Online Courses Handbook 2003

301303 v.2 Master of Quantitative Finance

Introduction
This is a specialised professional finance course for those wishing to develop quantitative analyst skills in finance, skills required in working with corporate treasurers, fund managers, futures traders, risk managers and stockbrokers. The focus is on the finance and mathematical fundamentals required for pricing of financial products as well as financial time series techniques and their application to financial markets.

Course Entry Requirements/Prerequisites
A bachelors degree from a recognised tertiary education institution, or an equivalent academic qualification, evidence of competence in English.

Specific Requirements
Candidates without sufficient background may be required to complete one or more of the following foundation units before commencing the first stage - Economics Analysis and Asian Economics 550, Mathematics (Introductory) 550, Financial Management 550, Statistics (Introductory) 550.

Recognition of Prior Learning
Applications for recognition of prior learning are assessed on an individual basis.

Duration and Availability
The duration of this course is three semesters full-time or equivalent part-time study. Depending on their previous field of study students may be required to complete one or more foundation units before commencing the first stage.

Additional Course Expenses
Students may be expected to purchase a number of textbooks, readers and other vital study materials. In addition, students may also need to contribute some of the cost of consumables, which varies depending on the area of study.

Course Structure Hrs/Wk Credit

Year 1 Semester 1

12751 v.2 Finance (Portfolio Management) 571 3.0 25.0

12752 v.2 Finance (Corporate) 572 3.0 25.0

301349 v.2 Mathematical Methods 560 4.0 25.0

301350 v.2 Statistical Methods 560 4.0 25.0

100.0

Year 1 Semester 2

12753 v.2 Finance (International) 573 3.0 25.0

12754 v.2 Finance (Derivative Securities) 574 3.0 25.0

301344 v.2 Probability Concepts 570 4.0 25.0

304235 v.3 Stochastic Financial Modelling 503 3.0 25.0

100.0

Year 2 Semester 1

SELECT 4 OPTIONS 100.0

100.0

Optional Units to Select From in Year 2 Semester 1 Hrs/Wk Credits

4469 v.3 # Applied Statistics 503 3.0 25.0

4475 v.3 # Operations Research 503 3.0 25.0

4476 v.3 # Operations Research 504 3.0 25.0

5910 v.4 # Stochastic Processes 501 3.0 25.0

10980 v.4 * Finance (Corporate) 567 3.0 50.0

11652 v.2 * Business Dissertation (Economics and Finance) 693 6.0 50.0

11654 v.2 * Business Dissertation (Economics and Finance) 695 3.0 25.0

12464 v.3 * Financial (Markets and Institutions) 576 3.0 50.0

13318 v.2 * Finance (Market for Corporate Control) 511 3.0 25.0

13319 v.2 * Finance (Decision Making) 515 3.0 25.0

13508 v.2 * Econometrics 513 4.0 25.0

13618 v.2 * Financial Econometrics 575 3.0 50.0

301322 v.2 # Applied Statistics 570 4.0 25.0

301337 v.2 * Finance (Analysis) 506 4.0 25.0

303937 v.2 * Finance (Advanced Investment Analysis) 578 3.0 50.0

304193 v.3 # Time Series Modelling 504 3.0 25.0

304234 v.2 Probability and Statistics Topics 501 3.0 25.0

# Mathematics optional units.

* Finance optional units.

N1 Year 2, Semester 1: Students must study 2 finance optional units and 2 mathematical optional units.