MSc in Economics for Development

at University of Oxford

You will take courses in economic theory (split between macroeconomics, microeconomics and international trade), a course in quantitative methods (ie econometrics) and a series of elective modules in development economics. Topics vary from year to year. In recent years, modules have covered topics such as agriculture, political economy and institutions, globalisation, macro-finance, risk and microfinance. Students typically follow four or five out of eight modules offered.

A central component of the course is a dissertation written on a subject which you choose in consultation with your supervisor and with the agreement of your Course Director. 

Proven and potential academic excellence

Degree-level qualifications

As a minimum, applicants should hold or be predicted to achieve the following UK qualifications or their equivalent:
 

• a first-class or a very strong upper second-class undergraduate degree with honours in economics.

However, entrance to the course is very competitive and most successful applicants have a first-class degree or the equivalent.

Applicants whose first degree contains little or no economics cannot be considered for this course. The minimum requirement is the equivalent of two years of full-time study at university level of economics courses (please note that courses in finance, planning, business, management and other similar subjects do not count as economics courses). Some mathematical and quantitative ability is essential for this course.

For applicants with a degree from the USA, the minimum GPA normally sought is 3.8 out of 4.0.

GRE General Test scores

You must submit a recent Graduate Record Examination (GRE) score. There is no specified minimum GRE score, and these scores are only used to provide useful comparative information in the admissions process, especially for students coming from non-UK institutions.

Other qualifications, evidence of excellence and relevant experience
 

• Relevant experience in developing countries is desirable but is not at all essential.

• An ability to work both independently and in groups is essential.

• Publications are not expected or required for admission, but any can be listed on the CV. 

English language proficiency

Minimum scores required to meet the University's higher level requirement

IELTS Academic

 7.5  

TOEFL iBT, including the 'Home Edition'

110

Home    
£25,760

Overseas    
£32,760

Approximately one third of MSc graduates proceed to doctoral research in economics, usually two to three in Oxford, either immediately or after work experience in the field. Significant numbers are also now working in the major international financial institutions such as the World Bank, the IMF and the UN system, as well as in the UK’s Foreign, Commonwealth & Development Office. Many others work in the international NGO sector and for major consultancies.