CFP Basics
The professional designation meaning "Certified Financial Planner"
What is CFP?
The student-run organization known as FPY
What is Financial Planning at York?
The movie most responsible for convincing students that finance careers involve yachts, fraud, and zero Excel skills
What is The Wolf of Wall Street?
This course is the final required course in the Financial Planning stream with all prerequisites completed
ADMS 4506 : Professional Financial Planning
False
The professional obligation requiring advisors to put a client's interests ahead of their own
What is fiduciary (best-interest) duty?
The number of specific majors required to join FPY
What is zero or none?
The Wall Street job most commonly portrayed in movies as yelling into phones on a trading floor
What is a stock trader or broker?
The TTC line students celebrate when it finally reaches campus
What is Line 1?
The saving strategy that prioritizes saving before discretionary spending
What is pay yourself first?
One core area of financial planning involving long-term income replacement
What is retirement planning?
The primary purpose of most FPY events : exposure to this group
What are industry professionals?
The item pop culture suggests every finance worker owns by age 25
What is a Lamborghini?
The campus location most associated with getting lost at least once
What is Vari Hall?
The consumer metric most affected by paying on time and keeping utilization low
What is a credit score?
The planning principle that allows longer-term goals to tolerate greater investment volatility
What is time horizon?
The one-page document most often improved through club involvement and recruiting events
What is a resume?
The finance career myth that success requires working this many hours every week
What is 100 hours a week?
The academic milestone after which students promise to "figure everything out"
What are midterms?
The Canadian account where contributions are not tax-deductible, but growth and withdrawals are generally tax-free
What is a TFSA?
The risk reduced by holding many securities instead of one or two
What is unsystematic risk?
The three teams that form the FPY Executive Team
What are Marketing, Operations, and Finance?
The finance activity most often ignored in pop cultureW
What is compliance?
The club-meeting incentive universally joked about as boosting attendance
What is free food?
The platform most commonly used for recruiting and "coffee chat" outreach
What is LinkedIn?