Bachelor of Mathematics in Mathematics/ Chartered Professional Accounting (Co-op)

Waterloo

 

INTAKE: September

Program Overview

The Bachelor of Mathematics in Mathematics/Chartered Professional Accounting program at the University of Waterloo offers students a comprehensive education that integrates mathematical theory with practical accounting skills. Graduates are well-prepared for successful careers as professional accountants, equipped with the knowledge, skills, and professional designation required to excel in the accounting profession.

Curriculum:

  1. Interdisciplinary Curriculum: The Bachelor of Mathematics in Mathematics/Chartered Professional Accounting program offers an integrated curriculum that combines rigorous mathematical training with specialized accounting courses. This interdisciplinary approach provides students with a strong foundation in both mathematics and accounting principles.

  2. Core Mathematics Courses: Students in this program take core mathematics courses covering areas such as calculus, linear algebra, discrete mathematics, probability, and statistics. These courses equip students with analytical thinking skills, problem-solving abilities, and a solid mathematical foundation essential for success in accounting and finance.

  3. Specialized Accounting Courses: In addition to mathematics courses, students also study specialized accounting topics, including financial accounting, managerial accounting, taxation, audit, and assurance. These courses provide students with a comprehensive understanding of accounting principles, standards, and practices necessary for a career in accounting.

  4. Preparation for Professional Designation: The program is designed to prepare students for the Chartered Professional Accountant (CPA) designation, a globally recognized professional credential in accounting. Students acquire the knowledge and skills required to excel in the CPA Professional Education Program (PEP) and successfully complete the CPA Common Final Examination (CFE).

  5. Co-operative Education (Co-op) Program: The program offers students the opportunity to gain practical work experience through co-op work terms with accounting firms, corporations, government agencies, or non-profit organizations. Co-op placements provide students with valuable hands-on experience, exposure to real-world accounting practices, and networking opportunities with professionals in the field.

  6. Integration of Theory and Practice: The program emphasizes the integration of theoretical concepts with practical applications in accounting. Students apply mathematical techniques to analyze financial data, perform financial modeling, and make informed business decisions. They develop critical thinking skills and learn how to apply accounting principles in diverse business settings.

  7. Advanced Elective Courses: Students have the flexibility to choose advanced elective courses based on their interests and career goals. They can select from a variety of elective courses in mathematics, accounting, finance, or related fields to tailor their education to suit their individual interests and aspirations.

  8. Professional Development: The program provides students with opportunities for professional development, including networking events, career workshops, and seminars led by industry professionals. Students receive guidance on resume writing, interview skills, job search strategies, and career planning to enhance their employability and prepare for successful careers in accounting.

  9. Global Perspective: The program encourages students to develop a global perspective by offering international exchange programs, study abroad opportunities, or research collaborations with international partners. Exposure to diverse cultural and business environments enhances students' global awareness, cross-cultural communication skills, and adaptability, preparing them for careers in the global marketplace.

  10. Graduate Pathways: Upon completion of the program, graduates may pursue various career pathways in accounting, finance, consulting, auditing, taxation, or corporate finance. They may also choose to pursue further education, such as graduate studies in accounting, finance, or business administration, to advance their careers and expand their opportunities in the field.

Pollster Education

Location

Waterloo

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

CAD 45000

Application Fees : CAD$ 304.25

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 Mathematics/Chartered Professional Accounting (Co-op) program at the University of Waterloo have diverse career prospects in public accounting, corporate finance, government, non-profit organizations, financial analysis, consulting, entrepreneurship, and business ownership. With their strong analytical skills, technical expertise, and professional designation as Chartered Professional Accountants (CPA), they are well-equipped to succeed in dynamic and rewarding careers in accounting and finance.

  1. Chartered Professional Accountant (CPA): Graduates of the program are well-positioned to pursue a career as a Chartered Professional Accountant (CPA). With their strong foundation in mathematics and specialized training in accounting, they can pursue roles in public accounting firms, private corporations, government agencies, or non-profit organizations. CPAs are responsible for financial reporting, auditing, taxation, and advisory services.

  2. Public Accounting: Many graduates choose to start their careers in public accounting firms, such as the "Big Four" firms (PwC, Deloitte, KPMG, EY) or mid-sized accounting firms. They may work as audit associates, tax associates, or advisory consultants, gaining exposure to diverse industries, clients, and business environments. Public accountants provide audit, tax, and consulting services to clients, helping them meet regulatory requirements, optimize tax strategies, and improve financial performance.

  3. Corporate Accounting: Graduates can pursue opportunities in corporate accounting departments of various industries, including finance, technology, manufacturing, healthcare, and retail. They may work as staff accountants, financial analysts, or controllers, managing financial operations, preparing financial statements, analyzing budgets, and providing financial insights to support business decision-making. Corporate accountants play a crucial role in managing the financial health and sustainability of organizations.

  4. Government and Non-profit Organizations: Graduates may explore career opportunities in government agencies, regulatory bodies, or non-profit organizations. They may work in roles such as government auditors, tax analysts, or financial managers, ensuring compliance with tax laws, financial regulations, and reporting standards. They may also work in non-profit organizations, managing budgets, grants, and financial resources to support social initiatives and community development projects.

  5. Financial Analysis and Advisory: Graduates with a strong quantitative background can pursue careers in financial analysis, investment banking, or corporate finance. They may work as financial analysts, investment bankers, or financial advisors, analyzing financial data, conducting valuation analysis, and providing investment recommendations to clients or organizations. Financial analysts play a crucial role in evaluating investment opportunities, mergers and acquisitions, and strategic business decisions.

  6. Consulting: Graduates with a combination of mathematical and accounting skills can pursue careers in management consulting or advisory services. They may work for consulting firms or advisory practices, assisting clients with business strategy, process improvement, risk management, and performance optimization. Consultants provide strategic advice, conduct analysis, and develop solutions to address complex business challenges and opportunities.

  7. Entrepreneurship and Business Ownership: Some graduates may choose to start their own businesses or pursue entrepreneurial ventures in accounting, finance, or related fields. With their knowledge of accounting principles, financial management, and business acumen, they can launch startups, consulting firms, or accounting practices, offering accounting services, tax planning, or financial advisory services to clients.

  8. Career Progression and Advancement: Graduates of the program have opportunities for career progression and advancement as they gain experience and acquire additional certifications, such as Certified Management Accountant (CMA), Certified Internal Auditor (CIA), or Certified Fraud Examiner (CFE). They may advance to roles such as senior accountant, finance manager, internal auditor, or chief financial officer (CFO), leading finance and accounting teams, and shaping organizational strategy and direction.


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