2020 Undergraduate Courses
  • 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) (Dean's Scholar) | 2020

Testamur Title of Degree:

Bachelor of Mathematics and Finance (Honours) (Dean's Scholar)



UOW Course Code:




Total Credit Points:



4 years full-time or part-time equivalent

Home Faculty:

Faculty of Engineering and Information Sciences

Intake Session(s):


Delivery Mode:

On-campus (Face-to-face)

Delivery Campus / UAC Code:

Wollongong / 756520


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) (Dean's Scholar) 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.

Dean's Scholars degrees are highly recognisable, giving students the edge in competitive employment. The degree offers a challenging and enriched educational experience for high-achieving students who want to perform above the level normally expected. Students are also encouraged to continue their studies through the completion of Honours and research programs.

Students in this course receive special privileges as they study such as accelerated learning, where appropriate, and academic mentoring. Dean’s Scholars are also encouraged to contribute to the scholarly life of the Faculty through events in the Faculty's postgraduate program.

Places are limited each year. Current students who have achieved a weighted average mark (WAM) of 80 at the end of one year of full-time study in a relevant degree may apply to transfer to the Dean’s Scholar degree.

Continuation in the Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) degree will normally be dependent on the student achieving a WAM of at least 80 in each year of study. Students who do not meet the required average will be transferred to the Bachelor of Mathematics and Finance (Honours) degree.

Please note that the Dean's Scholar Program is not offered for double degrees and is not a scholarship.

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 or 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.
7 Plan and compose a research-based project or piece of scholarship that demonstrates understanding and critical analysis in financial mathematics or financial statistics.

Course Structure 

Students who enrol in the Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) 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)
ACCY111 Accounting Fundamentals In Society 6 Autumn, Spring
ACCY112 Accounting In Organisations 6 Autumn, Spring, Summer 2020/2021
FIN 111 Introductory Principles of Finance 6 Autumn, Spring, Summer 2020/2021
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
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
STAT201 Random Variables and Estimation 6 Autumn
MATH203 Linear Algebra and Groups 6 Spring
STAT202 Statistical Inference and Introduction to Model Building 6 Spring
Plus ONE of the Dean's Scholar core subjects below:
MATH235 Mathematics Project A 6 Autumn, Spring
STAT235 Statistics Project A 6 Autumn, Spring
MATH317 Financial Mathematics 6 Autumn
STAT332 Generalised Linear Models 6 Autumn
FIN 322 Advanced Corporate Finance 6 Spring
INFO401 Mathematics and Finance Honours Project 12 Annual, Spring 2020/Autumn 2021

b. Certain additional subjects which are specific to the major declared, if any, or to the no-major option;

c. At least 48 credit points of 300- and/or 400-level subjects from the List of Elective; 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.

In order to progress to the fourth year of the Dean's Scholar version of the Honours program, students must attain an average of at least 80% in the first 144 credit points completed. Students who do not meet this requirement will be transferred to the Bachelor of Mathematics and Finance (Honours) degree.

The classes of Honours awarded are defined in the Coursework Rules. The Honours grade will be calculated in accordance with Method 2. 

The Majors and the No-major Option

All Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) 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 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

FASEA: The Bachelor of Mathematics and Finance (Honours) major in Financial Planning and the Bachelor of Mathematics and Finance (Honours)(Dean's Scholar) major in Financial Planning is approved by the Financial Adviser Standards and Ethics Authority (FASEA). Students graduating with these degrees automatically satisfy the educational requirements to become a Financial Planner AFP®, and allow for entry into the CFP® Certification Program without the need for a bridging program.

FTA: The Bachelor of Mathematics and Finance (Honours) is a recognised discipline with the Finance and Treasury Association (FTA) and students are encouraged to apply for membership with the association. Full-time students of the degree and graduates under 30 years of age may wish to join the Pathways membership which offers discounts to all Member local events but excludes the national conference. This offers an introduction into the treasury and risk disciplines.

FINSIA: On completion of the degree, students are eligible for Affiliate membership of the Financial Services Institute of Australasia (FINSIA), and are encouraged to join the institute to help develop their career in financial services.

Actuarial Studies: Students who wish to pursue a professional actuarial qualification and achieve sufficiently high grades in the Bachelor of Mathematics and Finance (Honours) degree have the opportunity to enter the 2 year Master of Actuarial Practice degree at Macquarie University. Credit towards this Masters degree may be available to students who have a suitable background. Such application to reduce the volume of learning required in the Master of Actuarial Practice degree are considered on a case-by-case basis.

Students completing the Bachelor of Mathematics and Finance (Honours) degree also have the opportunity to enter into the Master of Actuarial Studies at UNSW.

Other Information

For further information email: eis@uow.edu.au or the Academic Program Director

Last reviewed: 15 January, 2020