PhD in Mathematics With Concentration in Quantitative Finance (Doctor of Philosophy in Mathematics With Concentration in Quantitative Finance)

PhD in Mathematics With a Concentration in Quantitative Finance About

PhD Mathematics With a Concentration in Quantitative Finance is a doctoral degree programme of a minimum of three years of duration and maximum of six years that deals with various Mathematics With a Concentration in Quantitative Finance concepts such as the study of space, structure, change, and quantity. The Mathematics With a Concentration in Quantitative Finance degree programme comes to its completion after the students submit their ‘thesis’ and get it approved by their supervisor. The eligibility criteria to pursue a Phd in Mathematics With a Concentration in Quantitative Finance depends on the institute, but generally candidates require a Bachelor’s degree in Mathematics With a Concentration in Quantitative Finance or any other related discipline. Many career options are available after graduating in a PhD Mathematics With a Concentration in Quantitative Finance course such as Mathematician, Statistician and Mathematics With a Concentration in Quantitative Finance Lecturer. Students applying for the PhD in Mathematics With a Concentration in Quantitative Finance course must know the top colleges offering PhD in Mathematics With a Concentration in Quantitative Finance including Acharya Institute of Technology, Aditanar College of Arts and Science, and Agra College. Admission depends on the institute, generally students need to appear for entrance exams such as UGC NET to pursue PhD in their desired field. Generally, the minimum duration for this programme is three years but students can take up to a maximum of six years to complete the course. Candidates with a master’s degree in Mathematics With a Concentration in Quantitative Finance (MSc Mathematics With a Concentration in Quantitative Finance), physical sciences or M.Tech candidates can choose to pursue a PhD in Mathematics With a Concentration in Quantitative Finance. After its completion, candidates can find various options of employment in various sectors.

PhD in Mathematics With a Concentration in Quantitative Finance Highlights

PhD in Mathematics With Concentration in Quantitative Finance Admission Process

The admission process for PhD mathematics is quite simple and follows certain steps that students need to complete. The PhD mathematics admission process is both merit-based as well as entrance-based. Eligible candidates must carefully follow the complete admission process. Candidates can find the complete step-by-step information on the admission procedure for PhD mathematics mentioned below:

Merit-based admission:

Many institutes offer admission to the Ph.D in Mathematics course, the admission to the program is based on the score of the previous course of study. Some universities may also conduct personal interviews, group discussions, or aptitude tests.

Many institutes also offer admission to Ph.D. mathematics degree programs based on their scores from previous courses of study. In addition to this, these universities might conduct a personal interview to screen the most deserving candidates.

Entrance Exam Based:

Many institutes also offer admission based on the entrance examination, one of the popular entrance exams for Ph.D degree is UGC NET, but some universities may conduct their entrance exams.

The universities offering the Ph.D in Mathematics course provide admissions based on entrance exams. The exam is conducted based on mathematics subject and includes Multiple Choice Questions from different topics from Mathematics.

Many institutes also offer mathematics degree programs and generally provide admission based on entrance exams. The entrance examination is conducted on the mathematics subject and includes multiple choice questions from various chapters such as advanced algebra, discrete mathematics, analysis, and more.

The universities offering Ph.D. mathematics degree programs shortlist candidates based on their scores in the entrance examinations.

One of the popular entrance examinations for admission to top PhD mathematics universities is UGC NET.

PhD in Mathematics With Concentration in Quantitative Finance Eligibility Criteria

The common PhD (Mathematics With a Concentration in Quantitative Finance) eligibility criteria to be successfully admitted into a college offering this course is as follows:

• M.Sc./ Master’s Degree in Mathematical or Physical Sciences
• B. Tech Candidates from any discipline can also apply, it may vary by Institutes.
• Some Institutes also offer direct admission for Graduate Students with excellent academics records.
• Each college also further has a set minimum aggregate marks. Overall, it should be 55% (50% for SC / ST).

PhD in Mathematics With Concentration in Quantitative Finance Duration

PhD in Mathematics With Concentration in Quantitative Finance Selection Criteria

Admissions decisions are based on academic transcripts, test scores, letters of recommendation, a personal statement, and a resume or CV.

Some universities may also require an interview or writing sample as part of the selection criteria.

PhD in Mathematics With Concentration in Quantitative Finance How to Apply

To apply for a PhD in Mathematics with a concentration in Quantitative Finance, applicants should visit the website of the individual program they are interested in and follow the application instructions provided.

The application process typically involves submitting an online application form, academic transcripts, letters of recommendation, a personal statement, and a resume or CV.

Some universities may also require standardized test scores, such as the GRE or GMAT.

It is important to apply by the deadline specified by the university.

PhD in Mathematics With Concentration in Quantitative Finance Application Process

The application process for a PhD in Mathematics with a concentration in Quantitative Finance usually involves the following steps:

Research various programs and universities to identify the ones that offer a PhD in Mathematics with a concentration in Quantitative Finance.

Check the eligibility criteria for the program you are interested in to ensure that you meet the academic and other requirements.

Fill out the online application form provided by the university. This typically requires providing your personal and academic details, uploading transcripts, letters of recommendation, a personal statement, and a resume or CV.

Pay the application fee, which varies depending on the university.

Submit the completed application by the deadline specified by the university.

PhD in Mathematics With Concentration in Quantitative Finance Fee Structure

PhD in Mathematics With Concentration in Quantitative Finance Syllabus

• Introduction to Quantitative Finance
• Probability Theory and Stochastic Processes
• Time Series Analysis
• Financial Derivatives
• Optimization Methods
• Numerical Methods for Finance
• Machine Learning in Finance
• Advanced Topics in Quantitative Finance
• Seminar Series I
• Research Methods in Finance
• Econometrics for Finance
• Risk Modeling and Management
• Seminar Series II
• Dissertation Proposal Defense
• Dissertation Research and Writing

PhD in Mathematics With Concentration in Quantitative Finance Job Scope

PhD in Mathematics With Concentration in Quantitative Finance Career Opportunities

1. Quantitative Analyst
   
2. Risk Manager
3. Financial Consultant
4. Portfolio Manager
5. Financial Engineer
6. Data Analyst
7. Investment Banker
8. Hedge Fund Manager
9. Research Analyst
10. Economist

PhD in Mathematics With Concentration in Quantitative Finance Top Colleges

Here are some of the top colleges for a PhD in Mathematics with a concentration in Quantitative Finance:

Admission Process for PhD in Mathematics With Concentration in Quantitative Finance

1. Application for the entrance exam 
2. Result declaration
3. Entrance pass scholar calling for the interview and document verification
4. Provisional registration for pre-Ph.D. course work classes
5. Coursework classes shall be attended as scheduled by the University
6. Course work examination
7. Result declaration of coursework
8. Submission of synopsis ( 2 spiral bound copies with soft copy of synopsis)
9. Departmental research committee meeting scheduled by the University
10. A registration letter shall be issued
11. Research work started by scholar
12. 6 progress reports shall be submitted
13. Soft copy thesis submit
14. plagiarism report check by the university
15. Finally, after the plagiarism report soft copy thesis shall be sent to experts for evaluation
16. After the consent of experts pre-submission, one set spiral binding shall be submitted
17. After the successful presentation of the pre-submission thesis, 3 copies of hard bound thesis shall be  submitted
18. Viva shall be conducted as scheduled by the University, Degree Awarded.

Document Required for PhD in Mathematics With Concentration in Quantitative Finance

• Documents (10th onwards)
• Aadhar Card/Pan Card, Caste Certificate
• Migration Certificate (Original)
• NOC (From Organization/ Institute/ University)
• Affidavit (undertaking)
• Guide Willing
• Assignments
• Synopsis (3 copies), Progress Report
• Library No Dues
• Lab Letter
• Thesis Hard copy (Spiral binding)
• No Dues, Thesis (6 hard copies)
• Affidavit -Submission (on Rs 100 Stamp and Notary Attested)
• C.D Soft copies (Thesis & Synopsis)
• Conference Certificate - 2
• Research Papers -2 (with ISSN No.)
• summary (page limit 20-30) -3 Copies 
• Plagiarism Report Below 10%

FAQs About Ph.D. Program 

Q.1 - What is the procedure for Ph.D. Admission to the University?

ANSWER: - The Ph.D. and M.Phil. programs of prestigious Universities are conducted and guided strictly as per the provisions and regulations dictated by the UGC (Minimum Standards and Procedure for Award of Ph.D./M.Phil. Degrees) (1st Amendment) Regulations, 2018 and subsequent amendments. The entire procedure for admission to the research programs encompasses a Research Entrance Exam (RET) and then an Interview/Viva Voce. The performance of a candidate in the RET is given 70% weightage, and the remaining 30% weightage is given to his/her performance at the Interview.

Q.2 - What are the modes of pursuing M.Phil. & Ph.D. programs at the University?

ANSWER: -Both the full-time and part-time modes are available at University for pursuing its Ph.D. programs and only the full-time mode is available for M.Phil. program in the desired subjects/fields. These highly-qualitative and prolific research programs are available in a rather broad range of fields/subjects. At University, the minimum time duration of the M.Phil. and Ph.D. programs is 1.5 Years and 3 Years, respectively, in general.

Q.3 - Are the Ph.D. and M.Phil. Degrees granted by any University valid abroad?

ANSWER: -Yes, of course. If the University is properly recognized under section 2(f) of the UGC Act of 1956 and is a prestigious member of the AIU (the Association of Indian Universities). It is an M.Phil. and Ph.D. degrees granted in various fields/subjects are duly valid across India and the world.

Q.4 - What are the main eligibility criteria for participating in the University Research Entrance Exam (RET)?

ANSWER: -The following are the main eligibility conditions for participating in the RET: - A rigorous Master’s Degree in the proposed subject/field obtained from any recognized university/institution located in India or abroad, with a minimum 55% marks in aggregate or an equivalent grade. Candidates belonging to SC/ST/OBC/Differently-abled categories are given a 5% relaxation in respect of this eligibility criterion. Candidates with an M.Phil. degree in the proposed field/subject, or have qualified for the UGC (JRF) Examinations/ NET/ SET/ SELT, etc., will be allowed to appear directly for the interview, without appearing in the RET. Impressive academic records, and any prior experience in research work, will be given additional advantages.

Q.5 - What relaxations are granted to the reserved categories for Ph.D. Admission to the University?

ANSWER: - Candidates belonging to the categories of SC/ST/OBC (Non-Creamy layer)/Differently-Abled, and so on, are given all relaxations prescribed by the Govt. of India and the UGC. These relaxations are provided in form of 5% reduced marks for them at post-graduation, and also in the minimum qualifying marks at RET. Thus, candidates belonging to these categories only need to score a minimum of 45% marks at RET, to qualify for the final interview.

Q.6 - How will be the pattern of RET?

ANSWER: - The syllabus or pattern of RET consists of subject-specific matters, research methodology, and aptitude (covering logical reasoning, numerical ability, analytical reasoning, statistics, etc.).Thus, RET will contain a total of 70 multiple-choice questions (MCQs).

Q.7 - Are M.Phil. Holders/UGC- NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE exempted from appearing at RET?

ANSWER: - Yes. The holders of M.Phil. degrees in their respective fields/subjects are made exempt from appearing in RET. The same is the situation in cases of aspiring candidates who have qualified exams like UGC-NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE, etc.

Q.8 - How is the application fee paid?

ANSWER: - The Application Fee (i.e. the fee for participating in RET) can be paid online or offline, like the Application Form. Payment Modes: DD (in Favor of the University) / NEFT/ Cash Deposit.

Q.9 - Do working candidates require to obtain NOC from employers for pursuing research at any University?

ANSWER: - Yes, necessarily. Working Professionals who are interested in research at any University are required to obtain the NOC (No Objection Certificate) from their respective employers, to avert any intrusion ever during the entire doctoral course.

Q.10 - Does an M.Phil. holder require to undergo Ph.D. coursework?

ANSWER: - Yes. M.Phil. holders are again required to undergo the coursework in Ph.D. at some Universities. However, their prior knowledge in the field/subject will be very supportive to them for learning and performing efficiently during the Ph.D. program.

Q.11 - Can I pay the yearly program/course fee in installments?

ANSWER: - Yes, you can pay the yearly course fee as many as in two installments, but well within the yearly session.

Q.12 - Does Any University provide any scholarship or stipend to pursuing scholars?

ANSWER: - Yes, of course. Many Universities offer scholarships as well as stipends to meritorious and talented candidates who undertake research studies at the University. Scholarships are granted to those candidates who come under the top 21 by scoring higher marks in RET and interviews. And, stipends are provided to those scholars who also give lectures to UG or PG students at the University, in addition to doing their Ph.D. coursework. The amount of the monthly stipend will be commensurate with the candidate’s qualifications and capabilities and may go up to Rs. 20,000.

Q.13 - What other facilities are provided to research scholars at the University Campus?

ANSWER: - All necessary and constructive resources, amenities, and facilities are offered by well-established and prestigious universities to research scholars in various streams/subjects. These facilities include the following - spacious and peaceful study rooms, erudite and well-experienced academicians and research experts, Wi-Fi and diverse IT devices, state-of-the-art laboratories, well-stocked libraries, lavish R&D amenities, separate amenities for lodging and foods for male and female candidates, peaceful and constructive environment within the university campus, and many other comforting and convenient facilities and services.