Diploma of Mathematical Sciences - Actuarial Major Course Plans

The following are typical course plans for students in the Bachelor of Commerce with a major in Actuarial Studies combined with the Diploma of Mathematical Sciences with a major in Applied Mathematics, Pure Mathematics or Discrete Mathematics and Operations Research. For other areas of major studies choose from commerce options. Below are possible course plans for 8 semesters (standard option). It is possible to overload to complete both the Bachelor degree and the Diploma in less time.


MAST10005 Calculus 1 Stream
For students with no (or ≤ 28 in ) VCE Specialist Mathematics or equivalent
MAST10006 Calculus 2 Stream
For students with 29 to 37 in VCE Specialist Mathematics or equivalent
Accelerated Mathematics Stream
For students with ≥38 in VCE Specialist Mathematics or equivalent


Accelerated Mathematics Stream

 

Subjects counting towards the Diploma of Mathematical Sciences only

 

Subjects counting towards Bachelor degree only

 

Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences

 

Semester 1
Level 1
MAST10008 Accelerated Mathematics 1
Level 1
Introductory Microeconomics
Level 1
Accounting Reports and Analysis
Level 1
Principles of Finance
Semester 2
Level 1
MAST10009 Accelerated Mathematics 2
Level 1
Introductory Macroeconomics
Level 1
Introductory Financial Accounting
Level 1
Breadth - non-mathematics & statistics
†† (See notes)
Semester 3
Level 2
MAST20004 Probability
Level 2
Maths/Stats Major
** (See notes)
Level 2
Organisational Behaviour
Level 2
Financial Maths I
Semester 4
Level 2
MAST20005 Statistics
Level 2
Maths/Stats Major££
Level 2
Financial Maths II
Level 2
Intermediate Macroeconomics
Semester 5
Level 3
Maths/Stats Major
Level 2
Business Finance
Level 3
Actuarial Modelling I
Level 3
Actuarial Modelling II
Semester 6
Level 3
Maths/Stats Major
Level 3
Contingencies (25 points)
 
Semester 7
Level 3
Maths/Stats Major
Level 3
Financial Maths III
Breadth - non-mathematics & statistics
†† (See notes)
 
Semester 8
Level 3
Maths/Stats Major
Level 3
Actuarial Statistics
Level 3
Models for Insurance and Finance
 

Notes: ** For the Discrete Mathematics & Operations Research specialisation, students delete this subject from their plan and cross credit the semester 4 subject marked ££ to the bachelor degree and diploma.
†† Students intending to take the Applied Mathematics specialisation who do not already have evidence of competence in computer programming will also need to complete a computing subject to satisfy the computing prerequisite for MAST30028. These students are recommended to take COMP10001 Foundations of Computing as their breadth subject in semester 2, or COMP20005 Engineering Computation as their breadth subject in semester 7 and then take MAST30028 in semester 8. Students in this situation may wish to seek individual course advice from the Mathematics and Statistics Learning Centre, ground floor, Peter Hall building.

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MAST10006 Calculus 2 Stream

 

Subjects counting towards the Diploma of Mathematical Sciences only

 

Subjects counting towards Bachelor degree only

 

Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences

 

Semester 1
Level 1
MAST10006 Calculus 2
Level 1
Introductory Microeconomics
Level 1
Accounting Reports and Analysis
Level 1
Principles of Finance
Semester 2
Level 1
 MAST10007 Linear Algebra
Level 1
Introductory Macroeconomics
Level 1
Introductory Financial Accounting
Level 1
Breadth - non-mathematics & statistics
†† (See notes)
Semester 3
Level 2
MAST20004 Probability££
Level 2
MAST20026 Real Analysis
Level 2
Maths/Stats Major
** (See notes)
Level 2
Financial Maths I
Semester 4
Level 2
MAST20005 Statistics
Level 2
Maths/Stats Major
Level 2
Organisational Behaviour
Level 2
Financial Maths II
Semester 5
Level 3
Maths/Stats Major
Level 2
Business Finance
Level 3
Actuarial Modelling I
Level 3
Actuarial Modelling II
Semester 6
Level 3
Maths/Stats Major
Level 3
Contingencies (25 points)
Level 2
Intermediate Macroeconomics
Semester 7
Level 3
Maths/Stats Major
Level 3
Financial Maths III
Breadth - non-mathematics & statistics
†† (See notes)
 
Semester 8
Level 3
Maths/Stats Major
Level 3
Actuarial Statistics
Level 3
Models for Insurance and Finance
 

Notes: ** For the Discrete Mathematics & Operations Research specialisation, students delete this subject from their plan and cross credit MAST20004 (marked ££) to the Diploma.
†† Students intending to take the Applied Mathematics specialisation who do not already have evidence of competence in computer programming will also need to complete a computing subject to satisfy the computing prerequisite for MAST30028. These students are recommended to take COMP10001 Foundations of Computing as their breadth subject in semester 2, or COMP20005 Engineering Computation as their breadth subject in semester 7 and then take MAST30028 in semester 8. Students in this situation may wish to seek individual course advice from the Mathematics and Statistics Learning Centre, ground floor, Peter Hall building.

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MAST10005 Calculus 1 Stream

 

Subjects counting towards the Diploma of Mathematical Sciences only

 

Subjects counting towards Bachelor degree only

 

Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences
Semester 1
Level 1
MAST10005 Calculus 1
Level 1
Introductory Microeconomics
Level 1
Accounting Reports and Analysis
Level 1
Principles of Finance
Semester 2
Level 1
MAST10006 Calculus 2
Level 1
Introductory Macroeconomics
Level 1
Introductory Financial Accounting
Level 1
Breadth - non-mathematics & statistics
†† (See notes)
Summer
Level 1
MAST10007 Linear Algebra
     
Semester 3
Level 2
MAST20004 Probability££
Level 2
MAST20026 Real Analysis
Level 2
Maths/Stats Major
** (See notes)
Level 2
Financial Maths I
Semester 4
Level 2
MAST20005 Statistics
Level 2
Maths/Stats Major
Level 2
Organisational Behaviour
Level 2
Financial Maths II
Semester 5
Level 3
Maths/Stats Major
Level 2
Business Finance
Level 3
Actuarial Modelling I
Level 3
Actuarial Modelling II
Semester 6
Level 3
Maths/Stats Major
Level 3
Contingencies (25 points)
Level 2
Intermediate Macroeconomics
Semester 7
Level 3
Maths/Stats Major
Level 3
Financial Maths III
Breadth - non-mathematics & statistics
†† (See notes)
 
Semester 8
Level 3
Maths/Stats Major
Level 3
Actuarial Statistics
Level 3
Models for Insurance and Finance
 

Notes: ** For the Discrete Mathematics & Operations Research specialisation, students delete this subject from their plan and cross credit MAST20004 (marked ££) to the Diploma.
†† Students intending to take the Applied Mathematics specialisation who do not already have evidence of competence in computer programming will also need to complete a computing subject to satisfy the computing prerequisite for MAST30028. These students are recommended to take COMP10001 Foundations of Computing as their breadth subject in semester 2, or COMP20005 Engineering Computation as their breadth subject in semester 7 and then take MAST30028 in semester 8. Students in this situation may wish to seek individual course advice from the Mathematics and Statistics Learning Centre, ground floor, Peter Hall building.

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