Finance and Economic Development

12 months
19820 GBP/year
8850 GBP/year
Tuition fee
Apply date
Start date


The Finance and Economic Devlopment programme from University of Glasgow is designed for economics graduates who would like to develop an understanding of the nature of the differing institutional settings of financial systems and their effects on economic growth in developed and developing countries. 

Visit the official programme website for more information


This programme will help equip you for a career as an economist in public and private institutions concerned with economic development and finance capacity.

Why study the  Finance and Economic Development programme from University of Glasgow ?

Finance & Economic Development will provide you with a good understanding of:

  • the role of money and financial intermediation in economic growth
  • the rationale for financial repression and financial liberalisation
  • structures and social functions of monetary and financial systems in both developing and developed countries
  • operation of economic stabilisation and financial regulation
  • the role of appropriate institutions for financial development and international financial integration
  • financial and economic crisis and ways of promoting recovery and of preventing similar events in the future
  • tools which are used to evaluate the problem of moral hazard in relation to international rescue operations
  • how analytical frameworks can be used to evaluate strategies of growth and development

This programme provides you with the empirical tools, data and software training that will enable you to do research in finance and economic development and help prepare you for your dissertation.

You will be taught by experts in the field, many of whom have worked with international and government organisations including the IMF, World Bank, UN, Asian Development Bank, Commonwealth Secretariat, central banks and government organisations in developing countries.

You will have access to all conferences and seminars hosted by the Glasgow Centre for International Development. This means you will be exposed to interdisciplinary research and approaches to development in the fields of medicine, veterinary medicine, environmental management, sustainability or education. 

The Adam Smith Business School celebrates the legacy of Adam Smith by developing enlightened, enterprising and engaged graduates and internationally-recognised research with real social impact.


This programme will prepare you for careers in economic development as a government official, in international agencies or in other organisations concerned with economic development. 

Our graduates have taken up roles as research economists and senior economists, for example. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.

Programme Structure

Courses include:

  • Financial institutions and markets in developing countries
  • Growth and development
  • Money, finance and growth.
  • Aid and development
  • Basic econometrics
  • Behavioural economics: theory and applications
  • Development policy 

Key information


  • Full-time
    • 12 months

Start dates & application deadlines




180 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
Upper Second Class

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).

Other requirements

General requirements

  • 2:1 Honours Degree or equivalent in Economics or Finance, or related but with coverage of Economics (at least 15% of modules).
  • Only applications that meet or exceed our stated entry requirements will go forward for consideration. Any application that does not will be automatically rejected. Applicants will be made offers based on their relative performance compared to other applicants, taking into account both current GPA, or degree classification, and the relevance of an applicant’s academic background.

Tuition Fee

  • International

    19820 GBP/year
    Tuition Fee
    Based on the original amount of 19820 GBP per year and a duration of 12 months.
  • EU/EEA

    8850 GBP/year
    Tuition Fee
    Based on the original amount of 8850 GBP per year and a duration of 12 months.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Fresh content

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Check the official programme website for potential updates.

Our partners

Finance and Economic Development
University of Glasgow