Program Overview:
The Financial Planning major is intended for the student interested in personal financial planning for individuals or families. Financial planning involves the management of financial resources to establish a goal of where a person would like to be in the future and develop a plan of how he or she can achieve that goal. The plans developed require a comprehensive approach that includes several areas of personal finance, including investments, insurance, retirement benefits, estate planning, personal taxes, and financial plan development. Students of the Financial Planning major are also strongly encouraged to develop a focus in Accounting/Taxation and/or Finance and/or Marketing beyond the foundational knowledge of Financial Planning.
The Financial Planning major will prepare students to enter the field of financial planning in organizations such as banks, credit unions, insurance companies, investment firms or accounting firms. Eventually, students may choose to establish their own private practice for financial planning.
The Financial Planning major curriculum meets the educational requirement for certification with the Certified Financial Planner Board of Standards (CFP Board) and qualifies students to sit for the CFP® Certification Examination, administered by the CFP Board.
Program Contacts:
Dr. Yu-Jung Avis
Accounting, Finance & Economics Department Co-Chair
Email: avisy@mail.strose.edu
Dr. Dandan Wu
Accounting, Finance & Economics Department Co-Chair
Email: wud@mail.strose.edu
Program Webpage:
Financial Planning
Program Requirements:
The Financial Planning major at the College of Saint Rose offers a curriculum that complies with the educational requirement of the CFP® certification.* The Financial Planning major is built on a solid foundational knowledge of accounting and business. All Financial Planning majors develop a comprehensive understanding in the various functional areas of accounting and business by completing the Accounting and Business Requirements; they develop a focus in financial planning by completing the Financial Planning Requirements; and they develop a further specialized interest by completing the Electives Requirements.
Normally, once a student has matriculated in the Financial Planning major at The College of Saint Rose, he or she must satisfy all remaining major requirements with Saint Rose courses. Likewise, students pursuing the Financial Planning minor must satisfy all requirements for the minor with Saint Rose courses.
The minimum credit requirement for the Bachelor of Science in Financial Planning at The College of Saint Rose is 122 credits, which consists of the following:
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Accounting and Business Courses
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36 credits
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Financial Planning Courses
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18 credits
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Electives**
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6 credits
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College Liberal Education requirements
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41 credits
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Additional arts and science electives***
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8 credits
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Additional credits****
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13 credits
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*CFP® and CERTIFIED FINANCIAL PLANNERTM are certification marks owned by the Certified Financial Planner Board of Standards. These marks are awarded to individuals who successfully complete the CFP Board’s initial and ongoing certification requirements. The College of Saint Rose does not certify individuals to use the CFP® and CERTIFIED FINANCIAL PLANNERTM. CFP certification is granted only by the Certified Financial Planner Board of Standards to those persons who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met its ethics, experience and examination requirements.
**The elective courses from the Accounting/Taxation minor and/or Finance minor and/or Marketing minor
***Arts and science electives include courses from the arts and sciences that may or may not have Liberal Education designation. Courses taken in professional fields such as accounting, business, nursing, education, medical technology or engineering are generally not recognized as arts and sciences for this requirement. Students must consult with their advisors in selecting these courses.
****Additional credits include any courses offered or accepted by The College of Saint Rose that can be applied toward the 122 credit hour graduation requirement.
Major in Financial Planning (60 credits)
Accounting and Business Courses (36 credits)
Financial Planning Courses (18 credits)
Elective Courses (6 credits)
Take two courses from the following minors:
Accounting/Taxation minor
Finance minor
Marketing minor
Financial Planning majors must complete the following courses as part of their Liberal Education requirements:
In addition, Financial Planning majors must complete
MAT 184 Elementary Statistics as an arts and science elective. Students must earn a cumulative grade point average of 2.0 or better in all courses required for the 60-credit Financial Planning major.
Suggested 4 Year Course Plan:
This suggested plan is designed to give students an idea of how to balance their coursework over 8 semesters and to graduate within 4 years. Most students will need to take a minimum of 30 credits each year in order to meet the graduation requirement of a minimum of 122 overall credits. It should be used along with your Degree Works worksheet and in consultation with your faculty advisor. It is meant as a guide, not a definitive list of courses that must be taken as written. Your faculty advisor will help you make any necessary adjustments during advisement.
Year 1:
Fall (16 credits)
L10 ECO 205 Prin Macroeconomics (3 cr)
L01 ENG 105 (or ENG 104 + ENG 274) (4 cr)
L08 CSC 114 (3 cr)
L06 PHI 102/205; RLS 102/220 (3 cr)
BUS 111/199 Fundamentals of Business (3 cr)
Spring (16 credits)
L13 ECO206 Prin Microeconomics (3 cr)
BUS 233 Business Law 1 (3 cr)
L02 Language (3 cr)
L03 History (3 cr)
L04 Literature (4 cr)
Fall (15 credits)
ACC 121 Prin Financial Accounting (3 cr)
BUS 246 Organizational Behavior (3 cr)
BUS 302 Insurance Planning (3 cr)
L07 MAT 180 (or MAT185/190) (3 cr)
L05 Art, Drama, Music, Com. (3 cr)
Spring (16 credits)
ACC 122 Prin Managerial Acc't (3 cr)
BUS 253 Principles of Marketing (3 cr)
BUS 301 Financial Management (3 cr)
MAT 184 (or MAT195, MAT120) or BUS280 (4 cr)
L11 Psychology, Sociology, Soc Wrk (3 cr)
BUS493 Pre Internship (0 cr)
Fall (16 credits)
BUS 210 Business Communications (3 cr)
FIN/ACC/Mktg elective (3 cr)
ACC 328 Taxation (3 cr)
BUS 352 Operations Management (3 cr)
L09 Lab. Science (4 cr)
Spring (15 credits)
ACC320 Acc't Information Systems (3 cr)
BUS334 or Persn'l Wealth MGMT (3 cr)
BUS406 Estate Planning (3 cr)
BUS486 Investment I (3 cr)
Diversity course (3 cr)
Fall (15 credits)
Arts & Sci Elective / General Elective (3 cr)
BUS 305 Benefits & Retirement Planning (3 cr)
BUS 487 Global Topics in Finance (3 cr)
FIN/ACC/Mktg elective (3 cr)
BUS 494 Internship (Not Required) (3 cr)
Spring (13 credits)
BUS 491 Field Study in Fin Plan Dev. (3 cr)
Arts & Sci Elective / General Elective (3 cr)
Arts & Sci Elective / General Elective (3 cr)
General electives (non-A&S) (2 cr)
L12 PE (2 cr)
Internship/Field Experience/Study Abroad/Service:
A study abroad option is available to interested students who want to spend a semester at an approved college or university in another country. The approved courses taken will count toward the Business degree.
Required Course:
Professional Accreditations:
The College of Saint Rose, sponsored by the Sisters of Saint Joseph of Carondelet, Albany Province, is chartered by the Board of Regents of New York State. All of its degrees and programs are registered and its professional programs fully approved by the Board of Regents through New York State Education Department.
The College of Saint Rose is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, PA 19104. (267-284-5000). The Middle States Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation. http://www.msche.org
Admissions and Financial Aid Information:
The Undergraduate Admissions Office begins review of Freshman applications each fall in late September for the following Fall. Students are encouraged to submit a complete an application as early as November. The Admissions Team will return a decision on complete applications within just three weeks. The College awards academic scholarships at the same time.
What Makes an Application Complete
- Online or Paper application (fee waived for online applicants!)
- Official High School Transcripts
- Official Transcripts for any College Level Courses
- SAT or ACT scores (See Test Optional FAQ's)
- Letter of Recommendation from a Counselor or Teacher
- Essay or Graded Paper
- Applicants may also apply via the Common Application Online.
- Art applicants are required to complete a portfolio review.
Admissions contact information (telephone number, admissions web pages)
Scholarships and Financial Aid
See Tuition, Fees, and Financial Aid section for more information.
The Bottom Line
The total cost of The College of Saint Rose (including tuition, fees, room and board) is one of the lowest of any private college in the Northeast, and we still award more than $25 million in Saint Rose scholarships, grants and financial aid.
Take a look at our bottom line, and view a cost comparison with a four-year public institution.
More about Financial Aid
Financial Aid is defined as any grant, scholarship, loan, or employment opportunity given with the express purpose of assisting you with education-related expenses to make you education affordable. Financial Aid is awarded on the basis of student need and the availability of funds.
The Admission and Financial Aid teams have designed a Guide to Scholarships and Financial Aid to help prospective students and families get to the bottom line and find that The College of Saint Rose is one of the lowest of any private college in the Northeast--while maintaining powerful academic opportunities.
Find Out More: