Cambridge MFin Fees 2027/28: Tuition, Living Costs & Funding

Introduction

The Cambridge Master of Finance at Cambridge Judge Business School is a one-year programme designed for experienced finance professionals. For the 2027/28 intake, the Cambridge MFin tuition fee is approximately ₹83.17 lakh (£65,500), while the application fee is around ₹15,236 (£120). Cambridge charges the same tuition fee to UK and international students.

Apart from tuition, students need to budget for accommodation, food, transport and other living expenses. Cambridge's latest published estimate for basic living costs is approximately ₹25.22 lakh (£19,860) for 2026/27, while the 2027/28 figure is still to be confirmed. In this blog, we break down Cambridge MFin fees, living costs, payment deadlines, scholarships, costs for Indian students and the latest career outcomes.

Cambridge MFin Tuition Fees (2025/26)

The Cambridge MFin tuition fee for the 2027/28 academic year is approximately ₹83.17 lakh (£65,500). Applicants must also pay an application fee of approximately ₹15,236 (£120). Cambridge confirms that overseas students pay the same programme fee as domestic students.

The table below summarises the latest officially published Cambridge MFin fees.

The ₹1.08 crore (£85,360) figure is a planning estimate using 2027/28 tuition and Cambridge's latest published 2026/27 living-cost estimate. Cambridge has not yet announced its official 2027/28 living-cost figure.

Cambridge MFin Tuition Payment Schedule

Cambridge MFin tuition is paid in three instalments. Based on the current ₹83.17 lakh (£65,500) tuition fee, applicants should plan their funding around the following payment schedule.

Cambridge states that tuition fees are not refundable. Applicants should therefore arrange their funding before accepting the financial commitment associated with the programme.

What Does the Cambridge MFin Fee Include?

The Cambridge MFin tuition covers the academic and professional learning experience provided through Cambridge Judge Business School. The programme combines core finance courses, elective subjects, finance-focused projects and career development activities.

Students can access programme components such as financial modelling workshops, the City Speaker Series, one-to-one career coaching, job-search workshops, networking events and the Group Consulting Project. Students can also choose electives across areas such as corporate finance, quantitative finance, private equity, sustainable finance, algorithmic trading and investment management.

Additional personal costs such as travel, visas and expenses linked to optional summer activities may not be covered by tuition and should be budgeted separately.

How Much Does It Cost to Live in Cambridge?

Cambridge currently estimates basic living costs for a full-time student without dependants at approximately ₹25.22 lakh (£19,860) for the 2026/27 academic year. This is the latest official figure available, while the 2027/28 estimate is still pending.

The estimate is intended to cover basic accommodation and day-to-day living expenses. Cambridge advises students to budget separately for additional setup costs such as a laptop, mobile phone, bicycle, travel and utility expenses.

The latest available cost structure therefore looks like this:

Students should avoid treating ₹1.08 crore (£85,360) as Cambridge's final official 2027/28 total cost because the University's 2027/28 living-cost estimate has not yet been released.

Scholarships & Financial Aid

Cambridge Judge Business School gives many scholarships to support finance students from different countries. These scholarships help lower tuition fees and reward students for good grades, leadership, work experience, or diversity. Some scholarships are given automatically, while others may need an extra essay or interview. Since they are limited and very competitive, it’s best to apply early. The award amount can differ—some cover part of the tuition, while a few may cover the full cost.

Scholarships Available

• MFin Programme Scholarships: Approximately ₹6.35 lakh–₹19.05 lakh (£5,000–£15,000). These awards consider factors including financial need, academic background and the strength of the candidate's overall application.
• MFin Merit Scholarship: Approximately ₹6.35 lakh (£5,000). This scholarship focuses primarily on academic performance, professional experience and interview performance.
• Women in Finance Scholarship: Approximately ₹19.05 lakh (£15,000). Cambridge currently offers two awards for outstanding female MFin candidates who demonstrate financial need and meet the eligibility requirements.
• MFin Regional Scholarship: Approximately ₹31.74 lakh (£25,000). Two awards are available for applicants from specified under-represented regions. The current eligible-region list does not include India.
• Pembroke Fund Scholarship: Covers the full Cambridge MFin tuition fee of approximately ₹83.17 lakh (£65,500) for one eligible candidate. Applicants must demonstrate strong academic performance, relevant finance experience and the ability to cover their living expenses separately.
• Cambridge Society Bombay Scholarship Fund: Provides up to ₹2.5 lakh for eligible students domiciled in Maharashtra, Gujarat or Goa who have secured admission to the University of Cambridge.

Scholarships are competitive and can change between admission cycles, so applicants should verify the latest eligibility requirements and deadlines before applying.

What Are Cambridge MFin Fees for Indian Applicants?

Indian applicants pay the same Cambridge MFin tuition fee of approximately ₹83.17 lakh (£65,500) for 2027/28, plus an application fee of about ₹15,236 (£120). Using Cambridge’s latest published living-cost estimate of ₹25.22 lakh (£19,860), Indian students should currently budget around ₹1.08 crore (£85,360) for tuition and basic living expenses.

Indian applicants can also apply for eligible Cambridge MFin scholarships. Students domiciled in Maharashtra, Gujarat or Goa may explore the Cambridge Society Bombay Scholarship Fund, which offers up to ₹2.5 lakh in financial support.

Can Cambridge MFin Students Work Part-Time?

UK Student visa rules can allow students studying full-time at degree level or above to work for up to 20 hours per week during term time and full-time outside term time, subject to their individual visa conditions.

However, Cambridge's own guidance is more restrictive from an academic perspective. Taught postgraduate students are not expected to undertake paid employment during term time, and students who want to work during their course must obtain permission from their Faculty or Department.

Cambridge also warns taught postgraduate students not to automatically treat the summer period as a vacation because academic work may continue beyond the normal undergraduate terms. For this reason, part-time employment should not be treated as a primary way to finance Cambridge MFin fees.

Is the Cambridge MFin Worth the Cost?

The Cambridge MFin requires a substantial financial commitment, with 2027/28 tuition alone costing approximately ₹83.17 lakh (£65,500). Instead of relying on unverified salary ranges or fixed payback claims, applicants should evaluate ROI using Cambridge's latest official employment outcomes.

Cambridge's 2026 employment report covers the MFin class of 2024/25 and reports the following results:

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Conclusion

Cambridge MFin fees for 2027/28 are approximately ₹83.17 lakh (£65,500), with an additional application fee of around ₹15,236 (£120). Cambridge's latest published basic living-cost estimate is approximately ₹25.22 lakh (£19,860) for 2026/27, bringing the current planning estimate for tuition and basic living expenses to roughly ₹1.08 crore (£85,360). Since 2027/28 living costs have not yet been confirmed, students should keep additional funds available for accommodation changes, travel and setup expenses. Scholarships can reduce the cost substantially for eligible candidates, while Cambridge's latest employment report shows 94% received job offers within three months and 89% were employed within four months.