Certificate in Financial Instrument Analysis

Certificate in Financial Instrument Analysis

The Certificate in Financial Instrument Analysis is designed to meet the demand for skilled labour in the financial services sector. Capital markets, and the financial instruments traded in them, have become increasingly complex. The rapid pace of change creates the need for advanced knowledge of world capital markets and complex financial instruments. Concurrent with this, has been an increasing demand among the accounting profession for individuals with traditional accounting training and knowledge, as well as more specialized knowledge of financial instruments, their uses and effects, and capital markets in general.

The Certificate in Financial Instrument Analysis uses a combination of finance and accounting courses to provide graduates with skills necessary for courses in a wide range of jobs in the financial services sector. The Certificate will also be of interest to students intending to pursue an accounting designation, but who desire more advanced knowledge of financial instruments than is currently available through existing universities or professional association curricula.


 

Program Structure

The Certificate in Financial Instrument Analysis can be completed in conjunction with a Bachelor of Commerce degree or as a standalone certification for those seeking professional development in their disciplinary areas.

There are two streams within the Certificate in Financial Instrument Analysis, the Accounting stream and the Finance stream. Students may choose either the Accounting or the Financial Stream (cannot qualify for both). The required courses for each stream are as follows:


Accounting Stream (CFIA)

ACCT 2241 Introductory Financial Accounting 
ACCT 2242 Introductory Managerial Accounting 
ACCT 3350 Financial Accounting Foundations – see Note
ACCT 3351 Intermediate Financial Accounting I – see Note
ACCT 3352 Intermediate Financial Accounting II – see Note
ACCT 4450 Auditing
ACCT 4465 Accounting for Financial Instruments
FINA 2360 Business Finance I
FINA 3361 Business Finance II
FINA 4472 Computerized Portfolio Analysis and Reporting Systems

Either

FINA 4470   Fixed Income Securities, or
FINA 4473   Current Trends in Capital Markets

Note: The requirement for ACCT 3350, 3351, and 3352 may be replaced by ACCT 3341, 3342, and 3345.


Financial Stream (CFIF)

ACCT 2241 Introductory Financial Accounting
ACCT 2242 Introductory Managerial Accounting 
ACCT 3343 Financial Accounting Analysis 
ACCT 4465 Accounting for Financial Instruments 
FINA 2360 Business Finance I 
FINA 3361 Business Finance II 
FINA 4466 Investments
FINA 4467 Portfolio Management 
FINA 4468 Financial Derivatives
FINA 4472 Computerized Portfolio Analysis and Reporting Systems

Either

FINA 4470  Fixed Income Securities, or
FINA 4473 Current Trends in Capital Markets


Admission Requirements

For current Bachelor of Commerce students, the Certificate of Financial Instrument Analysis requires a formal application to the Office of the B.Comm. Program.
Students must have completed a minimum of forty-five (45) credit hours of undergraduate study, and possess a minimum CGPA of 2.0.

Students wishing to complete the Certificate without pursuing an undergraduate degree at Saint Mary’s University must meet, at a minimum, the mature admission requirement for the Bachelor of Commerce program.

Application for the Certificate should be made through the Admissions Office.


Prerequisite Courses (24 credit hours)

Students pursing only the Certificate in Financial Instrument Analysis (accounting or finance stream) will require the following courses (or their equivalents) as prerequisites. It is the student’s responsibility to ensure appropriate prerequisites have been taken.

MGMT 1281 Introduction to Business Management 
ECON 1201 Principles of Economics: Micro 
ECON 1202 Principles of Economics: Macro 
MGSC 1205 Quantitative Methods I
MGSC 1206 Quantitative Methods II 
MGSC 2207 Introductory Statistics
CISY 1225 Introduction to Computer Applications
COMM 2293 Communications


Advanced Standing

Students with courses from previous postsecondary educational institutions will be assessed upon admission to the Certificate by the Office of the B.Comm Program.
Students must complete at least 50% of the courses (18 credit hours) at Saint Mary’s University.

Credit will not automatically be recognized for university courses completed ten (10) or more years prior to the student’s return to university study.


Requirements for Graduation

To graduate with the Certificate in Financial Instrument Analysis, students must attain a minimum GPA of 2.0 out of 4.3 on the required courses.


Academic Requirements

All academic regulations governing students in degree and diploma courses also apply to students enrolled in this Certificate Program.