Students in this academic plan must fulfil all the requirements in Table 1, Table 2, 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 372 Investment Science and Corporate Finance
- AFM 101 Introduction to Financial Accounting
- AFM 102 Introduction to Managerial Accounting
- AFM 131 Introduction to Business in North America
- AMATH 350 Differential Equations for Business and Economics
- COMM 101 Introduction to Financial Markets
-
COMM 231 Commercial and Business Law for Mathematics Students
- CS 330 Management Information Systems
- ECON 101 Introduction to Microeconomics
- ECON 102 Introduction to Macroeconomics
- STAT 334 Probability Models for Business and Accounting or (STAT 330 Mathematical Statistics and STAT 333 Stochastic Processes 1)
- STAT 371 Applied Linear Models and Process Improvement for Business
- One of
- 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
- Two additional 300- or 400-level math courses
- All of the courses required for one of the two specialization choices below
Chartered Financial Analyst Specialization
- All of
- 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
Professional Risk Management Specialization
- All of
- One of
- One of
- STAT 340 Stochastic Simulation Methods
- STAT 341 Computational Statistics and Data Analysis
- One additional course (0.50 unit) from BUS, COMM, ECON, HRM, or MSCI subject codes
- 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
- CS 476 may require additional courses as prerequisites.
- 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 Honours Mathematics/Business Administration academic plan, either regular or co-op, as appropriate.
- BUS courses are offered by Wilfrid Laurier University. See the Laurier Calendar for course details.
- Students may study FARM either through the on-campus or the online mode of delivery. Students must obtain the approval of the program director (or their designate) for changes to mode of delivery.
- Online students must consult with the program director (or their designate) in their first study term to establish their co-op sequence and related processes. Additionally, non-Canadian co-op students studying via the online mode of delivery may be further restricted in the geographic locations in which they are able to secure employment than students studying on campus. All co-op students have a responsibility to ensure they are limiting their co-op job searches to geographic locations where they are legally eligible to work.