FAQs about the MPhil in Finance

What is the duration of the programme?
The MPhil in Finance is a full-time, nine-month masters programme.

When does the programme start?
The programme starts with a preparatory Maths & Statistics programme from the beginning of September.

Can I work part-time while I am enrolled on the programme?
As the MPhil is a full-time programme the University does not permit you to undertake any employment whilst studying for the degree. Visit the Cambridge Students website to find out more.

Does this programme offer the option to study online?
Unfortunately, we do not offer the option of distance learning. All students are expected to reside in Cambridge while undertaking University of Cambridge full-time degree programmes.

Can I visit Cambridge Judge Business School/talk to faculty or someone from Admissions in person?
Unfortunately, due to the large number of applications we receive, it is not possible for staff to arrange meetings with individual candidates. There are, however, opportunities to meet some members of the admissions team during open days. The team is also be able to answer any queries you have via the online query form.

Do you hold “open days” for MPhil programmes?
The University of Cambridge Postgraduate Open Day is usually in November. Visit the Postgraduate Admissions Events page for more details. Cambridge Judge Business School also hosts Experience Days throughout the year. Please see our School-wide Events page for further information.

Is the MPhil in Finance a research or taught programme?
The MPhil in Finance is classified as a taught programme for HESA purposes; however, within the structure of Cambridge Judge it is part of the research-oriented programmes.

When can I apply for the 2023/24 programme?
Applications for 2023 entry will open in September 2022. You are required to apply via the Applicant Portal. Guidance is available from the Postgraduate Admissions website.

What’s the deadline for applications?
The closing date for applications is 24 February 2023. However, candidates are strongly advised to send in their applications well before this date and ideally before the University’s December funding deadline.

Please note that all supporting documents, including reference letters, should have arrived by the advertised deadline.

What are the requirements for entry into the programme?
View our minimum requirements for entry to the MPhil in Finance. The MPhil is a full-time, nine-month programme and requires the completion of any current training or education programme or release from your current institution for the duration of your study.

While checking the entry requirements please note that for any of the MPhil/MRes programmes at Cambridge Judge Business School we only accept and require two academic references.

Is there an application fee?
There is an application charge of £50. Visit the Postgraduate Admissions’ Application Fee webpage to learn more and to find out which nationals are entitled to a fee waiver.

Do you require work experience?
We do not require work experience; the MPhil in Finance is a pre-experience programme designed for those with no more than one year of work experience after their first degree. For finance professionals with a minimum of two years’ work experience who wish to develop their career in finance, we offer a post-experience Master of Finance.

Do you require a GRE/GMAT score as part of the application process?
A GRE/GMAT score is not a requirement, and it will not add any weight to the application.

Do I need to nominate a supervisor on the application form?
No, you do not require a supervisor during the submission of the application.

Can I send my application materials directly to Cambridge Judge Business School?
No. Applicants should make a formal application via the Applicant Portal available on the Postgraduate Admissions webpages. 

Visit our Applying webpage for full details on how to apply

When will I hear if my application has been successful?
Applications are considered in stages as part of a gathered field. The earliest decisions on applications are expected in January, with the majority of decisions finalised after all applications have been considered following the application deadline of 24 February 2023.

Do I have to come to Cambridge for an interview?
There are no formal interviews, although in some cases the Programme Office may contact prospective students for further information.

Which College am I likely to join?
When completing your application form you can specify two Colleges by whom you would like to be considered for membership if you are offered a place on the MPhil in Finance programme. It is possible that the Colleges you choose will not be able to offer you admission. In that case, your application will be circulated to other Colleges. This process is carried out by the Postgraduate Admissions Office and they will ensure that you receive an offer of a place from one of the Colleges once you have a conditional offer to study the MPhil in Finance. Please visit the Postgraduate Admissions’ College Membership webpage for more details.

Do I have to take an English language proficiency test?
Fluency in English is a prerequisite for our programmes. Depending on your nationality and your most recent country of study, you may be required to take a language proficiency test to show you have the necessary command of the language to get the most out of the programme. You do not need to take the test before you apply but, if you are made an offer and have not already met our English language requirements, one of the conditions of admission will be that you pass a test at the correct level. If you have already taken a test in the past, you must have achieved the minimum requirements no more than two years before the start of your programme. Visit the Postgraduate Admissions’ International Student webpages for more details.

Applicants who nearly miss the language requirement are not normally referred to the Language Centre. To fulfil the language conditions you must take again an approved English test.

Do I need a visa to study at Cambridge?
Please consult the Postgraduate Admissions’ Immigration webpage for the most up-to-date information on visa requirements. The following websites provide information on whether you will require a visa to study in the UK. These sites include information on how to obtain a visa, and the paperwork you are required to submit. Also included is the location of your nearest British Embassy or Consulate:

  • UK Visas & Immigration is the website of the Home Office department that administers visas.
  • UKCISA is a website for overseas students who wish to study in the UK.

Students who do not hold a UK or Irish passport will need immigration permission in order to come to the UK and study at Cambridge. Please visit the International Students website for further information.

What is the cost of the MPhil in Finance programme?
Please visit the Postgraduate Admissions’ Finance webpages to learn more about our programme fees.

Are the fees different for overseas students?
Yes. Please visit the Postgraduate Admissions’ Finance webpages for details.

What scholarships do you offer?
There are a range of scholarships available to our MPhil students.

Visit our MPhil scholarships webpage for details of scholarships, bursaries and loans

I have more than one year of work experience but want to continue to a PhD. Can I be considered for the MPhil in Finance?
Applicants with more than one year of work experience who wish to continue to a PhD at Cambridge Judge Business School on completion of the MPhil in Finance will be considered only if they include a 1,500-word research proposal at the time of application. The research proposal is intended to demonstrate your ability to pursue a research-oriented academic career. It should identify the key research questions, review the relevant academic literature in the area, and highlight the expected contribution to knowledge.

Those with less than one year of work experience who wish to continue to the PhD at Cambridge or elsewhere should include a 500-word mini research proposal at the time of application. Those who intend to do a PhD should also include a sentence that explains what they plan to do after completing a PhD.

No research proposal is required from students who do not expect to continue to a PhD after the MPhil.