Economic & Financial Sector Policies MSc

This Masters programme is oriented towards a developing country context and is designed for the needs of economists within central banks and ministries of finance in developing countries or within international organisations, aid agencies or financial institutions having links with developing countries.

Student testimonial by Charles Kamtoh

  • You will be encouraged to attend the Economics seminar series.
  • The programme is offered by the Centre for Development Studies, a leading institution in the UK for postgraduate study and research in the area of economic development. 
  • Economics in the Adam Smith Business School at Glasgow is ranked in the top 10% worldwide in the fields of central banking, economics of strategic management, European economics, efficiency and productivity, financial development and growth, finance, financial markets, forecasting, international finance, international trade, macroeconomics, monetary economics, open macroeconomics, public economics, and transition economics.
  • 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.

Programme overview

  • MSc: 12 months full-time;

You will take five core courses and select two optional courses.

Core courses

  • Financial institutions and markets in developing countries
  • International macro economics and policy 
  • International finance and money 
  • Money, finance and growth 
  • Research methods and dissertation training (a non-credit bearing course).

Optional courses

  • Aid and development
  • Basic econometrics
  • Financial sector stability and growth
  • Financial services
  • Foreign direct investment and development
  • International trade
  • Modelling and forecasting financial markets
  • Project planning, appraisal and implementation
  • The IMF, World Bank and economic growth.

You will also write a dissertation of between 12,000 and 15,000 words.

Career prospects

On graduation you will be qualified for careers as economists within financial institutions or governmental agencies in developing countries. If you already hold a professional post, the programme will expand and update your knowledge.

Further information: Adam Smith Business School
email: business-economics@glasgow.ac.uk

Academic entry requirements

You should have at least a 2:1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in economics or in a related subject such as Finance, Accounting or Management, with at least 3 credit-bearing courses in economics or finance.

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

Further information regarding academic entry requirements: student.recruitment@glasgow.ac.uk

English language requirements

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic module (not General Training):

  • overall score 6.5
  • no sub-test less than 6.0, with writing at 6.5
  • or equivalent scores in another recognised qualification (see below)
     

Common equivalent English language qualifications:

  • ibTOEFL: 115; minimum Listening: 28; Reading: 29; Writing: 30; Speaking:26

Pre-sessional courses
The University of Glasgow accepts evidence of the required language level from the Language Centre Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

FAQs

What do I do if...

my language qualifications are below the requirements?

The University's Language Centre offers a range of Pre-Sessional Courses to bring you up to entry level. The course is accredited by BALEAP, the UK professional association for academic English teaching; see Links.

my language qualifications are not listed here?

Please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk

If you require a Tier 4 student visa, your qualification must be one of the secure English language tests accepted by UK Border Agency:

my academic qualifications are below the requirements?

Glasgow International College offers Foundation courses to upgrade your academic qualifications.

Visa requirements and proof of English language level

It is a visa requirement to provide information on your level of English based on an internationally recognised and secure English language test. All test reports must be no more than 2 years old. A list of these can be found on the UK Border Agency website. If you have never taken one of these tests before, you can get an initial idea of your level by using the Common European Framework self-assessment grid which gives you a level for each skill (e.g. listening B1/writing B2 etc.) However, please note that this is not a secure English language test and it is not sufficient evidence of your level of English for visa requirements.

If you require a Tier 4 student visa, your qualification must be one of the secure English language tests accepted by UK Border Agency:

For further information about English language requirements, please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk

Business School deposits

A £2,000 deposit is requested for this programme from International (beyond the EU) applicants who are eligible for an offer to this programme (deposits are specifically requested from international applicants who require a Certificate of Acceptance to Study (CAS) Letter from the University in order that they can apply for visas. The deposit indicates the applicants commitment to study at Glasgow and is a prerequisite to issuing the CAS letters).

The deposit is redeemable against your overall tuition fee, and helps the University ascertain which students are committed to attend the University in September 2013.

Deposits are accepted on a first-come, first-served basis and you should note that the courses may close before the deposit deadline if all available places are taken.

Terms and Conditions

The £2,000 deposit may be refunded in certain circumstances, minus a £200 handling fee. Each individual request for repayment will be considered, but the following guidelines will apply:

Deposits WILL be refunded to applicants under the following circumstances:

  1. Where the applicant has personal circumstances such as illness, bereavement or other family situations that has prevented them coming to the UK. Medical or other proof may be requested.
  2. Applicant can prove that they have applied for a Visa to attend the University of Glasgow, but this has been refused. The applicant must have shown ‘real intent’ to study at the University of Glasgow but has been unable to get their visa;
  3. Applicant does not meet the academic or language test conditions of his / her offer – please note that evidence must be provided that indicates a reasonable attempt was made to meet language conditions.

Deposits WILL NOT be refunded to applicants under the following circumstances:

  1. Applicant decides to go to another institution;
  2. Applicant cannot be released from work to study at the University of Glasgow;
  3. Applicant does not send completed documentation as requested in the condition of the offer – this may be required in order to prove that the conditions of offer have not been met for academic or language test reasons – failure to respond to requests for this information will result in non-repayment of deposit;
  4. Applicant has not secured funding to attend the University of Glasgow  – this may be as a result of not being successful in applications for scholarships, OR simply not having sufficient funds in bank at time of visa application. This condition will apply unless it can be proven that there are clear mitigating circumstances which have significantly changed the individual’s position since the time of application

Should a situation arise whereby an applicant cannot be accepted, either due to an error on the part of the University, or if the course has reached its maximum capacity by the time the deposit is received, then the deposit will be refunded in full (without deduction of a handling fee).

For 2013-14

MSc

Home and EU
Full time fee£6350
International
Full time fee£13000