I study MPhil in Management, I have a very positive experience and it's been the most interesting year so far!
I'll copy-paste my post from another thread
Outside course content:
Best parts are the people and the Cambridge experience.
1. A small cohort of 30-40 means that you get to know other students and professors quite well. It's also easier to organise class-level events like trips, college formal swaps (we organised >6 college formals with high turnouts!), and pubs.
2. Diversity of people inside and outside class and college means more exposure to different degrees programmes
3. If you manage your time well, there's a lot of opportunities to get involved in societies and events (getting to know people from other colleagues and departments)
4. The Cambridge Experience - College system (formals, sports at the college-level), beautiful Judge Business School, awesome community.
5. It's not London, Cambridge is a beautiful, quiet, safe town. You can always work in London after graduating