UW Financial Analysis and Risk Management Student Association | 578 followers on LinkedIn. FARMSA is a non-profit student club open to all Math students at the University of Waterloo. | FARMSA is a non-profit student club open to all Math students at the UW, even those not in the Math/FARM program. The goals of the club: To encourage academic pursuits and interests of the Math/FARM program internally and externally. To provide services that will benefit Math/FARM students and other interested individuals academically and professionally.