Our PhD Scholarship in Economics of Financial Regulation sponsors emerging scholars who are interested in researching the economic questions that surround financial regulation. The scheme is a joint venture between the London School of Economics (LSE) and the FSA and is intended for PhD students.

The scholarships are for a period of three years, unless the FSA informs the LSE that it believes that the scholarship recipient is no longer working on a programme of research relevant to the FSA's objectives.

The programme of research to be funded by these scholarships must be based on rigorous financial economics, microeconomics or micro-econometrics. It shall be focussed on and specifically referable to the regulation of the financial services industry. The work should contribute directly to improving understanding of the way financial markets, consumers and firms behave. Areas of particular interest are:

  • information economics as applied to financial markets;
  • behavioural economics as applied to financial markets (consumer understanding and behaviour);
  • financial product regulation and competition;
  • financial market efficiency and stability;
  • analysis of financial and insurance contracting; and
  • structure of primary and secondary financial and insurance markets.

More information is provided on the LSE Website.