Waterloo's Accounting and Financial Management program will prepare you for a successful career in finance, business, and public practice. In preparation for this exciting career, students need to think succinctly, write persuasively, and speak confidently.
ALL applicants must write the AFMAA.
What is the AFMAA?
The Accounting and Financial Management Admissions Assignment (AFMAA), is a two-hour assessment, and beginning January 2014, will be written ONLINE. The goal of the AFMAA is to assist the School in the identification of students who will be successful in the AFM program. We are looking for academically strong students who will excel in both the classroom and the workplace.
The AFMAA focuses on:
- Written Communication
The ability to read and comprehend, to write well, to make appropriate word choices, to correctly apply grammar rules, to use appropriate sentence structure, to organize and express ideas clearly, and to develop and support the main idea of the written piece, and
- Critical/Analytical skills and Creative Thinking/Judgment skills
The ability to think analytically and creatively, form an opinion and support it, and to solve problems.
What is the format?
The AFMAA is a two-question assignment that will require a formal essay style response for each question. In order to write the AFMAA, you will be required to submit a payment of $50 CDN (non-refundable) prior to accessing the AFMAA questions.
Questions may be scenario-based requiring a student to form, defend, or refute an opinion in a concise and meaningful way.
The 2014 AFMAA schedule:
Applicants can choose from one of the following dates to complete the AFMAA. You will have 30 minutes from the start the scheduled time listed to access the AFMAA questions. Some of the times listed may be one day later due to time zone adjustments.
- January 18, 2014 @ 12:00pm EDT
- January 19, 2014 @ 8:00am EDT
- February 15, 2014 @ 1:00pm EDT
- February 16, 2014 @ 9:00am EDT
- March 1, 2014 @ 9:00pm EDT
- March 2, 2014 @ 6:00pm EDT
- March 22, 2014 @ 1:00pm EDT
- March 23, 2014 @ 10:00am EDT
- April 5, 2014 @ 9:00pm EDT Reserved Writing Date
- April 6, 2014 @ 6:00pm EDT Reserved Writing Date
The AFMAA is a timed written assignment. Once you have accessed the AFMAA questions, you will have 2 hours to complete and submit your answers.
To find out the time of the AFMAA writing for your specific time zone/country use: Time Zone Converter
Offers of Admission:
The AFM Admissions Committee requires that your AIF and AFMAA must be original work written and submitted by the applicant.
- All transcripts and application documents will be verified for authenticity.
- If evidence of misrepresentation or fraudulent or falsified documentation (transcripts, English Language Requirement, Admission Information Form, Accounting and Financial Management Admission Assignement) is found, the penalty is severe. The University of Waterloo reserves the right to revoke any Offer of Admission and/or financial support.
- The University of Waterloo may disclose evidence of any misrepresentation or fraudulent or falsified documentation to all Canadian universities, to Citizenship and Immigration Canada, and to law-enforcement personnel when appropriate.
Admission consideration will be given those applicants who minimally meet the AFM admission requirements
Admission to the AFM program will be based on 3 factors:
- your academic record,
- your performance in the AFMAA,
- your score for the Admission Information Form (AIF)
Admission decisions will be begin late January and continue through to May.
Tips & Pointers:
- The AFMAA Deadlines document will tell you when you need to get your AIF and AFMAA payment completed before writing the AFMAA.
- AFM admission decisions will be begin late January and continue through to May.
- Decisions for early Offers of Admission may be made for those applicants who write the AFMAA on Jan. 18th, 19th, Feb. 15th and 16th.
- Applicants who choose to write the AFMAA on any of the remaining designated dates will be considered on a continual basis as marks become available to the University of Waterloo.
- You cannot study for the AFMAA, but you can draw on your experiences from your school work, extra-curricular activities, or employment experience.
- The AFMAA will require that you utilize your critical and creative thinking skills, problem solving skills, and decision-making skills.
- Be sure to submit any additional documentation (ie. English Language Requirement, transcripts) required by the Registrar's Office by April 11, 2014. You will be notified via email if additional documentation is required.