This internet browser is outdated and does not support all features of this site. Please switch or upgrade to a different browser to display this site properly.

Units in second semester 2020 may be delivered online and in alternative formats whilst restrictions in relation to the COVID-19 pandemic are in place.

Financial Mathematics

Financial Mathematics (Advanced)

Undergraduate Major

MJRH-ADFMA

Major
Financial Mathematics Major (BAdvSci) (Honours)
Admission criteria
Guaranteed ATAR 95
Credit
800

Outline

The Financial Mathematics (BAdvSci) (Honours) major provides a flexible and personalised approach to studying Financial Mathematics with students able to explore the field through for-credit immersive research experiences, industry placement and/or interdisciplinary team-based projects.

Financial Mathematics

Get the Curtin edge

Access to leadership programs, specialist facilities and industry placements give you a competitive edge in the job market.

Top 1 %

Curtin is ranked in the top one per cent of universities worldwide (Academic Ranking of World Universities 2019).

Global education

You’ll have access to a range of international study opportunities.

This major is part of the Bachelor of Advanced Science (Honours), a course designed for high performing students to pursue their interest in Science through a core of research, leadership and entrepreneurship. It provides a flexible and personalised approach to studying Financial Mathematics with students able to explore the field through for-credit immersive research experiences, industry placement and/or interdisciplinary team-based projects. The major culminates in a capstone experience in which students will have the opportunity to pursue Mathematics projects that may be based anywhere from pure research right through to translational (entrepreneurial) science.

Mathematics is the study of concepts such as quantity, structure, space and change and to use these concepts to model and describe the behaviour of real world complex systems. It has been described as the science of patterns, whether found in numbers, space, science, engineering, computers, imaginary abstractions, or elsewhere. Through abstraction and logical reasoning, mathematics evolved from counting, calculation, measurement, and the systematic study of the shapes and motions of physical objects.

Today, mathematics is used in most fields, including technology, natural science, engineering, medicine, finance and the social sciences, such as sociology and psychology. This Financial Mathematics Major provides graduates with a broad range of analytical and mathematical skills, with particular relevance to statistical modelling and operations research in the financial context.

Students will receive a strong grounding in corporate finance, financial institution, financial markets and various branches of the financial services industry, enhancing the employment prospects of graduates in the technological, industrial and commercial sectors. Students may select from units in accounting, economics and business.

Work-based learning in this course is ensured through the requirement to engage in immersive industry and/or research experience.

The Bachelor of Advanced Science (Honours) provides opportunities through second and third year to undertake internal and external internships and immersive work experience, sourced by the student, which can be used for course credit.

This major sits within the Bachelor of Advanced Science (Honours) degree. To apply for this major, you will apply for the Bachelor of Advanced Science (Honours).

Please refer to the handbook for additional course overview information. 

Why study

Mathematics & Statistics at Curtin University has a strong reputation in Australia in the areas of Applied, Computational and Financial Mathematics. Curtin is one of only three universities in Australia with above world-standard expertise in both applied mathematics and computational mathematics, as confirmed in the ERA 2015 results. Our leading position in industrial, applied and financial mathematics is also supported by collaborative links with WA companies and government organisations such as DSTO, Woodside, Linkforce Engineering, and Sateva.

How this course will make you industry ready

This course teaches advanced mathematics and statistics and their real-world applications in the financial context.

Curtin has strong links with industry and the business world. As a result of this close interaction, the units offered are designed to develop the practical skills needed to address real-world problems. A work experience program runs from second year onwards, exposing students to real applications of their mathematical studies, and introducing them to potential employers through embedded research and industry engagement you will have the opportunity to investigate multiple areas of specialisation and tailor you final year experience that prepares you for the industry of your choice.

Student profile

View our student profile table to get an indication of the likely peer cohort for new students at Curtin University. This table provides data on students that commenced undergraduate study and passed the census date in the most relevant recent intake period for which data are available. It includes those admitted through all offer rounds and international students studying in Australia.

Professional recognition

Graduates of this course may be eligible for membership in the Statistical Society of Australia (SSAI) and/or Australian Mathematical Society (Aust MS).

Career information

  • Commercial banker
  • Finance/funds manager
  • Financial planner
  • Superannuation manager

What you'll learn

  • Demonstrate an advanced knowledge of the nature of science, its methods and processes, and an advanced knowledge of mathematical and statistical principles and concepts in a range of mathematical disciplines; solve problems relevant to science, industry, commerce and government.
  • Apply mathematical and statistical methods to critically analyse challenging and multi-faceted problems and to think creatively to generate innovative solutions.
  • Access and make judgements on the value of available knowledge using a variety of tools, and incorporate them into the planning, conduct and communication of their own work.
  • Communicate approaches, ideas, findings and solutions to financial mathematics problems in a variety of modes to informed professional audiences.
  • Use established and emerging technologies in the field of financial mathematics to address complex research questions.
  • Demonstrate intellectual independence and engage in self-driven continuous discipline and professional education and training in the mathematical sciences.
  • Be aware of the diversity of international perspectives and apply international standards of practice within their profession as a mathematical scientist in the financial services industry.
  • Work collaboratively and respectfully with colleagues from a range of cultural backgrounds; understand the importance of cultural diversity and how it impacts a mathematician in the financial services industry.
  • Work ethically and professionally as an independent mathematician in the financial services industry and collaboratively within teams either as a professional leader or collaborator.

Entry requirements

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are outlined in the IELTS table below.

IELTS Academic (International English Language Testing System)
Writing 7.0
Speaking 7.0
Reading 7.0
Listening 7.0
Overall band score 7.0

You may demonstrate English proficiency using the following tests and qualifications.

Cut-off scores

Please note: The cut-off scores below are for 2018 only.

Qualification Score
GCE/STPM/HKALE (A-levels - best of three) 14
HKDSE 25
IB 37
Ontario Gr 12 (best of 6) 90
ATAR (including WACE/SACE/HCE/VCE) 95
WAUFP (CPS) 75
India (CBSE) 98
Sri Lanka 14

Please select a country above.

Advanced standing

At Curtin, we understand that everyone’s study journey has been different.

You may have already studied some of the units (subjects) listed in your Curtin course at another educational institution, or you may have work experience that matches the degree requirements.

A successful CRL application exempts you from having to complete certain units within your course and means you could finish your degree in a shorter amount of time.

CRL is also known as recognition of prior learning, advanced standing and credit transfer.

Use the CRL search to find out how much CRL you qualify for, or contact us at:

Email: ci-enquiries@curtin.edu.au
Tel: 1300 222 888

CRL search

Fees & charges

Please view the degree for indicative fees.

How to apply

Please review information on how to apply for the campus of your choice

Apply now

Help is at hand

See our frequently asked questions or get in touch with us below.

  • As an international student, can I work in Australia while I'm studying?
  • Where can I get an electronic Confirmation of Enrolment document if I am an international student?
  • Why choose Curtin?
  • What are the courses available for international students?
  • What Scholarships are available for future international students?
  • Browse all FAQs

Opening hours: Mon–Fri: 8:00am–5:00pm (UTC+8) excl. public holidays.

Call us: +61 8 9266 5888