Bachelor of Accounting & Financial Management

Admission Requirements

Quick Link: Application Information and Deadlines I Admissions Video

In addition to the course requirements listed below, applicants to the AFM program (that have been determined eligible) must write the Accounting and Financial Management Admissions Assignment (AFMAA) in order to be considered for admission into the program.

This program is structured to meet the needs of students coming directly from a secondary school system. Therefore, this program is not open to students who already possess an undergraduate degree, regardless of subject or major. If you already have an undergraduate degree, there are other graduate programs available through the School of Accounting and Finance that you may be interested in:

Ontario High School System Requirements:

  • Minimum low to mid-80s overall average:
    • 4U English (minimum 75%)
    • Grade 12U Advanced Functions
    • Grade 12U Advanced Calculus and Vectors
    • Three additional 4U or 4M courses
    • Accounting and Financial Management Assignment (AFMAA)
    • Admission Information Form (AIF)

Applicants who are not attending an Ontario secondary school or pursuing the OSSD must present equivalent academic courses or background.


Out-of-Province System Requirements:

  • Minimum low to mid-80s overall average:
    • Grade 12 English with a final grade average of at least 75%
    • Complete high school diploma
    • Grade 12 Advanced Functions (or Finite)
    • Grade 12 Calculus
    • Accounting and Financial Management Admissions Assignment (AFMAA)
    • Admission Information Form (AIF)

Admission requirements will vary based upon your academic background and method of study before applying to AFM.To learn more about specific AFM admission requirements based on your previous studies, see Admission Requirements for other Applicants, below.

 

English Proficiency Test:

You ARE required to provide an English proficiency test score if:

  • Your first language is not English AND
  • Your 4 most recent years of full-time education have NOT been in an English-language school system.

Click here for English Language Requirements.


Admission Requirements for other Applicants:


If you are a University or College transfer student, please click on the corresponding name for more information.

International student applicants must have Permanent Residency or Canadian citizenship to be eligible to apply to the Accounting and Financial Management – Public Accounting (WPA) co-op work option. Otherwise, international student applicants must only apply to the Accounting and Financial Management – Financial Management (WFM) co-op work option.

  • Required:
    • minimum high-80s average
    • high school diploma with 6 academic (university preparation level) subjects, including:
      • 2 English 603 or 604 with final grade of at least 75%
      • Linear Algebra
      • Calculus 1

Note: Our Canadian course equivalencies page can determine if the CEGEP courses you are taking equate to the required courses Ontario students take.

Please ensure that your interim grades are at the University of Waterloo by March 7, 2012 and that we receive your final grades as soon as they are available.

  • Required:
    • minimum GPA of 3.7 ( A-)
    • high school diploma with prerequisite courses completed at the AP level and/or grade 12 senior academic level with a final overall grade 12 average of 85%
    • English with final grade of at least 80%
    • AP Calculus and Algebra (Pre Calculus)
    • SAT I or ACT results:
      • Minimum SAT 1 combined with Math and Critical Reading score, all faculties: normally 1100. Writing component: Evaluated individually.
  • Recommended:
    • Data Management
    • Accounting
    • Required:
      • GCSE or equivalent with passes in at least 5 subjects, 2 must be at the Advanced level, including:
        • Higher Level English A1 with a minimum grade of 4 or Standard Level English A1 with a minimum grade of 5.
        • Higher Level or Standard Level Mathematics (Math Studies not acceptable).
        • Overall minimum grade total of 30
    • Recommended:
      • send all your GCSE and O levels grades

    Note: GCSE-level English as a Second Language does not satisfy the academic English course requirement.

    Please ensure that your interim grades are at the University of Waterloo by at least March 7, 2012 and that we receive your final grades as soon as they are available.

    The University of Waterloo recognizes IB Courses as an excellent academic preparation for success at the university level and will consider awarding transfer credits for individual Higher Level IB courses in which normally a minimum final grade of 5 is attained.

      • Required:
        • overall score of 30, excluding bonus marks awarded for the Extended Essay, Theory of Knowledge Requirement and community involvement (Community involvement will be taken into account in our hand selection process)
        • a complete diploma
        • higher or standard level English with a minimum score of at least 5
        • higher level Mathematics with a minimum score of at least 5 (Math Studies not acceptable)
      • Recommended:
        • send uWaterloo grades for all your Grade 10 and 11 courses
      • Click here for full details about IB transfer credits

    Please ensure that your interim/predicted grades are at the University of Waterloo by at least March 7, 2012 and that we receive your final grades as soon as they are available.

    Students who have been away from formal education, generally high school, for more than 3 to 4 years may be considered for the Accounting and Financial Management program. The process for non-degree mature students would be to enroll in Honours Arts in either a full-time or part-time basis and to take all the required first year AFM courses. If you obtain a minimum overall average of 80% in these courses you would then apply for a transfer into the AFM program.

    AFM
    The School of Accounting and Finance is the only English speaking professional school of its kind in Canada. We offer 2 undergraduate (Accounting and Financial Management and Computing and Financial Management) and 3 graduate (Master of Accounting; Master of Taxation; PhD in Accounting) programs to provide students with the technical, analytical, evaluative, and communication skills needed to prepare for successful careers in public accounting, finance, industry, government and not-for-profit sectors. In conjunction with the Faculties of Mathematics and Science, the School also administers 2 undergraduate programs (Mathematics/Chartered Accountancy; Biotechnology/Chartered Accountancy) and 1 graduate program (Master of Quantitative Finance).