yconic - First Year Accounting and Financial Management Student (Waterloo AFM)
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First Year Accounting and Financial Management Student (Waterloo AFM)

Hi everyone, I am a first year AFM student at Waterloo and last year I was in your position. I was trying to figure out which university programs to apply to and I heavily relied on this website to make my final decisions from first years in the respected programs. If any prospective students in high school are looking to pursue the AFM program at Waterloo I would love to answer any questions, and talk about my experiences so far! I was admitted with a 91% average with excellent EC's. 

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What were your ECs?
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I was the Finance Coordinator of Green Initiative Canada, Treasurer of Environmental Council, Delegate to Model United Nations, Peer Tutor, President of the Me to We Club, and have been a member of the Kumon Program for 11 years. Awards include: A national award (ranked 1 out of 332 students throughout Canada for an Advanced Achievement in Kumon Mathematics), Outstanding Contribution to the Environmental Council, French Honour Roll, Regular Honour Roll, and Completed the Kumon Math and Reading Award (first person at my centre to do so!)
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how did you become the finance coordinator of Green Initiative Canada? Im looking for an executive position in something outside of school
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Did the aif form actually help? This school is in my top 3. I'm bad at math but im really good in my other courses
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It definitely did there were people who came in with 86% averages with low math marks (above the 75% threshold though) and their ec's definitely made them stand out among other applicants!  Make the AIF unique to you, find a way to make yourself stand out. Out of curiosity, what are your top 3?
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Oh thank god! I thought the AIF was just paperwork that just shows you dont just sit around in books all day. My top 3 are waterloo afm, UofG accounting and Utm finance
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But just a reminder that it does depend on the averages of the incoming class. In all honesty, the majority of people coming into AFM had math marks in atleast the mid 80's so I recommend you aim for that!
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Thank you Martha thanks for the help :) You have made me feel more comfortable against my odds
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What averages did most people get accepted with? Will 90% with decent ec's get me accepted (90% is the lowest average I can get)
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I'm not the admissions team so I can't say for sure. In terms of marks you're good but remember it's not what ec's you have. You can be president of every club, but if you can't express that through the AIF you may be beat out by someone who did not have as impressive of extracurriculars. It's all about how you word it, like I said before, make yourself stand out! I believe most people did get accepted with 90%+
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Hi Martha,
What is your current course load like first term? Also what courses are you currently taking? Did you take any business courses in high school (if so was the first few weeks sorta review)?
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Hi Jason, thanks for reaching out! Current workload is not too difficult if you took Econ and accounting in high school you should be set! I never took Econ in high school so I definitely spend more time in that course but other than that first term is pretty easy as it is the term to adjust. Second term gets harder though. Currently I have intro to micro and macro economics, accounting, intro to Canadian business, and math. The first term is pretty much review, like I said second term is when it gets harder. In high school I took grade 11 and 12 accounting and business leadership. If you can take Econ in high school definitely do it. I  have to spend twice the amount of time understanding material than those who took it not to mention I absolutely dread the subject lol :) hope that helped!!
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Hey Martha! 
My top choices for uni right now are Shulich, Ivey, Queens, Waterloo Rotman. I’m in grade 12 by the way!

My ECs are pretty good and diverse but my average is my main concern.

I took advanced functions last semester in grade 11, ended up with a 78% and have a reasoning why since I was gone to England for 6 weeks and missed 3 tests...

I’m currently retaking it during nightschool and I am confident I will obtain a 100%.

However, this semester I’m also taking calculus during day school and I’m slacking really hard and I’m leaning towards dropping it and taking it in night school next semester because again, I am positive I can obtain a 95-100%. 
I’m sitting at a 66% right now in calculus, maybe a 71-73% after she puts in some more tests and assignments, but even if I achieve at least an 80 overall, it’ll tank my average...
My bird courses are fine, they are all above 90s but I’m just scared for calculus. 

Do you recommend staying in calculus or dropping it to pursue it in nightschool next semester for a much higher average?
Will Waterloo AFM penalize nightschool? 
Do you know if any other universities penalize nightschool? 

Thanks in advance, all tips are appreciated.
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Hi, Waterloo AFM will not penalize you for nightschool, I believe they only penalize math and engineering student.  However, you need to understand that although you may get that 95%-100% in night school it is not beneficial in any way. If you are currently at a 66% right now you need to evaluate why. You say you're slacking but in what way? Is it because you're not putting in the work, are you procrastinating? In university, the workload is a lot heavier and much harder, you need to be motivated and ensure you don't slack. I personally dislike those who use night school or summer school as a way to "cheat" the system, because they are not willing to put in the work. I suggest you stay in calculus (day school) because you will learn more and you will put in the work that's necessary for university.  In university, you don't get everything given to you. you need to work for it. Courses are going to be difficult but you can't just take the easy way out. That's my person opinion. Also, I don't think other school penalize night school. Also, your EC's and AIF for Waterloo are important just like your grades so even if your grades aren't the highest you still have a shot by using your AIF to explain yourself.
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Thanks you for the honest response.
I have been slacking off since the start of semester by not doing my homework as often and procrastinating which is truly why I have the 66%. 

So basically, if I take nightschool, I can get to the Uni’s I’ve listed it’s just that I won’t know any of the concepts and won’t have a strict work ethic. But if I do take day school, uni will be much easier?

You are definitely right about how things will drastically change in uni so thank you for changing my perspective! 
I will work much harder to obtain a higher grade in day school, thanks for the slight motivation! 
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Your welcome! Honestly, I believe that sugar coating things won't help prospective seniors who want to get into universityl. I have many friends who night schooled and private schooled their way into Schulich and Rotman and are currently struggling. I hope you do work a lot harder and you're hard work will pay off when you get into the uni of your choice. How I think about it is 1 year of suffering for 4 years of being in your dream school, or one of your top choices! Good luck and I hope to maybe see you at Waterloo if you so choose :) I also hope I didn't sound too rude or anything but I just wanted to tell you straight up! Please message me if have anymore questions I would love to help!! :)
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Really appreciate your help! I will definitely work hard to try and get into my dream school! If I do have any questions, I will most definitely reach out to you!
Thanks so much 
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Martha did you have to write an entrance exam for waterloo AFM?
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Hey, 
Currently I have a 98 in Functions, 98 in Data Mgmt, 100 in Computer Science, 99 in Financial Securities, 98 in Physics, 96 for English, 97 for International Business, and a 97 for Business Management. ECS Include: President of my DECA chapter, Sr. Treasurer for my SAC, Head of Finance for this student-run organization called Social Seed, part of my Prefects org, Jr. Counselor at York U Science Camp, Youth Coordinator for the Youth Advisory Group at my local library, DECA ICDC top 20 finalist and 4th place for my province. How are my chances looking for Waterloo AFM?
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You make the rest of us look bad. So yea, you'll get in. Also, Is Waterloo your first choice?
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How strong is the finance route in the AFM program?
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It's weaker than your typical BCom programs (Ivey, Queens) but I'd definitely consider it if you're also interested in accounting. There are increasing number of finance positions for co-op and many of our alumnis work in finance (think S&T, PE, VC etc). I say it is weaker than a normal finance program because if it turns out you hate accounting then it's unfortunate because you have to stick through 4 years of accounting plus mandatory courses that aren't necessary for you to get your CFA, you have very few electives. You should look into FARM or Hon. Math (Act Sci) if you're interested in the quant side of finance
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What about Computing and Finance Management, is it hard?
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