Graduate Information
NAIT Certification
Finance diploma
Attributes of Successful Graduates
Business Administration - Finance graduates are able to enter large and small organizations at the management-trainee level. Graduates have developed quantitative financial and analytical abilities. They have enhanced their interpersonal skills. They also have a solid understanding of the importance of providing top-quality customer service. The financial services industry employs graduates in consumer lending, commercial lending and as customer service representatives, financial planners and investment assistants. Some graduates start their own businesses.
Advanced Credit Possibilities
Degree Options
Graduates of the Finance diploma program may receive a two-year transfer credit toward the completion of the following four year degree programs. (Transfers subject to meeting academic qualifications)
- Bachelor of Business Administration from NAIT
- Other post secondary Bachelors of Management or Commerce programs
Applied Degree Options
Graduates of the Finance diploma program may receive a two year transfer credit toward the following applied degrees. (Transfers subject to meeting academic qualifications)
- Bachelor of Applied Business - Finance degree from NAIT
- Bachelor of Applied Business Administration - Accounting degree from NAIT
Designations and Licenses
Graduates may also receive credit toward:
- Canadian Securities Course (CSC)
- Ceritified Financial Planner (CFP)
- Certified General Accountant (CGA)
- Cerified Investment Manager (CIM)
- Certified Management Accountant (CMA)
- Chartered Accountant (CA)
- Certified Credit Professional (CCP)
- Payroll Management Certification Program (PMCP)
Major Skills Acquired
Following are some major skills acquired by graduates of this program:
- accounting and financial control
- financial services
- computer applications
- credit management
- investment and financial planning
- wealth management
| Major Skill: | Detail: |
| Accounting and financial control | - Maintain a set of accounting records appropriate to the needs of a particular business enterprise.
- Prepare financial statements.
- Apply managerial accounting concepts and practices.
- Apply analytical techniques to evaluate business operations.
- Apply costing principles and techniques to accumulate and analyze cost information.
- Prepare budget and financial forecasts.
- Apply capital budgeting techniques.
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| Banking | - Understand the operation, services and products of the Canadian Banking System, including banks and other financial institutions.
- Understand and apply the loan approval process for both consumer and business borrowing.
- Understand interest and service charge calculations.
- Understand current issues facing financial institutions.
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| Microcomputer applications | - Prepare and manipulate budgets using Microsoft Excel.
- Evaluate alternative business strategies using Excel.
- Prepare economic forecasts using Excel.
- Examine alternative personal investment strategies using Excel.
- Use the Internet to obtain information.
- Design and create web pages for the Internet.
- Design and create databases using Microsoft Access.
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| Credit administration | - Gather and analyze information on credit applicants.
- Open new accounts.
- Evaluate and manage accounts receivables including collection.
- Understand the legal limitations of credit granting, collection and bankruptcy.
- Make decisions to grant or refuse credit.
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| Financial and investment planning | - Know terminology related to debt and equity security trading.
- Analyze and assess the performance of companies listed on the stock exchanges.
- Develop and monitor investment strategies for either consumer or corporate accounts.
- Prepare detailed personal income tax returns according to taxation legislation.
- Prepare client financial and estate plans.
- Market a product through “cold call” solicitation.
- Initiate, develop and close sales in a public setting.
- Understand budgeting and property management consumer applications.
- Analyze financing alternatives for consumer purchases, mortgages, retirement savings plans (e.g., RSPs) and other investment vehicles.
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| Additional Skills: | |
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| Taxation | - Prepare personal tax returns complete with supporting schedules in compliance with income tax laws.
- Engage in personal financial planning activities to minimize income tax liabilities.
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Stock Market Investment | |