Updating Results

The University of Queensland (UQ)

  • 29% international / 71% domestic

Master of Financial Mathematics

  • Masters (Coursework)

UQ's Master of Financial Mathematics is designed to equip you with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.

Key details

Degree Type
Masters (Coursework)
Duration
1.5 years full-time
Course Code
5573, 079389K
Intake Months
Feb, Jul
International Fees
$48,160 per year / $72,240 total

About this course

UQ's Master of Financial Mathematics is designed to equip you with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.

Entry requirements

Entry requirements

It's possible to complete this degree in 2 years or 1.5 years depending on your qualifications and experience.

You can apply for any duration as long as you meet the entry requirements. You may also be eligible to apply for credit or exemptions to shorten your degree further. You'll graduate with the same qualification no matter how long you take to complete the degree.

2-year degree (32 units of study)

To be eligible to complete the degree in 2 years

full-time (or part-time equivalent)
full-time (only available as full-time study)
, you'll need:
  • a bachelor's degree (or equivalent) in any discipline with first-year, university-level mathematics (including single-variable and multi-variable calculus, ordinary differential equations, and linear algebra), or
  • a graduate diploma (or equivalent) in financial mathematics, or
  • to have successfully completed 3 years of study towards an approved qualification at an overseas partner institution, with a formal pathway to the Master of Financial Mathematics.

You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.

1.5-year degree (24 units of study)

If you have relevant prior learning or experience, you can reduce the number of courses you need to complete and graduate in less time.

To be eligible to complete the degree in 1.5 years

full-time (or part-time equivalent)
full-time (only available as full-time study)
, you'll need:
  • a bachelor's degree (or equivalent) in mathematics, or
  • a bachelor's degree (or equivalent) majoring in mathematics.

You must have a grade point average (GPA) of 5.0 on a 7-point scale in your previous qualification.

GPA equivalent

Select where you studied and your qualification to see the GPA equivalent you need to be considered for this program.

Use the GPA equivalent as a guide. When you apply, we'll calculate your GPA using the UQ grading scale. Any failing grades will be included. Entry requirements are subject to change.

Equivalent subjects
SubjectQualification equivalent
Related programs

Depending on your previous qualifications and current goals, you might want to consider
one of these related programs:

English language requirements

IELTS overall 6.5; reading 6; writing 6; speaking 6; listening 6. For other English Language Proficiency Tests and Scores approved for UQ

TOEFL iBT (including Paper Edition) - Overall 87, listening 19, reading 19, writing 21 and speaking 19.

PTE Academic - Overall Score of 64 and 60 in all sub bands.

BE - A minimum overall grade of 4 plus a minimum grade of C in all macro skills.

CES - Overall 176 and 169 in all sub bands.

OET is not accepted.

There are other ways to meet the English language requirements. For some programs, additional conditions apply.

Learn how to meet the English language requirements

Student visas

International students who are accepted into full-time study in the Master of Financial Mathematics are eligible to apply for an Australian student visa (subclass 500).

There are a number of requirements you must satisfy before a visa is granted, including the Genuine Student (GS) requirement.

Learn more about student visas

Study locations

St Lucia

What you will learn

  • Learn cutting-edge computational methodology, mathematical modelling and stochastic methods in finance to identify strategic investment or business opportunities, manage portfolios and price financial products.
  • Benefit from UQ's strong connections with industry and government and experience the financial markets first-hand with an industry placement.
  • Build on your background in mathematics, commerce or economics/econometrics.

Career pathways

Postgraduate study can take you anywhere. Here are some of the careers you could be on your way to:

  • Investment banker
  • Retail banker
  • Market risk manager
  • Financial planning manager
  • Data scientist
  • Quantitative analyst
  • Financial product developer
  • Credit risk analyst
  • Revenue manager
  • Stockbroker

Graduate outcomes

Graduate satisfaction and employment outcomes for Science & Mathematics courses at The University of Queensland (UQ).
82.4%
Overall satisfaction
80.5%
Skill scale
67.8%
Teaching scale
78.8%
Employed full-time
$84.2k
Average salary