Master of Arts [M.A] (Financial Mathematics)
STEM Course
1 year
Full Time
On Campus
Field of Study:
A$42,992/Yr
A$42,992 /Yr
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | A$42992 (AUD 42992) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing (On-Campus) | A$21360 (AUD 21360) |
| Housing (Off-Campus) | A$14568 (AUD 14568) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2021 | A$41040 (AUD 41040) |
Important Dates
The closing date of Semester 1 for this program is November 30.
- The University of Queensland offers a Master of Science in Financial Mathematics for a duration of 1.5 years.
- It is an on-campus program offered on a full-time basis.
- UQ’s Master of Financial Mathematics is designed to equip students with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.
- The sample courses of the program include:
- Finance
- Financial Mathematics
- Financial Calculus
- Computation in Financial Mathematics
- The full-time program offers students a practical and flexible curriculum that students can tailor to their interests and career goals through a range of elective courses.
- The courses include Computation in Financial Mathematics, Financial Calculus, Machine Learning, Financial Risk Management, and Econometrics of Financial Markets.
- Students will benefit from UQ’s strong connections with industry and government and experience the financial markets first-hand with an industry placement.
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Eligibility & Entry Requirement
Academic Eligibility:
- Students must complete a Bachelor of Mathematics or Bachelor's degree majoring in mathematics from a recognized university.
- A GPA of at least 5.5 on a 7 point scale is required to be eligible for this program.
Indian Student Eligibility:
Indian students are eligible to apply if they meet the following eligibility criteria:
- Completed a 4-year bachelor's degree from a recognized institution.
- Students must hold a GPA of 4 (60%) on a 7 point scale.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.
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Scores Required
5.5 / 7
Minimum gpa
GPA
Submission of GRE scores is required for this program, however, it is recommended to submit the scores (300+) for a better chance of admission.
Required Document List
Following are the required documents:
- CV/Resume: Outline of academic achievements or awards, publications, relevant work, or volunteer experience.
- UQ Online Applications: Students have to fill online applications to take admission.
- Academic Transcripts: Students have to provide full academic transcripts that contain student’s unit results.
- Confirmation of Enrolment (CoE): It is an official document issued to international students by universities in Australia. It confirms that students have accepted a place in a course, and have paid tuition fees and Overseas Student Health Cover premium (OSHC).
- Evidence of work experience: It includes details of management experience in the form of a CV.
- Personal Statement: It should include a brief overview of student’s strengths and any work experience and/or education that they have.
- Supplementary documents: Students may be required to provide additional information with the application, depending on which University course they choose.
- ELP Scores: Students have to submit their English languages proficiency scores like IELTS, TOEFL, or other recognized English test results.
Key Resources for Your Study Abroad Journey
Career and Placement after Course
The career opportunities for the students are:
- Investment banker
- Retail banker
- Market risk manager
- Data scientist
- Financial planning manager
- Stockbroker
- Financial product developer
- Credit risk analyst
- Business intelligence manager
- Funds manager
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| UQ India Global Leaders Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| UQ Economics India, Malaysia, Sri Lanka and Vietnam Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| HASS Scholarship for Excellence - India | Scholarship per studentA$ 7,603/Yr$7,603 | Level Of StudyMaster | TypeCollege-Specific | |
| Science International Scholarship- University of Queensland | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Australia Awards Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Collegedunia $150 Scholarship Program | Scholarship per studentA$ 150/Yr$150 | Level Of StudyBachelor | TypeMerit-Based |
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