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Financial Mathematics (BSc (Hons))

Michael Fecenko sitting on a fence post, looking off to the side
"With every course, I am learning more — like what drives changes in stock price, how to make informed investment decisions or how to analyze distributions of data. I can see so many applications for math and so many different paths to go down."

Michael Fecenko
Financial Mathematics

Is It for You?

This program will prepare you to drive economic progress by leveraging cash flow and creating wealth. You’ll acquire in-depth knowledge of economics, financial instruments and statistical techniques, and establish a foundation in modern mathematics, financial accounting, managerial finance and computer science. Participate in case studies, an optional paid co-op, industry-relevant research projects be prepared to make an immediate impact in the financial sector.

 Faculty
Faculty of Science

 Program Format(s)
Full Time: Four Year; Five-Year Co-op

 Degree Earned
Bachelor of Science (Honours)

 Grade Range
73-75%+*

 Non-Academic Requirements
None

 Experiential Learning
Co-op available

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What You Need to Know

 Thinking of applying? Make sure the program is still accepting applications.

*Actual minimum grade ranges required for fall 2023 admission/wait list consideration will be determined based on grades and qualifications presented by the applicant pool as they become available. Required grade ranges may fluctuate from year to year (up or down) as a result of competition. Applicants not educated in Ontario may present the equivalent of the Ontario requirements. TMU reserves the right to determine equivalency at its sole discretion.

Tuition and Fees 2022/2023

Domestic Ontario Students Fees Range: $7,048 - $9,578
Domestic Out-of-Province Students Fees Range: $7,544 - $10,276
International Students Fees Range: $31,811 - $31,871

For detailed fees information visit Tuition and Fees by Program.

Academic Requirements

Ontario Secondary School Diploma (OSSD) or equivalent with a minimum of six Grade 12 U or M courses including the following program specific requirements.

Typically, a minimum overall average of 70% establishes eligibility for admission consideration; subject to competition individual programs may require higher prerequisite grades and/or higher overall averages:

  • English/anglais (ENG4U/EAE4U preferred)
  • Advanced Functions (MHF4U)
  • One of Calculus and Vectors (MCV4U) or Mathematics of Data Management (MDM4U)
  • One of Physics (SPH4U) (recommended), Biology (SBI4U) or Chemistry (SCH4U)
  • Note: the minimum grade(s) required in the subject prerequisites (normally in the 65-70% range) will be determined subject to competition

Academic admission requirements for all other applicants are available at: Admission Requirements.

After Graduation

You’re ready to fuse a strong quantitative and theoretical foundation with real-world experience to make an immediate impact in the financial sector: private enterprises, government, not-for-profit companies; investment banking, auditing, accounting, financial management; systems analysis, computer programming; financial engineering, risk management, trading system development. You may work as an actuary, data analyst, financial analyst, market and competitive intelligence analyst or quantitative analyst. You may also choose to pursue graduate studies (MBA or MSc) in mathematics, business or finance.

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