Research degree

Economics MRes + MPhil/PhD

The UCL Department of Economics is a world class academic department with a commitment to research excellence. The Economics doctoral programme aims to attract, educate and develop students of the highest academic calibre. Our graduates are employed by the world’s foremost academic, international and governmental institutions.

Key Information

Modes and duration

  • Full-time: 4 years
  • Part-time: 7 years

Tuition Fees (2015/16)

£4,635 (FT) £2,315 (PT)
£16,690 (FT) £8,500 (PT)

Application deadlines

All applicants:
14 January 2015

Entry Requirements

Applicants must have a Master’s degree in Economics or closely related subject with distinction-level performance. Applicants must demonstrate that they are qualified to proceed to research work. The GRE General Test is a required part of the application, except for applicants with an Economics MSc from UCL or those currently enrolled on the UCL Economics MSc programme.

English language requirement: Good

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.

International equivalencies

International applicants can find out the equivalent qualification for their country by selecting from the list below.

Select your country:


Research Centre funding and Departmental Teaching Assistantships are available to MPhil and PhD students, as is ESRC funding through the UCL Doctoral Training Centre.

For the MRes + MPhil/PhD research degree programmes, departmental scholarships are awarded as follows: six ESRC Awards in addition to Ricardo, David Pearce and WM Gorman Research Scholarships.

James Lanner Memorial Scholarship

1 year
Prospective students of the Economics MSc who are not already receiving full financial support from other sources.

Gaitskell MSc Scholarship

1 year
Prospective UK and EU MSc students in the Department of Economics who are not receiving full funding from outer sources.

GREAT/UCL Scholarship

1 year
Prospective graduate students from India applying to one of the following courses: Management MSc, Economics MSc, Construction Economics and Management MSc, Technology Entrepreneurship MSc, LLM, Telecommunications MSc, Drug Discovery and Development MSc,or Cancer MSc.

Michael Curtis UCL Bursary

1 year

More scholarships are listed on the scholarships website



Undertaking the UCL Economics PhD affords students excellent networking opportunities from day one of the degree programme, and outstanding employment options upon completion. The Department is committed to maximising PhD students’ ability to gain employment in the top academic departments, research centres and financial and public policy organizations worldwide. The rigorous Doctoral programme ensures students graduate with a wide range of highly valued technical, analytical, teaching and research skills. Senior PhD students have the option to go on the Economics Job Market, and receive the support of the Department and its dedicated Job Market placement programme.

Why study this degree at UCL?

The Department of Economics has an exceptional international reputation in key areas of current research. It is the only Department of Economics in the United Kingdom to have received the grade point average of 3.5 in the 2008 RAE, with over 90% of staff submitted. This research excellence is matched by the Department’s provision of a stimulating, intellectual and supportive research environment including state of the art facilities and a dedicated PhD research wing, complete with desk space for all MPhil and PhD candidates.

Our Doctoral students often take up visiting research posts within leading Economics Departments worldwide, may participate in the ENTER exchange programme and may also gain valuable teaching experience as Departmental Teaching Assistants.

Student / staff ratios › 65 staff › 155 taught students › 105 research students

Department: Economics

Degree reviews

Student review

"I found UCL is a leading, intellectually innovative university, full of opportunities to expand my academic interest. I think the emphasis on multi-disciplinary work within and among departments at UCL creates innovative environment for research. For example, SSEES department consists of economics and business, history, politics, sociology and language discipline, so that I could talk to students and faculties from different area which benefit my research in Eastern European economies."

Seohyun Lee

Subject: Economics MPhil/PhD
Alumni review

"Completing the MRes at UCL allowed me to get on to the UCL PhD programme, which is one of the best in the world. I applied for a joint position allowing me to study for an MRes/PhD at UCL whilst being funded by and based at the Institute for Fiscal Studies. This allowed me to be involved in some practical policy work alongside the more academic projects for my PhD. UCL has some of the leading researchers in economics, and the department is a great place to study. "

Arun Advani

Subject: Economics MRes + MPhil/PhD

Application and next steps


Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.

Who can apply?

Application deadlines

All applicants

For more information see our Applications page.

Apply now


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Visit the IRIS research portal to learn more about researchers' activities, research groups, research centres and interdisciplinary networks across the whole of UCL.

IRIS department: Economics

Faculty of the Social and Historical Sciences

IRIS Portal

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