MPhil in Economics
4.2 /5
- Public University
Department of Economics
Talk to ExpertMPhil in Economics at Oxford University Overview
MPhil in Economics
at Oxford University
The University of Oxford offers a really good MPhil in Economics program at the PG level, which lasts for 21 months. To get admission to the program, students must meet the requirements for the course which include having a valid score on tests like IELTS. The University of Oxford tuition fee for the first year of the MPhil in Economics is GBP 24,450. Also, the students should budget well for living expenses, which has:
- Accommodation (rent or hostel)
- Food
- Books
- Other important utilities
Duration | 21 months Get Curriculum |
Tuition & Fees | ₹39.64 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | Advanced Masters Degree |
MPhil in Economics
Table of contents
MPhil in Economics at Oxford University Fees
MPhil in Economics
at Oxford University
For enrolling at the University of Oxford, for MPhil in Economics, students must pay the tuition and living cost. Moreover, the University of Oxford MPhil in Economics fee structure can vary from domestic to international students.
International students must pay the GBP 24,450 for the first year. Along with this, they must be ready for other costs of living such housing, food, transportation, books and supplies, and other miscellaneous expenses. Check out University of Oxford MPhil in Economics on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 39,63,684 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 16,02,592 |
| Total approximate fees | INR 16,02,592 |
Calculated at the exchange rate of 1 Pound = INR 120.55 | Tuition & expenses were last updated on 17ᵗʰ November 2025MPhil in Economics at Oxford University Curriculum
MPhil in Economics
at Oxford University
Latest curriculum for MPhil in Economics at Oxford University can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in M.Phil at Oxford University
Download exam sample paper
IELTS
IELTS
GRE
MPhil in Economics at Oxford University Entry Requirements
MPhil in Economics
at Oxford University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 60%
- Read less
- First class or a strong upper second class UG degree with honours. Moreover, there is no discipline limitation and the students from very different academic streams are taken into account as well. Overall, a degree which is regarded as equivalent to a strong upper second class UG degree with honours. A professional UG degree of 4 years from a recognised college with a minimum grade of 60% for degrees awarded by prestigious institutions and 70% for degrees awarded by other institutions is the same as a CGPA of 3.3 out of 4, 5.0 out of 7.0, 6.0 out of 8.0, or 8.0 out of 10.0
- A standard UG degree (3 years) from a recognised institution with an overall grade of 65% for degrees awarded by prestigious institutions (e.g., Institutions of National Importance), or 70% for degrees awarded by other institutions
- A degree equivalent to a first-class undergraduate degree with honours
- A professional bachelors degree (4 years) from a recognised institution with an overall grade of 65% for degrees awarded by prestigious institutions (e.g., Institutions of National Importance), or 75% for degrees awarded by other institutions; or 3.5 out of 4.0, 5.5 out of 7.0, 6.5 out of 8.0, or 8.5 out of 10.0
- A standard bachelors degree (3 years) from a recognised institution with an overall grade of 70% for degrees awarded by prestigious institutions (e.g., Institutions of National Importance), or 75% for degrees awarded by other institutions
3 year degree accepted
- N/A
- A three-year bachelor's degree is acceptable
Sign-up to view details
IELTS
- Marks - 7.5/9
- Minimum score per component is 7.0
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
GRE
- No specific cutoff mentioned
- Applicants will have a GRE score of Verbal 160, Quantitative 164, and Analytical 4.5
Other eligibility criteria
- All candidates are expected to have a working knowledge in one programming language (of the candidate’s choice) at the start of the MPhil. The department will provide advice to accepted candidates on how to acquire such knowledge
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MPhil in Economics at Oxford University Rankings
MPhil in Economics
at Oxford University
University Ranking
| Rank | Rank Publisher |
|---|---|
| #1 | |
| #1 | |
| #2 |
MPhil in Economics at Oxford University Placements
MPhil in Economics
at Oxford University
| Particulars | Statistics (2025) |
|---|---|
| Internship Available | Yes |
University of OxfordStudents Ratings & Reviews
4.2/5
6 Verified ReviewsStudent Views (Based on Reviews)
- 25% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Multi-dimensional
Liberal
Internships4
Part time work4.5
Post study jobs4.3
Quality of faculty4.5
Student Life4.7
Value for money3.7
Public transportation4.2
Safety4.8
Indian Food4.2
Permanent Immigration3.2
A
Anonymous
MSc in Modern South Asian Studies - Batch of 2022
4.5
One of the best years of my life.
Tips: If you are unable to secure funding or a scholarship, it is important to note the benefits against the costs. Given the state of the economy and the widespread lack of jobs, paying such high costs for a degree may not be beneficial. I was on the Commonwealth masters scholarship, so I did not have to spend anything out of pocket, but before I got the scholarship, I did consider not taking admission because it did not make sense to pay so much for a one-year degree. The university will give you the time of your life and one of the one-of-a-kind experiences if you decide to go.
Likes (Internships): More than anything else, it's the name of the university and the value that it carries. Given the scale of the university, you will need to find opportunities and connect with people, but you will find the staff and faculty very helpful and always available.
Dislikes (Permanent Immigration): Given the new rules for immigration and post-study settlement in the United Kingdom, it has become hard for students to stay in the country post-completion of their degrees. I would have liked to stay in the country, but I had scholarship conditions that required me to return.
Total Monthly ExpensePound 925
Prepping time for classes18 hours/Week
Expected Annual SalaryPound 39850
A
Anonymous
MPhil in Evidence-Based Social Intervention and Policy Evaluation - Batch of 2021
3.9
Oxford is a lot more than just academic excellence.
Tips: My time at Oxford has been challenging yet rewarding. I learnt how to manage the submission of deliverables on time even when the situations were not in my favour. Everyone here comes with expertise in their own fields and peer-to-peer learning helps a lot in gaining a different perspective. At the same time, engagement in extra-curriculars is not only encouraged but also appreciated by the faculty and department head which in turn helps in great exposure to a world outside the field of study.
Likes (Safety): Oxford is a student city and generally, it is very safe even at night. Plus, the departments and college staff ensure proper guidance to safety measures through lectures, presentations and emails at regular intervals. Even public transport is safe to use and people are quite welcoming, as I have always experienced during my time at Oxford.
Dislikes (Internships): Career services at the university provide general guidance related to finding/applying for internships and the department also sometimes helps. However, more focused research on finding something relevant to the field of study is expected to be done by students themselves. While self-exploration with proper guidance helps in the long run, it can sometimes be time-consuming and stressful in case of financial difficulties.
Total Monthly ExpensePound 4000
Prepping time for classes35 hours/Week
Expected Annual SalaryPound
W
Winy Daigavane
Bachelor of Civil Law - Batch of 2024
4.8
BCL at the University of Oxford - An intense and wholesome year full of new learning experiences.
Tips: Getting into the BCL at Oxford is a privilege since it's a highly reputed course that's very selective of its cohort. BCL, contrary to its name is neither a Bachelor's nor a Civil Law course. It is taught master's course for students from a common law background. The experience of studying at the university is unmatched, especially the tutorial system where a student gets a lot of one-on-one time with the professors. The shift from an Indian education system to this has been massive but positive and I would highly recommend doing this course. I was fortunate to have received two scholarships from the Oxford and Cambridge Society of India. The application process was simple and involved completing a form and an interview that took place in Delhi with a panel of about 5-6 members. Moving to the UK is a big cultural change for an Indian in terms of food, weather, culture and the education system. However, the University of Oxford is a very welcoming place and although it might take some time, you'll soon feel at home in the university. Overall. I am extremely satisfied with the course, college and the country.
Likes (Part time work): There are various academic and non-academic opportunities for part-time work available in the college as well as in the university. These could be examination invigilation, test correction, participation in different studies, research assistant to a professor, and volunteering, amongst others. These opportunities can also be availed in other colleges, if available. However, considering that BCL is an intense and short degree, managing part-time work along with academics becomes relatively difficult. Commitments of a shorter term should be preferred over long-term commitments. The average payout for part-time work at the university is usually the minimum wage rate in the UK.
Dislikes (Permanent Immigration): The economy in the UK right now is not at its best which makes it relatively difficult for immigrants to look for a sponsored job. While the graduate visa route does facilitate the process and help the students start the process, it does add two more years to the permanent settlement process. A degree from the University of Oxford, especially the BCL, will certainly help your chances of getting a job in the legal market, it is relatively easier if you come after work experience considering you'll need to separately qualify as a lawyer either solicitor or barrister in the UK. The BCL certainly did help me obtain a job in the country but having a graduate visa did increase my chances of getting the job itself since I won't require sponsorship for the initial two years. My chances of permanent settlement in this country are quite high and I would be open to the idea of permanent immigrating to this country.
Total Monthly ExpensePound 1325
Prepping time for classes50 hours/Week
Expected Annual SalaryPound 104000
A
Anonymous
MSc in Integrated Immunology - Batch of 2022
4.1
My time at the University of Oxford has been great!
Tips: It is definitely difficult to adjust to a completely different academic environment and a new country in the beginning. So students should keep an open mind and engage themselves in different cultural activities to ensure the transition period is smooth. Homesickness is real but I would encourage students to reach out for help whenever they need it. All the counsellors and supervisors are always ready to listen to you. I have been very fortunate to have attended the University of Oxford, which was my dream university and the experience I have had was nothing less than amazing.
Likes (Student Life): Student life is great! I have learnt so much during my time at Oxford. What I enjoyed the most was problem based learning sessions wherein the entire cohort was divided into groups and given activities and questions to answer based on clinical cases. The quality of education is really commendable. The events that were organised by the university as well as the student unions are also ample. Students can join different clubs and societies and pursue their interests.
Dislikes (Internships): There are a lot of opportunities to apply for internships however since the MSc program is of a year it might be difficult to apply and continue an internship with so much to cover in academics. The program might make it difficult to take up internships during the course duration.
Total Monthly ExpensePound 1200
Prepping time for classes26 hours/Week
Expected Annual SalaryPound
(1) 1 person found this helpfulF
Faizan Ahmad
Bachelor of Civil Law - Batch of 2024
3
Over hyped. But worth it if you get scholarship.
Tips: Make sure you know why you want to come to Oxford, most people come here due to the reputation and brand value but get disappointed when courses do not meet their academic expectations. Some teaching materials are very Eurocentric and white. Overall, a good place to network and make connections.
Likes (Safety): Safety is not an issue as everyone stays around the city or university campus. Streets are well lit and students can easily avail of university security services. All accommodation has a special fob-based entry, which is very difficult to break into. Overall safety is not an issue.
Dislikes (Value for money): Tuition fees and living expenses are very expensive. My law degree had one of the highest tuition fees. I could only attend because of my scholarship. The university application fee itself is around 8000 rupees and the university does not give any waivers.
Total Monthly ExpensePound 1500
Prepping time for classes3 hours/Week
Expected Annual SalaryPound
View All 8 Reviews
MPhil in Economics at Oxford University Highlights
MPhil in Economics
at Oxford University
- MPhil in Economics is offered by Department of Economics under University of Oxford, UK.
This a Masters level program of a course duration of 21 Months.
Download the brochure to read more details of this course.
MPhil in Economics at Oxford University Scholarships
MPhil in Economics
at Oxford University
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MPhil in Economics at Oxford University Contact Information
MPhil in Economics
at Oxford University
Address
University Offices, Wellington Square, Oxford OX1 2JD, United Kingdom
Oxford ( Oxfordshire)
Phone
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