Bachelor of Mathematics and Finance (Honours) (Quantitative and Computational Trading)

Undergraduate Entry Requirements

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% 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 86 with a minimum of 22 in each section.
• PTE (Pearson Test of English): Overall score of 62 with a minimum of 54 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 Wollongong (UOW) in Australia is dedicated to fostering a diverse and inclusive academic community. To support international students in achieving their educational goals, UOW offers a range of scholarships tailored to various criteria and fields of study.

Vice-Chancellor's Academic Achievement Scholarship: This scholarship is offered to high-achieving international students who are commencing their undergraduate or postgraduate degree at the University of Wollongong.

University of Wollongong Australia Awards Scholarship: The Australia Awards Scholarship is a highly competitive program that provides financial assistance to high-achieving students from developing countries to study at UOW. Applicants must be citizens of an eligible participating country and be applying for a UOW full-time undergraduate or postgraduate program.

Bradman Foundation Scholarship: Named in honor of cricket legend Sir Donald Bradman, this scholarship supports students with exceptional sporting talent and academic abilities. International students must have a strong academic record and display outstanding skills in cricket or other sports to be eligible.

UOW Destination Australia Scholarships: The Destination Australia Scholarships are funded by the Australian Government and aim to support international students studying in regional areas, including Wollongong. UOW offers these scholarships to enhance the educational experience of students in regional campuses.

Graduates of the Bachelor of Mathematics and Finance (Honours) (Quantitative and Computational Trading) program from the University of Wollongong (UOW) possess specialized skills in quantitative analysis, financial modeling, and computational trading strategies. 

Quantitative Analyst: Quantitative analysts, or quants, use mathematical models and statistical techniques to analyze financial data and develop trading algorithms. Graduates with expertise in quantitative and computational trading can work in investment banks, hedge funds, proprietary trading firms, and financial technology (fintech) companies.

Algorithmic Trader: Algorithmic traders design, implement, and optimize trading algorithms that execute transactions in financial markets automatically. They use quantitative models, market data analysis, and programming skills to identify trading opportunities and manage risks in real-time trading environments.

Financial Engineer: Financial engineers apply mathematical and computational methods to design and implement financial products, derivatives, and structured investment strategies. They work closely with quantitative analysts and traders to develop and refine models that optimize trading strategies and manage financial risks.

Risk Manager/Quantitative Risk Analyst: Risk managers and quantitative risk analysts assess and manage financial risks associated with trading activities and investment portfolios. They use quantitative models, stress testing, and scenario analysis to evaluate market risks, credit risks, and operational risks for financial institutions and trading firms.

Data Scientist (Finance): Data scientists in finance analyze large datasets using statistical techniques and machine learning algorithms to derive actionable insights for trading strategies, risk management, and investment decisions. They work in financial institutions, fintech firms, and investment management companies.

Financial Technology (Fintech) Specialist: Fintech specialists develop and implement technological solutions for financial markets, including trading platforms, algorithmic trading systems, and risk management software. They combine expertise in finance, mathematics, and programming to innovate and streamline financial processes.

Quantitative Researcher: Quantitative researchers conduct empirical research and statistical analysis to validate trading strategies, forecast market trends, and enhance trading performance. They collaborate with traders and analysts to leverage quantitative insights for informed decision-making in financial markets.

Financial Consultant/Advisor (Quantitative Focus): Some graduates pursue careers as financial consultants or advisors with a quantitative focus, providing expert advice on investment strategies, portfolio optimization, and risk management techniques to institutional investors, high-net-worth individuals, and corporate clients.