About the course

Variability, randomness, risk, and related attributes characterise most measurable phenomena in the real world. Probability and Stochastic Processes are concerned with random phenomena occurring dynamically in time or space, or both. They play a critical role in the theory and methods of a wide range of physical, medical, engineering and social sciences, and many others. A good understanding of probability is essential for the study of Statistics. Probability theory is both mathematically elegant and remarkably practical, and the distinction it makes between deterministic and stochastic modelling is fundamental to real-world applications especially in the areas of insurance risk, genetics and evolutionary biology, climatology, epidemiology, criminology, time series modelling and forecasting, signal processing and detection, and derivatives pricing and financial mathematics.

　　Learning Outcomes

　　Explain the fundamental concepts of probability theory and its position in modern statistical and mathematical sciences and applied contexts

　　Explain the fundamental concepts of stochastic processes in continuous time and their position in modern statistical and mathematical sciences and applied contexts

　　Solve complex problems relating to probability theory and stochastic processes in a variety of contexts Scholarships - View all scholarships Internships

　　

Start dates and prices

Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.

　　Duration: 3 Year(s)Fees: Not available

Intake	Location
Semester 1 (February), 2024	Canberra
Semester 2 (July), 2024	Canberra
Semester 1 (February), 2025	Canberra
Semester 2 (July), 2025	Canberra
Semester 1 (February), 2026	Canberra
Semester 2 (July), 2026	Canberra

　　

How to apply

Entry requirements for The Australian National University

Applicants who complete a recognised secondary/senior secondary/post-secondary/tertiary sequence of study will be assessed on the basis of an equivalent selection rank that is calculated upon application.

　　International Baccalaureate - 29

　　Academic IELTS - An overall score of 6.5 with a minimum of 6.0 in each component of the test.

　　TOEFL PBT - A score of 570 with a TWE score of 4.5

　　TOEFL iBT - An overall score of 80, with a minimum of 20 in Reading and Writing and 18 in Speaking and Listening.

　　

English language requirements

　　6.5

　　Overall IELTS band score

　　Book IELTS

　　About IELTS

　　Practice and prepare

　　TOEFL Internet based overall score: 80.0

　　

Application deadline:

This date isn’t available – speak to an IDP counsellor to get detailed information.

　　

Further information

Career outcomesIf you aren’t eligible for the above entry requirements, you might want to explore pathway options at The Australian National University. If you want to find out more, please speak to our counsellors.

　　Pathway options to study at this institution

　　

Reviews and rankings

World ranking

　　67th / 1250

　　THE World ranking

　　

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