MSc
1 year full time
Starts September 2017

International Business Economics

Enhance the study of international business with a solid grounding in the economic theory that explains business behaviour both at the level of the firm and within the global macroeconomy.

You’ll find out about microeconomic principles relating to the theories of firms and consumers, and macroeconomic principles underpinning national and international economies.

You'll also learn about managerial economics and how firms try to optimise their human resources. You'll gain the skills – and have the opportunity – to undertake independent research in an area of business economics, which will expand your employment opportunities.

Key facts

  • Economics at Sussex has an international reputation for outstanding teaching and applied research. We're part of Sussex’s School of Business, Management and Economics.
  • With a solid grounding in economic theory, you'll be prepared for a successful management or financial career.
  • Our faculty integrate their research into their teaching so you learn how to apply economic theory to contemporary topics.

How will I study?

The course has a central emphasis on business. You benefit from the global reputation for international economics research and teaching at Sussex. The course comprises eight modules and a Business Economics Research Project. 

You are assessed through:

  • unseen examinations
  • essays
  • a research project.

Full-time and part-time study

You can choose to study this course full time or part time. Find the modules for the full-time course below. 

For details about the part-time course structure, contact us at pgbmec@sussex.ac.uk

What will I study?

  • Module list

    Core modules

    Core modules are taken by all students on the course. They give you a solid grounding in your chosen subject and prepare you to explore the topics that interest you most.

    • Analytical Methods for Finance & Business Economics

      15 credits
      Autumn Teaching, Year 1

      This module starts to equip you with the tools of macro-economic, mathematical and statistical analysis necessary for the pursuit of international finance at Masters level. It comprises sections on macro-economics, basic mathematical and statistical methods and the use of appropriate computer packages (currently Stata).

    • International Business Economics

      30 credits
      Autumn Teaching, Year 1

      This module gives you a rigorous introduction to the principles of economics and their application to real-world international business settings.

      You explore topics including:

      • globalisation and international business
      • the structure, conduct and performance of businesses from a global perspective
      • multinational corporations and international supply chains in international business
      • international trade and economic integration
      • global protectionism
      • multinational enterprise and the role of foreign direct investment (FDI) and innovation in international business
      • international institutions
      • the balance of payments and foreign exchange markets
      • financial crises.
    • Quantitative Methods for Finance & Business

      15 credits
      Autumn Teaching, Year 1

      This module provides an introduction to statistical techniques needed in the study of finance.

      It covers parametric and non-parametric hypothesis testing with financial applications, ANOVA, diagnostic testing, regression analysis in a financial context and experimental design.

      It provides the key tools needed for the FATSE module which follows in the Spring term.

    • Financial and Time Series Econometrics

      15 credits
      Spring Teaching, Year 1

      The primary aim of this module is for you to become familiar with a variety of applied time-series econometric techniques, enabling the confident and independent use of these techniques.

      An important emphasis of the module is to provide you with 'hands-on' experience of econometric analysis through using a variety of economic data sets.

    • Managerial and Human Resource Economics

      30 credits
      Spring Teaching, Year 1

      Analyse how firms organise, motivate and manage their employees.

      In this module you explore:

      • key theoretical concepts and methods
      • analytical models to provide a framework for understanding organisational design and the management of employees
      • real world issues and applications.
    • Research Methods for International Finance and Business

      15 credits
      Spring Teaching, Year 1

      This module equips you with practical statistical and econometric tools for international finance, information about economic data sources and their limitations, an understanding of how research and analysis fit into the policy-making and decision-making processes and how to communicate with users of analysis.

    • Business Economics Research Project

      30 credits
      Summer Teaching, Year 1

      In this module, you conduct research for a 10,000-word project on a topic in either international business economics or business economics.

      You choose your project topic from a set of approved topics provided by faculty and your project is assessed on the basis of:

      • the relevance of the research question investigated
      • applied work undertaken including the collection and preparation of data, the formulation of the empirical model, the estimation and interpretation of the results, and the quality of the write-up.

    Options

    Alongside your core modules, you can choose options to broaden your horizons and tailor your course to your interests.

    • Accounting for Decision Makers

      15 credits
      Autumn Teaching, Year 1

      This module is designed as an introduction for non-financial managers to comparative international accounting, and financial reporting and analysis, within the context of converging standards.

      No prior knowledge of accounting procedures is assumed or required.

    • Global Business

      15 credits
      Autumn Teaching, Year 1

      The module will widen the perspective of aspiring managers regarding the strategic implications of global change and facilitate more informed strategic planning and implementation within companies. The module is introductory and wide ranging in scope. A balance is sought between theory and practice with seminars placing an emphasis on contemporary case studies.

Find out about postgraduate Economics courses at the University of Sussex

Entry requirements

A lower second-class (2.2) undergraduate honours degree or above, normally with evidence of ability in mathematics or quantitative related areas.

English language requirements

Standard level (IELTS 6.5, with not less than 6.0 in each section)

Find out about other English language qualifications we accept.

English language support

Don’t have the English language level for your course? Find out more about our pre-sessional courses.

Additional information for international students

We welcome applications from all over the world. Find out about international qualifications suitable for our Masters courses.

Pre-Masters in Management and Finance

Need to boost your academic skills for your taught course? Find out more about our Pre-Masters in Management and Finance.

Visas and immigration

Find out how to apply for a student visa


Fees and scholarships

How much does it cost?

Fees

Home: £7,700 per year

EU: £7,700 per year

Channel Islands and Isle of Man: £7,700 per year

Overseas: £15,100 per year

Note that your fees may be subject to an increase on an annual basis.

How can I fund my course?

Postgraduate Masters loans

Borrow up to £10,280 to contribute to your postgraduate study.

Find out more about Postgraduate Masters Loans

Scholarships

Our aim is to ensure that every student who wants to study with us is able to despite financial barriers, so that we continue to attract talented and unique individuals.

Chancellor's Masters Scholarship (2017)

Open to students with a 1st class from a UK university or excellent grades from an EU university and offered a F/T place on a Sussex Masters in 2017

Application deadline:

1 August 2017

Find out more about the Chancellor's Masters Scholarship

Postgraduate Economics Scholarship for African students. (2017)

The scholarship is for a student from a sub-Saharan African country studying for either the Development Economics MSc or the Economics MSc

Application deadline:

1 July 2017

Find out more about the Postgraduate Economics Scholarship for African students.

SPRU 50th Anniversary Scholarship (2017)

Five £10,000 scholarships for outstanding applicants who have accepted a place on one of SPRU’s five MSc courses.

Application deadline:

1 July 2017

Find out more about the SPRU 50th Anniversary Scholarship

St. Kovachev Scholarship for International Marketing MSc (2017)

The scholarship is for a UK/EU student studying for the International Marketing MSc.

Application deadline:

1 July 2017

Find out more about the St. Kovachev Scholarship for International Marketing MSc

St. Kovachev Scholarship in Economics MSc or International Business Economics MSc (2017)

The scholarship is for a UK/EU student studying for the Economics MSc or International Business Economics MSc

Application deadline:

1 July 2017

Find out more about the St. Kovachev Scholarship in Economics MSc or International Business Economics MSc

Sussex Graduate Scholarship (2017)

Open to Sussex students who graduate with a first or upper second-class degree and offered a full-time place on a Sussex Masters course in 2017

Application deadline:

1 August 2017

Find out more about the Sussex Graduate Scholarship

Sussex India Scholarships (2017)

Sussex India Scholarships are worth £3,500 and are for overseas fee paying students from India commencing Masters study in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex India Scholarships

Sussex Malaysia Scholarships (2017)

Sussex Malaysia Scholarships are worth £3,500 and are for overseas fee paying students from Malaysia commencing Masters study in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex Malaysia Scholarships

Sussex MBA Scholarship (2017)

The Sussex MBA Scholarship is available on a competitive basis to UK, EU and international applicants who have been offered a place on The Sussex MBA.

Find out more about the Sussex MBA Scholarship

Sussex Nigeria Scholarships (2017)

Sussex Nigeria Scholarships are worth £3,500 or £5,000 and are for overseas fee paying students from Nigeria commencing a Masters in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex Nigeria Scholarships

Sussex Pakistan Scholarships (2017)

Sussex Pakistan Scholarships are worth £3,500 and are for overseas fee paying students from Pakistan commencing Masters study in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex Pakistan Scholarships

The Hornsey Scholarship (2017)

A £10,000 award for an outstanding student on the MSc in International Accounting and Corporate Governance.

Application deadline:

31 July 2017

Find out more about the The Hornsey Scholarship

How Masters scholarships make studying more affordable

Living costs

Find out typical living costs for studying at Sussex.


Faculty

Meet the people teaching and supervising on your course.

You study economics in the stimulating environment of a Business School, where business-focused modules and case studies enhance your understanding of international business economics.”Dr Farai Jena
Course Convenor

Careers

Graduate destinations

100% of students from the Department of Economics were in work or further study six months after graduating. Our students have gone on to jobs including:

  • analyst, HSBC
  • economist, Central Bank of Ireland
  • research fellow, Overseas Development Institute.

(HESA EPI, Destinations of Post Graduate Leavers from Higher Education Survey 2015)

Your future career

This course is for you if you wish to pursue a management career in international business or the financial sector, and take up such roles as business or financial analyst.

Working while you study

Our Careers and Employability Centre can help you find part-time work while you study. Find out more about career development and part-time work

Contact us