Program Overview

Industrial Economics with Placement Year BSc

Overview

Our BSc Industrial Economics with Placement Year gives you a unique opportunity to explore how economics applies to real-world business challenges. You’ll learn how firms operate in competitive markets, how government policies shape business decisions, and how data can be used to drive innovation and strategy. Combining the rigour of an economics degree with practical insights into firms, markets, and competition, this course equips you with the skills and knowledge to understand and influence the decisions that shape today’s global economy.

Key Information

• UCAS Code: L1ND
• Duration: 4 years full-time
• Fees: £23,000 per year (Home students), £9,535 (International students)

Entry Requirements

• A Levels: AAA
• IB Score: 34 Points overall or 666 in 3 HL certificates
• GCSE Maths: 6 (B) or above OR 5 in standard level or 4 in higher level maths
• IELTS: 6.5 (no less than 6.0 in each element)

Course Structure

• Year 1: Entrepreneurial Ingenuity, Introduction to Economics, Microeconomics for Business, Foundational Skills for Economic Study, Quantitative Methods 1B for Finance
• Year 2: Industrial Economics I: Economics of Organisation and Innovation, Industrial Economics II: Pricing and Decision Making, Quantitative Methods 2A for Finance, Introductory Econometrics for Finance
• Year 3: Placement Year (minimum 9 months in industry)
• Year 4: Industrial Economics IV: Games and Strategies, Industrial Economics III: Market Structure and Competition Policy, Economics of Regulation and Public Policy, Corporate Restructuring and Governance

Modules

• Year 1:
  • Entrepreneurial Ingenuity
  • Introduction to Economics
  • Microeconomics for Business
  • Foundational Skills for Economic Study
  • Quantitative Methods 1B for Finance
  • Optional modules: Financial Accounting, Quantitative Methods 1A, Business Finance, Business Law, Computers in Business, Consumer and Market Relations, Fundamentals of Financial and Management Accounting, Managing Operations in the Digital Enterprise, Organisational Behaviour
• Year 2:
  • Industrial Economics I: Economics of Organisation and Innovation
  • Industrial Economics II: Pricing and Decision Making
  • Quantitative Methods 2A for Finance
  • Introductory Econometrics for Finance
  • Optional modules: Work and Society, Firm Strategy and Internationalisation, Calculus and its Applications, Sustainable Innovation in Entrepreneurial Organisations, Corporate Finance (Level 2), Database Design and Implementation, International Entrepreneurship, Management Accounting, Management Science for Business Decisions I, Management Strategy, Managing Tourism and the Environment: Conflict or Consensus, Marketing Management, The Psychology of Economic and Business Decisions, Supply Chain and Operations Planning, Topics in Labour and Personnel Economics
• Year 3: Placement Year (minimum 9 months in industry)
• Year 4:
  • Industrial Economics IV: Games and Strategies
  • Industrial Economics III: Market Structure and Competition Policy
  • Economics of Regulation and Public Policy
  • Corporate Restructuring and Governance
  • Optional modules: Applied Algebra, Applied Econometrics, Behaviour Economics and Finance, Business School Dissertation, Consumer Behaviour, Entrepreneurship for Social Change, Financial Markets: Theory and Computation, Law and Economics, Logistics and Supply Chain Management, Managing Information Technologies and Systems, Marketing and Society, New Venture Creation, Plant Location and Design, Risk Management Processes, Technology Entrepreneurship in Practice

Careers

• 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. Many others develop careers in management consultancy, marketing and human resource management.
• Average Starting Salary: £30,195
• Job Prospects: 87.80% of undergraduates from Nottingham University Business School secured graduate level employment or further study within 15 months of graduation.