BSc Management Economics (Including Placement Year)
How can economic ideas and principles help us to understand how organisations work and industries function? What role do economic principles play in management decisions and in the analysis of strategic interactions among businesses and organisations? Unlike conventional management courses, at Essex you analyse the economics of a business or organisation and investigate how they operate and behave.
You develop your abilities in economics and gain confidence in applying them to organisational management, as well as receiving expert training in quantitative research methods. You gain a thorough understanding of how businesses function and develop your analytical, modelling and research skills through studying topics including:
Managing people and practices
Marketing
Monopoly power and regulation
Applying economic techniques to managing new technologies
The impact of business decisions on products, prices, and social welfare
We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021).
Management economics gives you a valuable grounding in economics, with a particular focus on how companies work. We provide you with a greater understanding of the how firms operate, teaching you how resources are allocated within a company, why a company is structured in a particular way, and how these structures affect the overall economy.
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
- Course Code: 5M00
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 04 Year
-
Total Tuition Fee:
82000 GBP
Average Cost of Living: 13632 GBP /year
Application Fee: N/A
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