Financial Economics BSc (Hons) 2020/21 entry

Course code:

L111

Study options:

3 years full-time
4 years sandwich

Location:

Coventry University

Starting:

September 2020

 

Fees:

2020/21 fees TBC*
2019/20 fees - £9,250

Find out more

Faculty:

Get in touch

For questions regarding study and admissions please contact us:

+44 (0) 24 7765 2222
ukadmissions@coventry.ac.uk

Overview

The UK is the world’s prominent financial centre. Government figures show financial and insurance services contributed £119 billion. in gross value added (GVA) to the UK economy in 2017 – 6.5% of the UK’s total – with half of this accounted for in London.

Our Financial Economics course provides a specialist focus on financial systems, such as the role of banks and the operation of stock markets, both here in the UK and within an international context. Sharing a common first year with our other economics courses, you will have the opportunity to gain a strong grounding in economics concepts and principles, before specialising in the area of financial economics.

Through a focus on contemporary economic debate and the applications of economics, our course can help you to develop the quantitative skills and real-world expertise to support your employability upon successful graduation. Former graduates of the course have gone on to find successful careers in areas such as financial services, accountancy, consultancy and specialist tax roles.

Why Coventry University?

An award-winning university, we are committed to providing our students with the best possible experience. We continue to invest in both our facilities and our innovative approach to education. Our students benefit from industry-relevant teaching, and resources and support designed to help them succeed. These range from our modern library and computing facilities to dedicated careers advice and our impressive Students’ Union activities.

Global ready

An international outlook, with global opportunities

Employability

Career-ready graduates, with the skills to succeed

Teaching Excellence

Taught by lecturers who are experts in their field

Course essentials

A degree which offers you more, at no extra cost

Accreditation and Professional Recognition

This course is accredited and recognised by the following bodies:

Chartered Association of Business Schools


European Foundation for Management Development

Chartered Insurance Institute (CII)

Accredited by the Chartered Insurance Institute (CII) for the purpose of some exemptions from professional examinations

Our Facilities

Trading Floor

Trading Floor

Students have opportunities to practice simulated trading and other finance-related activities using the various types of demo software available in the Trading Floor.

Business Simulation Suite

Business Simulation Suite

Coventry Business School's Business Simulation Suite utilises the latest business simulation software to give students the opportunity to improve their business skills.

DigiComm Lab

DigiComm Lab

Designed to build creative minds, the DigiComm Lab is equipped with the latest industry-standard marketing and advertising software and devices to support your creative development.

What our students say

I enjoy the real-life application that my course involves, and the fact lectures can be applied to personal scenarios and my own development, which gives me a lot of satisfaction. I am genuinely interested to go to my lectures and learn more about my course, as opposed to being told a lump sum of theory with no context.

Hasan Shah, BA (Hons) Financial Economics

Course information

This degree is one of three pathways we offer in the field of economics; the others being Economics and Business Economics.

For greater flexibility, all of our Economics degrees have a common first year. This gives you the chance to experience and achieve a thorough grounding in economic concepts and principles, along with relevant quantitative techniques and skills, before you make your decision about which area you’d like to specialise in, depending on your interests or career aspirations.

Modules

Overview

In your first year, you will have the opportunity to gain a firm foundation in the core subjects of your degree as well as the chance to broaden your field of study, through mandatory modules that have a balance between microeconomics and macroeconomics. Quantitative focused modules are also deeply embedded in the course to help students develop relevant skills required for further study and ‘The Economists Toolkit’ helps students engage with enhancing their employability.

Modules

  • Principles of Economics 1

  • Principles of Economics 2

  • Applied Economic Principles

  • The Economist's Toolkit - Analytical and Professional Skills

  • Mathematics for Economists

  • Add+vantage Module

  • Statistics for Economists

Add+vantage

The focus on preparing students for successful futures sets Coventry apart as a university.

The Add+vantage modules teach a range of work experience and extra-curricular activities that are taken each year, and broaden students knowledge and skills within a work focused environment. There is a very wide range of Add+vantage free-choice subject areas, and they are arranged in themes.

Overview

Your second year will give you the opportunity to further develop knowledge gained the previous year. Modules include a number of mandatory modules, together with one optional module, which can be selected from a range of choices, and can be used either to develop a specialisation or to broaden your approach into various applied topics.

Modules

  • Intermediate Microeconomics

  • Intermediate Macroeconomics

  • Introduction to Econometrics

  • The Economist's Toolkit - Employability Skills

  • Economics of Financial Markets

  • Add+vantage Module

  • Optional modules

    1 from the following:

    • Mathematical Finance
    • Behaviourial Finance
    • Economics of Corporate Finance

Add+vantage

The focus on preparing students for successful futures sets Coventry apart as a university.

The Add+vantage modules teach a range of work experience and extra-curricular activities that are taken each year, and broaden students knowledge and skills within a work focused environment. There is a very wide range of Add+vantage free-choice subject areas, and they are arranged in themes.

Overview

You have the choice to take an optional work placement year, for example, working with a host companyin the UK or overseas, or studying at a partner University overseas during the third year of your degree (hereinafter referred to as ‘Placement Year’) after successfully completing your first two years. The aim being to enhance your employability prospects and career development.

The Placement Year could be in any business context or organisation but the role should preferably be in an economics-related position in a private, public or charitable organisation.

In the past, our students have gone to work for NBC Universal, Ford Motors and the Government Economic Service (GES). Others have opted to study economics for a year at California State University San Marcos, Charles III University of Madrid, and Universities in China.

Modules

Overview

In your third year, your studies should reflect an increased specialisation in your chosen field of financial economics. The course now offers two optional modules for you to pick, alongside four mandatory modules which are designed to give you the opportunity to become a well-rounded graduate and include conducting a project in the field of financial economics.

Modules

  • Monetary Economics

  • Economics of Financial Intermediation

  • The Economist's Toolkit - Research Methods

  • Project

  • Add+vantage Module

  • Optional modules

    2 from the following:

    • international Economics
    • Development Economics
    • Public Sector Economics
    • Health Economics
    • Environmental Economics
    • Further Economics

Add+vantage

The focus on preparing students for successful futures sets Coventry apart as a university.

The Add+vantage modules teach a range of work experience and extra-curricular activities that are taken each year, and broaden students knowledge and skills within a work focused environment. There is a very wide range of Add+vantage free-choice subject areas, and they are arranged in themes.

We regularly review our course content, to make it relevant and current for the benefit of our students. For these reasons, course modules may be updated.

In more detail...

  • Current experienced staff who have worked as economic advisors, e.g. for Deutsche Bank in the Netherlands (please note staff are subject to change).
  • Hands-on experience using a range of economics and business software packages, from Stata to Bloomberg.
  • Faculty research expertise in exchange rate equilibria, international trade, foreign direct investment (FDI) and conflict economics.
  • Expert contributions by professionals from industry (subject to availability) which in the past have included, our own alumni, HM Treasury, Lloyds Bank, Barclays, and the European Commission.
  • Student-led Economics Society organised social events, visiting speakers (subject to availability) and field trips (hereinafter referred to as Field Trips and Visits), which in the past have included a visit to Amsterdam to visit the stock exchange.
  • Strong links with employers all abroad to ensure the course is responsive to the needs of potential employment sectors, such as the telecommunications sector (Vodafone) and the IT sector (FDM Group).
  • Facilities available include our Trading Floor, currently one of the largest of its kind in Europe, featuring 42 dual screen Bloomberg terminals.
  • Strong track record for graduate employability – with 85% of students in work or continuing their studies six months after graduation from this course (DLHE 2016/17).
  • Economic Theory: Overview of the main concepts, principles and analytical methods used in macroeconomics and microeconomics. This will include the study of scarcity, choice, and opportunity cost; analysis of how consumers and firms make optimal decisions given limited resources; the effects of government intervention on markets; economic growth, business cycles, and stabilization policies.
  • Econometrics: Aims to provide an understanding of the statistical techniques and analysis used by the professional economist, enabling you to read and understand published empirical work, as well as formulating your own research hypotheses.
  • The Economist’s Toolkit: Designed to equip you with the full range of skills required for successful academic study and future careers, including presentation preparation and report writing skills.
  • Real World Application: Modules aim to engage students with current and complex global economic issues using economic analysis and data abstraction to develop an appreciation of the economic dimensions of wider global, social, political, and environmental issues and develop an awareness of the ethical and sustainability implications of economic policy choices.

The course is available either on a three-year full-time basis or on a four-year placement basis, where there is one year of supervised Placement Year. You can start the course in September and placements typically begin in July.

Your course will be taught through a combination of formal lectures, seminars, tutorials, self-directed study, computer-based workshops, and the use of statistical/econometric software (such as SPSS and Oxmetrics). Our team of Progress Coaches will be available for advice throughout your time on the course.

To hone your mathematical and analytical skills, you will have the opportunity to engage in numerical problem solving for example, by evaluating utility optimisation problems related to consumer theory. We will also reinforce economic concepts and techniques, for example, in interactive seminars using economic games and experiments, such as the world trade game.

At every stage, we introduce coursework and experiences that apply to the real world. As well as the year-long Placement Year, you can choose to undertake shorter work experience for example, with local charities, such as Positive Youth Foundations and help within the local community and work in the commercial sector, including Barclays (placements subject to application and availability). We will discuss current issues covered in the leading professional journals like the American Economic Review and examine a variety of international case studies, such as wage convergence in the age of mass migration. You will have the opportunity to participate in a number of Field Trips and industry Visits, at home and abroad. For example, in the past we have visited partner institutions in Kuala Lumpur (TARUC), California (CSUSM) and Poland (Lazarski University).

In your final year, you may have the opportunity to work on real-world projects or research through discipline specific supervision. Topics covered by past students have included an assessment of ‘How the rise of China and India is posing a global competitive challenge in the Asia Pacific Region, the European Union and USA?’ and ‘Will the UK economy benefit from Brexit?

This course will be assessed using a variety of methods which could vary depending upon the module. Assessment methods may include formal examinations, coursework, essays, group work and presentations.

The Coventry University Group assessment strategy ensures that our courses are fairly assessed and allows us to monitor student progression towards achieving the intended learning outcomes.

Upon successful completion of this course, you should be able to:

  • Critically evaluate modern economic theory and the empirical methods used by economists.
  • Demonstrate knowledge of the workings of economic systems, both within the UK and the wider global economy, including the ability to interpret relevant data and evaluate government policies.
  • Apply economic theories and empirical methods to real-world situations, by making appropriate use of data, abstraction, and logical reasoning in order to analyse economic events and issues.
  • Communicate technical concepts related to economic analysis and policy debates to a diverse range of audiences.
  • Examine issues of sustainability and ethics from an economic perspective, and critically appraise the ethical and sustainability implications of economic policy.

We set out below the typical teaching contact hours that you will receive on this course. Teaching contact hours will vary in different semesters and years of study and may vary due to module selection. In addition to the contact hours below, we offer the opportunity to attend additional optional sessions, including sessions with the Faculty’s progress coaches, or to meet with staff during their advice and feedback hours.
Within your first and second years, you will have 12 contact hours of teaching a week which includes:

  •  Medium group teaching: 6 hours of practical classes, seminars or workshops each week
  • Large group teaching: 6 hours of lectures each week.


In your final year, if you are undertaking a project/dissertation, there is a greater emphasis placed on independent study and therefore total contact hours may be reduced.

In addition, you will be expected to undertake a significant amount of self-directed studying and revising in your own time each week, which may include, for example, guided study using hand-outs, online activities.

A variety of international Field Trips are offered each year, both tied to the course, as part of the Business School, or as University wide Field Trips . Our international experiences will give you the opportunity to apply the practical skills learnt through activities in a new international setting, as well as giving you the chance to meet international employers and gain an understanding of the varying economic climates that exist around the world.

If you opt to undertake the optional Placement Year in your third year, it is possible to spend a year studying or working abroad as part of your studies. We currently have links with institutions across Europe, Asia and America. Past students have studied applied economics at Zhejiang Gongshang University and California State University Long Beach.

We also support you in finding an internship (working with a host company) (hereinafter referred to as Internship) both here in the UK or abroad. Past students have gone to work in countries as far afield as China to teach English as a foreign language and Belgium to work for Toyota.

Global ready

Did you know we help more students travel internationally than any other UK university according to data from the experts in higher education data and analysis, HESA?

In 2016/17, we were able to provide a total of 3,482 experiences abroad that lasted at least five days.

Much of this travel is made possible through our Global Leaders Programme, which enables students to prepare for the challenges of the global employment market, as well as strengthening and developing their broader personal and professional skills.

Explore our international experiences

1st for

international experiences

Sending more students overseas than any other UK uni (HESA 2016/17)


3,482

Student experiences

The number of student trips abroad for at least 5 days in 2016/17


21,000

and counting

The number of students we’ve helped travel internationally so far


12

global programmes

As well as trips, we offer other opportunities like language courses

What our students say

I enjoy the real-life application that my course involves, and the fact lectures can be applied to personal scenarios and my own development, which gives me a lot of satisfaction. I am genuinely interested to go to my lectures and learn more about my course, as opposed to being told a lump sum of theory with no context.

Hasan Shah, BA (Hons) Financial Economics

Entry Requirements

University Course Code: BESU039
A Level BTEC IB Diploma GCSE requirement
BBB DDM 30 points Minimum 5 GCSEs at A*-C including English, Maths, or specified equivalents

A-Levels

A-Level applicants are required to have three
 A2 Levels. Coventry University may include AS grades within an offer for certain courses, but we are not able to accept two AS Levels in place of one A2 Level. In some courses it may be necessary for entrants to have passed specific A2 Levels in nominated subjects. Please see the course pages for more information.

Access Diplomas

The Access to HE Diploma to include 30 Level 3 credits at Merit, plus GCSE English Language and Mathematics at grade A*-C.

Coventry University welcomes applicants who have completed, or who are studying, the Access to HE Diploma developed by the Quality Assurance Agency for Higher Education (QAA). Successful completion of the course will require you to gain 60 credits with at least 45 to be achieved at Level 3 (with the remainder at Level 2). In some cases we will require you to have gained Merit or Distinction grades in a number of units or in nominated subjects. For more information on the entry requirements for your chosen course please see the relevant course pages.

BTEC Level 3 Diplomas

The University will accept the BTEC Level 3 Extended Diploma for entry to most courses. In some cases we will require applicants to have studied either certain named modules or a specific named Diploma. The appropriate course page will have full information on the entry requirements. The University also accepts the BTEC Level 3 Subsidiary Diploma and BTEC Level 3 Diploma for entry to degree programmes, provided that they are studied in combination with other qualifications that provide a total volume of study that is equivalent to three A2 Levels. For example, you could be studying a BTEC Level 3 Diploma plus an A2 Level, or a BTEC Level 3 Subsidiary Diploma plus two A2 Levels. Where a specific A2 or BTEC subject is required for entry then you must be offering this as part of your combination of qualifications.

Please visit our page on European entry requirements for more information about specific country information.

English as a Foreign Language: This course requires an IELTS of 6.0 overall. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

Select your region to find detailed information about entry requirements:

English as a Foreign Language: This course requires an IELTS of 6.0 overall. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

What our students say

I enjoy the real-life application that my course involves, and the fact lectures can be applied to personal scenarios and my own development, which gives me a lot of satisfaction. I am genuinely interested to go to my lectures and learn more about my course, as opposed to being told a lump sum of theory with no context.

Hasan Shah, BA (Hons) Financial Economics

Tuition Fees

We pride ourselves on offering competitive tuition fees which we review on an annual basis and offer a wide range of scholarships to support students with their studies. Course fees are calculated on the basis of what it costs to teach each course and we aim for total financial transparency.

For more information, please visit our Finance pages.

Starts

Fee


September 2020

2020/21 fees TBC*
2019/20 fees - £9,250 (per year)


UK Scholarships

If you're a truly outstanding undergraduate candidate we may be able to offer you a Coventry University Scholarship.

Coventry University Scholarships are awarded to recognise truly exceptional sports achievement and academic excellence.

Starts

Fee


September 2020

2020/21 fees TBC*
2019/20 fees - £9,250 (per year)


EU Scholarships

For the September 2019 intake we're investing in a range of EU Academic Excellence scholarships for high achieving and enterprising students. Fulfil your potential this academic year with Coventry University!

Starts

Fee


September 2020

2020/21 fees TBC*
2019/20 fees - £13,250 (per year)


International Scholarships

For the September 2019 intake we're investing in a wide range of Academic Excellence scholarships for high achieving and enterprising international students. Fulfil your potential this academic year with Coventry University!

Course essentials at no extra cost

We're committed to communicating study costs clearly to make sure you're not faced with having to make any unexpected payments.

This is why our ‘Flying Start’ package provides you with a few course essentials. Your full-time fee for an undergraduate degree will cover the following:

UK field trips

Any mandatory site visits and trips within the United Kingdom.

Key material

This can include core textbooks, software and equipment.

Laser prints

1,000 A4 sides of black and white laser printing credits per year.

Optional year

Pay no tuition fees for optional work placements or study abroad trips.

The following are additional costs not included in the fees:

  • Any optional overseas field trips or visits: £400+ per trip.

EU student fees

EU nationals and their family members starting in the 2019/20 academic year remain eligible for the same fees as home students and the same financial support. Financial support comes from Student Finance England, and covers undergraduate and postgraduate study for the duration of their course, providing they meet the residency requirement.

For tuition fee loans

EU nationals must have resided in the European Economic Area (EEA) or Switzerland for the three years prior to the start of their course. The purpose of that three year residency should not have been mainly for the purpose of receiving full time education.

For maintenance loans

EU nationals must have resided in the UK and Islands for the five years prior to the start of their course. The purpose of that five year residency should not have been mainly for the purpose of receiving full time education.

Placement Year, Field Trip/Visit, Internship and any other type of placement may be subject to one or more of the following - competitive application, availability, additional fees and/or costs and visa requirements.

What our students say

I enjoy the real-life application that my course involves, and the fact lectures can be applied to personal scenarios and my own development, which gives me a lot of satisfaction. I am genuinely interested to go to my lectures and learn more about my course, as opposed to being told a lump sum of theory with no context.

Hasan Shah, BA (Hons) Financial Economics

Career prospects

In addition to the financial sector, economics graduates are employed in a range of sectors and roles. They work in manufacturing, transport, communications, consulting, charitable organisations and public services such as the National Health Service (NHS).

Students at Coventry can benefit from our long-established links with HM Treasury and other government departments, which currently offer internships, that can be undertaken during your optional Placement Year or outside of term time, as well as a unique mentoring programme for our students. Each academic year second year students have the opportunity to be paired with employees of different departments and can explore a variety of tasks and career opportunities, receiving assistance in the design of their curriculum vitae with a view to future employment. Please note, the unique mentoring programme is subject to a competitive application process and availability.

Upon successful graduation, you should possess an in-depth knowledge of economics theories and models, with strong analytical and problem-solving skills and mathematical ability. You should also demonstrate a wide range of desirable professional skills, including: team working; critical evaluation; self-directed learning; problem-solving; action planning and organising; written and oral communication; questioning and listening. The following personal qualities will also be addressed in each of the skills modules: achievement orientation; initiative and creativity; self-confidence; decisiveness; reflectiveness; adaptability and flexibility.

On successful completion, you should be well placed to pursue a wide variety of careers in investment banking, accountancy, tax consultancy, government economists, auditing, derivatives trading, management consultancy, mergers and acquisitions, and many more.

Coventry University is committed to preparing you for your future career and giving you a competitive edge in the graduate job market. The University's Careers and Employability team provide a wide range of support services to help you plan and prepare for your career.

Where our graduates work

Recent graduates from our economics courses have found employment in a wide variety of careers including PricewaterhouseCoopers (PwC), Bank of England, Government Economic Service (GES), Vodafone and HSBC. A number of our graduates have also gone on to postgraduate study and professional training, such as teaching.

In addition to the financial sector, past economics graduates are employed in a range of sectors and roles.

They work in manufacturing, transport, communications, consulting, charitable organisations and public services such as the National Health Service (NHS).

£22K

Our graduates earn an average salary of £22,000 six months after the course (DLHE 2016/17)

What our students say

I enjoy the real-life application that my course involves, and the fact lectures can be applied to personal scenarios and my own development, which gives me a lot of satisfaction. I am genuinely interested to go to my lectures and learn more about my course, as opposed to being told a lump sum of theory with no context.

Hasan Shah, BA (Hons) Financial Economics
Disclaimer

By accepting your offer of a place and enrolling with us, a Student Contract will be formed between you and the University. A copy of the 19/20 Contract can be found here. The Contract details your rights and the obligations you will be bound by during your time as a student and contains the obligations that the University will owe to you. You should read the Contract before you accept an offer of a place and before you enrol at the University.

The University will charge the tuition fees that are stated on the course webpage and in the prospectus for the first year of study. The University will review tuition fees each year. For UK and EU students, if Parliament permit an increase in tuition fees, the University may increase fees for each subsequent year of study in line with any such changes. Note that any increase for UK and EU Students is expected to be in line with inflation. For international students, the University may increase fees for each subsequent year of study but such increases will be no more than 5% above inflation.

*2020/2021 course fees have not yet been determined by the University or government legislation. Once the course fees have been determined, the course web page will be updated to reflect your first year course fee. Please continue to revisit the course web page to identify the fee before you accept an offer of a place on the course and/or before you enrol at the University.

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Coventry University awarded TEF GOLD Teaching Excellence Framework
University of the year for student experience
QS Five Star Rating 2019
Coventry City of Culture 2021