Master of Financial Mathematics (CRICOS course code 079389K) is a Masters Degree (Coursework) delivered by The University of Queensland over 2 years. This program sits within the field of Mathematical Sciences (010199), equipping graduates with advanced quantitative skills for careers in finance, risk analysis, and data science. As a CRICOS-registered course at a leading Australian university, it is open to international students and covered by ESOS Act protections. The University of Queensland (CRICOS 00025B) is a government-owned institution consistently ranked among the world's top universities, providing a rigorous academic environment at its St Lucia Campus in Brisbane. Whether you aim to work in investment banking, actuarial science, or financial modelling, this master's degree offers a pathway to high-demand roles in Australia and globally. All fees and details below are indicative and sourced from the CRICOS register as at April 2026.
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Master of Financial Mathematics (CRICOS course code 079389K) is a Masters Degree (Coursework) delivered by The University of Queensland over 2 years. This program is classified under the field of education '01 - Natural and Physical Sciences' (010199 - Mathematical Sciences, n.e.c.). It is a single qualification with no dual award or foundation studies component. The course is taught entirely in English and does not include a mandatory work component. Students study at UQ's St Lucia Campus in Brisbane, Queensland. As a CRICOS-registered course (079389K), international students can be assured that the program meets Australian Government standards for quality education. The University of Queensland (CRICOS 00025B) is a public research university and one of Australia's prestigious 'Group of Eight' institutions.
This master's degree focuses on advanced mathematical and statistical techniques applied to financial markets and risk management. Students typically study topics such as stochastic calculus, financial modelling, quantitative risk management, numerical methods, and machine learning for finance. The program bridges pure mathematics with practical finance, preparing graduates to analyse complex financial data, develop pricing models, and make data-driven investment decisions. While the specific curriculum is set by The University of Queensland, the general aim is to produce graduates with strong analytical and problem-solving skills who can thrive in the fast-paced financial sector. Graduates often pursue roles in investment banks, hedge funds, insurance companies, and regulatory bodies.
The Master of Financial Mathematics is a 2-year full-time program, equivalent to 104 weeks on the CRICOS register. The language of instruction is English. It is a single qualification (not a dual degree) and does not include foundation studies. Students are expected to attend classes on campus at St Lucia. The program may be offered in semesters or trimesters; check with UQ for exact start dates. International students must maintain full-time enrolment to comply with student visa conditions.
Tuition fees for the Master of Financial Mathematics are indicative at A$88,980 for the full program. Non-tuition fees (including materials, services, and amenities) are estimated at A$2,081, bringing the estimated total to A$91,061. These fees are sourced from the CRICOS register as at April 2026 and are set by The University of Queensland. They are subject to change. Note that Overseas Student Health Cover (OSHC), living expenses, and the visa application charge are not included in this estimate. For current fees, always refer to the provider's website: www.uq.edu.au. Brisbane living costs are estimated at around A$1,200–A$1,500 per month for accommodation, food, and transport, but individual circumstances vary.
Applicants typically need a bachelor's degree in mathematics, statistics, physics, or a related field with a strong mathematical component. English language proficiency is usually required at IELTS 6.5–7.0 overall (or equivalent), with no band below 6.0. Some pathways may be available for students who do not meet direct entry requirements — for instance, a Graduate Certificate or Diploma in a related area. However, the University sets specific entry criteria; please confirm directly with UQ. Foundation studies are not part of this course. Always check the official CRICOS record and the provider's website for the most up-to-date entry requirements.
This course does not include a mandatory work component. There is no internship, placement, or work experience requirement built into the program. However, students may seek voluntary or part-time work outside study hours, subject to student visa conditions. The absence of a work component means the program is purely academic, allowing students to focus on rigorous coursework and research.
The Master of Financial Mathematics is delivered at The University of Queensland's St Lucia Campus, located in the suburb of St Lucia, Brisbane, Queensland (postcode 4067). Brisbane is the capital of Queensland and home to over 100,000 international students. The city has a subtropical climate, a vibrant cultural scene, and excellent public transport links, including buses and ferries connecting the campus to the city centre. The St Lucia campus sits along the Brisbane River and is a hub for research and learning. Brisbane has over 20 CRICOS-registered providers offering hundreds of courses, making it a popular study destination.
International students enrolling in this CRICOS-registered course will need a Student visa (Subclass 500). Key requirements include: genuine temporary entrant (GTE) criterion, evidence of financial capacity to cover tuition, living costs, and OSHC, and English language proficiency. Student visa holders can work up to 48 hours per fortnight while studying and unlimited hours during scheduled breaks, subject to visa conditions. OSHC is mandatory for the duration of the visa. After graduation, students may be eligible for a Temporary Graduate visa (Subclass 485) to gain work experience. Consult the Department of Home Affairs or a registered migration agent (MARA) for personalised advice. HeadStart Academy does not provide immigration advice.
Brisbane offers a lower cost of living compared to Sydney and Melbourne, with average weekly rent for a one-bedroom apartment in the city centre around A$450–A$550, and public transport costs around A$50–A$70 per week with a student concession. The city has a strong job market in finance, technology, and education, with many opportunities for internships and part-time work. The University of Queensland's St Lucia campus is well-connected by bus and ferry, making it accessible for students. Brisbane's warm climate and outdoor lifestyle are additional attractions. With over 1,500 CRICOS-registered providers across Australia, Queensland itself hosts hundreds of institutions, ensuring a diverse and supportive environment for international students.
Follow these three steps to secure your place:
1. Research CRICOS-registered providers: Visit headstartacademy.com.au to explore Master of Financial Mathematics and other courses. Filter by level, field, and location to find the right program. Ensure the provider is CRICOS-registered (The University of Queensland is, with code 00025B).
2. Apply directly to your chosen institution: Submit your application to UQ along with supporting documents (transcripts, English test scores, CV, etc.). Check application deadlines (usually semester-based) and entry requirements. You can apply online via UQ's website.
3. Receive your Confirmation of Enrolment (CoE) and apply for your Student visa (Subclass 500): Once UQ issues your CoE, use it to lodge your visa application with the Department of Home Affairs. Include evidence of OSHC, financial capacity, and GTE. Consult a MARA agent if needed.
Ready to apply? Visit The University of Queensland's website for the latest entry requirements and start your application. Or explore more CRICOS-registered courses in mathematical sciences at HeadStart Academy.
Master of Financial Mathematics is a CRICOS-registered programme at The University of Queensland. 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.