Master Program in International Trade, Finance, and Development

Barcelona Graduate School of Economics

Program Description

Master Program in International Trade, Finance, and Development

Barcelona Graduate School of Economics


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 Fall term, program students are required to take a mathematics, statistics and a computer tools brush-up course.

  • Mathematics, Statistics and Computational Tools

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.

Course offer is subject to change.

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 Ph.D. students looking for a solid foundation in the theory and empirics of international trade, finance, and development

Who hires ITFD graduates?

  • Financial Services
  • International Organizations and Non-profits
  • Consulting Firms
  • Government and Authorities
  • Research and Academic Institutions

Examples of recent ITFD professional placements

  • BNP Paribas - Global Trade Analyst (Luxembourg)
  • Booz Allen Hamilton - Senior Consultant (McLean, VA, USA)
  • Center for International Development at Harvard University - Research Assistant (Boston, MA, USA)
  • European Central Bank (ECB) - Trainee, Statistic Department (Frankfurt, Germany)
  • European Commission - Trainee in DG Trade, Evaluation Unit (Brussels, Belgium)
  • German Society for International Cooperation (GIZ) - Consultant (Gaborone, Botswana)
  • Ministry of Business and Growth in Denmark - Financial Economic Affairs Analyst (Copenhagen, Denmark)
  • Federal Reserve Bank in Atlanta - Senior Economic Research Analyst (Atlanta, GA, USA)
  • United Nations Development Programme (UNDP) - Project Assistant (New Delhi, India)
  • World Bank - Consultant in Macroeconomics and Growth (Washington, DC, USA)

Examples of recent ITFD Ph.D. program placements:

  • Harvard University
  • Ifo Institute for Economic Research
  • Michigan State University
  • New York University
  • Universitat Pompeu Fabra (UPF)
  • University of Rochester
This school offers programs in:
  • English

Last updated September 13, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2019
9 months
Full time
16,500 EUR
Spain - Barcelona, Catalonia
Start date : Sept. 2019
Application deadline Request Info
End date Request Info
Start date : Sept. 2019
Application deadline Request Info
End date Request Info
Sept. 2019
Spain - Barcelona, Catalonia
Application deadline Request Info
End date Request Info
Application deadline Request Info
End date Request Info

A Typical Day at the Barcelona GSE, Sam ITFD '18