units

MTH5830

Faculty of Science

print version

This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

24 points, SCA Band 2, 0.500 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Science

Organisational Unit

School of Mathematical Sciences

Coordinator(s)

Gregoire Loeper

Offered

Clayton

  • Second semester 2016 (Day)

Synopsis

This unit is designed to provide students with industry experience and work-based learning. Through the placement, students will be able to apply financial thinking, modelling techniques and mathematical and statistical skills acquired throughout the Masters programme to solve real-life problems in finance and related areas. In the process they will acquire invaluable experience and knowledge on the functioning of a finance-related workplace.
Students must complete at least 360 hours of placement in a relevant industry.

Outcomes

The placement will enable students to

  1. Put into practice financial thinking, modelling techniques and mathematical and statistical skills acquired throughout the programme;
  2. Analyse financial and/or insurance data using tools developed throughout the programme;
  3. Construct models and solutions in specific settings relating to financial and/or insurance problems;
  4. Recommend solutions to real-life problems in finance and related areas;
  5. Design solutions to real-life problems in finance and related areas based on financial thinking, modelling techniques and mathematical and statistical skills acquired throughout the programme to;
  6. Exhibit effective reporting and writing skills in the context of a workplace.

At the end of this capstone unit, students are expected to gain graduate placements in relevant industries.

Assessment

Minor reports (3): 30% (10% each)
Final report: 50%
Oral presentation: 20%

Workload requirements

The workload in this unit is made up of two components:

  1. Work hours as agreed to by the student, the industry partner and the teaching staff. Working hours and conditions may vary from partner to partner.
  2. Reporting and report writing: 2 hours per week for the duration of the internship (at least 10 weeks) and 20 hours total for the final report.

See also Unit timetable information

Chief examiner(s)

Prerequisites

Must have passed all of MTH5210, MTH5510, MTH5520 and MTH5530

Prohibitions

Must not have completed any of MTH5810, MTH5820 & MTH5840