The demand for qualified financial planners is high, so if you’re interested in investments and working with people, this diploma program can help you move into a successful, rewarding career.
By focusing your training at BCIT in this two-year diploma program, you’ll be 100% prepared to start work in investment and financial planning upon graduation. And with our strong mentorships, networking opportunities, and focus on practical, useable skills, many students have job offers even before graduation.
About the program
Two-year, full-time program
Focused on practical training for financial and investment planning and advising
Strong industry connections and networking opportunities
After graduation, transition to the workforce or apply to complete your Bachelor of Business Administration degree at BCIT with full-time or part-time evening courses
Find more details of how you’ll be prepared for success upon graduation in the Program Details.
Who should apply for the Financial Planning Diploma?
This program might be right for you if you:
Enjoy interacting with people
Have high emotional intelligence
Have an interest in investments
Enjoy forecasting and problem solving
If any of these sound like you, visit the Program Entry page today to apply.
Your experience matters
Do you already have work experience or coursework from another school? If so, you might qualify for course credits to help accelerate your training. Check to see whether your experience qualifies you for advanced placement.
What grads can do
In this program, you’ll focus on the practical, usable skills you’ll need for a successful career in investments and financial planning. As part of your training, you’ll also have exposure to industry leaders through mentorship and with your own financial plan presentation.
Upon graduation, you’ll be 100% ready to begin working in the industry and be well on your way to receiving your Certified Financial Planner designation. You’ll also have the option to continue your education with BCIT’s Bachelor of Business Administration degree. Working towards the Chartered Financial Analyst designation is also possible.
Strong mathematic skills are required for success in BCIT Business diplomas. Students accepted into this program will be contacted starting in April regarding the completion of a math assessment test. If you score below a 67% on this assessment test, or feel that you would like to upgrade your math skills regardless, you should complete OPMT 0199 or OPMT 0023.
Do you have credits from another post-secondary school?
Transfer credit may be granted for courses completed at BCIT or another post-secondary institution where the learning outcomes duplicate those of the BCIT course. As per Admission Procedure 5003-PR1, the department reserves the right to determine the granting of credit where appropriate.
Applications will be accepted up to day 14 of the term; an official transcript and a course outline where appropriate must be provided (or be on file with BCIT) to process the request. A maximum of two courses per level are eligible for credit through this process.
Apply to program
BCIT accepts only complete applications. In order to apply:
Within two business days of submitting your completed application, BCIT will send a message to your personal and myBCIT e-mail addresses. All correspondence regarding your application will be posted to your online myCommunication account at my.bcit.ca. We'll send you an e-mail when a new message is posted. It's important to watch for these e-mails or regularly check your account online.
You can expect to receive communication concerning the status of your application within four weeks.
You may be eligible to apply to an advanced level of the program through either re-admission or direct entry. Please note that applications are considered based on:
Complete applications: you must show proof that you have completed (or are registered in) all requirements to be considered.
Competitive entry: if the number of applicants exceeds available seats, BCIT will accept those deemed to have the best opportunity for success.
Seat availability: confirmation may not be available until approximately one week before the term begins.
If you have previously completed part of this program at BCIT and wish to re-enter the program at an advanced level, you can apply for re-admission.
If you are new to the program but have completed an equivalent part of it at BCIT or elsewhere and want to apply to an advanced level, you can apply for direct entry.
BCIT accepts complete applications starting:
February 1st for level 2 (January start)
November 1st for level 3 (September start)
*or next business day
There are 4 options for direct entry, If you are applying through options 1, 2, or 3, you must submit an online application. Option 4 applicants, submit your application for transfer directly to BCIT Admissions.
Option 1: If you do not have a diploma or degree
Applications to level 2 or 3.
Submit the following with your online application:
The following courses are recommended for completion prior to admission into level 3, but are mandatory for graduation from the program:
Business Communication 1
COMM 1103 or
Business Communication 2
COMM 2202 (or 2002) and
COMM 2203 (or 2003)
*Note: For accredited Canadian or US credentials, if you have achieved a bachelor's degree the COMM 1100 and 2200 courses may be waived. If you have an associate degree or a diploma, COMM 1103 (or 1106) and COMM 2202 (or 2002) may be waived. Not that COMM 2203 (or 2003) will still be required.
**Note: Accounting courses completed in the UK or the United States may be considered for transfer credit toward FMGT 1105/2105.
If you are a mature applicant, you may be eligible to complete an Advanced Placement and Prior Learning (APPL) assessment to qualify for direct entry to an advanced level of the program. Visit the SITE Centre to find out if you are eligible, and to learn more about the assessment process and associated fees.
Submit the following with your online application:
Completed Course-by-Course Self-Assessment form for your current program (found on your current program’s Advanced Placement page)
$16 program change fee
Do not apply online.
Direct entry FAQs
When should I apply?
It is recommended that you apply when you have met all of the entrance requirements. If you are currently registered in a course, please indicate this on the self-assessment form.
When will I be accepted?
Once your application has been assessed and has been approved for direct entry, a seat must become available in the program you have selected. The Admissions department must wait until the current students obtain their final grades in either December or May to determine how many seats will become available for direct entry applicants.
Can I take courses in advance to reduce my course load?
In order to maintain a competitive application, it is recommended that you take no more than two courses per term ahead of time. A maximum of two courses per level are eligible for credit. Note that this will not reduce your full-time program tuition.
When will I get my timetable?
Print your timetable one day prior to class start by logging into my.bcit.ca and going to Student Self-Service. You must be registered in your courses in order to access this feature. If you know the set to which you have been assigned, you can also find your timetable at timetables.bcitbusiness.ca.
When can I buy my books?
It is recommended that you wait until the first week of classes before buying textbooks. Your instructors will tell you which books to buy.
Students should be aware that course exemptions can be claimed for a maximum of two courses per level.
Level 1 (15 weeks)
Business Information Systems
Computers and information technology are the foundation of business today. This course provides an understanding of computer terminology, operating systems, and the most popular office software used in business. Students learn to use spreadsheets (e.g. Microsoft Excel, Google Spreadsheets), word processing applications (e.g. Microsoft Word, Google Documents), and presentation and graphics programs (e.g. Microsoft PowerPoint, Google Presentations, Keynote). Students also get an introduction to cloud computing and enterprise collaboration tools. The course also provides an overview of social media, Web-based collaboration, and publishing and productivity tools (e.g. WordPress, LinkedIn, Twitter, YouTube).
COMM 1100 is designed to give students basic listening, writing and speaking skills that will allow them to prepare written and oral reports for BCIT courses and to proceed to more advanced communication courses.
This course investigates economic analysis, focusing on fundamentals of markets, supply and demand, consumer and producer behaviour, and monopoly and competition. Optional areas of business application may explore labour markets, government intervention and environmental regulation. Prepares students to identify and evaluate the economic considerations they will undoubtedly encounter in business.
The course will begin with an introduction of what to expect and what is expected of students in the programs. Continues with academic and business expectations. Through a series of short lectures, video, discussions, panel discussions, exercises, and role playing, students will compare differences in acceptable behaviours and ethics in various academic and business environments. Topics will include: acceptable/expected behaviour in academic/business various situations, dress codes, cell phone and other technology usage, communications, ethics.
This course is the first of two designed to introduce the theoretical and practical foundations in accounting. Topics include accounting concepts and principles; income measurement; business transactions; adjusting and closing entries; financial statement preparation; the accounting cycle; merchandising operations; and accounting systems.
This course is an introduction to the fundamentals of marketing. In addition to the “four Ps” of marketing—product, price, place, and promotion—students will be introduced to how marketers create customer-driven marketing strategies based on their research and understanding of the marketing environment and customers. Students will develop a marketing plan and integrated marketing communications (IMC) plan based on a case study, which will be assessed on students’ application of marketing terminology and processes and in the professionalism of their work. Additionally, students will complete assignments, quizzes, and exams.
Reviews basic mathematics applicable to business and industry. Topics include consumer and commercial credit, simple and compound interest, financial instruments and discounting, annuities, mortgages, loans, sinking funds, leases, depreciation methods, capitalized costs, cash flow analysis, NPV and IRR. Emphasis is on maximum use of pre-programmed calculator and practical applications from the field of Financial Management. Prerequisites: Algebraic skills to at least the Grade 11 level with a minimum 68% final mark. Students who do not have these skills should consider taking OPMT 0199 Math for Business or OPMT 0198 Business Math Assessment Test.
Presents the study of factors that either influence or are influenced by people at work. The course will focus on macro factors such as organizational structure, technology and environment; group factors such as group dynamics, leadership, conflict, change and decision making; and micro or individual factors such as personality, attitudes, perception and motivation.
Students must achieve a minimum grade of 50% in FMGT 1105 or 70% in FMGT 1100 to take FMGT 2105.
Level 2 (20 weeks)
Presents a practical study of Canadian business law, including the legal and administrative systems, torts, contracts, sale of goods and consumer protection, secured transactions, employment, agency and business organizations. Participation in this course, taught by lawyers, prepares you to recognize and feel comfortable with the legal aspects of doing business.
Every enterprise requires business analytics and decision support systems (DSS) in order to develop a competitive advantage. This course uses MS Excel, the foundational data analysis tool, to build on the skills and concepts covered in introductory computer application courses. This course covers advanced Excel formulae, concepts, and applications using larger and more professional worksheets and focusses on the data modeling approach using Excel vs. the calculator approach. Topics include if-then modeling, built-in functions, charting, transferring data across applications, and using the built-in tools such as PivotTables, Sparklines, Slicers, PowerPivots, and macros. Prerequisites: BSYS 1000 or BSYS 1005
In an information-based society, understanding data management is vital. The backbone of the Internet, Cloud Computing, and Business Intelligence, relational database management systems provide the key to utilizing business information to create a competitive advantage. This course provides an introduction to relational database management systems, data modeling, and the use of computer software to meet reporting and decision support needs within an organization. The student will use a relational database management system to create data tables, build table relationships, develop and modify custom forms, generate reports, and perform queries, while taking measures to ensure data validity, efficiency, and integrity. Subject to time available, additional topics will be included. Prerequisites: BSYS 1000 or BSYS 1005
A study of the basic concepts of the management process: planning, organizing, staffing, leading and controlling. Integrated with the concurrent first-term courses and using the case-study method, it creates opportunities for the students to develop analytical, problem-solving, teamwork and communications skills, by analysing and presenting solutions to typical business problems. Topics covered include: structuring organizations, decision making and an introduction to production, human resources, controlling and strategic and tactical planning.
This course provides further instruction and practice in the principles taught in COMM 1100. It concentrates on more sophisticated forms of written communication: the job application package, indirect correspondence, and reports. The course might also include modules on graphics, questionnaires, telephone techniques, and organizing and running meetings. Prerequisites: COMM 1100
Presents a challenging overview of the workings of an economy. Stresses measurement and determination of national economic activity, the role of monetary and fiscal policy, and the understanding of inflation, unemployment and growth in an international environment. Prepares students to weigh political and economic issues as they relate to their business ventures.
Continues from FMGT 1105. Topics include temporary investments; receivables, capital assets; liabilities; partnerships; corporations; bonds; statements of changes in financial position; financial statement analysis; manufacturing accounting; departmental accounting; cost-volume-profit analysis. Note: Fulltime Financial Management students who receive less than 65% in this course will need to complete FMGT 2100 with a grade of 70 or better before entering Level 3. Prerequisite: 50% in FMGT 1105 or 70% in FMGT 1100
Enables students to understand the relationships between current assets and current liabilities in different types of organizations, to appreciate the trade-offs inherent in a firm's working capital policy and to carry out a basic analysis of a firm's working capital management in comparison to others. Prerequisites: FMGT 1100 or FMGT 1105
Teaches the Simply Accounting for Windows integrated package to students with an introductory financial accounting background. Students should have elementary PC skills. Prerequisites: FMGT 1100 or FMGT 1105 or FMGT 1152
Includes descriptive statistics, including numerical and graphical presentation of data, measures of central tendency and dispersion, elementary probability, index numbers and time series. Introduction to inferential statistics through selected topics such as sampling, confidence limits of the mean, hypotheses testing and simple linear regression. Spreadsheets are used for calculations.
Financial Statement Analysis 1&2 evaluate the general principles of the financial reporting system, underscoring the critical role of the analysis of financial reports in the investment decision making process. FSA 1 introduces the range of information that an analyst may use in analyzing the financial performance of a company, including the principal financial statements (the income statement, balance sheet, cash flow statement, and statement of changes in owners' equity), notes to those statements, and management discussion and analysis of results. A general framework for addressing most financial statement analysis tasks is also presented. The presentation of financial information to the public by a company must conform to the governing set of financial reporting standards applying in the jurisdiction in which the information is released. FSA 1 explores the role of financial reporting standard-setting bodies worldwide and the International Financial Reporting Standards and the movement towards worldwide convergence of financial reporting standards is also introduced. Prerequisites: 65% in FMGT 2105 or 70% in FMGT 2100
This course emphasizes the following: role of the management accountant, cost concepts & terminology, job costing, cost-volume- profit- analysis, activity-based costing & activity-based management, budgeting and control, standard costs, variance analysis and income effects of alternative inventory costing methods. Cost and Managerial Accounting 1 will also demonstrate how to use financial information and various decision-making tools to make sound business decisions. Prerequisites: FMGT 2100 or FMGT 2105
The topical coverage is designed to follow the general structure of the Canadian Income Tax Act. Lecture, seminar and additional readings are utilized to help students locate, interpret and analyse the selected provisions. The course will examine the major income categories and applicable rules used to calculate net income for tax purposes. The course will also determine who is subject to tax in Canada and the basis on which Canada levies income tax. Prerequisites: FMGT 2100
This course provides students with an introduction to the tools and concepts required for the financial management of a business. The perspective taken is that of maximizing shareholder value, subject to legal and ethical constraints. Topics include free cash flow, the time value of money, financial statement analysis, corporate financial planning, working capital management and an introduction to capital markets and securities valuation. Prerequisites: FMGT 2100 or FMGT 2105
The Financial Management technology program at BCIT has entered into a partnership with the Canadian Securities Institute (CSI). This course, a product of the partnership, is the CSI's Canadian Securities Course (CSC) Volume 1. Topics include the Canadian investment marketplace, the nature of marketable securities, factors which influence their price and a review of the various methods employed to evaluate their worth. In addition, the operation of stock exchanges and investment dealers and the regulatory environment in which these institutions operate is discussed. Finally, the methods by which governments and corporations have their securities listed on the exchanges so that investors can trade them is studied. Successful completion of both CSI two exams (a grade of at least 60%) earns the student credit for the CSC with the Canadian Securities Institute and credit for this course and FMGT 4610. Note: There is an extra fee of up to $1500 + GST to enroll with the CSI for the CSC. Your textbook will be provided by the CSI not the book store. You are responsible for visiting the website and enrolling yourself – instructions on how to do so will be provided separately by email. Prerequisites: FMGT 2100 or FMGT 2190 or FMGT 2105
Introduces students to the fundamental principles important to the discipline of personal Financial Planning. Students will acquire an understanding of the concepts and applications associated with financial planning, and the analysis of various financial situations. This course covers the basic issues to be considered in building a sound program to achieve long term financial goals. Topics include cash and debt management, insurance, investments and portfolio management, wills, estates, and tax planning. Prerequisite: FMGT 2105 or equivalent. FMGT 2105 (65%) or FMGT 2100 (70%).
Financial Statement Analysis 1&2 evaluate the general principles of the financial reporting system, underscoring the critical role of the analysis of financial reports in the investment decision making process.FSA 2 assesses how an analysis of a company's financial statements can reveal problems. In this course students learn to identify and evaluate red flags and warning signs contained in the financial statements and footnotes that would suggest that the financial reporting quality of a company has been compromised.FSA 2 covers the analysis of intercorporate investments and their different accounting treatments depending on the percentage ownership, amount of control, and other variables related to the relationship between the company making the investment and the investee.In FSA 2 students learn how to analyze the effects of mergers and acquisitions on a company's ongoing operating results.The presentation of financial information to the public by a company must conform to the governing set of financial reporting standards applying in the jurisdiction in which the information is released. FSA 2 examines, in depth, the role of financial reporting standard-setting bodies worldwide and the International Financial Reporting Standards and the movement towards worldwide convergence of financial reporting standards is also introduced. Prerequisites: FMGT 3130
The course will follow a conceptual framework based upon the structural elements of the Income Tax Act. Topics include the calculation of Net Income for Tax Purposes, Taxable Income, and Taxes Payable for individuals and corporations. The course also includes non-arm's length transactions, attribution, retirement savings, residency issues, and corporate integration issues. Basic tax planning strategies for individuals and corporations will also be explored. Prerequisites: FMGT 3410
This course builds on the topics and techniques of FMGT 3510. Students will use tools such as DCF/NPV analysis and the weighted average cost of capital to develop a framework for capital budgeting that focuses on increasing shareholder value. Corporate risk management concepts and international financial planning issues will also be addressed. An overview of the theory and practice of capital structure decision making and shareholder distributions will be provided. Additional topics include leasing, public offerings, and financial options. Prerequisites: FMGT 3510
Familiarizes the student with the fundamentals of raising funds. Emphasis is placed on various sources of funds with particular focus on the types, their benefits and costs. Topics will include bank financing, government funding and venture capital. Prerequisites: FMGT 3510
Provides the financial planning student with the marketing and communications skills essential to success in the financial planning profession. The course covers the marketing of financial planning products and services and, in addition, it will introduce the student to the institutional environment in which many financial planners operate. Prerequisites: FMGT 3830
The objective of this course is to impart to the students the principles of investment management . This course is part two of BCIT's offering of the Canadian Securities Institute's (CSI) Canadian Securities Course (CSC). As such, the course is designed to convey to those who are enrolled in it the fundamentals of investing . It includes a study of the nature and function of the securities markets, the framework essential to the valuation of common shares and fixed income securities. In addition, portfolio management, taxation, asset allocation and economic forecasting are studied. Prerequisites: FMGT 3610
This course builds upon the fundamentals of Excel learned at BCIT and in the students’ Finance and Accounting courses. It does so by approaching the subject of computer modeling from the perspective of an analyst who wishes to construct dynamic computer based models and scenarios which allow him/her to understand, and manipulate, the information associated with common financial and accounting problems. Rather than using the traditional lecture format, students will be expected to analyze various financial concepts and, on the basis of their analysis, construct a spreadsheet model which allows them to test hypotheses, compare the performance of alternative options under various scenarios and provide detailed information for the decision making process. In their project, students will be expected to design a working spreadsheet model based on a problem typically encountered in the assigned topic. Prerequisites: BSYS 2050
This is the concluding course in the Diploma program in personal Financial Planning. It is designed to provide students with an applied understanding of the principles and applications related to financial planning. It draws on subjects learned in the prerequisite courses and covers advanced topics and case studies designed to equip the student with the knowledge and skills necessary to advise individuals. The primary topics include: taxation, insurance and risk management, retirement planning, investments, ethics and estate planning.
The ability to integrate information across all of the fundamental areas of financial planning in order to meet the needs of clients, combined with adherence to professional standards, distinguishes a CFP professional from other providers of personal financial advice. The CFP Capstone Course plays a critical role in the training and assessment of future CFP professionals. The required courses focus on the underlying competencies and knowledge required in the components of financial planning (i.e. asset management or retirement planning). However, this approach gives students only limited opportunities for the integration of the professional skills and financial planning competencies across all of the components of financial planning. The CFP Capstone Course addresses this issue. This course focuses on financial planning practices, professional skills and integration which are essential to the practice of professional financial planning. This is the course where all the components of financial planning are incorporated, and where students hone their analytical and presentation skills. Students demonstrate these abilities by developing and presenting a suitable financial plan. Prerequisites: FMGT 4810 or FMGT 4830
Do you have credits from another BC/Yukon post-secondary school? Do you want to know if
they transfer to courses here at BCIT? Check out BCIT's
Transfer Equivalency Database to find out.
This program is designed by working professionals to prepare you for a career in financial and investment planning. By focusing your training on the necessary, applicable skills you’ll need daily in the finance industry, you’ll graduate with the knowledge and confidence to secure and excel at a job in financial planning.
As part of the program, you’ll study in-class as well as with hands-on practice by working with successful mentors and developing your own financial plan to present to industry leaders. You’ll also graduate having written and passed Canadian Securities Institute exam to prepare you and your resume for success.
Students who choose the Financial Planning program will write the Canadian Securities Course (CSC) examinations while they are students at BCIT. Successful completion is a mandatory step for anyone considering a career in the field of financial planning, or indeed in any aspect of the investment world. In addition, it is a prerequisite course for all other courses and programs offered by the Canadian Securities Institute (CSI). As well, the Personal Financial Planning Course (PFPC) offered by the CSI is included in this program.
Many of the individual courses in this program are eligible for transfer/credit to the professional accounting bodies.
The Financial Planning option is accredited by the Financial Planning Standards Council of Canada; it meets the academic prerequisites necessary to be permitted to write the Certified Financial Planners (CFP) national examinations.
The Financial Management department offers an Accounting degree completion program to those who
already have an Accounting, Finance, or Financial Planning diploma or equivalent. Please see our
Bachelor of Accounting program for more information.
Universities will give credit for subjects taken in the program to those students who wish to continue their training and qualify for a university degree. Block transfer credit arrangements are in effect with Thompson River University, Simon Fraser University, the University of Northern British Columbia, Royal Roads University and Lakehead University.
Graduating & Jobs
Your training at BCIT includes mentorships with industry leaders and a portfolio of your own complete financial plan that you’ll present. This exposure to potential employers and mentors gives our students a unique opportunity to improve their skills and also secure jobs to begin upon graduation.
Some job opportunities for grads include:
Assistant Financial Planner
With experience, grads can move on to become:
Financial Service Manager
Senior Financial Advisor
You’ll also be able to start work as a financial planner and pursue your CFP immediately, or continue on to complete your bachelor’s degree, and from there, continue on to do a CFP and a CFA. This diploma program recognized at many universities for block credit transfers.
Graduate employment outcomes
The BCIT student outcomes reports present summary findings from the annual survey of former students administered by
BC Stats one to two years after graduation. These reports combine the last three years of available results for the
2016-2018 BCIT Outcomes Surveys of 2015-2017 graduates and for Degree 2014-2016 graduates. The reports are organized
into three-page summaries containing information on graduates' labour market experiences and opinions regarding their
education. More detailed information can be accessed at the
BC Student Outcomes website.
The learning environment is excellent and my instructor was an experienced professional with lots of real world advice to share. He knew all of the students personally and was able to give personalized feedback throughout the term. Class sizes were ideal for easy Q&A and group discussions. Several employers came into class seeking out candidates and my instructor personally put me in touch with a prospective employer. I couldn’t be happier with my experience at BCIT.