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Master of Financial Mathematics
Testamur Title of Degree: | Master of Financial Mathematics |
Abbreviation: | MFinMath |
UOW Course Code: | 1548 |
CRICOS Code: | 050301F |
Study Areas / Disciplines / My University Key Words: | Financial Mathematics,Financial, Mathematics, Derivatives, Investment, Analysis, Modelling, Statistics, Portfolio. |
Duration: | 1 year full-time or part-time equivalent |
Total Credit Points: | 48 |
Home Faculty: | Faculty of Engineering & Information Sciences |
Intake Session(s): | Autumn / Spring |
Delivery Mode: | On campus (Face-to-face) |
Delivery Campus: | Wollongong |
Additional Information: | Course Finder |
Course Description
The Master of Financial Mathematics provides a range of analytic, modelling, statistical and computational skills that can be applied directly to business and industry. Training is also provided in the high demand area of quantitative financial analysis, exposing students to the way in which the discipline is used in this field.
Students will attain the practical skills needed to be leaders in the formulation, implementation and evaluation of the models used by the financial sector to structure transactions, manage risk and construct investment strategies.
Entry Requirements
Academic requirements, English language requirements, assumed knowledge and credit transfer details are available from Course Finder.
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 structure
Subjects | Session | Credit Points | |
Managerial Finance | Sessions TBA | 6 | |
Financial Calculus | Autumn | 6 | |
Numerical Methods in Finance | Spring | 6 | |
Practitioners' Seminars | Annual | 0 | |
Stochastic Methods in Finance | Autumn | 6 | |
Linear and Generalised Linear Models | Spring | 6 | |
and | |||
Advanced Risk and Insurance | n/o 2014 | 6 | |
or | |||
Advanced Managerial Finance | Sessions TBA | 6 | |
Plus one STAT and one FIN subject chosen from: | |||
Statistical Inference | Spring | 6 | |
Applied Probability and Financial Risk | Autumn | 6 | |
Investment Management | Sessions TBA | 6 | |
Portfolio Management | Sessions TBA | 6 | |
Portfolio Simulation | Sessions TBA | 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:
UOW Course Finder
Email: eis@uow.edu.au