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However, the subject links below do not contain the subject information for the current year. You can view current subject information through the new Course Handbook.
Master of Financial Mathematics
Testamur Title of Degree: |
Master of Financial Mathematics |
Abbreviation: |
MFinMath |
My University: |
Financial Mathematics |
Duration: |
1 year full-time or part-time equivalent |
Total Credit Points: |
48 |
Delivery Mode: |
On campus (Face-to-face) |
Starting Session(s): |
Autumn/Spring |
Location: |
Wollongong |
UOW Course Code: |
1548 |
CRICOS Code: |
050301F |
Overview
To provide students whose first degree is in an area such as mathematics, finance, economics, business, engineering or science with training in quantitative financial analysis and a range of analytical, statistical, computational and modelling skills needed for the formulation, implementation and evaluation of models in the financial sector to structure transactions, evaluate financial derivatives, manage risk and construct investment strategies.
Entry Requirements / Assumed Knowledge
A degree equivalent to a three-year Australian Bachelor degree with a major in mathematics or statistics.
Applicants with other three-year degrees will be considered if they possess a substantial background in mathematics (including calculus, linear algebra, differential equations, probability and statistics) equivalent to at least a second-year Bachelor level.
Course Requirements
The degree will normally occupy two (2) sessions of full-time study or four (4) sessions of part-time study, and requires satisfactory completion of at least 48 credit points, as set out in the following course program.
Course Program
Subjects |
Session |
Credit Points | |
FIN921 |
Managerial Finance |
Autumn/Spring |
6 |
MATH941 |
Financial Calculus |
Autumn |
6 |
MATH942 |
Numerical Methods in Finance |
Spring |
6 |
MATH943 |
Practitioners' Seminars |
Annual |
0 |
STAT920 |
Stochastic Methods in Finance |
Autumn |
6 |
STAT921 |
Linear and Generalised Linear Models |
Spring |
6 |
and |
|||
FIN920 |
Advanced Risk and Insurance |
n/o 2013 |
6 |
or |
|||
FIN926 |
Advanced Managerial Finance |
Spring |
6 |
Plus one STAT and one FIN subject chosen from: | |||
STAT922 |
Statistical Inference |
Spring |
6 |
STAT923 |
Applied Probability and Financial Risk |
Autumn |
6 |
FIN 922 |
Investment Management |
Autumn |
6 |
FIN 923 |
Portfolio Management |
Spring |
6 |
FIN 957 |
Portfolio Simulation |
Autumn |
6 |
Professional Recognition
All graduates of this program satisfy the education requirements for Senior Associate membership of the Financial Services Institute of Australasia. (Senior Associate membership requires three years practical experience as well as the educational component.)
Other Information
Further information is available at http://coursefinder.uow.edu.au/ or email: informatics_enquiries@uow.edu.au