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=== Co-operative education === The university operates the largest post-secondary [[cooperative education|co-operative education]] (co-op) program in the world with over 20,000 undergraduate students.<ref>{{cite web|url=https://uwaterloo.ca/co-operative-education/about-co-operative-education|title=About Co-operative Education|website=University of Waterloo|access-date=20 January 2019}}</ref><ref>{{cite web|url=https://www.macleans.ca/schools/university-of-waterloo/|title=University of Waterloo: Rankings|website=Maclean's|publisher=Rogers Media.|access-date=20 January 2019}}</ref><ref>{{cite web|url=https://ontariosuniversities.ca/stories/the-worlds-largest-co-op-program/|title=The world's largest co-op program|website=Ontario Universities|date=10 November 2017 |publisher=Council of Ontario Universities|access-date=20 January 2019}}</ref><ref>{{cite web|url=http://www.canadian-universities.net/Campus/Cooperative-Education.html|title=Cooperative Education in Canadian Universities|website=canadian-universities.net|publisher=Hecterra Publishing Inc.|access-date=20 January 2019}}</ref> For co-op students, each term acts as either a study term or a work term depending on their co-op sequencing, typically for the entire length of their degree.<ref name=":1">{{Cite web|url=https://uwaterloo.ca/future-students/co-op/study-work-sequences|title=Co-op work/study sequences|date=27 February 2013|website=Undergraduate Programs|access-date=18 August 2019}}</ref> Co-op work terms are mandatory for all undergraduate engineering programs, as well as several arts and mathematics programs. Engineering students are required to complete five out their six scheduled work terms to graduate from their program, while students from other faculties typically need to complete four work terms.<ref name=":0">{{cite web|url=https://uwaterloo.ca/future-students/co-op|title=Co-op|date=26 February 2013|website=Undergraduate Programs|access-date=18 August 2019}}</ref> Engineering students alternate between school and work terms, completing a total of eight study terms and six work terms in the span of four and two-thirds years.<ref name=":1" /> However, some programs have unique co-op streams where consecutive school and work terms are scheduled near the end of the program, giving the students the opportunity to apply for eight-month positions.<ref>{{cite web|url=https://uwaterloo.ca/engineering/future-undergraduate-students/co-op-experience/co-op-studywork-sequences|title=Co-op study/work sequences|date=11 January 2012|website=Engineering|access-date=18 August 2019}}</ref> [[File:Tatham Centre UWaterloo.jpg|alt=|thumb|The William M. Tatham Centre, home to the Centre for Career Action, and where employers visit campus to conduct interviews with co-op students]] Students are responsible for securing their work placement for each of their co-op terms.<ref>{{cite web|url=https://uwaterloo.ca/co-operative-education/about-co-op|title=About co-op|date=4 February 2019|website=Co-operative Education|access-date=18 August 2019}}</ref> This includes applying for positions and attending interviews during their study terms. Scheduling conflicts between interviews and exams are actively avoided but still possible, in which case one or the other are rescheduled, with the examination taking precedence.<ref>{{cite web|url=https://uwaterloo.ca/co-operative-education/find-your-co-op-job/find-job-waterlooworks/interview/interview-conflicts|title=Interview conflicts|date=20 March 2019|website=Co-operative Education|access-date=18 August 2019}}</ref> In order for the student to receive their co-op credit, their work term must meet a number of conditions. This includes being full-time, that it is related to the student's field of study, that it lasts for the full 16-week duration, and that it is compensated with at least the minimum wage in the location of work.<ref name="Co-op roles and responsibilities">{{cite web|url=https://uwaterloo.ca/co-operative-education/supports-and-resources/co-op-rights-and-responsibilities|title=Co-op roles and responsibilities|date=5 April 2018|website=Co-operative Education|access-date=18 August 2019}}</ref> Exceptions can be made for some of these conditions; for example, first work terms often do not have to be related to the student's field of study, especially if the student has had difficulty securing a position. At the end of the work term, the employer submits a performance evaluation for the student which is presented to the student's future employers during their next application stage.<ref name="Co-op roles and responsibilities" /> {{as of|2018|post=,}} the university reports that its co-op students earn an average of {{CAD|12,100}} per work term when working in Canada.<ref>{{cite web|url=https://uwaterloo.ca/co-operative-education/about-co-op/co-op-earnings|title=Co-op earnings|date=30 January 2012|website=Co-operative Education|access-date=18 August 2019}}</ref> However, co-op earnings vary greatly depending on field of study, how many work terms the student has already completed, and where the work term takes place. The university's highest earning undergraduate co-op students in 2018 were mathematics undergraduates (including computer science and computing and financial management) on their sixth work term and were working in the United States, who made an average of [[United States dollar|US$]]28,600 (C$38,000) per four-month work term.<ref>{{Cite web|url=https://uwaterloo.ca/co-operative-education/about-co-op/co-op-earnings/earnings-united-states-work-terms|title=Earnings for United States Work Terms|date=25 March 2019|website=Co-operative Education|access-date=18 August 2019|archive-url=https://web.archive.org/web/20190818045750/https://uwaterloo.ca/co-operative-education/about-co-op/co-op-earnings/earnings-united-states-work-terms|archive-date=18 August 2019|url-status=dead}}</ref> Several programs where co-op is mandatory report high levels of employment from their graduation, with 98 percent of graduates from the Accounting and Financial Management, Math/[[Chartered Professional Accountant|CPA]], Biotech/CPA, and [[Master of Accounting]] programs reporting that they found employment within six months after graduating.<ref name="coopstat">{{cite web|title=School of Accounting and Finance annual reports|url=https://uwaterloo.ca/school-of-accounting-and-finance/sites/ca.school-of-accounting-and-finance/files/uploads/files/c015268_saf_coop_career_launch_report_print_lr_accessible-s.pdf|website=School of Accounting & Finance|publisher=University of Waterloo|access-date=15 October 2018|archive-url=https://web.archive.org/web/20181015232240/https://uwaterloo.ca/school-of-accounting-and-finance/sites/ca.school-of-accounting-and-finance/files/uploads/files/c015268_saf_coop_career_launch_report_print_lr_accessible-s.pdf|archive-date=15 October 2018|url-status=dead}}</ref> In the same year, the graduates of the university's [[Master of Taxation]] co-op program reported that 100 percent of its students secured full-time employment prior to graduating.<ref name="coopstat" /> The William M. Tatham Centre is the home of the Centre for Career Action office, where resources such as resume critiques, mock interviews, and networking advice are available.<ref>{{cite web|url=https://www.facebook.com/pages/category/College---University/UWaterlooCentreforCareerAction/about/|title=UWaterloo Centre for Career Action|website=Facebook |access-date=18 August 2019}}</ref> WaterlooWorks is the university's official job board,<ref>{{cite web|url=https://uwaterloo.ca/co-operative-education/find-your-co-op-job/find-job-waterlooworks|title=Find a job on WaterlooWorks|date=13 December 2017|website=Co-operative Education|access-date=18 August 2019}}</ref> on which over 7000 employers post available positions.<ref name=":0" /> Most positions on WaterlooWorks are in Canada, although international job listings from employers based in the United States, France, Germany, Hong Kong, Japan, South Korea, and other countries have also been placed on WaterlooWorks.<ref>{{Cite web|url=https://uwaterloo.ca/co-operative-education/working-abroad|title=Working abroad|access-date=25 September 2015|date=30 January 2012}}</ref> The United States is the most common destination for international work terms. In addition to using WaterlooWorks, students may pursue their own external job search, or found their own company, to receive their co-op credit.
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