Update your status of this course
University of Cambridge Course/Program Name
Application closes on
National :28 Jan 
International :28 Jan 
EU :28 Jan 

MPhil Economics

 Course Level
Masters / PG
Full Time

10 Months
 Start month

 Tuition fee

24000 GBP
18000 GBP
18000 GBP

Application fee

International 50 GBP
National 50 GBP
Faculty of Economics
Scores accepted
IELTS (min)7.5
TOEFL-IBT (min)100

World University Ranking

Get the best abroad education loan at free of cost

WeMakeScholars initiative is supported by the Govt. of India; associated with 10+ public/private banks & NBFCs.

Due to high number of loan requests from your region, we are not accepting any new applications at the moment. We believe in offering quality service to our customers.

Sorry for the inconvenience caused.

About this course

The MPhil in Economics is a one-year master’s degree that runs from mid-September to late July. This degree is specifically aimed at candidates who are interested in undertaking a master’s degree that will give them the technical training required to undertake a career as a professional economist working for, say, the UK Government Economic Service or an economics consultancy.

Learning Outcomes
On completion of the MPhil degree students should have:

  • acquired an advanced technical training in microeconomics, macroeconomics, and econometrics;
  • acquired, through optional papers, some knowledge of work at the frontiers of the subject in particular areas;
  • begun to acquire independent research skills and experience of putting them into practice;
  • acquired experience and guidance in formulating a realistic research topic and prepared written work to a strict timetable;
  • acquired sufficient knowledge and understanding of advanced economics to proceed to a career as a professional economist in business or government, or to a research degree.

Although the MPhil in Economics is designed for students who wish to obtain a one-year master’s qualification before leaving academic economics, it will be possible for students to continue from the MPhil in Economics onto the PhD programme. To do this, students will be expected to perform at a standard similar to that required for continuation from the MPhil in Economic Research; this means that as well as achieving continuation marks, students would need to have taken the advanced modules that are compulsory for MPhil in Economic Research students.  Continuation is also conditional on the appointment of a supervisor.

Check further details on University website

Eligibility Criteria

Expected Academic Standard

  • Applicants for this course should have achieved a UK High II.i Honours Degree.
  • If your degree is not from the UK, please check International Qualifications to find the equivalent in your country.
  • At least a good 2.1 undergraduate degree in economics which includes standard courses in intermediate level microeconomics, macroeconomics and econometrics (a business studies, accountancy or management degree or qualification does not provide an adequate background). Applicants from North American institutions: a GPA of at least 3.6 out of 4 or the equivalent. Applicants from other educational systems: within the top ten per cent of their reference group.

IELTS: 7.5 ( 7 in each section)

TOEFL: 110 ( 25 in each section)

Score: Grade A or B (with at least 193 in each individual element) plus a language centre assessment.

Score: Grade A, B, or C (with at least 200 in each individual element)

Check further details on University website

Course Modules

Each student will take eight modules plus a dissertation. One module is equivalent to eighteen hours of lectures.


  • to attend the preparatory course in mathematics and statistics
  • one compulsory module in each of the three core areas [3]
  • Three more modules which can be taken from any of the core areas [3]
  • two additional modules, either from the core areas or from the list of additional options [2]
  • a dissertation of up to 10,000 words.


  • There is an internal examination on the material covered in the preparatory course which is assessed on a pass/fail basis. Classes in problem sets take place for core compulsory modules - one problem set for each of the compulsory modules is formally assessed.  Mid-course examinations in microeconomics I, macroeconomics I and econometric methods take place in January; marks are recorded but do not count towards the final degree result.  Each student receives 2 hours of supervision for the dissertation component of the MPhil in Economics.

Students submit a 10,000 word dissertation at the end of July worth 20% of the final overall mark.

Written examination
Students are examined on 8 coursework modules in May/June worth 80% of the final overall mark.

Check further details on University website

How to Apply

You should thoroughly research your prospective course, its requirements, deadlines and course costs before you think about completing and submitting the online application form.

Having fully researched the course you are interested in, make sure you now have the relevant information you need to apply:

  • Course name
  • Application and funding deadlines
  • The relevant required supporting documents (e.g. transcripts, CV, etc.) in pdf format to upload.
  • Email addresses for your academic referees. You should ensure you have theirconsent before you apply.
  • A choice of up to two colleges to consider your application.
  • Apply Online using the GRADSAF

When you have completed the necessary preparation, and you are ready to begin your online application, you should take note of the following important information.

  • There is an application charge of (GBP Sterling) £50 per application. You can make the payment by providing your credit card details to our secure server when you submit the online application.
  • Your application is not complete without the required supporting documentationwhich can be uploaded via your self service account after you submit the online application form.
  • You will need to submit a separate application, with separate supporting documents, for each course you wish you to apply for.

Upload Supporting Documentation
Once you have submitted your application, you will be given access to your Self-Service Account. You will have 14 days from submission of your application to upload all mandatory documents.

Please check your course's entry to see what supporting documents you will be required to submit. These will also be listed on your self-service account once you have submitted your application. For more information on what the specific requirements of each document are, and how to submit them, please see the section on Supporting Documentation.

Check further details on University website

Join the largest Study Abroad community      Log in      Sign up