Course Outline

School: Business

Department: Graduate Studies

Course Title: CSC Preparation I

Course Code: FINA 739

Course Hours/Credits: 56

Prerequisites: N/A

Co-requisites: N/A

Eligible for Prior Learning, Yes

Assessment and Recognition:

Originated by: Brian Gordon

Creation Date: Winter 2013

Revised by: Thomas Barker

Revision Date: Winter 2015

Current Semester: Summer 2015

Approved by:

Chairperson/Dean

Students are expected to review and understand all areas of the course outline.

Retain this course outline for future transfer credit applications. A fee may be charged for
additional copies.

This course outline is available in alternative formats upon request.

FINA 739 CENTENNIAL COLLEGE CSC Preparation I

Course Description
The Canadian Securities Course introduces the student to the fundamentals of Canadian investment
finance. Topics include: capital markets and financial services, the Canadian economy, financing, listing
and regulation, corporations and their financial statements, fixed-income securities, equities, derivatives,
analyzing markets and products, the portfolio approach, mutual funds, other managed accounts and
products, hedge funds, and financial planning and taxation

Students must register with CSI Global Education Inc. (CSI) and with Centennial College to study this
course. Registration with both the CSI and Centennial College is mandatory. No student will be permitted
to study the course if registered with Centennial College only.

Registration with the CSI requires an extra fee in addition to normal tuition fees. It is not necessary for
students to purchase hardcopy textbooks as the text may be printed from the CSI website related to the
CSC. Students will be given access to the CSI course website within a few days of registering for the
CSC with the CSI. Student will then have access to the text and other course support materials.

Program Outcomes
Successful completion of this and other courses in the program culminates in the achievement of the
Vocational Learning Outcomes (program outcomes) set by the Ministry of Training, Colleges and
Universities in the Program Standard. The VLOs express the learning a student must reliably demonstrate
before graduation. To ensure a meaningful learning experience and to better understand how this course
and program prepare graduates for success, students are encouraged to review the Program Standard by
visiting http://www.tcu.gov.on.ca/pepg/audiences/colleges/progstan/. For apprenticeship-based programs,
visit http://www.collegeoftrades.ca/training-standards.

Course Learning Outcomes

The student will reliably demonstrate the ability to:
1. Advise clients on suitable investment products
2. Describe the Canadian securities industry and the key characteristics of financial intermediaries.
3. Illustrate how regulatory bodies work together to provide rules and regulations that support the
industry.
4. Illustrate how general economic conditions influence the performance of the securities markets.
5. Analyze equity securities, fixed income securities and derivative securities.
6. Describe how a company lists its securities on a stock exchange.
7. Analyze a corporation's financial statements

Essential Employability Skills (EES)

The student will reliably demonstrate the ability to*:
1. Communicate clearly, concisely and correctly in the written, spoken, and visual form that fulfills the
purpose and meets the needs of the audience.
2. Respond to written, spoken, or visual messages in a manner that ensures effective
communication.
3. Execute mathematical operations accurately.
4. Apply a systematic approach to solve problems.

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 2

FINA 739 CENTENNIAL COLLEGE CSC Preparation I

5. Use a variety of thinking skills to anticipate and solve problems.

6. Locate, select, organize, and document information using appropriate technology and information
systems.
7. Analyze, evaluate, and apply relevant information from a variety of sources.
8. Show respect for diverse opinions, values belief systems, and contributions of others.
9. Interact with others in groups or teams in ways that contribute to effective working relationships
and the achievement of goals.
10. Manage the use of time and other resources to complete projects.
11. Take responsibility for one's own actions, decisions, and consequences.
*There are 11 Essential Employability Skills outcomes as per the Ministry Program Standard. Of these 11 outcomes, the following will be
assessed in this course.

Global Citizenship and Equity (GC&E) Outcomes

N/A

Text and other Instructional/Learning Materials

Text Book(s):
All course materials will be available through the CSI course website upon registration for the CSC with
the CSI. It is expected that students will have registered and be in possession of course materials by the
end of week one.
Online Resource(s):
The CSI provides a substantial amount of support material for students studying the CSC. This material is
available on the CSI website after registration. It is important that students become familiar with this
material. Students registering for the CSC will also have access to "CSC Check" at no additional cost.
This resource provides sample exams to assist in preparing for the CSC Exam #1 and CSC Exam #2.
Material(s) required for completing this course:
CSI Registration
Follow these instructions carefully when registering:
1. Go to www.csi.ca/psi
2. Read the instructions provided and the FAQ Document.
3. Select your college from the drop down menu provided.
4. Select courses by “adding” each to the shopping cart.
Select and add the check product after first having added the corresponding course.
5. “Check out” and create a CSI Student profile.
Important: to obtain your discount, you must accept the Information Release Consent Form (IRCF) that
the system will guide you to complete during the registration process.
To obtain the discount, you must accept the Information Release Consent Form (IRCF) that the system
will guide you to complete during the registration process. This will allow CSI to share your information
with the College.
? In the field titled “Manager’s name” : enter Thomas Barker
? In the field titled “Employee Number” : enter your Centennial College student number. This will be
used for verification purposes.
? Click “I accept” and “continue”.
? Confirm your registration as guided. All applicable discounts will be applied on the last screen.
? If you do not see your discount, ensure that you have accepted the IRCF.
?What is the Check product? I was told that because I’m a student, I get the Check product free. How do I

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 3

FINA 739 CENTENNIAL COLLEGE CSC Preparation I

do that?
?Answer:? Each of these products is a series of practice questions that support the textbook when
preparing for the exam. Students taking any of the above courses through Centennial are eligible to
receive the corresponding Check Product for free.
?To receive this product for free, you must visit www.csi.ca/psi, choose your school and add the Check
Product to your
?Shopping cart. At the final stage of the checkout process,
?The Check product will come up as $0.

Evaluation Scheme
➮ Test # 1: CH 1,2,3
➮ Test #2: CH 4,5,6
➮ Assignment #1: Group project researching and evaluating IIROC based current issues
➮ Test # 3: Ch 7,8,9
➮ Assignment #2: Case and/or Project
➮ Test # 4: Ch 10,11,12
➮ Test # 5: Comprehensive Industry Exam
Evaluation Name CLO(s) EES GCE Weight/100
Outcome(s) Outcome(s)
Test # 1 2 1, 5, 6 15
Test #2 2 1, 2, 11 15
Assignment #1 2, 3, 4, 6, 7 1, 4, 5, 7, 5
9, 10, 11
Test # 3 4 3, 4 15
Assignment #2 1 5, 6 5
Test # 4 5 4, 5, 7 15
Test # 5 5, 6 7, 8 30
Total 100%
If students are unable to write a test they should immediately contact their professor or program Chair for
advice. In exceptional and well documented circumstances (e.g. unforeseen family problems, serious
illness, or death of a close family member), students may be able to write a make-up test.

All submitted work may be reviewed for authenticity and originality utilizing Turnitin®. Students who do not
wish to have their work submitted to Turnitin® must, by the end of the second week of class,
communicate this in writing to the instructor and make mutually agreeable alternate arrangements.

When writing tests, students must be able to produce official College photo identification or they may be
refused the right to take the test or test results will be void.

Student Accommodation
It is College Policy to provide accommodation based on grounds defined in the Ontario Human Rights
Code. Accommodation may include modifications to standard practices. Students with disabilities who
require academic accommodations must register with the Centre for Students with Disabilities. Students
requiring accommodation based on other human rights grounds should talk with their professors as early
as possible. Please see the Student Accommodation Policy.

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 4

FINA 739 CENTENNIAL COLLEGE CSC Preparation I

Use of Dictionaries
• Only English Language Learner dictionaries are permitted in class work (English words, idioms, and
pronunciations are explained).
• Only English Language Learner dictionaries are permitted in class work (English words, idioms, and
pronunciations are explained).

Program or School Policies

N/A

Course Policies
N/A

College Policies
Students should familiarize themselves with all College Policies that cover academic matters and student
conduct.

All students and employees have the right to study and work in an environment that is free from
discrimination and harassment and promotes respect and equity. Centennial policies ensure all incidents
of harassment, discrimination, bullying and violence will be addressed and responded to accordingly.

Academic honesty is integral to the learning process and a necessary ingredient of academic integrity.
Academic dishonesty includes cheating, plagiarism, and impersonation. All of these occur when the work
of others is presented by a student as their own and/or without citing sources of information. Breaches of
academic honesty may result in a failing grade on the assignment/course, suspension or expulsion from
the college.

For more information on these and other policies, please visit www.centennialcollege.ca/about-
centennial/college-overview/college-policies.

Students enrolled in a joint or collaborative program are subject to the partner institution's academic
policies.

PLAR Process
This course is eligible for Prior Learning Assessment and Recognition (PLAR). PLAR is a process by
which course credit may be granted for past learning acquired through work or other life experiences. The
PLAR process involves completing an assessment (portfolio, test, assignment, etc.) that reliably
demonstrates achievement of the course learning outcomes. Contact the academic school to obtain
information on the PLAR process and the required assessment.

This course outline and its associated weekly topical(s) may not be reproduced, in whole or in
part, without the prior permission of Centennial College.

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 5

FINA 739
Week Topics
1 The Capital Market
2 The Canadian
Securities Industry
3 The Canadian
Regulatory
Environment
4 Economic Principles
THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar)
CENTENNIAL COLLEGE CSC Preparation I
Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation
Name Date
Chapter 1 Define Investment Capital and describe its Lecture/Discussion
role in the economy
Describe how individuals, businesses,
governments and foreign agencies supply
and use capital in the economy
Differentiate between the types of financial
instruments used in capital transactions
Explain the role of financial markets in the
Canadian financial services industry.
Chapter 2 Summarize the state of the Canadian Lecture/Discussion
securities industry today.
Distinguish among the three categories of
securities firms, explain how they are
organized and compare and contrast dealers,
principals, and agency transactions.
Describe the roles of the chartered banks in
the capital markets.
Describe the role of trust companies, credit
unions and insurance companies in the
capital markets
Describe the roles of investment companies,
savings companies, loan companies and
pension plans in the capital markets.
Chapter 3 Identify and describe the agencies and legal Lecture/Discussion
entities through which the Canadian securities
industry is regulated and evaluate the role of
the self-regulatory organizations play in the
regulatory process.
Discuss the principles that underlie securities
legislation.
identify unethical practices and conduct in
securities trading.
Describe the rules of public company
disclosure and the statutory rights of
investors.
Explain how takeover bids and insider trading
are regulated and list the investigation and
prosecution powers of securities regulators.
Chapter 4 Define economics, identify the decision Lecture/Discussion Test #1
6
FINA 739 CENTENNIAL COLLEGE CSC Preparation I

Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation
Name Date
makers in an economy, and describe the
process of achieving market equilibrium.
Define Gross Domestic Product (GDP),
explain how GDP is measured, and list the
factors that lead to growth in GDP.
Describe the phases of the business cycle,
distinguish among the economic indicators
used to analyze business conditions, and
identify the determinants of long-term
economic growth.
Compare and contrast the two key indicators
of the labour market in Canada and the three
main types of unemployment.
Describe the determinants of interest rates
and discuss how interest rates affect the
performance of the economy.
Define inflation, calculate the inflation rate
using the Consumer Price Index (CPI), and
analyze the causes and impact of inflation,
disinflation and deflation on the economy.
Define the accounts included in a country's
balance of payments, describe the
determinants of the exchange rates, and
explain the impact the balance of payments
and the exchange rate have on the economy
5 Economic Policy Chapter 5 Compare and contrast the rational, Lecture/Discussion Assignment
Keynesian, monetarist, and supply-side #1
theories of the economy.
Analyze the mechanisms by which
governments establish fiscal policy and
evaluate the impact of fiscal policy on the
economy.
Explain the role and function of the Bank of
Canada.
Analyze how the Bank of Canada implement
and conducts monetary policy.
Discuss the challenges governments face in
their fiscal and monetary policies and the
consequences of failed policies
6 Fixed Income Chapter 6 Describe the Fixed-income market and Lecture/Discussion
Securities: Features discuss the rationale for issuing debt
and Types instruments.
Define the terms used in transactions

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 7

FINA 739 CENTENNIAL COLLEGE CSC Preparation I

Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation
Name Date
involving bonds, describe band features,
explain the use of sinking and purchase
funds, and describe the protective provisions
found in a bond indenture.
Compare and contrast the types of
Government of Canada securities.
Compare and contrast the different types of
provincial government securities and
municipal debentures.
Identify the different types of corporate bonds
and describe their features.
Describe the features of term deposits and
guaranteed investment certificates.
Interpret bond quotes and summarize and
evaluate bond ratings
7 Fixed Income Chapter 7 Define the present value and the discount Lecture/Discussion Test #2
Securities: Pricing and rate of a bond and perform calculations
Trading relating to the time value of money, bond
pricing and yield.
Define a real rate of return and yield curve.
Evaluate three theories of interest-rate
determination.
Analyze the impact of fixed-income pricing
properties on bonds prices.
Explain the rationale for bond switching and
describe bond switching strategies.
Summarize the rules and regulations of bond
delivery and settlement.
Assess the role of bond indexes in the
securities industry
8 Equity Securities Chapter 8 Discuss the benefits of common share Lecture/Discussion
ownership; describe how dividends are taxed,
declared, and claimed; and describe the
impact of stock splits and consolidations on
shareholders.
Discuss the position, advantages and
disadvantages, and special provisions of
preferred shares; describe their features, and
perform related calculations.
Differentiate between a stock market index
and an average, and summarize the
important stock market indexes and
averages.

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 8

FINA 739 CENTENNIAL COLLEGE CSC Preparation I

Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation
Name Date
9 Equity Securities: Chapter 9 Distinguish between cash and margin Lecture/Discussion
Equity Transactions accounts.
Calculate margin requirements for the long
and short positions.
Describe the process of short selling and
discuss the risks associated with short selling.
Describe the trading and settlement
procedures for equity transactions.
Distinguish among the types of buy and sell
orders.
10 Derivatives Chapter 10 Describe what a derivative is and explain the Lecture/Discussion Test #3
differences between over-the-counter and
exchange-traded derivatives.
Identify the types of underlying assets on
which derivatives are based.
Describe the participants in and the uses of
derivatives trading.
11 Derivatives - Part 2 Chapter 10 Describe what options are and how they are Lecture/Discussion Assignment #
traded, and evaluate call and put option 2 due via
strategies for individual and institutional dropbox
investors and corporations.
Describe what forwards are and distinguish
futures contracts from forward agreements
and evaluate futures for investors and
corporations.
Define and describe rights and warrants,
explain why they are issued, and calculate the
value of rights and warrants.
12 Financing and Listing Chapter 11 Compare and contrast the three types of Lecture/Discussion
securities business structures and explain the process,
outcomes, and advantages and
disadvantages of incorporation.
Describe the processes by which
governments raise debt capital to finance
their funding requirements.
Describe the processes by which corporations
raise debt or equity capital to finance their
funding requirements
Summarize the steps in the corporate
financing process, explain the different
methods of offering securities to the public,
summarize the prospectus system, and
evaluate after-market stabilization.

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 9

FINA 739 CENTENNIAL COLLEGE CSC Preparation I

Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation
Name Date
Identify other methods of distributing
securities to the public through stock
exchanges.
Discuss the advantages and disadvantages of
listing shares for trading on an exchange and
explain the circumstances and ways in which
exchanges can withdraw trading privileges.
13 Corporations and their Chapter 12 Describe the format and the items of the Lecture/Discussion Test #4
Financial Statements balance sheet and explain how the items are
classified.
Describe the structure of the earnings
statement and explain the sources of net
income 9or net earnings).
Describe the purpose of the retained earnings
statement and describe its link with the
balance sheet and earnings statement.
Describe the components of the cash flow
statement and classify and accounting activity
or item as a cash flow from operating,
financing, or investing activities.
explain the importance of the notes to the
financial statements and the auditor's report.
14 Review Materials - Summary Materials: Summarize all materials covered to date Lecture / Discussion Test #5
Summary Chapters 1 Chapters 1 - 12
- 12

THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 10