Bachelor of Mathematics in Mathematical Economics (Optional Co-op)

Application Fees : CAD$ 251

Undergraduate Entry Requirements:

1. Academic Achievement: International students applying for undergraduate programs at the University of Waterloo are expected to have a minimum academic achievement of 80% or above in their secondary school studies.  

2. English Language Proficiency: The accepted English language tests and their minimum score requirements are as follows:

   • IELTS: Overall score of 6.5 with no band less than 6.5 in writing, 6.0 in reading, 6.0 in listening, and 6.5 in speaking.
   • TOEFL: Minimum score of 90 on the Internet-based Test (iBT).
   • PTE: Minimum score of 63.
   • DET (Duolingo English Test): Minimum score of 120.

It is important to note that meeting the minimum entry requirements does not guarantee admission to the University of Waterloo. The university receives a large number of applications and admission decisions are based on a holistic assessment of various factors, including academic performance, test scores, personal statements, and letters of recommendation.

The University of Waterloo offers several scholarships and financial aid options to support international students in their academic journey. These scholarships recognize academic excellence, leadership potential, and contributions to the community. 

1. International Master's Award of Excellence: This scholarship is available to international students entering a research-based master's program. It provides funding of up to $2,500 per term for a maximum of five terms.

2. Ontario Graduate Scholarship (OGS): The OGS is a merit-based scholarship available to domestic and international students pursuing a graduate degree at the University of Waterloo. The scholarship provides funding of up to $15,000 per year for a maximum of two or three years, depending on the program.

3. President's Scholarship of Distinction: This prestigious scholarship is awarded to top international students entering an undergraduate program at the University of Waterloo. The scholarship covers full tuition for up to four years of study.

4. International Student Entrance Scholarships: These scholarships are available to high-achieving international students applying for undergraduate programs. The value of the scholarships varies and is renewable for up to four years, based on academic performance.

5. Faculty-specific Scholarships: Various faculties at the University of Waterloo offer scholarships specifically for international students. These scholarships are based on academic achievement, leadership potential, and involvement in extracurricular activities within the respective faculty.

6. Donor-funded Scholarships: The university receives generous contributions from donors, which are used to establish scholarships for international students. These scholarships may have specific eligibility criteria and application processes.

It is important to note that the availability, eligibility criteria, and application deadlines for scholarships may vary. To apply for scholarships, international students are typically required to submit an application for admission to the university. Some scholarships may have additional application requirements, such as essays or reference letters. It is important to care.

Graduates of the Bachelor of Mathematics in Mathematical Economics program at the University of Waterloo are highly sought after for their strong analytical skills, mathematical proficiency, and deep understanding of economic principles. The Bachelor of Mathematics in Mathematical Economics program at the University of Waterloo provides graduates with a strong foundation in mathematics, economics, and quantitative analysis, preparing them for diverse and rewarding career opportunities in finance, consulting, government, research, academia, and entrepreneurship. With its emphasis on analytical rigor, practical experience, and optional co-op opportunities, the program equips graduates with the skills, knowledge, and versatility needed to succeed in today's dynamic and competitive job market.

1. Financial Analyst: Graduates may pursue careers as financial analysts, working for banks, investment firms, or financial institutions. They analyze financial data, evaluate investment opportunities, assess risk, and make recommendations to clients or senior management. With their quantitative skills and economic knowledge, graduates can excel in roles such as investment analyst, portfolio manager, or risk analyst.

2. Data Analyst/Quantitative Analyst: Graduates may work as data analysts or quantitative analysts, using mathematical and statistical techniques to analyze large datasets and extract meaningful insights. They may work in industries such as finance, insurance, market research, or consulting, helping organizations make data-driven decisions, develop predictive models, or optimize business processes.

3. Economic Consultant: Graduates may pursue careers as economic consultants, providing analytical support and expertise to businesses, government agencies, or non-profit organizations. They may conduct economic impact studies, cost-benefit analyses, or market assessments, helping clients understand the economic implications of policy decisions, regulatory changes, or business strategies.

4. Policy Analyst: Graduates may work as policy analysts for government agencies, think tanks, or research institutes, analyzing economic trends, evaluating public policies, and providing recommendations to policymakers. They may specialize in areas such as fiscal policy, monetary policy, healthcare policy, or environmental policy, helping governments formulate effective policy responses to social and economic challenges.

5. Researcher/Academic: Graduates may pursue careers in research or academia, conducting theoretical or applied research in economics, mathematics, or related fields. They may work for universities, research institutes, or government agencies, exploring topics such as economic theory, game theory, industrial organization, or econometrics, and publishing their findings in academic journals or policy reports.

6. Business Analyst/Strategist: Graduates may work as business analysts or strategists, helping companies identify market opportunities, develop competitive strategies, and optimize business performance. They may analyze industry trends, conduct market research, and develop financial models to support business decision-making and strategic planning initiatives.

7. Actuarial Analyst: Graduates with a strong background in mathematics and statistics may pursue careers as actuarial analysts, working for insurance companies, pension funds, or consulting firms. They may assess and price insurance risks, develop financial models to forecast future liabilities, and ensure compliance with regulatory requirements in areas such as insurance, pensions, or investments.

8. Entrepreneur: Graduates with entrepreneurial aspirations may start their own businesses or join startups, leveraging their analytical skills and economic knowledge to identify market opportunities, develop innovative products or services, and build successful ventures in sectors such as fintech, data analytics, or economic consulting.

9. Further Education: Graduates may choose to pursue further education through graduate studies in economics, mathematics, finance, or related disciplines. They may enroll in master's or doctoral programs to deepen their knowledge, specialize in a particular area of interest, or pursue academic or research-oriented careers in academia, industry, or government.