The School of Finance and Accounting at the University of Westminster is pleased to offer a three-year fee waiver studentship* for Home/EU and Overseas prospective PhD students starting in September 2020**. This PhD fee waiver is part of a strategic support to meet the talent needs of financial services and to build the school’s research capability and environment. 

The value of the studentship is £6850 and will be awarded as follows dependent on the home/overseas status of the recipient: 

  • Overseas – 50% fee waiver (full fee £13,700 for 2020/21 so £6,850 fees to pay) 
  • Home/EU – Full fee waiver plus annual stipend of £1490 

The financial services sector has undergone transformational change that is led by technology. Cloud computing, big data, block-chain and the development of new analytical techniques are being used by sophisticated investors and risk managers to develop better insights to deliver efficiencies at great speed. The entire financial services sector is impacted by disruptive innovation led by FinTechs. 

This PhD fee waiver offers the opportunities for an energetic and multi-talented individual to undertake new research using current analytical techniques. The research projects aim to understand and explore how big data in finance can be gathered and organised for analysis. Using a variety of FinTech specific analytic tools and software the student will develop new techniques to realise novel investment and risk insights to solve a variety of problems commonly found in banks and hedge funds. The opportunity is also available to students who have a multidisciplinary background and wish to explore and undertake a research study on RegTech. Increasing volume of regulations have transformed the contract for difference industry. The regulatory landscape will continue to have a strong impact on the industry’s evolution. (eg MiFID II). 

The School of Finance and Accounting is aiming to be at the leading edge of finance education and is embarking on a new direction. It is adapting new technology and tools to grow a talent pool in areas of FinTech and Regtech to meet the future needs of a vibrant community of researchers in financial services. Thus, we are offering this PhD fee waiver to candidates who wish to develop as research leaders in this exciting area of finance. 

Entry requirements and how to apply 

Candidates should normally have a minimum classification of 2.1 in their Bachelor Degree or equivalent and preferably a Master’s degree. Applicants whose secondary level education has not been conducted in the medium of English should also demonstrate evidence of appropriate English language proficiency normally defined as IELTS: 6.5 (overall score with not less than 6.0 in any of the individual elements). 

For admissions enquiries, please contact our PhD Admissions Coordinator Dr Elisabeth Michielsens via email: [email protected].

Read more about our entry requirements

Please follow these link to apply for the programme most appropriate to your research, please note that the programme appears as MPhil on UCAS, however there is an option on the form to request PhD via MPhil, which is the standard route. 

The closing date for applications is 5pm on Friday 1 May 2020. Interviews to be held the week commencing 25 May 2020. 

Please ensure you include the studentship title: SoFA Fee Waiver.

If you intend to apply for this studentship and the general WBS Fee Waiver, please ensure you include both titles.

UCAS application links 

* Minimum full time enrolment before submission is 33 months. 

** Fee waivers are in place for the three years of study. Following that there is a six-month no fee period for writing up. Should a researcher not have submitted by the end of the no fee period then a £1,500 fee is applicable.