Statistics/Economics

Statistics and economics is a degree that combines two disciplines with deep mathematical connections and a shared concern with understanding patterns in data. Statistics is the science of learning from data: designing studies, fitting models, quantifying uncertainty, and drawing valid inferences about questions that range from the medical to the social and the commercial. Economics applies similar quantitative reasoning to the behaviour of markets, firms, and individuals, asking how resources are allocated, how incentives shape decisions, and how economic policy affects welfare and growth.

Together, they develop a powerful combination of analytical tools that is valued across finance, government, business, and research.

At the University of Glasgow, this four-year, full-time degree includes a year abroad, giving you the opportunity to study in a different academic environment and broaden your intellectual horizons alongside your technical development. You will develop rigorous statistical training, including probability, inference, regression, and data analysis, alongside a thorough grounding in microeconomics, macroeconomics, and econometrics, which is the application of statistical methods to economic data. The combination is particularly valuable because econometrics is central to modern empirical economics, meaning that the two sides of the degree reinforce each other directly.

The typical entry tariff is 232 UCAS points, reflecting the demanding mathematical content of both subjects.

Graduates from statistics and economics programmes are among the most sought-after in quantitative careers. Actuarial work, data science, financial analysis, economic consultancy, government statistical service, central banking, investment management, research, and academic economics are all natural destinations. The econometric training is particularly valued by employers in economic consultancy and policy, while the statistics foundation opens doors in data science and applied research.

Postgraduate study in statistics, economics, econometrics, or data science provides a natural continuation for those who wish to specialise further.