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Management, Mathematics and Economics

Course overview

(BSc) Bachelor of Science
Management, Mathematics and Economics
University of Essex
University of Essex
Mathematical Sciences
Colchester Campus
Honours Degree
Mathematics, Statistics and Operational Research

External Examiners

Dr Tania Clare Dunning
The University of Kent
Reader in Applied Mathematics

External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment. External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course. They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards. External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.

eNROL, the module enrolment system, is now open until Monday 21 October 2019 8:59AM, for students wishing to make changes to their module options.


Core You must take this module You must pass this module. No failure can be permitted.
Core with Options You can choose which module to study
Compulsory You must take this module There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Compulsory with Options You can choose which module to study
Optional You can choose which module to study

Year 1 - 2019/20

Component Number Module Code Module Title Status Credits
01 BE100-4-FY Introduction to Accounting Compulsory 30
02 BE400-4-FY Introduction to Management and Marketing Core 30
03 EC111-4-FY Introduction to Economics Core 30
04 MA108-4-SP Statistics I Core 15
05 MA114-4-AU Linear Mathematics Core 15
06 MA199-4-FY Mathematics Careers and Employability Compulsory 0

Year 2 - 2020/21

Component Number Module Code Module Title Status Credits
01 BE410-5-AU Organisational Behaviour Compulsory 15
02 BE310-5-SP Introduction to Quantitative Management Compulsory 15
03 BE431-5-SP Business Strategy Compulsory 15
04 EC202-5-FY Microeconomics (Intermediate) Compulsory 30
05 MA207-5-AU Statistics II Compulsory 15
06 MA205-5-SP Optimisation (Linear Programming) Compulsory 15
07 EBS option from list Optional 15
08 MA199-5-FY Mathematics Careers and Employability Compulsory 0

Year 3 - 2021/22

Component Number Module Code Module Title Status Credits
01 BE930-6-AU Business Research Methods and Skills Compulsory 15
02 BE433-6-AU Human Resource Management Compulsory 15
03 Option from list Optional 15
04 MA311-6-SP Mathematics of Portfolios Compulsory 15
05 2nd or final year Economics option from list Optional 15
06 Final year Economics option from list Optional 15
07 MA831-6-FY or MA830-6-SP plus one option from list Compulsory with Options 30
08 MA199-6-FY Mathematics Careers and Employability Compulsory 0

Exit awards

A module is given one of the following statuses: 'core' – meaning it must be taken and passed; 'compulsory' – meaning it must be taken; or 'optional' – meaning that students can choose the module from a designated list. The rules of assessment may allow for limited condonement of fails in 'compulsory' or 'optional' modules, but 'core' modules cannot be failed. The status of the module may be different in any exit awards which are available for the course. Exam Boards will consider students' eligibility for an exit award if they fail the main award or do not complete their studies.

Programme aims

BSc Management, Mathematics and Economics is a 3-year programme of study.
Its teaching aims are:
To enable students to acquire a broad understanding of management, mathematics and economics.
To equip students with the knowledge and skills of management and economics that are currently in demand in business, commerce, industry, government service, the field of education and in the wider economy, with particular reference to mathematical skills.
To provide students with an academic training in the fundamentals of economics and management.
To equip students with the tools and methods needed to solve theoretical or applied problems.
To foster in students an appreciation of the appropriate level of abstraction and simplification needed to explore a range of issues.
To provide teaching which is informed and enhanced by the research activities of the staff.
To develop in students the ability to construct logical arguments and to communicate arguments clearly in writing.
To provide students with a foundation for further study.
To produce graduates who are mathematically literate and capable of producing a logical argument.
To encourage in students the acquisition of autonomous study skills and the adoption of an investigative approach to tackling problems to ensure their continuing professional development.
To allow students to acquire critical, analytical and research skills, problem-solving skills, and transferable skills.
To provide students with a foundation for further studies.

Learning outcomes and learning, teaching and assessment methods

On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:

A: Knowledge and understanding

A1 Knowledge and understanding of the basic mathematical methods and techniques of linear mathematics, calculus and statistics that underpin the study of more advanced mathematical ideas.
A2 One or more current areas of research in Mathematics and Finance, including an awareness of the development of these areas of research.
A3 Knowledge and understanding of computer programming and mathematical computer packages, and experience in their use.
A4 Knowledge and understanding of the use of mathematics for modelling, and as an investigative tool for the solution of practical problems.
A5 Knowledge and understanding at an introductory level of central areas of mathematics, statistics and operational research and other modelling processes, and of applications to economics and management.
A6 Knowledge of the fundamental principles of economics.
A7 Awareness of the sources of information.
A8 Understanding of the nature and process of management and the theory that explains the management process.
A9 Fundamental accounting concepts and principles.
Learning Methods: Lectures are the principal method of delivery for the concepts and principles involved in A1-A10.
Students are also directed to reading from textbooks, academic journal papers and material available online.
Understanding is reinforced by means of classes (A1-A7, A10).
Laboratories (A3, A4, A5) and essays and assignments (A1-A10).
Assessment Methods: Achievement of knowledge outcomes is assessed through unseen closed-book examinations (A1-A9), and also, in some modules, through marked assignments (A6-A9) and tests (A1-A9), term papers (A6-A9) and project reports.
Regular problem sheets provide formative assessment in mathematics.

B: Intellectual and cognitive skills

B1 Analyse a specified problem and choose the most suitable methods and tools for its solution.
B2 Assess the relative merits of a range of theories, techniques and tools needed for a problem's solution or to articulate arguments and policies.
B3 Synthesise and interpret information from a range of sources (lectures, classes, journals, books, etc.) developing a critical evaluation of the importance and relevance of the sources to an area of study.
B4 Construct reasoned, informed and concise descriptions and assessments of ideas in economics and management science.
Learning Methods: The basis for intellectual skills is provided in lectures, and the skills are developed by means of recommended reading, guided and independent study, and assignments Outcome B1 is developed particularly in exercises designed for core economic theory, mathematics, accountancy, management and quantitative methods classes.
Students’‘ acquisition of intellectual and cognitive skills, B1-B4, is enabled primarily through lectures and further sustained via classes.
Outcomes B2-B4 are key elements in students’‘ preparation for assignments.
Supervision and guidance for term paper study are especially important in providing opportunities for students to acquire B2-B4.
Assessment Methods: Achievement of intellectual/cognitive skills is assessed through marked assignments (especially B1 and B3), tests (especially B1), term papers (especially B2 - B4), and unseen closed-book examinations (especially B1, B2 and B4).

C: Practical skills

C1 Use computational tools and packages.
C2 The ability to apply a rigorous, analytic, highly numerate approach to a problem.
C3 Identify, select and gather information, using the relevant sources.
C4 Take notes and organise ideas in a systematic way.
C5 Present economic, accounting and management ideas and arguments coherently in writing.
C6 Use and apply terminology and concepts appropriate to the field of study.
Learning Methods: The practical skills of mathematics are developed in exercise classes, laboratory classes, assignments and project work.
C1 is acquired through the learning of at least one programming language and the use of a number of computer packages, as a part of the teaching of modules for which they are relevant.
C2 is acquired and enhanced throughout the programme.
C3 is developed via directed reading from textbooks and academic journal articles together with searches for online materials.
C4 is acquired during lectures and classes, and as a consequence of studying module materials.
C5 is articulated in the preparation of assignments and term papers.
C6 is developed in classes and is emphasised in the preparation of assignments and term papers.
Assessment Methods: Achievement of practical skills C1-C3, C5-C6 is assessed directly through marked assignments, tests, term papers and unseen closed-book examinations.
Skill C4 is assessed indirectly via assignments, term papers, projects and final examinations.

D: Key skills

D1 Communicate effectively both mathematical arguments and textual accounts of ideas, evidence and critical assessment in mathematics, accounting, management and economics.
D2 Use appropriate IT facilities as a tool in the analysis of mathematical problems and data.
D3 Use mathematical techniques correctly; apply them to construct models and analyse data statistically.
D4 Analyse complex problems and find effective solutions.
D5 Capacity to organise and implement a plan of independent study.
Learning Methods: Students are guided in lectures, classes and individual advice from teachers in acquiring skills D1-D4, D6.
D1 is practised throughout the scheme in the writing of solutions to mathematical problems, both for assessment and as exercises.
D1 and D2 are developed in group and individual project work.
D2 is developed through the use of computer packages.
Skills D3 and D4 are reinforced through the quantitative methods sequence of modules and the mathematics element in the programme, where they are developed in exercises and assignments throughout the scheme.
D5 is developed through homework assignments in mathematics, and is enhanced as students reflect upon the knowledge they need when researching term papers projects.
Only minimal formally assessed requirements for the completion of the programme are listed here.
In reality, the overwhelming majority of management, economics and mathematics students acquire a much broader range of key skills, and at greater depth, in ways that are integrated seamlessly throughout their studies of the subject.
Assessment Methods: D1 and D4 are assessed through marked assignments, tests, term papers, projects and unseen closed-book examinations.
D2 is assessed primarily through coursework.
Assessment of the key skills D3 and D4 is intrinsic to subject based assessment.
Skill D3 is assessed particularly through tests and unseen closed-book examinations.
Skill D5 is assessed indirectly through students' capacity to construct submitted work and their study plans for unseen tests and examinations.


The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

Should you have any questions about programme specifications, please contact Course Records, Quality and Academic Development; email: