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: £12,220 per year
Overseas student fees: £25,320 per year

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

Course code
L1S1
Entry requirements

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) in Economics and other Social Sciences (such as Politics, Sociology, Finance, Business, International Relations, Law), as well as Mathematics, Physics, Statistics, or Engineering. Applicants with professional qualifications or relevant professional experience will also be considered. Applicants will need to demonstrate they have studied Economic theory (including Macroeconomics and Microeconomics) and ONE of the following: Mathematics, Applied Mathematics, Quantitative Methods (Statistics or Econometrics).

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 international entry requirements and English language requirements

Course overview

The MSc Development Economics is the flagship Master's programme offered by the SOAS Economics Department.

It integrates two fundamental intellectual traditions that our unique Department has cultivated for decades: a rigorous pluralist theoretical approach to economics and a focus on real-world development issues using modern economic analytical tools.

If you are interested in understanding the complexities of the global economy, the economic challenges and opportunities confronting countries in the Global South and addressing issues such as poverty, inequalities, climate change and environmental breakdown, and other significant development challenges, the MSc Development Economics is the ideal choice for you.

Participants will delve into various schools of thought concerning economic growth and development, inflation, unemployment, inequality, money creation, climate change, and macroeconomic policy. The curriculum encompasses different perspectives on topics like market failures, the role of institutions and agents in the economy and government interventions. Students will explore theories and policies through institutional, historical, and pluralist lenses.

Optional regional modules provide an avenue for students to explore regional perspectives, aligning with the longstanding tradition of SOAS Economics. Furthermore, participants have the opportunity to specialize in one of three areas: 1) Development Economics and International Finance, 2) Development Economics and the Environment, and 3) Development Economics and Institutions. This specialization is achieved through the selection of specific optional modules and the completion of a dissertation on a related topic.

 

Global Partnerships

Programme participants are eligible to apply for a co-supervised dissertation, collaborating with members of the Economics department and leading experts from international organizations. Such organizations include the World Bank, the International Trade Centre (ITC), the United Nations Industrial Development Organization (UNIDO), the United Nations Conference on Trade and Development (UNCTAD) and the International Labour Organization (ILO).

In addition, this programme is offered as part of a dual master's degree with Johns Hopkins University School of Advanced International Studies (SAIS). Through the dual Master's, students can spend the first year studying at SAIS and the second year at SOAS or vice versa and gain a Master's award from each institution. For more information about the eligible programmes included in the dual masters, please see the SOAS-SAIS partnership on the Global Partnerships website.

 

Why study MSc Development Economics at SOAS?

· We are ranked 27th in the UK for economics (QS World University Rankings 2023)

· We are top 20 in the UK for student satisfaction with teaching (Complete University Guide 2023)

· We are top 40 in the UK for economics (Complete University Guide 2023)

· SOAS is ranked 6th in the UK for employment outcomes (QS World University Rankings 2023)

Structure

The MSc Development Economics is a taught Master’s degree. It consists of eight taught modules, four compulsory modules and four optional (Guided Options) modules, each worth 15 credits. In addition, a 10,000-word dissertation focusing on development economics theory, policy and or a specific line of specialisation accounts for 60 credits. The modules are delivered through lectures, classes, seminars and tutorials.

The degree is awarded based on examinations written in May and a dissertation which is submitted in September. All students must complete the compulsory Preliminary course in Mathematics and Statistics which is taught over three weeks in August/ September before the start of the core modules.

A complete list of optional (Guided Options) modules is listed below.

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 (60 credits)

Guided options (60 credits)

All students should take optional modules (Guided Options) for a total of 60 credits from the list below.(subject to availability)

List of Specialisms

Economics and Institutions

Economics of Environment

International Finance

Teaching and learning

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.

More information is on the page for each module.

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

Scholarships

Title Deadline date
Felix Non-Indian Scholarship
Felix Scholarships
Tibawi Trust Award
Sasakawa Studentships
SOAS Master's Scholarships
Joint Japan World Bank Graduate Scholarship Programme

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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