Course summary

As global economies become increasingly interconnected, the role of finance in achieving sustainable development has never been more critical. The MSc Development Finance is a forward-thinking programme that explores the complex relationship between finance, economic growth, and development outcomes, with a specific focus on the challenges and opportunities facing low- and middle-income countries. This course goes beyond traditional finance training. You’ll gain a deep, practical understanding of how financial systems, institutions, and instruments can be harnessed to support inclusive and equitable development. From microfinance and impact investing to public financial management and financial inclusion, the course offers a comprehensive look at how finance can become a tool for transformation. What makes this programme unique is its dual emphasis on financial development policy and real-world financial management. You'll explore how policy decisions affect economic development at both national and grassroots levels, and how to design and implement those policies effectively in complex, resource-constrained environments. You’ll also develop the ability to collect, analyse and critically interpret data from a wide variety of sources, equipping you with key analytical and research skills that are essential in today’s data-driven policy landscape. Through case studies, simulations and applied research, you'll tackle real financial issues affecting development, such as access to capital, debt sustainability, and governance of financial institutions. Throughout the course, you’ll build confidence in formulating arguments, defending multiple perspectives, and proposing creative, evidence-based solutions to some of the world’s most pressing development finance problems. You’ll learn to engage with both the theory and practice of economic development; developing not just knowledge, but the critical thinking and policy-making skills needed to make a genuine impact. By the end of the course, you'll be equipped with in-depth knowledge of the core debates and strategies in development finance, a strong grasp of the theoretical underpinnings of global economic development, and the practical tools needed to shape policies that work in diverse international contexts. Whether you’re looking to work in government, international organisations, financial institutions, or NGOs, this course will prepare you to be a confident, thoughtful, and effective contributor to the future of global development finance.