Overview
The Certified Financial Planning (CFP) concentration equips MBA students with a strong foundation in the principles of financial planning. As individuals and businesses increasingly seek guidance in managing wealth and preparing for the future, the need for comprehensive financial expertise continues to grow.
Meeting this demand requires knowledge across several key areas: investment strategies, retirement and employee benefit planning, insurance and risk management, and estate and income tax planning.
This concentration provides students with the tools to evaluate financial needs, develop tailored plans, and offer informed guidance across a range of finance scenarios.
Program Structure
In addition to the 24 credit-hour MBA core curriculum, a concentration in Certified Financial Planning requires completion of the course work below.
A concentration shall include at least nine (9) credit hours.
| Course Number | Course Title |
Description |
Credits |
| BSAD 8836 |
Fundamentals of Financial Planning (REQUIRED) |
The course provides students with practical skills in evaluating personal financial statements, applying time value of money principles, creating education funding strategies, advising on debt management, integrating behavioral finance, and understanding regulatory, ethical, legal, and economic aspects of financial planning. (Cross-listed with FNBK 4300). | 3 |
| Select two (2) courses from the list below: | |||
| BSAD 8510 | Security Analysis | Study of the efficient market, fundamental and technical analysis approaches for the valuation of marketable securities. Methods of analysis are considered for the economy, industry groups and individual corporations. | 3 |
| BSAD 8846 | Retirement Planning and Employee Benefits | This course addresses key retirement issues, such as income planning, Social Security, Medicare, long-term care insurance, and retirement plan distributions. It also covers housing, guardianships, powers of attorney, and living trusts. Students will explore employee benefits, focusing on distribution options, rules, taxation, and investment strategies. Additional topics include equity-based and deferred compensation. The course provides a broad understanding of factors influencing retirement decisions for individuals. (Cross-listed with FNBK 4320) | 3 |
| BSAD 8596 | Insurance and Risk | An analysis of risk management techniques for handling the risk exposures most businesses face, including insurance, self insurance, risk control, and risk avoidance, among others. (Cross-listed with FNBK 4590). | 3 |
| BSAD 8856 | Estates and Income Tax | This course covers estate planning topics, such as estate and gift taxes, trust planning, property ownership, life insurance, annuities, postmortem tax strategies, and charitable giving. It emphasizes tax planning strategies related to investment goals, focusing on discretionary income and net worth. Students will learn to evaluate investment decisions based on current tax implications. (Cross-listed with FNBK 4330). | 3 |