In the years since deregulation of the Australian financial system there have been many sweeping changes and a considerable increase in the financial and economic activity of many Australian corporations. During this same period the use of sophisticated quantitative techniques in a variety of areas within the operations of major financial institutions has become the norm. As a consequence there is a demonstrated and continuing demand for graduates trained in both mathematics and finance. To meet this need the Department of Mathematical Sciences and the School of Finance and Economics jointly offer the Bachelor of Mathematics and Finance.
Mathematical techniques are increasingly important for risk assessment and the optimisation of financial plans, and there is a corresponding demand for highly skilled graduates in these areas. Suitably qualified graduates of this course are eligible to proceed to an additional year of advanced study in the Bachelor of Mathematics and Finance (Honours) course.
Career options include providing advice on portfolio management, financial risk management, prediction of movements in international money markets, option pricing and stock market analysis. Major employers of graduates include banks, government regulatory bodies such as ASIC and APRA, insurance companies, superannuation providers and other major financial bodies.
Mathematics and English.
HSC Mathematics Extension 1 is recommended.
The degree is offered full-time over three years or part-time over six years.
This course comprises 144 credit points of study.
22107 Accounting for Business | 6cp | |
25115 Economics for Business | 6cp | |
35101 Mathematics 1 | 6cp | |
35151 Statistics 1 | 6cp | |
25300 Fundamentals of Business Finance | 6cp | |
35102 Mathematics 2 | 6cp | |
35140 Operations Research Modelling | 6cp | |
25556 The Financial System | 6cp | |
35170 Introduction to Computing | 6cp | |
35212 Linear Algebra | 6cp | |
25503 Investment Analysis | 6cp | |
Select one of the following: | 6cp | |
25410 Corporate Financial Analysis | 6cp | |
25558 Issues in Corporate Finance | 6cp | |
25421 International Financial Management | 6cp | |
35241 Optimisation 1 | 6cp | |
35252 Statistics 2 | 6cp | |
25620 Derivative Securities | 6cp | |
35231 Differential Equations | 6cp | |
35321 Analysis 1 | 6cp | |
35353 Regression Analysis | 6cp | |
25606 Financial Time Series | 6cp | |
35361 Probability and Stochastic Processes | 6cp | |
Select one of the following: | 6cp | |
35281 Numerical Methods | 6cp | |
35322 Analysis 2 | 6cp | |
22207 Accounting Transactions and Business Decisions | 6cp | |
25557 Corporate Finance: Theory and Practice | 6cp | |
25555 Macroeconomics: Theory and Applications | 6cp | |
Total | 144cp |
The course commences in Autumn semester. The example program shown assumes full-time attendance.
Year 1 | ||
Autumn semester | ||
22107 Accounting for Business | 6cp | |
25115 Economics for Business | 6cp | |
35101 Mathematics 1 | 6cp | |
35140 Operations Research Modelling | 6cp | |
Spring semester | ||
22207 Accounting Transactions and Business Decisions | 6cp | |
25300 Fundamentals of Business Finance | 6cp | |
35102 Mathematics 2 | 6cp | |
35151 Statistics 1 | 6cp | |
Year 2 | ||
Autumn semester | ||
25556 The Financial System | 6cp | |
35212 Linear Algebra | 6cp | |
35252 Statistics 2 | 6cp | |
35231 Differential Equations | 6cp | |
Spring semester | ||
25503 Investment Analysis | 6cp | |
35353 Regression Analysis | 6cp | |
35170 Introduction to Computing | 6cp | |
25555 Macroeconomics: Theory and Applications | 6cp | |
Year 3 | ||
Autumn semester | ||
25620 Derivative Securities | 6cp | |
25557 Corporate Finance: Theory and Practice | 6cp | |
35321 Analysis 1 | 6cp | |
35241 Optimisation 1 | 6cp | |
Spring semester | ||
25606 Financial Time Series | 6cp | |
35361 Probability and Stochastic Processes | 6cp | |
Select one subject from the following: | 6cp | |
35281 Numerical Methods | 6cp | |
35322 Analysis 2 | 6cp | |
Select one subject from the following: | 6cp | |
25410 Corporate Financial Analysis | 6cp | |
25421 International Financial Management | 6cp | |
25558 Issues in Corporate Finance | 6cp |
The Bachelor of Mathematics and Finance (Honours) (C09021), is available to eligible students with an additional one year of full-time study. Students intending to do Honours must complete 35322 Analysis 2 in Year 3, Spring semester.
Further information is available from: