Bachelor of Business/Bachelor of Mathematics

Overview

• Prepares you to undertake sophisticated economic and financial modelling that is crucial to the business world.
• Complete 2 separate degrees in 4 years full-time.
• Study a business major in accountancy, advertising, economics, finance, human resource management, international business, management, marketing, or public relations.
• Specialise in applied mathematics, discrete mathematics, financial mathematics, mathematical modelling, operations research, scientific computation and visualisation, and statistics.

Details

Accountancy, economics or finance are ideal business majors to accompany your mathematics degree, as you will learn how to undertake the sophisticated economic and financial modelling that is integral to business and government decision making. Your mathematics degree will prepare you for a career in finance, investment, information technology, environmental management, health, marketing, logistics, defence, media, education and research. Graduates are highly valued for their analytical and problem-solving skills. Development of skills in communication, problem solving, critical thinking and teamwork form an integral part of the course. In the business component of this double degree, you will gain broad-based business knowledge and skills that will prepare you for any business role, along with the specialist skills and knowledge in your choice of business major. 

Career outcomes

Combining business and mathematics offers diverse and sustainable career opportunities. 

• An economics major may be useful to chart a career in actuarial areas of insurance and superannuation, although further study is required in order to qualify as an actuary. 
• A key role of accountants is analysing and interpreting financial data to provide business advice to clients, and the quantitative skills in the mathematics degree enhance this process. Advanced statistical analysis skills may assist marketing professionals while knowledge of logistics can assist managers in a wide range of industries. Graduates may find employment as accountants, advertising professionals, finance consultants, economists, human resource managers, international business specialists, managers, marketing officers or public relations officers.
• The financial sector employs qualitative analysts to optimise returns in both the short-term and long-term, trading and pricing derivatives, to analyse quantitative risk, and work in investment strategy. 

Professional recognition

Both degrees allow you to satisfy the requirements of membership of the relevant professional body for your chosen majors.

Units

Course Design

Students are required to complete 384 credit points comprised of 192 credit points from the Bachelor of Mathematics program and 192 credit points from the Bachelor of Business program.

Business component:

Commencing students from 2009 onwards

• 8 Business School Core units (96 credit points) including MGB223 (see below)*
• 8 Major Core units (96 credit points)

2007-2008 commencing students

• 7 Business School Core units (84 credit points)*
• 9 Major Core units (108 credit points)

*Please note that BSB123 Data Analysis (one of the Business School Core Units) is not required as the content of MAB313 Mathematics of Finance covers similar topics. MGB223 Entrepreneurship and Innovation replaces BSB123.

*Accounting major students complete 6 Business Core Units and 10 Accountancy major units to allow them to complete professional requirements.

* Please note that EFB101 Data Analysis for Business which is normally undertaken in the Majors of Accountancy, Banking & Finance and Economics, is not required as the content will be covered in the statistics units from the mathematics component of the program.

Entry requirements

Minimum academic requirements

Did you complete secondary school in Australia?

Course fees

Your actual fees may vary depending on which units you choose. All fees are based on current fixed fee prices. We review fees annually.

You should consider applying for an industry-sponsored mathematics bursary or a business scholarship to help you financially throughout your studies. For further information visit Scholarships.

Scholarships and financial support

You can apply for scholarships to help you with study and living costs.

These scholarships are available for this course:

View all scholarships