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.
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. 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.
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
Waterloo's co-op program, the largest in North America, is an amazing way to 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 2026).
| 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 2027).
| 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.
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.
Get tips from Waterloo students
Join our monthly newsletter for tips such as choosing a university program, life at Waterloo, and finances.
Contact a student ambassador
Ask a Faculty of Mathematics student about their program, classes, getting involved on campus, and more!
Connect with us
Questions about courses, programs, requirements, or careers?
Please contact Evan Chang, our Faculty of Mathematics recruitment coordinator who can answer any questions you have.