Development Finance, M.Sc. | The University of Manchester | Manchester, United Kingdom
12 months
28000 GBP/year
13000 GBP/year
Tuition fee
Apply date
Start date


MSc Development Finance programme from The University of Manchester will provide you with a thorough understanding of specific aspects of development finance, recognising that finance-related issues are increasingly important in development.


The Development Finance programme from The University of Manchester will equip you with the necessary skills to make a meaningful contribution to policy formulation and implementation, by focusing on financial development policy and financial management, with specific reference to developing countries.

You will apply different approaches to the collection, analysis and presentation of data, as well as in critically evaluating specific issues of development, and gathering, organising and using evidence and information from a wide variety of sources.It provides skills in identifying, investigating and justifying possible solutions to problems arising out of the theory and practice of economic development. These also include competency in developing a reasoned argument, critically considering data sources and defending different approaches.

By the end of this course, you should have obtained a detailed knowledge of the key issues and debates in various aspects of economic development, familiarity with theoretical approaches concerning development problems and an appreciation of the diversity of development policies.


On completion of the programme, students will have acquired the following skills and capabilities:

  • an ability to critically analyse the techniques and procedures for financial sector development, management and accounting
  • an ability to apply these techniques and procedures in a professionally competent manner
  • the ability to undertake independent research, and to present research findings in a form that can be disseminated effectively to users

Career opportunities

This programme is intended primarily for those with experience of international organisations, the public/private sector, NGOs and those involved in policy formulation and implementation, or those intending to pursue a career in the field of development finance.

The Global Development Institute (GDI) has a large and diverse postgraduate population, including a large number of students from outside the UK (85% of our students are drawn from outside the UK, particularly from Africa, Asia and Western Europe, but also reaching out to Latin America, the Middle East, North America and the Pacific). 

Programme Structure

Courses include:

  • Research Skills for Economic Development (Quantitative Methods)
  • Research Skills for Economic Development (Applied Quantitative Skills)
  • Microfinance
  • Economic Development
  • International Finance for Development
  • Industrial Competitiveness and Global Transformation
  • Public Sector Reform and Management
  • Work and Employment in the Global Economy
  • Behavioural Experiments, Quantitative Field
  • Research and Development Policy

Key information


  • Full-time
    • 12 months
  • Part-time
    • 24 months

Start dates & application deadlines


180 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA
Upper Second Class

Other requirements

General requirements

  • You should have a good bachelor's degree (minimum Upper Second (2:1) or international equivalent) in Economics or a related subject, with a strong background in macroeconomics, microeconomics, and statistics.

Tuition Fee

To alway see correct tuition fees
  • International

    28000 GBP/year
    Tuition Fee
    Based on the tuition of 28000 GBP per year during 12 months.
  • National

    13000 GBP/year
    Tuition Fee
    Based on the tuition of 13000 GBP per year during 12 months.

MSc (part-time)

UK students (per annum): £6,500

International, including EU, students (per annum): £14,000

Living costs for Manchester

645 - 1197 GBP /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


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.

Our partners

Development Finance
The University of Manchester
Development Finance
The University of Manchester


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