Bachelor of Science (BSc) in Financial Engineering

Summary

A Bachelor of Science (BSc) is about understanding and improving the natural world through observation, experimentation, modelling, and calculation. The Bachelor of Science requires a minimum total of 360 points:

• a compulsory 15-point Science course
• a minimum of 255 points of Science courses
• the remaining 90 points can be from either Science courses or courses from other degrees.

At least 225 points must be from courses above 100-level, with at least 90 points at 300-level.

Double degrees

Many students combine the study of a BSc with another degree.

Conjoint degrees

Students can study the Conjoint Bachelor of Product Design and Science or the Conjoint Bachelor of Commerce and Science, which requires 60 points less than a double degree and will be completed in four years in an intensive format.

Financial engineering Major

Want to understand the complexity of capital markets? How to manage different types of risks? Interested in achieving a challenging technical degree with flexible career opportunities?

Financial engineering is a cross-disciplinary field combining financial and economic theory with the mathematical and computational tools needed to design and develop financial products, portfolios, markets, and regulations. Financial engineers manage financial risk, identify market opportunities, design and value financial or actuarial products, and optimise investment strategies.

Similar to other professional degrees at UC, the first year of the Bachelor of Science in Financial Engineering provides a breadth and depth of technical skills and knowledge across the key disciplines of finance and economics, mathematics and statistics, and computer science and software engineering.

This broad foundation is then built upon over the next two years, where you will undertake further core courses across these disciplines and can choose specialisations within Financial Engineering.

Further Study

If you have achieved top grades during your Bachelor of Science, you may be permitted to enter the BSc(Hons), which is an accelerated 12-month postgraduate degree.

Career opportunities

UC Financial Engineering graduates will be ready for the international workplace in the finance industry and related fields mentioned above. They will also be well prepared for further study in Financial Engineering in order to attain positions at higher technical levels.

Employers range from private industries, such as banking, investment, capital industries, security, data analysis, risk management and insurance, to the public sector (eg, Reserve Bank, The Treasury or regulatory bodies).

Graduates with the cross-disciplinary knowledge and highly technical skills will have openings to a breadth of career opportunities such as investment brokers, actuaries, and statisticians and data scientists.