Program Overview
The Business Economics BA (Hons) program at the University of Liverpool equips students with sought-after analytical and business knowledge through real-world case studies, interactive participation software, and access to a Bloomberg Trading Floor. It offers two pathways, Accounting and Finance or International Business, and graduates are well-prepared for careers in finance, business, and economics. The program emphasizes critical thinking, problem-solving, and employability skills, ensuring students are industry-ready upon graduation.
Program Outline
Business Economics BA (Hons) - University of Liverpool
Degree Overview:
The Business Economics BA (Hons) program at the University of Liverpool is designed to develop students' quantitative and analytical skills alongside their business knowledge. It aims to equip graduates with the skills and understanding necessary for success in a variety of business settings. The program emphasizes the development of sought-after analytical skills, providing students with the opportunity to gain experience using real-time trading information, economic and financial news in the Bloomberg Trading Floor.
Objectives:
- Develop a strong understanding of the main principles of business and economics.
- Gain knowledge of accounting theory and financial management.
- Understand the role of economics within business, the UK, and the global economy.
- Develop critical thinking and problem-solving skills.
- Prepare students for careers in various business fields.
Outline:
The Business Economics BA (Hons) program is a three-year full-time program. It is structured into three years, with each year consisting of a combination of core and optional modules. Students can choose between two pathways: Accounting and Finance or International Business.
Year One:
- Compulsory Modules:
- Development of Economic Thought (ECON128)
- Mathematics for Economics and Business (ECON111)
- Principles of Macroeconomics (ECON123)
- Principles of Microeconomics (ECON121)
- Professional Skills and Employment Preparation (ECON170)
- Statistics & Data Analysis for Economics and Business (ECON112)
- Introduction to Financial Accounting (ACFI101)
- Global Economic (and Business) Environment (ECON159)
- Optional Modules:
- Introduction to Management Accounting (ACFI102) - Available on the Accounting and Finance pathway only.
Year Two:
- Compulsory Modules:
- International Management (MKIB253)
- Introductory Econometrics for Business and Economics (ECON233)
- Macroeconomics 1 (ECON223)
- Management Economics (ECON234)
- Microeconomics 2 (ECON222)
- Microeconomics for Business Economics (ECON227)
- Financial Management (ACFI204) - Available on the International Business pathway only.
- International Development (MKIB261) - Available on the International Business pathway only.
- Optional Modules:
- Financial Management (ACFI204) - Available on the Accounting and Finance pathway only.
- Financial Reporting 1 (ACFI201) - Available on the Accounting and Finance pathway only.
- Accounting Theory (ACFI202) - Available on the Accounting and Finance pathway only.
- Management Accounting (ACFI203) - Available on the Accounting and Finance pathway only.
Year Three:
- Compulsory Modules:
- Debates in Macroeconomic Policy (ECON355)
- Industrial Organisation (ECON333)
- Optional Modules:
- Strategic Management Accounting (ACFI303) - Available on the Accounting and Finance pathway only.
- Behavioural Finance (ECON321) - Available on the Accounting and Finance pathway only.
- Business Finance (ECON304) - Available on the Accounting and Finance pathway only.
- Capital Markets (ACFI321) - Available on the Accounting and Finance pathway only.
- Corporate Governance (ACFI320) - Available on the Accounting and Finance pathway only.
- Corporate Reporting and Analysis (ACFI302) - Available on the Accounting and Finance pathway only.
- Creative Sector Economics (ECON362) - Available on the Accounting and Finance pathway only.
- Financial Crises and Defaults (ACFI319) - Available on the Accounting and Finance pathway only.
- Financial Reporting 2 (ACFI309) - Available on the Accounting and Finance pathway only.
- Financial Risk Management (ACFI342) - Available on the Accounting and Finance pathway only.
- The Price of Football (ACFI322) - Available on the Accounting and Finance pathway only.
- Game Theory (ECON322) - Available on the Accounting and Finance pathway only.
- International Trade (ECON335) - Available on the Accounting and Finance pathway only.
- Issues in Development Finance (ACFI317) - Available on the Accounting and Finance pathway only.
- The Economics of Developing Countries (ECON306) - Available on the Accounting and Finance pathway only.
- Business in Emerging Markets (MKIB369) - Available on the International Business pathway only.
- Global Strategic Management (MKIB351) - Available on the International Business pathway only.
- The Football Business (ULMS370) - Available on the International Business pathway only.
- Health Economics (ECON326) - Available on the Accounting and Finance pathway only.
- Sports Economics (ECON328) - Available on the Accounting and Finance pathway only.
- Environmental Economics and Sustainability Policies (ECON315) - Available on the Accounting and Finance pathway only.
- Economics of Banking (ECON323) - Available on the Accounting and Finance pathway only.
- Derivative Securities (ECON310) - Available on the Accounting and Finance pathway only.
- Contemporary Issues in Economic Policy (ECON330) - Available on the Accounting and Finance pathway only.
- World Economic History (ECON357) - Available on the Accounting and Finance pathway only.
Assessment:
Students are assessed through a combination of coursework and examinations. The exact weighting varies from one module to another. Assessment methods may include:
- Individual assignments
- Group reports and presentations
- Examinations
Teaching:
The program utilizes a variety of active learning techniques, including:
- Business simulations
- Real-world case studies
- Social media
- Interactive participation software
- Lecture capture
- Real-time financial and business data using the Bloomberg Trading Floor Teaching methods include:
- Lectures
- Seminars
- Practical sessions using PC suites
Careers:
Graduates of the Business Economics BA (Hons) program are well-prepared for a variety of careers in business, finance, and economics. Some potential career paths include:
- Business Analyst
- Audit Associate
- Financial Analyst
- Marketing Associate
- Associate Analyst
- Account Executive Graduates have found employment in companies such as:
- Astra Zeneca
- HSBC
- Matalan
- NHS
- Tesco Students are also encouraged to undertake a Year in Industry, which is part of the four-year sandwich degree program. This provides valuable work experience and helps students develop key employability skills.
Other:
- The University of Liverpool Management School holds accreditation from AACSB, AMBA, and EQUIS, making it one of the elite institutions worldwide to hold the gold standard triple accreditation.
- The program is accredited by the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA), and the Chartered Institute of Management Accountants (CIMA).
- Students have access to careers education, opportunities to work, and excellent library and IT facilities at the Management School.
- The University offers a range of scholarships and bursaries to help students with tuition fees and living expenses.
- Students have the opportunity to spend a semester studying overseas during their second year.
- Tuition fees for UK students (including Channel Islands, Isle of Man and Republic of Ireland) are £9,250 per year.
- The Year in Industry fee is £1,850.
- The Year Abroad fee is £1,385.
- International fees are £23,200 per year.
- The Year in Industry fee for international students is £1,850.
