Accounting and Financial Management

Add up the advantages: two areas of expertise, one serious career edge

Acquire the expertise to analyze financial information and take a leadership role in any business. This rigorous program covers accounting, finance, business analytics, and investment management, and more.

We offer a rich learning environment where you can develop professional competencies both inside and outside the classroom. Extend your learning through co-op work terms, extracurricular activities, and a host of other experiential opportunities. 

By the time you graduate, you'll be advancing your career, not just launching it! Your bachelor's degree in Accounting and Financial Management (AFM) sets you up for success. You’ll be able to analyze, interpret, and communicate the information that drives business decisions.

dollar sign$34,000 to $81,000 in potential co-op earnings

icon showing route from A to BYour direct route to a CPA, CFA, and/or CBV

icon of a graduation capEarn a Bachelor of Accounting and Financial Management (BAFM)


Admission requirements

Ontario students: six Grade 12 U and/or M courses including

  • English (ENG4U) (minimum final grade of 75% is required)
  • Advanced Functions (minimum final grade of 75% is required)
  • Calculus and Vectors (minimum final grade of 75% is required)

Recommended courses: Principles of Financial Accounting, Mathematics of Data Management

Admission average: Individual selection from the mid-80s

The AFM Admissions Assessment (AFMAA) is required for admission.

We strongly recommended that you also submit the Admission Information Form.

Not studying in Ontario? Search our admission requirements.


Student working on his laptop.

As an AFM student, Varun’s four co-op work terms allowed him to explore diverse areas within the field of accounting. Applying classroom learning to his co-op work helped Varun focus his program to his desired career path… all while being a varsity baseball athlete. Read how Varun can get his CPA designation faster as a Waterloo student than if he were at another school.

Get tips from Waterloo students

Sign up for insider advice that can help you now and in the future.

Monthly topics include how to choose a university program, what it's like to be a Waterloo student, and more.


100%of students receive at least one entrance scholarship

icon of a briefcaseGain 16 months of professional experience with co-op

icon of an arrow pointing up and clickingApply directly to this program on your application


Ready to learn more?

Student Stories

The accelerated pathway to a CPA designation, stunning campus, and co-op were all factors Simran took into consideration when deciding AFM was the right program for her. Learn more about why Simran chose Accounting and Financial Management on our Beyond Ideas website.

Pro qualifications — faster

If you want to enhance your credentials even further with a Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA), or Chartered Business Valuator (CBV) designation, your degree gets you there faster.


Current research

Visit our Waterloo Stories website to learn about research by professors in Accounting and Financial Management at Waterloo

Top-level accreditation

Our School of Accounting and Finance has received the highest level of national accreditation through CPA Canada, as well as accreditation through the CFA Institute University Affiliation Program.