Business with Economics* BSc (Hons)

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

Cambridge

September

*Subject to validation.


This course is available as a 3 year degree, a 4 year degree with placement, or a 4 year extended degree.

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 4 modules

  • Introduction to Business - 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.
  • 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.
  • Working Cross Functionally - Human Resources and Marketing
    HR and Marketing are 2 key functional areas in an organisation that can work together to effectively solve business critical issues relating to organisational behaviour. You’ll develop the ability to analyse the human side of management and diagnose problems affecting performance, effectiveness, reputation and customer satisfaction. We'll provide a foundation of core theories and models for organisational behaviour and marketing management and the challenges that could be solved by successful cross-functional collaboration. These collaborations might include employer branding strategies, internal marketing, organisational change programmes and culture audits. By exploring the market position of example organisations, their internal and external communications to employees, customers and other stakeholders you'll develop collaborative cross-functional solutions to real-life problems. You'll be supporting your employability skills, such as critical analysis, organisational culture and visual identity, by outlining the types of work undertaken to support strategic organisational issues or problems.
  • 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.
  • Business 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 domestic and international business environment. The module provides a foundation across a broad range of legal issues, focusing on the nature and sources of business law, on contract law with regard to both goods and services and on the law of tort, in particular, negligence and vicarious liability and how these permeate into everyday life. There’ll also be a brief focus on the type of corporate structures and employment relationships that exist in the UK.

Level 5 modules

  • E-Business Management
    Developing appropriate strategies to harness real business intelligence and value from information remains high on the strategic agenda. E-Business is essential for managing interfaces with customers, building relationships and creating loyalty, so you’ll look at different e-business options and the models available for businesses to exploit, taking in the whole business and global engagements. As well as looking at enterprise systems on the supply side, looking at how E-Business can assist the management of the supply network, you'll also focus on design and implementation issues to ensure information and strategies are designed to suit the organisation and their competitive environment, the systems development approaches and methods available and methods available including prototyping and the option to outsource.
  • 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.
  • 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.
  • Applied 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.

Placement year (Optional)

  • Work Placement - Economics and International Business
    This is a pass/fail optional module. In a competitive job market, understanding how the professional work place functions, along with well-developed employability skills, are key to a graduate securing employment. The work placement gives you the opportunity to put into practice what would have been learned in the first two years and to enter their final year with the insights of their practical experience in the field. During this module you will undertake a work-based learning internship with a company or organisation where they will be supported in developing effective professional practices through guidance in generic and specific employability skills and through developing independent reflective learning practices to enhance your continuing professional development in the context of your own working environment. The module aims to provide you with experience of work in a business environment including familiarisation with a professional work environment. The module will be underpinned by employability skills training, reflective assessment and support from academic tutors. You will expected to be able to reflect on your experience in writing and orally, and demonstrate how you have applied theory, and learnings to date within a work-based environment. The assessment aims to support and 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 3) amounting to 9 months duration with minimum term of 3 months per placement. - Placement 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
    Undertaking a Major Project allows you to engage in a substantial piece of individual research, and/or product development work, on a selected topic within the broad business and management field, relating to your particular interests and background, although closely linked to our wide range of staff interests and research. You will have many group sessions to support your project, plus the supervision by an academic member of staff. The project also encourages students to share ideas and approaches. The chosen topic will be in your course subject area and require you to identify/formulate problems and issues based on a range of topics provided by conducting a literature review and evaluating information. You will investigate and adopt a suitable desk based methodology and determine solutions, perhaps developing hardware, software and/or media artefacts as appropriate. You will critically appraise and present your findings, reflecting upon the limitations of your research and the research process.

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

You 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

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

International students

You must pay your fees upfront, in full or in instalments. We will also ask you for a deposit or sponsorship letter. Details will be in your offer letter.

Paying your fees

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.

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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UK and EU students

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UCAScode: L100, L103

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International students

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01245 68 68 68

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International applicants

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