Five tips for applying for an MFin.

Applying for an MFin? Five tips to prepare a strong application

17 March 2022

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If you’re not sure where to start, here’s a handy guide to help you with the application process. We’ve put together five tips on how to submit a competitive application.

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If you’re not sure where to start, here’s a handy guide to help you with the application process. We’ve put together five tips on how to submit a competitive application.

1. Do your research

Before starting your application, we recommend that you spend some time researching the programme to ensure that it is the right fit for you. Our website is a good place to start, and you can also register for one of our regular webinars or information sessions to find out more. Our admissions team attends many of these events, as well as hosting a monthly ‘Ask admissions’ drop-in session. Contacting alumni is also a great way to hear more about the programme from a student perspective. 

2. Get organised

Putting together a competitive application takes preparation and planning, so you’ll need to be organised and give yourself plenty of time to complete the process. Ensure that you have all the necessary documents ready, such as a copy of your degree transcript and an up-to-date CV. If you don’t have a copy of your transcript, you can normally request one from your university, but it may take several weeks to arrive. You should also check whether you meet the language requirement, as you may need to allow extra time to sit an assessment.  

3. Plan your personal statement

As part of your application, we ask you to answer three essay questions. The first essay question asks you to describe your most significant professional challenge, and the second question focuses on your most significant professional accomplishment. The third essay question or ‘personal statement’ asks you to describe your career objectives and how you feel the Cambridge Master of Finance (MFin) will help you to achieve these. We will be looking for a well-written statement that shows you have carefully thought about why you are applying to the programme.

4. Contact your referees

We require a reference from your current line manager or supervisor – or if that’s not possible, a former line manager or supervisor – a colleague you work closely with, and an academic representative from the institution where you studied your last degree. We learn a great deal about your background and potential through your references, so please select your referees carefully. They should know your strengths, and weaknesses, and be able to comment on you objectively. Applications are often delayed because references are submitted late, so make sure you contact your referees in advance to let them know they will receive an automated reference request from us.

5. Submit your application

Before submitting your application, we recommend that you carefully proof-read it to avoid any spelling or grammatical errors. We aim to read applications within three weeks, once we have received your references – you can keep track of your references in the application portal. Our final application deadline is 31 May, but we advise that you avoid leaving your application to the last minute. Admissions for the Cambridge MFin operate on a rolling basis and there are a limited number of places in the class. Once the places are filled, we will operate a waiting list.