This exciting new Masters programme combines elements of our popular programmes, giving you the benefit of being exposed to a wide range of courses during the first semester, before having to choose your preferred path. In the second semester, you can then specialise in either finance (with a focus on developing countries) or development policy. The programme focuses on the economic analysis of issues primarily related to economic development and development policy.

Why this programme?

  • MSc Economic Development (with Finance and Policy Pathways) aims to:
    • Instil critical awareness of theories and practice within economic development, supported by the specialist knowledge gained through in-depth studies in the field of development, with an interdisciplinary focus
    • Give you the opportunity, material and experiences to develop an appetite towards critical enquiry and investigation, and an applied focus in the areas of economic development
    • Provide you with a skill base from which you can develop a curriculum, which supports you to actively engage in the labour market fields of economic development
    • Build on and enhance appropriate graduate attributes, including a range of transferable and specialist skills, to increase your career prospects in the field of economic development and prepare you for further study
  • It is ideally suited if you are interested in economic challenges and policies in developing countries. It is at the research frontier, with special attention devoted to the policy and practical implications of different theories.
  • This programme provides the empirical tools, data, and STATA software training that will enable you 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, and central banks.
  • 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.

Programme structure

You will take four core courses, which will differ depending on the pathway you take.

Core courses

  • Growth and Development
  • Development Policy
  • The Economics of Inequality and Deprivation
  • Understanding Development: a Multidisciplinary Approach
  • Money, Finance and Growth
  • Dissertation Gcds

Optional courses 

  • Aid and Development
  • Environmental Economics
  • Financial Institutions and Markets in Developing Countries
  • Policies for Sustainability and Development
  • Theory and Principles of Sustainability
  • Sustainability and Green Finance
  • The Economics of Migration*
  • Health Economics in Developing Countries*

*potential new course for 2022 - subject to change/approval

Programme alteration or discontinuation

The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme.

Career prospects

Recent graduates have gone on to work for the third and public sector in roles such as research analyst, development economist and consultant for governments, international organisations as well in the private and third sectors. 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.

Fees & Funding

Tuition fees for 2023-24:

MSc

  • UK - Full-time fee: £10560
  • International & EU - Full-time fee: £23520

Entry requirements

  • 2:1 Honours degree or non-UK equivalent in Economics, Finance, Development Studies or related discipline within Social Sciences and Humanities.
  • Your degree must contain 10% of credit bearing modules in Economics, Finance or statistics at 2:1 level of equivalent. Those who do not meet this coursework requirement may be considered if they have relevant work experience.

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.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.