Bachelor Of Mathematics - Financial Analysis And Risk Management (Co-op) 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 implementing statistical and mathematical methods to understand and forecast financial market behavior. With a strong emphasis on co-op work terms, students can build their professional networks and gain valuable experience that opens doors for their future careers. The program is accredited by the Professional Risk Managers’ International Association (PRIMA) and recognized by the Chartered Financial Analyst (CFA) Institute, providing a competitive edge in the field of financial analysis and risk management.

Program structure

The Bachelor of Mathematics in Financial Analysis and Risk Management is a comprehensive program that spans four years. The program is structured to provide a blend of theoretical knowledge and practical experience through co-op opportunities. Key features of the program structure include:

Program Length: 4 years
Co-op options available, allowing students to gain relevant work experience
Integration of classroom learning with real-world experience through alternating study and work terms
Flexibility to customize the degree with specializations in Chartered Financial Analyst or Professional Risk Management

Students will engage in a variety of courses that cover mathematics, statistics, computer science, and business-related subjects, ensuring a well-rounded education that prepares them for professional designations.

Featured Experiences

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

Co-op work terms that provide relevant paid work experience and help students build a professional network.
Access to the Financial Analysis and Risk Management Students Association (FARMSA) for social and academic support.
Opportunities to participate in competitions such as Hack the North, fostering collaboration and innovation.
Engagement with various student-led initiatives promoting diversity and inclusion in mathematics and computer science.
Hands-on experience through internships and co-op placements in reputable financial institutions.

Career Options

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

Portfolio Management Evaluator: Analyze investment portfolios and provide recommendations to optimize returns.
Risk Analyst: Assess and manage financial risks for organizations, ensuring compliance with regulations.
Data Support Analyst: Utilize data analysis skills to support decision-making processes in financial institutions.
Business Development Planner: Develop strategies to enhance business growth and profitability in financial services.
Treasury Manager: Oversee an organization’s cash flow and financial investments, ensuring liquidity and financial stability.

These roles highlight the diverse opportunities available to graduates, equipping them with the skills needed to thrive in the competitive financial sector.

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

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Last updated on 2025-11-18

Program overview

Academic Requirements

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

Minimum GPA: Not specified.
Transcripts may be required to be evaluated by WES in some cases.
Prerequisite courses:
- English and Mathematics with a minimum grade of 7.5 in each.
Overall average of 8.3 is required.

For international students, particularly those from Vietnam, the following general requirements must be met:

Bàng Tốt Nghiệp Phố Thông Trung Học (Secondary School Graduation Certificate).

It is important to apply as soon as possible to ensure your application is considered. 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!