Master of Financial Planning
Carolina University’s Patterson School of Business offers a Master of Science in Financial Planning (MFP) designed for individuals pursuing careers as financial planners. The non-thesis master’s degree program will be offered both on campus and online and will prepare individuals seeking to sit for the Certified Financial Planner (CFP) examination. The MFP will require 36 credit hours consisting of ten core classes and two elective classes offered over two years of study. The two elective courses will originate from the MBA and/or Data Science programs.
Program Learning Outcomes
- Demonstrate a solid foundation in the personal financial planning process as defined by professional standards and codes
- Analyze a client's needs, risk profile, assets, debts, values, and financial goals with a view to providing prudent client advice
- Be able to recognize unethical practices in the financial planning profession; develop and apply ethical and professional values
- Evaluate financial statements using metrics and by comparing them to relevant norms
- Construct financial positions and cash-flow statements consistent with sound personal accounting standards
- Advice about strategies to meet clients' financial goals by applying economic concepts
- Communicate honestly and effectively to clients and others; counsel using applicable theoretical and practice-based approaches
- A bachelor’s degree or equivalent from a recognized college or university
- GPA of 2.7 or higher
- Official transcripts from all previously attended schools
- Completed application with Carolina University
- The maximum time limit to complete the program is four years or 150% of the credits, whichever the student reaches first.
- A minimum of 15 credit hours must be completed at CU.
- Up to 50% of the required credit hours can be transferred.
- Graduation is contingent upon the completion of 30 hours of prescribed courses with a minimum cumulative GPA of 2.00.