Bachelor of Mathematics and Finance (Honours) (Dean's Scholar)

Course summary

Dean's Scholar degrees are highly recognisable, giving you a competitive edge in employment. The Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) offers a challenging and enriched educational experience for high-achieving students who want to perform above the level normally expected. Students are also encouraged to continue their studies through the completion of research programs.

This degree

The Bachelor of Mathematics and Finance (Honours) teaches you the skills to apply sophisticated mathematical and statistical techniques to real-world problems. You are also encouraged to develop computing and communication skills, which are assets in the job market.

Bankers, investment managers, insurance companies and financial companies all rely on financial mathematics to survive and stay ahead of the competition. Maths and Finance graduates work in all areas of industry and government as risk managers, investment advisers, traders, financial analysts and more. They work in all aspects of the finance sector from traditional banking to futures trading.

There are opportunities for scholarships from corporate partners, plus summer scholarships and undergraduate research projects with academic staff, access to programs of the Australian Mathematical Sciences Institute (AMSI) and inter-university courses via our Access Grid Room.

Places are limited each year. Current students who have achieved a weighted average mark (WAM) of 80 at the end of one year of full-time study in a relevant degree may apply to transfer to the Dean's Scholar degree.

What you will study

You will complete the normal course requirements for the Bachelor of Mathematics and Finance (Honours) degree, but receive special privileges as you study such as accelerated learning (where possible) and academic mentoring. Dean's Scholars will complete a research project in their third year and further develop their research skills in the Honours year.

As a high-achieving student, you are also encouraged to contribute to the scholarly life of the Faculty through events in the Faculty's postgraduate program.

Course information

Study area

Business, Mathematics & Statistics

Campus

Wollongong

Course Code

362

ATAR-SR

95

IB Score

37

Duration

4 years full-time or part-time equivalent

Delivery

On Campus

Cricos

085501J

UAC Code

756520

Admission, Key dates, and Fees

A range of admission options are available for students of all ages and academic backgrounds. The procedures governing admission are defined in UOW's Admissions Procedures, and the UOW College Admissions policy.

For any specific advice or questions regarding an application, please contact the Future Students Team.

Recent Secondary Education Admission Criteria These criteria may be used to gain admission to this course for students who are currently in year 12 or have recently completed their secondary education.

Recent secondary education students can gain admission to this course via non-ATAR or ATAR-based options.

NON-ATAR ADMISSION OPTIONS With these options students may be admitted on the basis of criteria other than ATAR.

Non-ATAR admissions at UOW take an individual approach to understanding potential for academic success. Each student is assessed based on key qualities across academic readiness, motivation & passion, planning & persistence, and communication & collaboration.

Early Admission

Students may be admitted to this course via Early Admission.

ATAR-BASED ADMISSION OPTIONS With these options, students may be admitted on the basis of ATAR or ATAR plus additional criteria (e.g. an audition or individual subject results).

Guaranteed entry selection ranks

The minimum score for guaranteed entry (or for consideration if this course has limited places) is an ATAR-Selection Rank of 95 or an IB of 37. This includes the effect of adjustment factors.

Adjustment factors

Adjustment factors, such as the subjects you are studying, the area in which you live or equity and access schemes, are taken into consideration and these will be combined with your ATAR to adjust your selection rank and make it higher than your ATAR. Find out more about UOW's adjustment factors.

Other Admission Criteria

VOCATIONAL EDUCATION & TRAINING Students who have undertaken vocational education or training since leaving school.

HIGHER EDUCATION STUDY Students who have studied a University course, or completed a bridging or enabling course.

WORK & LIFE EXPERIENCE Students admitted on the basis of previous achievement other than higher education study, vocational education & training, or recent secondary education.

CREDIT FOR PRIOR LEARNING

Students may be granted exemption from certain first year subjects.

FEES

Commonwealth supported students are required to pay a student contribution amount towards the cost of their course. The amounts are calculated based on the subject cluster and the Equivalent Full-time Study Load (EFTSL) value of the subject. For information regarding student contribution amounts, please refer to the UOW Current Students website.

* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at UOW, your fees will be fully confirmed at the time of your offer.

ENTRY REQUIREMENTS

Admission to the Dean's Scholar degree is competitive.
Applicants need to have achieved the required score in a qualification equivalent to the completion of 13 years of schooling in Australia. Assessment of eligibility may also involve participation in an interview process.


ENGLISH REQUIREMENTS

The following level of English is required to gain admission to this program:

English Test

Overall Score

Reading

Writing

Listening

Speaking

IELTS Academic

6.0

6.0

6.0

6.0

6.0

TOEFL (Internet-based)

70

18

18

17

17

UOW College: English for Tertiary Studies: Pass (weighted average mark of 50 overall and minimum 50 in Academic Reading and Writing)

Other qualifications may also be considered. Full details can be found on our English Language Requirements website.


CREDIT FOR PRIOR LEARNING

Students may be granted exemption from certain first year subjects.

FEES

Tuition fees are reviewed annually: fees payable are dependent on the year of commencement and are subject to increase during the period of study.

Overseas Health Cover:
Overseas Health Cover (OSHC) must be purchased for the proposed duration of the student visa. For information regarding the OSHC fees applicable, please refer to the international fees website.

CAMPUS

DELIVERY METHOD

SESSION FEE*

COURSE FEE*

Wollongong

On Campus

$16,920 (2021)

$135,360 (2021)

* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at UOW, your fees will be fully confirmed at the time of your offer.

Admission Profile


INDICATIVE ENROLMENT



STUDENT PROFILE

This table shows the breakdown of the applicant background of the student group at UOW for this course. It provides data on students that commenced undergraduate study and continued study beyond the census date at UOW in 2019.

Applicant background

2019 intake

2019 intake (%)

Higher education study Students who have studied a University course, or completed a bridging or enabling course.

-

-

Vocational education & training study Students who have undertaken vocational education or training since leaving school.

-

-

Work & life experience Students admitted on the basis of previous achievement other than higher education study, vocational education & training, or recent secondary education.

-

-

Recent secondary education

ATAR Only Students admitted only on the basis of ATAR including any applied adjustment factors.

-

-

ATAR plus additional criteria Students who were admitted on the basis of both ATAR and additional criteria (e.g. an audition or individual subject results).

-

-

Other criteria only (non-ATAR) These students were admitted on the basis of other criteria where ATAR was not a factor (e.g. UOW Early Admission).

-

-

International students All other students.

-

-

All students

-

-

< 5: Number of students is less than 5
N/A: Data not available for this item
N/P: Not published (hidden to prevent calculation of other numbers less than 5)


ATAR PROFILE

This table relates to all students selected on the basis of ATAR alone or ATAR in combination with adjustment factors. For more information on adjustment factors commonly available to applicants, see ‘ATAR-based admission’.

ATAR profile of ATAR-based offers in 2019

ATAR The unadjusted, raw ATARs for students offered a place wholly or partly on the basis of ATAR. Selection Rank The ATARs of the same student group, including the impact of adjustment factors.
Highest rank to receive an offer

-

-

Median rank to receive an offer

-

-

Lowest rank to receive an offer

-

-

< 5: Less than 5 ATAR-based offers made
N/A: Data not available for this item
N/P: Not published (less than 5 ATAR-based offers made)

More Information

For more information about UOW admission pathways, see UOW Admission Information.

Key Dates

SESSION

CAMPUS

SESSION DETAILS

2021 Autumn

Wollongong

Orientation: 23 - 25 February 2021
Session: 1 March – 24 June 2021

Applications Close

  • Domestic Applicants (UAC): 30 September 2020 (early bird), 5 February 2021 (final) (see UAC Key Dates).
  • Domestic Applicants (Direct): 24 December 2020*
  • International Applicants: 24 December 2020*

*Complete applications (with all required documentation) received by these dates will receive an outcome prior to the start of session.

Applications received after these dates will continue to be assessed for the requested session until 3 weeks prior to session (international), and start of session (domestic). Late applications may be assessed for future sessions if an outcome for the requested session is not possible.

Course structure

(Current year structure - subject to change)

Course Learning Outcomes

Course Learning Outcomes (CLOs) are statements of learning achievement that are expressed in terms of what the learner is expected to know, understand and be able to do upon completion of a course. Students graduating from this course will be able to:

CLO Description
1 Demonstrate advanced theoretical and technical knowledge in mathematics, statistics and finance.
2 Integrate knowledge derived from finance and mathematics.
3 Demonstrate advanced cognitive and technical skills in mathematics, statistics and finance to select and apply mathematical or statistical methods to analyse and generate solutions to complex problems in finance.
4 Transmit mathematical, statistical and financial knowledge, skills and ideas to others.
5 Apply mathematical and statistical knowledge to professional practice in finance.
6 Apply professional, social and ethical approaches in learning to demonstrate autonomy and well-developed judgement as a financial mathematician or statistician.
7 Plan and compose a research-based project or piece of scholarship that demonstrates understanding and critical analysis in financial mathematics or financial statistics.

Course Structure 

Students who enrol in the Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) are required to satisfactorily complete at least 192 credit points of subjects, consisting of:

a. The following 120 credit points of core subjects:

Subject Code Subject Name Credit Points Session(s)
100-level
ACCY111 Accounting Fundamentals In Society 6 Autumn, Spring
ACCY112 Accounting In Organisations 6 Autumn, Spring, Summer 2020/2021
FIN 111 Introductory Principles of Finance 6 Autumn, Spring, Summer 2020/2021
MATH100 Introduction to Mathematics 6 Autumn
MATH187 Mathematics 1: Algebra and Differential Calculus 6 Autumn
MATH188 Mathematics 2: Series and Integral Calculus 6 Spring
STAT101 Introduction to Statistics 6 Spring
200-level
FIN 222 Corporate Finance 6 Autumn, Spring
FIN 223 Investment Analysis 6 Autumn, Spring
MATH201 Multivariate and Vector Calculus 6 Autumn
MATH202 Differential Equations: Analysis and Applications 6 Autumn
STAT201 Random Variables and Estimation 6 Autumn
MATH203 Linear Algebra and Groups 6 Spring
STAT202 Statistical Inference and Introduction to Model Building 6 Spring
Plus ONE of the Dean's Scholar core subjects below:
MATH235 Mathematics Project A 6 Autumn, Spring
STAT235 Statistics Project A 6 Autumn, Spring
300-level
MATH317 Financial Mathematics 6 Autumn
STAT332 Generalised Linear Models 6 Autumn
FIN 322 Advanced Corporate Finance 6 Spring
400-level
INFO401 Mathematics and Finance Honours Project 12 Annual, Spring 2020/Autumn 2021

b. Certain additional subjects which are specific to the major declared, if any, or to the no-major option;

c. At least 48 credit points of 300- and/or 400-level subjects from the List of Elective; which must include:

  • 18 credit points of MATH/STAT/INFO subjects;
  • 18 credit points of ACCY/FIN/ECON subjects;
  • 12 credit points of 400-level subjects, and
  • at least one 400-level 6 credit point MATH/STAT/INFO subject.

d. Any subjects chosen from the List of Electives that are needed to bring the total to 192 credit points;

e. No more than 66 credit points at 100-level.

In order to progress to the fourth year of the Dean's Scholar version of the Honours program, students must attain an average of at least 80% in the first 144 credit points completed. Students who do not meet this requirement will be transferred to the Bachelor of Mathematics and Finance (Honours) degree.

The classes of Honours awarded are defined in the Coursework Rules. The Honours grade will be calculated in accordance with Method 2. 

The Majors and the No-major Option

All Bachelor of Mathematics and Finance (Honours) (Dean's Scholar) students must satisfy the Course Rules specified above. In particular, all students, both those who do not choose a major and those who do, must take additional subjects which are specific to those options and are detailed via the links below, together with suggested programs of study.

For students taking no major:

For students taking a major:

Course Handbook

(Current year structure - subject to change)

Accreditation & professional recognition

The Bachelor of Mathematics and Finance (Honours) is accredited by the Australian Mathematical Society. Completion of this degree provides ‘points’ towards membership of Financial Services Institute of Australasia (FINSIA). Specific majors may carry other accreditations.

Why choose this course

The UOW School of Mathematics and Applied Statistics spans pure mathematics, applied mathematics, financial mathematics and statistics. We enjoy an international reputation in areas including survey and census design and analysis, operator algebra, geometric analysis, spatial statistics, biometrics, partial differential equations, the modelling of chemical reactions and nanoscale phenomena. Our graduates are in demand across a range of industries including finance, defence and security, health care, and the IT sector.

The Excellence in Research for Australia rankings classifies the UOW School of Mathematics and Applied Statistics 'above world standard', and our staff have won national awards for their teaching excellence.

When you study at UOW you become part of a learning and research environment supported by highly qualified academic staff with expertise across a range of disciplines from pure to applied mathematics and statistics.

Career opportunities
  • Auditor
  • Banker
  • Analyst
  • Financial controller
  • Accountant
  • Policy advisor
  • Business adviser
  • OHS officer
  • HR manager consultant
  • Stock broker
  • Insurance broker
  • Fund manager
  • Exporter/importer
  • Public relations coordinator
  • Market researcher
  • Advertising executive
  • Brand/product manager
  • Event manager
COMPARE MY COURSES