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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.
Many of the business industry’s most sought-after positions require the mathematical and risk management skills that this program combines.
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.
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.
First faculty of mathematics in North America
Waterloo is an international leader in mathematics
Ontario students: six Grade 12 U and/or M courses including
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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You may also select advanced courses in algebra, calculus, and computer science if you meet the requirements.
You're encouraged to select two courses from AFM 101, ECON 101, ECON 102 and BUS 111W using your first-year electives.
You'll take a variety of upper-year courses in statistics, finance, business, and accounting. With your remaining classes, you can choose electives from many of the 100 subject areas at Waterloo.
In your third year, you'll be able to choose the Chartered Financial Analyst Specialization or Professional Risk Management Specialization.
You can add additional areas of expertise to your degree by including one or more of the minors available to all Waterloo students.
CS 341 – Algorithms
STAT 430 – Experimental Design
CS 492 – The Social Implications of Computing
STAT 443 – Forecasting
Apply directly to this program on your application
Offered by the Faculty of Mathematics
Earn a Bachelor of Mathematics
By alternating school terms and paid co-op work terms throughout your degree, you can explore new career areas and types of employers as your career interests evolve.
Our graduates often pursue careers in risk analysis, consulting, business development, and related areas. They often work for insurance companies and financial institutions.
Learn about the future of careers in business.
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