Faculty of Engineering, Computing and Mathematics

This is an elite qualification aimed at providing graduates with quantitative skills at the cutting edge of modern financial mathematics and financial engineering.

Course outline

The course is aimed at graduates who plan to work for banks, financial institutions, investment funds, and actuarial and insurance companies, or in risk management. Fields of study include financial theory and modelling, mathematical and computational foundations, and electives in finance or mathematics.

Students must complete a 72 point program of advanced study comprising 12 units worth 6 points each for 3 semesters.  A full-time student can complete the program in 3 semesters, whilst part-time students will be required to complete the program in 3 years.

The course consists of a program of advanced study to the total value of 72 to 76 points approved by the Faculty comprising:

• one unit from each of Groups A, B, C and D (28 or 30 points); and
• units to make up the remaining number of points required for the course from Group E

Group A

• ECON7415 International Finance (8 points)
• FINA7401 Microstructure of Financial Markets (8 points)
• FINA7463 Current Developments in Derivative Securities (8 points)
  

Group B

• FINA7481 Advanced Investments (8 points)
• FINA7482 Advanced Corporate Finance (8 points)
  

Group C

• MATH7421 4A1: Financial Mathematics
• MATH7429 4A9: Topics in Applied Mathematics
  

Group D

• ECON7413 Topics in Applied Econometrics (8 points)
• STAT7449 4S9: Topics in Probability and Statistics
• STAT7450 4S5: Time Series Methods and Applications
  

Group E

• ACCT1101 Financial Accounting
• ECON7413 Topics in Applied Econometrics (8 points)
• ECON7423 Financial Economics (8 points)
• FINA2204 Derivatives: Markets and Products (DS1)
• FINA2221 Introduction to Finance
• FINA3306 Derivatives: Investment Strategies (DS2)
• FINA3324 Investment Analysis
• FINA7481 Advanced Investments (8 points)
• FINA7482 Advanced Corporate Finance (8 points)
• FINA7540 Topics in Corporate Finance (8 points)
• FINA7550 Topics in Investment Analysis (8 points)
• MATH3321 3OR: Operations Research
• MATH3322 3A2: Numerical Analysis and Numerical Computing
• MATH3327 3A7: Chaos and Dynamical Systems
• MATH7423 4A3: Advanced Topics in Optimisation
• MATH7426 4A6: Advanced Dynamical Systems
• STAT3361 3S1: Random Processes and Their Applications
• STAT3364 3S4: Applied Probability in Commerce and Finance
• STAT3366 3S6: Applied Statistical Methods
• STAT7441 4S1: Statistical Inference
• STAT7444 4S4: Computer Intensive Methods in Statistics
• any finance related units in Table 4.2.2u (Level 2 and 3 Units Offered by the Faculty) in the UWA Business School Rules in the Undergraduate Handbook

Admission requirements

A bachelor's degree from this University, completed with a weighted average mark of 60% or better, or equivalent as recognised by the Faculty.

Students must have demonstrated knowledge of mathematics and statistics equivalent to the content of the following units; Calculus and Probability MATH2209 and MATH202 Multivariable Calculus and Linear Algebra and STAT2225  Statistical Science or Quantitative Methods for Finance FINA2205.

Domestic students
All UWA coursework programs: English Language Competence

All UWA coursework programs: English Language Competence