MSc Sustainable Economic Development & Emerging Markets

Delivery:
Full time according to Funding Council definitions, Sandwich (Thick) out of college.

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Accredited by:

This conversion course is delivered by the Business School, which has AACSB accreditation in recognition of our focus on excellence in all areas. It’s something that fewer than 5% of business schools worldwide have achieved, so you can be sure you’re in good hands.

Focusing on sustainable economic development in a globalised market, this course has a particular emphasis on emerging markets. It reflects the growing interest and activity in economic development, particularly the role for industrial hubs and clusters in rapidly developing areas of the world such as Latin America and China, among several others.

The course will cover the economic, political and social aspects of economic development as well as offering option units in areas such as supply chains, innovation and entrepreneurship. You will also have the option to complete a 30-week work placement with a finance employer to help increase your employability even further. You can opt to take your placement in the UK or overseas, and in fact many large financial firms are located within Bournemouth.

Suitable for those who wish to work in the public sector (national or regional level), this course will also appeal to those who wish to work for NGOs and private sector organisations with interests in emerging markets.

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Key information

Next start date:

January 2020, September 2020, January 2021, September 2021

Location:

Bournemouth University, Lansdowne Campus

Duration:

September: 1 year full-time. January: 16 months full-time; 2 years with optional 30-week work placement, 2 years part-time

Accreditations:

The Association to Advance Collegiate Schools of Business (AACSB)

Required subjects:

All subjects considered

Entry requirements:

A Bachelors Honours degree with 2:2 or equivalent in any subject. For more information check out our full entry requirements.

International entry requirements:

If English is not your first language you'll need IELTS (Academic) 6.0 with a minimum of 5.5 in each component, or equivalent. For more information check out our full entry requirements.

Course details

Core units

Sustainable Regional Development: By examining crucial issues in local and regional sustainable development, the unit aims to help you understand a conceptual approach to regional development dynamics and how to deal with problems and challenges around the topic.
Emerging Market Economies: This unit intends to develop an understanding of the issues involved in emerging market economies. Its focus is upon economic issues and the economic consequences of political and social aspects of integration and development.
Business & Finance Analytics: You will be equipped with the skills to understand statistical processes and techniques for the collection, presentation, analysis and interpretation of data common in business and finance. You will be able to interpret, and communicate quantitative results and show how quantitative methods may be used to provide reliable management information.
International Economics: In this unit, you will underline the theories and basic models of international trade, finance, and exchange rates, with an emphasis on how the economics of international trade and finance plays out in the real world.
Global Economic Challenges: The unit aims to introduce you to economic theory and methodology as it applies to specific areas of applied economics. It does so in a way that demonstrates how economic theories and techniques can be used to address many of the most important issues facing humanity.
Research Project: The research project provides Master’s level students with an opportunity to undertake a significant piece of self-managed research in an area that interests you and is relevant to the course.

Option units (choose one)

SMEs & Entrepreneurial Finance: This unit aims to equip you with a theoretical and practical understanding of the major issues of sourcing funding to start or undertake a rapid expansion of businesses, especially in the context of regional economies.
Supply Chains, Networks & Markets: This unit examines the critical challenges, tasks and approaches associated with the management of inter-organisational relationships. You will explore both strategic management and marketing-related aspects of business-to-business and business-to-consumer relationships.
Entrepreneurship, Innovation & Design: You will develop an effective entrepreneurial, innovative, and design thinking mindset. The implementation of design management principles, innovative culture and governance will be explored in a variety of business contexts. The unit will explore the nature of entrepreneurial knowledge and skills, attributes, competences, and behaviours.

Optional work placement

The placement is intended to foster personal and professional development, and to help you to make a connection between academic learning and the working world.

You should consider how a range of financial theories can be used in practice to improve investment and financial management decision-making. The transferable skills developed will improve your performance in your future career in financial analysis and portfolio management.

Normally you will complete semester one and two of your programme at BU, before undertake the 30 weeks of work experience. You will then return to BU to complete your final dissertation.

Programme specification

Programme specifications provide definitive records of the university's taught degrees in line with Quality Assurance Agency requirements. Every taught course leading to a BU Award has a programme specification which describes its aims, structure, content and learning outcomes, plus the teaching, learning and assessment methods used.

Whilst every effort is made to ensure the accuracy of the programme specification, the information is liable to change to take advantage of exciting new approaches to teaching and learning as well as developments in industry. If you have been unable to locate the programme specification for the course you are interested in, it will be available as soon as the latest version is ready. Alternatively please contact us for assistance.

Download the programme specification (PDF 141kb)

Your application

This course may suit applicants who wish to work in:

The public sector (national or regional level)
Non-governmental Organisations (NGOs)
Multi-national business organisations
Organisations with interests in emerging markets.

What we’re looking for

We expect our students to be hard working and enthusiastic, open to new ideas and prepared to work with others to achieve the high standard of industry professionals that BU is renowned for.

You should have a strong interest and passion for extending your skills and knowledge, especially during the final stage of the course when you must research one topic of interest and write a 15,000 word dissertation on this subject.

Selection methods

How and when to apply

There is no application deadline for this course. However, if you will need a visa to come to the UK to study, think carefully about the length of time it will take for your visa application to be processed and make sure your visa will be ready in time for the beginning of your course.

Click the green ‘Apply now’ button to submit your application free of charge online through myHub, our application portal. You will create your own myHub account so that you can track the progress of your application. Don’t forget to save your application as you go; you can return to it at as many times as you want before you submit it. For more information visit our How to apply section.

Entry requirements

General entry requirements

The normal requirements for embarking upon a postgraduate taught degree are:

A Bachelors Honours degree with 2:2 in any subject, or equivalent.

If you lack the formal academic qualifications needed to enter a postgraduate or post-experience degree, there are several alternative routes to follow – some based on experience. Contact the Future Students Enquiry Team for more information.

International entry requirements

You can find details of the international qualifications we accept, and what level of study they apply to, on our entry requirements for non-UK students' page.

Please see below some examples of the qualifications for entry:

China: 学士学位 (Bachelor degree) with a minimum of 65% overall
Nigeria: Bachelor's degree from a recognised institution in Nigeria
Thailand: Thai Bachelor's (Honours) degree from a recognised higher education institution.
Vietnam: Bachelor's degree/Bang tot nghiep dai hoc with an average score of at least 7.0, or a Master’s degree/Thac si.
Turkey: Bachelor’s Degree (Lisans Diplomasi -four years) to be considered for a postgraduate course at BU.

All applications will be subject to a minimum grade and your degree may need to be in a relevant subject area.

English language requirements

If English is not your first language, you will need to provide evidence that you understand English to a satisfactory level. English language requirements for this course are normally:

IELTS (Academic) 6.0 with minimum 5.5 in each component, or equivalent.

View further information about our English language requirements.

Bournemouth University International College offers a number of pre-sessional English and preparatory programmes to prepare international students for postgraduate study at BU. Admission to the degree is guaranteed on successful completion of your course to the required level.

Placements

An exciting and valuable part of your studies with us is the opportunity to gain valuable experience through full-time paid industrial placements, for a minimum of 30 weeks. You will have the option to start your placement when the taught units of the course are finished, before the dissertation.

Find out more about placements for postgraduate students

What support is available?

We provide a lot of support for you to help you find work, including a block of seminars, covering topics such as writing a CV and a covering letter, completing an application form, performing well in interviews, and we also provide language support to assist you with the written elements of your applications.

However, it is ultimately your responsibility to find work. The university does not guarantee that you will find a place. As you all probably know, it is hard work finding a job.

During your time on placement you will be supported by a unit tutor and a placement development advisor who will visit you on placement and keep in touch by phone and email.

International students

If you choose to do a placement as part of your course:

If you have previously studied in the UK, we will consider any study limit that may apply. We will issue your CAS according to the length of time you are entitled to under UKVI regulations (if you do not have enough time left for a work placement year, we will issue your CAS to cover your course dates only).

If you decide after you have enrolled on your course that you do not want to do a placement, this will be reported to the UKVI when you have successfully completed your course.

If you choose not to do a placement as part of your course:

We will note this on your CAS and your visa will only be granted long enough to cover your taught course, excluding placement.

If you change your mind while you are here and decide you want to do a placement, you will need to leave the UK to make a new Tier 4 visa application for the additional year of study. You would need to pay for your return travel back to your home country, as well as the cost of a new Tier 4 student visa application.

Careers

What job roles can you expect?

Further study

Costs and fees

You can find full information about the deposits required and how to pay your fees in our postgraduate fees and funding section, including details of the Postgraduate Loan (subject to fee status).

All fees are quoted in pounds sterling and are per annum. Fees quoted are for tuition only unless stated otherwise. Your tuition fees will be the same for each year of your course.

Find out more about living expenses for postgraduate students

No hidden extras

What’s included in your tuition fee?

Your tuition fee covers expenses associated with your course including tuition materials, access to facilities, mandatory field trips and the following:

Materials for laboratory and field-based teaching activity
Support for finding placements (UK or abroad) and fieldwork, and non-financial support whilst on placement
A range of student services – advisors, help desks, counsellors, placement support and careers service
The Library – access to a wide range of electronic resources (databases, e-journals and e-books), print and multimedia collections, subject librarians and study spaces
IT labs (some open 24/7), wireless network, AV equipment to borrow
Peer Assisted Learning (PAL) scheme
Disability and additional learning support
The BU Language Centre to help you develop/improve foreign or English language skills
24 hours a day, 365 days a year security team.

Costs of living and other expenses you need to consider

Additional costs

We are committed to offering you value for money and ensuring there are no hidden costs while you are studying with us, therefore we have listed below any additional costs you may incur that are not covered by your tuition fee:

Accommodation and living costs. Our accommodation price guide can be found on our website.
Optional fieldwork travel, outdoor wear and footwear (where applicable)
Text books, general stationery and other supplies. Our award-winning library is stocked with a large range of text books and online resources, free of charge. The Students’ Union shops stock a wide range of stationery supplies on both campuses.
Travel costs to and from your placement (both in the UK and overseas). Information about funding your placement year can be found on the website.

Repeat units

Deposits

International (non-EU) students need to pay a non-refundable £2,000 deposit to secure their place on a postgraduate course. You will need to pay your deposit by the date stated in your offer letter. The remainder of your fee will be payable on registration/enrolment. There are two exceptions to the non-refundable rule on the deposit:

You fail to meet the academic or English requirements of your offer
You are refused a visa to enter the UK, provided the reason for the refusal is not a fraudulent application.

Financial help available from BU

Our staff

Dr Dermot McCarthy – Principal Academic

Dermot is Programme leader for Accounting, Finance and Economics. His research interests are cross-disciplinary, encapsulating areas of economics and employee relations. More specifically, his research focuses on public-sector economics, theory of the firm, public-sector industrial relations, employee share-ownership, and employee psychology.

Dermot has published a number of papers relating to the impact of privatisation and employee share-ownership on employee attitudes and commitment in the workplace.

Visit Dr Dermot McCarthy’s staff profile

Dr Christopher Hartwell – Professor Of Financial Systems Resilience

Dr Christopher Hartwell is Associate Professor of Financial Systems Resilience at Bournemouth University, as well as Fellow at the Center for Social and Economic Research (CASE) in Warsaw (where he was formerly President), an Associate Professor at Kozminski University in Poland, a Visiting Professor at the Russian Presidential Academy of National Economy and Public Administration (RANEPA), and a senior non-resident fellow at China Europe International Business School Institute for Emerging Market Studies (CEIBS-IEMS). A leading scholar on the evolution of economic institutions, Dr Hartwell’s interests are in institutional development, especially the interplay between financial institutions and other political and economic institutions.

View Dr Christopher Hartwell’s staff profile

Dr Marta Disegna - Senior Lecturer in Statistics & Econometrics

Marta specialises in the statistical and econometric analysis of the consumer behaviour with particular focus on the tourism, environment, and food sectors. In particular, she has extensively studied and adopted non-overlapping and fuzzy algorithms for market segmentation, censored regression models for the analysis of expenditure behaviour and willingness to pay or donate.

View Dr Marta Disegna's staff profile

Dr Davide Parrilli - Associate Professor of Regional Economic Development

His areas of research specialisation are:

SME Clusters and industrial districts
Regional innovation systems and business innovation modes
Global value chains and global innovation networks
Social capital and diasporas.

He has published in regional development journals, such as Research Policy, Technovation, Regional Studies, European Planning Studies, Entrepreneurship and Regional Development, Small Business Economics, Revue d’Economie Industrielle, Journal of Technology Transfer, among others.

View Dr Davide Parrilli’s staff profile

Professor Allan Webster - Professor of Economics

Allan has spent time outside the academic world with periods of employment as an associate director of an economic consultancy firm and in government. He has advised governments in a large number of emerging economies through consultancy projects funded by, amongst others, the World Bank, the European Union and the UN Development Programme. Countries which he has advised include Abu Dhabi, Azerbaijan, Barbados, Cameroon, Kazakhstan, Namibia and Trinidad and Tobago.

His core research interests are in the interaction between trade and FDI on the one hand and labour markets on the other. In recent years this has spilled over into an interest in tourism and labour market aspects of tourism in particular.

View Professor Allan Webster’s staff profile

Dr Sangeeta Khorana - Professor of Economics

Sangeeta's work focuses on conducting economic impact assessment (Brexit) and legal analysis of bilateral free trade agreements, EU’s trade agreements with emerging economies and public procurement reform. Ongoing and recently completed projects include economic assessment of Brexit for the Welsh Assembly and industry sectors, as well as providing advice on procurement reform in the Caribbean.

View Dr Sangeeta Khorana’s staff profile

Course changes

Changes for 2019

Date	Changes to this course
30/05/2019	Where the change was made: Course details Change: Removal of unit: Entrepreneurial Management Previous text: Entrepreneurial Management: Here, you'll examine the nature of strategy and strategic management in entrepreneurial ventures. There's a particular focus on growth strategies and managing the consequences of growth, and on strategic management style and managerial activities for coping with the challenges facing entrepreneurial ventures, especially alternative competitive advantage-seeking behaviour.

Date

Changes to this course

30/05/2019

Where the change was made: Course details
Change: Removal of unit: Entrepreneurial Management
Previous text: Entrepreneurial Management: Here, you'll examine the nature of strategy and strategic management in entrepreneurial ventures. There's a particular focus on growth strategies and managing the consequences of growth, and on strategic management style and managerial activities for coping with the challenges facing entrepreneurial ventures, especially alternative competitive advantage-seeking behaviour.