Independent research can be a life changing experience. In this unit you will complete a research project in the discipline of Financial Mathematics and Statistics. Together with your supervisor, you will identify a novel research question and develop a model, or propose some mathematical or computational analysis. You will then carry out this program of work to produce results that can be interpreted in terms of the underlying problem in finance. Your work will be assessed by a twenty minute presentation towards the end of your honours year and a 40 to 60 page honours thesis. Successful completion of your Honours will clearly demonstrate that you have mastered significant research and professional skills for either undertaking a PhD or any variety of future careers.