Undergraduate prospectus

  • Start date: September 2016

Economics and Statistics BSc (Econ)

This programme, run jointly with UCL Economics, combines an in-depth study of economics and econometrics with a solid grounding in mathematical and statistical methods. The programme is suitable for students of high mathematical ability who are considering a career in finance, business or industry.

Key Information

Degree Programme
Economics and Statistics BSc (Econ)
UCAS code
3 years
Application deadline
15 January 2016
Subject area
Statistical Science
Total intake (by subject area)
110 (2016 entry)
Applications per place (by subject area)
9 (2014 entry)
Research Excellence Framework
82% rated 4* (‘world-leading’) or 3* (‘internationally excellent’)

Entry requirements

A Levels

A* in Mathematics or AA in Mathematics and Further Mathematics required.
AS Levels
For UK-based students a pass in a further subject at AS level or equivalent is required.
English Language and Mathematics at grade C. For UK-based students, a grade C or equivalent in a foreign language (other than Ancient Greek, Biblical Hebrew or Latin) is required. UCL provides opportunities to meet the foreign language requirement following enrolment, further details at: www.ucl.ac.uk/ug-reqs

IB Diploma

A score of 18-19 points in three higher level subjects including grade 7 in Mathematics, with no score lower than 5.

UK applicants qualifications

For entry requirements with other UK qualifications accepted by UCL, choose your qualification from the list below:

Equivalent qualification

Not acceptable for entrance to this programme

Pass in Access to HE Diploma, with a minimum of 23-28 credits awarded with Distinction in the Level 3 units, the remainder of the Level 3 units awarded with Merit.

D2,D3,D3 - D3,D3,D3 in three Cambridge Pre-U Principal Subjects. Mathematics at D2 required or D3,D3 in Mathematics and Further Mathematics.

A1,A,A - A,A,A at Advanced Highers (or A1,A at Advanced Higher and A,A,A at Higher - A,A at Advanced Higher and A,A,A at Higher), including Mathematics at Advanced Higher.

Successful completion of the WBQ Advanced Diploma Core with grade A, plus 2 GCE A-levels at grades A*A-AA, including Mathematics.

International applications

In addition to A level and International Baccalaureate, UCL considers a wide range of international qualifications for entry to its undergraduate degree programmes.

Undergraduate Preparatory Certificates

UCL offers intensive one-year foundation courses to prepare international students for a variety of degree programmes at UCL.

The Undergraduate Preparatory Certificates (UPCs) are for international students of high academic potential who are aiming to gain access to undergraduate degree programmes at UCL and other top UK universities.

For more information see our website: UCL Undergraduate Preparatory Certificate.

English language requirements

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency. Information about the evidence required, acceptable qualifications and test providers can be found on our English language requirements page.

The English language level for this programme is: Good

A variety of English language programmes are offered at the UCL Centre for Languages & International Education.

Degree benefits

  • London is the financial capital of Europe and a leading global financial centre, and UCL is located close to the financial institutions in the City.
  • Second-year students may have the opportunity to apply for a 12-month placement with an actuarial employer, between years two and three of the degree.
  • Teaching is enhanced by the varied research interests of our academic staff; from the foundations of the subject to applications of statistics in science, medicine, industry, economics and finance.

Degree structure

In each year of your degree you will take a number of individual courses, normally valued at 0.5 or 1.0 credits, adding up to a total of 4.0 credits for the year. Courses are assessed in the academic year in which they are taken. The balance of compulsory and optional courses varies from programme to programme and year to year. A 1.0 credit is considered equivalent to 15 credits in the European Credit Transfer System (ECTS).

This BSc is a joint degree programme taught in conjunction with UCL Economics. A first-year combination of statistics, economics and mathematics is followed by a roughly equal mix of statistics and economics courses (including econometrics) over years two and three. In the third year in particular, there is considerable flexibility in the range of options available in both economics and statistics.

Year One

Compulsory courses

Economics I (Combined Studies)
Introduction to Practical Statistics
Introduction to Probability and Statistics
Further Probability and Statistics
Mathematics for Students of Economics, Statistics and Related Disciplines I
Mathematics for Students of Economics, Statistics and Related Disciplines II

Optional courses

Applied Economics
The World Economy B

Year Two

Compulsory courses

Economics II (Combined Studies)
Linear Models and the Analysis of Variance
Mathematics for Students of Economics, Statistics and Related Disciplines III
Probability and Inference
Quantitative Economics and Econometrics

Optional courses

Introduction To Applied Probability
Social Statistics

Final Year

Compulsory courses

All final year courses are optional.

Optional courses

You will select 4.0 credits from a wide range of Economics and Statistical Science options. Options may include:

Econometrics for Macroeconomics and Finance
Economics of Finance
Economics of Industrial Relations
Environmental Economics
Game Theory
Medical Statistics I
Medical Statistics II
Optimisation Algorithms in Operational Research
Social Statistics
Stochastic Methods in Finance I
Stochastic Methods in Finance II

Your learning

We employ a variety of teaching methods which include lectures, small-group tutorials, problem classes and computer workshops. Lecturers have regular 'office hours' during which you are welcome to come and ask questions about the course material.


Most courses are examined at the end of the academic year in which they are taken using a combination of end-of-year examinations and in-course assessment. Prizes may be awarded to the most outstanding students in the first, second and third year.

Further Information

Detailed course descriptions are available on the department website: Economics and Statistics BSc (Econ).


Together with subject-specific knowledge, the programme is designed to equip you with skills valued by employers including: advanced numeracy and quantitative skills, analytical and problem-solving skills, and computing skills.

The demand for graduates with training in statistical science is now a permanent feature in both advanced and developing countries for jobs in finance, commerce, industry, research, education and government. Graduates from this department are well-represented in all these fields, in this country and overseas, and recent graduates have continued to be successful in obtaining a wide variety of jobs.

Popular career choices of previous graduates include the financial sector, training in the actuarial or accountancy professions and jobs in industry and commerce. Postgraduate study, for example in advanced statistics, medical statistics, actuarial science, finance or economics, provides further options.


First career destinations of recent graduates (2010-2013) of this programme include:

  • Risk Analyst, Lloyds Banking Group (2013)
  • Graduate Tax Trainee, KPMG (2013)
  • Graduate Trader, J P Morgan (2012)
  • Full-time student, MPhil in Economics at the University of Oxford (2012)
  • Actuary, Ernst & Young (2011)

*Data taken from the 'Destinations of Leavers from Higher Education' survey undertaken by HESA looking at the destinations of UK and EU students in the 2010-2013 graduating cohorts six months after graduation and, where necessary, department records.

UCL is commited to helping you get the best start after graduation. Read more about how UCL Careers, UCL Advances and other entrepreneur societies here: Careers and skills.

Fees and funding


UK & EU fee
£9,000 (2016/17)
Overseas fee
£18,830 (2016/17)


Details about financial support are available at: www.ucl.ac.uk/study/ug-finance


Scholarships listed below are relevant to the department. Please read the details carefully to check they are relevant to the degree and your own circumstances.

Dean's Summer Student Scholarships

Based on academic merit

The Scholarships and Funding website has a comprehensive list of scholarships and funding schemes available for UCL students. These can be available for specific nationalities, regions, departments or open to all students.

Application and next steps

Your application

When we receive your application we will consider your academic record, your predicted grades, your personal statement and your reference. Your application should demonstrate high academic ability, particularly in mathematics, an informed interest in all the components of your chosen degree programme and good communication skills. Attendance at an open day may be required; in special cases, candidates may be interviewed.

How to apply

Application for admission should be made through UCAS (the Universities and Colleges Admissions Service). Applicants currently at school or college will be provided with advice on the process; however, applicants who have left school or who are based outside the United Kingdom may obtain information directly from UCAS.

Application deadline: 15 January 2016


We will decide whether to invite you to an applicant open day on the basis of our assessment of your application. Your visit will include an opportunity to meet staff and current undergraduates, a tour of UCL, a taster lecture and introductory talks about the department and degree programmes.

For further information on UCL's selection process see: Selection of students