Economics MSc
at UCL University, London

3.3 /5

(3 Reviews)

A++ Shiksha Grade
Public University
Department of Economics

Economics MSc
at
UCL University
Overview

This course is offered by Department of Economics department of the university. UCL University offers a 1 year long Economics MSc course. The tuition fees to pursue this program is Pound 35000.0. English language proficiency test accepted for admission to UCL University Economics MSc are IELTS and PTE. Graduation cutoff for admission is 60.0%.

Duration	1 year
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹37.16 Lakh View full breakup
Type of University	Public
Official Career Service Website	Go to Website

Economics MSc
at
UCL University
Highlights

The programme aims to provide all students with a sound and worthwhile education in modern Economics and Econometrics, developing important transferable skills of problem-definition, analysis and self-motivation
Students will learn the formal tools that are necessary to understand and conduct cutting-edge research in both theoretical and applied economics
The Economics MSc will equip the professional economist with the powerful tools required to understand the rapidly changing, complex and uncertain modern world economy

Economics MSc
at
UCL University
Rankings

University Ranking

Rank	Rank Publisher
#5	Europe QS, 2025
#9	UK University The Complete University Guide, 2025
#9	University The Guardian, 2025

View All Rankings

Economics MSc
at
UCL University
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

60%
A minimum of an upper second-class Bachelor's degree in Economics with a significant quantitative component from a UK university, or an overseas qualification of an equivalent standard. Applicants with a qualification of an equivalent standard in another quantitative discipline, such as statistics, mathematics, or physics, may also be considered

The award of any of the following from a recognised institution:

A Bachelor's degree with a minimum overall CGPA of 7.75/10, 6.25/8.0, 5.75/7.0, 4.25/6.0, 3.3/4.0, or 60% where a GPA scale is not used. The overall mark required is dependent on the subject and the ranking of the institution at which the degree has been taken

Master's; Medical / Dental degree; MPhil/PhD

Prerequisites: Math Prerequisites for Part 1: The course requires some familiarity with multivariate calculus, standard mathematical techniques used in formal undergraduate courses and a few more results. Here is a detailed list:

Limits, Continuity, Differentiability, Integration of univariate functions, compact sets in R^n, intermediate value theorem

Vector- and Matrix notation. Scalar Products

Multivariate Calculus: partial derivative, Young’s theorem, Hessian matrix, convex and concave functions, positive and negative (semi-)definite matrices, implicit function theorem, homogeneous functions of any degree

(Constrained) Optimization: Lagrangian, Kuhn-Tucker Conditons, Envelope Theorem, Weierstrass’ theorem,

Probability Theory: Expected Value, Jensen’s inequality

Students should be familiar with basic microeconomics terminology and definitions of: Elasticities, normal and inferior goods, luxuries and necessities. income expansion paths, Engel curves, utility functions, budget sets, indifference curves, isoquants, price-taking behaviour, Cobb-Douglas and CES utility- and production-functions, Edgeworth-Box. It is expected that you are able to derive solutions to utility maximization problems, cost-minimization problems and profit maximization problems

It is assumed that students have a working knowledge of basic linear algebra (e.g. linear systems of equations, matrix algebra), multivariate calculus (e.g. partial derivatives, multivariate optimization), elementary probability theory (e.g. joint distributions, conditional expectations, variances and correlations), and statistical inference (e.g. consistency, unbiasedness, condence intervals, hypothesis testing)
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GPA

Percentage

CGPA

GPA score

3 year degree accepted Lock Icon

Convert your GPA to Percentage

Calculate your score and check your eligibility at over 2000+ universities.

GPA

Percentage

CGPA

GPA score

PTE

Marks - 76/90
with a minimum of 75 in each Communicative Skill

IELTS

Marks - 7/9
Minimum of 6.5 in each of the subtests

Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS

GRE

No specific cutoff mentioned
NA

Other eligibility criteria Lock Icon

Applicants in the final year of their undergraduate studies must upload to their application a complete list of the courses they are taking in their final year
The programme is aimed at students with a strong analytical and quantitative background
Applicants must be comfortable with academically rigorous content, enjoy technical challenges in the discipline, and have an aptitude for applying sophisticated technical tools to topical questions in Economics

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Conditional Offer Lock Icon

Yes
Students may get a conditional offer

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Economics MSc
at
UCL University
Application Process

Step one

Prepare documents for application

LOR

Applicants need to submit two references

Step two

Additional documents required

Academic transcript provided in English
Proof of English language proficiency
Copy of passport
GRE score
A personal statement is required outlining the motivation for studying the program A personal statement should be no longer than two sides of A4 paper. Following questions needs to be considered when writing a personal statement:
- Why the applicant wants to study Economics at the graduate level
- Why the applicant wants to study Economics at UCL: University wants to see what applicant has found out about how university approaches the study of economics at Master's level at UCL, and what specific skills and aptitudes applicant has that will help him/her succeed on the MSc program
- Where the applicant would like to go professionally with his/her degree
- Details of applicant's skills in mathematics, calculus, probability, and statistics, or linear algebra
- Any skills applicant has with spreadsheets, statistical software, mathematical programming or working with data

Step three

Start your online application

https://www.ucl.ac.uk/prospective-students/graduate/taught/degrees/economics-msc

Step four

Application fees for this course

Pound 90 = INR 9.56 Thousand

Mode of payment: Credit card

Students can pay in three equal installments; the first before or at enrolment, the second by 7 February, and the third by 2 May.

Economics MSc
at
UCL University
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 37,16,300

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 7,80,635
Transportation	INR 84,732
Mobile phone	INR 11,043
Total approximate fees	INR 8,76,410

Calculated at the exchange rate of 1 Pound = INR 106.18 | Tuition & expenses were last updated on 8ᵗʰ October 2024

Economics MSc
at
UCL University

Scholarships

View all 39 scholarships

University College London
Students Ratings & Reviews

3.3/5

2 Verified Reviews Info Icon

Vibe of Campus

Academically oriented
Stressful

Student Views

0% students never faced discrimination in this university

Internships2.5

Part time work2.5

Post study jobs3.5

Quality of faculty4

Student Life3

Value for money3

Public transportation4

Safety2.5

Indian Food4

Permanent Immigration4

Anonymous

Management MSc - Batch of 2024

Offered by University College London

2.3

Avoid studying in high ranked universities in places like London

Tips: Avoid coming to the United Kingdom or London, there is a housing and eco-crisis going on currently, opportunities are very limited. Go to places like the Netherlands or Germany instead. There are hardly opportunities for everyone. There is no global exposure also, UK is filled with Indians.

Dislikes (Value for money): Definitely not a value for money, professors arena like the Indians ones, everything needs to be done on our own! Engagement opportunities are minimal, it's just restricted to two floors. Lack of practical exposure and you still get tested based on examinations.

Reviewed on 16 Nov 2023Read more

Raavi Aggarwal Verified Icon

Economics MSc - Batch of 2017

Offered by University College London

4.3

Excellent master's programme, with a strong quantitative bent.

Tips: The programme is very intense and students spend at least 60-70 hours per week on the programme. It is an excellent programme that will benefit students for many years to come. Obtaining a scholarship can greatly help in managing expenses. Nevertheless, I find such a programme a good investment as it will benefit students in diverse career trajectories throughout their careers.

Reviewed on 20 Jul 2023Read more

Anonymous

Neuroscience MSc - Batch of 2022

Offered by University College London

4.6

UCL demands academic rigor, fosters global opportunities, diverse culture, with high London costs.

Tips: Before joining UCL, students should know that UCL demands high academic rigour, a global reputation, and a diverse, international community. Located in central London, living costs are high, and independent learning is key. UCL also offers many extracurricular and career opportunities frequently and I advise the students to participate in it and try to build connections as it will significantly help for professional growth. Overall, I am satisfied with the course, university and the country.

Reviewed on 27 Sep 2024Read more

View All 3 Reviews