Mathematics/Business Administration degree
It's a simple equation: math + business = career success.
The value of a degree that combines business and mathematics? Incalculable.
Accounting, inventory management, marketing, financial analysis, and business forecasting. Today’s corporate world depends on big thinkers who not only understand the business world, but also have the mathematical and analytical skills to dig into data and build complex, technical solutions.
Take math courses from Waterloo's world-class Faculty of Mathematics, and business courses from the highly respected School of Business and Economics at nearby Wilfrid Laurier University.
You’ll learn how to use business principles to understand the corporate world and the mathematics needed to back up decisions that help propel companies to success. Stand out from your competition in the global business marketplace with your advanced quantitative and technical skills.
Your personal business plan starts here.
What courses will you take in Mathematics/Business Administration?
First-year courses
During your first year, you'll take a mix of foundational courses in Mathematics, Computer Science, and communications.
In your upper years, you'll take courses in statistics, finance, and computer science. You'll also explore classes in business and economics.
After first year
In upper years, you'll take courses in statistics, finance, and computer science in combination with business and economics courses. With your remaining classes, you can choose electives from many of the 100 subject areas at Waterloo.
View all the courses required for your degree.
Sample upper-year courses
CS 330 – Management Information Systems
MATBUS 371 – Introduction to Corporate Finance
STAT 372 – Survey Sampling and Experimental Design Techniques for Business
Customize your degree
You can add additional areas of expertise to your degree by including one or more of the minors available to all Waterloo students.
Once you're a student, advisors can help you explore which minors or specializations may fit into your plans.
Faculty:
Faculty of Mathematics
Degree:
Bachelor of Mathematics in Mathematics/Business Administration
Available as a co-op program?
Yes
Available as a regular program?
Yes
Available as a minor?
No
Social and academic support. Meet your Pink Tie profs. Test your limits in a 24-hour games marathon. Make professional contacts at speed networking events. Waterloo’s Mathematics Society organizes all kinds of academic and social activities throughout the year.
Two years of work experience. Gain 20 months of paid work experience through our co-op program, the largest of its kind in North America, or fast track your degree by choosing the regular system of study.
Co-op = relevant paid work experience
In the world's leading co-op program, you'll explore potential careers, learn to interview for jobs, graduate with up to two years of valuable experience — and make money!
Sample co-op job titles
- Portfolio analyst intern
- Business systems analyst
- Consultant
- Data analyst
- Marketing/business development
- Project management officer
- Software developer
- Technical finance analyst
Co-op work-study sequence
Starting in second year, you'll normally alternate between school and work every four months, integrating your classroom learning with real-world experience. You can return to the same employer for a couple of work terms to gain greater knowledge and responsibility or work for different employers to get a broad range of experience.
Your first work term will be after first year (May to August 2027).
| Year | September to December (Fall) | January to April (Winter) | May to August (Spring) |
|---|---|---|---|
| First | Study | Study | Co-op |
| Second | Study | Co-op | Study |
| Third | Co-op | Study | Co-op |
| Fourth | Study | Co-op | Study |
| Fifth | Co-op | Study | - |
or halfway through second year (which can be January to April 2028).
| Year | September to December (Fall) | January to April (Winter) | May to August (Spring) |
|---|---|---|---|
| First | Study | Study | Off |
| Second | Study | Co-op | Study |
| Third | Co-op | Study | Co-op |
| Fourth | Study | Co-op | Study |
| Fifth | Co-op | Co-op | Study |
There are options where you can have your first work term in the spring term after first year and your second work term after second year, or in the fall term halfway through your second year.
What can you do with a math and business administration degree?
Waterloo Mathematics/Business Administration graduates often pursue careers in analysis, trading, accountancy, and more. They commonly work for consulting companies, government ministries, and accounting organizations.
Recent graduates
- Senior Consultant – Deloitte
- Business Analyst – Manulife Financial
- Sales Analyst – EF Education First
- Revenue Analyst – Challenger Motor Freight
- Government, Risk, and Compliance Solution Specialist – Iceberg Networks
- Investor Relations Specialist – Citco
- Investment Analyst – Sun Life Financial
Read about how Marcelo used his Mathematics degree to build a billion dollar business.
Learn about the future of careers in business.
Helping you succeed – with a 90% employment rate
Waterloo is known for a rigorous and high-quality education – which helps Waterloo Math students be highly successful.
- Graduation rate of 86% compared to 79% for similar programs across Ontario.
- Over 90% are employed within six months of graduation!
- Waterloo students are 4X more likely to do an internship, co-op, field experience, or clinical placement in their first year than first-year students at other Ontario universities.
(Sources: Key performance indicators - University of Waterloo 2024, National Survey of Student Engagement 2023)



MathSoc
Math Society (MathSoc) is run by students for students and provides a wide range of clubs, services, and social and academic events to make your experience as a Waterloo math student the best it can be.
Campus-wide activities
There are tons of opportunities to get involved within the Faculty of Mathematics as well as campus-wide clubs, sports and recreation, and an incredible range of events!
Women in Mathematics
The Women in Mathematics (WiM) strives for all genders to be well-represented in mathematics and welcomes people with under-represented gender identities.
Women in Computer Science
Women in Computer Science (WiCS) offers events such as the Big CSters mentoring program, workshops, a speaker series, and panels about diversity in computer science and STEM.
Women in Science, Technology, Engineering, and Mathematics (WiSTEM)
WiSTEM is a student-run club that welcomes all students (regardless of gender) to promote equality in STEM through workshops, discussions, homework help, and guest speakers.
Hack the North
As Waterloo Computer Science student, you’ll have the opportunity to participate in competitions such as Hack the North. This hack-a-thon is the largest in Canada and hosted annually at Waterloo.
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 mid-80s
We strongly encourage you to participate in the Canadian Senior Mathematics Contest and/or the Euclid Mathematics Contest to enhance your admissions status.
To be considered for entrance scholarships in the Faculty of Mathematics, you must write one or both of the contests. If you complete both contests, we'll use the results of the contest in which you performed best.
Not studying in Ontario? Search our admission requirements.
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Questions about courses, programs, requirements, or careers?
Please contact our Faculty of Mathematics recruitment team who can answer any questions you have.