International Financial and Political Relations
Qualification(s) available: MSc
- Fees for the 2026-27 academic year
-
UK: £12,900International: £26,300
- Entry requirements
- 2:2 (55%)
- Full-time
- 1 year
- Part-time
- 2 years
- Location
- Loughborough
- Start date
- September 2026
- Department
- Geography and Environment
Our master's in international financial and political relations explores the intersection of finance, politics and international relations by examining the changing nature of financial systems, banking and regulation, and issues of governance.
The contemporary world is interconnected by global financial networks as never before. Global flows of money are pivotal in the twenty-first century world economy, yet are shaped by regulation in geographically specific ways to produce a dynamic financial landscape.
The increasing globalisation of financial and political networks is leading to greater demand for qualified specialists to provide both basic and applied knowledge in this area. Our MSc International Financial and Political Relations directly addresses these requirements.
You will benefit from the wide-ranging, world-renowned expertise of our academic staff, all of whom are committed to high-quality, research-informed teaching to ensure the very best learning experience.
Who should study this programme?
Our master's in international financial and political relations is suitable for those interested in the impact of developments in banking, financial globalisation and international political relations on international financial and political development.
Why you should choose us
Why you should study this degree
- It offers a unique opportunity to examine the contemporary geopolitics of the world economy.
- Our programme is ground-breaking and multi-disciplinary combining the study of global finance and politics.
- It offers critical perspectives on the links between finance and today’s largest societal challenges, including economic globalisation, climate change and geopolitics.
- You will be taught by world-leading researchers.
What you'll study
The following information is intended as an example only and is typically based on module information for the 2025/26 year of entry. Modules are reviewed on an annual basis and may be subject to future changes. Updated Programme and Module Specifications are made available ahead of each academic year. Please also see Terms and Conditions of Study for more information.
Our MSc International Financial and Political Relations covers a wide range of topics; to give you a taster, we have expanded on some of the core modules affiliated with this programme. For more information about part-time study patterns, please contact the School/Department.
Compulsory
Financial Globalization (15 credits)
The central aim of this module is for students to develop an advanced understanding of the central role of International Financial Centres (IFCs), and the clusters of financial services and advanced producers services contained therein, to the development of a globalised financial system.
Globalization: Key Debates and Issues (30 credits)
The aims of this module are to:
- Introduce students to debates surrounding the concept of globalization and show how a global perspective is at play in processes related to international economy, politics and knowledge;
- Outline the contributions of geographers to the understanding of globalization in the context of wider debates about processes of globalization across the social sciences.
International Politics: Issues and Policies (15 credits)
This module aims to provide students with knowledge of a range of issues drawn from contemporary international politics that are discussed in multilateral fora. It develops a problem-solving approach and impresses upon students the policy relevance of the discipline of International Politics. This module encourages students to explore a central characteristic of international life through introductory lectures into selected contemporary issues and practice relevant workshops. This is done through the development of conceptual knowledge, and the application of skills of analysis.
Compulsory
Corporate Finance for Non-Specialists (15 credits)
The aims of this module are:
- Introduce core issues in corporate finance suitable for a non-specialist audience.
- Provide an understanding of how corporate finance relates to, and integrates with, other corporate managerial activities.
- Develop relevant transferable and practical skills.
The Global Financial System under Climate Change (15 credits)
The central aims of this module are to:
- develop a diversity of perspectives to examine the contemporary financial system; and
- critically consider the relations between the global financial system and climate change.
Research Design and Practice (15 credits)
The aims of this module are to consolidate students' experiences of undertaking research in both the social science and humanities traditions and to equip them with the appropriate intellectual and practical methodological, writing and reflexive skills to successfully undertake an independent and original piece of critical research on an issue of relevance to their programme.
Governing Crises (15 credits)
The module will enable students to develop a critical understanding of the processes and mechanisms available to governments to respond and manage crisis at different levels. The module will introduce students to the key theories, concepts and applications of the emerging field of crisis management. It has been designed to foster students' capacity to critically analyse and apply this knowledge to a diverse range empirical cases and sites.
Dissertation in International Financial and Political Relations (60 credits)
The principal aim of this module is to produce an original critical piece of research specific to the programme on which a student is registered, using appropriate theoretical material, research methodologies and skills in data analysis, interpretation and writing-up.
Compulsory
Dissertation in International Financial and Political Relations
The principal aim of this module is to produce an original critical piece of research specific to the programme on which a student is registered, using appropriate theoretical material, research methodologies and skills in data analysis, interpretation and writing-up.
How you'll be assessed
You will be assessed by a combination of examinations, coursework and class presentations, as well as a dissertation on an agreed topic.
How you'll study
- Lectures
- Seminars
- Tutorials
- Field trips
- Independent study
- Access to online material
Entry requirements
Our entry requirements are listed using standard UK undergraduate degree classifications i.e. first-class honours, upper second-class honours and lower second-class honours. To learn the equivalent for your country, please choose it from the drop-down below.
Entry requirements for United Kingdom
A 2:2 honours degree with 55% or above (or equivalent international qualification) in Geography, Politics, International Relations, European Studies, Economics, Sociology, Cultural Studies, Business Studies, Accountancy and Finance or History.
Afghanistan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Masters | 95% | 85% | 70% |
Albania
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diplomë e Nivelit të Pare (First Level (University) Diploma (from 2010) | 9.5 | 8.5 | 8 |
Algeria
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licence (4 year) / Diplome d'Inginieur d'Etat / Diplôme d'Etudes Supérieures | 16 | 14 | 12 |
Argentina
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciatura/ Licenciado (4 year) | 8.5 | 7.5 | 6.0 |
Armenia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bakalavri Kochum required but typically a Magistrosi Kochum | 90% or 3.9 | 80% or 3.5 | 70% or 3.0 |
Australia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Honours degree (AQF level 8) | First Class, 80% | Upper Second, 70%, H2A | Lower Second, 60%, H2B |
| Ordinary degree - AQF Level 7 pass (mark 46 or 50) | High Distinction (80% or 85%) | Distinction (75% or 80%) | Distinction (70% or 75%) |
Austria
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Degree / Diplomstudium / Fachhochschuldiplom (Diplom (FH)) | A (or 1.5) mit Auszeichnungbestanden | 60% / B / (or 2) | 60% / B / (or 2) |
Azerbaijan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bakalavr Diplomu/ Diplomu (Specialist Diploma) | 4.5 or 90% | 4 or 80% | 3.5 or 70% |
Bahamas
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Degree from University of the West Indies only | 1st (GPA 3.6) | 2:1 (GPA 3.0) | 2:2 (GPA 2.5) |
Bahrain
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.5 | 3.0 | 2.8 |
Bangladesh
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 Year Bachelor of Science in Engineering (IEB and BAETE accredited courses up to 2024) Any 4 year Bachelor degree or BSc in Nursing (2025 onwards) |
1st (70%) / 3.5 | 2nd (60%) / 3.0 | 2nd (55%) / 2.75 |
| Masters (1-2 years) following a 3 or 4 year degree | 80% / 4.0 | 65% / 3.25 | 50% / 2.5 |
Belarus
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Specialist Diploma (5Yr) | 9 | 7 | 5 |
Belgium
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor degree/Licenciaat/Licencie | 80% or 17 | 70% or 14 | 60% or 12 |
Belize
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Degree from University of the West Indies only | 1st (GPA 3.6) | 2:1 (GPA 3.0) | 2:2 (GPA 2.5) |
Benin
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Maitrise | 18 | 15 or Bien | 12 or Assez Bien |
Bermuda
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Degree from University of the West Indies only | 1st (GPA 3.6) | 2:1 (GPA 3.0) | 2:2 (GPA 2.5) |
Bolivia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| A Licenciado, 4 years Private (public/private) | 85/78 | 75/66 | 67/55 |
Bosnia and Herzegovina
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diploma Visokog Obrazovanja / Diplomirani | 10 | 9 | 8 |
Botswana
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Master's degree | A or 80% | B or 70% | C or 60% |
Brazil
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Brazil - 4 yr Bacharel or Licenciado/Licenciatura or Título Profissional | 8.5 | 7.5 | 6.5 |
Brunei
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Brunei | First | Upper Second (60%/B/3.1) | Lower Second (50% or C or 2.5) |
Bulgaria
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 5 yr Diploma za Zavarsheno Visshe Obrazovanie (Diploma of Completed Higher Education) | 6 | 5 | 4 |
Burundi
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Masters or Diplôme d'Études Approfondies or Diplôme Ingénieur (professional title) | 18 | 15/20 (Bien) | 12.5/20 (Assez Bien) |
Cambodia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Masters | 80% or B+ or 3.5 | 70% or B or 3.0 | 60% or C+ or 2.5 |
Cameroon
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor degree or Diplome d'Etudes Superiures de Commerce or Diplome d'Ingenieur or Diplôme d'Ingénieur de Conception or a Maitrise, 4 year Licence or Master 1 (M1) | 1st / 3.6 or 15/Tres Bien | 2:1 / GPA 3.0 or 14 / Bien | 2:2 / GPA 2.5 or 12.5/ Assez Bien |
Canada
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0/Percentage | 3.7/85% | 3.3/75% | 2.7/68% |
| Out of 9 | 8 | 6 | 5 |
| Out of 12 | 10 | 8 | 6 |
Chile
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Grado de Licenciado / Título (Profesional) de [subject area] (4 years) | 6 | 5.5 | 5 |
China
Students are required to have a bachelor degree (4 years) for entry to a postgraduate programme. The University uses the Shanghai Academic Ranking of World Universities to identify the required final mark, as outlined on the table below:
| First class (70%) | Mid 2:1 (65%) | 2:1 (60%) | Mid 2:2 (55%) | 2:2 (50%) | |
|---|---|---|---|---|---|
| Shanghai Rank Top 250 | 80% | 76% | 72% | 70% | 67% |
| Shanghai Rank 251-500 | 83% | 79% | 75% | 73% | 70% |
| Shanghai Rank 501+ | 86% | 82% | 79% | 77% | 75% |
Affiliated colleges
The University will consider students from Affiliated Colleges in the following way:
Applicants from colleges affiliated to universities in the top 250 Shanghai rankings will be considered if they have achieved or are likely to achieve final marks of 67%-80%.
Applicants from colleges affiliated to universities which are 251-500 in the Shanghai rankings will be considered if they have achieved or are likely to achieve final marks of 70%-83%.
Applicants from colleges affiliated to universities which are above 500 in the Shanghai rankings will be considered as follows if they have achieved or are likely to achieve final marks of 75%-86%.
Universities given special consideration
Applicants from a small number of Chinese universities that specialise in business, management, finance or creative arts will be given special consideration by the University. The full list of these universities and the Shanghai band under which they will be considered can be found below:

*Special consideration for programmes in School of Sport, Exercise and Health Sciences and Institute for Sport Business only.
Colombia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciado / Título de [subject area] | 4.5 | 3.75 | 3.2 |
Costa Rica
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciado | 9 | 8 or 80 | 7 or 75 |
Croatia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Baccalaureus / Prvostupnik | 4.5 | 3.8 | 3.0 |
Cuba
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4-year Titulo de Licenciado / Licenciatura | 5 | 4 | 3 |
Cyprus
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Cyprus | 8.5 | 7.0 | 6.5 |
Czech Republic
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bakalár (after 2001) 6 yr integrated Magistr | 1 | 1.5 | 2 |
Denmark
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 5 year Candidatus/Candidata Magisterii or Bachelor degree (7 point scale) | 12 | 10 | 7 |
Dominican Republic
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 year Licenciado or Título de [subject area] | 3.8 | Magna Cum Laude or 3.5 or 85% | Cum Laude or 3.2 or 82% |
Ecuador
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Título de Licenciado / Título de [subject area] | 8.5 / 85% | 8 / 80% | 7 / 70% |
Egypt
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Egypt | 3.5 | 3.2 | 2.8 |
| Universities only | BA 90%, BSc 85% | BA 80%, BSc 75% | BA 65%, BSc 65% |
El Salvador
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 5 year Licenciado, Título de Ingeniero/Arquitecto | 8.5, 85% | 7.5, 75% or Muy Bueno | 6.5, 65% or Bueno |
Estonia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bakalaureusekraad or Magister or Magistrikraad | 5 or 91% or A | 4 or 81% or B | 3 or 71% or C |
Ethiopia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Masters (up to 2025) | A / GPA 4.0 | A / GPA 3.5 | B / GPA 2.8 |
| 4-year Bachelor degree with thesis (from 2024) | A / GPA 4.0 | A / GPA 3.5 | B / GPA 2.8 |
| 5-year Bachelor degree (from 2025) | A / GPA 4.0 | A / GPA 3.5 | B / GPA 2.8 |
Finland
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Kandidaattii/Kandidat or the Maisteri/Magister | 3 (out of 3) or 4.5 (out of 5) | 2 (out of 3) or 3 (out of 5) | 1 (out of 3) or 2.5 (out of 5) |
France
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licence (3 years)/ Maitrise/ Diplôme d'Ingénieur | 14 | 13 | 11 |
Georgia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4-year degree (% = new system) | 5 (95%) | 4.0 (85%) | 3.5 (75%) |
Germany
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| German Bachelor/ Diplom, Magister Artium / Zeugnis über den Zweiten Abschnitt der Ärztlichen Prüfung | 1.5 | 2.5 | 3.0 |
Ghana
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Ghana | 65% / 3.4 GPA | 57% / 3.0 GPA | 50% / 2.5 GPA |
Greece
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Universities | 8.5 | 7.0 | 6 |
| TEI and non-University Institutions | 8.5 | 7 | 6.5 |
Grenada
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Degree from University of West Indies - classification | 1st, 70% (GPA 3.6) | 2:1, 60% (GPA 3.00) | 2:2, 50% (GPA 2.5) |
| Degree from University of West Indies - grade / percentage | A | B / 75% | C / 55% |
| Degree from University of West Indies - GPA | 3.6 | 3.0 | 2.0 |
Guatemala
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Liceniado / Titulo de (subject area) - 4 years | 90% (public university) / 95% (private university) | 80% (public university) / 85% (private university) | 60% (public university) / 70% (private university) |
Guyana
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Master's | GPA 4 | GPA 3.5 | 3.0 |
Honduras
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Título de Licenciado / Grado Académico de Licenciatura (4 year degree) - GPA out of 5 | GPA 5 or 90% | GPA 4 or 80% | GPA 3.5 or 70% |
Hong Kong
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 1st or 3.5/4 | 2:1or 3/4 | 2:2 or 2.5/4 | 2.5 |
Hungary
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Alapfokozt or Egyetemi Oklevel / Bachelor | 4.5 | 3.5 | 3 |
Iceland
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Baccalaurreatus degree or Kandidatsprof/Candidatus Mag | 8.5 | 7.5 | 6.5 |
India
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Institutions listed on the National Institutional Ranking Framework | 61% | 55% | 50% |
| All other Indian institutions | 68% | 62% | 57% |
Indonesia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Sarjana I (S1) from accredited Universities | 3.2 | 3.0 | 2.8 |
Iran
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Iran | 17 | 15 | 13 |
Iraq
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Iraq | 80% | 75% | 70% |
Ireland
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Republic of Ireland | First (70%) | Upper second (60%) | Lower second (50%) |
Israel
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 3 yr Bachelor Degree | 90% | 80% | 70% |
Italy
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diploma di Laurea | 109/110 | 100/110 | 90/110 |
Ivory Coast
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diplome d'Etude Approfondies, Diplome d'Etude Superieures or Diplome d'Etude Superieures | 16 | 14 (Bien) | 12 (Assez Bien) |
Jamaica
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| For degrees studied at The University of West Indies or degrees accredited by UCJ and CCCJ | 1st (GPA 3.6) | 2:1 (GPA 3.0) or B | 2:2, 50% (GPA 2.5) |
Japan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Gakushi – GPA 4.0 scale | 85% or A or 3.5 | 80% or B or 3.0 | 70% or C or 2.0 |
Jordan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.5 | 3 or 3.5/5 or 75% | 2.5 (or 3.0/5) / 63% |
Kazakhstan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 5.0/percentage scale | 4.5 or 90% | 4 or 85% | 3.5 or 80% |
| GPA 4.33 scale | 3.9 | 3.7 | 3.2 |
| GPA 4.0 scale | 3.7 | 3.4 | 3 |
Kenya
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Kenya | First / 70% / A | Upper second / 60% / B | Lower second / 50% / C |
Kosovo
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Kosovo | 10 | 9 | 8 |
Kuwait
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.6 | 3.0 | 2.6 |
Latvia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Latvia | 9 | 7 | 6 |
Lebanon
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| American | 85% (3.5) | 75% (3.0) | 62% (2.6) |
| French | 18 | 15 | 12 |
Liberia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Master's | 4.0 or 90% | 3.5 or 85% | 3 or 80% |
Libya
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| BSc Engineering, Architecture, Medicine | 85 (3.6) | 75 (3.0) | 65 (2.5) |
| Other bachelor's degree from a university | 90 (4.0) | 85% (3.6) | 75% (3.0) |
Lithuania
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Lithuania | 9 | 8 | 7 |
Luxembourg
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Luxembourg | 18 (excellent) | 16 (tres Bien) | 14 (bien) |
Macau
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Macau | 1st or GPA 3.7 | 2:1 or GPA 3.0 | 2:2 or GPA 2.5 |
Macedonia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Magistar Дипломиран / Баццалауреус / Баццалауреа (Bachelor degree) | 10 | 9 | 8 |
Malawi
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Master's only | MSc 75% | MSc 70% | MSc 65% |
Malaysia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Classification | First Class | 2.1 | GPA 2.5 |
| GPA 4.0 scale | 3.5 | 3.0 | 2.8 |
Malta
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Malta | 1st (80%) | 2:1 (70%) | 2:2 (55%) |
Mauritius
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Mauritius | 1st or 70% | 2:1 or 60% | 2:2 or 50% |
Mexico
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciatura / Licenciado/ Título (Profesional) de [subject area] | 8.5 | 8 | 7 |
Moldova
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diploma de Licenţă (Diploma of Licentiate) | 9 | 8 | 7 |
Mongolia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Диплом Специалиста (Specialist Diploma) | 90% or 3.5 | 80% or GPA 3.2 | 70% or GPA 3.0 |
Montenegro
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diploma of Completed Undergraduate Studies or Diploma of Professional Undergraduate Studies | 10 (or 5.0) | 9 (or 4.5) | 8 (or 4.0) |
Morocco
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diplôme d'Ingénieur d'État, Diplôme d'Écoles Nationales de Commerce et de Gestion, Licence / Licence d'Études Fondamentales / Licence Professionnelle | 16 | 14 | 12 |
Mozambique
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Mestrado/ Grau de Mastre | 16 | 14 | 12 |
Myanmar (Burma)
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 2 year Master's degree | 5 or 85% | 5 or 75% | 4.5 or 65% |
Namibia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4-year Bachelor Honours (post 2008) or Masters | 80% or A | 70% or B | 60% or C |
Nepal
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 -year professional degree or Masters (after 3-year Bachelor degree) | 80% or 3.7 GPA | 65% or 3.3 GPA | 60% or 3.0 GPA |
Netherlands
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Netherlands | 8 | 7 | 6 |
New Zealand
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 Year Honours degree (480 credits) - Level 8 | First (7.0) | Upper Second (6.0) | Lower Second (4.0) |
| 3 Year degree (360 credits) - Level 7 | A+ (9.0) | A- (7.0) | B+ (6.0) |
Nicaragua
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciatura (4 year) | 90% | 80% | 70% |
Nigeria
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 7 point Scale | 6 | 5 | 3.0 (on 5 point scale) |
| 5 point scale | 4 | 3.4 | 2.7 |
| 4 point scale | 3.5 | 3 | 2.5 |
Norway
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Norway | A / 1.8 | B / 2.3 | C / 3.0 |
Oman
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.5 | 3.0 | 2.5 |
Pakistan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 Year degree only (the higher of the 2 options) | A- or GPA 3.7 | B or GPA 3.0 | C+ or GPA 2.6 |
| 2 or 3 year Bachelor plus Masters | 1st (60%) plus GPA 3.7 | 2nd (55%) plus GPA 3.0 | 2nd (50%) plus GPA 2.6 |
Palestine
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor (4-years) | (85%) 3.5 | (80%) 3.0 | (70%) 2.5 |
Panama
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 Year Licenciado / Título de [subject area] | 91 (A) | 81 (B) | 71 (C) |
Papua New Guinea
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor (Honours) Degree | 1st | 2:1 | 2:2 |
Paraguay
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 Year Título de Licenciado / Título de [subject area] | 4.5 (85%) | 4 (80%) | 3.5 (75%) |
Peru
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 Year Título de Licenciado / Título de [subject area] | 14 | 13 | 12 |
Philippines
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Degree from prestigious state universities or Centres of Excellence (COE) | Summa Cum Laude 4.0 / 96% / 1.0 | Magna cum Laude 3.5 / 92% / 1.5 | Cum Laude 3.0 / 87%/ 2.0 |
Poland
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor Degree (post 2003) Magister (pre- 2003) | 5 | 4.5 | 4 |
Portugal
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diploma de Estudos Superiores Especializados (DESE) or Licenciado | 18 | 16 | 14 |
Qatar
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.5 | 3.0 | 2.8 |
Romania
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diploma de Licenta/ Diploma de Inginer | 9 | 8 | 7 |
Russia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bakalavr/Specialist Diploma/Magistr | 4.5 | 4.0 | 3.5 |
Rwanda
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 year bachelor (Hons) degree (480 credits) | 1st, 16/20 (80%) | 2:1,14/20 (70%) | 2:2, 12/20 (60%) |
Saudi Arabia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.5 | 3.0 | 2.8 |
| GPA 5.0 scale | 4.5 | 3.75 | 3.5 |
Senegal
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Maitrise, Diplome d'Etude Approfondies, Diplome d'Etude Superieures or Diplome d'Etude Superieures Specialisees | 16/20 or Tres Bien | 14/20 or Bien | 12/20 or Assez Bien |
Serbia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Diplomirani/ Bachelor's degree | 9 | 8 | 7 |
Sierra Leone
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Honours degree or masters | 1st (70%) | 2:1 (60% or B) | 2:2 (50% or C) |
Singapore
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor (Hons) | First | Upper second | Lower second |
| GPA 4.0 scale | 3.7 | 3.0 | 2.7 |
| GPA 5.0 scale | 4.5 | 3.5 | 3.0 |
Slovakia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bakalár (from 2005) Magister / Inzinier | 1.5 or B | 2.0 or C | 2.5 or C/high D |
Slovenia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| University Diplom | 9 | 8 | 7 |
South Africa
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor (Honours) or B Tech after 4 yrs study | 1st or 75% | 2:1 or 70% | 2:2 or 60% |
South Korea
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA out of 4.5 | 3.8 / B+ | 3.2 / B | 2.8 / C+ |
| GPA out of 4.3 | 3.8 / B+ | 2.9 / C+ | 2.7 / C+ |
Spain
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciado / Título de Ingeniero / Título de Arquitecto | 8.5 | 7 | 6.5 |
| UCM grading | 3.0 | 2.0 | 1.5 |
Sri Lanka
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 year Professional degree or Bachelor Special or Honours degree | 90%, GPA 3.70 | 80%, GPA 3.30 | 70%, GPA 3.0 |
Sudan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 year degree | 1st, 70%, B+ | 2:1, 66% | mid 2:2, 60%, B |
Sweden
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Kandidatexamen or Magisterexamen | Overall grade of VG with a minimum of 120 credits at VG | B or Overall grade of VG with a minimum of 90 credits at VG | C or Overall grade of G with a minimum of 90 credits at G |
Switzerland
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Bachelor Degree, Diplom or Lizentiat (10/6/5) | 10 / 5.5 / 1 | 8 / 5 / 2 | 6 / 4 / 3 |
Syria
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| State universities 4 years of study | 80% | 70% | 60% |
| Private universities 4 years of study | 90% | 80% | 70% |
Taiwan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Category 1 (4 year degree) | 76% | 70% | 65% |
| Category 2 (4 year degree) | 83% | 77% | 72% |
Tajikistan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Диплом специалиста - Specialist Diploma | 5 | 4.5 | 4 |
Tanzania
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Tanzania | 1st | 2:1 | 2:2 |
Thailand
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.2 | 2.8 | 2.6 |
Trinidad and Tobago
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| For degrees studied at The University of West Indies or degrees accredited by ACTT | 1st or GPA 3.6 | 2:1 or GPA 3.0 | 2:2 or GPA 2.5 |
Tunisia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licence, Maîtrise, Diplôme National d'Ingénieu | 16 (tres bien) | 14 (bien) | 11 (assez bien) |
Turkey
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Lisans Diplomasi or a Műhendis Diplomasi | 3.3 | 2.9 | 2.4 |
Turkmenistan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 4 Yr Bakalavr, Specialist Diploma or Magistr | 5 | 4.5 | 4 |
Uganda
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Uganda | 1st or 4.4 | 2:1 or 3.8 | 2:2 or 3.0 |
Ukraine
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Dyplom Magistra or a Bachelors degree (11 / 5) | 4.5 | 4.0 | 3.5 |
United Arab Emirates
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.5 | 3.0 | 2.6 |
United States of America
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| GPA 4.0 scale | 3.5 | 3 | 2.6 |
Uruguay
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciado (4 year) | 9 | 8 | 7 |
Uzbekistan
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Majistr Diplomi / Diplomi (Specialist Diploma) | 90% or GPA 4.5 | 80% or GPA 4.0 | 70% or GPA 3.5 |
Venezuela
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Licenciado/Professional title. (4 year) | 18/20 or 8/9 | 16/20 or 7/9 | 14/20 or 6/9 |
Vietnam
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 10-point scale | 8.0 | 7.0 | 6.0 |
| 4-point scale | 3.2 | 2.8 | 2.4 |
Zambia
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| Master's | A or 4.0 or 80% | B+, 3.5 or 70% | B or 3.0 or 60% |
Zimbabwe
| First-class honours (70%) | Upper second-class honours (60%) | Lower second-class honours (50%) | |
|---|---|---|---|
| 3/4 year degree | 1st or 75% | 2:1 or 65% | 2:2 or 60% |
English language requirements
Applicants must meet the minimum English language requirements. Further details are available on the International website.
Fees and funding
Fees for the 2026-27 academic year
UK fee
£12,900 Full-time degree per annum
International fee
£26,300 Full-time degree per annum
The fee stated is for a full-time student undertaking a master’s programme of 180 credits. Part-time students will spread this credit load over a two or more years of study as agreed with the School/Department. Fees will be charged for the credit weighting of modules taken in a given year. The tuition fees payable can be calculated by dividing the published fee by 180 and then multiplying by the number of credits to be taken in the specific year.
Fees are reviewed annually and are likely to increase in subsequent years by a small amount (will not exceed 5%) to take into account inflationary pressures.
Your development
We are recognised as a world leader for research in this field, with this ground-breaking, multi-disciplinary master's in international relations combining the disciplinary expertise of geographers, economists and political scientists to provide students with a unique opportunity to examine the contemporary geopolitics of the world economy.
This master's will give you:
- An understanding of processes of contemporary globalisation.
- A thorough understanding of the relationship between financial systems, banking and regulation and issues of governance.
- A detailed appreciation of the working of current banking and financial markets.
- An awareness of the way forms of governance shape the political economy.
- Experience of research techniques and methods used to undertake original research in this field.
- An ideal multi-disciplinary grounding to inform business and policy practice.
Our academics
Your future career
Whether you are looking to join the next generation of financial services professionals, or follow a career related to politics and international relations in the governmental or non-governmental sectors, on successful completion of this programme you will be ideally positioned to apply essential knowledge and a range of critical evaluation skills related to the operations of contemporary international financial and political systems.
The programme provides an ideal multi-disciplinary grounding to inform business and policy practice, as well as a foundation to go on to take further academic research.
With its vocational relevance, our graduates gain employment in a wide variety of careers across national and international businesses, different levels of government, and the non-government sector.
Recent graduation destinations include:
- Deloitte
- National Audit Office
- Ministry of Defence
- RSM
- Highways England
- IPSOS
- Beond Group
- Steris
Graduate roles have included:
- Project Manager
- Research Analyst
- Financial Consultant
- Operations Manager
- Corporate Partnerships Executive
- Energy Analyst
- Senior Auditor
- Research Executive
or