What is the total cost of doing the Oxford MFE, including tuition and living expenses?

Question

Divakshi Arora · Accepted Answer

Tuition is &pound;62,920. Living costs over 9 months add another &pound;12.8K&ndash;&pound;18.3K, depending on lifestyle. So total cost sits between &pound;75K&ndash;&pound;81K.
You&rsquo;ll also need to pay a &pound;9,440 deposit once admitted &mdash; goes toward tuition but is due quickly. The course is short (9 months), so less opportunity cost &mdash; but placement timelines are tighter. No GMAT waiver, no scholarships guaranteed, and visa + job hunt after will affect actual ROI.
If your post-MFE goal is AM, IB, or PE in the UK, this cost range is common. But without a clear post-study plan or prior finance exposure, it&rsquo;s expensive for what it delivers.
For more details you can read this blog on "Oxford Mfin"

B.K Sharma · Answer

Oxford MFE costs around &pound;75,700 to &pound;81,200 in total. Tuition is &pound;62,920 for 2025&ndash;26. Living expenses are estimated at &pound;1,425 to &pound;2,035/month, so for 9 months, that adds up to roughly &pound;12,825&ndash;&pound;18,315.
There&rsquo;s a &pound;9,440 deposit due after admission. It&rsquo;s non-refundable but adjusted toward tuition.
This doesn&rsquo;t include visa, travel, or setup costs &mdash; those vary, but should be factored in. The fee also covers Oxford Union membership and most college services. No additional tuition or hidden academic charges later.
If you're targeting roles in London or EU post-MFE, the cost can be justifiable. But for those returning to India or moving into non-core finance, ROI needs to be thought through carefully.

T Mehta · Answer

The total cost of the Oxford MFE, including tuition and living expenses, usually falls between &pound;75,000 and &pound;81,000. Tuition is fixed at &pound;62,920, and living costs for the 9-month program range from about &pound;12,800 to &pound;18,300 depending on lifestyle choices in Oxford. On top of that, a &pound;9,440 deposit is required soon after admission, which later gets adjusted against tuition.
One advantage is that the course is short, so the opportunity cost is lower compared to two-year master&rsquo;s programs. The flip side is that job applications in London often overlap with classes, which makes timing tricky. Students budgeting should also plan for visa fees and initial relocation costs, which aren&rsquo;t always included in the official estimate but can easily add another &pound;2&ndash;3K.

V Gupta · Answer

The first shock for most people is that Oxford MFE isn&rsquo;t just tuition &mdash; the real bill is higher once living costs and extras are added in.
&bull; Tuition alone is &pound;62,920. &bull; Living costs in Oxford for 9 months fall anywhere between &pound;12,800 and &pound;18,300 depending on rent and lifestyle. &bull; A &pound;9,440 deposit is due soon after admission; it counts toward tuition but needs to be paid upfront. &bull; Visa fees, NHS surcharge, and relocation expenses can add roughly &pound;2&ndash;3K more.
So the realistic total is closer to &pound;78K&ndash;&pound;84K. The short 9-month format means less lost salary compared to a two-year program, but it also squeezes recruiting timelines. For people eyeing London asset management or IB, it&rsquo;s wise to budget tightly and be ready to start job applications almost from day one.