units

MTH5840

Faculty of Science

18 September 2017 22 November 2024

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 2, 0.125 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Science

Organisational Unit

School of Mathematical Sciences

Coordinator(s)

Associate Professor Gregoire Loeper

Offered

Not offered in 2016

Synopsis

This unit is designed to provide students with industry experience and work-based learning. Through the placement, students will be able to apply financial thinking, modelling techniques and mathematical and statistical skills acquired throughout the Masters programme to solve real-life problems in finance and related areas. In the process they will acquire invaluable experience and knowledge on the functioning of a finance-related workplace.

Students must complete at least 180 hours of placement in a relevant industry.

Outcomes

The placement will enable students to

  1. Put into practice financial thinking, modelling techniques and mathematical and statistical skills acquired throughout the programme;
  2. Analyse financial and/or insurance data using tools developed throughout the programme;
  3. Construct models and solutions in specific settings relating to financial and/or insurance problems;
  4. Recommend solutions to real-life problems in finance and related areas;
  5. Design solutions to real-life problems in finance and related areas based on financial thinking, modelling techniques and mathematical and statistical skills acquired throughout the programme;
  6. Exhibit effective reporting and writing skills in the context of a workplace.

At the end of this capstone unit, students are expected to gain graduate placements in relevant industries.

Assessment

Three minor reports: 30%
Oral presentation: 20%
Final report: 50%

Chief examiner(s)

To be advised

Prerequisites

MTH5210, MTH5510, MTH5520 and MTH5530

Prohibitions

MTH5810 and MTH5830