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MSc PG Dip International Finance and Economic Development

  • DeadlineStudy Details:

    MSc, PGDip Full-time 12 months, Part-time 24 months

Course Description

The connections between finance and development are crucial to the growth prospects of developing and emerging economies. They are also the focus of some of the most interesting intellectual developments of recent decades. Our new MSc International Finance and Economic Development provides students with a solid understanding of the key economic and financial issues involved in economic development, including: issues in economic development such as rural development and urbanisation, industrialisation, the informal sector, the international context of development and policies for trade and growth, and the role of foreign aid, issues in development such as credit markets, insurance, health care, gender issues and education, finance and development, with particular reference to emerging economies, the international monetary and financial system and how this impinges on developing and emerging economies.

Entry Requirements

A good Honours degree (first or second class) or its non-UK equivalent in a relevant subject from a recognised British or overseas university. English language requirements If your first language is not English, or your first degree was not taught in English, we’ll need to see evidence of your English language ability. The minimum requirement for English language is IELTS 6.5 (or equivalent) with no component lower than 6.0.

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Fees

Scot/Non-UK EU: £6,210 Eng/N.Ireland/Wales: £7,330 Overseas: £13,500

Module Details

The MSc dissertation is undertaken between May and August.

International Finance Semester 1 (mandatory) Traditional and modern theories of exchange rate determination are reviewed. The role of price, money and interest rate fundamentals for real and/or nominal exchange rates are examined along with the role of risk in the foreign exchange market. Monetary unions are examined and analysis of the foreign exchange market microstructure undertaken. The problem of financial crises, why they are transmitted across countries and the policy implications of the crisis are also looked at.

Development Economics 1 Semester 1 (mandatory) Focuses on the problems and prospects of economic development in developing countries including leading research themes and public policy debates in development; key issues in urbanisation and industrialisation, famine and poverty; as well as an analysis of policies for improving growth in developing economies.

Emerging Financial Markets Semester 2 (mandatory) Supplements understanding of mainstream finance during the year, and applies it to the specific circumstances of emerging financial markets. This exposure is also designed to assist you with identifying possible dissertation topics and data sources. Development Economics 2 Semester 2 (mandatory) Looks at specific economic problems faced by developing countries including population growth and gender gap; credit markets (rural and urban), informal credit markets; insurance markets, limits to insurance and risks; foreign aid and its effectiveness; health care; issues in education; and child labour. Further information can be found at: http://www.postgraduate.hw.ac.uk/prog/msc-international-finance-and-economic-development/?utm_source=MastersCompare&utm_medium=homepage_slot&utm_campaign=new_course_promo

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