
Top MEM Schools in UK: Your Guide to the Best Programs for 2025
Top MEM Schools in UK: Your Guide to the Best Programs for 2025Looking to blend your engineering background with busine…
Table of Contents
Category | Details |
Program Name | Master of Finance (MFin) |
School | Cambridge Judge Business School, University of Cambridge |
Program Duration | 1 year (Full-time) |
Format | In-person, intensive, experience-focused |
Location | Cambridge, United Kingdom |
Class Size | Approximately 60–70 students |
Work Experience Required | Yes – minimum 2 years (average 7 years) |
Tuition (2024/25) | £59,000 |
Application Rounds | Rolling admissions with 5 rounds (final deadline in May) |
Average Age | 30 years |
STEM Designation | No official STEM designation |
Employment Rate (3 months post-graduation) | 91% |
Average Salary | ~£85,000–£100,000 |
Top Employers | Goldman Sachs, Morgan Stanley, HSBC, PwC, BlackRock, Credit Suisse |
Scholarships | Merit-based and diversity-focused scholarships available |
The Cambridge Master of Finance (MFin) is a one-year program for people who already have work experience in finance. It’s offered by Cambridge Judge Business School, part of the famous University of Cambridge in the UK.
This program is not for beginners. Most students have worked in finance for a few years — in jobs like banking, investing, or consulting. It’s made for professionals who want to learn more, grow their careers, or switch to a new area in finance.
At Cambridge, students learn not just from books, but also from real-world projects, guest speakers, and team work. It’s a full-time, hands-on program that helps students become leaders in the finance world.
There are many reasons why people choose the Cambridge MFin:
The program mixes classroom learning with real business cases and projects, helping you build skills that are useful in top finance jobs.
Cambridge Judge Business School wants to support more women in the finance world. That’s why they started a Women in Finance initiative.
Here’s what they offer:
Cambridge believes that finance should include people from all backgrounds — and that more women leaders make the finance industry better.
The Cambridge MFin is one of the top finance programs in the world. It’s well-known for its quality, strong teaching, and the success of its graduates.
Each year, different organizations rank finance programs based on things like jobs after graduation, how much students earn, and how strong the program is. The Cambridge MFin regularly ranks in the top 10 in the world for Master of Finance programs.
Ranking Source | Latest Position |
Financial Times (Global MFin ranking) | Top 10 worldwide (among post-experience finance programs) |
QS Business Master’s Rankings | One of the top-ranked finance programs in the UK |
Cambridge University Reputation | Ranked among the top 5 universities globally |
These rankings show that employers trust the program, and that students who graduate from it do very well in their careers.
Many companies in banking, consulting, and finance know about the Cambridge MFin. When employers see “University of Cambridge” on a résumé, they know the candidate has strong skills, professional experience, and has learned from top professors.
Graduates from the program work at places like:
This strong reputation means students have a better chance of getting great jobs after graduation — not just in the UK, but all over the world.
The Cambridge MFin brings together a small group of students from around the world. These students have different backgrounds but all share one goal — to grow their careers in finance.
The class is small, so students get more attention from teachers and more chances to speak and work with each other. Most students already have jobs in finance before joining the program.
Feature | Details |
Class Size | About 65 students |
Average Age | 30 years |
Work Experience | Minimum 2 years (average is 7 years) |
Countries Represented | 30+ nationalities |
Women in the Class | About 30–35% |
Backgrounds | Banking, asset management, consulting, fintech, accounting |
Students come from all over the world, so you get to learn with people who have different ideas, cultures, and finance experience.
Cambridge does not require GMAT or GRE, but you can send your score if you want to make your application stronger.
Requirement | Details |
GMAT/GRE | Not required, but average GMAT (if submitted) is around 680 |
GPA | No official cutoff, but strong academic records are expected |
English Test | Required if your degree wasn’t taught in English (IELTS 7.5 or TOEFL 110 recommended) |
At Cambridge, every student belongs to a college — a smaller community within the university. MFin students can choose their preferred college when they apply.
Some popular colleges for finance students include:
College Name | Why Students Choose It |
St. Edmund’s College | Great for mature and international students |
Hughes Hall | Friendly for postgraduates and professionals |
Sidney Sussex | Close to Judge Business School |
Queens’ College | Beautiful campus and central location |
Each college offers housing, dining, and community events — it’s a big part of student life at Cambridge.
Getting into the Cambridge MFin is not easy — it’s a competitive program. Cambridge looks for students who have strong academic records, good work experience, and a clear reason for wanting to study finance.
The acceptance rate is estimated to be around 15–20%, which means only about 1 in 5 applicants gets in.
Admissions Detail | Info |
Estimated Acceptance Rate | 15–20% |
Number of Applicants | Around 600+ per year |
Class Size | About 65 students |
Work Experience Needed | Minimum 2 years (average is 7 years) |
Who Gets In? | Strong academic background + real finance experience |
Cambridge doesn’t just want smart students. They want people who have already worked in finance and can add value to class discussions.
The MFin uses rolling admissions, which means applications are reviewed as they come in. There are 5 rounds, and the earlier you apply, the better.
Application Round | Deadline |
Round 1 | September |
Round 2 | November |
Round 3 | January |
Round 4 | March |
Round 5 (Final) | Early May |
Tip: Apply by January or earlier if you want to improve your chances and apply for scholarships.
The Cambridge MFin is a one-year program with a mix of required courses, electives, and practical projects. Everything is designed to help students grow their finance skills and apply what they learn to real jobs.
Every student takes a set of core courses. These are the foundation of the program and cover the most important parts of finance.
These courses teach you how companies raise money, invest, and manage risks. You also learn how markets work and how financial data is used to make decisions.
While there are no formal “tracks,” students can choose electives to focus on areas like:
Focus Area | Example Topics |
Financial Analysis | Financial Modelling, Equity Valuation |
Investment Banking | Mergers & Acquisitions, Corporate Restructuring |
Risk Management | Derivatives, Credit Risk, Financial Regulation |
Students can choose from a wide range of elective courses to match their interests and career goals.
Electives allow students to go deeper into the topics they care about most.
Learning at Cambridge is not just about sitting in a classroom. The program includes:
This hands-on style helps you practice what you learn, not just read about it
Cambridge students have access to world-class resources, including:
These resources support both classroom learning and your final project or researc
The program is intense, but it’s also designed to change how you think and work in finance. In one year, you:
Many students say the Cambridge MFin was a life-changing year that helped them move into better jobs, new countries, or even new industries.
Studying at Cambridge is a big investment, but the university also offers scholarships and funding support to help strong students afford the program.
The tuition fee for the Cambridge MFin (2024–2025) is:
Item | Cost |
Tuition Fee | £59,000 |
Estimated Living Expenses (for 1 year) | £15,000 – £20,000 |
Total Estimated Cost | £74,000 – £79,000 |
Living costs include housing, food, transport, and personal spending. The cost depends on your lifestyle and college accommodation.
Cambridge Judge Business School offers a number of scholarships based on merit, background, and experience. You don’t need a separate application for most scholarships — you are automatically considered when you apply.
Scholarship Name | Who Can Apply | Amount |
Cambridge MFin Scholarship | All applicants (based on merit) | Up to £15,000 |
Women in Finance Scholarship | Female applicants | Variable |
Diversity & Inclusion Awards | Applicants from underrepresented groups | Variable |
College Scholarships | Offered by individual Cambridge colleges | Varies by college |
Tip: Apply early. Scholarship funds are limited and are often given in the earlier application rounds.
The Cambridge MFin is designed to help students get better jobs in finance. Whether you want to switch roles, move up in your career, or work in a new country, the school provides strong career support to help you succeed.
Most students find good jobs within three months after finishing the program. Many go into banking, asset management, consulting, or fintech.
Placement Rate | Within 3 months of graduation: 91% |
Average Salary | £85,000 – £100,000+ |
Top Hiring Regions | UK, Europe, Asia, Middle East |
Typical Roles | Investment Analyst, Finance Manager, Consultant, Risk Analyst |
Graduates work at well-known finance companies and banks around the world. Here are some of the top employers:
Sector | Companies |
Investment Banking | Goldman Sachs, J.P. Morgan, Morgan Stanley |
Consulting | McKinsey & Company, Bain & Company, EY |
Asset Management | BlackRock, Fidelity, UBS |
Technology & Fintech | Amazon, Revolut, Bloomberg |
Corporates | BP, Shell, Unilever |
Cambridge offers personal career help during the program. The Career Development team helps students:
Students also take part in a Global Consulting Project, where they work with real companies on real problems — a great way to get experience and impress future employers.
Getting into the Cambridge MFin program takes planning and preparation. The school looks for smart, motivated people who already have experience working in finance. Here’s how the process works.
You’ll need to write a Statement of Purpose (SOP) or personal statement as part of your application. This is your chance to explain why you want to study at Cambridge, what your career goals are, and how this program will help you.
If your application is strong, you may be invited for an interview. This usually happens online. The interview helps the school understand your motivation, communication skills, and career goals.
There are many finance programs around the world, but the Cambridge MFin stands out because of its strong reputation, practical learning, and powerful global network.
Cambridge has deep ties to the finance world. Big companies know and respect the MFin program. Many employers come to campus to meet students, give talks, and recruit.
These opportunities help students build skills and connect with future employers while still studying.
The Cambridge MFin is not just about textbooks. The program helps you use what you learn in real business situations.
This hands-on style makes sure you're job-ready when you graduate.
When you graduate from Cambridge, you join a global network of alumni — people who studied at Cambridge and now work around the world.
Being part of the Cambridge network is something that helps throughout your career, not just after graduation.
Thinking about applying to the Cambridge MFin? Here are the best links and tools to help you learn more, connect with others, and plan your next steps.
This is the main page with all the latest details about the Cambridge MFin, including curriculum, deadlines, and how to apply.
Cambridge MFin Official Website