MSc Global Economy

Glasgow-Scotland

 

INTAKE: September

Program Overview

The Master of Science (MSc) in Global Economy is designed to explore the history, structure, and economic impact of contemporary globalization within a profoundly multinational and multilingual environment. This program is ideal for individuals without a background in economics or business who wish to delve into the complexities of the global economic landscape.

Curriculum: The curriculum focuses on understanding how economic growth is stimulated and sustained amid intense global competition, emphasizing the roles of institutions and infrastructure in attracting economic activity. Students will examine the functions of national governments and supranational bodies in the global economy, assessing how economic and business systems impact citizens in both developing and developed nations. Key topics include international trade, the interplay between education, innovation, and investment, foreign direct investment, multinational corporations, and the implications of Global Value Chains and Global Production Networks, alongside considerations of corporate social responsibility and global citizenship.

Research Focus: The program offers an elective course titled "Globalisation Of International Banking And Finance," which explores the process and impact of globalization on international financial and banking systems. Topics include the development of national banking systems, financial market integration, financial innovation, prudential supervision and regulation, and the causes and consequences of recent international financial crises.

Industry Engagement: While specific industry engagement opportunities are not detailed in the provided sources, the program's emphasis on practical issues such as international trade, foreign direct investment, and multinational corporations suggests potential interactions with industry professionals and organizations. These interactions would enhance the practical relevance of the academic curriculum and prepare students for real-world challenges in the global economy.

Global Perspective: The MSc in Global Economy fosters a global learning environment by attracting a diverse cohort of students from around the world. The program encourages students to consider how local economies integrate into the broader global context, equipping them with the knowledge and skills to enhance trade capacity, improve economic understanding, and develop entrepreneurial abilities. Graduates are well-prepared for leadership roles in corporate, non-governmental, or policy-driven settings, with career opportunities in global economics, foreign trade, international NGOs, and policy environments.

Pollster Education

Location

Glasgow-Scotland

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

£ 28500

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.
    • TOEFL: A minimum overall score of 90, with at least 19 in Listening, 20 in Reading, 19 in Speaking, and 23 in Writing.
    • PTE Academic: A minimum overall score of 60 with no individual score below 59.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

The University of Glasgow offers a variety of scholarships to both domestic and international students to help support their studies. These scholarships are offered at both the undergraduate and postgraduate levels and are awarded based on merit and financial need.

Postgraduate Taught Excellence Scholarship: This scholarship is available to international students studying a master's program and offers a tuition fee discount of up to £5,000.

Postgraduate Research Scholarship: This scholarship is available to international students pursuing a research degree and covers the full cost of tuition fees.

Sir Fitzroy Maclean Postgraduate Scholarship: This scholarship is available to international students pursuing a postgraduate degree in either the School of Humanities or the School of Social and Political Sciences.

Chancellors Award: This scholarship is available to both domestic and international students studying any discipline at the University of Glasgow and offers a tuition fee discount of up to £10,000.

Glasgow International Leadership Scholarship: This scholarship is available to international students studying any postgraduate program and offers a tuition fee discount of up to £10,000.

Glasgow Refugee, Asylum and Migration Network Scholarship: This scholarship is available to students who have sought refuge in the UK and are studying any undergraduate or postgraduate program.

The MSc Global Economy program at the University of Glasgow provides students with a deep understanding of the global economic landscape and equips them with the skills and knowledge necessary for successful careers in various sectors.  

International Economist: Graduates can work as international economists, analyzing global economic trends, conducting economic research, and providing insights into the global economic outlook. They assess the impact of economic policies, trade agreements, and market developments on different countries and industries. The program equips graduates with a strong foundation in economic theory, quantitative analysis, and global economic frameworks, making them valuable assets for international organizations, think tanks, and government agencies.

Policy Analyst: Graduates can pursue careers as policy analysts, working in government organizations, non-profit institutions, or international bodies. They analyze economic policies, evaluate their effectiveness, and provide recommendations for policy improvements. The program equips graduates with a deep understanding of economic policy frameworks, policy evaluation techniques, and economic modeling, making them well-prepared to contribute to policy-making processes and shape economic strategies.

Economic Consultant: Graduates can work as economic consultants, providing advisory services to businesses, governments, and international organizations. They conduct economic research, analyze market trends, and offer insights on economic opportunities and risks. The program equips graduates with analytical skills, economic modeling techniques, and industry knowledge, making them well-suited for economic consulting firms, research institutes, and economic development agencies.

Market Analyst: Graduates can pursue careers as market analysts, specializing in analyzing global markets and identifying investment opportunities. They assess market trends, evaluate risks, and provide recommendations on investment strategies. The program equips graduates with knowledge of financial markets, economic indicators, and market analysis techniques, making them competitive candidates for market research firms, investment banks, and asset management companies.

International Trade Specialist: Graduates can work as international trade specialists, focusing on understanding and facilitating international trade relations. They analyze trade policies, assess market access barriers, and provide guidance on trade negotiations. The program equips graduates with knowledge of international trade frameworks, trade agreements, and trade policy analysis, making them valuable assets for government trade departments, international organizations, and consulting firms.

Development Economist: Graduates can pursue careers as development economists, working in the field of economic development and poverty reduction. They analyze development projects, assess their impact, and provide recommendations on sustainable economic policies. The program equips graduates with a deep understanding of development economics, econometric analysis, and policy evaluation, making them well-prepared for roles in international development organizations, NGOs, and research institutions.

Financial Analyst: Graduates can work as financial analysts, specializing in analyzing global financial markets and evaluating investment opportunities. They conduct financial research, assess risk-return profiles, and provide recommendations on portfolio management. The program equips graduates with financial analysis skills, knowledge of international finance, and market forecasting techniques, making them competitive candidates for financial institutions, investment firms, and multinational corporations.

Researcher/Academic: Graduates can pursue research or academic careers, furthering their studies or conducting economic research in academic institutions or research organizations. They contribute to the advancement of economic knowledge, publish research papers, and participate in economic conferences. The program provides graduates with the necessary research skills, critical thinking abilities, and economic theory knowledge to pursue doctoral studies or research-focused careers.

Business Analyst: Graduates can work as business analysts, providing economic insights and market analysis for companies operating in the global market. They analyze market trends, assess competitor strategies, and provide recommendations for business growth and expansion. The program equips graduates with a strong understanding of economic principles, data analysis techniques, and strategic thinking, making them valuable assets for multinational corporations, consulting firms, and market research companies.

Entrepreneurial Ventures: Graduates with a passion for entrepreneurship can start their own businesses, leveraging their understanding of the global economy to identify market opportunities and develop innovative solutions. The program equips graduates with a broad perspective on the global economic landscape, market dynamics, and entrepreneurial skills, providing a solid foundation for venturing into new business ventures and startups.


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