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Economics and Management with a Professional Placement Year (BSc)

  • Subject areas: Business management, Economics
  • UCAS code: LN24
  • Next intake: September 2027
  • Duration: 4 years
  • Mode: Full time with sandwich year

Why study this course

Explore how economics shapes the world, while developing the leadership and decision-making skills to lead and succeed in a rapidly changing global environment.

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No advanced maths required 

Gain confidence in analytical thinking, problem-solving, and the practical use of data and econometric software.

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Real-world focus

Combine economic analysis with strategy, leadership, and people management to thrive in business environments.

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Develop practical skills

Learn how to interpret data, think critically, communicate ideas effectively, and make evidence-based decisions.

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Your career in mind

Engage with case studies and external speakers to link theory with practice and develop professional networks.

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Paid placement year

Enhance your career prospects with a year of industry experience, putting classroom theory into workplace practice.

If you’re interested in global issues and business strategy, and curious about how economic forces influence everyday life, our Economics and Management degree has been designed for you. 

You’ll gain an understanding of how economic reasoning informs critical business strategy while also learning how firms and organisations operate and adapt to change – critical skills in the global business environment. 

You don’t need an advanced maths background to succeed. We’ll work together to develop your economic literacy and confidence in thinking critically, interpreting information, and applying ideas to real-world situations. You’ll explore core business concepts such as competition, pricing, market power, consumer behaviour, inflation, growth, and policy uncertainty.

With your future career in mind, a strong focus on employability, entrepreneurship and applied decision making is embedded throughout. You’ll engage with real-world case studies that place economics within the wider management and business context, giving you an interdisciplinary perspective on the economic and organisational challenges faced by businesses, policymakers, and society.

As an Economics and Management (BSc) graduate, you’ll be well placed for careers in consultancy, management, market and business analysis, marketing, economic and policy analysis, and roles in the public and third sectors, as well as for further postgraduate study.

Subject area: Business management

  • academic-schoolCardiff Business School
  • icon-chatGet in touch
  • Telephone+44 (0)29 2087 4674
  • MarkerColum Road, Cathays, Cardiff, CF10 3EJ

Subject area: Economics

  • academic-schoolCardiff Business School
  • icon-chatGet in touch
  • Telephone+44 (0)29 2087 4674
  • MarkerColum Road, Cathays, Cardiff, CF10 3EJ

Entry requirements

We accept a combination of A-levels and other qualifications, as well as acceptable alternative international qualifications subject to entry requirements. Typical offers are as follows:

A level

AAB-BBB

Extended/International Project Qualification: Applicants with grade A in the EPQ/IPQ will typically receive an offer one grade lower than the standard offer. Please note that any subject specific requirements must still be met.

  • Our grade range covers our standard offer and contextual offer. We carefully consider the circumstances in which you've been studying (your contextual data) upon application. Eligible students will be given an offer that is lower than the standard offer (usually the middle or lower end of the advertised grade range).
  • Where there is no grade range advertised and/or where there are selection processes in place (like an interview) you may receive additional consideration in the selection process.

Learn about eligible courses and how contextual data is applied.

International Baccalaureate

34-31 overall or 665-555 in 3 HL subjects.

Baccalaureate Wales

From September 2023, there will be a new qualification called the Advanced Skills Baccalaureate Wales (level 3). This qualification will replace the Advanced Skills Challenge Certificate (Welsh Baccalaureate). The qualification will continue to be accepted in lieu of one A-Level (at the grades listed above), excluding any specified subjects.

You must have or be working towards:
- English language or Welsh language at GCSE grade C/4 or an equivalent (such as A-levels). If you require a Student visa, you must ensure your language qualification complies with UKVI requirements.
- GCSE Maths grade B/6 or equivalent qualification (subject and grade). If you are taking A-level Maths (or equivalent), GCSE Maths is not required. Core Maths may also be accepted in place of GCSE Maths.
 
We do not accept Critical Thinking, General Studies, Citizenship Studies, or other similar equivalent subjects.
We will accept a combination of BTEC subjects, A-levels, and other qualifications, subject to the course specific grade and subject requirements.

GCSE

Grade C or grade 4 in GCSE English Language.

IELTS (academic)

At least 6.5 overall with a minimum of 5.5 in each subskill.

TOEFL iBT

At least 90 overall with a minimum of 17 for writing, 17 for listening, 18 for reading, and 20 for speaking.

PTE Academic

At least 69 overall with a minimum of 59 in all communicative skills.

Trinity ISE II/III

II: at least two Distinctions and two Merits.
III: at least a Pass in all components.

Other accepted qualifications

Please visit our English Language requirements page for more information on our other accepted language qualifications.

You are not required to complete a DBS (Disclosure Barring Service) check or provide a Certificate of Good Conduct to study this course.

If you are currently subject to any licence condition or monitoring restriction that could affect your ability to successfully complete your studies, you will be required to disclose your criminal record. Conditions include, but are not limited to:

  • access to computers or devices that can store images
  • use of internet and communication tools/devices
  • curfews
  • freedom of movement
  • contact with people related to Cardiff University.

Other qualifications from inside the UK

BTEC

DDD-DDM in a BTEC Extended Diploma in Business.  

T level

D-M in T Level Accounting or Finance.

Qualifications from outside the UK

See our qualification equivalences guide

Please see our admissions policies for more information about the application process.

Tuition fees for 2027 entry

Your tuition fees and how you pay them will depend on your fee status. Your fee status could be home, island or overseas.

Learn how we decide your fee status

Fees for home status

Year Tuition fee 1 Deposit
Year one £9,790 None
Year two £9,790 None
Year three (sandwich year) £1,955 None
Year four £9,790 None

1 Home status tuition fees are charged at the maximum fee set by the Government each year. If the tuition fee cap changes before you start your course, we’ll email you to let you know. We’ll explain any changes to your tuition fees, and allow you to withdraw without penalty if you decide not to study with us.

Tuition fees may increase for subsequent years of your course if the fee cap changes. Learn what happens if tuition fees increase.

Fees for overseas status

Year Tuition fee Deposit
Year one £25,450 None
Year two £25,450 None
Year three (sandwich year) £5,090 None
Year four £25,450 None

Learn more about our tuition fees

Financial support

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.

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.

Additional costs

Accommodation

We have a range of residences to suit your needs and budget. Find out more on our accommodation pages.

Living costs

We're based in one of the UK's most affordable cities. Find out more about living costs in Cardiff.

Course structure

The programme is delivered over 4 academic years, each consisting of 120 credits.

Year 3 is spent on placement. You’ll take up a paid position and put into practice the knowledge and skills you’ve developed through your taught modules.
 

The modules shown are an example of the typical curriculum and will be reviewed prior to the 2027/2028 academic year. The final modules will be published by September 2027.

Year one

Year 1 provides the foundation for the programme. You’ll study 6 core modules – 3 from each discipline. You’ll be introduced to the main economic concepts, models, and analytical tools used to understand markets, firms, and the wider economy. You’ll also study core management concepts, including organisation management, marketing, and the study of people at work.

Across the year, our aim is to progressively build your confidence and skills in both disciplines, ready to move on to the more applied modules in year 2.

Module titleModule codeCredits
Quantitative SkillsBS152020 credits
Principles of MicroeconomicsBS152120 credits
Principles of MacroeconomicsBS152220 credits
People in OrganisationsBS152920 credits
Management: Theory and EvidenceBS161520 credits
Principles of MarketingBS161720 credits

Year two

The 6 modules you’ll study in year 2 will build on the foundations you developed in year 1 and strengthen the links between economics and management,

You’ll place greater emphasis on application, using economic reasoning, data, and quantitative tools to analyse real-world business and policy issues. Your management modules will enhance your understanding of people management, strategy, organisations, and leadership in contemporary business contexts.

Together, the modules will deepen your understanding of how firms, markets, and the wider economy operate. You’ll also gain practical experience in working with data and econometric software.

Year three: Sandwich year

In year 3 you’ll take up your paid placement, allowing you to apply your university know-how in the real world.

You’ll enhance your career prospects by building a network of business contacts and adding real-world experience to your professional profile. You’ll gain insights into organisations and industries, develop new skills, and hone your competitive edge ready to stand-out in the graduate job market.

Module titleModule codeCredits
Professional PlacementBS4020120 credits

Year four

In year 4, you’ll take a combination of core and optional modules.

The 3 core modules will bring together the Economics and Management strands of the programme, giving you the opportunity to explore strategy, innovation, entrepreneurship, competition, and regulation in greater depth and in more applied contexts.

Optional modules allow you to tailor the degree to best suit your interests and career aspirations. You’ll have the opportunity to deepen your understanding of areas such as labour markets, international economics, behavioural economics, the environment, digital marketing, brand communication, business ethics, or the European business environment. You’ll be supported in making your module choices and designing a degree that holds you in good stead for your future career.

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.

Learning and assessment

You’ll be taught through a mixture of lectures and small group teaching - classes, seminars, workshops, discussions and computer labs. Lectures provide an overview of the module content while classes and workshops give you the opportunity to practice techniques, discuss ideas, apply concepts and consolidate your understanding. These timetabled activities are supplemented by guided online study, which you are expected to engage with independently.

You’ll also engage with guest speakers and encounter case studies drawn from business, organisational, and policy contexts, helping you connect academic concepts to real-world business challenges.

Technology and applied learning are embedded throughout the programme. In quantitative and empirical modules, you will work with datasets and develop your skills in the practical use of tools such as econometric or statistical software for data handling, analysis, and presentation. 

Each module is taught by active researchers and subject specialists in the relevant field. As such, your learning is informed not only by strong disciplinary expertise, but also by current developments in economics, management, and related applied areas. 

How will I be supported?

Learning

Course materials will be provided on Learning Central, our Virtual Learning Environment. You’ll also have access to libraries across our campus which hold over 1.1 million printed books, supplemented by online books, journals, resources and databases.  

If English is not your first language, then our Academic English Skills for International Students team offer classes and one-to-one tutorials to support your studies including reading, writing and presentation skills.

Wellbeing

You’ll be assigned a Personal Tutor, who can support you with academic and pastoral matters in a confidential and informal manner. Additional support is available through our Student Life teams, based in the Centre for Student Life. These teams include Advice and Money, Counselling services, Health and Wellbeing, the Student Disability Service including dyslexia support, and Student Visa Support.

Careers and employability

You’ll have access to a dedicated Student Futures team in the Business School, supporting you with careers, placements and global opportunities. Focused on your employability, you can benefit from expert advice on career planning, job searching and applying for jobs. Our team will provide opportunities for you to network with and learn from employers via careers fairs and skills workshops and support you to gain experience via placements, internships and international study and work opportunities. You can explore entrepreneurial ambitions with our Enterprise Team, stand out from the crowd by completing our prestigious Cardiff Award and there is also tailored support for international and underrepresented students.

Community 

You’ll become a member of the Cardiff Business School community, making friends and connections that will last beyond your studies. You’ll have the opportunity to participate in programme and school level events and activities that enhance your learning and broaden your experiences.

How will I be assessed?

Our Economics and Management (BSc) programme uses a wide range of assessment methods designed to reflect the applied and interdisciplinary nature of the degree. This variety is intended to help you develop both subject knowledge and the professional skills required in business, policy, and organisational contexts.

Recognising the way in which real-world businesses operate, our assessment strategy comprises both individual and collaborative assessments and is designed to reflect the kinds of tasks you may face in a professional setting. You’ll encounter coursework, presentations, reports, projects, portfolios, class tests, and exams. 

We don’t view assessment purely as a means of testing knowledge, but also as an opportunity for you to develop transferable skills in communication, teamwork, problem-solving, critical thinking, and the application of evidence to real-world questions.

All modules have formative assessment opportunities, allowing you to get valuable feedback before completing summative assessment pieces. You’ll also receive timely feedback on your summative assessments, either in writing or orally. This feedback will help you understand your achievements and see where there may be opportunities for enhancement in future work.

What skills will I practise and develop?

The Learning Outcomes for this Programme describe what you will achieve by the end of your programme at Cardiff University and identify the knowledge and skills that you will develop. They will also help you to understand what is expected of you. 

On successful completion of your Programme you will be able to:

Knowledge & Understanding:

  • Synthesise and evaluate core economic principles, theories and models.
  • Critically analyse the application of economic reasoning and quantitative methods to individual and societal phenomena.
  • Critically analyse the interaction between organisations and their social, cultural, political and economic environments, and assess implications for strategy and performance.
  • Critically evaluate organisational structures, governance, leadership, marketing and management practices across varied contexts, including ethical and responsible practice.
  • Appraise the contribution of economic perspectives to business decision-making across functions, including strategy, marketing and performance.  
  • Analyse how firms, markets and economies operate, compete and adapt in domestic and global contexts.

Intellectual Skills:

  • Critically evaluate competing economic arguments, theories and empirical evidence.
  • Apply economic principles, quantitative techniques and evidence to explain and inform business and policy decisions.
  • Analyse complex business and management issues using appropriate theoretical frameworks.
  • Synthesise diverse sources of evidence to construct coherent and defensible arguments on business and management issues. 
  • Critically apply economic reasoning to complex real-world organisational and policy contexts. 
  • Formulate and justify evidence-based recommendations for business, organisational and policy challenges using economic analysis.

Professional Practical Skills:

  • Use appropriate data, evidence and analytical methods to produce applied economic, business and policy analyses.
  • Apply economic, business and management frameworks to evaluate organisational, market and policy decisions.
  • Integrate economics and management perspectives to analyse firms, markets, organisational functions and performance.
  • Develop strategic and operational recommendations to support organisational decision-making and resource allocation.
  • Operate professionally and responsibly in the workplace, demonstrating work-related skills, ethical awareness, and attention to health and safety.
  • Evaluate workplace practices and reflect on work-based experience to inform personal and professional development.

Transferable/Key Skills:

  • Exercise independent learning and reflective judgement in academic and professional contexts.
  • Communicate complex information and evidence clearly, using appropriate tools and acknowledging sources.
  • Work independently and collaboratively to address economic, business and policy problems, with due regard to ethical, social and environmental considerations.
  • Reflect on personal management skills and identify areas for professional development.
  • Develop work-based skills, experience, confidence and professionalism.

Careers and placements

Career prospects

Our Economics and Management (BSc) programme integrates the Cardiff Graduate Attributes, a set of employer-informed skills and qualities designed to ensure that you graduate with the confidence, knowledge and capabilities needed for the world of work. These attributes are developed across both sides of the programme: Economics modules build analytical, quantitative, empirical and policy-oriented skills, while Business Management modules develop understanding of organisations, strategy, marketing, people management, leadership and contemporary business challenges.

Collaborative

Through tutorials, seminars, class activities, group video projects and group presentations, you’ll have opportunities to develop your teamwork, leadership, negotiation and peer-learning skills. Group-based tasks will help you learn how to contribute effectively to shared work, respect different perspectives and take responsibility for your contribution.

Effective communicators

You’ll develop your communication skills through written reports, essays, policy briefs, reflective pieces, presentations, group video work and class discussion. You’ll learn how to explain economic and management ideas clearly to different audiences, communicate evidence-based arguments, and present recommendations in accessible and persuasive ways. You’ll also develop your listening skills and learn how to use feedback to improve your work.

Ethically, socially and environmentally aware

The programme will help you understand how economic and business decisions affect firms, organisations, stakeholders, communities and the wider environment. You’ll examine issues such as market failure, regulation, public policy, organisational responsibility, global business ethics, sustainability and the wider social impact of business and economic activity.

Independent and critical thinkers

You’ll have extensive opportunities to analyse complex economic, business and policy issues. Economics modules will develop your ability to interpret data, evaluate evidence, assess policy and apply economic reasoning to real-world problems. Business Management modules will develop your ability to analyse organisations, strategy, leadership, marketing, people management and contemporary business challenges from different theoretical and practical perspectives.

Innovative, enterprising and commercially aware

You’ll develop an understanding of how firms, markets and organisations operate, compete, innovate and adapt. You’ll apply economic and management analysis to topics such as entrepreneurship, innovation, competition, regulation, marketing, strategy, organisational performance and the wider business environment. Practitioner input and external guest contributions, particularly in applied Economics modules, will help you connect academic analysis to real-world business, policy and organisational contexts.

Reflective and resilient

You’ll have opportunities to reflect on your learning and professional development throughout the programme, including through formative feedback, group work, independent learning, reflective tasks and applied assessments. You’ll be encouraged to develop confidence, adaptability and resilience by applying your learning to unfamiliar economic, business and policy problems in a structured and supportive environment.

Economics and Management (BSc) graduates will be well placed to pursue careers in a wide range of sectors. You’ll develop skills valued in economics, business, management, consultancy, finance, banking, marketing, human resource management, data analysis, public policy, regulation, logistics, education, and the public, private and third sectors.

Through the combination of economic reasoning, quantitative and empirical analysis, management knowledge, communication skills, teamwork and applied problem-solving, you’ll be prepared for roles requiring both analytical rigour and an understanding of organisations, markets and business decision-making. The programme also provides a strong foundation for postgraduate study in economics, management, business, public policy and related fields.

Placements

Your third year will be spent on professional placement. 

While you’ll be responsible for sourcing your own placement, you’ll be fully supported throughout the year with helpful advice and guidance from our in-house Student Futures team. 

During your placement you’ll remain a student of Cardiff University, giving you full access to the student support, library, and information services that all students enjoy. You’ll also receive regular contact from your Placements team to ensure you get the most from this valuable experience.

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HESA Data: Copyright Higher Education Statistics Agency Limited 2021. The Higher Education Statistics Agency Limited cannot accept responsibility for any inferences or conclusions derived by third parties from its data. Data is from the latest Graduate Outcomes Survey 2019/20, published by HESA in June 2022.