QS Rank:

40

The University of Queensland

Queensland
,Australia

Program Name
Master of Science in Financial Mathematics
Overview

The Master of Science in Financial Mathematics program at The University of Queensland is a premier course designed to equip students with advanced analytical skills and a deep understanding of financial systems. This master's degree is not just an academic credential; it serves as a gateway into a high-demand field where quantitative skills are increasingly sought after. The University of Queensland, ranked within the top 40 globally, offers a robust educational foundation that is essential for navigating the complexities of financial markets. The curriculum has been meticulously crafted to blend rigorous mathematical theory with practical financial applications, ensuring that graduates can make informed decisions based on quantitative analysis.
Students enrolled in the program will explore a variety of topics, including stochastic processes, financial modeling, and risk management. The comprehensive curriculum includes courses such as Advanced Financial Mathematics, Statistical Methods for Finance, and Computational Finance, allowing participants to gain in-depth knowledge and practical skills. Each course is designed to build on the core principles of financial mathematics, preparing students to tackle real-world financial challenges. Additionally, the program includes a significant research component, encouraging students to engage in original studies that contribute to the field's advancement.
One of the standout features of this program is the exceptional faculty who bring a wealth of knowledge and industry experience to the classroom. Faculty members are not only accomplished educators but also active researchers and industry practitioners. This dual role enriches the learning environment, fostering a culture of inquiry and intellectual engagement. Students benefit from personalized mentorship opportunities, with many faculty members providing support for those interested in pursuing research or advanced career paths in finance. The pedagogical approach emphasizes hands-on learning, encouraging students to apply theoretical concepts to practical problems, thereby enhancing their critical thinking and problem-solving abilities.
The University of Queensland is committed to providing students with ample research opportunities and access to cutting-edge resources. The institution boasts state-of-the-art laboratories and computing facilities designed to facilitate innovative research in financial mathematics. Students are encouraged to participate in ongoing projects, collaborate with peers, and contribute to papers that may be published in reputable academic journals. This kind of engagement not only enhances their understanding of the field but also significantly boosts their employability upon graduation. Furthermore, the university maintains strong ties with industry leaders, providing students with an array of networking opportunities and internships.
Career outcomes for graduates are exceptionally promising, with many securing roles as Quantitative Analysts, Financial Analysts, and Risk Managers within months of completing their degrees. The average base salary for graduates in the field is around $85,000, reflecting the high demand for professionals with specialized skills in financial mathematics. Alumni of the program have gone on to work for prestigious corporations, investment banks, and financial consultancies, providing strong testimonials about the program's impact on their careers. The university's career services also offer significant support, including resume workshops, interview preparation, and exclusive job fairs, ensuring that students are well-prepared for the job market.
In summary, the Master of Science in Financial Mathematics at The University of Queensland stands out as a comprehensive, rigorous, and highly rewarding program. This is not just a degree; it is a transformative experience that equips students with the skills, knowledge, and professional connections necessary for a successful career in finance. With a focus on research, real-world application, and industry engagement, this program is designed to cultivate the next generation of financial experts and leaders.
Why Study Financial Mathematics at The University of Queensland
- A well-rounded curriculum that combines mathematical theory with practical applications in finance to ensure comprehensive learning.
- Opportunity to learn from distinguished faculty members who are both educators and industry practitioners, enhancing the learning experience.
- Access to modern laboratories and advanced computing resources to facilitate innovative research and practical learning.
- Strong industry connections that provide students with internship opportunities, networking events, and job placements after graduation.
- A diverse and inclusive community with a strong international student presence, enriching the learning environment through varied perspectives.
- Proven track record of successful alumni who have secured lucrative positions in top finance firms and have made significant contributions to the field.

Duration
24 Months

Median Salary
$75,000
Ranking
#36
US World and News Report
#54
The World University Rankings
#40
QS World University Rankings
Class Profile


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Career Outcomes

Median Earnings After Graduation
$75,000 / year
Prospective Job Roles
Mathematical Modeler
Financial Analyst
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Business Analyst
Financial Planner
Actuary
Operations Research Analyst
Top recruiters










Eligibility Criteria
English Proficiency Tests
PTE
64
TOEFL
87
IELTS
6.5
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Transcript
Passport
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$42,992 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
Australian Mathematical Society
Association for Financial Professionals
FAQs
A student can complete Financial Mathematics at The University of Queensland with in 24.
The deadline to submit an admission application for Financial Mathematics at The University of Queensland is Application deadline Term 2 (Standard Deadline) - date - 31/05/2023
The application fee to pursue Financial Mathematics at The University of Queensland is AUD 100 for international students.
The annual tuition fee to pursue Financial Mathematics at The University of Queensland is AUD 42992.
The submission of these scores mainly depends on the type of degree/ course selected at the The University of Queensland. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check The University of Queensland requirements before submitting a score.
Financial Mathematics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of The University of Queensland, they can easily pursue Financial Mathematics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at The University of Queensland can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official The University of Queensland website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at The University of Queensland by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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