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Overview

The program is intended for students who have completed a degree in Mathematics or Statistics, or a Science degree with a major in mathematics or statistics, and who wish to further their knowledge of mathematical finance and statistics. The program offers intensive, high-level training in principles of financial modelling and … For more content click the Read More button below.

Learning Outcomes

1.
Graduates will have acquired advanced disciplinary knowledge and skills in financial mathematics, and an ability to apply these in a range of contexts;
2.
Graduates will have developed an understanding of enquiry-based learning and demonstrate analytical skills as they relate to financial mathematics;
3.
Graduates will have developed advanced critical thinking and problem solving skills in mathematical finance;
4.
Graduates will be able to communicate effectively to a range of audiences in both written and oral forms, and be capable of independent and collaborative enquiry and working effectively with others;
5.
The program will enhance research, inquiry and analytical thinking skills and abilities in mathematical finance.

Graduate Capabilities

For more information on Graduate Capabilities please click on this link

Program Structure
72 Units of Credit:

Students must complete 72 UOC as a standalone program.

The program consists of 72 UOC comprised of:

1. 30 UOC of compulsory Core Coursework Courses

2. 30 UOC of Electives chosen from the School of Mathematics and Statistics and/or outside the School of Mathematics and Statistics

3. 12 UOC of compulsory supervised Research Project

Core Courses

Students must take 30 UOC of the following courses.

MATH5335
6 UOC
Computational Methods for Finance
MATH5816
6 UOC
Continuous Time Financial Modelling
MATH5835
6 UOC
Stochastic Processes
MATH5965
6 UOC
Discrete Time Financial Modelling
MATH5975
6 UOC
Introduction to Stochastic Analysis

Project

Students must take 12 UOC of the following courses.

Students who choose to complete the project on a part-time basis enrol in MATH5001 Project (6 UOC) over two consecutive terms in place of MATH5925 Project (12 UOC).

MATH5925
12 UOC
Project
MATH5001
6 UOC
Coursework Masters Project

Electives

Students must take 30 UOC of the following courses.

Please Note: Students are allowed to take up to 18 UOC (3 courses) outside the School of Mathematics and Statistics provided that the courses are at postgraduate level and approved by the Postgraduate Coursework Coordinator.

MATH5165
6 UOC
Optimization
MATH5175
6 UOC
Special Topics in Applied Mathematics A
MATH5185
6 UOC
Special Topics in Applied Mathematics B
MATH5285
6 UOC
Fluids, Oceans and Climate
MATH5295
6 UOC
Special Topics in Applied Mathematics D
MATH5305
6 UOC
Computational Mathematics for Science and Engineering
MATH5335
6 UOC
Computational Methods for Finance
MATH5425
6 UOC
Graph Theory
MATH5505
6 UOC
Combinatorics
MATH5515
6 UOC
Special Topics in Pure Mathematics A
MATH5525
6 UOC
Special Topics in Pure Mathematics B
MATH5535
6 UOC
Special Topics in Pure Mathematics C
MATH5605
6 UOC
Functional Analysis
MATH5615
6 UOC
Banach and Operator Algebras
MATH5645
6 UOC
Number Theory
MATH5665
6 UOC
Algebraic Topology
MATH5685
6 UOC
Complex Analysis
MATH5705
6 UOC
Modern Analysis
MATH5715
6 UOC
Harmonic Analysis
MATH5725
6 UOC
Galois Theory
MATH5735
6 UOC
Modules and Representation Theory
MATH5785
6 UOC
Geometry
MATH5805
6 UOC
Special Topics in Statistics
MATH5806
6 UOC
Applied Regression Analysis
MATH5816
6 UOC
Continuous Time Financial Modelling
MATH5825
6 UOC
Measure, Integration and Probability
MATH5826
6 UOC
Statistical Methods in Epidemiology
MATH5835
6 UOC
Stochastic Processes
MATH5836
6 UOC
Data Mining and its Business Applications
MATH5845
6 UOC
Time Series
MATH5855
6 UOC
Multivariate Analysis
MATH5885
6 UOC
Longitudinal Data Analysis
MATH5895
6 UOC
Nonparametric Statistics
MATH5905
6 UOC
Statistical Inference
MATH5906
6 UOC
Design & Analysis of Clinical Trials
MATH5916
6 UOC
Survival Analysis
MATH5945
6 UOC
Categorical Data Analysis
MATH5960
6 UOC
Bayesian Inference and Computation
MATH5965
6 UOC
Discrete Time Financial Modelling
MATH5975
6 UOC
Introduction to Stochastic Analysis
MATH5985
6 UOC
Term Structure Modelling

Minimum Level 5/6 Mathematics UOC

Students must complete a minimum of 54 UOC of the following courses.

Information Rule

Students seeking to enrol into a project are required to have the approval of the Head of School or Nominee and normally will be required to have attained a WAM of 70 or higher in the first eight (8) courses (48 UOC) of the program.Enrolment into a Research Project is … For more content click the Read More button below.

Enrolment Disclaimer

Please note that this Handbook is a comprehensive catalogue of our offerings and includes courses that can be taken to satisfy program requirements irrespective as to their availability for a particular year. Availability of courses is best checked using filters on this site or on the class timetable site.

You are responsible for ensuring that you enrol in courses according to your program requirements and by following the advice of your Program Authority. myUNSW enrolment checks that you have met enrolment requirements such as pre-requisites for individual courses but not that you are enrolling in courses that will count towards your program requirements.

Admission Requirements

Entry Requirements

For more information about admission requirements for various UNSW programs, visit the following website(s):
Domestic Students
International Student

Program Requirements

Progression Requirements

Pathways

Articulation Arrangements

Graduate Diploma - GradDip5659 - Mathematics and Statistics
Graduate Certificate - GradCert7659 - Mathematics and Statistics

Recognition of Achievement

Award with Excellence
Current Students Award with Excellence
For more information, please visit the link above.
The Award with Excellence is awarded in coursework masters programs, including Masters (Extension) but with the exception of Masters (Extended) such as JD and MD, when a Weighted Average Mean (WAM) of at least 80% has been achieved and at least 50% of the requirements of the award are completed at UNSW. All eligible programs will award 'with Excellence' except in special circumstances where approval of Academic Board has been given for a program to opt out.

Program Fees

At UNSW fees are generally charged at course level and therefore dependent upon individual enrolment and other factors such as student's residency status. For generic information on fees and additional expenses of UNSW programs, click on one of the following:

Domestic Students
Commonwealth Supported Students (if applicable)
International Students

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)
Pre-2019 Handbook Editions