Taught course

Finance and Economic Development

Institution
University of Glasgow · Adam Smith Business School
Qualifications
MSc

Entry requirements

2.1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in economics or finance, or a related disciple, with at least three courses in economics, finance and/or development.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.

Months of entry

September

Course content

This programme is designed for economics graduates who would like to develop an understanding of the nature of the differing institutional settings of financial systems in various developed and developing countries.

Why Glasgow

  • You will develop tools to evaluate the problem of moral hazard in relation to international rescue operations and recognise factors that may lead to the emergence of banking and currency crises and other sources of serious economic instability.
  • You will be taught by leaders in the field, many of whom have worked with international and government organisations including the IMF, World Bank, UN, Commonwealth Secretariat, central banks and government organisations in developing countries.
  • The University of Glasgow Adam Smith Business School celebrates the legacy of Adam Smith by developing enlightened, enterprising and engaged graduates and internationally-recognised research with real social impact.

Programme Structure

You will take three core and three optional courses and complete a substantial independent piece of work, normally in the form of a dissertation.

Core courses

  • Growth and development
  • Money, finance and growth
  • Financial institutions and markets in developing countries.

Optional courses may include

  • Aid and development
  • Basic econometrics
  • Behavioural economics: theory and applications
  • Development policy
  • Economics of inequality and deprivation
  • Environmental economics
  • Foreign direct investment and development
  • IMF, World Bank and economic growth
  • International finance and money
  • International macroeconomics and policy
  • International trade
  • Introduction to normative economics
  • Project planning, appraisal and implementation
  • The EU in international politics and development (Politics)
  • The law and economics of sovereign debt regulation.

Career prospects

This programme will prepare you for careers in teaching or research in the field of economic development or the areas covered in optional courses, working in economic development as a government official, or in international agencies or in other organisations concerned with economic development. Graduates of this programme have been employed by companies such as Ernst & Young, Australian Department of Foreign Affairs and Trade, and National Bank of Belgium.

Our dedicated College of Social Sciences Employability Officer works with students to enhance their employability.

Information for international students

Please refer to our website for more information.

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic module (not General Training):

  • overall score 6.5
  • two sub-tests no less than 6.5, no sub-test less than 6.0
  • or equivalent scores in another recognised qualification:

Common equivalent English language qualifications

All stated English tests are acceptable for admission for both home/EU and international students for this programme:

  • ibTOEFL: 90; no sub-test less than:
    • Reading: 20
    • Listening: 19
    • Speaking: 19
    • Writing: 23
  • CAE (Cambridge Certificate of Advanced English): 176 overall; no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English): 176 overall; no sub-test less than 169
  • PTE Academic (Pearson Test of English, Academic test): 60; no sub-test less than 59
  • Trinity College London Integrated Skills in English: ISEII at Distinction with Distinction in all sub-tests

For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept an IELTS test (Academic module) from any of the 1000 IELTS test centres from around the world and we do not require a specific UKVI IELTS test for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

Fees and funding

UK students
£7700
International students
£17250

Qualification and course duration

MSc

full time
12 months

Course contact details

Name
Adam Smith Business School
Email
business-economics@glasgow.ac.uk