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Business Administration - Financial Planning

Business Administration - Financial Planning

(Optional Co-op)

Program Code: BAFCampus: Newnham
Duration: 6 Semesters (3 Years)Start Dates: Summer, Fall, Winter
Start dates are subject to change
Credential Awarded: Ontario College Advanced Diploma

Program Description

Seneca's Business Administration - Financial Planning program puts you in demand with the financial planning expertise employers seek. Many Faculty of Business programs have a substantially common first-year curriculum. This curriculum provides a solid foundation in business and develops skills necessary for a successful career. As a student of BAF, you’ll have the flexibility to transfer most earned credits to another program.

Students at the Markham Campus will be able to complete three semesters of study then transfer to the Newnham Campus for semesters 4 to 6.

Admission Requirements

Program Eligibility:

  • Ontario Secondary School Diploma with a majority of senior credits at the College Preparation (C), University Preparation (U) or University/College Preparation (M) level or Mature Student Status (age 19 or older)
  • Grade 12 English: ENG4(C) or ENG4(U)
  • Grade 12 Mathematics: (C) or (U) or Grade 11 Mathematics (U) or (M)

Applicant Selection:

  • Applicant grades in pre-requisite subjects (or their equivalents) will be used as a basis for the selection of candidates.

Desirable:

  • Basic proficiency in word processing, preferably Microsoft Word.

The Importance of Learning Skills:

Student success in college requires well developed learning skills (such as being able to work independently, participate in a team, be well-organized, develop good work habits, and show initiative). These skills are as important as prior academic achievement. While it is expected that applicants would have developed these skills through previous education and life experiences, Seneca offers support to assist students with further development of these important skills.

Your Career

Toronto is the financial capital of Canada. The Toronto Financial Services Alliance (TFSA) reports that over 223,000 people work in Toronto region’s financial services sector, making it the third largest concentration of financial services employment in North America, after New York and Chicago. Over 75% of those employed hold post secondary credentials and represent a third of Canada’s financial sector employment. In the last decade the industry had added more than 62,000 employees in the Toronto region (Source: TFSA).

The financial services industry has a long history of attracting energetic and ambitious people who are looking for the best career opportunities. The industry is noted for its broad range of career paths, commitment to employee development and compensation structures difficult to find in other sectors of the economy.

The BAF program prepares you for careers in financial planning and wealth management. You’ll learn key areas of personal financial planning that include: personal taxation, estate planning, retirement planning, insurance, investment strategies and risk management. Upon graduation, you’ll be ready to launch your career within the financial services sector with employers such as banks, trusts, insurance companies, brokerage and financial planning firms. During the program you’ll have the opportunity to write the Canadian Investment Fund Course (CIFC) ® exam to be eligible for mutual fund licensing as well as the Canadian Securities Course (CSC) ® exams to be eligible for a securities license. In addition, as a graduate of BAF, you’ll be qualified to challenge the Certified Financial Planner (CFP) ® Professional Competence Examination 1 (PCE1).

Choose the co-op option in this program and you’ll have the opportunity to secure a paid work term between the fifth and sixth semesters. Co-op allows you to combine classroom learning and real-world experience. It’s important to note that you’ll have a shared responsibility for securing employment opportunities and must meet co-op entrance requirements in order to be considered (see Student Advisor or Co-op Co-ordinator for details).

Financial Planning students enrol in both Canadian Investment Funds Course (CIFC) ® and Canadian Securities Course (CSC) ® at an additional cost.

Co-operative Education Option

The co-operative education component provides you with a paid work term between academic semesters. Job-related employment enables you to combine classroom skills and on-the-job training, experience that is highly valued by students and employers alike. Please note that you’ll have a shared responsibility for securing employment opportunities.

Co-op Model
  Sept-Dec Jan-Apr May-Aug
Year 3 Semester 5 Work Term Semester 6

 

Diploma to Degree... and Beyond

Through transfer agreements and institution partnerships, graduates of this Seneca College program may be eligible for credit at the following post-secondary institution(s):

Toronto

University/CollegeDegrees Available
Ryerson University• Bachelor of Commerce, Business Management – Direct Entry Program
• Bachelor of Commerce, Business Technology Management – Degree Completion program
Seneca College• Bachelor of Commerce, Financial Services Management
• Bachelor of Commerce, Municipal and Corporate Administration (Previously Offered)
• Bachelor of Commerce, Human Resources Strategy and Technology
Tyndale University College• Bachelor of Arts, Business Administration or Business Administration – International Development
York University• Bachelor of Administrative Studies (BAS)

Ontario

University/CollegeDegrees Available
Algoma University• Bachelor of Business Administration
Lakehead University• Bachelor of Business Administration (3 year)* or Honours Bachelor of Commerce (4 year)
Laurentian University• Honours Bachelor of Commerce
Laurier Brantford• Honours Bachelor of Arts
Nipissing University• Bachelor of Business Administration
University of Ottawa• Bachelor of Commerce
University of Windsor• Bachelor of Commerce

Canada

University/CollegeDegrees Available
Athabasca University• Bachelor of Professional Arts – Governance, Law, and Management
• Bachelor of Management or Bachelor of Commerce
• Bachelor of Human Resources and Labour Relations
University Canada West• Bachelor of Commerce
Okanagan College• Bachelor of Business Administration
Royal Roads University• Bachelor of Commerce in Entrepreneurial Management

U.S.

University/CollegeDegrees Available
University at Buffalo• Bachelor of Science in Business Administration
Centenary College• Bachelor of Science, Business Administration
D'Youville College• BSc – Accounting or Management
Davenport University• BBA – Finance or Financial Planning
Northwood University• Bachelor – Business Administration, Marketing, Management or Accounting
Robert Morris University• Bachelor of Arts or Bachelor of Science (BSBA)

International

University/CollegeDegrees Available
AUT University• Bachelor of Business – any major dependent on courses taken at Seneca
Birmingham University• BA (Hons) Business Administration
• BA (Hons) International Finance

Transfer Options within Seneca

The School of Accounting and Financial Services offers seamless transfer to a multitude of degree, diploma and certificate programs, given a common first year in most diploma and certificate programs within the Faculty of Business.

Transfer Options *




* GPA requirements may apply.

Curriculum

Semester 1 Subject Name Hrs/Wk
BUS106 Business - Its Nature and Environment 4
EAC150 College English 3
ICA001 Introduction to Computers and Applications 2
MRK106 Marketing I 4
QNM106 Mathematics of Finance 4
SSC100 Success Strategies for College 2
 
Semester 2 Subject Name Hrs/Wk
ACC106 Accounting I 4
BUS206 Business Management 4
MRK213 Foundations of Strategic Marketing and Planning 4
SMS202 Microcomputer Business Applications II 3
XXXXXX General Education Option 3
 
Semester 3 Subject Name Hrs/Wk
ACC212 Financial Analysis 4
EAC394 Effective Business Writing 3
MRK320 Marketing: Effective Selling 4
MSC310 Decision Analysis I 4
XXXXXX General Education Option 3
 
Semester 4 Subject Name Hrs/Wk
BUS400 Business Economics 2
FIS403 Financial Management 3
IBM600 International Business Management 4
MGS350 Management Studies: Canadian Business Law 4
RFC121 Introduction to Financial Planning and Economics 4
 
Semester 5 Subject Name Hrs/Wk
RFC122 Taxation for Financial Planners 4
RFC124 Risk Management and Insurance in Financial Planning 4
RFC125 Understanding Investments and Investment Strategy 4
RFC126 Canadian Investment Funds 2
RFC127 Call Centre Operations 2
RFC223 Ethics and Marketing of Financial Products 3
CAP500 Career Planning (non co-op only) 1
CPP100 Co-op Professional Theory (co-op option only) 2
CWT100 Co-op Work Term (co-op option only)
 
Semester 6 Subject Name Hrs/Wk
QNM222 Business Statistics 5
RFC221 Retirement Planning and Benefits 3
RFC222 Estate Planning 3
RFC225 Investment Strategies and Tactics 4
RFC230 Financial Planning Management 3
XXXXXX General Education Option 3
CPP200 Co-op Professional Practice (co-op option only) 2

Note: Students in the Financial Planning diploma program must complete the following to enter semester 5:

  • all required subjects from semesters 1 to 4 with a G.P.A. of 2.7 or higher
  • obtain minimum grade of C in FIS403 and EAC394 and minimum grade of B in RFC121
  • students must enter semester 5 with a G.P.A. of 3.0 or higher to be eligible for co-op

Educational Pathways

Educational Pathways

Contact Us

Student Advisor: Pana Mitusev
Telephone: (416) 491-5050 Ext. 6216
Email: pana.mitusev@senecac.on.ca
Program Coordinator: Peter Wan
Telephone: (416) 491-5050 Ext. 6762
Email: peter.wan@senecac.on.ca
Co-op Coordinator: Lynda Trude
Telephone: (416) 491-5050 Ext. 6416
Email: Lynda.Trude@senecac.on.ca
Admissions Advisors:
Domestic Admissions Advisor: Margaret Lim
Telephone: (416) 491-5050 Ext. 2806
Email: Margaret.Lim@senecac.on.ca
International Admissions Advisor: Susan Gao
Telephone: (416) 491-5050 Ext. 2365
Email: susan.gao@senecac.on.ca
Registration & Records Advisor: Adam Chisholm
Telephone: (416) 491-5050 Ext. 2462
Email: Adam.Chisholm@senecac.on.ca
Associate Chair: Jeff McCarthy
Telephone: (416) 491-5050 Ext. 6722
Email: jeff.mccarthy@senecac.on.ca
Program Chair: Karen Murkar
Telephone: (416) 491-5050 Ext. 2337
Email: karen.murkar@senecac.on.ca