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Industrial Economics with Insurance with a Placement Year

  • Bachelor of Science (with Honours)
  • 4 Years
  • Full-Time
  • 20 September 2027
  • Undergraduate
Nottingham
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Course options

2026-20272027-2028
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Course summary

How do businesses stay competitive in fast-moving markets? Why do some firms dominate their industries while others fail? Why is insurance central to global trade, finance, and business resilience? How do firms balance innovation with financial security?

Our BSc Industrial Economics with Insurance with Placement Year bridges economics and risk, combining rigorous economic analysis with specialist knowledge of risk and insurance. You’ll explore how firms make decisions under uncertainty, how insurance markets work, and how risk is managed across industries and economies.

By undertaking a placement year, you’ll gain practical experience in a professional environment, helping you build skills, confidence, and industry connections.

Alongside your placement year, you can broaden your experience through optional study abroad opportunities at the university's campuses in China or Malaysia, or our partner universities. This course is also available as a standard three-year degree.

Insurance is an essential and dynamic sector, underpinning everything from new technologies to climate adaptation. It plays a crucial role in enabling innovation, managing global risks, and supporting economic resilience.

With accreditation and professional exemptions from Chartered Insurance Institute (CII) qualifications, this degree not only provides strong analytical skills but also a head start for careers in insurance, finance, and risk management.

You can follow your interests and career aspirations by selecting from a wide range of optional modules alongside your core subjects.

By undertaking a Placement Year you will receive additional workshops in your first and second years, alongside professional advice from our dedicated Placements Team.

You will spend year three in industry applying your skills in real world business environments. You can apply for placements available to students on your course or can agree your own placement with an appropriate company.

During your placement year, you remain fully registered with the university, with regular meetings with our dedicated Placements Team.

Please note: In order to undertake an optional placement year, you will need to achieve the relevant academic requirements as set by the university and meet any requirements specified by the placement host. There is no guarantee that you will be able to undertake a placement as part of your course

You will graduate with all the knowledge, practical skills and confidence you need to stand out to employers as you start your career.

Course highlights

  • The UK’s only dedicated Industrial Economics degree combines rigorous economics training with a focus on how businesses operate, compete and specialist knowledge of insurance and risk.

  • Study in a prestigious ‘triple crown’ accredited Business School (EQUIS, AMBA, AACSB) with strong corporate links and flexible module choices in finance, marketing and business.

  • Benefit from a course accredited by the Chartered Insurance Institute (CII), giving you a head start towards professional qualifications.

Proven results

  • We’re a top 20 UK and top 100 world university (QS World University Rankings 2026).

  • 91.9% of industrial economics graduates secured graduate-level employment or further study within 15 months of graduation (HESA Graduate Outcomes 2022/23).

Modules

Course Modules

For detailed information about the modules you will study, please visit the course page: https://www.nottingham.ac.uk/studywithus/ugstudy/courses/UG/Industrial-Economics-with-Insurance-with-Placement-Year-BSc-Hons.html

https://www.nottingham.ac.uk/studywithus/ugstudy/courses/UG/Industrial-Economics-with-Insurance-with-Placement-Year-BSc-Hons.html

Assessment method

For detailed information about the course assessment methods please visit the course page: https://www.nottingham.ac.uk/studywithus/ugstudy/courses/UG/Industrial-Economics-with-Insurance-with-Placement-Year-BSc-Hons.html

Professional bodies

Professionally accredited courses provide industry-wide recognition of the quality of your qualification.

  • Chartered Insurance Institute
  • Institute of Chartered Accountants in England and Wales

Ways to study this course

Campuses

  • Nottingham

Study options

  • Bachelor of Science (with Honours) • Full-Time • Placement (mandatory) • 4 Years

Start dates

  • 20 September 2027

Apply by
13 January 2027

This is the equal consideration deadline. You can still apply after this date, but your application may not receive guaranteed consideration.

Application codes

Course code:
L1NF
Institution code:
N84
Campus name:
Nottingham
Points of Entry:
Year 1

University of Nottingham has participated in the Teaching Excellence Framework. These ratings were awarded in 2023, for four years.

See why these ratings were awarded
What does this TEF outcome mean?

How to apply

Apply by
13 January 2027

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Application codes

Course code:
L1NF
Institution code:
N84
Campus name:
Nottingham

Points of entry

The following entry points are available for this course:

  • Year 1

Entry requirements

Typical qualification requirements

A level
AAA

See below for GCSE and English requirements.

UCAS Tariff
Not accepted

Scottish Higher
AAABB

Must be combined with Scottish Advanced Highers.

See below for GCSE and English requirements.

Access to HE Diploma
Distinction: 36 Merit: 9

in any subject. See below for GCSE and English requirements.

Scottish Advanced Higher
AA

Must be combined with Scottish Highers.

See below for GCSE and English requirements.

Pearson BTEC Level 3 National Diploma (first teaching from September 2016)
D*D

in any subject combined with a GCE A Level.

See below for GCSE and English requirements.

International Baccalaureate Diploma Programme
Offer: 34

See below for GCSE and English requirements.

We will also accept 3 x Higher Level Certificates at 666

WJEC Level 3 Advanced Skills Baccalaureate Wales
A

Only accepted alongside A-Level grades BB

GCSE requirements - English Maths Grade C/4

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)
D*DD

In any subject. See below for GCSE and English requirements.

Pearson BTEC Level 3 National Extended Certificate (first teaching from September 2016)
D

in any subject combined with two GCE A Levels.

See below for GCSE and English requirements.

A Level requirements
All applications: Your qualification profile should not contain more than one qualification in the same subject area.

GCSE requirements
Home students: English Language or Literature grade 4 (alphabetic grade C), Mathematics grade 6 (alphabetic grade B)

If Maths condition not met:
C in A Level Maths/AS level Maths/Core Maths or Further Maths acceptable in lieu of GCSE Maths.

EU/International students: Mathematics grade 6 (alphabetic grade B), IELTS 6.5 overall, minimum 6.0 in any element or equivalent. Contact institution for more information.

Applicants to this course may be eligible for our Additional Qualifications Offer Reduction Scheme. If you achieve a grade A in an EPQ, Core Maths*, IB Extended Essay or additional AS level qualification* then you will receive a one grade reduced offer for this course.

Please note that if you qualify for an enhanced contextual offer or receive an alternative offer based on taking four A levels, your additional qualification will not be taken into consideration as we are unable to make any further adjustments to your offer.

  • Additional eligibility requirements apply. View further details on this scheme.
    https://www.nottingham.ac.uk/studywithus/ugstudy/articles/applying/entry-requirements.html

English language requirements

TestGradeAdditional details
IELTS (Academic)6.5(no less than 6.0 in any element) English language requirements As well as IELTS (listed above), we also accept other English language qualifications. This includes TOEFL iBT, Pearson PTE, GCSE, IB and O level English. Check our English language policies and equivalencies for further details. For presessional English or one-year foundation courses, you must take IELTS for UKVI to meet visa regulations. If you need support to meet the required level, you may be able to attend a Presessional English for Academic Purposes (PEAP) course. Our Centre for English Language Education is accredited by the British Council for the teaching of English in the UK. If you successfully complete your presessional course to the required level, you can then progress to your degree course. This means that you won't need to retake IELTS or equivalent.

Contextual admissions

Universities and colleges consider more than grades when assessing applications and may make offers based on a range of criteria. Learn more about contextual offers.

We consider applicants solely on the basis of their merits, abilities and potential – we use exam grades to prioritise applicants but look at a range of factors and aim to give everyone an equal opportunity to show their achievements.

We understand that background and personal circumstances can have an impact on academic performance at school or college. Applicants who are eligible under our contextual admissions policies may be considered for a reduced contextual offer.

Learn more on the University of Nottingham website

International entry requirements

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Historical entry grades data

This section shows the range of grades that students who received offers were previously accepted on to this course with (learn more).

It is designed to support your research but does not guarantee whether you will or won't get a place.

Admissions teams consider various factors, including interviews, subject requirements, and entrance tests. Check all course entry requirements for eligibility.

Not enough data available

We are unable to show previous accepted grades for this course. This could be because the course is new, it's a postgraduate course, there isn't enough historical data, or the provider has opted out of sharing their entry grades data for this course - learn more.

Fees and funding

Tuition fees

Per year tuition fees

LocationFeeYear
EU & InternationalTBC
England, Scotland, Wales, Northern Ireland, Channel Islands & Republic of Ireland£10050*

* This is a provisional fee and subject to change.

Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website.

Additional fee information

View undergraduate tuition fees for UK and international students: https://www.nottingham.ac.uk/fees/tuitionfees/202627/undergraduate.aspx

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