Business Administration: Financial Management

CampusStart DateTuition/Fees
Saint JohnSeptember 2024 (Blended Delivery) Domestic | International
MonctonSeptember 2024 (Blended Delivery) Domestic | International

Program Overview

Whether it’s a business or an individual, making smart financial decisions is a must in this world. Financial managers are trusted advisors who make recommendations and decisions that help people and organizations make the most of their money. Imagine helping your clients enjoy the comfortable retirement they've worked all their lives for or helping your employer make financing decisions to help grow the company. Every day, our advice helps others achieve their financial goals. If you've got an interest in money and making it grow, financial management is an education that you can literally take to the bank.

In our Business Administration: Financial Management program, you'll learn about risk and return, portfolio evaluation, securities terminology, market operations, financial planning, the psychology of investing, insurance basics, and sales techniques. The program incorporates the nationally recognized Canadian Securities Institute and Investment Funds Institute of Canada curriculums. When you graduate, you'll have the expertise to research and analyze companies and effectively communicate your findings and recommendations. From cryptocurrency to eco-investing, the financial landscape is constantly evolving. Enroll today in the Business Administration: Financial Management program and pursue a career helping people and companies be at the top of their financial game.


Duration

The requirements for this diploma program may be achieved within two academic years of full-time study.


Admission Requirements

    Profile B

  • High School Diploma or Adult High School Diploma or GED Diploma of High School Equivalency or Essential Skills Achievement Pathway: Post-Secondary Entry High School Diploma
    • Foundations of Mathematics 110
      or
      Geometry and Applications in Mathematics 112 and Functions and Relations 112

      NB Francophone High School Math Equivalencies
      International Student Admission Equivalencies


      Career Possibilities

      Money is a global language, which means that financial managers can find opportunities worldwide in many areas of the financial sector. Career possibilities include employment as financial managers, insurance, real estate and brokerage managers, banking, credit and investment managers, financial and investment analysts, and securities agents.

      The Business Administration: Financial Management diploma also prepares you to write the Canadian Securities Course Examination or the Canadian Investment Funds Exam to earn official professional designations. In addition, your diploma can be used to gain admission to the third year of bachelor’s degree programs at several universities. Whether you go directly into the working world or continue furthering your education, you'll have a solid foundation to build on.

      Find career possibilities related to this program in Career Coach.



      Specific Considerations

      Graduates of the two-year Business Administration: Financial Management program may be able to transfer into the third year of four-year degree program at numerous university partners.

      The Business Administration: Financial Management program will prepare you to write Canadian Securities Course Examinations or the Canadian Investment Funds Exam.

      Technology Requirements
      NBCC is a connected learning environment. All programs require a minimum specification, including access to the internet and a laptop. Your computer should meet your program technology requirements to ensure the software required for your program operates effectively. Free wifi is provided on all campuses.


      Areas of Study

      • Financial Accounting
      • Business Law
      • Business Computer Applications
      • Business and Financial Math
      • Economics
      • Insurance for Financial Planning
      • Financial Data Analysis
      • Canadian Securities
      • Fundamental Analysis
      • Business Communication
      • Sales
      • Customer Service
      • Behavioural Finance


      Program Courses

      Courses are subject to change.

      This course provides a general overview of the Canadian business environment as well as the various functional areas of a business. Focus will be placed on the interrelationships between the functional areas of business, such as finance and accounting, sales and marketing, human resources, operations and logistics. The course will also introduce business structures, the role of government, business ethics, social responsibility and entrepreneurship. The course will provide a basic understanding of Canadian business practices and terminology and the concepts of macro and micro environments will be introduced.

      This course is designed to allow the learner to work independently in an industry setting related to their field of study. Learners are expected to follow the work schedule of the practicum host. The duration of this practicum is five (5) weeks.

      This course is designed to strengthen fundamental skills in written communications.  This course focuses on how to write clear, effective sentences and paragraphs, create organized, unified, and coherent business messages and documents. Emphasis will be placed on recognizing the importance of communicating for the intended purpose and audience. The students will apply the stages of the writing process to business writing: prewriting, writing, and revising, as well as research, prepare, format, draft, proofread and edit a series of documents commonly used in business.

      This course is designed to develop professional verbal communication and presentation skills for the business environment. Emphasis is placed on verbal communication techniques, strategies, and presentation tools to deliver oral presentations with confidence and professionalism.

      This course is designed to introduce a wide range of macroeconomic topics. Focus is placed on aggregate supply and demand, fiscal policy, unemployment, inflation, money and banking, monetary policy, as well as international trade and trade policy.

      This course is designed to introduce the principles of economics and the economic behaviour of individuals and businesses. The course examines the roles of business, individuals, and government in the market system. Course topics also include the supply and demand model, market structures, price elasticity and regulations.

      This course is designed to examine the challenges and successes of corporate social responsibility. Focus is placed on exploring corporate social responsibility as the continuing commitment by business to contribute to economic development while improving the quality of life for the workforce, their families and society at large. Focus also includes the application of ethical concepts and principles to make thoughtful and responsible ethical decisions for a business.

      This course introduces accounting concepts. Focus will be placed on recording financial transactions for the complete accounting cycle, inventory, and related ratio analysis.

      This course expands on transactions related to assets and current liabilities.  Focus will be placed on cash, receivables, capital assets, payables, basic payroll transactions, related ratio analysis and an introduction to various forms of businesses.

      Prerequisites:

      • GACG1126A

      This course is designed to introduce the basic principles, aspects, and features of insurance as they relate to financial planning. Focus is placed on the full policy cycle and a broad range of types of insurance including life, disability, and critical illness. 

      This course is designed to provide an overview the investment management environment in Canada, including the principal financial institutions, regulatory framework and the different types of securities.  The role and responsibilities of the investment manager will also be explored.

      This course is designed to explore psychological factors that impact investor behaviour. Focus is placed on examining common cognitive and emotional errors the investor makes and tracing them back to the root psychological causes. Focus also includes identifying strategies to guide investors to make more effective decisions.

      The course is designed to provide an overview of the financial markets in Canada and examine the regulation of these markets. Focus is placed on building knowledge of Canada's financial system and the tools necessary to make informed investment decisions and recommendations. Additional emphasis is placed on how this knowledge and these tools are used in security selection and portfolio construction.

      Prerequisites:

      • MATH1277A

      This course is designed to build on prior knowledge of financial markets. Focus is placed on calculating risks and returns of investments and investment portfolios, the benefits of diversification of investments through portfolio management, and portfolio theory. Emphasis is also placed on fundamental and technical analysis.

      Prerequisites:

      • INVE1027B

      This course is designed to introduce the Canadian securities market and prepare learners to write the first of two exams for the Canadian Securities Course (CSC), administered by the Canadian Securities Institute (CSI). Focus is placed on providing an overview of the economy and capital markets by examining economic indicators, market securities, financial intermediaries, regulatory landscape, and corporate financial statements.

      Prerequisites:

      • INVE1028A

      This course is designed to build on the knowledge gained in Canadian Securities I and to prepare learners to write the second exam for the Canadian Securities course, administered by the Canadian Securities Institute (CSI). Focus is placed on fundamental and technical analysis, the portfolio approach to investment management, and the types of managed and structured products that can make up a portfolio. Emphasis is also placed on taxation, ethics, the financial planning process, and the institutional marketplace.

      Prerequisites:

      • INVE1029A

      This course is designed to prepare for the Investment Funds Institute of Canada’s (IFIC) Canadian Investment Funds Course (CIFC) exam. Focus is placed on the Canadian financial marketplace, the duties and obligations of a mutual fund salesperson, and the regulations that govern salesperson’s activities.  Additional emphasis is placed on the different types of investments and mutual funds, mutual fund mechanics, management styles, retirement and tax planning, and client advising.

      Prerequisites:

      • INVE1028A

      This course is designed to create a complete financial plan for a client.  Focus is placed on the application of the steps in the financial planning process, including the consideration of the client’s goals, time horizon, and risk tolerance.  

      Prerequisites:

      • MATH1278B
      • INVE1027B

      This course is an introduction to basic concepts in Canadian law that pertain to business. It provides students with an overview of various acts and legislations that govern the marketplace. Topics include contract law, tort liability, employment legislation, intellectual property, and real property.

      This course is designed to introduce the Canadian Income Tax and Benefit return.  Focus is placed on completing basic, personal Canadian Income Tax and Benefit returns with the most common sources of income, deductions, and non-refundable tax credits.

      This course develops arithmetic and algebraic skills to solve mathematical problems related to business. Business calculations include gross earnings, commission, taxes, break-even analysis, cost-volume-profit analysis, trade and cash discounts, markups, markdowns, and simple interest.

      This course is designed to develop skills in financial mathematics. The primary focus is calculating compound interest. Topics include loans, invested sums of money, annuities, amortization, mortgages, sinking funds, and bonds.

      Prerequisites:

      • MATH1277A

      This course provides an overview of marketing functions from a Canadian marketplace perspective. Emphasis will be placed on understanding a socially responsible marketing environment, researching and understanding consumer and business buying behaviours, and defining the marketing target.

      This course introduces marketing strategies and focuses on the elements of the marketing mix. Emphasis is placed on decision-making for tangible and intangible products, pricing, distribution, and marketing communication, to achieve marketing goals.

      Prerequisites:

      • MKTG1102A

      This course introduces a systematic approach to the concepts and theories behind creating effective workplaces. Organizational behaviour (OB) explores how individual, group and organizational characteristics can influence an organization’s effectiveness, productivity, and its ability to accomplish goals. Understanding organizational behaviour concepts and theories helps contribute to successful organizations.

      This course provides an introduction to the meaning of community service.  Students learn how community service can enhance a student’s educational experience, personal growth, employability, and civic responsibility. Students participate in one day of volunteering to enhance their understanding of civic responsibility and to help the New Brunswick Community College realize its vision of transforming lives and communities.

      This workshop introduces students to the process of finding employment. It explores the various strategies and resources available, and examines the role of social media.

      This capstone course represents the culmination and integration of students’ fundamental business knowledge. The learner completes the key components of a small business plan.  Learners demonstrate their ability to integrate their learnings from previous courses and apply it to an integrated project. This course concludes with a short, written report as well as a brief presentation of findings and recommendations. 

      This course is designed to apply learning from the Business Administration program to an industry partner project. Working with faculty and an industry partner, learners are tasked with finding solutions to a business problem. Focus is placed on application of theory and best practices and using business tools, techniques, and strategies to gain a deeper understanding of the applicable Business Administration field. This course culminates with a final report and presentation of the project findings and recommendations.

      This course introduces the fundamentals of computer applications and file management in a business environment. Focus will be placed on software features and functions for email, word processing and spreadsheets; scheduling, calendar management, and collaboration; and time and task management.

      This course builds on the spreadsheet application skills acquired in Business Computer Applications I. Learners produce quality business workbooks designed for effective data management and analysis. The focus is on software processes, functions, and features to manipulate large data sets across multiple worksheets and workbooks.

      Prerequisites:

      • SAAL1849A

      This course is designed to examine financial and economic data used for investment and financial planning. Focus is placed on sources of data, tools to examine financial data, portfolio management strategies, and asset allocation. 

      Prerequisites:

      • INVE1027B
      • INVE1028A

      This course is designed to examine the principles and techniques of professional sales and customer service.  Focus is placed on quality customer service, successful sales strategies and activities, and developing relationships and customer loyalty.

      A safe and healthy workplace is the responsibility of the employer and the employee. This course introduces students to the importance of working safely and addresses how employers and employees can control the hazards and risks associated with the workplace. Students will also learn about the roles and responsibilities of key stakeholders including WorkSafeNB, the employer and the employee in ensuring workplaces are safe.

      This course introduces the principles and techniques used to analyze and interpret statistical data to help inform business decisions. Course topics include descriptive and inferential statistics concepts and applications. Also included is organizing, analyzing, interpreting, and presenting data both numerically and graphically.

      Prerequisites:

      • MATH1277A


      NOC Codes

      10020 - Insurance, real estate and financial brokerage managers
      10021 - Banking, credit and other investment managers
      11101 - Financial and investment analysts
      11103 - Securities agents, investment dealers and brokers
      12011 - Supervisors, finance and insurance office workers
      14201 - Banking, insurance and other financial clerks
      63102 - Financial sales representatives
      64400 - Customer services representatives - financial institutions


      Articulation Agreements

      Institution: University of New Brunswick Saint John - Faculty of Business
      Articulation Period:
      Information: Bachelor of Applied Management Degree
      NBCC graduates of any 2 year diploma program with a GPA of 70% or greater receive 2 years full credit toward this degree and will be eligible to enter year 3 of the 4 year Bachelor of Applied Management (BAM) program.


       


      Institution: St. Mary's University
      Articulation Period:
      Information: Graduates may apply for admission to the Bachelor of Commerce program. Students who obtained an overall average of 70%, may be granted up to 60 hours in this 120-credit hour degree program.
       
       

      Disclaimer: This web copy provides guidance to prospective students, applicants, current students, faculty and staff. Although advice is readily available on request, the responsibility for program selection ultimately rests with the student. Programs, admission requirements and other related information is subject to change.

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