Financial Mathematics
MJRU-FNMAT

Financial Mathematics

Undergraduate major

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

This offering version is phasing out and no longer taking applications. You may be able to apply for a later version.

Course outline
  • ATAR

    ATAR

    Guaranteed ATAR 80
  • Qualification
    Financial Mathematics Major (BSc Science)
  • Credit

    Credit

    600
Course outline

Check the application deadline for the parent course

Course outline
Financial Mathematics

Overview

Overview

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, and 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.

How this course will make you industry ready

  • Curtin's strong links with industry and business have informed the design of this course, to ensure you gain the practical skills needed to address real-world problems.
  • A work experience program runs from second year onwards, exposing you to real applications of their mathematical studies, and introducing you 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.

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

Professional recognition and accreditation

Graduates of this course may be eligible for membership of the Statistical Society of Australia (SSAI), the Australian Society for Operations Research and the Australian Mathematical Society (Aust MS).

Admission criteria

What you need in order to get into this course. There are different pathway options depending on your level of work and education experience.

Select an option that best suits you:

You’re considered a high school leaver if you:

  • Completed year 12 in Australia or overseas in the past two years, or
  • Completed TAFE or VET studies in the past two years.

ATAR pathway

  • Guaranteed ATAR 80

    This course has a guaranteed ATAR of 80

  • Essential WACE subjects (prerequisites)

    Essential WACE subjects (prerequisites)

    Mathematics Methods ATAR

  • Desirable WACE subjects

    Desirable WACE subjects

    There are no desirable WACE subjects for this course.

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

StepUp Entry

StepUp Entry

Successful StepUp Entry and StepUp Equity Adjustment Admission Pathway (StepUp Bonus) applicants will be eligible to be considered for admission into this course.

Alternative pathways

  • STAT entry

    Special Tertiary Admissions Test (STAT)

    Not accepted.

English requirements

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are outlined in the IELTS table below.

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

IELTS Academic (International English Language Testing System)

Writing

6.0

Speaking

6.0

Reading

6.0

Listening

6.0

Overall band score

6.0

Find your pathway to Curtin

Think you don’t have the marks or qualifications to study at Curtin? We have several pathways to help you meet admission. Use our pathway finder to find your best way to studying with us.

Pathway finder tool

How others gained admission

View the ATAR breakdown to see the low, median and high ATAR scores of students who started studying this course recently.

To see the other pathways students have taken, see the pathway breakdown.

You’re considered someone with work and life experience if:

You have left secondary education more than two years ago (i.e. who are not classified as recent secondary education applicants) and have not undertaken vocational education training (VET) or higher education study since then.

How we define ‘experience’

‘Experience’ includes a combination of factors sufficient to demonstrate readiness for higher education such as mature-age entry, professional experience whether completion of the Skills for Tertiary Admissions Test (STAT) is required or not, community involvement or work experience. Applicants may have undertaken non-formal programs that have helped prepare them for tertiary education or are relevant to the proposed higher education field of study.

Pathways

  • STAT entry

    Special Tertiary Admissions Test (STAT)

    Not accepted.

English requirements

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are outlined in the IELTS table below.

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

IELTS Academic (International English Language Testing System)

Writing

6.0

Speaking

6.0

Reading

6.0

Listening

6.0

Overall band score

6.0

Find your pathway to Curtin

Think you don’t have the marks or qualifications to study at Curtin? We have several pathways to help you meet admission. Use our pathway finder to find your best way to studying with us.

Pathway finder tool

You’re considered someone who studied at TAFE or have done an apprenticeship if:

Applicants with vocational education and training (VET) study are those whose highest level of study since leaving secondary education is a VET course. This includes study at a public TAFE or other VET provider, whether a qualification was completed or not. Applicants with VET study may have other qualifications such as a Year 10 or Year 12 secondary school certificate.

Pathways

  • TAFE entry

    • AQF Diploma; or
    • AQF Advanced Diploma

    AND

    • satisfied the prerequisite.

    The Maths Methods prerequisite can be met with:

    • Maths Methods ATAR; or
    • MATH1013 Introductory Mathematics or MATH1005 Pre-Calculus, and MATH1014 Foundations of Calculus

    OR

    • TAFE Advanced Diploma with suitable modules including Calculus.

  • STAT entry

    Special Tertiary Admissions Test (STAT)

    Not accepted.

English requirements

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are outlined in the IELTS table below.

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

IELTS Academic (International English Language Testing System)

Writing

6.0

Speaking

6.0

Reading

6.0

Listening

6.0

Overall band score

6.0

Find your pathway to Curtin

Think you don’t have the marks or qualifications to study at Curtin? We have several pathways to help you meet admission. Use our pathway finder to find your best way to studying with us.

Pathway finder tool

You’re considered someone who has recently left university if:

Applicants with higher education are those whose highest level of study since leaving secondary education is a higher education course, such as a university degree. This may include applicants who are currently studying a higher education course at another education provider and want to transfer to Curtin University, or applicants who are currently studying at Curtin but want to switch to a different course. It may also include applicants who have completed past study with university and non-university higher education providers.

Curtin course switcher criteria

Has achieved an ATAR of 80 or higher; and met prerequisite;

OR

Has completed minimum 100cr; with 75cr in the semester prior to application; and met the course specific prerequisites.

Prerequisite: Mathematics Methods ATAR.

Higher education course switcher criteria

To switch into this course from another higher education course, you need to have:

  • attained an ATAR of 80 plus any unit/s assessed as comparable to Maths Methods ATAR; or
  • if you have studied Maths Applications or equivalent:
    • completed 100 credits within one semester, with a semester weighted average (SWA) of 65% or higher, plus any unit/s assessed as comparable to Maths Methods ATAR or higher; or
  • if you have studied Maths Methods or equivalent:
    • completed 100 credits within one semester, with an SWA of 60% or higher, plus any unit/s assessed as comparable to Maths Methods ATAR or higher; or
  • completed 200 credits with a course weighted average (CWA) of 55% or higher, plus any unit/s assessed as comparable to Maths Methods ATAR or higher; or
  • completed 400 credits with a CWA of 50% of higher, plus any unit/s assessed as comparable to Maths Methods ATAR or higher.

English requirements

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are outlined in the IELTS table below.

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

IELTS Academic (International English Language Testing System)

Writing

6.0

Speaking

6.0

Reading

6.0

Listening

6.0

Overall band score

6.0

Find your pathway to Curtin

Think you don’t have the marks or qualifications to study at Curtin? We have several pathways to help you meet admission. Use our pathway finder to find your best way to studying with us.

Pathway finder tool

Unsure what option suits you?

We’re here to help you navigate the complexities of university admission. Choose the support you need from the options below.

Find your pathway to Curtin

Think you don’t have the marks or qualifications to study at Curtin? We have several pathways to help you meet admission. Use our pathway finder to find your best way to studying with us.

Pathway finder tool
Credit for recognised learning (CRL)

Use your experience to get credit towards your degree

Finish your course sooner with credit for your previous study or work experience.

Fees and scholarships

Please view the Bachelor of Science (Science) degree for indicative fees.

Looking for more detail on the course structure?

View course structure

Frequently asked questions

Search our FAQs
  • The offering information on this website applies only to future students. Current students should refer to faculty handbooks for current or past course information.

    The information on this page may be subject to change. In particular, Curtin University may change the content, method or location of delivery or tuition fees of courses.

    While Curtin uses reasonable efforts to ensure that the information provided on this page is accurate and up to date, errors and omissions sometimes occur. Curtin makes no warranty, representation or undertaking (expressed or implied) nor does it assume any legal liability (direct or indirect) for the accuracy, completeness or usefulness of any information.

    View courses information disclaimer.

  • Curtin course code: MJRU-FNMAT
  • Last updated on: 24 December 2024

Got a question? We’re here to help.

Call 1300 222 888 Send us an email Ask us a question Book an appointment

Bachelor of Business Administration (BBA) Specialisations

Bachelor of Commerce Specialisations

Bachelor of Innovation Specialisations

Learn more about Commerce

Apply for Financial Mathematics Major (BSc Science)