go to UNSW home page
UNSW logo School of Mathematics Home Page

Contacts | Sitemap
  
UNSW
Faculty of Science
School of Mathematics and Statistics
Current Students
 
Undergraduate
  Course Homepages
   First Year Semester 1
   First Year Semester 2
   First Year Summer Semester
   Second Year Semester 1
   Second Year Semester 2
   Upper Year Semester 1
   Upper Year Semester 2
   General Studies Courses
  Help for Students
  Assessment Policies
  Exam Information
  Scholarships & Awards
  Programs & Courses
  Honours
  Computing Information
  Timetables
  Student Life
  Careers
Postgraduate Coursework
Postgraduate Research
Current Students> Undergraduate> Course Homepages> First Year Semester 1

MATH1151 Mathematics for Actuarial Studies and Finance 1A

MATH1151 is a Level I Mathematics course; it is available only to students in Actuarial Studies, in BCcom/BSc with majors in Mathematics, or in the Mathematics and Finance plan in Advanced Science.

The course overview is below.

Units of credit: 6

Assumed Knowledge: HSC Mathematics and Mathematics Extension 1 with a combined mark of at least 140 or HSC Mathematics Extensions 1 and 2 with a combined mark of 175. MATH1131 might be an appropriate substitute course for students who do not have this background: seek advice.

Exclusions: MATH1011, MATH1031, MATH1131, MATH1141, ECON1202, ECON2291.

Cycle of offering: yearly in Semester 1.

Graduate attributes: the course will enhance your research, inquiry and analytical thinking abilities.

More information: this recent course handout (pdf) contains information about course objectives, assessment, course materials and the syllabus. (This pdf will usually be updated in the first week of the semester.) The Online Handbook entry contains up-to-date timetabling information.

If you are currently enrolled in MATH1151, you can log into the My eLearning Vista instance of this course.

For general advice, see advice on choosing first-year courses.

Course Overview

Although MATH1151 contains an introduction to the Theory of Statistics, it is primarily concerned with the study of two central areas of mathematics: Linear Algebra and Calculus.

Linear algebra has its beginnings in the study of vectors in the plane: vectors were first introduced to represent physical entities such as velocity and force, which are characterized by magnitude and direction. Modern linear algebra discusses vectors in any dimension, and vectors are especially useful because they can be used to record information. Together with matrices, vectors provide the basic mathematical framework in which to solve large systems of linear equations.

Calculus can be usefully thought of as being composed of two fields of study - the differential calculus and the integral calculus - and both of these depend upon the concept of a limit. The differential calculus is in essence the study of change, and the derivative of a function is its core construct. On the other hand, the integral calculus has its its roots in antiquity and the study of area, and its core construct is the integral. Much of scientific knowledge is underpinned by the seminal result known as the Fundamental Theorem of Calculus: the derivative of the integral is the given function.


Quicklinks

My eLearning Vista
MyUNSW
Library