Master of Financial Mathematics

About the course

This Master of Financial Mathematics builds advanced analytical and quantitative skills for tackling complex financial problems in a global economy. You’ll study areas such as pricing financial contracts, portfolio management, capital adequacy, valuation and optimal contract and capital management. The program offers flexible course choices and includes a research project at UQ or in industry to apply methods in real-world settings in finance-focused sectors. The programme deepens scientific methodology, data interpretation, and applied research skills for laboratory and field-based careers.

Career outcome

Graduates are prepared for quantitative finance roles that apply stochastic and computational methods to pricing, risk and investment decisions. Career paths may include quantitative analyst, risk analyst, portfolio/asset management analyst, financial engineer, or roles in trading and analytics. Opportunities span banking and financial services, superannuation, energy trading, and other organisations needing advanced modelling and data-driven financial decision-making at Master’s level in finance.

Living Costs in Brisbane**

Restaurant (Meal, Inexpensive Restaurant) A$ 17 - 23	Rent per Month (1 bedroom in City Centre) A$ 1,467 - 1,940	Rent per Month (1 bedroom Outside of Centre) A$ 1,073 - 1,419
Transportation (Daily) A$ 7 - 8	Utilities per Month (Electricity, Mobile & Internet) A$ 237 - 314

Average Salary***

*Source: QS World University Subjects Rankings (2026)

**Source: numbeo.com

***Source: PayScale.com (2026)