International Business Economics MSc 2022/23 entry

Course code:

FBLT044

Study options:

1 year full-time
2 years part-time

How to Apply
Location:

Coventry University (Coventry)

Starting:

September 2022

 

Fees:

2022/23 fees TBC*
2021/22 fees - £14,250

Find out more

Faculty:

Get in touch


Course code:

FBLT044

Study options:

1 year full-time
2 years part-time

How to Apply
Location:

Coventry University (Coventry)

Starting:

September 2022

 

Fees:

2022/23 fees TBC*
2021/22 fees - £17,900

Find out more

Faculty:

Get in touch


The content of this course for September 2022 entry is still being updated.
The information on these pages relates to September 2021 entry and is for guidance only. Please revisit this course page for updated information.

Overview

This specialist Master’s programme examines in depth critical issues in international business economics, together with the complexities of, and challenges facing, today’s world markets.

We focus on practical economic analysis, policy formulation and market efficiency in a real-world context, designed to bring you up-to-speed with challenges facing modern businesses through guest speakers (subject to availabilty), industry visits, case studies and internship opportunities*. Emphasis is given to developing quantitative skills to evaluate outcomes of economic policies and interventions, making evidence-based decisions.

Our experienced teaching staff aim to share their professional or research expertise, with current staff members having worked as economists for large companies, run national training courses or published in leading journals, including the International Journal of Economics and Business Research. You can also benefit from industry-standard facilities, including our Trading Floor, which is equipped with 42 dual-screen Bloomberg terminals. Please note that this is subject to availability and staff are subject to change.

*Please note that we are unable to guarantee any placement or study abroad opportunities including internships, industry visits, social events, visiting speakers and field trips, and that any such opportunities referred to on this webpage including social events, field trips and industry trips may be subject to additional costs (e.g. travel, visas and accommodation etc.), competitive application, availability and/or meeting any applicable visa requirements. To ensure that you fully understand the requirements in this regard, please contact the International Office for further details if you are an EU or International student.

Why Coventry University?

An award-winning university, we are committed to providing our students with the best possible experience. We continue to invest in both our facilities and our innovative approach to education. Our students benefit from industry-relevant teaching, and resources and support designed to help them succeed. These range from our modern library and computing facilities to dedicated careers advice and our impressive Students’ Union activities.

COVID-19

The University may deliver certain contact hours and assessments via emerging online technologies and methods across all courses. In response to the COVID-19 pandemic, we are prepared for courses due to start in or after the 2020/2021 academic year to be delivered in a variety of forms. The form of delivery will be determined in accordance with Government and Public Health guidance. Whether on campus or online, our key priority is staff and student safety.

Due to the ongoing restrictions relating to COVID-19, some facilities (including some teaching and learning spaces) and some non-academic offerings (particularly in relation to international experiences), may vary from those advertised and may have reduced availability or restrictions on their use.

Global ready

An international outlook, with global opportunities

Employability

Career-ready graduates, with the skills to succeed

Student experience

All the support you need, in a top student city

Accreditation and Professional Recognition

This course is accredited and recognised by the following bodies:

Chartered Management Institute (CMI)

Chartered Management Institute (CMI)

The course currently includes the Chartered Management Institute (CMI) accredited module, Entrepreneurial Practice. Students who successfully complete the CMI module and meet the CMI evidence requirements will also gain a Level 7 Certificate in Strategic Leadership and Management and a Level 7 Award in Professional Consulting. This will enable you to apply for Chartered Manager status via the qualified route, once all CMI entry criteria have been met (please visit the CMI website for full details on the criteria to qualify as a Chartered Manager and applicable fees).

Coventry University’s accreditation with CMI is currently ongoing for the relevant modules, but is frequently reviewed and monitored by the CMI through their quality systems. If any changes occur with respect to our accreditation related to these modules, we will seek to notify applicants and students as soon as possible.

European Foundation for Management Development (EFMD)

European Foundation for Management Development (EFMD)

Coventry Business School is currently an active member of the European Foundation for Management Development, a global membership organisation dedicated to management development, covering over 900 members across 91 countries. There is currently no intention for this membership to lapse however if this membership is not renewed we would notify applicants and students as soon as possible.


Chartered Association of Business Schools (CABS)

Chartered Association of Business Schools (CABS)

Coventry Business School is currently an active member of the Chartered Association of Business Schools, which has a membership of over 120 business schools and higher education providers, and supports its members in maintaining world-class standards of teaching and research. There is currently no intention for this membership to lapse however if this membership is not renewed we would notify applicants and students as soon as possible.

What our alumni say

This course provided me with a vast knowledge on finance and economics…it helped me with analyzing data and trends as well as offering international exposure.

Tarik Hasen, Alumni, graduated 2019, MSc International Business Economics

Course information

The primary purpose of this course is to try and equip you with the practical experience, skills and knowledge to apply advanced economics principles and mathematics to support decision making – at a global, national or individual firm level.

Upon successful completion, this ability to practice effective decision making should support you as you progress into your chosen future career, either as an economist or in related roles and sectors.

We adopt a holistic approach, exploring the synergies between economic theory, management practice, international business and finance.

Throughout your studies, you will have the opportunity to encounter real-life scenarios. You will also have the opportunity to learn how to use managerial economics tools to solve actual economic problems – from determining optimal pricing strategies to evaluating mergers and take-overs, among others.

Course content is regularly reviewed and updated to reflect new developments in economics, the world economy and the needs of private and public sectors. For example, we have recently examined the topic of why corporate CEO pay is so high.

Through our current links with external organisations, including regulatory bodies and public sector institutions, as well as major firms, we aim to provide relevant guest lectures for our students, with previous attendees coming from firms such as PricewaterhouseCoopers (PwC) and the Government Economic Service (subject to availability).

This course can be offered on a part-time basis, with study over two years. Whilst we would like to give you all the information about our part-time offering here, it is tailored for each course each year depending on the number of part-time applicants. Therefore, the part-time teaching arrangements vary. You can make an enquiry about part-time study using our online forms, for UK and for EU/International students.

Course Specification
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Modules

Overview

The course is underpinned by the study of economics – both micro and macro – as applied in business and strategic management within developed and emerging markets. You might analyse the ramifications of changes in the international economic environment on the growth and prosperity of specific nations, or you may be required to recommend and justify the price for a new produce launch. This is complemented by modules in corporate and international finance, which introduce pricing, investment and financing, together with relevant legislation and regulation. All of the below modules are mandatory.

In your final semester, you will also have the opportunity to study the Entrepreneurial Practice module , developed in partnership with the Chartered Management Institute (CMI), focused on consultancy, which can lead to a professional qualification upon successful completion. For more information please see the Accreditation and Professional Recognition section.

Modules

  • International Macroeconomics for Business

  • Economics of Strategic Management

  • Corporate Finance

  • Quantitative Methods

  • Economics of Emerging Markets

  • Business Economics and the European Union

  • International Business and Global Strategy

  • International Financial Markets

  • Project

  • Entrepreneurial Practice

  • Governance, Accountability and Ethics

We regularly review our course content, to make it relevant and current for the benefit of our students. For these reasons, course modules may be updated.

In more detail...

  • Opportunity to study towards a professional qualification with a CMI accredited module in Entrepreneurial Practice, which could help to develop your leadership and management skills. Please see the Accreditation and Professional Recognition section for full details.
  • Current Faculty research expertise in Exchange Rate Equilibriums, International trade, Foreign Direct Investment, and Conflict Economics.
  • Innovative, interactive teaching which features business simulations and software to give students the opportunity to gain practical insights into business problems and IT solutions.
  • Expert contributions to the course by professionals from industry, sometimes our own alumni, which has in the past included representatives from a variety of private and public sector organisations. (subject to availability).
  • Strong current links with employers to ensure the course is responsive to the needs of potential employment sectors, such as the telecommunications sector (Vodafone) and the IT sector (FDM Group).
  • A Student-led Economics Society that organises social events, visiting speakers and field trips*, which in the past have included a visit to Amsterdam to visit the stock exchange. visit the stock exchange (subject to availability, additional costs may apply).
  • Study at Coventry Business School, which was ranked as ‘Excellent’ in 2019 by Eduniversal, a ranking of business schools in over 150 countries.
  • Excellent facilities include our Trading Floor which features 42 dual screen Bloomberg terminals.
  • Access to maths and statistics support from the University’s sigma centre, located next to Coventry Business School in the Lanchester Library, which is open for 50 hours a week over 6 days during term time.
  • Course content informed by the Faculty research centre, the Centre for Corporate and Financial Integrity, which explores topics related to the course, in areas such as governance, applied economic analysis and economic policy .
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Excellent facilities include our state-of-the-art trading floor featuring 42 dual screen Bloomberg terminals.

The main study themes covered on the course are;

Macroeconomics for business: Explores the economic processes of globalisation as well as the economic basis for trade and protectionism. We also examine the macroeconomic objectives of governments and how the pursuit of these objectives and factors such as exchange rate regimes may impact upon the international business environment.

Corporate finance: Covers theories and practice associated with the key corporate decisions on investment, financing and dividends. You will have the opportunity to gain an insight into the role and importance of governance and ethics within the firm and financial markets in general. We will explore the techniques and models of asset pricing and also try to develop the skills necessary to critically analyse and interpret the financial statements of firms and become aware of their limitations.

International markets and market efficiency: Explore how markets operate and are regulated, analysing the behaviour of market players, including monopolies, together with the factors which cause market failure. You will have the opportunity to learn to identify and evaluate the various business and economic sources of growth in the major emerging market economies, popularly known as the BRICs, and gain insights into their evolving trading and investment patterns and implications of their success on mature developed economies, especially in the context of the changing global balance of power with China and India as the leading economies.

Quantitative methods: To familiarise you with the extensive range of statistical and mathematical techniques necessary to effectively analyse problems in the field of finance and economics. You will be introduced to the areas of descriptive and inferential statistics, sampling methods and hypothesis testing, simple and multiple regression analysis, experimental design, time series analysis and forecasting, optimisation techniques, and decision analysis in an applied context.

Economics of Strategic Management: To help you understand the key concepts and tools used in the economic analysis of management strategy. We evaluate the relative strengths and weaknesses of, and interactions between, various forms of management strategy. You will be offered the opportunity to achieve a comprehensive knowledge of the economic framework within which business operates and apply appropriate judgment to real economics and business cases.

This course can be studied full-time over one year and may also be taken part-time over two years. Whilst we would like to give you all the information about our part-time offering here, it is tailored for each course each year depending on the number of part-time applicants. Therefore, the part-time teaching arrangements vary. If you are interested in part-time study, please contact us using our online forms, for UK and for EU/International students.

As well as traditional teaching and learning methods, such as lectures, workshops and seminars, specific subjects adopt a mix of experimental approaches to facilitate richer deeper learning. These sessions may be delivered through a combination of face-to-face teaching, individual and group tutorials and online classes and tutorials. Furthermore, your project supervisor will provide guidance on your research project.

We use numerous case studies, empirical applications, advanced statistical and analytical software and data sources to expose you to real-world problems and techniques that we believe that you would be likely to encounter in your future workplace.

Many of our current teaching staff are research active and aim to disseminate up-to-date developments in their fields, fostering debate and discussion. For example, previous cohorts have had the opportunity to make use of lecturers’ research outputs in their seminar discussions and drawn case studies for use in their workshops from research outputs of staff on the programme. Please note that staff are subject to change.

You will have the opportunity to participate in range of field trips and industry visits, at home and abroad*, with previous excursions visiting Manchester United and Jaguar Land Rover in the UK.

This course will be assessed using a variety of methods which will vary depending upon the module. Assessment methods include a project, reports, presentations, formal examinations and practical coursework.

The Coventry University Group assessment strategy ensures that our courses are fairly assessed and allows us to monitor student progression towards the achieving the intended learning outcomes. Assessments may include exams, individual assignments or group work elements.

On successful completion, you will have knowledge of;

  • The concepts and theories in economics and international trade, and their application to real-world situations.
  • Financing arrangements, strategies and governance structures of business, voluntary and governmental organisations. 
  • Mathematical and econometric techniques for economic analysis.
  • The complex operation and function of markets in different regulatory settings.
  • The contemporary and controversial issues in economics and business in emerging markets.

On successful completion, you will be able to;

  • Use diagnostic and decision making skills in dealing with economic and international business problems.
  • Select and apply modelling and quantitative techniques in economic policy and international business contexts. 
  • Search for relevant data and information sources, manage gathered data and use it to systematically and creatively comprehend, analyse and synthesise complex issues.
  • Demonstrate self-direction and originality in approaching, tackling and finding solutions to economic and analytical problems, and identifying relevant data and information patterns.
  • Critically assess and evaluate the conceptual and theoretical frameworks in economics and international business, as well as challenge their assumptions.
  • Exercise judgement in the selection of different theoretical frameworks and methodological approaches to analyse issues and problems in real-world economic contexts. 
  • Find, extract, manipulate, analyse and interpret economic data from various sources and develop reasoned conclusions.
  • Critically assess, compare and contrast the economic environment and policy outcomes in national and international contexts.

We set out below the typical teaching contact hours that you will receive on this course. In addition to the contact hours below, we offer the opportunity to attend additional optional sessions, such as guest lectures (subject to availability), or to meet with staff during their advice and feedback hours.

As an innovative and enterprising institution, the University may seek to utilise emerging technologies within the student experience. For all courses (whether on-campus, blended, or distance learning), the University may deliver certain contact hours and assessments via online technologies and methods.

In your first and second semester, you will have around 14 contact hours of teaching a week. The contact hours may be made up of a combination of face-to-face teaching, individual and group tutorials, and online classes and tutorials.

A strong emphasis is placed on the project module in your final semester and therefore total teaching contact hours may be reduced.

In addition, you will be expected to undertake a significant amount of self-directed studying and revising in your own time each week, including some guided study using hand-outs, online activities etc.

The course naturally has an intercultural and international focus, with current staff drawn from a variety of countries. Team work, discussions and group presentations are designed to encourage sharing of ideas and knowledge between students of diverse backgrounds. Furthermore, the subject of international trade, FDI and emerging markets themselves are international by nature and you will be given the opportunity to work on case studies from across the globe. Please note that staff are subject to change.

Furthermore, the Centre for Global Engagement (CGE) is Coventry University’s dedicated service that supports students’ international experience. Whether you are interested in studying abroad or would like to gain some work, volunteering or teaching experience in the UK, Europe or beyond*, CGE is here to make it a reality (additional costs, and visa regulations, may apply).

While studying at Coventry University, you will also have the opportunity to join the Global Leaders Programme, which offers practical and exciting workshops with the aim to increase your global awareness, as well as the chance to hear from internationally renowned speakers. Please note opportunities are subject to availability, competitive application, and there is a fee to join the Global Leaders Programme.

Please note that we are unable to guarantee any overseas opportunities and that any such opportunities referred to on this webpage may be subject to additional costs (e.g. travel, visas and accommodation etc.), competitive application, availability and/or meeting any applicable visa requirements. To ensure that you fully understand the requirements in this regard, please contact the International Office for further details if you are an EU or International student.

What our alumni say

This course provided me with a vast knowledge on finance and economics…it helped me with analyzing data and trends as well as offering international exposure.

Tarik Hasen, Alumni, graduated 2019, MSc International Business Economics

Entry Requirements

Applicants should hold a good honours degree 2.2 or above in a relevant academic discipline. Applications from candidates with relevant experience will be considered on an individual basis. Each application will be considered on its merits and the final decision will be made by the course director.

For information regarding what might amount to a relevant experience please fill in our request information form.

Applicants should hold a good honours degree 2.2 or above in a relevant academic discipline. Applications from candidates with relevant experience will be considered on an individual basis. Each application will be considered on its merits and the final decision will be made by the course director.

For information regarding what might amount to a ‘relevant experience’ that would count please use our online form for EU/International students.

English as a Foreign Language: This course requires IELTS of 6.5 overall, with no component lower than 5.5. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

What our alumni say

This course provided me with a vast knowledge on finance and economics…it helped me with analyzing data and trends as well as offering international exposure.

Tarik Hasen, Alumni, graduated 2019, MSc International Business Economics.

Tuition Fees

We pride ourselves on offering competitive tuition fees which we review on an annual basis and offer a wide range of scholarships to support students with their studies. Course fees are calculated on the basis of what it costs to teach each course and we aim for total financial transparency.

Starts

Fee


September 2022

2022/23 fees TBC*
2021/22 fees - £14,250 (per year)


Scholarships

If you're a truly outstanding undergraduate candidate we may be able to offer you a Coventry University Scholarship. Coventry University Scholarships are awarded to recognise truly exceptional sports achievement and academic excellence.

Starts

Fee


September 2022

2022/23 fees TBC*
2021/22 fees - £17,900 (per year)


Scholarships

If you're a truly exceptional candidate we may be able to offer you a Coventry University Scholarship. Coventry University Scholarships are awarded to recognise truly exceptional achievement and academic excellence.

This course may incur additional costs associated with any field trips, placements or work experience, study abroad opportunities or any other opportunity (whether required or optional), which could include (but is not limited to) travel, accommodation, activities and visas.

EU student fees

EU nationals starting in the 2020/21 academic year remain eligible for the same fees as home students and the same financial support. Financial support comes from Student Finance England, and covers undergraduate and postgraduate study for the duration of their course, providing they meet the residency requirement.

For tuition fee loans

EU nationals starting in the 2020/21 academic year must have resided in the European Economic Area (EEA) or Switzerland for the three years prior to the start of their course. The purpose of that three year residency should not have been mainly for the purpose of receiving full time education.

For maintenance loans

EU nationals starting in the 2020/21 academic year must have resided in the UK and Islands for the five years prior to the start of their course. The purpose of that five year residency should not have been mainly for the purpose of receiving full time education.

Career prospects

Graduate Immigration Route visa

Based on current information from the UK Government, international students whose study extends beyond summer 2021 may be eligible for a visa under the UK Government’s Graduate Immigration Route, which will enable students to stay and work, or look for work, in the UK at any skill level for up to two (2) years. Check the most up to date guidance available to check your eligibility and any updates from the UK Government before making an application or enrolment decision.

Upon successful completion, you should be well informed to face the challenges of managers working in international financial and business markets in the 21st century.

You could work as an economist, analyst or consultant for non-governmental organisations (NGOs), such as the World Bank or International Monetary Fund (IMF), or private companies and public sector organisations. Typical roles include becoming a financial analyst, bond trader, policy analyst, bank examiner, research analyst, actuary or market research consultant.

The nature of specialist knowledge, technical, analytical and transferrable skills you will have the opportunity to develop during the programme, and the opportunity to align your final semester project to match specific career aspirations aims to produce highly employable experts in economic analysis with working understanding of concepts applicable to various institutions and fields, upon successful completion.

Many of our previous graduates have found employment positions after graduation. Alternatively, if you wish to pursue research at PhD level, it can provide an excellent stepping stone into a research career. Please note that further study opportunities may be subject to competitive application, availability, meeting any applicable visa requirements and additional costs may apply.

Coventry University is committed to preparing you for your future career and giving you a competitive edge in the graduate job market. The University’s Talent Team provide a wide range of support services to help you plan and prepare for your career.

Where our graduates work

Previous graduates of this course have gone on to work at the Bank of Botswana, the Bank of China, and the Ministry of Law, Justice and Parliamentary Affairs of Bangladesh.  

What our alumni say

This course provided me with a vast knowledge on finance and economics…it helped me with analyzing data and trends as well as offering international exposure. 

Tarik Hasen, Alumni, graduated 2019, MSc International Business Economics.
Disclaimer

By accepting your offer of a place and enrolling with us, a Student Contract will be formed between you and the university. A copy of the 2021/22 Contract can be found here. The Contract details your rights and the obligations you will be bound by during your time as a student and contains the obligations that the university will owe to you. You should read the Contract before you accept an offer of a place and before you enrol at the university.

The tuition fee for the course that is stated on the course webpage and in the prospectus for the first year of study will apply. We will review our tuition fees each year. For UK and EU students, if Parliament permit an increase in tuition fees, we may increase fees for each subsequent year of study in line with any such changes. Note that any increase is expected to be in line with inflation. Following the UK’s exit from the European Union, EU students should be aware that there may be a change to UK laws following the UK’s exit, this may change their student status, their eligibility to study part time, and/or their eligibility for student finance. We will act in accordance with the UK’s laws in force in relation to student tuition fees and finance from time to time.

For International students the tuition fee that is stated on the course webpage and in the prospectus for the first year of study will apply. We will review our tuition fees each year. For international students, we may increase fees for each subsequent year of study but such increases will be no more than 5% above inflation.