The Financial Mathematics Research Group of the Department of Mathematics at the London School of Economics and Political Science

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The Financial Mathematics Research Group of the Department of

Mathematics at the London School of Economics and Political Science

(LSE) invites applications for PhD studies supported by fully funded PhD

studentships. We are seeking exceptionally talented and motivated

students with a strong mathematical background and interest in financial

mathematics, stochastic optimal control, stochastic analysis, and

related areas.


The research group consists of Ofelia Bonesini, Christoph Czichowsky,

Albina Danilova, Pavel Gapeev, Arne Lokka, Johannes Ruf, Luitgard

Veraart and Mihail Zervos covering all areas of financial mathematics

including optimal investment, pricing and hedging of financial

derivatives, financial markets with frictions, optimal execution,

systemic risk, applications of machine learning and stochastic optimal

control.


PhD students are enrolled at LSE and take part in the London Graduate

School in Mathematical Finance (https://www.londonmathfinance.org.uk ) -

a consortium of financial mathematics groups including Bayes Business

School, Imperial College London, King's College, LSE and UCL - and are

expected to complete their studies within four years. Applicants will be

considered for fully funded PhD studentships which are tenable for four

years and cover full fees and an annual stipend, which for 2025 entry

was £22,780. The studentships are usually tax free. The award of these

studentships is competitive, based on academic performance (typically in

an MSc or equivalent). To be considered for funding, you must submit

your application and any supporting documents before the funding

deadline which is 14 January 2026.


For further details, please see

http://www.lse.ac.uk/Mathematics/Prospective-Students and

http://www.lse.ac.uk/study-at-lse/graduate/mphilphd-mathematics .


If you have any further questions, please contact Jasna Begic

J.Begic@lse.ac.uk.>>