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    Economic Development (with Finance & Policy Pathways)
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    University of Glasgow

    Economic Development (with Finance & Policy Pathways)

    University of Glasgow

    University of Glasgow

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    United Kingdom, Glasgow

    University RankQS Ranking
    78

    Key Facts

    Program Level

    Master by Course Work

    Study Type

    Full Time

    Delivery

    On Campus

    Campuses

    Gilmorehill

    Program Language

    English

    Start & Deadlines

    Next Intake Deadlines19-Sep-2026
    Apply to this program

    Go to the official application for the university

    Duration 12 month(s)
    Tuition Fee
    GBP 29,355  / year
    Next Intake 19-Sep-2026

    Economic Development (with Finance & Policy Pathways)

    About

    The Masters in Economic Development (with Finance and Policy Pathways) focuses on the economic analysis of issues primarily related to economic development and development policy. You will benefit from a wide range of courses during the first semester, before choosing your preferred pathway. In the second semester, you can specialise in either finance (with a focus on developing countries) or development policy.

  • MSc Economic Development (with Finance and Policy Pathways) aims to:
    • Instil critical awareness of theories and practice within economic development, supported by the specialist knowledge gained through in-depth studies in the field of development, with an interdisciplinary focus
    • Give you the opportunity, material and experiences to develop an appetite towards critical enquiry and investigation, and an applied focus in the areas of economic development
    • Provide you with a skill base from which you can develop a curriculum, which supports you to actively engage in the labour market fields of economic development
    • Build on and enhance appropriate graduate attributes, including a range of transferable and specialist skills, to increase your career prospects in the field of economic development and prepare you for further study
  • It is ideally suited if you are interested in economic challenges and policies in developing countries. It is at the research frontier, with special attention devoted to the policy and practical implications of different theories.
  • This programme provides the empirical tools, data, and STATA software training that will enable you to investigate economic development and to prepare an independent empirical analysis.
  • You will be taught by experts in the field, many of whom have worked with international and government organisations such as the IMF, World Bank, and central banks.
  • Our programmes blend research with real-world expertise. You will gain invaluable industry connections and experience trips and exclusive events that pave the way for your future career. Find out more about our industry links.
  • 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, entrepreneurial and engaged graduates and internationally recognised research with real social impact.
  • Take advantage of our individualised skills development programme, which will ensure you balance academic theory with crucial employability skills to help you maximise your potential and achieve your career goals.
  • Experience practical learning with real business challenges. Network, collaborate, and make a real-world impact through competitive, merit-based industry projects.*
  • *Industry Projects are not guaranteed. All applications are subject to availability and review processes. We will support candidates with their applications before the deadline but if unsuccessful, they can opt for a research proposal for their dissertation. Students can also secure their own projects with approval from academic and/or professional services.

    Adam Smith Business School is triple accredited

    Requirements

    Entry Requirements

    2.1 Hons (or non-UK equivalent) in Economics, Finance, Statistics, Development Studies or related discipline within Social Sciences and Humanities. For Social Sciences and Humanities degrees, applicants must have with at least 2 credit bearing modules in Economics and/or Finance and/or Statistics at an average grade of Pass.

    Accepted modules

    We normally accept the following modules to meet the credit bearing module requirement:

    Economics

    • Agricultural and Natural Resource Economics
    • Business Administration and Business
    • Econometrics
    • Economic Development, Technological Change, and Growth
    • Economic History
    • Economic Systems
    • Economics
    • Environmental and Ecological Economics
    • Financial Economics
    • Game Theory
    • General Economics and Teaching
    • Health, Education, and Welfare
    • Industrial Organisations
    • Industrial Organization
    • International Economics
    • Labour and Demographic Economics
    • Law and Economics
    • Macroeconomics
    • Mathematical and Quantitative Methods
    • Microeconomics
    • Monetary Economics
    • Monetary Theory
    • Money and Banking
    • Public Economics
    • Schools of Economic Thought and Methodology
    • Urban, Rural, and Regional Economics
    • Welfare Analysis

    Finance

    • Corporate Finance
    • Derivatives
    • Finance
    • Financial Analysis
    • Financial Economics
    • Financial Management
    • Financial/Risk Management
    • Fixed Income Analysis
    • Investment
    • Options
    • Portfolio Analysis
    • Securities

    Statistics

    • Calculus
    • Different Analysis Courses
    • Interface of Multivariate Calculus and Statistics
    • Linear Algebra
    • Mathematical Analysis
    • Multivariate Calculus
    • Multivariate Statistical Analysis
    • Numerical Analysis
    • Ordinary Differential Equations
    • Partial Differential Equations
    • Real Analysis
    • Real Variable Function
    • University Mathematics

    Those who do not meet this coursework requirement may be considered if they have at least two years of relevant work experience.

    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.

    Please note, applications that meet our minimum entry requirements may still be rejected, based on its score in comparison to other applications received during the same round. Please review our stated entry requirements to ensure you meet or exceed them before submitting your application.

    International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.

    English Program Requirements

    For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

    International English Language Testing System (IELTS) Academic and Academic Online (not General Training)

    • 6.5 with no subtests under 6.0
    • IELTS One Skill Retake Accepted
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

    Common equivalent English language qualifications for entry to this programme

    TOEFL (ibt, mybest or athome)

    • 90 overall with Reading 20; Listening 19; Speaking 19; Writing 21
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements, this includes TOEFL mybest.

    Pearsons PTE Academic

    • 59 with minimum 59 in all subtests
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

    Cambridge Proficiency in English (CPE) and Cambridge Advanced English (CAE)

    • 176 overall, no subtest less than 169
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

    Oxford English Test

    • 7 overall with no subtest less than 6
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

    LanguageCert Academic SELT

    • 70 overall with no subtest less than 60
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

    Password Skills Plus

    • 6.5 overall with no subtest less than 6.0
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

    Trinity College Tests

    • Integrated Skills in English II & III & IV: ISEII Distinction with Distinction in all sub-tests
    • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

    University of Glasgow Pre-sessional courses

    • Tests are accepted for 2 years following date of successful completion.

    Alternatives to English Language qualification

    • Degree from majority-English speaking country (as defined by the UKVI including Canada if taught in English)
      • students must have studied for a minimum of 2 years at Undergraduate level, or 9 months at Master's level, and must have completed their degree in that majority-English speaking country within the last 6 years.
    • Undergraduate 2+2 degrees from majority-English speaking country (as defined by the UKVI including Canada if taught in English)
      • students must have completed their final two years study in that majority-English speaking country within the last 6 years.

    For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept UKVI approved Secure English Language Tests (SELT) but we do not require a specific UKVI SELT for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

    Pre-sessional courses

    The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We would strongly encourage you to consider the pre-sessional courses at the University of Glasgow's English for Academic Study (EAS) Unit. Our Pre-sessional courses are the best way to bring your English up to entry level for University study. Our courses give you:

    • direct entry to your University programme for successful students (no need to take IELTS)
    • essential academic skills to help you study effectively at University
    • flexible entry dates so you can join the right course for your level.

    For more detail on our pre-sessional courses please see:

    We can also consider the pre-sessional courses accredited by the below BALEAP approved institutions to meet the language requirements for admission to our postgraduate taught degrees:

    • Heriot Watt
    • Kingston Upon Thames
    • Middlesex University
    • Manchester University
    • Reading University
    • Edinburgh University
    • ST Andrews University
    • UCL
    • Durham.

    For further information about English language requirements, please contact the Recruitment and International Office using our enquiry form

    Career

    Recent graduates have gone on to work for the third and public sector in roles such as research analyst, development economist and consultant for governments, international organisations as well in the private and third sectors. 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.

  • See our alumni success stories
  • +++ Dual Degree (Radboud - Glasgow) Economic Development (with Finance and Policy Pathways) The Economic Development (with Finance and Policy Pathways) is an exciting partnership designed in collaboration with Radboud University, Netherlands. The 2 year programme aims to provide you with a rigorous and comprehensive general overview of the topic in year 1 and specialist training and dissertation writing in year 2. Find out more
  • Dual Degree (ru.nl)
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    Fee Information

    Tuition Fee

    GBP 29,355 

    Application Fee

    GBP  
    University of Glasgow

    Economic Development (with Finance & Policy Pathways)

    University of Glasgow

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    United Kingdom,

    Glasgow

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