Master of Finance
The Master of Finance program at Deakin University is renowned for its holistic approac...
Bachelor of Science (Mathematical Modelling)
Burwood (Melbourne), Waurn Ponds (Geelong)
INTAKE: Mar & Jul
Program Overview
The Bachelor of Science (Mathematical Modelling) at Deakin University equips students with advanced mathematical skills to solve complex real-world problems across various industries. This program integrates theoretical knowledge with practical applications of mathematical modeling, preparing graduates for analytical roles in fields such as finance, engineering, and scientific research.
Curriculum: Deakin's Bachelor of Science (Mathematical Modelling) curriculum covers foundational mathematics, calculus, statistics, and computer science. Advanced topics include differential equations, optimization techniques, numerical methods, and stochastic modeling. Students also undertake projects where they apply mathematical models to analyze and solve practical problems encountered in industry and research.
Research Focus: The program emphasizes research in mathematical modeling, encouraging students to explore theoretical concepts and apply them to real-world scenarios. Research projects may involve collaborating with faculty on topics such as mathematical biology, climate modeling, financial forecasting, and operations research. Students develop critical thinking skills and proficiency in mathematical analysis essential for innovative problem-solving.
Industry Engagement: Deakin University fosters strong industry connections for its Bachelor of Science (Mathematical Modelling) program through partnerships with technology firms, financial institutions, government agencies, and research organizations. Students benefit from industry placements, internships, and guest lectures that provide insights into practical applications of mathematical modeling in diverse sectors.
Global Perspective: The Bachelor of Science (Mathematical Modelling) program at Deakin integrates a global perspective by exploring international case studies, participating in collaborative research projects, and offering opportunities for study abroad or exchange programs. Students gain exposure to global challenges that require mathematical solutions, preparing them to work in international teams and contribute to global innovation.
Location
Burwood (Melbourne), Waurn Ponds (Geelong)
Score
IELTS 6
Tuition Fee
AUD 39400
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 6.0 in each component.
- TOEFL: Overall score of 79 with a minimum of 21 in each section.
- PTE (Pearson Test of English): Overall score of 58 with a minimum of 50 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.
Deakin University provides an array of scholarships designed to recognize and reward academic excellence, leadership potential, and specific fields of study.
Deakin International Scholarship: This scholarship is available to high-achieving international students applying for undergraduate and postgraduate coursework programs. It provides a partial tuition fee waiver, making Deakin's quality education more affordable.
Deakin Vice-Chancellor's International Scholarship: This scholarship is awarded to exceptional international students who have demonstrated academic excellence. It covers a significant portion of tuition fees, enhancing the value of a Deakin education.
Deakin STEM Scholarship: For students pursuing science, technology, engineering, or mathematics (STEM) programs, this scholarship recognizes and rewards their dedication to these fields. It provides financial support to help students achieve their STEM-related academic goals.
Regional Scholarships: Deakin University is supporting students from specific regions, including South Asia, Southeast Asia, Latin America, and the Middle East. These regional scholarships provide financial assistance to students from these areas to enhance their educational experience at Deakin.
Faculty-specific Scholarships: Deakin offers scholarships tailored to different faculties and areas of study, such as business, health, and arts and education. These scholarships are designed to reward academic excellence and dedication to specific fields.
Sports Scholarships: Deakin recognizes the value of sports and provides scholarships to talented athletes who wish to balance their education with competitive sports.
Graduates of Deakin University's Bachelor of Science (Mathematical Modelling) program are equipped with advanced mathematical and analytical skills that are highly sought after across various industries. They are prepared to tackle complex problems, optimize processes, and make data-driven decisions using mathematical modeling techniques.
Financial Analyst: Mathematical modeling graduates often pursue careers as financial analysts in banking, investment firms, or financial technology companies. They use statistical models, time series analysis, and optimization techniques to forecast market trends, assess risk, and optimize investment portfolios.
Data Scientist: Data scientists apply mathematical modeling and statistical analysis to large datasets to extract insights and inform strategic decisions. They work in industries such as healthcare, technology, and marketing, developing algorithms and predictive models to optimize business operations and drive innovation.
Operations Research Analyst: Operations research analysts use mathematical modeling and optimization techniques to solve complex logistical and operational problems in industries such as manufacturing, transportation, and supply chain management. They analyze data, develop algorithms, and recommend solutions to improve efficiency and reduce costs.
Environmental Scientist: In the field of environmental science, graduates may work as environmental modelers or climate scientists. They use mathematical models to simulate and predict environmental phenomena such as climate change impacts, air and water quality, ecological dynamics, and sustainable resource management.
Engineering Analyst: Mathematical modeling graduates can pursue careers in engineering analysis, where they apply mathematical principles to design, simulate, and optimize engineering systems and processes. They work in fields such as aerospace, automotive, civil engineering, and renewable energy to improve performance and reliability.
Research Scientist: Graduates interested in advancing mathematical knowledge and contributing to scientific research may pursue careers as research scientists in universities, research institutions, or government laboratories. They conduct theoretical and applied research, publish findings, and collaborate on interdisciplinary projects.
Consultant: Consulting firms across various industries hire mathematical modeling graduates to provide specialized expertise in analyzing data, developing predictive models, and offering strategic recommendations. Consultants work with clients to solve complex business problems, optimize operations, and drive organizational growth.
Academic Career: Some graduates choose to pursue advanced degrees such as Master's or PhD programs in mathematical modeling, statistics, or related fields. They may then pursue academic careers as professors or researchers, contributing to education and advancing mathematical knowledge through teaching and scholarly research.
