Earn a degree in Financial Analysis or Risk Management from the Faculty of Mathematics - completely online!

Both regular and co-op options are available. 

You'll experience an identical program - the same course, content and degree requirements apply to FARM students online and in the class room. And you'll graduate with a perfect foundation for a career in banking, investment management, or risk management.

Combine courses in mathematics, statistics, and computer science with corporate finance, asset pricing, micro- and macroeconomics and other business-related courses to gain a thorough grounding in Financial Analysis or Risk Management in this exciting new program.

Benefits of FARM Online

With our online program you can:

  • Experience the same rigourous program - the same admissions, courses, content and degree requirements apply to FARM Online students.

  • Maintain your local family and social networks, or employment status. 

  • Save on moving and housing costs, and some ancillary fees. 

  • Avoid the hassle of applying for a visa. 

  • Stay connected and supported with the help of an academic advisor.

  • Participate in Waterloo's world-leading co-operative education program

  • Graduate with a unique Bachelor of Mathematics (BMath) degree from one of the top Mathematics programs in the world. 


Starting in the third year, you’ll choose one of the following specializations:

Financial Analysis

Financial analysts use data and information in a company’s financial statements for valuation, credit risk assessment, management compensation, investment, and other economic decisions.

This program will also help you prepare for the highly desirable Chartered Financial Analyst (CFA) designation, administered by the Chartered Financial Analyst Institute (CFAI).

For more information on this designation, visit the CFAI website.

Risk Management

Risk management is a more quantitative specialization than financial analysis, with a greater emphasis on mathematics coursework.

Many of the business industry’s most sought-after positions require the mathematical and risk management skills that this program combines. The profile of risk managers is higher than ever, and their roles within the corporate structure are varied and interesting. The increasing focus on credit, operational, market and financial risk management means that graduates from this program will have a wide range of opportunities.

This program will help you to prepare for the popular Professional Risk Management (PRM) designation offered through the Professional Risk Managers’ International Association (PRMIA). The PRM is considered to be an indispensable credential for financial risk managers. For more information on this designation, visit the PRIMIA website.

Program requirements

Complete list of course requirements.

Learn more

Please contact the program director/advisor for more information.