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2021-2022

The Undergraduate Calendar

 

 

Mathematics/Business

Mathematics/Chartered Professional Accountancy (co-op only)

Degree Requirements

Students in this plan must fulfil all the requirements in Table 1. This must include at least 19 math courses and the following specific requirements:

One of

CS 115 Introduction to Computer Science 1
CS 135 Designing Functional Programs
CS 145 Designing Functional Programs (Advanced Level)

One of

CS 116 Introduction to Computer Science 2
CS 136 Elementary Algorithm Design and Data Abstraction
CS 146 Elementary Algorithm Design and Data Abstraction (Advanced Level)

One of

MATH 127 Calculus 1 for the Sciences
MATH 137 Calculus 1 for Honours Mathematics
MATH 147 Calculus 1 (Advanced Level)

One of

MATH 128 Calculus 2 for the Sciences
MATH 138 Calculus 2 for Honours Mathematics
MATH 148 Calculus 2 (Advanced Level)

One of

MATH 135 Algebra for Honours Mathematics
MATH 145 Algebra (Advanced Level)

One of

MATH 136 Linear Algebra 1 for Honours Mathematics
MATH 146 Linear Algebra 1 (Advanced Level)

One of

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

One of

STAT 230 Probability
STAT 240 Probability (Advanced Level)

One of

STAT 231 Statistics
STAT 241 Statistics (Advanced Level)

All of

AFM 272/ACTSC 291 Global Capital Markets
AFM 275/ACTSC 391 Corporate Finance
AFM 476/ACTSC 471 Corporate Financial Decision Making
STAT 373 Regression and Forecasting Methods in Finance

One of

AFM 335 Business Law for Financial Managers
COMM 231 Commercial and Business Law for Mathematics Students

All of

AFM 111 Professional Pathways and Problem-solving
AFM 182 Foundations for Management Accounting
AFM 191 Foundations for Financial Reporting
AFM 206 Introduction to Tax and AFM 208 Introduction to Assurance (0.25 unit each)
AFM 212 Financial Analysis and Planning
AFM 291 Intermediate Financial Accounting 1
AFM 311 Connections to Ethical Context
AFM 321 Personal Financial Planning
AFM 341 Accounting Information Systems
AFM 362 Corporate Taxation
AFM 382 Cost Management Systems
AFM 391 Intermediate Financial Accounting 2
AFM 433 Business Strategy
AFM 451 Audit Strategy
AFM 462 Specialized Topics in Taxation
AFM 482 Performance Measurement and Organization Control
AFM 491 Advanced Financial Accounting
COMM 103/ECON 100 Principles of Economics or (ECON 101 Introduction to Microeconomics and ECON 102 Introduction to Macroeconomics)
SPCOM 111 Leadership, Communication, and Collaboration

Six additional math courses (3.0 units).

Two additional AFM, COMM, ECON, MSCI, or math course (1.0 unit).

Notes

  1. AFM 462, AFM 482, AFM 491 may be substituted with an acceptable 300-/400-level AFM elective, with the understanding that any such substitution would forfeit Master of Accounting (MAcc) admission eligibility and will impact the path to a Chartered Professional Accountancy (CPA) designation pursued through CPA Ontario.
  2. There is very little flexibility for altering the study/work-term sequence prescribed for the Mathematics/Chartered Professional Accountancy plan (see Co-op Regulations) 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 CPA academic advisor.
  3. The order in which required non-math courses in this plan are taken is very important, and there is little room for flexibility (for the same reasons in Note 1 above). During course registration each term, students should be sure to consult with their academic advisor.
  4. 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.
  5. Students who have attempted, to the satisfaction of the Standings and Promotions (S&P) Committee and Co-operative Education, 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.
  6. 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 5) may, in exceptional circumstances and at the discretion of the S&P Committee, be awarded a regular Honours Mathematics/Chartered Professional Accountancy degree.
  7. In order to meet the requirements of both the Faculty of Mathematics and the School of Accounting and Finance, the Mathematics/CPA plan requires the successful completion of 41 courses.

Tuition

This is a high-fee plan. As such, tuition higher than the normal University of Waterloo tuition is required.

Eligibility for Waterloo's Master of Accounting (MAcc)

The Mathematics/CPA 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 Mathematics/CPA graduates.


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