MSc International Business Economics

The Business School has an experienced team of staff, which is made up of academically and professionally qualified lecturers with relevant industrial experience and finance experts with wide research interests.

The Course

The (MSc) International Business Economics is designed for students that have a background in business and management studies. The aim is to provide an opportunity to expand knowledge of the international business environment using economic analysis in a practical way. As such, the programme looks to provide a grounding in aspects of quantitative methods, business economics, the international business environment, the multinational enterprise and the international macro financial environment.

The combination of international business and applied economics on this programme is designed to provides an overview of the international world of business and a solid foundation for a career in a variety of organisations operating internationally, or as an applied/business economist. This programme is designed for those without a strong Economics or Econometrics background and is both quantitative and research orientated in nature.

Highlights

  • This programme focuses on Quantitative Methods and International Finance and International Business.
  • The programme is run by academics with an expertise in International macroeconomics and Finance and International Business.
  • You can also build your skills and knowledge further with extra-curricular activities by completing the Lincoln Award.

Learning and teaching methods will include lectures, seminars, practical, computer-based, lab-classes and independent study, which will vary according to the subject matter and the module.

The first term:

  • Business Economics
  • Finance and Accounting
  • Quantitative Methods for Economics and Finance I
  • Understanding International Business


The second term:

  • Quantitative Methods for Economics and Finance II
  • The Multinational Enterprise in Context
  • International Macroeconomics and Finance
  • One optional module


Optional modules will run as far as at least 10 students select them. Timetabling arrangements may limit the availability of modules to some students. As the options reflect staff research interests, they may alter over time due to staff availability. Optional modules for this programme can be viewed within the module tab.

Students then complete the final Independent Study stage with the support of the Research Methods for Banking, Finance and Economics module.

Part-time students will complete the programme within two years. The programme structure for part-time study will be at the discretion of the programme leader.

Contact Hours and Independent Study

Weekly contact hours on this programme may vary depending on the individual module options chosen and the stage of study. Please note irrespective of whether you are a full-time or part-time student your hours of study may vary from term to term and can be spread throughout the week.

Postgraduate level study involves a significant proportion of independent study, exploring the material covered in lectures and seminars. As a general guide, for every hour in class students are expected to spend at least four - five hours in independent study. For more detailed information please contact the programme leader.

Business Economics (Core)
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Business Economics (Core)

Students have the chance to explore issues relating to industrial organisation, including competition policy and merger activity. Beyond this, the module explores how the State guides resources and might inject competition into a public sector industry, by introducing quasi markets.

Community Organisation, Sustainability and Development (Option)
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Community Organisation, Sustainability and Development (Option)

This module aims to introduce students to a range of non-traditional business models and to challenge established expectations and norms about business ethics, motivations, value-systems and practices. The module presents the notion that enterprises can operate due to motives other than profit-maximisation and that Social Purpose Organisations can exist to fulfil social functions using business models to create an alternative basis for sustainability and development. Students are challenged to think critically about these forms of organisation and their impact on societies (positive and negative). Students are also challenged to consider how issues such as performance management can translate into the operations of community enterprises.

Finance and accounting (Core)
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Finance and accounting (Core)

This module is designed to introduce concepts and techniques for costing and break-even analysis and brings in the notion of pricing from a larger viewpoint in the market as well as from a strategic management view. Later, the module aims to cover the topics of financial analysis, budgeting and planning, and the sources of finance.

Global Supply Strategies (Option)
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Global Supply Strategies (Option)

This module will examine global supply chain strategies in detail by looking at both those strategies that have been successful as well as those that have been less successful. Students can examine contemporary phenomena such as offshoring, supply chain disruptions, innovation and sustainability using a variety of theoretical frameworks. Students can develop not only a better understanding of the challenges of managing global supply chains but also of some of the tools needed to implement effective and responsible global supply chain strategies. Given the strategic importance of global supply chains, an understanding of how to manage them strategically may be invaluable for students entering the job market.

International Entrepreneurship (Option)
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International Entrepreneurship (Option)

Entrepreneurship is an essential skillset in the development at global level of new and existing businesses, social enterprises and more broadly societies and their economies. Enterprise is defined as the application of creative ideas and innovations to practical situations, combining creativity, ideas development and problem solving with expression, communication and practical action. Entrepreneurship is the application of enterprise skills to creating and growing organisations in an international context in order to identify and build on opportunities. This module draws on the latest UK QAA Guidance on Enterprise and Entrepreneurship in Higher Education and aims to develop, at an international level, enterprise awareness, an entrepreneurial mindset, and entrepreneurial capability, which can lead to entrepreneurial effectiveness which can be applied in a range of contexts.

International Macroeconomics and Finance (Core)
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International Macroeconomics and Finance (Core)

This module equips students with an in-depth and applied-oriented understanding of theoretical and empirical problems addressed in the field known as International Finance (also known as International Macroeconomics / Open Macroeconomics) and to bring students up to the research frontier in International Finance. It draws heavily on financial modelling and financial econometrics.

Quantitative Methods for Economics and Finance I (Core)
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Quantitative Methods for Economics and Finance I (Core)

This module provides students with an opportunity to develop their understanding relating to the background of statistical methods for primary research. Students will engage with statistical software, such as SPSS and Eviews, to apply quantitative analytical techniques to sets of data.

Quantitative Methods for Economics and Finance II (Core)
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Quantitative Methods for Economics and Finance II (Core)

The aim of this module is to build on the work in Quantitative Methods for Economics and Finance I while focusing on specific quantitative analytical techniques. The models examined are: Dynamic, ARIMA, GARCH, VAR and ECM, among others. The EViews statistical software and the DATASTREAM data provider are essential to the learning objectives and assessment of the module.

The Multinational Enterprise in Context (Core)
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The Multinational Enterprise in Context (Core)

Students explore the historical development of foreign direct investment activity. This gives them an opportunity to understand the main advantages to be gained from firms engaging further in international business activities as well as understand the workings of a global enterprise in a dynamic world economy.

Understanding International Business (Core)
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Understanding International Business (Core)

Understanding International Business is a core module for MSc International Business students. Successful completion will assist you to understand the general environment of international business, setting up country selection criteria and country evaluation in the context of international business. It will also develop your skill to conduct basic research and professional report preparation.

Independent Study for Banking Finance and Economics (Core)
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Independent Study for Banking Finance and Economics (Core)

This module provides students with an opportunity to carry out a substantive research project and to demonstrate their ability to investigate and reflect critically on an aspect of the programme. Students are expected to, with the guidance from their supervisor, generate their own research topic, select a research method, obtain data and apply theory as appropriate.

By aiming to combine well-developed theoretical and methodological foundations, the Independent Study project is designed to have both a practical value as a piece of research and also be of academic value.

Research Methods for Banking, Finance and Economics (Core)
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Research Methods for Banking, Finance and Economics (Core)

This research methods module aims to prepare students for undertaking the research for their Independent Study. It reviews core principles of the research methods that students are likely to utilise in their research. The chosen method should form the basis of their research design, and the structure of the of Independent Study submission.

Exams are a key element of the course. Examinations may be in the format of:

  • Unseen open or closed book exams
  • Essays
  • Short answer and/or multiple choice questions or diagrams


Dissertations, exercises and in-class tests will also be used as methods of assessment.


The University of Lincoln's policy on assessment feedback aims to ensure that academics will return in-course assessments to you promptly – usually within 15 working days after the submission date.

  • The Business School has an experienced team of staff, which is made up of academically and professionally qualified lecturers with relevant industrial experience and finance experts with wide research interests.
  • The Lincoln International Business School hosts a series of visiting speakers each year. As part of the School, students will have the opportunity to learn from industry experts. Previous speakers have included representatives from organisations such as Deloitte, Santander, HSBC, Innocent, The Institute of Internal Auditors and Sir David Tweedie (ex-Chairman of the IASB).
  • Students also have the chance to build their skills and knowledge further with extra-curricular activities such as joining a society, volunteering or becoming a Student Ambassador.
  2017/18 Entry*2018/19 Entry*
Home/EU £7,600 £7,600
Home/EU 
(including Alumni Scholarship** reduction)
£5,320 £5,700
International £13,000 £15,300
International
(Including International Alumni / Global Postgraduate Scholarship** £2,000 reduction)
£11,000 £13,300
     
Part-time Home/EU £42 per credit point £42 per credit point
Part-time International £72 per credit point £85 per credit point

* Academic year September- July
** Subject to eligibility

Loans

A new system of postgraduate loans for Master's courses has been introduced in the UK. Under the new scheme individuals will be able to borrow up to £10,280 for the purpose of completing an eligible postgraduate Master's qualification.

Scholarships

As a postgraduate student you may be eligible for scholarships in addition to those shown above.

Guidance for Part-time Postgraduate Fees

To complete a standard Master's Taught programme, you must complete 180 credit points.

Full time students will be invoiced for the programme in full upon initial enrolment.

For part-time students, tuition fees are payable each credit point enrolled. To calculate your part-time fees, multiply the part-time fee per credit point by the number of credits you intend to complete within that academic year. This is usually between 60 and 90 credit points per year.

For example, if the fee per credit point for your programme is £38, and you enrol on 60 credits, the tuition fee payable for that academic year will be £2280.

Fees for enrolment on additional modules

Tuition fees for additional activity are payable by the student/sponsor and charged at the equivalent £ per credit point rate for each module. Additional activity includes:

- Enrolment on modules that are in addition to the validated programme curriculum

- Enrolment on modules that are over and above the full credit diet for the relevant academic year

- Retakes of modules as permitted by the Board of Examiners

Exceptionally tuition fees may not be payable where a student has been granted a retake with approved extenuating circumstances.

For further information and for details about funding your study, scholarships and bursaries, please see our Postgraduate Fees & Funding pages [www.lincoln.ac.uk/home/studyatlincoln/postgraduateprogrammes/feesandfunding/].

Other Costs

For each course you may find that there are additional costs. These may be with regard to the specific clothing, materials or equipment required, depending on your course.

With regards to text books, the University provides students who enrol with a comprehensive reading list and you will find that our extensive library holds either material or virtual versions of the core texts that you are required to read. However, you may prefer to purchase some of these for yourself and you will be responsible for this cost.

First or second class honours degree.

International Students will require English Language at IELTS 6.0 with no less than 5.5 in each element, or equivalent. http://www.lincoln.ac.uk/englishrequirements

Learn from Experts

Throughout this degree, students may receive tuition from professors, senior lecturers, lecturers, researchers, practitioners, visiting experts or technicians, and they may also be supported in their learning by other students.

Dr Philip Rodgers

Programme Leader

Dr Rodgers spent 12 years as Senior Economist at the Sea Fish Industry Authority in Edinburgh and specialises in the economics of the fishing industry. Recently he completed a report for the Polyvalent Fishing and Processing Group in Galway using input-output analysis to study the socio-economic impact of switching landings of mackerel from abroad to Ireland. He undertook a review of Government proposals to change the quota management regime in England for UKAFPO, and was a member of the expert panel on fisheries which reviewed the impact of EU research Framework Programmes and prospects for research and innovation in fisheries and aquaculture.

Contact: prodgers@lincoln.ac.uk


Your Future Career

Facilities

At Lincoln, we constantly invest in our campus as we aim to provide the best learning environment for our students. Whatever the area of study, the University strives to ensure you have access to the specialist equipment and resources you need to develop the skills you may need in their future career

Students can study and research in the University's Great Central Warehouse Library, which provides more than 250,000 printed books and approximately 400,000 electronic books and journals, as well as databases and specialist collections. The Library has a range of different spaces for shared and individual learning.

This course is taught in the award-winning David Chiddick Building, which is situated in the centre of the city of Lincoln on the Brayford campus. It provides dedicated teaching and learning spaces and comprises lecture theatres, workshop rooms, IT laboratories and a café. Software including SAGE is available for you to use, as well as SPSS, Datastream (the source of financial and economic data), and FT.com.


The University intends to provide its courses as outlined in these pages, although the University may make changes in accordance with the Student Admissions Terms and Conditions.