Programmes

Bachelor of Science (Honours) in Economics

Full-time

Programme Overview

Developed and awarded by University of London (UOL), UK. Lead College, London School of Economics and Political Science (LSE).

LSE is one of the foremost social science universities in the world. Since its foundation in 1895, it has acquired a worldwide reputation for the quality of its research – 50% of its research was rated world-leading and a further 37% internationally excellent in the most recent assessment of research quality in UK universities.

You will learn an approach to a logical analysis of social and individual decision-making. This degree is not recommended for students who are exempted from the first year of the degree unless they have completed the Certificate of Higher Education in Social Sciences from the University of London.


Course Start Date & End Date

Aug / Sep 2017 – Jun 2020 (FT)
Standard BSc inclusive of UOL Final Examination (3 years)

Fee

S$27,500 (est.) for 12 units / 3 years (BSc Standard route)

S$20,800 (est.) for 9 units / 2 years (BSc Graduate entry route)

Application Fee applies

For 2017, the Standard BSc programme fee is S$5,778 for four full courses per year. It excludes other fees payable to the University and the RELC Examinations Bureau.

All fees inclusive of prevailing GST

Scholarships & Awards

SIM GE scholarships available

Ming Lu

SIM is a good place for many great learning experiences. Make the best of your time to discover yourself and your passions.

Application

Applications for 2017 have closed. 

Applications for the 2018 intake will open in January 2018.

 


Events & Programme Briefings

  • Open House Programme Briefing - Business Degrees at SIM Global Education - An overview of different business degrees

    Come join us on Sat Sep 30 18:00:00 SGT 2017, Sat Sep 30 18:00:00 SGT 2017 - Sat Sep 30 19:00:00 SGT 2017, at SIM HQ, Clementi Road ...

    Join Now
  • Open House Programme Briefing - University of London, Undergraduate Programmes

    Come join us on Sat Sep 30 20:00:00 SGT 2017, Sat Sep 30 20:00:00 SGT 2017 - Sat Sep 30 21:00:00 SGT 2017, at SIM HQ, Clementi Road ...

    Join Now
  • Open House Programme Briefing - University of London, Undergraduate Programmes

    Come join us on Sat Sep 30 22:00:00 SGT 2017, Sat Sep 30 22:00:00 SGT 2017 - Sat Sep 30 23:00:00 SGT 2017, at SIM HQ, Clementi Road ...

    Join Now

Key to understanding economic forces and change

This programme is centred on the core of economic theory and the tools it requires. Essential Mathematical techniques such as calculus and statistics are covered at an early stage in the programme.

With a strong foundation in Economics, you hold the key to understanding economic forces and the changes they wrought. Economic forces drive the modern world, affecting the welfare and living conditions of whole communities and nations.

There is a demand for decision-makers and leaders who can develop and implement sound economic policies and practices for the good of society.

This programme is a useful preparation for a range of careers in academia, industry, finance or government.
 

Job Prospects

In the 2016 Graduate Employment Survey, it was found that 84% of graduates were employed within six months of the final examinations. Among them, 82% were working in jobs related to their course of study.

 

Teaching Faculty

Local faculty, with intensive workshops by UK academics.

Delivery Mode

Lectures, group discussions, workshops and online study.

Duration of each lesson is 3 hours.

Mode of Study

Full time classes are held in three-hour blocks between Monday and Saturday, starting at 8.30am, 12pm, or 3.30pm. There are occasional classes on weeknights at 7pm and on Sundays and public holidays. Classes for part-time programmes are held from 7pm to 10pm on weeknights or on Saturdays, with occasional classes on Sundays and public holidays. Local students may transfer between the part-time and full-time programme after a year, at the annual course enrolment exercise for continuing students.

Learning Support

  • Annual intensive revision from mid-March to end-April (lessons may be held in the evenings / weekends / public holidays).
  • Classes on study skills, academic writing and the Peer-Assisted Learning sessions.

Academic Materials

  • Virtual Learning Environment
  • SIMConnect portal
  • University materials such as subject guides, past exam papers and exam commentaries, reading lists and handbooks on good study strategies

Programme Calendar

Year 1 classes / Aug 2017 – Feb 2018 (local students)
Year 1 classes / Sep 2017 – Feb 2018 (international students)
Year 1 classes / Sep 2017 – Feb 2018 (with exemptions)
Year 2/3 classes / Sep 2017 – Feb 2018
SIM Preliminary Exams / Feb 2018
Revision /  Mar – Apr 2018
University Exams / May 2018
Results released / Mid-Aug 2018

Candidature Period

Minimum / Maximum period:
Standard BSc (Hons) (12 units) 3 years / 8 years
Graduate BSc (Hons) (9 units) 2 years / 8 years
The candidature period may be extended by the University on a case-by-case basis.

No refund or recourse should the student fail to complete within the maximum period.

At SIM, students who are academically weak and find it difficult to progress or complete the programme within the minimum duration will receive counselling.

SIM reserves the right to recommend and withdraw a student who cannot cope with the demands of the programme, especially when the student’s pass has expired.

Minimum Class Size

Minimum class size to commence: 25 students. Students will be informed within 30 days after the application period.

Curriculum

Standard Entry Route:

The minimum duration of this programme is 3 years. It has 12 full units:

100 units
1. # EC1002 Introduction to Economics
2. ST104A Statistics 1 (half unit) and **ST104B Statistics 2 (half unit)
3. MT105A Mathematics 1 (half unit) and **MT105B Mathematics 2 (half unit)
4. * One unit (or two half units) from Selection groups F(i).

200 and 300 units
5. ^EC2020 Elements of econometrics (EC1002) + (ST104A) + (MT105A or MT1174)
6.   EC2065 Macroeconomics (EC1002) + (MT105A or MT1174)
7.   EC2066 Microeconomics (EC1002) + (MT105A or MT1174)
8.   One 300 unit from Selection group E
9.   One 300 unit from Selection group E
10. One 300 unit from Selection group E
11. One 200 or 300 unit from Selection group E
12. *One 100, 200 or 300 unit (or two half units) from any of the Selection groups

Graduate Entry Route:

The minimum duration of this 9 full-unit programme is 2 years:

100 units
1. # EC1002 Introduction to Economics
2. ST104A Statistics 1 (half unit) and **ST104B Statistics 2 (half unit)
3. MT105A Mathematics 1 (half unit) and **MT105B Mathematics 2 (half unit)

200 and 300 units
4. ^EC2020 Elements of econometrics (EC1002) + (ST104A ) + (MT105A or MT1174)
5. EC2065 Macroeconomics (EC1002) + (MT105A or MT1174)
6. EC2066 Microeconomics (EC1002) + (MT105A or MT1174)
7. One 300 unit from Selection group E
8. One 300 unit from Selection group E
9. One 200 or 300 unit from Selection group E

Notes: 

A 100 half unit may not be paired with a 200 or 300 half unit.
* APL awarded from one named or unnamed 100 unit can be placed here.
** ST104B Statistics 2 must be taken after or at the same time as ST104A Statistics 1.
** MT105B Mathematics 2 must be taken after or at the same time as MT105A Mathematics 1.
# EC1002 Introduction to Economics must be taken after or at the same time as MT105A Mathematics 1 and ST104A Statistics 1.
^ EC2020 Econometrics can only be taken at the same time as or after ST104B Statistics 2 and MT105B Mathematics 2, not before. You will also need to have passed the prerequisites of EC1002 Introduction to economics, MT105A Mathematics 1 and ST104A Statistics 1. However, if you passed MT1174 Calculus, you do not need to take MT105A or MT105B, but must still meet the other prerequisites and co-requisites. MT1174 remains a prerequisite option and so must be passed before taking this course.

Bridging is not recommended for candidates applying to this degree.
Applicants for this degree require strong quantitative skills. 

2017-2018 Units offered at SIM
Outline of Modules
Sample of full-time class schedule

Entry Requirements 

General Entrance Requirements (GER) are:

  • Applicant must be 17 years or older by 30 November in the year of registration with UOL
  • Satisfy course requirements in English and Mathematics
  • Two approved* GCE ‘A’ /H2 level subjects and three approved* GCE ‘O’ level subjects, OR
  • Three approved* GCE ‘A’ /H2 level subjects and one approved* GCE ‘O’ level subject, OR
  • Three H2 passes provided that at least grades D, E, E are obtained, OR
  • Two H2 and two H1 passes provided they are in non-overlapping subjects

*Approved subjects are ‘A’ level papers taken after 1986 and all ‘O’ level subjects taken after 1975 in Singapore. 

The following qualifications may meet GER for admission into Year 1:

  • Diploma in Accounting, Banking and Finance, International Business and Management Studies awarded by SIM
  • Diplomas awarded by Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic or Temasek Polytechnic
  • Teaching certificate from NIE/NTU
  • Diploma in Employment Relations from Ong Teng Cheong Labour Leadership Institute (OTCi) and SIM University (UNISIM).
  • Diploma from PSB Academy with average of 60% or better, done 9 months full time or 12 months part time and with at least 4 O level passes.
  • NUS High School Diploma.
  •  University of London International Foundation Certificate
  • University of London Diploma in Economics / Certificate of Higher Education in Social Sciences
  • Northern Consortium UK International Foundation Year (China syllabus) (in and after June 2004), provided at least 200 IFY points have been obtained and that the module English for Academic Purposes is passed at grade C or above.
  • International Baccalaureate (the Diploma). Must have completed Mathematics/ Mathematical Studies at Higher Level grade 3 or better or Standard Level grade 4 or better. English at grade 4 or better meets the English requirement.
  • Two passes for the Malaysia Higher School Certificate/ Sijil Tinggi Persekolahan Malaysia (except Kertas Am) Grades A-C from 2003 in the new marking scheme (A-E in the old marking scheme before 2003) + 3 SPM at grade C or better including Mathematics.
  • Unified Examination Certificate (UEC) offered in Malaysia provided that 5 acceptable subjects are passed at credit (or Grade B) or better, together with 3 non-overlapping subjects awarded with grades 1 to 6 (Grade A - C) in the SPM OR 8 acceptable UEC subjects passed at Credit (or Grade B) or better.
  • Malaysian Certificate of Education/SPM English Language Communicational (122 or 322) grade 6 (C) or better meets the English requirement
  • The GER includes a pass (Grade C6 and above) in Mathematics at the GCE 'O' level and proof of competence in the English Language. 

The list is not exhaustive and is subject to annual revision.

Refer to the University of London prospectus for full information.

Foreign Applicants:
Click here for information on overseas qualifications

Estimated Overall Fees

Standard Entry BSc (12 units for 3 years)
Year 1 : $9,900.00
Year 2 : $8,800.00
Year 3 : $8,800.00
Total course fee : $27,500.00

Graduate Entry BSc (9 units for 2 years)
Year 1 : $9,900.00
Year 2 : $10,900.00
Total course fee : $20,800.00

Graduate Entry BSc (9 units for  3 years)
Year 1 : $7,800.00
Year 2 : $6,800.00
Year 3 : $6,800.00
Total course fee : $21,400.00

Standard Entry BSc with exemption from 4 full units (8 units for 2 years)
Year 2 : $9,800.00
Year 3 : $8,800.00
Total course fee: $18,600.00

The Estimated Overall Fee is made up of :
1. Programme Fees for BSc (Honours)
2. UOL Application Fee
3. UOL Initial Registration Fee (Year 1)
4. UOL Continuing Registration Fee (Year 2 and 3)
5. UOL examination fee (payable to  UOL and RELC Examinations Bureau)

 Application Fees Applies

Breakdown of Estimated Overall Fees

Payable to SIM

Programme Fees for BSc (Honours)
12 full units : $17,334.00
9 full units : $13000.50
8 full units : $11,556.00

Payable to University of London (UOL)

UOL Application Fee (One Time Payment) : £88.00
UOL Initial Registration Fee (Year 1) : £874.00
UOL Continuing Registration Fee (Year 2 and 3) : £399.00

UOL Examination Fee
BSc, 12 full units : $7,200.00
BSc, 9 full units : $5,400.00
BSc, 8 full units: $4,800.00

Additional UOL and SIM fees apply for those who repeat/resit the coursework/exam and also for those who extend their registration with the University.

Note: This estimated University of London examination fee, payable in S$ to the RELC Examinations Bureau, includes an admin fee (per paper) to RELC. All UOL fees are subjected to yearly revision.

Click here to refer to the Miscellaneous fees.

Scholarships and Awards

SIM GE scholarships available

Accreditation of Prior Learning (APL)

APL is the recognition of previously acquired learning which can be mapped against particular learning outcomes of units within a programme. APL may be awarded if you have previously studied a similar subject in the same depth, at degree level, and you achieved good marks in the corresponding examination. A student who is awarded APL for a specific unit is considered to be exempted from this unit.

The qualification on which your APL is based must have been obtained within the five years preceding the application. Candidates must have completed all coursework and assessment for their Diploma course before they embark on the bridging programme.

There will be only one intake/year, which is held in May/June.

Applicants for the following degrees are not recommended to apply for APL as completing the EC1002 Introduction to Economics and MT105A Mathematics 1 (half unit) modules will help prepare students for the rigour of advanced economics, where appropriate.

Bachelor of Science (Honours) in:
• Economics
• Economics and Finance
• Economics and Politics
• International Relations
• Mathematics and Economics

Qualifications that do not qualify for automatic exemption will require an exemption application fee of £93 per full unit or £47 per half unit. For the bridging courses listed below which meet the UOL automatic exemption requirement, no exemption application fee is needed.

 

Bridging Courses

UOL's Automatic Exemption Table for the following 3 bridging courses

1) SIM Bridging Course in Economics

The course provides the fundamentals of economic analysis through the use of economics’ models and applications. It uses a more analytical, in-depth and rigorous approach than is done at diploma level. The lecturer will assume that students have studied both macroeconomics and microeconomics in their diploma prior to this 16-session programme.

 

2) SIM Bridging Course in Mathematics

This 12-session programme is targeted at business diploma holders from SIM and the polytechnics who wish to demonstrate competence in mathematics so that they may be exempted from MT105A Mathematics 1 (half unit) in the University of London degree programme. These candidates usually have an existing APL for ST104A Statistics 1 (half unit) based on their diploma.

Note:
• Fees for each bridging course will be S$642 (Fees are inclusive of prevailing GST. Fees do not include textbooks and application charges.)

Sample timetable for 1) SIM Bridging Course in Economics or 2) SIM Bridging Course in Mathematics

 

3) Bridging Course for Economics, Management, Finance and the Social Sciences (EMFSS)

This new bridging course has been introduced for 2018. It is targeted at non-business polytechnic diploma holders who achieve a cumulative GPA of 3.0 or better, and who intend to study for a UOL degree at an accelerated rate. These candidates do not qualify for the SIM Bridging Course in Economics or SIM Bridging Course in Mathematics which is meant for business diploma graduates.

Bridging EMFSS modules and their corresponding APL:

Note: Students are required to enroll for all the modules (maximum of two full units). This course is run full-time only.

Sample timetable for 3) Bridging Course for Economics, Management, Finance and Social Sciences (EMFSS)

For more information, click here.

Note:
• Fees for the Bridging course for EMFSS will be S$3,852 for two full units (Fees are inclusive of prevailing GST. Fees do not include textbooks and application charges.)




 

 

Profiles

Lecturers & their Teaching Modules

Average teacher-student ratio for full-time – 1:93

 

Assessment & Exams

Completion of class tests, assignments and preliminary exams is highly encouraged in preparation for the University’s annual exams.

Exams accounts for 100% grading, except for some units where coursework is assessed by the University.

Successful completion of 12 units is required to qualify for the degree. The 200 and 300 units normally carry more weight than the 100 units.

Grading Scheme

70-100 : First Class Honours
60-69   : Upper Second Class Honours
50-59   : Lower Second Class Honours
40-49   : Third Class Honours
0-39     : Fail 

Promotion 

Candidates are expected to take on 4 full units per academic year and 3 years to graduate.

  • A Pass or exemption from at least two Level 100 units before they attempt Level 200/300 units.
  • A pass in a unit shall not be eligible for a re-sit.
  • Failure in a unit shall be eligible to be repeated / re-sit in the exam up to a maximum of 3 attempts for each paper.

Attendance requirement

Local: 75%
Student's Pass holders: 90% 

Graduation

The award of the BSc (Hons) degree requires successful completion of all 12 units.

Graduates may choose to participate in the presentation ceremony on SIM campus in April or the University of London (UK) in March.

Graduates of the UOL International Programmes may progress to postgraduate studies either locally or overseas.

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