Economics and Finance

Economics is a social science concerned with the production, distribution and consumption of goods and services. Modern economics is a broad discipline that links almost all aspects of human behaviour and interactions, from running a business and purchasing stock to getting married and taking a job. 

Finance is the study of managing available funds, including saving and lending money, cash at hand, and risk. It includes areas of personal, corporate or public finance relating to incomes, expenditure, debts, loans, balancing risk, profitability and value of stock.

The courses at St Andrews provide structured, cumulative and rigorous explorations of key concepts, principles, analysis, techniques and knowledge. Graduates from the School of Economics and Finance have progressed to a broad range of opportunities including banking, finance, consultancy, government and public policy, and research.


Undergraduate - 2020 entry

Economics BSc (Hons)
Economics MA (Hons)
Economics BA (International Hons)
Financial Economics BSc (Hons)
Financial Economics MA (Hons)
Gateway to Arts Pathway to MA (Hons)
Gateway to Science  Pathway to BSc (Hons)
FE-HE Pathway to Arts Pathway to MA (Hons)
FE-HE Pathway to Science Pathway to BSc (Hons)

Joint degree options

You can take Economics BSc (Hons) and Economics MA (Hons) with another subject as part of a joint degree or a "with" degree.

International Foundation programmes - 2020 entry

International Foundation programmes prepare international students for undergraduate study in the UK and at the University of St Andrews in particular.

Business - Management, Economics and Finance September Foundation
Management, Economics and Finance January Foundation 

Postgraduate - 2020 entry


Economics MSc
Finance and Economics MSc
Finance MSc

Similar taught programmes

The School of Management also teaches similar taught programmes. 

Banking and Finance MSc
Finance and Management MSc


Please contact a supervisor in your research area to inquire about PhD opportunities.

Visit St Andrews


If you are interested in studying at St Andrews, join us at a visiting day or talk and tour to explore the town, find out about our courses and meet current students.

Upcoming visiting days:

  • Wednesday 1 April 2020
  • Wednesday 8 April 2020
  • Wednesday 15 April 2020

Visit us


Upcoming visiting days:

  • Wednesday 11 March 2020

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Economics and Finance research areas

The School of Economics and Finance undertakes high-quality research in a variety of topics such as:

  • dynamic macroeconomics
  • choice theory
  • bounded rationality
  • game theory
  • expectations and learning
  • competition and innovation
  • climate change.

Find a full list of researchers on the School of Economics and Finance website. 

Careers for graduates in Economics and Finance

Economics and Finance courses at St Andrews prepare students for careers in academia, business, government and international organisations.

Graduates work in a wide variety of challenging and rewarding posts located in the UK, Europe, North America and further afield in locations such as China, Taiwan, Hong Kong, Japan and Thailand.

Popular career choices amongst recent graduates include:

  • fund management
  • investment
  • commercial and international banking
  • accountancy
  • consultancy
  • management in the industrial and commercial sectors
  • stockbroking
  • banking
  • civil service
  • university research and teaching
  • media.

Economics and Finance graduates from St Andrews have secured positions in renowned financial institutions including:

  • Accenture
  • Ernst & Young
  • JP Morgan
  • Barclays Capital
  • PriceWaterhouseCoopers
  • HSBC
  • Lloyds.

See recent graduate employment case studies.

Work experience

Work experience is invaluable when it comes to securing graduate-level employment. There are a number of finance-specific opportunities for students to gain work experience:

Funding opportunities

There is a range of funding opportunities available at all levels of study.


There is a range of undergraduate funding opportunities offered by the University of St Andrews. 

Undergraduate scholarships

Postgraduate students

The School of Economics and Finance offers scholarships for applicants to the MSc in Economics.

The Santander 600 Big Data scholarship is available for those studying on courses related to finance and big data. 

Postgraduate taught scholarships

PhD students

The Economic and Social Research Council supports research relevant to business, the public sector and voluntary organisations, and provides awards which cover tuition and maintenance fees (for those meeting the eligibility criteria).

Funding for PhD students


University league tables

The School of Economics and Finance is ranked first in the UK by the Guardian University Guide 2020 and first in Scotland by the Complete University Guide 2020.


The quality of research publications produced by staff within the School was ranked in the top ten in the UK by the Research Excellence Framework 2014, with more than 80% of the research output rated as internationally excellent or world-leading.


School of Economics and Finance
University of St Andrews
The Scores
St Andrews
KY16 9AR

Phone: +44 (0)1334 46 2439 

Economics website Economics research portal