Year of entry2018
Start dateOctober 2018, January 2019 or April 2019
Up to four years full-time or seven years part-time
Regular meetings with your supervisor(s)
Other entry years for this course2017
The MPhil/PhD in economics will train you to conduct research of a high academic standard and to make original contributions to the subject. The degree involves both coursework and research training, but its major component is the preparation of a substantial research thesis. The thesis should demonstrate a sound understanding of the main issues in the area and add to existing knowledge.
An MPhil/PhD is an advanced postgraduate research degree that requires the submission of a substantial dissertation of 60,000 to 100,000 words. At Birkbeck, you are initially registered on an MPhil and you upgrade to a PhD after satisfactory progress in the first year or two. You need to find a suitable academic supervisor at Birkbeck, who can offer the requisite expertise to guide and support you through your research. Find out more about undertaking a research degree at Birkbeck.
Economics at Birkbeck has acquired an excellent reputation, not only for the quality of its research but also for the quality of its training. The Treasury, the Bank of England and many other employers hire us to train their staff. We take students who are determined to succeed and are prepared to undergo the rigours of first-class training, whether they are studying full-time or part-time.
In the 2014 Research Excellence Framework (REF), more than half of our research outputs in Economics were ranked world-leading or internationally excellent.
- Birkbeck’s research excellence was confirmed in the 2014 Research Excellence Framework, which placed Birkbeck 30th in the UK for research, with 73% of our research rated world-leading or internationally excellent.
- The Commodities Finance Centre, a forum for academics and practitioners working in the field of commodities modelling, is housed within the department.
- The Birkbeck Centre for Applied Macroeconomics is a research centre which aims to consolidate and publicise research in macroeconomics and monetary economics. The centre hosts regular seminars and workshops and prestigious visiting scholars.
- Read about Birkbeck research offering insights and expertise to inform business, contribute to economic success and develop ground-breaking technologies.
We welcome a wide range of qualifications, from the UK and abroad, and we will also consider your non-academic achievements.
MSc in economics/finance or a related quantitative subject, with distinction or a good pass.
Applicants should also submit a research proposal which is in line with the research interests of the Department.
Qualities such as good time management and the ability to cope under pressure are vital.
Strong background in quantitative methods.
International entry requirements
If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests.
If you don't meet the minimum IELTS requirement, we offer pre-sessional English courses, foundation programmes and language support services to help you improve your English language skills and get your place at Birkbeck.
Visit the International section of our website to find out more about our English language entry requirements and relevant requirements by country.
We are committed to doing everything we can to help you finance your studies.
Fees (2017/8)Part-time home/EU students: £ 2226 pa
Full-time home/EU students: £ 4195 pa
Part-time overseas students: £ 6050 pa
Full-time overseas students: £ 11995 pa
Fees and finance
From 2018-19, PhD students resident in England can apply for government loans of up to £25,000 to cover the cost of tuition fees, maintenance and other study-related costs.
Flexible finance: pay your fees in monthly instalments at no extra cost. Enrol early to spread your costs and reduce your monthly payments.
Fees discounts: If you are a member of a union that is recognised by the Trades Union Congress (TUC), you may apply for a 10% discount off your tuition fees.
The School of Business, Economics and Informatics attracts funding for studentships that ensure researchers of the highest standard can pursue their research with us. Find out more about research funding opportunities at Birkbeck.
Our Research Culture
Birkbeck is a world-leading research university with a vibrant, interdisciplinary research culture and a welcoming, supportive community of researchers.
Our Research Culture
New full-time MPhil/PhD students are required to attend a series of lectures and research workshops, covering topics that are at the cutting edge of recent developments in economic theory and methodology. You also select option classes from the MSc Economics, MSc Financial Economics, MSc Finance or MSc Financial Engineering at Birkbeck or UCL. After completing coursework, you proceed to write a PhD dissertation.
Coursework is not normally compulsory for part-time MPhil/PhD students. However, if deficiencies in previous training are identified, you may be required to undertake suitable coursework.
Read more about our vibrant research culture.
How to apply
Once you've found the course that's right for you, here's what to do next to get your place at Birkbeck.
How to apply
You apply directly to Birkbeck for this course, using the online application link.
Application deadlines and interviews
You can apply at any time for study starting in January, April or October. We need to receive your supporting documents (i.e. your transcript, two academic references and research proposal) before we can proceed with your application.
If you wish to apply for funding, you will need to apply by certain deadlines. Consult the websites of relevant bodies for details.
Finding a supervisor
Finding the right supervisor for your research is important: we offer supervision in over 40 subject areas and in interdisciplinary combinations.
Finding a supervisor
A crucial factor when applying for postgraduate study in economics is the correlation between the applicant’s intellectual and research interests and those of one or more potential supervisors within the Department.
Find out more about the research interests of our academic staff:
- Yunus Aksoy, BA, PhD: monetary economics; international macroeconomics.
- Brad Baxter, MA, PhD: approximation theory; numerical analysis; mathematical finance; theory and algorithms of radial basis functions.
- Walter Beckert, MSc, PhD: theoretical and applied econometrics; theoretical and empirical industrial organisation.
- Raymond Brummelhuis, PhD: mathematical finance; mathematical physics and PDE.
- Arupratan Daripa, BA, MA, PhD: auction theory; mechanism design; applications to financial markets; bank regulation and informal credit design.
- John Driffill, MA, PhD: macroeconomics; monetary economics; labour markets and economic performance.
- Hélyette Geman, MSc, PhD: derivatives; commodities; hedge funds management; complex and exotic options; interest rates and stock price modelling.
- Kenjiro Hori, MA, PhD: search theory; labour economics; contract theory; microeconomics.
- Sandeep Kapur, BA, PhD: financial intermediation; applied economic theory.
- Arina Nikandrova, PhD: economic theory and game theory; industrial organisation and antitrust economics; finance and financial microstructure.
- Pavol Povala, MA, PhD: empirical asset pricing, monetary policy, term structure models and financial econometrics.
- Ivan Petrella, PhD: macroeconomics; monetary policy and macroeconometrics; applied economics and forecasting.
- Zacharias Psaradakis, BA, MA, PhD: econometrics; time series analysis.
- David Schroeder, BSc, MSc, PhD: asset pricing; empirical finance; decision theory; stochastic finance.
- Emanuela Sciubba, MPhil, PhD: economic theory and finance; learning and evolution in financial markets; network formation models.
- Anne Sibert, BA, MSc, PhD: open economy macroeconomics; international finance; monetary economics; political economy.
- Ron Smith, BA, PhD: defence economics; econometrics; industrial economics; political economy.
- Roald Versteeg, BSc, MSc, PhD: capital controls; international macroeconomics.
- Stephen Wright, MA: macroeconomics; finance.
Fees and payment
With government loans for undergraduate and postgraduate study, fantastic financial support packages and flexible payment options, there’s never been a better time to study at Birkbeck.
Evening study explained
Birkbeck is London’s only specialist provider of evening higher education. With classes held 6pm-9pm, your days are free to study, work, volunteer, or just do your own thing.
Birkbeck is one of the world’s leading research universities. Discover more about our vibrant, intellectually challenging and exciting research culture.
Financial support and PhD loans
Birkbeck is committed to doing everything we can to help you finance your studies. Find out about what is available, how to apply and the advice and support we provide.
The Birkbeck experience
Birkbeck is different: our classes are held in the evening, so your days are free - to study, work, volunteer or just do your own thing.
Careers and employability
Our free Careers and Employability Service provides comprehensive careers advice, events and information services for current students, both in person and online, and for recent Birkbeck graduates.
Life at Birkbeck
Birkbeck offers a unique combination of evening study and a matchless central London location, right in the geographic and academic centre of the city, giving you exceptional opportunities.
Birkbeck Graduate Research School (BGRS)
The Birkbeck Graduate Research School (BGRS) offers support, training and a warm welcome to Birkbeck's vibrant community of MPhil/PhD researchers.
How to apply
Once you've found the course that's right for you, here's what to do next to get your place at Birkbeck. We can give you the advice and support you need.
Professor Bill Bowring awarded Fellowship of the Academy of Social Sciences
Professor Bowring is a leading expert in the UK on legal and human rights issues in Russia and the countries of the Former Soviet Union, and Eastern and Central Europe.
Professor Martin Paul Eve awarded Medal of Honour in the Humanities and Social Sciences
The Medal of Honour is awarded to laureates of exceptional academic or social distinction, who make a unique contribution to the mutual relationship between faculties and universities.
Public engagement with research
A grant from Research Councils UK will enable Birkbeck to build upon existing public engagement initiatives and enrich our culture of engagement.
Sunil Gupta: In Pursuit of Love
Peltz Gallery, 43 Gordon Square
The Centre for Research on Race and Law - Strategic litigation: Anti-racism in the courtroom?
CLO B01, Clore Management Centre, Tavistock Square, London, WC1E 7JL
Murray seminar - Kim Woods on Speaking Sculptures
Keynes Library, Birkbeck School of Arts, 43-46 Gordon Square
Performing under pressure
PhD student Emmanuel Ducrocq on his research about attentional control in sporting performance.
Public research funding
Is it still necessary? Dr Federica Rossi and Professor Aldo Geuna discuss.
A day in the life
of Birkbeck scientist Dr Emma Meaburn.