MTH5820 - Minor industry research project - 2018

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

Chief examiner(s)

Professor Gregoire Loeper

Coordinator(s)

Professor Gregoire Loeper

Unit guides

Offered

Clayton

  • First semester 2018 (On-campus)
  • Second semester 2018 (On-campus)

Prerequisites

MTH5210, MTH5510, MTH5520 & MTH5530

Prohibitions

MTH5810 and MTH5830

Synopsis

This unit is designed to provide students with industry research experience and project-based learning. Through the research project, 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 working either independently or collaboratively on an applicable industry project.

Students must complete a six week industry research project (or 12 weeks if part time) at the Masters level.

Outcomes

On completion of this unit students will be able to:

  1. Put into practice financial thinking, modelling techniques and mathematical and statistical skills acquired throughout the programme.
  2. Analyse financial and/or in.
  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 at an industry standard.

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

Assessment

Minor reports (3 x 10%): 30%

Final report: 50%

Oral presentation: 20%

Workload requirements

The workload in this unit is made up of two components:

  • Research: On average 44 hours per week for 6 weeks (or 22 hours per week for 12 weeks), including meeting and discussion with the supervision team, background research, problem solving, numerical implementation and private study.
  • Reporting and report writing: On average 4 hours per week for 6 weeks (or 2 hours per week for 12 weeks), including minor reports, final thesis and preparation of oral presentation.

See also Unit timetable information