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.

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

  • Commerical 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.

Admission criteria

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.

I recently attended high school

Applicants with recent secondary education are those whose admission is primarily based on the completion of Year 12 within the last two years, but also includes those who may have completed their senior secondary studies with a TAFE or other VET provider within the same time frame. This includes applicants whose secondary education was undertaken interstate or overseas.

  • Guaranteed ATAR : 95
  • Essential WACE subjects (pre-requisites)

    Mathematics Specialist ATAR

  • STAT entry : STAT is not accepted for this course

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Other admission options

Lowest selection rank to which a recent Year 12 student offer was made (including the consideration of any equity or other adjustment factors)

View the lowest selection rank (incorporating ATAR plus any adjustments) of an applicant to which an offer of a place was made in the most relevant recent intake period, this includes any ATAR adjustments.

Selection rank adjustments (previously referred to as ATAR related adjustments)

Details of the types of adjustment factors (bonus points) commonly available to applicants can be found on our StepUp to Curtin webpage.

ATAR and selection rank profile for those offered places wholly or partly on the basis of ATAR in the most recent intake period

View data on the ATAR and selection rank profile of offers made from the most relevant recent intake period.

I have work and life experience

Applicants with work and life experience are those who left secondary education more than two years ago (i.e. who are not classified as recent secondary education applicants) and have not undertaken vocational education training (VET) or higher education study since then.

‘Experience’ includes a combination of factors sufficient to demonstrate readiness for higher education such as mature-age entry, professional experience whether completion of the Special Tertiary Admission Test (STAT) is required or not, community involvement or work experience. Applicants may have undertaken non-formal programs that have helped prepare them for tertiary education or are relevant to the proposed higher education field of study.

  • Guaranteed ATAR : 95
  • Essential WACE subjects (pre-requisites)

    Mathematics Specialist ATAR

  • STAT entry : STAT is not accepted for this course

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

I’ve studied at TAFE or done an apprenticeship

Applicants with vocational education and training (VET) study are those whose highest level of study since leaving secondary education is a VET course. This includes study at a public TAFE or other VET provider, whether a qualification was completed or not. Applicants with VET study may have other qualifications such as a Year 10 or Year 12 secondary school certificate.

  • Guaranteed ATAR : 95 OR
  • TAFE:

    Not accepted. VET study cannot meet the equivalent ATAR requirement.

  • Essential WACE subjects (pre-requisites)

    Mathematics Specialist ATAR

  • STAT entry : STAT is not accepted for this course

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

I’ve gone to university before

Applicants with higher education are those whose highest level of study since leaving secondary education is a higher education course, such as a university degree. This includes applicants who are currently studying a higher education course at another education provider and want to transfer to Curtin University, or applicants who are currently studying at Curtin but want to switch to a different course. It also includes applicants who have completed past study with university and non-university higher education providers.

  • Curtin offers a variety of bridging courses to help you meet the admission criteria for this course. Find out more about our bridging courses.
  • Essential WACE subjects (pre-requisites)

    Mathematics Specialist ATAR

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Curtin course switcher criteria

To switch into this course, you need to have:

  • attained an ATAR of 95; or
  • completed 200 credits over one year with a course weighted average (CWA) of 80% or higher; and
  • met the prerequisites.

The Maths Specialist prerequisite can be met with:

  • Maths Specialist ATAR; or
  • MATH1015 Linear Algebra 1 and MATH1016 Calculus 1.

Higher education course switcher criteria

This course has a semester one intake only. Please refer to the TISC website for more information.

This course is designed for high performing science students. As such students are expected to maintain a minimum academic standard. If that standard is not reached students will be recommended to transition to the Bachelor of Science (Financial Mathematics).

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, or you may have work experience that matches the degree requirements.

If this applies to you, you can apply for credit for recognised learning (CRL), which means your previous study is recognised and matched against a similar unit in your intended Curtin course.

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: crl@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

  • The offering information on this website applies only to future students. Current students should refer to faculty handbooks for current or past course information. View courses information disclaimer.

  • Curtin course code: MJRH-ADFMA
  • Last updated on: December 10, 2019