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The School of Mathematics offers two masters by coursework programs.
Mathematics underpins our way of life and our prosperity. Its importance ranges from fundamental developments enabling new technologies, to theories backing up scientific research to analysis of our physical and societal environments.
From governments to financial and research institutions, employers today are seeking people with advanced knowledge and skills in mathematics who are able to play a critical role in strategic and analytical decision-making and problem-solving.
The Monash Master of Mathematics is designed for graduates with a bachelor’s degree and a strong foundation in mathematics.
A combination of coursework and project work, this program will appeal to students who love mathematics and want to embark on a career in education or research.
It is also suitable for people who seek to develop and deepen their knowledge and skills in mathematics, and develop the capacity to use them to tackle complex problems in a variety of situations.
The flexible coursework offering ensures students can create a program to suit their interests, from pure mathematics that develops the core theory, to statistics and applied and computational mathematics that extend this theory to bring practical solutions to real-world problems. Graduates of the program possess advanced knowledge and skills that make them employable in industry, or prepare them for doctoral studies.
Across the world, talented mathematicians are sought by banks and other financial institutions to help manage the increasingly complex and more risky financial sector. Particularly valued today are those who combine skills in the science of mathematics with fluency in the language of finance.
The Monash Master of Financial Mathematics is a mathematics course designed for application in a business context. It is designed for graduates from across the globe with an aptitude and passion for mathematics and statistics, as well as a keen interest in finance and insurance. This is not a course for generalists; this is a highly specialised degree for students seeking a future in the world of professional quantitative finance.
You will be taught by mathematicians who are leading researchers in areas such as probability, stochastic processes and statistics, and who have broad connections across the financial and insurance industries. Industry projects and placements as a component of the degree, mean you have an opportunity to gain valuable experience in the workplace as part of the qualification.