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

Awarded by : University of Oxford

Updated on Apr 01, 2024
Rashmi Shukla

University Research Analyst

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

  • Applicable for

    University of Oxford in UK

  • Max scholarship per student

    Rs 65,89,638/-

  • No. of students to be awarded

    6

  • Course Level

    Masters

  • Intake year

    Sep 2024

  • Final application deadline

    19 Jan 2024

  • Type of scholarships

    Need, Merit

Report Incorrect information Last updated on 1-Apr-2024

Scholarship Overview

Felix Scholarships is awarded for pursuing MSc in Mathematical and Computational Finance at University of Oxford. A student can get a maximum amount of GBP 55444 and the scholarship amount will be given one time only. The scholarship amount can be used for paying tuition, living, travel and airfare. 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 part of the selection process, students must attend an interview.

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

  • Applicable to all full-time master's course or full-time DPhil course at Oxford

Scholarship amount details

Max scholarship per student: Pound 60,970 => Rs 65,89,638

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 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 ×Not covered in scholarship

  • 100% of course fees, a grant for living costs (around £17,800) and one return flight from India/home country to the UK

Student Awards

Number of students to be awarded: 6

  • Up to 6
  • One award is also made each year to a non-Indian student who is ordinarily resident in a low-income country outside India

Scholarship Eligibility

Special Restrictions

  • Intend/plan to return to home country after course completion

  • Applicants are expected to return to India after completing their studies

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

  • Applicant must be a national and ordinarily resident in India
  • Applicants must not have previously studied a course at the same level as the course to which they are applying
  • Applicant must be unable to take up your place at Oxford without financial assistance
  • Applicants must have a first-class undergraduate or master's degree from an Indian university
  • 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. Another interview is conducted for scholarship
  • 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

Eligible student nationality

This scholarship is applicable for students from India

Application Process for this scholarship

  • SOP: Applicants need to submit 1-page length statement of purpose
  • This will be assessed for:
    • applicants 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)
  • Applicants will be asked to complete a short questionnaire before being invited for interview in India. There is no questionnaire or interview for the non-Indian scholarship

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
Decision Not Available
  • Decisions are expected to be made by the end of May 2024

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

Additional Information

  • One award is made each year to a non-Indian student who is a national and ordinarily resident in a country (outside of India) which categorised by the World Bank as being low income
  • In addition, for the non-Indian scholarship, the following eligibility criteria apply:
    • Applicant should have a first-class undergraduate or master's degree;
    • Applicants must not already hold a degree from a university outside of their home country (this rule does not apply to study undertaken whilst in receipt of a Felix Scholarship); and 
    • Applicants are expected to return to your home county after completing their studies

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