Program Overview

MPhil in Finance

The MPhil in Finance is an intensive, research-focused, and advanced degree. The programme is distinctive because the electives are drawn from three Cambridge faculties the Faculty of Economics, Faculty of Mathematics, and Cambridge Judge Business School. The programme is particularly suitable for those intending to continue to a PhD at Cambridge or elsewhere. The programme also provides a strong academic background for those opting for a career in finance, but it is not designed to be a vocational programme. In the past few years, our graduates have been admitted into PhD programmes in finance and accounting at MIT, LBS, and Cambridge. Students have two options: nine taught modules, or six taught modules and a dissertation of 12,000 words.

Learning Outcomes

By the end of the course, students should have:

• developed a deep knowledge of their chosen area of Finance and of the academic debates within it;
• a conceptual understanding that enables the evaluation of current research and methodologies;
• acquired or consolidated statistical, mathematical and other skills appropriate for research in their chosen area;
• demonstrated independent judgement, based on their own research; and
• presented their own ideas in a public forum, and learned to contribute constructively within an international environment.

Continuing to PhD

If you wish to continue to the PhD after completing the MPhil in Finance, you must:

• Submit an application for the PhD
• Give a satisfactory performance at the PhD admissions interview
• Achieve a minimum average grade of at least 70 per cent in the MPhil in Finance.
• Achieve at least 70 per cent in the MPhil in Finance dissertation (if taken).

Programme Details

• Duration: 9 months full-time
• Study Mode: Taught
• Degree: Master of Philosophy
• Department: Judge Business School

Key Dates

• Applications open: September 3, 2025
• Application deadline: January 27, 2026
• Course Starts: September 1, 2026
• Funding Deadlines:
  • Course Funding Deadline: December 3, 2025
  • Gates Cambridge US round only: October 15, 2025

Admission Requirements

To be admitted to the MPhil in Finance, applicants must meet the University's admission requirements. The programme is designed for students who wish to extend their knowledge of finance or financial engineering. The programme provides research-led teaching and is particularly suitable for those intending to continue to a PhD. The degree also provides a strong academic background for those aiming for a career in finance.