This programme combines the strengths of the School of Social Science and the Business School to explore the intersection between money, politics and power and the relationship between international finance and policymaking at the transnational level.
This programme is studied on campus.
This programme is designed to train specialists for careers in the international finance or in the government/non-government (NGO) sectors, where an understanding of global flows of money, trade and labour, and the global distribution of wealth they engender, is required.
Over the last few decades, there has been a steady increase in cross-border financial flows, as a result of the globalisation of financial markets. At the same time, we have witnessed fundamental societal and political changes and how nation-states behave and interact with one another, as well as technological advances and financial innovation.
As a result, businesses, governments, and investors therefore face an ever-growing need to understand the relationship between political relations and international markets. By combining the key theories and themes in the study of international political economy with corporate finance and investments, this Masters programme addresses the need, by teaching the advanced skills needed to gather, analyse and evaluate information on the politics of international finance and to enable you to communicate how international finance, banking, and stock markets intersect with national and international political events.
Key Programme Information
At a Glance
- Learning Mode
- On Campus Learning
- Degree Qualification
- 12 months or 24 months
- Study Mode
- Full Time or Part Time
- Start Month
- Location of Study
What You'll Study
- Semester 1
- International Political Economy: Theories and Themes (IR5007) - 30 Credit Points
Introduces students to the key theories and themes in the disciplinary study of International Political Economy. Topics covered include global inequality and wealth distribution; financialization and crisis; precarization of work; global regulation of trade, labour, and money; gender, and the environment in the international political economy.
- Issues in Corporate Finance (BU5034) - 15 Credit Points
This course introduces students to basic financial concepts before moving on to introduce students to a number of areas of corporate finance including investment appraisal decisions, examining capital structure theory, the financing decisions of the firm, and corporate restructuring. The main aim of the course is to equip students with good analytical skills in order to understand the implications of corporate financing decisions by understanding why companies behave the way they do with respect to financing choices and how this interacts with the real world financial markets, and to enable students to understand the theoretical underpinnings of corporate finance theory.
- Economic Analysis (BU5033) - 15 Credit Points
The course will cover the main elements of Microeconomic Theory together with how this underpins the macro economy, covering consumer theory, how consumers choose under constraint of a budget, to generate demands. How this theory can be used to consider the welfare effects of price changes will be considered. The problem of production will be examined to understand the supply, and the demand and supply side will be drawn together to consider market structure. How the theory can be used to identify market supplies and demands from empirical data will be examined.
- Semester 2
- Dimensions of Globalization (SO5512) - 30 Credit Points
This interdisciplinary course focuses on substantive dimensions of globalization by considering recent changes occurring in the economic, political, social, and cultural realms of society. These themes are analysed by considering recent empirical studies, which seek to clarify our theoretical understanding of globalization through advanced social scientific research. The substantive themes covered include global capitalism, the global division of labour, global governance, the changing role of the nationâ€state, transnational social change, and cultural homogenization and heterogenization. Interconnections between these aspects of globalization are highlighted.
- Portfolio Analysis (BU5526) - 15 Credit Points
This course examines theories and issues relevant to portfolio analysis. Themes include: risk and return; investment motives; the application of modern portfolio theory (including the Capital Asset Pricing Model); information and market efficiency; portfolio analysis and asset pricing; bonds and equities; real estate and derivative markets.
- Financial Analysis and Markets (BU5575) - 15 Credit Points
Like football, this course is a game of two halves. The first half is financial analysis and builds your ability to analyse companies and think about the implications of financial performance for investors. We will be using Datastream and Bloomberg software. In the second half we will think about how stock markets work and how they are regulated.
- Semester 3
- Dissertation in International Political Economy (IR5905) - 60 Credit Points
â€‹The dissertation in IPE enables students to develop in-depth knowledge of a topic of interest. Under close supervision by an expert on the topic selected, students have an opportunity to frame, develop, research and write a substantive and original thesis on a topic of their choosing.
We will endeavour to make all course options available; however, these may be subject to timetabling and other constraints. Please see our InfoHub pages for further information.
Why Study International Finance and Political Relations?
- This is an interdisciplinary programme that combines the strengths of the School of Social Science and the Business School
- There is a strong emphasis on providing a grounding in theoretical foundations of international finance and politics but combined with the key practical analytical skills and knowledge required by businesses, governments and other organisations.
- You will learn about the operation of international financial markets in the context of globalization, global capital flows and the interconnections between international business and social and political change to understand how the international financial system is affected by contemporary events and changes in international political systems.
- We welcome applications from students from across a wide range of academic backgrounds. You do not need a degree in business or politics to be considered for this programme.
We welcome applications from students from across a wide range of academic backgrounds. You do not need a degree in business or politics to be considered for this programme.
The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.
Applicants for admission will normally be expected to hold a relevant Honours degree with at least 2:1 standard from a recognised university or body. In exceptional circumstances, applicants without this qualification may be admitted subject to having an alternative qualification, or an approved level of work experience, appropriate to the field of study.
Please enter your country to view country-specific entry requirements.
English Language Requirements
To study for a Postgraduate Taught degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:
OVERALL - 6.5 with: Listening - 5.5; Reading - 5.5; Speaking - 5.5; Writing - 6.0
OVERALL - 90 with: Listening - 17; Reading - 18; Speaking - 20; Writing - 21
OVERALL - 62 with: Listening - 51; Reading - 51; Speaking - 51; Writing - 54
Cambridge English Advanced & Proficiency:
OVERALL - 176 with: Listening - 162; Reading - 162; Speaking - 162; Writing - 169
You will be required to supply the following documentation with your application as proof you meet the entry requirements of this degree programme. If you have not yet completed your current programme of study, then you can still apply and you can provide your Degree Certificate at a later date.
- Degree Certificate
- a degree certificate showing your qualifications
- Degree Transcript
- a full transcript showing all the subjects you studied and the marks you have achieved in your degree(s) (original & official English translation)
- Personal Statement
- a detailed personal statement explaining your motivation for this particular programme
Fees and Funding
You will be classified as one of the fee categories below.
|Home / EU / RUK Students||£9,000|
|Tuition Fees for 2020/21 Academic Year|
|Tuition Fees for 2020/21 Academic Year|
International non-EU Applicants
- In exceptional circumstances there may be additional fees associated with specialist courses, for example field trips. Any additional fees for a course can be found in our Catalogue of Courses.
- For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our InfoHub Tuition Fees page.
Our Funding Database
View all funding options in our Funding Database.
This programme is aimed at training highly qualified specialists for careers in the international business and finance sector or in government or the non-government (NGO) organisations, where an understanding of global flows of labour, trade and finance, and the global distribution of wealth and poverty they engender, is required.
Information About Staff Changes
You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. Staff changes will occur from time to time; please see our InfoHub pages for further information.
Get in Touch
Student Recruitment & Admissions Service
University of Aberdeen