Cambridge Master of Philosophy Economics Fees, Requirement, Application, Deadline 2026.

University of Cambridge MPhil Economics is a one-year, full-time advanced research-focused master's degree programme running from early September to late June. The programme is ranked 5th globally for Economics and Econometrics (QS 2026) and 6th in Business and Economics (Times Higher Education 2026), offering rigorous training in microeconomics, macroeconomics, and econometrics. Cambridge MPhil Economics attracts approximately 42% international students from diverse countries, with an average cohort of 69-82 students, creating a highly selective and intellectually rigorous learning environment.

GBP 40,098 per year in tuition fees (approximately ₹49.92 Lakhs based on GBP 1 = ₹124.46 as of 1 April 2026), with total cost of attendance estimated at GBP 55,000-GBP 60,000 (approximately ₹68.45-74.68 Lakhs) including housing, meals, and living expenses. Cambridge MPhil Economics graduates achieve strong career outcomes with median starting salary of GBP 50,000-GBP 70,000 (approximately ₹62.23-87.12 Lakhs) in finance, consulting, and research roles, with 70% progressing to PhD programmes at leading universities globally.

Current Admission Status:

Application deadline for September 2026 entry: 18 November 2025 (PASSED - applications now closed for this intake).

For September 2027 entry: Applications open 11 September 2026, with rolling deadlines. Early deadline: 18 November 2026 (decisions by end of February 2027).

Why Study MPhil Economics at Cambridge University

• 5th ranked globally for Economics and Econometrics (QS 2026) and 6th in Business and Economics (Times Higher Education 2026), with world-leading faculty and research.
• Research-focused curriculum: Intensive training in advanced microeconomics, macroeconomics, and econometrics with emphasis on research methodology and independent study.
• 42% international cohort: Study alongside talented economists from diverse countries, creating global perspectives and international professional networks.
• PhD pathway: 70% of graduates progress to PhD programmes at Cambridge, Oxford, LSE, MIT, Harvard, and other leading universities globally.
• Strong career outcomes: Median salary GBP 50,000-GBP 70,000 (₹62.23-87.12 Lakhs) in finance, consulting, research, and policy roles; 95%+ employment rate.

Cambridge MPhil Economics Tuition Fees 2026-2027

The tuition fee for Cambridge MPhil Economics is GBP 40,098 per year for international students (2026-27 entry).

All INR conversions based on GBP 1 = ₹124.46 as of 1 April 2026. Exchange rates are subject to change.

Key Fee Information:

• One-year programme: MPhil Economics is completed in 9 months (September to June) with intensive coursework and research project.
• College fees vary: Each college sets independent fees ranging from GBP 5,000-GBP 7,000 (₹6.22-8.71 Lakhs). College fees are additional to University Composition Fee.
• Cost of attendance includes: University tuition, college fees, accommodation (GBP 895-GBP 1,200/month), meals, books, and personal expenses.
• Additional costs not included: Health insurance (approximately GBP 500-GBP 800/year); Visa application fees; Personal transportation.

MPhil Economics Curriculum and Structure

Core Modules (Compulsory)

Three core modules:

• E100 - Microeconomics: Advanced microeconomic theory, consumer theory, producer theory, market structures
• E200 - Principles of Macroeconomics I: Macroeconomic theory, growth models, business cycles, monetary policy
• E300 - Econometric Methods: Statistical methods, regression analysis, time series analysis, causal inference

Elective Modules (Choose 2-3)

Specialist options include:

• Banking and Finance
• Public Economics
• International Economics
• Labour Economics
• Industrial Organization
• Development Economics
• Environmental Economics
• Political Economy

Research Project

• Dissertation (40 credits): Independent research project on economics topic of choice, supervised by faculty member
• Typically 10,000-15,000 words
• Develops research skills essential for PhD progression

Return on Investment

Total 1-year cost: GBP 55,000-GBP 60,000 (approximately ₹68.45-74.68 Lakhs).

Salary progression (for those entering employment):

• Year 1 (post-graduation): GBP 50,000-GBP 70,000 (₹62.23-87.12 Lakhs)
• Year 3-5: GBP 80,000-GBP 120,000 (₹99.57-1.49 Crores)
• Break-even period: 1-2 years

Long-term benefits (especially for PhD pathway):

• Access to Cambridge's extensive alumni network globally (200,000+ alumni)
• Strong foundation for academic career in economics
• PhD progression: 70% of graduates pursue doctoral studies at top universities
• Career flexibility across academia, finance, consulting, government, and international organizations
• Visa pathway: Student visa during studies; Skilled Worker visa sponsorship post-graduation for qualifying roles

Cambridge MPhil Economics offers exceptional value for international students seeking world-class advanced economics education. As the 5th ranked economics programme globally (QS 2026) and 2nd in the UK, it provides access to leading faculty, cutting-edge research, and unparalleled networking opportunities. The one-year intensive programme, combined with 42% international cohort and strong career outcomes (95%+ employment, 70% PhD progression, median salary GBP 50,000-GBP 70,000 or ₹62.23-87.12 Lakhs), creates compelling ROI. The total investment of GBP 55,000-GBP 60,000 (₹68.45-74.68 Lakhs) is justified by career acceleration, global recognition, and professional networking. For Indian students committed to economics research, PhD studies, or careers in finance, consulting, and policy, Cambridge MPhil Economics represents one of the most prestigious and career-defining investments available.