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FAQs about the MPhil in Finance

Back to 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 in mid-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.

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 2021/22 programme?
Applications for 2021 entry will open on 1 September 2020. 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 25 February 2021. However, candidates are strongly advised to send in their applications well before this date and ideally before the University’s December funding 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.

Is there an application fee?
There is an application charge of £70. 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?
We do not accept GMAT. 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. When a GRE score is submitted, a minimum score of 780 in the quantitative section is expected. For new GRE scores, the Committee would expect to see the same high percentile, i.e. not below the 80th percentile in all categories.

Applicants who wish to submit a GRE test score should upload an electronic copy of their test report via the Applicant Portal.

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 2021, with the majority of decisions finalised after all applications have been considered following the application deadline of 25 February 2021.

Do I have to come to Cambridge for an interview?
There are no formal interviews, although in some cases the programme director 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.

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.

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?
Yes, but you will be considered only if you 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 PhD aspirations who have less than one year of work experience should include a 500-word mini research proposal when they apply for admission to the MPhil in Finance.