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Business Administration - Financial Planning

Available: Summer, Winter, Fall

Program Description

Seneca's Business Administration – Financial Planning three-year advanced diploma puts you in demand with the financial planning expertise that employers demand. Develop in-depth knowledge of personal and financial planning that includes: personal taxation, estate planning, retirement planning, insurance, investment strategies and risk management. During the program you’ll have the opportunity to write professional certifications to give you that extra edge to be competitive in the marketplace.

Note: BAF students must obtain a minimum grade of C in FIS 403 and EAC 594 and a grade of B in RFC 121 to be eligible for Semester 5, and must maintain a minimum GPA of 2.7 each semester to remain in the program. If you fail to maintain a GPA of at least 2.7, you may be withdrawn or recommended to transfer to another program.



6 Semesters (3 Years)

Credential Awarded

Ontario College Advanced Diploma

Your Career

Toronto is the financial capital of Canada. The Toronto Financial Services Alliance (TFSA) reports that over 223,000 people work in the Toronto region's financial services sector, making it the third largest concentration of financial services employment in North America, after New York and Chicago. Over 75% of those employed hold postsecondary credentials and represent a third of Canada's financial sector employment. In the last decade the industry has added more than 62,000 employees in the Toronto region (Source: TFSA).

The financial services industry has a long history of attracting energetic and ambitious people who are looking for rewarding career opportunities. The industry is noted for its broad range of career paths, commitment to employee development and compensation structures difficult to find in other sectors of the economy.

Seneca's Business Administration - Financial Planning (BAF) program puts you in demand with the financial planning expertise employers seek and prepares you for careers in financial planning and wealth management. Upon graduation, you'll be ready to launch your career within the financial services sector with employers such as banks, trusts, insurance companies, brokerages and financial planning firms.

Financial Planning students enrol in both Canadian Investment Funds Course (CIFC)® and Canadian Securities Course (CSC)® at an additional cost.

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.

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
  Fall Winter Summer
Year 3 Semester 5 Work Term Semester 6

Professional Certification

During the program you'll have the opportunity to write the Canadian Investment Funds Course (CIFC)® exam to be eligible for mutual fund licensing, as well as the Canadian Securities Course (CSC)® exams to be eligible for a securities licence. In addition, as a graduate of BAF, you'll be qualified to challenge the Certified Financial Planner (CFP)® FPSC Level 1 Examination in Financial Planning.

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 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 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, BAF graduates are eligible to apply for their Certificate in Financial Services Advice (CFSA).

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

Related Careers


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 (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).

Program Costs

Choose academic year:

Tuition – Domestic


Tuition – International


Book & Supply Costs


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.


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

416.491.5050 ext. 22840

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.

416.491.5050 ext. 22608
Additional Contacts
Financial Aid & Awards

Program Coordinator

Peter Wan 416.491.5050 ext. 26762

Program Chair

Karen Murkar 416.491.5050 ext. 22337

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