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Our requirements

Overview

Professional experience No work experience is required; in fact, as this is a pre-experience programme, applicants should normally have no more than a year of work experience (between graduation and enrolment, excluding vacation employment and internships).
Undergraduate achievement The minimum standard required is a First Class Honours or equivalent. This equates to a CGPA of 3.7/4.0.
Economics or quantitative proficiency Your first degree must have contained a significant economics or quantitative component.
English proficiency English as your native language
or
IELTS minimum overall score of 7.5, with not less than 7.0 in each element
or
TOEFL internet-based test (iBT) minimum overall score of 110, with not less than 25 in each element

Detailed requirements

Professional experience

Prior work experience is not required. Applicants should normally have no more than a year of work experience between completion of their first degree and enrolment on the MPhil in Finance (excluding vacation employment and internships).

For finance professionals with a minimum of two years' work experience who wish to develop their career in finance, we offer the post-experience Master of Finance programme.

Additional materials

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.

Undergraduate achievement

A very high standard in a degree course of equivalent level to a UK bachelors degree with honours. In most countries this is a first degree but from some countries a masters-level degree may be required. The minimum standard required is a first class honours or equivalent. This equates to a CGPA of 3.7/4.0).

English proficiency

Applicants to the programme need to be fluent in English and we assess fluency in the following ways:

  • if English is your native language.
  • or you have an IELTS minimum overall score of 7.5, with not less than 7.0 in each element. The separate components must have been taken at the same time and in the past two years.
  • or if you have a TOEFL internet-based test (iBT) minimum overall score of 110, with not less than 25 in each element.

Not yet taken a language test? Test result out-of-date or not up to the required standard? Don't worry, you don't have to include your English language test scores with your initial application documents; they can be forwarded on later in the process. If you are made an offer, one of the conditions of entry will be getting the required standard of language test score.

Economics or quantitative proficiency

A significant economics or quantitative component in their first degree (and those who wish to follow the financial engineering stream of the degree must have a high level of skill in mathematics, such as would be acquired in an undergraduate degree in mathematics or a cognate discipline).

GRE

Applicants are encouraged to take the GRE. Although this is not a formal requirement, for applicants from universities which may not be well known to members of the admissions committee, a strong GRE test result may well make a difference.

Engage with us

for admissions information and updates from CJBS's MPhil programmes.

Closing dates

Deadline for applications: 1 Mar 2018
However we recommend you apply before December.

Cambridge Trusts funding deadlines are 11 October for Gates US applicants, 6 December for applicants from all other countries.

Scholarships

Funding available to our MPhil in Finance students includes University of Cambridge scholarships, Cambridge Judge Business School bursaries and external scholarships.

Find out more about scholarships