Personal Financial Planning
Why Study Personal Financial Planning
The basic elements of personal financial planning include cash flow/budgeting analysis, insurance needs, education funding requirements, investment decision, analysis of debt, retirement planning, forecasting retirement benefits and costs, income tax planning, and estate planning. The personal financial planning concentration at Ship is a great opportunity to enhance your career and give yourself an edge in the job market.
Why Study Personal Financial Planning at Ship
Shippensburg University’s program is officially approved by the CFP® (Certified Financial Planner) Board of Standards. If you take all the courses in our program you can take the CFP® examination and earn this professional certification. We encourage you to take advantage of this great opportunity that will enhance your career.
Ship has a well-established Business Internship Program that provides opportunities for on-the-job experience while gaining college credits. Finance majors intern at security brokerage firms, financial services firms, commercial banks, manufacturing firms, as well as government agencies. Internships often turn into job offers, according to post-graduate surveys of Ship business students.
Career Opportunities and Salary Estimates
With a specialty in personal financial planning, you can choose a career within a full array of jobs. Typically, you can be a self-employed financial advisor, or work for depository and non-depository financial institutions such as:
- Saving institutions
- Credit unions
- Brokerage firms
- Law offices
- Human resource and employee benefits departments
The average salary for Personal Financial Planning jobs in PA is $66,000.
The undergraduate Bachelor of Science in Business Admisnistration degree in Finance requires the completion of a minimum of 120 credit hours in the following areas:
- General Education Courses: All students are required to complete the university's general education program, which provides a balanced liberal arts foundation.
- Business Core Curriculum: Finance majors take the same core curriculum as other business majors. This core includes economics, finance, information systems, marketing, organization behavior, and business law as well as other business subjects. See the College of Business website for complete course listings.
- Finance Courses: The courses required of the major provide students with the academic background necessary to be successful professionals. See a complete list on the Finance Program page.
- Personal Financial Planning Concentration: Students may complete 7 additional courses to prepare for the CFP® (Certified Financial Planner) examination and earn this professional certification.
The John L. Grove College of Business has a number of clubs for students to participate in and learn more about their area of study outside the classroom. Student Professional Organizations provide a variety of opportunities for students to develop professional contacts, enhance their course of study with hands-on application, and build lasting friendships within the business community. During the senior year, students are invited to take part in the Investment Management Program class, where they will manage a real-money portfolio. For more information, visit the IMP website. Outside of the classroom, the Investment Club gives students a hands-on experience in managing the Ship Global Collegiate Fund. These groups have been recognized for excellence in portfolio management at regional and national competitions.