MPhil in Finance and Economics

The MPhil in Finance and Economics is a one-year master's degree that runs from early October to late June with a preparatory course during September. It is an intensive course combining advanced study and research, tailored for people with one year or less of work experience who intend to go on to work for the industry. It places particular emphasis on economic coverage of financial themes, beginning from the institutional background, moving on to careful consideration of how observed institutions should be modelled, and ending by relating existing models to data and discussing how these models should be improved when they do not fit the data.

Learning Outcomes

On completion of the MPhil degree students should have:

• acquired advanced technical training in microeconomics and econometrics;
• acquired a solid grounding in the principles and practice of financial markets and developed an understanding of the tools necessary to make good financial decisions.
• begun to acquire independent research skills and experience of putting them into practice;
• acquired experience in preparing written work to a strict timetable; and
• acquired sufficient knowledge and understanding of advanced economics to proceed to a career as a professional economist in industry or to a research degree.

Continuing

Students who wish to continue to a PhD would need to meet standard admissions criteria and apply in the usual way. However, please note that this course is intended for students who wish to obtain a masters qualification before leaving academic economics and is not primarily designed for students who wish to continue to the PhD programme.

Key Information

• Duration: 9 months full-time
• Study Mode: Taught
• Degree: Master of Philosophy
• Faculty: Faculty of Economics
• Dates and deadlines:
  • Applications open: September 3, 2025
  • Application deadline: November 18, 2025
  • Course Starts: October 1, 2026
• Funding Deadlines:
  • Course Funding Deadline: December 3, 2025
  • Gates Cambridge US round only: October 15, 2025

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University of Cambridge

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Overview:

The University of Cambridge is a prestigious public research university located in Cambridge, England. It is one of the world's leading academic institutions, known for its high-quality teaching and research. The university is comprised of 31 constituent colleges, each with its own unique character and traditions.

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Services Offered:

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Student Life and Campus Experience:

The university offers a vibrant and diverse student experience. Students can expect to be part of a close-knit community within their chosen college, while also having access to the wider university's resources and facilities. The university boasts a rich history and tradition, with numerous historic buildings and gardens. Students can participate in a wide range of extracurricular activities, including sports, societies, and cultural events.

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Key Reasons to Study There:

Academic Excellence:

Cambridge is renowned for its world-class academics and research.

Prestigious Reputation:

A degree from Cambridge is highly valued globally, opening doors to various career opportunities.

Unique College System:

The college system provides a supportive and intimate learning environment, fostering close relationships between students and tutors.

Exceptional Facilities:

The university offers state-of-the-art facilities, including libraries, laboratories, and museums.

Vibrant Campus Life:

Cambridge offers a rich and diverse student experience, with numerous opportunities for extracurricular activities and social engagement.

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Academic Programs:

The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including:

Arts and Humanities:

History, English Literature, Classics, Philosophy, Theology, Music, Art History, and more.

Social Sciences:

Economics, Politics, Sociology, Anthropology, Psychology, and more.

Sciences:

Physics, Chemistry, Biology, Mathematics, Computer Science, Engineering, and more.

Medicine:

Clinical Medicine, Veterinary Medicine, and more.

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