Professor of Economics
Department of Economics
MSc International Finance and Development
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Key information
Key information
- 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.
- Start of programme
- September intake only
- Attendance mode
- Full-time or part-time
- Location
- Russell Square, College Buildings
- Fees
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Home student fees: £14,550 per year
Overseas student fees: £24,750 per yearPlease note that fees go up each year.
See postgraduate fees for further details. - Entry requirements
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Afghanistan: Qualifications (Bachelor equivalency): Master's degree
Equivalent to 2:ii: 80% or 3.3/4.0
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Argentina: Qualifications (Bachelor equivalency): Titulo / Grado de Licenciado
Equivalent to 2:ii: 7/10
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Australia: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 2:2 or Credit or 65%
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Austria: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 2.5/5.0 and overall Pass (Bestanden)
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Bahrain: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 75% or GPA 3.0/4.0
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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
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Belgium: Qualifications (Bachelor equivalency): Licentiaat or Licencié
Equivalent to 2:ii: 13/20 or 65%
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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
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Brazil: Qualifications (Bachelor equivalency): Título de Bacharel / Título de Licenciado (4-year)
Equivalent to 2:ii: 7/10 or 70%
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Brunei: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: Lower Second Class Honours with 50% overall
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Bulgaria: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 4.3/6
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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+
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Canada: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: GPA 3.0/4.0 or 74-77% or overall B
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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) -
Colombia: Qualifications (Bachelor equivalency): Licenciado / Titulo (4-year)
Equivalent to 2:ii: 3.5/5.0
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Croatia: Qualifications (Bachelor equivalency): Baccalaureus / Baccalaurea (Bachelor degree)
Equivalent to 2:ii: Overall score 3/5
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Cyprus: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 6.5/10
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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
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Denmark: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 7/12 or 8/13 or grade C
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Egypt: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 70% or 3.0/4.0
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Estonia: Qualifications (Bachelor equivalency): Bakalaurusekraad / University Specialist's Diploma / Professional Higher Education Diploma
Equivalent to 2:ii: 4.0/5.0
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Finland: Qualifications (Bachelor equivalency): Bachelor / Kandidaatti / Kandidat (180 ECTS credits)
Equivalent to 2:ii: 3/5 or 2/3
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France: Qualifications (Bachelor equivalency): Licence or Diplôme from a grande école
Equivalent to 2:ii: 11.5 out 20
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Gambia: Qualifications (Bachelor equivalency): Master's degree (2-year)
Equivalent to 2:ii: GPA 3.0/4.3 or 64% or B
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Germany: Qualifications (Bachelor equivalency): Bachelor degree (180 ECTS)
Equivalent to 2:ii: 2.6/5
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Ghana: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 2:2 (Second Class Lower Division) or GPA 3.25/5.0 or 60%
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Greece: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 6.50/10
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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
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Hungary: Qualifications (Bachelor equivalency): Bachelor (Alapfokozat) or Diploma (Egyetemi Oklevél)
Equivalent to 2:ii: 3.5/5.0
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Iceland: Qualifications (Bachelor equivalency): Bachelor degree (Baccalaureus or Bakkalarprof)
Equivalent to 2:ii: 7.0 out of 10
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India: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: CGPA: 55-60% or 5.5/10 - 6.0/10
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Iraq: Qualifications (Bachelor equivalency): Bachelor degree (Licence/Karshani)
Equivalent to 2:ii: 0.7
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Israel: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 70% or C+
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Italy: Qualifications (Bachelor equivalency): Laurea (180 ECTS)
Equivalent to 2:ii: 100/110
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Japan: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 70% or C+ or 3.0
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Jordan: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 3.0/4.0 or 70%
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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
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Kenya: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 2:2 or 60%
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Kuwait: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 3.0/
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Latvia: Qualifications (Bachelor equivalency): Bakalaura Diploms (Bachelor's) or Profesionālā Bakalaura Diploms
Equivalent to 2:ii: 7/10
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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
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Liberia: Qualifications (Bachelor equivalency): Master's degree
Equivalent to 2:ii: 75% or 2.8/4.0
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Libya: Qualifications (Bachelor equivalency): Bachelor Degree from selected institution
Equivalent to 2:ii: 75% or GPA 3.0/4.0
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Lithuania: Qualifications (Bachelor equivalency): Bachelors / Bakalauro (180 ECTS)
Equivalent to 2:ii: 7.5/10
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Malawi: Qualifications (Bachelor equivalency): Master's degree
Equivalent to 2:ii: 70% or GPA 3.0/4.0
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Malaysia: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 3.0/4.0 or B (Class 2 Division 2)
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Malta: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: Lower Second Class with 65% or Category IIB
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Mexico: Qualifications (Bachelor equivalency): Titulo de Licenciado
Equivalent to 2:ii: 8/10 or 80%
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Morocco: Qualifications (Bachelor equivalency): Licence / Licence d'Etudes Fondamentales / Licence Professionnelle
Equivalent to 2:ii: 13/20
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Nepal: Qualifications (Bachelor equivalency): Master's degree / Bachelor degree (4-year)
Equivalent to 2:ii: 70%
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Netherlands: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 6.5/10 or GPA 3.0
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New Zealand: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: Majority of credited modules B- or above
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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
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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
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Oman: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 3.0/4.0
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Pakistan: Qualifications (Bachelor equivalency): Bachelor (4-year) / Master's from HEC recognised institution
Equivalent to 2:ii: CGPA 2.7 or 65%
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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
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Portugal: Qualifications (Bachelor equivalency): Licenciado (180 ECTS)
Equivalent to 2:ii: 15/20
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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
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Romania: Qualifications (Bachelor equivalency): Diplomă de Licenţă / Diplomă de Inginer / Diplomă de Urbanist Diplomat
Equivalent to 2:ii: 8/10
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Russia: Qualifications (Bachelor equivalency): Diplom Bakalavra or Specialist Diploma
Equivalent to 2:ii: 3.8/5.0
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Rwanda: Qualifications (Bachelor equivalency): Bachelor (4-year)
Equivalent to 2:ii: Lower Second Class Honours or 65-69% or 14/20
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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%
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Singapore: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: CAP 3.5/5.0 or 3.0/4.0
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Slovakia: Qualifications (Bachelor equivalency): Bakalár / Bachelor
Equivalent to 2:ii: 70% or 2.0 overall or C
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South Africa: Qualifications (Bachelor equivalency): Bachelor (4-year)
Equivalent to 2:ii: 60%
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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
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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
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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
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Sudan: Qualifications (Bachelor equivalency): Bachelor (5-year)
Equivalent to 2:ii: 65%+ or B
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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)
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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
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Syria: Qualifications (Bachelor equivalency): Licence / al-ijaza-fi / Bachelor
Equivalent to 2:ii: 70%+ or 'Good'
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Taiwan: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 68-70% or GPA 2.8/4.0-3.0/4.0
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Thailand: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: GPA 3.0/4.0
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Tunisia: Qualifications (Bachelor equivalency): Diplôme National d'Ingénieur / Diplôme National d'Architecture / Licence / Maîtrise
Equivalent to 2:ii: 12 out of 20
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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
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Uganda: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 2:2 (Lower Second) or B or GPA 3.0/5.0
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Ukraine: Qualifications (Bachelor equivalency): Bachelor degree or Specialist Diploma
Equivalent to 2:ii: 8/12 or 3.8/5
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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
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United States of America: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: GPA 3.0/4.0
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Vietnam: Qualifications (Bachelor equivalency): Bachelor degree (4-year)
Equivalent to 2:ii: Overall score of 6.5/10
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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)
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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
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Zimbabwe: Qualifications (Bachelor equivalency): Bachelor degree
Equivalent to 2:ii: 2:2 or 65%
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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 International Finance and Development students take five core modules in Macroeconomics, Financial Systems and Economic Development, International Finance, Econometrics, and Advanced Econometrics.
Students are also given the choice of three options, and they have to write a 10,000-word dissertation on an approved topic relating to finance and development. Prior to commencing this programme, you are required to complete the preliminary course in Mathematics and Statistics taught in September.
Students on this programme can apply for a dissertation co-supervised with key international organisations, such as the International Trade Centre (ITC), the United Nations Industrial Development Organisation (UNIDO), the United Nations Development Program (UNDP) and the World Bank
Why study MSc International Finance and Development at SOAS?
- We are ranked 27th in UK for Economics (QS World University Rankings 2023)
- We are ranked 38th in the UK for Accounting and Finance (Complete University Guide 2023)
- We are ranked 6th in UK for graduate employability (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)
- It provides rigorous training in both mainstream and heterodox economics, theory of finance, and political economy of development
- It makes explicit links between economic theories and economic policies, using pluralist and political economy perspectives.
- Contemporary topics (such as environmental policies and the gendered effects of monetary and fiscal policies) are incorporated in the core modules of the programme; they are not just taught in optional modules
- It provides R coding and quantitative skills
- It gives students the opportunity to carry out co-supervised dissertations with key international organisations, such as the International Trade Centre (ITC), the United Nations Industrial Development Organisation (UNIDO), the United Nations Development Program (UNDP) and the World Bank.
Structure
Important notice
The information on the website reflects the intended programme structure against the given academic session. The modules are indicative options of the content students can expect and are/have been previously taught as part of these programmes. However, this information is published a long time in advance of enrolment and module content and availability is subject to change.
Core modules
| Module | Credits |
|---|---|
| Dissertation for MSc Finance and Development | 60 |
Compulsory 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.
List of modules (subject to availability)
Teaching and learning
The modules 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.
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.
Dissertation
Students are required to complete an 10,000-word dissertation on an approved topic relating to finance and development.
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 Mathematics 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.
Scholarships
Employment
Economics graduates leave SOAS with a solid grounding in statistical skills and an ability to think laterally, take a global perspective, and employ critical reasoning.
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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