The BSc Economics and Finance programme at RIC offers a comprehensive education in both economics and finance, preparing students for diverse career paths in the financial sector. You’ll study units like Microeconomics, Macroeconomics, Mathematical Statistics, and Corporate Finance, gaining skills to analyse economic trends and evaluate financial risks. Career options include financial analyst, investment banker, economic consultant, and risk manager, providing graduates with diverse opportunities in finance and beyond.

Academic Direction

At RIC, our students benefit from academic direction provided by prestigious institutions such as the London School of Economics and Political Science, University College London, and King’s College London, among others. This collaboration ensures access to top-tier resources, leading experts, and cutting-edge research, enriching their educational experience and enhancing academic outcomes.

  • Applicant must hold at least 5 grades A – C at Ordinary Level, and 3 grades A – E at Advanced Level or equivalent
  • This should include Ordinary Level Mathematics grade C or equivalent
  • Mathematics at Advanced Level is recommended, but not compulsory
  • Pass the internal Admission Test and interview

Level 100 courses

  • EC1002 Introduction to economics
  • ST1215 Introduction to mathematical statistics
    OR
    ST104a Statistics 1 (half course) AND ST104b Statistics 2 (half course)
  • MT1186 Mathematical methods
    OR
    MT105A Mathematics 1 AND MT105B Mathematics 2

Level 200 and 300 courses

  • EC2020 Elements of econometrics
  • EC2065 Macroeconomics
  • EC2066 Microeconomics
  • FN2191 Principles of corporate finance

Level 200 and 300 courses

  • FN2203 Principles of Asset Pricing
  • EC3115 Monetary economics
  • FN3142 Quantitative finance
  • One 200 or 300 (or two half courses from any selection group)

Recommended optional courses

  • EC3016 International economics
  • MT3095 Further mathematics for economists
  • MN2032 Management science methods
  • ST2187 Business analytics, applied modelling and prediction
  • EC3120 Mathematical economics
  • ST3188 Statistical methods for market research

Graduate entry route comprises 9 full courses (or equivalent)

  • Financial analyst/Financial economist
  • Financial risk analyst
  • Economist
  • Market research analyst
  • Actuary
  • Data analyst
  • Investment analyst
  • Economic researcher

*This list is non-exhaustive

RIC Fees (LKR) University of London Fees (GBP)
1st year total course fee 705,000.00
2nd year total course fee 650,000.00
3rd year total course fee 650,000.00
Total Course Fee Payable to RIC 2,005,000.00
Total fee to paid to University of London £7,976.00
Total Course Fee 2,005,000 + £ 7,976

Disclaimer:
This course fee applies only to Sri Lankan nationals and consists of payments made separately to RIC and the University of London.
– The total fee payable to RIC must be paid in LKR and includes registration fees, refundable and non-refundable library fees, and semester fees.
– The above University of London payments are applicable to the 2024/2025 academic year, and the updated amounts will be confirmed by the end of February 2025. An annual increment of 5% will be applied as per the standard practice from the university of London. Students are advised to check the University of London website  for the latest fee schedule and payment instructions applicable to their academic year before making any payments.

For further assistance and a detailed fee breakdown, please contact our admissions team or visit us at 92, Sunethra Devi Road, Kohuwala.

RIC Fees (LKR) University of London Fees (GBP)
1st year total course fee 705,000.00
2nd year total course fee 800,000.00
Total Course Fee Payable to RIC 1,505,000.00
Total fee to paid to University of London £5,867.00
Total Course Fee 1,505,000 + £ 5,867

Disclaimer:
This course fee applies only to Sri Lankan nationals and consists of payments made separately to RIC and the University of London.
– The total fee payable to RIC must be paid in LKR and includes registration fees, refundable and non-refundable library fees, and semester fees.
– The above University of London payments are applicable to the 2024/2025 academic year, and the updated amounts will be confirmed by the end of February 2025. An annual increment of 5% will be applied as per the standard practice from the university of London. Students are advised to check the University of London website for the latest fee schedule and payment instructions applicable to their academic year before making any payments.

For further assistance and a detailed fee breakdown, please contact our admissions team or visit us at 92, Sunethra Devi Road, Kohuwala.

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