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International Business Economics


Key facts

Start dates

September 2020



Course length

Full time: 12 months

Part time: 24 months


Oxford Brookes Business School


Our MSc in International Business Economics allows you to study a combination of business and economic subjects. 

You will gain a thorough grounding in quantitative and economic analysis skills. These skills help you to analyse how institutions and business practices operate in an international context. So you do not need any prior knowledge.

The programme of study balances technical knowledge with practical skills. You will:

  • develop the ability to understand causal relationships between various economic variables
  • critically evaluate the strategic decision-making process in business
  • gain insight into global business policy issues
  • Our teaching staff includes experts from both industry as well as academic economists. 

There are excellent employment prospects for skilled economists. These include roles in business and finance, government agencies and management consultancies.

Oxford Brookes University Business School is a Centre of Excellence in Teaching and Learning. And we have received the top award from the Higher Education Funding council for England. 

How to apply

Entry requirements

Specific entry requirements

A minimum of a second class honours degree (2:2) in any academic discipline, or equivalent overseas degree from a recognised institution or equivalent professional or other qualification.

Applicants who possess a diploma rather than a good degree may be eligible for entry provided they have compensatory work experience and can demonstrate career development.

This course attracts students from a wide range of backgrounds and nationalities. Applications are welcome from those in work and seeking continuing professional development.

Entry will also be subject to two satisfactory references (one of these must be an academic reference).

Please also see the University's general entry requirements.

English language requirements

If English is not your first language you will need to satisfy the university's English language requirements:

  • IELTS minimum level 6.0 (with a minimum of 6.0 in reading and writing and 5.5 in listening and speaking)
  • if you have completed your undergraduate degree in the UK (at least one full year of study) you will automatically meet our English language requirements

Please also see the University's standard English language requirements.

International qualifications and equivalences


English requirements for visas

If you need a student visa to enter the UK you will need to meet the UK Visas and Immigration minimum language requirements as well as the University's requirements. Find out more about English language requirements.

Pathways courses for international and EU students

We offer a range of courses to help you meet the entry requirements for your postgraduate course and also familiarise you with university life in the UK.

Take a Pre-Master's course to develop your subject knowledge, study skills and academic language level in preparation for your master's course.

If you need to improve your English language, we offer pre-sessional English language courses to help you meet the English language requirements of your chosen master’s course.

Terms and Conditions of Enrolment

When you accept our offer, you agree to the Terms and Conditions of Enrolment. You should therefore read those conditions before accepting the offer.

Application process

Tuition fees

Please see the fees note
Home/EU full time

Home/EU part time

International full time

Home/EU full time

Home/EU part time

International full time

Questions about fees?

Contact Student Finance on:

Tuition fees

Home/EU full time

Home/EU part time

International full time

Home/EU full time

Home/EU part time

International full time

Questions about fees?

Contact Student Finance on:
+44 (0)1865 483088

Fees quoted are for the first year only. If you are studying a course that lasts longer than one year your fees will increase each year.

Please be aware that some courses will involve some additional costs that are not covered by your fees. Specific additional costs for this course, if any, are detailed below.

Financial support and scholarships

For general sources of financial support, see our Fees and funding pages.

Additional costs

Please be aware that some courses will involve some additional costs that are not covered by your fees. Specific additional costs for this course, if any, are detailed below.

We offer an International Business in Practice Study Trip module. This study trip is voluntary and all costs associated with the trip will need to be funded by you. 

The destination varies from year to year, so it is not possible to give a precise cost. As an example, the fee for the Boston USA field trip in July 2019 was £1580 and included: accommodation for 7 nights in the Boston area insurance company visits (e.g. Facebook, Dunkin Brands, Trip Advisor, Microsoft, Bank of America) group transportation for all activities and some of the meals. This fee did not include international airfare, visa application fee (if relevant), dinners and activities during your free time.

Learning and assessment

You will complete six compulsory modules. 

We also offer a range of optional modules. You can choose these in consultation with the Programme Lead and in accordance with the rules laid down for the award

You also have the choice of completing a traditional dissertation or a structured research project.

Lecturer presenting to class

Study modules

Taught modules

Compulsory modules

Principles of International Business Economics

This module introduces you to the key concepts of economics. Subsequently, you will focus on the topics of economics that are essential in understanding how businesses function internationally and how they interact with the external environment. You will examine the strategic pricing-output decisions of a firm in different market structures as well as the characteristics and the institutions of international markets.

Quantitative Methods for Business Economics

In this module we provide you with a foundation in the essential statistical and quantitative techniques for the study of economics and business. It covers basic and advanced statistical methods, both descriptive and analytical, including applications from business, accounting & financial economics. You will also become familiar with statistical software used for such analysis.

Financial Markets and Institutions

This module compared how international markets and institutions link the users and providers of funds within financial systems. It focuses on issues of asset pricing and market efficiency, and the effects of globalisation on organisations, technical innovation and regulatory change.

International Finance

International Finance: Focusing on the operation of foreign exchange and derivative markets, you will examine the main theories of exchange rate determination and speculative attacks. It will consider the issues with currency risk management and hedging instruments.

Finance and Strategy

You will investigate the relationship between finance and corporate strategy. It will help you understand how financial decisions are affected by strategic issues and how corporate strategies need to take into account financial considerations.

Optional modules

Applied Financial Econometrics

This module is designed to provide students with vigorous training in applied financial econometrics. It covers topics on characteristics of macroeconomic and financial data and the use of econometric packages for data analysis, estimation and interpretation of the results.

Corporate Governance

This module analyses current issues within corporate governance by considering the ethical, cultural and social implications of governance. It studies a variety of approaches to solving problems in the area of governance in the corporate sector.

Corporate Social Responsibility

By investigating issues in corporate social responsibility in international businesses, the role of managers and organisations in a complex and dynamic context is challenged. The impact of globalisation on international management practices is considered, including ethics, environmental sustainability and stakeholder management.

Planning for New Business Ventures

This module develops your business planning skills including the evaluation of a firm's business model. You will prepare a business plan which is evaluated on its economic logic, value to customer and return on investment for its owners.

Financial Modelling

This module develops a systematic understanding of financial modelling and techniques of financial analysis, and their applications. It combines the development of practical modelling and analysis skills, mainly using spreadsheets, with conceptual understanding and critical analysis of financial modelling approaches.

Consultancy Project

Within the module students apply their understanding of management in relation to specific organisational problems. Students will develop their practical problem solving skills as well as communication and ability to work in cross-cultural teams.

Performance Management

This module develops your management accounting knowledge and skills further by studying the most up-to-date techniques in managing business performance. You will interpret the performance of organisations and critically discuss the role of management accounting within different contexts.

Financial Reporting

This module further develops your financial accounting knowledge and skills by blending a critical understanding of academic concepts and technical approaches. Using the IASB Conceptual framework students will be challenged to prepare financial statements and discuss underlying conceptual issues.

Audit and Assurance

The module introduces students to the concepts and practice of auditing by which professional auditors seek to provide assurance in relation to accounting and reporting systems. Students will take a critical perspective on auditing, including significant professional ethical problems.

Final project

Compulsory modules

Research project

On this module you incorporate research methods and a research project. This is a key component of the master's degree. The project provides you with an opportunity to explore a specialist area in depth. You have a choice to undertake a traditional dissertation or follow a structured research project which incorporates both theoretical and applied research. You will be provided with guidance and advice throughout the process.

Please note: As our courses are reviewed regularly as part of our quality assurance framework, the modules you can choose from may vary from that shown here. The structure of the course may also mean some modules are not available to you.

Learning and teaching

Learning methods include:

  • lectures
  • directed reading
  • workshops
  • seminars
  • practical and project work. 

Some modules include group work and teamwork activities.

The course also includes a voluntary International Business in Practice study trip module. 


Field trips

The International Business in Practice Study Trip module allows you to experience ideas and practices of global business. During the trip you will have direct interaction with management executives and practices. You will: attend presentations from local management executives and experts go on site visits to major corporations and agencies. This study trip is voluntary and you will need to fund all costs associated with the trip. It is not linked to university assessments in any way.

We also run a study trip to Chengdu, China. If you choose the study trip (which runs in July), we will give you all the details by March so that you can make your decisions ahead of the trip in July.

If you successfully complete this non-credit bearing module, it will be recorded on your transcript as P58335 International Business in Practice: Study Trip.


Assessment methods used on this course

Assessment methods include:

  • reports
  • seminar papers 
  • formal written examinations. 

The majority of assessments are individual assignments but there is also some assessed group work. 


There are two main areas of research related to this subject: 

  • critical perspectives on accounting, social responsibility and governance
  • applied economics, finance and development.

The Accounting cluster focuses on achieving accountability and responsibility. This is explored through a range of perspectives and methodological approaches.

The Economics cluster covers applied macro and microeconomics, finance, environmental sustainability and development. 

There are also two research clusters in the International Centre for Coaching and Mentoring Studies and the Centre for Diversity Policy Research and Practice which relate to this subject:

Two researchers in a meeting

After you graduate

Career prospects

This MSc Economics programme prepares you for a career as an economist, analyst or consultant in non-governmental organisations (NGOs), such as the World Bank or International Monetary Fund (IMF), or private companies and public sector organisations. You will also be prepared to study at PhD level.

Our Staff

Dr Yoko Nagase

My primary teaching areas are microeconomics, Environmental and natural resource economics, public finance, and mathematical economics. I have also taught multi-disciplinary modules/courses such as Environmental Studies Senior Seminar (co-taught with a team of scholars in natural sciences) and a reading course for first-year students.

Read more about Yoko

Programme Changes: On rare occasions we may need to make changes to our course programmes after they have been published on the website.

For more information, please visit our Changes to programmes page.