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 primarily intended for students who wish to obtain a master’s qualification before leaving academic economics. It is not designed as a direct pathway to a PhD programme and has a strong industry focus. In exceptional circumstances, students may be permitted to progress to a PhD, subject to academic performance and the approval of the relevant department.
Open Days
The University hosts and attends fairs and events throughout the year, in the UK and across the world. We also offer online events to help you explore your options.
Discover Cambridge: Master’s and PhD study webinars
Practical, step-by-step information about preparing a strong application for postgraduate study. Find out more on the Discover Cambridge webpage.
Virtual Postgraduate Open Days
The November Open Days focus on subject and course information. Webinar recordings are available until May.
Events for international students
Join us for Q&A webinars, funding webinars or get in touch with our regional managers. Find out more about events for international students.
For more information about all upcoming events visit our events pages.