Outline
Outline
Financial mathematicians apply mathematical models and numerical tools to practical everyday applications, such as financial markets. They gather statistical data on the financial decisions people make, which helps business and government make more 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 receive 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 will undertake a project that will allow you to put your skills into practice. In the past, students have investigated relationships between foreign exchange rates and Australian currency volatility, studied the effectiveness of using stochastic differential equations to model stock price and statistically analysed a portfolio strategy based on fluctuating prices.
Please refer to the handbook for additional course overview information.
How to apply
This major sits within the Bachelor of Science degree. To apply for this major, you will apply for the Bachelor of Science. In step 3 of the application process, you will be asked to confirm the major you wish to study.
Applying as an undergraduate student is easy. For information tailored to your situation, visit our easy to follow instructions to get your application started.
Ready to apply?
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.
What jobs can the Financial Mathematics course lead to?
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
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
