Master of Arts [M.A] (Financial Mathematics)
STEM Course
1 year
Full Time
On Campus
Field of Study:
Ranked #53 out of 1502 by THE Global Ranking 2023
$31,304 /Yr
A$48,160 /Yr
Important Alert
- Semester 1 Application Deadline for 2026 Intake - Nov 30, 2025
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $31304 (AUD 48160) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing (On-Campus) | $13884 (AUD 21360) |
| Housing (Off-Campus) | $9469 (AUD 14568) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $27945 (AUD 42992) |
| 2021 | $26676 (AUD 41040) |
Important Dates
The closing date of Semester 1 for this program is November 30.
| Event | Application Date |
|---|---|
| Semester 2 Application Deadline for 2025 Intake | |
| Semester 1 Application Deadline for 2026 Intake | Nov 30, 2025 |
- The University of Queensland offers a Master of Science in Financial Mathematics for a duration of 1.5 years.
- It is an on-campus program offered on a full-time basis.
- UQ’s Master of Financial Mathematics is designed to equip students with sophisticated mathematical and computational techniques to measure and manage risk in the financial marketplace.
- The sample courses of the program include:
- Finance
- Financial Mathematics
- Financial Calculus
- Computation in Financial Mathematics
- The full-time program offers students a practical and flexible curriculum that students can tailor to their interests and career goals through a range of elective courses.
- The courses include Computation in Financial Mathematics, Financial Calculus, Machine Learning, Financial Risk Management, and Econometrics of Financial Markets.
- Students will benefit from UQ’s strong connections with industry and government and experience the financial markets first-hand with an industry placement.
-
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Eligibility & Entry Requirement
Academic Eligibility:
- Students must complete a Bachelor of Mathematics or Bachelor's degree majoring in mathematics from a recognized university.
- A GPA of at least 5.5 on a 7 point scale is required to be eligible for this program.
Indian Student Eligibility:
Indian students are eligible to apply if they meet the following eligibility criteria:
- Completed a 4-year bachelor's degree from a recognized institution.
- Students must hold a GPA of 4 (60%) on a 7 point scale.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.
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Scores Required
Submission of GRE scores is required for this program, however, it is recommended to submit the scores (300+) for a better chance of admission.
Required Document List
Following are the required documents:
- CV/Resume: Outline of academic achievements or awards, publications, relevant work, or volunteer experience.
- UQ Online Applications: Students have to fill online applications to take admission.
- Academic Transcripts: Students have to provide full academic transcripts that contain student’s unit results.
- Confirmation of Enrolment (CoE): It is an official document issued to international students by universities in Australia. It confirms that students have accepted a place in a course, and have paid tuition fees and Overseas Student Health Cover premium (OSHC).
- Evidence of work experience: It includes details of management experience in the form of a CV.
- Personal Statement: It should include a brief overview of student’s strengths and any work experience and/or education that they have.
- Supplementary documents: Students may be required to provide additional information with the application, depending on which University course they choose.
- ELP Scores: Students have to submit their English languages proficiency scores like IELTS, TOEFL, or other recognized English test results.
( #7 out of 20 in Australia 2025)
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| UQ International Excellence Scholarship | 25% reduction in tuition fees per semester | International student received an unconditional offer to study full-time at UQ commencing in 2025. |
| UQ International High Achievers Award | 20% reduction in tuition fees per semester | International student received an unconditional offer to study full-time at UQ commencing in 2025. |
Key Resources for Your Study Abroad Journey
Career and Placement after Course
The career opportunities for the students are:
- Investment banker
- Retail banker
- Market risk manager
- Data scientist
- Financial planning manager
- Stockbroker
- Financial product developer
- Credit risk analyst
- Business intelligence manager
- Funds manager
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| UQ India Global Leaders Scholarship | Scholarship per student$ 13,000/Yr$20,000 | Level Of StudyBachelor | TypeCollege-Specific | |
| HASS Scholarship for Excellence - India | Scholarship per student$ 6,500/Yr$10,000 | Level Of StudyMaster | TypeCollege-Specific | |
| Science International Scholarship- University of Queensland | Scholarship per student$ 3,250/Yr$5,000 | Level Of StudyBachelor | TypeCollege-Specific | |
| Graduate Research Scholarships | Scholarship per student$ 87,750/Yr$135,000 | Level Of StudyDoctorate | TypeMerit-Based | |
| Narotam Sekhsaria Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for 2025 Intake (15th Aug 2025) | USD 22,328 /Yr AUD 34,350 /Yr |
| ||
-- | USD 35,425 /Yr AUD 54,500 /Yr |
| ||
-- | USD 31,223 /Yr AUD 48,035 /Yr |
|
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