Economics at University of Oxford UK

Study Abroad Team 23/07/2024

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Economics at University of Oxford UK


Economics at University of Oxford UK – Highlights

The University of Oxford offers a world-renowned Economics program that is recognized for its academic rigor and excellence. Located in the historic city of Oxford, the university provides a stimulating environment for students to learn and grow. The program combines theoretical knowledge with practical applications, preparing students for a successful career in economics.

Oxford's Economics program is designed to equip students with a deep understanding of economic principles and their real-world applications. The city of Oxford offers a rich cultural and academic setting, with a variety of resources and opportunities for students to engage in research, internships, and networking events.


Why Study Economics at University of Oxford UK?

Studying Economics at the University of Oxford offers students a unique opportunity to learn from some of the leading experts in the field. The program is known for its academic excellence and comprehensive curriculum, which covers a wide range of topics in economics. Students benefit from personalized attention and a supportive learning environment that encourages critical thinking and intellectual growth.

  • Access to world-class faculty and resources.
  • Opportunities for research and internships.
  • Strong alumni network and career support.
  • Rich cultural and academic environment in the city of Oxford.


University of Oxford Economics Rankings

Ranking Source
1st US News and World Report Ranking
2nd QS World University Rankings
3rd THE World University Rankings
4th ARWU Ranking


University of Oxford Economics Acceptance Rate

  • The acceptance rate for the Economics program at the University of Oxford is highly competitive, with only a small percentage of applicants being admitted each year.
  • Prospective students are encouraged to submit strong applications, including high academic scores and impressive extracurricular achievements.
  • Bachelor's Programs:
    • BA in Economics and Management: This program combines the study of economics with management, providing a comprehensive understanding of both fields.
    • BA in Philosophy, Politics, and Economics (PPE): A multidisciplinary program that integrates the study of economics with philosophy and politics.

  • Master's Programs:
    • MPhil in Economics: A research-focused program that prepares students for doctoral studies or careers in academia and research.
    • MSc in Financial Economics: This program provides advanced training in financial economics, preparing students for careers in finance and consulting.

Admission Requirements to Economics at University of Oxford UK

Admission to the Economics program at the University of Oxford is highly competitive and requires a strong academic background. Prospective students must demonstrate excellence in their previous studies and a keen interest in economics.

Entry Requirements:

    • University of Oxford Economics entrance exam.
    • University of Oxford Economics entry requirements.

Eligibility Criteria:
Applicants must have completed their previous education with high academic standing. They should have a strong background in mathematics and economics. Additionally, candidates must demonstrate proficiency in the English language through standardized tests such as IELTS or TOEFL.

International students must meet additional requirements, including visa eligibility and financial proof to support their studies.

Documents Required:

    • Academic transcripts: Official records of previous education.
    • Letters of recommendation: From teachers or professionals who can attest to the applicant's abilities.
    • Personal statement: A written essay detailing the applicant's interest in economics and their career goals.
    • Proof of English proficiency: Standardized test scores such as IELTS or TOEFL.

Proficiency Test:
Applicants must take standardized tests like IELTS or TOEFL to demonstrate their proficiency in the English language. These tests assess the applicant's reading, writing, speaking, and listening skills.

Visa Process:

    • Apply for a Tier 4 (General) student visa.
    • Provide proof of acceptance into the University of Oxford.
    • Submit financial documents showing the ability to cover tuition and living expenses.
    • Attend a visa interview, if required.


Cost of Economics at University of Oxford UK for Indian Students

Tuition Fees: The tuition fees for the Economics program at the University of Oxford vary depending on the specific course and level of study. On average, international students can expect to pay between £20,000 and £30,000 per year.

Cost of Living: The cost of living in Oxford is relatively high, with students needing to budget for accommodation, food, transportation, and other personal expenses. On average, students should plan to spend around £12,000 to £15,000 per year.

Expense Cost (per year)
Tuition Fees £20,000 - £30,000
Living Expenses £12,000 - £15,000


Scholarships at University of Oxford UK

The University of Oxford offers various scholarships to support international students in funding their education. These scholarships are awarded based on academic merit, financial need, and other criteria.

  • Rhodes Scholarship: One of the most prestigious scholarships, covering tuition and living expenses for international students.
  • Clarendon Fund: Offers fully funded scholarships for graduate students based on academic excellence.


Job Prospects for Economics at UK

Graduates of the Economics program at the University of Oxford have excellent job prospects in the UK and globally. They are highly sought after by employers in various industries, including finance, consulting, government, and academia.

Job Title Average Salary (per year)
Economist £40,000 - £60,000
Financial Analyst £45,000 - £70,000
Consultant £50,000 - £80,000


FAQs – Economics at University of Oxford UK

  1. Can I work while studying Economics at the University of Oxford?

    Yes, international students can work part-time while studying, but they must adhere to the visa regulations, which typically allow up to 20 hours of work per week during term time and full-time during vacations.

  2. What are the advantages of studying Economics at the University of Oxford?

    Studying Economics at Oxford provides access to world-class faculty, a rigorous curriculum, and numerous opportunities for research and professional development. Graduates are highly regarded by employers worldwide.

  3. What is the average salary for Economics graduates from the University of Oxford?

    The average salary for Economics graduates from Oxford varies depending on the job role and industry, but it typically ranges from £40,000 to £80,000 per year.

  4. How long is the Economics program at the University of Oxford?

    The duration of the Economics program at Oxford varies by degree. Bachelor's programs typically take three years to complete, while master's programs take one to two years.

  5. What exams are required for admission to the Economics program at Oxford?

    Applicants may need to take the University of Oxford Economics entrance exam and demonstrate proficiency in English through tests such as IELTS or TOEFL.

  6. What are some popular Economics courses at the University of Oxford UK?

    Popular courses include the BA in Economics and Management, BA in Philosophy, Politics, and Economics (PPE), MPhil in Economics, and MSc in Financial Economics.

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Manivannan Posted on 09/04/2024
  • Neha Answered on 09/04/2024

    To study MBA in the USA, you need to follow these steps: 1. Research and select the universities you want to apply to based on your preferences and eligibility. 2. Take the required exams such as GMAT or GRE, and TOEFL or IELTS if you are an international student. 3. Prepare a strong application package including transcripts, essays, letters of recommendation, and resume. 4. Apply to the universities of your choice following their application deadlines and instructions. 5. Upon acceptance, apply for a student visa and make necessary travel arrangements. Please note that the specific requirements and procedures may vary by university, so it is important to carefully review the information provided by each institution.

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