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Undergraduate

Financial Mathematics (Advanced Science)

Financial Mathematics Major (BAdvSci) (Honours) - BAdvSci(Hons) (Financial Mathematics) - MJRH-ADFMA Science and Engineering
Guaranteed ATAR 95 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
STAT entry STAT is not accepted for this course STAT entry - The Special Tertiary Admissions Test (STAT) assesses competencies considered important for success at uni. These tests are provided by the Tertiary Institutions Service Centre (TISC) to help mature age candidates apply for certain courses.
Location Bentley
Study method Part-time or full-time
Study mode On-campus
Intake February
Duration 4 years full time

Course overview

This major is part of the Bachelor of Advanced Science (Honours), a course designed for high performing students to pursue their interest in Science through a core of research, leadership and entrepreneurship. It provides a flexible and personalised approach to studying Financial Mathematics with students able to explore the field through for-credit immersive research experiences, industry placement and/or interdisciplinary team-based projects. The major culminates in a capstone experience in which students will have the opportunity to pursue Mathematics projects that may be based anywhere from pure research right through to translational (entrepreneurial) science.

Mathematics is the study of concepts such as quantity, structure, space and change and to use these concepts to model and describe the behaviour of real world complex systems. It has been described as the science of patterns, whether found in numbers, space, science, engineering, computers, imaginary abstractions, or elsewhere. Through abstraction and logical reasoning, mathematics evolved from counting, calculation, measurement, and the systematic study of the shapes and motions of physical objects.

Today, mathematics is used in most fields, including technology, natural science, engineering, medicine, finance and the social sciences, such as sociology and psychology. This Financial Mathematics Major provides graduates with a broad range of analytical and mathematical skills, with particular relevance to statistical modelling and operations research in the financial context.

Students will receive a strong grounding in corporate finance, financial institution, financial markets and various branches of the financial services industry, enhancing the employment prospects of graduates in the technological, industrial and commercial sectors. Students may select from units in accounting, economics and business.

Work-based learning in this course is ensured through the requirement to engage in immersive industry and/or research experience.

Please note: beginning your studies in July may increase the duration of this course beyond four years due to unit availabilities.

Admission criteria

Admission criteria for Australian and New Zealand students

English language proficiency

Curtin requires all applicants to demonstrate proficiency in English. Specific English requirements for this course are as outlined in the IELTS table below. Additional information on how you can meet the English requirement can be found on the English proficiency page.

IELTS Academic (International English Language Testing System)
Writing 7.0
Speaking 7.0
Reading 7.0
Listening 7.0
Overall band score 7.0

Applicants with recent secondary education (within the past two years) Applicants with recent secondary education are those whose admission is primarily based on the completion of Year 12 within the last two years, but also includes those who may have completed their senior secondary studies with a TAFE or other VET provider within the same time frame. This includes applicants whose secondary education was undertaken interstate or overseas.

  • Guaranteed ATAR: 95 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
  • Essential WACE subjects (pre-requisites):
    • Mathematics Specialist ATAR

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Other admission options
Lowest ATAR to which an offer was made (exclusive of any adjustment factors such as equity or subject bonus points)

View the lowest ATAR (excluding adjustments) of an applicant who was offered a place in this course in the most relevant recent intake period for which data are available.

Lowest selection rank to which a recent Year 12 student offer was made (including the consideration of any equity or other adjustment factors)

View the lowest selection rank (incorporating ATAR plus any adjustments) of an applicant to which an offer of a place was made in the most relevant recent intake period, this includes any ATAR adjustments.

Selection rank adjustments (previously referred to as ATAR-related adjustments)

Details of the types of adjustment factors (bonus points) commonly available to applicants can be found on our StepUp to Curtin page.

ATAR and selection rank profile for those offered places wholly or partly on the basis of ATAR in the most recent intake period

View data on the ATAR and selection rank profile of offers made from the most relevant recent intake period.

Applicants with higher education study Applicants with higher education study are those whose highest level of study since leaving secondary education is a higher education course, whether at a university or non-university provider.

  • Curtin offers a variety of bridging courses to help you meet the admission criteria for this course. Find out more about our bridging courses.
  • Essential WACE subjects (pre-requisites):
    • Mathematics Specialist ATAR

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Curtin course switcher criteria

To switch into this course, you need to have:

  • attained an ATAR of 95; or
  • completed 200 credits over one year with a course weighted average (CWA) of 80% or higher; and
  • met the prerequisites.

The Maths Specialist prerequisite can be met with:

  • Maths Specialist ATAR; or
  • MATH1015 Linear Algebra 1; and
  • MATH1016 Calculus 1.
Other higher education course switcher criteria

This course has a semester one intake only. Please refer to the TISC website for more information.

Applicants with vocational education and training (VET) study Applicants with vocational education and training (VET) study are those whose highest level of study since leaving secondary education is a VET course. This includes study at a public TAFE or other VET provider, whether a qualification was completed or not. Applicants with VET study may have other qualifications such as a Year 10 or Year 12 secondary school certificate.

  • Guaranteed ATAR: 95 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
  • Essential WACE subjects (pre-requisites):
    • Mathematics Specialist ATAR
  • Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Applicants with work and life experience Applicants with work and life experience are those who left secondary education more than two years ago (i.e. who are not classified as recent secondary education applicants) and have not undertaken vocational education training (VET) or higher education study since then.

'Experience' includes a combination of factors sufficient to demonstrate readiness for higher education such as mature-age entry, professional experience whether completion of the Special Tertiary Admission Test (STAT) is required or not, community involvement or work experience. Applicants may have undertaken non-formal programs that have helped prepare them for tertiary education or are relevant to the proposed higher education field of study.

  • Guaranteed ATAR: 95 This is the ATAR level at which an offer of admission is guaranteed, subject to any other non-ATAR criteria being met.
  • Essential WACE subjects (pre-requisites):
    • Mathematics Specialist ATAR

Please see our correlation comparability for previous TEE subjects, WACE courses and WACE ATAR courses.

Other requirements and notes for this course

This course is designed for high performing science students. As such students are expected to maintain a minimum academic standard. If that standard is not reached students will be recommended to transition to the Bachelor of Science (Financial Mathematics).

In addition to the course-specific admission criteria listed above, please read our general admission criteria. Our general admission criteria apply to all courses at Curtin University.

Fees

Fees for Australian and New Zealand students

Year Student type Cost
2018 Commonwealth supported What is a Commonwealth supported place (CSP)? - A CSP is subsidised by the Australian Government. They pay part of the course fees directly to Curtin and then the student pays the remainder (referred to as the "student contribution amount"). The student can defer this fee to their HECS-HELP loan.

All Australian students studying an undergraduate degree are automatically awarded a Commonwealth supported place. A limited number of Commonwealth supported places are also available for some postgraduate courses.

Learn more about CSPs and whether you're eligible by visiting the Australian Government's StudyAssist website.
$9,190*

Fees are indicative first year only and are subject to passage of legislation.

*The indicative first-year fee is calculated on 200 credit points, which is the typical full-time study load per year, however some courses require additional study to be completed, in which case the fee will be higher than that shown.

This fee is a guide only. It may vary depending on the units you choose and do not include incidental fees (such as lab coats or art supplies) or the cost of your textbooks - visit other fees and charges for more information. For more information on fees and to determine your eligibility for HECS-HELP or FEE-HELP, please visit fee basics or the Study Assist website

If you're not an Australian citizen, permanent resident or New Zealand citizen, please see information for international students.

Professional recognition

Graduates of this course may be eligible for membership in the Statistical Society of Australia (SSAI) and/or Australian Mathematical Society (Aust MS).

Advanced standing/credit transfer/recognition of prior learning (RPL)

Credit for recognised learning (CRL) is the term Curtin uses to describe advanced standing, academic credit or recognition of prior learning.

You may be entitled to credit for recognised learning for formal, non-formal or informal learning.

Formal learning is learning that takes place through a structured program of learning that leads to the full or partial achievement of an officially recognised qualification. Recognised institutions include, but are not limited to, RTO providers and universities. Non-formal learning is adult and community education. Informal learning can include on the job learning or various kinds of work and life experience.

Credit can reduce the amount of study needed to complete a degree.

For further information, please visit our credit for recognised learning webpage or contact our CRL Office on crl@curtin.edu.au or 1300 222 888.

Why Financial Mathematics (Advanced Science)?

Mathematics & Statistics at Curtin University has a strong reputation in Australia in the areas of Applied, Computational and Financial Mathematics. Curtin is one of only three universities in Australia with above world-standard expertise in both applied mathematics and computational mathematics, as confirmed in the ERA 2015 results. Our leading position in industrial, applied and financial mathematics is also supported by collaborative links with WA companies and government organisations such as DSTO, Woodside, Linkforce Engineering, and Sateva.

How this course will make you industry ready

This course teaches advanced mathematics and statistics and their real-world applications in the financial context.

Curtin has strong links with industry and the business world. As a result of this close interaction, the units offered are designed to develop the practical skills needed to address real-world problems. A work experience program runs from second year onwards, exposing students to real applications of their mathematical studies, and introducing them to potential employers through embedded research and industry engagement you will have the opportunity to investigate multiple areas of specialisation and tailor you final year experience that prepares you for the industry of your choice.

Student profile

View our student profile table to get an indication of the likely peer cohort for new students at Curtin University. This table provides data on students that commenced undergraduate study and passed the census date in the most relevant recent intake period for which data are available. It includes those admitted through all offer rounds and international students studying in Australia.