Overview

About the programme

Mathematical Finance is a very active branch of Probability Theory and Mathematics in general. It is probably one of the few areas in academic research which interact constantly with their field of application and with a huge impact on the daily functioning of the world's financial institutions. This Financial Mathematics degree is offered at The University of Manchester.

Programme Structure

What you can study:

Mathematical finance is concerned with mathematical/probabilistic modelling of financial markets.
Our research in mathematical finance belongs to derivatives pricing and portfolio/risk management.

Key information

Duration

Full-time
- 36 months

Start dates & application deadlines

Starting 2025-09-23 00:00:00

Application deadline not specified.

More details

Students need to talk to a supervisor before applying and check the projects’ deadlines.

Language

English

TOEFL^® IBT

90

Delivered

On Campus

Disciplines

Financial Mathematics View 6 other PhDs in Financial Mathematics in United Kingdom

Academic requirements

GPA

Upper Second Class

English requirements

TOEFL^® IBT

90

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at The University of Manchester and/or in United Kingdom, please visit Student Insurance Portal.

Other requirements

General 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.

Tuition Fee

To always see correct tuition fees

International

28000 GBP/year

Tuition Fee

Based on the tuition of 28000 GBP per year during 36 months.
National

4786 GBP/year

Tuition Fee

Based on the tuition of 4786 GBP per year during 36 months.

Bands:

UK: A - £4,786 / B - £7,000 / C - £10,000 / D - £14,500 / E - £24,500
International: A - £28,000 / B - £30,000 / C - £35,500 / D - £43,000 / E - £57,000

Living costs for Manchester

645 - 1197 GBP /month

Living costs

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

Funding

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Loading

Scholarships Information

Below you will find PhD's scholarship opportunities for Financial Mathematics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About