Bachelor of Mathematics in Mathematical Optimization (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 Optimization program at the University of Waterloo possess a unique skill set that is highly valued across a wide range of industries. The Bachelor of Mathematics in Mathematical Optimization program at the University of Waterloo opens up diverse and rewarding career opportunities for graduates in industries such as operations research, finance, data science, supply chain management, consulting, and research. With its emphasis on mathematical rigor, analytical thinking, practical problem-solving skills, and optional co-op experience, the program equips graduates with the skills, knowledge, and experience needed to succeed in today's dynamic and competitive job market.

1. Operations Research Analyst: Graduates can pursue careers as operations research analysts, where they apply optimization techniques to improve business processes, resource allocation, and decision-making. They work in industries such as logistics, transportation, manufacturing, healthcare, and finance, helping organizations optimize their operations and maximize efficiency.

2. Data Scientist: With their strong analytical and programming skills, graduates may work as data scientists, leveraging optimization algorithms to analyze large datasets, extract insights, and make data-driven decisions. They may work for technology companies, financial institutions, consulting firms, or government agencies, tackling complex optimization problems in areas such as supply chain management, revenue optimization, or predictive modeling.

3. Quantitative Analyst (Quant): Graduates may pursue careers as quantitative analysts in the finance industry, where they develop mathematical models and algorithms to optimize trading strategies, manage portfolios, and price financial derivatives. They work for investment banks, hedge funds, asset management firms, or proprietary trading desks, using optimization techniques to generate alpha and manage risk.

4. Software Engineer: Graduates with strong programming skills may work as software engineers, developing optimization software tools, algorithms, and decision support systems for industry or research. They may work for software companies, technology startups, or research institutions, contributing to the development of cutting-edge optimization software and applications.

5. Supply Chain Analyst: Graduates may work as supply chain analysts, optimizing supply chain networks, inventory management systems, and distribution strategies to minimize costs and improve efficiency. They work for retail companies, manufacturing firms, logistics providers, or consulting firms, identifying opportunities for optimization and implementing solutions to enhance supply chain performance.

6. Consultant: Graduates may work as optimization consultants, providing advisory services to organizations seeking to improve their operations, logistics, or decision-making processes. They may work for consulting firms or as independent contractors, analyzing client needs, developing optimization models, and recommending strategies to achieve business objectives.

7. Research Scientist: Graduates may pursue careers in research institutions, government agencies, or academia, conducting research in optimization theory, algorithms, or applications. They may work on interdisciplinary research projects, collaborate with industry partners, or contribute to the development of new optimization methodologies and tools.

8. Project Manager: Graduates with strong leadership and communication skills may work as project managers, overseeing optimization projects, coordinating interdisciplinary teams, and ensuring project goals are met on time and within budget. They may work in industries such as engineering, construction, or information technology, managing projects related to process optimization, infrastructure planning, or software development.

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