International Economics student profile
Find out about finalist Emma Alderton's Erasmus year in Lille and what she thinks of her course and Loughborough.
International Economics - 2017 entry
L115 - BSc (Hons) 3 years full-time
L110 - BSc (Hons) DPS/DintS* 4 years full-time sandwich
*Diploma in Professional/International Studies
- About the course
- Course structure
- Career opportunities
- Entry criteria
- Next steps
International Economics focuses on the trade, financial and development issues facing different economies and their institutional frameworks. This course is designed for those students who have an interest in different economies and the relationships between them. It is of particular attraction to those anticipating a career in organisations operating in a global range of markets, such as the World Bank.
About the course
Why countries specialise in certain goods and services for comparative advantage over other countries and how this changes over time, how global financial markets affect national economic policies, and how emerging and developing countries grow – these are all important questions that policy makers around the world are tackling today.
This course covers all the essential core modules in economics and also offers a distinct international flavour. In the second and final years of the degree you have the opportunity to specialise in areas that are of interest to you and your career aspirations, including international economic relations, international trade and development economics. Students are able to choose from a wide range of options which have an international dimension, such as energy and the environment.
As many of our staff regularly give presentations and advice to governments, institutions and firms throughout the world we are able to use first-hand experience to explain the international relevance of economic analysis to a wide range of current economic problems. For example, staff who have been advising international regulators are able to adapt the models involved in the classroom.
Optional Year on Professional placement or Studying Abroad
You can choose to extend your degree to a four year degree to include a year on professional placement, a year studying abroad, or six months of each.
- A salaried Professional Placement helps you test drive a career and stand out to employers. Our dedicated Placements Office work with over 400 leading employers of all sizes around the world to help you secure a placement. Typically around 1/3rd of placement students are offered a job by their placement employer.
- Studying Abroad at one of our partner universities around the world also boosts your employability and helps you develop intercultural skills highly prized by employers.
Satisfactory completion of either of these options results in either a Diploma in International Studies (DIntS) or a Diploma in Professional Studies (DPS) in addition to your degree.
The core subjects and options may vary from year to year. For the latest information please email us.
- Principles of Macroeconomics
- Principles of Microeconomics
- Data Analysis I & II
- Quantitative Economics
Plus four modules from this list of options: Principles of Law, Organisational Behaviour, Introduction to Accounting, Financial Reporting, Introduction to Democratic Government, Introduction to Sociology: Identities and Inequalities, Introduction to Sociology: Global, Social and Cultural Change, Introduction to Criminology and Social Policy, Geographies of Global Economic Change, Management of Human Resources, Applied Languages.
- Intermediate Macroeconomics
- Intermediate Microeconomics
- Introduction to Econometrics
- International Economic Relations
Plus a range of modules from a list of options including: Introduction to Financial Economics, Economics of the Financial System, Transport Economics, Principles of Marketing, Operations Management, Transport Economics, The Marketing Mix, The Economics of Social Issues, Accounting for Managers, Applied Languages.
Optional year on placement or studying abroad (or 6 months of each)
- International Money and Finance
- International Trade
- Development Economics
- Research and Communication Skills for Economics
Plus a range of modules from a list of options including: Financial Economics and Asset Pricing, Applied Econometrics, Developments in Macroeconomics, Developments in Microeconomics, Industrial Economics, Environmental Economics, Corporate Finance and Derivatives, Central Banking and Financial Crises.
The core subjects and options may vary from year to year. The latest information can be obtained via our website, or by emailing us.
Teaching and learning
Our extensive and regular interaction with major companies around the world ensures all our teaching is commercially relevant. Many of our teaching staff are invited by governments, the media and companies around the world to advise on issues of policy and practice. Their insights keep our courses up to date with the latest thinking and best practice.
In the first year, students can expect class contact time comprised of lectures, tutorials, computer workshops or clinics. There are also weekly Maths tutorials available for those students who do not have A-level Maths. Assessment is by a mix of coursework and examinations at the end of each semester. Coursework typically accounts for between one-fifth and one-third of the available marks for a module, although a few modules are assessed totally by coursework. Coursework assessment is based on individual essays, projects, multiple choice tests, computer-based exercises, class tests and group work.
Career opportunities for Economics graduates
Our great all-round student experience develops well-rounded graduates who are highly employable:
- All our courses offer the opportunity to include a year on professional placement or studying abroad to help you stand out to employers
- 97% of our 2015 Economics graduates who are employed are in professional/managerial roles, 6 months after graduating (DLHE 2015).
- The average salary for employed Economics graduates from 2015 is £28,000+, 6 months after graduating (DHLE 2015)
- Loughborough is one of the Top-15 universities most targeted by leading employers (The Graduate Market in 2016, High Fliers Research)
*Source: High Fliers Research, ‘The Graduate Market in 2016’, January 2016
Example BSc International Economics graduate destinations:
Employers regularly target Loughborough University graduates and students on this course take up a wide variety of roles in the financial sector.
- Aviva - Trainee Accountant
- Department of Health - Assistant Economist
- EY - Corporate Finance Analyst
- Hydrogen Group, Singapore - Senior Consultant
- Jaguar Land Rover - Financial Analyst
- Online Marketing People - Business Development Manager
- Pendragon plc (Graduate Assistant)
- PwC - Tax Consultant
Entry criteria – 2017 entry
|Information about the entry requirements for this course are below.|
|A-level||AAB (Excluding General Studies, Critical Thinking and Communication and Culture). In some circumstances we may ask applicants to achieve specific grades in certain subjects|
|SQA AH||AB Advanced Highers plus AAB Highers|
|IB||35 points minimum with Grades 6 6 5 at HL|
|Other||BTEC Level 3 Extended Diploma: DDD profile in relevant subjects|
|Additional||Strong GCSE profile including minimum grade B in Maths and English Language (or equivalent)|
All applications must be made through UCAS. To find out what to do next, please read our how to apply section.
SQA AH = Scottish Qualifications Authority Advanced Highers
IB = International Baccalaureate Diploma
BTEC = Business and Technology Education Council (UK)
If you are interested in studying our International Economics BSc please follow the links for further useful information:
- Fees and funding - find out how much your programme will cost
- How to apply - more about the application process
- Undergraduate open days - a chance to visit our outstanding campus
- Student profiles - find out about our award-winning student experience
- Placements - learn more about the year-long professional placements available on all our courses
- Study abroad - find out about our study abroad scheme
To enquire about any of undergraduate courses please contact:
Undergraduate Admissions and Recruitment Officer
Tel: +44 (0)1509 223393