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University of Essex

Colchester, England, United Kingdom

BSc Financial Economics (Including Year Abroad)

What causes 'credit crunches', and how do their effects spread throughout the economy? What determines the value of Pound Sterling relative to the US Dollar or Euro? How do stock market prices affect asset prices? Financial events are rarely far from headline news. They have an impact that extends far beyond the financial sector to affect almost every aspect of daily life, including income, employment, prices, property value and the cost of mortgages.

Our course is built on the core principles of economics, which are applied to your study of financial institutions (such as banks), financial markets (such as the stock exchange), and financial instruments. You receive a thorough introduction to economics and mathematics, as well as training in quantitative research methods.

You study the mathematical and statistical analysis of economic problems, and how the financial system functions, choosing from a range of topics on financial economics including:

Fundamentals of accounting
Business strategy and competition
Capital markets
Financial innovations and new forms of transaction media
Bonds and contracts
We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021).

The world of finance has an impact on people, business and government. Studying financial economics provides you with a foundation in economics, developing into a deep understanding of how the financial system works and the ways in which it affects our lives. By studying our course, you graduate with a strong training in financial economics.

Campus Information

Colchester campus

Wivenhoe Park, Colchester CO4 3SQ, United Kingdom

Intakes

  • Oct

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

You get more than just a degree with Essex Business School, you get a head start on your career. 
Our courses allow you to experience the cutting edge of modern business practices and are designed to equip you with the essential skills and knowledge that you will need for an exciting and fast-paced career in business and beyond. 

On this page you will find information on a wide variety of career pathways for business school graduates. From Accountant to Wall Street Wizard (yes, we encourage our graduates to build their own job titles where possible) you will discover where a degree from Essex Business School could take you.

We are a big department with academic expertise in five key subject areas: accounting, finance, entrepreneurship, management and marketing. Therefore, this page will guide you through the key skills and alumni destinations for each of our subject areas.

As business themes operate through every industry you will find that doors open for business school graduates in virtually every sector. On this page you’ll hear from business school graduates who have taken their opportunities and built upon the skills gained on their degrees to become entrepreneurs, traders, business leaders and so much more.

Which career will suit me?

  • Graduates from business subjects typically have good commercial awareness which makes them very versatile candidates and attractive to recruiters.
  • Many graduates go on to have successful careers in HR, finance, marketing, new venture creation and consulting and are often suited to professional level employment soon after graduation.
  • Graduates from Essex Business School are very well suited to entrepreneurship and often set up their own businesses either as students or shortly after graduating.

At Essex Business School, we have five core subject areas, plus The Essex MBA. To find out about the specific career prospects for your chosen subject, click on one of the panels below. To find out more about how Essex Business School supports your employability skills and career prospects more generally as a department, please keep scrolling.

PSW Opportunity

  • 2 Years PSW is applicable after completing a minimum duration of 9 months course (like- Undergraduate, Postgraduate Level)
  • 3 Years PSW is applicable after completing PhD level courses.

Admission Requirement / Eligibility Criteria

FOR INDIA

  • Most of our Undergraduate Bachelor degree courses will consider an average of 60% from the best four subjects from Indian high school qualifications. If you achieve 70% in English from CBSE or CISCE exam board qualification, you will not normally require a separate English language test score.

FOR BANGLADESH

  • Previous university/college study is required in addition to local high school qualifications for our Undergraduate Bachelor degree courses. We accept a number of international qualifications, including the International Baccalaureate with the majority of our courses requiring grade 30 or above, or the SATR with the majority of our courses requiring a minimum of 1100 out of 1600 with 550 in each test.

FOR NEPAL

  • Previous university/college study is required in addition to local high school qualifications for our Undergraduate Bachelor degree courses. We accept a number of international qualifications, including the International Baccalaureate with the majority of our courses requiring a grade 30 or above or the SATR with the majority of our courses requiring a minimum of 1100 out of 1600 with 550 in each test.

FOR SRI LANKA

  • Most of our Undergraduate Bachelor degree courses will consider BBB from Sri Lanka Advanced Level.

IELTS (Academic)

6.0 overall with a minimum of 5.5 in each component

Second and Final Year Direct Entry

6.5 overall with a minimum of 5.5 in each component

Essex Pathways degrees including foundation year (EU applicants only)

5.5 overall with a minimum of 5.5 

Certificate of Higher Education in East 15 Acting School in each component

5.0 overall with a minimum of 4.0 in each component

TOEFL (iBT)

76 overall, with a minimum of 18 in reading, 17 in listening, 20 in speaking and 17 in writing

Pearson Test of English Academic

50 overall, with a minimum of 42 in each component

Cambridge English Qualifications

A score of 169 overall on the Cambridge English Scale, with a minimum of 162 in each component