MSc Development Finance

For entry in the academic year beginning September 2027, the tuition fees are as follows:

• MSc (full-time)
  UK students (per annum): £16,000
  International, including EU, students (per annum): £33,100

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 .

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).

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.

The course will review and evaluate the recent debate on the role of financial and credit markets for economic development. It will discuss the desirability and limitations of deeper and far-reaching finance (financial development), as well as its origins.

Lectures and tutorials will analyse the current trends in developing countries and explore the history, theoretical base, development and challenges in this area.

The course will review and evaluate the recent debate on the role of financial systems (e.g., credit and financial markets) for economic development. It will discuss the idea, desirability and limitations of deeper and far-reaching finance, as well as its origins.

Lectures and tutorials will analyse the current trends in developing countries and explore the key debates: their history, theoretical base, and development and policy challenges in this area.

Students are expected to:

Readings include mainly journal articles. The following references provide a good initial understanding of the area:

• Hutton D. Global Finance and Development, Routledge, 2015
• Spratt S., Development Finance, Routledge, 2009
• The Handbook on the Political Economy of Financial Crises, Gerald Epstein and Martin Wolfson (eds.), Oxford University Press, 2013

Lectures and tutorials.

• Acquire an understanding of contemporary research and policy issues relating to the effects of financial and credit systems on economic development.

• Gain knowledge on the role of finance for economic development and of why some economies develop far-reaching credit and financial markets.

• Be able to critically interpret and debate current issues in the field of development finance as a professional economist.

• Critically demonstrate the awareness of current issues and debate in the field of financial development.

Feedback will be delivered during in-class interactions and formal summative feedback via VLE following assessment.

Readings include mainly journal articles. The following references provide a good initial understanding of the area:

- Hutton D. Global Finance and Development, Routledge, 2015

- Spratt S., Development Finance, Routledge, 2009

- The Handbook on the Political Economy of Financial Crises, Gerald Epstein and Martin Wolfson (eds.), Oxford University Press, 2013