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Financial Economics (BSc): 4-year, part-time

Applications for this course will open in October

Our BSc Financial Economics will provide you with a core set of technically demanding, yet applications-oriented, skills in financial economics and an extensive knowledge of the financial sector. You will acquire the knowledge and skills needed for working in professions requiring economic and financial literacy. You will also gain hands-on experience in academic research and data analysis, as a practical project is an integral part of the degree.

This is a rigorous course that combines an open admissions policy with high standards. Where there are gaps in your previous education we will fill those gaps, but you will also achieve the same standard of training in the core skills of finance and economics as in any other financial economics degree in the UK. The course is fairly demanding in terms of its use of quantitative techniques. If you have not studied maths for some time, we offer an intensive two-week evening preliminary or refresher course prior to the start of the degree.

This course is also available for full-time evening study over three years.

Highlights

  • The programme offers a well-integrated interdisciplinary core, allowing you to obtain a broad and balanced perspective, while the unique two-pathway structure allows you to tailor your studies and focus on either the technical or the applied aspects of financial economics.
  • In the most recent Research Excellence Framework (REF), more than half of our research outputs in Economics were ranked world-leading or internationally excellent.
  • We have an excellent reputation for the quality of our teaching, providing training for employers such as the Treasury and the Bank of England.
  • You will be taught by academics who are professional practitioners in the world of economics and international finance, and who provide specialist advice and in-house training for government departments and City firms and banks.
  • The Department of Economics, Mathematics and Statistics brings together research and teaching in economics, finance, mathematics and statistics in a single department, which creates significant interdisciplinary synergies.

Course structure

You must complete modules worth a total of 360 credits.

  • Years 1, 2 and 3: three compulsory modules in each year
  • Year 4: one compulsory module and two option modules

There is an opportunity to switch into the BSc Economics degree at the end of Year 1, should your interests change during your first year.

Module groups

Please note that option modules are subject to availability and timetable constraints and may change from year to year.

Birkbeck makes all reasonable efforts to deliver educational services, modules and programmes of study as described on our website. In the event that there are material changes to our offering (for example, due to matters beyond our control), we will update applicant and student facing information as quickly as possible and offer alternatives to applicants, offer-holders and current students.

  • Entry Requirements

    Entry requirements

    We welcome applicants without traditional entry qualifications as we base decisions on our own assessment of qualifications, knowledge and previous work experience. We may waive formal entry requirements based on judgement of academic potential.

    Foundation Year Degrees

    If you need extra support before starting an undergraduate degree, we offer a BSc Financial Economics with Foundation Year degree, which provides two extra years of supported study. This is an ideal route if you are returning to study after a gap, or if you have not previously studied this subject, or if you did not achieve the grades you need for a place on this degree.

    Once you successfully complete the Foundation Year, you will automatically advance onto the main degree.

    Alternative entry routes

    Access to Higher Education Diploma with a minimum of 15 credits achieved at Merit or Distinction in accounting, business or economics units.

    If you are returning to study, the Certificates of Higher Education in Economics or Higher Education Introductory Studies are accepted as an entry requirement onto the BSc if you successfully complete the designated modules to the appropriate standard. If you pass the modules Economic Principles and Quantitative Economic Methods with a pass rate of 60% or above, you can apply for admission to our BSc Economics, BSc Financial Economics, or our BSc Finance with Accounting programmes.

    English Language Requirements

    If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests. We also accept other English language tests.

    If you don’t meet the minimum English language requirements, or see our international study skills page for more details of how we can help.

    Visit the International section of our website to find out more about our English language entry requirements and relevant requirements by country.

    Visa requirements

    If you are not from the UK and you do not already have residency here, you may need to apply for a visa.

    The visa you apply for varies according to the length of your course:

    • Courses of more than six months' duration: Student visa
    • Courses of less than six months' duration: Standard Visitor visa

    International students who require a Student visa should apply for our full-time courses as these qualify for Student visa sponsorship. If you are living in the UK on a Student visa, you will not be eligible to enrol as a student on Birkbeck's part-time courses (with the exception of some modules).

    For full information, read our visa information for international students page.

    Please also visit the international section of our website to find out more about relevant requirements by country.

    Credits and Accredited Prior Learning (APL)

    If you have studied at university previously, you may have accumulated credits through the modules you studied. It may be possible to transfer these credits from your previous study to Birkbeck or another institution. You should discuss this with the Programme Director when you are making your application.

    Find out more about credits and Accredited Prior Learning (APL).

  • Fees

    Fees

    To be confirmed

    TUITION FEE AND MAINTENANCE LOANS

    Eligible full-time and part-time students from the UK don’t have to pay any tuition fees upfront, as government loans are available to cover them.

    Maintenance loans are also available for eligible full-time and part-time UK students, to assist with covering living costs, such as accommodation, food, travel, books and study materials. The amount you receive is means-tested and depends on where you live and study and your household income.

    Funding for EU students is changing from August 2021: find out about details of these changes.

    Find out more about tuition fee and maintenance loans for full-time and part-time students at Birkbeck.

  • Teaching and assessment

    Teaching

    At Birkbeck, almost all of our courses are taught in the evening and our teaching is designed to support students who are juggling evening study with work and other daytime commitments. We actively encourage innovative and engaging ways of teaching, to ensure our students have the best learning experience. In the 2017 Teaching Excellence Framework (TEF), the government’s system for rating university teaching, Birkbeck was allocated a Silver award.

    Teaching may include formal lectures, seminars, and practical classes and tutorials. Formal lectures are used in most degree programmes to give an overview of a particular field of study. They aim to provide the stimulus and the starting point for deeper exploration of the subject during your own personal reading. Seminars give you the chance to explore a specific aspect of your subject in depth and to discuss and exchange ideas with fellow students. They typically require preparatory study.

    Our distance-learning and blended-learning courses and modules are self-directed and we will provide you with interactive learning opportunities and encourage you to collaborate and engage via various learning technologies. These courses involve limited or no face-to-face contact between students and module tutors.

    In addition, you will have access to pastoral support via a named Personal Tutor.

    Methods of teaching on this course

    Face-to-face teaching, lectures and seminars.

    Teaching hours

    Our evening hours are normally between 6pm and 9pm (6-7.30pm and 7.30-9pm). Some programmes also offer teaching during the day and this will be clearly signposted to you where it is available.

    On our taught courses, you will have scheduled teaching and study sessions each year. Scheduled teaching sessions may include lectures, seminars, workshops or laboratory work. Depending on the modules you take, you may also have additional scheduled academic activities, such as tutorials, dissertation supervision, practical classes, visits and field trips. On our taught courses, the actual amount of time you spend in the classroom and in contact with your lecturers will depend on your course, the option modules you select and when you undertake your final-year project (if applicable).

    Alongside your contact hours, you will also undertake assessment activities and independent learning outside of class. The amount of time you need to allocate to study both for taught sessions (this might include online sessions and/or in-person sessions) and personal study will depend on how much you are studying during the year and whether you are studying full time or part time.

    Birkbeck’s courses are made up of modules and allocated ‘credit’. One credit is equivalent to ten hours of learning time. Modules are usually in 15, 30 or 60 credit units. A 15-credit module will mean around 150 hours of learning, including taught sessions and independent study or group work. This is spread out over the whole period of that module and includes the time you spend on any assessments, including in examinations, preparing and writing assessments or engaged in practical work as well as any study support sessions to help you in your learning.

    On our distance-learning and blended-learning courses, discussion, collaboration and interaction with your lecturers and fellow students is encouraged and enabled through various learning technologies.

    Timetables

    Timetables are usually available from September onwards and you can access your personalised timetable via your My Birkbeck Profile online (if you have been invited to enrol).

    Indicative class size

    Class sizes vary, depending on your course, the module you are undertaking, and the method of teaching. For example, lectures are presented to larger groups, whereas seminars usually consist of small, interactive groups led by a tutor.

    Independent learning

    On our taught courses, much of your time outside of class will be spent on self-directed, independent learning, including preparing for classes and following up afterwards. This will usually include, but is not limited to, reading books and journal articles, undertaking research, working on coursework and assignments, and preparing for presentations and assessments.

    Independent learning is absolutely vital to your success as a student. Everyone is different, and the study time required varies topic by topic, but, as a guide, expect to schedule up to five hours of self-study for each hour of teaching.

    On our distance-learning and blended-learning courses, the emphasis is very much on independent, self-directed learning and you will be expected to manage your own learning, with the support of your module tutors and various learning technologies.

    Study skills and additional support

    Birkbeck offers study and learning support to undergraduate and postgraduate students to help them succeed. Our Learning Development Service can help you in the following areas:

    • academic skills (including planning your workload, research, writing, exam preparation and writing a dissertation)
    • written English (including structure, punctuation and grammar)
    • numerical skills (basic mathematics and statistics).

    Our Disability and Dyslexia Service can support you if you have additional learning needs resulting from a disability or from dyslexia.

    Our Counselling Service can support you if you are struggling with emotional or psychological difficulties during your studies.

    Our Mental Health Advisory Service can support you if you are experiencing short- or long-term mental health difficulties during your studies.

    Assessment

    Assessment is an integral part of your university studies and usually consists of a combination of coursework and examinations, although this will vary from course to course - on some of our courses, assessment is entirely by coursework. The methods of assessment on this course are specified below under 'Methods of assessment on this course'. You will need to allow time to complete coursework and prepare for exams.

    Where a course has unseen written examinations, these may be held termly, but, on the majority of our courses, exams are usually taken in the Summer term, during May to June. Exams may be held at other times of the year as well. In most cases, exams are held during the day on a weekday - if you have daytime commitments, you will need to make arrangements for daytime attendance - but some exams are held in the evening. Exam timetables are published online.

    Find out more about assessment at Birkbeck, including guidance on assessment, feedback and our assessment offences policy.

    Methods of assessment on this course

    Most modules are assessed by course assignments and/or in-class tests and an unseen formal examination in June.

    In the final year, there are two taught modules and a 5000-word project.

    Breakdown of assessment on this course

    The balance of assessment by examination and assessment by coursework will often depend on the option modules you choose. The approximate percentages for this course are as follows:

    Year % Exams % Practical % Coursework
    1 44 7 56
    2 70 0 30
    3 80 0 20
    4 47 0 53
  • Careers and employability

    Careers and employability

    Graduates can pursue career paths in the financial sector or economics. This degree may be useful in becoming a:

    • financial risk analyst
    • bank manager
    • economist
    • statistician.

    We offer a comprehensive Careers Service - Birkbeck Futures - your career partner during your time at Birkbeck and beyond. At every stage of your career journey, we empower you to take ownership of your future, helping you to make the connection between your experience, education and future ambitions.

  • How to apply

    How to apply

    You apply directly to Birkbeck for this course, using the online application link. Please note that online application will open in September.

    You will need to prove your identity when you apply - read more about suitable forms of identification.

    When to apply

    You are strongly advised to apply now, to ensure there are still places on your chosen course and to give you enough time to complete the admissions process, to arrange funding and to enrol.

    You don't need to complete your current programme of study before you apply - Birkbeck can offer you a place that is conditional on your results.

    You will also receive information about subject-specific induction sessions over the summer.

    Help and advice with your application

    Get all the information you need about the application, admission and enrolment process at Birkbeck.

    Our online personal statement tool will guide you through every step of writing the personal statement part of your application.