With Majors in Banking & Finance and Economics.
Location: Gardens Point campus Course Duration: 4 years full-time Total Credit Points: 432
Standard Credit Points/Full-time Semester: 54 (average) Course Coordinators:
Science: Dr Jack Wrigley Business: Ms Elizabeth McDade Professional recognition
Graduate will be eligible for membership of the Mathematical Society of Australia, the Statistical Society of Australia and, depending on unit selection, the Australian Society of Operations Research as well as the Economic Society of Australia and the Australian Institute of Management. Students may also be eligible for membership of the Australian Institute of Banking and Finance and the Institute of Chartered Secretatries, again depending on unit selection.
Course structure
Students are required to complete 432 credit points comprised of 204 credit points from the Bachelor of Applied Science (Mathematics) program and 228 credit points from the Bachelor of Business program.
Students supplement the mathematics component of this program with the 96 credit point Faculty Core units in the Bachelor of Business program together with a 60 credit point Major in either Banking &
Finance or Economics, and a further 72 credit points in which the student must complete one of the following:
(i) Double Major (six units); or (ii) Extended Major (six units); or (iii) Specialisation (six units).
Recommended combinations are:
Banking & Finance Major Extended Major in Banking
Extended Major in Funds Management Double Major in Economics
Specialisation in Analytical Techniques for Business Economics Major
Extended Major in Advanced Economic Analysis Double Major in Banking & Finance
Specialisation in Analytical Techniques for Business
It is Faculty of Business policy that a grade of 4 or higher is required in prerequisite units before a student can enrol in further units. Prerequisite requirements are provided in the unit synopsis and it is the student’s responsibility to ensure they are correctly enrolled.
For information on the double majors, extended majors and specialisations, refer to the relevant section in the Bachelor of Business (BS56) course entry.
At least 48 credit points of the mathematics electives must be from Level 3 units.
Note: Please note that EFB101 Data Analysis for Business which is normally undertaken in the Majors of Banking & Finance and Economics, is not required as the content will be covered in the statistics units from the mathematics component of the program.
Students without at least Sound Achievement in Mathematics C (or equivalent), will need to take the unit MAB100 Mathematical Sciences 1A in Year 1, Semester 1. The total number of mathematics units to be taken is unchanged. This unit replaces one of the Level 2 or 3 Mathematics electives. The unit MAB111 Mathematical Sciences 1B is deferred until Year 1, Semester 2. The unit BSB117 Professional Communication & Negotiation is deferred until Year 3, Semester 1.
Honours
Graduates of IF60 can apply for entry into Honours in Mathematics, or into their Business Major (Economics, or Banking and Finance).
Credit Points Contact Hrs/Wk BANKING & FINANCE MAJOR
Year 1, Semester 1
BSB112 Introduction to Electronic Commerce 12 3
BSB113 Economics 12 3
MAB101 Statistical Data Analysis 1 12 4
MAB111 Mathematical Sciences 1B 12 4
Year 1, Semester 2
BSB110 Accounting 12 4
BSB117 Professional Communication & Negotiation 12 3
EFB102 Economics 2 12 3
MAB112 Mathematical Sciences 1C 12 4
MAB210 Statistical Modelling 1 12 4
Year 2, Semester 1
BSB116 Marketing & International Business 12 3
EFB210 Finance 1 12 3
MAB311 Advanced Calculus 12 4
MAB313 Mathematics of Finance 12 4
Year 2, Semester 2
BSB114 Government, Business & Society 12 3
EFB307 Finance 2 12 3
EFB312 International Finance & Economics 12 3
MAB220 Computational Mathematics 1 12 4
Mathematics Elective (Level 2 or 3) 12
Year 3, Semester 1
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Double Major/Extended Major/Specialisation unit 12 Double Major/Extended Major/Specialisation unit 12 Year 3, Semester 2
BSB111 Business Ethics 12 3
Mathematics Elective (Level 2 or 3) 12
Double Major/Extended Major/Specialisation unit 12 Double Major/Extended Major/Specialisation unit 12 Year 4, Semester 1
EFB201 Australian Financial Markets 12 3
Double Major/Extended Major/Specialisation unit 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Year 4, Semester 2
BSB115 Management, People & Organisations 12 3
Double Major/Extended Major/Specialisation unit 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
For students with four semesters of Senior Mathematics B (or equivalent) only, at an exit level of Sound Achievement or better:
Year 1, Semester 1
BSB112 Introduction to Electronic Commerce 12 3
BSB113 Economics 12 3
MAB100 Mathematical Sciences 1A 12 4
MAB101 Statistical Data Analysis 1 12 4
Year 1, Semester 2
BSB110 Accounting 12 4
EFB102 Economics 2 12 3
INTERFACULTY COURSES
MAB111 Mathematical Sciences 1B 12 4
MAB112 Mathematical Sciences 1C 12 4
MAB210 Statistical Modelling 1 12 4
Year 2 to 4 program
As above except the unit BSB117 Professional Communication & Negotiation replaces one of the Mathematics Electives.
ECONOMICS MAJOR Year 1, Semester 1
BSB112 Introduction to Electronic Commerce 12 3
BSB113 Economics 12 3
MAB101 Statistical Data Analysis 1 12 4
MAB111 Mathematical Sciences 1B 12 4
Year 1, Semester 2
BSB110 Accounting 12 4
BSB117 Professional Communication & Negotiation 12 3
EFB102 Economics 2 12 3
MAB112 Mathematical Sciences 1C 12 4
MAB210 Statistical Modelling 1 12 4
Year 2, Semester 1
EFB202 Business Cycles & Economic Growth 12 3
EFB211 Firms, Markets & Resources 12 3
MAB311 Advanced Calculus 12 4
MAB313 Mathematics of Finance 12 4
Year 2, Semester 2
BSB114 Government, Business & Society 12 3
BSB116 Marketing & International Business 12 3
EFB305 Current Economic Policy Challenges 12 3
MAB220 Computational Mathematics 1 12 4
Mathematics Elective (Level 2 or 3) 12
Year 3, Semester 1
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Double Major/Extended Major/Specialisation unit 12 Double Major/Extended Major/Specialisation unit 12 Year 3, Semester 2
EFB314 International Trade & Economic Competitiveness 12 3
Mathematics Elective (Level 2 or 3) 12
Double Major/Extended Major/Specialisation unit 12 Double Major/Extended Major/Specialisation unit 12 Year 4, Semester 1
BSB111 Business Ethics 12 3
Double Major/Extended Major/Specialisation unit 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
Year 4, Semester 2
BSB115 Management, People & Organisations 12 3
Double Major/Extended Major/Specialisation unit 12
Mathematics Elective (Level 2 or 3) 12
Mathematics Elective (Level 2 or 3) 12
For students with four semesters of Senior Mathematics B (or equivalent) only, at an exit level of Sound Achievement or better:
Year 1, Semester 1
BSB112 Introduction to Electronic Commerce 12 3
BSB113 Economics 12 3
MAB100 Mathematical Sciences 1A 12 4
MAB101 Statistical Data Analysis 1 12 4
Year 1, Semester 2
BSB110 Accounting 12 4
EFB102 Economics 2 12 3
MAB111 Mathematical Sciences 1B 12 4
MAB112 Mathematical Sciences 1C 12 4
MAB210 Statistical Modelling 1 12 4
Year 2 to 4 program
As above except the unit BSB117 Professional Communication & Negotiation replaces one of the Mathematics Electives.
Mathematics Electives Level 2 units
MAB312 Linear Algebra MAB314 Statistical Modelling 2 MAB315 Operations Research 2 MAB420 Computational Mathematics 2 MAB413 Differential Equations MAB414 Applied Statistics 2 MAB422 Mathematical Modelling Level 3 units
MAB521 Applied Mathematics 3 MAB522 Computational Mathematics 3 MAB523 Introduction to Quality Management MAB524 Statistical Inference
MAB525 Operations Research 3A MAB526 Statistical Science 3 MAB613 Partial Differential Equations MAB621 Discrete Mathematics MAB623 Financial Mathematics MAB624 Applied Statistics 3 MAB625 Operations Research 3B