Master of Financial Mathematics (CRICOS course code 058739M) is a Masters Degree (Coursework) delivered by The University of New South Wales (UNSW) over 1 year 8 months (~86 weeks). This course equips students with advanced quantitative skills in mathematical finance, risk management, and financial modelling — skills in high demand in banking, investment, and insurance sectors. As a CRICOS-registered program (provider CRICOS 00098G), international students can study on a Student visa (Subclass 500) and benefit from ESOS Act protections. UNSW’s Kensington campus in Sydney offers access to one of Australia’s largest financial hubs. With over 1,500 CRICOS-registered providers and 26,433 courses nationwide, HeadStart Academy helps you navigate your options — all data sourced from the official CRICOS register (April 2026).
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This course falls under the field of Mathematics (010101) within Natural and Physical Sciences. At this level (AQF Level 9), students develop advanced theoretical and applied knowledge in financial mathematics, including stochastic calculus, derivative pricing, portfolio optimisation, and statistical modelling. Graduates typically gain the ability to analyse complex financial problems, construct mathematical models, and interpret quantitative data to support decision-making in financial markets. The program emphasises analytical thinking, computational skills, and research methods, preparing students for roles as quantitative analysts, risk managers, or financial engineers. Specific subjects are set by UNSW — contact the provider for a detailed syllabus.
The Master of Financial Mathematics is a full-time course with a duration of 1 year and 8 months (86 weeks) as recorded on the CRICOS register. The language of instruction is English. It is a single qualification (no dual award) and no foundation studies component. Study mode is typically on-campus at UNSW Kensington. International students must maintain enrolment consistent with visa conditions.
Course fees are indicative and sourced from the CRICOS register. Tuition: A$86,000. Non-tuition fees: A$1,500. Estimated total: A$87,500. These do not include Overseas Student Health Cover (OSHC), living costs, or the visa application charge. For current fees, always check UNSW's website. Living costs in Sydney range approximately A$500–A$700 per week for rent, food, and transport. OSHC costs approximately A$600–A$800 per year for single cover.
Typical entry requires an undergraduate degree in mathematics, statistics, actuarial science, or a related field with a strong academic record. English language proficiency: IELTS 6.5–7.0 overall (or equivalent). UNSW may require a minimum score in each band. Some pathway options (e.g., Graduate Certificate) may be available — refer to the provider. Meeting minimum requirements does not guarantee admission.
No work component. This course does not include a mandatory work component. However, international students on a Student visa (Subclass 500) can work up to 48 hours per fortnight during term and unlimited hours during scheduled breaks, subject to visa conditions.
The course is delivered at The University of New South Wales — Kensington, NSW. Sydney is Australia’s largest city with over 200,000 international students and more than 20 CRICOS-registered universities and colleges. The Kensington campus is well-served by public transport (bus and light rail) and located near the Sydney CBD. Living costs are higher than the national average — budget accordingly.
International students enrolling in this CRICOS-registered course can apply for a Student visa (Subclass 500). Key requirements: Genuine Temporary Entrant (GTE) criterion, sufficient financial capacity, and Overseas Student Health Cover (OSHC). Work rights: 48 hours per fortnight during study periods, unlimited during scheduled breaks (if enrolled in a full-time course of at least two years). The ESOS Act ensures protection of tuition fees and course quality. For visa advice, consult a registered MARA agent or the Department of Home Affairs.
Follow these three steps to apply for the Master of Financial Mathematics at UNSW: 1. Research CRICOS-registered providers — use HeadStart Academy to filter by course level, field, and location. Compare providers and confirm CRICOS registration. 2. Apply directly to your chosen institution — UNSW. Check entry requirements, prepare English test results (IELTS, TOEFL, etc.), and submit your application by the deadline. UNSW may have multiple intake periods. 3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500). Once UNSW issues your CoE, you can lodge your visa application. Ensure you have OSHC and sufficient funds. Remember: HeadStart Academy does not provide migration advice — always consult a MARA agent if needed.
Apply directly to UNSW today — confirm fees and entry requirements on their website.
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Master of Financial Mathematics is a CRICOS-registered programme at The University of New South Wales (UNSW). Use this register extract [CRICOS register, Apr 2026] to cross-check codes, duration and indicative fees before you apply.
This page is general information only and not migration advice. Confirm Student visa (Subclass 500) requirements with the Department of Home Affairs.