Mathematics/Chartered Professional Accountancy (Math/CPA)

Alex greets a guest at an Open House

What is Mathematics/Chartered Professional Accountancy (Math/CPA)?

Accountants are increasingly dependent on computer technology, statistical procedures for auditing and forecasting, and mathematical techniques, such as operations research. It is no accident that math and accounting fit so nicely together. At University of Waterloo, Math/CPA students take their love for working with numbers and problem solving, and apply them to the specialized field of accounting.

The accounting program in the Faculty of Mathematics is unique because nowhere else in Canada is it possible to obtain the necessary background to become a professional accountant while you obtain mathematical, computer, and statistical skills through a Bachelor of Mathematics (BMath) degree. Offered only on a co-op basis, our program places emphasis on workplace experience, helping you prepare for a career as a CPA.

Why choose Math/CPA at Waterloo?

Real-world experience

Earn real-world experience through Waterloo’s internationally recognized co-op program. You’ll put your knowledge to work during 4 co-op work terms, gaining valuable industry experience and networking opportunities. Time spent during your co-op work term (up to 16 months) may be counted toward the 30 months of work experience required for your CPA designation.

Skills that stand out

Develop strong quantitative skills while pursuing your CPA designation. Now more than ever, employers in the areas of accounting, business, and finance are seeking individuals with a strong mathematical background. Math/CPA is the only accounting program in Canada leading to a Bachelor of Mathematics (BMath) degree. 

Get the competitive edge by combining courses in accounting, business, and finance with complementary courses in mathematics, statistics, actuarial science, and computer science from our globally respected Faculty of Mathematics.

The Waterloo Accounting Advantage 

Our School of Accounting and Finance (SAF) is nationally accredited by CPA Canada. Once you’ve graduated from Math/CPA with a Bachelor of Mathematics (BMath), spend just 8 months completing your Master of Accountancy (MAcc) degree and you’ll be ready to write the Common Final Examination!

Meet Alex

Alex LeeAlex is heavily involved in extracurriculars within the Faculty of Mathematics. He serves as the executive director of the Math Endowment Fund, he welcomes students as an orientation leader in the fall, he is a math ambassador, and finally, he is the president of MathSoc. Make sure you look for Alex on campus! He’d love to chat with you about anything Math.

“The co-op experience was one of the main reasons for my decision to choose Math/CPA at the University of Waterloo. Plus, choosing Math/CPA enabled me to join a tight-knit community, where everyone in the program helps each other out!”

Your first year

All first-year students take a common selection of math courses called core courses. Normally in the fall term, students take:

*Note: For suggested electives and more information please visit our course selection page.

Potential co-op and career opportunities

Potential co-op opportunities
Sample titles Sample employers
  • Student in Accounts
  • Tax Co-op Associate
  • Junior Student in Accounts
  • Senior Student in Accounts
  • Business Analyst
  • Ernst & Young LLP
  • PricewaterhouseCoopers LLP
  • BDO Dunwoody LLP
  • Klasner & Solomon Chartered Accountants LLP
  • TD Bank Financial Group
Potential career opportunities
  • Accountant, Munich Reinsurance Company of Canada
  • Banking Analyst, J.P. Morgan
  • Senior Credit Risk Analyst, CIBC
  • Internal Auditor, Treasury Board Secretariat
  • Consulting Analyst, Accenture 
  • Business Analyst, Deloitte
  • Quantitative Trader, Northstar Trading