2019
2020

Mathematics with Economics BSc (Hons)

Course overview

  • Course level
    Undergraduate
  • Course type
    Full-time
  • Duration
    4 Years
  • Course options
    Integrated placement
  • UCAS code(s)
    G1L1
  • School
    Aston Business School, School of Engineering & Applied Science

Entry requirements

  • A levels (2020 entry)
    ABB-BBB to include Maths at minimum Grade B
  • BTEC
    Extended Diploma: DDM plus A level Mathematics at minimum Grade B. Please see below for more information.
  • International Baccalaureate
    31 overall points with 5, 5, 5 in Higher Level subjects, including Higher Level Maths at grade 5.
  • GCSE
    Maths and English Grade C/4 and above.
More information
Apply via UCAS

Key Dates

  • Start date
    September
  • Open Days
    Our next Open Day is taking place on:
    Saturday 5th October
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Here is Mathematics

Get a flavour of what it's like to study Mathematics at Aston. Two of our students tell us about their student experience here.

Aston Business School is in the 1% of business schools globally with triple accreditation

Economics at Aston is ranked 9th in the UK for graduate prospects (Sunday Times 2018)

Opportunity to undertake a placement year and gain invaluable professional experience

Accredited by the Institute of Mathematics and its Applications (IMA)

Course summary

Recent graduates from this course have secured roles such as Graduate Forensic Accountant, Acturial Analyst, Asset & Liabilities Management Analyst and Route Analyst.

Entry Requirements & Fees for 2020

3 years full-time / 4 years full-time with integrated placement year

 

UCAS Code: G1L1

 

All candidates are considered on an individual basis and the whole application is reviewed which includes previous and predicted qualifications, any experience, references and motivation.

 

Whilst the grades listed here are our entry requirements, we understand that predicted grades are only an estimate. We will therefore consider applicants with predicted grades of CCC if the application is of a high standard which includes a strong personal statement and academic reference. However, any offer made will not be lower than stated below.

 

More on Admissions Policy

 

Applicants whose first language is not English will be required to provide evidence of an English language qualification. Find out more about our English language requirements. For more information about qualifications view our Aston in your country webpage.

 

Applicants receiving offers are invited to an Applicant Visit Day.

 

Tuition fees: 

 

£9,250 (£1,250 during placement year) for UK/EU students (2020/21)     £16,700* for Outside EU students (2020/21) Placement Year: £2,500 for International Students

 *Tuition fees are reviewed annually and may increase in subsequent years in line with inflation linked to the Retail Price Index (RPI) to take account of the University’s increased costs of delivering the Programme. When undertaking a placement year a placement year fee applies.

 More on fees

 

Typical offer level 

 

A levels: ABB-BBB, to include A level Maths at minimum Grade B.

 

GCSE: Maths and English Grade C/4.

 

BTEC

 

  • Extended Diploma and National Extended Diploma (Any subject): DDM plus 1 A-Level in Mathematics grade B
  • National Diploma and Diploma (any subject): DD plus 1 A-level at minimum Grade B in Mathematics.
  • Foundation or 90 credits Diploma (any subject): DD plus 2 A-level minimum grade B including at least Mathematics.
  • National Extended Certificate or Subsidiary Diploma (any subject): D plus 2 A-level minimum Grade B including at least Mathematics
  • Certificate/ National Certificate Level 3: Not accepted

 

International Baccalaureate Diploma: 31 overall points with 5, 5, 5 in Higher Level subjects including a minimum grade 5 in Mathematics. 

 

Access to Higher Education: Not accepted

 

Non-standard qualifications

 

Degree: 

 

Year 1 entry: We may consider applicants for year 1 entry who are undertaking a 1st year degree elsewhere. You must meet the GCSE and A level (or equivalent) requirements as listed. In order to be considered you will need to submit a UCAS application as we do not accept direct applications and this must include an academic reference.

 

Year 2 entry: Please note that second year transfers are not part of the standard admissions process and is up to the discretion of the admissions team and programme director. Applications are only considered if there is space on that year of the programme. Typically, applicants for second year entry must meet the GCSEs and A level (or equivalent) requirements as listed. Alongside this you must have gained (or be expected to gain) 65% overall and 120 credits on an equivalent programme at another recognised university. The equivalency of the programme is reviewed by the Admissions Tutor and you will be required to provide an official copy of the programme specification of this. In order to be considered you will need to submit a UCAS application as we do not accept direct applications and this must include an academic reference.

 

Year 3: We will not be able to consider any application for Year 3 

 

The information contained on this website details the typical entry requirements for this course for the most commonly offered qualifications.

 

Applicants with alternative qualifications may wish to enquire with the relevant admissions teams prior to application whether or not their qualifications are deemed acceptable.

 

For less commonly encountered qualifications this will be judged on a case-by-case basis in consultation with the academic admissions tutor.

 

Course outline

In today's rapidly evolving information age, employers in dynamic and well-paid businesses have great demand for graduates with strong mathematical skills and specific knowledge about economics, business and finance, and the ability to analyse and model complex real-world problems in a mathematical way.

Mathematics provides the advanced tools and techniques needed for facing these new tasks, and takes an increasingly significant role in future developments, as businesses and people become more connected and take decisions with the help of algorithms designed by mathematicians and data analysts. Graduates who speak the international language of mathematics and who have acquired specific knowledge about the business and finance world are in a privileged position to shape the world of tomorrow.

The joint honours BSc (Hons) Mathematics with Economics programme, delivered jointly by the Mathematics group of the School of Engineering and Applied Science and the Aston Business School, combines economics, finance and business oriented modules with applied Mathematics modules. The course incorporates a placement year after the second year (sandwich course). Combining both principal and specialised subjects, the course prepares students for high-level careers in the private and public sectors.

 

Subject guide & modules

 

Students studying Maths with Economics take 120 credits of modules per year, 80 from maths modules and 40 from economics modules. A 10 credit module comprises approximately 100 learning hours and has up to three contact hours per week.

 

More information on studying Mathematics at Aston

 

Year 1

In the first year of the course, students study fundamental Mathematics and Economics modules.

  • Fundamental Mathematics
  • Vector Algebra and Geometry
  • Probability and Statistics
  • Introduction to Microeconomics
  • Probability Distributions
  • Ordinary Differential Equations
  • Numerical Algorithms and Programming
  • Introduction to Macroeconomics

 

Year 2

The second year of Mathematics with Economics combines intermediate-level mathematics with intermediate-level economics and transferable skills modules. The core modules are:

  • Vector Calculus
  • Principles of Microeconomics
  • Introduction to Econometrics 1
  • Principles of Macroeconomics

At this stage, the students start specialising in different areas of Mathematics and Economics and can choose four among the following optional modules

  • Linear Mathematics
  • Professional Practice
  • Introduction to Numerical Analysis
  • Mathematical Methods
  • Complex Analysis
  • Numerical Analysis
  • Machine Learning
  • Introduction to Econometrics 2
  • Markets, Games and Strategy

 

 

Year 3 placement year

 

See placement year section or find out more about the Aston placement year.

If you choose to do a placement year, you will choose one of the following:

  • EAS Study Placement Year 
  • EAS Industrial Placement Year 
  • EAS Study/Work Placement Year

 

Final year

At this stage, you will have two core modules:

  • Further Topics in Microeconomics
  • Further Topics in Macroeconomics

You will also choose 6 modules from the following options (and possibly year 2 options that had not been selected previously):

  • Approximation Theory
  • Mathematics Report
  • Mathematics Project
  • Chaos and Dynamical Systems
  • Stochastic Processes
  • Financial Mathematics and Portfolio Theory
  • Option Theory
  • Time Series
  • Network Science
  • Game Theory
  • Partial Differential Equations
  • Probabilistic Modelling
  • Quantum Computing
  • Microeconometrics
  • Macroeconometrics (Time Series)

 

Learning, teaching & assessment

You will benefit from a range of teaching methods and learning styles including:

  • Lectures, seminars and small group discussions
  • Lab exercises and practical classes
  • Individual and group projects

Assessment depends on the module and consists of written exams, projects, reports/essays and coursework (or a combination of these).

Programme regulations

 

Attendance Requirements

Sandwich students are normally required to attend the University for nine terms over a period of four consecutive academic years.

Industrial/Professional Placement

The third stage is either the module EAS Study Placement Year, EAS Industrial Placement Year or EAS Study/Work Placement Year, all of which carry 120 credits.

 

Placement year

Through its established reputation at postgraduate level in the field, the Mathematics team at Aston has built up strong links with major employers ranging from major communication companies to the pharmaceutical industry. Also, Aston Business School has excellent links to finance, commerce and industry.

As part of the 4-year integrated placement course you spend your third year in a paid professional placement of direct relevance to your studies. This placement will give you invaluable practical experience in a real work environment and will further enhance your career prospects.

You'll receive plenty of help in finding your placement through our programme of preparation, support and advice. Specialist support and supervision from the University will be offered to you during your placement as well. Around 30% of our students are offered graduate jobs by their placement employer.

For our Joint Honours Mathematics students, our current and recent placement employers include companies in the UK and abroad such as: Lloyds Banking, UK Dept of Health and Social Care, BT, Gazprom, TJX Europe, Warner Bros, Walt Disney, NPower, Argos Financial, Deutsche Bank, 3M, National Grid, Harrods, Merck Chemicals, Ofgem, PWC, CrossCountry Trains, Black&Decker, and Renault.

 

Professional Accreditation

Accredited by the Institute of Mathematics and its Applications (IMA).

This course is accredited by the IMA for the purposes of meeting the educational requirements of Chartered Mathematician designation (subject to training and experience in employment to obtain equivalent competencies to those specified by the QAA for taught masters degrees).

Find out more about the accreditation. 

Find out more about what this means here. 

Career prospects

The course has been specifically designed to meet the huge demand for skilled Mathematics graduates with solid training in Economics, mostly across the finance and information-intensive sectors. An external panel from industry has advised on the content and structure of the course. Graduates may be employed in a broad range of positions; for instance in research and development teams as part of a large company or in start-ups, as trainee analysts and consultants. Graduates may also continue their training in MSc and PhD courses, or pursue teaching and education careers. Typical areas of employment included finance, IT, education and consultancy.

 

Personal development

The Mathematics with Economics course is designed to support development outside of the academic discipline to foster and encourage skills required within the workplace.

  • In the first year, students practice mathematics and economics writing skills, developing communication strategies that prove essential during the placement year or in the final year projects.
  • In the second year, presentations and writing skills are developed to include the writing and presentation of technical documents, as well as engaging students in the issues faced by the scientific community when developing leading-edge research.
  • In the final year, students are able to undertake an individual research project which is mentored by an academic supervisor and contributes towards a significant portion of the final degree classification. This allows students to demonstrate the life-skills they have learnt on the modules, and practised whilst on industrial placement. These include time management, planning, research and report writing.

Employers appreciate Mathematics highly as an academic discipline. By dealing with and communicating complex concepts and ideas, it trains the mind in a way that will never become outdated. It allows students to hone analytical skills that – together with specific knowledge about Economics – are valued by companied across many different sectors.

Facilities and equipment

Amongst the most advanced in British Higher Education, Aston University recently invested £4m in a major upgrade of its campus IT network. The facilities include a 100-seat PC teaching lab with audio-visual projection facilities and three other labs. Additional labs provide high performance workstations reserved for project work and specialist teaching. In addition, our Programming Support Office is available to help you with computer programming modules.

The teaching facilities of Aston University undergo a constant process of updating and refurbishment. All lecture theatres and seminar rooms are fully equipped with the latest teaching aids and extensive use is made of our Virtual Learning Environment to help support your studies.

.

Teaching staff

 

Economics modules will be taught by staff from different departments of the Aston Business School.

 

Further information

For further information contact:

EAS Undergraduate Admissions Office

+44 (0)121 204 3400

ugadmissions@aston.ac.uk

What's it like to study at Aston?

Be prepared for three or four life changing years at Aston, and you will come out as an extremely well-rounded individual ready for the world of work.

Gurbir Singh
Graduate Analyst, Barclays

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