Bachelor of Economics UK is a 3-4 years degree course depending on the subjects involved. BA Economics UK graduates often prove to have bright career growth. The average tuition fees of Economics Bachelors degree UK ranges from 15000- 23000 GBP per year. According to a UK study, 65% of UK business graduates are employed within six months of graduation. The average salary of a BA Economics UK graduate is 41000 GBP per year. Top universities in the UK require IELTS score of 6.5(minimum) and TOEFL score of 80(minimum) for admission of international students. Bachelor of Economics graduates often get job opportunities in companies like Barclays Bank PLC, Frontier Economics etc.

Why Study Bachelors in Economics in UK Universities?

The UK is a popular choice for those wishing to study Economics at the undergraduate level. Students should consider some of the below mentioned reasons while choosing to study in the university of the UK.

  • Capital London is one of the most important financial sectors globally
  • UK is home to several international banks and financial institutions
  • Being a financially advanced country, the chances of employment is higher in the UK
  • A flexible schedule helps students to cope up with the course. Students can choose full time or part time courses as per convenience.

Top Universities for Bachelors in Economics in UK

Universities in UK for Bachelor of Economics are tabulated below with respective fees.

University Name Course Fee
University College London 32100 GBP(3274253 INR)
University of Bristol 24500 GBP(2499040 INR)
King's College London 31260 GBP(3188571 INR)
University of Warwick 29830 GBP(3042709 INR)
University of Manchester 27500 GBP(2805045 INR)
Teesside University 15000 GBP(1530024 INR)
University of Greenwich 16150 GBP(1647326 INR)
University of Leeds 24000 GBP(2448039 INR)
University of Glasgow 19920 GBP(2031872 INR)
University of Birmingham 23460 GBP(23929588 INR)

NOTE: 1GBP= 102 INR as on 29th May, 2023

Admission Process for Bachelor of Economics in UK

Students need to go through the following process to apply for a Economics Bachelor Degree UK.

  • Visit the official website of desired University
  • Online Application form submission
  • Fill up the form by jotting down all the required information and details
  • Submit required documents mentioned in the official website
  • Pay the application fee through the available mode of payment
  • Attend a telephonic or digital interview

Admission Deadline of Universities Offering Bachelor in Economics in UK

Applicants can consider the below mentioned table for the admission deadlines of the top universities for a Bachelor of Economics in UK:

University Name Admission Deadline
University College London 31st January, 2024( For 2024 Admission)
University of Bristol 16th October, 2023( For 2024 Entry)
King’s College London 25th January, 2023(closed)
University of Warwick 21st September, 2023
University of Manchester 21st September, 2023
Teesside University 25th June, 2023
University of Greenwich 21st September, 2023
University of Leeds 21st September, 2023
University of Glasgow 30th June, 2023
University of Birmingham 31st January, 2024(for 2024 entry)

Eligibility Criteria for Bachelor of Economics in UK

The eligibility criteria for Bachelor of Economics in UK may vary depending on the university or institution. However, some common requirements include:

  • IELTS: overall score of 6.5
  • SAT, ACT or GMAT Score
  • 10+2 marks in the related field from a reputed board

University-wise Admission Requirements for Bachelor of Economics in UK

Below is the table for the top universities in the UK for Bachelor of Economics in UK and admission requirements:

University Name Admission Requirements
University College London IELTS 7.0 TOEFL 96
University of Bristol IELTS 6.5 TOEFL 103
King’s College London IELTS 7 TOEFL 100
University of Warwick IELTS 7.0 TOEFL 100
University of Manchester IELTS 6.5 TOEFL 92
Teesside University IELTS 6.0 TOEFL 80
University of Greenwich IELTS 6.0 TOEFL 83
University of Leeds IELTS 6.0 TOEFL 80
University of Glasgow IELTS 6.5 TOEFL 90
University of Birmingham IELTS 6.5 TOEFL 88

Admission Documents Requirement

Below are the documents required for admission in Bachelor of Economics in UK

  • Academic transcripts of all your academic records, diploma, certificate, and achievements
  • Visa
  • Passport
  • Passport size photographs
  • Statement of purpose
  • Financial proof
  • Medical report
  • Minimum 2 letters of recommendation. It can be from your high school faculty who have judged your academics closely.
  • Work experience certificate
  • Test scorecards of entrance examinations like TOEFL, IELTS, ACT, and SAT.
  • Study permit
  • Scholarship grants, if any
  • Intent of return
  • Essay writing

Cost of living for Bachelor of Economics in UK

Below table portrays the estimated costs of living for international students studying Bachelor of Economics in UK:

Particulars Cost per month
Housing 500 GBP(50995 INR)
Transportation 150- 200 GBP(15298- 20398 INR)
Food 150- 200 GBP(15298- 20398 INR)
Clothing and leisure 50 GBP(5099 INR)
Telephone and Mobile 50 GBP(5099 INR)

Bachelor of Economics in UK Scholarships

Table below portrays the scholarships available for Indian students pursuing Economics Bachelor Degree UK:

Scholarship Name Eligibility Reward
The Dean’s International Business School Scholarship Self funding applicants classed as International for fee Purpose Pursue an Undergraduate Course 50% reduction in Tuition fees for each three years of study
Global Economic Undergraduate Scholarships Classed as Overseas for fee structure Any Undergraduate Degree 6500 GBP(464819 INR)
Warwick Undergraduate Global Excellence Scholarship Pursuing any Undergraduate Degree Classed as Overseas for fee structure Full tuition fee waiver or Half Tuition fee waiver or 2000 GBP discount on tuition fees each year
The Global Study awards by King’s College London Must be pursuing any undergraduate degree from King’s College 1000 GBP(101991 INR)

Jobs after Bachelor of Economics in UK

Below table portrays the jobs/roles and their respective annual median salaries for graduates with a Bachelor of Economics in UK degree:

Profession Average Salary
Economist 37454 GBP(3829852 INR)
Data Analyst 29095 GBP(2967893 INR)
Business Consultant 46467 GBP((4739959 INR)
Management Accountant 33746 GBP(3442328 INR)
Risk Analyst 29731 GBP(3032770 INR)
Research Analyst 33041 GBP(3370413 INR)

Work Permit

Typically, students studying for a course that is longer than 6 months will require a Tier 4 (General) Student Visa. With this visa, students can study at a recognized institution and work up to 20 hours per week during term time, and full-time during holidays. Students can extend their visa or switch to a work visa in the UK after completing their studies. The eligibility criteria for applying this visa are:

  • Must have the offer letter of attaining full-time course in UK
  • Proof of Financial Ability to carry out the course
  • Desired English language proficiency exam scores

ROI for the top colleges providing Bachelor of Economics in UK

The ROI of the top colleges for Bachelor of Economics in UK is tabulated below:

University Name Annual Tuition Fees Cost of Living Total Expense Annual Salary ROI
University of Manchester 27500 GBP(2805045 INR)



1000 GBP(101991 INR)		 28500 GBP(2907047 INR)



41000 GBP(4182067 INR)		 69%
University of Warwick 29830 GBP(3042709 INR) 30830 GBP(3144710 INR) 75%
University of Leeds 24000 GBP(2448039 INR) 25000 GBP(2550041 INR) 61%

Bachelor of Economics in the UK is an in- demand degree course. International applicants can consider the details aforementioned for admission in UK universities. The average annual salary of an Economic Bachelor Degree UK graduate is 41000 GBP(4182067 INR).

FAQs

Ques.Is economics a good degree in the UK?

Ans. Economics graduates in UK get handsome salaries with long term financial security. BA in Economics UK proven itself upon successful and bright career growths.

Ques.Which economics degree is best in UK?

Ans.The Economics degree from King’s College London is the best Economics degree in UK.

Ques.Which is better BA or BSc in economics?

Ans. Both are same. While BSc emphasizes more on practical knowledge, BA emphasizes more on the theoretical knowledge.

Ques.What is the scope of economics in UK?

Ans. UK is an Economic Hub. Many Financial Sector jobs are available for the Economics Graduates in UK.

Ques. Are economists paid well in UK?

Ans.Yes, Economists are very well paid in the UK. The average annual salary of a Economist in the UK is 37454 GBP (3829852 INR)