Scholarship Overview

Clarendon Scholarships- MSc in Mathematical and Computational Finance provides financial support, to academically excellent Indian students, for pursuing any Masters Degree course at the University of Oxford, This scholarship is specifically meant for Indian students who are pursuing full-time Masters Degree course in MSc in Mathematical and Computational Finance from the University of Oxford. Clarendon Scholarships- MSc in Mathematical and Computational Finance for MSc in Mathematical and Computational Finance in MSc in Mathematical and Computational Finance, at the University of Oxford, involves a one_time scholarship award of 50577 that can be used to pay for the tuition,living. Students must note that accommodation, health cover, application fees, etc. do not fall within the purview of this scholarship. Moreover, this scholarship will be awarded to a maximum of 130 students, one of whom might belong to a country other than India. To be eligible for the award, applicants must have completed their Bachelor degree and passed the 12th grade.
International students seeing to avail this scholarship need to appear for English proficiency tests like IELTS. As part of the selection process, students must attend an interview. The following documentation is required from students in order to apply for the scholarship: SOP, LOR, CV and Official Transcripts. Students are expected to return to India after the completion of their academic course.

Applicable course, university and country

This scholarship is applicable for Masters Degree

This scholarship is applicable for the following courses in University of Oxford in UK

• MSc in Mathematical and Computational Finance

• Applicable to all Master programs

Scholarship amount details

Max scholarship per student: Pound 50,577 => Rs 54,66,362

Conversion rate used: 1 Pound = Rs. 106.18 (last updated 25th November 2024)

Scholarship amount will be given: One Time

Scholarship amount can be used for

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

• All Clarendon scholarships cover tuition and college fees in full
• Scholars on a full-time course receive a generous annual grant for living costs, which is normally sufficient to cover the living costs of a single student living in Oxford. In 2021 this will be at least £15607

Student Awards

Number of students to be awarded: 130

• Around 130 new scholarships are awarded each year

Scholarship Eligibility

Special Restrictions

• No Special Restriction applicable

Exams Details

Exam name	Indicates if exam is required and cutoff (if any)
IELTS	Required (minimum score 7.5)
12	Required
UG	Required (minimum score 60.0%)
Interview	Required

Eligibility

• Applicants must have a first-class or strong upper second-class undergraduate degree with honours in mathematics or a related discipline. 
• Other indicators of high academic achievement may include individual marks on student transcripts; evidence of previous university prizes or awards; information on applicants overall position within their cohort; and publications (if applicable)
• IELTS: 7.5 with min score of 7.0 in each component
• Interview: Technical interviews are normally held as part of the admissions process. The interview could take place face-to-face or by Skype
• Applicants with a full-time degree-level course of a minimum of nine months, at a recognised institution, where the medium of instruction and assessment was entirely in English can be exempted from the English proficiency exam at the discretion of the University

Application Process for this scholarship

Application Documents

Type of documents	Indicates if this type of document is required to be submitted
SOP	Required
LOR	Required
CV	Required
Official transcripts	Required

• SOP: Applicants need to submit 1-page length statement of purpose
• This will be assessed for:
  • your reasons for applying
  • evidence of motivation for and understanding of the proposed area of study
  • commitment to the subject, beyond the requirements of the degree course
  • capacity for sustained and intense work
  • reasoning ability
  • ability to absorb new ideas, often presented abstractly, at a rapid pace
• LOR: Applicants need to submit 3 academic references
• Official transcripts: It should give detailed information of the individual grades received in university-level qualifications to date
• CV: Comprising of one to two pages highlighting applicants academic achievements and any relevant professional experience
• Applicants must submit solutions to the MSc in Mathematics and Computational Finance admissions exercise(this will be assessed for whether your mathematical background is adequate, particularly in calculus, linear algebra, probability, statistics, and partial differential equations)

Scholarship Application

Students will be auto-considered for this scholarship when they apply for the courses on which this scholarship is applicable. No separate application is needed.

Important Dates

	Date	Additional Details
Application final end date	January 19, 2024	Not Available

Please note that these dates could be in local country times and may not be IST (Indian standard time).

FAQ Link

https://uni-of-oxford.custhelp.com/app/answers/list/session/L3RpbWUvMTQ4NzMxMTA5MC9zaWQvNDlLWmhyYm4=#s=eyJzZiI6eyIxMDAwMTkiOnsiZmlsdGVycyI6eyJub190cnVuY2F0ZSI6MCwicGFnZSI6MSwic2VhcmNoVHlwZSI6eyJmaWx0ZXJzIjp7ImRhdGEiOjUsInJuU2VhcmNoVHlwZSI6InNlYXJjaFR5cGUiLCJmbHRyX2lkIjo1fX0sImtleXdvcmQiOnsiZmlsdGVycyI6eyJkYXRhIjoiY2xhcmVuZG9uIiwicm5TZWFyY2hUeXBlIjoia2V5d29yZCJ9fSwicCI6eyJmaWx0ZXJzIjp7ImRhdGEiOnsiMCI6WzI2XSwicmVjb25zdHJ1Y3REYXRhIjpbeyJsZXZlbCI6MSwibGFiZWwiOiJQcm9zcGVjdGl2ZSBHcmFkdWF0ZSBTdHVkZW5