Students graduating with a minor may take the CFP Certification Exam by the CFP Board
Preston Cherry, assistant professor of finance and personal financial planning at the University of Wisconsin-Green Bay, said more than 15 students have signed up for the new major since it was announced, and more have expressed interest.
As more students begin to learn about college, Cherry says there is a greater demand for the major within the community and industry.
The Personal Financial Planning minor will provide students with the basics of financial planning, while also giving them the experience they need to sit for the financial planning certification exams. The Certified Financial Planning Standards Board, Inc. (CFP Board) approved the curriculum for the new financial planning program earlier this year.
Students graduating with a financial planning major will have the education required to sit for the CFP Certification Examination by the CFP Board. Once they pass the exams and get certified, they will have a competitive advantage among their peers.
Cherry said Northeast Wisconsin businesses have wanted a financial planning program, as have alumni. Both groups want qualified financial planning candidates to come out of college as potential employees and service providers.