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QS Rank:

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5

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University of Cambridge

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Cambridgeshire

United Kingdom

The MPhil in Economics at the University of Cambridge is a highly regarded program that provides students with a profound understanding of economic principles and practices. This master's degree is designed for those interested in pursuing advanced studies and research in the field of economics, offering a rigorous curriculum that blends theoretical knowledge with practical application. Students can expect to engage deeply with core economic concepts while also exploring specialized areas such as macroeconomics, microeconomics, and econometrics. Through this comprehensive educational framework, students develop analytical and quantitative skills necessary to tackle complex economic issues in a rapidly changing world.

The program's curriculum is meticulously structured to include a variety of foundational courses alongside elective modules that cater to specific interests. Key courses may include advanced microeconomic theory, macroeconomic analysis, and empirical research methods. Students also have the opportunity to engage in specialized topics such as the economics of climate change, international trade, and public policy analysis. Such diverse offerings equip graduates with a robust skill set that is highly valued across multiple sectors and industries.

The faculty at the University of Cambridge is distinguished by their expertise and commitment to teaching. Comprising leading economists and researchers, the faculty members not only impart knowledge but also mentor students in their academic pursuits. Through small class sizes and interactive teaching methodologies, students receive personalized attention that fosters an engaging and intellectually stimulating environment. Moreover, the faculty’s active involvement in cutting-edge research ensures that the curriculum remains relevant to current economic trends and challenges.

One of the standout features of the MPhil in Economics program is the wealth of research opportunities available to students. The University of Cambridge is home to numerous research centers and institutes where students can collaborate on projects that address pressing economic issues. These research facilities provide access to extensive databases, advanced analytical tools, and interdisciplinary collaborations. Additionally, students often have the chance to present their findings at academic conferences, thereby enhancing their research profiles and professional networks.

The program also boasts strong connections with industry leaders and organizations, providing students with invaluable internship opportunities. This integration with the professional world allows students to gain real-world experience, apply their academic knowledge, and build essential networks that can lead to future career prospects. Graduates of the MPhil in Economics are well-equipped for a variety of roles, including economist, financial analyst, quantitative researcher, and policy advisor, making them highly competitive in the job market.

Furthermore, alumni success stories from the MPhil in Economics program are a testament to its effectiveness. Graduates have gone on to secure prestigious positions in renowned organizations worldwide, including government agencies, financial institutions, and academia. Many alumni credit their time at Cambridge for providing them with the analytical tools, critical thinking skills, and global perspectives necessary to excel in their careers. Testimonials highlight not only the rigorous academic training but also the supportive community and resources that helped shape their professional journeys.

In summary, the MPhil in Economics at the University of Cambridge offers an exceptional educational experience characterized by a robust curriculum, distinguished faculty, ample research opportunities, and strong industry connections. For those seeking to explore the complexities of economics and contribute to the field through research and policy-making, this program serves as an outstanding foundation.

Why Study Economics at University of Cambridge

  • A popular choice for international students, fostering a diverse and inclusive academic community.
  • Learn from world-renowned faculty members who are at the forefront of economic research and theory.
  • Access to state-of-the-art research facilities and resources, enabling students to conduct cutting-edge research.
  • Strong placement programs and career services that help students transition smoothly into the workforce.
  • Opportunities for internships with leading organizations, providing real-world experience and networking prospects.
  • A track record of alumni success, with graduates achieving significant accomplishments in various sectors.

The admission requirements for the MPhil in Economics program are designed to ensure that candidates are well-prepared for the rigors of graduate study. Applicants must hold a strong academic background in economics or a related field, along with a relevant undergraduate degree. Additionally, standardized test scores, such as the GRE, are required, reflecting the program's commitment to maintaining high academic standards.

Proficiency in English is essential for success in this program, and applicants must submit scores from recognized English language tests such as the TOEFL or IELTS. For the TOEFL, a minimum score of 110 out of 120 is required, while IELTS candidates must achieve a minimum score of 7.5 out of 9. These requirements ensure that all students can fully engage with the program's demanding curriculum and participate effectively in discussions and collaborative projects.

Moreover, candidates will need to provide a comprehensive application package, which includes academic transcripts, letters of recommendation, and a detailed resume highlighting relevant academic and professional experiences. This holistic approach allows the admission committee to assess the overall potential of each candidate, ensuring that students admitted to the program are equipped to thrive in the dynamic academic environment at the University of Cambridge.

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Duration

11 Months

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Median Salary

$60,000

Ranking

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#5

The World University Rankings

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#5

QS World University Rankings

Class Profile

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Class Size

20

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Average Age

25

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Average Work Experience

1 Years

Diversity

Africa:

1%

UK:

67%

Asia:

5%

Others:

5%

Oceania:

2%

Europe:

13%

North America:

7%

Career Outcomes

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Median Earnings After Graduation

$60,000 / year

Prospective Job Roles

Economist

Teacher

Entrepreneur

Financial Analyst

Quantitative Analyst

Data Scientist

Journalist

Researcher

Policymaker

Consultant

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • TOEFL

    110

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  • IELTS

    7.5

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Transcript

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    Academic LOR

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    Resume

Application Deadlines

Fees and Funding

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Tuition Fees

$35,517 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of Cambridge offers a variety of scholarships and funding opportunities for MPhil students in Economics. These scholarships are awarded based on academic merit, financial need, and other criteria. Some of the most popular scholarships include the Gates Cambridge Scholarship, the Clarendon Scholarship, and the Wolfson Scholarship.
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    Wolfson Scholarship

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    Gates Cambridge Scholarship

FAQs

  • A student can complete Economics at University of Cambridge with in 11.
  • The application fee to pursue Economics at University of Cambridge is GBP 75 for international students.
  • The annual tuition fee to pursue Economics at University of Cambridge is GBP 35517.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Cambridge. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Cambridge requirements before submitting a score.
  • Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of University of Cambridge, they can easily pursue Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at University of Cambridge can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Cambridge website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of Cambridge by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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