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Bachelor of Mathematics and Finance (Honours)

UTS course code: C09021
Testamur title: Bachelor of Mathematics and Finance (Honours)
Abbreviation: BMathFin(Hons)
Course Director: Dr Layna Groen
Course fee: HECS (local); $7,700 per semester (international)
Total credit points: 48

Overview
Admission requirements
Course duration
Course structure
Course program
Assessment
Other information

Overview

Honours degree graduates are particularly sought after and their skills enable them to compete for high-entry-level jobs in the banking sector. It is expected that most students will opt to undertake this additional year.

Admission requirements

Admission to the Honours degree is assessed individually according to the following criteria.

  • Students who are eligible to graduate from the Bachelor of Mathematics and Finance degree at UTS with an average mark of 65 or more over all subjects in Years 2 and 3 (full-time) are eligible for entry to the Honours degree, subject to the approval of the Head of the Department of Mathematical Sciences and the Head of the School of Finance and Economics.
  • Students who have obtained qualifications equivalent to the Bachelor of Mathematics and Finance degree are considered for entry, upon application, by the Heads of the participating Department and School on the basis of their assessed potential to complete the Honours degree.

Course duration

The Bachelor of Mathematics and Finance (Honours) degree requires an additional one year of full-time advanced study.

Course structure

The Honours degree requires completion of subjects comprising 48 credit points. The year consists of coursework subjects of an advanced nature in mathematics, statistics and finance, together with a substantial project. The project involves a major investigation of some area of finance, and provides students with the opportunity to apply the skills developed in their coursework.

Course program

Year 4 of the BMathFin(Hons) degree
Autumn semester
25921 Theory of Financial Decision Making 6cp
35483 Numerical Methods for Finance 4cp
35457 Multivariate Statistics 4cp
35466 Advanced Stochastic Processes 4cp
35486 Optimal Control 1 4cp
25230 Mathematics and Finance (Honours) 1 6cp

Spring semester
25923 Derivative Security Pricing 6cp
25231 Mathematics and Finance (Honours) 2 6cp
35456 Nonlinear Statistical Models 4cp
35487 Optimal Control 2 4cp

Note: Students are advised to commence preliminary work on their thesis in Autumn semester. The topic and adviser should be chosen and preliminary reading undertaken.

Core subjects in the Bachelor of Mathematics and Finance (Honours)

Subject
number
Subject
name
Semester
offered
Credit
points
Prerequisites
25921 Theory of Financial Decision Making A 6 By consent
25923 Derivative Security Pricing S 6 By consent
35456 Nonlinear Statistical Models S 4 35353
35466 Advanced Stochastic Processes A 4 35322, 35361
35486 Optimal Control 1 A 4 35231, 35241
35487 Optimal Control 2 S 4 35466, 35486
35483 Numerical Methods for Finance A 4 35102, 35151 and either
35170 or 31465
35457 Multivariate Statistics A 4 35353

A = Autumn semester S = Spring semester

Assessment

The project is assessed on the basis of a thesis and a seminar presented to the staff of the Department and the School.

The assessment of students' results takes into account the Honours level coursework subjects, the thesis and the seminar. Honours is awarded for the successful completion of the course at the grades of First Class; Second Class, Division 1; Second Class, Division 2; and Third Class.

Other information

All academic inquiries should be made to:

Course Director, Bachelor Mathematics and Finance (Honours)
Dr Layna Groen
Department of Mathematical Sciences
telephone (02) 9514 2266
fax (02) 9514 2248
email Layna.Groen@uts.edu.au