# Financial Mathematics and Statistics

Unit outlines will be available though Find a unit outline two weeks before the first day of teaching for 1000-level and 5000-level units, or one week before the first day of teaching for all other units.

##### Errata

Item | Errata | Date |
---|---|---|

1. |
Prohibitions have changed for the following unit, they now read: STAT3021 Stochastic Processes N: STAT3911 or STAT3011 or STAT3921 or STAT4021 |
13/03/2020 |

## FINANCIAL MATHEMATICS AND STATISTICS

## Financial Mathematics and Statistics major

## Financial Mathematics and Statistics minor

### Units of study

#### 1000-level units of study

###### Calculus

**MATH1021 Calculus Of One Variable**

*This unit of study does not have Data Audit Committee approval*

**MATH1921 Calculus Of One Variable (Advanced)**

*This unit of study does not have Data Audit Committee approval*

**MATH1931 Calculus Of One Variable (SSP)**

*This unit of study does not have Data Audit Committee approval*

###### Multivariable calculus

**MATH1023 Multivariable Calculus and Modelling**

*This unit of study does not have Data Audit Committee approval*

**MATH1923 Multivariable Calculus and Modelling (Adv)**

*This unit of study does not have Data Audit Committee approval*

**MATH1933 Multivariable Calculus and Modelling (SSP)**

*This unit of study does not have Data Audit Committee approval*

###### Linear algebra

**MATH1002 Linear Algebra**

*This unit of study does not have Data Audit Committee approval*

This unit of study introduces vectors and vector algebra, linear algebra including solutions of linear systems, matrices, determinants, eigenvalues and eigenvectors.

**MATH1902 Linear Algebra (Advanced)**

*This unit of study does not have Data Audit Committee approval*

###### Statistics

**MATH1005 Statistical Thinking with Data**

*This unit of study does not have Data Audit Committee approval*

This unit equips you with the foundational statistical thinking to become a critical consumer of data. You will learn to think analytically about data and to evaluate the validity and accuracy of any conclusions drawn. Focusing on statistical literacy, the unit covers foundational statistical concepts, including the design of experiments, exploratory data analysis, sampling and tests of significance.

**MATH1905 Statistical Thinking with Data (Advanced)**

*This unit of study does not have Data Audit Committee approval*

###### Data science

**DATA1001 Foundations of Data Science**

*This unit of study does not have Data Audit Committee approval*

**DATA1901 Foundations of Data Science (Adv)**

*This unit of study does not have Data Audit Committee approval*

#### 2000-level units of study

###### Core

**MATH2070 Optimisation and Financial Mathematics**

*This unit of study does not have Data Audit Committee approval*

The second part of the unit deals with utility theory and modern portfolio theory. Topics covered include: pricing under the principles of expected return and expected utility; mean-variance Markowitz portfolio theory, the Capital Asset Pricing Model, log-optimal portfolios and the Kelly criterion; dynamical programming. Some understanding of probability theory including distributions and expectations is required in this part.

Theory developed in lectures will be complemented by computer laboratory sessions using MATLAB. Minimal computing experience will be required.

**MATH2970 Optimisation and Financial Mathematics Adv**

*This unit of study does not have Data Audit Committee approval*

**STAT2011 Probability and Estimation Theory**

*This unit of study does not have Data Audit Committee approval*

**STAT2911 Probability and Statistical Models (Adv)**

*This unit of study does not have Data Audit Committee approval*

**DATA2002 Data Analytics: Learning from Data**

*This unit of study does not have Data Audit Committee approval*

**DATA2902 Data Analytics: Learning from Data (Adv)**

*This unit of study does not have Data Audit Committee approval*

#### 3000-level units of study

###### Core

**MATH3075 Financial Derivatives**

*This unit of study does not have Data Audit Committee approval*

**MATH3975 Financial Derivatives (Advanced)**

*This unit of study does not have Data Audit Committee approval*

**STAT3021 Stochastic Processes**

*This unit of study does not have Data Audit Committee approval*

**STAT3921 Stochastic Processes (Advanced)**

*This unit of study does not have Data Audit Committee approval*

###### Interdisciplinary project

**FMAT3888 Projects in Financial Mathematics**

*This unit of study does not have Data Audit Committee approval*

**SCPU3001 Science Interdisciplinary Project**

*This unit of study does not have Data Audit Committee approval*