Programme Specification for the 2024/5 academic year
BSc (Hons) Economics and Finance with Year Abroad
1. Programme Details
| Programme name | BSc (Hons) Economics and Finance with Year Abroad | Programme code | UFS4SBESBE33 |
|---|---|---|---|
| Study mode(s) | Full Time |
Academic year | 2024/5 |
| Campus(es) | Streatham (Exeter) |
NQF Level of the Final Award | 6 (Honours) |
2. Description of the Programme
BSc Economics and Finance explores modern economics and its application to financial systems and organisations. It introduces advanced financial techniques such as derivatives pricing, risk management and portfolio management. This programme will also develop your ability to critically analyse economic events and their impact on financial markets. The programme will enable you to can become involved with FEELE, our research centre for experimental economics, which involves participating in practical experiments that test theories of financial behaviour.
Our graduates find employment with financial institutions such as banks, insurance companies, pension funds, investment and unit trusts, as well as stock-broking and financial advisory work. This programme aims to provide a theoretical background of relevance if you wish to follow a career in finance. The programme is also an excellent foundation for postgraduate study in finance and economics.
3. Educational Aims of the Programme
1. To provide a high quality education, informed by recent research and contemporary events
2. To give students competence in the understanding of economic and financial institutions.
3. To equip them with the knowledge of economic and financial principles.
4. To encourage them to develop their intellectual capabilities within an institution that is committed to the advancement of research, scholarship and learning and to the dissemination of knowledge.
5. To provide them with a conceptual framework which can be employed by them to make and analyse economic and financial decisions.
6. To provide training in subject-specific skills to prepare students for further study or to directly enter the labour market.
7. To provide this education in a supportive environment where students are encouraged to develop confidence in their own powers of analysis and decision making
8. To provide students with the opportunity to learn and work in a foreign country; and to enhance their appreciation of a different social, educational and professional culture from their own.
4. Programme Structure
Your Economics and Finance with Year Abroad programme is a four year programme of study at National Qualification Framework (NQF) level 6 (as confirmed against the FHEQ). This programme is divided into four ‘Stages’. Each Stage is normally equivalent to an academic year. The programme is also divided into units of study called ‘modules’ which are assigned a number of ‘credits’. The credit rating of a module is proportional to the total workload, with 1 credit being nominally equivalent to 10 hours of work.
5. Programme Modules
At the point of application or shortly after enrolling students may select a four-year version of this programme. We offer “with Year Abroad”, or “with Industrial Experience” variants. In these cases Stage 3 becomes Stage 4, and Stage 3 is replaced with 120 credits of alternative work and assessment.
Students take the modules BUS1908 and BSD2005 in their first and second year as preparation for their year abroad. Students will then be enrolled on the module BUS3000 for their year abroad. This module brings together credits taken at a partner institution and/or the results from the work abroad placement assignment.
To be permitted to undertake study at a European partner institution, students are expected to have a credit weighted average of 50% in Year 1 and must have completed BUS1908 in Year 1 and BSD2005 in Year 2 as preparation for a year abroad. To be permitted to undertake study at an International (non-European) partner institution, students are expected to have a credit weighted average of 60% in Year 1 and must have completed BUS1908 in Year 1 and BSD2005 in Year 2 as preparation for a year abroad. To be permitted to undertake a work placement, students are expected to have a credit weighted average in Year 1 of 50% (for European placements) or 60% (for International work placements) and must have completed BUS1908 in Year 1 and BSD2005 in Year 2 as preparation for a year abroad.
Note: Students will not be penalised if they do not attend BUS1908 in Year 1.
Stage 1
Compulsory Modules
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BEE1036 | Economics I | 15 | Yes |
| BEE1037 | Economics II | 15 | Yes |
| BEE1022 | Introduction to Statistics | 15 | Yes |
| BEE1006 | Introduction to Finance | 15 | Yes |
| BEE1023 | Introduction to Econometrics | 15 | Yes |
| BEE1024 | Mathematics for Economists | 15 | Yes |
| BUS1908 | Preparation for WYA With Year Abroad | 0 | No |
Optional Modules
30 credits of optional modules
Stage 2
Compulsory Modules
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BEE2025 | Microeconomics II | 30 | Yes |
| BEE2026 | Macroeconomics II | 30 | Yes |
| BEE2031 | Econometrics | 15 | No |
| BEE2027 | Financial Markets and Decisions I | 15 | Yes |
| BEE2037 | Money and Banking | 15 | No |
| BSD2005 | Preparation for 'with Year Abroad' | 0 | No |
Optional Modules
15 credits of optional modules
Stage 3
Compulsory Modules
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BUS3000A | Year Abroad (Study and Work Placement) or | 120 | Yes |
| BUS3000B | Year Abroad (Study) or | 120 | Yes |
| BUS3000C | Year Abroad (Work Placement) | 120 | Yes |
Stage 4
Compulsory Modules
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BEE3034 | Financial Markets and Decisions 2 | 15 | No |
Optional Modules
105 credits of optional modules
6. Programme Outcomes Linked to Teaching, Learning and Assessment Methods
Intended Learning Outcomes
A: Specialised Subject Skills and Knowledge
| Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to: | Intended Learning Outcomes (ILOs) will be... | |
|---|---|---|
| ...accommodated and facilitated by the following learning and teaching activities (in/out of class): | ...and evidenced by the following assessment methods: | |
1. a knowledge of the basic principles of economics, at both the microeconomic and macroeconomic level. | (1) Core modules in microeconomics and macro economics BEE1036, BEE1037, BEE2025, and BEE2026 meet these objectives. (2) A number of elective modules in the third year build on the tools and concepts studied in the core modules and apply these to various issues at the level of the individual, the organisation, and the society. Electives include, for example, modules in public economics, labour economics, political economy, industrial organisation, growth and development, and international trade. (3) & (4) will be covered by core modules in statistics and econometrics, such as BEE1022 and BEE 2031. The theory covered in these modules will be used for various case studies in the elective modules. (5) & (6) BEE1006, BEE2027, BEE2037, BEE3059 and BEE3034 are the specialist modules which will cover (5) and (6). These modules are compulsory for students taking a degree in Economics and Finance and cover a number of overlapping issues in the fields of economics and finance. The relation between the two fields and their inter-linkages are covered. Economic models developed using tools taught in the core economic modules are used to study many financial issues. | These ILOs will be accessed via a number of different assessment methods, such as solving several problem sheets and writing essays during the term as various concepts are taught, comprehensive final examinations at the end of each term, dissertation projects for applied economics. |
Intended Learning Outcomes
B: Academic Discipline Core Skills and Knowledge
| Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to: | Intended Learning Outcomes (ILOs) will be... | |
|---|---|---|
| ...accommodated and facilitated by the following learning and teaching activities (in/out of class): | ...and evidenced by the following assessment methods: | |
7. the ability to acquire and use data from a range of sources | The modules in this programme will encourage students to employ various university resources such as the resources offered by the library and the internet to explore more about the applications of the concepts covered. | Assignments such as essay writing and dissertation will help students developing their skills for organising and processing information from various sources, thinking creatively, and writing effectively. |
Intended Learning Outcomes
C: Personal/Transferable/Employment Skills and Knowledge
| Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to: | Intended Learning Outcomes (ILOs) will be... | |
|---|---|---|
| ...accommodated and facilitated by the following learning and teaching activities (in/out of class): | ...and evidenced by the following assessment methods: | |
10. CONFIDENT COMMUNICATOR: Able to adapt and adjust both written and verbal communication styles, to meet the needs of diverse audiences. | BEE1036 Economics I and BEE1037 Economics II instructs students in open economy macroeconomics, which explores international economic interdependencies. BEE2026 Macroeconomics II requires Students to gain an understanding of exchange rates, why they change over time, what determines them, how to assess the economic prospects of countries. Any company in a global economy must deal with these issues. BEE1024 Mathematics for Economists introduces students to introduce models which are to be formulated, analysed and then confronted with real-world data. BEE1036 Economics I and BEE1037 Economics II requires students to critically assess different policy proposals for managing the macro economy. BEE1006 Introduction to Finance and Accounting teaches students about the role of the stock markets and the mechanics of investment, principles of investment, and the present value model of investment. BEE2025 Microeconomics II asks solve economic questions, especially those relating to policy issues. Students develop the ability to identify, present and explain standard theoretical economic models and apply them to analyses of economic questions and policy issues. BEE2026 Macroeconomics II askes students to critically assess different policy proposals for managing the macro-economy and present economic arguments for and against key macro-policy issues. BEE2027 Financial Markets and Decisions 1 asks students to apply economic analysis to asset pricing and decision-making under risk and uncertainty. In addition students must critically analyse the arguments made in support of CAPM and The Efficient Markets Hypothesis. BEE2037 Money and Banking requires students to demonstrate analytical skills, specifically their ability to use mathematical models to analyse economic problems BEE1022 Introduction to Statistics asks students to use statistical software to summarise and analyse data.
| The ILOs in this section are met through a combination of assessment methods including examinations, coursework assignments, presentations, group work activity, and in class tests. |
7. Programme Regulations
UG Programmes: Assessment at stage one does not contribute to the summative classification of the award. The award will normally be based on the degree mark formed from the credit weighted average marks for stages 2 and 3 combined in the ratio 1:2 respectively. For the four-year WYA/WIE variants, it is stages 2, 3, and 4, with the ratio of 4:2:8.
Classification
8. College Support for Students and Students' Learning
Personal and Academic tutoring: It is University policy that all Colleges should have in place a system of academic and personal tutors. The role of academic tutors is to support you on individual modules; the role of personal tutors is to provide you with advice and support for the duration of the programme and extends to providing you with details of how to obtain support and guidance on personal difficulties such as accommodation, financial difficulties and sickness. You can also make an appointment to see individual teaching staff.
Student/Staff Liaison Committee enables students & staff to jointly participate in the management and review of the teaching and learning provision.
9. University Support for Students and Students' Learning
10. Admissions Criteria
11. Regulation of Assessment and Academic Standards
12. Indicators of Quality and Standards
Certain programmes are subject to accreditation and/ or review by professional and statutory regulatory bodies (PSRBs).
13. Methods for Evaluating and Improving Quality and Standards
14. Awarding Institution
University of Exeter
15. Lead College / Teaching Institution
University of Exeter Business School (UEBS)
16. Partner College / Institution
Partner College(s)
Not applicable to this programme
Partner Institution
Not applicable to this programme.
17. Programme Accredited / Validated by
0
18. Final Award
BSc (Hons) Economics and Finance with Year Abroad
19. UCAS Code
Not applicable to this programme.
20. NQF Level of Final Award
6 (Honours)
21. Credit
| CATS credits | 480 |
ECTS credits | 240 |
|---|
22. QAA Subject Benchmarking Group
[Honours] Economics
23. Dates
| Origin Date | 01/12/2011 |
Date of last revision | 11/02/2021 |
|---|
