The College is conducting a review of the Financial Planning program and will no longer accept new part-time students effective January 20, 2020. In the interim, the college will not offer Red River College's FIPL-100 Financial Planning Fundamentals course. Students who have successfully completed this required course within the Red River College's Financial Planning program and intend to graduate with Red River College's Financial Planning Credential can contact the Information Specialist at ceadvisor@rrc.ca
Students can take courses and complete The Certified Financial Planner® Program directly through The Canadian Institute of Financial Planning (CIFP)
Students should be aware of the upcoming changes in the Financial Planning Industry:
Description
Gain the knowledge to become a qualified professional financial planner. You will develop the skills to determine a client’s financial needs and objectives, and to create a customized investment and savings plan to help the client achieve those goals.
In this program, you will cover the fundamentals of Financial Planning and related planning topics including retirement, income tax, strategic investment, risk management and estate.
The Certified Financial Planner™ Program, offered by The Canadian Institute of Financial Planning (CIFP), has been developed for individuals looking to become qualified professional financial planners. It is also suitable for those who want a better understanding of the complex financial world around them and want to structure their financial affairs to best suit their objectives.
For detailed information about specific topics covered in each of the CIFP - CFP® Certification classes, visit the CIFP website.
Please read these pages for changes to the certification process:
Proficiency in basic computer skills (including word processing, spreadsheet, and presentation software) is essential to your success in this program. If you do not have these skills, it is strongly recommended that you complete Computers - Intro (COMP-1081) prior to beginning the program.
Regular Admission Requirements
Special Admission Requirements
If you are 19 years of age or older on or before September 30 in your year of registration, have been out of high school for a minimum of one year, and you do not meet the regular admission requirements, you may apply under the special admission requirements.
Last Course of Study:
*If you have an IFIC or LLQP license, you are eligible to receive your last course credit by requesting a credit transfer. Project Management Fundamentals may still be used as the last course of study.
Legend:
Provides students with the fundamentals of financial planning. Topics include the financial planning process, financial objectives and money management, tax planning, financing, investment planning, estate planning, retirement planning, and risk management.
Topics covered in this course are proprietorships and partnerships, corporations, income tax compliance, planning and research, taxation of employees and alternative minimum tax, taxation of property income, taxation of capital property, and making use of tax advantages.
For eligible students wishing to re-write the Income Tax Planning exam.
For eligible students wishing to re-write the Retirement Planning exam.
For eligible students wishing to re-write the Strategic Investment Planning exam.
Topics covered in this course are Government sponsored Retirement Income programs, Employer-sponsored pension plans, deferred profit sharing plans and registered retirement savings plans, foreign property, education planning, taxation during retirement, post retirement planning, retirement savings plans, retirement decisions.
This course examines the characteristics of alternative investment products. Topics include guaranteed, interest-producing investments, bonds and debentures, common and preferred shares, fundamental and technical analysis, financial derivatives, mutual funds, real estate and tax shelters, investment theory, and financial economics.
For eligible students wishing to re-write the Risk Management & Estate Planning exam.
This course addresses insurance and estate planning. Topics include risk of disability, health and long-term care insurance, risk of death, risks of property and liability losses, insurance contracts and risk management, introduction to estate planning, family relationships, support obligations, and family property, wills and powers of attorney for property, living wills, forms of property interests, intestacy and probate, personal trusts, estate planning in special situations, and death and taxes.
Study the fundamental aspects and principles of project management including life cycle, integration, planning, organization and communication. Learn about work breakdown structures, diagramming, cost management and resource allocation. Examine today’s issues affecting project management including risk management, quality, conflict, and team building.
Students enrolling in Part-Time and Online Education courses may be required to purchase textbooks and materials at participating Campus Store locations or online at bookstore.rrc.ca. Student booklists will be available approximately 3 weeks prior to scheduled course start dates. Please ensure materials are purchased in advance, to be available for the start date.
Note: Courses requiring a textbook will show "TR" in the Delivery field.
Click the "More Info" link beside the course's name to view the description of the course.
| Location: Online | |||||
|---|---|---|---|---|---|
| Dates | Delivery | Instructor | Section | Cost | Actions |
| Oct 01, 21 - Dec 31, 21 | S. Thompson | 219328 | $625 | ||
| Nov 01, 21 - Jan 31, 22 | S. Thompson | 219329 | $625 | ||
| Dec 01, 21 - Feb 28, 22 | S. Thompson | 219330 | $625 | ||
| Location: Online | |||||
|---|---|---|---|---|---|
| Dates | Delivery | Instructor | Section | Cost | Actions |
| Jan 05, 22 - Apr 05, 22 | TBA | 220003 | $629 | ||
| Feb 01, 22 - Apr 30, 22 | TBA | 220004 | $629 | ||
| Mar 01, 22 - May 31, 22 | TBA | 220005 | $629 | ||
Online learning is a critical component of course delivery in all Red River College programs. To ensure each student has the tools they need to achieve their academic goals, all Red River College students require, at minimum:
1. Off-campus access to a current computer with a webcam
2. A high speed internet connection
• Recommended minimum speed: 10 mbps for download, 3 mbps for upload
• Slower internet connection speeds may result in audio and video issues. Please keep in mind that if others in your home are using the same internet connection at the same time as you are, you may also experience audio and video issues.
• Please refer to https://www.rrc.ca/studentcomputing for further information on Computer Requirements for Students.
Please note that any anticipated costs are not included in Books and Supplies estimates.
Upon successful completion of the program, you should be able to:
Recognition of Prior Learning (RPL) is a process which documents and compares an individual's prior learning gained from prior education, work and life experiences and personal study to the learning outcomes in College courses/programs. For more information, please visit www.rrc.ca/rpl.
Designation
The Financial Planners Standards Council (FPSC) has entered into a Licensing/Affiliation agreement with the Certified Financial Planners Board of Standards, Inc. to award the internationally recognized certification marks, Certified Financial Planner or CFP. The CFP certification marks are recognized in Australia, New Zealand, Japan, the United Kingdom and throughout the United States.
To ensure consistent standards among those licensed to use the certification marks, the FPSC has adopted uniform standards with respect to the areas of education, experience, examinations and ethics. The "four E's" apply to those wishing to be licensed by the FPSC.
Education
CFP licensees must complete an educational program recognized by the FPSC prior to licensing. The Canadian Institute of Financial Planning's Certified Financial Planner program was the first program recognized by the FPSC. After licensing, CFP licensees must certify compliance with the FPSC's mandatory continuing education requirements on an annual basis.
Experience
CFP licensees must have two years of work experience in a financial planning related environment prior to licensing. This experience may be obtained before, after or while fulfilling the educational requirement.
Examination
CFP licensees must complete a comprehensive professional proficiency examination set and administered by the FPSC prior to licensing. This examination may be attempted only after the Education and Experience requirements have been satisfied.
Ethics
CFP licensees must agree to abide by the FPSC's Code of Ethics prior to licensing and certify continued adherence to the FPSC Code of Ethics on an annual basis.
Only those who have fulfilled the pre-certification and annual licensing requirements of the FPSC are permitted to use the CFP certification marks. For more information on certification requirements, please contact the FPSC directly at 416-593-8587. CFP™ is awarded under license by the Financial Planning Standards Council.
Red River College surveys its graduates on an annual basis to collect data related to the graduates’ employment status, salary, occupation and skill use. In addition, graduates are asked to indicate their level of satisfaction regarding the education they received at Red River College.
Visit www.rrc.ca/numbers/reports/graduate-satisfaction for graduate satisfaction and employment reports.
Graduates have the following career options:
For more information, contact:
School of Continuing Education
E113 - 2055 Notre Dame Ave
Winnipeg, MB R3H 0J9
Phone: 204-694-1789 or 1-866-242-7073
Fax: 204-633-6489
Email: cde@rrc.ca
Red River College is committed to student success and provides valuable support services to assist in helping students make the most of their time at RRC.
Visit www.rrc.ca/supports for more information.