A colourful graph

Economics with Finance BSc

Department of Economics

Apply for this course

Explore this course:

    You are viewing this course for 2022-23 entry. 2023-24 entry is also available.

    Key details

    Course description

    Photo of undergraduate lecture

    The BSc Economics with Finance allows you to specialise in methodological modules including finance. You'll also develop rigorous quantitative and analytical skills, and learn about real-world economic policy.

    You'll receive training in advanced methods, particularly mathematical and statistical through the methodological pathway of modules. You'll also be learn about finance, and apply your knowledge to economic problems in modules in the applied pathway.

    Year one will build the foundation for the rest of your degree. You'll study core economic principles and theories, and develop your core quantitative skills in mathematical methods for economics and statistical methods for economics.

    In year two you'll build on your toolkit of theoretical and quantitative skills. Modules in your final year will give you cutting-edge training in analytical methods in economics and finance.

    By choosing a dissertation, you'll have the chance to demonstrate your ability to independently undertake an extended piece of research and apply advanced methods to the analysis of a specific economic problem of your choice. Or, if you don't want to do a dissertation, you can carry out a number of shorter projects.

    Degrees with employment experience

    We offer you the chance to do a year-long work placement, starting after your second year. This is a great opportunity to get paid work experience with some of the UK's top employers who want to recruit the best students from Sheffield.

    Recent placements have been with the Bank of England, Lloyds Bank, IBM, ASOS and Mercedes-Benz.

    9 Mappin Street the home of the Department of Economics - image

    Modules

    A selection of modules are available each year - some examples are below. There may be changes before you start your course. From May of the year of entry, formal programme regulations will be available in our Programme Regulations Finder.

    Our degrees are structured around two pathways that allow you the flexibility to explore the methodological and applied approaches to economics. These pathways will help guide you through your learning so that you can develop your skills and knowledge throughout your levels of study.

    Methodological pathway

    These modules will train you in theoretical, mathematical and statistical methods and you will learn how to to use these tools to analyse economics issues.

    Applied pathway

    These modules provide you with the skills to analyse the economic issues that you're most interested in, whether related to individuals, firms or governments, using the methodological tools you have learned throughout your degree programme. 

    Title: Economics with Finance BSc course structure
    UCAS code: L1N3
    Years: 2022, 2023

    Economics core modules:

    Economic Analysis and Policy

    This is a compulsory module for all single and dual honours students in Economics. The module provides students with an introduction to microeconomic and macroeconomic analysis together with examples of their application in order to develop students' understanding of the roles of both in economic policy making.

    40 credits
    Mathematical Methods for Economics 2

    The aims of this module are: 1. To give an insight into the importance of mathematical methods in economic analysis. 2. To introduce a range of mathematical techniques. 3. To give an understanding of how and when to apply the techniques. The module will include revision of basic concepts, algebra, equations, exponential and logarithmic functions, differential calculus, optimisation, geometry

    20 credits
    Statistical Methods for Economics

    The aims of the module are: 1. To introduce statistical methods and provide an insight into their uses in economics. 2. to demonstrate application of a range of statistical techniques to economic problems. Topics include collection and presentation of data, descriptive statistics, probability and applications, statistical inference, correlation and regression.

    20 credits
    Introductory Finance for Economics

    This module introduces students to the financing and investment decisions that financial managers make, and the financial market context in which those decisions are made. Its aim is to provide a solid grounding in the basic concepts of finance for economists, focusing in particular on theoretical analysis and problem solving.

    20 credits

    Optional modules:

    Classical and Contemporary Thinkers in Economics

    This module introduces students to a range of classical and contemporary economists, including the founders of the discipline and some Nobel Prize winners, past and present. For each economist, a senior member of the department will give a short biography, outline their contributions to the discipline of economics and the development of the subject, and explain how they have influenced their own thinking and research that is undertaken in economics today. Examples of the contribution of these economists to a range of economic issues will be used to illustrate the continuing relevance and application of their ideas.

    20 credits
    Economic History of Britain and the Modern World

    This module surveys the economic history of Britain since the mid-eighteenth century (in the first semester) and of the global economy (in the second semester) in order to better understand the forces which determine why some people and countries are rich, and have the capacity for sustained economic growth, whereas others are poor. In particular, we wish to understand the role of government and institutions in driving or retarding economic development, and to provide ideas from the comparative experience of different countries about what policies have been successful in enabling poor people and countries to escape from poverty.

    20 credits

    Plus a limited number of level one modules from outside the Department of Economics.

    The content of our courses is reviewed annually to make sure it's up-to-date and relevant. Individual modules are occasionally updated or withdrawn. This is in response to discoveries through our world-leading research; funding changes; professional accreditation requirements; student or employer feedback; outcomes of reviews; and variations in staff or student numbers. In the event of any change we'll consult and inform students in good time and take reasonable steps to minimise disruption. We are no longer offering unrestricted module choice. If your course included unrestricted modules, your department will provide a list of modules from their own and other subject areas that you can choose from.

    Learning and assessment

    Learning

    You'll learn through attending lectures, online videos, interactive workshops, tutorials and computer labs.

    We invest to create the right environment for you. That means outstanding facilities, study spaces and support, including 24/7 online access to our online library service.

    Study spaces and computers are available to offer you choice and flexibility for your study. Our five library sites give you access to over 1.3 million books and periodicals. You can access your library account and our rich digital collections from anywhere on or off campus. Other library services include study skills training to improve your grades, and tailored advice from experts in your subject.

    Learning support facilities and library opening hours

    You’ll be taught by some of the top economic experts in their fields, who care passionately about their subject. Our staff advise government departments in the UK such as the Department for Work and Pensions, the Department for Education and the Low Pay Commission. Their expertise helps shape government policies and aims to improve people’s lives.

    Assessment

    You'll be assessed mainly through exams. But also written coursework, computer-based assignments, research projects, presentations and reports to assess the range of knowledge and skills that an economist needs.

    Programme specification

    This tells you the aims and learning outcomes of this course and how these will be achieved and assessed.

    Find programme specification for this course

    Entry requirements

    With Access Sheffield, you could qualify for additional consideration or an alternative offer - find out if you're eligible

    The A Level entry requirements for this course are:
    AAA
    including Maths

    A Levels + additional qualifications AAB, including B in Maths + A in a relevant EPQ

    International Baccalaureate 36, with 6 in Higher Level Maths

    BTEC Extended Diploma DD + A in A Level Maths

    Scottish Highers + 1 Advanced Higher AAAAB + A in Maths

    Welsh Baccalaureate + 2 A Levels A + AA, including Maths

    Access to HE Diploma 60 credits overall in a relevant subject, with 45 credits at Level 3, including 39 credits at Distinction (to include 12 Maths units) and 6 credits at Merit

    The A Level entry requirements for this course are:
    AAB
    including Maths

    A Levels + additional qualifications AAB, including B in Maths + A in a relevant EPQ

    International Baccalaureate 34, with 5 in Higher Level Maths

    BTEC Extended Diploma DM + A in A Level Maths

    Scottish Highers + 1 Advanced Higher AAABB + B in Maths

    Welsh Baccalaureate + 2 A Levels B + AA, including Maths

    Access to HE Diploma 60 credits overall in a relevant subject, with 45 credits at Level 3 including 36 credits at Distinction (to include 12 Maths units) and 9 credits at Merit

    English language requirements

    You must demonstrate that your English is good enough for you to successfully complete your course. For this course we require: GCSE English Language at grade 4/C; IELTS grade of 6.5 with a minimum of 6.0 in each component; or an alternative acceptable English language qualification

    Equivalent English language qualifications

    Visa and immigration requirements

    Other qualifications | UK and EU/international

    Pathway programme for international students

    If you're an international student who does not meet the entry requirements for this course, you have the opportunity to apply for an International Foundation Year in Business, Social Sciences and Humanities at the University of Sheffield International College. This course is designed to develop your English language and academic skills. Upon successful completion, you can progress to degree level study at the University of Sheffield.

    If you have any questions about entry requirements, please contact the department.

    Department of Economics

    We have an international reputation for practical and real-world economics.

    You'll be taught by some of the top economic experts in their field and you'll receive the latest cutting-edge teaching from people who care passionately about their subject.

    Our staff advise government departments in the UK such as the Department for Work and Pensions, the Department for Education, as well as advisory bodies such as the Low Pay Commission. Their research helps shape government policies and aims to improve people's lives. This research also informs what you will be taught in your modules.

    Our graduates are in demand by some of the country's top economics employers such as the Bank of England, PwC, IBM and HM Treasury.

    Department of Economics students are based in 9 Mappin Street. You may have some of your tutorials in this building, but other seminars and lectures may take place within other departments or central teaching space. We are based right in the heart of the campus, which is a great location to walk to many of the other University buildings and head into the city.

    Facilities

    Our state-of-the-art classrooms are in the same building as our staff offices. You'll also have your own social space with computer access.

    Department of Economics

    Why choose Sheffield?

    The University of Sheffield

      A top 100 university 2022
    QS World University Rankings

      92 per cent of our research is rated in the highest two categories
    Research Excellence Framework 2021

      No 1 Students' Union in the UK
    Whatuni Student Choice Awards 2020, 2019, 2018, 2017

    Department of Economics

    Number one economics department for student satisfaction in the Russell Group

    National Student Survey 2021


    Graduate careers

    Skills for employment

    Employment skills and personal development are embedded throughout our curriculum. All students receive employability sessions in their first year, where you will learn about finding placements or internships, and what jobs you can do with an economics degree.

    Our courses have a strong emphasis on data analysis from year one, where you will learn to analyse real data using software including Excel and Stata. You’ll gain independent research skills that are highly valued by employers in your final year dissertation or Economics in Action module. You will also have the opportunity to get involved in the Sheffield Economics Employability Development (SEED) scheme which is a series of careers events and opportunities to develop your skills for employment. 

    Department of Economics

    Some of our graduates become professional economists in government, industry or the City. Others enter related professions - banking, ‭insurance, accountancy, sales and marketing, and ‭retail management.

    Recent graduates are now working for the Bank of England, HM Treasury, the European Parliament, PwC, Deloitte, IBM and Rolls Royce. Some prefer to advance their knowledge by studying economics at postgraduate level.

    Fees and funding

    Fees

    Additional costs

    The annual fee for your course includes a number of items in addition to your tuition. If an item or activity is classed as a compulsory element for your course, it will normally be included in your tuition fee. There are also other costs which you may need to consider.

    Examples of what’s included and excluded

    Funding your study

    Depending on your circumstances, you may qualify for a bursary, scholarship or loan to help fund your study and enhance your learning experience.

    Use our Student Funding Calculator to work out what you’re eligible for.

    Visit us

    University open days

    There are four open days every year, usually in June, July, September and October. You can talk to staff and students, tour the campus and see inside the accommodation.

    Open days: book your place

    Taster days

    At various times in the year we run online taster sessions to help Year 12 students experience what it is like to study at the University of Sheffield.

    Upcoming taster sessions

    Applicant days

    If you've received an offer to study with us, we'll invite you to one of our applicant days, which take place between November and April. These applicant days have a strong department focus and give you the chance to really explore student life here, even if you've visited us before.

    Campus tours

    Campus tours run regularly throughout the year, at 1pm every Monday, Wednesday and Friday.

    Book your place on a campus tour

    Apply for this course

    Make sure you've done everything you need to do before you apply.

    How to apply When you're ready to apply, see the UCAS website:
    www.ucas.com

    Not ready to apply yet? You can also register your interest in this course.

    The awarding body for this course is the University of Sheffield.

    Recognition of professional qualifications: from 1 January 2021, in order to have any UK professional qualifications recognised for work in an EU country across a number of regulated and other professions you need to apply to the host country for recognition. Read information from the UK government and the EU Regulated Professions Database.

    Our student protection plan

    Terms and Conditions upon Acceptance of an Offer

    2022-2023