Bachelor of Mathematics and Finance (Honours) (Risk Management and Insurance)
Risk Management and Insurance covers a wide range of activities including the assessing, quantifying, monitoring and mitigating of financial risk exposures for projects, companies and financial institutions. It also monitors compliance with relevant financial regulations. In particular, actuaries are professionals with strong mathematical backgrounds who deal with the financial impact of risk and uncertainty.
This degree
The Bachelor of Mathematics and Finance (Honours) teaches you the skills to apply sophisticated mathematical and statistical techniques to real-world problems. You are also encouraged to develop computing and communication skills, which are assets in the job market.
Bankers, investment managers, insurance companies and financial companies all rely on financial mathematics to survive and stay ahead of the competition. Maths and Finance graduates work in all areas of industry and government as risk managers, investment advisers, traders, financial analysts and more. They work in all aspects of the finance sector from traditional banking to futures trading.
There are opportunities for scholarships from corporate partners, plus summer scholarships and undergraduate research projects with academic staff, access to programs of the Australian Mathematical Sciences Institute (AMSI) and inter-university courses via our Access Grid Room.
What you will study
You will develop a strong background in mathematics and statistics essential to a career in corporate and banking risk management such as market, credit and operational risk.
Subjects you will study include: financial calculus, risk and insurance, advanced corporate finance, applied probability and financial risk, financial economics and statistical inference. You will complete a Mathematics and Finance Honours Project.
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 Deadline: Dec
- July Deadline: May
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
Career opportunities
Auditor Banker Analyst Financial controller Accountant Policy advisor Business adviser OHS officer HR manager consultant Stock broker Insurance broker Fund manager Exporter/importer Public relations coordinator Market researcher Advertising executive Brand/product manager Event manager
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: 085498K
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 04 Year
-
Total Tuition Fee:
135360 AUD
Annual Cost of Living: 24505 AUD
Application Fee: N/A
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