Studyportals
Ph.D. On Campus

Probability and Stochastic Analysis

The University of Edinburgh

36 months
Duration
21150 GBP/year
4500 GBP/year
Unknown
Tuition fee
Anytime
Unknown
Apply date
Unknown
Start date

About

The Probability and Stochastic Analysis research group from The University of Edinburgh operates in what is perhaps the most widely applied area of mathematics. The financial sector, in particular, is a major focus of our research, and graduates with the right research experience can make their way into highly rewarding roles in industry.

Overview

As part of our small, specialised group, you'll enjoy a research environment that features a balance between theory and practice, access to one of the most powerful computing facilities in the UK and strong links with relevant industries.

The School of Mathematics is a vibrant community of more than 60 academic and related staff supervising 60 students.

Our research in Probability and Stochastic Analysis research group from The University of Edinburgh  focuses on the following themes:

  • stochastic differential equations and stochastic partial differential equations (PDEs) and their applications in nonlinear filtering and stochastic control
  • applications of stochastic analysis of PDEs, stochastic PDEs and stochastic differential equations (accelerated numerical methods in particular)

We’re also involved in the applications of probability theory, mainly to mathematical finance, particularly stochastic volatility models, equivalent martingale measures and incomplete markets. Other applications include engineering, signal procession and biological sciences.

Career opportunities

Many of the Probability and Stochastic Analysis graduates from The University of Edinburgh take up lucrative positions with high-profile financial companies. A large number also pursue careers in academia, while others apply their skills in engineering or biological sciences.

Programme Structure

  • With the financial sector being the major commercial employer of our graduates, our involvement with the Scottish Financial Risk Academy, established in conjunction with Heriot-Watt University, offers valuable industry links and training.
  • You can benefit from short project internships with leading financial institutions, visits from leading risk scholars, and a series of knowledge exchange courses and events.
  • As part of the Probability & Stochastic Analysis group you will have access to the training activities provided by Mathematical Analysis & its Applications (MIGSAA).

Key information

Duration

  • Full-time
    • 36 months
  • Part-time
    • 72 months

Start dates & application deadlines

More details

We encourage you to apply at least one month prior to entry so that we have enough time to process your application.

Credits

360 alternative credits

Delivered

On Campus

Academic requirements

GPA admission requirements GPA
Upper Second Class

Other requirements

General requirements

  • A UK first class honours degree, or its international equivalent, in an appropriate subject; or a UK 2:1 honours degree plus a UK masters degree, or their international equivalents; or relevant qualifications and experience.

Tuition Fee

To alway see correct tuition fees
  • International

    21150 GBP/year
    Tuition Fee
    Based on the tuition of 21150 GBP per year during 36 months.
  • National

    4500 GBP/year
    Tuition Fee
    Based on the tuition of 4500 GBP per year during 36 months.

PhD part-time fees

  • Overseas: £10,575
  • Home: £2,250

Living costs for Edinburgh

725 - 1167 GBP /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Fresh content

Updated in the last 6 months

Check the official programme website for potential updates.

Our partners

Probability and Stochastic Analysis
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The University of Edinburgh

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