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Department of Economics

MSc Finance and Development

Duration: One calendar year (full-time) Two (part-time, daytime only). We recommend that part-time students have between two and a half and three days free in the week to pursue their course of study.

Overview

Minimum Entry Requirements: At least upper second class or equivalent in Economics OR a joint degree containing Economics PLUS work experience in financial markets and development.

Start of programme: September intake only

Who is this programme for?: This programme is designed for economists and financiers who are interested in exploring the relationship between national and international financial policies and practices and their impact on economic development. Anyone working, or wishing to work, for international organisations and/or in financial institutions with an interest in economic development would gain much from this programme.

The programme includes 8 modules in macroeconomics, microeconomics, quantitative methods, international finance, corporate finance, derivatives and capital markets and financial systems in the context of economic development. Students will also complete a 10,000-word dissertation.

All students must complete the Preliminary Mathematics and Statistics course which is taught over three weeks in August/September before the start of the MSc.

Structure

All courses are compulsory:

Programme Specification

Teaching & Learning

Teaching & Learning

The MSc includes eight taught modules plus a preliminary course in Mathematics and Statistics and an 8,000-word dissertation.

The courses are taught in seminar groups and lectures. The degrees are awarded on the basis of assessed coursework, examinations and the dissertation.

The MSc degrees are taught over a period of twelve months of full-time study within a structured programme. In the case of part-time study, the degrees will be taught over two years. Four modules are studied each year, with the dissertation normally being completed in the second year.

Lectures

Most courses involve a 50-minute lecture as a key component with linked tutorial classes.

Seminars

At Masters level there is particular emphasis on seminar work. Students make full-scale presentations and are expected to write papers that often require significant independent work.

Dissertation

Students are required to complete an 8,000-word dissertation in applied economics.

Learning Resources

SOAS Library

SOAS Library is one of the world's most important academic libraries for the study of Africa, Asia and the Middle East, attracting scholars from all over the world. The Library houses over 1.2 million volumes, together with significant archival holdings, special collections and a growing network of electronic resources.

Pre Entry Reading

Preliminary Mathematics and Statistics Course

Our MSc programmes attract students with a wide range of backgrounds including many who have worked for a few years before coming to SOAS. Our popular quantitative courses are designed to be accessible to all of our students including those with a relatively small quantitative component in their first degree. Our well-received quantitative courses focus on applying basic methods used in empirical research. They equip students to carry out their own high quality empirical work and critically evaluate research, with relatively little emphasis on advanced econometric theory and mathematical proofs.

Our quantitative methods teaching begins with a three-week preliminary course in mathematics, statistics and computing.
The objective of the course is to review the basic quantitative skills assumed once formal teaching commences. This course is compulsory. Click here for further details.

Destinations

A postgraduate degree in Finance and Development from SOAS equips students with a range of important skills to continue in the field of research as well as a portfolio of widely transferable employability skills valued by a wide range of employers.  

These include numeracy, analytical thinking and general skills such as organisation and effective communication skills.  Graduates will develop their regional expertise and understanding of issues of development and the international financial market. In addition the study of Economics gives students particular problem solving skills
including: abstraction, analysis, quantification, strategic thinking and adaptability.

Postgraduate students from the SOAS MSc in Finance and Development have followed successful careers in both academic work and also in international banking and financial analysis, in national governments in many parts of the world, in international development agencies and in a range of non-government organisations. A postgraduate degree is a valuable experience that provides students with a body of work and a diverse range of skills that they can use to market themselves with when they graduate.

For more information about Graduate Destinations from this department, please visit the Careers Service website.

A Student's Perspective

I chose to study at SOAS because it is a well recognised educational institution and a leader in the study of emerging regions of the world such as the Middle East, Africa and Asia which, in my view, is a necessity in a globalised world.

Bashir Ali