EconomicsTRIPLE-ACCREDITED UK BUSINESS SCHOOL AACSB, EQUIS, AMBA

£27,000 AVERAGE ECONOMICS GRADUATE SALARYDLHE 2016-17*

TOP 10 UK BUSINESS SCHOOLTHE TIMES AND SUNDAY TIMES GOOD UNIVERSITY GUIDE 2020

School of Business and Economics

PROFESSIONAL PLACEMENTS ON ALL COURSES

*Mean salary, full-time UK/Channel Islands first degree students in full-time graduate level employment or self-employed

ContentsWelcome 01

Why study Economics at Loughborough? 02

Your placement year 04

Year in Enterprise 06

Studying abroad 07

A world of possibilities 08

Inspiring graduates 10

Economics 11

Business Economics and Finance 14

Economics and Management 15

Now is an exciting and especially fascinating time to study Economics.

Economists are able to help individuals, governments and companies makebetter decisions by making sense of hugely complex and important topics likethe regulation of international financial markets, economic growthand development.

Here at Loughborough we are passionate about Economics. Consistently ranked as a top 10 UK business school, many of our staff act as advisors and consultants to governments throughout the world. Our courses will give you valuable insights into the real-world application of economic principles and concepts to current policy debates and international problems.

Studying Economics develops critical and analytical skills, problem-solvingand quantitative abilities – competencies that employers seek out. You will have the opportunity to extend your studies and stand out to employers by spending a year on a salaried professional placement or a year studying abroad.

Finally, we also pride ourselves on the excellent care and support our students receive from our staff – at Loughborough there is always someone to turn to.

Welcome

STUDY ABROAD OPTION ON ALL COURSES

Dr Alessandra Ferrari and Dr Luke GarrodCo-Directors of Undergraduate Studies

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LOUGHBOROUGH UNIVERSITY

Economics relates to every aspect of our lives, from the decisions we make as individuals to the structures created by governments and companies.

Why choose Economics at Loughborough?

It applies to a huge range of topics, from banking and finance to how labour markets work, supermarket pricing, international trade, crime, sport, social networks, transport, taxation policy …the list is almost endless.

As an economics student you’ll learn how to use economic modelling to understand the complexities of the world around us, translate your analysis into useful, actionable insights and then communicate that effectively. These are all skills highly sought after by employers.

Open up a world of possibilitiesNow is a fascinating time to study economics. Studying Economics will give you new perspectives on some of the most pressing and challenging problems and choices facing the world today.

From responding to major upheavals such as global pandemics or political reorganisations to the ever changing nature of how we do business, how people work, and how we consume goods and services – governments and organisations alike rely on expert advice from skilled economists to help them make informed decisions.

Economics can open up a wide range of careers. Wherever your career path may take you, at Loughborough we equip you with lifelong transferable skills so you’re ready to adapt to new challenges, make confident decisions and open up a world of possibilities for your future career.

Join a triple-accredited top 10 UK business schoolWe’re consistently ranked as a top 10 business school in national league tables. We also hold triple-accreditation from AACSB, EQUIS and AMBA – ensuring the highest quality of education from teaching and research to student support and facilities.

Practical, relevant and applied teachingHere we offer much more than just undergraduate degrees; our courses are designed to meet the needs of industry, influenced by our experiences with over 2000 global corporate partners, and the leading research and expertise of our internationally renowned academics.

All our courses give you a solid grounding in all the fundamentals of economics and offer a range of optional modules in economics, business, finance and management from which you can tailor your degree to suit your career aspirations.

We also help you develop essential skills employers are looking for both inside and outside the classroom, from computer literacy, problem solving and working in groups to stepping out of your comfort zone with a society or enterprise opportunity.

Supporting you to achieve your personal bestA wide range of support is available right across campus for almost every situation so there is always someone to talk to if you need help or advice. In addition to the Programme Director for your degree, you will have a Personal Tutor to monitor and advise you on your academic progress, provide pastoral advice and support when required; and help you make the most of the wide range of opportunities available at Loughborough.

“The teaching quality is amazing. Lecturers constantly think of innovative ways to help us understand difficult concepts, ensuring that we remain motivated and engaged.”

MichaelaBSc Economics

FOR ECONOMICSTHE TIMES AND SUNDAY TIMES GOOD UNIVERSITY GUIDE 2020

LOUGHBOROUGH IS ONE OF THE TOP 25 UK UNIVERSITIES TARGETED BY LEADING EMPLOYERSTHE GRADUATE MARKET IN 2020, HIGH FLIERS RESEARCH

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All our economics courses are offered as three-year or four-year courses. Our four-year pathway offers the opportunity to spend a year on placement, studying abroad, or a combination of both. You can even do a self-employed placement as part of our ‘Year in Enterprise’ scheme if you wish.

Final year students who chose our four-year pathway regularly comment on how these opportunities aided their understanding of the material we teach in the final year and their employability prospects.

Your placement year

Discover Flora and Jake’s experiences on placement. Watch their video at lboro.ac.uk/sbe/placements

Placement yearWe were one of UK’s first business schools to include a year-long placement in our degrees. Our decades of experience mean we now work with over 2000 organisations worldwide from multinationals like Goldman Sachs, Microsoft and Walt Disney right through to SMEs and start-ups.

Why do a placement?• Test-drive a career and fine tune your final year choices• Typically, 1/3rd of placement students are offered a

graduate job with their placement employer• Become more confident, mature in outlook, ready to take

on responsibility and focussed on your career objectives• Stand out to employers at job interviews

Extensive and tailored supportWhilst it’s ultimately your responsibility to secure your placement, our dedicated Placements Office have an exceptional success rate of helping students secure a placement.

On top of vacancy alerts and support for applications, interviews, and assessment centres, Loughborough also hosts two major events right here on campus:• An annual 2-day Employer Speed Presentation event,

typically hosting 35-40 companies (exclusive to business and economics students)

• UK’s largest annual Graduate and Placements fair, typically hosting over 200 employers

lboro.ac.uk/sbe/placements

Options and combinations to suit youWe’re really flexible to help you build the year you want. You have the option to do any of the following:

You don’t have to decide anything until year two and there’s lots of help from our dedicated placements and study abroad offices.

ONE YEAR SELF-EMPLOYED

PLACEMENT as part of our

‘Year in Enterprise’ scheme

ONE YEAR STUDYING ABROAD

or at two partner universities for

six months each

0504

ECONOMICSLOUGHBOROUGH UNIVERSITY

ONE YEAR ON PLACEMENT

up to three placements

PLACEMENT & STUDYING ABROAD

six months on placement and six

months studying abroad

PAID PLACEMENTSAVAILABLE ON ALL COURSES

Year in EnterpriseInstead of doing a placement at an existing company or studying abroad, you can set up and run your own business as a self-employed placement instead.

Examples of the sorts of businesses our students have set up include:• sports clothing• healthy snacks• property• mountain bikes

• art and illustration• robots• delivery boxes• education software

Competition for the limited amount of places is fierce, however there is a lot support to work through the feasibility of your business idea before you apply in year two. We offer exceptional support throughout your ‘year in enterprise’, ranging from workshops and academic support to a ‘training boot camp’.

lboro.ac.uk/sbe/year-in-enterprise

“I saw this as a once in a lifetime opportunity to take this risk and work for myself on something I wanted to build from the ground up.”

EmanueleYear in Enterprise student

Studying abroadStudying abroad offers you an unforgettable opportunity to travel, immerse yourself in another culture and stand out to employers.

Develop your employabilityBy going out of your comfort zone, you’ll develop skills highly prized by employers, such as:• adapting quickly to unfamiliar situations• an international outlook• learn to trust your own decision making • intercultural networking skills

Where can I go?Places at some partner universities are highly competitive:EuropeAustriaDenmarkFinlandFranceGermanyItalyNetherlandsPortugalSpainSwitzerland

Rest of the worldCanadaChileChinaHong Kong SAR, ChinaJapanSingaporeTaiwanThailandUruguayUSA

Do I need foreign language skills?This is not essential as our partner universities teach in English. However, it is a great opportunity to improve your foreign language skills; you can take language courses during your studies abroad and you can also take extracurricular language classes at Loughborough before you go.

What support do I get?Our dedicated International Relations Office supports you through all aspects of the journey, from finding out about available opportunities to securing a place at a partner university, right through to planning your time abroad.

lboro.ac.uk/sbe/studyingabroad

“When I graduate I’m now also looking at roles outside of the UK – I miss that excitement of being somewhere new!”

Maya Final year student

Watch Maya’s video at lboro.ac.uk/sbe/studyingabroad

STUDY ABROAD OPTION ON ALL COURSES

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Our aim is to inspire and develop the economists of the future so we make every effort to help you develop your employability, both inside and outside of the classroom.

Every course includes a core module that will equip you with key skills in how to study effectively, secure a placement and develop your employability. We encourage and support you to develop your enterprise skills. Extracurricular enterprise opportunities on campus include networking events, business planning competitions, and support services for students with real business ideas.

Clubs and societiesLoughborough Students’ Union offers so many opportunities to improve your employability, from organising events to helping local businesses or fundraising. There are over one hundred clubs and societies to get involved in – from business and economics related societies to TEDx or Salsa dancing!

Award-winning careers supportAll the support you’d expect plus:• UK’s largest annual Graduate and Placements fair,

typically hosting over 200 employers• A packed schedule of employer drop-in sessions• Skills masterclasses with input from leading employers

Graduate Destinations• Accenture – Analyst• Allied Irish Bank – Corporate Business Lender• Aviva – Trainee Accountant• Citigroup – Analyst• Deloitte – Associate Auditor• Deutsche Bank – Finance Analyst• Experian – Data Analyst• Jaguar Land Rover – Financial Analyst• Morgan Stanley – Trade Support Analyst• PwC – Tax Consultant• RBS – Marketing Executive• Smith & Williamson – Trainee Chartered Accountant• The Economist – Analyst• Zurich – Financial Adviser

A world of possibilities

IN THE UK FOR EMPLOYER-STUDENT CONNECTIONS

QS GRADUATE EMPLOYABILITY RANKINGS 2020

“Being at a university full of motivated and ambitious individuals has really inspired me to adopt a mentality

of wanting to achieve as much as possible.”

Rajesh SundaBSc Economics

GOLDTEACHING EXCELLENCE FRAMEWORK

HOME TO ONE OF THE UK’S LARGEST ANNUAL CAREERS FAIRS

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Inspiring graduates

Our Economics graduates are eagerly sought by leading employers and go on to have very successful careers in a wide range of industries and job roles.

No matter what career paths our graduates take, they always remain grateful for their Loughborough experiences and the skills gained from our courses. Here is what a few of our graduates have to say about their time here.

To read more from our graduates visit lboro.ac.uk/sbe/ug-graduates

EmmaBSc Economics graduateBusiness Science Manager, Mediacom

“The quality of everything at Loughborough is of a very high standard. I really enjoyed being part of the campus community at Loughborough. The facilities are second to none and my lecturers were great – I still keep in touch with the School now and get involved where I can with student presentations and careers advice so that I can share my experience with current students.”

StewartBSc Economics with Accounting Graduate Director with the Financial Services Audit Practice, Deloitte

“Loughborough always had an excellent reputation but there has always been a strive for continual improvement. The University seeks to provide an environment for high performance which encompasses world class facilities, first class teaching and research excellence which gives its students the best possible chance of success.”

Andrew Fisher OBEChairman at Rightmove, previously Executive Chairman at ShazamBSc Economics graduate, Loughborough University

Currently Chairman at Rightmove, Andrew played a highly influential role at Shazam, first as its CEO then as Executive Chairman. During that time, he helped transform the company from a small music start up with global ambitions to a $1 billion advertising giant. Here he shares with us the highs of his career, how his experiences at Loughborough helped him get there, and how it feels to have his achievements recognised with an OBE.

Why did you choose to study economics?Economics touches on so many aspects of business and the world in which we live. I use what I learnt at Loughborough every day. At Shazam for example, I worked for a global business which is significantly influenced by economic development and international trade.

We live in a data driven society where consumers expect personalised and contextually relevant products and services. Huge amounts of data have been collected for some time and the opportunity now is to turn this information into intelligence so that it becomes actionable and can be used to add value to people’s lives. Being able to interpret and utilise data will become a core skill for all business and economics graduates.

“Economics touches on so many aspects of business and the world in which we live. I use

what I learnt at Loughborough every day.”

Loughborough economics graduate Andrew Fisher has had a highly distinguished career and received an OBE for his services to the digital economy.

Why Loughborough?I knew I wanted to come to Loughborough before I even started my A levels, primarily because of the academic course and the University’s reputation for sport.

I quickly realised though that there are so many more opportunities, and became heavily involved in my Hall of Residence, as well as trying out new experiences such as hand-gliding and skiing – both of which I was the worst student by far at!

What life-lessons did you learn at Loughborough?I can’t help but smile when I think of all the experiences I enjoyed as Chairman of Royce Hall. I learnt how important a team is through our Hall committee and how it is more effective to lead from within a team. From counselling students who might have been having a harder time away from home, to my first experience of press relations – all of these experiences have helped me in my career.

I realised other people were better than me, whether that be academically or in my chosen sports, and learnt to not accept feeling dissatisfied. This led to me pursuing other things which gave me great pride and satisfaction.

Loughborough helped foster my entrepreneurial spirit and gave me the skills that I have used throughout my career. I realised that you can pursue anything you want to and the greatest challenge sometimes is just to recognise this in yourself.

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lboro.ac.uk/ug2021/sbe Placement opportunity Study abroad Additional award

Economics

Economics relates to every aspect of our lives, from the decisions we make as individuals to the structures created by governments and companies. Economics will give you new perspectives on some of the most pressing and challenging problems and choices facing the world today.

As an economist you will develop the skills to understand how consumers and firms interact and behave, how government policy affects the economy and how financial systems operate. By providing an in-depth analysis of firms’ decision making in a variety of settings, economics can help business managers make better pricing, production and investment decisions. This flexible course allows you to specialise in the final year by choosing optional modules that are most suited to your career aspirations.

Course structureIn the first two years you will develop a thorough understanding of the latest developments in economic analysis and policy application. Your personal skills will be developed through a range of modules building your ability to present, analyse data and work in groups. Modern economics relies heavily on model-building and statistical skills, and these skills form a core part of the course in the second year.

It is in the final year that students enjoy the maximum choice and flexibility. The final year consists of modules in advanced macroeconomics, microeconomics and applied econometrics. Alongside these, you choose options from within general areas of study such as international trade, money and finance, industrial economics and a wide range of specialised areas of applied economics such as the economics of developing countries and environmental economics.

Extended four-year degreeYou can choose to extend your degree and boost your employability by opting to study abroad or by taking a salaried professional placement between the second and final year of your degree.

Career opportunitiesGraduates enter such diverse fields as banking, accountancy, economic consultancy, financial analysis, financial management, personal wealth management, marketing, and general management.

BSc (Hons) DPS/DIntS*: 4 years full-time with placement yearUCAS code: L10A

BSc (Hons): 3 years full-timeUCAS code: L100

Typical offersA level: AAB (excluding General Studies, Critical Thinking, Communication and Culture, and Citizenship Studies)IB: 35 (6,6,5 HL) with 5 in English SL and 4 in Maths SL (or 6 in Maths Studies)BTEC Level 3 Qualifications: National Extended Certificate: Distinction plus two A levels (one of which must be from our preferred subject list) at grades AB. National Diploma: DD plus one preferred A level at grade B. National Extended Diploma: D*D*D – preferred subject BusinessGCSE: Majority 7/6 (A/B) grades at GCSE including minimum grade 6/B in Maths and English Language

*Diploma in Professional/International Studies

Entry requirements correct at the time of print. Please check our website for the latest version and other qualifications.

“The thing that I will treasure most about my time at Loughborough is the amount of time my lecturers were willing to spend outside lectures to support and encourage me to explore independent trains of thought.My placement working in tax consultancy in Zurich, Switzerland gave me the chance to dip my feet into something which I do not want to pursue on graduating but which interested me.Your degree is what you make it; be interested, ask questions, read widely and get involved in as much as possible!”

Chris BSc Economics

“The highlight of my time at Loughborough has to be my placement at Mercedes Formula One.

I had the time of my life at their Operations Centre in Brackley as a finance placement student. I took part in race wins, world championship celebrations, worked with senior engineers for my projects and even got involved as a race engineer during live grand prix weekends. I gained career direction, an improved work ethic and a greater understanding of my studies. It’s helped me secure a graduate role with the Ministry of Defense as well as perform better in my final year.”

RhysBSc Business Economics and Finance finalist

“We are very lucky at Loughborough to have lecturers who have real world experience and can relate economic theory to their past experiences to help you better understand it.

I am hoping to go into a career in the financial sector as an analyst. My finance modules have given me good grounding in the theoretical knowledge that will be required and my data-based modules have given me the skill set to solve problems that I will inevitably face.

The econometrics modules, which underpin the quantitative aspects of the course, are hugely applicable to industry and have taught me to use two pieces of software that employers look for. I am now actively looking for a graduate role and a lot of the jobs I am considering specifically require the ability to use this software.”

PollyBSc Economics finalistlboro.ac.uk/sbe/ec

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Business Economics and FinanceBSc (Hons) DPS/DIntS*: 4 years full-time with placement yearUCAS code: LN14

BSc (Hons): 3 years full-timeUCAS code: L1NK

Typical offersA level: AAB (excluding General Studies, Critical Thinking, Communication and Culture, and Citizenship Studies)IB: 35 (6,6,5 HL) with 5 in English SL and 4 in Maths SL (or 6 in Maths Studies)BTEC Level 3 Qualifications: National Extended Certificate: Distinction plus two A levels (one of which must be from our preferred subject list) at grades AB. National Diploma: DD plus one preferred A level at grade B. National Extended Diploma: D*D*D – preferred subject BusinessGCSE: Majority 7/6 (A/B) grades at GCSE including minimum grade 6/B in Maths and English Language

*Diploma in Professional/International Studies

Entry requirements correct at the time of print. Please check our website for the latest version and other qualifications.

The global financial services industry has generated a very strong demand for economists with specialised knowledge of financial systems and markets. By combining both economics and finance, this course will equip you with the skills to succeed in this sector.

You will study how firms and consumers behave in different market settings, how capital markets operate and how financing decisions can improve the performance and efficiency of organisations.

You will learn to interpret, communicate and apply financial information, appraise alternative investment opportunities and to evaluate and devise an optimal portfolio of assets. You will obtain a thorough understanding of decision making within financial and capital markets and the type of financial instruments that are traded in these markets, and how these markets interact with the economy as a whole.

By combining both economics and finance, you will develop a range of skills to enable organisations to improve strategic decision making, portfolio planning and risk management.

Course structureThe first two years of the course develop your understanding of the essential core of economics. You have the opportunity to study more specialised subjects such as financial economics in the second year and asset pricing and/or corporate finance and derivatives in the final year.The final year offers you more flexibility to specialise even further by choosing optional modules that are best suited to your career aspirations.

Extended four-year degreeYou can choose to extend your degree and boost your employability by opting to study abroad or by taking a salaried professional placement between the second and final year of your degree.

Career opportunitiesGraduates from this course enter fields as diverse as economic consultancy, insolvency, market analysis, accountancy, financial and wealth management, financial analysis, personal finance, insurance and marketing.

AmeyBSc Business Economics and Finance

“Being a student at Loughborough has pushed me to achieve more than I ever thought I could. The University has given me so many opportunities and has inspired me to continue to develop and grow. My placement in the Finance department at Joules really helped me to develop my employability. Studying at Loughborough has been the best decision I have ever made and will continue to benefit me in my future career.”

Placement opportunity Study abroad Additional award lboro.ac.uk/ug2021/sbe

lboro.ac.uk/sbe/bef

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LauraBSc Economics and Management

“I really enjoyed my course, especially because I was able to pick modules from economics as well as business, allowing me to continue to increase my knowledge and passion for economics but also allowing me to gain the skills I would need for the working world. I’ve already secured a graduate role for when I finished my studies. Studying at Loughborough has made me feel like anything is possible.”

Placement opportunity Study abroad Additional award lboro.ac.uk/ug2021/sbe

Economics and Management

Organisations today operate in a complex global environment and require dynamic, innovative managers who also have a robust understanding of economic theory in order to compete effectively.

This degree contains all the essential modules of an economics degree jointly with the core business and management modules you will need to understand how organisations behave, compete and implement change both internally and externally.

This course offers you the opportunity to combine specialised study of economics with an understanding of management in the real world, and develop key competencies valued by employers.

Course structureIn the first year you cover the core foundations of economics and businessand management. You then get to specialise by selecting optionalmodules in areas of interest to you and your career aspirations in thesecond and final year.

Unlike many other joint honours degrees of this type, the final year allows you to choose from an even split of economics and management options.

Extended four-year degreeYou can choose to extend your degree and boost your employability byopting to study abroad or by taking a salaried professional placementbetween the second and final year of your degree.

Career opportunitiesGraduates from Loughborough enter fields as diverse as economicconsultancy, management, banking, accountancy, financial management,insurance and marketing. Employers regularly place Loughborough in thetop rank of universities for graduate recruitment.

BSc (Hons) DPS/DIntS*: 4 years full-time with placement yearUCAS code: LN1F

BSc (Hons): 3 years full-timeUCAS code: LN12

Typical offersA level: AAB (excluding General Studies, Critical Thinking, Communication and Culture, and Citizenship Studies)IB: 35 (6,6,5 HL) with 5 in English SL and 4 in Maths SL (or 6 in Maths Studies)BTEC Level 3 Qualifications: National Extended Certificate: Distinction plus two A levels (one of which must be from our preferred subject list) at grades AB. National Diploma: DD plus one preferred A level at grade B. National Extended Diploma: D*D*D – preferred subject BusinessGCSE: Majority 7/6 (A/B) grades at GCSE including minimum grade 6/B in Maths and English Language

*Diploma in Professional/International Studies

Entry requirements correct at the time of print. Please check our website for the latest version and other qualifications.

lboro.ac.uk/sbe/em

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General enquiries

School of Business and Economics Loughborough University Leicestershire LE11 3TU UK

T: +44 (0)1509 223393 E: sbe.ug@lboro.ac.uk

lboro.ac.uk/sbe

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This brochure was written several months in advance of the academic year to which it applies (2021). Every effort has been made to ensure that the information contained within is accurate at the time of publishing, but updates (for example to course content) are likely to occur due to the time between publication and the course start date. It is therefore important to visit our online prospectus at www.lboro.ac.uk/study before applying to check for any updates, as this will be the most up-to-date repository of information.