Masters Compare - Find your perfect masters course.
Masters Compare - Find your perfect masters course.
Deadline: 2 December 2024
Wales
Closing date: 2 December 2024
Funding provider(s): UKRI and Faculty of Science and Engineering
Subject area(s): Stochastic Optimal Controls, Point Processes, insurance strategies, regime switchings, and Risk Uncertainty
Project start date(s):
Supervisors: Guo Liu and Chenggui Yuan
Aligned programme of study: PhD in Mathematics
Mode of study: Full-time
Project description:
In this project, different optimal control problems will be considered under a contagious financial and insurance market with regime switching and risk uncertainty.
In the first chapter, an optimal portfolio choice and life consumption problem will be studied under a fragile financial market with regime switching and risk uncertainty, where the transition matrix is no longer constant but depends on historical paths of financial assets in that market.
In the second chapter, an optimal re-insurance problem will be investigated under a contagious insurance market with regime switching. A stochastic differential game will be constructed to find the optimal reinsurance policy by considering the interaction between the insurer and the reinsurer.
More chapters will be considered if the first two chapters run smoothly.
For more details please see here: https://www.swansea.ac.uk/postgraduate/scholarships/research/mathematics-ukri-phd-risk-uncertainty-rs691.php
Please note that you may need to provide evidence of your English Language proficiency.
If you have any questions regarding your academic or fee eligibility based on the above, please email pgrscholarships@swansea.ac.uk with the web-link to the scholarship(s) you are interested in.
This scholarship covers the full cost of UK tuition fees and an annual stipend of £19,237.
Additional research expenses of up to £1,000 per year will also be available.
To apply, please complete your application online with the following information:
In the event you have already applied for the above programme previously, the application system may issue a warning notice and prevent application. In this event, please email pgrscholarships@swansea.ac.uk where staff will be happy to assist you in submitting your application.
*It is the responsibility of the applicant to list the above information accurately when applying, please note that applications received without the above information listed will not be considered for the scholarship award.
One application is required per individual Swansea University led research scholarship award; applications cannot be considered listing multiple Swansea University led research scholarship awards.
As part of your online application, you MUST upload the following documents (please do not send these via email). We strongly advise you to provide the listed supporting documents by the advertised closing date, where possible:
Informal enquiries are welcome; please contact Dr Guo Liu (guo.liu@swansea.ac.uk / (+44)1792 513 050).
*External Partner Application Data Sharing – Please note that as part of the scholarship application selection process, application data sharing may occur with external partners outside of the University, when joint/co- funding of a scholarship project is applicable.
Due to funding restrictions, this scholarship is open to applicants eligible to pay tuition fees at the UK rate only, as defined by UKCISA regulations.
Discover a range of postgraduate research funding opportunities at Swansea University Now more than ever, we recognise the importance of offering a ...
