Master Program in International Trade, Finance, and Development

General

Read more about this program on the institution's website

Program Description

About

International Trade, Finance, and Development is a demanding master program that combines rigorous analytical training with a focus on policy.

The ITFD Program provides rigorous training in the economics of international finance, trade, and development for students interested in demanding professional careers and doctoral programs.

What can be done to avoid financial crises? How can growth in the least developed countries be accelerated? How can wealth be distributed equitably and sustainably? This program will allow students to acquire a thorough knowledge of the conceptual and empirical tools of modern Economics applied to international trade, finance, and development.

Tailor your program to fit your interests and goals

The program starts in the first term with a set of courses on economic growth and development, international trade and finance, and quantitative methods. In the second and third terms, students can choose from a wide array of courses and tailor their learning experience to their interests. Some students chose to specialize in the development, others in international trade and finance, while others opt instead for a more balanced approach that combines training in both areas.

Students complete a master project by the end of the academic year, allowing them to specialize in a policy topic of their choice. They also attend a series of policy lessons delivered by international experts.

Study with experts from academia and international organizations

The master's faculty consists of internationally renowned scholars who have previously held academic positions at MIT, NYU, Chicago, Berkeley, Stanford, and Cambridge. They have also worked or held consulting appointments at international organizations, including the World Bank, the IMF, the Inter-American Development Bank, and the European Central Bank.

Alumni choose from a world of career paths

Past ITFD graduates have found employment in international organizations, government agencies, central banks, financial institutions, research and consulting firms, and NGOs.

Several past graduates have decided to pursue further studies and have joined prestigious Ph.D. programs in Europe and the United States, including the London School of Economics, Stanford University, and Harvard University.

Program schedule

  • In the first term, program students are required to take a Mathematics, Statistics and Computational Tools brush-up course.
  • A master project, which will be supervised in regular meetings with an advisor, will allow each student to put their knowledge into practice and improve their writing and exposition skills.
  • Students must complete 60 ECTS by the end of the program (a total of 6 mandatory courses and between 5 and 9 elective courses)

What skills and knowledge will I acquire in this program?

  • Gain a thorough understanding of the economics of international trade, finance, and development
  • Build an in-depth knowledge of the analytical tools of modern economics
  • Receive extensive training in econometrics and statistical methods
  • Acquire the ability to apply theoretical and empirical tools to address pressing policy issues

Who will benefit from this program?

  • Graduates with a strong quantitative background from all fields, particularly Economics, Business, Engineering, Political Science
  • 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 the theory and empirics of international trade, finance, and development.

Who hires ITFD graduates?

    • Consulting Firms
    • Financial Services
    • Government & Authorities
    • International Organizations / Non-profits
    • Research & Academic Institutions
    • Other Industries

Examples of recent ITFD placements:

    • Asian Development Bank (ADB) − Research Associate − Manila, Philippines
    • Banco de España − Research Assistant − Madrid, Spain
    • Bloomberg − Debt Capital Markets Data Analyst − London, United Kingdom
    • Economic and Finance Ministery − Capital Market Analyst − Lima, Peru
    • European Central Bank − Traineeship in the DG International and European Relations − Frankfurt, Germany
    • European Commission − Traineeship − Brussels, Belgium
    • European Systemic Risk Board (ESRB) − Trainee − Frankfurt, Germany
    • European Systemic Risk Board (ESRB) − Trainee − Frankfurt, Germany
    • Evidence for Policy Design Harvard − Research Associate − Delhi, India
    • Goldman Sachs − Analyst in High Yield Credit Institutional Sales − New York, NY, United States
    • HM Treasury − Head of International Trade and business investment, economics groups − London, United Kingdom
    • Imperial College London − PhD Student − London, United Kingdom
    • Instiglio − Associate − Bogota, Colombia
    • Inter-American Development Bank (IDB) − Consultant − Washington DC, United States
    • Laterite − Research Assistant − Kigali, Rwanda
    • OECD − Trainee in the Development Center − Paris, France
    • Organization of American States (OAS) − Consultant − Washington DC, United States
    • Princeton University − Senior Research Specialist − Princeton, NJ, USA
    • United Nations (UN) − Internship at the UN Economic and Social Commission for Western Asia − Geneva, Switzerland
    • Universitat Autònoma de Barcelona (UAB) − PhD Student − Barcelona, Spain
    • World Bank − Investment Analyst − Johannesburg, South Africa
    • World Food Programme − Programme Officer − Colombo, Sri Lanka
Last updated Nov 2020

About the School

Barcelona Graduate School of Economics is an institution dedicated to academic rigor, open-minded thinking, and scientific impact. We do this by bringing together four of Europe’s top Economics resear ... Read More

Barcelona Graduate School of Economics is an institution dedicated to academic rigor, open-minded thinking, and scientific impact. We do this by bringing together four of Europe’s top Economics research groups, all located in the city we call home: Universitat Pompeu Fabra (UPF) Department of Economics and Business Universitat Autònoma de Barcelona (UAB) Unit of Economic Analysis Institute for Economic Analysis (IAE-CSIC) Center for Research in International Economics (CREI) Our rigorous Master’s programs are designed and taught by researchers from these four academic units. They are our Barcelona GSE Affiliated Professors, our core teaching faculty of more than 150 accomplished researchers and instructors who exemplify the pursuit of excellence that we aim to instill in every student. Read less