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2020-2021

The Undergraduate Calendar

 

 

Mathematics/Business

Mathematics/Financial Analysis and Risk Management

Degree Requirements

Legend

*CS 476 may require additional courses as prerequisites.


Students in this plan must fulfil all the requirements in Table I and Table II and the following specific requirements:

One of

MATH 237 Calculus 3 for Honours Mathematics
MATH 247 Calculus 3 (Advanced Level)

All of

ACTSC 231 Introductory Financial Mathematics
ACTSC 371 Introduction to Investments
ACTSC 372 Corporate Finance
AMATH 350 Differential Equations for Business and Economics
CS 330 Management Information Systems
STAT 334 Probability Models for Business and Accounting or (STAT 330 Mathematical Statistics and STAT 333 Applied Probability)
STAT 371 Applied Linear Models and Process Improvement for Business

One of

ACTSC 446 Mathematics of Financial Markets
MATBUS 470 Derivatives

One of

CO 250 Introduction to Optimization
CO 255 Introduction to Optimization (Advanced Level)

One of

CS 335 Computational Methods in Business and Finance
CS 476 Numeric Computation for Financial Modeling*

All of

AFM 101 Introduction to Financial Accounting
AFM 102 Introduction to Managerial Accounting
AFM 131 Introduction to Business in North America
COMM 101 Introduction to Financial Markets
COMM 231
Commercial and Business Law for Mathematics Students
ECON 101 Introduction to Microeconomics
ECON 102 Introduction to Macroeconomics

One additional 300- or 400-level math course.

All of the courses required for one of the two specialization choices below.

Chartered Financial Analyst Specialization

All of

CO 372 Portfolio Optimization Models
MATBUS 471 Fixed Income Securities

All of

ARBUS 302/MGMT 244 Principles of Marketing
COMM 321 Intermediate Accounting for Finance
COMM 421 Financial Statement Analysis
COMM 433 Income Tax for Finance Students

One of

ECON 206 Money and Banking 1
ECON 207 Economic Growth and Development 1
ECON 290 Models of Choice in Competitive Markets

One of

HRM 200 Basic Human Resources Management
MSCI 211 Organizational Behaviour
PSYCH 238 Organizational Psychology

Professional Risk Management Specialization

One of

ACTSC 445 Quantitative Enterprise Risk Management
MATBUS 472 Risk Management

All of

AMATH 331/PMATH 331 Applied Real Analysis
CO 372 Portfolio Optimization Models
CS 338 Computer Applications in Business: Databases
MATBUS 471 Fixed Income Securities

One of

STAT 340 Stochastic Simulation Methods
STAT 341 Computational Statistics and Data Analysis

One additional course (0.50 unit) labelled BUS, COMM, ECON, HRM, or MSCI.

Two additional non-math courses (1.0 unit).

Milestones

Students receive $1,000,000 CAD in a virtual brokerage account and they use this cash during their study to manage a portfolio which includes stocks, bonds, options, futures, currencies, and other securities from over 55 exchanges in over 30 countries. Students will be required to trade various securities, engage in various trading strategies, and portfolio allocation strategies. Each milestone comes with explicit deliverables that students must submit electronically and meet to receive credit.

The four academic milestones must be completed at or before specified times:

  • The first milestone cannot be completed before eight months from the date of their first trade has elapsed.
  • The last milestone must be completed in the student’s final 4B term, not less than two months prior to the end of the term.
  • No milestone can be submitted within six months of the most recent milestone submission date.

Notes

  1. Any Financial Analysis and Risk Management (FARM) student who meets all the course requirements for one of the two specializations, but who does not meet the special major average (SMAV) requirements, will be eligible to graduate in the Mathematics/Business Administration plan, either regular or co-op, as appropriate.
  2. BUS courses are offered by Wilfrid Laurier University. See the Laurier Calendar for course details.

 


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