Papers in Egyptian can be taken at Part 1A and Part 1B of the AMES Tripos in Middle Eastern Studies. These papers, X2 and X7, are borrowed from the Division of Archeaology. See the undergraduate handbook for details.
The M.Phil. in Egyptology has been transfered to the Division of Archaeology, with effect from 1st October, 2009. See www.arch.cam.ac.uk/admissions/masters-mphil-archaeology/masters-egyptology.html
Applications to do doctoral research in Egyptology should also go to the Division of Archaeology.