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Monash University

  • 43% international / 57% domestic

Expert Master of Financial Mathematics

  • Masters (Coursework)

Do you have an aptitude and passion for mathematics and statistics, a keen interest in finance and insurance and want to work for a major financial organisation in finance, insurance or the money market?

Key details

Degree Type
Masters (Coursework)
Duration
2 years full-time
Course Code
S6001, 086157A
Study Mode
In person
Intake Months
Feb, Jul
Domestic Fees
$5,500 per year / $11,000 total
International Fees
$44,500 per year / $89,000 total

About this course

Do you have an aptitude and passion for mathematics and statistics, a keen interest in finance and insurance and want to work for a major financial organisation in finance, insurance or the money market? This course will provide you with a deep understanding of the world of finance,and give you the ability to speak its 'language'. This course combines theory with hands-on practical skills via an industry placement or research project -ensuring you graduate with the right skills increasingly being sought by banks and other financial institutions.

The Master of Financial Mathematics offers advanced training in the core areas of stochastic, financial and insurance modelling, statistical analysis and computational methodology, as well as in a wide range of elective topics from economics, econometrics, finance, mathematics and probability.

Graduates of this course are likely to enter specialist careers in research departments within banks, insurance and consultancy firms or work on derivatives valuation and portfolio management within investment houses.

The School of Mathematical Sciences sits within the leading Faculty of Science at Monash University. This vibrant, dynamic and successful School is undergoing a period of growth with the appointment of several new senior academic staff including Professor Gregoire Loeper, Course Director for the Masters of Financial Mathematics. With mathematics as the fundamental underpinning of so many subject areas, sectors and disciplines, the School is also building ever stronger collaborations with relevant industries, including the financial sector.

Study locations

Clayton

Graduate outcomes

Graduate satisfaction and employment outcomes for Science & Mathematics courses at Monash University.
92.6%
Overall satisfaction
83.2%
Skill scale
75.8%
Teaching scale
92.4%
Employed full-time
$96k
Average salary