Financial Planning 1

Course Code: BMFS 204

Academic Year: 2022-2023

This course, followed by 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 (CSI) for licensing purposes. In this course, students will become familiar with the financial planning process. Furthermore, they will learn about budget and savings planning, borrowing and mortgages and how investments and taxes impact financial planning. Insurance planning is another key component in financial planning, so this will be examined together with the broader concept of risk management. On successful completion, students will be able to implement best practices in budgeting, borrowing, constructing and analyzing personal financial statements.