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🇬🇧 Usually 12 months · September/October

Masters in Economics in the UK

A master's in Economics covers micro and macro theory, econometrics and applied fields such as development, finance and policy. Here is how studying it in the UK works for Indian students — universities and costs in rupees, eligibility, careers and work rights.

  • 11 universities compared
  • From ₹49 lakh – ₹58 lakh
  • Intakes: September/October
  • Post-study work

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Quick answer

Masters in Economics in the UK: what does it cost and is it worth it?

A master's in Economics in the UK usually takes usually 12 months. On our list, 11 universities offer it, with total costs from ₹49 lakh – ₹58 lakh (Essex) to ₹59 lakh – ₹99 lakh (Cambridge). After graduating: graduate Route: 2 years (3 for PhD); reducing to 18 months from January 2027.

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Official sources: GOV.UK — Student visa

Masters in Economics in the UK at a glance

Duration
Usually 12 months
Tuition (international)
≈ £15,000 – £40,000 per year
Living costs
£1,529/month in London, £1,171/month elsewhere (visa funds, up to 9 months)
Typical budget
₹25–45 lakh for a 1-year master's
Intakes
September/October, January/February, some May
English tests
IELTS (Academic or UKVI), PTE, TOEFL or Duolingo as accepted by the university
GRE / GMAT
GRE/GMAT is rarely required except for some business and finance programs
Post-study work
Graduate Route: 2 years (3 for PhD); reducing to 18 months from January 2027

Overview

Why study Economics in the UK?

A master's in Economics covers micro and macro theory, econometrics and applied fields such as development, finance and policy.

UK offers one-year master's keeps total cost and time abroad low, globally recognised universities with clear entry requirements and graduate Route work visa after your degree.

Universities

Universities for Economics in the UK

Sorted by total cost for the whole program, in rupees.

Universities for Economics in the UK
UniversityCityTuition a yearTotal in ₹
EssexColchester£22,000 – £28,000₹49 lakh – ₹58 lakh
YorkYork£24,000 – £30,000₹51 lakh – ₹60 lakh
ExeterExeter£25,000 – £32,000₹53 lakh – ₹63 lakh
SOASLondon£22,000 – £28,000₹54 lakh – ₹63 lakh
DurhamDurham£26,000 – £33,000₹54 lakh – ₹64 lakh
WarwickCoventry£25,000 – £38,000₹53 lakh – ₹71 lakh
Queen MaryLondon£25,000 – £32,000₹58 lakh – ₹68 lakh
EdinburghEdinburgh£28,000 – £38,000₹56 lakh – ₹71 lakh
LSELondon£28,000 – £40,000₹62 lakh – ₹79 lakh
OxfordOxford£30,000 – £50,000₹59 lakh – ₹86 lakh
CambridgeCambridge£30,000 – £60,000₹59 lakh – ₹99 lakh

Specialisations

Popular Economics specialisations

Econometrics

Offered as a track or elective set at many universities in the UK.

Development Economics

Offered as a track or elective set at many universities in the UK.

Financial Economics

Offered as a track or elective set at many universities in the UK.

Public Policy

Offered as a track or elective set at many universities in the UK.

Behavioural Economics

Offered as a track or elective set at many universities in the UK.

Eligibility

Entry requirements

Usual expectations — each university sets its own minimums.

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  • Bachelor's: BA/B.Sc in Economics
  • Bachelor's: B.Sc in Maths or Statistics
  • Bachelor's: B.Tech/B.Com with strong maths
  • Prerequisite: Calculus
  • Prerequisite: Statistics
  • Prerequisite: Intermediate micro and macro economics
  • English: IELTS (Academic or UKVI), PTE, TOEFL or Duolingo as accepted by the university
  • GRE/GMAT: GRE/GMAT is rarely required except for some business and finance programs

Careers

Careers after Economics in the UK

Careers after Economics in the UK
Common rolesSkills employers look for
Economic AnalystEconometrics
Data / Research AnalystStata / R / Python
Policy AnalystPolicy analysis
ConsultantResearch writing
Quantitative ResearcherEconometrics

FAQs

Frequently asked questions

Still have a question?

Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).

It can be, if cost, university and career plan line up. UK offers one-year master's keeps total cost and time abroad low. Typical roles afterwards include Economic Analyst, Data / Research Analyst and Policy Analyst.

On our list: Essex, York, Exeter, SOAS, Durham and Warwick and 5 more.

From ₹49 lakh – ₹58 lakh at Essex up to ₹59 lakh – ₹99 lakh, including living and one-time costs.

Most universities accept BA/B.Sc in Economics, b.Sc in Maths or Statistics and b.Tech/B.Com with strong maths, with calculus, statistics and intermediate micro and macro economics, plus IELTS (Academic or UKVI), PTE, TOEFL or Duolingo as accepted by the university.

Graduate Route: 2 years (3 for PhD); reducing to 18 months from January 2027. During your studies: up to 20 hours/week in term for degree-level study.

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