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Unit of study_

FMAT3888: Projects in Financial Mathematics

Mathematics and statistics are powerful tools in finance and more generally in the world at large. To really experience the power of mathematics and statistics at work, students need to identify and explore interdisciplinary links. Engagement with other disciplines also provides essential foundational skills for using mathematical and statistical ideas in financial contexts and in the world beyond. In this unit you will commence by working on a group project in an area of financial mathematics or statistics. From this project you will acquire skills of teamwork, research, wring and project management as well as disciplinary knowledge. You will then have the opportunity to apply your disciplinary knowledge in an interdisciplinary team to identify and solve problems and communicate your findings.

Code FMAT3888
Academic unit Mathematics and Statistics Academic Operations
Credit points 6
Prerequisites:
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(MATH2070 or MATH2970) and (STAT2011 or STAT2911)
Corequisites:
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None
Prohibitions:
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None
Assumed knowledge:
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STAT2X11, MATH2X70

At the completion of this unit, you should be able to:

  • LO1. Apply disciplinary knowledge to solve problems in an interdisciplinary context.
  • LO2. Find, define and delimit authentic problems in order to address them.
  • LO3. Create an investigation strategy, explore solutions, discuss approaches and predict outcomes.
  • LO4. Analyse data using modern information, technology and digital skills.
  • LO5. Demonstrate integrity, confidence, personal resilience and the capacity to manage challenges, both individually and in teams.
  • LO6. Collaborate with diverse groups and across cultural and disciplinary boundaries to develop solution(s) to the project problems.
  • LO7. Communicate project outcomes effectively to a broad audience.