Mathematics with Economics

Course overview

Accredited* by the Institute of Mathematics and its Applications (IMA), our mathematics with economics degree provides a dynamic interdisciplinary curriculum. It combines foundational mathematical concepts with economic theories, allowing you to have a deep understanding of both fields. You will engage in data analysis, quantitative techniques, and problem-solving, enhancing your analytical prowess. The program delves into economic dynamics, policy analysis, and mathematical modelling, equipping graduates with versatile skills applicable across industries.

This course is delivered jointly with the College of Engineering and Physical Sciences and Aston Business School, and combines economics, finance and business-oriented modules with applied maths modules.

aston-mathswitheconomics--fionndunn-heroimage

"I am an Analyst at J.P. Morgan Asset Management. Aston helped me achieve this by having a great careers team who worked with me to hone my CV, getting me valuable work experience through an industrial placement at Deloitte, and giving me additional support during my studies when I felt I was struggling."

Fionn Godwin

BSc Mathematics with Economics

Analyst J.P Morgan Asset Management

Why Mathematics with Economics at Aston University?

Professionally accredited*

Accredited by the Institute of Mathematics and its Applications (IMA)

Gold standard teaching

Aston University was awarded Gold- the highest possible rating for Teaching Excellence Framework (TEF, 2023)

Excellent graduate prospects

Mathematics ranked 1st in the UK for graduate prospects Complete University Guide 2024

Ranked 24th in the world

Aston University is ranked 24th in the world for reducing inequalities

Top 10% in the world

Aston University placed in the top 10% of all 5,663 institutions evaluated

Mathematics at Aston University

Final year student Vishakha talks about her experiences studying mathematics at Aston.

Careers and Placements

Whatever your Aston University journey, we're here to help. Discover what's possible with Careers and Placements.

Course description

BSc (Hons) Mathematics with Economics

In today's data-driven world, there's a high demand for graduates who possess strong math skills and a deep understanding of economics, business, and finance. These individuals are equipped to excel in various career paths, from enhancing a company's market insights through computer modeling to forecasting economic trends. Our mathematics with an economics degree, offered in collaboration with Aston Business School, seamlessly blends economics, finance, and business modules with practical math applications.

What we will provide
This interdisciplinary course equips you with a comprehensive toolkit that combines mathematical expertise with economic insights, preparing our students for a dynamic and analytical career path.

We are an Adobe Creative Campus meaning you will have access to top-notch software licenses, including Adobe and Solidworks, commonly used in industry. To find out more, visit here.

It is not mandatory to bring your own device for this course, however if you choose to do so please note will need laptop specifications of i5 or above (or AMD equivalent).

What you will provide
We hold in high regard individuals who not only absorb knowledge but also actively employ it, displaying determination in the face of challenges, maintaining flexibility, and embracing teamwork. If you have a passion and genuine interest in Mathematics with Economics, this course is for you.

What skills we teach
Throughout the Mathematics with Economics programme, you will develop proficiency in advanced mathematical techniques, data analysis, and economic theory. You will also cultivate critical thinking abilities, problem-solving skills, and an understanding of how mathematical concepts intersect with economic principles.

Placement year
We encourage all our students to partake in a mathematics placement year. This invaluable chance enables you to employ mathematical concepts within authentic real-world environments, acquire hands-on experience and boost your employability.

Career prospects
The Mathematics with Economics programme has been meticulously crafted, incorporating insights from industry experts, to cater to the substantial demand for graduates equipped with this unique skill combination, primarily within the finance and information-intensive sectors. Recent graduates have embarked on diverse career paths, with positions such as Graduate Forensic Accountant, Actuarial Analyst, Asset and Liabilities Management Analyst, and Route Analyst in esteemed organisations such as Virgin Media, Accenture, Fujitsu, IBM, and GCHQ. Alternatively, you might opt to further your education by pursuing an MSc or PhD program or even delve into the field of education as a career pathway.

Professional accreditation
This programme is accredited by the Institute of Mathematics and its Applications (IMA).

How you will learn

You will engage in a variety of learning formats including lectures, computer labs, and seminars. The mathematics course incorporates guest speakers who bring real-world insights. Additionally, there is a unique aspect of peer teaching, where second-year students assist first-years in labs, promoting collaborative learning and a supportive learning community.

My internship at Amazon

Learn about mathematics student Alexandru-Gabriel's six-month internship with Amazon.

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Supporting our Mathematics students

Nine ways we support our students studying Mathematics

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Facilities

You will have access to a range of facilities that will support your academic and personal development. You will gain both practical and theoretical experience in our lecture theatres and seminar rooms where you will be able to conduct any research. You will also have access to a comprehensive library with a wide range of transport-related literature and online databases.

Course objectives

Prepares you for a career in academia or industry, primarily in a mathematically oriented field.
Equips you with a wide range of analytical and computational tools which they can employ in a principled framework.
Provides you with an understanding of the main areas of mathematics, and their applications, at undergraduate level.
Provides you with a stimulating and challenging learning experience that will enable students to develop their analytical and computational skills, preparing them for the dynamic and ever-changing environment of the information age.
Offers you the opportunity to obtain relevant industrial experience by providing the option of a placement year.

Modules

Modules and learning outcomes

Year 1 modules

In your first year you will study the following core modules:

Module Title	Credits
Introductory Mathematics for Engineering, Digital, and Physical Sciences	15
Probability	15
Introductory Programming for Engineering and Physical Sciences	15
Principles of Microeconomics	15
Statistics	15
Principles of Macroeconomics	15
Power Skills	15
Interdisciplinary Design Project	15
Total	120

Year 1 outcomes

On successful completion of the first year, you will be able to:

Work effectively as a member of a team, contributing to several roles during group problem solving challenges
Utilise literacy, numeracy, and power skills to construct, present, defend and reflect upon relevant ideas and arguments, verbally, in writing, and diagrammatically
Correctly use the appropriate mathematical language and formalism in mathematical thinking and logical processes
Possess a range of mathematical skills and techniques for problem formulation and solution
Use effective programme design to analyse and solve computing problems and evaluate solutions
Identify key issues that are pertinent to economics and modelling
Develop fundamental theories of mathematics in the areas of calculus, statistics and probability.

Year 2 modules

In your second year you will study the following core modules:

Module Title	Credits
Vector Calculus	15
Intermediate Microeconomics	15
Linear Algebra	15
Differential Equations and their Methods	15
Numerical Methods	15
Introduction to Machine Learning	15
Mathematics Team Project	15
Intermediate Macroeconomics	15
Total	120

Year 2 outcomes

On successful completion of the second year, you will be able to:

Apply the concepts and techniques of mathematical modelling to successfully solve analytical and computational problems
Critically appraise different methods and techniques of problem solving, and to assess their effectiveness and applicability
Work effectively in teams to solve real-world mathematics-based problem
Effectively communicate mathematical concepts, proofs, and problem-solving strategies through written, oral, and visual means
Articulate complex mathematical ideas clearly and coherently to diverse audiences, including peers, instructors, and professionals in related fields
Demonstrate an ability to incorporate ethical principles as they relate to mathematical practice.

Placement year modules

You will spend your third year on placement. You will be fully supported throughout the process by our award-winning Careers and Placements team.

Placement Year

Module Title	Credits
EPS Placement Year	120

Placement year outcomes

On successful completion of the placement year, you will be able to:

Develop new knowledge and understanding of a professional environment, the role of individuals within project teams and associated professional issues.
Communicate effectively in a professional environment
Reflect on experience studying in a different culture leading to personal development in global awareness, intercultural competency and adaptability.

Final year modules

In your final year, you will study the following core modules:

Module Title	Credits
Mathematics Major Project	30
Partial Differential Equations	15
Computational Mathematics	15
Further Topics in Microeconomics	15
Further Topics in Macroeconomics	15
Financial Mathematics 1	15
Financial Mathematics 2	15
Total	120

Final year outcomes

On successful completion of the final year, you will be able to:

Demonstrate advanced proficiency in computational mathematics by applying a range of numerical methods, algorithms, and computational techniques to solve complex mathematical problems
Critically compare and evaluate the appropriateness of mathematical methods related to solving applied/computational mathematical problems
Apply advanced analytical techniques to solve complex interdisciplinary problems
Perform independent project work, write and present scientific reports and presentations
Effectively communicate mathematical ideas and results through rigorous mathematical writing, presentations, and discussions
Select, combine, and utilise a variety of diverse concepts and to solve model economic problems and apply them to real-world problems.

We may update our courses to reflect best practices and academic developments. If we do, we’ll let you know of any changes at the earliest opportunity by updating our course webpages. If you have already received an offer, we’ll write to you directly to let you know of the changes.

Entry requirements

A Levels
ABB, to include A level Maths at minimum grade A
BBB, to include A level Maths at minimum grade B (with an EPQ or Core Maths* at grade B)
BBC, to include A level Maths at minimum grade B (contextual offer)

*List of core maths qualifications we accept: AQA Certificate in Mathematical Studies, City & Guilds Certificate in Using and Applying Mathematics, NCFE Level 3 Certificate in Mathematics for Everyday Life, OCR (MEI)* Certificate in Quantitative Problem Solving, OCR (MEI)* Certificate in Quantitative Reasoning, Pearson Edexcel Certificate in Mathematics in Context, WJEC Eduqas Certificate in Mathematics for Work and Life and Level 3 Core Math.
Contextual offers
Aston Ready is our contextual offer scheme that could reduce your undergraduate offer by one or two grades. Assessed at the point of application, there are no additional forms to fill in.

Contextual offer criteria

BTEC Level 3 Extended Diploma and National Extended Diploma (any subject): DDM plus 1 A-Level in Mathematics at minimum grade B.
1 BTEC Level 3 National Extended Certificate or Subsidiary Diploma (any subject): M, plus 2 A-levels at grade AB. This must include A-level Mathematics at grade A.
2 BTEC Level 3 National Extended Certificates or Subsidiary Diplomas (any subjects): DM, plus A-level Mathematics at grade A.
BTEC Level 3 National Diploma and Diploma (any subject): DM, plus A-level Mathematics at grade A.
BTEC Level 3 Foundation or 90 credits Diploma (any subject): DM, plus 2 A-levels at grade AB. This must include A-level Mathematics at grade A.
Level 3 Diploma in Advanced Manufacturing Engineering with an overall grade of Distinction, plus A-level Mathematics at grade A.
The Level 3 Extended Diploma in Advanced Manufacturing Engineering is not accepted, please see our foundation programme for an alternative route.
Certificate/ National Certificate Level 3: Not accepted.

32 overall points with 6, 5, 5 in Higher Level subjects including a minimum grade 6 in Higher Level Mathematics and a minimum grade 5 in Standard Level English.

We accept the QAA-recognised Access Diploma which must consist of at least 24 Distinctions and 21 Merits at level 3; including at least 15 credits in Mathematics units.

Please note that we do not accept the English and Maths components within the Access qualification and you must meet the GCSE entry requirement.

T Levels are not currently accepted as an entry requirement for this course.

You may be able to access this course via our foundation programme route.

Additionally to our Level 3 requirement each applicant must meet a GCSE (level 2) requirements:

GCSE English Language or Literature minimum grade C/4
GCSE Mathematics minimum grade C/4

Non-standard qualifications

Degree

Year 1 entry: We may consider applicants for year 1 entry who are undertaking a 1st year degree elsewhere. You must meet the GCSEs and A level (or equivalent Level 3) requirements as listed. In order to be considered you will need to submit a UCAS application as we do not accept direct applications and this must include an academic reference from your current institution.

Year 2 entry: Please note that second-year transfers are not part of the standard admissions process and is up to the discretion of the admissions team and tutor. Applications are only considered if there is space in that year of the programme.
Typically, applicants for second-year entry must meet the GCSEs and A level (or equivalent) requirements as listed. Alongside this you must have successfully passed (or be expected to pass) your first year with 120 credits on an equivalent programme at another recognised university with very similar module content.

The equivalency of the programme is reviewed by the Admissions Tutor and you will be required to provide an official copy of the programme specification of this. In order to be considered you will need to submit a UCAS application as we do not accept direct applications and this must include an academic reference from your current institution.

Year 3: We will not be able to consider any application for Year 3.

International students

Aston University is a diverse, close community and welcomes international students on many of our undergraduate programmes. Students from over 120 countries choose to study with us every year. Based in the centre of Birmingham, Aston is not only a great place to study, it’s also a great place to live.

Qualifications in your country

Applicants whose first language is not English will be required to provide evidence of an English language qualification.

English language requirements

International students can enter at Year 2 of this course having completed an undergraduate year one programme at the required academic level with approved teaching partners ONCAMPUS Aston or NCUK.

Aston University provides a range of opportunities for international students to join our community and study on our campus. A key part of our strategy is our relationships with teaching partners, providing multiple pathways to Aston.

Aston’s professional work placements can improve your chance of securing a graduate job. Placements give you experience, confidence and opportunities and, as an Aston student, you’ll be better prepared for your future career. One of the great things about Aston is our focus on employability. Our close links with businesses, industries and professions make this possible.

Find out more about applying

Post-study work visa

Aston University welcomed the creation of a new Graduate Immigration Route which enables international students to remain in the UK for two years after you complete your studies to find work. This new post-study work visa applies to international students completing full-time undergraduate and postgraduate courses.

Graduate Immigration Route

Fees and scholarships

Course fees

UK students
(2025/26)

Annual tuition fees:	£9,535*
During placement year:	£1,250

International students
(2025/26)

Annual tuition fees:	£21,500
During placement year:	£2,500

UK students (Home Undergraduate):

The annual tuition fee for the programme commencing in academic year 2025/26 will be £9,535 (subject to the passing of legislation implementing the Government’s policy to increase the maximum tuition fee from £9,250, payable by Home Undergraduate students on full-time courses). The fee for the placement year is £1,250.

International students (Overseas Undergraduate):

The annual tuition fee for the programme commencing in academic year 2025/26 will be £21,500. The fee for the placement year is £2,500.

All students:

The duration of your programme is set out at the top of this course page and you will be responsible for the payment of an annual tuition fee in each of these years. The University reserves the right to increase tuition fees annually in accordance with its Terms and Conditions and subject at all times to the maximum tuition fee caps set by Government from time to time. This means that your total tuition fee may be higher than stated above, but your total tuition fee will never increase by more than 6% year on year. An increase in fees will allow the University to cover the increased costs of delivering the course and ensure it is able to maintain high standards of education and facilities.

More information on fees

For Home students: Tuition fees for UK/Home students may change in line with government policy.

For International students: The International students fee is a fixed annual fee for the duration of the Programme, except whilst on placement when a placement year fee applies.

Scholarships

At Aston University we are committed to supporting the most talented and hardworking students to achieve their potential by providing a range of scholarships to help lower tuition and living costs.

Explore our scholarships

Assessment

We will assess you in a diverse variety of ways including, blending exams with coursework, portfolio submissions, weekly online quizzes, individual programming tasks, post competitions, and group presentations. Assessing you through different practices will help gain an overall understanding of your knowledge.

Career prospects

On successful completion of our mathematics with economics degree, the analytical skills you acquire open doors to various career paths. You can venture into the financial sector, engage in modeling and engineering, explore the world of computing and programming, or even pursue teaching and research opportunities.

Some companies our students have gone onto include Tik Tok, GlaxoSmithKline, Experian,Health Trust Europe and Brewin Dolphin.

A career in Mathematics

We spoke with mathematician Thomas to find out what possibilities are available after completing a mathematics degree

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Be part of our community

Once you have joined us at Aston University, you’ll always be part of our community, even beyond graduation.

Alumni Services

Frequently Asked Questions

Why study Mathematics with Economics at Aston?

Combining input from both Aston Business School and the School of Engineering and Applied Science, you’ll get a rounded learning experience, getting you ready for a career where your skills will be in high demand.

How will a placement year benefit me?

We think that the knowledge you gain through your studies are best applied to real life and the most effective way to do this is by working in a company. As well as the opportunity to apply what you’ve learned, you’ll also gain invaluable communication and team skills.

We have excellent links with industry and will help to arrange this placement for you.

Is Birmingham a good place to study?

Our campus is based in the centre of Birmingham, the youngest major city in Europe and a great place to live, work and study.

Great music and entertainment with a vibrant nightlife. Bars, clubs, pubs, live music, festivals, concerts. Whatever your tastes, there's something here for everyone.
Fantastic food. Birmingham's diverse community means you can try anything from the famous Balti triangle, the Chinese Quarter, high street chains, halal and vegan food, and Michelin-star dining.
World-class shopping. The Bullring and Grand Central is a shopper's paradise. From the world's biggest Primark to luxury brands at the Mailbox.
Arts and culture. Museums, galleries, theatres, concerts and Birmingham's art collection is as wide as it is impressive - not to be missed.
Green, open spaces. One of the greenest cities in Europe, Birmingham has hundreds of publicly accessible parks and green spaces across the city.
Sporting action. Birmingham has some of the most exciting venues for watching or participating in sport in the UK.

Discover Birmingham