Mathematics/Business Administration

It’s a simple equation: math + business = career success

Use your analytical know-how to solve problems in a rapidly changing technology environment. If you want more advanced quantitative and technical skills than are available through traditional business programs, this program is designed for you.

You’ll earn a Bachelor of Mathematics by taking courses from two prestigious institutions: math courses from Waterloo's Faculty of Mathematics and business courses from the School of Business and Economics at nearby Wilfrid Laurier University.

When you graduate, you’ll have all the skills you need for a career as an analyst, information specialist, trader, or many other options, along with paid work experience if you choose to enrol in the co-op stream.

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.

Social and academic support

Party with 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.


A closeup of a student in the math & business administration degree program writing in a notebook

#1First faculty of mathematics in North America

briefcaseAvailable as a co-op and regular 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.

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.

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First-year Mathematics/Business Administration courses

You may select the advanced-stream courses for algebra, calculus, and computer science if you meet the requirements. 

September to December

  • MATH 135 - Algebra for Honours Mathematics
  • MATH 137 - Calculus 1 for Honours Mathematics
  • Choose one of:
    • CS 115 - Introduction to Computer Science
    • CS 135 - Designing Functional Programs
  • One communication skills course
  • One elective

January to April

  • MATH 136 - Linear Algebra 1 for Honours Mathematics
  • MATH 138 - Calculus 2 for Honours Mathematics
  • Choose one of:
    • CS 116 - Introduction to Computer Science 2
    • CS 136 - Algorithm Design and Data Abstraction
  • One communication skills course
  • One elective

Note: You're encouraged to select two courses from AFM 101, ECON 101, ECON 102 and BUS 111W using your first-year electives.

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 a list of all the courses required for your degree.

Sample upper-year courses

CS 341 - Algorithms
STAT 430 – Experimental Design
CS 492 - The Social Implications of Computing
STAT 443 – Forecasting


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math tieOffered by the Faculty of Mathematics

Graduation capEarn a Bachelor of Mathematics in Business Administration


Co-op = relevant paid work experience

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.

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

Sample co-op employers

  • Ontario Ministry of Finance
  • RBC Global Technology Operations
  • Ontario Lottery and Gaming Corporation
  • ATS Automation Tooling Systems Inc
  • CIBC/Canadian Imperial Bank of Commerce
  • CGI Group Inc
  • Deloitte
  • Microsoft Corporation

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

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 

Learn about the future of careers in business.

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