MA International Political Economy

University of Warwick

 

INTAKE: September

Program Overview

The University of Warwick, located in Coventry, United Kingdom, offers an esteemed MA International Political Economy program. This postgraduate degree is designed to provide students with a comprehensive understanding of the dynamic interactions between politics, economics, and global governance in the contemporary world. Rooted in interdisciplinary perspectives, the program equips students with the analytical tools and critical thinking skills necessary to explore complex issues such as globalization, economic development, and international cooperation.

  1. Foundations of Political Economy: Students explore the historical evolution of political economy as a field of study, tracing its roots in classical and contemporary theories of economics, politics, and social organization. They examine competing perspectives on capitalism, socialism, neoliberalism, and alternative economic systems.

  2. Globalization and Economic Integration: This module focuses on the processes and impacts of globalization on the world economy. Students analyze the drivers of globalization, including trade liberalization, financialization, technological innovation, and the emergence of global value chains. They critically assess the economic, social, and political implications of globalization for states, societies, and individuals.

  3. International Economic Institutions: Students study the role and functions of key international economic institutions, such as the International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO). They examine the governance structures, policy frameworks, and decision-making processes of these institutions and assess their impact on global economic governance and development outcomes.

  4. Economic Development and Inequality: This module examines the challenges and prospects of economic development in the Global South. Students explore theories of development, strategies for poverty reduction, and the role of state policies, international aid, and foreign investment in promoting inclusive and sustainable development. They also analyze the dynamics of income inequality, social exclusion, and economic justice in a globalized world.

  5. Trade and Investment Politics: Students delve into the politics of international trade and investment, including trade negotiations, investment treaties, and regional economic integration initiatives. They analyze the interests, power dynamics, and bargaining strategies of states, multinational corporations, and civil society actors in shaping trade and investment policies and regulations.

  6. Financialization and Crisis: With a focus on financialization and economic crises, students explore the role of financial markets, institutions, and regulations in shaping the global economy. They examine the causes and consequences of financial crises, such as the 2008 global financial crisis, and assess policy responses aimed at stabilizing financial markets and restoring economic growth.

  7. Development Policy and Governance: This module examines the role of states, international organizations, and civil society actors in designing and implementing development policies and programs. Students analyze policy debates and controversies in areas such as poverty alleviation, health, education, and environmental sustainability, and evaluate the effectiveness of development interventions in achieving sustainable development goals (SDGs).

  8. Research Methods and Dissertation: The program includes training in research methods, enabling students to conduct independent research on topics of interest within the field of international political economy. They culminate their studies by writing a dissertation under the guidance of faculty members, applying theoretical insights and analytical skills to address substantive issues or policy challenges in international political economy.

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Location

University of Warwick

Pollster Education

Score

IELTS 7

Pollster Education

Tuition Fee

£ 28190

Postgraduate Entry requirements

1. Academic Qualifications: Postgraduate applicants are expected to hold a relevant undergraduate degree from a recognized institution, with a minimum academic achievement of 60% to 80%.  

2. English Language Proficiency:  

  • IELTS (International English Language Testing System): Minimum overall score of 7.0, with minimum component scores of two at 6.0/6.5 and the remaining components at 7.0 or above.

  • TOEFL (Test of English as a Foreign Language): Minimum score of 100 on the internet-based test (iBT), with minimum sub-scores of Reading 22, Listening 21, Speaking 23, and Writing 21.

  • PTE (Pearson Test of English): Minimum overall score of 70, including 59 or above in all components.

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 Warwick offers a range of scholarships and financial aid opportunities to support international students pursuing their academic aspirations at one of the UK's leading universities. These scholarships are designed to recognize academic excellence, promote diversity, and alleviate financial barriers to higher education. 

Chancellor's International Scholarship: The Chancellor's International Scholarship is offered to outstanding international PhD applicants across all disciplines. This scholarship covers the full payment of overseas tuition fees and provides a generous stipend to support living expenses. Recipients of this scholarship are selected based on academic excellence and research potential.

Warwick Marshall Scholarship: The Warwick Marshall Scholarship is open to students from select developing countries who wish to pursue a Master's degree at Warwick. This scholarship covers full tuition fees, accommodation, and living expenses for the duration of the Master's program. Applicants must demonstrate academic excellence, leadership potential, and a commitment to making a positive impact in their home countries.

Commonwealth Shared Scholarship: Warwick participates in the Commonwealth Shared Scholarship scheme, which enables students from eligible Commonwealth countries to pursue a Master's degree in selected subjects at the university. This scholarship covers tuition fees, airfare, living expenses, and other allowances. Applicants must meet specific eligibility criteria outlined by the Commonwealth Scholarship Commission.

Other Departmental Scholarships: Various academic departments and faculties at Warwick offer specific scholarships and funding opportunities for international students based on academic merit, research potential, and other criteria. These scholarships may vary by program and are typically advertised on departmental websites.

External Funding Sources: In addition to university-specific scholarships, international students are encouraged to explore external funding sources, including government scholarships, corporate sponsorships, and international organizations offering financial support for higher education. The university's international office provides guidance and resources to help students identify and apply for external funding opportunities.

It is important to note that scholarship availability, criteria, and application deadlines may change from year to year.

Graduates of the MA International Political Economy program from the University of Warwick possess a diverse skill set that prepares them for a wide range of career opportunities in academia, government, international organizations, NGOs, think tanks, and the private sector. 

  1. Policy Analyst/Advisor: Many graduates pursue careers as policy analysts or advisors in government ministries, international organizations, or policy research institutes. They provide expertise on economic policy issues, analyze policy options, and contribute to the formulation and evaluation of economic development strategies, trade policies, and regulatory reforms.

  2. International Relations Specialist: Graduates may work as international relations specialists, focusing on economic diplomacy, trade negotiations, and global governance issues. They represent governments, international organizations, or multinational corporations in diplomatic negotiations, forge partnerships, and promote economic cooperation and development initiatives.

  3. Development Economist: Some graduates choose to work as development economists, conducting research and analysis on economic development issues in developing countries. They assess the impact of economic policies and interventions on poverty, inequality, and human development outcomes and provide evidence-based recommendations to governments, donors, and development agencies.

  4. Trade Policy Analyst: Graduates may work as trade policy analysts or consultants, advising governments, industry associations, or advocacy groups on trade policy issues. They conduct research on trade agreements, analyze the economic implications of trade liberalization, and assess the competitiveness of industries in global markets.

  5. Political Risk Analyst: With expertise in international political economy, graduates may work as political risk analysts for consulting firms, financial institutions, or multinational corporations. They assess political and economic risks associated with international investments, geopolitical events, and policy changes and provide strategic advice to investors and decision-makers.

  6. Researcher/Academic: For those interested in academia and research, opportunities exist in universities, research institutes, and think tanks. Graduates may pursue doctoral studies or research positions, conducting research on topics such as globalization, economic governance, regional integration, or development economics and publishing scholarly articles in academic journals.

  7. Non-Governmental Organization (NGO) Officer: Graduates may work for NGOs or advocacy organizations focused on economic justice, human rights, or sustainable development. They design and implement advocacy campaigns, conduct policy research, and mobilize civil society engagement to promote social and economic reforms at the local, national, or international levels.

  8. Corporate Strategy Consultant: Some graduates leverage their analytical skills and understanding of global economic trends to work as corporate strategy consultants for multinational corporations. They provide strategic advice on market entry strategies, competitive positioning, and risk management strategies in a globalized business environment.

  9. Financial Analyst: Graduates may work as financial analysts for investment banks, asset management firms, or financial research companies. They analyze macroeconomic trends, assess investment opportunities, and provide recommendations on asset allocation, portfolio management, and risk hedging strategies in global financial markets.

  10. Entrepreneurship and Start-ups: Some graduates may choose to start their ventures or join start-up companies focusing on innovative solutions to economic and social challenges. They may develop social enterprises, fintech startups, or sustainable development initiatives, leveraging their understanding of international political economy to create positive social impact and generate economic value.


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