Master of Finance (MFin)

The Cambridge MFin is a one year, full time post experience Masters degree taught at Cambridge Judge Business School. It provides an academically rigorous and commercially relevant programme, enabling finance professionals to consolidate their existing experience and develop their future careers in finance. The programme has access to a strong network of finance practitioners and institutions to help deliver its goal of a rigorous but commercially relevant programme.  The MFin degree also comprises non-financial material which enables students to broaden their experience at Cambridge beyond finance, develop interpersonal skills and engage in various career development workshops.

Aims of the Programme

  • A rigorous and intensive training in finance for students with very strong academic qualifications and several years’ experience in professional finance;
  • Gain a rigorous grounding in the core concepts, an understanding of applied finance and the chance to integrate theory and practice.

Learning Outcomes

Students will gain a sound understanding of finance theory, financial products, financial reporting, valuation, etc., derived from a programme of core courses. Students will also acquire detailed understanding of a selection of specialist areas, such as investment management, derivatives and private equity, derived from elective courses and project work.

Students will also develop the following skills:

  • How to inform and make rational financial decisions;
  • How to cooperate with members of a team to complete group projects and presentations.


The MFin programme consists of core courses, a range of electives covering the main areas of applied finance, projects which enable the integration of theory and practice, a weekly City Speaker Series seminar and a number of summer activities.

Teaching is typically delivered through formal lectures, supported by classes and workshops, and supervised group and individual projects.

One to one supervision Supervision is offered for group and individual projects.  Supervisors will provide general academic advice to students, and subject-specific advice relating to the dissertation; students and supervisors normally meet about once a month to discuss progress, but meetings may be more or less frequent depending on the project’s progression.
Lectures Students will normally attend an average of  20 hours of  lectures per week, as well as regular guest speaker events, though this varies depending on the term and the choice of modules.
Practicals Workshops are delivered on some courses by faculty and teaching assistants from within the Finance and Accounting subject group.


As part of the summer component of the programme, students may wish to pursue an internship with a bank or financial institution. A number of internships are sourced through the programme.


Students receive qualitative and quantitative feedback on most of their assignments.  For examinations they receive quantitative feedback in line with Cambridge University regulations.





This programme does not require a thesis.


Assessment is achieved through a mix of written examinations, essays, projects and presentations. The assessment methods vary on elective courses, with some courses using a combination of methods.

Students are assessed by individual and group written assignments and presentations with a fixed word limit.

Written examination

Core courses are mostly assessed through a single examination.

Practical assessment

Students are assessed on the presentation of the Equity Research Project and the Group Consulting Project.


Students are assessed by attendance at the City Speaker Series, Management Lecture Series and Management Practice sessions.

Expected Academic Standard

Applicants for this course should have achieved a UK High II.i Honours Degree.

If your degree is not from the UK, please check International Qualifications to find the equivalent in your country.

All applicants require a minimum of two years’ graduate work experience in a finance-related role.

University Minimum Academic Requirements

Language Requirement

IELTS (Academic)

Element Score
Listening 7.0
Writing 7.0
Reading 7.0
Speaking 7.0
Total 7.5

TOEFL Internet Score

Element Score
Listening 25
Writing 25
Reading 25
Speaking 25
Total 110


Score: Grade A or B (with at least 193 in each individual element) plus a language centre assessment.


Score: Grade A, B, or C (with at least 200 in each individual element)

Will I Have A Language Requirement?

Visa Information

ATAS requirements may vary depending on your application

If ATAS clearance is required, you will be instructed to apply for ATAS when you receive your offer of admission.

When completing the ATAS application please refer to the ‘UK Immigration, ATAS‘, section of your Graduate Self-Service account for the course JACS codes.

Funding Opportunities

  • MFin Programme Scholarships
  • The Chairman’s Scholarships
  • 30% Club Scholarship
  • Central Bank Scholarship

For further information including funding deadlines, please check our website:

General Funding Opportunities

I chose the MFin because it offered the perfect blend between “need to know” finance principles with “want to know” expertise in niche topics within finance.

Tom Mather (September 2015)

I found the MFin year to be a highly rewarding and once in a lifetime experience, leaving with advanced financial and leadership skills, a strong UK financial services network and fond memories of an exceptional year in Cambridge.

Paul Kelly (September 2015)

I chose the MFin to complement and enhance my understanding of finance. Particularly, as I came into the industry from a non-financial academic background.

Not only did the MFin help me to consolidate my financial knowledge, but it also provided me with the perfect platform to asses my career and launch it in a new and exciting direction.

Max Stegner (September 2014)

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