Statutes and Ordinances of the University of Cambridge

The Ordinances contained in this Chapter are Ordinances of the General Board



1. A candidate for the Master of Finance Examination must be approved by the Degree Committee for the Faculty of Business and Management.

2. The Degree Committee may approve as a candidate for the Master of Finance Examination any student who has satisfied the Committee that by reason of previous study he or she is qualified to engage in postgraduate work in Finance.

3. Applications for approval under Regulation 2 shall be sent to the Secretary of the Degree Committee so as to arrive not later than 31 March next preceding the date on which the applicant wishes his or her candidature to begin, provided that the Committee shall have power to consider applications submitted after that date.

4. A candidate for the Master of Finance examination shall pursue in the University a course of study extending over three terms.

5. The Degree Committee for the Faculty of Business and Management shall publish, not later than the end of the Easter Term each year, a list of subjects in Finance for the academical year next following. The list shall be divided into two groups, Group 1 (core subjects) and Group 2 (specialist subjects).


6. The Master of Finance Examination shall consist of three sections, as follows:

  1. (a)Written papers
  2.  Written papers, each of three hours’ duration, prescribed by the Faculty Board of Business and Management. Each candidate will be required to take no fewer than two written papers on subjects from Group 1.
  3. (b)Course-work
  4.  Such course-work as may be prescribed by the Faculty Board from time to time.
  5. (c)Project work
  6.  One or more reports on project work, which shall be submitted in such form and assessed in such manner as the Faculty Board may determine.

The Examiners shall have power to examine a candidate viva voce on any or all of the three sections of the examination (a)–(c).

Supplementary regulations.

7. The Faculty Board shall have power to issue supplementary regulations determining the scope and manner of assessment of the examination, and shall be empowered to amend such supplementary regulations from time to time as they may think fit, due care being taken that sufficient notice is given of any change.

Examiners and Assessors.

8. The Faculty Board shall nominate such number of Examiners and Assessors as they may deem sufficient, including a resident member of the Senate as Chairman of Examiners.


9. The names of candidates who satisfy the Examiners shall be arranged in alphabetical order in a single class. The Chairman of Examiners shall communicate the marks of all candidates to the Registrary.


10. While following the course of study leading to the Master of Finance Examination a student shall pay the appropriate University Composition Fee.

11. A student who has completed the course of study and has satisfied the Examiners in the Master of Finance Examination shall be entitled to proceed to the Master of Finance Degree.

Relation to courses of research.

12. A student who has taken the Master of Finance Examination shall not be entitled to count any part of the period during which he or she has been a candidate for that examination towards a course of research for the degree of Ph.D., M.Sc., or M.Litt.