Quantitative Finance (Master of Commerce)
The Quantitative Finance specialisation is for students who want to apply quantitative methods of analysis within a financial context. The specialisation introduces many of the theoretical and analytical tools that are important in modern finance. Students will learn techniques for analysing financial data and also the skills needed to build and use models for financial forecasting and decision making. There is an emphasis on spreadsheet methods that can be applied in practice.
Requirements for the specialisation
The following information is for students who commenced study or transferred into the Master of Commerce in 2012 and 2013 or students who commenced study in 2011 and wish to follow these requirements for a specialisation. All other students should refer to the information set out below under Information for pre-2012 continuing students.
To be awarded a specialisation in Quantitative Finance, students complete five units of study (30 credit points), comprising:
(i) two foundational units of study (12 credit points), as follows:
(ii) two compulsory units of study (12 credit points), as follows:
(ii) two elective units of study (12 credit points) selected from the following units:
- FINC6005 Advanced Asset Pricing
- FINC6009 Portfolio Theory and Its Applications
- FINC6010 Derivative Securities
- FINC6014 Fixed Income Securities
- FINC6023 Financial Risk Management.
Note: Non-foundational units of study can be used to count to one specialisation only. For example, FINC6005 cannot be used to count towards both a Finance and Quantitative Finance specialisation.
Please Note. Due the foundational unit requirements, students in the 12 unit Master of Commerce program can only complete this specialisation in combination with a specialition in Banking, Finance or Quantitative Business Analysis.
Information for pre-2012 continuing students
Students who commenced study in the Master of Commerce in 2011 may choose to complete their specialisation according to the information set out above or can choose to complete according to the information set out in the following downloadable PDF which lists the 2011 structure. Students should also refer to the handbook of the year they commenced study for exact details of their specialisation requirements.
- Requirements for the Quantitative Finance specialisation for students who commenced study in the Master of Commerce in 2011
Students who commenced their degree before 2011 (in FH014 Master of Commerce), should follow the requirements for the “Major in Quantitative Finance" as set out in the handbook of the year they commenced study.
Availability of this specialisation
This version of this specialisation is available under the following degrees:
- Master of Commerce (12 unit program)
- Master of Commerce (16 unit program)
- Master of Commerce and Master of Logistics Management
- Master of International Business and Master of Commerce
Students enrolled in the Graduate Diploma in Commerce or the Graduate Certificate in Commerce may choose units from this specialisation subject area as electives in their course.