Applicants would usually be expected to have a 1st or upper 2nd class Honours Bachelor degree at undergraduate Masters level or an MSc Merit or Distinction (or an equivalent overseas qualification) in a mathematical subject. In some research areas a background in physics, engineering or computer science is also acceptable.
Months of entry
January, September, July, April
Opportunities for PhD research are available in a wide range of topics in Financial Mathematics. For some of the available areas of possible PhD or M.Phil research see the current Financial Mathematics research page . For more details about the specific projects, please contact the relevant individual members of staff or get in touch with the Financial Mathematics Postgraduate Admissions Tutor .
Students may enter our graduate programme in Mathematical Finance by initially taking our taught M.Sc. course over 1 year. This, subject to satisfactory progress, can lead to admission to the PhD programme.
Information for international students
Students whose first language is not English require a minimum score of IELTS 6.5 with 6.0 in writing and no module less than 5.5 (or a recognised equivalent qualification).
Students should normally have a minimum of IELTS 5.5 or equivalent prior to application.
We accept a range of qualifications from different countries. For these and general requirements including English language see entry requirements from your country.
Fees and funding
Together with EPSRC and other national funding sources, the School currently provides financial support to some 60 postgraduate students every year (approximately 15 new students per year). EPSRC DTA research studentships are available in all areas for UK and EU students. Students who are normally resident in the EU but not in the UK are eligible for EPSRC PhD studentships, but the awards in such cases currently cover only the course fees, not maintenance stipends.
In addition, about eight School scholarships are also available each year to PhD students. PhD students may also have the opportunity to help in teaching undergraduate examples classes, for which they are paid. For details of all available awards, please visit the School's website.
Qualification and course duration
Course contact details
- School of Mathematics
- +44 (0)161 275 0178