Statistics, Economics and Finance BSc

London, Bloomsbury

This programme combines a thorough training in statistics with modules 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.

UK students International students
Study mode
Full-time
Duration
3 academic years
UK tuition fees (2023/24)
£9,250
Overseas tuition fees (2023/24)
£35,000
Programme starts
September 2023
Application deadline
25 Jan 2023
UCAS course code
GLN0

Entry requirements

Grades
A*AA
Subjects
A* in Mathematics required. Further Mathematics preferred. If you are studying both then the A* can be in either subject.
GCSEs
English Language and Mathematics at grade C or 5.

Contextual offer information

Grades
A*BB more about contextual offers
Subjects
A* in Mathematics required. Further Mathematics preferred. If you are studying both then the A* can be in either subject.
GCSEs
English Language and Mathematics at grade C or 5.
Points
39
Subjects
A total of 19 points in three higher level subjects including grade 7 in Mathematics, with no higher level score below 5. The programme will accept either 'Mathematics: Analysis and Approaches' or 'Mathematics: Applications and Interpretation' at higher level.

Contextual offer

Points
36 more about contextual offers
Subjects
A total of 17 points in three higher level subjects including grade 7 in Mathematics, with no higher level score below 5. The programme will accept either 'Mathematics: Analysis and Approaches' or 'Mathematics: Applications and Interpretation' at higher level.

UK applicants qualifications

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

Equivalent qualification

BTEC Level 3 National Extended Diploma (RQF - teaching from 2016) with Distinction, Distinction, Distinction to include Distinction in Engineering Principles and Calculus to Solve Engineering Problems.

Pass in Access to HE Diploma, with a minimum of 36 credits at Distinction and 9 credits at Merit, all from Level 3 units. Please note, where subject specific requirements are stipulated at A level we may review your Access to HE syllabus to ensure you meet the subject specific requirements prior to a final decision being communicated.

Successful completion of the WBQ Advanced Skills Challenge Certificate plus 2 GCE A levels at grades A*AA, including A* in Mathematics. Further Mathematics is preferred. If you are studying both subjects then A* can be in either subject.

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

D2,D3,D3 in three Cambridge Pre-U Principal Subjects. Mathematics at D2 required. Further Mathematics is preferred. If you are studying both subjects then D2 can be in either subject.

Not acceptable for entrance to this programme.

Not acceptable for entrance to this programme.

Not acceptable for entrance to this programme.

International applications

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.

Access and widening participation

UCL is committed to widening access to higher education. If you are eligible for Access UCL you do not need to do anything in addition to the standard UCAS application. Your application will be automatically flagged when we receive it.

Undergraduate Preparatory Certificates

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

Typical UPC students will be high achievers in a 12-year school system which does not meet the standard required for direct entry to UCL.

For more information see: ucl.ac.uk/upc.

English language requirements

The English language level for this programme is: Level 2

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.

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

Course overview

The statistics modules 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 modules in Money and Banking, Financial Computing, Econometrics and Economics of Finance.

What this course will give you

London is the financial capital of Europe and a leading global financial centre. UCL is located close to the financial institutions in the City.

Ranked 6th in the UK by the QS World University Rankings by Subject 2022 for Statistics and Operational Research, we offer you an excellent education with high standards of teaching.

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.

The department offers a friendly and supportive atmosphere, where small-group teaching and personal attention are available for all students.

Teaching and learning

In each year of your degree you will take a number of individual modules, normally valued at 15 or 30 credits, adding up to a total of 120 credits for the year. Modules are assessed in the academic year in which they are taken. The balance of compulsory and optional modules varies from programme to programme and year to year. A 30-credit module is considered equivalent to 15 credits in the European Credit Transfer System (ECTS).

Upon successful completion of 360 credits, you will be awarded a BSc (Hons) in Statistics, Economics and Finance.

Modules

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change. Modules that are in use for the current academic year are linked for further information. Where no link is present, further information is not yet available.

The programme does not assume any previous exposure to statistics, economics or finance: the first year is designed to provide you with a firm foundation in these subjects, while deepening your knowledge and understanding if you have some previous exposure to the subject areas. The second and third years build on this foundation through further compulsory modules on core topics in probability theory and statistical inference, economics and finance. Specialist areas of application, such as in medicine and commerce, are mostly introduced as third year options.

During the course of your degree, theoretical studies are balanced with an emphasis on practical work, including the use of specialist software, and realistic illustration of theoretical concepts. For the quantitative methods component, you will study mathematics, statistics and some computing in year one, which will prepare you for increased specialisation in statistics in years two and three. The economics and finance components include a foundation in micro- and macroeconomics and financial accounting in year one, and a range of options in years two and three including modules in banking, game theory, econometrics and corporate finance.

Your learning

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

Contact time will vary according to options chosen, but students will typically be expected to undertake 35-40 hours of study per week, of which they can expect to spend around 20-30% of their time in lectures, 10-20% of their time in tutorials, workshops or computer practicals, and the remainder in independent study.

Assessment

Most modules 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.

Accessibility

Details of the accessibility of UCL buildings can be obtained from AccessAble. Further information can also be obtained from the UCL Student Support & Wellbeing team.

The foundation of your career

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, data science and jobs in industry and commerce. Postgraduate study, for example in advanced statistics, medical statistics, data science, actuarial science, finance or economics, provides further options.

Employability

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.

Accreditation

The Statistics, Economics and Finance BSc is accredited by the Royal Statistical Society up until 2023/24, subject to passing a sufficient number of credits in Statistics modules.

Fees and funding

Fees for this course

UK students International students
Fee description Full-time
Tuition fees (2023/24) £9,250
Tuition fees (2023/24) £35,000

The fees indicated are for undergraduate entry in the 2023/24 academic year. The UK fees shown are for the first year of the programme at UCL only. Fees for future years may be subject to an inflationary increase. The Overseas fees shown are the fees that will be charged to 2023/24 entrants for each year of study on the programme, unless otherwise indicated below.

Full details of UCL's tuition fees, tuition fee policy and potential increases to fees can be found on the UCL Students website: ucl.ac.uk/prospective-students/undergraduate/funding-your-studies.

Additional costs

This programme does not have any additional costs outside of purchasing books or stationery, printing, thesis binding or photocopying.

A guide including rough estimates for these and other living expenses is included on the UCL Fees and funding pages. If you are concerned by potential additional costs for books, equipment, etc., please get in touch with the relevant departmental contact (details given on this page).

Funding your studies

The department offers an undergraduate scholarship, the EJ Gumbel Scholarship.

Various funding options are available, including student loans, scholarships and bursaries. UK students whose household income falls below a certain level may also be eligible for a non-repayable bursary or for certain scholarships. Please see the Fees and funding pages for more details.

Scholarships

The Scholarships and Funding website lists scholarships and funding schemes available to UCL students. These may be open to all students, or restricted to specific nationalities, regions or academic department.

Next steps

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.

Selection

For further information on UCL's selection process see: How we assess your application.