Program Objective

This Diploma in Finance Management is "Approved as a vocational program under the Ontario Career Colleges Act, 2005"

The objective of this diploma program is to provide students who intend to assume opportunities in Financial Analysis, Financial Management, Business Computer Applications, Taxation and Credit Planning. Students will develop an understanding of personal financial planning, taxation, marketing and business software. The program will give a strong understanding of the financial accounting, along with payroll and other key business concepts. They will also participate in two separate end of studies project or a practicum placement, which will give them the opportunity to put the classroom education to work in a real-world workplace.

Key Benefits

The aim of this subject is to provide students strong foundation in accounting, finance, and business starting from day one. Plus, they will develop the competencies today's employers demand – from technical skills to transferable ones, including problem-solving, communication, collaboration, and critical thinking.

Program Outline - NOC Code and Job Functions

Course Outline:

  • Introduction to Financial Accounting

  • Introduction to Financial Management

  • Core Concept of Accounting

  • Managerial Finance

  • Accounting, Assurance and the Law

  • Public Sector Accounting

  • Organizational Behaviour

  • Intermediate Financial Accounting

  • Taxation

  • Finance for Managers

  • Enterprise Risk Management - I

  • Enterprise Risk Management - II SOX

  • Case Study - Finance

Associated National Occupation Classification (NOC) Codes

After pursuing a Diploma in Finance Management, the graduates are eligible for positions falling under the following job titles under NOC 1112 and NOC 1311:

  • Chartered financial analyst

  • Financial analyst

  • Financial services research associate

  • Investment analyst

  • Money market analyst

  • Portfolio manager

  • Accounting bookkeeper

  • Accounting technician

  • Bookkeeper

  • Finance technician

Employment areas and Prospects

Accounting technicians and bookkeepers maintain complete sets of books, keep records of accounts, verify the procedures used for recording financial transactions, and provide personal bookkeeping services. They are employed throughout the private and public sectors, or they may be self-employed. Financial and investment analysts collect and analyze financial information such as economic forecasts, trading volumes and the movement of capital, financial backgrounds of companies, historical performances and future trends of stocks, bonds and other investment instruments to provide financial and investment or financing advice for their company or their company's clients. Their studies and evaluations cover areas such as takeover bids, private placements, mergers or acquisitions. Financial analysts are employed by a wide range of establishments throughout the private and public sector, such as banks, brokerage houses, insurance companies, investment companies, manufacturing firms, trust companies, utility companies and underwriting firms. Investment analysts are employed primarily by brokerage houses and fund management companies.

This group performs some or all of the following duties:

  • Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems

  • Post journal entries and reconcile accounts, prepare trial balance of books, maintain general ledgers and prepare financial statements

  • Calculate and prepare cheques for payrolls and for utility, tax and other bills

  • Complete and submit tax remittance forms, workers' compensation forms, pension contribution forms and other government documents

  • Prepare tax returns and perform other personal bookkeeping services

  • Prepare other statistical, financial and accounting reports

Financial analysts

  • Evaluate financial risks, prepare financial forecasts, financing scenarios and other documents concerning capital management, and write reports and recommendations

  • Plan short-term and long-term cash flows and assess financial performance

  • Analyze investment projects

  • Advise on and participate in the financial aspects of contracts and calls for tender

  • Follow up on financing projects with financial backers

  • Develop, implement and use tools for managing and analyzing financial portfolio

  • Prepare a regular risk profile for debt portfolios

  • Assist in preparing operating and investment budgets.

Mode of Training

This program is offered in-class format only.