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Area/Catalogue
MATH 5041

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Course Level
Postgraduate

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Offered Externally
No

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Course ID
105837

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Unit Value
4.5

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University-wide elective course
No

Course owner

Course owner
School of Information Technology and Mathematical Sciences

Course aim

The aim of this course is to introduce students to topics in Finance or Insurance that are not covered elsewhere in the curriculum and/or emerge as areas of significance to the discipline.

Course content

Special topics in Quantitative Finance or Insurance to be discussed in depth and drawn from an area that gains particular significance to the discipline.

Course topics could be drawn from ONE of the following areas: credit risk, operational risk, commodity and energy markets, indifference pricing, Levy processes in Finance, Markov models in Actuarial Science, American style option pricing under jump-diffusion dynamics, numerical methods in Mathematical Finance, Islamic Finance, real options, measurement and management of risk.

Note: Special area of Finance or Insurance will be named and details of the content provided for each offering of the course, in line with current topical research in the discipline.

Textbook(s)

Nil

Prerequisite(s)

Completion of at least 48 units in the Master of Quantitative Finance (DMQN) program.

Corequisite(s)

Nil

Teaching method

Component Duration
INTERNAL, CITY WEST
Lecture 1 hour x 13 weeks
Workshop 2 hours x 13 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.


Assessment

Assignment 1: Modelling and problem solving tasks for scenarios drawn from the nominated special area of Finance or Insurance, including interpreting results and making recommendations., Assignment 2: Review and analysis of methodology in a selected article or book chapter in the nominated special area of Finance or Insurance., Final examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 2)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
How to determine your Commonwealth Supported course fee. (Opens new window)

Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.

Course Coordinators

Degrees this course is offered in

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