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Business Economics (BSc Hons) L110

BSc Honours

Business Economics

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Key Course Information

Entry Year

2017

Course length

3 year(s)

A-Level Requirements *

ABB

Faculty

Arts, Humanities and Social Sciences

Attendance

Full-Time

Professional Year Out

No

UCAS Code

L110

School

Queen's Management School

*Indicative Only. Please see the Course Entry Requirements section for details on subject specific or GCSE requirements.

Overview

Business Economics is concerned with the application of economics to decision-making in both public and private sector organisations. It aims to provide the conceptual tools necessary to facilitate an understanding of the economic nature of organisations, the incentive properties of an organisation's internal structures, the nature of its competitive environment and the reasons for the regulatory structures within which organisations function.

Why Queen's?

Placements: opportunities exist for students to avail of summer and year-long placements with a variety of organisations including HM Treasury and major consultancy firms. Study USA provides funded opportunities for study at a US university.

Prizes

KPMG Prize is awarded to the graduate with the highest performance in the BSc (Business Economics) degree
Shaw Memorial Prizes are awarded to the two best performing second-year students in the BSc (Business Economics) and the BSc (Economics) degrees
UTV Media Prize is awarded to the best graduate in the BSc (Business Economics) degree

Entry Requirements

 

Selection Criteria

In addition to the entrance requirements below, it is essential that you read the How We Choose Our Students pdf prior to submitting your UCAS application.

Entrance Requirements

A-level: ABB + GCSE Mathematics grade B

Irish Leaving Certificate: H3H3H3H3H3H3/H2H3H3H3H3 + if not offered at Higher Level then Ordinary Level grade O3 in Mathematics

International Students

For information on international qualification equivalents, please click on Your Country in the International Students website.

If you are an international student and you do not meet the entrance requirements, you should consider a preparation course at INTO Queen's University Belfast, which will prepare you for successful study on these degree courses. INTO at Queen's is based on the University campus and offers a range of courses including the International Diploma in Management and Finance.

For students whose first language is not English

An IELTS score of 6.5 with a minimum of 5.5 in each test component or an equivalent acceptable qualification, details of which are available at: http://go.qub.ac.uk/EnglishLanguageReqs

If you need to improve your English language skills before you enter this course, our partner INTO Queen's University Belfast offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability to entry to this degree. Please click the links below for more information:

  • English for University Study: an intensive English language and study skills course for successful university study at degree level
  • Pre-sessional English: a short intensive academic English course for students starting a degreeprogramme at Queen's University Belfast and who need to improve their English

How To Apply

How to Apply

Applications for admission to full-time undergraduate and sandwich courses at the University should normally be made through the Universities and Colleges Admissions Service (UCAS). Full information can be obtained from the UCAS website at: www.ucas.com/apply.

When to Apply

UCAS will start processing applications for entry in Autumn 2017 from 1 September 2016.

The normal closing date for the receipt of applications is 15 January 2017.

For candidates applying to Oxford or Cambridge and for those whose choices include Medicine, Dentistry or Veterinary Medicine/Science the closing date is 15 October 2015.

Currently there are two intakes to Adult Nursing (one in September and the other in February).Those applying for entry in February 2016 should apply prior to 15 January 2015.

Applicants are advised to apply as early as is consistent with having made a careful and considered choice of institutions and courses.

Earlier applicants normally receive decisions more quickly, however, UCAS accepts that some applicants, especially those from outside the UK, may find this difficult. Late applications are, in practice, accepted by UCAS throughout the remainder of the application cycle, but you should understand that they are considered by institutions at their discretion, and there can be no guarantee that they will be given the same full level of consideration as applications received by the advisory closing date.

Take care to enter the details of the institutions and courses clearly and correctly on the application. For Queen's, the institution code name is QBELF and the institution code is Q75. These should be entered in the Choices section of your UCAS application. Please note a Campus Code is not required. For further information on applying to study at Queen’s, please click here.

Course Content (including module information)

The emphasis of this degree is on those aspects of economics that are of most importance in a business setting. Students study both Applied Economics and Economics of Organisations in the first year, along with Accounting, Finance and Management modules. In Years 2 and 3 students also study Applied Economics subjects such as Managerial Economics. This programme is complemented by a range of optional subjects from Management and Finance.

With the flexibility in this degree, students should not only develop good numeracy skills, but also specialisation in quantitative aspects of the subject. Students will take modules in:

Year 1

  • Accounting for Non-Specialists
  • Applied Economics
  • Introduction to Business Economics
  • Financial Institutions and Markets
  • History and Philosophy of Management
  • Quantitative Methods

Year 2

  • Macroeconomic Policy and Performance
  • Managerial Economics
  • Data Analysis and Optimisation

    Plus three electives from:

  • Financial Decision Making
  • Financial Market Theory
  • Human Resource Management
  • International Business
  • Principles of Marketing

Year 3

Students will take one elective from either International Trade and Development or Advanced Business Economics in the first semester, oneelective from either Public Economics or Economic History in the second semester, two electives fromthe Management modules below plus two optional modules from either Economics or Management.

 Semester 1 optional modules

  •  Business Analysis
  •  Economic History
  •  Entrepreneurship
  •  Labour Economics
  • Supply Chain Management

 Semester 2 optional modules

  •  Business Ethics
  •  Business Strategy
  •  Changing Organisations
  •  International Trade
  • Managing Innovation
  •  Public Economics
  • The Economics of Corporate Strategy

Fees & Scholarships

There are different tuition fee and student financial support arrangements for students from Northern Ireland, those from England, Scotland and Wales (Great Britain), and those from the rest of the European Union. Higher education funding arrangements mean that students can study now and pay later.

Further details can be found on our fees and funding section.

Queen's works to ensure that all those who can benefit from a university education have the chance to do so, and a generous system of financial support is in place to help them. Each year Queen’s offer a range of scholarships and prize for new students. The most up to date listings are available here.

For international students, information on tuition fees, can be found here. Information on scholarships for international students, can be found here.

Learning and Teaching

Queen’s University Management School is one of the largest Schools in the University with more than 1300 full-time undergraduate students and 300 plus postgraduate students.  The School has been delivering high quality programmes for more than 40 years and was one of the first schools in the UK to introduce undergraduate management education.  Since then, QUMS has been developing and enhancing its teaching portfolio for both local and international students and boasts students from more than 20 different nationalities. 

In recent years, the School has benefited from significant investment resulting in many new academic appointments and state-of-the-art facilities including computer teaching labs with specilaised software and a Trading Room in Riddel Hall.  In addition, the new McClay library houses an excellent selection of Management and related texts and there are extensive IT facilities throughout the campus. 

At Queen’s, we aim to deliver a high quality learning environment that embeds intellectual curiosity, innovation and best practice in learning, teaching and student support to enable student to achieve their full academic potential.  In line with this, one of QUMS’ primary objectives is to deliver innovative learning and teaching programmes that provide students with the competences and skills to make a positive contribution to business, economic and civic life. 

On the BSc Business Economics programme we achieve these goals by providing a range of learning environments which enable our students to engage with subject experts both academic staff and industry guest speakers, develop skills and attributes and perspectives that will equip them for life and work in a global society and make use of innovative technologies and a world-class library that enhances their development as independent, lifelong learners. Examples of the opportunities provided for learning on this degree programme are: 

  • Lectures: these introduce foundation information about new topics as a starting point for further self-directed private study/reading.  As the module progresses this information becomes more complex.  Lectures, which are normally delivered in large groups to all year-group peers, also provide opportunities to ask questions and seek clarification on key issues as well as gain feedback and advice on assessments.  Additional lectures are also delivered by employer representatives and staff from a range of organisations are involved in the delivery of workshops and more practical sessions. In addition to the academic content of the lectures and workshops, this enables employers to impart their valuable experience to QUMS Business Economics students, introduces important local employers to our students and allows our students to meet and engage with potential future employers. 
  • Seminars/tutorials: a significant amount of teaching is carried out in small groups (typically 15-20 students). These sessions are designed to explore, in more depth, the information that has been presented in the lectures.  This provides students with the opportunity to engage closely with academic staff who have specialist knowledge of the topic, to ask questions of them and to assess their own progress and understanding with the support of their peers. During these classes, students will be expected to present their work to academic staff and their peers.
  • Computer-Based and Other Practical Sessions: these provide students with the opportunity to develop technical skills and apply theoretical principles to real-life or practical contexts..
  • E-Learning technologies:information associated with lectures and assignments is often communicated via a Virtual Learning Environment (VLE) called Queen’s Online.  A range of e-learning experiences are also embedded in the degree programme through the use of, for example, interactive support materials, podcasts and web-based learning activities.
  • Self-directed study:  this is an essential part of life as a Queen’s student when important private reading, engagement with e-learning resources, reflection on feedback to date and assignment research and preparation work is carried out.
  • Work placements: The BSc Business Economics programme does not have a compulsory placement year. However, the School actively supports any student who wishes to avail of an optional placement year, normally between the second and final year of the degree programme.  The School has a dedicated Placement Office which facilitates students in sourcing and securing appropriate placements which will augment their classroom-based learning experience.  In addition, the School encourages students to seek other work-based and/or educational related experiences, whether that is through the summer placement programme (a 3-4 month internship in a local organisation working on a very specific project), Erasmus programmes with other European Universities, or studying abroad in universities with which the School and/or University has an existing relationship.
  • Student Support Systems: QUMS has an active and co-ordinated student support system to assist students in making the transition from school to university. This includes:
  • assigning each student an Adviser of Studies to assist with the choice of modules at the beginning of each academic year;
  • assigning each student a Personal Tutor (an academic member of staff) when they begin the degree programme.  The Personal Tutoring System includes individual scheduled appointments with personal tutors, small group tutor meetings (4-5 students) and e-mail contact to discuss academic matters, academic performance, skills development, careers and/or prospective placements and issues related to University policies and practices.  Students meet their Personal Tutor at induction and during the first and second year of study they are expected to meet with their Personal Tutor at least once per semester.
  • A Peer Mentoring Scheme whereby students in second and third year of their degree programme volunteer to mentor Level 1 students. Developing the programme themselves, with support from academic staff in QUMS, the mentors organise informal meetings, regular contact and a series of events ranging from ice-breaker type events to employer-led sessions with the Level 1 students.
  • a formalised induction for all undergraduate students.  For Level 1 students, this includes several half-day sessions the week before the programme begins to allow students to familiarise themselves with the campus and the degree programme.  During Level 1 there are a number of follow-up sessions throughout the year. Topics such as academic writing, referencing, plagiarism, communication skills, examination preparation and managing time effectively are all covered in these practical sessions.
  • Personal Development Planning to encourage students to engage in independent learning.

Career Prospects

This degree prepares students for a variety of careers in the public and private sectors.

Previous graduates have been employed as professional economists or as managers or administrators. Depending on the choice of modules, this degree also prepares students for postgraduate studies in Economics and related disciplines.

Those pursuing a career in Business Economics should be effective communicators and work well with people, as they will have to analyse and interpret a range of information to meet

the needs of different users, including managers and investors. Business Economists must be prepared to take on challenges and be able to adapt to a constantly changing and dynamic business environment.

Many of the skills that students will acquire during their studies at Queen‘s will be of great value in a range of different career and life situations. Core transferable skills include the ability to learn independently, problem solve, understand and interpret economic, financial and business-specific information and work productively as part of a team.

Students graduating with a degree in Business Economics from Queen‘s are well placed to secure a range of employment opportunities in economics and management in the public and private sectors. In recent years, students have secured positions in economic analysis and appraisal with a range of government and other public sector organisations, careers in banking, as well as more generalist positions in business and management.

Further study is also an option open to BSc Business Economics graduates, who can choose from a wide range of Master's programmes as well as a comprehensive list of research topics; see the School website for more information

The Prospects website provides further information regarding the types of jobs that attract BSc Business Economics graduates.

Further study is also an option open to BSc Business Economics graduates. Students can choose from a wide range of Masters programmes as well as a comprehensive list of research topics, as shown on the Queen’s University Management School website.

Other Career-related information: Queen’s is a member of the Russell Group and, therefore, one of the 20 universities most-targeted by leading graduate employers.  Queen’s students will be advised and guided about career choice and, through the Degree Plus initiative, will have an opportunity to seek accreditation for skills development and experience gained through the wide range of extra-curricular activities on offer.  See Queen’s University Belfast fullEmployability Statementfor further information.

Assessment & Feedback

Assessment (general):  The way in which students are assessed will vary according to the learning objectives of each module.  Details of how each module is assessed are shown in the Student Handbook which is provided to all students during their first year induction. Modules are typically assessed by a combination of continuous assessment and a final written unseen examination. Continuous assessment consists of: class tests, computer generated practical experiments where students have to manipulate economic-related data, case study research and analysis of a particular organisation and its business issue, academic essays exploring a specific economic issue such as the impact of inflation on a specific region, or the importance of environmental economics etc. and small group project and presentations whereby groups of three/four students work on a particular business economics related task.

Feedback (general):  As students progress through their course at Queen’s they will receive general and specific feedback about their work from a variety of sources including lecturers, module co-ordinators, placement supervisors, personal tutors, advisers of study and peers.  University students are expected to engage with reflective practice and to use this approach to improve the quality of their work. Feedback may be provided in a variety of forms including:

  • Feedback provided via formal written comments and marks relating to work that you, as an individual or as part of a group, have submitted. 
  • Face to face comment.  This may include occasions when you make use of the lecturers’ advertised “office hours” to help you to address a specific query.
  • Placement employer comments or references.
  • Online or emailed comment.
  • General comments or question and answer opportunities at the end of a lecture, seminar or tutorial.
  • Pre-submission advice regarding the standards you should aim for and common pitfalls to avoid.  In some instances, this may be provided in the form of model answers or exemplars which you can review in your own time. 
  • Feedback and outcomes from practical classes.
  • Comment and guidance provided by staff from specialist support services such as, Careers, Employability and Skills or the Learning Development Service. 

Once you have reviewed your feedback, you will be encouraged to identify and implement further improvements to the quality of your work. 

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+44 (0)28 9097 4200

Email

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