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MSc - Master of Science
University of Oxford
Full Time
SEP-25
9 months
Select a course option
MSc - Master of Science
University of Oxford
Full Time
SEP-25
9 months
Select a an exam type
About the course
This is a nine-month degree in development economics with a strong emphasis on bringing methods of modern economic analysis to economic development theory and policy. The course will prepare you for further academic research or for work as a professional development economist in international agencies, governments or the private sector.
Course objectives
The course seeks to cultivate the analytical and critical skills relevant to economic development, in particular those needed to assess alternative approaches to policy. It provides the rigorous quantitative training that development work now requires, helping you develop the ability to access, process and interpret a variety of data. It aims to provide the research tools and approaches needed for those who wish to proceed to doctoral research in development economics.
Teaching and learning
The course is taught through lectures and classes and, for the development modules, student presentations. The quantitative methods course also includes hands-on training in the use of specialist statistical software. Class sizes are small – usually between 5 and 30 students – encouraging active participation and enabling students to learn from each other.
During the course you will be required to complete a number of problem sets and write essays for individual supervisors (the tutorial system). This system is used to build critical and analytical skills and is particularly beneficial to students from a different background of instruction.
Assessment
On-course assessment, which will not count towards your final degree, will be provided through feedback on problem sets and essays. In addition there will be five informal examinations during the year. Again, these will not count towards your final degree but they will provide an invaluable opportunity to assess your progress and for you to practise exam technique.
The degree is formally assessed through examination at the end of the summer term. This comprises four written papers. microeconomic theory, macroeconomic theory and international trade, quantitative methods, and development economics.
Graduate destinations
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 Department for International Development. Many others work in the international NGO sector and for major consultancies. Read more about the kinds of careers the department’s students pursue on the ODID Alumni page.
‘The MSc provided me with the technical skills and professional confidence to contribute within international development, plus a network of colleagues from diverse backgrounds dedicated to improving the lives of people around the world.’ (Joevas Asare, graduated 2015)
‘This MSc programme is unique not only because of its structure and teaching approach but also because of its student diversity, which makes the learning experience truly exceptional.’ -- Claudia-Dominique Geiser, graduated 2018.
As a minimum, applicants should hold or be predicted to achieve the equivalent of 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. If your first degree contains too little economics for the MSc, but you nonetheless wish to study development at Oxford, you may wish to consider the two-year MPhil in Economics or the two-year MPhil in Development Studies. For applicants with a degree from the USA, the minimum GPA normally sought is 3.8 out of 4.0.
Students living in
Domestic
£30,210 per year
Students from Domestic
This is the fee you pay if the University is in the same country that you live in (England, Scotland, Wales, Northern Ireland)
£38,410 per year
Students from EU
The amount you'll pay if you come to study here from somewhere in the EU.
£38,410 per year
Students from International
The amount you'll pay if you come to study here from a country outside the EU.