Prerequisites
Bachelor degree with first year university level mathematics (including single-variable and multi-variable calculus, ordinary differential equations, and linear algebra); orGraduate Diploma in Financial Mathematics.UQ or equivalent GPA of 5.5 or above on a 7 point scale.
IELTS overall 6.5; reading 6; writing 6; speaking 6; listening 6. For other English Language Proficiency Tests and Scores approved for UQ
TOEFL IBT - Overall 87, listening 19, reading 19, writing 21 and speaking 19.
TOEFL PB - Overall 570, listening 54, reading 54, writing 59/5.
Pearsons - Overall Score of 64 and 60 in all sub bands.
BE - A minimum overall grade of 4 plus a minimum grade of C in all macro skills.
CES - Overall 176 and 169 in all sub bands.
OET is not accepted.
UQ’s Master of Financial Mathematics is designed to equip you with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.
You'll study the pricing of financial contracts such as financial and real options, management of investment portfolios, capital adequacy requirements for financial institutions, valuation of firms, optimal capital management and optimal contracting.
Our two year full-time program offers you a practical and flexible curriculum that you can tailor to your interests and career goals through a range of elective courses, including Computation in Financial Mathematics, Financial Calculus, Machine Learning, Financial Risk Management, and Econometrics of Financial Markets.
You'll also be able to experience financial markets first-hand with an industry placement project, applying your knowledge and skills while working in sectors such as banking, energy trading or superannuation.
With a Master of Financial Mathematics qualification from UQ you’ll be highly sought after by investment banks, corporate risk management units, insurance companies, fund management institutions, financial regulatory bodies, brokerage firms and trading companies.
CRICOS CODE: 079389K
More info: Click here
MFinMath Foundational Courses
Complete 8 units comprising:
4 units for all MFinMath Compulsory Foundational Courses, and
4 units from MFinMath Elective Foundational Courses
MFinMath Compulsory Foundational Courses
Complete 4 units for ALL of the following:
Introduction to Software Engineering
Applied Mathematical Analysis
A student must complete no more than 8 units of transitional courses.
MFinMath Elective Foundational Courses
Complete exactly 4 units from the following:
Finance
Calculus & Linear Algebra II
Mathematical Probability
A student must complete no more than 8 units of transitional courses.
MFinMath Core Courses
Complete 6 units for ALL of the following:
Financial Mathematics
Computation in Financial Mathematics
Financial Calculus
MFinMath Research Project Courses
Complete 4 to 8 units from the following:
Project or Thesis
Code for students completing the course in one semester.
Minor Project A
Minor Project B
Mini Project A
Mini Project B
MFinMath Program Elective Courses
Complete 10 to 14 units from the following:
Topics in Functional Analysis & Measure Theory
Machine Learning
Numerical Methods in Computational Science
High-Performance Computing
Applied Econometrics for Macroeconomics and Finance
Corporate Finance
Portfolio Management
Further Topics in Operations Research
Operations Research & Mathematical Planning
Numerical Linear Algebra and Optimisation
Functional Analysis
Probability Models & Stochastic Processes
Postgraduate study can take you anywhere. Here are some of the careers you could be on your way to:
Investment banker
Retail banker
Market risk manager
Data scientist
Financial planning manager
Stockbroker
Financial product developer
Credit risk analyst
Business intelligence manager
Funds manager
OSHC 530 ($) AUD per year
