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Business Administration - Accounting & Financial Planning

Available: Summer, Winter, Fall

Program Description

Please note: Students interested in the AFP program must enrol in ACF (Accounting and Finance) and transfer to AFP in semester 4.

Seneca's Business Administration - Accounting and Financial Planning program addresses the growing need that the expanding population of baby boomers has for accountants with financial planning expertise. It is the premier program to deliver courses that provide a foundation in accounting and a specialization in financial planning, skills much in demand in the growing financial services sector, a significant contributor to Canada's economic growth.

As a student of AFP, you'll be introduced to the modern technological environment of business, extensively using spreadsheet (Excel), database (Access) and accounting applications (Microsoft Dynamics).

Note: Students must complete Introduction to Financial Planning, prior to the 5th semester.

Campus

Duration

6 Semesters (3 Years)

Credential Awarded

Ontario College Advanced Diploma

Your Career

Prepare for careers in both accounting and/ or financial planning – at the same time. As a graduate of the AFP program you will be eligible to write the Professional Competence Examination 1 (PCE1) for the Certified Financial Planner (CFP) designation and the Canadian Securities Course (CSC). Equip yourself with the financial planning and advising skills needed for rewarding careers in professional accounting firms, financial institutions, insurance companies, financial planning companies, the public sector and in accounting within all types of business and market sectors.

What You Learn

Accounting and Finance:

  • Financial statements
  • Management accounting and cost control
  • Accounting information systems and technologies
  • Budget preparation
  • Cash and debt management skills
  • Statistical and mathematical techniques for financial management
  • Financial analysis, planning and control

Financial Planning:

  • Tax planning for individuals
  • Investment planning
  • Estate planning
  • Retirement planning
  • Risk management
  • Developing comprehensive personal financial plans

Management:

  • Management principles and practices
  • Communications, critical thinking and team building

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.

Work-Integrated Learning Model
  Sept-Dec Jan-Apr May-Aug
Year 3 Semester 5 Work Term Semester 6
Non Work-Integrated Learning Model
  Sept-Dec Jan-Apr
Year 3 Semester 5 Semester 6

Professional Certification

This is a rigorous program leading to a variety of career and educational opportunities. Upon graduation, you’ll be eligible to write the Professional Competence Examination 1 (PCE1) leading to CFP certification approved by the Financial Planning Standards Council (FPSC). In addition you’ll study courses that prepare for the Canadian Securities (CSC) exams as part of the curriculum at an additional cost.

Personal Financial Planner (PFP®) Designation

Seneca's Business Administration - Accounting and Financial Planning program is an approved educational path to the Personal Financial Planner (PFP®) designation. It prepares students to write the Applied Financial Planning Certification examination which is necessary to obtain the Personal Financial Planner (PFP®) designation.Students successfully completing this Canadian Securities Institute (CSI) approved educational path who wish to receive the Personal Financial Planner (PFP) designation must also meet the three-year work experience requirements to be eligible for PFP licensing. Read more on the Canadian Securities Institute website Individuals who have graduated from the Seneca program must apply to write the Applied Financial Planning (AFP) Certification examination within 5 years of graduation. Candidates will then have seven years from the date of successful completion of the Applied Financial Planning certification examination to gain the three year's required experience and apply for the PFP® designation. In addition, because Seneca's AFP program is an approved PFP Learning Path, graduates are eligible to apply for their Certificate in Financial Services Advice (CFSA).

PFP Logo

Related Careers

PROGRAM LEARNING OUTCOMES

This Seneca program has been validated by the Credential Validation Service as an Ontario College Credential as required by the Ministry of Advanced Education and Skills Development.

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)

Application Selection

  • Should the number of qualified applicants exceed the number of available places, applicants will be selected on the basis of their proficiency in English and Mathematics.

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.

Program Costs

2017-18 ACADEMIC YEAR

Tuition – Domestic

$3,923

Tuition – International

$14,410


Please note: All costs are approximate, may vary by campus and are subject to change at any time without notice. Parking, locker and some mandatory incidental fees are among the charges not included in the figures above.

Program Details

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.

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

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.

Admissions

Need to know more about your application and/or the application process? Reach out to our admissions advisors for assistance.

Domestic
Admissions 416.491.5050 ext. 22840 admissions@senecacollege.ca
International

Student Recruitment

Have questions about Seneca’s campuses, financial aid, student supports and more? Connect with one of our student recruiters for more information or to book a campus tour.

Student Recruitment
Additional Contacts

Program Chair

Karen Murkar 416.491.5050 ext. 22337 Karen.Murkar@senecacollege.ca

Why Choose Seneca?

Passionate, expert faculty from a range of professions


Real-world learning experiences through paid and non-paid work opportunities


Curriculums developed in collaboration with industry advisory committees


A variety of credentials offered from certificates, diplomas, degrees, and graduate certificates


Opportunities to pathway to higher level credentials at Seneca and other universities in our transfer partnership network