Targeting Top Schools?
We can help improve your chances by 300%
Book a Free Session

Please screenshot this page and send it to info@mim-essay.com

close

Cambridge MS Finance Review


10 minutes

Table of Contents

    Introduction

    In the fast-paced world of finance, a master's degree can be your passport to a thriving career. If you are aspiring to join the ranks of financial elites, the Cambridge MS Finance program is a name that resonates with excellence. The University of Cambridge Judge Business School offers a Master of Finance (MFin) program that stands out for its academic prestige and industry relevance. The MS Finance program is a rigorous, one-year course designed to equip students with the knowledge, skills, and networks necessary to excel in the dynamic world of finance.

    One of the standout features of the MS Finance program is its curriculum. It's not just about numbers and calculations; it's a holistic approach to finance that incorporates strategic thinking and interdisciplinary learning. The MS Finance program is guided by an esteemed faculty composed of renowned scholars and industry experts.

    Cambridge's renowned reputation extends beyond academics. The global network offered by the University of Cambridge is a tremendous asset for graduates. With connections to a diverse community of accomplished professionals, you gain access to a vast pool of opportunities, be it in London, New York, or any financial hub across the globe.

    Tuition Fees  £55,080
    Program Length 1 Year
    Program deadline 1 September 2023 to 31 May 2024
    Application Fees £120

    Cambridge MS Finance program Class Profile

    When considering a Cambridge MS Finance program, understanding the class profile is essential to gauge the diversity and caliber of your peers. The cohort comprises an impressive 47% female students, signifying a commitment to gender parity and equal opportunity. Additionally, the program draws individuals from a remarkable 31 different nationalities, fostering a rich tapestry of perspectives and experiences.

    Perhaps one of the most intriguing aspects of the class profile is the wide range of professional backgrounds, with students possessing anywhere from 2 to 12 years of experience in the finance industry. This diversity not only adds depth to classroom discussions but also creates an environment where participants can learn from each other's varied experiences, providing a truly enriching academic journey.

    Class Size 78
    Average Work Experience  4 Years
    Women Diversity 47%
    Countries Represented  31
    Appication Fees £120


    Acceptance Rate

    There is no information on the official website of the Cambridge MS Finance acceptance rate.

    Program and Curriculum cambridge ms finance

    If you're aiming to excel in the finance sector and are curious about the opportunities a Master of Science in Finance can offer, the University of Cambridge Judge Business School's Cambridge MS Finance program stands out as an exceptional choice. This program is meticulously designed to immerse students in the complexities of the financial world, offering a rich blend of core and elective courses. The Cambridge MS Finance curriculum is tailored to ensure students gain a comprehensive and in-depth understanding of finance, preparing them for a dynamic and successful career in the field.

    Core courses

    Core courses are as follows:

    Course Title Description
    Introduction to Derivatives  A fundamental component of modern finance, to gain insights into risk management and investment strategies.
    Economic Foundations of Finance Develop a solid foundation in economic principles that underpin financial decision-making and market dynamics.
    Financial Institutions and Markets Dive into the workings of financial institutions and the dynamics of global financial markets, essential knowledge for anyone aiming to succeed in finance.
    Financial Reporting and Analysis Understand the art of financial reporting, analysis, and interpretation, crucial for making informed investment and managerial decisions.
    Principles of Finance Master the core principles of finance, including time value of money, asset pricing, and portfolio management.

     

    Electives

    Electives are as follows:

    Course Title Description
    Asian Capital Markets Explore the unique dynamics of Asian financial markets, gaining insights into the opportunities and challenges in the region.
    Blockchain and Digital Assets Understand the revolutionary world of blockchain technology and digital assets, preparing you for the future of finance.
    Mathematical Foundations of FinTech Dive into the mathematical underpinnings of financial technology, enhancing your ability to work with cutting-edge financial tools.
    Behavioural Finance Explore the psychology behind financial decision-making, helping you better understand market behavior and investor sentiment.
    Financial Entrepreneurial Acquisitions Learn the ins and outs of acquiring and managing financial ventures, making you well-equipped for entrepreneurship in the financial sector.

     

    Scholarships

    Furthermore, you can also check out the Scholarships - Mfin Programme | Cambridge.

    • Saïd Foundation Scholarship
    • Skye Foundation Postgraduate Scholarship
    • The MFin Women in Finance Scholarship (£15,000)
    • MFin Programme Scholarships (Usually ranging from £5,000 to £15,000)
    • Chevening Scholarships

    Clubs and associations

    Clubs and associations are as follows:

    • Cambridge APAC Business Association (CABA)
    • Cambridge Africa Business Network (CABN)
    • Cambridge Investment Management Club
    • Cambridge Japan Business Club (CJBC)
    • Cambridge North America Business Network (NABN)


    Eligibility and Requirements

    Are you aspiring to embark on a transformative journey in finance through the renowned university of Cambridge MSC finance program? The Cambridge MS Finance program seeks to attract a diverse cohort of students who demonstrate both academic rigor and practical experience. These eligibility and admission requirements are designed to ensure that the program maintains its high academic standards and provides an enriching educational experience. 

    Eligibility

    • The MS Finance program seeks students who have demonstrated academic excellence. To be eligible, you should have a high UK 2:1 or an equivalent in your Bachelor's degree. It's worth noting that candidates from any degree subject background are potentially eligible, emphasizing the program's inclusivity and the diverse perspectives it welcomes.
    • Candidates are expected to bring a minimum of 2 years of graduate work experience in a core finance or finance-related role to the program. This requirement ensures that the cohort is composed of students who are not only academically strong but also bring practical insights and experience to the classroom discussions.
    • The MS Finance program values key competencies, including numeracy, problem-solving, reasoning, and negotiation skills. These competencies are integral to thriving in the finance industry and are highly sought after by employers. As an applicant, showcasing your proficiency in these areas is crucial.

    Application fees 

    To begin the application process, you'll need to submit an application fee of £120. This fee covers administrative costs related to processing your application. Be sure to complete this step to initiate the admission process.

    Document related to the application

    • Comprehensive CV- As part of your application, you are required to provide a comprehensive CV. This document should highlight your educational background, work experience, achievements, and any additional relevant information that can showcase your suitability for the program.
    • Three References- References play a vital role in your application. You'll need to provide three references for your MFin application:
      A professional reference from your line manager or supervisor: This reference should highlight your professional competencies and achievements in your current or previous roles.
      A peer reference from a team member or colleague: This reference offers insights into your teamwork, collaboration, and interpersonal skills.
      An academic reference: This reference provides information about your academic qualifications and aptitude for the program.
    GPA needed A 3.6 GPA is required for Cambridge MS Finance.
    GMAT needed While a GMAT score is not mandatory, it can be helpful if you have concerns about your academic qualifications meeting the required level, particularly if your degree is in a non-finance-related subject. It can be an additional tool to strengthen your application.
    GRE needed Although a GRE score is not essential, it can be useful if you are unsure whether your academic credentials are at the necessary level, especially if your degree is in a field unrelated to finance. It might be another tool you use to make your application stronger.
    Is IELTS needed for Cambridge Mfin? IELTS: A score of 7.0 with no less than 7.0 in Speaking, Listening, and Writing, and 6.5 in Reading.
    TOEFL: A score of 100 with no element below 25.
    CAE: A minimum score of Grade A.
    CPE: A score of Grade A, B, or C, with a minimum score of 200 and no element below 185.

    Cambridge MS Finance program Deadlines

    When it comes to securing a spot in the highly sought-after Cambridge MS Finance program, timing is crucial. The University of Cambridge Judge Business School accepts applications on a rolling basis, emphasizing the importance of applying as early as possible to maximize your chances of joining the Class of 2024.

    Applications are open from 1 September 2023 to 31 May 2024.

    Cambridge MS Finance Admission process

    The Cambridge Application Process - Mfin typically involves several stages, including an Submit Application, an interview, and a final decision.

    • Submit Application- The first step is to complete and submit your application online. This involves providing detailed information about your academic background, work experience, and your motivation for pursuing the program.
    • Standardized Tests- While a GMAT or GRE score is not mandatory, it can be beneficial, particularly if you are concerned about your academic qualifications meeting the program's required level, especially if your undergraduate degree is not in a finance-related subject. Keep in mind that English language proficiency tests like IELTS, TOEFL, CAE, or CPE might be necessary for non-native English speakers.
    • Interview- If your application is shortlisted, you may be invited for an interview. 
    • Decision- After the interview, the admissions committee will carefully review your application and interview performance.
    • Acceptance- Once you receive an offer of admission, you can choose to accept it and officially join the Cambridge MS Finance program. This marks the beginning of your transformative academic journey.

    Employment And Placement

    The Cambridge MS Finance program not only provides an enriching academic experience but also serves as a launchpad for remarkable Cambridge career transformations. The high placement rates, rapid employment, substantial salary increases, and the program's capacity to facilitate career shifts make it a prime choice for aspiring finance professionals looking to make a significant mark in the industry.

    Placement Statistics The Cambridge MS Finance program boasts an impressive placement rate of 96%, reflecting its commitment to nurturing top finance talent. This remarkable statistic indicates that the majority of students secure coveted positions in leading financial institutions shortly after completing the program. It's a testament to the program's rigorous curriculum, dedicated faculty, and the strength of the University of Cambridge's global network. 
    Employment report The employment report for the  MS Finance program is nothing short of impressive. An astounding 73% of graduates report a significant average salary increase post-MFin, highlighting the immediate return on investment this program offers. Additionally, 83% of graduates transition to entirely different industry sectors, a testament to the comprehensive nature of the program's curriculum and its ability to equip students with a wide array of skills that are in high demand across various sectors.

    Top Sectors Hiring 

    The university of Cambridge MSC finance program not only equips you with a strong foundation in finance but also opens doors to top recruiting sectors. Pursuing the MS Finance program can be your key to a rewarding career in these sought-after sectors, where your expertise is highly valued.

    Companies recruiting from Cambridge MS Finance

    Various sectors recruit for MS Finance graduates, but finance is the one that demands more. Here is the list:

    Technology Finance
    Macquarie Group PwC
      Goldman Sachs
      CICC (China International Capital Corporation)

    Cambridge MS Finance program Alumni Info

    cambridge ms finance

    The Cambridge MS Finance program at the University of Cambridge Judge Business School is not just a gateway to a promising finance career; it's also a stepping stone to a global community of accomplished 12,000+ alumni.

    Some Famous Alumni

    • Juncheng ShenNa - Global graduate analyst and corporate relationship manager at HSBC
    • Shreya Sharda - Led NEOM in Saudi Arabia
    • Wildan Aprian Wihasanto - Employee at Boutique investment Bank
    • Prabhu Lenka - Strategic projects for the CRO office


    Application Essay 

    The Cambridge MS Finance program is renowned for its rigorous academic standards and ability to groom future financial leaders. As part of your application, you'll be required to submit a personal statement or application essay that serves as a window into your aspirations and motivations.

    cambridge ms finance

    Essay 1 Write a Personal Statement describing your career objectives. (500 Words)

    Letter of Recommendation 

    As you start on your journey to join the esteemed Cambridge MS Finance program, there's a vital aspect of your application that can significantly influence the admissions committee's decision—the letter of recommendation. For this program, you'll be required to provide three references as part of your application: a professional reference from your line manager or supervisor, a peer reference from a team member or colleague, and an academic reference. 

    1. Professional Reference

    • Choose someone who can provide specific examples of your accomplishments and skills.
    • Discuss your career progression, leadership abilities, and your impact on the organization.
    • Emphasize any financial projects you've been part of and how your contributions were instrumental.

    2. Peer Reference

    • Select someone who has worked closely with you and can provide insights into your professional relationships.
    • Discuss instances of successful collaborations, problem-solving, or leadership within a team.
    • Highlight how your teamwork and interpersonal skills contribute to a positive work environment.

    3. Academic Reference

    • Provide information about your academic achievements, including any relevant coursework in finance or related fields.
    • Discuss your intellectual curiosity, research skills, and your ability to grasp complex financial concepts.
    • Emphasize how your academic background aligns with your desire to excel in the university of Cambridge MSC finance program.

    Interview Questions 

    cambridge ms finance

    Being accepted into the Cambridge MS Finance program is an impressive accomplishment, and the interview process is very important in selecting participants in this prestigious academic journey.  Here are few sets of questions that would help you in your university of Cambridge MSC finance interview.

    Set 1

    1. Could you introduce yourself briefly yourself?
    2. What draws you to the Cambridge MS in Finance program?
    3. What made you opt to work in finance?
    4. How do your professional and educational backgrounds compare to your goals in finance?
    5. Describe your immediate and long-term professional objectives.
    6. What academic and professional goals can the Cambridge MS Finance program help you to achieve?
    7. Could you briefly describe any noteworthy academic coursework or projects?
    8. How do your academic accomplishments align with your dedication to money?
    9. Can you talk about any financial endeavors or difficulties you've had in your career?
    10. What abilities and knowledge have you gained through your employment?

    Set 2

    1. What recent financial development or trend attracted your attention?
    2. What financial magazines or websites do you read to stay current?
    3. What effect do you think emerging technologies, like blockchain, will have on the financial sector?
    4. What features of the Cambridge MS Finance program drew you to submit an application?
    5. What contributions do you hope to make to the program's culture and community?
    6. What do you see as your biggest assets, particularly when it comes to finances?
    7. How do you handle moral conundrums in the finance industry?
    8. What aspects of your background or experiences abroad have influenced the way you see finances?
    9. Can you describe a scenario in which you interacted with people from various ethnic backgrounds?
    10. Could you talk about a difficult scenario you faced in your profession and how you handled it?

    What Makes University of Cambridge Mfin Unique

    Master's in Finance is a pivotal moment in one's academic and professional journey. With a multitude of programs available worldwide, choosing the right one can be a challenging decision. One program that undoubtedly stands out is the university of Cambridge MSC finance, offered by the prestigious University of Cambridge Judge Business School. What sets this program apart and makes it truly unique?


    1. Academic Excellence and Global Recognition- One of the standout aspects of the Cambridge MS Finance program is its affiliation with the University of Cambridge, known for its academic excellence and centuries-old tradition of producing outstanding scholars. The degree carries a weight of global recognition, a testament to the rigorous academic standards maintained by the institution.
    2. Customizable Curriculum- The program offers a highly customizable curriculum, allowing students to tailor their educational experience to align with their career goals. With a wide range of core courses and electives, students can delve into areas such as financial technology, investment management, or behavioral finance, ensuring they gain expertise in their chosen fields.
    3. World-Class Faculty- The faculty at the University of Cambridge Judge Business School is a remarkable blend of accomplished academics and seasoned industry professionals. Students benefit from the expertise of professors who not only possess a deep understanding of their subjects but are also actively engaged in the financial world.
    4. Global Network- The MS Finance program provides students with access to an extensive global network of alumni and professionals. This network opens doors to opportunities and connections in the finance industry across the world. Whether you're seeking career guidance or looking for potential job openings, this network is an invaluable resource.
    5. Real-World Experience- In addition to classroom learning, the program places a strong emphasis on real-world experience. Students have opportunities to work on live financial projects, intern with leading financial institutions, and gain hands-on experience that is essential for success in the finance field.

    Conclusion

    The Cambridge MS Finance program stands as a pivotal step in a transformative journey for those dedicated to excelling in finance. It's more than just an academic endeavor; it's a gateway to becoming part of a global network of finance leaders. As one of the leading MFin colleges in UK, Cambridge provides students with essential skills, knowledge, and connections critical for thriving in the competitive finance sector.

    Know Your Author
    Photo of Rohit
    Rohit Rajaram
    Study Abroad Expert
    Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
    Does admittance require a GMAT or GRE score?

    Although a GMAT or GRE score is not essential, it can be useful if you are unsure that your academic credentials reach the necessary standard, particularly if your degree is in a field unrelated to finance.

    What major subjects make up the Cambridge MS Finance curriculum?

    Behavioral finance, financial entrepreneurship, investment management, and a wide range of other finance-related topics are all included in the curriculum. In order to concentrate in their areas of interest, students might select electives.

    Are there any chances for financial initiatives or research during the course of the program?

    Yes, as part of the curriculum, students have the chance to work on real-world projects and conduct financial research. These encounters aid in the development of knowledge and useful abilities.

    Does Cambridge have a finance major?

    Financial matters are at the heart of every business and every business requires a strong financial team. Cambridge College Global offers the degree of Bachelor of Science in Business Administration with a concentration in Finance which will prepare students to be a value-added addition to any company's finance team.

    You may also like these Blogs