Financial Mathematics and Statistics
Unit of study table (Table S)
| This page was first published on 15 November 2023 and was last amended on 19 February 2024. View details of the changes below. |
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Financial Mathematics and Statistics major |
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| A major in Financial Mathematics and Statistics requires 48 credit points from this table including: |
| (i) 12 credit points of 1000-level units |
| (ii) 18 credit points of 2000-level core units |
| (iii) 12 credit points of 3000-level core units |
| (iv) 6 credit points of 3000-level interdisciplinary project units |
| *Students not enrolled in the BSc may substitute ECMT1010 or BUSS1020 |
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 |
| (ii) 18 credit points of 2000-level core units |
| (iii) 6 credit points of 3000-level core units |
| *Students not enrolled in the BSc may substitute ECMT1010 or BUSS1020 |
| Unit of study | Credit points | A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition |
|---|---|---|
1000-level units of study |
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| MATH1061 Mathematics 1A |
6 | A NSW HSC Extension 1 Mathematics or equivalent N MATH1901 or MATH1902 or MATH1921 or MATH1906 or MATH1931 or MATH1001 or MATH1021 or MATH1961 or MATH1971 or MATH1002 or MATH1014 |
| MATH1062 Mathematics 1B |
6 | A Knowledge of complex numbers and methods of differential and integral calculus including integration by partial fractions and integration by parts as for example in MATH1021 or MATH1921 or MATH1931 or MATH1061 or HSC Mathematics Extension 2 N MATH1905 or MATH1903 or MATH1907 or MATH1923 or MATH1933 or MATH1972 or MATH1962 or MATH1003 or MATH1023 or MATH1005 or MATH1015 |
| MATH1961 Mathematics 1A (Advanced) |
6 | A (HSC Mathematics Extension 2) or (Band E4 in HSC Mathematics Extensions 1) or equivalent N MATH1901 or MATH1902 or MATH1921 or MATH1906 or MATH1931 or MATH1001 or MATH1021 or MATH1061 or MATH1971 or MATH1002 or MATH1014 |
| MATH1962 Mathematics 1B (Advanced) |
6 | A (HSC Mathematics Extension 2) or equivalent N MATH1905 or MATH1903 or MATH1923 or MATH1907 or MATH1933 or MATH1062 or MATH1972 or MATH1003 or MATH1023 or MATH1005 or MATH1015 P None C None |
| MATH1971 Mathematics 1A (SSP) |
6 | A (at least Band E4 in HSC Mathematics Extension 2) or equivalent Departmental Permission is required to enrol in this unit |
| MATH1972 Mathematics 1B (SSP) |
6 | A (HSC Mathematics Extension 2) or (Band E4 in HSC Mathematics Extension 1) or equivalent Departmental Permission is required to enrol in this unit |
2000-level units of study |
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Core |
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| DATA2002 Data Analytics: Learning from Data |
6 | A Successful completion of a first-year or second-year unit in statistics or data science including a substantial coding component. The content from STAT2X11 will help but is not considered essential. Students who are not comfortable using the R software for statistical analysis should familiarise themselves before attempting the unit, e.g. taking OLET1632: Shark Bites and Other Data Stories P DATA1X01 or ENVX1002 or BUSS1020 or ECMT1010 or [(MATH1062 or MATH1962 or MATH1972) and (STAT2011 or STAT2911)] or [MATH1X05 and (MATH1001 or MATH1002 or MATH1003 or MATH1004 or MATH1021 or MATH1023 or MATH1115 or MATH19XX)] N STAT2012 or STAT2912 or DATA2902 |
| DATA2902 Data Analytics: Learning from Data (Adv) |
6 | A Successful completion of a first-year or second-year unit in statistics or data science including a substantial coding component. The content from STAT2X11 will help but is not considered essential. Students who are not comfortable using the R software for statistical analysis should familiarise themselves before attempting the unit, e.g. taking OLET1632: Shark Bites and Other Data Stories P A mark of 65 or above in (DATA1X01 or ENVX1002 or BUSS1020 or ECMT1010 or [(MATH1062 or MATH1962 or MATH1972) and (STAT2011 or STAT2911)] or [MATH1X05 and (MATH1001 or MATH1002 or MATH1003 or MATH1004 or MATH1021 or MATH1023 or MATH1115 or MATH19XX)]) N STAT2012 or STAT2912 or DATA2002 |
| MATH2070 Optimisation and Financial Mathematics |
6 | A MATH1X23 or MATH1933 or MATH1X03 or MATH1907 P (MATH1061 or MATH1961 or MATH1971) or [(MATH1X21 or MATH1011 or MATH1931 or MATH1X01 or MATH1906) and (MATH1014 or MATH1X02)] N MATH2970 Students may enrol in both MATH2070 and MATH3075 in the same semester |
| MATH2970 Optimisation and Financial Mathematics Adv |
6 | A MATH19X3 or MATH1907 or a mark of 65 or above in MATH1003 or MATH1023 P [MATH1961 or MATH1971 or (a mark of 65 or above in MATH1061)] or [(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 MATH2070 Students may enrol in both MATH2970 and MATH3975 in the same semester |
| STAT2011 Probability and Estimation Theory |
6 | P (MATH1X61 or MATH1971 or MATH1X21 or MATH1931 or MATH1X01 or MATH1906 or MATH1011) and (DATA1X01 or MATH1X62 or MATH1972 or MATH10X5 or MATH1905 or STAT1021 or ECMT1010 or BUSS1020) N STAT2911 |
| STAT2911 Probability and Statistical Models (Adv) |
6 | P (MATH1X61 or MATH1971 or MATH1X21 or MATH1931 or MATH1X01 or MATH1906 or MATH1011) and a mark of 65 or greater in (DATA1X01 or MATH10X5 or MATH1905 or STAT1021 or ECMT1010 or BUSS1020 or MATH1X62 or MATH1972) N STAT2011 |
3000-level units of study |
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Core |
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| MATH3075 Financial Derivatives |
6 | P 12 credit points chosen from MATH2XXX or STAT2XXX or DATA2X02 N MATH3975 or MATH3015 or MATH3933 It is possible to enrol in MATH2070 and MATH3075 in the same semester |
| MATH3975 Financial Derivatives (Advanced) |
6 | P A mark of 65 or above in 12cp from (MATH2XXX or STAT2XXX or DATA2X02) N MATH3933 or MATH3015 or MATH3075 MATH2X70 and MATH3975 may be taken in the same semester |
| STAT3021 Stochastic Processes |
6 | A Students are expected to have a thorough knowledge of basic probability and integral calculus P STAT2X11 N STAT3911 or STAT3011 or STAT3921 or STAT4021 |
| STAT3921 Stochastic Processes (Advanced) |
6 | A Students are expected to have a thorough knowledge of basic probability and integral calculus and to have achieved at credit level or above P STAT2X11 N STAT3011 or STAT3911 or STAT3021 or STAT3003 or STAT3903 or STAT3005 or STAT3905 or STAT4021 |
Interdisciplinary project |
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| FMAT3888 Projects in Financial Mathematics |
6 | A STAT2X11, MATH2X70 P (MATH2070 or MATH2970) and (STAT2011 or STAT2911) |
| SCPU3001 Science Interdisciplinary Project |
6 | P 96 credit points N HSBH3026 |
Post-publication amendments
