Changes are coming to this website. Learn more ➜

Quantitative Finance - MQF at Waterloo

Program information

Department/School Statistics and Actuarial Science
Faculty Faculty of Mathematics
Admit term(s) Fall (September - December)
Application and document submission deadline(s)

January 15 (for admission in September)

Delivery mode On-campus
Program type Master's, Professional
Length of program 16 months (full-time)
Registration option(s) Full-time
Study option(s) Thesis, Master's Research Paper
Research field(s) - Graduate research fields are used to better define a student’s research concentration

Mathematical and Computational Finance

Statistics and Probability

Watch the How to apply to Waterloo graduate studies video

What does it take to get in?

Minimum admission requirements

  • An overall 80% average from a Canadian University (or its equivalent).
  • A four-year honour's Bachelor's degree (or equivalent) with a strong background in quantitative methods. Such a background may be in mathematics, statistics, actuarial science, computer science, economics, engineering, physics, provided there is a strong component of high level mathematics in the program. Strong communication skills are also highly desirable.
  • An interview and diagnostic test may be required.

Supervisors

Application material

  • Resume
  • Supplementary information form (SIF)
    • The SIF contains questions specific to your program, typically about why you want to enrol and your experience in that field. Review the application documents web page for more information about this requirement
    • If a statement or letter is required by your program, review the writing your personal statement resources for helpful tips and tricks on completion
  • Transcript(s)
  • References
    • Three references are required, at least two academic
  • Proof of English language proficiency, if applicable
    • TOEFL 100 (writing 26, speaking 26), IELTS 7.5 (writing 7.0, speaking 7.0)

How much will it cost?

What can you expect at Waterloo?


This program page is effective September 2023; it will be updated annually.  Any changes to the program page following this date will be indicated with a notation. 

We strive to provide you with the necessary information on each of our program pages.  Was there something you found helpful?  Was there anything missing?  Share your thoughts.