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  • Tuition Fee:
  • Local: $ 13.2k / Year
  • Foreign: $ 17.4k / Year
  • Languages of instruction:
  • English

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    Studying a combination of business and economics-related subjects at masters level gives you the competitive edge and prepares you for a range of careers in both commercial and not-for-profit organisations, for example as a business analyst, regional economist or in policy development.

    International business economics is a specialised field of study that enables you to combine a range of business and economic subjects. It helps you to acquire the knowledge and skills required to understand underlying economic principles and to have an insight into the way institutions and business practices operate in an international and global context.

    This programme is for those who have not formally studied for a degree in economics or business who would like to both increase their understanding of these subjects. Topics include finance and accounting, business operations and strategy, international trade and globalisation, developing economies, and regional studies of both Europe and Asia.

    You will develop the ability to understand causal relationships between various economic variables, critically evaluate the strategic decision-making process in business, and have an insight into global business policy issues.

    Why Brookes?
    Oxford Brookes University Business School offers a great environment for studying International Business Economics. We can offer:

    * a track record of excellence in teaching, learning, and research
    * a collegiate atmosphere, supporting you in your studies and beyond
    * strong links to industry and professional bodies
    * a rewarding student experience in a beautiful city.

    Quality
    The reputation of the Business School is underpinned through course accreditations awarded by the Association of MBAs (AMBA) and EPAS, and through memberships of the Association of Business Schools and professional associations such as the Chartered Institute of Personnel and Development, and the European Foundation for Management Development. The Business School is, therefore, widely regarded as one of the best within its peer group.

    Our courses benefit from rigorous quality assurance procedures and regularly receive excellent feedback from external examiners, employers, students and professional bodies.

    Many Business School graduates realise significant career progression and go on to achieve high status in the industry of their choice.

    Course length

    Full-time: 12 months
    Part-time: 2 years

    The MSc is based on the completion of the following compulsory modules:

    Principles of International Business Economics - introduces the key principles and concepts of economics by examining the theories that underpin the subject. You will explore the topics of consumer behaviour, firm behaviour, pricing strategies under different market structures, the role of the government and the external parameters of the business environment in an international context.

    Business Strategy - introduces you to the major concepts of business strategy and the analytical tools used to develop strategy in complex business environments. You will develop an understanding of how financial statements can be used to evaluate organisational and strategic performance, and how a range of stakeholders' interests impact on the development of business strategy.

    Principles of Financial Accounting and Statistics - gives you the opportunity to develop core competencies in accounting and basic statistics and their integration in business decision making. This module seeks to develop an understanding of financial and quantitative information relevant to middle or senior managers which will enhance your effectiveness for operating in an international organisation. The module is primarily concerned with the analysis and interpretation of quantitative and financial information, not its production. The content of this module is used as a foundation for further study in other modules, including Research Methods.

    Managing Business Operations - explores the complex and interconnecting relationships between functional areas and the real world of business. You will learn how business operations and resources can be most effectively and efficiently managed in order to achieve competitive advantage, and how every organisation has to manage its operational activities so as to add value by transforming inputs into saleable or usable output products and services.

    International Trade and Globalisation - allows you to explore and examine theoretical and empirical frameworks. This will enable you to enhance your awareness of international trading relationships and trends in trading patterns. It will also help you appreciate what globalisation means for different types of businesses and how globalisation is regarded by different economic agents.

    Personal Development and Leadership - addresses your individual learning needs and priorities, and explores the organisational and individual consequences of individual and collective actions and behaviours. Your personal effectiveness and capacity to recognise, adapt and apply relevant theory to the managerial context, and to personally learn from experience, will be improved by engaging in self-reflection and critical self-evaluation exercises.

    Research Methods and the Dissertation - are a key component of a master's degree. They give you the opportunity to explore an area of interest, and students are encouraged to choose topics that will be valuable in their future careers. Undertaking effective management research, and being reflective on the process, is often a requirement of senior management as well as being a requirement at master's level. On this module you will be allocated a supervisor who will work with you, providing guidance and advice throughout the process.

    As well as these compulsory modules a range of optional modules is available. The choice is made in consultation with the Programme Director and in accordance with the rules laid down for the award.

    Elective modules

    Developing Economies of Asia, Africa and Latin America - provides a critical understanding of the importance of the developing and transitional economies within the contemporary global business environment.

    Regional Studies: Western and Eastern Europe - considers various aspects of the European Union and its operations, including relations with other countries and some of the implications for business. The debate about enlargement will be examined as will relationships between EU and non-EU countries with reference to trade and business opportunities.

    Regional Studies: Pacific Rim - examines historic and recent developments in this region and the implications for management practice and business development. This area includes the countries that are members of APEC and ASEAN. It also involves the broader role played by China in the region.


    UK requirements for international applications

    Universities in the United Kingdom use a centralized system of undergraduate application: University and College Admissions Service (UCAS). It is used by both domestic and international students. Students have to register on the UCAS website before applying to the university. They will find all the necessary information about the application process on this website. Some graduate courses also require registration on this website, but in most cases students have to apply directly to the university. Some universities also accept undergraduate application through Common App (the information about it could be found on universities' websites).

    Both undergraduate and graduate students may receive three types of responses from the university. The first one, “unconditional offer” means that you already reached all requirements and may be admitted to the university. The second one, “conditional offer” makes your admission possible if you fulfill some criteria – for example, have good grades on final exams. The third one, “unsuccessful application” means that you, unfortunately, could not be admitted to the university of you choice.

    All universities require personal statement, which should include the reasons to study in the UK and the information about personal and professional goals of the student and a transcript, which includes grades received in high school or in the previous university.


    University requirements


    Program requirements

    Admission is normally open to those with: * a minimum of a good second-class honours degree * or equivalent overseas degree from a recognised institution * or equivalent professional or other qualification.English language requirements * IELTS minimum level 6.5 overall with at least 6.0 in the reading and writing components * TOEFL score of 90 or above (internet-based), plus 4.5 in TWE. English Language Requirements IELTS band: 6 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. 75 (Grade B) TOEFL paper-based test score : 575 TOEFL iBT® test: 90 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.
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