Finance programs comparison chart

Keys

Admission Information Form (AIF)
ASA
Bachelor of Computing and Financial Management (BCFM)
CERA
Chartered Financial Analyst (CFA)
Computing and Financial Management (CFM)
Computer Science (CS)
FSA
Mathematics (MATH)

Mathematics Electives (MTHEL)
Mathematics/Financial Analysis and Risk Management (Math/FARM)
MQF
Ontario Universities' Application Centre (OUAC)
Professional Risk Manager (PRM)
WCF
WM
WM

	Math/FARM	CFM	Actuarial Science - Finance Option	Mathematical Finance
Direct entry in first year?	Yes	Yes	No - second year entry. Apply to Mathematics.	No - second year entry. Apply to Mathematics.
OUAC application	WMF	WCF	WM	WM
System of study	Co-op and regular	Co-op only	Co-op and regular	Co-op and regular
Number of academic terms	Eight	Eight	Eight	Eight
Number of co-op work terms	Six	Six	Six	Six
Number of courses	40	40	40	40
Number of electives	Four (CFA), five (PRM)	Four	Seven	Eight
Year 1 courses - common	Calculus I + Calculus II + Algebra + Linear Algebra I + two CS courses.			Replace Calculus I and II with Advanced Calculus (MATH 147 and 148).
Year 1 courses - other	Accounting Business Economics	Accounting Business/Finance Economics	Accounting MTHEL 131	Economics Accounting Electives
Upper-year courses	Statistics Finance Accounting	Finance Accounting Computer Science	Statistics Actuarial Science Finance	Statistics Actuarial Science Pure Mathematics
Designation paths available	CFA, PRM	CFA	ASA, CERA, FSA	CFA
Number of first year spots	130	40	Not available.	Not available.
Degree earned	BMath	BCFM	BMath	BMath
Post-graduate options	MBA, MQF, MMath, PhD			MQG, MMath, PhD
Required courses for admission	12 U English 12 U Advanced Functions 12 U Calculus & Vectors One other 12 U course	12 U English (minimum 75%) 12 U Advanced Functions 12 U Calculus & Vectors One other 12 U course	Not available - use the courses listed for Math/FARM when appliyng to Math (WM).	Not available - use the courses listed for Math/FARM when applying to Math (WM).
First-year admission average range	From the high-80s.	Individual selections from the high 80s.	Not available (Mathematics - from the mid-80s).	Not available (Mathematics - from the mid-80s).
Other first-year requirements	AIF	AIF	N/A	N/A
To proceed to second-year	75% overall average (of 10 courses taken).	75% overall average, with strength in MATH, CS, and Accounting/Business/Economics courses. Must be currently enrolled in a co-op program.	70% overall average, at least 10 courses, no failures.	70% overall average, at least 10 courses, no failures (midterm in MATH 247 or credit in MATH 147 or 148).
Examples of careers that this program leads to	Financial analyst, quantitative analyst, pricing analyst, internal auditor, market risk manager, asset/liability manager, and credit risk manager.	Business analyst, financial/quantitative analyst, financial advisory consultant, quantitative software developer, and software engineer.	Actuarial analyst, associate vice president, account executive, and assistant trader.	Business analyst, senior associate, senior valuation analyst, senior business analyst, senior research officer, Scotia's trading rotation, actuarial program, financial engineering, financial statistics, computational finance, and economics.
Focus of work	CFA: uses data and information in a company’s financial statements for investment, valuation, management compensation and other economic decisions. PRM: focuses on credit, operational, market, and financial risk management.	With interdisciplinary knowledge and expertise in computer science and finance, graduates can become future leaders in the information technology and finance industries.	Addresses the uncertainties associated with life insurance, property and casualty insurance, annuities, and pension or other employee benefit plans.	The program is designed to provide a strong background for future graduate work in finance.
Home department/ school	Mathematics, Business and Accounting programs group	School of Accounting and Finance/Cheriton School of Computer Science	Department of Statistics & Actuarial Science	Statistics & Actuarial Science and Pure Mathematics departments
Total length of program	Co-op: Four-two/third years Regular: Three-two/third years	Four-two/third years	Co-op: Four-two/third years Regular: Three-two/third years	Co-op: Four-two/third years years Regular: Three-two/third years