Our International Economics and Finance MSc will suit you if you have a non-financial background. It is also for those interested in a management career with an emphasis on finance and international economics.
The behaviour of public and private sector organisations is significantly influenced by international economic developments in the financial and goods markets. As a result, there is a demand in the market for individuals with a comprehensive understanding of:
- economic and financial theory
- policy dimensions within an open economy context
This course will suit motivated students who want to pursue careers in:
- investment banking
- financial research
- financial trading
What you'll learn
You will gain an international perspective in the role of finance and monetary policy. You will learn to understand and analyse:
- international finance markets
- the international trading system
- the role played by key supranational institutions like the International Monetary Fund (IMF) and World Trade Organization (WTO)
You will develop a comprehensive set of technical and quantitative skills that are highly regarded in the private sector.
Where possible you will have access to advanced statistical software including:
You will also have access to a number of financial databases including:
- Thompson Financial's DataStream
On completion of this course, you will be able to:
- deploy the main analytical techniques in the area of finance and have an advanced capability with some of these techniques
- critically assess the quality of the analytical data generated by these techniques
- synthesise and present relevant data, conclusions and recommendations to both specialist and non-specialist audiences
- exercise responsibility and leadership in group projects
- apply knowledge, skills and understanding to complex issues within finance and related industries
The course is excellent preparation for work in multinational enterprises in roles dealing with:
- exporting or foreign investment decisions
- foreign exchange risk management
- portfolio fund management
- financial services
- regulatory bodies
- corporate finance and consultancy
It also provides preliminary training if you wish to pursue further research in view of a career in research institutions or central banks.
Graduates from the course have undertaken various roles including:
- Senior Financial Analyst
- Leading Liquidity Manager
- Strategic Marketing Analyst
- Trainee Actuary
- Trainee Investment Manager
This course is modular, comprising 180 credits.
Guest lectures and networking opportunities
Practitioners from the world of finance and business give guest lectures every year, providing insight into career paths and job roles. You will interact with these experts to identify career opportunities and develop strategies on how to progress in your career.
You can view the profiles of some of our previous guest lecturers to get an idea of what we offer.
Throughout the academic year we also hold many events on campus that you are welcome to join. Events are topical and provide great opportunities for you to network with:
- national and multinational organisations
Practitioner and research led teaching
The course builds on our established research strengths in finance and economics:
View profiles of the academic staff who teach on the course:
Modules for 2017 entry
- NBS8015 Financial Theory
- NBS8019 Research Methods in International Economics and Finance
- NBS8186 Introductory Econometrics
- NBS8251 Microeconomic Theory
- NBS8252 Macroeconomic Theory
- NBS8256 International Trade
- NBS8257 Applied Econometrics
- NBS8020 Dissertation
You will take a further 30 credits from the following:
- NBS8018 International Money and Banking
- NBS8187 Time-Series Econometrics
- NBS8200 Behavioural Finance
- NBS8202 Financial Derivatives
- NBS8204 Central Banking
- NBS8258 Advanced Topics in International Trade
- NBS8259 Cross Sectional and Panel Econometrics
- NBS8336 Portfolio Management
- NBS8337 Economics of Commodity Markets
Fees & Funding
The fees displayed here are per course.
Full time: £7,200
Full time: £7,200
Full time: £19,200
A 2:1 honours degree, or international equivalent. Your transcripts need need to show an understanding of:
- basic calculus
- probability theory
- statistical inference
You can use your personal statement to show your mathematical knowledge if it is not clear from your transcripts.
To study this course you need to meet our Band 6 English Language requirements:
Direct Entry: IELTS 6.5 overall (with a minimum of 6.0 in all sub-skills)
If you have lower English Language scores, you may be accepted onto a pre-sessional English course.
Our typical English Language requirements are listed as IELTS scores but we also accept a wide range of English Language tests.
The equivalent academic qualifications that we accept are listed on our country pages.
Pre-sessional English Course RequirementsPre-sessional English Course Requirements
- 6 week Pre-sessional entry: IELTS 6.0 overall (with 6.0 in writing and a minimum of 5.5 in all other sub-skills)
- 10 week Pre-sessional entry: IELTS 6.0 overall (with 1 sub-skill at a minimum of 5.0 and 3 sub-skills at a minimum of 5.5, including writing)
You can study our Pre-sessional English course at the INTO Newcastle Centre.
How to Apply
The course starts in September. There is no application closing date for this course.
We suggest international students apply at least two months before the course starts. This is so that you have enough time to make the necessary arrangements.
There is a non-refundable application fee of £50. You need to pay this before we can process your application.
To pay your application fee and make an application please visit our WebStore.
If you live outside the UK/EU you must:
- pay a deposit of £1,500
- or submit an official letter of sponsorship
The deposit is payable after you receive an offer to study at Newcastle University. The deposit is non-refundable, but is deducted from your tuition fees when you register.
Key benefits were well-structured programme modules, excellent professors, the selection of textbooks and course materials, as well as new opportunities. Masters study enabled me to become more professional in my field of study, strengthened my logical and numerical skills, and offered me better opportunities for finding well-paid jobs.
The programme has bridged the gap between theoretical economics and finance and their practical applications. It has enhanced my reasoning ability and helped me to develop my research skills, analyse and interpret data. I enjoyed the advanced technology available and easy access to research journals, data and a fully equipped library.
I gained an understanding of the theoretical content and how it connects to what happens in the real world. These empirical cases have prepared me for my future career. I’ve adapted to a new and varied learning style full of seminars, group assignments, empirical and research method lectures and I really enjoy it.
The programme offered me a strong modular structure with a good range of optional modules. It integrates and bridges networked learning between knowledge of economy and real world application. Aside from theoretical concepts of economy that were taught in class, we also had the opportunity to implement these in problem-solving workshops.
The one year duration, the international student body and the high academic standards encouraged me to strive for my best. The incredible support, insightful lectures and challenging deadlines enabled me to excel in my studies and graduate from the programme with distinction. This one year has been a big step for both my personal and academic development.
I absolutely loved being a postgraduate student at Newcastle University Business School. It gave me the opportunity to make some great friends, both home and international students. The Business School was fantastic at organising various careers events throughout the year as well as academic activities, some of which I participated in, including the Boston Case Competition which involved working with students from Boston University in the USA.