Program Overview

Industrial Economics with Insurance BSc

Overview

The BSc Industrial Economics with Insurance will help you discover the answers to questions about how companies remain competitive in a crowded marketplace, how regulatory systems impact profit margins, innovation, and growth, and how they manage risk. This course is accredited by the Chartered Insurance Institute.

Course Details

• Qualification: Bachelor of Science with Honours
• UCAS Code: L1N3
• Duration: 3 years full-time
• Start Date: September 2025
• Fees: £9,535 (UK undergraduate students)

Entry Requirements

• A Levels: AAA
• IB Score: 34 Points overall or 666 in 3 HL certificates
• GCSE Maths: Grade 6 (B)
• GCSE English: Grade 4/C
• Other Qualifications: Access to HE Diploma, RQF BTEC Nationals, and other alternative qualifications are considered on an individual basis.

Course Structure

• Year 1:
  • Entrepreneurship: Theory and Practice
  • Introduction to Economics
  • Microeconomics for Business
  • Professional and Academic Development
  • Quantitative Methods 1B
  • Optional modules: Financial Accounting, Business Finance, Business Law, Computers in Business, Environment Society and Governance, Fundamentals of Financial and Management Accounting, Managing Operations in the Digital Enterprise, Organisational Behaviour, Quantitative Methods 1A, and Work and Society.
• Year 2:
  • Industrial Economics I: Economics of Organisation and Innovation
  • Industrial Economics II: Pricing and Decision Making
  • Quantitative Methods 2A
  • Introductory Econometrics
  • Firm Strategy and Internationalisation
  • Risk Management Decisions
  • Insurance in a Risky World
  • Optional modules: Calculus and its Applications, Corporate Entrepreneurship and Innovation Management, Management Accounting, Management Science for Business Decisions I, Management Strategy, Managing and Marketing Tourism, Marketing Management, The Psychology of Economic and Business Decisions, and Tourism Futures: The Challenge of Sustainability.
• Year 3:
  • Industrial Economics III: Market Structure and Competition Policy
  • Industrial Economics IV: Games and Strategies
  • Financial Economics
  • Economics of Regulation and Public Choice
  • Corporate Restructuring and Governance
  • Risk, Information and Insurance
  • Risk Management Processes
  • Optional modules: Applied Algebra, Applied Econometrics, Behavioural Economics and Finance, Business School Dissertation, Business, Government and Public Policy, Consumer Behaviour, Entrepreneurship for Social Change, Financial Markets: Theory and Computation, International Finance, Law and Economics, Logistics and Supply Chain Management, Managing Information Technologies and Systems, Marketing and Society, New Venture Creation, Plant Location and Design, and Technology Entrepreneurship in Practice.

Study Abroad and Placement Opportunities

• Study Abroad: Opportunities to study abroad at the university's campuses in China or Malaysia or at a partner institution in countries including Australia, Europe, and the USA.
• Optional Placement Year: Available as a four-year programme including a placement year, giving you real business experience.

Careers and Employability

• Graduate Destinations: Graduates from the Business School are highly sought after in the job market, going on to work in accountancy, banking, and other financial services.
• Average Starting Salary: £30,195
• Career Progression: 87.80% of undergraduates from Nottingham University Business School secured graduate-level employment or further study within 15 months of graduation.

Additional Information

• Digital Professional Skills Certifications: Opportunity to take industry-recognised Microsoft and SAP certifications alongside your degree programme at significant discounts from the open market rate.
• Teaching Methods: Lecture engagement sessions, small group teaching sessions, and online methods.
• Assessment Methods: Coursework, examinations, and assessed presentations.
• Contact Time and Study Hours: 8-12 teaching hours per week, with independent study expected to increase as you progress.