How To Start Working In The Financial Industry In Canada | Personal Experience

In this video I will go over how an individual can get stated in the financial industry in Canada.
The short answer is - there are various ways, some might work for you some might not. but I'll jot down the basics of it with the timestamps as follows:
0:00 - Introduction
01:11 - Past Experience
03:03 - Formal Education
04:08 - Certifications
08:51 - Taking Action
Courses:
IFC: www.csi.ca/student/en_ca/cour...
CSC: www.csi.ca/student/en_ca/cour...
Who am I:
I'm Bhavin, a financial professional working in Toronto, CA. I make videos about productivity, technology, weekly vlogs and lifestyle design. I also have a weekly podcast with my Fiancé @theLDRshow on Instagram.
linktr.ee/theLDRshow
If you’d like to talk, I’d love to hear from you. Tweeting @MerchantBhavin directly will be the quickest way to get a response- do not DM me on twitter, they go to a separate inbox which I don't monitor. try my best to reply to things but there sadly aren't enough hours in the day to respond to everyone 😭
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Find Me Here:
Snapchat: Bhavin121
Twitter: goo.gl/osb6Xo.
Instagram:goo.gl/iaHXnt
Facebook: goo.gl/tUc19H

[@hemvshah94]

Very informative and useful!! Helps to set realisitic expectations 💯💯

[@BhavinMerchant]

Thank you 😊

[@bhuminpatel1814]

Just a tip, your lights flashing in the background because of the change in voltage in different regions, to stop this change your settings in your camera it might be in region settings or something but apart from that your video was helpful

[@gurpreetsinghtaluja4442]

Thanks for the informative video. Hoping so you are doing good in this Pandemic.

[@BhavinMerchant]

Thanks for the feedback !

[@prashantpatadia2586]

Hi Bhavin, glad to be your follower Thanks for stupendous video

[@BhavinMerchant]

Glad to help !

[@sharybabu6865]

Thanks a lot for this video and stating us to be patient for those who are desperately looking for jobs. One or the other day you will get the call from HR

[@lisa1073]

Thank you so much. It is so helpful for what I am doing now. Would you mind if I ask a question about which exam should I choose first between CSC and CIFC?

[@sakthic8866]

Hi Bhavin Plz record a video about duration of work including part-time work in finance work-life balance which is a very big challenge for an Accountant in India for a mother

[@atmanpatel467]

Very informative video ..! 😀😀✌🏻👍🏻

[@TheSonu2490]

Hi Bhavin, the video informative and useful for the newcomers. I want to enter into the compliance division in financial sectors. It will be helpful if you can throw some insights on the compliance division and as profession.

[@BhavinMerchant]

I don’t know much but it’s a pretty good place to advance in your career with regulations becoming more and more prevalent in the field

[@ThePrithviraj55]

Hi Bhavin, I was thinking IFC and then go for CSC. What is CPH? If you could shed some light on that.

[@NehaShinde]

Hi Bhavin. Thanks for the information! Very helpful. Could you please throw some light on LLQP exam? Is it worth it and whether it is deemed important in the Canadian market?

[@BhavinMerchant]

LLQP is a insurance related exam if I’m not wrong. And yes they are kind of valuable in the insurance industry

[@ankitavaghasia6323]

Would you advise on doing further certification in finance after IFIC if we don’t have any background experience in finance to stand apart while applying for job.

[@marksantarina]

Very informative, question can you apply while still overseas? maybe they can sponsore my move something like that

[@jaybhanushali100]

Great work...thanks

[@BhavinMerchant]

Thank you for the feedback !

[@minatorabi9244]

Hi, Thanks for this movie. Useful information! Same as u I study Finance in GBC and I just want to know if is there any way to register just for CSC exam? I mean should I pay the whole amount of $1,220 ?

[@bensonbaby7869]

Great Video, Bhavin, how possible to switch my career from IT consultant to a financial service job(Most likely wealth management) ?

[@dhairyadoshi9495]

Can you please prepare a detailed video on WME. And also if CFP is needed to enter Into financial planning industry.

[@BhavinMerchant]

I’ve been planning to this for a while.

[@sofiyashaikh3855]

Bhavin I am really confused about the course selection can guide me I am accounting and finance background

[@rubayatchowdhury739]

Does cfa help to get into the finance industry? What is the demand for cfa in canada?

[@bhawnagrover4270]

Hi Bhavin, I have just cleared my Mortgage Broker License in BC. I am planning to do CSC. Is it worth doing it??

[@joseph155]

Great video.

[@JayKariya-cc9ob]

I have one question If I am giving my CSC Course exam at home by selecting an online platform. Would I be able to copy the question from the exam and paste it on Google to find some answers?

[@tatianaortiz7842]

Bhavin, thanks a lot for your video! May I know your background when you were applying for a job (you said it took 3 months)? Thanks a lot again.

[@BhavinMerchant]

You are welcome! So I had some sales experience, about 3-4 months as a sales rep representing Canadian tire bank via third party

[@navneetkaur9439]

Hey there, could you please tell Where and how can i register for ific exam?

[@chetanaahir5122]

I am bit confused between two options for studies in Canada Supply chain management vs it project management

[@BhavinMerchant]

What would you want yo work as ? See which program will help you and choose that

[@vrishankshukla283]

Hi Bhavik. Thanks for sharing such useful information which is much needed for people wanting to come to Canada and building a career in finance. Could you please share details about whether it is possible to get an entry level job in equity research/Investment analyst/credit analyst roles with the csc course ? I have done PGDM in finance from India which is considered as equivalent of 1 year PGDM of Canada. If not, do you have any idea about other small certifications or courses for the roles I mentioned above?

[@BhavinMerchant]

My name is Bhavin* it’s laterally the channel name For entry level jobs it’s pretty easy to break into retail as teller

[@mypatel1524]

How can I start preparation for certification as I don't have financial background

[@monilpatel9366]

Can I know the Noc category for the job title financial service representative? There is a confusion between financial service representative and financial sales representative. Both are in Noc category B?

[@BhavinMerchant]

The NOC category is based off the duties and responsibilities of the job and not the Designation. As long as the duties match the NOC you should be okay. Check with a consultant for professional view though

[@GautamKumar-xz6fi]

NOc A 1114 Financial officers

[@ARAVINDKUMAR-tp1xh]

Should we have to give ific exam once again if we doesn't find job in relevant sector in 2 years from date of passing??

[@BhavinMerchant]

Yes. And I think they changed the years to 3 - you can check if it’s 2 or 3 years on their website

[@Brandon-305]

I'm a engineering major from the Caribbean. I trade forex and I truly desire to peruse a associates in Finance because I really enjoy the field. Do you have any advice for me as a newbie to Finance? Thanks. P.s Atomic Habits is a great read..👍🍻

[@vanshika1537]

Hello Currently I am a college student and working part time . I am unsure if I should i go for csc or not. As I am not really good at math and have limited time to prep for the csc. Could you please guide me

[@thatsbeef]

i dont know if i should do CSC to IFIC. my text promotion requires either or.

[@Must_77785]

Is cfa, cfp, cpa valuable in Canada and do employers in Canada hire them

[@barrytong5488]

Thank you for your information Bhavin I have a doubt after watching the video though. I am new to Canada and trying to join the financial industry with around 1-year experience in my home country. I am currently having a banking customer service job, but I want to be part of the wealth management staff. I keep sending resumes but unfortunately no reply so far. Do you have any advice? should I take some course like Canadian Securities Course (CSC) and Conduct and Practices Handbook (CPH) to increase the chance of getting the new job? Or Should I just keep looking for some more relevant job like the banking teller? Once I luckily get the new job, then take the course mentioned CSC & CPH?

[@whotube88]

How has your journey been so far? Did you have any success?

[@siddharthudyawar9544]

Hey I have an experience in mortgage business is there any course I should do to enter in the same domain in banking.

[@BhavinMerchant]

I’m not in the mortgage department but I think we have to get some certification to be a mortgage agent and also have some basic understanding on how mortgage work in Canada

[@vidhhquaver2066]

Heyy brother, it's very informative...Despite financial knowledge in Canada, how important to have fluency in English ??

[@BhavinMerchant]

English is the primary language so I’d say at least have conversational fluency in English

[@savanthakkar7176]

What salary range someone can expect in your position?

[@vaishalivaghasiya7816]

Hey ... thanks for informing us.. plz help me.. what should I do.. for move Canada ... I Have complete Mcom n I have 4 yr experienced in job of mutual fund distribution company as back office executive... Plz help me out .. what is better for me🙏

[@rakeshkrishnan3255]

Thank you for the video ... can a student get any part time job in finance after passing this exam?

[@BhavinMerchant]

I’ll give it a try

[@virajreddy4992]

Is it possible to get a job as a financial advisor directly after completing the CSC course without starting as a bank teller? Looking forward to hearing from you. Thanks

[@BhavinMerchant]

It’s not impossible but it’s difficult. It depends on your past experience and knowledge about the products and industry

[@falaksharma1]

@@BhavinMerchant hey Bhavin!! Please advise if I should do Pgdm or mba in Canada. Please also suggest some colleges

[@teenaanto4081]

Hi Bhavin i have 6 yrs of Experience in Investment Banking back office, please suggest certification or Course to do..i will reach canada in next 3 months

[@haritha3991]

I am a CFA Level 2 candidate. Is it possible for me to apply job from India with 2 years experience in equity research and CFA Charterholder.

[@nithatharakan2662]

What is the relevant certification in Canada for business analyst in banking?

[@BhavinMerchant]

I’m not sure what would help for the Analyst role

[@sampinto947]

@Bhavin i want to write csc exam from Oman. Is it worth and possible to appear online exam via prometric?

[@BhavinMerchant]

I’m not sure how to write the exam internationally. Check on their website

[@nivethaganesan3080]

Hi Bhavik, I got LOA for financial services- investigation and compliance from Lambton college. Here my fear is it is completely related to Canadian government but I’m interested in knowing about it… how should I define my SOP for VISA and how to validate that it will help me to grow my future in India?

[@urja.31]

Hey Nivetha, I'm currently thinking of applying for the same course from Lambton college. As this comment is 11 months old I'm assuming that you're nearing 1st years end. Can you please share your thoughts on the education quality and also the college's reputation among native citizens?

[@jatintriveni5276]

Hi Bhavin..i have been working at State Bank Of India as a manager since 2013. I'm 35 and currently in a Relationship Manager role for SME financing. I am interested in moving to Canada for work. What are the opportunities available for me if i complete CSC and IFC courses ?

[@BhavinMerchant]

You can easily get into retail banking. No issues

[@anainajoy9013]

I completed my masters in commerce with specialization in finance .Now planning to do a pg diploma in finance ..can you suggest a course for me

[@BhavinMerchant]

It is best to take advice from a counsellor or people you know and the people who know you. I don’t know you enough to give you any advice on a life changing decision

[@gagankhaira3139]

Hiii, I am really interested to do any bank job.but I don’t have any formal education and no specific experience. What course u can suggest me as entry level job in Canadian bank

[@BhavinMerchant]

I don’t really know the up to date info on any course now. Best is get your foot in the door and get some experience

[@vigneshv341]

I have completed my B.E last year and working in a IT company for almost a year. I'm trying to do my master's in finance in Canada.How difficult it's going to be for me? 🥺

[@BhavinMerchant]

Depends on your knowledge in finance and the kind of masters you take. I would say check with university we websites. Good luck !

[@vigneshv341]

@@BhavinMerchant Thanks for replying ❤️....means a lot!

[@KA-du7vm]

can you pls make video on finance jobs in Montreal ? like investment banking ?

[@BhavinMerchant]

I don’t live in Montreal so I’m not sure about the scenario there

[@nithink707]

Hi I'm a engineering graduate with 10 years of engineering experience. I'm planning to move Toronto newly and interested in financial board jobs . Is it advisable for me to do banking certification to join my career in nationalized banks. Kindly advice.

[@BhavinMerchant]

Depends if you like working with banks. Engineering is not the same as baking so

[@vidyasasikumar1382]

I am an agricultural extension officer in a public sector bank in india.completed my agriculture degree in india...so now am planning to study in canada in a banking related course...will it be good with my agriculture degree?and if so which courses should i takeup

[@BhavinMerchant]

Banking doesn’t necessarily work with agricultural but you can definitely switch to finance and banking. In the end it depends if you really want to do banking

[@syedafatima5880]

how can be a bank teller in canada . please suggest me.. do I need to do any bank teller course? which college is good for this course?

[@BhavinMerchant]

You need some sakes experience. Not a lot but just a little.

[@tarunbarman3547]

Hello sir, I’m BBA with 8yrs of Banking experience in India, and recently I Cleared my 3modules Of CFP from FPSB and will clear the final module by this September, am I eligible to get bank job in Canada??

[@BhavinMerchant]

Easily. You have good experience and certifications

[@rinashah2752]

Thanks for this informative video. I am a homemaker and I want to enter the job market after the break of around 9 years. I have 8 years of experience working in a stock broking company in my country. I enrolled for CSC and planning to clear the certification in the next 3-4 months. Is it possible for me to get a job in the financial sector after such a long break?

[@BhavinMerchant]

Difficult but possible since you’ll have the CSC

[@joeroganshorts1138]

Brother please make a video on WME

[@BhavinMerchant]

In the making my friend

[@khushbupatel2258]

Hi, I did my master in finance (banking and insurance), I want to.move in Canada, counsellor suggest me opt IBM course. So I want to ask u which course should I opt for bank jobs...is there any course in which I can directly apply in college Canada or opt IBM course and do side by course of IFC...plzz reply me fast I have to fill that course details earlier.

[@BhavinMerchant]

I’m not really sure. The councillors probably know you and your situation better than anyone on the internet

[@parteekverma4378]

Bro I am currently pursuing bcom hons from Delhi University and Iwanted to ask u that should I go for a two years post grad diploma in financial planning in Lambton college or 1 year post grad diploma in George Brown college

[@strix6618]

Please reply if you got the right choice

[@Vino747]

Hey bro, I have three years of experience in investment banking so I am planning to move Canada, pls suggest me a good course in pgdiploma.

[@BhavinMerchant]

There are a few good programs like Financial planning but always check the courses inside the program and see what you like

[@navneetkhara1011]

Hey do you have stuff available for csc ?

[@BhavinMerchant]

What stuff do you need ?

[@rupali4197]

Hy.... Could you help me to get csc syllabus ?.

[@BhavinMerchant]

It’s on their website

[@saadmultani7251]

What if someone wants analyst role?

[@BhavinMerchant]

It’s good to have some experience in the filed.

[@BharatKumar-zg8ul]

How about the CFA scope in Canada?

[@BhavinMerchant]

There is a really good scope from what I know

[@deepmodi7099]

Which 2nd course u opted .. For 1 plus 1?

[@BhavinMerchant]

Small business management

[@Rahul-kj2cn]

Do we need to give any exam for bank teller???

[@BhavinMerchant]

Nope

[@Aman26051994]

How about CPA Canada? Will it have a wider scope?

[@BhavinMerchant]

A better certification will always have better prospects but nothing is guaranteed

[@vishaldesale2818]

Iam CA in India. Which postgraduate course would be good for me in GBC?

[@BhavinMerchant]

Almost all PGD courses world be similar for you if you are a CA.

[@kanikasharma1330]

Hii bhavin , I just completed my study in computer networking . Now i want to start my career in banking . And I’m confused between IFC or CSC .

[@BhavinMerchant]

IFC is easier to start with

[@ZLS896]

What About BBA degree for finance?

[@BhavinMerchant]

That works. As long as you have some experience to go along with that

[@ashishgupta6650]

Hi bro, Could you suggest me any pg diploma course in finance for Investment Bank job in Canada

[@ashishgupta6650]

It would be great help if you assist me

[@paramdesai]

Hi Bhavin, I’m a CFA L3 candidate (top 10th percentile in L1 and 2) and planning to come to canada next year. How is the job market for CFA charter holders in canada?

[@meetravariya13]

Sir I had a doubt regarding CFA, how do I contact you Can you provide me your Instagram or anything where I can DM you?

[@talkietalk8765]

Would you be able to send me study materials for IFIC course?

[@BhavinMerchant]

Hey! I never took the IFIC course, did the CSC right away and anytime you register for a course via CSI, you’ll get the course materials

[@talkietalk8765]

@@BhavinMerchant Thank you..

[@alanmicheal1551]

Hi Bro, Very informative video about FINANCIAL INDUSTRY. Is it possible to share me the study material of CSC, ? It will be useful for me to prepare for CSC. I am about to Register for CSC once I receive my ITA

[@BhavinMerchant]

You’ll get the study material when you register. You can also use SeeWhy learning if you’d like

[@alanmicheal1551]

@@BhavinMerchant thanks for the info bro

[@alanmicheal1551]

@@BhavinMerchant Hi Bro, I have a question about US CPA . MILES EDUCATION is offering US CPA courses, MRA with CANADA( MUTUAL RECOGNITION AGREEMENT) it gives the eligibility to get CANADA CPA. Do you have any idea about MILES EDUCATION?

[@parthshah4843]

Hey Bhavin I am a finance enthusiast and also a fresher, I am in my last sem of BCom in Mumbai, what would you suggest to a fresher who is aiming to get a graduate certificate in finance field from top 5 in Toronto and then start a career in finance in Canada. Should I prepare for CSC or any other certification along with my studies there or should I wait till I complete my post graduation certificate? I am aiming for Financial Planing in George Brown the course which you did. Ps :- Love your Videos bhaila ❤️❤️

[@BhavinMerchant]

Do your post grad and then based on the circumstance decided if you want to do do CSC or IFC

[@parthshah4843]

Thanks Man. Thanks for replying ❤️

[@janishmahajan5979]

Are certifications hard to get or simple?

[@BhavinMerchant]

They are not that difficult to start with. But as you progress further they do start becoming a little difficult

[@elliotradescrypto9488]

Canadian finance

[@deepaliishetty9354]

Hai... I don't have any experience in financial sector but i have completed my engineering in information science. I have experience of customer support in india. I want to change my field to banking sector once moved to canada. Can you advice how i can start preparing for banking sector from india it self.. Can you please help me with that?

[@raindaze2764]

Pls make a video on scope of frm in Canada

[@VijayAnandMit]

Great content, Bhavin Do you have whatsapp group for preparing CSC courses

[@BhavinMerchant]

Thanks 😊 and Nope my friend. I don’t.

[@VijayAnandMit]

@@BhavinMerchant thank you, good day