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Political Economy of Emerging Markets MSc

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Our Political Economy of Emerging Markets MSc offers a distinctive approach to the study of development. We focus on the political economy of emerging markets, especially national development strategies and the underlying politics and institutions that underpin such strategies. The course also covers subjects such as development theory, business and state relations and public finance management. The programme allows you to develop your own research interests on particular countries and regions.

Key benefits

  • Offers a distinctive approach to the study of development.
  • Interdisciplinary course which enables you to study the political economy of emerging markets from a variety of perspectives.
  • Wide range of optional modules drawing on expertise across King's with particular emphasis on our Global Institutes.
  • We accept students from a range of academic backgrounds and mid-career professionals.

Our course provides you with high-quality post-graduate teaching and training in the analysis of emerging economies. It offers a distinctive approach to the study of development by focusing on rising economic powers with a particular focus on national development strategies, economic and political institutions, and the political processes that influence economic reforms. We are based at King’s Department of International Development, which enables us to draw on social scientific expertise from across other departments in the faculties of Social Sciences & Public Policy and Arts & Humanities as well as King’s Global Institutes.  The course critically assesses economic development theory to ask whether emerging economies offer a new model or models of development. Our main focus is examining the strategies that emerging economies have adopted to promote development. This includes asking how sustainable or enduring these new strategies are and how emerging markets solve the difficult problems of promoting growth over the longer term. To answer this last question, we investigate how emerging economies deal with the development and diffusion of technology, manage trade and financial flows, balance the role of the state and the market, and tackle problems of institutional underdevelopment and weak systems of law and accountability. 

Base campuses

strand-quad
Strand Campus

Located on the north bank of the River Thames, the Strand Campus houses King's College London's arts and sciences faculties.

waterloo-banner
Waterloo Campus

Waterloo campus is home of the Florence Nightingale Faculty of Nursing & Midwifery and facilities for other faculties

Regulating bodies

King's is regulated by the Office for Students

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Teaching methods - what to expect

We will use a delivery method that will ensure students have a rich, exciting experience from the start. Face to face teaching will be complemented and supported with innovative technology so that students also experience elements of digital learning and assessment.

For every 15-credit module, we will typically provide 20 hours of lectures and seminars, and we will expect you to undertake 130 hours of independent study. For your dissertation, we will usually provide five hours of dissertation workshops, and five one-to-one or group meetings with supervisors. You will undertake 590 hours of independent study.

 
Module Lectures, seminars and feedback Self-study
Per 15-credit taught module Typically 20 hours. 130 hours (some modules may involve lab work or e-learning which would require less self-guided learning).
Dissertation module Usually 5 x 1-hour dissertation workshops and 5 one-to-one or group consultation with supervisors. 590 hours of self-study and project work.

Typically, one credit equates to 10 hours of work.

Assessment

  • Coursework
  • Practical Examinations
  • Written Examinations
  • Essays
  • Group Reports
  • Group presentation
  • Dissertation

Your performance on taught modules in the Department of International Development will be assessed through a combination of coursework and written/practical examinations. Forms of assessment may typically include individual essays, oral group presentations or group reports. The dissertation module is assessed by a proposal and a 12,000-word dissertation.

Structure

Required modules

Courses are divided into modules. You will normally take modules totaling 180 credits. You are required to take the following modules:

Topics in the Analysis of Emerging Economies (15 credits)
States, Markets and the Institutional Basis of Growth (15 credits)
Dissertation (60 Credits)

Students must also take at least one 15-credit methods module, out of the following four:

Quantitative Methods for Social Science (15 credits)
Advanced Quantitative Methods for Causal Inference (15 credits)
Introduction to Qualitative Methods (15 credits)
Advanced Qualitative Methods

Optional modules

In addition, you are required to take the remaining credits from a range of modules which may typically include:

Comparative Public Policy Analysis In Emerging Economies (15 credits)
Industrial Development: Strategy and Competitiveness (15 credits)
Multinational Enterprises, Global Value Chains, and Local Development (15 credits)
Industrial Economics & International Development (15 credits)
The Politics of Managing Public Finances in Emerging Economies (15 credits)
Advanced Quantitative Methods for Causal Inference (15 credits)
Advanced Qualitative Methods (15 credits)
Quantitative Methods for Social Science (15 credits)
Introduction to Qualitative Methods (15 credits)
Practical and Theoretical Evaluation of Sustainable Development (15 credits)
Project Management for International Development (15 credits)
Climate, Environment, and Uneven Development (15 credits)
Political Economy of Latin America: Development Trajectories and Contemporary Challenges (15 credits)
Displacement and Development in the Contemporary Era (15 credits)
Governing Complex Societies: Federalism, Decentralisation & Development (15 credits)
Gender, Society & Development (15 credits)
Poverty, Inequality & Social Policy in Emerging Economies (15 credits)
Political Economy of Market Reform (15 credits)

Up to 30 credits from modules offered across the University, including the possibility of taking a language module, subject to approvals. Part-time students should plan to take two required modules worth 30 credits in their first year, at least one methods module worth 15 credits from the list above plus 30 credits of optional modules. In their second year, students will take a dissertation module worth 60 credits and 45 credits of optional modules in order to make 180 credits in total.

King’s College London reviews the modules offered on a regular basis to provide up-to-date, innovative and relevant programmes of study. Therefore, modules offered may change. We suggest you keep an eye on the course finder on our website for updates.

Please note that modules with a practical component will be capped due to educational requirements, which may mean that we cannot guarantee a place to all students who elect to study this module.

Employability

Our course provides you with high-quality graduate research training that will improve your prospects seeking employment in the development sector in the UK and other OECD countries and also in emerging economies, consultancy organisations, private sector companies with global operations and government offices. It’s an ideal course if you are an international student seeking specialist training and/or government employment. 

Tuition Fees

UK:

Full time: £11,040 per year (2022/23)

Part time: £5,520 per year (2022/23)

International:

Full time: £24,660 per year (2022/23)

Part time: £12,330 per year (2022/23)

These tuition fees may be subject to additional increases in subsequent years of study, in line with King’s terms and conditions.

Deposit

When you receive an offer for this course you will be required to pay a non-refundable deposit to secure your place. The deposit will be credited towards your total fee payment.

The UK deposit is £500.

The INTERNATIONAL deposit is £2,000.

  • If you receive an offer on or before 31 March, payment is due by 25 April 2022.
  • If you receive an offer between 1 April and 30 June, payment is due within one month of receiving the offer.
  • If you receive an offer between 1 July and 31 July, payment is due within two weeks of receiving the offer.
  • If you receive an offer between 1 August and 21 August, payment is due within one week of receiving the offer.
  • If you receive an offer from 22 August onwards, payment is due within three days of receiving the offer.

If you are a current King’s student in receipt of the King's Living Bursary you are not required to pay a deposit to secure your place on the programme. Please note, this will not change the total fees payable for your chosen programme.

Please visit our web pages on fees and funding for more information.

Additional Costs

In addition to your tuition costs, you can also expect to pay for:

  • Books if you choose to buy your own copies
  • Clothing for optional course related events and competitions
  • Library fees and fines
  • Personal photocopies
  • Printing course handouts
  • Society membership fees
  • Stationery
  • Travel costs for travel around London and between campuses
  • Graduation costs

Funding

Our course provides you with high-quality post-graduate teaching and training in the analysis of emerging economies. It offers a distinctive approach to the study of development by focusing on rising economic powers with a particular focus on national development strategies, economic and political institutions, and the political processes that influence economic reforms. We are based at King’s Department of International Development, which enables us to draw on social scientific expertise from across other departments in the faculties of Social Sciences & Public Policy and Arts & Humanities as well as King’s Global Institutes.  The course critically assesses economic development theory to ask whether emerging economies offer a new model or models of development. Our main focus is examining the strategies that emerging economies have adopted to promote development. This includes asking how sustainable or enduring these new strategies are and how emerging markets solve the difficult problems of promoting growth over the longer term. To answer this last question, we investigate how emerging economies deal with the development and diffusion of technology, manage trade and financial flows, balance the role of the state and the market, and tackle problems of institutional underdevelopment and weak systems of law and accountability. 

Base campuses

strand-quad
Strand Campus

Located on the north bank of the River Thames, the Strand Campus houses King's College London's arts and sciences faculties.

waterloo-banner
Waterloo Campus

Waterloo campus is home of the Florence Nightingale Faculty of Nursing & Midwifery and facilities for other faculties

Regulating bodies

King's is regulated by the Office for Students

Loading...

Teaching methods - what to expect

We will use a delivery method that will ensure students have a rich, exciting experience from the start. Face to face teaching will be complemented and supported with innovative technology so that students also experience elements of digital learning and assessment.

For every 15-credit module, we will typically provide 20 hours of lectures and seminars, and we will expect you to undertake 130 hours of independent study. For your dissertation, we will usually provide five hours of dissertation workshops, and five one-to-one or group meetings with supervisors. You will undertake 590 hours of independent study.

 
Module Lectures, seminars and feedback Self-study
Per 15-credit taught module Typically 20 hours. 130 hours (some modules may involve lab work or e-learning which would require less self-guided learning).
Dissertation module Usually 5 x 1-hour dissertation workshops and 5 one-to-one or group consultation with supervisors. 590 hours of self-study and project work.

Typically, one credit equates to 10 hours of work.

Assessment

  • Coursework
  • Practical Examinations
  • Written Examinations
  • Essays
  • Group Reports
  • Group presentation
  • Dissertation

Your performance on taught modules in the Department of International Development will be assessed through a combination of coursework and written/practical examinations. Forms of assessment may typically include individual essays, oral group presentations or group reports. The dissertation module is assessed by a proposal and a 12,000-word dissertation.

Structure

Required modules

Courses are divided into modules. You will normally take modules totaling 180 credits. You are required to take the following modules:

Topics in the Analysis of Emerging Economies (15 credits)
States, Markets and the Institutional Basis of Growth (15 credits)
Dissertation (60 Credits)

Students must also take at least one 15-credit methods module, out of the following four:

Quantitative Methods for Social Science (15 credits)
Advanced Quantitative Methods for Causal Inference (15 credits)
Introduction to Qualitative Methods (15 credits)
Advanced Qualitative Methods

Optional modules

In addition, you are required to take the remaining credits from a range of modules which may typically include:

Comparative Public Policy Analysis In Emerging Economies (15 credits)
Industrial Development: Strategy and Competitiveness (15 credits)
Multinational Enterprises, Global Value Chains, and Local Development (15 credits)
Industrial Economics & International Development (15 credits)
The Politics of Managing Public Finances in Emerging Economies (15 credits)
Advanced Quantitative Methods for Causal Inference (15 credits)
Advanced Qualitative Methods (15 credits)
Quantitative Methods for Social Science (15 credits)
Introduction to Qualitative Methods (15 credits)
Practical and Theoretical Evaluation of Sustainable Development (15 credits)
Project Management for International Development (15 credits)
Climate, Environment, and Uneven Development (15 credits)
Political Economy of Latin America: Development Trajectories and Contemporary Challenges (15 credits)
Displacement and Development in the Contemporary Era (15 credits)
Governing Complex Societies: Federalism, Decentralisation & Development (15 credits)
Gender, Society & Development (15 credits)
Poverty, Inequality & Social Policy in Emerging Economies (15 credits)
Political Economy of Market Reform (15 credits)

Up to 30 credits from modules offered across the University, including the possibility of taking a language module, subject to approvals. Part-time students should plan to take two required modules worth 30 credits in their first year, at least one methods module worth 15 credits from the list above plus 30 credits of optional modules. In their second year, students will take a dissertation module worth 60 credits and 45 credits of optional modules in order to make 180 credits in total.

King’s College London reviews the modules offered on a regular basis to provide up-to-date, innovative and relevant programmes of study. Therefore, modules offered may change. We suggest you keep an eye on the course finder on our website for updates.

Please note that modules with a practical component will be capped due to educational requirements, which may mean that we cannot guarantee a place to all students who elect to study this module.

Employability

Our course provides you with high-quality graduate research training that will improve your prospects seeking employment in the development sector in the UK and other OECD countries and also in emerging economies, consultancy organisations, private sector companies with global operations and government offices. It’s an ideal course if you are an international student seeking specialist training and/or government employment. 

Tuition Fees

UK:

Full time: £11,040 per year (2022/23)

Part time: £5,520 per year (2022/23)

International:

Full time: £24,660 per year (2022/23)

Part time: £12,330 per year (2022/23)

These tuition fees may be subject to additional increases in subsequent years of study, in line with King’s terms and conditions.

Deposit

When you receive an offer for this course you will be required to pay a non-refundable deposit to secure your place. The deposit will be credited towards your total fee payment.

The UK deposit is £500.

The INTERNATIONAL deposit is £2,000.

  • If you receive an offer on or before 31 March, payment is due by 25 April 2022.
  • If you receive an offer between 1 April and 30 June, payment is due within one month of receiving the offer.
  • If you receive an offer between 1 July and 31 July, payment is due within two weeks of receiving the offer.
  • If you receive an offer between 1 August and 21 August, payment is due within one week of receiving the offer.
  • If you receive an offer from 22 August onwards, payment is due within three days of receiving the offer.

If you are a current King’s student in receipt of the King's Living Bursary you are not required to pay a deposit to secure your place on the programme. Please note, this will not change the total fees payable for your chosen programme.

Please visit our web pages on fees and funding for more information.

Additional Costs

In addition to your tuition costs, you can also expect to pay for:

  • Books if you choose to buy your own copies
  • Clothing for optional course related events and competitions
  • Library fees and fines
  • Personal photocopies
  • Printing course handouts
  • Society membership fees
  • Stationery
  • Travel costs for travel around London and between campuses
  • Graduation costs

Funding

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