Course code: #3127
These are mandatory and all come with course.
Utilise sophisticated mathematical and statistical modelling to solve real-world problems and gain an edge over your competition with the Master of Mathematical Sciences (Financial Mathematics) at UOW.
You will develop the practical skills necessary to be a leader in formulating, implementing and evaluating the models used to structure transactions, manage risk and construct investment strategies.
The Master of Mathematical Sciences (Financial Mathematics) will equip you with a range of analytic, modelling, statistical and computational skills that can be applied directly to the financial sector and the broader business landscape.
In your first year, you will study core preparation and foundational subjects in areas such as multivariate and vector calculus, differential equations, statistical inference and model building, and managerial finance.
From your second year, you will also study advanced topics and investigations in these areas and have the opportunity to complete cross-disciplinary subjects in other fields where mathematics and statistics are critical, such as engineering, health, and computer science.
You will also complete a research or coursework-focused capstone subject.
$52,263
| Cost of living | 1 person | $8,052 |
| Accommodation | 1 bed room | $15,063 |
| Tuition | 1 person | $37,200 |
If you do not already meet the English requirements for your chosen course, you can complete an English course at UOW College Australia.
UOW also recognises English language courses offered by some other colleges in Sydney.
A guide to the length of the English course you may need to study is provided below.
Please note that this table should only be considered a guide. Lower Writing scores may mean you'll need to study English for longer.
| Score at time of application | Estimated time required to reach IELTS entry score (weeks) | |||||
|---|---|---|---|---|---|---|
| IELTS | TOEFL | 5.0 | 5.5 | 6.0 | 6.5 | 7.0 |
| 6.5 | 86 | 12 | ||||
| 6.0 | 70 | 6* | 12 | 18 | ||
| 5.5 | 54 | 6# | 12 | 18 | 24 | |
| 5.0 | 40 | 12 | 18 | 24 | 30 | |
| 4.5 | 12 | 18 | 24 | 30 | 36 | |
| 4.0 | 18 | 24 | 30 | 36 | 42 | |
| 3.5 | 24 | 30 | 36 | 42 | 48 | |
| 3.0 | 30 | 36 | 42 | 48 | 48+ | |
* for students with 6.0 overall but 5.5 in either reading or writing
# for students with 5.5 overall but less than 5.0 in reading or writing
A bachelor's degree with a major or minor in mathematics or statistics.
Applying based on a mathematics or statistics minor must include a minimum of 12 credit points of mathematics or statistics subjects at the 200 level or higher.
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