Chevening Scholarships- University of Oxford (MSc in Mathematical and Computational Finance)

Scholarship Overview

Chevening Scholarships is awarded for pursuing MSc in Mathematical and Computational Finance at University of Oxford. A student can get a maximum amount of GBP 36370 and the scholarship amount will be given one time only. The scholarship amount can be used for paying tuition, travel, airfare and others. To be eligible for the award, applicants must have completed their Bachelor degree and passed the 12th grade. To be eligible for this award, international students must take English proficiency tests such as IELTS. As a part of selection process, applicants must have relevant work experience and also needs to appear for an interview. Students will require the following documentation to apply for the scholarship: LOR.

Applicable course, university, and country

• Master of Science in Mathematical and Computational Finance
• Applicable to all 1-year Master programs

 

Scholarship amount details

Scholarship amount covers:

• University tuition fees
• A monthly stipend
• Travel costs to and from the UK
• An arrival allowance
• A homeward departure allowance
• The cost of one visa application
• A travel grant to attend Chevening events in the UK

Conversion rate used: 1 Pound = Rs. 104.90 (last updated 7th December 2023).
Scholarship amount will be given: One Time

Scholarship amount can be used for:

Type of Expense	Indicates if the scholarship can be used for this type of expense
Tuition & Fees	✔ Scholarship amount can be used for this
Living Expense	× Not covered in scholarship
Accommodation	× Not covered in scholarship
Air Fare/Travel Expenses	✔ Scholarship amount can be used for this
Spouse/Child Care	× Not covered in scholarship
Health Cover	× Not covered in scholarship
Application	× Not covered in scholarship
Others	✔ Scholarship amount can be used for this

Number of students to be awarded:
Varies

Eligible student nationality

India, Australia, Singapore, New Zealand, Canada, Malaysia, Switzerland, Russia, United Arab Emirates, Norway, Japan, Thailand, Armenia, Fiji, China, South Korea, Mauritius, Ukraine, South Africa, Philippines, Bangladesh, Monaco, Nepal, Georgia, Hong Kong, Turkey, Bahrain, Barbados, Guyana, Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Aruba, Azerbaijan, Bahamas, Belarus, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, Christmas Island, Cocos Islands, Colombia, Comoros, Cook Islands, Costa Rica, Cuba, Curacao, Democratic Republic of the Congo, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Ethiopia, Falkland Islands, Faroe Islands, French Polynesia, Gabon, Gambia, Ghana, Gibraltar, Greenland, Grenada, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Haiti, Honduras, Iceland, Indonesia, Iran, Iraq, Isle of Man, Israel, Ivory Coast, Jamaica, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Macao, Macedonia, Madagascar, Malawi, Maldives, Mali, Marshall Islands, Mauritania, Mayotte, Mexico, Micronesia, Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nauru, Netherlands Antilles, New Caledonia, Nicaragua, Niger, Nigeria, Niue, North Korea, Northern Mariana Islands, Oman, Pakistan, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Pitcairn, Puerto Rico, Qatar, Republic of the Congo, Reunion, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Sudan, Sri Lanka, Sudan, Suriname, Svalbard and Jan Mayen, Swaziland, Syria, Taiwan, Tajikistan, Tanzania, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkmenistan, Turks and Caicos Islands, Tuvalu, U.S. Virgin Islands, Uganda, Uruguay, Uzbekistan, Vanuatu, Vatican, Venezuela, Vietnam, Wallis and Futuna, Western Sahara, Yemen, Zambia, Zimbabwe

Appication Process for this scholarship

• LOR: 2 Reference letters are recommended
  • The referee should be people who can comment on the applicant’s general suitability to receive a Chevening Award
  • Referees should be known to the applicant, either in an academic or professional capacity
  • They should not be a relative or close personal friend
  • Reference should cover the following:
    • How long have you known the applicant?
    • In what capacity do you know the applicant? (eg, professional, educational, supervisory, voluntary, religious)
    • When you last had regular contact with the applicant
    • A brief overall endorsement of the applicant, including their:
      • Skills in leadership and networking
      • Personal, intellectual, and interpersonal qualities
      • Ability to complete a demanding academic programme in the UK
• Application Process:
  • Applications must be submitted online via the Chevening website
  • Applicants can choose 3 different UK universities to seek admission with the scholarship
  • All applicants who wish to be considered for an award at the University of Oxford are encouraged to select Oxford as their first preference in their Chevening application
  • Applications open at 12:00 BST
  • Application closes at 12:00 GMT

Scholarship Application:
This scholarship needs a separate external application.

Application Documents:

Type of Document	Indicates if Document is Required
LOR	Required
CV	Required
Transcripts	Required

Important Dates & FAQ info:

Info	Date
Scholarship application open	Not Available
Scholarship Deadline	Not Available
Scholarship Decision date	Not Available
Interview Date	Not Available
FAQ Link	http://wwwcheveningorg/apply/faqs
Contact email	Not Available
Contact number	Not Available

 

Scholarship Eligibility

• Applicant must not have previously studied in the UK with funding from a UK Government-funded scholarship
• Applicant must have an undergraduate degree
  • This is typically equivalent to an upper second-class 2:1 honours degree in the UK
• IELTS: 75 with a minimum score of 70 in each section (as required by the university)
• Work Experience: Minimum 2 years required
  • It can be:
    • Full-time employment
    • Part-time employment
    • Voluntary work
    • Paid or unpaid internships
  • Work experience can be completed before, during, or after graduating from undergraduate studies
• Interview:
  • Shortlisted candidates will be invited for an interview
  • The interview will be in the city where the British Embassy or High Commission has representation
  • The interview will be a competency-based panel assessment conducted in English
  • Applicants will be asked a series of questions discussing some of the information they provided in the application form
  • The panel will ask questions that will enable applicants to explain their personal and professional aspirations, and how Chevening can facilitate their achievement of these goals
  • Applicants’ course choices will also be discussed, and they will be asked to provide an update on their applications

Special Restrictions:
Applicant must return to his/her country of citizenship for a minimum of two years after the award has ended.

Exams Details:

Exam Name	Indicates Exam If Any
IELTS	Required (minimum score 75)
12	Required
UG	Required (minimum score 60%)
Work Experience	Required (minimum 2 years)
Interview	Required

 

The rating is done considering various factors

Frequently Asked Questions

The frequently asked questions about the scholarship are:

Who can apply for the Scholarship?
The scholarship is applicable to students from various countries.

What is the minimum Qualification Required?
To qualify for the award, candidates must have completed the 12th grade.

What is the procedure for applying?
This scholarship needs a separate external application.

What are the documents required for filling the forms?
LOR, CV, Transcripts

What is the duration of the Scholarship?
One Time