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Finance and Economic Development MSc

Finance and Economic Development MSc

Different course options

Study mode

Full time


1 year

Start date


Key information

Qualification type

MSc - Master of Science

Subject areas

Development Economics Finance / Accounting (General)

Course type


Course Summary

Finance & Economic Devlopment is designed for economics graduates who would like to develop an understanding of the nature of the differing institutional settings of financial systems and their effects on economic growth in developed and developing countries. This programme will help equip you for a career as an economist in public and private institutions concerned with economic development and finance capacity.


  • Finance & Economic Development will provide you with a good understanding of: the role of money and financial intermediation in economic growth; the rationale for financial repression and financial liberalisation; structures and social functions of monetary and financial systems in both developing and developed countries; operation of economic stabilisation and financial regulation; the role of appropriate institutions for financial development and international financial integration; financial and economic crisis and ways of promoting recovery and of preventing similar events in the future; tools which are used to evaluate the problem of moral hazard in relation to international rescue operations; how analytical frameworks can be used to evaluate strategies of growth and development.
  • This programme provides you with the empirical tools, data and software training that will enable you to do research in finance and economic development and help prepare you for your dissertation.
  • You will be taught by experts in the field, many of whom have worked with international and government organisations including the IMF, World Bank, UN, Asian Development Bank, Commonwealth Secretariat, central banks and government organisations in developing countries.
  • 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.


This programme will prepare you for careers in economic development as a government official, in international agencies or in other organisations concerned with economic development. Our graduates have taken up roles as research economists and senior economists, for example. 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.


Money, Finance and Growth - Core
Growth and Development - Core
Financial Institutions and Markets in Developing Countries - Core

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


International fees
Course fees for non-UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


Entry requirements

2:1 Honours Degree or equivalent in Economics or Finance, or related but with coverage of Economics (at least 15% of modules).

University information

The University of Glasgow is one of four ancient universities in Scotland, founded back in 1451. The university is part of the prestigious Russell Group, and is one of only two universities in the UK to be awarded a 5 Stars Plus by the QS University Rankings 2017. Alumni include seven Nobel Prize winners, Scotland’s First Minister and a Prime Minister, while Albert Einstein gave a lecture on the theory of relativity there back in 1933. The...more

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