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Degree Overview: Master of Financial Planning Degree Program

Majors Overview May 26, 2015

Get information about Master of Financial Planning degree programs and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.

Master of Financial Planning Programs

Students enrolled in financial planning master’s degree programs are trained in a variety of disciplines relevant to wealth management. Coursework covers the regulations and laws governing the financial planner – client relationship. The development of interpersonal skills essential to the development of professional relationships with clients is commonly encouraged.

Graduates may be ready for the Certified Financial Planner (CFP) exam. Schools offer the programs in online, on-site, or in combination formats. Instead of a thesis, capstone courses or practicum experiences may be featured in some programs.

Education Requirements

Admission criteria typically require incoming students to hold a bachelor’s degree from an accredited university or college. Proficiency in key subjects, such as computers and mathematics may be requirements at some schools.

Coursework

A professional financial planner uses the process of financial planning to help clients develop plans aimed at achieving long-term financial goals. Coursework may include the disciplines of retirement planning, healthcare financing, risk management, estate planning, income tax planning, and investing. Students learn how to determine the client’s financial condition through analysis of various elements such as the client’s retirement expectations, healthcare needs, investing habits, risk profile, consumer-buying patterns, and income prospects. This training relies on using analytical and quantitative models aimed at creating a unique financial plan for every client. Core coursework may cover subject areas such as:

•Financial counseling
•Real estate
•Portfolio management
•Client communications
•Federal income taxation
•Wealth preservation
•Capital accumulation
•Trusts and estates
•Household economics

Career Choices

Program graduates may seek jobs with banks, securities brokers, and insurance companies. They may choose from popular job positions such as:

•Portfolio manager
•Registered representative
•Investment advisor
•Financial consultant, counselor or planner
•Account executive

Job and Wage Outlook

Over the 2012 – 2022 decade, a job growth rate of 27% has been predicted for personal financial advisors. Over the same time-period, securities, commodities and financial services agents are expected to see an 11% growth (U.S. Bureau of Labor Statistics). In 2012, personal financial advisors brought in an average annual wage of $67,520, while securities, commodities and financial services earned $71,720 (BLS).

Continuing Education Choices

Program graduates may seek the CFP certification that they gain through the passage of an exam, and meeting of educational and experience requirements. Though voluntary, the certification may give individuals a competitive edge in the job market.

Graduates may earn a doctoral degree in financial planning to enhance their career prospects. Coursework in a doctorate program may include topic areas such as retirement planning, risk management, and tax planning; graduates may also have to complete a dissertation.

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1 Program(s) Found
  • 100% online format, with no fixed class times, means you can earn your degree at your pace, on your schedule, while still working full-time.
  • Monthly term starts and accelerated 8-week courses so that your ideal course schedule can fit around your other commitments.
  • The B.S. in Business Management program draws from the areas management, marketing, operations, and finance.
  • Through various case studies and discussions with your classmates and faculty, you will be able to apply the theories and best practices you are learning to real-world business situations.
  • 84% of our faculty members hold terminal degrees. In addition to their academic training, instructors have years of experience working in their field
  • Every instructor has been specially trained in the technology and teaching methods that work best in CSU-Global’s 100% online learning environment.
  • Online Courses
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1 Program(s) Found
  • Ranked among top Regional Universities in the South by U.S. News and World Report in 2015.
  • Ranked 37th among the Best Colleges for Veterans by U.S. News and World Report in 2015.
  • Stands as the largest private, nonprofit university in the nation with 100,000+ students.
  • Offers over 230 programs online, from the certificate to the doctoral level.
  • Has a student-faculty ratio of 25:1, and 42.3% of its classes have fewer than 20 students.
Show more [+]
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
Everest College , Newport News
  • Bachelor's and master's level Business programs are available online and on campus.
  • Courses are designed to teach practical business solutions, with a career-focused curriculum.
  • Students can study in areas such as business, applied management, and business administration.
  • Experienced professionals equip students with a working knowledge of marketing, financing, accounting, and sales.
  • Students who have graduated high school in or before 2015 are eligible to apply.
  • Financial Aid
1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

Searching Searching ...

Matching School Ads
1 Program(s) Found
  • Enhance organizational performance and create effective traditional and virtual teams through motivation, organizational culture, and change management.
  • Address the legal and ethical implications of human resources and administration in an organizational setting.
  • Analyze business policy and strategy in relationship to competitors.
  • Resolve conflict by utilizing various management styles and best practices.
  • Understand employment and compensation requirements including insurance, salary, labor, health, and safety.
  • Online Courses
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Ranked among top Regional Universities in the South by U.S. News and World Report in 2015.
  • Ranked 37th among the Best Colleges for Veterans by U.S. News and World Report in 2015.
  • Stands as the largest private, nonprofit university in the nation with 100,000+ students.
  • Offers over 230 programs online, from the certificate to the doctoral level.
  • Has a student-faculty ratio of 25:1, and 42.3% of its classes have fewer than 20 students.
Show more [+]
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

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