Mathematics/Financial Analysis and Risk Management

Crunch numbers. Calculate odds. Create career success.

The world of finance requires professionals with strong mathematical and analytical skills. You’ll hone them both in this challenging program — one of just a handful across the country recognized by the CFA Institute.

Whether you choose to specialize in Chartered Financial Analyst or Professional Risk Management, you’ll study a mix of mathematics, finance, accounting, and economics — giving you the perfect foundation for a career in banking, investment management, or risk management.

Meanwhile, if you opt for the co-op program, you’ll also have two years of paid work experience on your résumé. Or you can complete this degree online.

#1First faculty of mathematics in North America

briefcaseAvailable as a co-op, regular, and online program

globeWaterloo is an international leader in mathematics


Admission requirements

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

  • Advanced Functions
  • Calculus and Vectors
  • Any Grade 12 U English
  • One other 4U course
  • Grade 11 Introduction to Computer Science is recommended

Admission averages: Individual selection from the high 80s

Complete the Admission Information Form once you've applied.

Not studying in Ontario? Search our admission requirements.


We strongly encourage you to participate in the Canadian Senior Mathematics Contest and/or the Euclid Mathematics Contest to enhance your admissions status. As well, to be considered for entrance scholarships in the Faculty of Mathematics, you must write one or both of the contests. If you complete both, we'll use your higher grade.

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Many of the business industry’s most sought-after positions require the mathematical and risk management skills that this program combines.

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Ask them questions such as why they chose their program, what the classes are like, and how you can get involved on campus.


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Graduation capEarn a Bachelor of Mathematics


Ready to learn more?

Social and academic support

Through the Financial Analysis and Risk Management Students Association (FARMSA), you’ll find the knowledge, tools, and networks you need to thrive within the financial services industry.

Earn a CFA or PRM

When you graduate, you'll be prepared to write the Chartered Financial Analyst (CFA) exams or to pursue other professional designations, such as Professional Risk Manager (PRM) or Fellow of the Canadian Securities Institute.