This programme combines a thorough training in statistics with courses in economics and finance. The different components of the degree programme reinforce one another to provide a coherent and wide-ranging foundation in modern quantitative techniques useful for a career in finance.
- Degree Programme
- Statistics, Economics and Finance BSc
- UCAS code
- 3 years
- Application deadline
- 15 January 2016
- 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
- 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:
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.
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.
- 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.
- The programme is accredited by the Royal Statistical Society (RSS) enabling you to be granted Graduate Statistician (GradStat) status if you achieve second-class honours or above and choose at least 50% of your year two and three courses in statistics.
- 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.
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).
The statistics courses are drawn from the Statistics BSc degree. Your first year will include mathematics, statistics and some computing, which will be followed by increasing specialisation in statistics in the second and third years. The economics and finance components include a foundation in micro- and macroeconomics and financial accounting, and a range of options including courses in Money and Banking, Financial Computing, Econometrics and Economics of Finance.
Accounting for Business
Further Probability and Statistics
Introduction to Practical Statistics
Introduction to Probability and Statistics
Mathematics for Students of Economics, Statistics and Related Disciplines I
Mathematics for Students of Economics, Statistics and Related Disciplines II
All first year courses are compulsory.
Computing for Practical Statistics
Introduction To Applied Probability
Linear Models and the Analysis of Variance
Mathematics for Students of Economics, Statistics and Related Disciplines III
Probability and Inference
You will select 1.5 credits of optional courses, including at least one of the following:
Remaining credits can be selected from a wide range of options. Options may include:
Management Information and Control
Money and Banking
Stochastic Methods in Finance I
You will select 3.0 credits from a wide range of optional courses.
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.
Detailed course descriptions are available on the department website: Statistics, Economics and Finance BSc.
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. You will also develop your research skills, communication skills and word processing skills through statistical project work.
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:
- Full-time student, MPhil in Management at the University of Cambridge (2013)
- Full-time student, MSc in Finance at LSE (2013)
- Trainee Actuary, Capita (2012)
- Risk Analyst, Royal Bank of Canada (2012)
- Associate, 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.
- 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.