Program Overview

Industrial Economics with Placement Year BSc

Overview

The BSc Industrial Economics with Placement Year is a four-year undergraduate program that provides students with a comprehensive understanding of the complex relationships between economics and global business practices. The program is designed to equip students with the skills and knowledge necessary to analyze and understand the behavior of firms and industries, and to develop strategies for success in a rapidly changing business environment.

Course Structure

The program consists of four years of study, with the third year spent on a placement in industry. The first two years provide a foundation in economics, business, and management, while the final year focuses on advanced topics in industrial economics and business strategy.

Modules

• Year 1:
  • Entrepreneurship: Theory and Practice
  • Introduction to Economics
  • Microeconomics for Business
  • Professional and Academic Development
  • Quantitative Methods 1B
  • Optional modules:
    • Financial Accounting
    • Quantitative Methods 1A
    • 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
    • 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
  • Optional modules:
    • Calculus and its Applications
    • Corporate Entrepreneurship and Innovation Management
    • Corporate Finance (Level 2)
    • Database Design and Implementation
    • International Entrepreneurship
    • Management Accounting
    • Management Science for Business Decisions I
    • Management Strategy
    • Managing and Marketing Tourism
    • 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)
  • Financial Economics
• Year 4:
  • Industrial Economics IV: Games and Strategies
  • Industrial Economics III: Market Structure and Competition Policy
  • Economics of Regulation and Public Choice
  • 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

Assessment

Methods of assessment vary, with some modules assessed by formal exam, some by coursework, and some by a combination of both. The nature of coursework also varies and includes individual essays, group and individual projects, case studies, and assessed presentations.

Careers

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. Recent graduates have gone on to work at organizations such as Accenture, Amazon, Apple, Barclays, Deloitte, HSBC, Lloyds Banking Group, Morgan Stanley, PwC, RBS, Samsung, and Santander.

Tuition Fees

• UK undergraduate students: £9,250 per year
• International students: £23,000 per year

Additional Costs

As a student on this course, you should factor some additional costs into your budget, alongside your tuition fees and living expenses. You should be able to access most of the books you'll need through our libraries, though the library will hold only a limited number of copies of core texts and these are in high demand during term and revision periods, so purchasing your own copy is advisable.

Scholarships and Bursaries

The University of Nottingham offers a wide range of bursaries and scholarships. These funds can provide you with an additional source of non-repayable financial help. For up-to-date information regarding tuition fees, visit our fees and finance pages.

Study Abroad

On this course, you can apply to study abroad at one of our partner institutions or at University of Nottingham China or University of Nottingham Malaysia. If you are successful in applying to study abroad, you will get the opportunity to broaden your horizons and enhance your CV by experiencing another culture. Teaching is typically in English, but there may be opportunities to study in another language if you are sufficiently fluent.