School of Economics and Finance

Economics, Statistics and Mathematics

LG11 BSc (Econ) (Hons) 3 years


Our degree in Economics, Statistics and Mathematics is about the real world: about how people respond to incentives, and the production and allocation of resources. Think how many news items involve economics: the global recession, tax, interest rates, prices, and the job market.

There are two major strands in economics: Microeconomics which looks at the individual firm and consumer, attempting to understand their behaviour and motivations, and; Macroeconomics which focuses on the economy as a whole, covering major themes like taxation, investment and inflation.

Your degree will combine a core of macroeconomics, microeconomics and the quantitative techniques used in economic analysis and investigation, taught in the School of Economics and Finance with modules in mathematics and statistics taught in the School of Mathematical Sciences. You will therefore concentrate on the more quantitative aspects of economics. Some of your work will be computer intensive, using networked terminals in the School’s computer laboratories.

Why study an Economics, Statistics and Mathematics degree at Queen Mary? 

The quality of teaching and research within the School of Economics and Finance at Queen Mary has been widely acknowledged. In the 2015 National Student Survey (NSS) 94% and 96% of our students expressed a high level of overall satisfaction with the quality of teaching and support provided for their course, for economics and finance respectively. In terms of Research, Economics at Queen Mary has been ranked 10th in the UK for research power in the latest Research Excellence Framework (REF 2014). We are a young and international School with staff from all over Europe and beyond, who have links to important institutions in the City and further a-field.

You will be able to choose from a wide range of study options and benefit from a varied programme of visiting speakers. Our established exchange programme allows you to spend either a year in the USA, Australia, Singapore or China or a semester through the Erasmus scheme either in Italy or Spain.

The School offers excellent resources to its undergraduate students. We have two computer labs for the exclusive use of economics students. Ten Bloomberg terminals give students access to the latest financial software used in the banking and finance industry. We also subscribe to the major statistical databases, and software packages such as those used by economists in finance or in government for data analysis and simulation.

The School strongly believes that education, personal and professional development also takes place outside the classroom through structured extracurricular activities. Examples of such extracurricular activities organised by the School and open to all students include the research assistant scheme, the maths and book clubs, economics debates, imagery and essay competitions, football and tennis tournaments. The School also actively support the work of two societies, the Economics Society and the Trading and Investment Society.

Every year the School of Economics and Finance organises various guest speaker lectures. So, you will be able to attend a varied programme of lectures and talks. Some of the invited speakers in the past include Tim Harford, John Roemer, Lord Meghnad Desai, Charles Goodhart, Rt Hon Roy Hattersley, Dan Corry, Robert Peston, Scott Page, Frank Allen, Lord Sebastian Coe, Richard Lipsey, Richard Layard, and Sanjeev Goyal.

Study abroad

You can choose to apply for this degree with an additional academic year abroad. We have links with universities around the world, including Europe, North America, Australia, and Asia (specific partnerships for each degree programme may vary). Studying abroad is an excellent way to grow in confidence and broaden your outlook on life by experiencing another culture, while making friends and having fun. When you return to QMUL after this experience, you will have a new perspective on life for your final year and will be awarded the ‘with study abroad’ variant in your degree title, which will help you stand out to employers.

To apply for the 4-year version of this degree, search for 'Economics, Statistics and Mathematics with Year Abroad' on UCAS (course code: LG1Y, institution code: Q50)

Find out more about study abroad opportunities at QMUL 


Year 1

Semester A:

  • Principles of Economics
  • Mathematical Methods in Economics and Business 1
  • Introduction to Probability
  • Numbers set and functions
  • Career Success for Economics and Finance Students

Semester B:

  • Macroeconomics 1
  • Microeconomics 1
  • Probability and Statistics 1 
  • Mathematical Methods in Economics and Business 2

Year 2

Semester A:

  • Macroeconomics 2
  • Games and Strategies
  • Applied Linear Algebra
  • Probability and statistics II

Semester B:

  • Microeconomics 2
  • Econometrics 2
  • Statistical Modelling I
  • Introduction to Computer Programming

Year 3

  • Statistical Theory (Semester B)

and at least one further Maths module from:

  • Actuarial Mathematics
  • Algebraic Structures II
  • Bayesian Statistics
  • Chaos and Fractals
  • Coding Theory
  • Combinatorics
  • Complex Networks
  • Computational Statistics
  • Cryptography
  • Design of Experiments
  • Linear Algebra II
  • Mathematical Problem Solving
  • Metric Spaces and Topology
  • Number Theory
  • Random Processes
  • Relativity
  • Statistical Modelling II
  • Third Year Project (full-year module)
  • Time Series
  • Topics in Probability and Stochastic Processes

and at least two modules from the School of Economics and Finance:

  • Corporate Strategy
  • Topics in Econometrics
  • Economics Project 1 (Semester A or B)
  • Economics Project 2 (full-year module)
  • Applied Econometrics
  • Economics of Technology and Innovation
  • Business Cycles
  • Environmental Economics
  • Public Economics
  • Macroeconomic Policy
  • Labour Economics
  • Advanced Microeconomics
  • Health Economics
  • Development Economics
  • Behavioural Economics
  • Political Economy
  • Finance of Emerging Markets

To enhance your academic experience, we have introduced the QMUL Model to all our degrees. In this context you will take the specially developed modules, Sets, Functions and Numbers in Year 1, and Introduction to Programming in Year 2. For further information on this initiative please contact Mr James Kilvington, Undergraduate Programme Manager.


Entry requirements

General Admission Entry Requirements can be found below.

2018 Entry requirements

A-LevelGrades AAA at A-Level. This must include A-Level Mathematics. Excludes General Studies, Critical Thinking and Use of Mathematics.
IBInternational Baccalaureate Diploma with a minimum of 36 points overall, including 6,6,6 from three Higher Level subjects. This must include Mathematics at Higher Level. Excludes Maths Studies.
BTECSee our detailed subject and grade requirements
GCSEMinimum five GCSE passes including English and Maths at grade B or 5.
Contextualised admissionsWe consider every application on its individual merits and will take into consideration your individual educational experiences and context. More information on how academic schools and programmes use this information as part of the admissions process, can be found on our contextualised admissions pages.

General Admissions Entry Requirements

English Language Proficiency

All applicants to QMUL must show they meet a minimum academic English language standard for admission and to be successful on the course, to the indicated levels for the area of study. See our guidance on English Language requirements for all degree programmes.

Vocational and Other Qualifications

The College accepts a wide range of qualifications such as Access and Foundation programmes, vocational awards, Irish Leaving Certificate, Scottish Highers and other Baccalaureates. You are advised to contact the Admissions team ( before making an application so that we can give individual advice.

Admission is based on academic merit and on the proven ability of the applicant to achieve success on their chosen programme of study. Every application to Queen Mary is considered on its individual merits with personal statement and reference taken into consideration.

Combined Qualifications

If you are taking a combination of qualifications at Level 3, we will consider your academic profile and may make offers on a case-by-case basis. You are advised to contact the Admissions team ( before making an application so that we can give individual advice.

Advanced Entry

Subject to the policy of the programme, it may be possible for students to join undergraduate degree programmes at the beginning of the second year of a three or four year degree programme or, sometimes, the beginning of the third year of a four year programme. Please note, not all schools will consider advanced entry. You are advised to contact the Admissions team ( before making an application for individual advice.

If you are applying for advanced entry on the basis of a post A-Level qualification, such as the BTEC HND, you should apply via UCAS in the usual way. If you wish to transfer your degree studies from another UK higher education institution, you will be considered on the basis of your original A-Level or equivalent qualifications, current syllabus, academic references and results.

We typically expect you to have achieved a 2.1 standard on your current programme and have already met the standard equivalent first year entry requirements. Applications must be submitted via UCAS.

Non-UK students

European and International Applicants

Our students come from over 162 countries and we accept a wide range of European and International Qualifications for entry, in addition to A-Levels, the International Baccalaureate and BTEC qualifications. Please see our International Admissions webpages for further details of our academic requirements, and information regarding how we assess the equivalence of your qualification.

Applicants will typically be expected to be taking academic subjects relevant to the programme of study. You are advised to review the A-Level and IB requirements for an indication of these subjects. If you are at all unclear, the Admissions team ( is happy to advise you further.

Further Information

For any other enquiries directly relating to our entry requirements, please contact the Undergraduate Admissions Office directly.
Telephone: +44 (0)20 7882 5511

See our information and guidance on how to apply.

Learning and teaching

Learning is organised around three hours of weekly contact time per module, complemented by independent work aimed at carrying out the reading, writing and problem solving required by each lecturer. A variety of teaching methods are used ranging from student-led activities to problem-based learning.

Independent Study:
For every hour spent in classes you will be expected to complete a further 2-3 hours of independent study. Your individual study time could be spent preparing for, or following up on formal study sessions; reading; producing written work; completing projects; and revising for examinations.

The direction of your individual study will be guided by the formal study sessions you attend, along with your reading lists and assignments. However, we expect you to demonstrate an active role in your own learning by reading widely and expanding your own knowledge, understanding and critical ability.

Independent study will foster in you the ability to identify your own learning needs and determine which areas you need to focus on to become proficient in your subject area. This is an important transferable skill and will help to prepare you for the transition to working life.

Assessment is by a variety of methods including formal examinations, in-class tests, coursework of various forms, presentations and independent dissertation. Most modules have two methods of assessment (e.g. coursework and a two-hour exam).

Fees and funding

Tuition fees for Home and EU students

2018/19 Academic Year
Full-time £9,250

Tuition fees for International students

2018/19 Academic Year
Full-time £16,900

You can either take out a Tuition Fee Loan (see Funding section below) to pay your fees or, if you are paying them yourself, you can pay in instalments.

Tuition fees for a year abroad or placement year on a full time undergraduate course will be a proportion of the full fee for the year in which you commence your time abroad or placement.

For information on field trip and other course related costs which are not included in your tuition fee, please contact the relevant Department/School.

See more general information about fees.

Tel: +44 (0)20 7882 7676


Queen Mary has a substantial package of scholarships and bursaries which will benefit around 50 per cent of our undergraduate student body.

Scholarships and Bursaries available at Queen Mary for Home/EU Students

There are a number of scholarships and bursaries available each year for home students. Visit our Bursaries and Scholarships page for more information.

Visit our Advice and Counselling website for more information about financial support.

Scholarships available at Queen Mary for International Students

There are a number of Scholarships available each year for International Students including bursaries and scholarships in a range of subject areas.

Find out more about international scholarships.

Some International students may also be eligible for a fee reduction.

Loans and Grants available to help with tuition fees and living costs

Student Finance England administers all grant and loans for your studies if you normally live in England.

If you live in Wales, Scotland or Northern Ireland you have an equivalent Student Finance department for your region.

Through Student Finance England, you can apply for (figures relate to programmes starting from September 2016):

  • A Tuition Fee Loan of up to £9,000 to pay all or part of your fees
  • A Maintenance Loan of up to £10,702 to help pay your living costs like rent, food and travel
  • Extra grants if you have a disability or you have children or an adult dependant
  • You might get a grant to cover some travel expenses if you normally live in England but study away from home. If you’re a medical or dental student you might also qualify for help with the costs of attending clinical placements in the UK.

Visit Student Finance Information to find out more about:

  • How to apply for student finance
  • What eligibility rules apply, including if you already have a degree or previous higher education study
  • What the income thresholds are and how much you might personally get for each element of Student Finance
  • What to do if you have problems getting your Student Finance

Other financial help on offer at Queen Mary

We offer one to one specialist support on all financial and welfare issues through our Advice and Counselling Service, which you can access as soon as you have applied for a place at Queen Mary.

Our Advice and Counselling Service also has lots of Student Advice Guides on all aspects of finance including:

  • Additional sources of funding
  • Planning your budget and cutting costs
  • Part-time and vacation work
  • Money for lone parents

For more information visit the Advice and Counselling service website, or call +44 (0)20 7882 8717.

Graduate employment

Graduates from Queen Mary’s School of Economics and Finance go on to work in a variety of careers. Most people apply their degree knowledge directly, entering roles in insurance, banking and accounting. Others transfer skills gained during study into sectors such as marketing or law.

The national 2015 destination survey confirmed that 92% of graduates for the School of Economics and Finance were in employment and/or study six months after graduation, with 91% of these individuals working/studying at graduate level. School of Economics and Finance graduates have a strong earning power, with a median salary of £23,157.

The broad range of skills gained through this course, coupled with multiple opportunities for extra- curricular activities and work experience, has enabled students to move into a variety of careers.

Roles that graduates from this School have obtained include:

  • Actuary - Friends Providence
  • Assistant Tax Adviser - Ernst and Young
  • Data Analyst - Investment Property Databank
  • Quality Assurance Assessor - National Archives
  • Sales Graduate Trainee - Thomson Reuters
  • Trainee Chartered Accountant - Hayes Macintyre
  • Trainee Chartered Accountant -Lubbock Fine
  • Trey Support Assistant - UBS Warburg

Throughout the course, students have access to an annual QM Careers and Enterprise Centre programme, to prepare them for internships and graduate level work. This includes employer led workshops on job applications and interviews as well as over 70 employer events to facilitate networks and help students to explore their options.

The School of Economics and Finance has a weekly programme of in-school workshops and events led by the School’s Careers Consultant. These include events such as Meet the Alumni, a mentoring programmes with RBS and access to weekly 1-2-1 appointments with the Careers Consultant to get support with work experience and job applications. There is also a 3 week Focus on Finance programme with workshops on economics in industry and government, working in insurance, investment banking, consulting and accounting, and featuring employers such as KPMG and Bloomberg as well as accountancy training providers.

Opportunities for work experience are substantial given Queen Mary’s location between Canary Wharf, the City and the Olympic Village. Students are encouraged to build their work experience throughout their period of study, through, for example, our QProjects work experience scheme, our QRecruit internships and temporary work hub, the part time work Experience Works event and QMSU Provide volunteering services. Over 1400 vacancies are available to browse on the QM JobOnline vacancy site.

Queen Mary’s extensive campus also provides over 1200 on-campus job and volunteer opportunities ranging from E-learning Assistant to Gym Instructor and from Society President to Student Mentor.

Read more about our careers programmes and range of work experience opportunities on the QM Careers and Enterprise Centre pages.



Name: Ammar Mahmood
Studied: BScEcon Economics (graduated 2011)

“I always wanted to study in London, and Queen Mary offered an excellent choice of courses, as well as a campus style experience right here in the heart of the city. My course is flexible and has put me in charge of what I would like to specialise in, as well as leading to a world-renowned qualification.

“The staff are incredibly helpful, and the academic and study facilities are superb. There is never any shortage of workstations which are dotted all around the campus, and the online student services are comprehensive and easy to use.

“The social life at Queen Mary is great with the Students’ Union putting on some sensational nights at the Drapers’ bar on campus, as well as at Fabric and the Ministry of Sound nightclubs in central London. My personal hangout place of choice has to be the Hive (a study area next to the Library). It is newly refurbished with comfy sofas and computers, and there are no restrictions on talking to your mates like in the Library. Now that there are vending machines in there I never have to leave!

“I have been involved with the Queen Mary Economics Society and I also participate in the staff vs students fortnightly football match. Being part of the Economics Society puts me at the forefront of organising extra-curricular events and activities for other students, something I very much enjoy.”


Sophia Vi Vi Dinh

Studied: BSc in Economics and Finance (graduated 2009); MSc Finance and Investment (graduated 2010)

Currently: Corporate Finance Analyst, RBS

How did you find out about your current job?
Grad fairs and online. Most companies have all the information that you’ll need to know about the organisation and their requirements on their graduate careers website. I started with a 10- week summer internship and then was offered a graduate position for the following year. Internships are often the best way for a company to assess if you are a promising candidate for a permanent position.

How did your time at Queen Mary prepare you for work?
It is true that there is a lot of on-the-job training. But Queen Mary prepared me by providing me with a strong grasp of the concepts of corporate finance and financial accounting. Many of the modules also require you to undertake practical projects and presentations, lifting your heads out of the books. This has helped me to apply my understanding of economic theories in practice.