University of Sydney Handbooks - 2018 Archive

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Financial Mathematics and Statistics Table

Errata
item Errata Date
1. MATH1021 Calculus Of One Variable: Semester 2 session has been added. 1/2/2018
2. MATH3976 Mathematical Computing (Advanced) Prerequisites should read: 12 credit points of MATH2XXX and [3 credit points from (MATH1923 or MATH1903 or MATH1933 or MATH1907), or a mark of 65 or above in (MATH1023 or MATH1003)] 8/3/2018
Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session

FINANCIAL MATHEMATICS AND STATISTICS

Advanced coursework and projects will be available in 2020 for students who complete this major.

Financial Mathematics and Statistics major

A major in Financial Mathematics and Statistics requires 48 credit points from this table including:
(i) 12 credit points of 1000 level units according to the following rules:
(a) 6 credit points of calculus units; 3 credit points of linear algebra units and 3 credit points of statistics units; or
(b) 3 credit points of calculus units; 3 credit points of linear algebra units and 6 credit points of data science units
(ii) 12 credit points of 2000-level core units
(iii) 12 credit points of 3000-level interdisciplinary project and core units
(iv) 6 credit points of 3000-level statistical modelling units
(v) 6 credit points of 3000-level mathematical modelling units

Financial Mathematics and Statistics minor

A minor in Financial Mathematics and Statistics requires 36 credit points from this table including:
(i) 12 credit points of 1000 level units according to the following rules:
(a) 3 credit points of 1000-level calculus units; 3 credit points of multivariable calculus units; 3 credit points of linear algebra units and 3 credit points of statistics units; or
(b) 6 credit points of data science units; 3 credit points of calculus units and 3 credit points of linear algebra units
(ii) 12 credit points of 2000-level core units
(iii) 6 credit points of 3000-level core units
(iv) 6 credit points of 3000-level statistical modelling units

Units of study

The units of study are listed below.

1000-level units of study

Calculus units
MATH1021
Calculus Of One Variable
3    A HSC Mathematics Extension 1. Students who have not completed HSC Extension 1 Mathematics (or equivalent) are strongly advised to take the Extension 1 Mathematics Bridging Course (offered in February).
N MATH1011 or MATH1901 or MATH1906 or MATH1111 or ENVX1001 or MATH1001 or MATH1921 or MATH1931
Semester 1
MATH1921
Calculus Of One Variable (Advanced)
3    A (HSC Mathematics Extension 2) OR (Band E4 in HSC Mathematics Extension 1) or equivalent.
N MATH1001 or MATH1011 or MATH1906 or MATH1111 or ENVX1001 or MATH1901 or MATH1021 or MATH1931

Note: Department permission required for enrolment

Semester 1
MATH1931
Calculus Of One Variable (SSP)
3    A Band E4 in HSC Mathematics Extension 2 or equivalent.
N MATH1001 or MATH1011 or MATH1901 or MATH1111 or ENVX1001 or MATH1906 or MATH1021 or MATH1921

Note: Department permission required for enrolment
Enrolment is by invitation only.
Semester 1
Multivariable calculus units
MATH1023
Multivariable Calculus and Modelling
3    A HSC Mathematics Extension 1. Students who have not completed HSC Extension 1 Mathematics (or equivalent) are strongly advised to take the Extension 1 Mathematics Bridging Course (offered in February).
N MATH1013 or MATH1903 or MATH1907 or MATH1003 or MATH1923 or MATH1933
Semester 2
MATH1923
Multivariable Calculus and Modelling (Adv)
3    A (HSC Mathematics Extension 2) OR (Band E4 in HSC Mathematics Extension 1) or equivalent.
N MATH1003 or MATH1013 or MATH1907 or MATH1903 or MATH1023 or MATH1933

Note: Department permission required for enrolment

Semester 2
MATH1933
Multivariable Calculus and Modelling (SSP)
3    A Band E4 in HSC Mathematics Extension 2 or equivalent.
N MATH1003 or MATH1903 or MATH1013 or MATH1907 or MATH1023 or MATH1923

Note: Department permission required for enrolment
Enrolment is by invitation only.
Semester 2
Statistics units
MATH1005
Statistical Thinking with Data
3    A HSC Mathematics. Students who have not completed HSC Mathematics (or equivalent) are strongly advised to take the Mathematics Bridging Course (offered in February).
N MATH1015 or MATH1905 or STAT1021 or STAT1022 or ECMT1010 or ENVX1001 or ENVX1002 or BUSS1020
Semester 2
Summer Main
Winter Main
MATH1905
Statistical Thinking with Data (Advanced)
3    A (HSC Mathematics Extension 2) OR (90 or above in HSC Mathematics Extension 1) or equivalent
N MATH1005 or MATH1015 or STAT1021 or STAT1022 or ECMT1010 or ENVX1001 or ENVX1002 or BUSS1020

Note: Department permission required for enrolment

Semester 2
MATH1015
Biostatistics
3    A HSC Mathematics. Students who have not completed HSC Mathematics (or equivalent) are strongly advised to take the Mathematics Bridging Course (offered in February).
N MATH1005 or MATH1905 or STAT1021 or STAT1022 or ECMT1010 or BIOM1003 or ENVX1001 or ENVX1002 or BUSS1020
Semester 1
Linear algebra units
MATH1002
Linear Algebra
3    A HSC Mathematics or MATH1111. Students who have not completed HSC Mathematics (or equivalent) are strongly advised to take the Mathematics Bridging Course (offered in February).
N MATH1012 or MATH1014 or MATH1902
Semester 1
Summer Main
MATH1902
Linear Algebra (Advanced)
3    A (HSC Mathematics Extension 2) OR (90 or above in HSC Mathematics Extension 1) or equivalent
N MATH1002 or MATH1012 or MATH1014

Note: Department permission required for enrolment

Semester 1
Data science units
DATA1001
Foundations of Data Science
6    N MATH1005 or MATH1905 or MATH1015 or MATH1115 or ENVX1001 or ENVX1002 or ECMT1010 or BUSS1020 or STAT1021
Semester 1
Semester 2

2000-level units of study

Core
MATH2070
Optimisation and Financial Mathematics
6    A MATH1X23 or MATH1933 or MATH1X03 or MATH1907
P (MATH1X21 or MATH1011 or MATH1931 or MATH1X01 or MATH1906) and (MATH1014 or MATH1X02)
N MATH2010 or MATH2033 or MATH2933 or MATH2970 or ECMT3510


Students may enrol in both MATH2070 and MATH3075 in the same semester
Semester 2
MATH2970
Optimisation and Financial Mathematics Adv
6    A MATH19X3 or MATH1907 or a mark of 65 or above in MATH1003 or MATH1023
P [MATH19X1 or MATH1906 or (a mark of 65 or above in MATH1021 or MATH1001)] and [MATH1902 or (a mark of 65 or above in MATH1002)]
N MATH2010 or MATH2033 or MATH2933 or MATH2070 or ECMT3510


Students may enrol in both MATH2970 and MATH3975 in the same semester
Semester 2
STAT2011
Probability and Estimation Theory
6    P (MATH1X21 or MATH1931 or MATH1X01 or MATH1906 or MATH1011) and (MATH1XX5 or STAT1021 or ECMT1010 or BUSS1020)
N STAT2901 or STAT2001 or STAT2911
Semester 1
STAT2911
Probability and Statistical Models (Adv)
6    P [MATH19X3 or MATH1907 or (a mark of 65 in MATH1023 or MATH1003)] and [MATH1905 or MATH1904 or (a mark of 65 in MATH1005 or ECMT1010 or BUSS1020)]
N STAT2001 or STAT2901 or STAT2011
Semester 1

3000-level units of study

Interdisciplinary project and major core units
MATH3070, MATH3970, STAT3021 to be developed for offering in 2019.
Mathematical modelling units
MATH3076
Mathematical Computing
6    P 12 credit points of MATH2XXX and 6 credit points from (MATH1021 or MATH1001 or MATH1023 or MATH1003 or MATH19X1 or MATH19X3 or MATH1906 or MATH1907)
N MATH3976 or MATH3016 or MATH3916
Semester 1
MATH3976
Mathematical Computing (Advanced)
6    P 12 credit points of MATH2XXX and [6 credit points from (MATH1923 or MATH1903 or MATH1933 or MATH1907), or a mark of 65 or above in (MATH1023 or MATH1003)]
N MATH3076 or MATH3016 or MATH3916
Semester 1
MATH3979 to be developed for offering in 2019.
Statistical modelling units
STAT3023, STAT3022 and STAT3922 to be developed for offering in 2019.
Minor core
MATH3X70 to be developed for offering in 2019.