Modern finance relies heavily on mathematical modelling to manage investment portfolios, financial planning, pricing of financial products and analysing business risk. The Master of Financial Mathematics was introduced in 2007 to provide the financial sector (banks, insurance companies, investment companies) with a stream of highly trained specialists in quantitative finance. This program is suitable for students with an aptitude for mathematics and a keen interest in finance, who are looking for a pathway into the financial industry.

Key features

• Research project
  You’ll complete a compulsory supervised research project, which gives you an opportunity to make practical use of the knowledge you gain through your master’s program. This project will prepare you for the problem-solving and report-writing aspects of future employment, or for progression to a research degree.

• Wide range of career opportunities
  Skills in portfolio management, financial product pricing and analysis of business risk are highly regarded by finance industries. The Master of Financial Mathematics opens up a variety of career opportunities across the financial sector and government financial institutions. It can also provide great preparation for further research in mathematical finance. 

• Transferable skills
  Studying mathematics improves your logical thinking, problem-solving and analytical skills. Solving mathematical and statistical problems also requires creativity and adaptability. These skills are highly valued by employers.

Why study this degree at UNSW?

Learn with the best
We’re ranked 1st in Australia and 38th in the world for mathematics.* As Australia’s largest and highest ranked school of mathematics and statistics, we provide comprehensive coverage of modern mathematics, underpinned by leading teaching and research.

Leverage our industry connections
Tap into our network of industry and research partners to start building your own professional connections. The School of Mathematics and Statistics maintains and attracts strong links with industry, from ongoing research collaboration to industry involvement in our teaching activities. Our researchers work in partnership with industry to solve real-world problems. This collaboration with industry includes Australian Research Council (ARC) Linkage Grants held by members of staff. Our industry links extend to our learning and teaching activities, with industry partners sponsoring some of our courses and degrees. Other links with industry are maintained through visiting appointments, consulting services offered by our staff and ongoing connections with our alumni.