MPhil + DPhil in Economics at University of Oxford

Programme overview

An integrated, fully funded taught and research course that begins with a two-year MPhil in Economics and, subject to satisfactory performance, progresses automatically to the DPhil. The structure is similar to the five-year integrated PhD at leading economics graduate schools worldwide.

Duration: 2 years (MPhil component) + 3 years (DPhil component); DPhil stated as three to four years | Intake: 27 September 2027; application deadline 12:00 midday UK time, Tuesday 26 January 2027 | Study mode: full-time | Location: Oxford, England, United Kingdom

What you will study

The MPhil starts with a non-examined mathematical methods preparatory course, then compulsory courses in microeconomics, macroeconomics and econometrics in the first two terms, and a choice of Empirical Research Methods and Further Mathematics Methods in the third term. Year two has four option courses and a thesis. The DPhil begins with Probationer Research Student status, possibly with additional MPhil courses, and focuses on original research in specialised fields.

Career pathways

Most DPhil graduates take tenure-track or postdoctoral positions in academia; others work in government, international organisations or the private sector.

Official programme page

Application information

Entry requirements

A first-class or strong upper second-class undergraduate degree with honours in economics, with strong quantitative preparation; applicants with a first degree in a related discipline must show how their background prepares them for graduate economics. US bachelor's degree: minimum GPA normally 3.6 out of 4.0. Applicants without a UK or Republic of Ireland degree must submit a GRE General Test result from the last five years (most successful applicants have Verbal 160, Quantitative 164, Analytical 4.5). Working knowledge of one programming language is expected at the start of the MPhil. Publications are not expected. Interviews are not normally held. Three referees are required. Supporting documents are required with the application. English language (higher level, for applicants whose first language is not English): IELTS Academic 7.5 overall with at least 7.0 in each component; TOEFL iBT 110 (Listening 22, Reading 24, Speaking 25, Writing 24; TOEFL tests taken from 21 January 2026 are not accepted until a review of the revised test is complete); C1 Advanced or C2 Proficiency 191 overall and 185 per component; Oxford Test of English Advanced 165 overall and 155 per component. Tests must be taken no more than two years before the course start.

Domestic applicants: GBP 29,130 a year (2027/28). Home fee, MPhil in Economics first year (full-time); the first two years are charged at the MPhil rate Source

International applicants: GBP 34,850 a year (2027/28). Overseas fee, MPhil in Economics first year (full-time); the first two years are charged at the MPhil rate Source

Intake: 27 September 2027

Duration: 2 years (MPhil component) + 3 years (DPhil component) full-time

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