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Queen Mary University of London - QMUL
speciality: Economics

4.5

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. 

14 Student Reviews

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  • Economics
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    Experience

    My university has lots of resources for Economics students, plenty of opportunities within the finance field. The new building is very warm and comfortable. I enjoy the library facilities. Also love the new extension.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: London
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  • Economics and ...
    Finance
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    Good university

    Very diverse and good teaching. Welcoming environment. Lots of societies to join. Good teachers who provide lectures and follow up by hosting tutorials – this helps consolidate most of the content taught that week.

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: London
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  • Economics
    Frankie
    Looking forward

    Being a new student, I haven’t spent a lot of time on campus or interacting with others, but in the short time I’ve been here, everyone has been incredibly kind and helpful. I think I’ll have a terrific time here, and the faculty seems excellent.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: Blended
    Campus: London
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  • Business Economics
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    Business and Management

    I like the program I have chosen and the modules. As a second-year student, I have the opportunity to choose 5 modules out of 8 which is great. I like the teaching methods and the variety of assessments, group presentations, mid-term tests, and final essays… Everything is well explained if you pay attention and the QMUL Plus is a great platform to find every information needed.
    The only con is the location of the campus and the looks of it. The location is not safe.

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    Programme: Business Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: London
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  • Economics and ...
    Finance
    Abby
    Wonderful

    I think, our profession is very useful, it contains a large number of financial courses, including practical financial, companies financial, securities shares some field courses, such as this for me for some financial qualifications certificate examination is useful, expectations for the future, I will greatly into the financial institutions, to become a financial professionals, To help you make better investment and financial analysis, I hope to further study financial knowledge.

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    Programme: Economics and Finance
    Degree: Master's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: London
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  • Investment Banking
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    Queen Mary Masters Experience

    I didn’t stay in the accommodation so can’t comment on that.
    Facilities were good, I had all that I feel I needed to complete my work. There was generally always library space/ computer access in many different buildings to use.
    I felt that some of the lecturers were not hard-working enough or considering the fact that many students come from backgrounds where English isn’t a first language. Eg. We had a module called banking law and the lecturer NOT even once gave us a model answer for how to write an essay style answer for our exams even though we begged for him to do this as a guide/ structure to help us to know what he is looking for in an essay style answer. That is just an example of what I mean by not hard-working/ considerate.

    One of my modules in the first semester for my masters was very tough as I came from an unrelated undergraduate degree background. I learnt from the external teacher of that course that there is much pre-requisite knowledge that would have enabled me to do well and understand terminology and basics before starting the module but we had never been told this by the university we were thrown in at the deep end without warning (those with a non-finance background).

    I think the careers department are great. So many useful resources such as access to accounts that help you practice employer style psychometric tests, meetings with advisors, continuous emails with career opportunities, continuous career fairs and events throughout the terms I can’t fault them with that.

    This is my experience in the School of economics and finance and specifically investment banking masters course. It could be different within another department.

    The campus has about 5 different sights to eat (one is a full-on student diner/ restaurant, one is 2 are cafes, and 1 is within the library. This is great as I’ve been to a university where there were only like 2.

    The location Of the campus is close to 2 train stations 3-5 mins for one and 8-10mins for the other station which is helpful when running late for class or going home late at night! What would make it more ideal is if there was a close shopping centre or a collection of stores close by e.g. Superdrug, Boots or a Greggs, Mc Donald’s just more shops around would make it better.

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    Programme: Investment Banking
    Degree: Master's
    Graduation: 2020
    Campus: London
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  • Economics
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    Overall Experience at QM

    As a student who lived at home and commuted for 3 years, I cannot talk about my experience with campus accommodation. The university is situated around 5-10 mins from Mile End station and also accessible from Stepney Green. It is very convenient to access on public transport.

    In terms of the teaching, the lectures and problem sets are efficiently uploaded to our database QMPLUS. The majority of lecturers are proactive in recording their lectures and uploading solutions to the problem sets, however, there are a few lecturers that refuse. On the whole, to succeed you need to stay on top of your work and make use of the resources made available to you. The lecturers are concise and very comprehensive.

    As far as student life is concerned, there are many social facilities I.e. the ground cafe, the hive, drapers etc. To take advantage of during your leisure time at uni.

    Student advisors are allocated from day 1 up until graduation so make sure to take advantage of the incredible support system. Super friendly staff!

    Overall great uni!!

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2020
    Campus: London
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  • Economics and ...
    Finance
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    Teaching

    Some of the teaching staff from tutorials is underprepared. They just read off answers but do not seem to have understanding. They need to be better prepared before taking this on. This obviously doesn’t apply to everyone

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2022
    Campus: London
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  • Economics
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    Community

    I like how social and friendly the people are, there is a sense of community. I like that everything is on campus and has a good location. It also has great diversity. The canteen has halal food which is also a bonus.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2022
    Campus: London
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  • Economics and ...
    Finance
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    Good experience

    Friendly good atmosphere good places to study very welcoming student union lots to do around plenty of society events which accommodates many cultures weekly, lots of places to study relax with a large library

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    Programme: Economics and Finance
    Degree: Bachelor's
    Graduation: 2022
    Campus: London
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