Introduction to Financial Mathematics I

Undergraduate | 2026

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Mode
Mode
Your studies will be on-campus, and may include some online delivery
On campus
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Area/Catalogue
MATH 1040
Course ID icon
Course ID
207562
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Campus
Adelaide City Campus
Level of study
Level of study
Undergraduate
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Unit value
6
Course owner
Course owner
Adelaide University
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Course level
1
Work Integrated Learning course
Work Integrated Learning course
No
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Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
No
University-wide elective icon
University-wide elective course
No
Single course enrollment
Single course enrolment
No

Course overview

Together with MATHS 1010 Applications of Quantitative Methods in Finance I, this course provides an introduction to the basic mathematical concepts and techniques used in finance and business, highlighting the inter-relationships of the mathematics and developing problem solving skills with a particular emphasis on financial and business applications. Topics covered are: polynomial, exponential and logarithmic functions; limits, sequences, interest rates and annuities; linear equations, matrices and determinants; Leontief economic models; optimisation (linear programming).

Course learning outcomes

  • Demonstrate understanding of basic concepts in linear algebra, relating to linear equations, matrices, and optimization
  • Demonstrate understanding of concepts relating to functions and annuities
  • Employ methods related to these concepts in a variety of financial applications
  • Apply logical thinking to problem solving in context
  • Use appropriate technology to aid problem solving
  • Demonstrate skills in writing mathematics

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

  • Must not have completed MATHS1009 Introduction to Financial Mathematics I at the University of Adelaide AND must not have completed all of ECON1019 Introduction to Mathematical Economics I/ECON1020 Mathematical Economics I/MATH1045 Mathematics IM/MATH1050 Mathematics IA/MATH2050 Mathematics IB

Assumed knowledge

N/A

Textbook(s)

N/A

Inherent requirements

N/A

Other resources

N/A

Assessment

N/A

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The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.