MSc International Development and Global Business

The future of international development is investment and trade – not aid. This masters will give you the expertise to succeed in this changing landscape.

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Overview

The international development scene is changing. There’s been a considerable shift away from international aid and towards using foreign direct investment (FDI) and trade to boost economic growth. If you’re looking to play a part in this new landscape – as policymaker, policy analyst or investor – our MSc International Development and Global Business can give you the skills you’ll need to succeed.

Global business of development

The main focus is on harnessing business to achieve national development goals, and the units you’ll study reflect this. You’ll examine theories of growth, trade and investment – exploring industrial strategy and policy, as well as key issues in development finance and international law. You’ll also learn practical skills, such as how to negotiate effectively in a range of international scenarios.

Our teaching staff are a rich mix of academics with a worldwide reputation. We also have strong external links to international agencies, such as UNCTAD, Oxfam and the World Bank, giving you the chance to start building a professional network.

This masters addresses the lack of capabilities in developing countries to negotiate good deals with large multi-nationals. It offers you a head start in this exciting field, ready to apply for positions with government bodies, multinational corporations and NGOs.

Features and Benefits

  • Strong external links – Relationships with the United Nations, The World Bank and Oxfam (among others) not only ensure that this course offers real-world relevance, but also opens doors for insightful field visits and guest lectures.
  • Professional focus – This is a course designed for policy makers and future policy makers.
  • Integrated approach – With a greater focus on integrating development policy with investment and trade, our course reflects the changing development landscape.
  • International expertise – Learn from recognised leaders in international development like United Nations recognised, Professor Heinz Tuselman, or political economy expert, Dr Stephen Buzdugan – to name just two.
  • UN Virtual Institute – We are an associate member of the United National Conference and Trade and Development Virtual Institute, which not only ensures we equip students to become qualified policymakers, but even offers a potential study tour to Geneva, Switzerland.
  • Transferable skills – Learn how to handle complex negotiations, critically analyse policy and produce independent research – all skills that can take you far in government, NGOs and beyond.
  • City of opportunities – Manchester is a global city for business and innovation, thriving in everything from digital media to scientific discovery – putting an international business landscape on our doorstep.
“This masters course is different in that as well as teaching topics on international trade and investment for development we also equip our students with skills in negotiation and international law – which are critical for development.” Dr Stephen Buzdugan, Programme Leader

Accreditations, Awards and Endorsements

“We have world-leading, award-winning academics who bring important connections and experience of practice to our understanding and learning around the global economy and business.”

 

Professor Donna Lee, Head of Department, Economics, Policy and International Business.

Career Prospects

We share the aims of the UNCTAD Virtual Institute, preparing you to be a decision-maker in formulating your country’s economic policy. You’ll leave us as a qualified policymaker or practitioner well equipped to understand the business of trade.

According to the United Nations Conference on Trade and Development (UNCTAD) – foreign direct investment is the largest external source of finance for developing economies. Inflows amount to nearly US$670 billion per year, equivalent to 39% of total incoming finance for these countries. (World Investment Report 2018, United Nations Conference on Trade and Development)

Having completed this masters, you’ll be ready to pursue one of the many roles involved in turning these huge private investments into positive developmental outcomes. These include strategic decision-making roles in public policymaking, NGOs and multinational corporations.

Careers support is available from the moment you join us, and for up to three years after you finish your course. Dedicated careers and employability advisors in the Business School and the University Careers Service will help you find the role that’s right for you.

Learn more about graduate careers

Entry requirements

Applicants should normally have a Bachelors degree with a minimum 2.2 classification or its international equivalent. We will also consider your application if satisfactory evidence of postgraduate study, research or professional experience can be provided. 

Overseas applicants will require IELTS with an overall score of 6.5 with no less than 5.5 in any category, or an equivalent accepted English qualification. Accepted English qualifications can be viewed here.

MEET THE EXPERTS

“We teach a mainstream core curriculum in economics, international business; the impact of sports governance and the development of sport as a business.  But as a modern university, we go much beyond that…”
 
Listen to what Donna Lee, Head of Department, has to say about studying at Manchester Metropolitan University…

Course details

This course's main focus is on harnessing business to achieve national development goals, and the units you’ll study reflect this. You’ll examine theories of growth, trade and investment and explore a range of policy options and their impacts. You’ll also look at industrial strategy and policy, as well as key issues in development finance, such as international aid, microfinance and sovereign debt.

Whenever finance and international borders collide, there are always legal implications. So you’ll also look at the international legal framework that has sprung up over the past 20 years to define the obligations of states towards foreign investors.

You’ll learn practical skills, too. You’ll explore developing country case studies and see how the theory fits with the reality. You’ll also learn how to negotiate effectively in a range of international scenarios. And, with an in-depth dissertation, you’ll develop your research and presentation skills as you investigate a topic of special interest that matches your career goals.

Whether you study full time for a year, or part time for two, you’ll take eight core units. As well as units that cover areas like International Business and Development, International Trade and Investment Law and Negotiation, that includes an in-depth masters dissertation.

Read more about this year of study

Core Units

Investment, Trade and Economic Growth

This unit focuses on the economics of inward/outward foreign direct investment (FDI) of international trade, and their relationship with driving sustainable and equitable growth. The unit examines theories of growth, trade and investment, and explores a range of policy options and their impacts, based on developing country case studies.

International Business and Development

Key to the link between international development and international business is an understanding of the nature of firms and the processes that drive inward and outward FDI. This unit engages with international business theory to gain insights into policies which seek to attract developmental forms of inward investment, encourage investment spillovers to the local economy and promote outward investment by domestic firms in order maximise economic development.

Industrial Strategy and Policy

The recent revival of industrial policy has reignited debates the best industrial strategies for promoting development. The aim of this unit is to critically examine ‘new’, open forms of industrial policy, the theoretical debates underpinning them (such as whether to adhere to or defy country comparative advantages) and the role of trade and inward FDI in supporting horizontal and vertical country industrial strategies for development.

International Trade and Investment Law

This unit will consider the international legal framework that has evolved rapidly over the past twenty years to define the obligations of states towards foreign investors within their territories. The unit focuses on explaining the salient aspects of international investment agreements (IIAs), including bilateral investment treaties (BITs), and the workings of investor-state dispute settlement (ISDS). Finally, the unit will explore recent attempts by developing countries to maximise policy space in this framework in order to promote development objectives such as environmental protection, industrial policy and labour standards.

Negotiation

International trade deals, international investment agreements, aid agreements and inward foreign investment rely on negotiation in order to maximise the benefit toward development. This unit seeks to develop negotiation skills, including persuasive communication, decision-making, cross-cultural communication, group negotiation and bargaining strategies in order to strengthen positions in international negotiations and improve outcomes.

Global Tourism and Development

This unit explores the impact of inward foreign investment in shaping tourism policy and development. It delves beyond the image of tourism as a development tool and examines the externalities that have influenced, and continue to influence regional and national growth. Economic and development models and theories are applied to understand the nuances of this industry and its operations in the Caribbean, Sub-Saharan Africa and South East Asia.

Development Finance

International capital flows are a key aspect to the financing of development. This unit explores fundamentals of international finance and key issues in development finance, such as international aid, microfinance and sovereign debt, and the opportunities and challenges they present to development initiatives.

International Development and Global Business Dissertation

Your dissertation is an opportunity to explore a topic in development and global business that matches up to your passions and career plans. Under the supervision of a member of our expert faculty, the dissertation aims to prepare students to independently design and conduct research using appropriate research methods to examine the core questions related to the chosen topic.

Assessment weightings and contact hours

10 credits equates to 100 hours of study, which is a combination of lectures, seminars and practical sessions, and independent study. A masters qualification typically comprises of 180 credits, a PGDip 120 credits, a PGCert 60 credits and an MFA 300 credits. The exact composition of your study time and assessments for the course will vary according to your option choices and style of learning, but it could be:

Study
Assessment

Placement options

This masters course is a short, intensive programme which doesn’t leave much room for a placement. But there are employers who might offer short-term internship opportunities. With our regular ‘meet the employer’ events, together with the support of our careers team, we’ll be there to help you make the most of any available opportunities.

Department of Economics, Policy and International Business

Our Economics, Policy and International Business Department advances knowledge on the issues that matter on a contemporary global stage.

The department is committed to teaching excellence and is led by world-class professionals and academic economists. Reacting to the global needs of the digital age, its aim is to enable students to explore the vast areas influenced by economics and policy.

More about the department

Taught by experts

Your studies are supported by a team of committed and enthusiastic teachers and researchers, experts in their chosen field. We also work with external professionals, many of whom are Manchester Met alumni, to enhance your learning and appreciation of the wider subject.

Meet our expert staff

Fees

UK and EU students

UK and EU students: Full-time fee: £9,250 per year. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study).

UK and EU students: Part-time fee: £4,625 studied per year. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study).

Non-EU and Channel Island students

Non-EU international and Channel Island students: Full-time fee: £17,500 per year. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study).

Non-EU international and Channel Island students: Part-time fee: £8,750 studied per year. Tuition fees will remain the same for each year of your course providing you complete it in the normal timeframe (no repeat years or breaks in study).

Additional Information

A Masters qualification typically comprises 180 credits, a PGDip 120 credits, a PGCert 60 credits, and an MFA 300 credits. Tuition fees will remain the same for each year of study provided the course is completed in the normal timeframe (no repeat years or breaks in study).

Additional costs

All of the books required for the course are available from the library. The University also has PC labs and a laptop loan service. However, many students choose to buy some of the core textbooks for the course and/or a laptop. Students may also need to print their assignments and other documents. Campus printing costs start from 5p per page. Estimated costs are £300 for a laptop up to £100 for books and printing. Total optional cost: £400

Postgraduate Loan Scheme

Loans of up to £10,906 for many Postgraduate Courses

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Alumni Loyalty Discount

Rewarding our graduates

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How to apply

The quickest and most efficient way to apply for this course is to apply online. This way, you can also track your application at each stage of the process.

Apply online now

If you are unable to apply online, you can apply for postgraduate taught courses by completing the postgraduate application form. There are exceptions for some professional courses – the course information on our on-line prospectus will give you more information in these cases.

Please note: to apply for this course, you only need to provide one reference.

You can review our current Terms and Conditions before you make your application. If you are successful with your application, we will send you up to date information alongside your offer letter.

MANCHESTER IS YOUR CITY. BE PART OF IT.

Programme Review
Our programmes undergo an annual review and major review (normally at 6 year intervals) to ensure an up-to-date curriculum supported by the latest online learning technology. For further information on when we may make changes to our programmes, please see the changes section of our Terms and Conditions.

Important Notice
This online prospectus provides an overview of our programmes of study and the University. We regularly update our online prospectus so that our published course information is accurate. Please check back to the online prospectus before making an application to us to access the most up to date information for your chosen course of study.

Confirmation of Regulator
The Manchester Metropolitan University is regulated by the Office for Students (OfS). The OfS is the independent regulator of higher education in England. More information on the role of the OfS and its regulatory framework can be found at officeforstudents.org.uk.

All higher education providers registered with the OfS must have a student protection plan in place. The student protection plan sets out what students can expect to happen should a course, campus, or institution close. Access our current Student Protection Plan.

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