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2005 Course Handbook

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Master of Financial Mathematics

Overview

To provide students with a first degree in areas 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 three-year degree equivalent to an Australian Bachelors 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 Bachelors’ level.

Course Requirements

The degree will normally occupy two sessions of full-time study or four 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

Subject   Credit Points

FIN920

Advanced Risk & Insurance 6

FIN921

Managerial Finance 6
MATH941 Financial Calculus & Logistics 6

MATH942

Numerical Methods 6

MATH943

Practitioners’ Seminars 2

STAT920

Stochastic Methods in Finance 6

STAT921

Multiple Regression & Time Series 6
Plus one STAT and one FIN subject chosen from:

STAT922

Statistical Inference & Multivariate Analysis 6

STAT923

Operations Research & Applied Probability 6

FIN922

Investment Analysis 6

FIN923

Investment Management 6
 
 
 

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