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University of Basel - UNIBAS
speciality: Economics

3.5

What Is an Economics Degree?

Are you passionate about the business and finance sector? Do you follow the national and international news? Then, an Economics degree is the answer. It has always been one of the most sought-after degrees amongst youth. 

Economics degrees are designed to tackle all the issues that have an impact on financial situations, ranging from production to how resources are used. Candidates are trained to understand how the economy suffers fluctuations based on the market’s needs and wants followed by the market’s supply and demand.

By far one of the most crucial elements is that economics is divided into microeconomics and macroeconomic. Microeconomics deals with the economic behaviour at an individual level (companies, buyers, sellers and others), whilst macroeconomics illustrates the bigger picture, on a national or global scale (unemployment, economic growth, inflation and so on).

Benefits of an Economics Degree

Having an economics degree increases anyone’s chances to find a job, regardless of the field. This is mainly due to the fact that graduates hold many transferable abilities, such as analytical and problem-solving skills, that are suitable for any career. 

A study made by the London School of Economics and Political Science showed that graduates from an economics course have a starting salary of £33,000 per year. Having a job in the field right after graduation is a major positive aspect and comes with a lot of opportunities for career advancement.

Economics Degree Structure

Economics degrees are usually a three years commitment and sometimes are offered as part of a joint degree. This means that Economics can be studied along with another subject such as engineering, management, law, computer science and others.

This degree can be found either as a Bachelor of Science (BSc) or Bachelor of Arts (BA). The BSc focuses more on economical theory and statistical techniques, while BA is combined with social sciences and qualitative modules. 

2 Student Reviews

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  • Business Economics
    avatar
    Very complete bachelor in Business and Economics at UniBas

    The Business and Economics Bachelor at the University of Basel is a very complete and interesting program that gives you all the knowledge you will need to either start a Master’s degree or to start working. There are a lot of classes you can choose from and with that, you have the possibility to give more emphasis to the subjects you are more interested in. The teachers are also very supportive.
    The only negative point I would highlight is the fact that the university is not the highest-ranking university in Business and Economics of Switzerland, which can make your degree a little less effective to enter a renowned university for your Master’s degree.

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    Programme: Business Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Basel
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  • Economics and ...
    Business
    avatar
    Mixed experiences.

    Studying at the oldest University in Switzerland is a very mixed experience. So let’s begin with the positive side.

    The University is located pretty much in the heart of the city and is easily reachable with Public transportations also things like the Bibliography are only 3 min away.
    Basel itself is a lovely city with a lot of big global companies, especially for the size of this city. So finding a job after or during your studies isn’t that hard, and there are mostly well paid.
    Concerning the studies themselves, I can only speak for the Bachelor of Arts in Business and Economics.
    And it was not that great, to be honest, but it depends a lot on what you expect of this degree.
    Principally the courses are very theoretical and extremely mathematical heavy even for Business studies. I would call it exaggeratedly a Bachelor in Mathematics with Business orientation.
    You simply need to ask your honestly question how much mathematics are you willing to do? And if you are very good at it?
    Because if you love maths, this University will fulfil your joy and you will love your time there and find these courses extremely interesting. Because objectively the Professors are good and the infrastructure is excellent and on top, you can personalize the second and third year of your Bachelor’s, with many minors from which you can choose. But ultimately if in the first place you wanted to do study Business, to understand is procedures and how to manage well or to do great Marketing you are probably at the wrong place and you should search a University which focuses more on that.
    But if you want to study Business for the Financial side and love mathematics you will love it and it will be perfect for you.

    Now on the Bad Side, like said before, the Business and Economics bachelor is more mathematically focused than normally.
    Also if you want to do a semester abroad you don’t have too much choice because the University isn’t in the Erasmus program, so they only have their own partnerships with more than 100 Universities which is still solid.
    Also during your studies, you don’t work a lot with companies together so the courses feels always strongly theoretical.
    Basel is a great city and one of the richest cities on the planet per habitant, which makes it very expensive for students, the rents are very high and normal expenses like groceries are very high if you don’t come from Switzerland. Also in the city isn’t that much going on and apart from Thursday and Friday, you won’t find many students in the evening in Bars (probably because it’s too expensive mostly), so if you love hanging out after your courses this city isn’t for you on the other side if you love the calm city to fully focus on your courses, Basel is perfect.

    To sum it up, if you have a good budget and search for a nice University with a nice calm city, and don’t mind a lot of mathematics this is probably your place. And after the studies, Switzerland is probably the best place to start a career and your Swiss diploma will be a big advantage in Switzerland over the foreign diplomas.

    I on the other side was disappointed because the courses were not what I expected and for me, there wasn’t enough cooperation with companies in the courses, also I like to hang out with my fellow students after the courses which in Basel isn’t common. So I recommend these studies to you if you want classic theoretical courses with a lot of maths and don’t mind a calm city.

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    Programme: Economics and Business
    Degree: Bachelor's
    Graduation: 2021
    Delivery Type: On Campus
    Campus: Basel
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