In conjunction with the commmon degree requirements in Table I in "Degree Requirements," this plan requires at least 18 math courses and includes all of the following courses:
One of
CS 125 Introduction to Programming Principles or CS 133 Developing Programming Principles or CS 135 Designing Functional Programs
CS 230 Introduction to Computers and Computer Systems
CS 234 Data Types and Structures
CS 241 Foundations of Sequential Programs
All of
CS 134 Principles of Computer Science or CS 136 Elementary Algorithm Design and Data Abstraction
MATH 135 (or MATH 145) Algebra
MATH 136 (or MATH 146) Linear Algebra 1
MATH 137 (or MATH 147) Calculus 1
MATH 138 (or MATH 148) Calculus 2
STAT 230 (or STAT 240) Probability
STAT 231 (or STAT 241) Statistics
AFM 272/ACTSC 291 Mathematical Managerial Finance 1
AFM 372/ACTSC 391 Mathematical Managerial Finance 2
CS 330 Management Information Systems
STAT 373 Regression and Forecasting Models in Finance
All of
AFM 101 Core Concepts of Accounting Information
AFM 102 Introduction to Managerial Accounting
AFM 131 Management
AFM 201 Introduction to Professional Practice
AFM 231 Business Law or MTHEL 100 Commercial and Business Law for Mathematics Students
AFM 291 Intermediate Financial Accounting 1
AFM 331 Business Strategy
AFM 361 Taxation 1
AFM 391 Intermediate Financial Accounting 2
AFM 401 Accounting Theory
AFM 431 Professional Ethics for Financial Managers
AFM 451 Audit Strategy
AFM 461 Taxation 2
AFM 481 Cost Management Systems
AFM 491 Advanced Financial Accounting
ECON 101 Introduction to Microeconomics
ECON 102 Introduction to Macroeconomics
ENGL 210F Genres of Business Communication
SPCOM 223 Public Speaking
All of the courses for one of the Option choices (a) to (c) below.
a) Actuarial Science Option
All of
MATH 237 (or MATH 247) Calculus 3
ACTSC 231 Mathematics of Finance
ACTSC 232 Introduction to Actuarial Mathematics
ACTSC 331 Life Contingencies 1
ACTSC 431 Loss Models
STAT 330 Mathematical Statistics
STAT 333 Applied Probability
Four additional courses chosen from any AFM, ECON, MSCI course or any math course.
b) Finance Option
All of
MATH 237 (or MATH 247) Calculus 3
AFM 472 Investments
AFM 476/ACTSC 471 Advanced Corporate Finance
AFM 492 Financial Statement Analysis
STAT 333 Applied Probability
Three of
ACTSC 445 Asset-Liability Management
ACTSC/STAT 446 Mathematical Models in Finance
CO 350 Linear Optimization or CO 355 Mathematical Optimization
CO 372 Portfolio Optimization
CS 437/STAT 340 Computer Simulation of Complex Systems
Three additional courses chosen from any AFM, ECON, MSCI course or any math course.
c) Information Systems Management Option
All of
MATH 239 (or MATH 249) Introduction to Combinatorics
CO 350 Linear Optimization or CO 355 Mathematical Optimization
CS 338 Computer Applications in Business: Databases
CS 432 Business Systems Analysis
Two of
MATH 237 (or MATH 247) Calculus 3
CO 351 Network Flow Theory
CO 370/CM 443 Deterministic OR Models
CS 430 Applications Software Engineering
CS 437/STAT 340 Computer Simulation of Complex Systems
One of
MSCI 421 Strategic Management of Technology and Innovation
MSCI 432 Production and Operations Management
MSCI 443 Telecommunication Management
Four additional courses chosen from any AFM, ECON, MSCI course or any math course.
Notes
- To graduate with an Honours BMath/Chartered Accountancy (any Option) degree, students must achieve a cumulative average of at least 70% based upon all the required non-math courses that are common to all the Options. Exclusions (if any) from this "Special Major Average" (SMAV) are specified in section 1 under Faculty Policies.
- To remain eligible to continue in any Mathematics/Chartered Accountancy plan, students must normally have a SMAV (see preceding Note 1) of at least 70%. This criterion will apply beginning at the end of a student's 1B term and each term thereafter through to graduation.
- The average requirements for required non-math courses in Notes 1 and 2 above are in addition to the cumulative overall average (CAV) and major average (MAV) requirements specified in Table I in "Degree Requirements" (which includes the degree requirements common to all BMath Honours plans) and described in detail in sections 1 through 4 under "Faculty Policies."
- There is very little flexibility for altering the academic/work-term sequence prescribed for the Mathematics/Chartered Accountancy plans (see the co-op "Study/Work Sequence" section) because of limited term offerings and structured prerequisites for most AFM courses. Since deviations from this sequence can cause a delay in graduation of as much as one calendar year, alterations should not be considered without careful consultation with the appropriate faculty advisor.
- The order in which required non-math courses in these plans are taken is very important, and there is little room for flexibility (for the same reasons in Note 4 above). During the class enrolment period each term, students should be sure to consult with the appropriate faculty advisor.
- Students may not repeat an AFM course in which they have obtained a grade of 60% or higher. AFM courses completed with a grade in the range 50 - 59% may be repeated, but only once, and then only with approval from the School of Accountancy.
- Students who have attempted, to the satisfaction of the Mathematics Faculty Standings and Promotions Committee and the Department of Co-operative Education and Career Services, to gain employment for all four available work terms, but are successful in so doing for only three work terms, will be eligible for a Co-op degree, provided they have received credit for all three of their work terms and all three of their work reports, and they have successfully completed all academic graduation requirements. (Students who are successful in gaining acceptable employment for four work terms will be required to have credit for all four work terms and all four work reports in order to qualify for a Co-op degree.)
- Students who meet all the academic graduation requirements for this plan, but who do not meet the minimum requirements for a Co-op degree (see preceding Note 7) may, in exceptional circumstances and at the discretion of the Mathematics Faculty Standings and Promotions Committee, be awarded a Regular Honours BMath/Chartered Accountancy degree with the appropriate Option.
Tuition
This is a cost-recovery plan as defined by the Ministry of Education and Training. As such, tuition higher than the normal University of Waterloo tuition is required.
Eligibility for UW's Master of Accounting (MAcc) Academic Plan
The School of Accountancy in the Faculty of Arts offers a Master of Accounting (MAcc) degree. This eight-month graduate plan is taken in consecutive Winter and Spring terms immediately following completion of the 4B Fall undergraduate study term. Math/CA graduates who also satisfy the additional requirements 1. through 3. below are eligible to enrol for MAcc studies:
- MAcc candidates are required to have satisfied all Graduate Office entry requirements for Masters-level programs at the University of Waterloo, most notably having achieved a minimum average of 75% over their last two years of full-time undergraduate study.
- MAcc candidates are normally required to have attained a minimum average of 75% in a prescribed set of senior-level AFM courses (to be specified by the School of Accountancy prior to when such courses are scheduled to be taken). At the time this calendar was printed, the prescribed set of courses consisted of AFM 401 (Accounting Theory), AFM 451 (Audit Strategy), 461 (Taxation), 481 (Cost Management Systems), and 491 (Advanced Financial Accounting).
- MAcc candidates are required to have successfully completed MSCI 211 (Organizational Behaviour) as part of their BMath undergraduate studies.
Note: The averages required of MAcc candidates above include all attempts at the relevant courses, whether passed, failed, or repeated.
Students who successfully complete their MAcc studies are currently exempt from all additional professional educational requirements set by the Institute of Chartered Accountants of Ontario (ICAO) and may write the nation-wide Uniform Evaluation (UFE) at the first opportunity following graduation, normally in September immediately following August completion of their MAcc studies.
Math/CA graduates who do not pursue MAcc studies, but still wish to qualify to write the UFE, will first need to take some additional Accounting courses following completion of their BMath studies, either through the University of Waterloo's Post-Degree Accounting Diploma program (currently scheduled to be available in the Winter term immediately following the 4B Fall term) or at another university. Such students will also have to satisfy the various additional professional certification requirements of the ICAO from which MAcc graduates are currently exempt.