The University of Queensland
Master of Financial Mathematics
Nationally Recognised Higher EducationUQ’s Master of Financial Mathematics is designed to equip you with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.
You'll study the pricing of financial contracts such as financial and real options, management of investment portfolios, capital adequacy requirements for financial institutions, valuation of firms, optimal capital management and optimal contracting.
The program offers you a practical and flexible curriculum that you can tailor to your interests and career goals through a range of elective courses, including Computation in Financial Mathematics, Financial Calculus, Machine Learning, Financial Risk Management, and Econometrics of Financial Markets.
You'll also be able to experience financial markets first-hand with an industry placement project, applying your knowledge and skills while working in sectors such as banking, energy trading or superannuation.
Delivery mode
The University of Queensland offers this course through the following delivery modes:
On campus
Work with instructors and classmates in a supportive and collaborative environment.
Locations
- 280-284 Sir Fred Schonell Dr, St Lucia
Entry requirements
Domestic Students
- There are no mandated entry requirements.
2-year degree (32 units of study)
To be eligible to complete the degree in 2 years full-time (only available as full-time study), you'll need:
- a bachelor's degree (or equivalent) in any discipline with first-year, university-level mathematics (including single-variable and multi-variable calculus, ordinary differential equations, and linear algebra), or
- a graduate diploma (or equivalent) in financial mathematics, or
- to have successfully completed 3 years of study towards an approved qualification at an overseas partner institution, with a formal pathway to the Master of Financial Mathematics.
You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.
1.5-year degree (24 units of study)
If you have relevant prior learning or experience, you can reduce the number of courses you need to complete and graduate in less time.
To be eligible to complete the degree in 1.5 years full-time (only available as full-time study), you'll need:
- a bachelor's degree (or equivalent) in mathematics, or
- a bachelor's degree (or equivalent) majoring in mathematics.
You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.
2-year degree (32 units of study)
To be eligible to complete the degree in 2 years full-time (only available as full-time study), you'll need:
- a bachelor's degree (or equivalent) in any discipline with first-year, university-level mathematics (including single-variable and multi-variable calculus, ordinary differential equations, and linear algebra), or
- a graduate diploma (or equivalent) in financial mathematics, or
- to have successfully completed 3 years of study towards an approved qualification at an overseas partner institution, with a formal pathway to the Master of Financial Mathematics.
You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.
1.5-year degree (24 units of study)
If you have relevant prior learning or experience, you can reduce the number of courses you need to complete and graduate in less time.
To be eligible to complete the degree in 1.5 years full-time (only available as full-time study), you'll need:
- a bachelor's degree (or equivalent) in mathematics, or
- a bachelor's degree (or equivalent) majoring in mathematics.
You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.
English language requirements
- IELTS overall 6.5; reading 6; writing 6; speaking 6; listening 6.
- TOEFL iBT (including Paper Edition) - Overall 87, listening 19, reading 19, writing 21 and speaking 19.
- PTE Academic - Overall Score of 64 and 60 in all sub bands.
- BE - A minimum overall grade of 4 plus a minimum grade of C in all macro skills.
- CES - Overall 176 and 169 in all sub bands.
- OET is not accepted.
Course fees
$15,820
$96,320
Career opportunities
The Master of Financial Mathematics will prepare you for the following roles.
Credit Risk Analyst
A Credit Risk Analyst is responsible for evaluating the creditworthiness of potential clients and monitoring the financial performance of existing ...
Financial Engineer
A Financial Engineer develops and implements innovative financial models and strategies to address complex financial challenges. You may work withi...
Investment Analyst
An Investment Analyst evaluates financial data and trends to provide investment recommendations. You might work in financial institutions, investme...
Quantitative Analyst
A Quantitative Analyst applies mathematical and statistical techniques to analyse financial data and support decision-making in financial markets. ...
Risk Analyst
A Risk Analyst analyses information and data to assess risk. You might work in banking, insurance or a range of other industries. Risk Analysts mak...
About The University of Queensland
The University of Queensland (UQ) is one of Australia’s leading research and teaching institutions. We strive for excellence through the creation, preservation, transfer and application of knowledge. For more than a century, we have educated and worked with outstanding people to deliver knowledge leadership for a better world.
Our core purpose is to deliver for the public good through excellence in education, research and engagement with our communities and partners: local, national and global.
At UQ, we offer rich and varied educational experiences that are designed to foster a sense of belonging, while equipping our students to be leaders within their field with the agility to thrive in a global environment.
