Faculty:

Email:
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Program
Coordinator: Richard Kingston

COURSE OUTLINE ACADEMIC YEAR 2016/2017

Course Title: Financial Products and Services

Course Schedule Credit Class

BMFS 102 LEC 3 45
Code: Type Code: Value: Hours:
Business Management Financial Pre- Co-
Programs: None None
Services requisite(s): requisite(s):

Prerequisite for: BMFS 154

Restrictions:

Approved By: Richard Kingston

Dean/Associate Dean: Peter Madott

Signature: Date: July 31, 2016

Humber College Institute of Technology and Advanced Learning 2016/2017

Course Description

Using the conceptual framework developed by the Institute of Canadian Bankers, this course
examines and classifies the generic characteristics of financial products and services provided
by financial institutions. The goal of the course is to provide financial services professionals with
the knowledge and skills necessary to match a client's financial needs with appropriate products
and services.

Learning Outcomes

Upon successful completion of this course, students will be able to:

1. Explain the relationship between the economy and money.

2. Describe and give examples of the three economic motives for holding money and other
financial instruments.
3. Explain the role of a bank as a lender and as a borrower, and provide examples in each
case.
4. List the features, benefits and characteristics of the different types of personal banking
products and services.
5. Understand the different types of business structures and explain the main types of
business banking products and services when business would need them.
6. Explain what insurance is and why it is important and understand the different types of
insurance available to consumers.
7. Understand the variety of investment types and the risk involved with each type.
8. Explain what retirement is and the variety of income sources available to individuals
when they retire.
9. List and describe the different types of wills and why it is important to include as a
strategy in estate planning.
10. Understand the role of the financial planner.

Essential Employability Skills

Essential Employability Skills are transferable skills that provide the foundation for a students
academic, vocational, and personal success.

Y Communication Y Critical Thinking & Y Interpersonal

Problem Solving
Y Numeracy Y Information Management Y Personal

Learning Resources

Required Resources:

Notes to be provided by Professor.

Copyright

Copyright is the exclusive legal right given to a creator to reproduce, publish, sell or distribute
his/her work. All members of the Humber community are required to comply with Canadian
copyright law which governs the reproduction, use and distribution of copyrighted materials.

Humber College Institute of Technology and Advanced Learning 2016/2017 2

 This means that the copying, use and distribution of copyright- protected materials, regardless
of format, is subject to certain limits and restrictions. For example, photocopying or scanning an
entire textbook is not allowed, nor is distributing a scanned book.
See the Humber Libraries website (http://library.humber.ca) for additional information regarding
copyright and for details on allowable limits.

Learning Delivery Format

Classes will take the form of formal lectures and class discussions, and may include group
work, presentations, field trips and other teaching techniques deemed appropriate by the
instructor. It is recommended that students attend all classes as exams and assignments will
cover material from the classroom sessions and the texts. It is the students responsibility to
ensure that they obtain all information necessary for successful completion.

Course Content
UNIT TOPIC(S) ASSESSMENTS RESOURCES
Course Introduction Team Building Team Building

Movie Presentation Wall DVD

Street
The Demand for Money and Module 1
Financial Industry Sectors Section 1
Introduction to the Financial Module 1
Industry Sectors Section 2
Test #1 Test # 1 Module 1

Personal Banking products and Group Presentation #1 Module 2

Services Section 1
Business Banking Products and Group Presentation #2 Module 2
Services Section 1
Test #2 Test # 2 Module 2
Insurance Group Presentation #3 Module 3 Unit 1
Investing and Investment Group Presentation #4 Module 2
Services Unit 2
Test #3 Test # 3 Module 3

Retirement Financing Group Presentation #5 Module 4 Unit 1

Wills and Estate Planning Group Presentation #6 Module 4 Unit 1

The Role of the Financial Group Presentation #7 Module 5 Unit 1

Professional as Financial Advisor
Test #4 Test # 4 Modules 4 & 5
Please note: this course schedule may change as resources and circumstances require.

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Student Evaluations

Type of Assessment %

4 Tests @ 15% each 60

Quizzes 15

Group Presentation 15

Class Participation 10
100%

Course Specific Policies and Expectations

Students must achieve a combined minimum of 50% on the tests to pass this course.

Class Participation mark is NOT based on attendance and the professor will provide a written
breakdown of how the grade will be assessed.

Degree Students

In addition to meeting all program specific course and credit requirements, students must have
a Cumulative Program Grade Point Average (CPGPA) of 65 in order to be eligible for
graduation.

Diploma/Post-Graduate Students

In addition to meeting all program specific course and credit requirements, students must have
a Cumulative Program Grade Point Average (CPGPA) of 60 in order to be eligible for
graduation.

Policies and Procedures

It is the students responsibility to be aware of the College Academic Regulations which can be
found on the following website: http://www.humber.ca/admissions/how-apply/academic-
regulations

Academic Integrity

Academic integrity is essentially honesty in all academic endeavours. Academic integrity

requires that students avoid all forms of academic misconduct or dishonesty, including
plagiarism, cheating on tests or exams or any misrepresentation of academic accomplishment.

Academic Concern/Appeals

If a student has questions or concerns regarding a grade on an assignment or test, the student
should discuss the matter with the faculty member. The Program Co-ordinator and/or the
Associate Dean may be asked to assist if the faculty member and student are unable to resolve

Humber College Institute of Technology and Advanced Learning 2016/2017 4

issues. For additional information please refer to Section 13 of Colleges Academic Complaint
and Appeal Policy at the web site identified above.

Prior Learning Assessment Recognition (PLAR)

Course credits may be granted in recognition of prior learning, and that Application for
Consideration is made through the Office of the Registrar at http://www.humber.ca/transfer
options

Accessible Learning Services

Humber strives to create a welcoming environment for all students where equity, diversity and
inclusion are paramount. Accessible Learning Services facilitates equal access for students with
disabilities by coordinating academic accommodations and services. Staff in Accessible
Learning Services are available by appointment to assess specific needs, provide referrals and
arrange appropriate accommodations. If you require academic accommodations, contact:

Accessible Learning Services: http://www.humber.ca/student-life/swac/accessible-learning

North Campus: (416) 675-6622 X5090
Lakeshore Campus: (416) 675-6622 X3331

Disclaimer

While every effort is made by the professor/faculty to cover all material listed in the outline, the
order, content, and/or evaluation may change in the event of special circumstances (e.g. time
constraints due to inclement weather, sickness, college closure, technology/equipment
problems or changes, etc.).

It is the students responsibility to retain course outlines for possible future use in support of
applications for transfer credit to other educational institutions.

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