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The program is intended for students who have completed a degree in Mathematics or Statistics, or a Science degree with a major in mathematics or statistics, and who wish to further their knowledge of mathematical finance and statistics. The program offers intensive, high-level training in principles of financial modelling and its mathematical foundations, statistical techniques, risk assessment, and computational techniques of financial mathematics. The program was introduced in order to provide students with a route to high quality careers in the financial industry and to provide the financial sector with a stream of highly trained specialists in Quantitative Finance. In addition, the program will provide a means of obtaining the necessary preparation for further research in mathematical finance.


Study Level


Typical duration

1.7 Years

Delivery Mode


Intake Period

Term 1

Academic Calendar

3+ Calendar

Minimum Units of Credit


Award type

Masters (Coursework)


Master of Financial Mathematics - MFinMath



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Program Structure

Students must complete 72 UOC as a standalone program.

The program consists of 72 UOC comprised of:

1. 30 UOC of compulsory Core Coursework Courses

2. 30 UOC of Electives chosen from the School of Mathematics and Statistics and/or outside the School of Mathematics and Statistics

3. 12 UOC of compulsory supervised Research Project

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Electives description.

Students must take 30 UOC of the following courses.

Please Note: Students are allowed to take up to 18 UOC (3 courses) outside the School of Mathematics and Statistics provided that the courses are at postgraduate level and approved by the Postgraduate Coursework Coordinator.

Information Rule

Students seeking to enrol into a project are required to have the approval of the Head of School or Nominee and normally will be required to have attained a WAM of 70 or higher in the first eight (8) courses (48 UOC) of the program.

Enrolment into a Research Project is subject to appropriate research and supervision resources being available.

Entry Requirements
Progression Requirements


Recognition of Achievement

Award with Excellence

Program Fees

At UNSW fees are generally charged at course level and therefore dependent upon individual enrolment and other factors such as student's residency status. For generic information on fees and additional expenses of UNSW programs, click on one of the following:

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)

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