QS Rank:

5

University of Cambridge

Cambridgeshire
,United Kingdom

Program Name
MPhil in Finance and Economics
Overview

The MPhil in Finance and Economics program at the University of Cambridge is a premier master's degree designed for students who aspire to gain in-depth knowledge and expertise in financial economics. This program is meticulously structured to provide an advanced understanding of the complex interrelations between financial markets, economic policies, and global economic systems. Students will engage with the latest theoretical frameworks and empirical research, preparing them to tackle real-world challenges in finance and economics.
The curriculum is rich and diverse, featuring courses such as Microeconomic Theory, Macroeconomic Analysis, Financial Markets, and Econometrics. These foundational courses will form the backbone of students' learning experiences, equipping them with analytical tools and methodologies crucial for success in the finance industry. Students will also have the opportunity to delve into specialized electives, which may include areas like Behavioral Finance, Risk Management, and International Finance. This eclectic mix of core and elective courses ensures that graduates are not only well-rounded but also possess specialized knowledge tailored to their career aspirations.
Faculty expertise is another standout feature of the program. The faculty at the School of Humanities and Social Sciences consists of leading scholars and industry experts who are committed to fostering an engaging learning environment. Students will benefit from their professors' research insights and practical experiences, enhancing their understanding of theoretical concepts through real-world applications. The teaching methodology emphasizes interactive learning, with a focus on seminars, workshops, and group projects that encourage student participation and collaboration.
The University of Cambridge is renowned for its extensive research opportunities, providing students with access to state-of-the-art facilities, libraries, and resources. Students are encouraged to engage in independent research projects and collaborate with faculty on ongoing research initiatives. This hands-on experience not only bolsters their academic credentials but also enhances their employability by demonstrating their ability to conduct significant research in the field. Additionally, the university's strong emphasis on research will allow students to develop their own unique perspectives and insights into complex economic issues.
The program also boasts robust industry connections, offering students valuable networking opportunities with leading financial institutions and organizations. The university's career services team actively supports students in securing internships and job placements, providing guidance on resume building, interview preparation, and job search strategies. Graduates of the program have successfully transitioned into various roles in sectors such as banking, finance, consulting, and academia. Typical job roles include Economist, Financial Analyst, Investment Banker, Quantitative Analyst, and Consultant, among others. The average starting salary for graduates is impressive, with the median base salary reported at approximately £55,000, showcasing the program's effectiveness in paving the way for lucrative career pathways.
Alumni success stories serve as a testament to the program's outstanding reputation. Graduates have gone on to work in prominent organizations and have made significant contributions to the fields of finance and economics worldwide. Many alumni have shared their experiences of how the rigorous academic training and supportive environment at the University of Cambridge have enabled them to achieve remarkable career advancements. These testimonials underscore the transformative impact of the MPhil in Finance and Economics program.
In conclusion, the MPhil in Finance and Economics at the University of Cambridge is an exceptional choice for students who are serious about pursuing a career in finance or economics. With a rigorous curriculum, distinguished faculty, and unmatched research and networking opportunities, this program offers a comprehensive educational experience that is designed to equip students for success in a competitive global economy.
Why Study Finance and Economics at University of Cambridge
- A popular choice for international students with a diverse community, creating a rich cultural and academic environment.
- Learn from top-tier faculty members, many of whom are leading researchers in their respective fields, offering students opportunities to assist in groundbreaking research.
- Access to cutting-edge laboratories and research facilities that support innovative practical learning experiences.
- Comprehensive career support and outstanding placement programs, ensuring a high rate of successful job placements upon graduation.
- Opportunities for internships and networking with influential industry leaders, enhancing both practical experience and employability.
- An established alumni network that provides ongoing support and connections in the finance and economics sectors.
Admission to the MPhil in Finance and Economics program is competitive and requires prospective students to meet certain eligibility criteria. Applicants must possess a strong academic background, typically with a first-class or upper second-class degree from a recognized institution. Additionally, candidates must submit a comprehensive application package that includes official transcripts, a resume, and academic letters of recommendation. English language proficiency is essential, with minimum scores of 7.5 in IELTS or 110 in TOEFL required for non-native speakers.
The program spans 11 months, offering an intensive yet rewarding academic experience. With a focus on both theoretical knowledge and practical application, students will emerge ready to make significant contributions to the finance and economics sectors.

Duration
11 Months

Median Salary
$55,000
Ranking
#5
The World University Rankings
#5
QS World University Rankings
Class Profile

Class Size
20

Average Age
25

Average Work Experience
2 Years
Diversity
Africa:
1%UK:
67%Asia:
5%Others:
5%Oceania:
2%Europe:
13%North America:
7%Career Outcomes

Median Earnings After Graduation
$55,000 / year
Prospective Job Roles
Economist
Financial Analyst
Investment Banker
Quantitative Analyst
Researcher
Analyst
Consultant
Trader
Top recruiters












Eligibility Criteria
English Proficiency Tests
IELTS
7.5
TOEFL
110
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Transcript
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$33,825 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
Gates Cambridge Scholarships
Cambridge Commonwealth, European and International Trust Scholarships
Wolfson Merit Awards
FAQs
A student can complete Finance and Economics at University of Cambridge with in 11.
The application fee to pursue Finance and Economics at University of Cambridge is GBP 75 for international students.
The annual tuition fee to pursue Finance and Economics at University of Cambridge is GBP 33825.
The submission of these scores mainly depends on the type of degree/ course selected at the University of Cambridge. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Cambridge requirements before submitting a score.
Finance and Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of University of Cambridge, they can easily pursue Finance and Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at University of Cambridge can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Cambridge website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of Cambridge by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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