Master of Finance

What is a Master of Finance? - The Master of Finance course covers the theoretical principles of modern finance and covers the principles of financial economics. Although the course can be done on its own, having a basic understanding of statistics, microeconomics, and finance is helpful. Giving students a knowledge of how the financial system develops from the fundamental consumer needs of finance is the aim of the Master of Finance programme.

The necessary foundational and advanced coursework for the Master of Finance programme is provided with a course in knowledge acquisition and a limited number of electives. It provides training for ambitious and accomplished finance professionals looking to advance their current financial knowledge because it was developed in collaboration with the banking and finance sector.

Highlights for Master of Finance

Master of Finance Eligibility

Academic achievement

• A First Class degree is highly recommended, although a high UK 2:1 or equivalent is required.

• Potential eligibility includes all degree subjects. Individuals could be asked to submit a GMAT or GRE score if students did not study a subject relevant to finance at the undergraduate level.

Professional experience

• A minimum of two years of post-graduate work experience in a job that involves basic finances or finances-related duties.

English proficiency

• English as your native language

• or IELTS – 7.5 with no element below 7.0

• or TOEFL – 110 with no element below 25

• or CAE minimum score of Grade A

• or CPE – Grade A, B or C, minimum score of 200 with no element below 185.

Maths & stats proficiency

• A willingness to reach the necessary level of maths and statistics.

Master of Finance Admission

Admission Process

Interview Process

• The MFin Director or other faculty members from the Finance department will interview candidates.

• Candidates will have the chance to meet with faculty, MFin employees, and have a tour of the Cambridge Judge Business School's facilities while they are in Cambridge for the interview.

Master of Finance Skills Required

Accounting Proficiency: In order to be successful in the financial industry, aspirants must have accounting skills. He or she must comprehend financial accounting principles, methodologies, and standards, as well as cost analysis and minimization, cash flow management, budgeting, general ledger, and reconciling bank statements, including other aspects.

Financial Knowledge: The financial sector places a high value on financial literacy. He or she must be capable of analysing the current investment market, financial current events, and interest rates in order to understand financial circumstances.

Problem Solving Ability: In financial difficulties, a financial professional acts as a problem-solver. He or she ought to be able to analyse the issue and find a solution. An individual's ability to deal with financial problems with innovative solutions makes them somehow accountable for the result of raising funds.

Work Ethics: In order to conduct themselves ethically and professionally in their financial interactions, clients build a personal ethos. This entails being truthful, open, and fair as well as keeping secrecy, as well as completely sharing information that could otherwise produce a conflict of opinion.

Master of Finance Subject/Syllabus

Here, in the table below, we have discussed the Master of Finance syllabus of Cambridge Judge Business School.

Master of Finance Fees Structure

Early application can assist in obtaining funds, funding, or bursaries. For students pursuing a Master of Finance, numerous scholarships are available. These include external support as well as bursaries from the Cambridge Judge Business School and college scholarships at the University of Cambridge. It's crucial to submit an early application for the Cambridge MFin if students require scholarship funding for their tuition. The fees for the Master of Finance for are:

Scope of Master of Finance

Students will have a plethora of choices in the finance industry with a master's in finance. One can opt to work as an actuary, financial analyst, or investment banker. In addition, students have a wide range of alternative options, like working as a financial planner, financial advisor or for an investment firm. The best alternative for securing a job in financial planning and analysis employment is a postgraduate degree in finance, which will also give you access to employment options in the finance industry.

Career Options after Master of Finance

Financial Analyst: Financial analysts are in charge of carrying out a range of research duties to support their clients' or their own companies' investment strategies and make investment judgements. A financial analyst analyses economic trends, current business news, and the company's overall business plan to give companies and people with knowledgeable counsel on business investment decisions.

Financial Advisor: A financial advisor is a qualified individual who can assist you in organising your finances and forecasts the outcomes of your investments and savings so you can assess your level of retirement readiness. They also assist you in making financial decisions that will enable you to accomplish your objectives as quickly as possible.

Financial Planner: Financial planners are qualified in investment and finance professionals who assist both individuals and businesses in achieving their long-term financial objectives. Following client consultation, they begin researching their clients' goals, risk tolerance, and stages of life or business to determine the best class of investments for them.

Economist: Economists are financial experts who study how businesses behave. The primary responsibilities include gathering and processing socioeconomic and financial data, advising businesses and governments on financial choices, and developing economic forecasting models. In order to comprehend and apply mathematical techniques and data strategies to economic phenomena and forecast market dynamics, they collect, analyse, and report data.

Risk Management Analyst: Risk management analysts assist businesses in determining the extent of the financial risks associated with acquisitions and ongoing expenses. The technical element of a company's risk management strategy is supported by risk analysts, who are experts in their field. Following the collection and assessment of risk data, analysts present their conclusions to managers, who then use them to select among many potential solutions.

Investment Banker: Investment bankers support institutional clients in tasks like capital raising and mergers and acquisitions by combining their knowledge of the financial services sector, analytical expertise, and persuasive communication abilities.

Top recruiters

• Actis

• Alvarez and Marsal

• Amazon

• Analysis Group

• Apollo

• BearingPoint Capital

• BlackRock

• Citi

• Credit Suisse

• EY-Parthenon

• Invesco

• JP Morgan

• KPMG

• McKinsey

• Morgan Stanley

• Partners Group

• PwC

• Rothschild Five Arrows