
Course description
MSc Development Finance will provide you with a thorough understanding of specific aspects of development finance, recognising that finance-related issues are increasingly important in development.
It 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.
The course 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 the 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.
Aims
- 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.
Special features
- We're Europe's largest dedicated development research and teaching institute and have been at the forefront of development studies for over 60 years .
- We're ranked 6th in the UK and 9th in the world for development studies (QS World University Rankings by Subject 2020).
- Our research was ranked first in the UK for impact and second in the UK for quality in the most recent Research Excellence Framework (REF 2014).
- We are proud to tackle global inequalities and rank first in the UK for our impact on the Sustainable Development Goals ( THE Impact Rankings 2020 ).
- We bring cutting-edge insights from our research into all our postgraduate teaching. Our courses bring different development perspectives and voices to Manchester, from activists from the Global South to the leaders of multinational companies.
- We are home to the internationally-recognised Effective States and Inclusive Development and FutureDAMS research centres.
- Students are part of our vibrant research community this includes our public lecture series which brings world experts, former heads of state, and leading development thinkers, to discuss current issues in development.
- We have numerous scholarship opportunities for outstanding applicants.
Teaching and learning
Part-time students complete the course over 24 months. There are no evening or weekend course units available; you should, therefore, discuss course requirements with the Programme Director and seek approval from your employer. Timetabling information is usually available from late August. You can discuss course unit choices during induction week with the Programme Director.
Coursework and assessment
The taught element of the course, carrying 120 credits overall, is continuously assessed by a variety of methods (eg project-based reports, essays), involving largely individual submissions, but also elements of group work.
You must also complete a 12,000-15,000 word dissertation on a topic of your choice approved by the Programme Directors. You are encouraged to base your dissertation on topics of direct professional concern.
Course unit list
The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.
Title | Code | Credit rating | Mandatory/optional |
---|---|---|---|
Research Skills for Economic Development 1 (Quantitative Methods) | MGDI60301 | 15 | Mandatory |
Research Skills for Economic Development 2 (Applied Quantitative Skills) | MGDI60302 | 15 | Mandatory |
Microfinance | MGDI60362 | 15 | Mandatory |
Economic Development | MGDI60711 | 15 | Mandatory |
International Finance for Development | MGDI72121 | 15 | Mandatory |
Contemporary Issues in Development Finance | MGDI72162 | 15 | Mandatory |
Industrial Competitiveness and Global Transformation | MGDI60002 | 15 | Optional |
Public Sector Reform and Management | MGDI60081 | 15 | Optional |
Work and Employment in the Global Economy | MGDI60131 | 15 | Optional |
Behavioural Experiments, Quantitative Field Research and Development Policy | MGDI60191 | 15 | Optional |
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Scholarships and bursaries
There are many internal and external funding opportunities for postgraduate study.
We offer several postgraduate taught scholarships to outstanding applicants. We also regularly welcome students on the University's Equity and Merit scholarship scheme.
The Manchester Alumni Scholarship Scheme offers a £3,000 reduction in tuition fees to University of Manchester alumni who achieved a first-class Bachelor's degree and are progressing to a postgraduate taught master's course.
Many of our students have gained British Chevening, British Council or Commonwealth scholarships, as well as country-specific awards.
For more information, see fees and funding or search the University's postgraduate funding database .
What our students say
'I appreciated the conducive teaching and learning environment. Everyone, I mean everyone is willing to help - from the senior academics down to the library receptionists. The atmosphere is just inspiring! Did I mention about the vibrant nature of the city? I just love the city of Manchester... it is about creativity and innovation.'
Bala Yusuf Yunusa, MSc in Development Finance
Disability support
Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service.
For more information, email dass@manchester.ac.uk