PhD Financial Mathematics / Overview
Year of entry: 2023
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- Degree awarded
- Doctor of Philosophy
- 36 or 48 Months [Full-Time]
- Entry requirements
Applicants should have, or expect to obtain before the start of the course a:
- 1st or upper 2nd class 4 year undergraduate degree (e.g. MMath) degree (or an equivalent overseas qualification) in a mathematical subject
- MSc with 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.
- How to apply
- Apply online
Please include details of your previous study, your area of interest (or research project title, if known) and the name of the academic member of staff you would like to supervise your research.
We strongly recommend that you make contact with your proposed supervisor before submitting an application.
To apply for this programme, select Academic Program: PhD Mathematical Sciences and Academic Plan: PhD Financial Mathematics.
Equality, diversity and inclusion is fundamental to the success of The University of Manchester, and is at the heart of all of our activities. We know that diversity strengthens our research community, leading to enhanced research creativity, productivity and quality, and societal and economic impact. We actively encourage applicants from diverse career paths and backgrounds and from all sections of the community, regardless of age, disability, ethnicity, gender, gender expression, sexual orientation and transgender status.
We also support applications from those returning from a career break or other roles. We consider offering flexible study arrangements (including part-time: 50%, 60% or 80%, depending on the project/funder).
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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.
Fees for entry in 2023 have not yet been set. For reference, the fees for the academic year beginning September 2022 were as follows:
UK students (per annum): Band A £4,596; Band B £6,000; Band C £9,000; Band D £11,000
International, including EU, students (per annum): Band A £25,500; Band B £27,000; Band C £30,000; Band D £32,000
UK students (per annum): Band A: TBC; Band B £3,000; Band C £4,500; Band D £5,500
International, including EU, students (per annum): Band A £12,750; Band B £13,500; Band C £15,000; Band D £16,000
Further information for EU students can be found on our dedicated EU page.
Please note for the majority of projects where experimentation requires further resource: higher fee bands (where quoted) will be charged rather than the base rate for supervision, administration and computational costs. The fees quoted above will be fully inclusive and, therefore, you will not be required to pay any additional bench fees or administration costs.
All fees for entry will be subject to yearly review and incremental rises per annum are also likely over the duration of the course for UK/EU students (fees are typically fixed for International students, for the course duration at the year of entry). For general fees information please visit: postgraduate fees . Always contact the Department if you are unsure which fee applies to your project.
Together with EPSRC and other national funding sources, the Department 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 Department 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 Department website .
- Department of Mathematics
- Contact name
- Postgraduate Admissions Team
- +44 (0)161 275 0178
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