Faculty of Informatics

Bachelor of Mathematics and Finance

Testamur Title of Degree:

Bachelor of Mathematics and Finance

Abbreviation:

BMathFin

Home Faculty:

Informatics

Duration:

4 years (8 full-time sessions) or part-time equivalent

Total Credit Points:

192

Delivery Mode:

Face-to-face

Starting Session(s):

Autumn/Spring

Location:

Wollongong

UOW Course Code:

767

UAC Code:

756503

CRICOS Code:

016107B

Overview

The Bachelor of Mathematics and Finance is an elite degree that provides graduates with a firm foundation in both mathematics and finance.

The degree covers the basics of corporate finance, financial institutions and investments, and allows students to specialise through the choice of elective subjects.

Entry Requirements / Assumed Knowledge

Approximate UAI: 82

Assumed Knowledge: Any two units of English plus HSC Mathematics (not General Mathematics).

Recommended Studies: HSC Mathematics Extension 1

For entry requirements for students 21 and over or international students, please refer to the relevant prospectus.

Course Requirements

Students who enrol in Bachelor of Mathematics and Finance shall satisfactorily complete at least 192 credit points of prescribed subjects, together with the requirements prescribed for the program.

Of the 192 credit points:

1. the subjects listed in the Recommended Program are compulsory unless explicitly stated otherwise;
2. at least 168 credit points shall be for MATH, STAT, ACCY, ECON, FIN and MGMT subjects;
3. no more than 66 credit points shall be for 100-level subjects;

For the non-Honours strand, at least 60 credit points shall be for 300- and/or 400-level subjects; including

1. at least 24 credit points of MATH/STAT/INFO subjects and
2. at least 24 credit points of ACCY/FIN subjects;
For the Honours strand,
1. 12 credit points shall be for the project INFO401 and
2. at least 60 additional credit points shall be for 300- and/or 400-level subjects; the 60 additional credit points shall include at least:
    a. 24 credit points of MATH/STAT/INFO subjects,
    b. 24 credit points of ACCY/FIN subjects,
    c. 24 credit points of 400-level subjects, and
    d. One 400-level 6 credit point MAT, STAT or INFO subject.

The Bachelor of Mathematics and Finance degree structure also includes three (3) suggested subject streams for students interested in pursuing careers in particular branches of the quantitative finance industry such as:

− corporate finance and investments,
− risk management and actuarial studies, and
− financial services industry.

Students are encouraged to look at these alternative streams on the School's website and discuss the choice of subjects with their course coordinator.

Course Program

The following program of study is recommended to satisfy the requirements in minimum time.

Subjects

Session

Credit Points

Year 1

     

ACCY100

Accounting 1A

Autumn/Spring

6

ACCY102

Accounting 1B

Spring/Summer

6

ECON111

Introductory Microeconomics

Autumn/Spring

6

MATH187

Mathematics 1A Part 1

Autumn

6

MATH188

Mathematics 1A Part 2

Spring

6

MATH111

Applied Mathematical Modelling 1

Spring

6

STAT131

Understanding Variation and Uncertainty#

Autumn/Spring

6

Plus either

   

BUSS111

Business Programming I

Spring

6

or

     

CSCI114

Procedural Programming

Autumn/Spring

6

 

# Not compulsory, but highly recommended. Students may select an alternative subject from the List of Electives or enrol in a compulsory subject from a later year of the program

Year 2

     

FIN 221

Introductory Business Finance

Autumn/Spring

6

ECON101

Macroeconomic Essentials for Business

Autumn/Spring

6

MATH201

Multivariate and Vector Calculus

Autumn

6

MATH202

Differential Equations 2

Spring

6

FIN 223

Investment Analysis

Spring

6

STAT231

Probability and Random Variables

Autumn

6

STAT232

Estimation and Hypothesis Testing

Spring

6

Plus

 

Subject chosen from List of Electives

6

Year 3

     

FIN 322

Advanced Business Finance

Spring

6

FIN 323

Portfolio Management

Autumn

6

ECON331

Financial Economics

Spring

6

MATH203

Linear Algebra

Autumn

6

MATH317

Financial Calculus

Autumn

6

STAT332

Multiple Regression and Time Series

Spring

6

Plus

     

Subjects chosen from List of Electives

12

Year 4 (Non Honours)

 

Subjects chosen from List of Electives

48

Year 4 (Honours)Entry to this program is restricted to candidates who satisfy the prerequisite to INFO401

ACCY407

Empirical Research Methods

Autumn

6

INFO401

Mathematics and Finance Honours Project (see Note 4)

Spring/ Annual

12

Plus

     

Subjects chosen from List of Electives

30

Note 4: Enrolment in INFO401 is restricted to those candidates who have a WAM greater than or equal to 67.5 on satisfactory completion of 144 credit points of the course.

List of Electives

   

ACCY201

Financial Accounting IIB

Spring

6

ACCY200

Financial Accounting IIA

Autumn

6

ACCY407

Empirical Research Methods

Autumn

6

BUSS212

Database Management Systems

Spring

6

CSCI103

Algorithms and Problem Solving

Autumn/Spring

6

CSCI124

Applied Programming

Autumn/Spring

6

CSCI204

Object Programming and Frameworks

Spring

6

CSCI235

Databases

Spring

6

ECON215

Microeconomic Theory and Policy

Autumn/Spring

6

ECON216

International Trade Theory and Policy

Spring

6

ECON221

Econometrics

Autumn

6

ECON301

Monetary Economics

Autumn

6

ECON305

Economic Policy

Spring

6

ECON307

International Monetary Economics

Spring

6

ECON322

Mathematical Economics

Spring

6

ECON327

Advanced Econometrics

Spring

6

FIN 226

Financial Markets & Institutions

Autumn

6

FIN 251

Introduction to Financial Planning

Autumn

6

FIN 320

Risk and Insurance

Spring

6

FIN 324

Financial Statement Analysis

Autumn

6

FIN 325

Bank Management

Autumn

6

FIN 328

Retirement and Estate Planning

Autumn

6

FIN 329

Advanced Financial Planning

Spring

6

FIN 351

International Finance

Spring

6

FIN 353

Global Electronic Finance

n/o 2007

6

FIN 359

Selected Issues in Finance

Autumn

6

FIN 422

Advanced Investment Analysis

Autumn

6

FIN 423

Advanced Portfolio Management

Spring

6

FIN 424

Advanced Financial Statement Analysis

Autumn

6

FIN 25

Banking Theory and Practice

Autumn

6

FIN 426

Advanced Corporate Finance

Autumn

6

FIN 428

Multinational Financial Management

Spring

6

FIN 487

Special Topic in Finance

Autumn

6

IACT201

Information Technology and Citizens' Rights

Autumn

6

INFO411

Data Mining and Knowledge Discovery

Spring

6

INFO412

Mathematics for Cryptography

Autumn

6

INFO413

Information Theory

Spring

6

LAW100

Law in Society

Autumn

6

LAW210

Contract Law

Spring

6

MATH121

Discrete Mathematics

Autumn

6

MATH204

Complex Variables and Group Theory

Spring

6

MATH222

Continuous and Finite Mathematics

Autumn

6

MATH302

Differential Equations 3

Autumn

6

MATH305

Partial Differential Equations

Spring

6

MATH321

Numerical Analysis

Spring

6

MATH322

Algebra

n/o 2007

6

MATH323

Topology and Chaos

Spring

6

MATH325

Wavelets

Autumn

6

MATH371

Special Topics in Industrial and Applied Mathematics 3

n/o 2007

6

MATH372

Special Topics in Mathematical Analysis 3

n/o 2007

6

MATH471

Honours Topics in Mathematics A

Autumn/Spring

6

MATH472

Honours Topics in Mathematics B

Autumn/Spring

6

MGMT208

Introduction to Management for Professionals A

Autumn

6

STAT131

Understanding Variation and Uncertainty

Autumn/Spring

6

STAT304

Applied Probability and Financial Risk

Autumn

6

STAT333

Statistical Inference and Multivariate Analysis

Spring

6

STAT335

Sample Surveys and Experimental Design

Autumn

6

STAT373

Special Topics in Probability and Statistics 3

Autumn

6

STAT471

Honours Topics in Statistics A

Autumn/Spring

6

STAT472

Honours Topics in Statistics B

Autumn/Spring

6

Honours

Students who enrol in the Honours program must satisfactorily complete the requirements listed in Year 4 (Honours) of the Course Program above. The classes of Honours awarded are defined in the Course Rules.