Program Overview

MSc Development Finance

The MSc Development Finance master's degree explores key issues and challenges in finance for economic development in developing countries.

Overview

Study at one of the UK's leading universities for environmental and ethical performance, ranked 4th in the People and Planet University League. Examine key issues in development finance, conduct analysis of financial markets in emerging economies, financial sector reform, and policies and institutions to promote financial inclusion.

Learning Environment

Learn from academics conducting world-class research in global development, applied economics, and marketing. Current research, policy, and practice examples are used throughout the course, with many modules including external seminar speakers. Choose from a diverse range of modules to gain knowledge and skills for global change. Optional placements are available during semester 2.

Structure

• Compulsory Modules:
  • Development Finance: Examine the impact of domestic and international financial systems on economic development.
  • Microfinance: Critically review microfinance services for the rural and urban poor.
  • Appraisal of Agricultural and Rural Development Projects: Explore the role of project appraisal in development.
  • Dissertation: Independently research a topic of choice with guidance from an academic supervisor.
  • Development Economics: Explore the complex relationship between food and global development.
• Optional Modules:
  • Theories and Practices of Development: Explore contemporary theories and practices of international development.
  • Consumers, Producers, Markets and Trade: Apply microeconomic reasoning to analyze behaviors.
  • Food Security and Development: Explore the relationship between food and global development.
  • Econometrics: Learn to translate data, specify models, and conduct hypothesis testing.
  • Energy, Climate Change and Development: Explore social and economic factors behind climate change.
  • Poverty, Inequalities and Gender in Development: Explore poverty, inequality, and inclusive development.
  • Economics of Public Policy: Discover micro- and macro-economic tools for public policy analysis.
  • Economics of Financial Markets: Understand principles and concepts used in the study of financial markets.

Entry Requirements

• Normally a good undergraduate honours degree (high 2:2 or above) or equivalent.
• Relevant career experience is also welcome.
• Undergraduate degree must include a significant element of economics, accounting, or finance.
• Preliminary economics courses are recommended before commencing study.
• Personal statement demonstrating understanding of the course, motivation, and what you hope to achieve.
• Language requirements: IELTS 6.5 overall with no element less than 5.5 (or equivalent).

Fees

• New UK/Republic of Ireland students: Ł12,050 (full-time), increasing annually according to inflation.
• New international students: Ł26,450 (full-time), increasing annually according to inflation.
• Part-time study fees are 50% of the annual full-time fee in each year.

Careers

The MSc Development Finance degree prepares students for work in development finance institutions, financial programs of development organizations, trade and finance for international organizations, and the financial sector in development contexts. The program offers opportunities for networking through visiting speakers and field trips, competitive internships, placements, and research dissertations.