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Courses

L106 Economics with Business Placement BA Undergraduate  2018

Essentials

UCAS code L106
Degree BA
Mode of study Full Time
Duration 4 years
Location Durham City
Typical Offers A-Level
A*AA
International Baccalaureate
38
Please also check Requirements and Admissions.
Alternative qualifications

www.durham.ac.uk/undergraduate/apply/entry-reqs

Department(s) Website www.durham.ac.uk/business
Email business.ugadmissions@durham.ac.uk
Telephone +44 (0)191 334 6340

Course Summary

Description

Our BA Economics concentrates on the fundamental theories and techniques to help you build a successful career in this competitive field. Taking in historic and current, domestic and international perspectives, you’ll develop an in-depth understanding of the subject at all levels.

Year 1

In the first year, in addition to the compulsory modules of Principles of Economics, Economic Methods, and The World Economy, you choose three further optional modules from a selection that currently includes:

  • Accounting and Finance in Business
  • Introduction to Environmental Economics
  • Introduction to the History of Economic Thought
  • A module chosen from another department, which could include a foreign language.

Year 2

In the second year, you study three compulsory modules investigating Macroeconomics, Microeconomics and Economic Data Analysis, and choose three optional modules from a selection that currently includes:

  • Behavioural and Experimental Economics
  • Business Competition
  • Corporate Finance
  • Economics of Social Policy
  • European Economics
  • Intermediate Methods for Economics and Finance
  • One module from another department, which could include a foreign language.

Year 3

All of our degrees offer you the option of spending your third year gaining practical experience on a business placement. Business placements are a great way to develop your employment marketability and to engage with employers early in their recruitment pipeline. A placement requires a minimum of forty weeks of work experience, normally, between the beginning of July one year and the end of July the next year, and this then becomes the third year of a four-year degree programme. This allows you to really explore and understand your job and to find out if the career or company is for you.

  • You will develop your practical skills, confidence and maturity.
  • You can focus on a specific career path -many employers recruit graduates from their placement programme.
  • You will be able to contextualise your studies better, be more mature in your attitude to work,
  • You may decide to draw on your working experiences and access a more fulfilling dissertation research subject.
  • You will gain invaluable job search and graduate research skills by engaging in the competitive placement recruitment process.

To ensure you are getting the most out of your experience, we support your placement in a number of ways:

First Year Bootcamps to help you to develop your Placement Strategy and to identify and develop those skills and competencies that will be critical to ensure you are attractive to potential placement employers. These typically involve Employers, Placement Mentors and representatives from Colleges, Societies and the Volunteering Community in Durham.

Second Year Workshops support you through the placement application process and allow you to develop into a supportive student group to travel along the road of gaining a placement together. They enable you to get to know those students who will return with you in the fourth year. Workshops typically involve employers, and former placement students.

The DUBS Placement Programme includes a series of employer-led events which take place throughout term 1 and 2 and is open to all first year and second year placement students. The skills sessions and networking events allow students to develop essential employability skills as well as providing valuable insight into the recruitment process.

Placement Mentors: We have a mentorship scheme whereby former placement students share their experiences of the application process and placement with first and second year students and those out on placement. If you become a placement mentor on your return to University you can continue to develop your interpersonal skills and slide back into your University life with another key role which may well develop a new sense of belonging as well as another valuable contribution to your CV.

Placement Tutors: Whilst you are on placement you are assigned a tutor who will visit you, liaise with your employer and ensure you gain the most from your experience.

 

The Business Placement year fees are set annually by the University. For the definitive amount of the Business Placement year fees payable please contact our Placement Administrator, Vicky Anderson: [victoria.anderson@durham.ac.uk].

*The offer of a place on a ‘with placement’ degree does not imply that Durham University Business School guarantees to find the student a placement. The Business School, in association with the University, will assist students in finding and applying for placements, but it is the responsibility of the student to apply for and to obtain a placement (which is subject to approval by the Business School). In the event that a student is unable to obtain a placement, transfer to the equivalent ‘non-placement’ programme is guaranteed provided the student is eligible to transfer on academic grounds. In line with Home Office rules, students from outside the EU will transfer onto the ‘with business placement’ programme only once they have successfully secured a placement (normally at the end of their second year of study). Therefore due to visa requirements, we recommend that international students interested in the business placement year as part of their degree apply for this programme when making their application to us via UCAS.

Year 4

In the fourth year, you study a compulsory double module in which you write a Dissertation. In addition, you study four optional modules from a selection that currently includes:

  • Advanced Microeconomic Theory
  • Advanced Macroeconomic Theory
  • Applied Econometrics
  • Development Economics 
  • Environmental Economics and Policy
  • History of Economic Thought
  • Industrial Organisation 
  • International Economics
  • Labour Economics 
  • Monetary Economics 
  • Public Economics 
  • Security Investment Analysis
  • Game Theory and Applications
  • Post-Keynesian Economics
  • One module from another department.

 

 

Course Detail

To find out more about the modules available to students studying at Durham University please click here.

Please note: Current modules are indicative. Information for future academic years may change, for example, due to developments in the relevant academic field, or in light of student feedback.

Course Learning and Teaching

Students on this programme learn through a combination of lectures, seminars, workshops, informal but scheduled one-on-one support, and self-directed learning, such as research, reading, and writing.

All of these are supported by a state of the art virtual learning environment, Durham University Online (DUO). Seminars and workshops are much smaller groups than lectures, small enough to allow one-on-one interaction with professors, lecturers, and sometimes external speakers. Workshops also allow hands-on experience of the kind of work professional economists perform.

This emphasis on small-group teaching reflects a conscious choice to enhance the quality of the learning experience rather than the quantity of formal sessions. In fact, the degree programme is designed to feature fewer formal sessions and more independent research as students move from their first to their final year. Small-group teaching and one-on-one attention from the personal academic advisor (provided for all students when they enter the programme) are part of the learning experience throughout, but by the final year classroom time gives way, to some extent, to independent research, including a dissertation - supported by one-on-one supervision -that makes up a third of final year credits.

In this way the degree programme systematically transforms the student from a consumer of knowledge in the classroom to a generator of knowledge, ready for professional or postgraduate life. These formal teaching arrangements are supported by “drop-in” surgeries with teaching staff and induction sessions that begin in the week before the start of the programme and continue at key times throughout each year of the programme.

Students can also attend an extensive programme of research-focused seminars where staff and visiting scholars present their cutting edge research.

Admissions Process

Subject requirements, level and grade

In addition to satisfying the University’s general entry requirements, please note:

  • For all Single and Joint Honours degrees involving Economics, including Philosophy, Politics and Economics, we require you to obtain a Grade A at A-level Mathematics or its equivalent. For students taking the IB we are happy to accept either Higher Level grade 6 or Standard Level grade 7.
  • Applicants are encouraged to avoid studying both Economics and Business Studies A2-levels
  • We do not accept Advanced Higher Statistics as a substitute for AH Mathematics. If you are taking both of these subjects at this level then a further Advanced Higher is necessary.
  • If you are studying for the IB Diploma please note that we do not accept Mathematical Studies at standard level instead of standard level Mathematics.
  • We welcome applications from those with other qualifications equivalent to our standard entry requirements and from mature students with non-standard qualifications or who may have had a break in their study. Please contact our Admissions Manager
  • You are not required to have A-Level Economics though for anyone taking this subject this will form part of the offer made to you
  • We do not include General Studies or Critical Thinking as part of our offer
  • Typical IB score 38 to include 666 in higher level subjects. Higher level subject requirement, see above
  • If you do not satisfy our general entry requirements, the Foundation Centre offers multidisciplinary programmes to prepare you for a range of specified degree programmes
  • We are willing to consider applications for deferred entry from those who have well-structured plans for work or travel, for example. We may, however, need to restrict the number of deferred entry offers we make because we have to be careful not to fill too many of next year’s places in advance. However, if you do apply for a deferred place and are unsuccessful, you are welcome to reapply the following year.

Science A-levels

Applicants taking Science A-levels that include a practical component will be required to take and pass this as a condition of entry. This applies only to applicants sitting A-levels with an English examination board.

English Language requirements

Please check requirements for your subject and level of study.

How to apply

www.durham.ac.uk/undergraduate/apply

Information relevant to your country

www.durham.ac.uk/international/country.information/

Fees and Funding

Full Time Fees

EU Student £9,250.00 per year
Home Student £9,250.00 per year
Island Student £9,250.00 per year
International non-EU Student £18,300.00 per year

Note: Fees are subject to review and change in-line with inflation.

Please also check costs for colleges and accommodation.

Scholarships and funding

www.durham.ac.uk/undergraduate/finance 

Career Opportunities

Business School (School of Economics, Finance and Business)


"A degree from Durham University truly opens up windows of opportunity, I managed to secure a Graduate Accounts position with an international marketing company prior to graduation."

Claudine Andrew BA (Hons) Accounting & Finance


Of those students that left in 2015:

- 88% are in employment or further study

Of those in employment:

- 100% are in graduate level employment
- Median salary £30,300

(Source: Destinations of Leavers from Higher Education (DLHE) survey of 2014/15 graduates. The DLHE survey asks leavers from higher education what they are doing six months after graduation. Full definitions for the DLHE Record can be found here: www.hesa.ac.uk/support/definitions/destinations)

Employment development opportunities

The Careers, Employability and Enterprise Centre works closely with the Undergraduate Business Department to ensure that students receive information, advice and vacancies relevant to their needs. A Careers Adviser delivers talks focused on ensuring that students receive the most relevant and up to date advice about professions that are of interest to students in the department.

A wide range of work is carried out in conjunction with the Careers, Employability and Enterprise Centre to develop students' employability skills, including presentations/workshops on CVs, applications, assessment centres, interviews, commercial awareness, leadership, etc. 

Many recruiters of Durham Undergraduate Business School students attend careers fairs and run presentations on campus, including: Ernst & Young, KPMG, Deloitte, PWC, Rolls Royce, Lloyds TSB, Unilever, Procter & Gamble, IBM, Accenture, to name a few. Professional bodies like CIM (Chartered Institute of Marketing) and CIMA (Chartered Institute of Management Accountants) also attend events on campus.


"We have had a number of students from the Undergraduate Business School join our Summer Internship Programme who have made a real impact due to their enthusiasm and strong interpersonal skills. These candidates have then gone on to join in Graduate roles."

Neil McGuire, Graduate Recruitment, Ernst & Young


Examples of career destination:

  • Finance/Accountancy/Associate/Deloitte
  • Retail/Management/Trainee Manager/Marks & Spencer
  • Diplomat/ British Government
  • Finance/Investment Management/Analyst/Blackrock
  • Health/ Management/Graduate Management Trainee /NHS
  • Finance/Accountancy/ Trainee Chartered Accountant/ TindlesLLP
  • Car rental/Management Graduate Trainee Programme /Enterprise Rent-a-Car
  • Finance/Banking/ Business Advisor/Royal Bank of Scotland
  • Engineering & Construction/Graduate Scheme/Balfour Beatty
  • British Armed Forces/Officer/Army
  • HM Treasury/Policy Advisor/ British Government

Of those students that left in 2015:

- 96% are in employment or further study

Of those in employment:

- 98% are in graduate level employment
- Median salary £30,400

(Source: Destinations of Leavers from Higher Education (DLHE) survey of 2014/15 graduates. The DLHE survey asks leavers from higher education what they are doing six months after graduation. Full definitions for the DLHE Record can be found here: www.hesa.ac.uk/support/definitions/destinations)

A significant number of students progress on to higher level study following their degree; notably at Durham, but also at other prestigious institutions. Some remain within their academic field and pursue higher level research, others take a different role and pursue professional postgraduate programmes, including teaching, law, accountancy, marketing and mathematics.

Open days and visits

Pre-application open day

Pre-application open days are the best way to discover all you need to know about Durham University. With representatives from all relevant academic and support service departments, and opportunities to explore college options, the open days provide our prospective undergraduates with the full experience of Durham University.

Please see the following page for further details and information on how to book a place: www.durham.ac.uk/opendays

Discover Durham Tours

Discover Durham tours offer a brief introduction to the University. The tour begins at one of our undergraduate colleges, where you will receive an introductory talk from a member of college staff, followed by a tour of the college by current students.

www.durham.ac.uk/undergraduate/live/visit/discoverdurham

Overseas Visit Schedule

www.durham.ac.uk/international/office/meetus

Department Information

Business School (School of Economics, Finance and Business)

Overview

Economics is a multi-faceted discipline – let Durham University guide you to the top.

Our Economics degrees will provide you with a solid grasp of economic theory, applied economics and statistical techniques. They are an ideal preparation for employment in all areas of graduate work and our qualifications are highly successful in creating job opportunities.

You will be taught at Durham University Business School, one of the longest established business schools in the UK, in state-of-the-art facilities. The School is also one of an elite group of institutions in the UK to be accredited by all three major business accreditation bodies – the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA) and the European Quality Improvement System (EQUIS). This achievement is a testament to the quality of the School and provides the extra assurance that Durham University Business School and its programmes have been rigorously tested and proven to be of the high-quality demanded by today’s professionals.

Rankings
  • In the top 10 in The Guardian University Guide 2016.
    7th in The Complete University Guide 2016.

Staff

For a current list of staff, please see the Busines School web pages.

Facilities

The University Library has an excellent collection of economics books, journals and original source material and your college library may also have a good selection of important texts. You will have access to a range of networked PCs and a wide selection of standard software packages, as well as your own email address.

You will also use duo – Durham’s virtual learning environment – an integrated online solution to manage and improve your learning. duo offers not only facilities to structure learning content (web pages, lecture notes, interactive applications, audio and video clips), but also provides student management, communication and assessment tools.

Website
www.durham.ac.uk/business