MSc in International Economy and Business
Welcome to the MSc in International Economy and Business, a dynamic postgraduate program designed to equip ambitious students with the knowledge and skills to navigate the complexities of the global economic landscape. Tailored for international students, including those from India, this course bridges theoretical insights with practical applications, preparing you for leadership roles in multinational corporations, international organizations, and emerging markets. Whether you're transitioning from an Indian undergraduate degree in economics, business, or related fields, this program offers a gateway to worldwide opportunities.
Program Overview
The MSc in International Economy and Business is a one-year full-time program (or two years part-time) that delves into the intricacies of global trade, economic policies, and business strategies. Delivered by renowned faculty with expertise in international finance and development economics, the curriculum emphasizes real-world relevance, incorporating case studies from Asia, Europe, and beyond. For Indian students, this means exploring how global economic shifts impact emerging economies like India's, providing a comparative edge over traditional domestic programs.
Key Features:
- Duration: 12 months full-time; flexible part-time options available.
- Start Date: September intake, with applications opening in October.
- Location: Vibrant campus in [City/Country], with access to industry hubs and international networks.
- Tuition Fees: Approximately £15,000–£20,000 for international students (scholarships available; see below).
- Language: Fully taught in English, ideal for non-native speakers with IELTS 6.5+.
This program stands out by integrating interdisciplinary approaches, blending economics with business management to address contemporary challenges like sustainable development and digital globalization—topics increasingly relevant to India's growing role in the world economy.
Why Choose This Program for Indian Students?
As an Indian student aspiring to study abroad, you're likely seeking a qualification that enhances your employability in competitive global markets. The MSc in International Economy and Business is particularly appealing because:
- It offers exposure to diverse perspectives, contrasting Western economic models with those from BRICS nations, helping you apply insights to India's unique context, such as GST reforms or Make in India initiatives.
- Networking opportunities abound through guest lectures from alumni at firms like Tata Group, Infosys, and international bodies like the World Bank, fostering connections that can lead to internships or jobs back home or abroad.
- The program emphasizes practical skills, including data analytics for economic forecasting and negotiation in international trade—skills that complement your Indian education and set you apart in placements.
- With over 30% of our cohort from South Asia, you'll find a supportive community, cultural events, and resources tailored for international adjustment, easing the transition from life in India.
- Post-study work visas in the host country allow you to gain 1–2 years of experience, boosting your resume for roles in India's booming sectors like fintech and e-commerce.
In comparison to similar programs in India (e.g., at IIMs or Delhi University), this MSc provides a truly international accreditation, often recognized by bodies like AACSB, enhancing your global mobility.
Curriculum and Modules
The curriculum is structured into core modules, electives, and a dissertation, ensuring a balanced mix of theory and practice. You'll engage in interactive seminars, group projects, and simulations of real economic scenarios, such as Brexit's impact on trade or China's Belt and Road Initiative.
Core Modules (Semester 1)
Module Name | Description | Credits |
---|---|---|
International Macroeconomics | Explore global economic trends, exchange rates, and monetary policies. Analyze how events like the US-India trade deal affect emerging markets. | 20 |
Global Business Strategy | Develop strategies for multinational enterprises, focusing on entry modes into markets like India and ethical considerations in cross-border operations. | 20 |
International Trade and Finance | Study WTO regulations, tariffs, and financial instruments. Includes case studies on India's export growth in IT and pharmaceuticals. | 20 |
Elective Modules (Semester 2)
Choose from a range of electives to specialize in areas of interest. Popular choices for Indian students include:
- Development Economics: Tackle issues like poverty alleviation and sustainable growth in South Asia.
- Digital Economy and Blockchain: Examine how technologies are reshaping global business, with relevance to India's Digital India campaign.
- Emerging Markets Finance: Focus on investment opportunities in India and Southeast Asia.
- Sustainable Business Practices: Learn ESG (Environmental, Social, Governance) frameworks for ethical global operations.
The program culminates in a 15,000-word dissertation (60 credits), where you can research topics like "The Impact of Globalization on Indian SMEs" under expert supervision. Assessment includes exams (40%), coursework (40%), and presentations (20%), promoting a holistic learning experience.
Entry Requirements
We welcome applications from Indian students with a strong academic background. Minimum requirements include:
- A bachelor's degree (or equivalent) in Economics, Business, Finance, or related fields with at least 55–60% aggregate from a recognized Indian university (e.g., UGC-approved institutions).
- English Proficiency: IELTS 6.5 overall (no band below 6.0) or TOEFL iBT 90. PTE 62 is also accepted; many Indian students qualify via CBSE/ISC English scores.
- Work Experience: Not mandatory, but 1–2 years in business or economics enhances your application.
- Supporting Documents: Transcripts, two academic references, a personal statement (500 words) outlining your interest in international economy, and a CV.
- For Indian qualifications: Degrees from IITs, IIMs, or top state universities are highly regarded; we assess equivalence via NARIC.
International students from India benefit from our streamlined visa guidance, ensuring compliance with Tier 4 student visa requirements.
Career Prospects
Graduates of the MSc in International Economy and Business are in high demand, with 95% employed within six months. This program opens doors to diverse roles, particularly appealing for Indian students aiming for global careers or returning to contribute to India's economy.
Top Career Paths:
- International Trade Analyst at organizations like WTO or Export-Import Bank of India (EXIM Bank).
- Global Business Consultant with firms such as KPMG, Deloitte, or McKinsey, advising on cross-border strategies.
- Economic Policy Advisor in government bodies like NITI Aayog or international agencies like IMF/ADB.
- Investment Banker specializing in emerging markets at HSBC or ICICI Bank international divisions.
- Supply Chain Manager for multinationals like Reliance or Amazon, focusing on Asia-Pacific logistics.
Average starting salary: £35,000–£45,000 (approx. ₹35–45 lakhs) in the UK/Europe; higher in India with international experience. Our career services include CV workshops, mock interviews, and job fairs with Indian recruiters.
Scholarships and Funding for Indian Students
To make studying abroad accessible, we offer tailored funding options:
- International Excellence Scholarship: Up to £5,000 based on academic merit; priority for Indian applicants with 70%+ in bachelor's.
- India-Specific Awards: Partnerships with British Council and Inlaks Shivdasani Foundation provide partial fee waivers.
- Loans and Grants: Guidance on education loans from Indian banks like SBI or HDFC Credila, with interest subsidies under Vidya Lakshmi portal.
- Part-Time Work: Up to 20 hours/week allowed on student visa, helping cover living costs (£10,000–£12,000/year in the host city).
Apply early for scholarships—deadlines align with program intake.
Application Process
Applying is straightforward:
- Online Application: Submit via our portal with documents.
- Interview: Shortlisted candidates attend a 20-minute virtual interview (accommodating Indian time zones).
- Offer and Visa: Receive conditional/unconditional offer; our team assists with CAS (Confirmation of Acceptance for Studies) for UK visas or equivalents.
- Deadlines: Priority deadline: January 15; final: June 30.
Join us to transform your career in the international arena. For queries, contact our admissions team at admissions@studyabroaduni.ac.uk.