Arts Degree Requirements

Eligibility for the degree of Bachelor of Accounting and Financial Management (Co-op) requires:

1. Successful completion of 20 academic course units (40 courses) with an overall cumulative average of at least 60%. A minimum cumulative average of 70% is required in all of the courses identified in section (2) below, and all AFM electives.
2. Successful completion of the following 32 courses:
   • AFM 101, 102, 121, 131, 211, 231, 241, 291, 311, 373, 391, 433
   • one of AFM 202, 203, 204
   • one of AFM 272, 273
   • one of AFM 274, 372
   • one of AFM 411, 412
   • one of AFM 434, 478
   • one of AFM 280; MSCI 211
   • one of AFM 333; ECON 231; PSCI 281 (See Note 3)
   • ECON 101, 102, 344
   • INTST 101
   • MATH 109 (See Note 2)
   • SPCOM 111
   • STAT 211
   • five additional AFM courses at the 300-level or above 
   • one course from the following:
     • one language course from CHINA, CROAT, DUTCH, FR, GER, GRK, ITAL, JAPAN, KOREA, LAT, POLSH, PORT, RUSS, SPAN, or other approved language, or
     • one culture course from EASIA 201R; FR 292; GER 272; ITALST 292; REES 272; SPAN 218. (Students should note that these courses are taught in English, and may not be open to first year students).

Notes:

1. Students interested in qualifying as a Chartered Accountant are required by the governing professional body to take the courses listed under the Public Accounting Specialization below. Students interested in qualifying as a Certified Management Accountant are required by the governing professional body to take the courses listed under the Management Accounting Specialization below. Students interested in becoming a Chartered Financial Analyst are advised to take courses listed under the Finance Specialization below.
2. Students wishing to take AFM 272 and AFM 372 should take MATH 135/136 and 137/138 in lieu of MATH 109, and STAT 230/231 in lieu of STAT 211. Please consult the Undergraduate Officer for assistance before proceeding.
3. In lieu of "one of AFM 333; ECON 231; PSCI 281", an alternate course may count towards this requirement provided the desired course has substantial international content. In this case, however, students must have the prior written approval of the Undergraduate Officer. 
4. Students who have attempted, to the satisfaction of the School of Accounting and Finance, the Department of Co-operative Education and Career Services (CECS), and the Faculty of Arts Examinations and Standings (E&S) Committee, to gain employment for all four available work terms, but are successful in so doing for only three work terms, will be considered for a co-op degree, provided they have received credit for all three of their work terms and all four of their work term reflections, and they have successfully completed all academic graduation requirements.
5. 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 4) may, in exceptional circumstances and at the discretion of the School of Accounting and Finance and the Faculty of Arts Examination and Standings (E&S) Committee, be awarded a Regular Honours Accounting and Financial Management degree.

A schedule outlining the recommended term-by-term sequence of courses is available in the School of Accounting and Finance Office and on the AFM website.

The specialization in public accounting is made up of the following courses: AFM 341, 351, 362, 363, 382, 401, 411, 434, 462, 491.

The specialization in management accounting is made up of the following courses: AFM 341, 352, 362, 363, 382, 411, 434, 481, 491; MSCI 432.

The specialization in finance is made up of the following courses: AFM 322, 323, 412, 424, 425, 478; ECON 201, 202; plus at least two of AFM 321, 422, 423, 473, 477.