The Gunners have qualified for the Champions League in each of the past 15 seasons but fell five points behind fourth-placed Chelsea after a 2-1 away defeat to Tottenham in March.
|2/7||Arsenal are 2/7 with BetVictor to finish in the Premier League top four
"We have to turn it around. We did it last season and need to do it again. It seems to be the Arsenal way," Oxlade-Chamberlain told Sky Sports News.
"We just have to take each game as it comes, work together as a team and hopefully we will get there."
Manager Arsene Wenger has given the attacking midfielder just 17 starts in all competitions this season but the former Southampton starlet insists that he is no less motivated.
The 19-year-old maintained: "Just being here, at a club like Arsenal, I am loving every minute of it.
"To be involved with England, playing a few games, that's the motivation I need. I am hungry for more."