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MSc International Economics, Finance and Development

Course Description

This programme combines an advanced understanding of core economic principles with a focus on international finance and developing economies.


At the University of Surrey, you will discover a School of Economics that enjoys a leading reputation for research and teaching built upon a commitment to theoretical and rigorously founded applied work.

One of the top Economics schools in the UK, we offer programmes that offer you a fundamental education in the skills necessary for using economics in your future career or in undertaking PhD research. They also allow opportunities for you to specialise in all aspects of the discipline, according to your own particular interests or career aspirations.

Visit the website http://www.surrey.ac.uk/postgraduate/international-economics-finance-and-development


As well as providing a thorough understanding of microeconomics, macroeconomics and econometrics, this programme focuses on two specific areas.

Firstly, the programme examines the relationship between international trade and international business. It explores the operations of transnational companies, international investment and the international transfer of technology.

Secondly, you will learn about international financial issues from the perspective of developing and emerging economies. This will involve examining not only stabilisation, adjustment and economic liberalisation, but also the principal sources of external finance for developing countries.

The programme will also provide you with training in research methodology and help you to develop the skills required to undertake independent research. The dissertation provides the opportunity to use these skills under individual supervision by an academic from within the School of Economics.

Programme structure

The programme consists of eight compulsory modules, a module in research methods and a dissertation. You will also study an initial week of Quantitative Methods Induction.

Compulsory modules:

- Microeconomics
- Macroeconomics
- Econometrics I
- International Trade Theory
- Econometrics II
- Theory of Finance
- Topics in Development Economics
- International Finance and Developing Economies

Teaching and assessment

Modules are usually assessed by coursework and examinations. Typically, the coursework accounts for 25 per cent of the marks and the examination for 75 per cent. Coursework may take various forms, including essays, class tests, exercises and presentations. The Research Methods component is part of the Dissertation module and is assessed by coursework. This includes a presentation and a research proposal for your chosen area of study for the dissertation.

Candidates are required to gain at least 120 credits from taught modules. They will then be allowed to proceed to the dissertation which contributes 60 credits to the overall MSc. Upon satisfactory completion of the dissertation, the candidate will have achieved the required minimum of 180 credits for the award of the MSc. The minimum number of credits for a Postgraduate Certificate is 60. The minimum number of credits for a Postgraduate Diploma is 120.

Find out how to apply here - http://www.surrey.ac.uk/apply/postgraduate

Visit the MSc International Economics, Finance and Development page on the University of Surrey website for more details!

Student Profiles

Discounts for Surrey graduates - No. of awards TBC

If you are a self-funded UK, EU or international student who has studied for an undergraduate degree at the University of Surrey campus in Guildford, you could be eligible for a ten per cent discount on our taught postgraduate Masters programme fees. This scheme is for applicable to Postgraduate Taught entry students only and is reviewed annually.Students who graduated in 2013 are eligible, as well as alumni from previous years, on receipt of evidence of the award from Surrey and where we can identify that you actually studied in Guildford. Students from SII-DUFE are eligible for this scheme.Associated Institution students are not eligible. Not available to modular self-pacing students.

Value of Scholarship(s)

10% tuition fee discount


If you are a self-funded UK, EU or international student who has studied for an undergraduate degree at the University of Surrey campus in Guildford

Application Procedure

If you have any enquiries regarding this matter please contact the Student Fees and Funding Office on [email protected]

Further Information


Entry Requirements

Applicants should normally hold a minimum of a Bachelors degree (a good UK 2.2) in economics or an equivalent qualification. Applicants without a Bachelors degree in economics should normally hold a 2:1 or equivalent qualification. Each applicant is assessed on their own merit.

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