| Program Code: BIN | Campus: Newnham |
| Duration: 4 Semesters (2 Years) | Start Dates: Fall, Winter Start dates are subject to change |
| Credential Awarded: Ontario College Diploma | |
The Business - Insurance program prepares you for a dynamic career in the property and casualty (general) insurance industry in Canada where 49% of the work force is between 41 and 60 years of age currently. Offered in co-operation with the Insurance Institute of Canada (IIC), this program is anchored on the fundamental aspects of both business and insurance and was designed with experts from several national insurance firms. You’ll learn from courses that focus specifically on brokerage, underwriting and claims where career prospects are extremely strong. As a graduate, you will have had the opportunity to earn eight credits toward the internationally recognized Chartered Insurance Professional (CIP) designation. As part of the program, you’ll register with the IIC for the CIP courses/ exams at an additional cost.
Program Eligibility:
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.
According to the Insurance Institute of Canada's report "A Demographic Analysis of the P & C Insurance Industry" 25% of the industry's current labour force could retire within the next six years, by 2017 and for management positions this could be as high as 40%. Fast-track your career by equipping yourself with the knowledge and skills essential for positions in the property and casualty insurance industry in Canada. As a graduate of Seneca's Business - Insurance diploma program, you’ll earn up to eight credits toward the CIP designation from the Insurance Institute of Canada and be expertly prepared for a progressive career in claims, underwriting or brokerage.
The core curriculum is anchored on thirteen business courses and three general education electives. This allows for seamless articulation into the BIN program by students with credits earned from other Seneca business programs. Also integral to the program are the eight insurance courses that are part of the curriculum established by the IIC for the internationally- recognized Chartered Insurance Professional (CIP) accreditation. After one year of work experience at an insurance company or a brokerage firm - following graduation from Seneca -graduates take the two final CIP courses through the IIC to attain their CIP designation. Business - Insurance students enrol in CIP courses/examinations at an additional cost.
Through transfer agreements and institution partnerships, graduates of this Seneca College program may be eligible for credit at the following post-secondary institution(s):
| University/College | Degrees Available |
|---|---|
| Seneca College | • Bachelor of Commerce, International Accounting and Finance • 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 |
| University/College | Degrees Available |
|---|---|
| Algoma University | • Bachelor of Business Administration |
| Laurier Brantford | • Honours Bachelor of Arts |
| University/College | Degrees Available |
|---|---|
| Athabasca University | • Bachelor of Professional Arts – Governance, Law, and Management |
| University Canada West | • Bachelor of Commerce |
| Okanagan College | • Bachelor of Business Administration |
| Royal Roads University | • Bachelor of Commerce in Entrepreneurial Management |
| Semester 1 | Subject Name | Hrs/Wk |
|---|---|---|
| BUS106 | Business - Its Nature and Environment | 4 |
| CIP011 | Principles and Practices of Insurance | 4 |
| EAC150 | College English | 3 |
| ICA001 | Introduction to Computers and Applications | 2 |
| QNM106 | Mathematics of Finance | 4 |
| SSC100 | Success Strategies for College | 2 |
| Semester 2 | Subject Name | Hrs/Wk |
| ACC106 | Accounting I | 4 |
| CIP012 | Insurance on Property | 4 |
| CIP014 | Automobile Insurance Part I | 4 |
| MRK106 | Marketing I | 4 |
| OBR250 | Organizational Behaviour | 3 |
| XXXXXX | General Education Option | 3 |
| Semester 3 | Subject Name | Hrs/Wk |
| BUS400 | Business Economics | 2 |
| CIP013 | Insurance Against Liability Part I | 4 |
| CIP120 | Underwriting Essentials | 4 |
| EAC394 | Effective Business Writing | 3 |
| SMS202 | Microcomputer Business Applications II | 3 |
| XXXXXX | General Education Option | 3 |
| Semester 4 | Subject Name | Hrs/Wk |
| CIP039 | Fraud Prevention and Awareness | 4 |
| CIP110 | Essentials of Loss Adjusting | 4 |
| CIP130 | Essential Skills for the Insurance Broker and Agent | 4 |
| MSC310 | Decision Analysis I | 4 |
| MGS350 | Management Studies: Canadian Business Law | 4 |
| XXXXXX | General Education Option | 3 |
| Student Advisor: | Pana Mitusev Telephone: (416) 491-5050 Ext. 6216 Email: pana.mitusev@senecac.on.ca |
| Program Coordinator: | Jeff Shnier Telephone: (416) 491-5050 Ext. 6153 Email: jeff.shnier@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 |
| Admissions Advisors: | |
| Domestic Admissions Advisor: | Doug Hammond Telephone: (416) 491-5050 Ext. 2127 Email: doug.hammond@senecac.on.ca |
| International Admissions Advisor: | Susan Gao Telephone: (416) 491-5050 Ext. 2365 Email: susan.gao@senecac.on.ca |
| Registration & Records Advisor: | Barbara Byers Telephone: (416) 491-5050 Ext. 2495 Email: Barbara.Byers@senecac.on.ca |
Seneca College of Applied Arts and Technology