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Overview | Summary of Courses

Offered By:	ANU College of Medicine, Biology & Environment, ANU College of Pysical Sciences, ANU College of Science, and ANU Colleges of Science
Academic Contact:	Professor Ross Maller (MSI and Finance and Applied Statistics) and Dr Elizabeth Ormerod (Mathematics)
Areas of Interest:	Finance, Mathematics, and Statistics

Mathematical/Quantitative Finance is an important and rapidly growing discipline. Apart from its huge contributions to the theory and practice of Finance, it has proved to be a major attraction both to mainstream Finance students and to Maths/Probability/Statistics students who want to add an interesting and important applications area to their study program. In addition to this, it has given tremendous impetus to research in and applications of Probability Theory and some other Mathematics areas over the last 10 years or so. There is a large demand for qualified graduates in the area. Quantitative Finance students need a strong background in all three disciplines: Finance, Probability, and Statistics, as well as a good general mathematical background.

Requirements

This major will consist of a minimum of 42 units of courses including:

(a) 

• FINM1001 Money Markets and Finance
• FINM2002 Financial Instruments and Risk Management
• STAT2001 Introductory Mathematical Statistics

(b)

• MATH3029 Probability Models and Applications
• FINM3003 Continuous Time Finance
• FINM3007 Advanced Derivatives Pricing and Applications

(c)  any other Mathematics/Statistics level B or C course 

First Year course advice

Students should take MATH1013/1115 and MATH1014/1116 and FINM1001.