- Students are to follow the requirements of the Handbook for the year they commenced the course.
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.
Bachelor of Mathematics and Finance (Honours) | 2019
Testamur Title of Degree: | Bachelor of Mathematics and Finance (Honours) |
Abbreviation: | BMathFin(Hons) |
UOW Course Code: | 356 |
CRICOS Code: | 085498K |
Total Credit Points: | 192 |
Duration: | 4 years full-time or part-time equivalent |
Home Faculty: | Faculty of Engineering and Information Sciences |
Intake Session(s): | Autumn/Spring |
Delivery Mode: | On-campus (Face-to-face) |
Delivery Campus / UAC Code: | Wollongong / 756503 |
Overview
Advanced skills in mathematics are essential to good decision-making in the world of finance. Graduates of this course have the skills to apply sophisticated mathematical and statistical techniques to real-world problems and are also encouraged to develop computing and communication skills, which are an asset in the employment market.
Students may complete the Bachelor of Mathematics and Finance (Honours) degree either with no declared major or with a declared major. The available majors are:
- Financial Planning
- Mathematical Economics
- Quantitative Corporate Finance and Investments
- Quantitative and Computational Trading
- Risk Management and Insurance
Entry Requirements & Credit Arrangements
Information on academic and English language requirements, as well as eligibility for credit for prior learning, is available from the Course Finder.
Course Learning Outcomes
Course Learning Outcomes (CLOs) are statements of learning achievement that are expressed in terms of what the learner is expected to know, understand and be able to do upon completion of a course. Students graduating from this course will be able to:
| CLO | Description | ||||||
|---|---|---|---|---|---|---|---|
| 1 | Demonstrate advanced theoretical and technical knowledge in mathematics, statistics and finance. | ||||||
| 2 | Integrate knowledge derived from finance and mathematics. | ||||||
| 3 | Demonstrate advanced cognitive and technical skills in mathematics, statistics and finance to select and apply mathematical to statistical methods to analyse and generate solutions to complex problems in finance. | ||||||
| 4 | Transmit mathematical, statistical and financial knowledge, skills and ideas to others. | ||||||
| 5 | Apply mathematical and statistical knowledge to professional practice in finance. | ||||||
| 6 | Apply professional, social and ethical approaches in learning to demonstrate autonomy and well-developed judgement as a financial mathematician or statistician. | ||||||
Course Structure
Students who enrol in the Bachelor of Mathematics and Finance (Honours) are required to satisfactorily complete at least 192 credit points of subjects, consisting of:
a. The following 120 credit points of core subjects;
| Subject Code | Subject Name | Credit Points | Session(s) |
|---|---|---|---|
| 100-level | |||
| ACCY111 | Accounting Fundamentals In Society | 6 | Autumn, Spring |
| ACCY112 | Accounting In Organisations | 6 | Autumn, Spring, Summer 2019/2020 |
| FIN 111 | Introductory Principles of Finance | 6 | Autumn, Spring, Summer 2019/2020 |
| MATH100 | Introduction to Mathematics | 6 | Autumn |
| MATH187 | Mathematics 1: Algebra and Differential Calculus | 6 | Autumn |
| MATH188 | Mathematics 2: Series and Integral Calculus | 6 | Spring |
| STAT101 | Introduction to Statistics | 6 | Spring |
| 200-level | |||
| FIN 222 | Corporate Finance | 6 | Autumn, Spring |
| FIN 223 | Investment Analysis | 6 | Autumn, Spring |
| MATH201 | Multivariate and Vector Calculus | 6 | Autumn |
| MATH202 | Differential Equations: Analysis and Applications | 6 | Autumn |
| MATH203 | Linear Algebra and Groups | 6 | Spring |
| STAT201 | Random Variables and Estimation | 6 | Autumn |
| STAT202 | Statistical Inference and Introduction to Model Building | 6 | Spring |
| 300-level | |||
| FIN 322 | Advanced Corporate Finance | 6 | Spring |
| MATH317 | Financial Mathematics | 6 | Autumn |
| STAT332 | Linear and Generalised Linear Models | 6 | Spring |
| 400-level | |||
| INFO401 | Mathematics and Finance Honours Project | 12 | Annual, Spring 2019/Autumn 2020 |
| MATH407 | Research Methods | 6 | Autumn |
b. If a major is declared, additional subjects which are specific to the major.
c. At least 48 credit points, additional to those in the table of core subjects, of 300- and/or 400-level subjects from the List of Electives; which must include:
- 18 credit points of MATH/STAT/INFO subjects,
- 18 credit points of ACCY/FIN/ECON subjects,
- 12 credit points of 400-level subjects, and
- at least one 400-level 6 credit point MATH/STAT/INFO subject.
d. Any subjects chosen from the List of Electives that are needed to bring the total to 192 credit points;
e. No more than 66 credit points at 100-level.
After completion of 144 credit points, students must attain an average of 65% or higher to continue into fourth year. Students who do not meet this requirement will be transferred to the Bachelor of Mathematics and Finance and will be advised by the Academic Program Director of a program of study to complete the degree.
The classes of Honours awarded are defined in the General Course Rules Section 8. The Honours grade will be calculated in accordance with Method 2.
List of Electives
| Subject Code | Subject Name | Credit Points | Session(s) |
|---|---|---|---|
| Any MATH, STAT, FIN or ECON subject plus the subjects below: | |||
| ACCY200 | Financial Accounting IIA | 6 | Autumn, Spring |
| ACCY201 | Financial Accounting IIB | 6 | Spring, Summer 2019/2020 |
| ACCY228 | Taxation for Financial Planners | 6 | Spring |
| CSIT113 | Problem Solving | 6 | Autumn |
| CSIT115 | Data Management and Security | 6 | Autumn, Spring |
| CSIT121 | Object Oriented Design and Programming | 6 | Autumn, Spring, Summer 2019/2020 |
| CSCI235 | Database Systems | 6 | Autumn, Spring |
| CSCI251 | Advanced Programming | 6 | Autumn, Spring |
| INFO411 | Data Mining and Knowledge Discovery | 6 | Autumn |
| INFO412 | Mathematics for Cryptography | 6 | Autumn |
| LAW 101 | Introduction to Law | 6 | Autumn |
| MARK101 | Marketing Principles | 6 | Autumn, Spring, Summer 2019/2020 |
| MGNT110 | Introduction to Management | 6 | Autumn, Spring, Summer 2019/2020 |
| MGNT208 | Introduction to Management for Professionals A | 6 | Autumn |
The Majors and the No-major Option
All Bachelor of Mathematics and Finance (Honours) students must satisfy the Course Rules specified above. In particular, all students, both those who do not choose a major and those who do, must take the additional subjects which are specific to those options and are detailed via the links below, together with suggested programs of study.
For students taking no major:
For students taking a major:
Professional Recognition/Accreditation
The structure of the Bachelor of Mathematics and Finance (Honours) has changed significantly in 2019, and professional recognition and accreditation are currently being sought from the relevant professional bodies.
Other Information
For further information email: eis@uow.edu.au or the Academic Program Director