ACTL90003 Mathematics of Finance III (University of Melbourne): rated 4.0/5 overall, difficulty 4.5/5 (higher is harder) across 1 review collected on UniMelb Wall.
ACTL90003 is a University of Melbourne course taught by the Faculty of Business and Economics in Actuarial Studies. This page brings together its handbook details and what UniMelb students say about it.
Review data updated 2026-10-24.
Chinese title: 金融数学III
Type: Graduate coursework subject
Subject area: Actuarial Studies
Faculty: Faculty of Business and Economics
Level: Graduate coursework Level 9
Handbook year: 2026
This subject aims to provide students with grounding in advanced financial mathematics, covering option pricing under the binomial model; risk‐neutral pricing of derivative securities; Brownian motion; introduction to Itô΄ formula and SDEs; stochas asset models; Black‐Scholes model; arbitrage an. .
ACTL90003 has 1 scored review: overall 4.0/5 · usefulness 4.0 · difficulty 4.5 (all out of 5; higher difficulty means harder).
Sources: the Actuarial Students' Society Subject Review 2025 course guide.
Actuarial Students' Society Subject Review 2025: "ACTL40004 Advanced Financial Mathematics is a real step-up in difficulty from ACTL30006 Intermediate Financial Mathematics. Some topics are straightforward and are akin to the level of difficulty present in ACTL30006 Intermediate Financial Mathematics, the rest were significantly more difficult. Co…"
The course panel on UniMelb Wall shows every review and discussion in full.
Q: Is ACTL90003 hard?
A: Students rate ACTL90003's difficulty 4.5/5 on average (higher is harder), which makes it one of the harder courses. Only a few reviews so far, so treat this as a rough guide.
Q: Is ACTL90003 worth taking?
A: Averaged over 1 review: usefulness 4.0/5, overall 4.0/5. Only a few reviews so far, so treat this as a rough guide.
Q: Which faculty teaches ACTL90003, and when is it offered?
A: ACTL90003 is taught by the Faculty of Business and Economics. Check the official handbook for the current year.
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