU scholarships, which provide extra financial support while you’re at university. Some of these cover all or part of your tuition fees.

Explore ARU scholarships

Funding for UK & EU students

Most new undergraduate students can apply for government funding to support their studies and university life. This includes Tuition Fee Loans and Maintenance Loans. There are additional grants available for specific groups of students, such as those with disabilities or dependants.

We also offer a fantastic range of ARU scholarships, which provide extra financial support while you’re at university. Find out more about eligibility and how to apply.

Funding for international students

We offer a number of scholarships, as well as an early payment discount. Explore your options:

Entry requirements

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Important additional notes

Our published entry requirements are a guide only and our decision will be based on your overall suitability for the course as well as whether you meet the minimum entry requirements. Other equivalent qualifications may be accepted for entry to this course, please email answers@anglia.ac.uk for further information.

We don't accept AS level qualifications on their own for entry to our undergraduate degree courses. However for some degree courses a small number of tariff points from AS levels are accepted as long as they're combined with tariff points from A levels or other equivalent level 3 qualifications in other subjects.

Foundation year entry requirements

  • 5 GCSE passes at grade 3 or D or above and evidence of two years post-GCSE study at Level 3
  • If you have achieved at least grade E in one A level, or equivalent, you are exempt from the two year post-GCSE study requirement, but you still have to meet the GCSE requirements
  • If English is not your first language you will be expected to demonstrate a certificate level of proficiency of at least IELTS 5.5 overall including 5.5 in each band/component
International students

We welcome applications from international and EU students, and accept a range of international qualifications.

English language requirements

If English is not your first language, you'll need to make sure you meet our English language requirements for postgraduate courses.

Improving your English language skills

If you don't meet our English language requirements, we offer a range of courses which could help you achieve the level required for entry onto a degree course.

We also provide our own English Language Proficiency Test (ELPT) in the UK and overseas. To find out if we are planning to hold an ELPT in your country, contact our country managers.

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International students

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