UTS course code: C10155
UAC code: 609040
Testamur title: Bachelor of Mathematics and Finance
Abbreviation: BMathFin
Course Director: Dr Layna Groen
Course fee: HECS (local); $7,700 per semester (international)
Total credit points: 144

Overview
Attendance
Course duration
Course program
Honours
Other information

Overview

The years since deregulation of the Australian financial system have witnessed many sweeping changes and a considerable increase in the financial and economic activity of many Australian corporations. During this same period there has been an increasing use by major financial institutions of the sophisticated quantitative techniques that have been developed since the early 1970s. As a consequence, there is a demand for graduates trained in both mathematics and finance.

To meet this need, the Bachelor of Mathematics and Finance degree is offered jointly by the Department of Mathematical Sciences in the Faculty of Science and the School of Finance and Economics in the Faculty of Business.

Students graduating from the Bachelor of Mathematics and Finance will have undertaken an integrated sequence of subjects in mathematics, statistics, finance, economics, accounting, and computing, and will therefore have sound training in both the traditional theory of finance and the mathematical aspects of modern portfolio management techniques. As a result, graduates should find interesting and rewarding employment in major financial institutions such as merchant banks, insurance companies and government instrumentalities. The Bachelor of Mathematics and Finance is offered as a Pass degree, with an additional year for an Honours degree. All students eligible to receive the Bachelor of Mathematics and Finance are awarded the degree at the same level.

Note: Due to minor changes in subjects and subject sequences, students who commenced this degree prior to 2002 may need to consult the Course Director regarding subject choices.

Attendance

In the first four years of the course, part-time students are expected to be able to attend classes on one afternoon and two or three evenings per week. The final two years may require attendance at morning classes because some subjects, which form parts of other degrees, are not offered at night.

Course duration

The degree is offered both as a full-time course over three years and as a part-time course over six years.

Course program

Full-time program

Stage 2 – Spring semester
22207 Accounting Transactions and Business Decisions 6cp
25300 Fundamentals of Business Finance 6cp
35102 Mathematics 2 6cp
35151 Statistics 1 6cp

Stage 4 – Spring semester
25906 Portfolio Theory and Investment Analysis (Advanced) 6cp
25620 Derivative Securities 6cp
35241 Optimisation 1 6cp
35170 Introduction to Computing 6cp

Stage 6 – Spring semester
25558 Issues in Corporate Finance 6cp
25606 Financial Time Series 6cp
35281 Numerical Methods 6cp
or
35322 Analysis 2 6cp
35361 Probability and Stochastic Processes 6cp

Part-time program

Spring semester
35101 Mathematics 1 6cp
35140 Operations Research Modelling 6cp

Spring semester
22207 Accounting Transactions and Business Decisions 6cp
35212 Linear Algebra 6cp

Spring semester
25906 Portfolio Theory and Investment Analysis (Advanced) 6cp
35321 Analysis 1 6cp

Spring semester
25620 Derivative Securities 6cp
35353 Regression Analysis 6cp

Spring semester
25558 Issues in Corporate Finance 6cp
25606 Financial Time Series 6cp

Core subjects in the Bachelor of Mathematics and Finance

A = Autumn semester S = Spring semester c = corequisite

Honours

Honours degree graduates are particularly sought after and their skills enable them to compete for high-entry-level jobs in the banking sector. For further information see the Bachelor of Mathematics and Finance (Honours).

Other information

All inquiries should be made to:

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