Bachelor of Arts in Financial Mathematics (Co-op)

Application fee: CAD$ 80 + Applying through OUAC 105F Portal charges CAD$ 156 + International Charges CAD$ 10

Academic Requirements: International undergraduate applicants are typically required to have a minimum academic average of 70% or its equivalent in their secondary school studies.

English Language Proficiency:

• IELTS: An overall band score of 6.5, with no individual band score less than 6.
• TOEFL: A minimum score of 83 on the internet-based test (iBT).
• PTE: A minimum score of 59 on the Pearson Test of English.
• DET: A minimum score of 120 on the Duolingo English Test.

Wilfrid Laurier University offers a range of scholarships and financial aid opportunities to support international students in their academic pursuits. These scholarships recognize outstanding academic achievement, leadership qualities, and community involvement. 

International Student Entrance Scholarships: Wilfrid Laurier University offers several entrance scholarships specifically for international students. These scholarships are awarded based on academic excellence and are available for both undergraduate and graduate students. The value of these scholarships varies, with some covering a significant portion of tuition fees.

President's Gold Scholarship of Distinction: This prestigious scholarship is awarded to exceptional incoming international undergraduate students who demonstrate exceptional academic achievement, leadership potential, and community involvement. Recipients of this scholarship receive a renewable award that covers a significant portion of their tuition fees.

International Student Scholarship: The International Student Scholarship is awarded to international undergraduate students who have demonstrated academic excellence and are entering their first year of study at Wilfrid Laurier University. The scholarship amount varies based on the student's academic achievements.

In-Course Scholarships: Wilfrid Laurier University also offers in-course scholarships for international students who have completed at least one year of study at the university. These scholarships are based on academic performance and may be awarded to students who have achieved a certain GPA or have excelled in specific areas of study.

Faculty-specific Scholarships: Some faculties and departments within Wilfrid Laurier University may offer scholarships and awards specific to their respective fields of study. These scholarships may be available to international students based on academic performance, leadership, or other criteria determined by the faculty or department.

External Scholarships and Partnerships: In addition to the university-specific scholarships, international students at Wilfrid Laurier University can also explore external scholarships and funding opportunities. The university has partnerships with various organizations and agencies that offer scholarships to international students, both at the undergraduate and graduate levels.

It is important to note that scholarship eligibility and application processes may vary, and some scholarships may have specific requirements or deadlines. 

Graduates of Wilfrid Laurier University's Bachelor of Arts in Financial Mathematics (Co-op) program possess a unique blend of mathematical, analytical, and financial skills that make them highly sought-after in various sectors of the finance industry. 

Financial Analyst: Graduates can pursue careers as financial analysts, where they use their quantitative skills to analyze financial data, assess investment opportunities, and make recommendations to clients or organizations. They may work for investment banks, asset management firms, or corporate finance departments.

Risk Analyst/Manager: With their expertise in mathematical modeling and risk assessment, graduates can work as risk analysts or risk managers, helping financial institutions and companies identify, quantify, and manage financial risks such as market risk, credit risk, and operational risk.

Actuary: Actuaries use mathematical models to analyze and manage financial risks in insurance and pension industries. Graduates can pursue careers as actuaries, where they assess risk exposure, price insurance products, and develop strategies to ensure the financial stability of insurance companies and pension funds.

Quantitative Analyst (Quant): Quantitative analysts, or quants, develop mathematical models and algorithms to analyze financial markets, price derivatives, and optimize trading strategies. Graduates with strong quantitative skills can excel in this role, working for hedge funds, proprietary trading firms, or investment banks.

Investment Banker: Graduates can pursue careers in investment banking, where they facilitate corporate finance transactions such as mergers and acquisitions, initial public offerings (IPOs), and debt/equity financing. They may work in areas such as corporate finance, mergers and acquisitions (M&A), or capital markets.

Financial Planner/Advisor: Financial planners and advisors help individuals and organizations manage their finances, achieve financial goals, and plan for the future. Graduates with a background in financial mathematics can provide valuable expertise in investment planning, retirement planning, and risk management.

Data Analyst/Quantitative Researcher: In the era of big data, there is a growing demand for professionals who can analyze large datasets and extract actionable insights. Graduates can work as data analysts or quantitative researchers, using statistical methods and data analysis techniques to inform investment decisions and develop trading strategies.

Compliance Officer: Compliance officers ensure that financial institutions comply with regulatory requirements and industry standards. Graduates can work as compliance officers, monitoring regulatory changes, implementing compliance programs, and conducting internal audits to mitigate compliance risks.

Financial Software Developer: Graduates with strong programming skills can pursue careers as financial software developers, designing and developing software applications and algorithms for financial modeling, risk management, and trading systems used by financial institutions and investment firms.

Financial Educator/Trainer: Those passionate about education and training can work as financial educators or trainers, teaching individuals or groups about financial literacy, investment principles, and risk management strategies. They may work for educational institutions, non-profit organizations, or financial services firms.