University of Technology SydneyHandbook 2007

C10155v5 Bachelor of Mathematics and Finance

Award(s): Bachelor of Mathematics and Finance (BMathFin)
UAC code: 609040 (CSP), 619040 (DFEE)
CRICOS code: 008671G
Commonwealth supported place?: Yes
Load credit points: 144
Course EFTSL: 3
Faculty/institute responsible: Science
Collaborating faculty/institute: Business
Location: City campus

Overview
Career options
Additional assumed knowledge
Course duration and attendance
Course structure
Course completion requirements
Course program
Honours
Other information

Overview

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

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.

Additional assumed knowledge

Mathematics and English.

HSC Mathematics Extension 1 is recommended.

Course duration and attendance

The degree is offered full-time over three years or part-time over six years.

Course structure

This course comprises 144 credit points of study.

Course completion requirements

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 Analysis6cp 
      25558 Issues in Corporate Finance6cp 
      25421 International Financial Management6cp 
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 Methods6cp 
      35322 Analysis 26cp 
22207 Accounting Transactions and Business Decisions 6cp
25557 Corporate Finance: Theory and Practice 6cp
25555 Macroeconomics: Theory and Applications 6cp
Total 144cp

Course program

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 Methods6cp 
35322 Analysis 26cp 
Select one subject from the following: 6cp
25410 Corporate Financial Analysis6cp 
25421 International Financial Management6cp 
25558 Issues in Corporate Finance6cp 

Honours

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.

Other information

Further information is available from: