Probability and Stochastic Analysis PhD
The University of Edinburgh
Key Course Facts
Course Description
Our 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.
The School of Mathematics is a vibrant community of more than 60 academic and related staff supervising 60 students.
Our research focuses on the following themes:
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stochastic differential equations and stochastic partial differential equations (PDEs) and their applications in nonlinear filtering and stochastic control
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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.
Entry Requirements / Admissions
Get advice on which foundation courses are best for you to still be able to join Probability and Stochastic Analysis, PhD.
Entry requirements for individual programmes vary, so please check the details for the specific programme you wish to apply for on our website. You will also need to meet the University’s language requirements.
Visa Requirements for International Students
Visa requirementAll international students (including citizens from EU countries) intending to study this or any other academic programme for more than 6 months in the UK require a Student Visa.
International students younger than 18 years require a special Child Student Visa. Exceptions from this general rule may apply to holders of other UK work visas, British National Overseas visa, family member visa and recognised refugees or asylum seekers.
Permission to work while studyingUniversity of Edinburgh is listed by the UK government as an institution licensed to sponsor migrant students.
Student visa holders from licensed institutions are entitled to work during their full-time bachelor's, master's or Phd studies for
- 20h/week during the term
- Full-time outside term time (e.g. vacations, work placements, once course ended)
After completion of a bachelor's or master's programme of at least 12 months Student Visa holders of licensed institutions can convert their visa into a Graduate Visa which entitles graduates to work for 2 years in the UK.
Costs
Average student cost of living in UK
| Rent | £518 |
| Water, gas electricity, internet (at home) | £50 |
| Supermarket shopping | £81 |
| Clothing | £35 |
| Eating out | £33 |
| Alcohol | £27 |
| Takeaways / food deliveries | £30 |
| Going out / entertainment (excl.alcohol, food) | £24 |
| Holidays and weekend trips | £78 |
| Transport within city | £17 |
| Self-care / sports | £20 |
| Stationary / books | £13 |
| Mobile phone / internet | £13 |
| Cable TV / streaming | £7 |
| Insurance | £51 |
| Other | £95 |
| Average student cost of living | £1092 |
London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.
University Rankings
Positions of The University of Edinburgh in top UK and global rankings.
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About The University of Edinburgh
The University of Edinburgh is located in the Scottish city of the same name, and is one of the oldest universities in the entire United Kingdom, having opened in the year 1583. The university enjoys a strong reputation for its contributions to international research efforts, which is reflected in their inclusion in the Russell Group, Universitas 21, and Una Europa. Edinburgh offers its residents a historic yet modern city, with a lively nightlife scene, reliable public transport, and friendly locals.
Where is this programme taught
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