Bachelor of Science (Advanced) (Honours) - Mathematical Finance

The Australian National University

The Mathematical Finance major provides the necessary theoretical framework required to price complex financial products such as derivative contracts. Mathematical finance has given tremendous impetus to research in and applications of probability theory and some other mathematics areas. The skills acquired through this major equip students to continue to postgraduate research in mathematical finance or applied probability. Along with a solid computational foundation which can be obtained through courses available in the Major, these skills form an integral component of the attributes necessary to work as a ''quant'' in the banking and finance industry for example, market makers, hedge fund analysts, statistical arbitrageurs and risk analysts in banks, central banks and regulators.Learning OutcomesDemonstrate mastery of mathematical concepts and techniques to the level of advanced Analysis.Demonstrate mastery of the concepts and techniques of of Probability, Statistics, and Stochastic processes.Demonstrate mastery of the ideas and concepts of Mathematical Finance.Apply concepts and techniques from mathematics and statistics to finance problems.

065138M