AFM 127Introduction to Global Capital Markets and Financial Analytics
- Units
- 0.50
- Faculty
- Arts
- Cross-listed
- ACTSC 127
When it runs
- F24
- W25
- S25
- F25
- W26
- S26
- F26
- W27
- S27
Ran in 5 of the last 7 terms. Winter 2027: scheduled, 2 lecture sections. Spring 2027: schedule not out yet.
This course introduces financial markets and institutions, examining the role of finance in the global economy while introducing foundational principles of financial decision making. The course utilizes analytic and computational approaches to the topics, enabling students to develop data management and analysis competencies.
Prerequisites
- Complete all of the following
- Must have completed at least 1 of the following:
- Complete 1 of the following
- Enrolled in H-Accounting & Financial Management, H-Mathematics/Chartered Professional Accountancy, H-Science & Financial Management, or H-Sustainability & Financial Management
- Enrolled in H-Biotechnology/Chartered Professional Accountancy
Antirequisites
Leads to
Fall 2026 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 4087 | 27 / 45 | MW 11:30–12:50 |
| TST 101 | 4088 | 27 / 45 | Oct 23 20:30–22:00 |
Winter 2027 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 3800 | 0 / 70 | MW 14:30–15:50 |
| LEC 701 | 1458 | 57 / 9999 | Online or by arrangement |
| TUT 101 | 3812 | 0 / 70 | F 12:30–13:20 |
Reviewed on UW Flow
47% liked it13% easy63% useful
From 17 ratings and 3 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.
Overall a nice course if you are trying to go into finance. Chris Niu is okay, he isn't the best teacher and sometimes he just rambles but he's a nice guy and is always willing to answer your questions. The content is useful, definitely harder than afm 121 since we do more valuations like ddm, dcf etc and more tvm stuff, but good if you're trying to learn that earlier. There are monthly python assignments, nice skill to build but you have to self teach majority of the course since the python ta + chris niu are not much help
Apr 2026 · liked itOn UW FlowRemove this
Basically a self study course in W26. Teacher (Chris Niu) had a horrible accent and felt like he was showing off his knowledge throughout the course rather than trying to teach us.
Mar 2026 · didn’t like itOn UW FlowRemove this
Lectures were so confusing. The Python assignments were brutal if you did not know any Python and came straight out of CS115. But if you ask for an assignment regrade, the TAs tend to boost your mark.
Dec 2025 · didn’t like itOn UW FlowRemove this
Discussed on r/uwaterloo
4 posts and comments in 2 threads mention AFM 127, October 2023 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.
Fall 2023
failed a core course 14 points, 4 comments
u/Demhashere: “… I don't know if I can't take AFM127 (Takes cs115 as a prereq), and don't know what to do from here. …”
u/kenash29: “… Can you take CS115 in 1B and then take AFM127 in your off-term (summer)? Or can you just go ahead and take AFM121 in 1B instead of AFM127? …”
Course Selection For 1B term (non math elective) 1 point, 10 comments
u/Comfortable-Shock584: “… I was also considering the AFM 127 course, but it has a " Mathematics/Chartered Professional Accountancy students. " prerequisite. Can I take this course as I am in the CS honors co-op program? …”
u/user1284818492: “Econ101/afm101/afm131 are good”
u/Comfortable-Shock584: “… Also, I was thinking of COMM 101 and AFM 127. However, I cannot take AFM 127, and COMM 101 is its antirequisite. I saw that AFM 127 is a prerequisite for some other AFM 200s or 300s, but I could not see any such class with a COMM 101 prerequisite. …”
Check it elsewhere for Fall 2026
- Undergraduate Calendar, 2026–27The official entry
- Requirements for Fall 2026Waterloo’s requisite checker
- Schedule of Classes, Fall 2026Instructors, rooms, live seats
- Quest Class SearchWhere you enrol
- Course outlinesSyllabi from past terms (UW login)
- UW FlowStudent ratings and reviews
- WClassesPast sections back to 2004, and who taught them
Calendar versions
Undergraduate Calendar
- 2024–25
- 2025–26
- 2026–27 requisites changed (shown here)
- 2019–20 and earlier on ucalendar