MSc International Business Economics: University of Westminster

Introduction

This course provides you with expertise in international business economics. It also provides excellent analytical skills regarding the operation and management of modern business in a complex global environment.

By the end of the course, you will have the necessary knowledge of the operation of firms in an international market. You will also be able to critically assess the nature and the operation of the international economy with particular reference to trade and finance.

You will develop an in-depth understanding of the states influence on the operation of firms both nationally and internationally, and be able to comprehend a firm’s strategic policy making decisions whilst considering various national and international pricing and trading regulations. You will also be able to statistically analyse various aspects of international business such as growth, merger and acquisition and international capital movement.

Course Content

The course equips you with the power of advocacy in presenting cases and advising key decision makers on complex and strategic international business economics issues.

Core modules

• Applied Microeconomics
• Current Issues in Business
• Data Analysis
• Forecasting Financial Markets
• International Macroeconomics
• Research Methods for Projects/Dissertation Project

Options, choose two from:

• Development Theory and Practice
• Economics of Global Financial Markets
• Environmental Economics
• International Development Finance
• International Financial Reporting
• Modern Finance
• Project Management and Appraisal, or
• Another WBS postgraduate module, with the permission of the course leader

Teaching and Assessment

The course adopts a variety of teaching methods including lectures, seminars and workshops. Students will be expected to develop a high degree of competence in data handling analysis and problem solving, using appropriate computer software as required. Throughout the course, practical examples and case studies will be emphasised and student’s own experience in international business will be drawn upon where appropriate. Students will be required to attend special workshops on communication techniques, teamwork and presentation skills.

Associated Careers

In the majority of cases you are expected to pursue careers in relevant aspects of the economics of international business. While having a strong disciplinary base in business economics, you will also draw on other cognate disciplines and so be in a position to work with specialists in other areas and to present findings and analysis to non-specialists. Graduates will be substantially equipped and eligible to pursue a research degree in a relevant area, if they wish.

Entry Requirements

• You will normally hold a first degree from a recognised institution (minimum 2.2), or international equivalent in economics or another subject but with adequate study of economics and quantitative methods.
• In addition, it is essential that you speak, write and comprehend English fluently.
• Entrants for whom English is not their mother tongue or who have not recently studied or worked in an English environment, are normally required to have passed IELTS (or any other recognised English language test of the same standard) with a minimum score of 6.5.