This certificate of higher education has one stage comprising 120 credits. You’ll begin with a 60-credit introductory social sciences module and complete your certificate with a choice of one from two 60-credit modules.
Optional Access module – visit Entry requirements to find out about starting this course with a preparatory Access module.
You will be introduced to economic, mathematical and statistical methods and theories. Various approaches to economics will be taught in a historical context and with a specific focus on managing your personal finances.
We regularly review our curriculum; therefore, the qualification described on this page – including its availability, its structure, and available modules – may change over time. If we make changes to this qualification, we’ll update this page as soon as possible. Once you’ve registered or are studying this qualification, where practicable, we’ll inform you in good time of any upcoming changes. If you’d like to know more about the circumstances in which the University might make changes to the curriculum, see our Academic Regulations or contact us. This description was last updated on 20 March 2019.
We make all our qualifications as accessible as possible and have a comprehensive range of services to support all our students. The Certificate of Higher Education in Economics and Personal Finance uses a variety of study materials and has the following elements:
- studying a mixture of printed and online material. Online learning resources may include websites, audio/video media clips, and interactive activities such as online quizzes.
- using mathematical and scientific expressions, notations and associated techniques
- working in a group with other students
- using and/or producing diagrams and/or screenshots
- using specialist software (for example to analyse economic data)
- finding external/third party material online.
For more detailed information, see the Accessibility Statements on individual module descriptions. If you feel you may need additional support with any of the elements above, visit our Disability support website to find more about what we offer. Please contact us as soon as possible to discuss your individual requirements, so we can put arrangements in place before you start.
Learning outcomes, teaching and assessment
This qualification develops your learning in four main areas:
- Knowledge and understanding
- Cognitive skills
- Practical and professional skills
- Key skills
The level and depth of your learning gradually increases as you work through the qualification. You’ll be supported throughout by the OU’s unique style of teaching and assessment – which includes a personal tutor to guide and comment on your work; top quality course texts; e-learning resources like podcasts, interactive media and online materials; tutorial groups and community forums.
Read the detailed learning outcomes here
If you’ve already completed some study at another university, you may be able to count it towards your Open University qualification – reducing the number of modules you need to study.
You should apply for credit transfer before you register, at least 4 weeks before the registration closing date. Just tell us what you studied, where and when, and we’ll compare this against the learning outcomes for your chosen course.
For more details and an application form, visit our Credit Transfer website.
On completion of this undergraduate course, we'll award you the Certificate of Higher Education in Economics and Personal Finance.
As a student of The Open University, you should be aware of the content of the qualification-specific regulations below and the academic regulations that are available on our Student Policies and Regulations website.
There are no formal entry requirements for this qualification.
It is important that you are well prepared to study mathematics at this level. So, before you register for this qualification, it is essential to check that you have the appropriate mathematical skills to study Discovering mathematics (MU123).
Take a look at our Maths Help study resources to brush up your mathematical skills in preparation for our self-assessed quiz. If you can answer most of the questions, or could do them with a quick reminder (because the topic is familiar to you but you can’t quite remember the details), then you are ready.
How much time do I need?
Find out if you have enough time to study with our time planner
- Most of our students study part time, completing 60 credits a year.
- This will usually mean studying for 16–18 hours a week.
Preparing for study with an Access module
If your study skills are a bit rusty or you want to try out Open University study before committing yourself, don’t worry! The OU offers Access modules designed to introduce the subject area, build your confidence and prepare you for further study, and you may be eligible to study an Access module for free! You'll get:
- a personal tutor providing regular feedback with one to one telephone tutorials
- support from a dedicated team throughout your study
- detailed written feedback.
For this qualification we recommend:
People, work and society Access module
Science, technology and maths Access module
What you will study
This multidisciplinary module is an ideal starting point if you have little or no previous knowledge of the sciences, technology and mathematics, and would like to develop both your subject knowledge and your study skills. The subjects included are science, engineering and design, environment, mathematics, and computing and IT.
View full details of Science, technology and maths Access module
Skills for career development
This certificate will equip you with introductory knowledge and skills in economics, statistics and personal finance that are useful for a range of jobs. You will learn how to construct economic arguments using concepts, theories, models and evidence; how to think analytically; and how to work collaboratively. These transferable skills are in demand in the workplace, and are relevant to a great variety of situations – whether you’re already working, volunteering or changing career.
Holders of a qualification in economics can successfully apply their knowledge and skills in various jobs in government, business, accountancy, banking, economics, data analysis, insurance, management and administration, consultancy, the voluntary sector and teaching.
Exploring your options
Once you register with us (and for up to three years after you finish your studies), you’ll have full access to our careers service for a wide range of information and advice. This includes online forums, website, interview simulation, vacancy service as well as the option to email or speak to a careers adviser. Some areas of the careers service website are available for you to see now, including help with looking for and applying for jobs. You can also read more general information about how OU study enhances your career.
In the meantime if you want to do some research around this qualification and where it might take you, we’ve put together a list of relevant job titles as a starting point. Some careers may require further study, training and/or work experience:
- management consultant
- data analyst
- marketing manager