Master Program - International Trade, Finance and Development
International Trade, Finance, and Development (ITFD) is a demanding master program that combines rigorous analytical training with a focus on policy. The course starts with a set of classes in growth, finance, trade, and statistics, and then proceeds to more applied topics. Starting in the second term, students can chose one of two specialized tracks – development, and international trade and finance. Students choose from a wide array of courses, from evaluating development programs to the dynamics of foreign exchange markets. In addition, students prepare a policy project that allows them to apply the skills acquired. In the third term, outside experts share their experiences of applying economic analysis to real-life problems, whether it is in reshaping policy, devising trading strategies, or helping children in Africa.
The ITFD program faculty have worked on a wide range of policy issues related to topics covered in our program. They have held academic positions at MIT, NYU, Maryland, Chicago, Stanford and Cambridge, and have worked at international organizations – from the World Bank to the ECB – and in private sector firms, either as staff members or consultants. Each year in the spring term, leading policy specialists from international organizations, NGOs, or private corporations join the program faculty to lead a series of policy courses that provide a real-world perspective on topics covered in class.
Students complete a thesis at the end of the academic year under the supervision of a faculty member, allowing them to specialize in a policy topic of their choice. Program graduates will be well-equipped for employment in development organizations, NGOs, government agencies, central banks, multinational firms, and investment banks; others tend to join highly selective doctoral programs.
Upon successful completion of the program, students will receive a Master Degree in Specialized Economic Analysis awarded jointly with the Universitat Autònoma de Barcelona and the Universitat Pompeu Fabra.
Skills acquired in this master program
- Gain a deep understanding of the economics of development, international trade, and finance
- How to apply economic concepts to pressing policy issues, especially those related to growth, economic stability, and poverty
- Rigorous training in basic and advanced econometrics and statistics, with a view to analysing data both in cross-sections and time-series
- Personalized coaching in how to present, both orally and in writing, cutting-edge research and policy recommendations
Who will benefit from this program
- Graduates from all fields, especially those with a strong quantitative background (computer science, mathematics, physics, engineering, economics, statistics, and business as well as other fields)
- Junior professionals from private firms, research centers, central banks, financial institutions, the civil service, and NGOs
- Aspiring PhD students looking for a solid foundation in econometrics, growth, international trade, finance, and development
Who hires graduates of this program
- Authorities and Government Agencies
- International Organizations
- Research Institutions and Consulting Firms
- Financial Industry
Last updated January 20, 2016