Financial Planning Certificate
Credential: Mohawk College Certificate
Program Number: 185
PROGRAM DESCRIPTION
CERTIFIED FINANCIAL PLANNER (CFP) is an internationally recognized professional designation that is administered by the Financial Planners Standards Council (FPSC). Mohawk has developed an in-house, four-course, Financial Planning Certificate that allows you to qualify for the accreditation exams of the FPSC.
Upon successful completion of the course material, you may write the CFP Accreditation exams which are scheduled in June and November each year. Accreditation also requires three years of practical experience, a capstone course (taken after the PE1 exam) and a PE2 exam (taken one year after the PE1 exam) to qualify for the CFP designation. Students applying these course for qualification for the FPSC PE1 exam must attain a grade of 60% or greater.
Courses in this program are currently offered through Distance Education only.
PROGRAM OF STUDIES
| Course Number | Course Name | Course Hours | Tentative Schedule* | ||
|---|---|---|---|---|---|
| Fall | Winter | Spring | |||
Mandatory Courses: |
|||||
| FINCFP011 | Financial Environment | 45 | X | X | X |
| FINCFP012 | Life and Death Issues of Financial Planning | 45 | X | X | X |
| FINCFP013 | Investment Planning | 45 | X | X | X |
| FINCFP014 | Retirement Issues and Case Studies | 45 | X | X | X |
| *FINCFP014 MUST be taken last | |||||
Course Descriptions
Financial Planning - FINCFP011
Examine the time value of money, setting financial goals, budgeting, personal financial planning and personal tax issues and strategies.
Investment Planning - FINCFP013
Develop an understanding of capital markets with attention to securities operation of securities markets, modern portfolio theory, Canadian financial markets, investor objectives and balancing risk and return.
Life and Death Issues of Financial Planning - FINCFP012
Analyze risk exposures and the strategies used to address them. Consider estate planning and the effects of different courses of action on the funds available to your heirs after death.
Retirement Planning and Case Studies - FINCFP014
Discuss key retirement planning issues including ensuring adequate retirement income, private and employer-sponsored pension plans, tax issues and accessing retirement savings. THIS COURSE MUST BE TAKEN LAST. Prerequisite Financial Planning (FINCFP011), Life and Death Issues of Financial Planning (FINCFP012) and Investment Planning (FINCFP013).
