Core Curriculum

01

Year 1

Foundation — Understanding the cost of medical education and building your first financial plan.

Learning Objectives

Identify the main contributors to the cost of medical education in Canada
Describe the role of government funding, tuition policies, and institutional costs in shaping the financial landscape of medical education
Appreciate the importance of developing Financial Literacy
Apply basic budgeting strategies to manage your finances effectively during medical school
Explain how medical school is typically funded in Canada and outline common forms of student debt (e.g., lines of credit, credit cards, personal loans, mortgages)
Describe the initiatives led by the University of Ottawa and Student Affairs to provide scholarships and financial support, and how students can access these resources

Learning Objectives

Define what a financial plan is and describe the components that belong in one
Explain why physicians benefit from starting a financial plan during medical school rather than after training
Set short, medium, and long term financial goals that reflect your own values and career intentions
Build a personal net worth statement and a simple monthly cash flow summary
Recognize when a plan should be reviewed and what life events typically trigger a revision
Identify which parts of a financial plan you can build yourself and which call for a professional

02

Building competency — Financial literacy fundamentals and understanding physician compensation.

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Financial Literacy 101 · Physician Remuneration & Career Opportunities

03

Application — Building your financial team and exploring innovation and entrepreneurship.

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Who's on Your Financial Team? · Medical Innovation & Entrepreneurship

04

Transition — Preparing for residency, managing debt, and understanding practice models.

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Debt Repayment & Lifestyle Management · Setting Up a Practice