Business Economics with a Year in Industry
UCAS code LN12
- Study mode
- Full-time
- Duration
- 4 years
- Start date and application deadlines
-
- Start date
About this course
It is an exciting time to join us, our Economics programmes are ranked 11th from 71 providers (a rise of 7 places on last year) for Times Good University Guide 2025. We are now in the top 10 in the 2025 Guardian University Guide and we outperformed the sector benchmarks for all 7 question themes in NSS 2024.
*based on subject area.
Introduction
Studying Business Economics with a Year in Industry BA at Liverpool will develop your quantitative and analytical skills in addition to broadening your business knowledge.
Throughout your time at Liverpool, our Business Economics with a Year in Industry BA programme will help you develop much sought after analytical skills that you’ll be able to use in many different business settings as you will have the opportunity to gain experience using real-time trading information, economic and financial news in our Bloomberg Trading Floor.
From your first year of studying right up until your last, you will cover the main principles of business and depending on your chosen pathway, Accounting and Finance or International Business, you will also study the key areas of economics to understand and put into a business context, discover its role within business, the UK and the wider global economy.
What you'll learn
- Development of economic thought
- Professional skills and employment preparation
- Understanding of how statistics operate economics and business
- Financial management and reporting
- Gain knowledge of accounting theory
- International development in the global economy
- Key issues in international business
- The study of microeconomic and macroeconomic theory
Accreditation
The University of Liverpool Management School holds accreditation from AACSB, AMBA and EQUIS. This makes it one of an elite group of institutions worldwide to hold the gold standard triple accreditation.
Through excellent teaching and quality content, this course is accredited by the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA).
Accreditation in detail
ACCA
In aligning our Accounting and Finance programme with the Association of Chartered Certified Accountants (ACCA), our students are eligible for exemptions from specific ACCA exams up to the Strategic Professional Level papers. This will fast-track their journey to membership once they graduate – so they can start their careers in finance and accountancy more quickly.
CIMA
This programme is accredited by Chartered Institute of Management Accountants (CIMA) which will give you further skills and understanding on how businesses operate, are managed, how to create strategies and how people work together.
ICAEW
The Institute of Chartered Accountants in England and Wales (ICAEW) works with the University of Liverpool to grant credit for prior learning (also known as exemptions) for relevant content covered in undergraduate and postgraduate degrees.
Once you have finished your degree you will only have to complete any outstanding modules, the compulsory practical work experience element of the ACA and demonstrate your ethical and professional development, to qualify as an ICAEW Chartered Accountant.
Course content
Discover what you'll learn, what you'll study, and how you'll be taught and assessed.
Year one
Your first year at Liverpool will introduce you to the subjects that provide the foundation for an economic study of business. Upon commencing the programme you will take a combination of core modules and optional modules determined by your chosen pathway: Accounting and Finance or International Business.
Both pathways have a number of compulsory modules that must be completed in addition to optional modules.
Those on the Accounting and Finance pathway are required to take the core module ACFI101 and may choose either ACFI102 (available on this pathway only) or ACFI103. ECON159 is not available on this pathway.
Those on the International Business pathway have no optional modules in year one, students must take ACFI103 and ECON159.
Modules
| Optional modules | Credits |
|---|---|
| INTRODUCTION TO FINANCE (ACFI103) | 15 |
| INTRODUCTION TO MANAGEMENT ACCOUNTING (ACFI102) | 15 |
Programme details and modules listed are illustrative only and subject to change.
Year two
In your second year of study, you will start to build upon the foundations you created in your first year to start to deepen your understanding of economics and business with six core Business Economics related modules including International Management, Introductory Econometrics for Business and Economics and Management Economics. These core modules are also alongside two modules from your chosen pathway.
In year two, those on the Accounting and Finance pathway must complete the compulsory modules listed and may choose either ACFI201 or ACFI204 in semester 1 and ACFI202 or ACFI203 in semester 2. MKIB261 is not available on this pathway.
Those on the International Business pathway must take ACFI204 and MKIB261.
Modules
| Optional modules | Credits |
|---|---|
| FINANCIAL MANAGEMENT (ACFI204) | 15 |
| FINANCIAL REPORTING 1 (ACFI201) | 15 |
| ACCOUNTING THEORY (ACFI202) | 15 |
| MANAGEMENT ACCOUNTING (ACFI203) | 15 |
Programme details and modules listed are illustrative only and subject to change.
Year three
The third year of your programme is spent on placement. You will complete a year-long graduate-level placement, providing valuable work experience and an opportunity to further enhance the skills and attributes sought after by top employers.
You can apply for UK-based placements with a large organisation or smaller company or even seek a placement overseas. You will be visited at least twice by University staff whilst on placement with support from the Placement Team throughout and complete related assessments in May.
Further information about the year in industry is available on the Management School website.
Modules
| Compulsory modules | Credits |
|---|---|
| ULMS PLACEMENT YEAR (ULMS299) | 120 |
Programme details and modules listed are illustrative only and subject to change.
Year four
Your final year enables you to apply the theoretical knowledge you’ve gathered in your previous studies and apply it to specific business scenarios as well considering economy theory in relation to contemporary issues. With more optional modules to choose from you are able to pursue areas of study of particular interest to you and your future career plans.
In year four, both pathways must complete ECON355 and ECON333.
The following optional modules are available on the Accounting and Finance pathway only; ACFI303, ACFI309, ACFI302, ACFI320, ACFI322.
The following optional modules are available on the International Business pathway only; MKIB369, MKIB351, ULMS370.
Modules
| Compulsory modules | Credits |
|---|---|
| INDUSTRIAL ORGANISATION (ECON333) | 15 |
| DEBATES IN MACROECONOMIC POLICY (ECON355) | 15 |
Programme details and modules listed are illustrative only and subject to change.
Teaching and assessment
How you'll learn
Modules are taught using the latest active learning techniques including business simulations, real-world case studies, social media, interactive participation software, lecture capture and real-time financial and business data using our Bloomberg Trading Floor. The principal forms of teaching are lectures and seminars with lectures normally being supported by material such as hand-outs and presentations.
Seminars give the opportunity for detailed discussion of a topic under the direction of a tutor. You are normally expected to prepare work in advance for seminars and may be expected to present work or give presentations from time to time. On some modules, such as quantitative techniques and IT, seminars may take the form of practical sessions using our PC suites.
All our degrees depend on you spending a good part of the week in private or group study in preparation for lectures and seminars. This involves making extensive use of the excellent library and IT facilities, just one minute’s walk away from the Management School.
How you're assessed
You will be assessed through a combination of coursework and examinations. The exact weighting will vary from one module to another. As well as individual assignments and exams, you may also be assessed on group reports and presentations.
Liverpool Hallmarks
We have a distinctive approach to education, the Liverpool Curriculum Framework, which focuses on research-connected teaching, active learning, and authentic assessment to ensure our students graduate as digitally fluent and confident global citizens.
The Liverpool Curriculum framework sets out our distinctive approach to education. Our teaching staff support our students to develop academic knowledge, skills, and understanding alongside our graduate attributes:
- Digital fluency
- Confidence
- Global citizenship
Our curriculum is characterised by the three Liverpool Hallmarks:
- Research-connected teaching
- Active learning
- Authentic assessment
All this is underpinned by our core value of inclusivity and commitment to providing a curriculum that is accessible to all students.
Entry requirements
The qualifications and exam results you'll need to apply for this course.
| Qualification | Details |
|---|---|
| A levels |
BBB |
| GCSE |
GCSE Mathematics at grade 7/A and GCSE English at grade 4/C required. |
| BTEC Level 3 national extended diploma |
DDD in a Business related subject plus grade B at A level. Business Related BTEC are:: Applied Law; Applied Psychology; Business, Accounting & Finance; Computing, Creative Media Production; Engineering, Enterprise & Entrepreneurship; Health & Social Care; Hospitality; ICT; IT; Media; Public Services; Strategic Management & Leadership; Travel and Tourism. |
| BTEC combinations |
BTEC National Diploma DD in a Business related subject plus grade B in an A Level BTEC National Extended Certificate D plus BB at A level. Business Related BTEC are:: Applied Law; Applied Psychology; Business, Accounting & Finance; Computing, Creative Media Production; Engineering, Enterprise & Entrepreneurship; Health & Social Care; Hospitality; ICT; IT; Media; Public Services; Strategic Management & Leadership; Travel and Tourism. |
| Welsh Baccalaureate Advanced |
B in the Welsh Baccalaureate, plus BB at A level. |
| Access |
Pass relevant Access to HE Diploma with 45 Level 3 credits with 30 at Distinction and 15 at Merit. |
Course options
Studying with us means you can tailor your degree to suit you. Here's what is available on this course.
Global opportunities
University of Liverpool students can choose from an exciting range of study placements at partner universities worldwide.
Year in China
Immerse yourself in Chinese culture on an optional additional year at Xi'an Jiaotong Liverpool University in stunning Suzhou.
- Learn Chinese
- Study in a bustling world heritage city
- Improve employment prospects
- Study Chinese culture
- 30 minutes from Shanghai
- Learn new skills
Semester abroad
Take a semester of your second year of study at one of our worldwide partner institutions.
- Inspire your future career or studies
- Improved prospects of earning a 2:1 or First
- More likely to earn higher salary
- More likely to be employed after graduating
Summer abroad
Spend a summer abroad on a study placement or research project at one of our worldwide partner institutions.
- Spend a summer abroad in addition to your degree programme
- Study abroad without adding an extra year
- Choose any summer between your first and final year of study
- Get the chance to study subjects outside your discipline
Where can I spend a summer abroad on this course?
- Hong Kong
- Japan
- South Korea
Year in industry
This course is also available without an included year in industry.
View Business Economics BA (Hons)
To spend a year in industry, you'll need to secure a placement with an organisation. If you're unable to find a placement, you'll continue with the standard version of the course without a year in industry.
Language study
Every student at The University of Liverpool can study a language as part of, or alongside their degree. You can choose:
- A dedicated languages degree
- A language as a joint or major/minor degree
- Language modules (selected degrees)
- Language classes alongside your studies
Your experience
Day-to-day teaching will take place in the University of Liverpool Management School; a world leading centre for management and leadership education and research and is one of an elite group of institutions worldwide to hold the gold standard ‘triple-crown’ accreditation. At the Management School, students have access to careers education, opportunities to work as well as excellent library and IT facilities, just one minute’s walk away.
Explore where you'll study
Why study Business Economics
Virtual tour
Supporting your learning
From arrival to alumni, we’re with you all the way:
- Careers and employability support, including help with career planning, understanding the job market and strengthening your networking skills
- A dedicated student services team can help you get assistance with your studies, help with health and wellbeing, and access to financial advice
- Confidential counselling and support to help students with personal problems affecting their studies and general wellbeing
- Support for students with differing needs from the Disability advice and guidance team. They can identify and recommend appropriate support provisions for you.
I think Liverpool is one of the best cities to study and live in. There are lots of shops, independent restaurants, exciting nightlife, a variety of concerts and music nights, sporting events, museums and some beautiful parks.
Chat with our students
Want to find out more about student life?
Chat with our student ambassadors and ask any questions you have.
Careers and employability
Studying Business Economics with a Year in Industry at the Management School not only develops specific quantitative and analytical skills but a broader business knowledge from studying both business and economics. Studying Business Economics at the Management School will provide you with the skills to work in finance, accountancy and government administration.
Many former students find successful careers in many professions such as:
- Business Analyst
- Audit Associate
- Financial Analyst
- Marketing Associate
- Associate Analyst
- Account Executive
You will be encouraged to undertake a Year in Industry as part of the four-year sandwich degree programme.
Recent employers for the previously mentioned professions include:
- Astra Zeneca
- HSBC
- Matalan
- NHS
- Tesco
You can also explore taught postgraduate opportunities in our management school including:
- MSc Economics;
- MSc Accounting and Finance;
- MSc Project Management.