Financial mathematicians apply mathematical models and numerical tools to practical everyday applications, such as financial markets. 

They gather statistical data on people's financial decisions, which helps businesses and governments make better-informed decisions, especially in uncertain economic climates.

This course will provide you with a range of analytical and mathematical skills, particularly relevant to finance statistical modelling and operations research.

You will gain a firm grounding in corporate finance, financial institutions, financial markets and various branches of the financial services industry, and you can select from units in accounting, economics and business.

In your final year, you’ll undertake a project where you’ll put your skills into practice. 

Examples of previous projects include: 

Investigating the relationships between foreign exchange rates and Australian currency volatility; the effectiveness of using stochastic differential equations to model stock price; and statistical analysis of a portfolio strategy based on fluctuating prices.

This major sits within the Bachelor of Science (Science) degree. It can also be studied as part of the Bachelor of Advanced Science course.

A work experience program runs from second year onward, exposing you to real applications of their mathematical studies, and introducing you to potential employers.

• Passport
• English Language Proficiency Evidence
• Visa Documents (if applicable)
• Academic Transcript
• CV/Resume (Not applicable for SLIIT - Sri Lanka Institute of Information Technology - applicants)

Australian Year 12 (or an accepted international equivalent)

Essential course prerequisites

Mathematics (including calculus). Further mathematics is desirable.

India:

• Indian School Certificate (ISC): 60% from the best four subjects and at least 60% in English or separate evidence of English competence
• All India Senior School Certificate/ Delhi Senior School Certificate Examination: 60% in the best four subjects and at least 60% in English or separate evidence of English competence
• Higher Secondary School Certificate: 65% in the best five subjects

China:

• Gao Kao: 67% of the overall maximum score, or a grade of 322/480,402/600, 503/750, 543/810 or 603/900

OR 

• Successful completion of the first year of a four or five-year Bachelor's degree at a recognised University or authorised degree-granting institution, separate evidence of English competence is required.

Iran:

• Successful completion of the first year of a four-year Bachelor's degree at a Section 1 Higher Education institution listed on AEI CEP, separate evidence of English competence is required.