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.
$34,000 to $81,000 in potential co-op earnings
Your direct route to a CPA, CFA, and/or CBV
Earn a Bachelor of Accounting and Financial Management (BAFM)
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.
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First-year courses and beyond
September to December
January to April
After first year
70-80% of the classes you'll take will be Accounting and Financial Management courses. The number of electives you'll have will depend on the professional designations (i.e. CPA, CFA) or specializations (e.g. entrepreneurship, data analytics) you choose.
View the full list of courses required for your degree.
Sample upper-year courses
Customize your bachelor's degree in accounting
You can add additional areas of expertise to your Bachelor of Accounting and Financial Management degree by including one or more of the areas of focus within the program.
- Data Analytics
You can also include one of the minors available to all Waterloo students. Popular areas of focus for AFM students include Economics, Human Resource Management, and International Studies.
Co-op = relevant paid work experience
By alternating school terms and paid co-op work terms, you can explore new career areas and employers as your interests evolve.
Sample co-op job titles
- Fixed income analyst
- Finance officer trainee
- Junior financial analyst
- Business analyst
- Auditor trainee
- IT finance assistant
- Staff accountant/analyst
- Accounting assistant
Sample co-op employers
- Deloitte LLP
- RBC Financial Group
- Home Trust Company
- Manulife Financial
- Molson Coors Canada
- Nestle Purina Petcare
What can you do with a degree in accounting and financial management?
If you complete both the AFM and the eighth-month Master of Accounting (MAcc) programs, you don’t need to take the two-year CPA Professional Education Program. Instead, you can proceed directly to the CPA Final Exam (CFE) as soon as you graduate.
Our graduates often pursue careers in finance, accountancy, consulting, and auditing to kickstart their careers. As AFM grads progress through their careers, they commonly work in consulting, finance, and accounting in banks, business advisory firms, insurance companies, and more.
- Senior accountant – KPMG
- Financial consultant – Investors Group
- Senior auditor – Royal Bank Financial Group
- Program manager – Sun Life Financial
- Accountant – Manulife Financial
- Banking analyst – Euro Pacific Canada
Learn about the future of careers in business.
of students receive at least one entrance scholarship
Gain 16 months of professional experience with co-op
Apply directly to this program on your application
Ready to learn more?
- Visit the School of Accounting and Financial Management website
- Email Kelly Millar, recruitment and admissions coordinator, who can answer any questions about the program
- Subscribe to our newsletter to get tips and advice from current students
- Related programs
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.
Visit our Waterloo Stories website to learn about research by professors in Accounting and Financial Management at Waterloo
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.