Master of Financial Mathematics
The growth of quantitative and computational finance has led to an increased demand for professionals with skills in both finance and mathematics. In particular, skills in stochastic processes, numerical methods, partial differential equations and optimisation are crucial in industries such as banking, insurance, utilities, investment and any company affected by international exchange rates.
In this degree, you will learn practical skills to lead the formulation, implementation and evaluation of models used by the financial sector to structure transactions, manage risk and construct investment strategies. The degree will be a valuable asset if you are seeking to further your career in managerial roles in the finance sector.
This degree
You will receive training in the high demand area of quantitative financial analysis, giving you first-hand experience in the way in which this discipline is used in this field.
The Practitioners' Seminars component of the course will provide you with first-hand knowledge from experts working in the field.
What you will study
Subjects include Multivariate and Vector Calculus, Differential equations: Analysis and Applications, Random Variables and Estimation, Statistical Inference and Introduction to Model Building, Managerial Finance, Stochastic Methods in Finance, and Applied Probability and Financial Risk.
You will learn about quantitative financial analysis and a range of analytical, statistical, computational and modelling skills. These are 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.
Campus Information
Wollongong
UOW’s main Wollongong campus is set in native Australian bush and is one of the most picturesque university campuses in Australia. Less than two kilometres east is UOW’s Innovation Campus – a research and technology precinct that houses innovative organisations as well as some of UOW’s leading research institutes.
Intakes
- Feb
- July
Application Processing Time in Days: 8
Application Process
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
We provide resources, programs, events and services to help students to establish appropriate career goals and to identify pathways and strategies to achieve those goals.
University of Wollongong support students in the following ways:
1. ORGANISE JOB FAIRS
2. JOB BOARD
3. CAREERS EVENTS & WORKSHOPS
4. WORK INTEGRATED LEARNING
PSW Opportunity
Students can get 2 years PSW visa if they complete the studies from Sydney Camus and 3 years PSW visa if the course is completed from Wollongong Campus.
Admission Requirement / Eligibility Criteria
- Course Code: 083829A
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 02 Year
-
Total Tuition Fee:
67680 AUD
Annual Cost of Living: 24505 AUD
Application Fee: N/A
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