University of Glasgow

University of Glasgow

Finance and Economic Development

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. Students 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. Students are 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.

Entry requirements

Applicants require a 2.1 Honours degree or non-UK equivalent qualification (for example, Grade Point Average 3.0 or above) in Economics or a relevant subject containing a significant amount of economics. For applicants whose 1st language is not English, the University sets a minimum English language proficiency level, being IELTS overall 6.5 score (no sub-test less than 6.0), or equivalent scores in another recognised qualification.

Course modules

Students take 3 core courses, 3 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; the law and economics of sovereign debt regulation.

Assessment methods

Students write a dissertation of between 12,000-15,000 words.


Qualification Study mode Fee Course duration
MSc Full-time £ 7,000 per Academic year (home fees) 12 months
MSc Full-time £ 14,500 per Academic year (overseas fees) 12 months
MSc Full-time £ 7,000 per Academic year (EU fees) 12 months
MSc Part-time £ 739 per Credit module (home fees) 24 months
MSc Part-time £ 739 per Credit module (EU fees) 24 months

Campus details

Campus name Town Postcode Region Main campus Campus Partner
University of Glasgow Glasgow G12 8QQ Scotland

Key information

Business School
Telephone number: 
0141 330 5061