Learn more about the academic programs we are delivering in Summer 2024. If you have any questions about part-time studies, please contact us.

 

Business - Insurance

Ontario College Diploma

Related Studies


 

Overview

 

Note: This program is unavailable until further notice. Current students should contact the Academic Program Manager for more information. Thank you.

Curriculum

 

Note: This program is unavailable until further notice. Current students should contact the Academic Program Manager for more information. Thank you.

Program Outcomes

As a graduate, you will be prepared to reliably demonstrate the ability to:

  • Describe the impact of major economic systems and current trends on Canadian society and business generally and the general insurance industry specifically.
  • Discuss the major categories of insurance and the purpose, structure and functions of industry organizations.
  • Analyze the terms of basic fire policy, automobile liability coverage, and coverage under accident benefits using risk assessment models.
  • Develop an effective plan that incorporates industry standards for claims investigation. Explain the basis of evaluation to meet the insurer's obligations.
  • Describe risk underwriting in property, liability and automobile insurance, and evaluate the significance of the application, the loss experience and the impact of the Canadian legal system.
  • Design, construct and use spreadsheets that will provide meaningful information to support decision making and problem solving.
  • Use general accounting principles and follow internal control procedures to solve a variety of business problems.
  • Explain the communication process and apply principles of effective communication in listening, speaking and writing.
  • Identify sources of conflict and effectively utilize conflict management techniques.
  • Analyze supply, demand, and price levels to demonstrate the functioning of the Canadian markets.
  • Analyze legal problems of business in general and the general insurance industry specifically as a way of demonstrating the structure and processes of the Canadian legal system.
  • Explain how brokerage and marketing objectives affect brokerage sales plans, taking into consideration the various components of a firm's marketing plan.
  • Write business communications that are grammatically sound and appropriate in tone given a particular audience and purpose.
  • Analyze the dynamics and trends in global business including social, political and economic factors.
  • Identify ethical issues, social responsibility and legal issues affecting Canadian business.
  • Identify ethical behaviour and social responsibility through the use of case studies.

OSAP Funding Available

This program is eligible for OSAP funding.

Course load is used by OSAP to determine funding options for programs.

If you are taking one to two courses at the same time, you may be considered for part-time student grants and loans.

  • one course (20 per cent)
  • two courses (40 per cent)

If you are taking three or more courses at the same time, you may be considered for full-time student grants and loans.

  • three courses (60 per cent)
  • four courses (80 per cent)
  • five courses (100 per cent)

To find out if you qualify and to learn how to apply, please visit the OSAP website.

For information on other awards and financial assistance, please see Financial Aid.

Credit for Prior Learning

Prior Learning Assessment

Earn college credits for what you already know.
Prior Learning Assessment is a method of assessing and recognizing learning that is equal to college level learning, but has been gained outside a traditional classroom (through work experience, volunteering, outside study, etc.). If you can prove that the knowledge you have gained meets the outcomes of a Seneca course, then credit will be awarded.

How does the PLA process work?
Prior Learning is demonstrated through a "challenge" process. The process measures learning through a variety of methods which may include tests, portfolio assessment, interviews, demonstrations, essays, and work samples. The method used will be determined in consultation with a Program Coordinator.
For more information and to determine if you are eligible for PLA, please call the Program Coordinator.

The process may take from 6 to 8 weeks.

Note: Not all courses can be challenged. For more information go to PLA website or contact your Program Coordinator.

Transfer Credit

Many students who enter Seneca College will have earned academic credits in post-secondary educational institutions which they may be able to apply toward completion of a Seneca College program.

Requests for Transfer Credit must be for a specific course and must be accompanied by an official transcript and course outline. A minimum grade of "C" (60 percent) is generally required for a course to be considered for Transfer Credit.

Download a Transfer Credit Request form. An official copy of your transcript and applicable detailed course outlines should be attached and submitted. Please note it may take 4 to 6 weeks for a Transfer Credit decision.

More Information

Please visit the Office of the Registrar.

Graduation/Convocation

When you meet all program requirements and become eligible for a certificate, diploma, or degree, you must inform the Registrar by completing a Graduation Application form and paying the graduation and alumni fee. Certificates, diplomas, and applied degrees are issued twice a year in the Fall (October) and Spring (June).

For further information including deadlines and fees, please visit the Convocation website or contact the Convocation Office at theservicehub@senecapolytechnic.ca.

Minimum Performance for Graduation

A student will be eligible to graduate from a certificate, diploma, advanced diploma or graduate certificate program if they have achieved a minimum graduating GPA of 2.0.

A student will be eligible to graduate from a degree program if they have achieved a minimum graduating GPA of 2.5, which includes a minimum GPA of 2.5 in the courses in their main field of study and a minimum GPA of 2.0 in breadth courses.

Diploma to Degree

Congratulations on finishing your diploma. Now you can turn it into a degree. We offer the Bachelor of Interdisciplinary Studies Degree through part-time studies here at Seneca. Please go to the Interdisciplinary Studies Degree link for more information about this program and how to apply your diploma through credit transfer.

Here are some degree options that may also be of interest to you.

Program Contacts

Lisa Ballantyne
Academic Program Manager
lisa.ballantyne@senecapolytechnic.ca
437-312-0065


For more information about this program, fill out the following form.