Master of Financial Mathematics
Master of Financial Mathematics
UQ’s Master of Financial Mathematics is designed to equip you with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace. You’ll study the pricing of financial contracts such as financial and real options, management of investment portfolios, capital adequacy requirements for financial institutions, valuation of…
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COURSE DESCRIPTION
UQ’s Master of Financial Mathematics is designed to equip you with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.
You’ll study the pricing of financial contracts such as financial and real options, management of investment portfolios, capital adequacy requirements for financial institutions, valuation of firms, optimal capital management and optimal contracting.
The program offers you a practical and flexible curriculum that you can tailor to your interests and career goals through a range of elective courses, including Computation in Financial Mathematics, Financial Calculus, Machine Learning, Financial Risk Management, and Econometrics of Financial Markets.
You’ll also be able to experience financial markets first-hand with an industry placement project, applying your knowledge and skills while working in sectors such as banking, energy trading or superannuation.
With a Master of Financial Mathematics qualification from UQ you’ll be highly sought after by investment banks, corporate risk management units, insurance companies, fund management institutions, financial regulatory bodies, brokerage firms and trading companies.
REQUIREMENTS
It’s possible to complete this degree in 2 years or 1.5 years depending on your qualifications and experience.
You can apply for any duration as long as you meet the entry requirements. You may also be eligible to apply for credit or exemptions to shorten your degree further. You’ll graduate with the same qualification no matter how long you take to complete the degree.
2-year degree (32 units of study)
To be eligible to complete the degree in 2 years full-time (only available as full-time study), you’ll need:
a bachelor’s degree (or equivalent) in any discipline with first-year, university-level mathematics (including single-variable and multi-variable calculus, ordinary differential equations, and linear algebra), or
a graduate diploma (or equivalent) in financial mathematics, or
to have successfully completed 3 years of study towards an approved qualification at an overseas partner institution, with a formal pathway to the Master of Financial Mathematics.
You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.
1.5-year degree (24 units of study)
If you have relevant prior learning or experience, you can reduce the number of courses you need to complete and graduate in less time.
To be eligible to complete the degree in 1.5 years full-time (only available as full-time study), you’ll need:
a bachelor’s degree (or equivalent) in mathematics, or
a bachelor’s degree (or equivalent) majoring in mathematics.
You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.
EDUCATIONAL INSTITUTION
The University of Queensland (UQ) is in the world’s top 50 universities. It is internationally renowned for its academic excellence and is the winner of more national teaching awards than any other Australian university. UQ is a member of the Universities 21 and a founding member of the Group of Eight (Go8) universities and a member of Universities Australia. UQ is a multicultural hub home to nearly 20,200 international students from 142 countries. Based in Brisbane, UQ has three campuses with advanced facilities and centres to support its students.
