Master of Mathematics and Quantitative Finance
| Program start date | Application deadline |
| 2024-02-05 | - |
| 2024-07-22 | - |
Program Overview
The Master of Mathematics and Quantitative Finance program at UTS equips students with advanced mathematical concepts and practical applications in finance. It combines core subjects in quantitative finance and mathematics, preparing graduates for careers in the rapidly evolving financial landscape. The program emphasizes problem-solving, communication, and industry-relevant software skills, making graduates highly sought after by leading employers in the financial industry.
Program Outline
Degree Overview:
The Master of Mathematics and Quantitative Finance program at UTS is designed to meet the increasing demand in the field of quantitative finance within various industries. The program combines advanced mathematical concepts with practical applications in finance, preparing graduates with the necessary skills and knowledge to excel in a rapidly evolving financial landscape.
Objectives:
- Equip students with a comprehensive understanding of mathematical foundations, including calculus, algebra, and probability.
- Develop students' ability to formulate and solve complex financial problems using mathematical models.
- Provide students with hands-on experience in industry-relevant software applications.
- Enhance students' communication and presentation skills in the context of financial analysis and decision-making.
- Prepare students for a successful career in quantitative finance or related fields.
Outline:
The program comprises 96 credit points of core subjects, encompassing both quantitative finance and mathematics.
Quantitative Finance Core Subjects:
Students complete 72 credit points of core subjects in quantitative finance, including:
- Fundamentals of Software Development
- Advanced Communication Skills in Science
- Understanding Data and Statistical Design
- Calculus 1
- Algebra
- Probability and Random Variables
- Quantitative Management Practice
- Calculus 2
- Financial Market Instruments
- Interest Rates and Credit Risk Models
- Fundamentals of Derivative Security Pricing
- Risk Management
- Probability Theory and Stochastic Analysis
- Statistics and Financial Econometrics
Mathematics Core Subjects:
Students complete 24 credit points of core subjects in mathematics, including:
- Calculus 1
- Advanced Communication Skills in Science
- Algebra
- Probability and Random Variables
- Calculus 2
- Quantitative Management Practice
- Understanding Data and Statistical Design
- Calculus 2
- Quantitative Management Practice
- Understanding Data and Statistical Design
- Fundamentals of Software Development
Assessment:
Students are assessed through a variety of methods, including:
- Assignments
- Quizzes
- Exams
- Projects
- Presentations
- Reports Assessment criteria typically include:
- Technical accuracy
- Depth of analysis
- Clarity of communication
- Problem-solving skills
- Teamwork and collaboration
Teaching:
The program is taught by a team of experienced academics and industry professionals with expertise in mathematics, finance, and quantitative analysis. Teaching methods include:
- Lectures
- Tutorials
- Workshops
- Guest lectures
- Industry case studies
Careers:
Graduates of the Master of Mathematics and Quantitative Finance program are highly sought after by leading employers in the financial industry, including:
- Investment banks
- Hedge funds
- Asset management companies
- Risk management firms
- Regulatory bodies
- Government organizations Potential career paths include:
- Quantitative analyst
- Risk management analyst
- Quantitative structurer
- Quantitative developer
- Forecaster
- Trader
- Investment analyst
- Financial engineer
University of Technology Sydney
Overview:
University of Technology Sydney (UTS) is a public university located in Sydney, Australia. It is known for its focus on practical, industry-relevant education and its strong research output. UTS is ranked among the top 100 universities in the world and is recognized as Australia's top university for research impact.
Services Offered:
UTS offers a wide range of services to its students, including:
Academic Support:
Academic advisors, tutoring services, and learning resources to help students succeed in their studies.Career Development:
Career counseling, job search assistance, and internship opportunities to prepare students for their future careers.Student Life:
A vibrant campus community with clubs, societies, and social events to enhance the student experience.Health and Wellbeing:
Counseling services, health clinics, and support programs to promote student well-being.Accommodation:
On-campus housing options for students seeking convenient and comfortable living arrangements.Library:
A comprehensive library with extensive resources, study spaces, and technology support.Student Life and Campus Experience:
UTS offers a dynamic campus experience with a strong sense of community. Students can participate in a variety of clubs and societies, attend social events, and engage in leadership opportunities. The university's central location in Sydney provides easy access to the city's cultural attractions, entertainment venues, and employment opportunities.
Key Reasons to Study There:
Industry-Relevant Education:
UTS focuses on practical, hands-on learning that prepares students for real-world careers.Strong Research Output:
The university is recognized for its high-quality research, particularly in areas like artificial intelligence, data science, and robotics.Global Rankings:
UTS consistently ranks among the top universities in the world, demonstrating its commitment to academic excellence.Vibrant Campus Community:
Students can enjoy a lively campus environment with a wide range of clubs, societies, and social events.Central Location:
UTS is located in the heart of Sydney, providing easy access to the city's amenities and employment opportunities.Academic Programs:
UTS offers a wide range of undergraduate and postgraduate programs across various disciplines, including:
Analytics and Data Science
Business
Communication
Design, Architecture and Building
Education
Engineering
Health
Information Technology
International Studies
Law
Science
Transdisciplinary Innovation
Other:
UTS is committed to social justice and sustainability, with initiatives focused on supporting Indigenous education and research, promoting diversity and inclusion, and addressing environmental challenges. The university also offers a range of short courses and microcredentials for individuals seeking to upskill or enhance their career prospects.
Entry Requirements:
Applicants must have completed a UTS recognised bachelor's degree, or an equivalent or higher qualification, or submitted other evidence of general and professional qualifications that demonstrates potential to pursue graduate studies.
Language Proficiency Requirements:
The English proficiency requirement for international students or local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64 with a writing score of 50; or C1A/C2P: 176-184 with a writing score of 169.
