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Units in first semester 2021 may be delivered online and in alternative formats whilst restrictions in relation to the COVID-19 pandemic are in place.

Financial Mathematics

Financial Mathematics

Undergraduate Major

MJRU-FNMAT

Major
Financial Mathematics Major (BSc Science)
Admission criteria
Guaranteed ATAR 80
Credit
600

Outline

Learn analytical and mathematical skills useful for a career in financial operations.

Cutting-edge

Graduate ready to work in environments where research and discovery abound.

Professional recognition

Graduates can gain professional membership to the Statistical Society of Australia, Australian Society for Operations Research and the Australian Mathematical Society.

Top 1 %

Curtin is ranked in the top one per cent of universities worldwide.

Academic Ranking of World Universities 2020.

Financial mathematicians apply mathematical models and numerical tools to practical everyday applications, such as financial markets. They gather statistical data on the financial decisions that people make, which helps business and government make better informed decisions, especially in uncertain economic climates.

This course will provide you with a range of analytical and mathematical skills, with particular relevance to statistical modelling and operations research in finance.

You will gain a strong grounding in corporate finance, financial institutions, financial markets and various branches of the financial services industry – which will enhance your employment prospects in the technological, industrial and commercial sectors. You can select from units in accounting, economics and business.

In your final year you’ll undertake a project where you’ll put your skills into practice. Examples of previous projects include investigating the relationships between foreign exchange rates and Australian currency volatility; the effectiveness of using stochastic differential equations to model stock price; and statistical analysis of a portfolio strategy based on fluctuating prices.

This major sits within the Bachelor of Science (Science) degree. It can also be studied as part of the Bachelor of Advanced Science course.

See our handbook for more course information.

Why study

This course teaches advanced mathematics and statistics and their real-world applications in the financial context. The knowledge and skills you'll gain are relevant for careers in technological, industrial and commercial sectors.

How this course will make you industry ready

Curtin has strong links with industry and the business world. As a result, the units in this course 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.

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 to the Statistical Society of Australia (SSAI), Australian Society for Operations Research and Australian Mathematical Society (Aust MS).

Career information

Careers

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

Industries

  • Banking and finance
  • Econometrics
  • Education
  • Government
  • Insurance
  • Investment banking
  • Risk management

Further study

What you'll learn

  • understand and apply mathematical and statistical principles and concepts in a range of mathematical disciplines such as operations research, statistics, numerical analysis or applied mathematical modelling, and to solve problems relevant to science, industry, commerce and government
  • apply mathematics and statistical methods to critically analyse problems in finance and to think creatively to generate innovative solutions
  • locate, extract and critically appraise relevant evidence and scientific literature in relation to mathematical science
  • communicate effectively within the context of mathematical science through the written word and by oral presentation
  • use new technologies to effectively gather data and communicate information
  • understand the theoretical framework of mathematical science and work as a responsible, reflective, self-directed and motivated lifelong learner
  • 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
  • understand cultural diversity and how it impacts a mathematician in the financial services industry
  • display professional behaviour both independently and as a team member through the use of recognised ethical practices in the financial service industries

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 6.0
Speaking 6.0
Reading 6.0
Listening 6.0
Overall band score 6.0

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

Cut-off scores

Please note: The cut-off scores below are for 2020 only.

Qualification Score
GCE/STPM/HKALE (A-levels - best of three) 8
HKDSE 18
IB 28
Ontario Gr 12 (best of 6) 70
ATAR (including WACE/SACE/HCE/VCE) 80
WAUFP (CPS) 59
India (CBSE) 70%
India (HSC) 71%
Sri Lanka 8

Please select a country above.

Essential course prerequisites

Mathematics (including calculus). Further mathematics is desirable.

Mathematics (including calculus). Further mathematics is desirable.

Application information

If applying for this major through Curtin, rather than through TISC, you will apply for the Bachelor of Science (Science).

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: +61 8 9266 5888

CRL search

Fees & charges

Please view the Bachelor of Science (Science) 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.


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  • 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: MJRU-FNMAT
  • Last updated on: September 15, 2020