Customize Your Pathway
Get ready to lead change and shape the future by customizing your AFM pathway. Choose your Career Specialization(s), test out Co-op Employment, and engage in Co/Extra-Curricular activities in Years 3 + 4 to accumulate the knowledge and skills you’ll need.
You must select at least one Career Specialization, however, you can take two in order to truly customize your experience. If you decide to pursue one, you can use your remaining electives to mix and match from other fields of study at uWaterloo that interest you.
Here is how it works:
You have 13 elective courses that you need to take in AFM. Specialization consist of either 5 or 6 courses. Some courses can be applied to meet the requirements for more than one Specialization. The aim isn’t to determine how to do one or two specializations using the least number of electives though. Your goal should be to use your electives to focus on the area(s) of society that you want to impact, and then use your electives to customize your pathway so that you can gain the knowledge and skills to launch your career.
Step 1: Choose a primary Career Specialization. The primary Specializations will often be Professional Accountant or Financial Markets, and sometimes Entrepreneurial Mindset or Sustainability.
Step 2: Consider using remaining electives to combine your primary Career Specialization with a second one in order to develop breath of expertise or to connect your accounting/finance/business analysis competencies with study in another field of study at uWaterloo.
Step 3: Consider exploring co-op and co/extra-curricular activities related to your academic choices to test out ideas, build your network and launch your career.
Professional Accountant Career Specialization
Build on core studies in accounting and explore financial reporting, assurance, taxation, cost management, and performance management at a more advanced level. This specialization fulfills the CPA prerequisite education requirements.
Entrepreneurial Mindset Career Specialization
Develop an understanding of opportunity identification and evaluation. Explore strategy, business planning and execution, customer experience design, marketing, sales, and leadership - all from a new venture perspective. An entrepreneurial mindset is tremendously valuable for those working at large organizations, scale-ups or start-ups.
Financial Leadership Career Specialization
The Financial Leadership Specialization is designed to develop leadership expertise and competencies in AFM students beyond degree required courses. Students will be exposed to a broad variety of topics in finance and will gain skills in negotiation and leadership, while also being exposed to sustainability concepts in a business setting.
Financial Markets Career Specialization
This Specialization allows students to build their own pathway, with the objective of launching their career in the financial services sector. Students develop an understanding of capital markets and financial institutions, securities valuation, and corporate/personal financial advising. The specialization includes courses which cover the CFA body of knowledge.
Business Analytics Career Specialization
This Specialization explores the powerful analytical tools to describe situations, spot opportunities and solve problems. Dive into descriptive, predictive, and prescriptive analytics to learn how to manage, forecast, test, and optimize data in decision/policy-making.
Sustainability Career Specialization
Build a foundation in environmental issues and how they affect industries and business decision- and policy-making. Dig deeper into capital markets, government policy, or corporate sustainability to better our world and businesses.
Minors and Studying Abroad
Minors are not a common component of an AFM degree as most require eight courses (0.5 credits each) to complete, and AFM students are required to use either 5 or 6 elective courses to pursue a Career Specialization. Students can use their remaining electives to pursue a complete a second Career Specialization instead of a Minor. The SAF advisor can help you figure out if a minor is a possible addition to your degree.
Studying abroad is an option in 4A and will need to be planned for in advance to allow students to meet the one Specialization requirement. More information can be found on the University of Waterloo's website.