BSc (Hons) Industrial Economics with Insurance with Placement Year Bachelor's degree at the University of Nottingham
BSc (Hons) Industrial Economics with Insurance with Placement Year at University of Nottingham. The University of Nottingham, a Russell Group institution founded in 1881, offers this degree in English.
About this course
Our BSc Industrial Economics with Insurance bridges economics and risk, combining rigorous economic analysis with practical insights into firms and specialist knowledge of risk and insurance. From the provider’s course page.
BSc (Hons) Industrial Economics with Insurance with Placement Year is a Bachelor's degree (BSc (Hons)) at the University of Nottingham. It runs 4 years, studied full-time.
For Management studies graduates from this provider, 90% were in work or further study 15 months after graduating, 78% in highly skilled roles, typical earnings around £31,000. (HESA Graduate Outcomes / LEO, via Discover Uni.)
For the typical curriculum, specialisations, career paths and graduate earnings for Business & Management, see the sections below.
Course evidence score
The arithmetic mean of the official measures available for this course: NSS satisfaction, graduate activity and continuation.
Published threshold met NSS publication requires sufficient responses; small differences are not a rank. NSS mean of 7 published themes (Discover Uni snapshot 2026-06-21)
Moderate evidence Published sample: 70; avoid reading small differences as meaningful. Cohort 2022-23. Graduate Outcomes work or further study 90% (2022-23; Discover Uni snapshot 2026-06-21)
Published threshold met Discover Uni suppresses continuation data below its publication threshold. Cohort 2022-23. Continuation 90% (2022-23; Discover Uni snapshot 2026-06-21)
Curriculum & modules
Real modules published for this course, grouped only where the source gives a year, stage or level.
Year one 14 modules
- Entrepreneurial IngenuityCore
Module details
In this module, you'll explore the link between creativity and entrepreneurial action through both theoretical frameworks and practical applications. You'll delve into key entrepreneurial concepts while developing a hypothetical but feasible business idea deploying the Ingenuity Process.
- Introduction to EconomicsCore
Module details
This module introduces you to microeconomics and macroeconomics.
- Microeconomics for BusinessCore
Module details
Explore essential economic concepts for understanding market dynamics and decision-making. This module covers trade benefits, consumer theory, intertemporal consumption, factor markets, welfare economics and decision making in uncertain scenarios, providing a robust understanding of economic principles.
- Foundational Skills for Economic StudyCore
Module details
This module equips students with skills to succeed in the study of economics and beyond. With the help of examples and digital tools, students are introduced to the foundations of working with data, from understanding different data types and sources to visualising and interpreting data. The module fosters critical awareness of ethical issues in the production and use of data with questions about bias, transparency and sustainability.
- Quantitative Methods 1BCore
Module details
Develop your skills in mathematical and statistical techniques with topics like calculus, confidence intervals, hypothesis testing, partial differentiation, optimisation, probability, random variables and sampling distributions. This module equips you to tackle quantitative challenges in economics and business.
- Introduction to FinanceOptional
Module details
Understand the fundamental concepts of finance, including the relationship between investment risk and returns, the time value of money and calculating the present value of future cash flows. You'll cover project appraisal using net present value (NVP), portfolio theory, capital asset pricing model (CAPM) and estimating the cost of capital for equity and bonds.
- Business LawOptional
Module details
Ever wondered what rules keep companies running – or what happens when things go wrong? This module dives into the English legal system, introducing everything from contracts and workplace rights to the life of a business, from start up to winding up. You'll explore real-life issues, including situations of harm or loss, and discover how the legal system shapes the world of business.
- Introduction to Digital BusinessOptional
Module details
Dive into the world of computers and IT in business, with a special focus on spreadsheet modelling. Through lab-based assessments and case study group projects, you'll gain hands-on competence in using spreadsheets and understand the impact of computers and the internet, especially in small businesses.
- Consumer and Market RelationsOptional
Module details
This module will cover the ways in which marketing & consumption drive business and shape society. It will provide a historical perspective, consider marketing professions & leadership within organisational contexts, and examine contemporary environments for marketing & consumption. This module will pay particular attention to: Globalisation innovation (including the transformative force of new technologies) and ethical & sustainability issues
- Fundamentals of Financial and Management AccountingOptional
Module details
Understand key accounting concepts, the impact of accounting policy selection and the preparation of financial statements and budgets. This module covers double entry bookkeeping, cost concepts, allocation of manufacturing overheads, absorption and variable costing, cost-volume-profit analysis, budgeting and variance analysis.
- Operations and Supply Chain ManagementOptional
Module details
Learn to manage operations within and across organisations. This module explores the strategic role of operations in the digital economy, using case studies from current practice and linking operations management to environmental and societal challenges.
- Organisational BehaviourOptional
Module details
Discover the basic ideas of organisational behaviour and develop an understanding of managing and developing people within business organisations. This module draws on major theories of organisational psychology and behaviour, linking with general management and international business.
- Quantitative Methods 1AOptional
Module details
Get a solid foundation in essential mathematical concepts for economics and business. Topics include numbers, algebra, functions, equations, exponents, logarithms, descriptive statistics, differentiation, optimisation and integration, preparing you for further quantitative studies.
- Introduction to AccountingOptional
Module details
Get to grips with the basics of accounting and discover how financial information shapes business decisions. This module introduces both financial and management accounting, helping you understand costs, interpret financial statements and see how numbers influence strategy – even if you're not aiming to be an accountant.
Year two 7 modules
- Industrial Economics I: The Theory of the Firm Market StructureCore
Module details
The aim of the module is to introduce you to the theoretical building blocks for the economic analysis of organisations and innovation from a variety of perspectives, as well as the application of theories toward understanding issues in the subject areas, covering topics such as organisational architecture, reward systems, performance measurement, various types of innovation, intellectual property and standards, economics of networks, innovation clusters and policy-related issues etc.
- Industrial Economics II: Games, Strategy CompetitionCore
Module details
The aim of the module is to introduce you to industrial economics. The module coves two broad topics: The traditional market models (monopoly, oligopoly, decisions under uncertainty) Auctions
- Quantitative Methods 2ACore
Module details
Advance your knowledge in maths and statistics with topics like linear algebra, constrained optimisation, difference equations and hypothesis testing. This module develops key mathematical and statistical techniques and their application to problems and data, preparing you for further study in quantitative methods for business and economics.
- Introductory EconometricsCore
Module details
Be introduced to the theory and practice of quantitative economic modelling. This module covers the classical regression model and its extensions, supplemented by computer-based practical examples of modelling and data analysis, providing a foundation in applied econometric modelling.
- Firm Strategy and InternationalisationCore
Module details
Understand the economic view of firms and the implications for their decisions in closed and open economies. This module covers topics such as agency theory, transaction cost economics, integration, international trade and foreign direct investment, providing insights into the strategic decisions of firms in different economic contexts.
- Risk Management DecisionsCore
Module details
Explore different aspects of corporate risk and how it affects stakeholders. This module covers qualitative and quantitative models of risk management decisions, understanding the risk-creation process and analysing value-creating risk management decisions for individuals and corporate stakeholders.
- Insurance in a Risky WorldCore
Module details
Understand how insurance markets operate to satisfy the demand for protection against risk. This module covers private and social insurance, the historical development of insurance, property/liability insurance, life, health, and pensions insurance, the supply of insurance, the role of insurance in the economy and international aspects of insurance.
Source: provider course page. Modules can change; required/optional status, credits, descriptions and assessment are shown only when explicitly published.
Course in depth
What this course covers, who it suits and where it leads.
What you'll study
This course bridges economics and risk, combining rigorous economic analysis with practical insights into firms and specialist knowledge of risk and insurance. You'll usually begin with foundations in how firms work, marketing principles, and business economics with data skills. In Year 2, a typical progression covers operations and supply chain management, organisational behaviour and human resource management, and strategy. From Year 3 onwards, you'll move into specialist options such as entrepreneurship, international business, digital business, consulting, marketing, or people and HR. Throughout, you integrate economic analysis with insurance-specific understanding, typically culminating in a capstone project or consultancy brief that draws together your learning across the degree.
Who it's for
This course suits students with A-levels or equivalent qualifications. Among accepted students, 90% held A-levels or equivalent, with a typical UCAS tariff of 128–143 points. The degree is nationally recognised as a UK degree-awarding body qualification.
University & format
This is a full-time Bachelor's degree (BSc Honours) taught in English at the University of Nottingham, a Russell Group public university founded in 1881. The course runs for 4 years, including a placement year. The degree is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and by the Chartered Insurance Institute (CII) for exemptions from professional examinations. Nottingham holds Silver in the Office for Students' Teaching Excellence Framework (2023) and is.
Student satisfaction
How students on this course answered the National Student Survey, by theme.
Share of students responding positively.
Published threshold met NSS publication requires sufficient responses; small differences are not a rank. NSS mean of 7 published themes (Discover Uni snapshot 2026-06-21)
Applicant information
The next application dates for this course, followed by facts the provider publishes.
- 2027 entryCompleted applications can be submitted
Your application needs a reference before you can send it.
- 2026 entryFinal date for 2026 applications
Applications must reach UCAS by 18:00 UK time.
- 2026 entryLast day to add a Clearing choice
Check that this course still has a vacancy before adding it.
- 2027 entryEqual-consideration deadline
18:00 UK time for most undergraduate courses.
Show 5 later dates
- 2027 entryUCAS Extra opens
Applicants who used all five choices and hold no offer may be able to add another choice.
- 2027 entryLast day applications go directly to providers
Applications received after 18:00 UK time are entered into Clearing.
- 2027 entryClearing opens
Eligible applicants can see vacancies and release themselves into Clearing.
- 2027 entryFinal date for 2027 applications
Applications must reach UCAS by 18:00 UK time.
- 2027 entryLast day to add a Clearing choice
Check that this course still has a vacancy before adding it.
Provider-published requirement; check the linked course page before applying.
The provider publishes contextual-offer information. Eligibility and any reduced offer are applicant-specific.
Names detected beside accreditation or recognition copy on the provider course page; verify the route and intake.
With placement. Availability, selection and pay can vary.
See and book current events. Dates can fill or change.
Entry & how to get in
Who gets in
What recently admitted students actually held, official admissions data, not a stated requirement.
UCAS tariff of entrants
Grades are the A-level equivalent of each points band. Tap a band to check your own chances below.
Qualifications held on entry
| Qualification | Share |
|---|---|
| A-levels or equivalent | 90% |
| a Baccalaureate | 10% |
Entry & your chances
An honest read from the official entry data, plus your personal match.
Entry is set by the university and based on your offer. Use your predicted grades to see how you compare, then check the university's stated requirements.
Will you get in? Plot your grades
Pick your predicted A-levels and watch your UCAS points land on the real spread of students admitted to this course.
Each bar is the share of admitted students in that UCAS-points band (lower → higher). Grades show the A-level equivalent.
Based on the official admitted-student tariff distribution. Many universities make contextual (reduced-grade) offers, so a result below the range doesn’t rule you out.
How to apply
Undergraduate applications go through UCAS. Here’s what matters for this course, the right deadline, the grades to aim for, and the steps in order.
- 1Register on UCAS Hub
Create your UCAS application and add this course (code L1N3). One application covers up to five choices.
- 2Write your personal statement
A single statement covers all your choices, so keep it broad enough for similar courses while showing genuine interest in this subject.
- 3Submit by 13 January 2027, 18:00 UK time
UCAS equal-consideration deadline for most undergraduate courses. Source: UCAS 2027 dates.
- 4Reply to your offers
When decisions are in, pick a firm (first) choice and an insurance (back-up) choice with slightly lower grades.
- 5Results day & confirmation
On results day (mid-August) your place is confirmed if you meet the offer. Just missed? Talk to the university, or find a place through Clearing.
Fees & funding
What this course costs and how UK student finance covers it.
Tuition per year
Provider fee page (England 2026/27 cap where not stated).
Check fees at University of Nottingham →For students who normally live in England
2026/27 Student Finance England figures. Maintenance support is means-tested and this two-point view is not an entitlement calculator. The course total uses its published length and home fee where both are available; a missing full-time fee uses the clearly labelled England-cap scenario, while part-time fees and unknown lengths are never guessed. Use the official calculator. Scotland, Wales and Northern Ireland use separate systems: SAAS, Student Finance Wales, and Student Finance NI.
Starting on or after 1 January 2027?
The Lifelong Learning Entitlement is a separate system. A new learner’s tuition entitlement is currently stated as £39,160 (about 480 credits at 2026/27 fee levels), subject to prior study and eligibility. Check the official LLE guide.
Paying for it
- Tuition Fee Loan: can cover eligible tuition up to the applicable limit and is paid straight to the provider.
- Maintenance Loan: up to £10,830/yr away from home outside London (England, 2026/27), means-tested on household income.
- Repayment: 9% of income above £25,000, nothing below it; written off after 40 years.
- Earn alongside: most students work part-time in term, part-time roles on the StudySmarter job board.
England figures shown; Scotland, Wales & NI run their own schemes, check gov.uk.
Scholarships & bursaries you could qualify for
That does not mean no funding exists. Check the university directory for current amounts, eligibility and application dates.
We only display a named award when its provider source identifies the award and who it is for.
Still deciding what to study?
StudyKit brings course choice, applications and funding together in one place, with a personal AI assistant. Find what really fits you and start your UCAS application step by step.
Careers & earnings
What Business & Management graduates actually earn, from real outcome data, 15 months, 3 years and 5 years after graduating.
Graduate earnings: this course
| When | Median | Typical range | Graduates |
|---|---|---|---|
| 15 months after | £31,000 | £26,000 – £35,000 | 70 |
| 3 years after | £33,500 | £27,500 – £43,000 | 310 |
| 5 years after | £48,500 | £36,500 – £62,000 | 325 |
Nominal earnings for graduates of this course/subject at this provider. Moderate evidence. Published sample: 70; avoid reading small differences as meaningful. Cohort 2022-23.
Graduate outcomes, 15 months on: this course
- 1Graduate / AnalystOn a scheme or first role · 0–2 yrs
- 2Specialist / ManagerOwning an area, marketing, finance, ops · 2–5 yrs
- 3Senior / Head ofLeading a function and a team · 5–10 yrs
- 4Director / FounderRunning a business unit or your own company · 10+ yrs
How pay grows: this course vs Business & Management nationally
National figures for Business & Management graduates, HESA Graduate Outcomes (15 months) and the Longitudinal Education Outcomes (LEO) dataset (3 & 5 years). These are national, not university-specific; actual pay varies by employer, region, role and experience. Different cohorts, so the bars are not one group over time.
Work out your pay
Headline figures hide a lot. Calculate realistic take-home pay for this field by role, region and experience, then check your CV before you apply.
What happened to 100 students?
Choose an outcome to translate the published percentage into a simple 100-person view. Each dot represents one percentage point, not an individual tracked student.
were in work or further study
15 months after graduation
Source: Discover Uni, using Graduate Outcomes and continuation data. Cohorts: 2022-23. Moderate evidence. Published sample: 70; avoid reading small differences as meaningful. Cohort 2022-23. Each tab is a separate published measure; categories can overlap and should not be added together.
Value compared with similar courses
How this course’s 5-year median earnings compare with Business & Management courses at the same study level.
Compared with 3,421 courses with compatible official earnings data. This is a course-value comparison, not a quality ranking.
UK occupations graduates enter
Published graduate destinations, joined conservatively to UK SOC 2020, ONS pay and Skills England demand.
- Business and public service associate professionalsSOC 2020 35 · 34% of published destinations · ASHE median £38,760
- Finance ProfessionalsSOC 2020 242 · 26% of published destinations · ASHE median £47,173
Discover Uni JOBLIST/JOBTYPE; ONS ASHE 2025 provisional, all employee jobs; Skills England Occupations in Demand 2025. SOC is shown only for an exact normalised label match; demand is shown only at exact four-digit SOC. Published sample: 295; response rate: 52%. Pay describes the occupation across workers, not a guaranteed graduate salary.
Job market & outlook
How Business & Management graduates fare in the labour market, and how AI is reshaping the work.
How AI is changing the work
AI doesn't replace the profession, it shifts it: routine tasks get automated, while judgement, working with people and using AI well become more valuable.
What AI takes off your plate
- Routine reporting and data pulls
- First-draft decks and copy
- Standard forecasts and reconciliations
- Scheduling and admin workflows
More human than ever
- Strategy and judgement under uncertainty
- Leading, negotiating and selling
- Sense-checking and owning what AI produces
- Relationships with clients and teams
The strongest graduates pair subject depth with the ability to use AI tools critically.
Roles & employers
Where Business & Management graduates typically go, indicative destinations from graduate career data. Each role links to live openings on the StudySmarter job board.
Roles graduates go into
Where they work
- Consultancies
- Corporate graduate schemes
- Retail & FMCG
- Startups & scale-ups
Jobs after this course
Current roles from the StudySmarter job board that suit Business & Management graduates.
Business Director, Marketing ScienceXcedeBusiness ManagerLGPS CentralBusiness Change ManagerIGA Talent SolutionsBusiness Case ManagerPeregrineBusiness DirectorMedialab GroupBusiness Rates SurveyorW TalentIs this course right for you?
The essentials UK applicants ask about: finance, outcomes, entry and quality.
Student finance
For comparison, the standard full-time England tuition cap is up to £9,790 per year in 2026/27; the actual fee varies by course and provider. If you normally live in England, eligible students can apply for a Tuition Fee Loan, plus a Maintenance Loan for living costs. Under Plan 5 you repay 9% of income above £25,000, nothing below that, and the balance is written off after 40 years.
Where graduates go
90% were in work or further study 15 months after graduating, with a median salary of £31,000. See the full breakdown in Careers & earnings above.
Your entry chances
Use the UCAS points calculator above to see how your predicted grades compare with admitted students, and whether a contextual offer could apply.
Official-data snapshot
Averaging the official measures published for it, this course scores 8.7 out of 10: NSS 82.1% · in work or study 90% · continued 90%.
Who studies here and in this subject?
Provider- and UK subject-level context.
University of Nottingham
Business and management across the UK
HESA student record 2024/25. Counts are rounded.
Local crime-data context
A neutral snapshot around the published teaching location.
Around The University of Nottingham
844 street-level reports returned within roughly one mile across 2026-04 to 2026-06.
Police.uk street-level API. Approximate locations, not confined to campus. England, Wales and Northern Ireland; not Scotland.
Is Business & Management right for you?
Tick what applies to you and see how good a fit it is.
International students
What applying to University of Nottingham from outside the UK involves: fees, English, visa, funding and living costs.
Tuition fees
International tuition is £33,878 / year for this course (from the provider’s fee page). You’re not eligible for UK Tuition Fee or Maintenance Loans, so plan for fees plus living costs upfront.
English language
Most UK undergraduate courses ask for around IELTS 6.0–6.5 (no band below 5.5–6.0), or an accepted equivalent. If you’re just short, most universities run a pre-sessional English course that counts towards the requirement.
Student visa
You’ll usually need a Student visa (Student Route). After you accept an offer the university issues a CAS; you then show funds for fees plus about £1,023–£1,334/month living costs and pay the Immigration Health Surcharge for NHS access.
Scholarships & funding
Many universities offer international/global scholarships (often £2,000–£6,000/yr), check University of Nottingham’s funding pages.
Living costs
Budget roughly £1,100–£1,400/month outside London and £1,400–£1,800/month in London for rent, food and travel; the figure also matters for your visa.
Working while you study
A Student visa usually allows up to 20 hours/week in term time and full-time in holidays, useful alongside study, though not something to rely on for fees.
Visa rules and fees change. Always confirm the current requirements with University of Nottingham and gov.uk before you apply.
Related courses
More at University of Nottingham
Business & Management at other universities
Common questions
How competitive is entry?
What are the entry requirements?
What do graduates go on to do?
What will it cost me?
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