BSc Economics

Duration

3 year

Awarding Body

University of London

Academic Direction

LSE, UCL, Queen Mary University of London, SOAS University of London and King's College London

Delivery

Full-time/Physical

Intake

March/July/Sep

Programe Overview

The BSc Mathematics and Economics programme at RIC blends mathematical rigour with economic theory, preparing students for analytical roles in various industries. You’ll study units like Mathematical Statistics, Microeconomics, Macroeconomics, and Abstract Mathematics, gaining essential quantitative and analytical skills.

Who...

Dummy…

Entry Requirements

  • Applicant must hold at least 5 A – C grades at Ordinary Level, and 3 A – E grades at Advanced Level or equivalent
  • This should include Ordinary Level Mathematics grade C or equivalent
  • Pass the internal Admission Test and interview

Programe Structure & Course Modules

First Year Course Units

  • EC1002 Introduction to Economics
  • MT1173 Linear Algebra
  • MT1174 Calculus
  • ST1215 Introduction to Mathematical Statistics

Second Year Course Units

  • MT2176 Further Calculus (15 credits) AND MT2175 Further Linear Algebra (15 credits)
  • EC2065 Macroeconomics
  • EC2066 Microeconomics
  • MT2116 Abstract Mathematics

Third Year Course Units

  • EC2020 Elements of Econometrics
  • Any 300 level MT or ST course (or two 15-credit courses) from Recommended optional courses
  • Any 300 level EC course from Recommended optional courses
  • Any 300 level EC, MT or ST course or EM3000 from Recommended optional courses

Recommended optional courses

  • ST3188 Statistical Methods for Market Research
  • EC3016 International Economics
  • EC3115 Monetary Economics
  • EC3120 Mathematical Economics
  • EM3000 Dissertation

Graduate entry route comprises 9 full courses (or equivalent)

Career Opportunities

  • Data scientist/Data engineer/ Data analyst
  • Artificial Intelligence application developer
  • Algorithm specialist
  • Big data engineer
  • Machine learning scientist/ Machine learning engineer
  • Business intelligence developer
  • Research scientist
  • Security analyst

*This list is non-exhaustive

FAQ

What is the ranking of the University of London (UoL)?

Since the University of London is a consortium – as association of many Universities, you need to look at the rankings of individual universities if you are looking for the ranking of UoL. The rankings for each of the Universities provide a good measure of the kind of degree you are embarking upon, its recognistion, capabilities of graduates and alumni as well as the up-to-date curriculum etc.

 

If the student has a Bachelor’s Degree from a recognised university (acceptable to UoL), one year exemption is given, that is, 3 modules are exempted as follows: 

  • UoL encourages Graduate Entry students to pace themselves when following this route – ideally 3 years (3 modules per year = 9 modules). 
  • A two-year pathway is retained for GE students who pass all four modules in their first year of study and at the first attempt in the May/June assessments. In case a student fails at least one module in their first attempt. the degree gets extended to 3 years. 
 
No exemptions are currently provided for any other professional qualifications other than for a bachelor’s degree in any field.

Changes to the vocational stage of training for solicitors and barristers have been introduced. The following websites should be consulted for updates: The Law Society – https://www.lawsociety.org.uk/career-advice/becoming-a-solicitor/

Solicitors Regulations Authority – https://www.sra.org.uk/

You will find most of the details in the RIC website, the RIC prospectus as well as in the prospectus of the University of London as well:

You need to complete the examinations that will be held by the Sri Lanka Law College. Further information can be found in this Gazette Notification found in the Sri Lanka Law College website. If you need further clarifications, you can contact the Chief Academic Coordinator – LLB at RIC. ([email protected]) 

Sri Lanka Law College – http://www.sllc.ac.lk/ 
Programme Overview

The International Foundation Diploma for Higher Education Studies (L3IFDHES) is an Ofqual and Qualification in Wales (QiW) – regulated qualification designed to prepare students for entry into undergraduate degree programs, after O/Ls. Offered by NCC Education, this diploma provides students with essential academic and English language skills necessary for success in higher education. The programme is widely recognised by universities worldwide and serves as a direct pathway to degree studies in various disciplines.

Who is this Programme for

  • A GCSE/IGCSE ‘O’ Level or an equivalent qualification in your home country, with passes in at least five subjects (minimum grade ‘C’ or equivalent), including Mathematics and English.
  • An IELTS score of 4.5 or above.

OR

  • Students can take the free NCC Education Standard English Placement Test administered by us.

*This requirement does not apply to students who have completed English Language as a subject in Pearson Edexcel IGCSE or Cambridge IGCSE and have achieved a minimum grade of C or above.

The NCC foundation programme is a Level 3 qualification (A/L equivalent) with a total credit value of 120. Students engage in core academic skill development, subject-specific learning, and English language enhancement.

Core Units

  • Developing English Language Skills (20 credits)

  • English for Academic Purposes (30 credits)

  • Research and Study Skills for University Study (20 credits)

  • Mathematics for University Study (10 credits)

Streams we offer:

Engineering

  • Physics for University Study (20 credits)

  • Further Mathematics for University Study (20 credits)

Life and Environmental Sciences

  • Chemistry for University Study (20 credits)

  • Biology for University Study (20 credits)

Business or Law

  • Introductory Economics (20 credits)

  • International Business (20 credits)

Information Technology

  • Introduction to Programming with Python (20 credits)

  • Introduction to Computer Science (10 credits)

  • Digital World (10 credits)

Upon completion of the UK Foundation programme, students gain access to a wide range of undergraduate programs worldwide. Many universities offer direct entry into the first year of a degree in disciplines such as:
  • Business & Management
  • Economics & Finance
  • Computing & IT
  • Engineering & Science
  • Psychology
  • Law & International Relations
  • Health Sciences
This includes entry into our University of London EMFSS, Laws, and Psychology programmes, as well as the Deakin pathway programme at RIC.

The NCC foundation programme is recognised by universities in the UK, Australia, Canada, China, Singapore, New Zealand, the USA, and beyond. Students can enrol in international university branch campuses and continue their studies globally.

 
  • London School of Economics (LSE) (United Kingdom) – Ranked 6th in the world for Social Science and Management*

  • King’s College London (United Kingdom) – Ranked 9th in the world for Psychology

  • University of Nottingham (United Kingdom) – Ranked 86th globally*

  • University of Sheffield (United Kingdom) – Ranked 96th globally*

  • University of York (United Kingdom) – Ranked 78th globally*

  • Deakin University (Australia)*** – Ranked in the top 200 globally*

  • Curtin University – (Australia, Malaysia, Dubai, Mauritius, Singapore) – Ranked 95th globally*

  • University of Queensland (Australia) – Ranked 41st globally*

  • University of Western Australia (Australia) – Ranked 72nd globally*

  • University of Hong Kong (Hong Kong) – Ranked 17th globally*

  • and many more Universities…

     
*According to the QS World University Rankings 2025
According to the Times Higher Education World University Rankings by Subject 2025

***Through the pathway at RIC

 

FAQs