Master of Business
The Master of Business (MBus) program at The University of Queensland is designed to eq...
Bachelor of Mathematics/Bachelor of Commerce
St Lucia
INTAKE: Jul & Feb
Program Overview
The Bachelor of Mathematics/Bachelor of Commerce (BMath/BCom) program at The University of Queensland (UQ) is an interdisciplinary degree designed to develop students' expertise in both quantitative analysis and business acumen. This dual degree program aims to equip graduates with the skills necessary to navigate complex mathematical problems and apply commercial principles effectively. The combination of these fields ensures graduates are well-prepared for various professional roles that require strong analytical and financial competencies.
Curriculum: The curriculum of the BMath/BCom program is comprehensive, covering essential subjects in both mathematics and commerce. Students engage in rigorous coursework including calculus, linear algebra, probability, and statistics within the mathematics component. The commerce component covers core business disciplines such as accounting, finance, marketing, and management. Additionally, students can choose electives to specialize in areas of interest, such as actuarial studies, financial mathematics, or data analytics. The curriculum is designed to build critical thinking, analytical, and problem-solving skills essential for success in both fields.
Research Focus: UQ encourages students in the BMath/BCom program to participate in research that bridges mathematics and commerce. Faculty members conduct cutting-edge research in areas such as financial mathematics, econometrics, quantitative finance, and operational research. Students have the opportunity to engage in research projects, often collaborating with industry partners, to apply theoretical knowledge to practical problems. This research focus not only enhances learning but also prepares students for advanced studies or research-oriented careers.
Industry Engagement: The BMath/BCom program emphasizes strong industry engagement to ensure students gain practical experience and insights. UQ has established partnerships with leading financial institutions, consulting firms, and corporations, offering students opportunities for internships, work placements, and collaborative projects. These industry connections provide valuable exposure to real-world business challenges and allow students to apply their mathematical and commercial skills in professional settings. Networking events, guest lectures, and career fairs further enhance students' industry engagement.
Global Perspective: UQ’s BMath/BCom program integrates a global perspective into its curriculum, recognizing the importance of international experience in today’s interconnected world. Students have the opportunity to participate in exchange programs with renowned universities worldwide, gaining cross-cultural insights and global business acumen. The program includes courses on international finance, global markets, and cross-border commerce, preparing graduates to operate effectively in diverse and international environments. This global outlook ensures that graduates are equipped to address global challenges and opportunities in their careers.
Location
St Lucia
Score
IELTS 6.5
Tuition Fee
AUD 48160
Undergraduate Entry Requirements
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
- TOEFL: Overall score of 100 with a minimum of 23 in each section.
- PTE (Pearson Test of English): Overall score of 72 with a minimum of 64 in each section.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.
The University of Queensland (UQ) is fostering a diverse and inclusive academic community by offering a range of scholarships to support international students pursuing their higher education goals. These scholarships are designed to recognize and reward academic excellence, promote cultural diversity, and alleviate the financial burden of studying abroad.
UQ International Scholarships: UQ offers a variety of scholarships specifically tailored for international students. These scholarships are typically awarded based on academic merit, and eligibility criteria may vary depending on the specific scholarship program. These scholarships can provide financial support to cover tuition fees, living expenses, and other study-related costs.
Destination Australia Scholarship: UQ participates in the Australian Government's Destination Australia Scholarship program, which aims to attract and support international and domestic students to study in regional Australia. This scholarship provides financial assistance to international students studying at UQ's regional campuses, such as UQ Gatton.
Australia Awards Scholarships: UQ also hosts students who receive Australia Awards Scholarships, which are funded by the Australian government and aim to promote development and strengthen ties between Australia and participating countries. These scholarships cover tuition fees, living allowances, and other support.
External Scholarships and Sponsorships: UQ encourages international students to explore external scholarship opportunities and sponsorships that may be available through government agencies, private organizations, or foundations in their home countries.The university provides support and information to assist students in applying for external funding sources.
Graduates of The University of Queensland’s Bachelor of Mathematics/Bachelor of Commerce (BMath/BCom) program possess a unique combination of advanced mathematical expertise and comprehensive business knowledge. This interdisciplinary education equips them with the ability to analyze complex data, solve quantitative problems, and apply strategic business principles, opening doors to a wide range of career opportunities.
Financial Analyst: Graduates can work as financial analysts, leveraging their quantitative skills to evaluate financial data, assess investment opportunities, and provide strategic recommendations. Their strong mathematical foundation helps them perform complex financial modeling, risk assessments, and investment analysis.
Actuary: Actuarial science is a natural career path for graduates with a strong mathematical background. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, particularly in the insurance and finance fields. They assess risks and help design financial strategies to mitigate those risks.
Data Scientist: With expertise in both mathematics and commerce, graduates are well-suited for roles as data scientists. They analyze large datasets to provide actionable insights, helping businesses make data-driven decisions. Their skills in statistics, data analysis, and business strategy are highly valued in this field.
Quantitative Analyst: In the finance industry, quantitative analysts (or "quants") use mathematical models to analyze financial markets and securities. Graduates with a strong mathematical foundation can excel in developing and implementing complex algorithms for trading, risk management, and financial forecasting.
Management Consultant: Graduates can pursue careers as management consultants, assisting organizations in improving their performance by analyzing business problems and developing strategic solutions. Their dual expertise allows them to approach problems with a strong analytical foundation and a deep understanding of business dynamics.
Market Research Analyst: Market research analysts study market conditions to identify potential sales opportunities for products and services. Graduates use their analytical skills to interpret data on consumer preferences, market trends, and competitive landscapes, helping businesses develop effective marketing strategies.
Business Intelligence Analyst: Graduates can work as business intelligence analysts, using data analytics to provide insights that drive business decisions. They gather and analyze business data, identify trends, and create reports that help organizations understand their performance and market position.
Risk Manager: Risk managers identify and assess risks that could impact an organization's financial health. Graduates can leverage their quantitative skills to develop risk management strategies, conduct risk assessments, and ensure compliance with regulatory requirements.
Investment Banker: Graduates can pursue careers in investment banking, where they provide advice on mergers, acquisitions, capital raising, and other financial transactions. Their strong analytical and financial skills are crucial for evaluating companies, structuring deals, and managing complex financial instruments.
Operations Manager: Operations managers oversee the production and delivery of products and services. Graduates use their analytical skills to optimize processes, manage resources efficiently, and improve operational performance, ensuring that business operations run smoothly and effectively.
Entrepreneur: With a solid foundation in both mathematics and commerce, graduates are well-equipped to start their own businesses.
Their analytical skills help them identify market opportunities, develop business plans, and make informed decisions to drive their ventures' success. Entrepreneurs benefit from understanding both the technical aspects of their products or services and the business strategies needed to bring them to market effectively.
Corporate Strategist: Corporate strategists play a crucial role in defining the direction and scope of an organization over the long term. Graduates can use their analytical and commercial skills to assess market trends, competitive environments, and internal capabilities, helping to formulate strategies that align with the company’s objectives.
Policy Advisor: In government and non-governmental organizations, policy advisors use their analytical abilities to evaluate the economic impact of policies and provide evidence-based recommendations. Graduates can contribute to the development and implementation of policies that affect economic and business landscapes.
Supply Chain Analyst: Supply chain analysts optimize supply chain operations using mathematical and statistical techniques. Graduates can analyze data to improve logistics, inventory management, and supply chain efficiency, ensuring that products are delivered on time and cost-effectively.
Financial Planner: Financial planners help individuals and businesses achieve their financial goals by providing advice on investments, tax planning, retirement planning, and estate planning. Graduates use their quantitative skills to develop personalized financial plans based on clients’ needs and risk profiles.
Auditor: Auditors examine financial records to ensure accuracy and compliance with regulations. Graduates can work as internal or external auditors, using their mathematical and analytical skills to conduct financial audits, identify discrepancies, and provide recommendations for improving financial controls.
Portfolio Manager: Portfolio managers oversee investment portfolios to achieve clients’ financial objectives. Graduates use their quantitative skills to analyze market trends, select investments, and manage risks to maximize returns.
Economic Consultant: Economic consultants provide expert analysis and advice on economic matters to businesses, government agencies, and think tanks. Graduates can apply their knowledge of economics and mathematics to conduct research, prepare reports, and advise on economic policy and business strategy.
