Published on Brock University (http://brocku.ca)
Nature of work & types of jobs:
Positions of Recent Grads:
There are many different career paths in the financial industry. The following are some of the more common ones:
Corporate banking refers to the different banking services that large companies, institutions, and governments need in order to function. Career paths include: Commercial Banking, Investment Banking, and Merchant Banking.
Retail bankers provide services at branch locations for relatively small account holders including deposits, withdrawals, loans, mortgages, and investments. Career paths include: Personal Banking, Small Business Banking.
Insurance focuses on helping individuals and businesses anticipate and manage risk to protect them from catastrophic losses. Careers in insurance involve being an Agent or a Broker.
Wealth Management deals with researching, analyzing and advising clients on investment opportunities. Career paths include: Securities, Private Banking, and Asset Management.
Corporate Finance involves working within a company to find money to run and grow the business, make acquisitions, and plan its financial future. This may include a wide variety of responsibilities such as: handling the company’s financing and investing (i.e. pension funds); managing the risk of assets; cash management; financial planning, reporting, accounting and cost analysis.
Certified Financial Planner (CFP) - CFPs work with individuals to help them understand their options and make financial decisions suited to their personal financial situation and goals.
Personal Financial Planner (PFP) – PFPs evaluate and manage various wealth forms to optimize their clients’ financial situations.
Chartered Financial Analyst (CFA) – CFAs tend to be analysts who work in the field of institutional money management and stock analysis, not financial planning.
Canadian Investment Manager (CIM) – CIMs can sell mutual funds.
Chartered Life Underwriter (CLM) – CLMs are qualified to sell and administer life insurance.
Financial Management Advisor (FMA) – FMAs provide advanced financial planning advice to high net worth investors.
Registered Health Underwriter (RHU) – RHUs are insurance/financial advisors with advanced knowledge in disability insurance underwriting.
Canadian Securities Course (CSC) – the CSC is the initial course required for becoming licensed to work within the Canadian securities industry as a securities dealer or securities agent.
Courses at Brock
A concentration in finance prepares you for job opportunities in treasury management, banking, portfolio management, investment banking, investment advising, financial planning, and financial analysis. Upper-year courses offered include:
Clubs & Associations
Both work and volunteer experience can help you gain the necessary skills to get a job in the finance industry.
Recommended Clubs on Campus:
Associations, Volunteer Organizations, and Other Resources:
Brock’s Career Services offers corporate mentorship programs with RBC and TD Canada Trust. This is a great opportunity to learn about the profession while building your network.
You are also encouraged to attend the following events, hosted by the BCDO: