Saved from military conscription by the Armistice of November 1918, Dobb was admitted to Pembroke College, Cambridge, in 1919 as an exhibitioner to study economics.[3] Dobb gained firsts in both parts of the economics tripos in 1921 and 1922 and was admitted to the London School of Economics for graduate studies.[3] Following his achievement of a PhD in 1924, Dobb returned to Cambridge to take up a post as University lecturer.[3]