Master of Science
MSc Development Finance
Due to high demand for this course, we operate a staged admissions process with multiple selection deadlines throughout the year, to maintain a fair and transparent approach.
Book an open day
Explore our campus, meet lecturers and current students, and learn more about what it's like to study at Manchester.
Meet us
Join us online or in person to learn more about the University and our courses.
Discover more about this subject area
Learn about your subject of interest and what you'll experience as a student in that community.
Discover more about this subject area
Download our course brochure
Get to know us better with our guide to studying your subject of choice.
Download our course brochure
Fees and funding
Fees
Fees for entry in 2027 have not yet been set. For reference, the fees for the academic year beginning September 2026 were as follows:
-
MSc (full-time)
UK students (per annum): £15,200
International, including EU, students (per annum): £31,500
The fees quoted above are fully inclusive of tuition, administration and computational costs.
Fees for entry are subject to yearly review. The University reserves the right to increase your tuition fee by up to 7% each year for courses lasting more than one year, including to reflect rising costs associated with delivering our educational and wider student experience. Postgraduate fees information .
Always contact the admissions team if you are unsure which fee applies to your qualification award and method of attendance.
International student CAS deposit
Self-funded international applicants are required to pay a deposit of £2500 towards their tuition fees before a confirmation of acceptance for studies (CAS) is issued. Some applicants will be required to pay a higher deposit. More information on tuition fee deposits .
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
We know that student finance can be complicated. The links below provide further information to help guide you.
- Learn more about - student finance options for UK students .
- Learn more about - fees and finance for international students .
- Graduates of The University of Manchester and Manchester Metropolitan University can receive a 10% discount on their master's degree tuition fees as part of our Manchester Alumni Loyalty Discount scheme.
Course unit details:
Research Skills for Economic Development 1 (Quantitative Methods)
| Unit code | MGDI60301 |
|---|---|
| Credit rating | 15 |
| Unit level | FHEQ level 7 – master's degree or fourth year of an integrated master's degree |
| Teaching period(s) | Semester 1 |
| Offered by | Global Development Institute |
| Available as a free choice unit? | No |
Overview
The course unit covers theory, relevant applications and practical exercises in computer workshops. Much emphasis is placed on developing experience and confidence in the use of statistical software. Empirical work, using alternative forms of regression analysis, forms an increasingly important foundation for policy analysis and evidence based policy advice in economics and other branches of the social sciences. Therefore, acquiring competence in this field through the course will be of great value to development practitioners as well as those aiming for academic and other development-related careers.
Aims
The unit aims to enable students through development of theoretical insights and practical skills to become:
- Competent users of statistics and econometrics methods.
- Able and critical readers of academic articles with empirical contents
Learning outcomes
On completion of this unit successful students will be able to:
Knowledge and understanding
- Explain the theoretical foundation of multiple regression analysis and effectively address common violations of the standard assumptions of the classical regression model.
- Explain the techniques for econometric analysis of cross sectional data analysis.
Intellectual skills
- Apply concepts in statistics and econometrics and critique statistical and econometric results presented in published articles and journals.
- Employ concepts in statistics and econometrics to examine and analyse cross-section and data.
Practical skills
- Produce empirical work, using alternative forms of regression analysis.
- Analyse and interpret regression results.
Transferable skills and personal qualities
- Use STATA software package for conducting multivariate regression analysis, interpreting results, and testing for violations of the assumptions of the classical linear regression model.
- Examine published empirical work with statistical and econometric contents.
- Apply skills acquired in the module in quantitative dissertation writing.
Employability skills
- Analytical skills
- Analyse data and interpret results for policy decision making.
- Research
- Collect relevant empirical data and organise them using appropriate tools.
- Other
- Develop skills that are relevant and needed in research institutes, financial institutions, Ministries, NGOs etc.
Assessment methods
| Method | Weight |
|---|---|
| Written exam | 70% |
| Set exercise | 30% |
Feedback methods
Feedback on the assessments via VLE within SEED’s guidelines.
Study hours
| Scheduled activity hours | |
|---|---|
| Lectures | 20 |
| Practical classes & workshops | 10 |
| Tutorials | 10 |
| Independent study hours | |
|---|---|
| Independent study | 110 |
Teaching staff
| Staff member | Role |
|---|---|
| Lawrence Ado-Kofie | Unit coordinator |
Regulated by the Office for Students
The University of Manchester is regulated by the Office for Students (OfS). The OfS aims to help students succeed in Higher Education by ensuring they receive excellent information and guidance, get high quality education that prepares them for the future and by protecting their interests. More information can be found at the OfS website.
You can find regulations and policies relating to student life at The University of Manchester, including our Degree Regulations and Complaints Procedure, on our regulations website.
