MSc Finance & Economic Development
Finance & Economic Development is designed for economics graduates who would like to develop an understanding of the role of financial systems, financial intermediation and financial institutions in affecting economic growth in both developed and developing countries.
- Finance & Economic Development will provide you with a good understanding of:
- the role of money and financial intermediation in economic growth
- the rationale for financial repression and financial liberalisation
- structures and social functions of monetary and financial systems in both developing and developed countries
- operation of economic stabilisation and financial regulation
- the role of appropriate institutions for financial development and international financial integration
- financial and economic crisis and ways of promoting recovery and of preventing similar events in the future
- tools which are used to evaluate the problem of moral hazard in relation to international rescue operations
- how analytical frameworks can be used to evaluate strategies of growth and development
- This programme provides the empirical tools, data, and STATA software training that will enable students to investigate economic development and to prepare an independent empirical analysis.
- You will be taught by experts in the field, many of whom have worked with international and government organisations such as the IMF, World Bank, Asian Development Bank, central banks and government organisations in developing countries.
- You will have access to all conferences and seminars hosted by the Glasgow Centre for International Development. This means you will be exposed to interdisciplinary research and approaches to development in the fields of medicine, veterinary medicine, environmental management, sustainability or education.
- The 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.
- Take advantage of our individualised skills development programme, which will ensure you balance academic theory with crucial employability skills to help you maximise your potential and achieve your career goals.
You will take three core and three optional courses and complete a substantial independent piece of work, normally in the form of a dissertation.
- FINANCIAL INSTITUTIONS AND MARKETS IN DEVELOPING COUNTRIES
- GROWTH AND DEVELOPMENT
- MONEY, FINANCE AND GROWTH
Optional courses may include
- AID AND DEVELOPMENT
- BASIC ECONOMETRICS
- BEHAVIORAL ECONOMICS:THEORY AND APPLICATIONS
- DEVELOPMENT POLICY
- THE ECONOMICS OF INEQUALITY AND DEPRIVATION
- INTERNATIONAL FINANCE AND MONEY
- INTERNATIONAL MACROECONOMICS AND POLICY
- FOREIGN DIRECT INVESTMENT AND DEVELOPMENT
- UNDERSTANDING DEVELOPMENT: A MULTIDISCIPLINARY APPROACH
This programme will prepare you for careers in economic development as a government official, in international agencies or in other organisations concerned with economic development. Our graduates have taken up roles as research economists and senior economists, for example. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.
2:1 Honours Degree or equivalent in Economics or Finance, or related but with coverage of Economics (at least 15% of modules).
Only applications that meet or exceed our stated entry requirements will go forward for consideration. Any application that does not will be automatically rejected. Applicants will be made offers based on their relative performance compared to other applicants, taking into account both current GPA, or degree classification, and the relevance of an applicant’s academic background.
Please note, applications that meet our minimum entry requirements may still be rejected, based on its score in comparison to other applications received during the same round. Please review our stated entry requirements to ensure you meet or exceed them before submitting your application.
International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.
How to Apply
To apply for a postgraduate taught degree you must apply online. We cannot accept applications any other way.
Please check you meet the Entry requirements for this programme before you begin your application.
As part of your online application, you also need to submit the following supporting documents:
- A copy (or copies) of your official degree certificate(s) (if you have already completed your degree)
- A copy (or copies) of your official academic transcript(s), showing full details of subjects studied and grades/marks obtained
- Official English translations of the certificate(s) and transcript(s)
- One reference letter on headed paper
- Evidence of your English language ability (if your first language is not English)
- Any additional documents required for this programme (see Entry requirements for this programme)
- A copy of the photo page of your passport (Non-EU students only)
You have 42 days to submit your application once you begin the process.
You may save and return to your application as many times as you wish to update information, complete sections or upload supporting documents such as your final transcript or your language test.