Bachelor Of Mathematics - Financial Analysis And Risk Management at University of Waterloo - Program overview

Program overview

Admission Requirements

Intakes

Last updated on 2025-11-18

Program overview

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Program overview

Gain mathematical and analytical skills needed to succeed in finance when you study in the Financial Analysis and Risk Management program at Waterloo. This program is designed to prepare students for a successful career in the financial industry by equipping them with the necessary tools to understand and forecast financial market behavior. With a strong emphasis on statistical and mathematical methods, students will develop a competitive edge in financial analysis and risk management careers. The program is accredited by the Professional Risk Managers’ International Association (PRIMA) and recognized by the Chartered Financial Analyst (CFA) Institute, ensuring that graduates are well-prepared for professional designations.

Program structure

The Bachelor of Mathematics in Financial Analysis and Risk Management program offers a comprehensive curriculum that spans several years, allowing students to build a solid foundation in mathematics, statistics, and computer science, alongside business-related courses. The program structure includes:

Program Length: Typically completed in four years.
Co-op options available, providing students with relevant work experience.
Courses in mathematics, statistics, computer science, corporate finance, micro and macroeconomics.
Customization options through specializations in Chartered Financial Analyst or Professional Risk Management.

Students will alternate between study and co-op work terms, integrating classroom learning with real-world experience. This structure not only enhances academic knowledge but also prepares students for the job market.

Featured Experiences

The Financial Analysis and Risk Management program offers several unique experiences that enhance learning and career readiness:

Co-op Program: Students can participate in co-op work terms, gaining valuable paid work experience and building a professional network.
Professional Accreditation: The program is accredited by PRIMA and recognized by the CFA Institute.
Student Association: The Financial Analysis and Risk Management Students Association (FARMSA) provides resources and networking opportunities.
Hands-on Learning: Students engage in practical applications of their studies through co-op placements in various financial sectors.
Career Exploration: Opportunities to explore different career paths through co-op placements and networking events.

Career Options

Graduates of the Financial Analysis and Risk Management program can pursue a variety of career paths in Canada, including:

Portfolio Management Evaluator: Analyzes investment portfolios to optimize performance and manage risk.
Risk Analyst: Assesses financial risks and develops strategies to mitigate them for organizations.
Data Support Analyst: Provides analytical support and insights based on data analysis for decision-making.
Capital Markets Risk Management Associate: Works with financial institutions to manage risks associated with capital markets.
Business Development Planner: Develops strategies to enhance business growth and market presence in financial services.

These roles highlight the diverse opportunities available to graduates, allowing them to make significant contributions to the financial industry.

DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors.

Visit University of Waterloo official website

Last updated on 2025-11-18

Program overview

Academic Requirements

For the Bachelor of Mathematics - Financial Analysis and Risk Management program at the University of Waterloo, the following Academic Requirements apply:

Minimum GPA: Not explicitly mentioned, but students should aim for strong academic performance.
Transcripts may be required to be evaluated by WES in some cases.
Prerequisite courses include:

English with a minimum grade of 7.5.
Mathematics with a minimum grade of 7.5.

Overall average required: 8.3.

International students, particularly those from Vietnam, must provide the following:

Bàng Tốt Nghiệp Phố Thông Trung Học (Secondary School Graduation Certificate).
Completion of the School of Accounting and Finance Admissions Assessment (SAFAA) online interview (part 1) and trait assessment (part 2) are required.

Students are encouraged to apply as soon as possible to ensure they meet all requirements and deadlines. For any clarification and support, please contact LOA Portal's advisors.

English Language Requirements

English is the language of instruction at the University of Waterloo. Success in our programs requires a high level of English language proficiency.

You need to provide an English language test score if:

your four most recent years of full-time education have NOT been in an English-language school system AND
your first language is NOT English.

Required English Language Scores

Tests that do not appear on this chart are not accepted for admission consideration.

Official test scores must be sent by the testing agency directly to Waterloo's Office of the Registrar. Emails, faxes, and student copies of test scores are not accepted for admission.

Test	Minimum Score	How to Send Test Results
Internet-based TOEFL (iBT), including Home Edition and Paper Edition	90 overall, 25 writing, 25 speaking	Waterloo's institution code is 0996 and our department code is 00. We do not accept electronic TOEFL scores for undergraduate admissions.
IELTS Academic	6.5 overall, 6.5 writing, 6.5 speaking, 6.0 reading, 6.0 listening	We accept the electronic Test Report Form (TRF). Waterloo's e-transfer institution name is University of Waterloo – Undergraduate OR University of Waterloo Admissions.
CAEL or CAEL online	70 overall, 60 per band, 70 writing, 70 speaking	You must log in to your affiliated account and select University of Waterloo as a recipient institution.
PTE Academic	63 overall, 65 writing, 65 speaking	Send your Score Report Code or Registration ID to myapplication@uwaterloo.ca.
Cambridge English test (C1 Advanced or C2 Proficiency)	180 overall, 176 writing, 176 reading, 176 speaking, 176 listening	Go to the Candidate Results Online portal, input your ID and secret number then click on "Send my result."
Duolingo English test	The minimum requirement for tests completed before July 1, 2024 is an overall score of 120, with minimum Literacy and Production scores of 110. Tests completed after July 1, 2024 require an overall of 120 with Literacy and Production scores of 125 for direct entry to a Waterloo program.	Results will not be accepted without subscores. You must log in to your affiliated account and select University of Waterloo – Undergraduate as a recipient institution.
EFAS - English for Academic Success	75% overall in 400 levels, 75% in each of academic, oral, and writing	Your scores will be sent to us automatically by the English Language Institute.

DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors. The listed minimum requirements are a guideline and do not guarantee admission. Do not worry, we will notify you of any changes during the application process.

Not meeting the minimum language requirements?

You may still be able to apply!