What is Financial Planning?
Financial planning is defined as "the process of determining how an
individual can meet life goals through the proper management of his or
her financial resources. Some life goals include a comfortable
retirement, buying a home, saving for a child's education, or starting
a business." A financial planner assists people with their financial
planning needs including: investment planning, insurance planning, tax
planning, retirement planning, and estate planning.
Source: Media Guide to the Financial Planning Profession.
Certified Financial Planner Board of Standards, 2000.
Financial Planning Careers
A career in financial planning can be very rewarding. If you are a
person who likes to help people and earn substantial income, then
financial planning would be an excellent career choice. Opportunities
are expanding as banks, brokerage firms, accounting firms,
corporations, insurance agencies, attorneys, and financial planning
firms are providing financial services. To bring professional
credibility to financial planning the Certified Financial Planner Board
of Standards was organized as "a nonprofit professional regulatory
organization that exists to benefit and protect the public by
establishing and enforcing education, examination, experience, and
ethics." To attain the CFP™ certification, one must meet the
requirements of the four "E's": education, examination, experience, and
ethics. Individuals who have attained the CFP™ certification have
demonstrated "high standards of competence and ethical practice."
Financial Planning at Fort Hays State University
The College of Business and Entrepreneurship is the only business school
in the state of Kansas that offers an undergraduate degree program in
financial planning. Our curriculum is registered with the Certified
Financial Planner Board of Standards. A student completing the
financial planning concentration meets the education requirements to sit for
the CFP™ Certification Examination. In four years, students earn the
Bachelor of Business Administration (BBA) degree with a major in
finance and a concentration in financial planning. The necessary knowledge
requirements include: financial planning fundamentals, investments,
insurance, estate planning, retirement and employee benefits, and
taxes. Development and enhancement of written and oral communication
skills, leadership skills, and significant computer application are
integrated into the curriculum. Another very attractive alternative
offered at FHSU is a double degree in financial planning and
accounting. This five-year program satisfies the education requirements
for both the Certified Public Accountant (CPA) and the CFP™
Former Student Testimonials About the Financial Planning Program
"The education I received from the Financial Planning program
helped me decide my career path, and also gave me a solid knowledge
base from which I could build my financial planning practice."
American Express Financial Advisors
Financial Planning is not just equations and principles, the
understanding of these fundamentals will benefit you through the
various paths of life. The program at Fort Hays State University
provided me with the necessary tools to be successful."
Principal Financial Group
Des Moines, Iowa
For more information, please contact Dr. Bobby Alexander, Financial Planning Program Director
Fort Hays State University does not certify individuals to use the
CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP (with flame logo)®
certification marks. CFP certification is granted only by Certified
Financial Planner Board of Standards Inc. to those persons who, in
addition to completing an educational requirement such as this CFP
Board-Registered Program, have met its ethics, experience and
Certified Financial Planner Board of Standards Inc. owns the
certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP (with
flame logo)®, which it awards to individuals who successfully complete
initial and ongoing certification requirements.