Bachelor of Advanced Science (Honours) in Financial Mathematics

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 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 the use of 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 institutions, financial markets and various branches of the financial services industry, enhancing the employment prospects of graduates in the technological, industrial and commercial sectors.