Overview

The Financial Mathematics at Monash University is designed for graduates from across the globe with an aptitude and passion for mathematics and statistics, as well as a keen interest in finance and insurance. This is not a course for generalists; this is a highly specialised degree for students seeking a future in the world of professional quantitative finance.

Key facts

You will be taught by mathematicians who are leading researchers in areas such as probability, stochastic processes and statistics, computational mathematics and machine learning, and with connections across the financial and insurance industries.

You will have access to the state-of-the-art teaching facilities, including a Bloomberg data terminal lab. Industry projects and placements, being a core component of the degree, will provide you with an opportunity to gain valuable workplace experience and kickstart your career.

Programme Structure

Courses include:

Financial mathematics

Random processes in the sciences and engineering

Statistics of stochastic processes

Stochastic calculus and mathematical finance

Quantitative risk management

Funds management

Key information

Duration

Full-time
- 12 months
Part-time
- 48 months

Start dates & application deadlines

Starting 2026-07-28 00:00:00
- Apply before 2026-06-15 00:00:00
Starting 2027-03-03 00:00:00

Apply anytime.

More details

Semester one

As an international student, apply for a place anytime throughout the year

Mid-year:

Application dates vary by faculty but generally close in mid-June

Language

English

TOEFL^® IBT

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PTE Academic

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IELTS

6.5

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Credits

96 alternative credits

Delivered

On Campus

Campus Location

Clayton, Australia

Disciplines

Financial Mathematics View 16 other Masters in Financial Mathematics in Australia

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

CRICOS: 086157A

Entry level 1:

An Australian bachelor degree (or equivalent) with a strong mathematical content* with at least a 65% credit average.

*i.e. Completion of units of mathematics with an emphasis on multivariable calculus, linear algebra, probability, statistics and differential equations.

Entry level 2:

An Australian bachelor degree (or equivalent) in mathematics with at least a 65% credit average.

An Australian graduate certificate/diploma (or equivalent) with a strong mathematical content* with at least a 65% high credit average.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Monash University and/or in Australia, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

54500 AUD / year

≈ 54500 AUD / year
Domestic Applies to you

Applies to you

Citizens or residents

44200 AUD / year

≈ 44200 AUD / year

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find Master's scholarship opportunities for Financial Mathematics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Key facts

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

Domestic Applies to you

Funding

Scholarships Information

Available Scholarships

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