MSc
1 year full time, 2 years part time
Starts September 2017

International Finance and Economics

Understand the impact of finance and financial markets on the wider global economy.

You'll develop the technical and analytical skills required by the finance industry and learn about the uses of finance in developed and developing countries.

You'll study financial and monetary economics as well as technical aspects such as corporate finance and financial econometrics.

Key facts

  • With an Economics Masters at Sussex, you’ll be discussing the latest theories surrounding the biggest global issues of today – including poverty, trade, development and energy.
  • You’ll be preparing yourself for a prestigious career, whether it be in government, consultancy, banking or within an NGO.
  • Our faculty integrate their research into their teaching so you learn from some of the top global thinkers in economy how to apply economic theory to contemporary topics. 

How will I study?

The eight core modules are assessed by unseen examinations, presentations and a term paper.

The applied finance research project is the final assessment unit, supervised by faculty, to help you develop your skills as a researcher.

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).

    • Corporate and International Finance

      15 credits
      Autumn Teaching, Year 1

      This module covers the most important topics in corporate finance such as: capital investment decision-taking; financing andcapital structure; risk management; and portfolio theory. You will then analyse issues in international finance including: models of exchange rates; efficiency in foreign exchange markets; monetary unions; and international financial crises.

    • Money, Macro and Banking

      30 credits
      Autumn Teaching, Year 1

      This module is designed to consolidate your understanding of the macroeconomics behind international finance, and of money and banking.

      The main teaching will be done in classes but you will be required to attend lectures in money and banking (shared with undergraduates), and download and use a lecture series on the core concepts and tools of macro-economics.

    • 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.

    • Finance for Development

      30 credits
      Spring Teaching, Year 1

      This module discusses and analyses the major challenges and current initiatives in the creation of finance industries appropriate to, and effective in, developing countries.

      Topics will include:

      • foreign direct investment and developing countries
      • banking and microfinance
      • migration and remittances
      • financing infrastructure and public good provision.
    • 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.

    • Monetary Theory and Policy (Masters)

      15 credits
      Spring Teaching, Year 1

      This module has two main objectives. The first objective is to develop an advanced understanding of the objectives, environment and instruments of monetary policy makers. 

      The second objective is develop an advanced understanding of the economics of the banking industry, its regulation and the origins of financial crises.

      The module differs from the undergraduate final year option module of the same name by the nature of the class topics, which will relate the material to the needs of finance students, rather than economics students.

    • 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.

    • Applied International Finance Project

      30 credits
      Summer Teaching, Year 1

      To prepare a 10,000-15,000-word project on a topic in international finance. The project will be chosen from a set of topics provided the faculty and will be assessed on the basis of the applied undertaken, including defining the model, finding data, estimating results and interpreting the results.

Find out about postgraduate Economics courses at the University of Sussex

Entry requirements

A lower second-class (2.2) undergraduate honours degree or above, including evidence of ability in either economics or quantitative subjects such as mathematics or statistics

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.

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 is a demanding course that has been designed in consultation with senior professionals from London’s financial sector. It gives you essential skills and knowledge for a career in international finance.

You develop transferable technical and analytical skills that are in demand in the finance industry and learn about the uses of finance in:

  • developed and developing countries
  • financial and monetary economics
  • more technical aspects such as corporate finance and financial econometrics.

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

The MSc offered an unique chance to get deep insight into economic theories and methodologies for students coming from the field of business like me.”Deniz Kern
Ernst & Young AG Switzerland
Consultant Financial Services

Contact us