Scholarship Overview

Chevening Scholarships is awarded for pursuing MSc in Financial Economics at University of Oxford. A student can get a maximum amount of GBP 48670 and the scholarship amount will be given one time only. The scholarship amount can be used for paying tuition, travel, airfare and others. To be eligible for the award, applicants must have completed their Bachelor degree and passed the 12th grade. To be eligible for this award, international students must take English proficiency tests such as IELTS. As a part of selection process, applicants must have relevant work experience and also needs to appear for an interview. Students will require the following documentation to apply for the scholarship: LOR.

Applicable course, university and country

This scholarship is applicable for Masters Degree

This scholarship is applicable for the following courses in University of Oxford in UK

• MSc in Financial Economics

• Applicable to all 1 year Master programs

Scholarship amount details

Max scholarship per student: Pound 48,670 => Rs 52,60,254

Conversion rate used: 1 Pound = Rs. 106.18 (last updated 25th November 2024)

Scholarship amount will be given: One Time

Scholarship amount can be used for

Type of Expense	Indicates if scholarship can be used for this type of expense
Tuition & Fees	✔Scholarship amount can be used for this
Living Expense	×Not covered in scholarship
Accommodation	×Not covered in scholarship
Air Fare/Travel Expenses	✔Scholarship amount can be used for this
Spouse/Child Care	×Not covered in scholarship
Health Cover	×Not covered in scholarship
Application	×Not covered in scholarship
Others	✔Scholarship amount can be used for this

• Scholarship amount covers:
  • University tuition fees
  • A monthly stipend
  • Travel costs to and from the UK
  • An arrival allowance
  • A homeward departure allowance
  • The cost of one visa application
  • A travel grant to attend Chevening events in the UK

Student Awards

Number of students to be awarded: Varies

Scholarship Eligibility

Special Restrictions

• Must return to home country after course completion

• Applicant must return to his/her country of citizenship for a minimum of two years after the award has ended

Exams Details

Exam name	Indicates if exam is required and cutoff (if any)
IELTS	Required (minimum score 7.5)
12	Required
UG	Required (minimum score 3.5 GPA)
Work Experience	Required (minimum 2 years)
Interview	Required

Eligibility

• Applicant must not have previously studied in the UK with funding from a UK Government-funded scholarship
• Applicant must have an undergraduate degree. This is typically equivalent to an upper second-class 2:1 honours degree in the UK
• IELTS: 7.5 with min score of 7.0 in each section (as required by university)
• Work Experience: Min 2 yrs required. It can be-
  • Full-time employment
  • Part-time employment
  • Voluntary work
  • Paid or unpaid internships
  • Work experience can be completed before, during, or after graduating from undergraduate studies
• Interview: Shortlisted candidates will be invited for an interview. The interview will be in the city where the British Embassy or High Commission has a representation 
• The interview will be a competency-based panel assessment conducted in English. Applicants will be asked a series of questions discussing some of the information they provided in the application form. The panel will ask questions that will enable applicants to explain his/her personal and professional aspirations, and how Chevening can facilitate their achievement of these goals. Applicants course choices will also be discussed and they will be asked to provide an update on their applications

Application Process for this scholarship

Application Documents

Type of documents	Indicates if this type of document is required to be submitted
LOR	Required

• LOR: 2 Reference letters are recommended. The referee should be people who can comment on applicants general suitability to receive a Chevening Award. Referees should be known to applicant, either in an academic or professional capacity. They should not be a relative or close personal friend
• Reference should cover the following:

  1) How long have you known the applicant? 
  2) In what capacity do you know the applicant? (e.g. professional, educational, supervisory, voluntary, religious) 
  3) When you last had regular contact with the applicant
  4) A brief overall endorsement of the applicant, including their:

  • Skills in leadership and networking
  • Personal, intellectual, and interpersonal qualities
  • Ability to complete a demanding academic programme in the UK

• Application Process: Applications must be submitted online via the Chevening website. Applicants can choose 3 different UK universities to seek admission with the scholarship. All applicants who wish to be considered for an award at University of Oxford are encouraged to select Oxford as their first preference in their Chevening application

Scholarship Application

This scholarship needs a separate external application.

Important Dates

	Date	Additional Details
Application final end date	Not Available	The deadline has passed

Please note that these dates could be in local country times and may not be IST (Indian standard time).

FAQ Link

http://www.chevening.org/apply/faqs