Industrial Economics with Insurance with a Placement Year Bachelor of Science (with Honours) - BSc (Hons)

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).