This paper describes the development and coding of a design tool for waverider parameterization based on the Taylor-Maccoll equation and streamline tracing method. This tool, intended for undergraduates studying in the field of aerodynamics, illustrates the relationship among various parameters in terms of their effect on the aerodynamic performance of waverider models with the same freestream Mach number. The design procedure is evaluated and validated for multiple shock wave profiles and freestream Mach numbers, and is found to be in good agreement with the computational fluid dynamics results. For undergraduates studying aeronautical engineering, the suggested design tool offers an intuitive image of waverider creation and a clear picture of the guiding principles of waveriders. By imposing a set of design criteria, the tool also gives students enough freedom to arrive at their own waverider shape.