Master of Mathematical Sciences (Financial Mathematics)

About the course

Designed for graduates with a background in mathematics and statistics, this degree builds and extends advanced knowledge with real-world application across areas such as computer science, business and science. You will develop research and communication skills to analyse, synthesise and present complex quantitative information, and complete a research- or coursework-based capstone project. This is a Masters qualification in mathematical sciences with a Financial Mathematics specialisation.

Career outcome

Graduates can pursue quantitative roles where advanced modelling and statistical analysis are valued, including finance and risk, analytics, data-driven decision support, and research settings. The Financial Mathematics specialisation supports pathways into areas such as quantitative analysis, financial modelling, statistical consulting and related professional or research roles across industry and government. This is a Masters coursework qualification in mathematical sciences (financial mathematics).

Living Costs in Wollongong**

Restaurant (Meal, Inexpensive Restaurant) A$ 16 - 21	Rent per Month (1 bedroom in City Centre) A$ 1,452 - 1,921	Rent per Month (1 bedroom Outside of Centre) A$ 1,188 - 1,572
Transportation (Daily) A$ 6 - 7	Utilities per Month (Electricity, Mobile & Internet) A$ 242 - 320

Average Salary***

*Source: QS World University Subjects Rankings (2026)

**Source: numbeo.com

***Source: PayScale.com (2026)