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The first intake for this course is Sept 2021/22.

Subject to validation.

Fascinated by what makes the financial world tick? Want to make your mark in business and investment? Our BSc (Hons) Economics and Finance course builds the analytical skills and knowledge you’ll need to carve out a successful career in the finance sector. It’s designed around the research of our teaching experts and backed by excellent industry links.

During the course, you’ll dig deep into modern economics and how it influences the financial systems and organisations around us. And you’ll develop your understanding of microeconomics, macroeconomics, corporate governance and corporate social responsibility.

Your main base is the Newcastle Business School. But in your third year, you’ll have the chance to venture further afield with an optional industry placement, applying your knowledge and securing critical experience in the real world.

It’s not just about developing skills, but also boosting employability once you leave us. In recent years, our students have spent their placement working with some of the biggest names in the business – including the Bank of England and Bloomberg LP. Many have then gone on to secure full-time graduate positions with their placement year employer.

Course Information

UCAS Code
L101

Level of Study
Undergraduate

Mode of Study
4 Years Full Time

Department
Newcastle Business School

Location
City Campus, Northumbria University

City
Newcastle

Start
September 2021

Fee Information

Module Information

Student Life / #IAmNorthumbria

Discover more about life in Newcastle and studying at Northumbria.

Department / Newcastle Business School

Newcastle Business School has a global reputation for delivering some of the best business management education in the UK.

The Business Clinic / Real-World Experience

Highly acclaimed by clients as successful, as students get to the root of the problem, and results in a detailed report and presentation of their recommendations.

Sustainability / Northumbria supports the UN Sustainable Development Goals

Book an Open Day / Experience Economics and Finance BSc (Hons)

Visit an Open Day to get an insight into what it's like to study Economics and Finance. Speak to staff and students from the course and get a tour of the facilities.

The course begins with an introduction to mathematical and statistical techniques – building familiarity with the core elements of micro and macroeconomics. As it progresses, you’ll  pursue your own research and analysis – developing your microeconomic skills and analytical reasoning by studying the strategies firms use to compete and maximise profit.

The course culminates in a final year dissertation. As part of this, you’ll explore a topic of your choice – or one related to your undergraduate consultancy project – working to solve a real financial business problem.

You’ll learn through lectures, seminars and workshops, independently as well as in groups. Many modules focus strongly on problem-based learning and enable you to get hands-on with industry-standard financial and economics software.

Alongside our teaching, you’ll benefit from a well-designed support system to help you develop the academic study skills you need. And we make sure that we build extensive feedback, from both tutors and peers, into the course. If you’re a non-UK student, you can choose optional sessions to help develop both your academic language and study skills.

Book an Open Day / Experience Economics and Finance BSc (Hons)

Visit an Open Day to get an insight into what it's like to study Economics and Finance. Speak to staff and students from the course and get a tour of the facilities.

Newcastle Business School has a global reputation for delivering some of the UK’s best business management education. We’re part of an elite group of business schools worldwide with double accreditation from the Association to Advance Collegiate Schools of Business (AACSB) in business and accounting.

Our staff have come to us from a range of backgrounds and now share their passion with students. Specialisms include consumer decision-making, evaluations of sports events and business performance management. The School’s teaching team is always looking to explore new fields of knowledge and generate ground-breaking concepts and insights. Over 40% of our publication outputs and 60% of our impact case studies were assessed as internationally excellent or world leading in the REF 2014.

Book an Open Day / Experience Economics and Finance BSc (Hons)

Visit an Open Day to get an insight into what it's like to study Economics and Finance. Speak to staff and students from the course and get a tour of the facilities.

At Newcastle Business School you’ll experience a first-class education in a world-class environment. From our social spaces and hub areas to lecture theatres and exhibition spaces, our facilities are exceptional. For example, the 24/7 university library achieves some of the highest levels of student satisfaction in the UK and has held the Cabinet Office accreditation for Customer Service Excellence since 2010.

We’re also committed to helping you make the most of Technology Enhanced Learning (TEL) by embedding it throughout the course. Tools such as the ‘Blackboard’ eLearning Portal and electronic reading lists are there to help you efficiently and thoroughly prepare for seminars and independent research. Lecture capture software means you can revise previously lectured material online in your time, as well as at your speed.

On the School’s ground floor, you’ll find our innovative Bloomberg Trading Room. It’s where you can put your financial and analytical skills to the test in a simulated trading environment using fully equipped Bloomberg terminals.

What’s more, there are plenty of opportunities to put your learning into practice through volunteering, internships and placements. This includes the Business Clinic that enables our students to participate in a ‘consultancy firm’ to provide advice for our region’s businesses.

Business Facilities

Newcastle Business School delivers first class teaching in a world class environment.

City Campus East

360 Tour

As a professional and international School, the Newcastle Business School develops individuals to achieve leadership, management and employability potential through business relevant, research engaged education.

Northumbria University Library

Book an Open Day / Experience Economics and Finance BSc (Hons)

Visit an Open Day to get an insight into what it's like to study Economics and Finance. Speak to staff and students from the course and get a tour of the facilities.

With us, your learning will be influenced and inspired by our teaching team’s active research into their specialist subjects. These include equity financing, systemic risk, forensic accounting and fraud, plus the wider accounting and finance domain.

All modules reflect a research-rich approach which will help you become a more critical, reflective and independent thinker. You’ll become skilled in formulating questions, critiquing different interpretations – and developing well-founded arguments.

During your studies you’ll analyse research within a specific area of accounting and finance, drawing on relevant concepts and frameworks to create a critical synthesis of business practice and academic theory. This will develop your ability to conduct, analyse and interpret financial data – ready to be applied in real-world scenarios during your career.

Research / Newcastle Business School

Newcastle Business School (NBS) is the 8th most improved Business School in the 2014 Research Excellence Framework (REF) National Assessment.

Book an Open Day / Experience Economics and Finance BSc (Hons)

Visit an Open Day to get an insight into what it's like to study Economics and Finance. Speak to staff and students from the course and get a tour of the facilities.

Our BSc (Hons) Economics and Finance course is all about creating the world’s next top investors, financiers and business analysts. It’s also designed to inspire the freshest business and management talent, both in the UK and on the global stage.

That’s why we introduced an optional year-long industry placement after your second year. Our placements team is constantly working to develop exciting opportunities at industry-leading organisations such as Central Bank, Bloomberg LP, Bank of England and departments within in-house companies.

By the end of the course you will be skilled at data and performance analysis, presenting complex findings in an easily understandable manner, making logical recommendations based on your research, understanding programming language and how to apply this in real-world contexts.

The course will also prepare you for further study on one of our postgraduate courses such as International Finance and Investment MSc.

Whatever you decide to do, you will have strong employability as a result of having acquired the characteristics of a Northumbria graduate. These include critical reflection and self-learning, collaboration and curiosity, and the ability to apply your knowledge to solve problems in ways that are sustainable and ethical.

Career Edge / Added Experiences

You can boost your CV and develop your experience whilst studying at Northumbria.

Careers and Employment / Develop

From first year through to final year and beyond graduation, we are here to help.

Newcastle Business School

Book an Open Day / Experience Economics and Finance BSc (Hons)

Visit an Open Day to get an insight into what it's like to study Economics and Finance. Speak to staff and students from the course and get a tour of the facilities.

Entry Requirements 2020/21

Standard Entry

TBC

Fees and Funding 2020/21 Entry

UK/EU Fee in Year 1: TBC

International Fee in Year 1: TBC

ADDITIONAL COSTS

There are no Additional Costs

Scholarships and Discounts

Click here for UK and EU undergraduate funding and scholarships information.

Click here for International undergraduate funding and scholarships information.

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* By submitting your information you are consenting to your data being processed by Northumbria University (as Data Controller) and Campus Management Corp. (acting as Data Processor). To see the University's privacy policy please click here

Modules

Module information is indicative and is reviewed annually therefore may be subject to change. Applicants will be informed if there are any changes.

AF4030 -

Introduction to Mathematics and Statistics (Core,20 Credits)

This module introduces you to a wide range of mathematical and statistical tools which are functional to the study and understanding of accounting, economics and finance. The content, structure and activities in this module are aimed at building your confidence in using mathematics and statistics to analyse practical problems and issues across the three disciplines of references and beyond. The module comprises a number of practical workshop sessions which require the use of software packages to analyse and interpret data; assessment and feedback are aimed at strengthening your knowledge and enhancing your intuitive skills behind mathematical operations and statistical methods in view of data analysis and discussion of results. By acquiring these critical skills, you will significantly enhance your profile in terms of employability and entrepreneurial opportunities.

More information

AF4031 -

Accounting, Economics and Finance in a Global Business Environment (Core,20 Credits)

This module provides a foundation to the environment in which global business operates and is relevant to Accounting, Economics and Finance students. The modules provides a basis for studying these subjects that will underpin later study in this area. Students will receive certain information but they will have the opportunity to find and out and research for themselves.

The module will cover core topics that are central to understanding the accounting, economic and financial context of the global economy and economic environment within which businesses operate. You will develop your understanding of the external business environment in terms of institutions, markets, industries and firms and introduce you to analytical terms and principles that help explain their interaction within the context of the global economy.

More information

AF4032 -

Careers in Accounting, Economics and Finance (Core,20 Credits)

To maximise your chances of finding a placement or graduate-level role, you need to stand out from the crowd, and this module helps you achieve exactly that. Through group work and independent study, you explore the concept of employability and its practical application in your planned journey from education into employment. Tutors with significant knowledge of employability in accounting, finance and economics, will support you through a series of structured lectures and seminars. They will draw on their knowledge and experience to help you evidence relevant attributes, skills and abilities through specific activities focused on the recruitment and selection process. They will provide advice and support as you create a CV, application form and cover letter which all showcase what makes you different. When you complete this module, you will have the skills, ability, and confidence to make an impactful application to any employer.

More information

AF4038 -

Financial Decision Making (Core,20 Credits)

The ‘Financial Decision Making’ module will provide you with the knowledge and numerical and problem solving skills that will greatly enhance your employability within any business environment. You will be able to assess the performance of businesses with regard to profitability, solvency, financial structure and working capital management by means of analysing and interpreting their financial statements. You will also be able to make decisions in relation to planning and control for a business as a whole, and evaluate individual projects by using investment appraisal techniques, taking into account risk and uncertainty.

More information

AF4040 -

Introduction to Macroeconomics (Core,20 Credits)

Macroeconomic events and crises in one country can impact people’s lives around the world. For this reason, it is important that you have a foundational grasp of macroeconomic theory and an awareness of the key issues in macroeconomics. This module will introduce you to macroeconomic key-concepts and conventional macroeconomic thinking, enabling you to understand how macroeconomic issues affect individual nations and the global economy. The content treated in this module will explain and help you to understand the impact of macroeconomics on society, such as the meaning of economic growth and decline, the role of aggregate supply and demand, the effects of employment and unemployment on the labour market, the mechanisms behind fiscal and monetary policies. By completing this module, you will gain a deep awareness and understanding of how macroeconomic issues affect everyday events.

More information

AF4041 -

Introduction to Microeconomics (Core,20 Credits)

The module introduces students to the core theories and principles microeconomics and helps them to acquire a comprehensive understanding of introductory microeconomic analysis. They will be exposed to a range of topics including consumers and producer theory, firm behaviour, market structures and market failure and the theory of public goods. The focus will be on providing a critical awareness of application and limitations of microeconomic models in relation to real world policy issues. The various models will be covered using a mix of graphical and mathematical approaches. The module will help students to develop a thorough understanding of producer and consumer theory. They will explore how markets function, the strategic behaviour of firm, examining various models under which firms might behave. Principles and theories of microeconomics will be used as analytical tools for thinking about real world problems. This will help students to acquire both numeracy and problem solving skills, as well as a thorough theoretical grounding in microeconomics.

More information

AF5030 -

Financial Markets and Institutions (Core,20 Credits)

Do you want to know the rules under which financial transactions takes place? What are the role of the professional bodies? Do you want to know more about financial markets, the institutions that operate in them and the key mechanisms used in those markets?


This module develops your understanding of the financial markets, the way that they operate, the regulations by which they must abide and the daily ethical considerations that practitioners are confronted with. The lectures are research-led and practice informed with the interaction between the regulations and practice being explored in more contemplative seminar sessions to build knowledge into understanding. In addition, you will explore financial software data to understand how markets operated and how securities are priced.

More information

AF5031 -

Professional Practice in Accounting, Economics and Finance (Core,20 Credits)

Professional Practice in Accounting, Economics and Finance will equip you with the skills and business acumen needed to succeed in your future career in accounting, finance or economics. It will also develop your employability and leadership attributes. The module takes an experiential learning approach and is designed so that you will conduct research, integrate theory and practice and apply knowledge and skills to develop viable solutions to business problems. You will learn through a process of enquiry, often co-operatively with peers, using digital information and technologies. In short it will develop your ability to think independently, to apply discipline knowledge to complex problems / opportunities, to work in teams (including with academic tutors as well as with each other), to communicate (present and report) and to collaborate to create new knowledge and understanding of contemporary issues within your discipline area.
You will undertake various assessment tasks which place emphasis on your personal reflections and problem interpretation within your discipline area. Your academic tutor will act as a facilitator to your learning focusing on your academic progression by helping you with such matters as study skills, team work, assessments and feedback. They will monitor your progress and that of others by making sure that all students are involved and encourage you to vocalise your ideas and to comment constructively on other’s ideas.

You will also have developed the employability and leadership attributes of capable individuals (set direction, engage, drive, collaborate, learn, innovate and act with integrity) and become an effective collaborator and team player and further developed self-directed, lifelong learning skills.


More information

AF5036 -

Mathematics and Statistics for Economics and Finance (Core,20 Credits)

The skills you acquired in Year 1 provided you with a robust platform to understand and apply a wide range of mathematical operations and statistical tools. This module will increase and expand your knowledge with regard to different and more advanced analytical tools functional to the fields of economics and finance. By studying this module, you will advance your awareness and control of quantitative models and techniques, learning the intuition behind key theories and models in the fields of economics and finance from a practical perspective. The module comprises workshop sessions which require the use of software packages to analyse and interpret data. At the end of this module, you will be able to apply appropriate analytical tools and methods to different types of data and to discuss and explain results concisely and consistently. By acquiring these critical skills, you will significantly enhance your profile in terms of employability and entrepreneurial opportunities.

More information

AF5039 -

Econometrics (Core,20 Credits)

This module introduces you to econometric theories and techniques that are important to both the practitioners and researchers. The module provides you with essential econometric skills and knowledge to analyse and interpret real-world data, and stimulates you to acquire and develop a theoretical and practical understanding of econometrics. The content and structure of this module provides a comprehensive overview of econometric methods and analytical tools that are functional to the study of both economics and finance, such as linear and multiple regressions, panel data and time series analysis, and forecasting techniques. The module includes practical workshop sessions which require the use of econometric software packages. At the end of this module, you will be able to apply appropriate econometric techniques to a wide range of data, and to discuss and explain results concisely and consistently. By acquiring these critical skills, you will significantly enhance your profile in terms of employability and entrepreneurial opportunities.

More information

AF5040 -

Intermediate Macroeconomics (Core,20 Credits)

In this module, you will expand and further deepen your understanding of macroeconomic concepts and conventional macroeconomic thinking. As this is an intermediate course, you will advance your knowledge of macroeconomic theories and their extensions towards practical applications for the purposes of economic analysis. The content developed in this module will enable you to analyse and gain insights into key issues such as monetary and fiscal policy, unemployment, business cycles and international trade. The model will also expose you to empirical macroeconomic research, covering key contemporary events such as the impact of the 2008 Financial Crisis and implications of the recent COVID19 pandemic on national economics and the world economy. By expanding and deepening your knowledge of macroeconomics, you will further develop and refine your analytical skills and also the ability to abstract complex contemporary macroeconomics topics.

More information

AF5041 -

Intermediate Microeconomics (Core,20 Credits)

This module provides students with a thorough grounding in intermediate microeconomic theory and key mathematical techniques employed in microeconomic analysis. Students will be equipped with the necessary tools to analyse and understand strategic decision making behaviours applied by economic agents, such as economic choices made under risk and uncertainty, as well as the application of game theory and welfare economics in real-world scenarios. The module will focus on building students’ competencies to independently analyse and evaluate contemporary economic events. This will help students to acquire both numeracy and problem solving skills, as well as a thorough understanding of theoretical concepts in microeconomics.

More information

NX9527 -

Newcastle Business School Study Abroad Semester (Optional,60 Credits)

The Study Abroad Semester module is a semester long 60 credit module which is available on degree courses which include the option to study abroad in Semester 2 of Year 2. You will undertake a semester of study abroad at a European University under the Erasmus+ exchange scheme, or at an approved partner University elsewhere equivalent to 60 credits (30 ECTS).

The study abroad placement is an important element of your course structure and gives you access to modules from your discipline taught in a different learning culture and so broadens your overall experience of learning.

When taken and passed the study abroad semester will be recognised in your transcript as a 60 credit Study Abroad Module. The learning and teaching on your study abroad placement will be dependent on the partner and will be recorded in the learning agreement signed by you, the host University, and the University.

More information

NX9525 -

Newcastle Business School Work Placement Year (Optional,120 Credits)

The Work Placement Year module is a full year 120 credit module available on degree courses which include a work placement year which is taken as an additional year of study between levels 5 and 6. The placement consists of 48 weeks of full time work experience in a host organisation which is relevant to your studies.

The placement is an important element of your course structure and it will provide you with the opportunity to:

• Experience the environment of a real workplace which will help you decide the type of career you would like to follow after graduation
• Develop your organisational and interpersonal skills required to enable you to work efficiently as a member of a team
• Acquire and develop relevant technical skills associated with the nature of your work
• Identify, analyse and discuss with experienced practitioners how theoretical concepts are adapted and applied to suit practical requirements
• Apply knowledge that will help you to plan and evaluate future study and career development.


This is a Pass/Fail module and so does not contribute to your degree classification. When taken and passed, however, the Placement Year is recognised in your transcript as a 120 credit Work Placement Module and on your degree certificate in the format “Degree title (with Work Placement Year)”. The learning and teaching on your placement will be recorded in the training agreement signed by you, the placement provider, and the University.

More information

NX9526 -

Newcastle Business School Study Abroad Year (Optional,120 Credits)

The Study Abroad Year module is a full year 120 credit module which is available on degree courses which include a study abroad year which is taken as an additional year of study between levels 5 and 6. You will undertake a year of study abroad at a European University under the ERASMUS+ exchange scheme or at an approved partner University elsewhere equivalent to 120 UK credits.

The study abroad placement is an important element of your course structure and gives you access to modules from your discipline taught in a different learning culture and so broadens your overall experience of learning. At the end of the module you will have adapted to and appreciated a different cultural and learning environment and developed ability. You will have developed your interpersonal and intercultural communication skills as a result of your learning in an international environment.

This is a Pass/Fail module and so does not contribute to your degree classification. When taken and passed, however, the Study Abroad Year is recognised in your transcript as a 120 credit Study Abroad Module and on your degree certificate in the format “Degree title (with Study Abroad Year)”. The learning and teaching on your study abroad placement will be dependent on the partner and will be recorded in the learning agreement signed by you, the host University, and the University.

More information

NX9528 -

Newcastle Business School Blended Placement Year: Work Placement Semester (Optional,60 Credits)

The Work Placement Semester module is a semester long 60 credit module which is available on degree courses which include the option to take a blended placement year of Work and Study Abroad which is taken as an additional year of study between levels 5 and 6.

On this module you will undertake a semester long work placement. The placement consists of a period of full time work experience in a host organisation equivalent to a full semester of study which is relevant to your studies.

The placement is an important element of your course structure and it will provide you with the opportunity to:

• Experience the environment of a real workplace which will help you decide the type of career you would like to follow after graduation
• Develop your organisational and interpersonal skills required to enable you to work efficiently as a member of a team
• Acquire and develop relevant technical skills associated with the nature of your work
• Identify, analyse and discuss with experienced practitioners how theoretical concepts are adapted and applied to suit practical requirements
• Apply knowledge that will help you to plan and evaluate future study and career development.


This is a Pass/Fail module and so does not contribute to your degree classification. When taken and passed, however, the Placement Year is recognised in your transcript as a 60 credit Work Placement Module. The learning and teaching on your placement will be recorded in the training agreement signed by you, the placement provider, and the University. Combining this with the study abroad semester as part of the third year out of the University, this will be recognised on your degree certificate in the format “Degree title (with Study Abroad and Work Placement Year)”.

More information

NX9529 -

Newcastle Business School Blended Placement Year: Study Abroad Semester (Optional,60 Credits)

The Study Abroad Semester module is a semester long 60 credit module which is available on degree courses which include the option to take a blended placement year of Work and Study Abroad which is taken as an additional year of study between levels 5 and 6.

On this module you will undertake a semester of study abroad at a European University under the Erasmus+ exchange scheme, or at an approved partner University elsewhere equivalent to 60 credits (30 ECTS).

The study abroad placement is an important element of your course structure and gives you access to modules from your discipline taught in a different learning culture and so broadens your overall experience of learning. When taken and passed the study abroad semester will be recognised in your transcript as a 60 credit Study Abroad Module. The learning and teaching on your study abroad placement will be dependent on the partner and will be recorded in the learning agreement signed by you, the host University, and the University. Combining this with the work placement semester as part of the third year out of the University, this will be recognised on your degree certificate in the format “Degree title (with Study Abroad and Work Placement Year)”.

More information

AF6030 -

Sustainable Development in Responsible Business (Core,20 Credits)

Climate change, degraded natural resources and the distribution of power and resources are some of the most profound challenges facing the global economy today. This module introduces students to key concepts, literature and debates to investigate the relationship between economic growth and environmental protection. The module adopts a multidisciplinary focus, drawing of key debates in political ecology, environmental economics and natural resource management. The teaching and learning approach will combine a traditional lectures with case study based seminars where in students will engage with specific cases of sustainability related topics on a weekly basis. This will equip them to critically engage with contemporary issues involving economic sustainability across a range of socio-environmental contexts.

More information

AF6039 -

Applied Economics (Core,20 Credits)

This module provides students with a thorough treatment of advanced microeconomic theories and applied policy debates. This module examines contending approaches to a range of contemporary debates in microeconomic theory. Students are expected to critically examine theoretical frameworks and arguments so that they can develop analytical skills to deal with real world applied problems. The students will be provided with an intellectually stimulating, research rich learning environment where in they would be engaged in application of microeconomic models to a range of business and economic issues.

More information

AF6040 -

Advanced Macroeconomics (Core,20 Credits)

This module will deepen your understanding of macroeconomic concepts, stimulating you to go beyond conventional macroeconomic thinking. As this is an advanced course, the emphasis is on both critical thinking and practical applications of macroeconomics concepts and frameworks in the analysis of contemporary economic and policy issues. The content treated in this module will increase your knowledge of macroeconomic theories and practice and their implications on economies, markets and societies worldwide. During the module, you will engage extensively with research in macroeconomics. By completing this module, you should be able to use the knowledge gained to provide a critical analysis of global and significant macroeconomic events.

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AF6041 -

Contemporary Issues in Economics and Finance (Core,20 Credits)

The module introduces and expands on the latest developments in the fields of economics and finance, addressing multiple aspects and topics related to contemporary economic issues and financial arguments that dominate current debates and policy-making process at a global level. In particular, this module aims to deepen students’ knowledge of a range of contemporary topics in the economic and finance fields, with the objective to stimulate students’ research engagement, reflective practices and critical analysis. The module is research-rich and uses a wide range of research sources within its didactical offer, made available to students via means of module’s portal as well as other technology enhanced learning.

More information

AF6042 -

Dissertation (Optional,40 Credits)

The Dissertation takes an enquiry-based research-rich approach, providing you with the opportunity to engage with a specific topic, problem or issue of interest to you in the fields of accounting, economics and finance. In developing your dissertation, you will be guided by your supervisor to confirm your research area, to generate empirical (primary) or secondary data, to analyse this data and to draw theoretically informed conclusions.





The module aims to equip you with the necessary intellectual and practical skills for undertaking your individual student-led, responsible, ethical investigation, while concurrently you will further develop key transferable, employability and enterprise skills. Through taking this module, a student will develop skills and knowledge relating in particular to:





Defining feasible hypotheses and objectives for empirical research in the fields of accouting, economics, and finance;


Drawing on appropriate theories and concepts and locating and compiling data and information;


Applying appropriate techniques in analysing that data and testing hypotheses;


Presenting analysis outcomes and results in a coherent final report;


working independently but also interactively through engaging with other students working on their own projects.

More information

AF6043 -

Management Enquiry (Optional,40 Credits)

The Management Enquiry is an individual student-led enquiry. Initial lectures introduce you to the underpinning knowledge necessary for undertaking an individual student-led investigation into an applied business problem or issue. Associated workshops support you in puting this knowledge into practice for your own proposed Enquiry. These lecture/workshop sessions cover the following topics; critically reviewing the literature, researching ethically, quantitative and qualitative research techniques, quantitative and qualitative analysis techniques. You will study on the same taught sessions as students taking the Dissertation module.





Following submission of your Enquiry proposal you will work though one-to-one or small-group supervisions with your allocated supervisor. Your supervisor will not instruct you but will provide you with on-going formative feedback on your progress as you engage with the Management Enquiry process. Supervisors will be appointed in line with NBS policy which recognise the requirements of professional bodies (CMI and CIPD) and AACSB accreditation.

More information

NX9626 -

Undergraduate Consultancy Project (Optional,40 Credits)

The module aims to provide you with an opportunity to integrate the knowledge acquired during the programme and apply this to a consultancy project for a real organisation. This consultancy project provides a vehicle for participants to develop and demonstrate key employability skills, to relate theory to practice, and to undertake a significant piece of assessed work commensurate with a capstone module.

You will work on behalf of an external organisation, which has identified a business problem or question, requiring a solution, working in small group of typically 4 individuals (you will select their own team members), participating in group and individual activities. The host organisation will provide a project briefing, and review; students will be supported by appropriate academic input and guidance from Newcastle Business School in the form of a mentor and via the Business Clinic.

More information

Modules

Module information is indicative and is reviewed annually therefore may be subject to change. Applicants will be informed if there are any changes.

AF4030 -

Introduction to Mathematics and Statistics (Core,20 Credits)

This module introduces you to a wide range of mathematical and statistical tools which are functional to the study and understanding of accounting, economics and finance. The content, structure and activities in this module are aimed at building your confidence in using mathematics and statistics to analyse practical problems and issues across the three disciplines of references and beyond. The module comprises a number of practical workshop sessions which require the use of software packages to analyse and interpret data; assessment and feedback are aimed at strengthening your knowledge and enhancing your intuitive skills behind mathematical operations and statistical methods in view of data analysis and discussion of results. By acquiring these critical skills, you will significantly enhance your profile in terms of employability and entrepreneurial opportunities.

More information

AF4031 -

Accounting, Economics and Finance in a Global Business Environment (Core,20 Credits)

This module provides a foundation to the environment in which global business operates and is relevant to Accounting, Economics and Finance students. The modules provides a basis for studying these subjects that will underpin later study in this area. Students will receive certain information but they will have the opportunity to find and out and research for themselves.

The module will cover core topics that are central to understanding the accounting, economic and financial context of the global economy and economic environment within which businesses operate. You will develop your understanding of the external business environment in terms of institutions, markets, industries and firms and introduce you to analytical terms and principles that help explain their interaction within the context of the global economy.

More information

AF4032 -

Careers in Accounting, Economics and Finance (Core,20 Credits)

To maximise your chances of finding a placement or graduate-level role, you need to stand out from the crowd, and this module helps you achieve exactly that. Through group work and independent study, you explore the concept of employability and its practical application in your planned journey from education into employment. Tutors with significant knowledge of employability in accounting, finance and economics, will support you through a series of structured lectures and seminars. They will draw on their knowledge and experience to help you evidence relevant attributes, skills and abilities through specific activities focused on the recruitment and selection process. They will provide advice and support as you create a CV, application form and cover letter which all showcase what makes you different. When you complete this module, you will have the skills, ability, and confidence to make an impactful application to any employer.

More information

AF4038 -

Financial Decision Making (Core,20 Credits)

The ‘Financial Decision Making’ module will provide you with the knowledge and numerical and problem solving skills that will greatly enhance your employability within any business environment. You will be able to assess the performance of businesses with regard to profitability, solvency, financial structure and working capital management by means of analysing and interpreting their financial statements. You will also be able to make decisions in relation to planning and control for a business as a whole, and evaluate individual projects by using investment appraisal techniques, taking into account risk and uncertainty.

More information

AF4040 -

Introduction to Macroeconomics (Core,20 Credits)

Macroeconomic events and crises in one country can impact people’s lives around the world. For this reason, it is important that you have a foundational grasp of macroeconomic theory and an awareness of the key issues in macroeconomics. This module will introduce you to macroeconomic key-concepts and conventional macroeconomic thinking, enabling you to understand how macroeconomic issues affect individual nations and the global economy. The content treated in this module will explain and help you to understand the impact of macroeconomics on society, such as the meaning of economic growth and decline, the role of aggregate supply and demand, the effects of employment and unemployment on the labour market, the mechanisms behind fiscal and monetary policies. By completing this module, you will gain a deep awareness and understanding of how macroeconomic issues affect everyday events.

More information

AF4041 -

Introduction to Microeconomics (Core,20 Credits)

The module introduces students to the core theories and principles microeconomics and helps them to acquire a comprehensive understanding of introductory microeconomic analysis. They will be exposed to a range of topics including consumers and producer theory, firm behaviour, market structures and market failure and the theory of public goods. The focus will be on providing a critical awareness of application and limitations of microeconomic models in relation to real world policy issues. The various models will be covered using a mix of graphical and mathematical approaches. The module will help students to develop a thorough understanding of producer and consumer theory. They will explore how markets function, the strategic behaviour of firm, examining various models under which firms might behave. Principles and theories of microeconomics will be used as analytical tools for thinking about real world problems. This will help students to acquire both numeracy and problem solving skills, as well as a thorough theoretical grounding in microeconomics.

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AF5030 -

Financial Markets and Institutions (Core,20 Credits)

Do you want to know the rules under which financial transactions takes place? What are the role of the professional bodies? Do you want to know more about financial markets, the institutions that operate in them and the key mechanisms used in those markets?


This module develops your understanding of the financial markets, the way that they operate, the regulations by which they must abide and the daily ethical considerations that practitioners are confronted with. The lectures are research-led and practice informed with the interaction between the regulations and practice being explored in more contemplative seminar sessions to build knowledge into understanding. In addition, you will explore financial software data to understand how markets operated and how securities are priced.

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AF5031 -

Professional Practice in Accounting, Economics and Finance (Core,20 Credits)

Professional Practice in Accounting, Economics and Finance will equip you with the skills and business acumen needed to succeed in your future career in accounting, finance or economics. It will also develop your employability and leadership attributes. The module takes an experiential learning approach and is designed so that you will conduct research, integrate theory and practice and apply knowledge and skills to develop viable solutions to business problems. You will learn through a process of enquiry, often co-operatively with peers, using digital information and technologies. In short it will develop your ability to think independently, to apply discipline knowledge to complex problems / opportunities, to work in teams (including with academic tutors as well as with each other), to communicate (present and report) and to collaborate to create new knowledge and understanding of contemporary issues within your discipline area.
You will undertake various assessment tasks which place emphasis on your personal reflections and problem interpretation within your discipline area. Your academic tutor will act as a facilitator to your learning focusing on your academic progression by helping you with such matters as study skills, team work, assessments and feedback. They will monitor your progress and that of others by making sure that all students are involved and encourage you to vocalise your ideas and to comment constructively on other’s ideas.

You will also have developed the employability and leadership attributes of capable individuals (set direction, engage, drive, collaborate, learn, innovate and act with integrity) and become an effective collaborator and team player and further developed self-directed, lifelong learning skills.


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AF5036 -

Mathematics and Statistics for Economics and Finance (Core,20 Credits)

The skills you acquired in Year 1 provided you with a robust platform to understand and apply a wide range of mathematical operations and statistical tools. This module will increase and expand your knowledge with regard to different and more advanced analytical tools functional to the fields of economics and finance. By studying this module, you will advance your awareness and control of quantitative models and techniques, learning the intuition behind key theories and models in the fields of economics and finance from a practical perspective. The module comprises workshop sessions which require the use of software packages to analyse and interpret data. At the end of this module, you will be able to apply appropriate analytical tools and methods to different types of data and to discuss and explain results concisely and consistently. By acquiring these critical skills, you will significantly enhance your profile in terms of employability and entrepreneurial opportunities.

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AF5039 -

Econometrics (Core,20 Credits)

This module introduces you to econometric theories and techniques that are important to both the practitioners and researchers. The module provides you with essential econometric skills and knowledge to analyse and interpret real-world data, and stimulates you to acquire and develop a theoretical and practical understanding of econometrics. The content and structure of this module provides a comprehensive overview of econometric methods and analytical tools that are functional to the study of both economics and finance, such as linear and multiple regressions, panel data and time series analysis, and forecasting techniques. The module includes practical workshop sessions which require the use of econometric software packages. At the end of this module, you will be able to apply appropriate econometric techniques to a wide range of data, and to discuss and explain results concisely and consistently. By acquiring these critical skills, you will significantly enhance your profile in terms of employability and entrepreneurial opportunities.

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AF5040 -

Intermediate Macroeconomics (Core,20 Credits)

In this module, you will expand and further deepen your understanding of macroeconomic concepts and conventional macroeconomic thinking. As this is an intermediate course, you will advance your knowledge of macroeconomic theories and their extensions towards practical applications for the purposes of economic analysis. The content developed in this module will enable you to analyse and gain insights into key issues such as monetary and fiscal policy, unemployment, business cycles and international trade. The model will also expose you to empirical macroeconomic research, covering key contemporary events such as the impact of the 2008 Financial Crisis and implications of the recent COVID19 pandemic on national economics and the world economy. By expanding and deepening your knowledge of macroeconomics, you will further develop and refine your analytical skills and also the ability to abstract complex contemporary macroeconomics topics.

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AF5041 -

Intermediate Microeconomics (Core,20 Credits)

This module provides students with a thorough grounding in intermediate microeconomic theory and key mathematical techniques employed in microeconomic analysis. Students will be equipped with the necessary tools to analyse and understand strategic decision making behaviours applied by economic agents, such as economic choices made under risk and uncertainty, as well as the application of game theory and welfare economics in real-world scenarios. The module will focus on building students’ competencies to independently analyse and evaluate contemporary economic events. This will help students to acquire both numeracy and problem solving skills, as well as a thorough understanding of theoretical concepts in microeconomics.

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NX9527 -

Newcastle Business School Study Abroad Semester (Optional,60 Credits)

The Study Abroad Semester module is a semester long 60 credit module which is available on degree courses which include the option to study abroad in Semester 2 of Year 2. You will undertake a semester of study abroad at a European University under the Erasmus+ exchange scheme, or at an approved partner University elsewhere equivalent to 60 credits (30 ECTS).

The study abroad placement is an important element of your course structure and gives you access to modules from your discipline taught in a different learning culture and so broadens your overall experience of learning.

When taken and passed the study abroad semester will be recognised in your transcript as a 60 credit Study Abroad Module. The learning and teaching on your study abroad placement will be dependent on the partner and will be recorded in the learning agreement signed by you, the host University, and the University.

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NX9525 -

Newcastle Business School Work Placement Year (Optional,120 Credits)

The Work Placement Year module is a full year 120 credit module available on degree courses which include a work placement year which is taken as an additional year of study between levels 5 and 6. The placement consists of 48 weeks of full time work experience in a host organisation which is relevant to your studies.

The placement is an important element of your course structure and it will provide you with the opportunity to:

• Experience the environment of a real workplace which will help you decide the type of career you would like to follow after graduation
• Develop your organisational and interpersonal skills required to enable you to work efficiently as a member of a team
• Acquire and develop relevant technical skills associated with the nature of your work
• Identify, analyse and discuss with experienced practitioners how theoretical concepts are adapted and applied to suit practical requirements
• Apply knowledge that will help you to plan and evaluate future study and career development.


This is a Pass/Fail module and so does not contribute to your degree classification. When taken and passed, however, the Placement Year is recognised in your transcript as a 120 credit Work Placement Module and on your degree certificate in the format “Degree title (with Work Placement Year)”. The learning and teaching on your placement will be recorded in the training agreement signed by you, the placement provider, and the University.

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NX9526 -

Newcastle Business School Study Abroad Year (Optional,120 Credits)

The Study Abroad Year module is a full year 120 credit module which is available on degree courses which include a study abroad year which is taken as an additional year of study between levels 5 and 6. You will undertake a year of study abroad at a European University under the ERASMUS+ exchange scheme or at an approved partner University elsewhere equivalent to 120 UK credits.

The study abroad placement is an important element of your course structure and gives you access to modules from your discipline taught in a different learning culture and so broadens your overall experience of learning. At the end of the module you will have adapted to and appreciated a different cultural and learning environment and developed ability. You will have developed your interpersonal and intercultural communication skills as a result of your learning in an international environment.

This is a Pass/Fail module and so does not contribute to your degree classification. When taken and passed, however, the Study Abroad Year is recognised in your transcript as a 120 credit Study Abroad Module and on your degree certificate in the format “Degree title (with Study Abroad Year)”. The learning and teaching on your study abroad placement will be dependent on the partner and will be recorded in the learning agreement signed by you, the host University, and the University.

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NX9528 -

Newcastle Business School Blended Placement Year: Work Placement Semester (Optional,60 Credits)

The Work Placement Semester module is a semester long 60 credit module which is available on degree courses which include the option to take a blended placement year of Work and Study Abroad which is taken as an additional year of study between levels 5 and 6.

On this module you will undertake a semester long work placement. The placement consists of a period of full time work experience in a host organisation equivalent to a full semester of study which is relevant to your studies.

The placement is an important element of your course structure and it will provide you with the opportunity to:

• Experience the environment of a real workplace which will help you decide the type of career you would like to follow after graduation
• Develop your organisational and interpersonal skills required to enable you to work efficiently as a member of a team
• Acquire and develop relevant technical skills associated with the nature of your work
• Identify, analyse and discuss with experienced practitioners how theoretical concepts are adapted and applied to suit practical requirements
• Apply knowledge that will help you to plan and evaluate future study and career development.


This is a Pass/Fail module and so does not contribute to your degree classification. When taken and passed, however, the Placement Year is recognised in your transcript as a 60 credit Work Placement Module. The learning and teaching on your placement will be recorded in the training agreement signed by you, the placement provider, and the University. Combining this with the study abroad semester as part of the third year out of the University, this will be recognised on your degree certificate in the format “Degree title (with Study Abroad and Work Placement Year)”.

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NX9529 -

Newcastle Business School Blended Placement Year: Study Abroad Semester (Optional,60 Credits)

The Study Abroad Semester module is a semester long 60 credit module which is available on degree courses which include the option to take a blended placement year of Work and Study Abroad which is taken as an additional year of study between levels 5 and 6.

On this module you will undertake a semester of study abroad at a European University under the Erasmus+ exchange scheme, or at an approved partner University elsewhere equivalent to 60 credits (30 ECTS).

The study abroad placement is an important element of your course structure and gives you access to modules from your discipline taught in a different learning culture and so broadens your overall experience of learning. When taken and passed the study abroad semester will be recognised in your transcript as a 60 credit Study Abroad Module. The learning and teaching on your study abroad placement will be dependent on the partner and will be recorded in the learning agreement signed by you, the host University, and the University. Combining this with the work placement semester as part of the third year out of the University, this will be recognised on your degree certificate in the format “Degree title (with Study Abroad and Work Placement Year)”.

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AF6030 -

Sustainable Development in Responsible Business (Core,20 Credits)

Climate change, degraded natural resources and the distribution of power and resources are some of the most profound challenges facing the global economy today. This module introduces students to key concepts, literature and debates to investigate the relationship between economic growth and environmental protection. The module adopts a multidisciplinary focus, drawing of key debates in political ecology, environmental economics and natural resource management. The teaching and learning approach will combine a traditional lectures with case study based seminars where in students will engage with specific cases of sustainability related topics on a weekly basis. This will equip them to critically engage with contemporary issues involving economic sustainability across a range of socio-environmental contexts.

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AF6039 -

Applied Economics (Core,20 Credits)

This module provides students with a thorough treatment of advanced microeconomic theories and applied policy debates. This module examines contending approaches to a range of contemporary debates in microeconomic theory. Students are expected to critically examine theoretical frameworks and arguments so that they can develop analytical skills to deal with real world applied problems. The students will be provided with an intellectually stimulating, research rich learning environment where in they would be engaged in application of microeconomic models to a range of business and economic issues.

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AF6040 -

Advanced Macroeconomics (Core,20 Credits)

This module will deepen your understanding of macroeconomic concepts, stimulating you to go beyond conventional macroeconomic thinking. As this is an advanced course, the emphasis is on both critical thinking and practical applications of macroeconomics concepts and frameworks in the analysis of contemporary economic and policy issues. The content treated in this module will increase your knowledge of macroeconomic theories and practice and their implications on economies, markets and societies worldwide. During the module, you will engage extensively with research in macroeconomics. By completing this module, you should be able to use the knowledge gained to provide a critical analysis of global and significant macroeconomic events.

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AF6041 -

Contemporary Issues in Economics and Finance (Core,20 Credits)

The module introduces and expands on the latest developments in the fields of economics and finance, addressing multiple aspects and topics related to contemporary economic issues and financial arguments that dominate current debates and policy-making process at a global level. In particular, this module aims to deepen students’ knowledge of a range of contemporary topics in the economic and finance fields, with the objective to stimulate students’ research engagement, reflective practices and critical analysis. The module is research-rich and uses a wide range of research sources within its didactical offer, made available to students via means of module’s portal as well as other technology enhanced learning.

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AF6042 -

Dissertation (Optional,40 Credits)

The Dissertation takes an enquiry-based research-rich approach, providing you with the opportunity to engage with a specific topic, problem or issue of interest to you in the fields of accounting, economics and finance. In developing your dissertation, you will be guided by your supervisor to confirm your research area, to generate empirical (primary) or secondary data, to analyse this data and to draw theoretically informed conclusions.





The module aims to equip you with the necessary intellectual and practical skills for undertaking your individual student-led, responsible, ethical investigation, while concurrently you will further develop key transferable, employability and enterprise skills. Through taking this module, a student will develop skills and knowledge relating in particular to:





Defining feasible hypotheses and objectives for empirical research in the fields of accouting, economics, and finance;


Drawing on appropriate theories and concepts and locating and compiling data and information;


Applying appropriate techniques in analysing that data and testing hypotheses;


Presenting analysis outcomes and results in a coherent final report;


working independently but also interactively through engaging with other students working on their own projects.

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AF6043 -

Management Enquiry (Optional,40 Credits)

The Management Enquiry is an individual student-led enquiry. Initial lectures introduce you to the underpinning knowledge necessary for undertaking an individual student-led investigation into an applied business problem or issue. Associated workshops support you in puting this knowledge into practice for your own proposed Enquiry. These lecture/workshop sessions cover the following topics; critically reviewing the literature, researching ethically, quantitative and qualitative research techniques, quantitative and qualitative analysis techniques. You will study on the same taught sessions as students taking the Dissertation module.





Following submission of your Enquiry proposal you will work though one-to-one or small-group supervisions with your allocated supervisor. Your supervisor will not instruct you but will provide you with on-going formative feedback on your progress as you engage with the Management Enquiry process. Supervisors will be appointed in line with NBS policy which recognise the requirements of professional bodies (CMI and CIPD) and AACSB accreditation.

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NX9626 -

Undergraduate Consultancy Project (Optional,40 Credits)

The module aims to provide you with an opportunity to integrate the knowledge acquired during the programme and apply this to a consultancy project for a real organisation. This consultancy project provides a vehicle for participants to develop and demonstrate key employability skills, to relate theory to practice, and to undertake a significant piece of assessed work commensurate with a capstone module.

You will work on behalf of an external organisation, which has identified a business problem or question, requiring a solution, working in small group of typically 4 individuals (you will select their own team members), participating in group and individual activities. The host organisation will provide a project briefing, and review; students will be supported by appropriate academic input and guidance from Newcastle Business School in the form of a mentor and via the Business Clinic.

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To start your application, simply select the month you would like to start your course.

Economics and Finance BSc (Hons)

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