MSc Economics and Finance at King's College London [KCL], London Fees, Entry Requirement & Application Deadline

KCL MSc Economics and Finance Fees, Requirement, Application, Deadline.

London, EnglandLocation
UniversitySchool type
Estd1829established year
42736enrollment
Public
Partner [3 Courses]
7.8/10

Master of Science [MSc] (Economics and Finance)

1 year
Full Time
On Campus

₹53.7 L/Yr

£42,800 /Yr
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Collegedunia Team

Content Curator | Updated on - Apr 2, 2026

King's College London MSc Economics and Finance is a one-year full-time postgraduate programme delivered by King's Business School. The programme provides rigorous coverage of both the theory and practice of economics and finance, combining microeconomics, macroeconomics, financial markets and services, and econometrics. The curriculum is designed in collaboration with public and private sector employers, ensuring students gain knowledge and skills directly applicable to careers in banking, consulting, investment management, and policy institutions. The programme emphasizes data analysis and quantitative methods, equipping graduates with skills transferable across finance, consulting, e-commerce, pharmaceutical, media, and retail sectors.

International students pay £42,800 per year in tuition fees (approximately ₹52.87 Lakhs based on today's exchange rate). The programme requires a minimum high 2:1 (65%+) undergraduate degree in economics, finance, natural sciences, mathematics, or social science with quantitative background. The acceptance rate is competitive at 27% (1 in 4 applicants receive offers).

Current Admission Status:

  • Application deadline for September 2026 entry: 25 July 2026 (23:59 UK time / 04:29 IST, July 26)
  • Application status: OPEN
  • Course start date: September 2026
  • Application fee: £130 (non-refundable)
  • International deposit (if offered): £3,000 (credited towards tuition fees)

Why Study MSc Economics and Finance at King's College London

  • King's Business School ranks 63rd globally for Business and Economics (Times Higher Education 2026) and is located in London's financial hub with strong industry connections.
  • Employer-designed curriculum: Modules developed in collaboration with banks, consulting firms, and financial institutions, ensuring practical relevance and direct industry insights.
  • Strong placement outcomes: 90%+ of KCL graduates secure employment within 15 months; finance graduates typically earn £40,000-£65,000 starting salary.
  • Quantitative focus: Rigorous training in econometrics, financial analysis, and data interpretation—skills highly valued in finance, consulting, and policy sectors.
  • London location: Access to Europe's largest financial centre with proximity to major employers (Goldman Sachs, JPMorgan, Deloitte, EY, Accenture, Bank of England).
  • Flexible specialization: Choose optional modules in financial econometrics, international finance, behavioural finance, and advanced economics to tailor your career path.
  • Graduate Route visa: 2-year post-study work visa allows international graduates to work in any role without employer sponsorship, providing flexibility to secure permanent sponsorship or explore career options.

Tuition Fees for International Students

King's College London MSc Economics and Finance international tuition fees are competitive for a Russell Group institution with strong industry partnerships and research-led teaching.

All INR conversions based on GBP 1 = ₹123.60 INR as of April 2, 2026. Exchange rates are subject to change.

Fee Component Amount (GBP) Amount (INR)
Annual Tuition Fee (1 year) £42,800 ₹52.87 Lakhs
International Deposit (payable on offer acceptance) £3,000 ₹3.71 Lakhs
Application Fee (non-refundable) £130 ₹16,068

Key Fee Insights:

  • The international deposit of £3,000 is credited towards your total tuition fees when you enrol.
  • Deposit payment deadlines vary based on offer date: typically 2 months if offered before January, 1 month if offered January-May 20, 2 weeks if offered May 21-July 15, 1 week if offered July 16-August 10, and 3 days if offered from August 11 onwards.
  • Tuition fees are subject to annual increases in subsequent years of study, in line with King's terms and conditions.
  • No refund of application fee if the programme fills before the final deadline.

Additional Compulsory Costs (not included in tuition):

  • Books and course materials (optional purchase): £100-£300 (₹12,360-₹37,080)
  • Printing and stationery: £50-£100 (₹6,180-₹12,360)
  • Society membership fees: £20-£50 (₹2,472-₹6,180)
  • Graduation costs: £100-£150 (₹12,360-₹18,540)
  • Travel around London and between campuses: £50-£100 (₹6,180-₹12,360)

Cost of Living in London for International Students

London is the most expensive UK city for students. International postgraduate students typically budget £1,400-£2,000 per month for accommodation, food, transport, and social activities.

Accommodation Options in London

On-Campus Accommodation (King's College Residences):

Residence Type Weekly Cost (GBP) Monthly Cost (GBP) Monthly Cost (INR)
Standard Ensuite £200-£250 £800-£1,000 ₹98,880-₹1.236 Lakhs
Studio Flat £350-£420 £1,400-£1,680 ₹1.730-₹2.076 Lakhs
Shared House (off-campus KCL managed) £250-£350 £1,000-£1,400 ₹1.236-₹1.730 Lakhs

Off-Campus Private Accommodation (typical London rates):

Accommodation Type Monthly Cost (GBP) Monthly Cost (INR)
Studio/1-bed flat (zone 1-2) £900-£1,300 ₹1.112-₹1.607 Lakhs
Shared house (2-3 bed, zone 2-3) £600-£900 ₹74,160-₹1.112 Lakhs
Student halls (private providers) £700-£1,100 ₹86,520-₹1.360 Lakhs

Note: On-campus accommodation costs are NOT included in tuition fees and must be paid separately. Most international postgraduate students prefer on-campus halls for convenience and community, though some transition to shared private accommodation for cost savings.

Monthly Living Costs Breakdown (excluding accommodation):

Category Monthly Cost (GBP) Monthly Cost (INR)
Food & Groceries £150-£200 ₹18,540-₹24,720
Transport (Travelcard) £60-£80 ₹7,416-₹9,888
Books & Course Materials £30-£50 ₹3,708-₹6,180
Utilities (if not included) £40-£60 ₹4,944-₹7,416
Social & Personal £100-£150 ₹12,360-₹18,540
Total (excluding accommodation) £380-£540 ₹46,968-₹66,744

Part-Time Work Opportunities for International Students:

International students on UK Student visas can work up to 20 hours per week during term time and unlimited hours during holidays. The UK National Living Wage (April 2026) is £12.71 per hour for those aged 21+.

Common Part-Time Jobs for Economics and Finance Students:

  • Finance Intern/Analyst (bank/consulting firm): £14-£18/hour (10-15 hours/week during term = £1,400-£2,700/month during holidays = ₹1.730-₹3.337 Lakhs)
  • Retail/Hospitality (supermarkets, cafes): £12.71-£13.50/hour (15-20 hours/week = £1,905-£2,700/month = ₹2.356-₹3.337 Lakhs)
  • Tutoring (online or in-person, Economics/Finance): £15-£25/hour (10-15 hours/week = £1,500-£3,750/month = ₹1.854-₹4.635 Lakhs)
  • Library/University Support Staff: £12.71-£13.50/hour (10-15 hours/week = £1,271-£2,025/month = ₹1.572-₹2.503 Lakhs)
  • Research Assistant (university-based, data analysis): £13-£16/hour (8-12 hours/week = £1,040-£1,920/month = ₹1.286-₹2.373 Lakhs)

Budgeting Tip: Many international postgraduate students earn £2,000-£3,500 during summer holidays (8-10 weeks), offsetting 40-50% of annual living costs (₹2.472-₹4.326 Lakhs). Part-time work during term time is limited due to coursework and project deadlines.

Admission Requirements & Process

KCL MSc Economics and Finance receives approximately 1,000+ applications annually for roughly 270 offers (27% offer rate), with approximately 100-120 acceptances. The programme is competitive, particularly for international applicants.

Academic Eligibility:

  • Minimum high 2:1 (65%+) undergraduate Bachelor's (honours) degree in economics, finance, natural sciences, mathematics, or social science with quantitative background.
  • Lower degree classification: Applications with lower grades may be considered if you demonstrate significant relevant work experience or hold a related graduate qualification (Masters or PGDip).
  • Quantitative background: Evidence of strong mathematical and analytical skills is essential; applicants from sciences and engineering backgrounds are encouraged.
  • Work experience: Internships or professional experience in finance, banking, consulting, or economics strengthens applications significantly.

English Language Requirements (for international students from non-majority English-speaking countries):

  • IELTS (Academic): 7.0 overall with minimum 6.5 in reading and writing, 6.0 in listening and speaking
  • TOEFL iBT: 100 overall with minimum 24 in reading and writing, 23 in listening and speaking
  • PTE Academic: 69 overall with minimum 62 in all components
  • Cambridge English Advanced (CAE): Grade B or above

Waivers Available:

  • Nationals of majority English-speaking countries (as defined by UKVI) who have permanently resided in that country are exempt.
  • Applicants who completed an undergraduate degree (3+ years) or postgraduate degree (1+ year) in a majority English-speaking country within 5 years of course start are exempt.

Optional but Recommended:

  • GMAT: Score of 670+ (10th Edition) or 78%/615 (Focus Edition) strengthens application
  • GRE: Score of 324+ with 70-75% in verbal reasoning strengthens application

Admission Timeline & Key Dates:

Milestone Date IST Time
Applications open Ongoing (rolling admissions) -
Application deadline (International) 25 July 2026 04:29 IST, July 26
Application deadline (Home) 25 August 2026 04:29 IST, August 26
Course start date September 2026 -
Course end date September 2027 -

Admission Process (Step-by-Step):

  1. Create an account on King's Apply (admissions portal) and complete the online application form.
  2. Submit required documents: official academic transcripts, degree certificate (if completed), one academic reference, personal statement (max 4,000 characters or 2 pages).
  3. Optional: Submit GMAT/GRE scores, CV, and evidence of professional registration.
  4. Pay non-refundable application fee of £130 (₹16,068).
  5. KCL reviews applications holistically, considering academic achievement, personal statement, reference, work experience, and test scores.
  6. Due to high volume, some applicants meeting advertised requirements may receive decisions after February (gathered-field approach).
  7. Receive conditional or unconditional offer via King's Apply.
  8. Accept offer and pay £3,000 deposit (₹3.71 Lakhs) to secure place.
  9. Receive visa sponsorship letter (Confirmation of Acceptance for Studies - CAS) for Student visa application.
  10. Apply for UK Student visa and arrange accommodation.
  11. Enrol and begin course in September 2026.

Personal Statement Requirements:

  • Maximum 4,000 characters or 2 pages
  • Address: Why you're applying for this specific programme, how it fits your career goals, and what you hope to contribute to the economics and finance community

English Language Requirements for International Students

King's College London requires all international applicants from non-majority English-speaking countries to demonstrate English language proficiency at Band B level (equivalent to IELTS 7.0).

Accepted English Language Tests:

  • IELTS (Academic): 7.0 overall with minimum 6.5 in reading and writing, 6.0 in listening and speaking
  • TOEFL iBT: 100 overall with minimum 24 in reading and writing, 23 in listening and speaking
  • PTE Academic: 69 overall with minimum 62 in all components
  • Cambridge English Advanced (CAE): Grade B or above

Waivers Available:

  • Nationals of majority English-speaking countries (as defined by UKVI) who have permanently resided in that country are exempt.
  • Applicants who completed an undergraduate degree (3+ years), postgraduate degree (1+ year), or PhD in a majority English-speaking country within 5 years of course start are exempt.

Timeline: English language test results must be submitted with your application by the final deadline (25 July 2026 for international applicants). Results are typically valid for 2 years from test date.

King's College London Business and Economics Ranking

King's Business School ranks competitively in international rankings, reflecting its research output, teaching quality, and graduate employability.

Ranking Body Year Global Rank UK Rank Subject Area
Times Higher Education (THE) 2026 63rd - Business and Economics
QS World University Rankings 2026 31st 5th Overall University
Times Higher Education Graduate Employability 2025 - 6th Overall (all subjects)

Note: King's Business School's strong ranking reflects the institution's reputation for research-led teaching, industry partnerships, and graduate outcomes. The MSc Economics and Finance programme benefits from this institutional strength and employer recognition.

Scholarships for International Students Studying MSc Economics and Finance at King's College London

King's Business School offers a generous portfolio of scholarships for international postgraduate students, including dedicated funding for economics and finance programmes.

Available Scholarships & Funding:

Scholarship Name Amount (GBP) Amount (INR) Eligibility Application Deadline
Future Financial Leaders Up to £10,000 Up to ₹1.236 Lakhs International postgraduate students in Finance/Economics programmes demonstrating passion for finance and economics Integrated with application process
Partial Tuition Scholarships Up to 50% tuition fees Up to ₹26.44 Lakhs International postgraduate students (merit-based, limited availability) Integrated with application process
International Hardship Fund £500-£3,000 ₹61,800-₹3.71 Lakhs Current international students experiencing unforeseen financial hardship Rolling basis (apply when needed)
External Funding (India-specific) Varies Varies Indian students may access scholarships from Indian government schemes, private foundations, or employer sponsorship Varies

Key Insights:

  • Future Financial Leaders Scholarship: Specifically targets students in Finance and Economics programmes; rewards academic excellence and demonstrated passion for finance careers. Up to £10,000 (₹1.236 Lakhs) tuition fee reduction.
  • Partial Tuition Scholarships: King's Business School offers scholarships covering up to 50% of international tuition fees (up to ₹26.44 Lakhs) for outstanding applicants; highly competitive and merit-based.
  • International Hardship Fund: Available to current students facing unexpected financial difficulties (e.g., currency fluctuations, family emergencies).
  • Indian students: Should explore external funding: ICCR (Indian Council for Cultural Relations) scholarships, state government schemes, or employer-sponsored study leave.
  • Education loans: Many international postgraduate students self-fund or use education loans from Indian banks (HDFC, ICICI, Axis offer education loans up to ₹1 Crore for UK postgraduate degrees).

Placement Data & Job Outcomes for MSc Economics and Finance Graduates

KCL MSc Economics and Finance graduates achieve strong employment outcomes, with the vast majority securing finance, consulting, or economics roles within 6 months of graduation.

Outcome Metric Data Source
KCL graduates in highly-skilled employment (15 months post-graduation) 90%+ HESA Graduate Outcomes Survey
Economics/Finance graduates securing employment 85-90% KCL internal data
Average starting salary (Finance Analyst/Economist role) £40,000-£65,000/year Robert Walters, Glassdoor 2026
Average starting salary (INR) ₹49.44-₹80.34 Lakhs/year Based on GBP 1 = ₹123.60 INR
Mid-level salary (3-5 years experience) £55,000-£70,000/year Morgan McKinley 2026
Mid-level salary (INR) ₹67.98-₹86.52 Lakhs/year Based on GBP 1 = ₹123.60 INR
Senior salary (5-8 years experience) £80,000-£120,000+/year Robert Walters 2026
Senior salary (INR) ₹98.88-₹1.483 Crores+/year Based on GBP 1 = ₹123.60 INR

Graduate Outcomes by Career Path:

  • Investment Banking/Finance: Starting salary £50,000-£80,000 (₹61.80-₹98.88 Lakhs); roles at Goldman Sachs, JPMorgan, Barclays, HSBC, Citi.
  • Consulting: Starting salary £45,000-£65,000 (₹55.62-₹80.34 Lakhs); roles at Deloitte, EY, Accenture, McKinsey, BCG.
  • Economics/Policy: Starting salary £35,000-£50,000 (₹43.26-₹61.80 Lakhs); roles at Bank of England, HM Treasury, OECD, World Bank, IMF.
  • Corporate Finance: Starting salary £40,000-£60,000 (₹49.44-₹74.16 Lakhs); roles in corporate finance, FP&A, treasury departments.
  • Further Study: Some graduates pursue PhDs or specialised postgraduate qualifications in finance, economics, or business.

Visa Pathway for International Graduates:

  • Graduate Route visa: 2-year post-study work visa allows international graduates to work in any role without employer sponsorship.
  • Skilled Worker visa: After 2 years on Graduate Route, eligible graduates can transition to Skilled Worker visa sponsorship if employer offers role meeting salary threshold (£33,400+ minimum for new entrants = ₹41.31 Lakhs+).
  • Finance roles typically exceed salary thresholds, making sponsorship realistic for mid-level positions.

Return on Investment for MSc Economics and Finance (Indian Students)

The KCL MSc Economics and Finance represents a significant financial investment for Indian families, but offers strong long-term returns through UK finance employment, international career mobility, and earning potential.

Total Programme Cost (1 year):

  • Tuition fees: £42,800 (₹52.87 Lakhs)
  • Accommodation: £10,000-£15,000 (₹12.36-₹18.54 Lakhs)
  • Living costs: £4,560-£6,480 (₹5.64-₹8.01 Lakhs)
  • Health insurance (IHS): £776 (₹95,961)
  • Visa costs (Student visa): £719 (₹88,968)
  • Total estimated cost: £58,855-£65,775 (₹72.78-₹81.36 Lakhs)

Salary Progression (UK Finance Career):

  • Graduate/Entry-level (0-1 year): £40,000-£55,000/year (₹49.44-₹67.98 Lakhs)
  • Junior Analyst (1-2 years): £50,000-£65,000/year (₹61.80-₹80.34 Lakhs)
  • Mid-level (3-5 years): £55,000-£70,000/year (₹67.98-₹86.52 Lakhs)
  • Senior/Manager (5-8 years): £80,000-£120,000/year (₹98.88-₹1.483 Crores)
  • Director/VP (8+ years): £120,000-£200,000+/year (₹1.483-₹2.472 Crores+)

ROI Calculation:

Metric Value
Total 1-year investment ₹72.78-₹81.36 Lakhs
Entry-level salary (Year 1 post-graduation) ₹49.44-₹67.98 Lakhs
Cumulative earnings (Years 1-5, average £55,000/year) ₹3.37 Crores
Break-even period 1.5-2 years post-graduation
10-year cumulative earnings (post-graduation, average £70,000/year) ₹8.65 Crores
20-year cumulative earnings (post-graduation, average £100,000/year) ₹12.36+ Crores

Long-Term Career Benefits:

  • UK Finance Hub Access: London is Europe's largest financial centre with thousands of finance roles at competitive salaries; earning potential significantly exceeds India-based roles.
  • International Mobility: KCL's reputation opens doors to finance roles in US, Canada, Australia, and EU (with visa sponsorship or local hiring).
  • Skill Development: Rigorous training in econometrics, financial analysis, and quantitative methods builds expertise highly valued in global finance.
  • Graduate Route Visa: 2-year post-study work visa allows international graduates to secure permanent sponsorship or explore career options without time pressure.
  • Career Progression: Finance professionals in UK typically progress to senior/manager roles within 5-8 years, with earning potential reaching ₹1.483+ Crores annually.
  • Consulting/Policy Opportunities: Economics background enables transitions to consulting, policy institutions, or international organisations (World Bank, IMF, OECD).

Realistic Timeline to ROI: Most international economics and finance graduates break even on their investment within 1.5-2 years of starting their first role, after which cumulative earnings significantly exceed total programme costs. By Year 5 post-graduation (mid-level analyst/manager), cumulative earnings typically exceed ₹3.37 Crores, representing a strong return on the initial ₹72.78-81.36 Lakh investment.

King's College London MSc Economics and Finance is one of the UK's most competitive and prestigious economics and finance programmes, offering world-class teaching from leading experts in King's Business School. The one-year integrated curriculum combines theoretical foundations in economics and finance with hands-on quantitative analysis, including industry partnerships with major financial institutions.

For Indian students, the programme represents a significant financial commitment (₹72.78-81.36 Lakhs total cost) but offers strong long-term returns through UK finance employment, international career mobility, and earning potential reaching ₹1.483+ Crores annually as a senior professional. The 2-year Graduate Route visa post-study provides flexibility to secure permanent sponsorship or explore career options without time pressure.

International applicants must meet rigorous academic standards (high 2:1 in quantitative discipline, strong analytical skills) and demonstrate clear career motivation through personal statements. The 27% acceptance rate reflects intense competition; early application and strong supporting documents are essential.

Frequently Asked Questions

Ques: Can I secure visa sponsorship after completing the MSc Economics and Finance at KCL?

Ans: Yes, international graduates are eligible for the 2-year Graduate Route visa, which allows you to work in any role without employer sponsorship. After 2 years on Graduate Route, you can transition to Skilled Worker visa sponsorship if your employer offers a role meeting the salary threshold (£33,400+ minimum for new entrants = ₹41.31 Lakhs+, though finance roles typically exceed this). Finance and consulting roles are in high demand and frequently sponsored; major employers (Goldman Sachs, JPMorgan, Deloitte, EY) actively sponsor economics and finance graduates. However, securing sponsorship depends on job market conditions, your skills, and employer willingness to sponsor.

Ques: What is the acceptance rate for KCL MSc Economics and Finance, and how competitive is it for Indian applicants?

Ans: The MSc Economics and Finance has a 27% acceptance rate (1 in 4 applicants receive offers), making it a competitive programme. International applicants face similar academic standards as UK applicants but may face additional competition due to higher application volumes from India and other countries. To strengthen your application: achieve a high 2:1 (65%+) in a quantitative discipline, demonstrate strong analytical skills, provide a compelling personal statement linking your experience to finance/economics career goals, secure a strong academic reference, and consider submitting GMAT/GRE scores (670+ GMAT or 324+ GRE significantly strengthens applications). Work experience in finance, banking, consulting, or economics substantially improves competitiveness.

Ques: Is the MSc Economics and Finance worth the cost (£42,800 / ₹52.87 Lakhs) for international students, especially from India?

Ans: The MSc Economics and Finance offers strong ROI for Indian students: total cost is approximately ₹72.78-81.36 Lakhs, but entry-level salaries in UK finance are £40,000-£55,000 (₹49.44-₹67.98 Lakhs), with break-even achieved within 1.5-2 years. By Year 5, cumulative earnings exceed ₹3.37 Crores, representing a 4-5x return on investment. However, ROI depends on: (1) securing employment in UK/international finance roles (not all graduates succeed immediately), (2) career progression (some graduates plateau at mid-level roles), (3) visa sponsorship availability (post-2-year Graduate Route). If you plan to return to India immediately after graduation, ROI is lower. If you leverage the 2-year Graduate Route to build UK experience and secure sponsorship, ROI is strong.


Important Alert

  • Final Application Deadline For September 2026 Intake - Jul 25, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees₹5371828 (GBP 42800)

Other Expenses

HeadAvg Cost Per Year
Living Expenses₹2611612 (GBP 20808)
Total Cost₹2611612 (GBP 20808)

Previous Year Tuition Fees

Year1st Year Fees
2024₹4744278 (GBP 37800)
2023₹4423474 (GBP 35244)
2021₹5429939 (GBP 43263)

Important Dates

EventApplication Date
First Application Deadline For September 2026 Intake Mar 9, 2026
Final Application Deadline For September 2026 Intake Jul 25, 2026

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28 Reviews Found

My university is known for the efficient and learned staff along with the unique body of researches conducted at the institute. It is known as the best for finance courses and industry exposure programmes. Hence, this was the main point that attracted me to select this university and gain profound knowledge.

academic: 10/10
faculty: 9/10
infrastructure: 10/10
accomodation: 9/10
placement: 6/10
extracurricular: 8/10

Scores Required

7.0 / 9

Avg. Score in

IELTS

5.0 / 6

Avg. Score in

TOEFL

69 / 90

Avg. Score in

PTE

324 / 1600

Avg. Score in

GRE

670 / 799

Avg. Score in

GMAT

130

Application Fees

180

ECTS Credits


Ranking

202520242023202220212020201920182017

QS World University logo
Economics 114 out of 700 in Global Ranking
( #12 out of 63 in UK 2025)

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TOP Scholarships

Scholarship nameAward amountEligibility
Commonwealth Master’s ScholarshipsFull Tuition feesHave a degree of at least an average of 60%.
Postgraduate scholarships (King's Business School)50% tuition fees, and others are worth up to £10,000You must have a full-time master's course offer from King's Business School.



Comments


Found 1 Comment

A
avinash mamidala
Dec 22, 2022 08:57
Currently I'm in 12th and i would like to get into king's College London M.B.B.S . Do i need an undergraduate degree for applying in university
S
Sinbad Chongtham
Dec 28, 2022 16:46

Indian  students seeking admission in the MBBS program of King’s Londo College must have passed Class XII examination with at least 90% marks from CBSE and CISCE boards only. You must also take UCAT in order to get admission in this program.


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