We welcome applications from the United States of America
We've put together information and resources to guide your application journey as a student from the United States of America.
Overview
Top reasons to study with us
9
9th for graduate prospects: Economics
The Guardian University Guide (2025)
10
10th for satisfaction with teaching: Economics
The Guardian University Guide (2025)
10
10th for Economics
The Times and Sunday Times Good University Guide (2025)
Introduction
Should a company open a new store? Who gains from interest rate changes? What are the implications of performance-related pay? How to measure the impact of climate change, and what should we do about it?
Business Economics provides you with the analytic skills and intellectual toolbox to help answer these pressing questions and many more.
Programme overview
BSc Business Economics begins by introducing the foundational principles of Economic Theory. The BSc then focuses on Economic methods with specific application to business. You will be exposed to subjects of study such as Marketing, Accounting and Finance by choosing modules from within the Management School.
You will cover the fundamentals of Economic theory and practice, and as your degree progresses and you discover more about both the subject and about yourself. You have the opportunity to flex this programme in ways that speak to your changing interests and strengths. This might lead you to choose modules in:
International Business
International Trade
Industrial Organisation
Health Economics
Amongst many other specialisations. This leads to a degree unique to you, where you have played a major part in building the degree you want.
Key facts
Your economics module choice can also be combined with other modules across the Management School in subjects such as
Accounting
Finance
Marketing
Entrepreneurship and Strategy
Leadership and Management
such that you can complement your economics pathway in its own unique way.
You do not need an A level in Economics or an A level in Mathematics to enrol in BSc Business Economics.
Throughout your degree, we’ll supply training in CV writing, interview assessment centres and telephone interviews. We are proud of our aspiring economists and aim to nurture the potential in every one of them.
Programme outcomes
BSc Business Economics (Industry) offers a grounding in the fundamentals of Economics. The most powerful aspect of Economics is that it teaches a way of thinking which can then be applied to a specific field. If you want to be a government economist advising on tax or social/welfare costs, you need specific knowledge and skills. The same is true for a career in finance. You need specific finance models – how much to invest here, or advise clients to invest there. But the mode of thinking is the same for both: it is the critical, disciplined way of thinking you will get from an Economics degree at Lancaster University. Economics opens up the world because the critical and analytical thinking skills that it inculcates are applicable to whatever your passion, be they Politics, Finance, the trading floor, or working for an NGO, all use the same skills.
Find out what it's like to study Business Economics at Lancaster University Management School.
Three reasons to study with us
Business Economics is a flexible, academically rigorous programme of study that prepares you from day one for a fulfilling, challenging career. There is a lot to take in and we would love you to get in touch to find out more, but if you take away anything from your visit today let it be these three things:
We are Inclusive. We understand that our students come to economics from a variety of backgrounds and with a variety of outcomes in mind. We welcome them all and can help them fulfil those ambitions whether they are to work on the trading floor, or shape public policy.
We are Academically rigorous. Economics is a toolkit, a way of thinking that can be applied to many fields. We are academically rigorous and as such, we don’t just react to changes like NFTs or Crypto currencies, we take our students by the hand and show them how things really are.
We are Flexible. Our programmes are tailored to our students’ passions and interests. We offer Economics with other programmes of study and in some circumstances, allow students to change their programme of study at the end of part one.
You can contact our Part I admissions coordinator Dr Jiawen Li with any questions.
Careers
Our degrees are designed to prepare you for a career in industry, business, finance, consultancy or government. Recent Economics graduates have joined banks and financial consultancies such as HSBC and Deloitte, while others have been employed on graduate schemes with major companies, including BAE and the Swire Group.
Many of our Economics students have gained places on postgraduate courses at top institutions and then pursued specialised careers as economists – for example, at the Bank of England, the Institute for Fiscal Studies, and in academia.
Our Business Economics graduates have found employment in the corporate and service sectors, including banking, finance, accountancy and advertising. Recent Business Economics graduates have continued on to professional training as financial advisers, traders and underwriters.
Lancaster University is dedicated to ensuring you not only gain a highly reputable degree, but that you also graduate with relevant life and work-based skills. We are unique in that every student is eligible to participate in The Lancaster Award which offers you the opportunity to complete key activities such as work experience, employability/career development, campus community and social development. Visit Careers and employability section for full details.
Entry requirements
These are the typical grades that you will need to study this course. You may need to have qualifications in relevant subjects. In some cases we may also ask you to attend an interview or submit a portfolio. You must also meet our English language requirements.
36 Level 3 credits at Distinction plus 9 Level 3 credits at Merit
We accept the Advanced Skills Baccalaureate Wales in place of one A level, or equivalent qualification, as long as any subject requirements are met.
DDD
A level at grade B plus BTEC(s) at DD, or A levels at grade AB plus BTEC at D
35 points overall with 16 points from the best 3 HL subjects
We are happy to admit applicants on the basis of five Highers, but where we require a specific subject at A level, we will typically require an Advanced Higher in that subject. If you do not meet the grade requirement through Highers alone, we will consider a combination of Highers and Advanced Highers in separate subjects. Please contact the Admissions team for more information.
Distinction overall
Contact Admissions
If you are thinking of applying to Lancaster and you would like to ask us a question, please complete our enquiry form and one of our team will get back to you.
International foundation programmes
Delivered in partnership with INTO Lancaster University, our one-year tailored foundation pathways are designed to improve your subject knowledge and English language skills to the level required by a range of Lancaster University degrees. Visit the INTO Lancaster University website for more details and a list of eligible degrees you can progress onto.
Contextual admissions
Contextual admissions could help you gain a place at university if you have faced additional challenges during your education which might have impacted your results. Visit our contextual admissions page to find out about how this works and whether you could be eligible.
Course structure
Lancaster University offers a range of programmes, some of which follow a structured study programme, and some which offer the chance for you to devise a more flexible programme to complement your main specialism.
Information contained on the website with respect to modules is correct at the time of publication, and the University will make every reasonable effort to offer modules as advertised. In some cases changes may be necessary and may result in some combinations being unavailable, for example as a result of student feedback, timetabling, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes and new research. Not all optional modules are available every year.
Each year, students receive specific training by the Management School Careers Team, to prepare them for the graduate labour market. In the first year, the focus is on growing the student’s awareness of labour market dynamics and his or her professional aspirations and inclinations. The second year focuses on goal setting, action planning, and the development of a personalised career plan. The third year focuses on one-to-one sessions with career advisors. The Career Team is based in the Management School, organises events with employers and alumni, and coaches students on how to best perform in the graduate job market through seminars, surgeries, mock interviews and one-to-one advice.
This module aims to train first-year students how to access, analyse and visualise data and how to effectively communicate the results. This year-long module will teach you how to understand and present data to discover patterns in the real world. Throughout the course, you will learn the necessary techniques to present data in an engaging and accessible way. We will endeavour to keep the concepts as intuitive as possible and keep formal notation to a minimum.
Throughout the year, you will go through topics focusing on how to tell stories using economic data, how to present data using graphs and maps and how to use data to discover relationships that characterise the economic world.
The lectures are complemented by a series of seminars and labs which aim to introduce you to the techniques of data visualisation, as well as the use of specialised software for data analysis.
Upon completion of the module, you will be able to recognise and avoid common statistical manipulation, use the appropriate data to approach the problem at hand, and express your interpretation of the data in a concise and persuasive way.
This full-year module is a self-contained introduction to Economics, and can be taken by students both with and without prior knowledge of the subject. It is divided into three parts. The first part provides a thorough introduction to Microeconomics (including the theory of demand, costs and pricing under various forms of market structure, and welfare economics). The second part provides a thorough introduction to Macroeconomics (including national income analysis, monetary theory, business cycles, inflation, unemployment, and the great macroeconomic debates).
The third part of the module, taught in parallel with the first two parts, first covers the key mathematical tools required for a good understanding of Economics (including linear and nonlinear equations, and differentiation), and then shows how the key Micro- and Macroeconomics ideas can help us understand the world around us. In this part, you will participate in economic experiments involving games with and without strategic behaviour. We will also discuss the lessons from the Great Depression and the Great Recession, speculative attacks and currency crises, inequality, democracy and growth, government deficits and inflation, and the macroeconomic implications of Brexit and Covid-19.
Optional
optional modules accordion
This course provides a comprehensive introduction to the basic concepts and techniques of Accounting and Finance, which include financial accounting, managerial finance, and financial statement analysis.
An important element of this course is that it provides exposure to the business and financial environment within which the discipline of Accounting and Finance operates, using real-world financial data for actual companies.
The course covers concepts, techniques and interpretive skills that relate to the external financial reporting of companies and their relationship to the stock market, and to the use of accounting information for internal management purposes.
This module is designed to give you a broad and critical introduction to the subject of marketing through a series of lectures and seminars. A comprehensive range of topics is taught at foundational level which you will then explore further in your second and final years. Subject areas that you will study include Understanding Markets, which examines how markets are created and sustained, Consumer Behaviour, Marketing Communications, Marketing Research and Innovation.
Throughout the year, you will be asked to consider how theory works in practice, by examining your own experience of marketing as well as current stories from the press and marketing media. Assessment consists of coursework including an individual essay and a group-based business report, and a summer exam which is largely essay-based. As part of your studies on this module, we will help you to develop all of the necessary academic skills to succeed in your first year at university and throughout your degree.
Core
core modules accordion
Each year, students receive specific training by the Management School Careers Team, to prepare them for the graduate labour market. In the first year the focus is on growing the student’s awareness of labour market dynamics and his or her professional aspirations and inclinations. The second year focuses on goal setting, action planning, and developing a personalised career plan. The third year focuses on one-to-one sessions with career advisors. The Career Team is based in the Management School, organises events with employers and alumni, and coaches students on how to best perform in the graduate job market through seminars, surgeries, mock interviews and one-to-one advice.
This module provides an introduction to the core concepts and methods of econometric analysis and their applications in economics, business and finance. More specifically, it examines different types of economic data and ways to handle them, the specification of econometric models and their estimation and testing, with a focus on the classical linear regression model. The approach pursued in the course is an intuitive and practical one, where special attention is paid to the application of econometric techniques to real-world data, interpretation and evaluation of the results of the estimation, and the ways in which they can be used to inform business and policy decisions.
An important part of the module is the training in the use of the specialized econometrics software EVews to gain the ability to analyse and assess empirical results. This module equips you with a set of tools and technical skills needed to conduct applied econometric research for the purposes of writing a dissertation or other assignments with an empirical component. The ability to apply econometric methods and evaluate the results represents an essential part of undergraduate training in economics and finance, and is in high demand in the era of big data and business analytics.
Economic problems are often addressed using mathematical models. The aim of this module is to provide you with training in the mathematical skills which are an essential part of the economist's toolkit, and which are needed to successfully complete further modules in Economics. The module assumes no prior knowledge of mathematics beyond GCSE.
On successful completion of this module, you should have a knowledge and understanding of analytical methods, in particular model-based ones. The interpretation of the results derived from the modelling process in the context of economic problems and phenomena and their use in the decision-making process.
The objective of the course is to train students to use macroeconomic models to understand real-world economic phenomena. The students will learn how to interpret macroeconomic data and understand the implications of economic policies. The course will put emphasis on major issues related to economic growth, the causes of economic fluctuations, and the effectiveness of economic policy. We will investigate the link between financial openness and economic growth, and we will explain why emerging countries experience capital outflows. We will study the impact of the exchange rate regime on the effectiveness of fiscal policy, we will rationalise the increase of current account deficits in Europe after the beginning of the nineties, and we will analyse the cause(s) of cross-country differences in hours worked.
The module requires basic knowledge of basic calculus, logical thinking and problem-solving skills.
Various topics of interest to prospective managers are covered within this module, including production and demand, competition and strategic behaviour, advertising and distribution, capital budgeting and inventories, the foreign exchange market, the economics of the multinational enterprise and the politics of corporate economics. The module provides knowledge of aspects of microeconomics relevant to general management, and also emphasises techniques and tools of analysis alongside relevant theory.
The module is designed to as an introduction to aspects of the firm and its environment which are of particular relevance to management. The topics selected aim to bridge the gap between the traditional approach to managerial economics and the more modern study of the organisation.
Optional
optional modules accordion
This course explores how income and wealth inequality arises and how we can potentially “tame” it. It also provides ways to measure inequality and evaluate inequality numbers we see in the media or academic studies. The course aims to stimulate critical thinking by examining the existing theory and applying it to real-world examples and data. The topics covered include skill accumulation, discrimination, luck, mobility, wealth accumulation and the role of bequests. Optional for year II or final year students. The module requires algebra, elementary calculus, introductory econometrics and logical thinking.
This module develops an understanding of the different issues underlying business creation and development. It familiarises you with current theory and research and enables you to understand the processes of enterprise creation and development and the behaviours, motivations and business strategies of entrepreneurs – considering also how these affect the types and performance of the new ventures created.
The module also examines the primary issues associated with entrepreneurial activity in franchise systems, in mature organisations and larger corporations, and in not-for-profit contexts. Frequent use is made of illustrative case histories, and several visiting speakers will share the reality of their entrepreneurial experience with you.
This module helps you improve your strategic thinking. Over the course of this module, you will learn how to use ‘games’ to model strategic situations in the real world, and how to analyse and find out solutions to these games in situations in which players are intelligent and rational. Games including “normal form games”, “extensive form games”, “Bayesian games”, “repetitive games”, and “games with correlation device” will be introduced. Opportunities for playing games with the lecturer and other students will also be provided. The module requires a basic knowledge of algebra, calculus, and economics.
This module provides an introduction to the analysis and use of published financial statements and the concepts which underlie financial reporting by companies. It also considers the relationship between companies and their financial environment. The concepts and use of financial statements are placed within the current commercial context, so that you acquire an appreciation of the role of financial accounting.
This module forms a self-contained introduction to marketing. It examines components of the marketing system, concepts of buying behaviour, analysis of market opportunities, market segmentation, the marketing mix and marketing strategy. Consideration is also given to a number of special topics, including services marketing, retailing and international marketing. It aims to develop your appreciation and understanding of the conceptual and descriptive language of marketing and how it is used within a business and management context.
This module provides you with the opportunity to further develop your knowledge of marketing management and its conceptual frameworks and techniques as well as to apply and adapt your knowledge of these frameworks to a diverse range of marketing management contexts. Going to market will be examined in terms of business buyer behaviour, consumer buyer behaviour, brands and brand management, channel selection and management, and international markets.
This module covers project evaluation methods as well as risk, return and the cost of capital, including the capital asset pricing model. Corporate financing, including dividend policy and capital structure, options, and working capital management will also be investigated.
This module gives you the chance to explore various forms of social media in the context of digital marketing and online consumer culture. You will develop awareness and gain insights into a diverse range of topics such as:
social media tools,
mobile marketing,
online consumption environments,
virtual identities and online consumer behaviour,
online consumption experiences,
the rise of virtual economies.
As part of the module, you will also explore current and potential trends in the digital environment.
Core
core modules accordion
Each year, students receive specific training by the Management School Careers Team, to prepare them for the graduate labour market. In the first year the focus is on growing the student’s awareness of labour market dynamics and his or her professional aspirations and inclinations. The second year focuses on goal setting, action planning, and developing a personalised career plan. The third year focuses on one-to-one sessions with career advisors. The Career Team is based in the Management School, organises events with employers and alumni, and coaches students on how to best perform in the graduate job market through seminars, surgeries, mock interviews and one-to-one advice.
Optional
optional modules accordion
Behavioural Economics is the interface between economics and psychology. It is one of the fastest-growing fields in economics, and since the past decade, it is regarded as a standard tool for policymaking. The course will survey the empirical tools used by behavioural economists and in particular lab and field experiments. We will explore behavioural biases affecting economic and financial decision making, and the role of trust and cooperation in teamwork. We will discuss models and experimental results explaining how we make decisions in various contexts such as choice under uncertainty, intertemporal choice or decision making in a social framework.
This course equips students with the knowledge to apply corporate finance theory to real-world situations. It builds on and extends the concepts covered in the basic financial management courses and introduces advanced topics in Corporate Finance. The major topics covered include capital budgeting, capital structure, corporate valuation, real options, equity financing for startups, IPOs, leasing, short term financing, merger and acquisitions, and corporate governance
Current Issues in Economics is a course which is designed to familiarise you with contemporary policy issues. The broad curriculum and the range of issues that will be discussed include the crisis in social care, job retention schemes, the Great Resignation following Covid-19, Brexit, interest rate policy, government debt and the returns to education. During this course, you will prepare a number of reports on a selection of these topics. These will include contemporary data and analyses and will be accessible to policymakers and industry leaders. For one of these reports, you will also deliver a podcast or video log to enhance your verbal presentation skills. There is no formal examination for this module; assessment is via the reports and the video log/podcast.
This module introduces up-to-date knowledge and understanding of the quantitative analysis of economic data based on machine learning and big data methods. We will overview statistical learning and how to use statistical software R for adequate use of data visualisation and manipulation techniques.
Key topics include linear regression, classification, resampling methods (cross-validation and the Bootstrap), Ridge Regression and The Lasso, Tree-Based Methods (Decision Tree, Bootstrap Aggregation (Bagging) and Random Forests), Support Vector Machines, Deep Learning and Neural Networks.
This course focuses on the economics of growth and development, both from a theoretical and empirical perspective. Using examples from developing countries, it explores wide-ranging, policy-relevant topics such as investments in health, education and infrastructure, microeconomics of credit markets, corruption and other determinants of economic development.
The objective of this module is to offer a practical introduction to the workings of today’s financial markets and institutions built on a theoretical base. Moving beyond the descriptions and definitions provided by other textbooks and UK university courses in the field, this module encourages students to understand the connection between the theoretical concepts and their real-world applications.
Topics include foreign exchange, stock markets, bond markets, derivatives, central banks' monetary policy and financial crises. We also look at how trading in financial markets takes place. This module prepares students for successful careers in the financial services industry or successful interactions with financial institutions, whatever their future careers.
The module will provide you with an alternative gendered and socio-political insight into the importance of entrepreneur and employee diversity in an increasingly globalised world. The module takes an interactive and practical approach to classroom learning to help you develop skills to explore the impact of gender and diversity on models of business, including the sometimes controversial facts and fictions presented in the media, policy and everyday societal attitudes towards management and entrepreneurship across the world.
This applied module is an introduction to the economics of health and health care and will develop your awareness of the main policy issues in this field. It provides a comprehensive set of economic tools for critically appraising fundamental issues in the economics of health while offering a broad overview of the UK’s National Health Service and other health care systems around the world. The emphasis is on the use and interpretation of microeconomic models and the latest empirical evidence.
This module builds on basic microeconomics concepts to explore competition between firms and the evolution of market structure. It focuses on understanding the way firms make decisions and the effects of those decisions on market outcomes like prices, quantities, the type of products offered, and social welfare. The module first introduces basic concepts in Industrial Organisation to study imperfect competition and the determinants of market power. It then proceeds to analyse important topics in competition policy, such as cartels and merger policy.
The module requires an understanding of intermediate microeconomics (especially production/cost theory), basic concepts of game theory, and basic calculus.
This course provides an introduction to the economics of International Business and their key role in the global economy, incorporating the analysis of internationalising firms and multinational enterprises (MNE). Its conceptual foundations derive from the critical application of relevant economic theories and addresses policy issues highlighting the economic, strategic and financial challenges facing businesses that operate across international borders in a multiple exchange rate environment.
The course covers a range of important topics that facilitate a deeper understanding of the determinants and implications of the activities of international firms in the global economy. These topics include: global trends in research and development (R&D) and implications; the Global Factory, global value chains and the decline of the global firm; the growth and employment effects of international business; and exchange rates, risk and international financial management.
This module develops your understanding of concepts and theories of international trade and factor flows, with particular reference to the way in which such material can inform policymaking. Topics covered include the Ricardian model, the Heckscher-Ohlin model, international trade under imperfect competition, outsourcing and offshoring, trade models based on heterogeneous firms and multinational firms, and trade policy under perfect and imperfect competition. Throughout the module we emphasise the applicability of the models learned, and their relevance to real-world events. Examples include the relationship between labour productivity and wages, opinions toward free trade, and the impact of immigration.
Focusing on the microeconomics of labour and personnel, this module covers topics such as the economics of migration, wage determination, job search and labour market discrimination.
There is a particular emphasis on principal agent problems in human resources and the design of incentives within firms.
Economics theory is used to analyse the operation of labour markers and assess the empirical evidence. Areas covered include:
the firm's demand for labour
labour supply at an individual and aggregate level
causes of wage rigidity
the economic impact of trade unions
inflation and unemployment
Policymakers at Central Banks lie in a unique position to influence economic activity. This module examines the role of monetary policy in influencing the expectations and behaviour of agents in the economy and the implications this has for outcomes such as inflation, GDP and household welfare. Students will focus on applications of monetary theory to central banks problems and the recent objectives of the Bank of England Monetary Policy Committee. Topics include Central Bank independence, inflation targeting and the zero lower bound on interest rates, money creation and quantitative easing, and the macroeconomics of pandemics.
This module presents an overview of the interactions between the government, firms, and citizens, using a mix of theory and empirical work. Sometimes, markets are not efficient, and government intervention is necessary. Sometimes, markets are efficient, but equity concerns create the need for government. There is often a tension between the socially optimal policy and the outcome of the democratic process.
Some questions we study in this module:
What is the role of government in the economy?
Is it fair to redistribute money through taxation?
Are some taxes better than others?
How to deal with pollution, discriminations, and other inefficiencies of the market?
How to make multinational companies pay taxes?
Is there such a thing as an ideal voting system?
This module looks at how theoretical and empirical methods can be applied to the growing field of sports economics.
It helps you to understand the particular characteristics of labour and product markets in professional sports, and what implications these have for economic analysis. You will also learn more about how theoretical and empirical work in the economics of sport can be used to inform policy issues, including competitive structures in sports leagues, free agency and player mobility, and the financing of professional sport. You will also gain insights into how betting markets function and why people gamble on sports.
The key theme of this module is to learn how to negotiate and make sustainable business deals. Strategic negotiations are highly relevant in today’s interconnected business landscape. Companies need to negotiate with multiple stakeholders, such as suppliers, customers, agencies, governments and authorities to be able to access the resources that they need. A strategic deal that companies would need is not a fixed entity but rather the outcome of long and time-consuming negotiations that affect further negotiations.
The module will examine:
the strategic challenges that companies face in their markets today,
the analytical tools that are needed to make sustainable business deals,
the biases and errors in deal-making
the various ways by which business deals are manifested, and
the managerial implications of strategic negotiations.
Issues and problems in the complex world of management do not necessarily arise in a well-structured form. People often do not know what they want or what is possible. They may also disagree about what they are trying to achieve and the means for arriving at their goals. Much thinking needs to be done in order to define an appropriate framework within which a useful analysis or project can be carried out.
Various approaches have been developed in recent years to assist in this task, often referred to as problem-structuring methods (PSMs). These very practically oriented methodologies typically involve the management team to help facilitate the structuring of complex situations. They place emphasis on dialogue to think through strategic problems, identify the salient issues, formulate goals and negotiate action plans. This module introduces you to several PSMs and some of the process skills needed to use them.
Fees and funding
Our annual tuition fee is set for a 12-month session, starting in the October of your year of study.
There may be extra costs related to your course for items such as books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation, you may need to pay a subscription to a professional body for some chosen careers.
Specific additional costs for studying at Lancaster are listed below.
College fees
Lancaster is proud to be one of only a handful of UK universities to have a collegiate system. Every student belongs to a college, and all students pay a small college membership fee which supports the running of college events and activities. Students on some distance-learning courses are not liable to pay a college fee.
For students starting in 2025, the fee is £40 for undergraduates and research students and £15 for students on one-year courses.
Computer equipment and internet access
To support your studies, you will also require access to a computer, along with reliable internet access. You will be able to access a range of software and services from a Windows, Mac, Chromebook or Linux device. For certain degree programmes, you may need a specific device, or we may provide you with a laptop and appropriate software - details of which will be available on relevant programme pages. A dedicated IT support helpdesk is available in the event of any problems.
The University provides limited financial support to assist students who do not have the required IT equipment or broadband support in place.
Study abroad courses
In addition to travel and accommodation costs, while you are studying abroad, you will need to have a passport and, depending on the country, there may be other costs such as travel documents (e.g. VISA or work permit) and any tests and vaccines that are required at the time of travel. Some countries may require proof of funds.
Placement and industry year courses
In addition to possible commuting costs during your placement, you may need to buy clothing that is suitable for your workplace and you may have accommodation costs. Depending on the employer and your job, you may have other costs such as copies of personal documents required by your employer for example.
The fee that you pay will depend on whether you are considered to be a home or international student. Read more about how we assign your fee status.
Home fees are subject to annual review, and may be liable to rise each year in line with UK government policy. International fees (including EU) are reviewed annually and are not fixed for the duration of your studies. Read more about fees in subsequent years.
We will charge tuition fees to Home undergraduate students on full-year study abroad/work placements in line with the maximum amounts permitted by the Department for Education. The current maximum levels are:
Students studying abroad for a year: 15% of the standard tuition fee
Students taking a work placement for a year: 20% of the standard tuition fee
International students on full-year study abroad/work placements will be charged the same percentages as the standard International fee.
Please note that the maximum levels chargeable in future years may be subject to changes in Government policy.
Scholarships and bursaries
You will be automatically considered for our main scholarships and bursaries when you apply, so there's nothing extra that you need to do.
You may be eligible for the following funding opportunities, depending on your fee status:
Unfortunately no scholarships and bursaries match your selection, but there are more listed on scholarships and bursaries page.
Scheme
Based on
Amount
Based on {{item.eligibility_basis}}
Amount {{item.amount}}
We also have other, more specialised scholarships and bursaries - such as those for students from specific countries.
"During my A-levels, I fell in love with Economics. However, I wasn't keen on doing a pure Economics degree due to my very strong love-hate relationship with Mathematics and Calculus. Business Economics (Industry) offers a lot of flexibility in the modules I choose, making it well-tailored to my desires and interests."
Chelsey, BSc Business Economics (Industry) graduate
The information on this site relates primarily to 2025/2026 entry to the University and every effort has been taken to ensure the information is correct at the time of publication.
The University will use all reasonable effort to deliver the courses as described, but the University reserves the right to make changes to advertised courses. In exceptional circumstances that are beyond the University’s reasonable control (Force Majeure Events), we may need to amend the programmes and provision advertised. In this event, the University will take reasonable steps to minimise the disruption to your studies. If a course is withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to request that you are considered for an alternative course or withdraw your application. You are advised to revisit our website for up-to-date course information before you submit your application.
More information on limits to the University’s liability can be found in our legal information.
Our Students’ Charter
We believe in the importance of a strong and productive partnership between our students and staff. In order to ensure your time at Lancaster is a positive experience we have worked with the Students’ Union to articulate this relationship and the standards to which the University and its students aspire. View our Charter and other policies.
Our historic city is student-friendly and home to a diverse and welcoming community. Beyond the city you'll find a stunning coastline and the picturesque Lake District.