A completed Bachelors degree in a related discipline from a recognised higher education institution or equivalent; OR
A completed Graduate Diploma in a related discipline from a recognised higher education institution;
Applicants would normally have completed a recognised bachelor degree, or an equivalent qualification. In addition, a mathematical background equivalent to Calculus and Linear Algebra and a statistical background equivalent to Statistical Methods are assumed knowledge for this program. Students without this assumed knowledge are counselled to formulate a plan with the program director to acquire the appropriate background during the first study period of the program.
A qualification from one of the following disciplines will normally be considered acceptable: Management, Engineering, Marketing, Business, Computing and IT, Science, Mathematics, Accounting and Commerce.
English language entry requirements
In addition, international students who speak English as a foreign language must have obtained one of the following standards within the last two years prior to admission. Possession of one or more of these qualifications, in addition to the academic entry requirements, does not, in itself, guarantee a place at the University of South Australia. Applications are considered on an individual basis and selection is competitive. Where previous study/work experience was conducted in English, the application must be accompanied by certified documentation from the educational institution/employer certifying that the language of instruction/employment was English.
English language test
IELTS total [6.5]
IELTS reading [6.0]
IELTS writing [6.0]
Please access the following link for a comprehensive list of English language tests accepted by UniSA and other important information in relation to meeting the University’s language requirements:
English Language Equivalence Table (PDF)
The program is designed to train graduates as quantitative finance professionals. A solid grounding in finance is developed and then used to study topics of increasing mathematical and financial complexity. At the conclusion of the program, students may seek employment in a wide range of financial areas, or specialise further into financial planning, actuarial studies, investment analysis, or financial risk management.
Content & Structure
A total of 72 units of study must be completed for the degree. The first year provides a solid foundation in mathematics, statistics and probability, as well as finance and actuarial science. In the second year, courses utilise this fundamental knowledge and develop further expertise in the analysis of financial products and operations. The courses Master in Quantitative Finance Project 1 and 2 and Advanced Topics in Quantitative Finance, will allow students to study an area of financial mathematics or actuarial science not covered elsewhere in the curriculum, as well as develop research and professional communication skills needed for today’s dynamic workplace environments.
1. The intake for this program is in Study Period 2 only.
2. Students without sufficient prerequisite knowledge in Calculus are given the opportunity to undertake Calculus M (MATH 5042) as an elective option. This elective option can also allow those who do have knowledge of Calculus to take a course such as Financial Theory and Financial Markets (BANK 5014) as their elective.
3. Special area of Finance or Insurance to be named and details of the content provided for each offering of the course, in line with current topical research in the discipline.