I only did maths up to A-Level standard - no university stuff, so I'm no expert - but I was always taught BODMAS. Brackets onto Division, Multiplication, Addition and Subtraction - in that order. The implicit hierarchy.
Which probably means my knowledge of maths is incomplete, seeing as everyone else is saying it's on level pegging with multiplication, but hey.
I do naturally convert it into 48 / 2(9+3) in my head, plus I tend to expand brackets first just to make things nice and easy, so I got 2, too. In spite of the hierarchy.