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2010-2011

The Undergraduate Calendar

 

 

Mathematics/Business

Mathematics/Chartered Accountancy (co-op only)

Degree Requirements
In conjunction with the common 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 115 Introduction to Computer Science 1
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 116 Introduction to Computer Science 2 or CS 136 Elementary Algorithm Design and Data Abstraction or CS 145 Design, Abstraction, and Implementation
MATH 135 Algebra for Honours Mathematics or MATH 145 Algebra (Advanced Level)
MATH 136 Linear Algebra 1 for Honours Mathematics or MATH 146 Linear Algebra 1 (Advanced Level)
MATH 127 Calculus 1 for the Sciences or MATH 137 Calculus 1 for Honours Mathematics or MATH 147 Calculus 1 (Advanced Level)
MATH 128 Calculus 2 for the Sciences or MATH 138 Calculus 2 for Honours Mathematics or MATH 148 Calculus 2 (Advanced Level)
STAT 230 Probability or STAT 240 Probability (Advanced Level)
STAT 231 Statistics or STAT 241 Statistics (Advanced Level)
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 Introduction to Financial Accounting
AFM 102 Introduction to Managerial Accounting
AFM 131/ARBUS 101 Introduction to Business in North America
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 Calculus 3 for Honours Mathematics or MATH 247 Calculus 3 (Advanced Level)
ACTSC 231 Mathematics of Finance
ACTSC 232 Introduction to Actuarial Mathematics
ACTSC 331 Life Contingencies 1
ACTSC 431 Loss Models 1
STAT 330 Mathematical Statistics
STAT 333 Applied Probability

Four additional courses chosen from any AFM, ECON, MSCI course or any math course (2.0 units).

b) Finance Option

All of

MATH 237 Calculus 3 for Honours Mathematics or MATH 247 Calculus 3 (Advanced Level)
AFM 472 Investments
AFM 476/ACTSC 471 Advanced Corporate Finance
AFM 492 Financial Statement Analysis
AMATH 350 Differential Equations for Business and Economics
STAT 334 Probability Models for Business and Accounting

Two of

ACTSC 445 Asset-Liability Management
ACTSC/STAT 446 Mathematical Models in Finance
CO 250/CM 340 Introduction to Optimization or CO 355 Mathematical Optimization
CO 372 Portfolio Optimization Models
STAT 340 Computer Simulation of Complex Systems

Three additional courses chosen from any AFM, ECON, MSCI course or any math course (1.5 units)

c) Information Systems Management Option

All of

MATH 239 Introduction to Combinatorics or MATH 249 Introduction to Combinatorics (Advanced Level)
CO 250/CM 340 Introduction to Optimization or CO 355 Mathematical Optimization
CS 338 Computer Applications in Business: Databases
CS 432 Business Systems Analysis

Two of

MATH 237 Calculus 3 for Honours Mathematics or MATH 247 Calculus 3 (Advanced Level)
CO 351 Network Flow Theory
CO 370/CM 443 Deterministic OR Models
CO 456 Introduction to Game Theory
CS 430 Applications Software Engineering
STAT 340 Computer Simulation of Complex Systems

One of

MSCI 421 Strategic Management of Technology
MSCI 432 Production and Service Operations Management
MSCI 443 Telecommunication Management

Four additional courses chosen from any AFM, ECON, MSCI course or any math course (2.0 units).

Notes

  1. 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, AFM 272 (cross-listed with ACTSC 291), and AFM 372 (cross-listed with ACTSC 391). Exclusions (if any) from this "Special Major Average" (SMAV) are specified in section 1 under "Faculty Policies."
  2. 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.
  3. 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 Math students) and described in detail in sections 1 through 4 under "Faculty Policies."
  4. There is very little flexibility for altering the academic/work-term sequence prescribed for the Mathematics/Chartered Accountancy plans (see "Study/Work Sequence") 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.
  5. 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.
  6. 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 Accounting and Finance.
  7. Students who have attempted, to the satisfaction of the Standings and Promotions (S&P) 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.)
  8. 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 Standings and Promotions (S&P) 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 Math/CA plan is designed to lead to the University of Waterloo Master in Accounting (MAcc) degree. Students should consult the MAcc website to ascertain specific MAcc admission criteria for Math/CA graduates. In addition to other MAcc admission criteria Math/CA graduates are required to have successfully completed MSCI 211 (Organizational Behaviour) as part of their BMath undergraduate studies.



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