Course

Financial Products and Services

Important Notice

This course is not active. Please contact Department Chair for more information.

Faculty
Commerce & Business Administration
Department
Finance
Course Code
FINC 2210
Credits
3.00
Semester Length
15 Weeks X 4 Hours per Week = 60 Hours
Max Class Size
35
Typically Offered
To be determined

Overview

Course Description
This course provides an introduction to the wide range of common retail financial products and services offered by Canada’s financial institutions. After a brief discussion on the evolution of money and the Canadian monetary system, the course covers a detailed review of those primary and supplemental deposit, credit, and special products and services available to individuals and businesses through the financial institutions, supported by an integrative model approach for each.
Course Content
  1. Evaluation of function of money and relationship between money and client’s needs.
  2. Recognize and explain supplementary products related to deposit transactions.
  3. Differentiate between short and long-term products and use of financial institution credit.
  4. Relationship between banking and insurance; insurance products and customer needs.
  5. Tools of short and long term financing; types of loans; use and need for personal credit.
  6. Factors that differentiate investments; investment decisions and client’s objectives
  7. Forecasting financial needs for retirement; RRSP. RRIF and annuity products.
  8. Financial institutions and the needs of small business.
Learning Activities

Material will be presented within a lecture/discussion environment.

Means of Assessment

Term Exams (2)                                                           40%

Final Examination                                                         30%

Projects/Cases/Written Assignments                               30%

                                                                                 100%

Learning Outcomes

At the end of the course, the successful student should be able to:

  1. Discuss and understand the demand for money and financial products and services
  2. Differentiate between various supplementary products:  Cheques, Transfers, PAP and Direct Deposits
  3. Identify banking and non-banking savings products.
  4. Discuss and evaluate insurance products
  5. Demonstrate use and function of loans and borrowed money
  6. Discuss and differentiate commonly used products for long-term investing
  7. Evaluate and discuss benefits of retirement planning products
  8. Identify and compare specialized financial products directed towards business needs
Textbook Materials

Textbooks and Materials to be Purchased by Students

 

Dell’Aniello, Paul.  Financial Products and Services, latest revised edition.  Montreal:  The Institute of Canadian Bankers.

Texas Instruments BA35

Requisites

Prerequisites

BUSN 1330 or FINC 1231

Corequisites

No corequisite courses.

Equivalencies

No equivalent courses.

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

(Current)

Course Transfers

These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca

Institution Transfer Details for FINC 2210
There are no applicable transfer credits for this course.

Course Offerings

Summer 2024