Mathematics/Financial Analysis and Risk Management (FARM)

Daniel Molka

“Waterloo is the greatest school in Canada for Math. My mom is a Waterloo Math graduate, so it’s always been ingrained in me, at least since grade school, that I would apply to Waterloo. And during my first tour of campus, I loved the environment and knew it was the right place for me.”

What is Financial Analysis and Risk Management (FARM)?

The world of finance requires professionals with strong mathematical and analytical skills. You’ll hone them both in this challenging program — one of just a handful across the country recognized by the CFA Institute and the Professional Risk Managers' International Association (PRMIA).

You’ll be ready to deliver, whether you choose to pursue a career in financial analysis or risk management. Combine courses in mathematics, statistics, and computer science with corporate finance, micro and macroeconomics, and other business-related courses, and you’ll be prepared for your Chartered Financial Analyst (CFA) or Professional Risk Manager (PRM) designation.


  • Available as a co-op and regular program
  • There are 40 courses for this degree
  • Dedicated Living Learning Community for first-year students
  • Graduate with a Bachelor of Mathematics, major in Mathematics/Financial Analysis and Risk Management
  • Specializations in Chartered Financial Analyst or Professional Risk Management

First-year courses

  • MATH 135/145 - Classical Algebra
  • MATH 137/147 - Calculus 1
  • CS 115/135/145 - Computer Science
  • COMM 101 - Introduction to Financial Markets
  • A communications course

See full courses in our undergraduate calendar.

Upper-year courses

  • ACTSC 231 - Introductory Financial Mathematics
  • ACTSC 372 - Investment Science and Corporate Finance
  • CS 330 - Management Information Systems
  • MATHBUS 470 - Derivatives
  • STAT 333 - Stochastic Processes 1
 

Professional designation(s)

What is a professional designation? It's a professional approval by an employer or organization that a person can demonstrate particular standards of excellence in their field of work.

  • Graduates from Mathematics/Financial Analysis and Risk Management can pursue:
    • The Chartered Financial Analyst (CFA) designation.
    • The Professional Risk Management (PRM) designation. 

Student stories

Meet Daniel

When Daniel isn’t focusing on schoolwork, he enjoys getting involved in a few different extracurriculars that the University of Waterloo has to offer. He has participated in the FARM Student Association as its IT Analyst, he's a Math Ambassador at open houses, and he loves dancing in the Mambo Club.

Meet Tracie

Tracie hails from China and has enjoyed co-op terms both in Canada and at home. She has worked with notable companies including CGI Group Inc. and Tesla working in resource management, research and development and recruitment. She's currently working towards earning her Financial Risk Manager (FRM) designation. 

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How to apply

Apply directly to Mathematics/Financial Analysis and Risk Management for admissions consideration.

Find out more information on the steps to apply

 

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