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Program

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In response to COVID-19, the University of Sydney has reviewed the availability of courses to be delivered remotely for students commencing their studies in Semester 1, 2022.

This course component will be available to study remotely for students commencing in Semester 2, 2021. Please note that some units of study that are not essential to completing the course component may not be available to be studied remotely.

Note: The University intends to offer as many units of study as possible in a remote as well as face-to-face learning method of delivery in Semester 1, 2021 and subject to ongoing border closures and public health orders impacting attendance on campus, in Semester 2, 2021. However, some units of study and courses require students to study in-person at the relevant University of Sydney campus/es and host locations for placements and will not be available remotely.

About this program

A program in Mathematical Sciences allows you develop an additional level of expertise in field by building upon the embedded major with additional units of study.

Financial mathematics and statistics is designed to meet the needs of a particularly popular area of employment for our mathematics graduates. Mathematics is the foundation of the financial world. It allows investors, traders and bankers to make optimal decisions and to distribute risk in a rational way. The mathematics behind finance is, however, not simple and relies heavily on ideas from statistics and the mathematical theory of random events.

Financial Mathematics and Statistics will give you a broad introduction to the methods and ideas of mathematical finance and will prepare you for employment in the financial sector or for honours and further study in the field.

Graduate opportunities

Graduates with a major in financial mathematics and statistics are highly sought after by the finance industry, which continues to need graduates with quantitative skills.

The expertise acquired is needed not only for the operation and analysis of investment portfolios, but also to establish, operate and maintain protocols for pricing traditional products like options and futures and modern products such as barriers, caps, swaps, exotics and other derivative securities.

Students who graduate from Mathematical Sciences will be able to show:

  • Ability to construct logical, clearly presented and justified arguments incorporating deductive reasoning
  • Knowledge of the principles and concepts of a broad range of fundamental areas in mathematics and statistics
  • Ability to formulate and model practical and abstract problems in mathematical or statistical terms using a variety of methods
  • Ability to apply mathematical principles, concepts, techniques and technology to solve practical and abstract problems and interpret results critically
  • Understanding of the breadth of the discipline, its role in other fields and the way that other fields contribute to development in Mathematical Sciences
  • Appropriate interpretation of information communicated in statistical or mathematical form
  • Appropriate presentation of information, reason and conclusions in a variety of modes to diverse audiences (expert and non-expert).
Career pathways
Courses that offer this program

To commence study in the year

Units of study in this program

To commence study in the year

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

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