Business Economics with a European language - German (BSc Econ)

The Business Economics degree aims to bridge the gap between theory and practice in the areas of economics directly relevant to business.

Understanding the theoretical aspects of Economics allows students to engage with a number of problems and policy issues.

Business Economics appeals to those who wish to specialise in the application of economic theory to business decision making, matching a good knowledge of economic principles to an awareness of their uses and limitations in a business context.

Key facts

UCAS CodeL1RX
Entry pointSeptember 2016
Duration4 years
Typical places available
Typical applications received
Typical A level offerAAB with a B in German, excluding General Studies, Critical Thinking and Citizenship Studies
Typical Welsh Baccalaureate offerGrade A in the Core and grades AB from two A-levels including the relevant language OR Grade B in the Core and grades AA from two A-levels including the relevant language
Typical International Baccalaureate offer35 points, including Mathematics at 6SL or 5HL, with 6SL or 5HL in relevant language.
Other qualificationsApplicants will also require GCSE English grade C and GCSE Mathematics grade B. Applications from those offering alternative qualifications are welcome. Specific admissions and selection criteria for this degree programme can be found online.

Detailed alternative entry requirements are available for this course.
QAA subject benchmark

Economics

Admissions tutor(s)

Mr Kevin Stagg, Admissions Tutor

Important Legal Information: The programme information currently being published in Course Finder is under review and may be subject to change. The final programme information is due to be published in June 2016 and will be the definitive programme outline which the University intends to offer. Applicants are advised to check the definitive programme information after the update, to ensure that the programme meets their needs.

The Business Economics degree programme with German provides students with an understanding of economic theory, particularly that which focuses on the organisational and managerial characteristics of the modern business enterprise. 

It also aims to provide a high level of competence in German and knowledge of the economy of Germany.

The programme aims to inform students of the main features of the UK industrial economy and the key developments in business. 

The programme examines government and international business policy to identify their ramifications for the development of markets and firms. It introduces students to subject areas outside the economics discipline by offering them the opportunity to follow modules in business finance, marketing and other aspects of management.

Through the study of business economics and a language, the programme encourages a range of transferable discipline-specific and core skills that will be of value to students in future education and in their subsequent careers. 

Trading Room

The Trading Room is used as part of the BSc Economics and Finance programme but is open to all students, supervised by trained PhD students who will help students to become familiar with the new software.

Students are offered the opportunity to undertake the Thomson Reuters Certification qualification, an industry qualification to prove their ability in using the platform to access all the information that they need. 

This five-module training process involves one-to-one training and phone conferences with a Reuters representative. 

The Trading Room gives students the opportunity to become attractive potential graduates in the City, where the job market is becoming ever more competitive.

Year one

Module titleModule codeCredits
Applied Stats & Maths in Econ & BusinessBS150120 credits
MicroeconomicsBS155120 credits
MacroeconomicsBS165220 credits
Economic HistoryBS154620 credits
Vocational Language Skills I (German)ML170320 credits

Module titleModule codeCredits
Introduction to AccountingBS150320 credits
Contemporary Economic IssuesBS154520 credits
Principles of Marketing and StrategyBS163010 credits
Principles of Business ManagementBS153010 credits

Year two

Module titleModule codeCredits
Oral Comprehension & ExpressionML272310 credits
Introductory EconometricsBS257020 credits
Vocational Language Skills IIML272120 credits
Business LanguageML272220 credits
Business CorrespondenceML272410 credits
Microeconomic TheoryBS255020 credits
Managerial EconomicsBS256020 credits

Year three: Sandwich year

Follow Business Economics Modules in a European University

Appropriate Year 2 level modules as available in the host University

Module titleModule codeCredits
Intercalary Study Programme in EuropeBS4009120 credits

Year four

Module titleModule codeCredits
Industrial EconomicsBS357220 credits
Applied Macroeconomics and FinanceBS357020 credits
Modern Business EnterpriseBS356120 credits
Business ApplicationsBS354720 credits
Language Skills For Professionals (Germ)ML372120 credits

Module titleModule codeCredits
EconometricsBS355120 credits
International Economic HistoryBS355620 credits
International TradeBS356820 credits
Labour EconomicsBS355820 credits
The Economics of DevelopmentBS357320 credits
Social WelfareBS357420 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.

Cardiff Business School's teaching is heavily informed by research and combines academic rigour with practical relevance. Our faculty consists of academics who are at the forefront of knowledge within their field. They bring the lessons from their most recent research into the classroom, giving students access to the latest information and critical business thinking.

You will find that the phrase 'learning and teaching' is commonly used in UK universities. This phrase emphasises the two-way nature of the process in which you will be taking part. You, we hope, will be doing the learning; we will be providing not only teaching, but also many other things which contribute to a good environment for learning, such as computer resources, a  well-stocked library, suitable lecture rooms, and so on.

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

Methods of teaching

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

In the lecture, the lecturer will mainly be giving an overview of an aspect of the module content (as well as giving opportunities for the student to ask questions and be reflective), while in classes and workshops you will have an opportunity to practice techniques, discuss ideas, apply concepts and consolidate your understanding in the topic

Independent study

All modules will require a considerable element of independent study alongside the formal scheduled teaching. Independent study is designed so that you can expand on the knowledge given to you during lectures, seminars and tutorials. Independent study is an important component of Higher Education because it helps you to develop the ability for enquiry and critical evaluation, which in turn leads to you developing transferable skills, helps you to learn how to respond to change and it is key to ensuring that you have sufficient understanding of the subject you are studying. The amount of independent study you are expected to undertake will increase throughout the duration of your degree as your expertise also increases.

Office hours

All academic staff in the Business School have designated office hours when they are available to meet with students and these are posted on their office doors along with their contact details. Office hours provide an important source of contact with your lecturers and enable you to ask questions you may not wish to ask in a large class setting. This time can help you to clarify anything you have been taught that is unclear or can give you advice on further reading or preparation for assignments.

Personal tutors

You will be allocated a personal tutor at the beginning of your studies. Normally, your personal tutor will teach on your own degree programme 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 student support services provided by the University and the Students' Union as appropriate. It is normally the personal tutor who writes references for job applications and therefore you should keep your personal tutor informed about how you are getting on. Students are required to meet with their personal tutors at three points during the year but you are also encouraged to get in touch with them at any other point if you need help or advice.

In 2013/14, 95% of the School's graduates who were available for work reported they were in employment and/or further study within six months of graduation. Our business degrees give students a broad range of skills which are valued by a range of employers in the private and public sectors.

Graduates in Business Economics pursue a variety of career paths, from work as professional economists to a range of management, marketing, banking and accounting professions.

In addition to the University Careers Service, we have invested in our own, dedicated Careers Centre to help students find internships, job opportunities and access business industry specific advice and guidance.

Jobs

  • Accountant
  • Business Analyst
  • Economist
  • HR Manager
  • Lecturer
  • Marketing Executive
  • Production Manager
  • Stockbroker

Duration

4 Year(s)

Next intake

September 2016

Places available

Typical places available

The School admits 550 students each year to its undergraduate degree programmes

Applications received

Typical applications received

3500

Accreditations

QAA subject benchmark

QAA subject benchmark

Economics

Overview and aims of this course/programme

The overall and specific aims of the economics components of each of the three Economics with a European Languages Programmes are set out in the Programme Specification for the single honours programmes:

• Economics

• Business Economics

• Banking and Finance

The overall aim of the language components of the three programmes is to build on the student’s previous knowledge of the chosen language and to develop their skills in Economics and vocational foreign language communications.

The Programmes offer the opportunity across the four years of study to follow a number of economics modules that will support the student’s choice of joint degree with a language. The Programmes encourage a range of transferable skills that will be of value to students in their subsequent careers.

Specifically the language component of the three Economics with a European Language Programmes aim to:

consolidate the students’ language skills.

• enable the students to study effectively during their year aboard.

• equip the students with the knowledge and skills to successfully undertake academic assessments and examinations for international business certificates.

• enhance the students’ professional language skills.

• develop the students understanding of the business environment and culture of their chosen EU country.

• provide the skills that will allow students to take up a career using a foreign language.

What should I know about year five?

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.

How is this course/programme structured?

The three Economics with a European Language Programmes are full-time 4 year programmes of study with one year spent abroad studying economics at an EU University or business school. The chosen language can be French, German or Spanish, so that altogether nine 4 year degree programmes combing economics with a language are offered. The programmes involve compulsory and optional modules over the 3 years at Cardiff, with compulsory language modules in each year. Students normally attain 480 credits in total.

Just over two thirds of the modules the students complete are taught by the Business School's Economics section as part of the single honours Economics/Business Economics/Banking and Finance degree programme. Just under one third are taught by the Language Section of Cardiff University’s Centre for Lifelong Learning.

The programme comes under the jurisdiction of the Economics Board of Studies. Details of the programme structure, requirements, modules and credits can be found in the Business School’s Module Catalogue. 

What should I know about year four?

No specific equipment required

What should I know about year three?

Please see Learning Outcomes.

What should I know about the preliminary year?

A  Knowledge and Understanding

Core knowledge and understanding is taught and learnt through lectures, workshops, classes, IT based language laboratory sessions and assigned reading. Classes provide the means for reinforcing knowledge and understanding.

More advanced knowledge and understanding is acquired and developed by independent study, speaking and reading extensively in the foreign language, and in classes working on authentic documents.

The use of the University’s language services laboratories (audio studios, interactive computer, language learning software, interactive video packages, video viewing facilities, networked PC’s and continental satellite TV) is incorporated into teaching and learning. Students are encouraged to use the full range of open access facilities.

B  Intellectual Skills

Intellectual skills are taught and learnt through workshops, classes; IT based laboratory sessions and assigned reading. Classes focused on foreign and English documents provide the means for reinforcing intellectual skills.

More advanced intellectual skills are acquired and developed by independent study, speaking and reading extensively in the foreign language and working on various forms of communication.

What should I know about year one?

A  Knowledge and Understanding

Knowledge and understanding are assessed summatively through written tests, aural tests, oral tests and presentations, class work and assignments.

Formative assessment is provided in classes. Individual feedback indicating errors, strengths, weaknesses and direction for improvement is offered to each student.

B  Intellectual Skills

Intellectual skills are assessed summatively through written tests, aural test, oral tests and presentations, class work and assignments.

Formative assessment is provided in classes, as part of group activities discussing current affairs. The smallness of the groups makes continuous and detailed individual feedback to each student possible.           

Other information

Students obtain support materials either via Learning Central (Cardiff University’s Virtual Learning Environment) or from study packs specially developed for selected modules. All students are allocated a personal tutor. Additional support and advice is available where necessary from the School’s Senior Personal Tutor for Undergraduate Taught Students. 

Distinctive features

The programme learning outcomes for the economics components of the three Economics with a European Language Programmes are set out in the Programme Specifications for the single honours programmes:

• Economics

• Business Economics

• Banking and Finance

The specific outcomes for the language component, in terms of knowledge, understanding and intellectual skills are set out below.

Students who gain the award will have demonstrated achievement of the following language Learning Outcomes:

A  Knowledge and Understanding

Upon completion of the Economics/Business Economics/Banking and Finance with a European Language Programme a typical student should be able to:

• be familiar with the basic economic and business vocabulary of their chosen language.

• have a sound knowledge of advanced grammar and syntax of their chosen language.

• comprehend various forms of communication in their chosen language.

•understanding the key economic and business features of their chosen European country.

B  Intellectual Skills

Upon completion of the Economics/Business Economics/Banking and Finance with a European Language Programme a typical student should be able to:

• translate economics and business documents competently.

• analyse and comment on various forms of communication in their chosen language.

• discuss current affairs accurately in their chosen language.

• write intelligently in their chosen language on economic and business subjects, including those relating to their chosen country.

How will I be taught?

The distinctive features of the language component of the Economics/Business Economics/Banking and Finance with a European Language Programmes include:

• The opportunity to fully develop foreign language skills.

• Attending an EU university: experience the teaching and learning methods practised abroad; immersion in a different culture; and interaction with foreign students.

• The scope for extending the range of vocational skills to include foreign language and cross- cultural awareness.

• Teaching and learning methods that enhance oral as well as written skills.

• The development of practical understanding of economics and business through studying and working within EU institutions and processes.

• Interacting with staff and other language students outside the Business School.

• Extending the student’s cultural experience and horizons.

• Using modern forms of IT based language teaching and learning support.

Admissions tutors

Mr Kevin Stagg, Admissions Tutor


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