University of Wollongong

Course Details

Bachelor of Mathematics and Finance (Honours) (Mathematical Economics)

Course Description

Mathematical economics allows us to use mathematical principles and formulae to analyse problems in the economy. It enables us to conduct quantifiable tests and create models to predict future economic activity and economic behaviour. This degree: The Bachelor of Mathematics and Finance (Honours) teaches you the skills to apply sophisticated mathematical and statistical techniques to real world problems. You are also encouraged to develop computing and communication skills, which are assets in the job market. Bankers, investment managers, insurance companies and financial companies all rely on financial mathematics to survive and stay ahead of the competition. Maths and Finance graduates work in all areas of industry and government as risk managers, investment advisers, traders, financial analysts and more. They work in all aspects of the finance sector from traditional banking to futures trading. Other opportunities include scholarships from corporate partners, summer scholarships and undergraduate research projects with academic staff, access to programs of the Australian Mathematical Sciences Institute (AMSI) and inter-university courses via our Access Grid Room. What you will study: You will develop comprehensive and advanced skills to apply mathematical methods, concepts and reasoning to economic theory and problem solving in both micro-economics and macro-economics. You will study mathematical foundations that include econometrics, financial and linear modelling and differential calculus, differential equations, statistics and associated topics. Subjects you'll study include: macroeconomic theory and policy, microeconomic theory and policy, estimation and hypothesis testing, financial modelling and advanced econometrics. You will also complete a Mathematics and Finance Honours Project.

Course Duration

NumberDuration
4year

Career outcomes

Overview of careers: Auditor Banker Analyst Financial controller Accountant Policy advisor Business adviser OHS officer HR manager consultant Stock broker Insurance broker Fund manager Exporter/importer Public relations coordinator Market researcher Advertising executive Brand/product manager Event manager.

Bachelor of Mathematics and Finance (Honours) (Mathematical Economics) University of Wollongong