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.