So, wish to study Economics in the UK? Alright. Economics is the study of resources including money. If you search the definition of Economics in the dictionary you will find very complicated definitions there. But simply Economics is the study of how society will use its scarcity of resources in the best possible way. This Article contains a lot of information about studying Economics in the UK. So, if you wish to study this course in the UK, definitely this article is going to help you a lot.
Top 5 reasons to study Economics in the UK
Each year many students around the world visit the UK to study Economics. The top 5 reasons to study Economics in the UK are-
- The UK has been shaping modern economics for 100 years. The industrial heritage of the UK made it a focal point.
- For some of the world’s most influential economic ideas, today the UK has the 5th best economy in the world.
- 3 universities in the UK ranked top in the world for Economics according to the QS World University rankings.
- There are more than 1200 economics courses that are available in UK universities. And the world-class teachers are ready to offer education with real-life challenges.
- So whether you want to work in finance, journalism, or another field entirely, you can get ready for the global job markets.
Universities to study Economics in the UK
Are you looking for the best university that offers Economics in the UK? There are some best universities in the UK for Economics. Such as-
How much is the cost to study Economics in the UK?
The most important factor that an international student must consider before applying to a course is the cost. So to help you here we are giving the tuition fees of Economics based on some UK universities such as Birmingham City University, Coventry University, University of Dundee, University of Greenwich, Northumbria University Newcastle, University of Roehampton London, Swansea University, University of Portsmouth, DE Montfort University, York St John University, Royal Holloway University of London, London Metropolitan University, London South Bank University, University of Hertfordshire, University of Huddersfield, King’s College London.
Undergraduate tuition fees
Tuition fees of Economics in the UK at undergraduate level is currently ranging from £13000 – £31,260. Some universities may require higher tuition fees for the international students. If you study at any Russell Group university you need to pay more tuition fees. Tuition fees may fluctuate from intake to intake so it is wise to check the updated tuition fees from the university website.
Postgraduate tuition fees
Tuition fees of Economics in the UK at postgraduate level is currently ranging from £15,000 – £20,700. If you study any high range university like Russell Group you will need to pay more tuition fees. However, tuition fees can fluctuate from intake to intake or yearly basis so, it is wise to check the updated tuition fees from the university website.
Cost of Living in the UK
Living costs can be a big issue for the international students to make a decision about studying abroad. The UK is more affordable than other countries. If you Study Economics in London your approximate living costs will be £1334 per month. And if you study Economics outside London your approximate living costs will be £1023 per month. Though it totally depends on your way of living.
Entry requirements of studying Economics in the UK
Entry requirements generally help the international students to check their eligibility for pursuing a degree abroad. If you want to take a higher education in the UK you should always check the entry requirements of your preferred course. Here are the entry requirements of undergraduate and postgraduate programmes to study Economics in the UK.
Undergraduate entry requirements to study Economics in the UK
- 12th pass certificate/A Level
- UCAS Points: 104 -120
- GCSE with minimum C/4 in English and Math
- Access to HE Diploma
- International Baccalaureate with minimum 24-28 points
- BTEC with DDM
IELTS with minimum score overall 6.0 with not less than 5.5. Some universities may require higher entry requirements.
Postgraduate entry requirements to study Economics in the UK
Applicants must complete a bachelor degree with minimum 2:2 or above in a relevant subject such as Economics, Accounting, Finance etc. Graduates from Mathematics, Business Studies, Social Science and Engineering can also apply to this course.
IELTS with minimum score overall 6.5 with not less than 6.0. Some universities may require higher English requirements.
International students’ entry requirements may vary university to university. So if you are a study abroad aspirant, you should always check your country specific entry requirements from the university website.
Economics is one of the most demanding courses in the UK as 3 universities in the UK ranked in the QS World University Ranking list for Economics. So, if you wish to study Economics in the UK you can contact AIMS Education as it is a trusted consultancy firm that can help you from making applications to the visa process.
What are the best universities to study Economics in the UK?
Ans: A Some popular universities to study economics in the UK are-
• Birmingham City University
• Coventry University
• DE Montfort University
• Swansea University
• University of Roehampton London etc.
Why is the UK good for Economics?
Ans: The UK has been shaping modern economics for 100 years. The industrial heritage of the UK made it a focal point.
Is Economics in demand in the UK?
Ans: Economics has huge demand in the UK as more career opportunities are available for the graduates of this course.
Is a Masters in Economics in the UK worth it?
Ans: Yes, Because if you pursue a masters program in economics in the UK you will learn how to interpret financial trends and analyze financial data. And you will be ready for the global job markets.
How much is the cost to study Economics in the UK?
Ans: The tuition fees of this course for undergraduate programs in the UK ranges from £13000 – £31,260 and for postgraduate programs it ranges from £15,000 – £20,700.