Lead the change. Shape the future.
Disruptive technologies are revolutionizing business. To compete, it's not enough to have a foundation in accounting and finance. You also need a broad understanding of technology, business analytics, sustainability, and innovation.
That's why you'll study at the intersections of accounting, finance, and business while immersing yourself in diverse topics that give you the flexibility to design your unique pathway. Dive into collaborative, problem-based courses, then apply your learning to the real world through co-op work terms and co- and extra-curricular experiences. By cultivating an entrepreneurial mindset and leading-edge financial expertise, you'll be ready to positively impact global economies with new perspectives and solutions.
- Pro qualifications — faster. If you want to enhance your credentials with a Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA), or Chartered Business Valuator (CBV) designation, your degree gets you there faster.
- 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.
- Offered as a co-op program only
- Graduate with a Bachelor of Accounting and Financial Management (BAFM)
- Offered by the School of Accounting and Finance, Faculty of Arts
What will you learn?
You'll take mostly AFM courses in first year.
After first year, 70-80% of the classes you'll take will be AFM courses. The number of electives you'll have will depend on the professional designations or specializations you choose.
Learn about courses you'll take for your accounting degree.
Customize your degree
You can add additional areas of expertise to your 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 include Economics, Human Resource Management, and International Studies.
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Contact a student ambassador
Ask an Accounting and Financial Management student about their program, classes, getting involved on campus, and more!
Explore diverse areas within the field of accounting
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.
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.
As an Accounting and Financial Management (AFM) graduate, you'll build an impactful career innovating new business models, advancing social and environmental responsibility, and leading organizations to create positive, long-term change.
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.
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)
- Completion of the AFM Admissions Assessment (AFMAA)
Recommended courses: Principles of Financial Accounting, Mathematics of Data Management
Admission average: Individual selection from the mid-80s
Not studying in Ontario? Search our admission requirements.
How to apply
Apply directly to this program on your application.
Connect with us
Questions about courses, programs, requirements, or careers?
Please email Kelly Millar, our recruitment and admissions coordinator who can answer any questions you have.