- 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)
Testamur Title of Degree: | Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) |
Abbreviation: | BMathFin(Hons)(Dean'sSchol) |
UOW Course Code: | 362 |
CRICOS Code: | 085501J |
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 |
Delivery Mode: | On-campus (Face-to-face) |
Delivery Campus / UAC Code: | Wollongong / 756520 |
Additional Information: |
Overview
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 complete the normal course requirements for the degree with the addition of an early research subject. 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.
Entry Requirements
Academic requirements and English requirements are available from the Course Finder.
Course Learning Outcomes
Students graduating from the Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) will be able to:
- Demonstrate advanced theoretical and technical knowledge in mathematics, statistics and finance.
- Integrate knowledge derived from finance and mathematics.
- 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.
- Transmit mathematical, statistical and financial knowledge, skills and ideas to others.
- Apply mathematical and statistical knowledge to professional practice in finance.
- Apply professional, social and ethical approaches in learning to demonstrate autonomy and well-developed judgement as a financial mathematician or statistician.
- 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
Course programs for the Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) degree consist of the current (non-Dean's Scholar) Bachelor of Mathematics and Finance (Honours) program, with the following changes.
- Students may replace MATH407 with a 400 level subject from the List of Electives.
Continuation in the 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 equivalent non-Dean's Scholars degree.
Students who enrol in Bachelor of Mathematics and Finance (Honours) (Dean’s Scholar) are required to satisfactorily complete at least 192 credit points of subjects, consisting of:
- all compulsory subjects listed in the course structure table below,
- one of Dean’ Scholar core subjects, i.e. either MATH235 Mathematics Project A or STAT235 Statistics Project A.
- INFO401 Mathematics and Finance Honours Project (12 credit points);
- at least 54 additional credit points of 300- and/or 400-level subjects; which must include:
- 18 credit points of MATH/STAT/INFO* subjects,
- 18 credit points of ACCY/FIN/ECON subjects,
- 18 credit points of 400-level subjects, and
- at least one 400-level 6 credit point MATH, STAT or INFO* subject, other than MATH407.
*Refers to INFO subjects in the List of Electives.
In order to progress to the fourth Dean's Scholar version of the Honours program, students must attain an average of at least 65% 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 General Course Rules Section 8. The Honours grade will be calculated in accordance with Method 2.
Subject Code | subject Name | Credit Points | Session(s) |
---|---|---|---|
Year 1 | |||
ACCY111 | Accounting Fundamentals In Society | 6 | Autumn, Spring |
ACCY112 | Accounting In Organisations | 6 | Autumn, Spring |
ECON111 | Introductory Microeconomics | 6 | Autumn, Spring |
MATH187 | Mathematics 1: Algebra and Differential Calculus | 6 | Autumn |
MATH188 | Mathematics 2: Series and Integral Calculus | 6 | Spring |
MATH111 | Applied Mathematical Modelling 1 | 6 | Spring |
STAT131 | Understanding Variation and Uncertainty# | 6 | Autumn |
Plus ONE of the following two subjects: | |||
ISIT111 | Programming Concepts | 6 | Autumn, Spring |
CSCI114 | Procedural Programming | 6 | Autumn, Spring |
# Not compulsory, but highly recommended. Students may select an alternative subject from the List of Electives or enrol in a compulsory subject from a later year of the program | |||
Year 2 | |||
FIN 222 | Corporate Finance | 6 | Autumn, Spring |
ECON101 | Macroeconomic Essentials for Business | 6 | Autumn, Spring |
MATH201 | Multivariate and Vector Calculus | 6 | Autumn |
MATH202 | Differential Equations 2 | 6 | Spring |
FIN 223 | Investment Analysis | 6 | Autumn, Spring |
STAT231 | Probability and Random Variables | 6 | Autumn |
STAT232 | Estimation and Hypothesis Testing | 6 | Spring |
Plus ONE subject chosen from List of Electives | |||
Year 3 | |||
FIN 322 | Advanced Corporate Finance | 6 | Spring |
FIN 323 | Portfolio Analysis | 6 | Autumn |
ECON331 | Financial Economics | 6 | Spring |
MATH203 | Linear Algebra | 6 | Autumn |
MATH317 | Financial Calculus | 6 | Autumn |
STAT332 | Linear and Generalised Linear Models | 6 | Spring |
Plus ONE subject chosen from List of Electives | 6 | ||
Plus ONE of the Dean’s Scholar core subjects below | |||
MATH235 | Mathematics Project A | 6 | Autumn, Spring |
STAT235 | Statistics Project A | 6 | Autumn, Spring |
Year 4 | |||
MATH407 | Research Methods | 6 | Autumn |
INFO401 | Mathematics and Finance Honours Project | 12 | Annual |
Plus subjects chosen from the List of Electives | 30 | ||
List of Electives | |||
Any MATH, STAT, FIN or ECON subject plus the subjects below. | |||
ACCY200 | Financial Accounting IIA | 6 | Autumn, Spring |
ACCY201 | Financial Accounting IIB | 6 | Spring |
ACCY228 | Taxation for Financial Planners | 6 | Spring |
CSCI103 | Algorithms and Problem Solving | 6 | Autumn, Spring |
CSCI124 | Applied Programming | 6 | Autumn, Spring |
CSCI204 | Object and Generic Programming in C++ | 6 | Autumn, Spring |
CSCI235 | Database Systems | 6 | Spring |
IACT201 | Professional Practice & Ethics | 6 | Autumn |
INFO411 | Data Mining and Knowledge Discovery | 6 | Autumn |
INFO412 | Mathematics for Cryptography | 6 | Autumn |
ISIT112 | Database | 6 | Spring |
LAW 101 | Law, Business and Society | 6 | Autumn |
MARK101 | Marketing Principles | 6 | Autumn, Spring |
MGMT110 | Introduction to Management | 6 | Autumn, Spring |
MGMT208 | Introduction to Management for Professionals A | 6 | Autumn |
Majors
All Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) students wishing to qualify for one of the major studies must satisfy all the Course Rules specified above. To qualify for a major, additional requirements must be met, which are detailed below together with suggested programs of study. The possible majors are:
Credit Arrangements
Credit and articulation arrangements are available from the Course Finder. Refer to UOW's credit arrangements for information on how to apply for credit.
Professional Recognition/Accreditation
The Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) is accredited by the Australian Mathematical Society.
Completion of this degree provides 'points' towards membership of Financial Services Institute of Australasia (FINSIA). (Their membership system allocates points based on a person's qualifications and industry experience. See their website for more details.
The Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) major "Financial Planning" has been placed on the Australian Securities and Investment Commission's (ASIC) training register. This means that students completing this major will satisfy Tier 1 of ASIC's training requirements relevant to a range of advisory activities. Such accreditation is very important for those wishing to pursue quantitative careers in the financial services industry.
Students who complete the "Risk Management and Insurance" major and who wish to pursue a professional actuarial qualification are eligible for entry to the Master of Actuarial Studies (1.5 years) at the University of New South Wales (minimum credit average 65% grade), the Master of Actuarial Practice (1.5 years) at Macquarie University (minimum GPA of 3), and the Master of Actuarial Statistics (1 year) or Master of Actuarial Studies (2 year) programs at the Australian National University (minimum 65% grade in last two years of study). Students may also qualify for exemptions in these courses and should contact program directors about the level of professional qualification offered in each Masters degree.
Other Information
Further information is available at:
UOW Course Finder
Email: eis@uow.edu.au