Economics and Management Studies with a Professional Placement Year (BScEcon)

Entry year

2018

The joint honours degree programme Economics and Management offers students the opportunity to combine the main elements of Business Economics with a study of management.

Economics and Management at Cardiff University offers you the opportunity to combine the main elements of Business Economics with the study of management. You will be given the opportunity to pursue specialist areas of particular interest, such as marketing or employment relations.

A mixture of core and optional modules will be employed, which allows you to follow certain areas of interest, while acquiring a sound knowledge of the main elements of both subjects. Equal weighting is given to both subjects throughout the three years of the degree.

The programme will provide students with the necessary skills and knowledge, both theoretical and practical, through the professional placement year, to take on responsible positions early in a variety of careers in various sectors of banking and finance. 

Distinctive features

Distinctive features of the course include:

  • the involvement of research-active staff in Course design and delivery.
  • the emphasis on independent learning in a research-led environment.
  • the emphasis on acquisition of high quality practical skills and the development of innovative ideas.
  • flexibility, permitting graduates to pursue careers in a broad range of economic and financial areas or continue to postgraduate study.

Key facts

UCAS Code5Q32
Next intakeSeptember 2018
Duration4 years
ModeFull time with sandwich year
Admissions tutor(s)

Entry requirements

Typical A level offerAAB. You will not need to achieve these from any specific subjects but please note General Studies will not be accepted. 
Typical Welsh Baccalaureate offerThe Welsh Baccalaureate Advanced Skills Challenge Certificate will be accepted in lieu of one A-Level (at the grades listed above), excluding any specified subjects.
Typical International Baccalaureate offerIB 35-32, or 665-655 in 3 HL subjects.
Alternative qualificationsAlternative qualifications may be accepted. For further information on entry requirements, see the Cardiff Business School admissions criteria pages.
English Language requirementsIf you are an overseas applicant and your first language is not English, please visit our English Language requirements page for more information on our accepted qualifications.
Other requirementsYou will require GCSE Maths grade B or 6, and  GCSE English Language Grade C or 4. 

The Economics and Management course is a full-time four year course of study, involving both compulsory and optional modules.  You would normally attain 120 credits each year and 480 in total.

A significant proportion of the modules included in the programme are taught by the School’s Economics Section while certain modules, notably in year one, are taught by other sections of the School. 

The modules shown are an example of the typical curriculum and will be reviewed prior to the 2018/19 academic year. The final modules will be published by September 2018.

Year one

In year one you take four compulsory double modules, plus two compulsory single modules and one optional double module.

Module titleModule codeCredits
Applied Stats and Maths in Econ and BusinessBS150120 credits
Introduction to Management and OrganisationBS151010 credits
MarketingBS152820 credits
MicroeconomicsBS155120 credits
Business EnvironmentBS162910 credits
MacroeconomicsBS165220 credits
Module titleModule codeCredits
People in OrganisationsBS152920 credits
Contemporary Economic IssuesBS154520 credits
Economic HistoryBS154620 credits

Year two

In year two you take two compulsory double modules and four optional double modules.

Module titleModule codeCredits
Macroeconomic TheoryBS254920 credits
Microeconomic TheoryBS255020 credits

Year three: Sandwich year

Year three is spent on a Professional Placement. This can be a very valuable part of your programme as there are many benefits that you can gain from it:

  • you can access support throughout the application and recruitment process through tailored workshops and one-to-one advice.
  • you will be supported whilst on placement. Most students settle into their placements very quickly but we are on hand to help and to advise if you need us.
  • your academic performance should improve - students who complete a placement year generally demonstrate an improved performance in their final year.
  • you will gain an insight into an organisation and industry without any long-term obligations - this will help you with future career planning.
  • you may be able to enter an organisation at a higher level on completion of your studies
  • you will have the chance to earn whilst you study.
  • you will develop new skills and add to your CV.

It should be noted that acceptance onto this programme does not guarantee you a placement. Ultimate responsibility for securing a placement opportunity lies with the student, although our Careers and Employability team can assist you in sourcing something suitable, and in preparing you for the application and recruitment process.

We strongly advise that you start the process of finding a placement sooner rather than later. The recruitment process of many graduate employers opens around 12 months before the placements actually begin. There are often numerous stages to go through, including psychometric testing and assessment centres, and the whole process can take up to four months (sometimes longer) from beginning to end; it is really important that you start your search early.

We strongly encourage all students to source and secure paid work placements. However, we will consider unpaid placements providing it is evident that the experience allows you to meet the learning outcomes of the programme, and that you are fully aware of any financial implications.

Module titleModule codeCredits
Professional PlacementBS4020120 credits

Year four

In year four all modules are optional; three double modules are selected from one group, and three double modules, or two double and two singles, from another group.

Module titleModule codeCredits
Work and EmploymentBS353820 credits
Strategic ManagementBS354320 credits
Business ApplicationsBS354720 credits
EconometricsBS355120 credits
Financial EconomicsBS355420 credits
International FinanceBS355520 credits
International Economic HistoryBS355620 credits
Labour EconomicsBS355820 credits
Modern Business EnterpriseBS356120 credits
Macroeconomic AnalysisBS356520 credits
Microeconomic AnalysisBS356620 credits
International TradeBS356820 credits
Applied Macroeconomics and FinanceBS357020 credits
Economics of BankingBS357120 credits
Industrial EconomicsBS357220 credits
The Economics of DevelopmentBS357320 credits
Social WelfareBS357420 credits
Entrepreneurship and Small Business DevelopmentBS372720 credits
Ethics and Morality of BusinessBS372820 credits
Cultural MarketingBS374710 credits
Business DesignBS374810 credits
The University is committed to providing a wide range of module options where possible, but please be aware that whilst every effort is made to offer choice this may be limited in certain circumstances. This is due to the fact that some modules have limited numbers of places available, which are allocated on a first-come, first-served basis, while others have minimum student numbers required before they will run, to ensure that an appropriate quality of education can be delivered; some modules require students to have already taken particular subjects, and others are core or required on the programme you are taking. Modules may also be limited due to timetable clashes, and although the University works to minimise disruption to choice, we advise you to seek advice from the relevant School on the module choices available.

How will I be taught?

Our teaching is heavily informed by research and combines academic rigour with practical relevance. While our internationally recognised faculty consists of academics who are at the forefront of knowledge within their field. They bring the lessons learned from their most recent research into the classroom, giving you access to critical business thinking and contemporary real life examples and scenarios.

We will provide your teaching and learning resources, and will be responsive to your needs and views. For your part, you will need to put in the necessary amount of work both during and outside formal teaching sessions, and make good use of the facilities provided.

Most modules involve a mixture of lectures and small group teaching (called classes, seminars, workshops or tutorials). 

Lectures provide an overview of the key concepts and frameworks for a topic, equipping you to carry out independent research for the seminars and to develop your own ideas. Seminars provide an opportunity for you to explore the ideas outlined in the lectures. Seminars may take various formats, including plenary group discussion, small-group work and student-led presentations.

What is expected of me?

Students will be expected to attend all timetabled sessions and are also expected to engage in independent study.

Students are expected to adhere to the Cardiff University policy on Dignity at Work and Study.

Whilst on placement students are expected to comply with the School’s Code of Conduct for Placement Students as prescribed in the Professional Placement Handbook.

 

How will I be supported?

You will be allocated a personal tutor at the beginning of your studies. Normally, your personal tutor will teach on your own degree course and you will keep the same personal tutor throughout your course.

Your personal tutor will be able to give you advice on academic issues, including module choice and assessment. If you encounter any problems which affect your studies, your personal tutor should always be your first point of contact; she/he will be able to put you in touch with the wide range of expert student support services provided by the University and the Students' Union as appropriate. It is normally your personal tutor who writes references for job applications and therefore you should keep your personal tutor informed about how you are getting on. You are required to meet with your personal tutor three points during each academic year but you are also encouraged to get in touch with them at any other point if you need help or advice.

For day-to-day information, the staff of our Undergraduate Student Hub are available, in person, by telephone or by email, from 8am to 6pm each weekday during term time to answer your questions.

You will have access through the Learning Central website to relevant multimedia material, presentations, lecture handouts, bibliographies, further links, electronic exercises and discussion circles.

The University offers a range of services including the Careers Service, the Counselling Service, the Disability and Dyslexia Service, the Student Support Service, and excellent libraries and resource centres.

Feedback

We’ll provide you with regular feedback on your work. This comes in a variety of formats including oral feedback, personalised feedback on written work, and generic written feedback.

You will be given general feedback in relation to examinations following the May/June examination period and you will be able to discuss your overall performance with your personal tutor. 

How will I be assessed?

Assessment methods vary from module to module but, across your degree scheme as a whole, you can expect a mixture of exams, coursework, essays, practical work, presentations, and individual and group projects.

What skills will I practise and develop?

As a result of engaging fully with this course, you will acquire and develop a range of valuable skills, both those which are discipline specific and more generic ‘employability skills’. These will allow you to:

  • grasp complex issues with confidence
  • ask the right questions of complex texts
  • have an imaginative appreciation of different views and options and analyse these critically
  • identify and apply relevant data
  • develop practical research skills
  • propose imaginative solutions of your own that are rooted in evidence
  • communicate clearly, concisely and persuasively in writing and speech
  • sourcing, interpreting and presenting relevant numerical information – to support the composition of projects reports and business cases
  • work to deadlines and priorities, managing a range of tasks at the same time
  • learn from constructive criticism and incorporate its insights
  • work as part of a team, developing a collaborative approach to problem-solving
  • use IT programmes and digital media, where appropriate
  • take responsibility for your own learning programme and professional development

Other information

Our Trading Room is used as part of some economics and accounting courses but is open to all Business School students. This facility is supervised by trained PhD students who will help you become familiar with the software and modelling techniques used in real-life trading rooms.

 

Our business degrees give students a broad range of skills which are valued by a range of employers in the private and public sectors. In 2015/16, 92% of the School’s graduates who were available for work reported they were in employment and/or further study within six months of graduating.

In addition to the central University Careers Service, our students benefit from a dedicated on-site Careers and Placements service to help them find internships, job opportunities and to access business-industry specific advice, training and guidance.

Tuition fees

UK and EU students (2018/19)

Tuition feeDepositNotes
£9,000None

The University reserves the right to increase tuition fees in the second and subsequent years of a course as permitted by law or Welsh Government policy. Where applicable we will notify you of any change in tuition fee by the end of June in the academic year before the one in which the fee will increase.

Visit our tuition fee pages for the latest information.

Financial support may be available to individuals who meet certain criteria. For more information visit our funding section. Please note that these sources of financial support are limited and therefore not everyone who meets the criteria are guaranteed to receive the support.

Students from outside the EU (2018/19)

Tuition feeDepositNotes
£16,950None

Tuition fees for international students are fixed for the majority of three year undergraduate courses. This means the price you pay in year one will be the same in years two and three. Some courses are exempt, including four and five year programmes and Medical and Dental courses. Visit our tuition fee pages for the latest information.

Costs for sandwich years

During a sandwich year (e.g. year in industry, placement year or year abroad) a lower fee will apply. Full details can be found on our fees pages.

Students are responsible for finding their own placements, though support will be given by the School’s employability team. Students unable to secure a suitable placement will be permitted to transfer to the equivalent ‘non-placement’ programme, assuming the relevant academic requirements are met. Placements can be conducted in English or in Welsh.

 

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