Financial Mathematics

University of Queensland

Master On Campus Online
24 months
41040 AUD/year
30160 AUD/year
Tuition fee
Apply date
Start date


The Master of Financial Mathematics offered at the University of Queensland is designed to equip you with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.


You'll study the pricing of financial contracts such as financial and real options, management of investment portfolios, capital adequacy requirements for financial institutions, valuation of firms, optimal capital management and optimal contracting.

The two year full-time Financial Mathematics program from University of Queensland offers you a practical and flexible curriculum that you can tailor to your interests and career goals through a range of elective courses, including Computation in Financial Mathematics, Financial Calculus, Machine Learning, Financial Risk Management, and Econometrics of Financial Markets.

Program highlights

  • 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 possibilities

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

Programme Structure

Courses included:

  • Calculus & Linear Algebra 
  • Applied Mathematical Analysis 
  • Probability & Statistics 
  • Finance 
  • Financial Mathematics 
  • Computation in Financial Mathematics 
  • Financial Calculus 
  • Machine Learning
  • Numerical Methods in Computational Science
  • High-Performance Computing

Key information


  • Full-time
    • 24 months

Start dates & application deadlines




32 alternative credits


On Campus, Online

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.
More about PTE Academic

Other requirements

General requirements

 CRICOS code: 079389K

  • Bachelor degree with first year university level mathematics (including single-variable and multi-variable calculus, ordinary differential equations and linear algebra).
  • UQ or equivalent GPA of 5.5 or above on a 7 point scale.

Tuition Fee

  • International

    41040 AUD/year
    Tuition Fee
    Based on the original amount of 41040 AUD per year and a duration of 24 months.
  • National

    30160 AUD/year
    Tuition Fee
    Based on the original amount of 30160 AUD per year and a duration of 24 months.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Fresh content

Updated in the last 6 months

Check the official programme website for potential updates.

Financial Mathematics
University of Queensland


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