The MPhil in Finance programme's Financial Engineering specialisation consists of nine courses:
- nine core courses (no electives)
- plus a preparatory maths and statistics course (see below)
The Financial Engineering stream is optional and you can take modules from this stream without being registered on the actual stream, but please be aware that if you wish to officially take the Financial Engineering stream on the MPhil in Finance programme then you would take only nine core modules.
To specialise in the Financial Engineering field, a prior requirement is a high level of skill in mathematics, such as would be acquired in an undergraduate degree in Mathematics or a cognate discipline.
It may be possible for students to offer a dissertation in place of three of the courses. Find out more
Preparatory Maths & Statistics
This pre-term course starts in mid-September, and its aim is to review the required mathematical and statistical methods required for microeconomics and econometrics modules. Attendance is mandatory; those who do not attend will not be admitted to the MPhil in Finance programme.
Assessment will be by written examination, project, or coursework, depending upon the nature of the particular course. Each course carries the same weighting towards the final mark. Both Corporate Finance I and II and Asset Pricing I and II count as two courses, but each is assessed by a single final exam.
Deadline for applications: 1 Mar 2015
However we recommend you apply before December.
Cambridge Trusts funding deadlines are 15 October for US applicants, 3 December for applicants from all other countries.
Funding available to our MPhil in Finance students includes University of Cambridge scholarships, Cambridge Judge Business School bursaries, ESRC funding and external scholarships.
Find out more about scholarships