The Business Administration – Finance advanced diploma program provides students with the knowledge and skills to work in the financial services sector. The financial services sector continues to grow and adapt to the needs of clients through the use of technology. People with customer service skills and knowledge of financial planning, call centre operations, investments and risk management are needed in this fast paced environment.
Upon completion of this program, graduates will be able to help clients take steps to achieve their life goals through an integrated approach to the management of all their financial affairs, including such areas as:
- Financial Management – assess the client’s current and future financial position, based upon their cash flow, budget and net worth.
- Investment Management – assess the nature of the client’s assets based on their risk tolerance, time horizon and expected rates of return
- Retirement Planning – compare the client’s expected lifestyle in retirement to their current retirement assets and planned savings
- Tax Planning – assess the client’s current and future tax obligations and strategies employed to minimize or defer taxation
- Insurance and Risk Management – manage the client's exposure to an unexpected financial loss due to death, health issues, property damage and other risks.
- Estate Planning – assess how the client can meet their objectives upon death in the most efficient and cost-effective manner
- Prepare a comprehensive financial plan for a client situation, integrating and prioritizing the activities listed above
