emphasis

Financial Planning Emphasis

for BBA in Finance

Starting in 2009-2010 General Bulletin

The Financial Planning emphasis in the BBA in Finance is for students interested in meeting the demand for personal financial planning professionals. Financial planning professionals provide expertise to individuals in matters related to taxes, investments, retirement, and estate planning. They use tools such as planned giving, life insurance, and wills to assist individuals who face complex challenges in achieving their financial goals.

Experts predict the greatest wealth transfer in history to occur in the next twenty years as baby boomers leave wealth to children and grandchildren. Also, the increasing percentage of the population heading into retirement has created an increased need for professionals who understand pension plans and personal wealth management. These forces have combined to cause more individuals and families to seek professionals for help in financial matters. In addition, practicing financial planners are themselves aging as a group and increasingly face situations where advanced skills and knowledge are required to deliver the required service.

Financial Planner

help individuals and groups plan the use of their savings, income and investments
examine client’s immediate and long-term financial situations
familiar with legal restrictions and laws concerning retirement plans, tax shelters, insurance, and trusts
Comprehensive financial planning uses an integrated approach to monitor all aspects of someone’s financial situation
Insurance & Risk Management
Investment Planning
Tax Planning
Retirement Planning & Employee Benefits
Estate Planning

Financial planners are in high demand!
Employment opportunities for personal financial

advisors are expected to grow "faster than average
through 2012," according to the Department of Labor’s

Occupational Outlook. In addition, "financial advisors

who have the CFP® Certification are expected

to have the best opportunity."

Other Potential Positions for Financial Planning Graduates

Agent
Banking/Investment Manager
Benefits Consultant
Broker
Investment Advisor
Tax Planner
Accounting firms
Nonprofit organizations
Human resource positions

Course Number	Course Name	Description	Prereqs	Tentatively Offered
FIN 357	Introduction to Investments	Examination of the operation and functions of the organized security markets with emphasis on the individual investor	FIN 333	Fall Spring
FIN 361	Risk Management and Insurance	Introductory course in the principles of risk management and insurance: the place of risk management and insurance in the economy, the theory and principles of risk management and insurance, and comprehensive coverage of all lines of insurance.		Fall Spring
FIN 369	Personal Finance	Introduction to personal financial decision making. Prepares individuals to deal with decisions about goals, spending, home buying, managing risk and insurance, investing and retirement.		Fall Spring
ACC 343	Federal Income Tax	Introduction to federal income tax legislation as applied to individuals and business.	ACC 232	Fall Spring Summer
GBU 475	Estate Planning	Analysis of the legal requirements and tax considerations involved in the design and administration of estates, including trusts and wills, with an emphasis on lifetime estate planning.	BLW 335	Fall
FIN 415	Personal Financial Planning	Prepares students to assist others in their financial planning and strategies of investment and insurance. Emphasis on retirement planning and needs, risk analysis, trusts, and tax planning and shelters. Utilization of case studies.	FIN 357 FIN 361 FIN 369 ACC 343	Spring

Steps to inital CFP Certification

For more information see:

Dr. Todd A. Brown

McGee 392C

468-1783

brownta1@sfasu.edu

Comments and suggestions welcome:
scanlanm@sfasu.edu
Last Updated: November 10, 2008