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March 29, 2024, 04:45:42 pm

Author Topic: How maths intensive does Commerce get?  (Read 3566 times)  Share 

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rkjthguakj

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How maths intensive does Commerce get?
« on: March 13, 2021, 09:11:40 am »
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Just genuinely curious. As someone, who enjoys maths but is pretty bad at it, I wanna know.

This semester I've taken up Principle of Finance and Quantitive Methods, which seem to be pretty maths intensive. Do the commerce subjects get more maths intensive?

Also, I heard that Melbourne Commerce is a lot more maths intensive than Monash Commerce? Is this true?
2019: Business Management
2020: English | Methods | Economics | Legal Studies | Global Politics
2021: Bachelor of Commerce @ UniMelb
2022- 2024: Bachelor of Arts @ UniMelb | Diploma in Languages (Chinese)

BuffInvestmentBanker

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Re: How maths intensive does Commerce get?
« Reply #1 on: March 27, 2021, 12:17:59 am »
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Yea it depends on your major. Econ ( and ofc actl) will get maths intensive like ECOM30002 will have quite a bit of proofs and matrices. Tbh if you did aight on methods the math shouldn't be the problem more so understanding the underlying concepts. Other econ subjects such as: ECON30025, 30024, 30020, 30009, 30010, ECOM30004, ECON20002 ALL have quite a bit of math/stats in them.

Finance not really. It's more of a plug and chug subject. Derivs has a lot of formulas none of them are hard just playing around with numbers. Investments got some stats shit tho but yet agian nothing intense. For the finance major you need to take QM2: ECON20003 or econometrics 1: ECOM20001 to do the level 3s however those classes are more basic stats/econometrics classes no real maths more data analysis stuff.

Actuarial is the only major with really math heavy aspects but even then it's less rigorous than actual math

All other majors are quite light on math. Accounting has numbers but no mathematics.

Also melb bcom for the most part is more mathematical than monash. I went to both so id know. Melb has you take a lvl2 quant class. However if you take bda or mbr (mgmt20005 or mktg20004) they're lowkey easier than qm1. But monash doesn't have you take those classes. So melb econ without a
Shadow of a doubt is more math heavy than monash (unless you specialise in quant econ/econometrics which i wouldnt really consider an econ major more so an econometrics major and even then u can make a melb econ major just as quant heavy by taking econ30024/30020/30025 and ecom30002/4). This is because they require you to take a level 3 econometrics and most the units are more maths heavy.
However id say monash finance is more math heavy than melb cuz of classes like bfc3340 and etc3460 which put melb finance to shame.

However what I love about the BCom is you can make it super maths intensive (like me doing all hard quant classes and an applied maths diploma) or you can really tone it down and make it nice and qualitative (my mate majors in econ but does classes like econ of law and policy analysis to escape the hard maths). Monash's majors are a lot more locked in and less breathing room or elective space makes it hard to specialise in one area. That's why I jumped ship
2017 - 2018: VCE:
FM. MM, SM, Physics, Eng lang, Soft dev (ATAR: 98.8 )

2019: BBankFi (Banking/finance and mathematics majors) (Scholars) @ monash (WAM: 88.7)
2020 - 2022: Bcom(finance)/DMath (App math) @ UniMelb (WAM: 87.5)

2021 Classes:
S1 FNCE30001, FNCE30007, MAST20026, MAST30021
S2 MAST30028, ECON20005, FNCE30010, MAST20004

2022 Classes:
S1 ECON30025, MAST30030, ACTL20001
S2 MAST30001, ACTL20003, ACTL20004

GOALS: Graduate with an honours degree and continue a career in quant trading, strat at BBIB, or quant research. Willing to chat about similar interests.