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University of New South Wales (UNSW)

Kensington , New South Wales ,Australia

Master of Financial Mathematics

Modern finance heavily relies on mathematical modelling, for instance managing investment portfolios, financial planning, pricing of financial products, or analysing business risk. The UNSW Master of Financial Mathematics program offers high-level training in principles of modern finance and its mathematical foundations, stochastic analysis, risk assessment, and relevant computational techniques. 

Campus Information

Kensington

High St Kensington, NSW 2052 Australia

Intakes

  • Feb

Application Processing Time in Days: 21

Application Process

Application Processing
21 Days

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Career Opportunities

  • Financial Planner
  • Financial Trader
  • Financial Consultant
  • Bank Manager
  • Investment Banker
  • Insurance Specialist
  • Quantitative Analyst
  • Risk Analyst

PSW Opportunity

  • 2 years Post Study work visa for international students completing a Masters at Sydney campus.
  • 3 years Post Study work visa for international students completing Masters at Canberra campus.
  • 3 years for Masters by Research.

 

Admission Requirement / Eligibility Criteria

To gain entry to this program, students must:

  • Have completed a Bachelor of Mathematics or a Bachelor of Science undergraduate degree with a major in mathematics or statistics; and
  • Have sufficient mathematical and/or statistical background, as indicated by an average of 65 or above in level III mathematics and/or statistics university courses.

Notes:

In addition, students must have permission of the Head of School or Nominee to be admitted into the program.

Prospective international students should note they will need to meet the University's English language requirements.

Advanced Standing:

Honours graduates in Mathematics or Statistics from UNSW (or equivalent) may receive advanced standing of up to a maximum of 24 UOC and may complete the degree within 48 UOC, or one year of full time study.

Students with a Graduate Diploma in Mathematics and Statistics from UNSW with a weighted average mark of 70 or more may receive advanced standing of up to a maximum of 48 UOC and may complete the degree with 24 UOC, or 0.5 year of full time study.The specific advanced standing to be awarded will be determined at the time of admission and will be based on the student's background and previous study.