After Year 1, WLU-registered students who remain eligible to continue their studies in the double degree program are required to participate in the Co-op Option. Refer to the Co-operative Education section later in this chapter. The WLU co-op process involves three (or four at a student's discretion) co-op work terms intermixed with the ten study terms, beginning with a first co-op work term in the January-to-April period between the third and fourth study terms. The earlier May-to-August term between the second and third study terms is an "off" term (where students are on their own for the term, similar to regular-stream students).

For UW-registered students, the co-op process involves four (or five at a student's discretion) co-op work terms intermixed with the 10 study terms. The first of these work terms occurs during the May-to-August period between the second and third study terms, thus replacing the corresponding "off" term for WLU-registered students by an extra work term. With this one exception of the first May-to-August period, the term sequencing for UW-registered students is identical to the one for WLU-registered students.

With the sequencing of study terms and work terms indicated above, the normal duration for this program is four and two-thirds calendar years (or five calendar years at a student's discretion). Only under especially mitigating circumstances, and with the approval of both universities, can the term sequencing attached to the double degree program be altered, and such instances will usually result in a delay (possibly as much as one calendar year) of the graduation date.

All double degree program students, regardless of their home university affiliation, are required to satisfy all term-by-term progression requirements of both Laurier's School of Business & Economics and UW's Faculty of Mathematics to remain eligible to continue in the program, and to meet all graduation requirements of both institutions to be eligible for the two degrees. More specifically, students must ensure that their course selection each term, their academic performance level, and their academic conduct in general, comply with all the policies, procedures, regulations and requirements of both universities. Failure to do so will normally result in students being required to withdraw from the double degree program. Such students may remain eligible to enrol in the (single degree) Laurier BBA program (although not necessarily in the Co-op Option) or to enrol in another appropriate (single degree) UW BMath plan respectively, depending upon their individual circumstances.