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The Mathematical Finance major provides the necessary theoretical framework required to price complex financial products such as derivative contracts. Mathematical finance has given tremendous impetus to research in and applications of probability theory and some other mathematics areas. The skills acquired through this major equip students to continue to postgraduate research in mathematical finance or applied probability. Along with a solid computational foundation which can be obtained through courses available in the Major, these skills form an integral component of the attributes necessary to work as a “quant” in the banking and finance industry; for example, market makers, hedge fund analysts, statistical arbitrageurs and risk analysts in banks, central banks and regulators.
A local representative of Australian National University in Singapore is available online to assist you with enquiries about this course.