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Undergraduate Programmes

Business and Management

BSc Economics and Management

Course Code: 2245-DP045A (Year 1 Entry) / 2245-DP045A (Year 2 Entry)
QF Level
  • QF Level: 5 QR Registration No.: 13/000312/L5 Validity Period: 01/09/2012 to 31/08/2026
Ms Joey Chum
T: 2867 8472


Programme Overview

This programme provides you with knowledge from micro- and macroeconomics, econometrics to the essentials in business and management.

Programme Highlights

  • The degree is awarded by the University of London and the programme is academically developed and managed by the London School of Economics and Political Science (LSE);
  • In 2023, LSE was ranked 7th worldwide in the subjects of Accounting & Finance; 7th worldwide in the subjects of Economics & Econometrics; 11th worldwide in the subjects of Business & Management Studies; and 45th worldwide overall in QS World University Rankings.

Programme Objectives

This programme aims to:

  1. provide a high quality education in Economics and Management for intellectually able students from a wide range of backgrounds;
  2. give students a sound grasp of the principles of economic analysis to the intermediate level;
  3. help students understand the social science basis and inter-disciplinary nature of Management;
  4. give students a knowledge of the workings of the economy;
  5. enable students to concentrate on specialist areas within the subjects;
  6. encourage students to develop intellectual flexibility and powers of rigorous analysis, by placing a premium on developing minds and on bringing forward their analytical reasoning ability;
  7. develop in students the ability to apply their knowledge to the solution of theoretical and applied problems in economics and management;
  8. provide a basis for further study and for employment, including careers in relevant fields;
  9. prepare students for graduate study in economics and/or management.

Programme Intended Learning Outcomes

On completion of the programme, students should be able to

  1. Knowledge and understanding
  1. understand of the fundamental aspects of economic analysis. 
  2. analyse issues from the perspective of a number of disciplines. 
  3. think in a critical manner, to formulate and develop arguments both on management and economic issues in a logical manner.
  4. demonstrate skills in applying economic reasoning to the analysis of a wide range of policy issues. 
  1. Intellectual and cognitive skills;
  1. locate, extract, analyse and draw reasoned conclusions from multiple sources (including electronic sources) of appropriate literature and relevant data and acknowledge and reference these sources appropriately; 
  2. critically analyse arguments; 
  3. apply theory and theoretical models in practical situations; 
  4. assimilate and lucidly evaluate alternative views. 
  1. Transferable skills
  1. communicate effectively in a written context; 
  2. use information technology (spread-sheets, word-processing and online databases) appropriately; 
  3. organise information, and assimilate and evaluate competing arguments;
  4. manage his or her own learning, including working effectively to deadlines;
  5. be open minded and have a capacity to handle ideas and scrutinise information in critical, evaluative and analytical ways. 

University of London Programmes

University of London

The University of London is truly one of the greatest universities in the world. The University is a federation of 18 world-class colleges and 10 specialised institutes, with a student population of more than 120,000. The University's reputation for high academic standards has been built on the outstanding teaching and research of its colleges since 1836, and its degrees are recognised internationally by governments, universities, employers and professional bodies as being of a high academic quality and standard.

For over 150 years, University of London degrees have been accessible to students all over the world through the University of London Programmes. Over the years, many exceptional people who have studied with the University of London Programmes have shaped our world. Former students include seven Nobel Prize winners, leaders of commonwealth countries, government ministers, renowned authors, academics, judges and business leaders. Today, the University of London Programmes are truly international in character with more than 50,000 students in 180 different countries.

Academic Direction: 
​London School of Economics and Political Science (LSE)

Academic direction for all of the courses offered through the University of London Programmes is provided by the Colleges of the University. Academics at these Colleges develop the syllabi, prepare the study materials, and are responsible for the assessment of students. In the case of the BSc Finance, BSc Accounting and Finance, BSc Economics and Management and BSc Business and Management programmes, academic direction is provided by the London School of Economics and Political Science (LSE). Please click here for more details.

LSE has consistently been ranked at the highest level among universities in the United Kingdom.

2024 QS World University Rankings 
45th – Overall ranking worldwide
2023 QS World University Rankings by Subject

7th – Subject: Accounting & Finance 
7th – Subject: Economics & Econometrics 
11th – Subject: Business & Management Studies

More Programmes:

Content and

Programme Structure*

The BSc Economics and Management programme offers students with knowledge of both economics and management. It provides a solid economics and management background for analytical positions in various industries. 

The entire programme consists of 12 modules (30 credits each).

Upon completion of 12 modules (360 credits), students will be awarded the Bachelor of Science in Economics and Management by the University of London. No other exit awards are accredited by HKCAAVQ.

Course Title
  1. Introduction to Economics
  2. Mathematics 1 and Statistics 1
  3. Principles of Accounting
  4. Business and Management in a Global Context
  5. Core Management Concepts
  6. Choose ONE from below:
    1. Microeconomics
    2. Managerial Economics
  7. Macroeconomics
  8. Asset Pricing and Financial Markets
  9. Monetary Economics

10 - 12. Choose THREE from below:

  1. Strategy*
  2. Organisation Theory: An Interdisciplinary Approach*
  3. Human Resource Management*
  4. Marketing Management*
  5. The Law of Business Organisations*
  6. Management and Innovation of E-business*
  7. Management Accounting 
  8. Information Systems Management
  9. Principles of Corporate Finance
  10. Principles of Banking and Finance

* Subject to change 

1. Students who are admitted through the Graduate Entry Route are required to take 9 courses, i.e. courses 1, 2, 4, 5, 6, 7, 8, 9, plus one course from 10 to 12 selected from electives (
a) to (i) .
3. Student should take at least one course.*

IC may offer some courses, but not all, as electives every year.
The above programme structure is intended to be used as a guide to prospective students. Students must also follow the programme structure, prerequisites and exclusions presented by the University of London Programmes Programme Specification and Regulations.


  • Modules

    Introduction to Economics

    This course aims to introduce students to an understanding of the domain of economics as a social theory; the main analytical tools which are used in economic analysis; the main conclusions derived from economic analysis. It will also develop students’ understanding of their organisational and policy implications and enable them to participate in debates on economic matters.


    Mathematics 1

    The course aims to enable students to acquire mathematical skills including multivariate calculus and linear algebra, as required for their use in economics-based subjects. It also prepares students for further study in courses of mathematics and/or related disciplines.


    Statistics 1

    The emphasis of the module is on the application of statistical methods in management, economics and the social sciences. Attention will focus on the interpretation of tables and results and the appropriate way to approach statistical problems. Treatment is at an elementary mathematical level. Ideas of probability, inference and multivariate analysis are introduced and are further developed in the half course 04b Statistics 2.


    Principles of Accounting

    This course aims to: introduce students to the principles underlying accounting; enable students to apply, interpret and explain key accounting techniques; provide a broad understanding of the theory and practice of financial accounting and management accounting.


    Business and Management in a Global Context

    This module aims to: give students a research-based grounding in the shifting context of, and changing priorities in, the international business including globalising trends, formal, and informal institutions, the political, economic, social, technological and legal issues and the resultant diversity of international business. Specifically takes into account the impacts of the 2020-21 pandemic and economics crises; prepare students to be able to discuss cultural, ethical and social issues for international business and suggest policies of corporate social responsibility and sustainable business practices; provide an introduction to and develop students’ ability to assess international trade and investment, multilateral organisations and regional integration and the global financial system; prepare students to be able to discuss how firms develop international business strategies, enter markets and alliances, and operate and manage on the global stage; give insight through frameworks, studies and examples of how businesses manage marketing and research & development, organisational structure and architecture, sourcing and the supply chain, exchange rates, information systems and human resources, in different parts of the globe, globally, regionally and domestically; prepare students to understand and assess project and change management practices in an international context; provide an introduction to the major emerging digital technologies, and how to manage these into operation and become digital businesses internationally; Overall, give students insight into the contexts of international business and enable students to work within these contexts to make judgements on strategizing and managing operations in the global economy. Also, to help students understand and assess the future trends and challenges for international business.


    Core Management Concepts

    The aims of the course are to: give students a thorough grounding in the key management sub‐disciplines; provide an overview of the development of these disciplines; illustrate the disciplinary anchors of these disciplines in sociology, psychology and economics.



    The course aims to: deepen the understanding of the basic theory of optimisation by economic agents and the efficiency of the resulting outcome for the market as a whole; introduce students to the analysis of strategic interaction as well as interaction under asymmetric information; clarify the role of economic policies as tools to improve efficiency in the presence of market failures; promote the ability to think in a structured framework, and clarify the importance of formal arguments; demonstrate the art of modelling which requires simplifying a problem by identifying the key elements without oversimplifying the issue.


    Managerial Economics

    The course aims to: enable students to approach managerial decision problems using economic reasoning; present business practice topics using an analytical approach, using equations and numerical insight.


    The course aims to bring the students up to date with modern developments in macroeconomics and to help them analyse the macroeconomic issues of the day.


    Asset Pricing and Financial Markets

    The course aims to provide students with a thorough grounding in asset pricing; develop students’ skills in applying pricing methods to realistic scenarios; provide a critical overview of the research on financial market efficiency; allow students to develop an understanding of how securities markets operate.


    Monetary Economics

    The aims of the course are to develop students’ understanding of the theories that relate to the existence of money, explaining why it is demanded by individuals and used in the trading process; develop students’ understanding of the monetary transmission mechanism, whereby decisions made by the monetary authorities concerning money supplies or interest rates can have real effects on the economy; introduce a number of macroeconomic models through which monetary policy can be evaluated, including Classical and Keynesian schools of thought so as to understand why monetary policy matters and when monetary policy decisions may be impotent; develop understanding of the uncertainties policy-makers face and how policy makers may deal with these.



    The course aims to enable students to use the analytical tools of game theory and industrial economics to study key strategic problems in corporate decision making.


    Organisation Theory: An Interdisciplinary Approach

    This course explores the ways in which organisations can be designed (by management or others) in order to achieve their objectives. It exposes students to the ways in which economists, psychologists and sociologists address this and related issues. It is, therefore, an interdisciplinary course comparing and contrasting the contribution of the core social science disciplines to the study of organisations. The course draws upon both theoretical and empirical materials and students will be encouraged to draw upon their own local knowledge in pursuing their studies. There will be an emphasis (though not exclusive) on organisations, set up with an economics objective.


    Human Resource Management

    This course aims to: give students an introduce to the key elements of human resource management (HRM); demonstrate how the social sciences can assist in understanding the management of human resources; and to evaluate human resource policies and practices of organisations; help students examine the different theories which try to explain the relationship between HRM and organisational performance; develop students’ ability to analyse and critically evaluate HRM policies and practices.


    Marketing Management

    This course aims to introduce students to the fundamental principles of marketing; give students a broad understanding of consumers and the marketing behaviour of firms; explores the relevance of these academic subjects to marketing; encourage students to question the limitations of marketing management and to suggest ways of overcoming its many problems; develop students’ practical skills by applying learned theories to real-world organisational problems.


    The Law of Business Organisations
    This course aims to: develop in the students an understanding of the core principles of the laws that regulate business organisations; develop the independent and individual skills needed for students to take their knowledge further, and to apply it, for example, in practice, in industry, or in an academic environment; inspire and to stimulate endeavor.


    Management and Innovation of E-business

    The objectives of the course are to explain the growth of e-business to date, both business-to-consumer and business-to-business, using relevant theories from business, management and the social sciences; examine the interaction between technological trends and the business and social context of e-business; identify innovations within the domain of e-business by presenting cases of the innovative use of e-business and network technologies; present relevant theories from business, management and the social sciences that help to explain the development and growth of e-business; discuss different e-business (business) models and strategies, including global supply chain management; electronic markets; shared economy and digital marketing; introduce the notion of new organisational forms, and discuss their business implications.


    Management Accounting

    This course is designed to equip students with knowledge of the concepts and the ability to apply techniques of management accounting, in order to be able to contribute to the success of an organisation. Modern management accounting is concerned with decision making, planning and control. It supports decision makers in their daily and strategic decisions, contributes to short- and long-term planning and produces information for control, performance measurement and management. This may also include nonfinancial information in management accounting reports, where it is used in combination with financial information to construct broader pictures of the contribution that different processes, procedures, functions, activities and divisions make to the strategic achievements of a firm.


    Information Systems Management
    The module aims to: provide the fundamental concepts needed to understand information technology management in orgainsation from the perspectives of information systems, organisation and management theory; introduces critical ideas to address the problems related to the use of implementation of information technology in organisations.


    Principles of Corporate Finance

    This course provides a theoretical framework used to address issues in project appraisal and financing, payout policy, capital structure, mergers and acquisitions, equity offerings, and risk management. It provides students with the tools required for further studies in financial intermediation and investments.


    Principles of Banking and Finance

    The specific aims of this course are to: provide institutional features of financial systems; identify key issues and problems arising in banking and finance; introduce the key economic concepts required to analyse these key issues and problems; illustrate how these economic principles can be applied to address the key issues identified; show how the institutional features address the key issues identified.


Minimum 3 years (AD/HD graduates with full exemptions on 3 courses may complete the programme in 2 years).


The teaching methods include lectures and tutorials. Staff members consist of HKU SPACE and overseas lecturers.


Assessment will be done by examination. Each course is assessed by one written examination determined by the University of London. All examinations are held once a year in May/June.


  • Teaching Staff - University of London

    ABDEY, James Spencer

    BA, MSc Exeter; PhD LSE

    ALI, Haider

    BSc, PhD Lond; MPhil Cranfield

    ARABSHEIBANI, Gholamreza

    BA Nott Trent; MSc, PhD LSE

    BEAUREGARD, Tanya Alexandra


    BUCKLE, Michael John

    BA Newcastle; MSc Warwick; PhD

    CHANDLER, Roy Anthony

    BSc (Econ), FCA

    CORDELLA, Antonio

    BSc Bologna; PhD Info Sys Gothenburg

    DYKE, Eric George Lewis

    BSc, MSc QMC

    EVANS, Kevin Philip

    BSc, PhD Swansea; MSc Warwick

    FUNG, Libon

    BSc, MSc, PhD Lond

    HASLAM, James 

    BA Sheffield; PhD Essex


    BA York; MSc LSE; PhD Wales

    LASSOU, Philippe Jacques Codjo

    BSc INE; MSc, PhD Birmingham

    TIMMS, Jill

    BA Keele; MSc UCD; PhD LSE

    VIRDI, Arhat MA Oxford; MSc, PhD LSE

    WHEATLEY, Sharon Jayne

    BSc UCL; MRes, DPhil KCL 

  • Teaching Staff - HKU SPACE

    CHAN, Frank

    MBA Ottawa; CPA Canada; CGA Canada; ACCA UK

    CHAN, Ken

    BEcon Lond; MEcon Sydney; MFin HK

    CHAN, Tony BA CHHK; MA

    CHEUNG, Antony


    FUNG, Andy

    BSc Ohio; MBA Illinois

    HUI, Nelson

    BA Winn; MA Tor

    KWOK, Hermione

    BEcon&Fin, MEcon HKU

    LAM, Philip

    BMath Wat; MInfo Tech CSU; PhD Info Sys Curtin; FHKLA; MIEEE

    LEE, Allan BA HKU; MAcc CSturt
    LEE, Kenneth BSc Western Ontario; MBA Bradford; DBA Australia

    NG, William

    BA HKU; MBA Bradford

    TSANG, Grace


    TSE, Jason


    YEE, Thomas

    BEcon, MEcon, PCEd HKU

Note: The list of teaching staff is subject to change. 

Award and


Upon satisfactory completion of the programme, students will be awarded the Bachelor of Science in Economics and Management​.

When students graduate with a degree, diploma or certificate from the University of London, they will be sent two documents - a final diploma (i.e. the parchment they receive following graduation) and a Diploma Supplement.

The final diploma will indicate that the student was registered with the University of London and awarded a University of London degree, diploma or certificate, and included the name of the Academic Direction which conducted the examinations. The University of London logo and signature of the Vice-Chancellor of the University of London are incorporated. The Diploma Supplement will describe the nature, level and content of the programme the student successfully completed and include a transcript of courses taken and marks achieved, as well as the overall classification. It also provides further information about the role of the Academic Direction and method of study.

Degrees are awarded with the following classifications: First Class Honours, Second Class Honours (divided into Upper Division and Lower Division), Third Class Honours and Pass.

Career Opportunities

Our graduates work in the private sector at firms ranging from accounting and auditing to banking and finance institutions. Others pursue fulfilling positions in government agencies, the nonprofit sector or other industries.

Further Studies

Our graduates are eligible to pursue further studies in business or finance related disciplines at a postgraduate level. 


Fees and

Tuition Fee*

Tuition fees* of the entire programme for 2024/25 include HKD206,400 to HKU SPACE and GBP7,596 to University of London and HKD15,730^ to HKEAA (12 courses and to be completed in 3 years).

  1st Year 2nd Year 3rd Year
HKU SPACE course fee HKD68,800 HKD68,800 HKD68,800

Module Composite Fee

(4 full courses - inclusive of first assessment entry)

GBP2,512 GBP2,512 GBP2,512
Examination fee^ per year (4 full courses) HKD6,050 HKD4,840 HKD4,840
Total: HKD68,800 + GBP2,512 + HKD6,050^ HKD68,800 + GBP2,512 + HKD4,840^ HKD68,800 + GBP2,512 + HKD4,840^

An application fee GBP60 payable to the University of London also applies. 

^To be adjusted in February 2025.
^The fee payable to the HKEAA is based on the number of papers.

*The published tuition fee is a reference for degree students who take the Standard Route and complete the programme within the shortest possible duration (3 years) without any re-sits. Fees are subject to change or year-on-year increases without prior notice. The amount of fees paid in GBP also depends upon the exchange rate differences.

Financial Assistance Schemes

This programme has been successfully accredited by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ). Full-time students are eligible to apply for Hong Kong government grants and low-interest loans, i.e. Financial Assistance Scheme for Post-secondary Students (FASP) and Non-means tested Loan Scheme for Post-secondary Students (NLSPS). For details, please refer to

IC Scholarship 

more Details ​


Entry Requirements

Standard Route

Applicants shall hold:

  1. 2 HKDSE Category A subjects at Level 3 (including English Language) and 3 HKDSE Category A subjects at Level 2 (including Mathematics); or
  2. (a) 2 GCE ‘A’ Level Grade E + 3 GCE ‘O’ Level Grade C (including English Language & Mathematics); or
    (b) 2 HKAL Grade E + HKCEE English Language a​t Grade C & 2 subjects at Grade E in HKCEE (including Mathematics); or
  3. International Baccalaureate (IB) Diploma including Mathematics / Mathematical Studies at Grade 3 (Higher Level / Standard Level); or
  4. An Associate Degree / a Higher Diploma from HKU SPACE or other recognised awarding institutions#.

Note: There are many other qualifications, both from Hong Kong and overseas, that the University of London accepts as satisfying the entrance requirements for the degree programmes.

#Course specific requirements such as competence in English language and Mathematics may be required

Graduate Entry Route 

Students who hold a full first degree completed in a minimum of three years duration on a full-time basis (or equivalent) from a university or other institution acceptable to the University of London will be considered.

Students transferring to BSc programmes from the Certificate of Higher Education in Social Sciences (CHESS)

Students of the CHESS offered by the University of London may progress to the BSc programmes by applying to transfer their registration, provided that:

a)       they have passed all four full module of the CHESS or

b)       they have attempted all four full modules and passed three full modules of the CHESS

Students transferring to BSc programmes from the University of London International Foundation Programme (IFP)

Students of the IFP may progress to the BSc programmes by applying to transfer their registration, provided that they have passed all four full modules in the IFP.

Please click here for details.

Progression Path


Student Work
and Activities

CSM London Summer Study Programme

This programme organised by IC provides a valuable opportunity for students to enroll into a short course in Central Saint Martins College of Arts and Design (CSM), one of the world’s leading institutes for arts and design education with 150 years of history.


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This is an exempted course under the Non-local Higher and Professional Education (Regulation) Ordinance. It is a matter of discretion for individual employers to recognise any qualification to which this course may lead.