The latest career outcome report for the Master of Finance (MFin) cohort of 2017/18 shows that 93 per cent of the class went on to secure employment or further study within three months of completing the MFin programme.
We caught up with some of our alumni from the class of 2017 to find out how they have progressed in their careers…
Markus Derenthal, originally from Germany, joined the programme in 2017 having previously worked in a financial role for an international insurance company. We spoke with Markus recently to see how his career has progressed since graduating from the programme.
“I worked as a Global Key Account Manager for a Credit Insurance
company in Germany before the MFin. However, it has always been my goal and
dream to work in the Investment Management field.
“Whilst on the programme, I was fortunate to intern for Goldman
Sachs Asset Management as part of my summer activity. I then went on to start a
full-time role at GS earlier this year and got to work on the launch of their exchange-traded
fund (ETF) business in Europe.
“Given that I hadn’t worked in this industry before, I struggled
for a long time to find a way to transition from insurance into asset
management. Without the education and coaching I received through the MFin, and
the prestige that comes with the Cambridge name, it would have taken me a lot
longer to make the move to London and get to the role I am in now, not to
mention working for Goldman Sachs.
“Many, if not most MFins in my class, came to Cambridge in search
for help to either move industries, work roles, or countries. The programme is
very much geared to help you on this journey, providing you with the necessary
knowledge and skills, career coaching, and connections to inspiring individuals
across the full spectrum of financial services. But no matter the immediate
career outcome, your time in Cambridge and being part of its unique community
will almost inevitably forever change your perception of what you can achieve
in life. Cambridge can only ever be the right choice.
” I found the careers coaching incredibly helpful because we would do things like mock interviews and CV checks. Ahead of my interview with my current company, the careers team equipped me excellently with support through things like a mock assessment centre and one to one advice.
“The MFin team were supportive if I felt I needed support in my job
search. The reassurance the team and coaches gave us throughout the year helped
me to understand the process and not feel down if I was rejected for any roles
I went for. Other students in previous classes had been through the same
process. The teams really did work to support you in every way and keep you
“I also found the Group Consulting Project, opportunities to
connect with alumni and speakers from the City Speaker Series were excellent
opportunities to learn more about ways into the industry and the potential
roles you could go into in future.”
Jesica Andrews, who is from the United
States, worked for the United Nations Environment Programme. Based in Nairobi,
Kenya she worked with Ministries of Finance and Ministries of Environment across
the developing world as an advisor on Climate Finance.
the MFin programme to gain world class expertise in project finance. Instead of
focusing on ‘green projects’ through the MFin programme, I saw the systems
change I wanted to work towards was emerging – in a few small pockets – more
rapidly than I could have hoped.
“I am now based in Geneva, Switzerland supporting initiatives with large asset owners across the globe to assess climate change-related risks and equip them with tools that will allow them to work together their investee companies to make contributions. This shifts our economies away from fossil fuel dependence to safeguard capital for future shareholders.
participated in a several career service offerings, but the real career
assistance I gained was from passing conversations with programme directors and key lecturers whose soundbites of
advice will have a lasting impact on my career. Brief interactions allowing access
to the industry’s thought leadership are the ultimate reasons for attending.
are considering changing to a different area within finance, it’s essential to
remember that the finance industry is the ultimate custodian of the world’s
capital. Large asset owners and asset managers sit at the top of the investment
chain and therefore have an important role to play in ensuring that the
industry serves both shareholders and stakeholders alike.”
Nicolae Braileanu now works as
an Investment Banking Analyst at Bank of America Merrill Lynch. Prior to the
MFin, Nicolae worked as a Markets Analyst for a UK based energy supplier.
“I feel that the MFin programme equipped
me with all the necessary skills to make a transition which I had been
attempting to make for quite a few years. My background was in energy trading
but I was trying to shift into investment banking. Although I had the financial
industry acumen, I had limited exposure to modelling and valuation techniques.
The programme structure, core courses, electives and workshops were essential
in improving my understanding of the industry and acquiring the technical
“For my summer activity I completed an
internship at the Bank of America Merrill Lynch, which I thoroughly enjoyed. I
then went on to accept a full-time opportunity with them to join the Investment
Banking Division. The knowledge I acquired through the MFin was fundamental in
“When it comes to changing your career,
think about what skills and knowledge you will be bringing to the table and put
them at the forefront of your story. Whether it is during your time at
Cambridge or during your post-programme career search, you need to emphasise
the things you know.
“It’s important to also be realistic
about the changes you are trying to make in your career. If it looks a bit too
ambitious, then be prepared to make gradual steps.
“During your time at Cambridge, you will
get all the necessary tools, but it will be up to you to use them to work your
hardest. Use the year to get the support you need from the team and the
teaching and learning opportunities to fill in those financial knowledge gaps
and you will come out the other side really prepared for your future career.
“The programme team played a central role
in helping me to switch career. They do their best to tailor each student
experience through the programme. In my case, the team provided me with the
necessary support to get exposure to relevant industry experts and connecting
me with MFin alumni.
“Speaking to the right people really
helped me to better understand the industry and what to expect during
interviews. The reputation of Cambridge and the programme opens a lot of doors
and gets you interviews, but it will be up to the candidate to do the homework
to secure those job offers.”