Master of Financial Mathematics
Study Discipline: Business Administration
Study Programme Details
| City: | Brisbane |
| Country: | Australia |
| Admission Sessions: | Autumn Session, Spring Session |
| Study Format: | Full Time |
| Mode of Study: | Fully on Site |
About this Study Course
Embark on a transformative journey into the heart of financial mathematics with the Master of Financial Mathematics program at the University of Queensland (UQ). Delve deep into the realm of sophisticated mathematical and computational techniques aimed at measuring and managing risk in the dynamic financial marketplace.
Our comprehensive curriculum encompasses a spectrum of cutting-edge subjects, from the pricing of financial contracts to the management of investment portfolios, capital adequacy requirements, firm valuation, and optimal capital management. With elective courses like Computation in Financial Mathematics, Financial Calculus, Machine Learning, Financial Risk Management, and Econometrics of Financial Markets, you’ll have the flexibility to tailor your studies to align with your passions and career aspirations.
Overview
Experience the pulse of financial markets firsthand through an industry placement project, where you’ll apply your acquired knowledge and skills in sectors such as banking, energy trading, or superannuation. Upon graduation, armed with a Master of Financial Mathematics from UQ, you’ll emerge as a highly sought-after professional, coveted by investment banks, corporate risk management units, insurance companies, and regulatory bodies alike.
Immerse yourself in a world of limitless possibilities with the Master of Financial Mathematics program at the University of Queensland. Gain mastery over cutting-edge computational methodologies, mathematical modeling, and stochastic methods in finance, empowering you to identify strategic investment opportunities, manage portfolios, and price financial products with precision and confidence.
Benefit from UQ’s robust industry connections and governmental affiliations, offering you invaluable insights and exposure to real-world financial dynamics. Through an immersive industry placement, witness the intricacies of financial markets firsthand, honing your skills and amplifying your understanding of the field.
Designed for individuals with backgrounds in mathematics, commerce, or economics/econometrics, this program serves as a gateway to a myriad of rewarding career paths in finance and beyond. Whether you aspire to unravel the complexities of global markets, shape investment strategies, or drive innovation in financial technologies, the Master of Financial Mathematics at UQ equips you with the tools, knowledge, and network to turn your ambitions into reality.
Admission Requirements
For a 2-year degree (32 units of study):
- Bachelor’s degree in any discipline with first-year university-level mathematics or equivalent, or
- Graduate diploma in financial mathematics, or
- 3 years of study towards an approved qualification at an overseas partner institution, with a formal pathway to the Master of Financial Mathematics.
- Minimum GPA of 5.0 on a 7-point scale in previous qualification.
- English language proficiency certificate meeting the following requirements:
- IELTS overall 6.5; reading 6; writing 6; speaking 6; listening 6.
- TOEFL iBT (including Paper Edition) – Overall 87, listening 19, reading 19, writing 21, and speaking 19.
- PTE Academic – Overall Score of 64 and 60 in all sub-bands.
- BE – A minimum overall grade of 4 plus a minimum grade of C in all macro skills.
- CES – Overall 176 and 169 in all sub-bands.
For a 1.5-year degree (24 units of study):
- Bachelor’s degree in mathematics or equivalent.
- Minimum GPA of 5.0 on a 7-point scale in previous qualification.
- English language proficiency certificate meeting the same requirements as listed above.
- Introduction to Software Engineering
- Calculus and Linear Algebra I
- Mathematical Probability
- Financial Mathematics
Annual fee:
- International:AUD $48,160
- Domestic:$7,910
Future Career Outcomes
Emerge as a trailblazer in the finance industry with the Master of Financial Mathematics from the University of Queensland. Join the ranks of our esteemed alumni who have carved out successful careers as quantitative analysts, risk managers, financial engineers, portfolio managers, and derivatives traders, among other esteemed roles.
Experience firsthand the demand for expertise in financial mathematics as you navigate through a diverse array of career opportunities, spanning investment banks, corporate risk management units, insurance companies, regulatory bodies, brokerage firms, and trading companies. With a robust skill set honed through our comprehensive program, you’ll be poised to thrive in a dynamic and ever-evolving financial landscape.
Related Career Pathways
Financial Quantitative Analyst, Financial Risk Manager, Quantitative Analyst, Risk Manager, Risk Manager/Analyst
Visa Requirements:
For visa information, please visit Australia page for student visa and student life.
