This course is the second in a two-course sequence which offers an overview of global capital markets. The course focuses on valuation of financial instruments and the theories of financial risk and diversification.
Prerequisites
AFM121 or AFM127/ACTSC127; AFM113 or STAT211; Accounting and Financial Management, Biotechnology/Chartered Professional Accountancy, or Sustainability and Financial Management students.
Antirequisites
AFM272/ACTSC291, ECON371
Offerings
Spring 2026 [1265]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 2459 | 0 / 100 | | | | |
Fall 2025 [1259]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3421 | 63 / 63 | 17:30 - 18:50 | T,Th | | |
| LEC 002 | 3422 | 57 / 64 | 19:00 - 20:20 | T,Th | | |
| LEC 003 | 4263 | 64 / 64 | 14:30 - 15:50 | T,Th | | |
| LEC 004 | 4264 | 64 / 64 | 11:30 - 12:50 | T,Th | | |
| LEC 005 | 4265 | 64 / 64 | 13:00 - 14:20 | T,Th | | |
| LEC 006 | 4266 | 65 / 63 | 17:30 - 18:50 | T,Th | | |
| TST 101 | 4268 | 377 / 382 | 16:30 - 18:00 | F | | |
Spring 2025 [1255]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 2566 | 92 / 140 | 19:00 - 20:20 | M,W | | |
Spring 2024 [1245]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 2639 | 27 / 70 | 08:30 - 11:20 | Th | | |
| TST 101 | 2787 | 27 / 70 | | | | |
Fall 2023 [1239]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3385 | 51 / 52 | 08:30 - 09:50 | W | | |
| LEC 002 | 3386 | 51 / 52 | 10:00 - 11:20 | W | | |
| LEC 003 | 8626 | 52 / 52 | 13:00 - 14:20 | W | | |
| LEC 004 | 8627 | 52 / 52 | 14:30 - 15:50 | W | | |
| LEC 005 | 8628 | 48 / 50 | 13:00 - 14:20 | M,W | | |
| LEC 006 | 8629 | 49 / 52 | 14:30 - 15:50 | M,W | | |
| LEC 007 | 8630 | 29 / 54 | 17:30 - 18:50 | M,W | | |
| LEC 008 | 9006 | 11 / 52 | 19:00 - 20:20 | M,W | | |
| TST 101 | 8633 | 343 / 416 | 08:30 - 10:00 | F | | |
Spring 2023 [1235]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 2738 | 60 / 60 | 10:00 - 11:20 | W | | |
| TST 201 | 5386 | 60 / 60 | 18:00 - 19:20 | F | | |
| TUT 101 | 2739 | 60 / 60 | 10:00 - 11:20 | Th | | |
Fall 2022 [1229]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3679 | 259 / 270 | 13:00 - 14:20 | W | | Saman Kiri |
| LEC 002 | 3680 | 201 / 270 | 14:30 - 15:50 | W | | Saman Kiri |
| TST 201 | 10209 | 460 / 540 | 16:30 - 18:00 | F | | |
| TUT 101 | 4228 | 45 / 49 | 08:30 - 09:50 | Th | HH 2104 | Andrew Ecclestone |
| TUT 102 | 4229 | 47 / 49 | 11:30 - 12:50 | Th | HH 2107 | Zhe Peng |
| TUT 103 | 4723 | 50 / 50 | 13:00 - 14:20 | Th | HH 1108 | Saman Kiri |
| TUT 104 | 4724 | 48 / 49 | 14:30 - 15:50 | Th | HH 2107 | Saman Kiri |
| TUT 105 | 4725 | 49 / 49 | 11:30 - 12:50 | Th | HH 1106 | Andrew Ecclestone |
| TUT 106 | 4726 | 49 / 49 | 13:00 - 14:20 | Th | HH 1106 | Andrew Ecclestone |
| TUT 107 | 4727 | 49 / 49 | 14:30 - 15:50 | Th | HH 2104 | Zhe Peng |
| TUT 108 | 4728 | 46 / 49 | 16:00 - 17:20 | Th | HH 2104 | Zhe Peng |
| TUT 109 | 4729 | 0 / 49 | | | | |
| TUT 110 | 4730 | 28 / 49 | 08:30 - 09:50 | Th | HH 1104 | Saman Kiri |
| TUT 111 | 4731 | 49 / 49 | 10:00 - 11:20 | Th | HH 1104 | Andrew Ecclestone |
| TUT 112 | 4732 | 0 / 45 | | | | |
Spring 2022 [1225]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 5616 | 59 / 60 | 17:30 - 18:20 | M,W | HH 1102 | Andrew Ecclestone |
| TUT 101 | 5617 | 59 / 60 | 11:30 - 12:50 | W | EV3 3412 | Andrew Ecclestone |
Fall 2021 [1219]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3492 | 90 / 90 | 13:00 - 13:50 | M | HH 1101 | Blake Phillips |
| LEC 002 | 3493 | 84 / 90 | 14:00 - 14:50 | M | HH 1101 | Blake Phillips |
| LEC 003 | 3494 | 0 / 60 | | | | |
| LEC 004 | 4276 | 218 / 420 | 19:00 - 19:50 | M,Th | | Blake Phillips |
| TUT 101 | 4277 | 18 / 30 | 08:30 - 09:50 | T | PAS 1241 | Andrew Ecclestone |
| TUT 102 | 4278 | 29 / 30 | 10:00 - 11:20 | T | PAS 1241 | Andrew Ecclestone |
| TUT 103 | 10708 | 29 / 30 | 13:00 - 14:20 | T | PAS 1241 | Andrew Ecclestone |
| TUT 104 | 10709 | 24 / 30 | 14:30 - 15:50 | T | PAS 1241 | Andrew Ecclestone |
| TUT 105 | 10710 | 13 / 30 | 08:30 - 09:50 | W | RCH 306 | Andrew Ecclestone |
| TUT 106 | 10711 | 27 / 30 | 10:00 - 11:20 | W | RCH 306 | Andrew Ecclestone |
| TUT 107 | 10712 | 23 / 30 | 13:00 - 14:20 | W | PAS 1241 | Blake Phillips |
| TUT 108 | 10713 | 17 / 30 | 14:30 - 15:50 | W | PAS 1241 | Blake Phillips |
| TUT 109 | 10714 | 32 / 55 | 19:00 - 20:20 | T | | Andrew Ecclestone |
| TUT 110 | 10715 | 35 / 55 | 19:00 - 20:20 | T | | Andrew Ecclestone |
| TUT 111 | 10716 | 38 / 55 | 19:00 - 20:20 | T | | Blake Phillips |
| TUT 112 | 10717 | 21 / 55 | 19:00 - 20:20 | T | | Blake Phillips |
| TUT 113 | 11834 | 86 / 200 | 19:00 - 20:20 | T | | Andrew Ecclestone |
Fall 2020 [1209]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 041 | 3532 | 213 / 225 | | | | Andrew Ecclestone |
| LEC 042 | 3533 | 200 / 225 | | | | Blake Phillips |
| TUT 141 | 3534 | 48 / 55 | | | | |
| TUT 142 | 4333 | 42 / 55 | | | | |
| TUT 143 | 4334 | 41 / 55 | | | | |
| TUT 144 | 4335 | 41 / 55 | | | | |
| TUT 145 | 4336 | 41 / 55 | | | | |
| TUT 146 | 4337 | 43 / 55 | | | | |
| TUT 147 | 4338 | 40 / 55 | | | | |
| TUT 148 | 4339 | 38 / 55 | | | | |
| TUT 149 | 4483 | 40 / 55 | | | | |
| TUT 150 | 4484 | 39 / 55 | | | | |
Fall 2019 [1199]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3487 | 187 / 225 | 08:30 - 09:20 | W | DC 1351 | Andrew Ecclestone |
| LEC 002 | 3488 | 228 / 225 | 09:30 - 10:20 | W | DC 1351 | Blake Phillips |
| TST 201 | 8559 | 415 / 450 | | | | |
| TUT 101 | 3492 | 46 / 45 | 08:30 - 10:20 | M | CPH 1319 | Blake Phillips |
| TUT 102 | 8552 | 48 / 45 | 10:30 - 12:20 | M | CPH 1319 | Blake Phillips |
| TUT 103 | 8553 | 46 / 45 | 13:30 - 15:20 | M | CPH 1319 | Blake Phillips |
| TUT 104 | 8554 | 47 / 45 | 15:30 - 17:20 | M | CPH 1319 | Blake Phillips |
| TUT 105 | 8555 | 35 / 45 | 08:30 - 10:20 | M | EV3 4408 | Andrew Ecclestone |
| TUT 106 | 8556 | 44 / 45 | 10:30 - 12:20 | M | EV3 4408 | Andrew Ecclestone |
| TUT 107 | 8557 | 37 / 45 | 13:30 - 15:20 | M | PAS 1241 | Andrew Ecclestone |
| TUT 108 | 8558 | 36 / 45 | 15:30 - 17:20 | M | PAS 1241 | Andrew Ecclestone |
| TUT 109 | 9184 | 41 / 45 | 11:30 - 13:20 | W | MC 4064 | Andrew Ecclestone |
| TUT 110 | 9185 | 35 / 45 | 14:30 - 16:20 | W | MC 4064 | Andrew Ecclestone |
Fall 2018 [1189]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3386 | 65 / 68 | 08:30 - 09:50 | M,W | HH 1106 | Kenneth R Vetzal |
| LEC 002 | 3387 | 69 / 68 | 10:00 - 11:20 | M,W | HH 1106 | Kenneth R Vetzal |
| LEC 003 | 3388 | 70 / 68 | 13:00 - 14:20 | M,W | HH 1106 | Kenneth R Vetzal |
| LEC 004 | 3389 | 48 / 68 | 08:30 - 09:50 | T,Th | HH 1104 | Bruce Everitt |
| LEC 005 | 3390 | 69 / 68 | 10:00 - 11:20 | T,Th | HH 1104 | Bruce Everitt |
| LEC 006 | 3803 | 75 / 75 | 13:00 - 14:20 | M,W | AL 105 | Andrew Peter Ecclestone |
| TST 101 | 3391 | 396 / 410 | 16:30 - 18:00 | F | | |
Fall 2017 [1179]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3562 | 65 / 65 | 13:00 - 14:20 | M,W | HH 1102 | Kenneth R Vetzal |
| LEC 002 | 3563 | 65 / 65 | 14:30 - 15:50 | M,W | HH 1102 | Kenneth R Vetzal |
| LEC 003 | 3564 | 65 / 65 | 08:30 - 09:50 | M,W | HH 1104 | Kenneth R Vetzal |
| LEC 004 | 3565 | 66 / 65 | 11:30 - 12:50 | T,Th | HH 1104 | Kenneth R Vetzal |
| LEC 005 | 3566 | 64 / 65 | 13:00 - 14:20 | T,Th | HH 1104 | Kenneth R Vetzal |
| LEC 006 | 4110 | 60 / 65 | 16:00 - 17:20 | T,Th | HH 334 | Xuyang Ma |
| TST 101 | 3567 | 385 / 390 | 16:30 - 18:00 | F | | |
Spring 2017 [1175]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 5170 | 22 / 50 | 16:00 - 17:20 | M,W | HH 2107 | John D'Amato |
| TST 101 | 5171 | 22 / 50 | | | | |
Fall 2016 [1169]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3673 | 65 / 65 | 10:00 - 11:20 | M,W | HH 1106 | Kenneth R Vetzal |
| LEC 002 | 3674 | 65 / 65 | 11:30 - 12:50 | M,W | HH 1106 | Kenneth R Vetzal |
| LEC 003 | 3675 | 49 / 50 | 14:30 - 15:50 | M,W | HH 2104 | Kenneth R Vetzal |
| LEC 004 | 3676 | 62 / 65 | 10:00 - 11:20 | T,Th | HH 1102 | Xuyang Ma |
| LEC 005 | 3677 | 65 / 65 | 13:00 - 14:20 | T,Th | HH 1108 | Xuyang Ma |
| LEC 006 | 8005 | 61 / 65 | 14:30 - 15:50 | T,Th | HH 1108 | Xuyang Ma |
| TST 101 | 3678 | 367 / 375 | 16:30 - 18:00 | F | | |
Fall 2015 [1159]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 4040 | 65 / 65 | 13:00 - 14:20 | T,Th | HH 1102 | Garvin Blair |
| LEC 002 | 4041 | 64 / 65 | 14:30 - 15:50 | T,Th | HH 1102 | Garvin Blair |
| LEC 003 | 4042 | 35 / 65 | 16:00 - 17:20 | T,Th | HH 1102 | Xuyang Ma |
| LEC 004 | 4043 | 65 / 65 | 11:30 - 12:50 | T,Th | HH 1104 | Xuyang Ma |
| LEC 005 | 4044 | 64 / 65 | 13:00 - 14:20 | T,Th | HH 1104 | Xuyang Ma |
| TST 101 | 4045 | 293 / 325 | 17:30 - 19:20 | F | | |
Fall 2014 [1149]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3869 | 62 / 68 | 08:30 - 09:50 | T,Th | HH 1104 | Andrew Peter Ecclestone |
| LEC 002 | 3870 | 68 / 68 | 11:30 - 12:50 | T,Th | HH 1102 | Andrew Peter Ecclestone |
| LEC 003 | 3871 | 67 / 68 | 13:00 - 14:20 | T,Th | HH 1102 | Andrew Peter Ecclestone |
| LEC 004 | 3872 | 65 / 68 | 11:30 - 12:50 | T,Th | HH 1108 | Garvin Blair |
| LEC 005 | 3873 | 66 / 68 | 13:00 - 14:20 | T,Th | HH 1108 | Garvin Blair |
| LEC 006 | 7852 | 37 / 68 | 16:00 - 17:20 | T,Th | HH 1108 | Garvin Blair |
| TST 101 | 3874 | 365 / 408 | 18:30 - 20:00 | F | | Andrew Peter Ecclestone |
Spring 2014 [1145]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 2497 | 12 / 52 | 16:00 - 17:20 | T,Th | HH 1106 | Andrew Peter Ecclestone |
Fall 2013 [1139]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 3676 | 65 / 65 | 08:30 - 09:50 | M,W | HH 1106 | Craig Geoffrey |
| LEC 002 | 3677 | 61 / 65 | 10:00 - 11:20 | M,W | HH 1106 | Patrizia Ferrarese |
| LEC 003 | 3678 | 64 / 65 | 10:00 - 11:20 | T,Th | HH 1106 | Andrew Peter Ecclestone |
| LEC 004 | 3679 | 65 / 65 | 11:30 - 12:50 | T,Th | HH 1106 | Andrew Peter Ecclestone |
| LEC 005 | 3680 | 29 / 50 | 17:30 - 20:20 | T | HH 2107 | Aazar Zafar |
| TST 101 | 3681 | 284 / 310 | 19:30 - 21:30 | F | | |
Spring 2013 [1135]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 5228 | 8 / 52 | 14:30 - 15:50 | T,Th | HH 1106 | Craig Geoffrey |
| TST 101 | 5229 | 8 / 52 | 16:30 - 18:00 | F | | |
Fall 2012 [1129]
| Section | Class | Enrolled | Time | Days | Location | Instructor |
|---|
| LEC 001 | 7239 | 65 / 65 | 10:00 - 11:20 | M,W | HH 1102 | Craig Geoffrey |
| LEC 002 | 7240 | 64 / 65 | 11:30 - 12:50 | M,W | HH 1102 | Craig Geoffrey |
| LEC 003 | 7241 | 65 / 65 | 14:30 - 15:50 | M,W | HH 1104 | Andrew Peter Ecclestone |
| LEC 004 | 7242 | 43 / 65 | 16:00 - 17:20 | M,W | HH 1104 | Andrew Peter Ecclestone |
| LEC 005 | 7243 | 43 / 65 | 17:30 - 18:50 | M,W | HH 1104 | Andrew Peter Ecclestone |
| TST 101 | 7244 | 280 / 325 | 19:00 - 21:20 | W | | |