Department of Finance

Program for Financial Literacy

Personal Financial Planning Track

A CFP® Board Registered Program

A Personal Financial Planning Track in the finance major in Personal Financial Planning offers students structured options leading to careers in the financial services industry.

Students who complete the track will have met the CFP Board of Standards Education Requirement for CFP Certification. For more information about becoming a Certified Financial Planner (CFP), please refer to www.CFP.net.

According to the Occupational Outlook Handbook, “Personal financial advisors are projected to grow by 30 percent over the 2008–18 period, which is much faster than the average for all occupations. Growing numbers of advisors will be needed to assist the millions of workers expected to retire in the next 10 years.”

Personal Financial Planning Track

Finance majors interested in course work related to careers in personal financial planning may pursue a Personal Financial Planning Track in Finance and receive a Personal Financial Planning certificate of recognition from Bauer College by meeting the following requirements within the Finance Major:

  • FINA 4320 - Investment Management Credit Hours: 3.0
  • FINA 4329 - Life Insurance and Annuities Credit Hours: 3.0
  • FINA 4330 - Corporate Finance Credit Hours: 3.0
  • FINA 4352 - Personal Financial Planning Credit Hours: 3.0*
  • FINA 4353 - Practicum in Personal Financial Planning Credit Hours: 3.0
  • FINA 4354 - Risk Management and Insurance Credit Hours: 3.0
  • ACCT 4331 - Federal Income Tax 1 - Individual Credit Hours: 3.0

Additional Elective Hours Required:

  • Advanced Business Elective 3hrs (any 3000-4000 level business course)
  • Advanced Electives 6hrs (any 3000-4000 level course)
  • General Electives 6hrs (any 1000-4000 level course)

*Note: Students may not take both GENB 3300 Introduction to Personal Finance and FINA 4352 Personal Financial Planning without approval of program manager.

Personal Financial Planning Minor

Students of any major interested in a minor with course work related to careers in personal financial planning may pursue a Personal Financial Planning Minor by meeting the following requirements:

Prerequisites:

MATH 1313 and 1314, ACCT 2331, ECON 2304, MIS 3300, STAT 3331

Required Courses (15 semester credit hours):

  • FINA 3332 - Principles of Financial Management Credit Hours: 3.0
  • FINA 4352 - Personal Financial Planning Credit Hours: 3.0*
  • Select 9 semester hours from
    • FINA 4320 - Investment Management Credit Hours: 3.0
    • FINA 4323 - Investments and Mutual Fund Management Credit Hours: 3.0
    • FINA 4353 - Practicum in Personal Financial Planning Credit Hours: 3.0
    • FINA 4354 - Risk Management and Insurance Credit Hours: 3.0
    • FINA 4329 - Life Insurance and Annuities Credit Hours: 3.0
    • FINA 4396 - PFP Internship for Credit Credit Hours: 3.0
    • or any three semester credit hour finance course at the 4000-level related to Personal Financial Planning (consult the Finance Academic Advisor for an approved list).

Students cannot count courses toward both the Personal Financial Planning Minor and toward the Finance major requirements or another business minor. These courses can be used to meet advanced business elective requirements, and advanced and general elective requirements for the B.B.A.

Nonbusiness majors seeking the Personal Financial Planning Minor must have the same grade point average requirements as students changing their major to pre-business at the time of filing for a minor.

*Note: Students may not take both GENB 3300 Introduction to Personal Finance and FINA 4352 Personal Financial Planning without approval of program manager.