Master of Financial Mathematics
Testamur Title of Degree:
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Master of Financial Mathematics
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Abbreviation:
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MFinMath
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Home Faculty:
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Informatics
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Duration:
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1 year (2 full-time sessions) or part-time equivalent
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Total Credit Points:
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48
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Delivery Mode:
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Face-to-face
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Starting Session(s):
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Autumn/Spring
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Location:
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Wollongong
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UOW Course Code:
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1548
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CRICOS Code:
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050301F
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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 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
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Subjects
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Session
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Credit Points
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FIN920
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Advanced Risk & Insurance
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Spring
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6
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FIN921
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Managerial Finance
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Autumn/Spring
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6
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MATH941
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Financial Calculus
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Autumn
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6
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MATH942
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Numerical Methods
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Spring
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6
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MATH943
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Practitioners' Seminars
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Annual
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0
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STAT920
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Stochastic Methods in Finance
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Autumn
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6
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STAT921
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Multiple Regression & Time Series
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Spring
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6
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Plus one STAT and one FIN subject chosen from:
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STAT922
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Statistical Inference & Multivariate Analysis
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Spring
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6
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STAT923
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Applied Probability & Financial Risk
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Autumn
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6
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FIN922
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Advanced Investment Analysis
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Autumn
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6
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FIN923
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Advanced Portfolio Management
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Spring
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6
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