AFM 427Intermediate Portfolio Management

Units: 0.50
Faculty: Arts
Subject: Accounting and Financial Management

When it runs

Ran in 3 of the last 7 terms. Winter 2027: scheduled, 2 lecture sections. Spring 2027: schedule not out yet.

This course focusses on the theory and practice of passive and active portfolio management focusing on both traditional and alternative investment assets. The course traces the process of development of the portfolio objective and investment thesis, asset selection, performance and risk measurement, and monitoring and stakeholder reporting. The course utilizes business analytics practices with a focus on the role of the financial analyst in an increasingly automated world.

Prerequisites

Complete all of the following
- Must have completed the following:
  - AFM244 - Analytic Methods for Business 3 (0.50)
- Must have completed at least 1 of the following:
  - AFM272 - Global Capital Markets and Financial Analytics (0.50)
  - AFM273 - Financial Instruments and Capital Markets (0.50)
- 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

None listed.

Leads to

No course lists it as a requisite.

Winter 2027 sections

Enrolment from UW Open Data, which can trail Quest by up to two days. Instructors and rooms: Schedule of Classes.
Section	Class	Enrolled	Meets
LEC 001	4189	0 / 50	M 19:00–21:50
LEC 701	1661	36 / 9999	Online or by arrangement

Reviewed on UW Flow

75% liked it100% easy100% useful

From 4 ratings on UW Flow. Read them all on UW Flow.

Discussed on r/uwaterloo

One post or comment in 1 thread mentions AFM 427, February 2021 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.

Winter 2021

Feb 21, 2021 AFM CPA/CFA Pathway 0 points, 21 comments

u/Drip_Killa: “… AFM 427 - Intermediate Portfolio Management | (5) Financial Markets Spec.) 3. AFM 422 - Management of Financial Institutions | (6) Financial Markets Spec.) 4. Elective 5. …”

View on Reddit Remove this

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

2021–22
2024–25
2025–26
2026–27 requisites changed (shown here)
2019–20 and earlier on ucalendar