This degree allows students to understand how the economy and the financial system interact. The major in Economics includes an analysis of macro and micro-economic principles, whilst the minor in Finance provides insights into financial institutions and markets. This combination provides an excellent platform for graduates to pursue a career in economics, finance and related industries.
Economics (Major) with Finance Degree highlights
90% of Economics students were satisfied in 2018 according to National Student Survey.
- There is also the opportunity to study or work abroad, supported by schemes such as Erasmus and Study USA.
- The Study USA programme provides students with the funded opportunity to study for a year in a US university.
- Top performing students are regularly awarded prizes, scholarships and internships from leading companies, including: • Shaw Memorial Prize for best performing second-year student in BSc Economics. • Foundation Scholarships for best student in Economics Level 1 and Level 2. • KPMG Prize is awarded to the best graduate in the BSc Economics degree. • McKane Medal is awarded to the best final honours student in Economics. • Economics Group Prize is awarded to the best presentation in the Level 3 Dissertation module.
- Economics with Finance students may take an optional placement year after their second year. Recent placements from students studying economics and business economics include: PwC, KPMG, Citi, Oxford Economics, Belfast City Council, First Derivatives, and Tayto Group Ltd.
World Class Facilities
- You will have access to Bloomberg terminals in the Trading Room, giving students the skills, experience and knowledge necessary to prepare them for a career in the financial services sector. Students will also have access to specialist mathematical and statistical training and software, giving them the skills, experience and knowledge necessary to prepare them for careers in economics and business analytics.
Internationally Renowned Experts
- Many of our staff are leading international experts in their fields of research.
- Students can join the Economics Society, a student-run organisation which aims to educate its members on the use of economics in practice through guest speakers, field trips abroad and educational seminars.
“The course provides a balance and comprehensive understanding of economics and finance. Final year provides the flexibility to choose modules that reflect my interests and career aspirations. Since year 1 at Queen's I have developed a strong skillset due to rigorous academic assessment combined with constant exposure to high quality academic staff and students.”
Mark Carvill, BSc Economics with Finance
Course Content Students will take, Applied Econometrics, and one elective from either International Macroeconomics or International Finance in the first semester. They can take up to two electives from Capital Markets, Corporate Finance, Financial Engineering or Fixed Income Instruments. A total of four modules must be selected from
Economics and two from Finance.
Year 1 • Principles of Economics
• Mathematics for Economists
• Accounting for Non-Specialists
• Statistical Methods
• Price Theory
• Financial Institutions and Markets
Year 2 • Economic Growth
• Financial Market Theory
• Managerial Economics
• Macroeconomic Policy
• Introduction to Econometrics
• Financial Decision Making
Year 3 Semester 1
• Applied Econometrics (compulsory)
• International Macroeconomics
• Economic History
• International Finance
• Capital Markets
• Financial Engineering
• Economics of Networks and Institutions
• International Trade
• Public Economics
• Economics Dissertation
• Corporate Finance
• Fixed Income Instruments
People teaching you
Queen’s Management School
Heather Dickey is a labour economist with interests in regional economics, particularly in the areas of inequality, labour mobility, and policy evaluation.
Contact Teaching Times
Large Group Teaching 6 (hours maximum)
hours of lectures
Medium Group Teaching 6 (hours maximum)
hours of practical classes, workshops or seminars each week
Personal Study 24 (hours maximum)
22–24 hours studying and revising in your own time each week, including some guided study using handouts, online activities, etc.
Small Group Teaching/Personal Tutorial 2 (hours maximum)
hours of tutorials (or later, project supervision) each week
Learning and Teaching
On the BSc Economics with Finance 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:
- Adviser of Studies
To assist with the choice of modules at the beginning of each academic year
- 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.
Formalised induction for all undergraduate students. For Stage 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 Stage 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.
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 Economics students, introduces important local employers to our students and allows our students to meet and engage with potential future employers.
- Peer Mentoring Scheme
Whereby students in second and third year of their degree programme volunteer to mentor Stage 1 students. Developing the programme themselves, with support from academic staff in QMS, the mentors organise informal meetings, regular contact and a series of events ranging from ice-breaker type events to employer-led sessions with the Stage 1 students.
- Personal Development Planning
To encourage students to engage in independent learning.
- 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.
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.
- Student Support Systems
QMS has an active and co-ordinated student support system to assist students in making the transition from school to university.
- Work placements
The BSc 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.
Details of assessments associated with this course are outlined below:
- 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 macroeconomic issue, academic essays exploring and critiquing specific economic issues and small group project and presentations whereby groups of three/four students work on a particular economics related task to provide possible solutions.
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.
Students have access to Bloomberg software, a market leader in financial news, data and analytics, which is used by many financial institutions. The Trading Room allows for an interactive and exciting learning environment which brings textbook theory to life.
- Adviser of Studies
In addition, to the entrance requirements above, it is essential that you read our guidance below on 'How we choose our students' prior to submitting your UCAS application.Read more Read less
Applications are dealt with centrally by the Admissions and Access Service rather than by Queen's University Management School. Once your application has been processed by UCAS and forwarded to Queen's, an acknowledgement is normally sent within two weeks of its receipt at the University.
Selection is on the basis of the information provided on your UCAS form, which is considered by a member of administrative staff from the Admissions and Access Service and, if appropriate, the Selector from the School. Decisions are made on an ongoing basis and will be notified to you via UCAS.
Applicants for the BSc Honours in Economics with Finance must be able to satisfy the University's General Entrance Requirement and in addition all applicants must have GCSE Mathematics at grade A or above. There are no specific subjects required at A-level. Offers are normally made in terms of grades rather than UCAS Tariff points.
Past performance at GCSE level is taken into account when deciding to make conditional offers. The GCSE threshold may vary from year to year, but as a general guide, offers are normally made to applicants who have achieved 1A and 5Bs at GCSE. The final threshold is not usually determined until late in the admissions cycle, so there may be a delay in processing applicants who do not meet the initial requirements.
Offers are normally made on the basis of 3 A-levels. Two subjects at A-level plus two at AS would also be considered.
Applicants offering other qualifications, such as BTEC Extended Diplomas, Edexcel Higher National Certificates and Diplomas, the International Baccalaureate, Irish Leaving Certificate or an Access course, will also be considered.
The same GCSE profile is usually expected of those applicants taking a BTEC Extended Diploma qualification or a Higher National Certificate (HNC).
The current entrance requirements for applicants offering a BTEC Extended Diploma are successful completion of the BTEC Extended Diploma (180 credits at Level 3) with 120 credits at Distinction and 60 credits at Merit. For applicants offering a HNC, the current requirements are successful completion of the HNC with 2 Distinctions and remainder Merits.
For those offering a Higher National Diploma, some flexibility may be allowed in terms of GCSE profile but, to be eligible for an offer, at least half of the units completed in the first year of the HND must be at Merit level and remainder Passes. Applicants must successfully complete the HND with Merits in all units assessed in the final year. Any consideration would be for stage 1 entry only.
Applicants offering Access/Certificate in Foundation Studies courses will be considered individually on their own merits and for last year the standard was an overall average of 70% in Level 3 modules including 70% in all Mathematics modules (which must be equivalent to GCSE standard).
In addition to the academic requirements above, the information provided in the personal statement section and the academic reference together with predicted grades are noted, but these are not the final deciding factors as to whether or not a conditional offer can be made. However, they may be reconsidered in a tie break situation in August.
A-level General Studies and A-level Critical Thinking will not normally be considered as part of a three A-level offer and, although they may be excluded where an applicant is taking 4 A-level subjects, the grade achieved could be taken into account if necessary in August/September.
If you are made an offer then you may be invited to an Open Day organised by Queen's University Management School, which is usually held in the second semester. This will allow you the opportunity to visit the University, to find out more about the degree programme of your choice, the facilities on offer together with a flavour of the academic and social life at Queen's.
For information on international qualification equivalents, please check the specific information for your country.
English Language Requirements
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 degree programme, INTO Queen's University Belfast offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for admission to this degree.
- Academic English: 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 degree programme at Queen's University Belfast and who need to improve their English.
International Students - Foundation and International Year One Programmes
INTO Queen's offers a range of academic and English language programmes to help prepare international students for undergraduate study at Queen's University. You will learn from experienced teachers in a dedicated international study centre on campus, and will have full access to the University's world-class facilities.
These programmes are designed for international students who do not meet the required academic and English language requirements for direct entry.
The INTO progression course suited to this programme is
- International Year One
The INTO progression course suited to this programme is
INTO - English Language Course(QSIS ELEMENT IS EMPTY)
Students graduating with a degree in Economics from Queen’s are well placed to secure a range of employment
opportunities in economics and related areas 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, specialist careers in banking and investment appraisal, as well as more generalist positions in economic consulting.
Employment after the Course
Typical career destinations of graduates include:
Managers and Administrators in areas such as market research, advertising, sales and personnel
Education, health or government departments
Graduate employers include: PwC; KPMG; Capita; Ulster Bank; Citi; Northern Ireland Civil Service, The Treasury, Dow Chemical, BT
“I provide strategic insight into the Bank of Ireland’s key markets in the UK and am responsible for all its economic and market research, briefings and presentations in Northern Ireland.”
Alan Bridle, Graduate in BSc Economics
Head of Economics and Market Analysis, Bank of Ireland, London and Northern Ireland
What employers say
“For many years Oxford Economics has recruited students from Queen’s Economics degree, both for industrial placement and graduate positions. The course equips students with the theoretical knowledge and practical skills required to hit the ground running in the workplace."
David Moore, Senior Economist, Oxford Economics, Northern Ireland
Additional Awards Gained(QSIS ELEMENT IS EMPTY)
Prizes and Awards
Foundation Scholarships for best student in Economics Level 1 and Level 2
KPMG Prize is awarded to the best graduate in the BSc Economics degree
McKane Medal is awarded to the best final honours student in Economics
Shaw Memorial Prize for best performing second-year student in BSc Economics
Top performing students are regularly awarded prizes and scholarships from leading companies.
Degree plus award for extra-curricular skills
In addition to your degree programme, at Queen's you can have the opportunity to gain wider life, academic and employability skills. For example, placements, voluntary work, clubs, societies, sports and lots more. So not only do you graduate with a degree recognised from a world leading university, you'll have practical national and international experience plus a wider exposure to life overall. We call this Degree Plus. It's what makes studying at Queen's University Belfast special.
Fees and Funding
Northern Ireland (NI) £4,275 England, Scotland or Wales (GB) £9,250 Other (non-UK) EU * £4,275 International £16,400
Tuition fees for 2020-21 have not been set. Those quoted above are for students commencing study in 2019-20. These will be subject to an increase for students commencing study in 2020-21.
Tuition fee rates are calculated based on a student’s tuition fee status and generally increase annually by inflation. How tuition fees are determined is set out in the Student Finance Framework.
* The tuition fees that EU students starting courses at UK universities following the agreed transition period are required to pay will depend on what is agreed as part of the UK's exit negotiations. Please refer to www.qub.ac.uk/brexit
Additional course costs
Depending on the programme of study, there may be extra costs which are not covered by tuition fees, which students will need to consider when planning their studies.
Students can borrow books and access online learning resources from any Queen's library.
If students wish to purchase recommended texts, rather than borrow them from the University Library, prices per text can range from £30 to £100. A programme may have up to 6 modules per year, each with a recommended text.
Students should also budget between £30 to £75 per year for photocopying, memory sticks and printing charges.
Students undertaking a period of work placement or study abroad, as either a compulsory or optional part of their programme, should be aware that they will have to fund additional travel and living costs.
If a final year includes a major project or dissertation, there may be costs associated with transport, accommodation and/or materials. The amount will depend on the project chosen. There may also be additional costs for printing and binding.
Students may wish to consider purchasing an electronic device; costs will vary depending on the specification of the model chosen.
There are also additional charges for graduation ceremonies, examination resits and library fines.
Economics (Major) with Finance costs
Students who undertake optional study tours are expected to make a contribution, of approximately £150.
How do I fund my study?
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.
Information on funding options and financial assistance for undergraduate students is available at http://www.qub.ac.uk/Study/Undergraduate/Fees-and-scholarships/.
Each year, we offer a range of scholarships and prizes for new students. Information on scholarships available.
Information on scholarships for international students, is available at http://www.qub.ac.uk/International/International-students/International-scholarships/.
How and when to Apply
How to Apply
Application 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 2020 from 1 September 2019.
Advisory closing date: 15 January 2020 (18:00).
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.
Applicants are encouraged to apply as early as is consistent with having made a careful and considered choice of institutions and courses.
The Institution code name for Queen's is QBELF and the institution code is Q75.
Further information on applying to study at Queen's is available at: http://www.qub.ac.uk/Study/Undergraduate/How-to-apply/
After an offer is made this will be notified to applicants through UCAS. Confirmation will be emailed by the Admissions and Access Service and this communication will also include Terms and Conditions (www.qub.ac.uk/Study/TermsandConditions) which applicants should read carefully in advance of replying to their offer(s) on UCAS Track.
Additional Information for International (non-EU) Students
- Applying through UCAS
Most students make their applications through UCAS (Universities and Colleges Admissions Service) for full-time undergraduate degree programmes at Queen's. The UCAS application deadline for international students is 30 June 2019.
- Applying direct
The Direct Entry Application form is to be used by international applicants who wish to apply directly, and only, to Queen's or who have been asked to provide information in advance of submitting a formal UCAS application. Find out more.
- Applying through agents and partners
The University’s in-country representatives can assist you to submit a UCAS application or a direct application. Please consult the Agent List to find an agent in your country who will help you with your application to Queen’s University.
Fees and Funding
- Applying through UCAS