Wealth management is the application of asset management principles founded on the concepts of financial decision making and behavioral finance, including the value of time, the assessment of risk, and the measurement of performance within a financial planning framework. The Certified Financial Planning Board states that a program such as ours will provide students with three essential elements needed to gain trust and earn recognition in the personal financial field: competency, confidence and credibility.
Students pursuing the minor will build a focused skill set in high demand in a helping profession that aligns with the mission of the University. Successful completion of the minor allows the student to sit for CFP® designation.
Pre-requisites (9 credits)
- ENGL 2516 – Business Writing (3 credits)
- COST 1600 – Oral Communication (3 credits)
- ECON 1411 – Introduction to Economics (3 credits)*
Required Courses (12 credits)**
- BFIN 2111 – Financial Planning and Risk with Lab (3 credits)
- BFIN 2112 – Investment and Tax Planning with Lab (3 credits)
- BFIN 2113 – Retirement and Estate Planning with Lab (3 credits)
- BFIN 2114 – Financial Plan Development (3 credits)
*Note: for Stillman students (ECON1402/1403) will replace ECON1411
Promising Career Outlook
Demographic dynamics are driving a forecasted industry growth of at least 30% during the next decade and across all age groups. With the average age of financial specialists being 50, with well over one-third expected to retire within the next decade, and with fewer than 10% over the age of 35, career prospects in this field hold great promise.
Opportunities for Underrepresented Groups
Data also indicates attractive opportunities for women, African Americans and Latinos, who have historically been underrepresented and are now amongst the fastest growing demographics.
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