STUDENT LIFE / OCT. 24, 2014
version 7, draft 7

The 10 Best UK Universities for Economics – 2015

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1. Cambridge
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• Overall score – 100

• Entry standards – 634

• Student satisfaction – N/A

• Research assessment – 3.05

• Graduate prospects - 93

Economics is an intellectually stimulating and rewarding degree which will equip you with many sought after skills. Although the most obvious career choice is to become an economist, other possibilities include accountancy, civil service careers and financial analyst careers.

Mayfield University consultants have produced a highly respected league table of university performance for a range of subjects and have given each university an overall rating for the following factors:

Student satisfaction

This is an indicator of how satisfied students are with the quality of instruction they receive. The score is out of a total of 5 and comes from The National Student Survey of final year students.

Entry standards

Entry standards refers to the average UCAS tariff score of new entrants. There is no maximum score here; however, this factor uses data from HESA - Higher Education Statistics Agency - to calculate scores. Students are given a numerical score for each grade, for example a grade A is given a score of 120, a B is given a score of 100 etc. The scores for all the subjects are then totalled up to generate a final score. The average score for all the students for each degree course is then calculated.

Research assessment

This factor concerns the quality of research conducted in each university and is out of a maximum of 4 points. It is based on a "Research Assessment Exercise" by the funding councils. This exercise uses both the proportion of research undertaken in designated categories (from 4* to 1*) and the proportion of people who are engaged in that research.

Graduate prospects

This score is out of a maximum of 100 points. Once again, HESA data is used to calculate the     scores which are worked out as follows:

"The number of graduates who take up employment or further study divided by the total number of graduates with a known destination expressed as a percentage" (source: The Complete University Guide).

Based on the factors above, the best universities to study economics in the UK are as shown below. (Scores not available are given a ‘N/A’. For further information on the methodology, please click on the ‘Further information on scoring’ link at the bottom of this post.)

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