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C10155v9 Bachelor of Mathematics and Finance

Award(s): Bachelor of Mathematics and Finance (BMathFin)
UAC code: 609040 (Autumn semester, Spring semester)
CRICOS code: 008671G
Commonwealth supported place?: Yes
Load credit points: 144
Course EFTSL: 3
Location: City campus

Overview
Career options
Admission requirements
Assumed knowledge
Course duration and attendance
Course structure
Course completion requirements
Course program
Honours
Other information

Overview

The Bachelor of Mathematics and Finance combines both mathematical and business studies. 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 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 School of Mathematical Sciences in UTS: Science and the School of Finance and Economics in UTS: Business jointly offer this course.

This course provides an understanding of both mathematical and finance. It explains the theory behind investment principles and how financial markets operate, and develops analytical, statistical and algebraic skills in graduates. Mathematical techniques are increasingly important for risk assessment and the optimisation of financial plans and there is corresponding demand for these graduates. Financial institutions, large corporations and government seek graduates of this course to take up rewarding positions in quantitative and financial analysis.

Career options

Career options include stock market analysis, providing advice on portfolio management, option pricing, prediction of movements in international money markets and financial risk management. Major employers of graduates include banks, insurance companies, superannuation providers, government regulatory bodies such as APRA and ASIC, and other major financial bodies.

Admission requirements

Applicants must have completed an Australian Year 12 qualification, Australian Qualifications Framework Diploma, or equivalent Australian or overseas qualification at the required level.

The English proficiency requirement for international students or local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64; or CAE: 58-66

Eligibility for admission does not guarantee offer of a place.

International students

Visa requirement: To obtain a student visa to study in Australia, international students must enrol full time and on campus. Australian student visa regulations also require international students studying on student visas to complete the course within the standard full-time duration. Students can extend their courses only in exceptional circumstances.

Assumed knowledge

2-unit Mathematics and English.

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 Decisions A 6cp
23115 Economics for Business 6cp
37131 Introduction to Linear Dynamical Systems 6cp
37151 Introduction to Data Analysis 6cp
25300 Fundamentals of Business Finance 6cp
37132 Introduction to Mathematical Analysis and Modelling 6cp
35140 Introduction to Quantitative Management 6cp
25556 The Financial System 6cp
37161 Probability and Random Variables 6cp
35212 Computational Linear Algebra 6cp
25503 Investment Analysis 6cp
Select one of the following: 6cp
      25410 Corporate Financial Analysis (Capstone)6cp 
      25558 Issues in Corporate Finance6cp 
      25421 International Financial Management6cp 
35241 Optimisation in Quantitative Management 6cp
35252 Mathematical Statistics 6cp
25620 Derivative Securities 6cp
37171 Programming for Informatics 6cp
35363 Stochastic Models 6cp
35353 Regression Analysis 6cp
25573 Time Series Econometrics 6cp
35361 Stochastic Processes 6cp
22207 Accounting for Business Decisions B 6cp
25557 Corporate Finance: Theory and Practice 6cp
23566 Economics for Business 2 6cp
CBK90821 Options 6cp
Total 144cp

Course program

Typical course programs are shown below.

Autumn commencing
Year 1
Autumn semester
22107 Accounting for Business Decisions A   6cp
23115 Economics for Business   6cp
37131 Introduction to Linear Dynamical Systems   6cp
37151 Introduction to Data Analysis   6cp
Spring semester
25300 Fundamentals of Business Finance   6cp
37161 Probability and Random Variables   6cp
37132 Introduction to Mathematical Analysis and Modelling   6cp
37171 Programming for Informatics   6cp
Year 2
Autumn semester
35212 Computational Linear Algebra   6cp
35241 Optimisation in Quantitative Management   6cp
35363 Stochastic Models   6cp
25556 The Financial System   6cp
Spring semester
35231 Differential Equations   6cp
35353 Regression Analysis   6cp
23566 Economics for Business 2   6cp
25503 Investment Analysis   6cp
Year 3
Autumn semester
35252 Mathematical Statistics   6cp
35232 Advanced Calculus   6cp
25620 Derivative Securities   6cp
25557 Corporate Finance: Theory and Practice   6cp
Spring semester
Select one of the following: 6cp
      35342 Nonlinear Methods in Quantitative Management 6cp  
      35335 Mathematical Methods 6cp  
      35391 Seminar (Mathematics) 6cp  
35361 Stochastic Processes   6cp
25573 Time Series Econometrics   6cp
Select 6 credit points from the following:   6cp
25410 Corporate Financial Analysis (Capstone) 6cp  
25421 International Financial Management 6cp  
25558 Issues in Corporate Finance 6cp  

Honours

The Bachelor of Mathematics and Finance (Honours) (C09021) is available to eligible students with an additional one year of full-time study.

Other information

Further information is available from:

Building 6 Student Centre
telephone 1300 ask UTS (1300 275 887)
or +61 2 9514 1222
Ask UTS
www.ask.uts.edu.au