StudyQA — Master: Business Administration — University of Edinburgh (Page 53)

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Emerging markets are developmental states. Crucially, however, they have become major players in the global economy. It is perhaps a fitting analogy for the MSc student. We seek to transform the potential of graduates, building on existing knowledge and qualifications to create a powerful, personal blend of practical knowledge and intuitive insight.

The MSc in International Business and Emerging Markets will help students understand how to conduct business internationally and, in particular, how to do so from developmental states. It will help them understand the particular challenges faced in developing corporate strategy, attracting foreign direct investment and working in countries with very different cultures, institutions, laws and business practices.

If emerging markets are, by their very nature, in a state of flux, then already successful economies are characterised by a different kind of dynamic. And as the pace of globalisation accelerates, the need to understand the drivers of national and international economic and business success becomes ever more acute. That gives graduates of this MSc some very real career advantages.

The programme will suit those with a background in or experience of the commercial or financial worlds. It is useful for students from emerging economies who wish to bring themselves up to speed with contemporary thinking in corporate strategy, including technology and financial management and business economics, and of public policies dealing with pressing issues relating to development in general.

It is equally useful for students from already established economies seeking to understand how businesses can take advantage of the globalisation of the world economy and the rapid development of these new economic powerhouses.

Students on the programme come from all over the world, looking for objective, in-depth insights into global business practice. The knowledge they gather helps them develop successful careers as consultants, managers or analysts in the broad arena of international business.

The MSc in International Business and Emerging Markets runs for one calendar year, starting in mid-September. At the start of the programme, you undertake four core courses in Semester 1 and two in Semester 2. These are the foundation upon which the whole MSc is built and ensures a common basis of knowledge across the different areas.

n Semester 2, you also begin to tailor your studies towards your career interests, through the selection of your two option courses.

Finally, your MSc dissertation brings all of the year's learning together in a piece of work unique to each student.

Entrance to our MSc programmes is strongly competitive. You can increase your chances of a successful application by exceeding the minimum programme requirements.Academic requirementsYou will need a UK first-class or 2:1 honours degree from a good university in one of the subjects below, or an equivalent overseas qualification.Academic backgroundAn undergraduate degree in business and commerce, management, finance, accounting, economics, international politics, international relations, science, engineering or law is normally required.The minimum academic requirement is a UK 2:1 honours degree in a related subject or an equivalent international qualification.Some examples of equivalent qualifications:Canada: mid B+; 3.3+ (4 point scale); 7.3/8+ (9 point scale)China: 80-85%+; B+Germany: 2.5+ (reverse 5 point scale); Sehr Gut/GutIndia: 1st Class degree (60%+)Nigeria: 2:1South Africa: 2:1/1stUSA: GPA 3.25+ (4 point scale)If your home country is not listed above, consult the minimum grade point average (GPA) required by following the link below.Minimum English language requirementWe require all applicants to meet one of the following English language requirements:You are a national of a majority English-speaking country as defined by the Home Office.You have completed an academic qualification at least equivalent to a UK Bachelors degree, which was taught in a majority English-speaking country.You have or will have achieved the minimum required score in one our accepted English language tests.All tests or methods of assessment must be dated within two years of the start date of the programme.Please refer to the UK Home Office website for a list of majority English-speaking countriesAccepted Secure English Language TestsWe accept results from the following English language tests:IELTS (International English Language Testing System): 7.0 (with no score lower than 6.0 in each section)PTE (Pearson Test of English): 67 (at least 56 in each of the "Communicative Skills" sections)CPE (Cambridge Certificate of Proficiency in English): Grade BCAE (Cambridge Certificate in Advanced English): Grade ATOEFL (Test of English as a Foreign Language) iBT: 100 (with scores no lower than 20 in each section) English Language Requirements IELTS band: 7 CAE score: (read more) Cambridge English: Advanced (CAE) is part of the Cambridge English suite and is targeted at a high level (IETLS 6.5-8.0). It is an international English language exam set at the right level for academic and professional success. Developed by Cambridge English Language Assessment - part of the University of Cambridge - it helps you stand out from the crowd as a high achiever. 80 (Grade A) TOEFL iBT® test: 100 IMPORTANT NOTE: Since April 2014 the ETS tests (including TOEFL and TOEIC) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa. The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.