COURSE CURRICULUM

The MSc Development Finance at the University of Reading provides an advanced understanding of how financial systems influence economic development, particularly in low- and middle-income countries. The programme focuses on the role of domestic and international financial systems in shaping development outcomes, with critical attention to financial inclusion, funding mechanisms, and policy frameworks. Core modules such as Development Finance examine trends and policy issues in the sector while evaluating different funding sources available to governments in developing economies. Microfinance explores financial services for rural and urban poor populations, assessing their effectiveness and sustainability. Development Economics provides a broader foundation in the relationship between economic systems, food security, and global development challenges. Students also develop practical analytical skills through Appraisal of Agricultural and Rural Development Projects, which focuses on financial, economic, social, and environmental evaluation of development initiatives. A Dissertation allows for independent research on a specialised topic, integrating theoretical and empirical knowledge. Optional modules extend learning into areas such as Econometrics, Energy, Climate Change and Development, Food Security and Development, Poverty, Inequalities and Gender in Development, and Economics of Financial Markets and Public Policy. Overall, the programme equips students with strong analytical, quantitative, and policy evaluation skills, preparing them for careers in international development organisations, financial institutions, NGOs, and government agencies focused on economic development and financial systems.