What is the acceptance rate for Waterloo Mathematics/Financial Analysis and Risk Management (Regular/Co-op)?

Waterloo Mathematics/Financial Analysis and Risk Management (Regular/Co-op)

University of Waterloo

The published admission average for Mathematics/Financial Analysis and Risk Management (Regular/Co-op) at University of Waterloo is 83–87% for September 2027 entry, under OUAC code WMF. This program also requires a supplementary application.

You study mathematics, statistics, and finance together to understand how to measure and manage financial risk in banks, investment firms, and insurance companies. Unlike a straight business degree, this program emphasizes the quantitative and mathematical tools that financial professionals actually use to model markets and predict uncertainty. The co-op option lets you work in the industry while you study. This program suits people who are comfortable with advanced math and want to apply it to real-world financial problems.

Plain-English summary. The universities publish requirements but not an explanation of the program, so this one is written for you and checked against the official listing above. Read the university’s own page before you decide.

Admission average

83–87%

OUAC code

WMF

First-year spaces

153

University of Waterloo publishes this as “Mid 80s”

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Supplementary application requiredCo-op available

What’s the Waterloo Mathematics/Financial Analysis and Risk Management (Regular/Co-op) acceptance rate?

University of Waterloo doesn't publish an acceptance rate for Mathematics/Financial Analysis and Risk Management (Regular/Co-op), and no Ontario university publishes one for any program. What it publishes is the admission average: 83–87% for September 2027 entry. Waterloo acceptance rate, program by program

Admission requirements

Required: ENG4U, MCV4U, MHF4U

Waterloo’s own wording

Any Grade 12 U English
Advanced Functions
Calculus and Vectors
One other Grade 12 U course

+ 2 additional 4U/M courses
+ Recommended: ICS3U
+ See Ontario high school course codes.

How many other programs require these outright:

Also required

An Admission Information Form is required. We will send you instructions when we acknowledge your application.
You are strongly encouraged to write the Euclid Mathematics Contest and the Canadian Senior Mathematics Competition.
Individual selection may vary.

What it costs

First-year tuition at Waterloo is $6,250 for an Ontario student in arts and science in 2026–27. Engineering ($14,248) and Computer Science and Data Science ($13,126) cost more. Waterloo tuition, program by program

Source: University of Waterloo on Ontario Universities’ Info. Grade ranges change year to year and are not guarantees — confirm with the university before you apply.

What this leads to

The picture for business studies as of 2026-08-17, not a description of this particular program.

Graduates work in roles like finance analyst, operations manager, HR manager, and marketing manager in banks, consulting firms, tech companies, and government. Some go into business analysis, project coordination, and management accounting—jobs tracking money and operations inside organizations.

In its favour

Broad degree that employers understand and hire for across many sectors—finance, tech, government, healthcare, retail
Entry to middle management is possible without a second degree if you pick a real specialization (like project management or financial analysis)
Once you find a stable role, salaries grow steadily: median business graduate earnings are around $72,000 nationally, with experienced managers reaching $130,000+

Worth knowing

Entry-level job market is saturated and shrinking—business and marketing job postings dropped 30-40% in 2026, and you're competing against thousands of other graduates
Starting salary is low: new grads average around $52,000 in Ontario, and many spend months applying to dozens of jobs before landing anything
AI is already automating administrative and routine work that typically employs new graduates—data entry, scheduling, basic analysis—and the field hasn't created new roles fast enough to replace them
You'll need either specific technical skills (data analysis, coding, project management) or an MBA later to reach the better-paying roles, which means more education or career stalling

How AI is changing this work

AI is automating routine administrative tasks and basic analysis that entry-level business roles used to do, which is why job postings have dropped sharply. However, roles that combine decision-making, leadership, and technology (like project manager or business strategist) are more insulated because AI works alongside humans rather than replacing them. If you graduate in 2027 and can move quickly into data analysis, operations, or project management—or build real technical skills—you'll be fine. If you drift into generic administrative work, you're exposed. The degree doesn't change this split; your early choices do.

Where this came from (6 sources)

Deadline reminders

This program needs a supplementary application, and those close before the January OUAC deadline — some in early December. We’ll email you before the ones that apply to Mathematics/Financial Analysis and Risk Management (Regular/Co-op).

We send your email address and the programs you’ve starred, so the reminders are the right ones. Your marks and your average are never sent — they stay in this browser. Deadline emails only, a week before and the day before each date, and every one has a link to stop them.

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