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Bachelor of Science (Honours) in Financial Mathematics (Co-op) Toronto Metropolitan University Toronto Metropolitan University, Canada

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CAD 33432

Annual Tuition Fee

!
*Subject to change and other fees
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CAD 150 Waived

Application Fee

Duration icon

60 months

Duration

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6.5

IELTS

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83

TOEFL

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70%

Min GPA

Program Overview

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.

Co-Operative Program
An optional co-operative program is available for students who wish to obtain work experience and receive a salary from an employer while studying at Ryerson. The program leads to a BSc (Hons) degree. In this option school terms alternate with four or five paid work terms starting from the second year (see the table below). This schedule is the same as that used by the rest of the science programs at Ryerson and is designed to ensure that students attend winter and fall semesters in the correct order.

Although neither the Department nor the Office of Co-operative Education can guarantee a placement, they provide major assistance in locating suitable positions and counseling of students in their search for suitable jobs. This co-operative program enables students to earn competitive wages to offset the costs of university education.

Students who have completed the first year of the program must apply through the Mathematics Department for admission to the co-op program before the beginning of the second year. Enrolment in the co-op program is limited and the department retains the right to deny access to the co-op program based on the number of available placements and student's grade point average. Once in the co-op program, the terms alternate between four months of study and four months of on the job experience. The co-op program usually takes an additional year to complete. The graduation requirements for the co-op program are the same as those for the BSc (Hons) in Financial Mathematics.

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Additional Information

Program Level Bachelor's Degree

College/University Processing Time 28 Days

Program Format Full-Time

Post-Graduation Work Permit (PGWP) work permit

Program Intake

Open

Jan 2025, Sep 2025

Closed

Jan 2024, Sep 2024

General Admission Requirement

  • IELTS
    • Minimum Overall Score - 6.5
  • TOEFL
    • Minimum Overall Score - 83
  • PTE
    • Minimum Overall Score - 60
  • DUOLINGO
    • Minimum Overall Score - 120.0  

Academic Requirement

  • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School Diploma or equivalent including the following required course(s):
    • 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

6.5 IELTS Score
83 TOEFL Score Minimum Overall Score
60 PTE Score Minimum Overall Score
120 Duolingo Minimum Overall Score
70% CGPA Minimum Overall Score

Similar Programs

Tuition Fee

The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

Average Tuition Fee Per Year

33432

Tuition Fee
(CAD)

CAD 150 Waived

Application Fee
(CAD)

12000 Per year

Average Cost of Living
(CAD)

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The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Check program website for more information about funding options.

Scholarships

International Student Winter Merit Scholarship (January 2025)

The International Student Winter Merit Scholarship is for international students. The students must be starting their first year of a full-time four-year undergraduate degree at Toronto Metropolitan University (TMU) in January 2025. It's for students who do well academically, volunteer, join clubs and show leadership qualities.


Please note: For those applying for admission in winter 2025, TMU has increased the scholarship value to $10,000. The recipient number potential has also increased to 20 students. This award is entrance-only and is non-renewable.


Terms and Conditions

To be eligible for consideration for the International Student Winter Merit Scholarship, applicants must:

  • Be international students with valid study permits by the start of the winter term (January 2025).
  • Maintain a full-time course load (80% or more of a full course load) upon enrolment.
  • Achieve a minimum 85% (or equivalent) final admission average.
  • Be enrolling in a post-secondary institution for the first time.
  • Be applying to a 4-year, full-time, undergraduate program.
  • Be applying for the fall International Secondary School Merit Scholarship or International Student Winter Merit Scholarship for the first time. Previous applicants will not be considered.


Deadline: September 15, 2024, 11:59 p.m.

 

Guaranteed and Renewable Scholarships

Toronto Metropolitan University is pleased to recognize the academic achievements of the first-year class upon admission to the university with over $10 million designated for entrance scholarship support.


For Students Admitted for 2024-2025
International students (on a study visa) attending and completing studies at a Canadian secondary school, with final averages of 86% and higher, who meet the terms and conditions for scholarship, are guaranteed a renewable entrance scholarship according to the following values.

Final admission average Awarded in year one* Potential annual renewable amount** Potential total scholarship value**
95%+ $3,000 $3,000 $12,000
90-94.99% $1,500 $1,500 $6,000
86-89.99% $750 $750 $3,000

*Scholarship amount to be distributed evenly between fall and winter semester.
**Up to, dependent on annual CGPA.



Terms and Conditions

To be eligible for consideration for the guaranteed and renewable scholarships, students must:

  • Be currently enrolled full-time in a Canadian secondary school (minimum of three Ontario grade 12 U/M courses or Canadian provincial equivalent within the 2023-2024 regular school year
  • Have been continuously enrolled full-time (no gaps in full-time attendance prior to the 2023-2024 regular school year)
  • Be enrolling in a post secondary institution for the first time
  • Have submitted the correct and complete application for admission to the program for which the scholarship is being granted by September 1, 2024
  • Canadian citizens, permanent residents of Canada, protected persons in Canada and international students are eligible for this award

 

President's Entrance Scholarships

The President's Entrance Scholarship is awarded to secondary school graduates who demonstrate academic accomplishment, leadership qualities, original thought and creative ability. 


Twelve (12) recipients | $40,000 (total value) | $10,000 (annual amount) (renewable)
Recipients are reserved (costs not included) a bed in residence. This is limited to Pitman Hall single bedroom with shared hallway washroom or the International Living/Learning single bedroom with private washroom. Please visit the Housing and Residence Life website for more information about living on campus.


A minimum 90% final admission average is required for consideration. An applicant's average is calculated with their best six Grade 12 U/M courses, or their home country's equivalent. 


This application will ask that you include the following: 

  1. An essay or project summary: this may be a piece of creative writing, or a summary of any creative project which you may have undertaken. It must reflect your capacity for original thought and creative ability (max 500 words).
  2. Two (2) letters of reference:
    1. academic reference letter that confirms your scholastic abilities. This reference may also speak to your leadership/creative endeavours.
    2. reference letter should address your leadership/creative endeavours. It should not verify academic achievement.
  3. Your leadership activities: you will indicate the leadership activities/positions that you have been involved in during your final two years in secondary school.


Note: Canadian Citizens, Permanent Residents of Canada, Protected Persons in Canada and International Students are eligible to apply for this award.


International Secondary School Merit Scholarship

The International Secondary School Merit Scholarship is for international students. The students must be starting their first year of a full-time four-year undergraduate degree at Toronto Metropolitan University (TMU). It's for students who do well academically, volunteer, join clubs and show leadership qualities.

Please note: For those applying for admission in fall 2024, TMU has increased the scholarship value to $10,000. The recipient number potential has also increased to 40 students. This award is entrance-only and is non-renewable. 


Key points to remember:

  • Must be an international student starting their first year of a full-time four-year undergraduate degree
  • Must have a final admission average of at least 85%, an A, or an equivalent
  • Must write a personal statement for submission
  • If a gap year was taken it must be no longer than one academic year

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