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The University of Edinburgh

Edinburgh , Scotland ,United Kingdom

Probability and Stochastic Analysis PhD

xOur research group 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.

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.

Intakes

  • Jan
  • Sep

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Many of our graduates 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.

 

PSW Opportunity

  • 2 years

Admission Requirement / Eligibility Criteria

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.

 

Minimum academic requirements

For entry to the Ph.D. program, applicants must meet the following minimum academic qualifications.

A postgraduate master's degree from an accredited institution in the UK or overseas showing evidence of above-average academic achievement. This includes:

a degree classification with a mark of 65% or more overall (University of Edinburgh level, or overseas equivalent)
normally a masters dissertation at the distinction level (University of Edinburgh level, or overseas equivalent) in accounting, finance, or related disciplines
Degrees in quantitative disciplines (e.g. economics or mathematics) or business studies will be considered if you can demonstrate a strong background in accounting and finance throughout your degree.

Applications may be accepted from those still currently studying for a master's degree; however, any offer will be conditional on the successful completion of the degree at the required standard.

Applicants with significant industry experience in the accounting sector, or with relevant professional qualifications will be given due consideration on a case-by-case basis. However, these applicants must also have a minimum of a Bachelor’s degree in accounting or a related discipline.

English language tests

We accept the following English language qualifications at the grades specified:

  • IELTS (International English Language Testing System): total 7.0 (at least 6.0 in each module)
  • TOEFL-iBT (including Special Home Edition): total 100 (at least 20 in each module). We do not accept TOEFL MyBest Score to meet our English language requirements.
  • CAE and CPE: total 185 (at least 169 in each module)
  • Trinity ISE: ISE III with a pass in all four components

Your English language qualification must be no more than three and a half years old from the start date of the programme you are applying to study, unless you are using IELTS, TOEFL or Trinity ISE, in which case it must be no more than two years old.