Department of Economics

MSc Development Economics

Key information

Duration
One calendar year (full-time), two years (part-time, daytime only), three years (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.
Start of programme
September intake only
Attendance mode
Full-time or part-time
Location
Russell Square, College Buildings
Fees

Home student fees: £14,550 per year
Overseas student fees: £24,750 per year

Please note that fees go up each year. 
See postgraduate fees for further details.

Entry requirements

We will consider all applications with a 2:2 (or international equivalent) or higher in Economics.

 

Afghanistan: Qualifications (Bachelor equivalency): Master's degree

Equivalent to 2:ii: 80% or 3.3/4.0 

Argentina: Qualifications (Bachelor equivalency): Titulo / Grado de Licenciado

Equivalent to 2:ii: 7/10

Information for prospective students from Argentina

Australia: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 2:2 or Credit or 65%

Information for prospective students from Australia

Austria: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 2.5/5.0 and overall Pass (Bestanden)

Bahrain: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 75% or GPA 3.0/4.0

Information for prospective students from Bahrain

Bangladesh: Qualifications (Bachelor equivalency): Bachelor’s from Bangladesh University of Engineering and Technology or Master's degree

Equivalent to 2:ii: 60% or GPA 3.0/4.0

Information for prospective students from Bangladesh

Belgium: Qualifications (Bachelor equivalency): Licentiaat or Licencié

Equivalent to 2:ii: 13/20 or 65%

Information for prospective students from Belgium

Botswana: Qualifications (Bachelor equivalency): Bachelor degree (5-year) or Master's from University of Botswana

Equivalent to 2:ii: GPA 3.5/5.0 or 65% or B- or Good

Brazil: Qualifications (Bachelor equivalency): Título de Bacharel / Título de Licenciado (4-year)

Equivalent to 2:ii: 7/10 or 70%

Information for prospective students from Brazil

Brunei: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: Lower Second Class Honours with 50% overall

Information for prospective students from Brunei

Bulgaria: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 4.3/6

Information for prospective students from Bulgaria

Cameroon: Qualifications (Bachelor equivalency): Diplôme d'Ingénieur/ Diplôme d'Études Supérieures de Commerce (5-year)

Equivalent to 2:ii: 12-13 assez bien (fair); 70-74; or B+

Canada: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: GPA 3.0/4.0 or 74-77% or overall B

Information for prospective students from Canada

China Qualifications (Bachelor equivalency): Bachelor degree (4-year)

Equivalent to 2:ii: 
73% or 2.6/4.0 (C9 unis)
75% or 2.8/4.0 (Double First unis)
80% or 3.25/4.0 (all other unis)

Information for prospective students from China

Colombia: Qualifications (Bachelor equivalency): Licenciado / Titulo (4-year) 

Equivalent to 2:ii: 3.5/5.0

Information for prospective students from Colombia

Croatia: Qualifications (Bachelor equivalency): Baccalaureus / Baccalaurea (Bachelor degree)

Equivalent to 2:ii: Overall score 3/5

Cyprus: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 6.5/10

Czech Republic: Qualifications (Bachelor equivalency): Bachelor degree (180 ECTS)

Equivalent to 2:ii: 1.75/4.0 or High C 'dobre’ (good)

Information for prospective students from the Czech Republic

Denmark: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 7/12 or 8/13 or grade C

Information for prospective students from the Denmark

Egypt: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 70% or 3.0/4.0

Information for prospective students from Egypt

Estonia: Qualifications (Bachelor equivalency): Bakalaurusekraad / University Specialist's Diploma / Professional Higher Education Diploma

Equivalent to 2:ii: 4.0/5.0

Finland: Qualifications (Bachelor equivalency): Bachelor / Kandidaatti / Kandidat (180 ECTS credits)

Equivalent to 2:ii: 3/5 or 2/3

France: Qualifications (Bachelor equivalency): Licence or Diplôme from a grande école

Equivalent to 2:ii: 11.5 out 20

Information for prospective students from France

Gambia: Qualifications (Bachelor equivalency): Master's degree (2-year)

Equivalent to 2:ii: GPA 3.0/4.3 or 64% or B

Germany: Qualifications (Bachelor equivalency): Bachelor degree (180 ECTS)

Equivalent to 2:ii: 2.6/5

Information for prospective students from Germany

Ghana: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 2:2 (Second Class Lower Division) or GPA 3.25/5.0 or 60%

Information for prospective students from Ghana

Greece: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 6.50/10

Information for prospective students from Greece

Hong Kong: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: Upper second class or GPA 2.7/4.0 or 75% or B Minus

Information for prospective students from Hong Kong

Hungary: Qualifications (Bachelor equivalency): Bachelor (Alapfokozat) or Diploma (Egyetemi Oklevél)

Equivalent to 2:ii: 3.5/5.0

Iceland: Qualifications (Bachelor equivalency): Bachelor degree (Baccalaureus or Bakkalarprof)

Equivalent to 2:ii: 7.0 out of 10

India: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: CGPA: 55-60% or 5.5/10 - 6.0/10

Information for prospective students from India

Iraq: Qualifications (Bachelor equivalency): Bachelor degree (Licence/Karshani)

Equivalent to 2:ii: 0.7

Israel: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 70% or C+

Information for prospective students from Israel

Italy: Qualifications (Bachelor equivalency): Laurea (180 ECTS)

Equivalent to 2:ii: 100/110

Information for prospective students from Italy

Japan: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 70% or C+ or 3.0

Information for prospective students from Japan

Jordan: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 3.0/4.0 or 70%

Information for prospective students from Jordan

Kazakhstan: Qualifications (Bachelor equivalency): Bachelors (Bakalavr Diplomi) or Specialist Diploma

Equivalent to 2:ii: GPA 3.0/4.0 or GPA 4.0/5.0 or B

Information for prospective students from Kazakhstan

Kenya: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 2:2 or 60%

Information for prospective students from Kenya

Kuwait: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 3.0/

Information for prospective students from Kuwait

Latvia: Qualifications (Bachelor equivalency): Bakalaura Diploms (Bachelor's) or Profesionālā Bakalaura Diploms

Equivalent to 2:ii: 7/10

Lebanon: Qualifications (Bachelor equivalency): Bachelor degree / Licence

Equivalent to 2:ii: 75% or Grade B-/C+ or GPA 2.8/4.0 or 14/20

Information for prospective students from Lebanon

Liberia: Qualifications (Bachelor equivalency): Master's degree

Equivalent to 2:ii: 75% or 2.8/4.0

Libya: Qualifications (Bachelor equivalency): Bachelor Degree from selected institution

Equivalent to 2:ii: 75% or GPA 3.0/4.0

Lithuania: Qualifications (Bachelor equivalency): Bachelors / Bakalauro (180 ECTS)

Equivalent to 2:ii: 7.5/10

Information for prospective students from Lithuania

Malawi: Qualifications (Bachelor equivalency): Master's degree

Equivalent to 2:ii: 70% or GPA 3.0/4.0

Malaysia: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 3.0/4.0 or B (Class 2 Division 2)

Information for prospective students from Malaysia

Malta: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: Lower Second Class with 65% or Category IIB

Mexico: Qualifications (Bachelor equivalency): Titulo de Licenciado

Equivalent to 2:ii: 8/10 or 80%

Information for prospective students from Mexico

Morocco: Qualifications (Bachelor equivalency): Licence / Licence d'Etudes Fondamentales / Licence Professionnelle

Equivalent to 2:ii: 13/20

Information for prospective students from Morocco

Nepal: Qualifications (Bachelor equivalency): Master's degree / Bachelor degree (4-year)

Equivalent to 2:ii: 70%

Information for prospective students from Nepal

Netherlands: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 6.5/10 or GPA 3.0

Information for prospective students from the Netherlands

New Zealand: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: Majority of credited modules B- or above

Nigeria: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: Lower Second Class or 55% or GPA 3.0/5.0 or 2.5/4.0 or 4.0/7.0

Information for prospective students from Nigeria

Norway: Qualifications (Bachelor equivalency): Bachelors / Bachelorgrad (180 ECTS) or Candidatus /a magisterii

Equivalent to 2:ii: Grade C (with at least 80 ECTS) at grade B or 3.2

Information for prospective students from Norway

Oman: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 3.0/4.0

Information for prospective students from Oman

Pakistan: Qualifications (Bachelor equivalency): Bachelor (4-year) / Master's from HEC recognised institution

Equivalent to 2:ii: CGPA 2.7 or 65%

Information for prospective students from Pakistan

Philippines: Qualifications (Bachelor equivalency): Master’s from recognised institution or Centre of Excellence / Bachelor from prestigious institution or Centre of Excellence

Equivalent to 2:ii:
Prestigous Universities: GPA 3.3/4.0 or 1.75/5.0 or Grade B or 83%
Recognised Universities: GPA 3.5/4.0 or 2.0/5.0 or Grade B or 87%

Poland: Qualifications (Bachelor equivalency): Licencjat or Inżynier (3-year)

Equivalent to 2:ii: 4.25/5

Information for prospective students from Poland

Portugal: Qualifications (Bachelor equivalency): Licenciado (180 ECTS)

Equivalent to 2:ii: 15/20

Qatar: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: GPA 3.0/4.0 or 3.5/5.0 or 70% or 7/10

Information for prospective students from Qatar

Romania: Qualifications (Bachelor equivalency): Diplomă de Licenţă / Diplomă de Inginer / Diplomă de Urbanist Diplomat

Equivalent to 2:ii: 8/10

Information for prospective students from Romania

Russia: Qualifications (Bachelor equivalency): Diplom Bakalavra or Specialist Diploma

Equivalent to 2:ii: 3.8/5.0

Information for prospective students from Russia

Rwanda: Qualifications (Bachelor equivalency): Bachelor (4-year)

Equivalent to 2:ii: Lower Second Class Honours or 65-69% or 14/20

Saudi Arabia: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: GPA of 3.0/4.0 or 3.5/5.0 or overall 70%

Information for prospective students from Saudi Arabia

Singapore: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: CAP 3.5/5.0 or 3.0/4.0

Information for prospective students from Singapore

Slovakia: Qualifications (Bachelor equivalency): Bakalár / Bachelor

Equivalent to 2:ii: 70% or 2.0 overall or C

South Africa: Qualifications (Bachelor equivalency): Bachelor (4-year)

Equivalent to 2:ii: 60%

Information for prospective students from South Africa

South Korea: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: GPA 2.7/4.0 or 3.0/4.3 or 3.3/4.5

Information for prospective students from South Korea

Spain: Qualifications (Bachelor equivalency): Título de Grado / Título de Licenciado / Título de Ingeniero / Titulo de Arquitecto

Equivalent to 2:ii: 6.5/10 or GPA 1.75/4.0

Information for prospective students from Spain

Sri Lanka: Qualifications (Bachelor equivalency): Bachelor Special Degree or Professional Degree (4-year)

Equivalent to 2:ii: 55% or 2:2 or GPA 3.0/4.0

Information for prospective students from Sri Lanka

Sudan: Qualifications (Bachelor equivalency): Bachelor (5-year)

Equivalent to 2:ii: 65%+ or B

Sweden: Qualifications (Bachelor equivalency): Bachelor degree / Kandidatexamen / Yrkesexamen

Equivalent to 2:ii: B (90 credits) and C (90 credits) or Very Good (70 credits) and Good (110 Credits) or C (180 credits)

Information for prospective students from Sweden

Switzerland: Qualifications (Bachelor equivalency): Diplom / Diplôme / Lizentiat / Staatsdiplom / Diplôme d’Etat

Equivalent to 2:ii: Overall 4.5/6 or 7/10 or 2.5/5

Information for prospective students from Switzerland

Syria: Qualifications (Bachelor equivalency): Licence / al-ijaza-fi / Bachelor

Equivalent to 2:ii: 70%+ or 'Good'

Taiwan: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 68-70% or GPA 2.8/4.0-3.0/4.0

Information for prospective students from Taiwan

Thailand: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: GPA 3.0/4.0

Information for prospective students from Thailand

Tunisia: Qualifications (Bachelor equivalency): Diplôme National d'Ingénieur / Diplôme National d'Architecture / Licence / Maîtrise

Equivalent to 2:ii: 12 out of 20

Turkey: Qualifications (Bachelor equivalency): Lisans Diplomasi

Equivalent to 2:ii: GPA 2.6/4 from the top universities and 3.0/4 from all others

Information for prospective students from Turkey

Uganda: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 2:2 (Lower Second) or B or GPA 3.0/5.0

Information for prospective students from Uganda

Ukraine: Qualifications (Bachelor equivalency): Bachelor degree or Specialist Diploma

Equivalent to 2:ii: 8/12 or 3.8/5

United Arab Emirates: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: GPA 3.0/4.0 or 3.2/5.0

Information for prospective students from the United Arab Emirates

United States of America: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: GPA 3.0/4.0

Information for prospective students from the USA

Vietnam: Qualifications (Bachelor equivalency): Bachelor degree (4-year)

Equivalent to 2:ii: Overall score of 6.5/10

Information for prospective students from Vietnam

Yemen: Qualifications (Bachelor equivalency): Master's degree

Equivalent to 2:ii: Overall 'Good' (71-77%) or Aden University 80-83% (or 3.0/4.0)

Zambia: Qualifications (Bachelor equivalency): Master's degree

Equivalent to 2:ii: 65% or B or Credit or GPA 1.7/2.5 or 3.3/5.0

Zimbabwe: Qualifications (Bachelor equivalency): Bachelor degree

Equivalent to 2:ii: 2:2 or 65%

Information for prospective students from Zimbabwe

We will consider all applications with a 2:2 (or international equivalent) or higher in Economics. In addition to degree classification we take into account other elements of the application such as supporting statement. References are optional, but can help build a stronger application if you fall below the 2:2 requirement or have non-traditional qualifications.

See postgraduate entry requirements for Overseas and EU qualifications and equivalencies.

Course overview

The MSc Development Economics is the flagship Master's programme offered by the SOAS Economics Department. It combines the two core intellectual traditions nurtured for decades in our unique Department: a pluralist approach to economics and a focus on real-world development issues. If you are interested in understanding how the global economy works, what economic challenges and opportunities countries in the Global South face, and what to do about intensifying inequalities and ecological breakdown, the MSc Development Economics is for you.

In macroeconomics, students engage with different schools of macroeconomic thought on issues like inflation, unemployment, inequality, money creation, climate change and macroeconomic policy. In microeconomics, different theoretical perspectives on issues like market failures, risk, market structures and production are compared and contrasted. In development economics, students are introduced to economic theories and policies for development through a historical, pluralist and decolonial approach. A range of optional regional modules allow students to engage with regional perspectives, based on the tradition of SOAS. In addition, gender and ecological issues are taught across both core and specialised modules.

Why study MSc Development Economics at SOAS?

  • we are ranked 8th in UK for student satisfaction with teaching (Guardian League Tables 2022)
  • 5th in London (Complete University Guide 2022)
  • it provides rigorous and pluralist training in economics with a focus on development
  • it advances a Global South perspective on real-world economic issues for a changing world
  • it addresses intersecting inequalities and ecological challenges across foundational modules and optional ones
  • it provides R coding and quantitative skills

Structure

The MSc Development Economics is a taught Masters degree. It consists of eight modules delivered through lectures, classes, and tutorials and an 10,000-word dissertation. The degree is awarded on the basis of examinations written in May and a dissertation which is submitted in September. All students must complete the compulsory Prliminary cours in Mathematics and Statistics which is taught over three weeks in August/ September before the start of the core modules of the MSc.

A complete list of optional modules in the programme is listed below, not all of which are offered in any single year.

Important notice

The information on the programme page reflects the intended programme structure against the given academic session. If you are a current student you can find structure information on the previous year link at the top of the page or through your Department. Please read the important notice regarding changes to programmes and modules.

Core modules

Guided options

All students will take optional modules to the value of 45 credits from the list of modules below. Students with a strong background in Econometrics have the option of not taking Econometrics (Term 1 core module) and taking instead optional modules to the value of 60 credits. 

Teaching and learning

The MSc includes eight taught modules plus a preliminary course in Mathematics and Statistics and an 10,000-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 or three years. Four modules are studied each year, with the dissertation normally being completed in the second year.

Contact hours

All Masters programmes consist of 180 credits, made up of taught modules of 30 or 15 credits, taught over 10 or 20 weeks, and a dissertation of 60 credits. The programme structure shows which modules are compulsory and which optional.

As a rough guide, 1 credit equals approximately 10 hours of work. Most of this will be independent study, including reading and research, preparing coursework, revising for examinations and so on. It will also include class time, which may include lectures, seminars and other classes. Some subjects, such as learning a language, have more class time than others. In the Department of Economics, most postgraduate modules have a two hour lecture and a one hour seminar every week, but this does vary.

More information is on the page for each module.

Lectures

Most modules involve a 2-hour lecture as a key component with linked seminar or 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 a 10,000-word dissertation in applied economics.

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

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. They focus on applying basic methods used in empirical research and 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.

The compulsory Preliminary Maths and Statistics course will be offered on the SOAS Moodle/BLE online platform. The objective of the course is to review the basic quantitative skills assumed once formal teaching commences. Students will be enrolled on the Module from July 2022 onwards. Students will be required to take the course and complete the exam prior to their arrival at SOAS. Limited support via office hours will be offered by the lecturer during September 2022.

More information about Preliminary Mathematics and Statistics

Fees and funding

Fees for 2022/23 entrants, per academic year (Band 2 tuition fee)

Full-time Part-time 2 years Part-time 3 years
Home students Overseas students Home students Overseas students Home students Overseas students
£14,550 £24,750 £7,275 £12,375 £4,850 £8,250

Fees go up each year, therefore your tuition fee in your second and subsequent years of study will be higher.

Our continuing students, on the same degree programme, are protected from annual increases higher than 5%. See postgraduate fees for further details.

Employment

The MSc in Development Economics - and the critical approach to economic and development issues it provides - is a gateway to various job opportunities in international organisations, governments, NGOs and private companies. The advanced nature of the programme also serves as an excellent foundation for PhD studies.

Recent graduates have been hired by:

  • Bain & Co
  • Bank of America
  • Cabinet Office
  • Deloitte
  • Ernst & Young
  • HM Treasury
  • KPMG
  • NHS England
  • Foreign and Commonwealth Office
  • Department for Business, Energy and Industrial Strategy
  • HSBC
  • National Institute of Public Finance and Policy, New Delhi
  • UK Civil Service
  • United Nations High Commissioner for Refugees (UNHCR)
  • University of Bayreuth
  • HM Treasury
  • Department for International Development
  • PwC
  • UNDP
  • King’s Investment Fund
  • Foreign and Commonwealth Office
  • The World Bank
  • EY
  • British Chamber of Commerce
  • Oxfam
  • RBS

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