Chevening Scholarships- University of Oxford (MSc in Financial Economics)

Awarded By: University of Oxford in UK
Updated on Apr 22, 2024
Rekha Madi
Rekha Madi
University Research Analyst
Course: Masters
Deadline: Nov 7, 2023
Amount: POUND 48,670
Countries:
United KingdomUK

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.

Applicable course, university, and country

This scholarship is applicable for Masters’s Degree. This scholarship is applicable for the following courses in the University of Oxford in UK

  • Master of Science in Financial Economics
  • Applicable to all 1 year Master programs

 

Scholarship amount details

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

Conversion rate used: 1 Pound = Rs. 105.26 (last updated 19th December 2024).
Scholarship amount will be given: One Time

Scholarship amount can be used for:

Type of Expense Indicates if the 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

Number of students to be awarded:
Varies

Eligible student nationality

India, United States of America, United Kingdom, Australia, Singapore, New Zealand, Canada, Germany, Malaysia, Sweden, France, Switzerland, Netherlands, Denmark, Spain, Russia, United Arab Emirates, Ireland, Italy, Poland, Portugal, Norway, Japan, Thailand, Belgium, Armenia, Fiji, China, South Korea, Greece, Mauritius, Estonia, Luxembourg, Ukraine, South Africa, Hungary, Austria, Slovenia, Philippines, Cyprus, Bangladesh, Lithuania, Monaco, Nepal, Georgia, Hong Kong, Turkey, Malta, Bahrain, Barbados, Guyana, Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Aruba, Azerbaijan, Bahamas, Belarus, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, Christmas Island, Cocos Islands, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Cuba, Curacao, Czech Republic, Democratic Republic of the Congo, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Ethiopia, Falkland Islands, Faroe Islands, Finland, French Polynesia, Gabon, Gambia, Ghana, Gibraltar, Greenland, Grenada, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Haiti, Honduras, Iceland, Indonesia, Iran, Iraq, Isle of Man, Israel, Ivory Coast, Jamaica, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Macao, Macedonia, Madagascar, Malawi, Maldives, Mali, Marshall Islands, Mauritania, Mayotte, Mexico, Micronesia, Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nauru, Netherlands Antilles, New Caledonia, Nicaragua, Niger, Nigeria, Niue, North Korea, Northern Mariana Islands, Oman, Pakistan, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Pitcairn, Puerto Rico, Qatar, Republic of the Congo, Reunion, Romania, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Sint Maarten, Slovakia, Solomon Islands, Somalia, South Sudan, Sri Lanka, Sudan, Suriname, Svalbard and Jan Mayen, Swaziland, Syria, Taiwan, Tajikistan, Tanzania, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkmenistan, Turks and Caicos Islands, Tuvalu, U.S. Virgin Islands, Uganda, Uruguay, Uzbekistan, Vanuatu, Vatican, Venezuela, Vietnam, Wallis and Futuna, Western Sahara, Yemen, Zambia, Zimbabwe

Appication Process for this scholarship

  • 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 the 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.

Application Documents:

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

Important Dates & FAQ info:

Info Date
Application start date September 12, 2023
Application final end date November 07, 2023
Reading Committee Assessment Mid-November To December 2023
Applicant Shortlisted for Interviews Early to Mid-February 2024
References and Education Documents Deadline February 2024
Interviews April 26, 2024
Results June 2024
Offer Deadline July 11, 2024
FAQ Link http://www.cheveningorg/apply/faqs

 

Scholarship 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: 75 with min score of 70 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

Special Restrictions:
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 75)
12 Required
UG Required (minimum score 35 GPA)
Work Experience Required (minimum 2 years)
Interview Required

 

iSchoolConnect Rating

4
The rating is done considering various factors

Frequently Asked Questions

The frequently asked questions about the scholarship are:

Who can apply for the Scholarship?
The scholarship is applicable to students from various countries.

What is the minimum Qualification Required?
The students must have completed their secondary education and a bachelor degree from a recognized institution.

What is the procedure for applying?
This scholarship needs a separate external application.

What are the documents required for filling the forms?
Unofficial transcripts, LOR, etc.

What is the duration of the Scholarship?
One Time