The United Kingdom is one of the leading global financial centres in the world. As a result, studying economics in the United Kingdom brings a lot of career benefits. Students have access to quality education, resources, and financial experts in the field of economics. These opportunities will shape you and equip you to have the best financial knowledge that will be relevant in any part of the world. Additionally, you will have access to a large number of opportunities to pursue after graduation. The United Kingdom is a popular choice for studying economics. You can study both at the undergraduate level as well as the postgraduate level.
Studying economics in the United Kingdom can be highly competitive. This is because of the high influx of students who apply to study economics in the United Kingdom. Most universities have strict requirements for screening aspiring students. Therefore, you need to know and prepare the requirements which will enable you to gain admission to study economics in the United Kingdom.
This piece will show you the basic academic requirements that are needed for studying economics in the United Kingdom.
Requirements for Studying Economics in the United Kingdom
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A-level Certificate
An A-level certificate is one of the qualifications that can be used to apply for a bachelor’s degree in economics in the UK. However, you must have good grades in your A-level examinations. Therefore, you are required to have grades such as A and B in subjects such as Mathematics, History, Statistics, Political Science, and English Language.
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Secondary School Certificate
You need to show evidence of completing your secondary school education. Additionally, you should have a minimum of 80% in your higher secondary certificate.
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International Baccalaureate Diploma
This requirement is specifically for international students. You must have a minimum of 34-36 points including 766 at the Higher level. Additionally, you must have studied mathematics at a higher level.
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UCAS Tariff Point
You need to have a minimum of 160 to 180 in your UCAS points.
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English Language Requirements
You will be required to write an English Language proficiency test if English is not your first language. Additionally, you must show proof of your English proficiency test. You can use English tests such as IELTS or TOEFL. The minimum score for IELTS is 6.5 with no sub-band lower than 6.0. Additionally, the minimum score for TOEFL is 93. However, the test and test score can vary depending on your country and the university you are applying to.
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Have Reference Letters
You must submit at least two reference letters during your application. This reference letter should be from a teacher or an employer. Therefore, reference letters from friends or family will be rejected.
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Personal Statement
Some schools in the UK may require you to write a personal statement. This is an essay that explains why you want to study economics in the UK and your career plans. Additionally, you should check the school’s website to know the amount of words that you need to write in your personal statement.
Requirements to Obtain a Masters in Economics in the United Kingdom
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Have a Bachelor’s Degree
You must have a bachelor’s degree in disciplines such as Economics, Accounting, Business, Finance or a related field. Additionally, you must have a minimum of 2:2 to apply for a master’s degree in the United Kingdom.
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English Language Entry Requirement
You will be required to write an English Language proficiency test if English is not your first language. Additionally, you must show proof of your English proficiency test. The minimum score for the IELTS is 7.0 with no sub-band lower than 6.5.
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GMAT Score
This is not a compulsory requirement for most schools in the UK. However, this can give you a higher advantage over other applicants. Therefore, you can have a GMAT score of 650 or above.
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Letters of Recommendation
You must submit at least three recommendation letters during your application. These letters must be obtained from an employer or a previous lecturer. Therefore, recommendation letters from a friend or family will be rejected. You should have two academic recommendation letters and 1 professional recommendation letter.
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Write a Statement of Purpose
You must write a statement of purpose explaining your qualifications, your plans as well as the reason why you are choosing to study economics in the United Kingdom. Additionally, this essay must be 500 words or 1-2 pages long. This can vary depending on the university’s requirements.
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Resume/CV
You need to submit an updated resume or curriculum vitae showcasing your work experience and educational qualifications.
How to Apply
You can apply to study economics in the United Kingdom through the university’s website. Additionally, you need to go through the school’s website and verify the requirements needed by your school of interest. You can apply for the undergraduate program as well as the postgraduate degree.
Duration
The duration for studying economics in the United Kingdom can vary based on the program of your choice and the University. The Undergraduate program that will offer a bachelor’s degree lasts for a minimum of 3-4 years of full-time study. However, a postgraduate program that will offer a master’s degree takes 9 months to 2 years for full-time and part-time study.
Tuition Fee
The tuition fee for studying economics in the United Kingdom varies based on each University and the program. The average tuition fee for the bachelor’s program is £15,000 -£23,000 annually. Additionally, the average tuition fee for a master’s program is £18,000-£34,000. However, international students will be required to pay higher than this for both programs.
Universities in the United Kingdom that Offer Economics
- University of Oxford, Oxford, England
- University of Manchester, Manchester, England
- London School of Economics and Political Science, London, England
- University of Cambridge, Cambridge, England
- University College London, London, England
- Imperial College London, London, England
- University of Warwick, Coventry, England
- University of Nottingham, Nottingham, England
- King’s College London, London, England
- University of Edinburgh, Edinburgh, Scotland
- University of Sheffield, Sheffield, England
- Newcastle University, England
- University of York, York, England
- University of Bristol, Bristol, England
- Lancaster University, Lancaster, England
- University of Glasgow, Glasgow, Scotland
- University of Sussex, Brighton, England
- Cardiff University, Cardiff, Wales
- University of Liverpool Liverpool, England
- University of East Anglia, Norwich, England
- Durham University, Durham, England
- University of Reading, Reading, England
- University of Exeter, Exeter, England
- Queen Mary University of London, London, England
- University of Leicester, Leicester, England
- University of Strathclyde, Glasgow, Scotland
- London Business School, London, England
- University of Bath, Bath, England
- Loughborough University, Loughborough, England
- University of Aberdeen, Aberdeen, Scotland
- City, University of London, London, England
- University of Surrey, Guildford, England
- Brunel University London, Uxbridge, England
- University of Kent, Canterbury, England
- Queen’s University Belfast, Belfast, Northern Ireland
- University of Stirling, Stirling, Scotland
- University of Wales, Cardiff, Wales
- Swansea University, Swansea, Wales
- University of Dundee, Dundee, Scotland
- Keele University, Keele, England
In Conclusion, studying economics in the United Kingdom demands effective screening procedures for most universities. Therefore, you must make your plans ahead and prepare every necessary document that is required. Additionally, you must confirm via the school’s website before applying. You can reach out to us for further questions and assistance.
Good luck!