Universities / University of Waterloo
Bachelor of Mathematics in Mathematical Finance (BMath MF)
Applies advanced mathematics to financial markets, combining corporate finance, quantitative risk management, mathematical analysis and statistical forecasting. Offered jointly by Pure Math and Statistics & Actuarial Science, with a strong co-op option.
What you’ll study
Core
- Algebra for Honours Mathematics
- Calculus 1 (Honours)
- Calculus 2 (Honours)
- Linear Algebra 1
- Introductory computer science
Electives
- Investment Science and Corporate Finance
- Measure Theory
- Forecasting
Source: uwaterloo.ca ↗
Before you apply
- Background
- Ontario high school: six Grade 12 U/M courses incl. Advanced Functions and Calculus and Vectors; individual selection, admission average from mid-80s
- Maths
- Advanced Functions; Calculus and Vectors
- Programming
- Grade 11 U Introduction to Computer Science recommended
- Tests
- Contests (CSMC, Euclid) not required but needed for some scholarships
- English
- 4U English required; test details not stated on page
Source: uwaterloo.ca ↗
After graduation
- Employment
- Over 90% employed within six months of graduation (class year not stated); 86% graduation rate
- Typical first roles
- Quantitative analyst, Financial consultant, Investment banking analyst, Risk analyst, Portfolio manager, Algorithmic trader
Source: uwaterloo.ca ↗
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Course list is partial (sample courses from programme page); full requirements are in the Waterloo academic calendar, not retrievable.
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.