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The Cambridge Master of Finance (MFin) at Judge Business School is a one-year, full-time program designed for professionals with prior finance experience. It blends rigorous academics with practical projects, offering students a strong career boost in the global finance industry.
When it comes to Cambridge MFin Fees, the 2025/26 tuition is set at £60,000, with an additional £19,860 estimated for living expenses. Students also benefit from scholarships, which supported 14% of the Class of 2025/26, along with other funding sources like employer sponsorship and personal savings.
Cambridge MFin Tuition Fees (2025/26)

The Cambridge MFin is a premium, one-year program that blends academic depth with real-world finance exposure. As expected from a world-class university, the financial investment is significant, and students need to plan their finances carefully.
For the academic year 2025/26, the tuition fee is £57,850. This fee applies to all students, regardless of whether you are from the UK, India, or any other country. Cambridge does not differentiate based on nationality or residence when it comes to tuition.
Additionally, every applicant is required to pay a £120 application fee, which is non-refundable. This fee must be submitted along with the online application form.
Cambridge MFin Tuition Payment Schedule
| Payment Stage | Amount | Due Date |
|---|---|---|
| 1st Installment | 10% of the tuition fee | Within 1 month after receiving the conditional offer |
| 2nd Installment | 20% of the tuition fee | By 1 June or upon receiving the unconditional offer (whichever is later) |
| Final Installment | Remaining 70% | By early September (before the program begins) |
Please note:
- All payments must be completed by their due dates. Late payments may result in the withdrawal of the offer or inability to enroll.
- Deposits and tuition fees are non-refundable, even if you later decide not to attend.
Summary Points:
- Total Tuition Fee: £57,850
- Application Fee: £120 (non-refundable)
- Same tuition applies to both domestic and international students
- Tuition is paid in 3 installments: 10%, 20%, and 70%
This structure ensures that students commit early while also giving them some time to arrange funds gradually. Planning your finances around these deadlines is key to avoiding last-minute stress and maintaining your admission status.
Where Your Tuition Actually Goes
Your investment in Cambridge MFin includes:
- Highly experienced faculty and practitioner-led instruction
- Access to Bloomberg, Refinitiv, and other financial data tools
- Global Consulting Project and group simulations working with real firms
- City Speaker Series with leading finance professionals
- Dedicated Career Services offering CV workshops, individual coaching, and recruitment events
- Exclusive alumni networking access to Cambridge global finance leaders
Cost of Living in Cambridge Mfin

Living in Cambridge, one of the UK’s top university cities, offers a stimulating academic and social experience but it comes with a moderate cost. Along with Cambridge MFin Fees, students should prepare for the annual living expenses on top of the tuition fee to manage their finances effectively.
According to Cambridge Judge Business School, the estimated cost of living for a full-time MFin student is around £19,020 per year. This estimate includes key day-to-day expenses like housing, food, transport, utilities, and basic bills. However, it does not cover setup costs such as buying a laptop, bike, or kitchen essentials if you're moving from abroad.
Total Estimated Cost (Including Tuition):
| Expense Type | Estimated Annual Cost |
|---|---|
| Accommodation | Included in £19,020 |
| Food, utilities, transport | Included in £19,020 |
| Set-up costs (e.g., laptop, bike) | Additional (varies per student) |
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 Scholarship Covers up to £25,000 (~45% of tuition); awarded for academic merit and professional achievement.
- Academic Excellence Scholarship Offers up to £10,000; for students with an exceptional academic background.
- MFin Social Impact Scholarship provides up to £15,000; for candidates with experience in NGOs or social enterprises.
- Women in Finance Scholarship Awards up to £15,000; open to female applicants with strong finance leadership potential.
- MFin Africa Regional Scholarship offers up to £15,000; for students fro m African countries.
- MFin Asia Regional Scholarship Grants up to £15,000; for applicants from Asian countries.
- MFin Latin America Regional Scholarship Provides up to £15,000; for candidates from Latin America.
- MFin European Excellence Scholarship – Covers up to £15,000; for high-achieving students from Europe.
- MFin LGBTQ+ Scholarship – Offers up to £10,000; available for self-identifying LGBTQ+ applicants.
- MFin Military Veterans Scholarship – Grants up to £10,000; for applicants with prior military service.
Visa Rules & Work Permissions
If you're planning to take up part-time work while studying for your Cambridge MFin, it's important to understand and follow UK visa regulations. Since the total cost of studying at Cambridge is substantial, many international students explore part-time jobs to help with living expenses. The rules are clear but must be followed carefully.
- You can work up to 20 hours per week during term time if you’re on a valid UK Student Visa.
- During official university holidays, you are allowed to work full-time.
- Part-time jobs, internships, and work placements are allowed, provided they stay within these limits.
- You must be enrolled full-time in the Cambridge MFin and hold a valid Student Visa.
- Certain types of work are not permitted, such as working as a professional athlete, sports coach, or entertainer.
The UK minimum wage for students aged 21 and above starts at £11.44 per hour (as of April 2024), though skilled roles often pay more.
Following these rules is essential to avoid any issues with UK immigration. Cambridge also has a dedicated visa and compliance team that you can reach out to if you’re unsure whether a job opportunity fits within the permitted guidelines.
ROI: Career Outcomes & Payback

Paying nearly £74,000–£79,000 for a one-year master’s degree might feel like a big stretch but with the Cambridge MFin, it’s not just a cost; it’s an investment in your future. Understanding Cambridge MFin Fees is important, as the program is designed for experienced finance professionals aiming to accelerate their careers globally.
With strong placement rates, high starting salaries, and access to elite recruiters, the return on this investment can be both fast and significant. If you're looking to switch geographies, roles, or industries, the Cambridge MFin gives you the tools, network, and credibility to do it all within just 12 months.
Here’s what the return on investment looks like:
- 91% of MFin graduates secure full-time jobs within 3 months of graduating.
- Starting salaries typically range from £85,000 to £100,000, often more with bonuses.
- Over 90% of students switch either their country, industry, or job function—a huge career leap.
- Alumni land roles at top firms like Goldman Sachs, BlackRock, HSBC, Bain & Company, and McKinsey.
- Many students recover their entire investment—fees plus living costs—within 2–4 years, especially if working in London or other financial hubs.
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Conclusion
Pursuing the Cambridge MFin is a major financial commitment, but it offers strong returns for students serious about building a global finance career. With a tuition fee of £57,850 and living expenses of around £19,020, total costs can reach up to £79,000. However, generous scholarships and strong post-graduation outcomes like average salaries of £85,000–£100,000 and 91% placement within three months make it a worthy investment.
If you're aiming for top finance roles and want access to elite networks, career support, and global employers, the Cambridge MFin provides a solid launchpad. Early financial planning and timely applications, especially in early rounds, can maximize your chances of securing scholarships and preparing effectively for your time at Cambridge.