Core Curriculum

Four years of Personal Finance and Practice Management lectures. Each includes learning objectives, a recording, slides, and linked resources.

What is in the mLIFE core curriculum?

The mLIFE core curriculum runs through all four years of the MD program. Each year pairs one Personal Finance lecture with one Practice Management lecture, and every lecture lists its learning objectives and links to a recording, slides, and related resources. Year 1 is published; Years 2 to 4 are coming soon.

01

Year 1

Foundation: understanding the cost of medical education and building your first financial plan. Both Year 1 lectures are published below with their full learning objectives.

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
Watch Recording Download Slides (PDF)
Related Resources
Budget Templates Scholarships & Funding Lines of Credit
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
Watch Recording Download Slides (PDF)
Related Resources
Net Worth Calculator Registered Account Guides Working with a Financial Planner
02

Year 2

Building competency: Financial literacy fundamentals and understanding physician compensation.

馃摎

Coming Soon

Financial Literacy 101 路 Physician Remuneration & Career Opportunities

03

Year 3

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

馃摎

Coming Soon

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

04

Year 4

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

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Coming Soon

Debt Repayment & Lifestyle Management 路 Setting Up a Practice

Online Only

Pre-Recorded Core Content

Additional lectures available online anytime, supplementing the in-person curriculum. Two are planned: Five Common Financial Mistakes Physicians Make, and Investing 101.

馃帴

Coming Soon

Five Common Financial Mistakes Physicians Make 路 Investing 101