International Economics, Finance and Development MSc
Why choose this course
The global world of business is significantly influenced and affected by international developments in the economic and financial markets.
Our MSc International Economics, Finance and Development is based in one of the top economics schools in the UK. The course will provide you with an advanced understanding of core economics principles, looking closely at international trade, finance and the market frictions affecting developing economies.
What you will study
Our MSc International Economics, Finance and Development focuses on two specific areas, in addition to providing a thorough understanding of microeconomics, macroeconomics and econometrics.
The first area develops expertise in the fields of international trade and international finance, with particular emphasis on the role these have in economic development. The second area focuses on financial frictions faced by developing and emerging economies.
You will also cover stabilisation policy, adjustment and economic liberalisation, and study the principal sources of external finance for developing countries.
If you want to work in research and or policy-making in international organisations and think-tanks focused on development issues, you will find this course particularly relevant.
MANDILARAS Alexandros (Economics)
Terms and conditions
When you accept an offer of a place at the University of Surrey, you are agreeing to comply with our policies and regulations, and our terms and conditions. These terms and conditions are provided in two stages: first when we make an offer and second when students who have accepted their offers register to study at the University. View our offer terms and conditions and our generic registration terms and conditions (PDF) as a guide as to what to expect.
Please note: our offer terms and conditions will be available in the September of the calendar year prior to the year in which you begin your studies. Our registration terms and conditions will vary to take into account specifics of your course.
This online prospectus has been prepared and published in advance of the academic year to which it applies. The University of Surrey has used its reasonable efforts to ensure that the information is accurate at the time of publishing, but changes (for example to course content or additional costs) may occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for a course with us. Read more.
Modules listed are indicative, reflecting the information available at the time of publication. Please note that modules may be subject to teaching availability, student demand and/or class size caps.
The University operates a credit framework for all taught programmes based on a 15-credit tariff. Modules can be either 15, 30, 45 or 60 credits, and additionally for some masters dissertations, 90 credits.
The structure of our programmes follows clear educational aims that are tailored to each programme. These are all outlined in the programme specifications which include further details such as the learning outcomes:
Year 1 (full-time)
Year 1 (part-time)
Timetables are normally available one month before the start of the semester. Please note that while we make every effort to ensure that timetables are as student-friendly as possible, scheduled teaching can take place on any day of the week (Monday–Friday). Wednesday afternoons are normally reserved for sports and cultural activities. Part-time classes are normally scheduled on one or two days per week, details of which can be obtained from the course administrators. View our Timetabling Policy (PDF).
Learning and disability
We have two services, Academic Skills and Development and the Disability and Neurodiversity Service which can help develop your learning.
Academic Skills and Development
Academic Skills and Development is a learning space in the Library where our learning development team is based. It comprises dedicated Student Learning Advisers and Information Skills Librarians who can help you develop your academic and research skills, including writing, presenting, revision and critical thinking.
Find out more about the study support available.
Disability and Neurodiversity Service
The University’s Disability and Neurodiversity Service supports students with disabilities, long-term health conditions, specific learning differences (such as dyslexia and dyspraxia) and other neurodiverse conditions (including autism spectrum and attention deficit disorder).
If you tell us about any conditions and register with us, we can give you appropriate support during your studies.
We can arrange exam and learning support adjustments, give advice on applications for the Disabled Students' Allowance, and test you for dyslexia and dyspraxia. We can also offer regular study skills and mentoring support.
English language support
Our English Language Support Programme (ELSP) provides tailored English language support during your studies. It is particularly valuable to students who speak English as a second or additional language, but native speakers are also welcome.
Applicants should normally hold a minimum of a high UK 2:2 or overseas equivalent in single honours Economics.
Applicants who have a joint degree in Economics and a related discipline, or a degree in Mathematics, Statistics, Physics, Chemistry, Engineering or Computer Science should normally hold a UK 2:1 degree or overseas equivalent.
Alternatively we will consider a UK 2:1 or overseas equivalent in another subject if you achieve above 60 per cent (UK grading or overseas equivalent) in Macroeconomics and Microeconomics modules and one other module from Algebra, Calculus, Mathematics, Probability, Quantitative Methods or Statistics.
Applicants with a 2:1 degree or overseas equivalent in other subjects who have substantial work experience in the field of their desired specialisation will also be considered.
View entry requirements by country
English language requirements
IELTS Academic: 6.5 overall with 6.0 in each element.
View the other English language qualifications that we accept.
If you do not currently meet the level required for your programme, we offer intensive pre-sessional English language courses, designed to take you to the level of English ability and skill required for your studies here.
The University of Surrey recognises that many students enter their higher education course with valuable knowledge and skills developed through a range of professional, vocational and community contexts. If this applies to you, a process called recognition of prior learning (RPL) may allow you to enter your course at a point appropriate to your previous learning and experience, or to join the start of a course without the formal entry requirements. This means that you may be exempt from certain elements of study in the course for which you have applied and be awarded credit based on your previous qualifications/experience. There are restrictions on RPL for some courses and fees may be payable for certain claims.
Please see the code of practice for recognition of prior learning and prior credit: taught programmes (PDF) for further information. Please email Admissions with any queries.
- These fees apply to students commencing study in the academic year 2019-20 only. Fees for new starters are reviewed annually.
- If you are on a two-year or three-year part-time structured masters course, the annual fee is payable in Year 1 and Year 2 of the course.
There are associated costs with this programme:
- £35/£75 - STATA software licence (6 or 12 months)
- £35 - Eviews student software licence (free lite version available).
Grand total: £70-110.
Scholarships and bursaries
We're committed to making sure that we offer support for students who might need it.