MATH2881 is a Mathematics Level II course. See the course overview below.

Units of credit: 6

Prerequisites: MATH1231 or MATH1241 or MATH1251 or ECON1203 (CR).

Exclusions: n/a

Cycle of offering: yearly in Semester 2.

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

More information: this provisional outline course handout (pdf) contains information about course objectives, assessment, course materials and the syllabus.
(This pdf will usually be updated by the end of the first week of the semester.)

The Online Handbook entry contains up-to-date timetabling information.

MATH2881 is a core course for the new Quantitative Risk major in Advanced Science but is also available generally.

If you are currently enrolled in MATH2881, you can log into the My eLearning Vista instance of this course.

The School is grateful to sponsors SAS and CBA for generous sponsorship that has made the course possible. The sponsors will operate a (voluntary) work placement program for students of the course.

 

The course introduces the methods used in banks and financial institutions to measure and mitigate their risk. It deals with the regulatory framework of bank risk and introduces the statistical methods for market, credit and operational risk, such as Value-at-Risk and issues concerning predictions from financial data.