STAT 373Regression and Forecasting Methods in Finance
- Units
- 0.50
- Faculty
- Mathematics
- Subject
- Statistics
When it runs
- F24
- W25
- S25
- F25
- W26
- S26
- F26
- W27
- S27
Ran in 3 of the last 7 terms. Winter 2027: not on the schedule. Spring 2027: schedule not out yet.
Application of regression and time series models in finance; multiple regression; algebraic and geometric representation of least squares; inference methods - confidence intervals and hypothesis tests, ANOVA, prediction; model building and assessment; time series modelling; autoregressive AR(1) models - fitting, assessment and prediction; moving average smoothing, seasonal adjustment; non-stationarity and differencing.
Prerequisites
- Complete all of the following
- Must have completed the following:
- MATH136 - Linear Algebra 1 for Honours Mathematics (0.50)
- Complete 1 of the following
- Enrolled in H-Computing & Financial Management, or H-Mathematics/Chartered Professional Accountancy
- Must have completed the following:
Antirequisites
- Not completed nor concurrently enrolled in any of the following:
- AFM323 - Quantitative Foundations for Finance (0.50)
- STAT321 - Regression and Forecasting (Non-Specialist Level) (0.50)
- STAT331 - Applied Linear Models (0.50)
- STAT371 - Applied Linear Models and Process Improvement for Business (0.50)
- STAT374 - Quantitative Foundations for Finance (0.50)
- STAT443 - Forecasting (0.50)
Leads to
Fall 2026 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 6163 | 60 / 96 | MW 13:00–14:20 |
Reviewed on UW Flow
45% liked it49% easy64% useful
From 29 ratings and 9 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.
Let's just say, this Peter Balka guy is quite an interesting specimen. Let me detail the average Peter Balka course experience. This class is guaranteed to be at 8:30 in the morning because he "loves to check the box on the course detail form saying that he would like to teach at the earliest time possible". Then, during said 8:30am class, he pulls up the mobius slides that have not changed for the past 15 years onto the podium computer and proceeds to do a manual copy-and-paste of the content onto the board while verbally adding nothing of value. Assignments are pretty straightforward and quizzes are relatively easy if you read the notes. (He doesn't change the assignments or quizzes so if…
Nov 2023 · didn’t like it · 2 found this helpfulOn UW FlowRemove this
Peter Balka is a great prof, I finally understood linear regression as a result of this course.
Dec 2024 · liked it · 1 found this helpfulOn UW FlowRemove this
Somewhat hard course overall and no really sure what I learned from the course. Midterm average was quite low but the final was really easy so it helped boost my mark by a substantial amount. Just make sure you understand the assignment problems and the course notes and you should be fine.
Dec 2017 · didn’t like it · 1 found this helpfulOn UW FlowRemove this
Material is interesting and quite in depth. Basically split between linear regression and time series. Not a easy course.
If this is the first stats course you took(stat230/231 are not really real stats courses), then you will need to get used to how its not super structured like before where you have lots of samples to study from and really dig into the material.
I found this to be exponentially harder than 230/231 and require some concepts of 235/237 which should be prerequisites really.Dec 2017 · didn’t like it · 1 found this helpfulOn UW FlowRemove this
Peter Balka is awful and unorganized. Course notes are okay to study from
Sep 2013 · didn’t like it · 1 found this helpfulOn UW FlowRemove this
Discussed on r/uwaterloo
11 posts and comments in 11 threads mention STAT 373, November 2015 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
Is Peter Balka still at the university? 5 points, 8 comments
“Anybody know what's going on with him these days? Have such a bad memory taking his course in the past I wonder if he is still teaching”
u/visi999: “he's teaching stat373 this term”
Spring 2022
FARM vs MATH/CPA 2 points, 7 comments
“Hey everyone, &x200B; I have been fortunate enough to be accepted into both FARM and Math/CPA and have been very grateful for it:) Nevertheless, I am VERY struggling to choose between these two and …”
u/AFMISFULLOFNOOBS: “… Additional Required Math Courses (4): AFM 272/ACTSC 291 Global Capital Markets AFM 275/ACTSC 391 Corporate Finance AFM 476/ ACTSC 471 Corporate Decision Making STAT 373 Regression and Forecasting Models in Fin. …”
Fall 2019
Is anyone taking STAT 373? 3 points, 2 comments
u/cs200partnerplz: “Would anyone be interested in working together for the tutorial assignments? Don't really know anyone from this class”
Winter 2019
STAT 373 Marks Out 47 points, 1 comment
Fall 2018
Marks not out thread 35 points, 57 comments
“What are you guys waiting on”
u/NoobySnackzs: “Stat 373”
Spring 2018
What courses are you taking next term? 4 points, 47 comments
“Mine will be a boring one. ACTSC371, MATH237, STAT231, CO342 and AFM101”
u/20person: “AFM 462 AFM 401 AFM 479 AFM 482 STAT 373”
Fall 2017
Any way to disable UWCourseLinker from posting? 16 points, 26 comments
“posting a reply to my comment I find the bot annoying.”
u/Jackhofmann: “… STAT 322 STAT 330 STAT 331 STAT 332 STAT 333 STAT 334 STAT 337 STAT 341 STAT 371 STAT 372 STAT 373 STAT 430 STAT 431 STAT 433 STAT 441 STAT 442 STAT 443 STAT 830 STAT 831 STAT 833 STAT 841 STAT 842 STAT 845 STAT 850 STAT 901 STAT 906 STAT 931 STAT 932 STAT 946 STAT 947 STAT 974 …”
Spring 2017
300 and 400 level Stat and CS courses 0 points, 3 comments
“Does anyone have any recommendations for 300 and 400 level stat or CS courses that would be helpful in finance?”
u/UWsped: “Haven't taken these yet but do plan on taking them in the future: CS 335 CS 476 STAT 373 STAT 443”
Opinions on Stat 337 2 points, 2 comments
u/ThatCoxKid: “I'll be in 3A of FARM in the Fall and I'm thinking of taking Stat 337 if I can't get a spot in Stat 373 (currently full and only 60 spots). There's been a few posts in this subreddit about it but they seem a little dated. …”
Fall 2016
Do I need 60% in stat 231 as a prereq for any other course? 1 point, 3 comments
u/YuncaUW: “STAT 371/372/373; some of which are required for FARM I think.”
Fall 2015
[SAF] AFM Students vs. All (Part I) 49 points, 22 comments
u/NewPoorDoge: “Let's not assume we want stat 373 to be harder ..”
Check it elsewhere for Fall 2026
- Undergraduate Calendar, 2026–27The official entry
- Requirements for Fall 2026Waterloo’s requisite checker
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