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Business - Insurance

Business - Insurance

Program Code:BIN
Campus:Newnham
Duration:4 Semesters (2 Years)
Offered:Fall
Winter
Credential Awarded:Ontario College Diploma
Work-Integrated Learning:Optional Co-op

Program Description

The Business – Insurance program prepares you for a dynamic career in the property and casualty (general) insurance industry in Canada. 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. Your courses 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.

Admission Requirements

Program Eligibility:

  • Ontario Secondary School Diploma (OSSD) or equivalent with:
    • Grade 12 English: ENG4(C) or ENG4(U)
    • Grade 12 Mathematics: (C) or (U) or Grade 11 Mathematics: (U) or (M)
  • OR Mature Student Status (age 19 or older) with the above prerequisite course(s), their equivalent(s), or appropriate Academic and Career Entrance (ACE) Certificate program credits (see Academic Upgrading).

Fees

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Your Career

Fast-track your career by equipping yourself with the knowledge and skills essential for positions in the property and casualty insurance industry in Canada. Job opportunities are plentiful. 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 by 2017, and for management positions this number could be as high as 40%. As a graduate of Seneca's Business – Insurance diploma program, you'll earn up to eight credits toward the Chartered Insurance Professional (CIP) designation from the Insurance Institute of Canada (IIC) and be expertly prepared for a progressive career in claims, underwriting or brokerage.

Work-Integrated Learning - Optional

Optional Co-op

Students meeting all academic requirements may have the opportunity to complete an optional co-op work term(s) in a formal work environment. In most cases the work term(s) is a full-time paid position completed between two academic semesters.  In programs with limited co-op opportunities, additional academic requirements and a passing grade on a communication assessment may be required for eligibility.  Eligibility for participation does not guarantee a work position will be secured. Additional fees are required for those participating in the optional co-op stream regardless of success in securing a work position.

Transfer Credit/Pathways

The Degree and Credit Transfer Office provides a number of services for students continuing their education at Seneca, and for graduating students considering degree transfer options.

Through transfer agreements and institution partnerships, graduates of this Seneca College program may be eligible for credit at various post-secondary institutions. Please refer to the Degree Transfer Guide for more information.

Transfer Credit may be granted for courses deemed equivalent to courses at Seneca that have been completed at recognized postsecondary institutions. Additional information is available online.

Important Academic Dates

Please take a few moments to view Important Academic Dates for your relevant term.

Courses

Please select the curriculum from the Academic Year in which you started (or will be starting) your studies. An Academic Year begins in September and ends in August of the following year.

Also see: English and General Education requirements.

2017/2018 Academic Year

Core Curriculum:

 

The core curriculum is anchored on thirteen business courses and three general education electives. This allows for seamless articulation into this program by students with credits earned from other Seneca business programs.

Included in the program are the eight insurance courses that lead to the 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.

Semester 1
BAM101 Introduction to Business Administration
CIP011 Principles and Practices of Insurance
EAC150 College English
ISC100 Introduction to Seneca Studies
QNM106 Mathematics of Finance
 
Semester 2
ACC106 Accounting I
CIP012 Insurance on Property
CIP014 Automobile Insurance Part I
FCS240 Foundations of Customer Service
MRK108 Introduction to Marketing
WTP100 Work Term Preparation (Work-Integrated Learning option only)
plus: General Education Course
 
Work-Integrated Learning Term
BIN331 Business Insurance, Co-op (Work-Integrated Learning option only)
 
Semester 3
BUS400 Business Economics
CIP013 Insurance Against Liability Part I
CIP120 Underwriting Essentials
EAC594 Business Communications for the Digital Workplace
SMS202 Microcomputer Business Applications II
plus: General Education Course
 
Semester 4
BIN400 Professional Issues in Insurance
CIP039 Fraud Prevention and Awareness
CIP110 Essentials of Loss Adjusting
CIP130 Essential Skills for the Insurance Broker & Agent
MGS350 Management Studies: Canadian Business Law
plus: General Education Course
 
Note: The following course will not fulfill a General Education requirement: ECN550.

2016/2017 Academic Year

Core Curriculum:

 

The core curriculum is anchored on thirteen business courses and three general education electives. This allows for seamless articulation into this program by students with credits earned from other Seneca business programs.

Included in the program are the eight insurance courses that lead to the 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.

Semester 1
BAM101 Introduction to Business Administration
CIP011 Principles and Practices of Insurance
EAC150 College English
ISC100 Introduction to Seneca Studies
QNM106 Mathematics of Finance
 
Semester 2
ACC106 Accounting I
CIP012 Insurance on Property
CIP014 Automobile Insurance Part I
FCS240 Foundations of Customer Service
MRK108 Introduction to Marketing
CPP100 or
WTP100
Co-op Professional Theory (Work-Integrated Learning option only) or
Work Term Preparation (Work-Integrated Learning option only)
plus: General Education Course
 
Work-Integrated Learning Term
CWT100 or
BIN331
Work Term (Work-Integrated Learning option only) or
Business Administration - Human Resources, Co-op (Work-Integrated Learning option only)
 
Semester 3
BUS400 Business Economics
CIP013 Insurance Against Liability Part I
CIP120 Underwriting Essentials
EAC594 Business Communications for the Digital Workplace
SMS202 Microcomputer Business Applications II
CPP200 or
WIL100
Work-Integrated Learning Professional Practice (Work-Integrated Learning option only) or
Work-Integrated Learning (Work-Integrated Learning option only)
plus: General Education Course
 
Semester 4
BIN400 Professional Issues in Insurance
CIP039 Fraud Prevention and Awareness
CIP110 Essentials of Loss Adjusting
CIP130 Essential Skills for the Insurance Broker & Agent
MGS350 Management Studies: Canadian Business Law
plus: General Education Course
 
Note: The following course will not fulfill a General Education requirement: ECN550.

2015/2016 Academic Year

Core Curriculum:

 

The core curriculum is anchored on thirteen business courses and three general education electives. This allows for seamless articulation into this program by students with credits earned from other Seneca business programs.

Included in the program are the eight insurance courses that lead to the 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.

Semester 1
BAM101 Introduction to Business Administration
CIP011 Principles and Practices of Insurance
EAC150 College English
ISC100 Introduction to Seneca Studies
QNM106 Mathematics of Finance
 
Semester 2
ACC106 Accounting I
CIP012 Insurance on Property
CIP014 Automobile Insurance Part I
FCS240 Foundations of Customer Service
MRK108 Introduction to Marketing
plus: General Education Course
 
Semester 3
BUS400 Business Economics
CIP013 Insurance Against Liability Part I
CIP120 Underwriting Essentials
EAC594 Business Communications for the Digital Workplace
SMS202 Microcomputer Business Applications II
plus: General Education Course
 
Semester 4
BIN400 Professional Issues in Insurance
CIP039 Fraud Prevention and Awareness
CIP110 Essentials of Loss Adjusting
CIP130 Essential Skills for the Insurance Broker & Agent
MGS350 Management Studies: Canadian Business Law
plus: General Education Course
 
Note: The following course will not fulfill a General Education requirement: ECN550.

Contact Us

Admissions Advisors:
Domestic Admissions Advisor Angelie Ramirez
(416) 491-5050 Ext. 22058
Angelie.Ramirez@senecacollege.ca
International Admissions Advisor: International Admissions
(416) 491-5050 Ext. 22364
InternationalAdmissions@senecacollege.ca
Registration Advisor:
  Aarzoo Umari
(416) 491-5050 Ext. 22460
Aarzoo.Umari@senecacollege.ca
Program Contacts:
Student Advisor: Pana Mitusev
(416) 491-5050 Ext. 26216
Pana.Mitusev@senecacollege.ca
Program Coordinator: Jeff Shnier
(416) 491-5050 Ext. 26153
Jeff.Shnier@senecacollege.ca
Work-Integrated Learning Coordinator: Elaine Fenner
(416) 491-5050 Ext. 26995
Elaine.Fenner@senecacollege.ca
Program Chair: Karen Murkar
(416) 491-5050 Ext. 22337
Karen.Murkar@senecacollege.ca
Additional Contacts:
  Financial Aid & Awards

 

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