Current Size: 100%
Business Management – Financial Services |
The Business School |
Program AvailabilityLakeshore Fall 2012: Open Winter 2013: Open |
|
|
Type:
Diploma
|
Campus:
Lakeshore
|
|
|
Program Code:
20061 |
Length: Humber Lakeshore Campus Four semesters, beginning in September and January |
|
|
CONTACT INFORMATION: Richard Kingston, program co-ordinator | 416.675.6622 ext. 3227 | richard.kingston@humber.ca
|
||
Developed with the Institute of Canadian Bankers (ICB) and industry professionals, Humber’s Financial Services diploma program is the only one of its kind in Ontario. Through this program’s current and relevant programming, you’ll become well-versed in all aspects of banking, investments, insurance and financial planning. You’ll also build essential business skills through courses in interpersonal communications, business writing and relevant computer software.
Get ready for the real world of financial services by learning from industry-experienced professors who have relevant academic credentials and who are committed to your success. Your practical training will include a work placement in the final semester and opportunities to prepare to obtain accreditations needed to work in the financial services industry. As a graduate, help individuals and businesses with everything from estate planning to life insurance to employee benefits to retirement planning.
More Canadians are looking for help with managing their money, which means greater opportunities for you to build a progressive and profitable career in the growing financial services sector.
As a financial services professional, you’ll use your strong understanding of economics and the financial services system, and your in-depth knowledge on the broad range of available financial tools and software to help clients achieve their financial goals. Your knowledge in financial planning and investing, and your passion for helping people achieve financial security, will make you a trusted resource among people seeking smart and sound advice about investing their money.
If you’ve got your sights set on working in Canada’s bustling financial services sector, now is the time – and Humber’s Business Management – Financial Services program is the way. Your career can take many different paths, including as a personal banking officer with a Canadian bank, investment advisor or broker’s assistant with an investment brokerage, financial advisor with a financial planning and/or insurance firm, or client service representative for a mutual fund company.
Our practical program curriculum prepares students to obtain a number of the accreditations required in the financial services industry, including the Canadian Securities Course (CSC) and Life Insurance (LLQP) licenses. Additionally, banking-specific courses allow students to pursue many specialty designations, including Professional Financial Planning (PFP) and Associate of the Institute of Canadian Bankers (AICB). Upon successful completion of the CSC and PFP, students may take the exam to acquire the Certified Financial Planner (CFP) designation of the Financial Planners Standards Council.
Our Advisory Committee provides productive and meaningful ties with the financial services sector. Regular committee input and review of our curriculum ensures our program is always on the cutting edge of industry developments.
A 150-hour (minimum) work placement gives students valuable practical industry experience and prepares them for immediate employment. Students find their own placement under the guidance of the program co-ordinator, and take career management workshops to develop effective job search skills.
Note: For further information, refer to the Selection Procedures section in this publication. Meeting the minimum requirements does not guarantee admission to the program.
Qualified graduates of this program may be eligible to apply their academic credits toward further study at many postsecondary institutions. For detailed information, visit our website at humber.ca/transferguide.
The 2012/2013 fee for two semesters is
– domestic $3,578.43
– international $12,800.
Amounts listed are the total of tuition, lab and material fees, student service and auxiliary fees for the first two semesters of the 2012/2013 academic year.
Fees are subject to change.
For more information visit Fees and Financial Assistance.
The industry associations cited above charge fees for their materials, which we use in our program and licensing exams. These fees (not including shipping and GST) in 2010 were: $823 for CSC 1 and 2 (includes writing both licensing exams), $450 for Financial Planning 1 (includes industry certification exam), $450 for Financial Planning 2 (includes industry certification exam), and $175 for LLQP.
Semester 1 | ||
| Course Code | Course | Credits |
| BECN 110 | Economics - Financial ServicesEconomics - Financial ServicesCourse Code: BECN 110 Credits: 3 This course introduces students to micro and macroeconomics. Microeconomics focuses on consumer demand, supply and the role of business in showing how society and individuals use limited resources to meet their needs. Macroeconomics explains the importance of total Canadian production and spending and how government controls the economy to achieve certain basic goals. | 3 |
| BISM 120 | PC EssentialsPC EssentialsCourse Code: BISM 120 Credits: 3 Technology has transformed our lives in the last decade and strong computer skills have become crucial to finding employment in management and administration. This course provides students with resources and guidance to develop skills in Microsoft Office 2010 applications, focusing on four key areas: Windows 7, Word, PowerPoint, and Excel. While learning about Office 2010, students will develop skills in self-discipline, time management, and detail orientation. | 3 |
| BMAT 220 | Mathematics of FinanceMathematics of FinanceCourse Code: BMAT 220 Credits: 3 This course introduces commercial and financial mathematics. Procedures to establish price in manufacturing, wholesaling, distributing and retailing are discussed. Problems involving compound interest and annuities are solved. This knowledge is used in investment decision applications. | 3 |
| BMFS 100 | Interpersonal Communications - Financial ServicesInterpersonal Communications - Financial ServicesCourse Code: BMFS 100 Credits: 3 This course introduces the concept of relationship banking and explains how it is achieved through effective communication techniques. Students are introduced to the basic theory of communication and address such practical skills as effective questioning and listening and examine the interpersonal skills necessary to effectively manage customer and colleague relationships. The course focuses on the mechanics of communication and is structured to provide ample opportunity to practice these techniques. | 3 |
| BMFS 202 | Financial Products and ServicesFinancial Products and ServicesCourse Code: BMFS 202 Credits: 3 Using the conceptual framework developed by the Institute of Canadian Bankers, this course examines and classifies the generic characteristics of financial products and services provided by financial institutions. The goal of the course is to provide financial services professionals with the knowledge and skills necessary to match a client's financial needs with appropriate products and services. | 3 |
| COMM 200 | College Writing SkillsCollege Writing SkillsCourse Code: COMM 200 Credits: 3 College Writing Skills emphasizes elements of the writing process. Although subject matter and format may change from one program to another, the skills necessary for effective writing remain the same, as do the professional standards that all Humber students are expected to attain.
Students will practice the reading and writing skills that will be valuable in their college programs and build a strong base for professional business writing. Those students who plan to further their studies will develop the fundamental skills for writing acceptable academic English.
To help students reach these goals, the course covers the following: analytical reading and critical thinking; essay organization and development; and the elements of clear writing, including grammar and punctuation skills.
To complete COMM 200 successfully, students must produce writing that meets or surpasses the minimum departmental standards as set out in the attached criterion sheet.
| 3 |
Semester 2 | Course Code | Course | Credits |
| BMFS 302 | Canadian Financial SystemCanadian Financial SystemCourse Code: BMFS 302 Credits: 3 The Canadian Financial Systems course explains how the Canadian financial system is organized to provide economic efficiency and how it performs its functions by studying the theories of financial transactions and process of financial intermediation. The course describes the activities of the financial players such as the Bank of Canada, banks and near banks, money and capital markets and businesses in providing competiveness and efficiency. The course provides students with a deeper understanding of the role of money and the Bank of Canada, and of how the system is regulated by various government agencies. In the end, the students will be able to apply how the above financial market players help achieve greater economic efficiency and overall performance of the economic performance. | 3 |
| BMFS 303 | Accounting - Financial ServicesAccounting - Financial ServicesCourse Code: BMFS 303 Credits: 3 This course is designed to develop a working knowledge of financial statements and generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS). Emphasis will be on a practical approach to analyses and forecasting techniques, primarily from the perspective of bankers and managers. There is no prerequisite accounting course required for this course. | 3 |
| BMFS 304 | Canadian Securities 1Canadian Securities 1Course Code: BMFS 304 Credits: 3 This course, followed by Canadian Securities 2, is meant to assist students in preparing for investment and/or financial planning careers in the financial services industry. On completion of each course, students will be eligible to sit an examination set by the Canadian Securities Institute for licensing purposes. In this first course, students will come to understand the various financial markets, and become familiar with corporations and their financial structures. Further, they will analyze and interpret corporate financial statements and data, distinguish between debt and equity instruments and their financing methods. | 3 |
| BMFS 410 | Insurance - Financial ServicesInsurance - Financial ServicesCourse Code: BMFS 410 Credits: 3 This course examines the fundamentals of the life and health insurance industry in Canada and the types of insurance products available to meet the needs of the Canadian consumer. Students will review the industry overall, and fundamental elements of the law and insurance. They will also review needs assessment and the application process, as well as the basics of product pricing. The course finishes with a detailed examination of the types of life and health insurance, group benefit plans, government programs and financial security. | 3 |
| COMM 300 | Business Writing SkillsBusiness Writing SkillsCourse Code: COMM 300 Credits: 3 Business Writing Skills introduces students to the strategies of effective written workplace communication. This course is designed to build on and reinforce the writing skills developed in COMM 200 and requires students to apply these skills to vocationally relevant assignments. Students will learn how to select and organize pertinent information according to purpose and audience and will practise presenting their ideas clearly, precisely, and effectively in various written formats. To complete COMM 300 successfully, students must produce writing that meets or surpasses the minimum departmental standards as set out in the criterion sheet. | 3 |
| HUMA 024 | Humanities: An Introduction to Arts and ScienceHumanities: An Introduction to Arts and ScienceCourse Code: HUMA 024 Credits: 3 The Humanities course focuses on fundamental questions individuals ask of themselves as they proceed through life. Why are we the way we are? Do we have free will or are we prisoners of our past experience or our biological inheritance? What motivates societies to change? Why do societal changes so often divide people into opposing camps? Why do so many people find contemporary life at home, at work, and in the community unfulfilling? What constitutes good government? How should injustice be fought? Can nations successfully deal with global problems? What is science and how does it differ from other kinds of inquiry? Can scientists provide solutions to the problems we face? What is art and does it offer answers of its own? What is its relationship to beauty, to knowledge, and to ethics? Is objectivity about art (or anything) possible? These questions are organized into units that begin with issues concerning the nature of the individual and then extend outward to various social, cultural and physical contexts.
The issues explored in this course are too complex to have any one right answer. Rather, individuals must search for answers that make sense of their experiences via various theoretical perspectives. The Humanities course supports this endeavour through study of different thinkers presented in the readings and exploration of different points of view explored in class discussions.
ESL students should consider taking the ESL Humanities course. Students may transfer into
ESL Humanities (HESL 024) either at the Registrar?s Office or the School of Liberal Arts & Sciences
Office (K201) on a first-come, first-served basis before the Last Day to Add. | 3 |
Semester 3 | Course Code | Course | Credits |
| BMFS 305 | Consumer CreditConsumer CreditCourse Code: BMFS 305 Credits: 3 This course will provide students with a detailed understanding of the various types of consumer credit from credit cards to personal loans, credit lines and mortgages. Students will also develop an extensive knowledge of consumer-credit terminology, and the unique characteristics of each type of credit facility. Understanding the application and assessment processes for each type of credit is an integral component of the course, and students will obtain practical experience in these areas through a variety of role-plays and simulations. Finally, the course will introduce students to the legal and ethical considerations involved in consumer lending. | 3 |
| BMFS 306 | Customer Service and Consumer BehaviourCustomer Service and Consumer BehaviourCourse Code: BMFS 306 Credits: 3 BMFS306 provides a marketing overview with a focus on financial services. It follows a three-pronged approach: | 3 |
| BMFS 412 | Canadian Securities 2Canadian Securities 2Course Code: BMFS 412 Credits: 3 This course, preceded by Canadian Securities 1, is meant to assist students in preparing for investment and/or financial planning careers in the financial services industry. On completion of each course, students will be eligible to sit an examination set by the Canadian Securities Institute for licensing purposes. In this second course, students will build upon their knowledge of financing alternatives and examine financing instruments from an investor's perspective. They will analyse and compare commonly available investment products and their features. They will further examine financial markets and their regulatory structures. Students will also study taxation implications for investors and will look into portfolio management. | 3 |
| BMFS 449 | Financial Services Pre-PlacementFinancial Services Pre-PlacementCourse Code: BMFS 449 Credits: 3 In the course, students will learn about the job search process, how to construct an effective resumé and cover letter, and how to present themselves properly in job interviews. They will have the opportunity to meet with employers and discuss future job opportunities with them. | 3 |
| BMFS 512 | Financial Planning 1Financial Planning 1Course Code: BMFS 512 Credits: 3 This course, followed by the Professional Financial Planning 2, is meant to assist students in preparing for financial planning careers in the financial services industry. On completion of both courses, students will be eligible to sit an examination set by the Canadian Securities Institute Global Inc. (CSI) for licensing purposes. | 3 |
| GNED 000 | General Education ElectiveGeneral Education ElectiveCourse Code: GNED 000 Credits: 3 The following courses represent the GNED General Education electives that you can choose from as part of your program's curriculum. Anthropology | 3 |
Semester 4 | Course Code | Course | Credits |
| BMFS 401 | Bank Financial ManagementBank Financial ManagementCourse Code: BMFS 401 Credits: 3 Bank Financial Management provides an introduction to the decisions made by the financial management team of a bank, and examines how they affect customers, employees and shareholders. The course introduces the factors that contribute to these decisions, in order to better equip the employee to understand and explain the impact of these decisions to clients. Students will utilize an integrated learning package, including computer simulation, to facilitate the understanding of Risk-Return trade-offs and other variables that influence the financial decision-making process. The course instills a practical appreciation for these concepts through the simulation software, and students will have the opportunity to weigh these risk-return trade-offs within the context of maximizing bank profitability. | 3 |
| BMFS 404 | Professional Selling - Financial ServicesProfessional Selling - Financial ServicesCourse Code: BMFS 404 Credits: 3 This integrative course is designed to provide students with a basic understanding of the selling profession and sales culture within the financial services industry. The students will understand the skills required to be successful in this field, including sales targets, prospecting, strategic selling principles, sales meetings, sales presentations and negotiations. Emphasis will be on developing confidence and professionalism in the selling interaction and enhancing the student's communications, listening, team participation, analytical and problem-solving skills. | 3 |
| BMFS 405 | Bank Systems and ComplianceBank Systems and ComplianceCourse Code: BMFS 405 Credits: 3 This course will give students a working knowledge of the transactional and managerial systems in financial institutions, along with legislation, regulation and industry compliance codes that are directly associated with financial products and services. Students will be introduced to the various client interface, support and accounting systems, and detailed records available to assist clients with managing their finances. Students will also explore how client and management information systems integrate to produce the detailed reports necessary to monitor the progress of the organization toward the achievement of its goals and objectives. The course will introduce and expose students to the various tools, practices and techniques used in determining and meeting customer needs, maintaining client records, and tracking and monitoring sales results while meeting compliance needs for privacy and anti-money-laundering. | 3 |
| BMFS 450 | Business PlacementBusiness PlacementCourse Code: BMFS 450 Credits: 4 In this course students will gain relevant work experience by participating in a minimum 150-hour, paid or unpaid work placement. Students will be required to document the employment experience. Employers will play a key role in the evaluation process. | 4 |
| BMFS 604 | Financial Planning 2Financial Planning 2Course Code: BMFS 604 Credits: 3 This course, preceded by Financial Planning 1, is meant to assist students in preparing for financial planning careers in the financial services industry. On completion of both courses, students will be eligible to sit an examination set by the Canadian Securities Institute Global Inc. (CSI) for licensing purposes. | 3 |
| GNED 000 | General Education ElectiveGeneral Education ElectiveCourse Code: GNED 000 Credits: 3 The following courses represent the GNED General Education electives that you can choose from as part of your program's curriculum. Anthropology | 3 |
Humber offers pathways from Ontario college diplomas to Humber degrees. Find out where your diploma can take you.
You can also choose another postsecondary institution. Humber has formal articulation agreements indicating the specific transfer arrangements from a Humber program to a particular degree program, as well as general policies on admissions at specific institutions. Click here to find out more.
