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Undergraduate prospectus 2021

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Statistics, Economics and Finance BSc

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.

Covid-19 programme updates

To check whether there are updates to degrees starting in September 2020 due to Coronavirus (Covid-19) please view the 2020 degree information by clicking on the "2020 entry" link above or visit Degrees 2020 and search for your degree programme.

Key Information

Programme starts

September 2021
UCAS code
GLN0
Duration
Full-time: 3 years
Accreditation
Royal Statistical Society (RSS)
Application deadline
15 January 2021
Location
London, Bloomsbury

Entry requirements

A Levels

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. For UK-based students, a grade C or 5 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.

Contextual offer

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. For UK-based students, a grade C or 5 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

Points
39
Subjects
A score of 19 points in three higher level subjects including grade 7 in Mathematics, with no score lower than 5.

Contextual offer

Points
36 (more about contextual offers)
Subjects
A score of 17 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

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 28 credits awarded with Distinction in the Level 3 units, the remainder of the Level 3 units awarded with Merit. 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.

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.

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.

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.

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 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: www.ucl.ac.uk/upc.

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. UCL is located close to the financial institutions in the City.

  • 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.

Accreditation

The Statistics, Economics and Finance BSc has been accredited by the Royal Statistical Society up until 2020/2021, subject to a passing a sufficient number of credits in Statistics modules.

Degree structure

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).

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.

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.

Compulsory module(s)

Economics I (Combined Studies)
Calculus and Linear Algebra
Calculus in Several Dimensions
Accounting for Business
Introduction to Probability and Statistics
Further Probability and Statistics
Introduction to Practical Statistics

Optional modules

All first year modules are compulsory.

Compulsory module(s)

Advanced Linear Algebra
Probability and Inference
Linear Models and the Analysis of Variance
Introduction To Applied Probability
Computing for Practical Statistics

Optional modules

You will select at least one of the following:

Applied Economics
Economics II (Combined Studies)

Any remaining credits can be selected from a wide range of optional modules, which may include:

Managerial Accounting for Decision Making
Money and Banking
Optimisation Algorithms in Operational Research
Social Statistics

Compulsory module(s)

Statistical Inference
Stochastic Methods in Finance I

Optional modules

You will select your remaining credits from a wide range of optional modules, which may include:

Bayesian Methods in Health Economics
Corporate Financial Strategy
Decision and Risk
Economics of Finance
Economics of Information
Factorial Experimentation
Forecasting
Game Theory
Medical Statistics
Mergers and Valuation
Quantitative Economics and Econometrics
Quantitative Modelling of Operational Risk & Insurance Analytics
Stochastic Methods in Finance II
Stochastic Systems


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.

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.

Detailed course descriptions are available on the department website: Statistics, Economics and Finance BSc.

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.

Careers

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, 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.

UCL is commited to helping you get the best start after graduation. Read more about how UCL Careers and UCL Innovation and Enterprise can help you find employment or learn about entrepreneurship.

Fees and funding

Tuition fees

The fees indicated are for undergraduate entry in the 2021/22 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 2021/22 entrants for each year of study on the programme, unless otherwise indicated below.

UK students
£9,250 (2021/22)
Overseas students
£31,200 (2021/22)

Full details of UCL's tuition fees, tuition fee policy and potential increases to fees can be found on the UCL Students website.

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

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.

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

Departmental scholarships

Funding opportunities relevant to the department may appear in this section when they are available. Please check carefully or confirm with the programme contact to ensure they apply to this degree programme.

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.

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 components of your chosen degree programme and good communication skills. 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 2021



Selection

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


UCL is regulated by the Office for Students.


Page last modified on 8 September 2020