Level 1 Credits
Take all of the following Mandatory Courses:
Level 2 Credits
- FINA-6012 Canadian Securities 1 4.00
- FINA-6003 Consumer Credit 3.00
- FINA-1024 Financial Planning 4.00
- LAWS-3018 Ethics and Law 3.00
- FINA-6005 Taxation & Tax Planning 4.00
- FINA-6010 Financial Business Development 3.00
Take all of the following Mandatory Courses:
FINA-1012 - Risk Management and Estate Planning
- FINA-6013 Canadian Securities 2 4.00
- MKTG-1021 Sales and Service 3.00
- FINA-6008 Professional Retirement Planning 3.00
- INSR-3014 Life & Health Insurance Planning 4.00
- FINA-1012 Risk Management and Estate Planning 3.00
- FINA-3036 Comprehensive Financial Plan 3.00
This course reviews and discusses the importance of tools such as wills, powers of attorney and trusts in estate planning, as well as the preservation and the inter-generational transfer of personal and business assets.
FINA-1024 - Financial Planning
The course introduces students to the segmented topics of personal financial planning- the Financial Planning Process, Professional Conduct, the Time Value of Money, Financial Statements and Analysis, Investment Fundamentals and Financial Management. Included in this course is the requirement to complete several assignments related to the segments of a comprehensive financial plan. The comprehensive financial plan will be compiled and submitted in the final semester of the program.
FINA-3036 - Comprehensive Financial Plan
This course will examine financial planning on a more inclusive and comprehensive scale. Comprehensive financial planning involved the process of collecting client information and analysing that information for the purpose of making recommendations to the client. The 6 areas under examination are 1) Financial Management, 2) Risk Management, 3) Retirement Planning, 4) Tax Planning, 5) Estate Planning, and 6) Asset Management. The intent of this course is not to bring up a great many new topics but rather to examine how to draw from the other CFP® courses in the program and tie the analysis together in order to develop a single financial plan for the client. The six step process will be followed in conjunction with the CFP® code of ethics and practice standards.
FINA-6003 - Consumer Credit
This course provides students with an in-depth knowledge of consumer and mortgage lending from a lender's perspective. Topics include: the types of credit available to match consumers' needs, the application and assessment process, investigation, documentation and collection methods.
FINA-6005 - Taxation & Tax Planning
This course provides students with an understanding of the objectives and principles of Income Taxation in Canada. The topics covered include the role of government in income tax administration, liability for personal income tax, employment, business, property, capital gains, other income, deductions, tax credits and the calculation of taxes payable for individuals resident in Canada. In addition it explores advanced concepts related to personal tax affairs and tax planning strategies including the capital gains system, capital cost allowance, capital dividends, eligible capital expenditures, alternative minimum tax and income attribution.
FINA-6008 - Professional Retirement Planning
This course provides a detailed look at the many sources of retirement income available to Canadians and how individuals can plan for their retirement by determining income needed in retirement, managing insurable health risks and exploring ways of accumulating financial wealth by making investments in registered tax shelters or accepting the tax consequences of non-registered investments. Students learn how taxation, inflation, and management costs affect wealth accumulation and utilize financial mathematical analysis to create spreadsheet presentations for client demonstration.
FINA-6010 - Financial Business Development
This course covers the critical issues of building, growing and managing a financial services business. Topics include researching employment opportunities in the financial service industry, client development and service, marketing to clients, and the development of an individual business plan.
FINA-6012 - Canadian Securities 1
Any Canadian resident who wishes to be licensed tosell securities or advise clients on securityinvestments must complete the Canadian SecuritiesCourse. This course has the same content as VolumeI of the Canadian Securities Course and coverswealth, investment, capital markets,intermediation, industry participants,macroeconomics, government and corporate finance,public and self regulation, analysis of financialstatements, debt securities, equity securities,and derivatives.
FINA-6013 - Canadian Securities 2
Any Canadian resident who wishes to be licensed tosell securities or provide security investmentadvice to clients or customers anywhere in Canadamust successfully complete the Canadian SecuritiesCourse. This course has the same content as VolumeII of the Canadian Securities Course and coversinvestment analysis, security valuation, portfoliodevelopment, mutual funds, segregated funds, hedgefunds, other managed products, taxation, andfinancial planning.
INSR-3014 - Life & Health Insurance Planning
This course is an introduction to the Canadian insurance industry and is a preparatory course for Provincial licensing requirements, for those who wish to sell Life insurance and other life insurance products in Canada. Topics discussed in this course include various insurance products, such as individual and group life as well as accident and sickness products. Also covered are topics such as underwriting and claims processes, the risk management process, including needs analysis, and legal and professional standards.
LAWS-3018 - Ethics and Law
An examination of the principles of Canadian business law with a focus on commercial purchasing issues including contract, personal and commercial liability and fiduciary obligations.
MKTG-1021 - Sales and Service
This course introduces students to the principles and application of the sales process. Included in this course are the following topics: prospecting, approach, presentation, close techniques, objection handling, and relationship management. Students are required to execute an effective individual sales presentations, conduct interviews, and complete written proposals and reports.