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Monash University Clayton

Master of Financial Mathematics

Modern finance relies on deep mathematical concepts and techniques, assembled in what has come to be known as financial mathematics or quantitative finance. Financial institutions have developed an ever-increasing appetite for graduates with the right mix of advanced quantitative methods and modelling.

Monash offers a unique blend of expertise spread over four academic units (economics, econometrics, finance and mathematics). All units contribute to the master's program and maintain a close relationship with banks, investment firms, and research organisations in financial mathematics.

The master's program is designed to suit graduates with a sound foundation in mathematics and statistics. The program offers training in the core areas of stochastic, financial and insurance modelling, statistical analysis and computational methodology, as well as in a wide range of elective topics from economics, econometrics, finance, mathematics and probability. Graduates of the program will gain a comprehensive understanding of stochastic and statistical analysis, partial differential equations and computational methods in finance, financial econometric techniques, and financial and risk modelling.

Students will develop the quantitative, mathematical, statistical and computing skills needed in financial, insurance and other related careers.

The master's program has three entry points. Depending on the level of mathematics gained, applicants may be admitted in the 96-point, the 72-point or the 48-point program.


Porduct SKU : 6022174

First Semester
First Semester 18,250.00 AUD
Total duration 24 MONTH(S)

Availability: In stock

First Semester 18,250.00 AUD
Total duration 24 MONTH(S)
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Total number of students: 24000


Clayton is the largest of Monash University's campuses. Eight faculties are represented here. The campus offers a rich array of sporting, cultural, and educational events and facilities, and has a proud record of achievement in fostering collaborative research projects.

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Melbourne, Wellington Road
Clayton, Victoria 3800
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