FOR IMMEDIATE RELEASE
Monday, May 15, 2006
Contact:
Dave Wellman, Director of
Communications, (304) 696-7153
Marshall
University now offers
CFP Board-registered program in
financial planning
HUNTINGTON, W.Va. – The Lewis College of Business at Marshall University has registered with Certified Financial Planner Board of Standards Inc. (CFP Board) to provide a new financial planning program. Marshall is the first university in West Virginia to offer a CFP Board certified financial planning program.
An independent certifying organization, CFP Board owns the certification marks CFP® and Certified Financial PlannerTM, as well as federally registered CFP, which it awards to individuals who meet its education, examination, experience and ethics requirements. Students completing the financial planning program at Marshall University will be eligible to sit for the national CFP® Certification Examination administered by CFP Board.
“The CFP Board is pleased to have an educational institution of the caliber of Marshall University now offering its approved financial planning curriculum,” said Barton C. Francis, CFP®, chair of CFP Board’s Board of Governors. “As student interest in financial planning as a career continues to grow, we anticipate that Marshall University’s program will contribute significantly to the number of qualified candidates seeking to sit for the CFP® Certification Examination.”
Lawrence Shao, Division Head of Finance and Economics at Marshall, said the university is pleased to offer a quality financial planning program at the Lewis College of Business.
“The curriculum taught in each of our financial planning courses has been approved by leaders in the industry,” Shao said. “Once our students complete all course requirements and pass a national examination, they will be able to apply for their CFP certification.”
In considering a school’s application to register a program, CFP Board compares the program with the financial planning-related topics identified in extensive, periodic job-task analysis studies. The job-task analyzes surveys from financial planning professionals to determine areas students should master in order to provide competent, ethical financial planning services.
The topics to be mastered can be categorized into the following broad subject areas: general principles of financial planning, insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning and estate planning.
“Students who major in finance will automatically complete two of the six courses that count toward the CFP requirements,” Shao said. “If they plan their schedules carefully, our finance majors will be able to finish three of the CFP courses by the time they graduate. This will help distinguish them once they enter the job market.”
More information on the program is available by contacting Shao at (304) 696-4330.
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