Development Finance MSc

Year of entry: 2026

Course length: 12 Months Full-Time | 24 Months Part-Time

This master’s course offers a comprehensive exploration of development finance, equipping you with the tools to understand and address the financial challenges faced by developing and transitional economies. You'll gain a deep understanding of how financial systems operate in different development contexts, and how they can be harnessed to support inclusive growth and poverty reduction.

Through a combination of theoretical grounding and applied learning, you’ll develop the skills to analyse complex economic issues, evaluate policy options, and contribute meaningfully to the design and implementation of financial strategies. The course places strong emphasis on practical problem-solving - training you to identify development challenges, investigate their root causes, and justify policy responses using robust evidence.

You will also strengthen your ability to develop reasoned arguments, critically assess data and methodologies, and engage with competing perspectives in development finance. Whether you're aiming to work in government, international organisations, NGOs, or financial institutions, this programme will prepare you to navigate and influence the evolving landscape of global development finance.

UK Top 10

Join a university ranked 6th in the UK and 11th in the world for development studies (QS World University Rankings by Subject 2025).

Theory in Focus

Study the theoretical approaches concerning development issues.

Building Expertise

Gain a detailed knowledge of the key issues and debates in economic development.

Shahryar, Iran

Development Finance MSc

Development Finance graduate Shahryar, from Iran, now serves as Chief Advisor for Strategic Planning to the CEO of the Social Insurance Fund for Farmers, Rural Residents, and Nomads (SIFRN). In this role, he plays a key part in advancing poverty alleviation efforts and promoting inclusive social protection across underserved communities.

“Having a master’s degree in Development Finance from The University of Manchester and the GDI has been a career booster. The critical thinking, theoretical knowledge, and practical skills obtained at GDI have made me a good investment for employers in the field of development.”

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