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Campus
Duration
6 Semesters (3 Years)
Credential Awarded
Ontario College Advanced Diploma
School
Accounting & Financial Services

About the Program

This three-year advanced diploma program will develop your in-depth knowledge of personal and financial planning including personal taxation, estate planning, retirement planning, insurance, investment strategies and risk management. In this program you will also have the opportunity to write various professional certifications required to excel in the financial sector.

As a student of Business Administration - Financial Planning, you must fulfill the following academic requirements to be eligible for semester 5:

  • Earn a minimum C grade in FIS 403 and EAC 594 and,
  • A minimum B grade in RFC 121. 

Additionally, you must maintain a minimum GPA of 2.7 each semester to remain in the program otherwise you may be asked to withdraw or recommended to transfer to another program, such as Pre-Business or Business diploma. 

 

Work Experience

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.

To be eligible to apply for the optional co-op, students must complete all subjects from semesters 1 through 4 and must maintain a minimum GPA of 3.0 or better, along with meeting the above minimum course grade requirements.

Work-Integrated Learning Model
  September January May
Year 3 Semester 5 Work Term Semester 6

Your Career

As a graduate of this program, you may pursue future career options within:

  • Banks
  • Trusts
  • Insurance companies
  • Brokerages
  • Financial planning firms

Related Careers

Skills

Throughout this program you will develop the following skills:

  • Ability to use financial planning software

  • Communication and interpersonal skills

  • Ethics and professionalism

  • Sales and marketing 

Professional Certification

During the course of this program, at an additional cost, you will have the opportunity to write:

  • The Canadian Investment Funds Course (CIFC)® exam to be eligible for mutual fund licensing and,
  • The Canadian Securities Course (CSC)® exams to be eligible for a securities license.

In addition, as a graduate of BAF, you will be qualified to challenge the Certified Financial Planner (CFP)® FPSC Level 1 Examination in Financial Planning. 

Courses within the School of Accounting and Financial Services remain current for 10 years according to CPA policy. Any credits completed more than 10 years prior to an application for transfer credit or equivalency will not be considered. More information is available on the Life of a Credit web page.

Personal Financial Planner (PFP®) Designation

Seneca's Business Administration - Financial Planning program is an approved educational path to the Personal Financial Planner (PFP®) designation. It may prepare you to write the Applied Financial Planning Certification examination which is necessary to obtain the Personal Financial Planner (PFP®) designation. Upon successful completion, 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.

As a graduate of this program, you must apply to write the Applied Financial Planning (AFP)® Certification examination within 5 years of graduation. You will then have seven years from the date of successful completion of the AFP certification examination to gain the three year's required experience and apply for the PFP® designation. In addition, because BAF is an approved PFP learning Path, you may be eligible to apply for their Certificate in Financial Services Advice (CFSA)®.

Within the School of Accounting and Financial Services, the CPA policy of a ten-year course currency is applied as part of the Seneca’s Life of Credit (academic policy). Credits completed more than 10 years prior to an application for transfer credit or equivalency will not be considered.