When can I apply for the 2014/15 programme?
Applications will open in late September 2013. As demand for places is likely to be strong, we recommend you apply as early as possible. Early application also helps to assist with college placement and visa applications. Some scholarships also require applications to be submitted by earlier deadlines.
What's the deadline for applications?
Application submissions for the Master of Finance programme will be accepted for consideration until all the available places are filled, provided they meet the required criteria. We will not accept any applications after 31 May 2014. All three references must also be received by the deadline of 31 May 2014.
What are the minimum requirements for entry onto the programme?
Visit the Our Requirements webpage for full details of the minimum requirements.
Is there an application fee?
Yes, there is an application fee of £100 payable at the point of application submission. Payment can be made by credit or debit card through our online application system.
Do you require work experience?
Yes. Applicants will only be considered if they meet the requirement of a minimum of two years' post-graduation finance-related work experience with a bank or in the financial industry / financial arm of a non-financial industry.
Do I need management experience to qualify for the course?
No, management experience is not necessary for the Master of Finance programme.
Do undergraduate internships count towards the minimum work experience requirement?
No, all work experience must be post-graduation.
Do part-time jobs count towards the minimum work experience requirements?
In most cases no; for example, if you are applying for 2014 entry you must expect to have at least two years' full time, post-graduation work experience by 30 September 2014. However, please tell us if there are extenuating circumstances which mean that you have only been able to work part-time or on temporary contracts, such as bringing up a family or caring for an elderly relative.
How are references submitted?
Please nominate three referees - an academic, a peer and a supervisor - in the "References" section of our online application form. Your chosen referees will be sent an automated email asking them to submit your reference to us directly, via our online system.
I don't want to tell my current line manager that I am applying for the MFin. Can I submit an alternative reference instead of the professional one?
We understand that sometimes it is not possible to ask your current line manager for a reference, in which case we are happy to accept a reference from a former line manager/supervisor. Failing this, we will accept a reference from a customer, supplier or adviser with whom you work on a professional basis.
Do you have an upper age limit?
When do I need to submit degree transcripts and other certificates?
Please upload a copy of your degree transcript (front and back pages) in the "Academic Information" section of our online application form. If you are invited for an interview, we will require you to bring the original transcript certificates with you. If you are unable to provide the original documents, you must have copies authenticated by a public notary or lawyer who has seen the original documents. Please prepare these documents now, as we sometimes invite candidates to interview at short notice. Transcripts should be written in English, or be certified translations into English.
How do I know that you have received my application and supporting documents such as transcripts and references?
Please check the "Current Application Status" section of our online application form to verify that your application is complete. Please note that your application cannot be reviewed until we have received your application fee and all three references.
Can I be considered for both Master of Finance and MPhil?
No. The two courses target different audiences and so have different entry requirements and career prospects. Consequently it is not possible for someone to be eligible for both programmes.
I want to do a PhD afterwards. Is Master of Finance the right course for me?
The PhD requires a substantial amount of research methods training at masters' level, which is not covered in the Master of Finance programme. Candidates interested in an academic career should consider one of the School's research MPhil programmes.
Would you consider my application if I do not have a degree?
Our programme is intellectually demanding and the training received at the undergraduate level is considered appropriate preparation for masters' level academic study.
Although we might consider applicants with special circumstances on an individual basis, they will need to provide evidence of sufficient academic ability to cope with the intellectual demands of the programme.
Can I submit further documents after I have submitted my application?
Candidates may submit their electronic application at any time, however we can only view applications once they are complete, i.e. those that include a completed application form, transcripts of your degree, certificates for the required tests (GMAT and TOEFL/IELTS) and academic, professional and peer references.
Do you require a GMAT score as part of the application process?
The submission of a GMAT score is optional for anyone applying to the MFin. We assess the strength of an application based on all of the information the applicant provides us (including the application, transcripts and references). Therefore, in some cases a GMAT score can provide more information and potential strength to an application, particularly in cases where the academic score is border line for our requirements or if the scoring of academic qualifications is unfamiliar to us. However, we do not consider a GMAT score by itself as enough to accept or reject an MFin application and it cannot be presented as evidence of a strong academic record by itself. Please note we do reserve the right to request a GMAT score on the rare occasions where we feel it is necessary.
What is a good GMAT score?
80% and over is considered a good GMAT score.
I have more than one GMAT score, which one will you consider?
If you have taken the GMAT more than once, please report your two best scores.
How do my extracurricular activities strengthen my application?
Your suitability for the course is likely to be enhanced by demonstrable evidence of participation in your community or extra curricular activities that demonstrate your capability for strong communication and team working skills. This requirement is also customary for majority of graduate scholarships in addition to exceptional academic achievement and leadership skills.
When will I hear if my application has been successful?
Approximately three weeks after we receive your completed application (including your three references), we will send you an email notification as to the status of your application.
Do I have to come to Cambridge for an interview?
Short-listed applicants will be invited to attend an interview day in Cambridge, and are expected to attend at their own expense. We may carry out a limited number of interviews in countries where it is difficult for candidates to obtain visas at short notice. However, we strongly prefer candidates to meet faculty and tour the School before taking up the offer of a place. In addition to the interview with the faculty, an interview day at the University typically includes opportunities to familiarise yourself with the School and the City. For those who will find it exceptionally difficult to attend an interview in Cambridge, we may also carry out a limited number of video conference and telephone interviews.
What happens after the interview?
We will usually inform applicants if they have been successful within two days of the interview.
Which college am I likely to join?
There are 31 Cambridge colleges and Master of Finance students are put forward for the membership in the same way as other postgraduate students. Candidates can only be considered for a college place once the conditional offer of a Master of Finance place has been made. The Master of Finance admissions team are responsible for working with colleges to find places for the programme's students and it is very difficult to say which college this is likely to be until nearer the time.
What is the difference between the conditional and unconditional offer?
If your application is short-listed you will be asked to take part in an interview. If after the interview you are offered a place on the programme, your place will be conditional on you providing evidence that you can fund the course and on you having a college place. Once these conditions have been satisfied your offer will progress to an unconditional offer.