2016 goals / CSC / Financial Planning / Personal Finance

New week, new goal

workI signed up for the Canadian Securities Course last August when it was 10% off, and although I had hoped to have most (if not all) of it done by now, I have yet to crack the spine. I could blame it on the two weddings and one month trip to Asia, but what good would that do?

Finishing this course is my highest priority at the moment – without it, I won’t be able to apply to any entry-level retail banking positions (e.g. Financial Services Representative), which, of course, are stepping stones to my ultimate goal: to be a Financial Planner/Advisor.

Having said that, I’ve drafted up a study plan to finish the course within 3 months. I’ve given myself 2 extra weeks on my 2016 Goals page because I do want to be realistic and build in a buffer just in case, however, the sooner I complete this course, the sooner I can apply for bank jobs!

Today is also the day that I start back at my previous job – a decent paying (but also uninteresting, non-challenging and unfulfilling) job. At this point, I’m not sure how long I should stay here, because:

  1. The job is pretty close to home.
  2. The hourly pay is pretty decent.
  3. The pay is definitely better than what I would make as a starting Financial Services Representative.
  4. The higher pay will make it easier to pay off our debt quicker.
  5. The job is very easy and not stressful at all.

However, I don’t want to let myself get comfortable for too long, because:

  1. The job is a contract position – no benefits, no vacation, no sick leave, nothing.
  2. Although being a Financial Services Representative would pay less in the short term, there’s a lot of room for advancement.
  3. Working at the bank would be a permanent position with benefits.
  4. Working in the personal finance sector is what I really want to do.
  5. Working in my present job is nothing like what I want to be doing.

Canadian Securities Course – Study Plan

Week Week of Modules
1 Monday, February 8 1: The Capital Market

2: The Canadian Securities Industry

3: The Canadian Regulatory Environment

2 Monday, February 15 4: Economic Principles

5: Economic Policy

3 Monday, February 22 6: Fixed-Income Securities: Features & Types

7: Fixed-Income Securities: Pricing & Trading

4 Monday, February 29 8: Equity Securities: Common & Preferred Shares

9: Equity Securities: Equity Transactions

5 Monday, March 7 10: Derivatives

11: Financing & Listing Securities

12: Corporations and their Financial Statements


6 Monday, March 14 STUDY


7 Monday, March 21 13: Fundamental and Technical Analysis

14: Company Analysis

8 Monday, March 28 15: Introduction to the Portfolio Approach

16: The Portfolio Management Process

9 Monday, April 4 17: Fundamentals of Managed and Structured Products

18: Mutual Funds: Structure and Regulation

19: Mutual Funds: Types and Features

20: Segregated Funds and other Insurance Products

10 Monday, April 11 21: Hedge Funds

22: Exchange-Listed Managed Products

23:Fee Based Accounts

24: Structured Products

11 Monday, April 18 25: Canadian Taxation

26: Working with the Retail Client

27: Working with the Institutional Client


12 Monday, April 25 STUDY
13 Monday, May 2 EXAM

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