University of Waterloo

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Bachelor of Mathematics - Mathematical Finance

Waterloo, Canada, North America

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Program duration

48–60 months

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Language

English

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Tuition fees

from $43 485

About the program

In one of the most advanced undergraduate finance programs in the world, students will focus on the math behind financial markets. Offered jointly by the Department of Pure Mathematics and the Department of Statistics and Actuarial Science, Mathematical Finance is designed for students with elite mathematical abilities who wish to pursue finance combined with pure mathematics.

Program Details

Degree level:

4-Year Bachelor's Degree

Study mode:

In Class

Program duration:

48–60 months

Features

International Year One

Details come from the university and can change — always confirm on the program page before you apply.

Key facts

Main subject

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Business, Management and Economics

Start months

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September

Entry requirements

Grade 12 / High School

English language tests

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TOEFL

90

IELTS

6.5

PTE Academic

63

Duolingo

120

Grades

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GPA

88 / 100

Cost

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$262

Application fee

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$22 895

Cost of living / year

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CA$59 574

≈ $43 485

Tuition

Other fees

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Books and Supplies Fees

per year

$1,500

University Insurance Health Plan (UHIP)

per year

$528

WUSA Supplementary Health and Dental Plans

per year

$453

Student Service Fee

per year

$550

Other Compulsory Incidental Fees

per year

$832

Charged by the institution on top of tuition.

Scholarships (1)

International Student Entrance Scholarship

CAD 10,000

Awarded automatically

Study levels: 1-Year Post-Secondary Certificate · 2-Year Undergraduate Diploma · 3-Year Bachelor's Degree · 3-Year Undergraduate Advanced Diploma · 4-Year Bachelor's Degree · Integrated Masters · Top-up Degree

Requirements:

International fee-paying students admitted to full-time, first-year degree programs at the University of Waterloo starting in September 2026 are eligible for a $10,000 International Student Entrance Scholarship. This award supports new international students by helping to offset tuition costs during their first year of study. No application is required, and the scholarship is automatically granted to eligible students. # Eligibility Criteria - Must be an international fee-paying student admitted to a full-time, first-year degree program at Waterloo starting September 2026. - Includes students applying from CEGEP. - Not available to: - Medical Sciences (Waterloo) and Doctor of Medicine (St. George's University) students - Bachelor of Social Work, Doctor of Optometry, Doctor of Pharmacy students - Transfer students admitted with transfer credits - Students who deferred admission from September 2025 to September 2026 - Students enrolled in 2+2 or similar x+y programs # Scholarship Value and Disbursement - Total value: **$10,000** awarded for the first year only. - Paid in two installments: - $5,000 in late July for first-term tuition - $5,000 in late November for second-term tuition - The scholarship applies only to the first and second term tuition fees and cannot be spread over multiple years. # Conditions and Requirements - Must be enrolled full-time (three or more courses) in both first and second terms. - Must maintain international fee-paying status throughout the terms; any change in residency status or tuition fee classification will result in loss of eligibility. - No specific grade-point average is required beyond meeting the minimum admission requirements. # Application and Award Process - No application is necessary; eligible students are automatically awarded the scholarship. - Scholarship details will appear on the Awards and Financial Aid tab in the Waterloo applicant portal starting mid-April. - No additional documents or bank information are required to receive the scholarship. # Additional Notes - This scholarship does not replace or reduce other entrance scholarships from Waterloo; students may receive multiple awards concurrently. - The scholarship is designed to support international students in their transition to university by reducing financial barriers during their first year. Prospective international students planning to begin studies at the University of Waterloo in September 2026 should check their eligibility and watch for the scholarship award notification in their applicant portal starting in April. This generous funding opportunity helps make studying at Waterloo more accessible and affordable for international students demonstrating academic promise.

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Campuses

Main Campus

Similar programs

Contacts

Address:

200 University Avenue West, Waterloo, Canada

Phone number:

1 (519) 888-4567

Website:

uwaterloo.ca