MPhil in Economic Research

11 Months On Campus Masters Program

University of Cambridge

Program Overview

The MPhil in Economic Research at the University of Cambridge is a one-year, full-time master's program offered by the Faculty of Economics. Designed primarily for students aiming to pursue a PhD in economics, the program provides a comprehensive foundation in economic theory and quantitative methods. Students engage in rigorous coursework covering core areas such as microeconomics, macroeconomics, and econometrics, and are required to undertake an independent research project culminating in a dissertation. This structure ensures that graduates are well-prepared for advanced academic research and contribute meaningfully to the field of economics. 

The program emphasizes the development of analytical and critical thinking skills, encouraging students to engage deeply with economic concepts and methodologies. Through a combination of lectures, seminars, and individual research, students are trained to approach economic problems systematically and to communicate their findings effectively. The MPhil in Economic Research is recognized for its rigorous academic environment and its role in preparing students for doctoral studies and research careers in economics.

Experiential Learning (Research, Projects, Internships etc.)

Experiential learning in the MPhil in Economic Research program is centered around the dissertation, which constitutes a significant portion of the curriculum. This independent research project allows students to apply theoretical knowledge to real-world economic issues, fostering a deeper understanding of the subject matter. Throughout the dissertation process, students receive guidance from faculty members, enabling them to refine their research questions, develop appropriate methodologies, and analyze data effectively.

In addition to the dissertation, students participate in seminars and workshops that facilitate the exchange of ideas and the development of research skills. These sessions provide opportunities for students to present their research findings, receive feedback from peers and faculty, and engage in discussions that enhance their analytical abilities. The program's emphasis on independent research, coupled with supportive academic mentorship, ensures that students gain practical experience in conducting economic research and are well-equipped for future academic endeavors.

Progression & Future Opportunities

The MPhil in Economic Research program opens doors to a wide range of career opportunities in both academia and industry. In academia, graduates often pursue PhD programs, leading to careers as university professors or researchers at academic institutions. In the public sector, alumni work in government departments, central banks, and international organizations, where they conduct economic analyses and contribute to policy development.

In the private sector, MPhil graduates find roles in consulting firms, financial institutions, and research organizations, applying their expertise to solve complex economic problems and inform business strategies. The program's strong emphasis on quantitative analysis, econometrics, and independent research equips graduates with the skills necessary to excel in these diverse career paths. Additionally, the University of Cambridge's extensive alumni network provides valuable connections and opportunities for professional development.

Program Key Stats

£40665 (Annual cost)



21 %

Eligibility Criteria

3 Year

N/A
185
N/A
193
7.0
25
First or 1st
1470
32

Additional Information & Requirements

Career Options

  • The MPhil in Economic Research program opens doors to a wide range of career opportunities in both academia and industry
  • In academia
  • graduates often pursue PhD programs
  • leading to careers as university professors or researchers at academic institutions
  • In the public sector
  • alumni work in government departments
  • central banks
  • and international organizations
  • where they conduct economic analyses and contribute to policy development
  • In the private sector
  • MPhil graduates find roles in consulting firms
  • financial institutions
  • and research organizations
  • applying their expertise to solve complex economic problems and inform business strategies
  • The program's strong emphasis on quantitative analysis
  • econometrics
  • and independent research equips graduates with the skills necessary to excel in these diverse career paths
  • Additionally
  • the University of Cambridge's extensive alumni network provides valuable connections and opportunities for professional development

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