Taught course

Finance and Economic Development

University of Glasgow · Adam Smith Business School

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 3 credit-bearing modules 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


Course content

The 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 courses, 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

  • Aid and development
  • Basic econometrics
  • Behavioural economics: theory and applications
  • Development policy
  • Economics of inequality and deprivation
  • Environmental economics
  • Financial sector stability and growth
  • 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.

Information for international students

The University of Glasgow welcomes students from over 100 different countries. For applicants whose first language is not English, the University normally sets a minimum English Language proficiency level. Visit: http://www.gla.ac.uk/international/englishlanguagerequirements/ for details.

Fees and funding

UK students
International students


Qualification and course duration


full time
12 months

Course contact details

Adam Smith Business School