Master of Science in Personal Financial Planning

Program Overview

The Master of Science in Personal Financial Planning is tailored for financial planners who are interested in expanding their knowledge beyond typical financial licensing and credentials. The curriculum is based on a client-centered, problem-solving method using case studies to give you a hands-on approach to the material.

Program Learning Objectives

Graduates should be able to:

  • Know: Demonstrate expertise in integration of personal financial planning and fiduciary duty with advanced frameworks in behavioral finance, economics, and complex issues related to client interests, aspirations, pathways, and life events.
  • Apply: Apply quantitative methods and knowledge framework in personal financial planning for their clients and are able to apply advanced methods in portfolio management, preretirement planning, and complex issues in tax and estate planning as part of the financial planning process.
  • Critical Analysis and Evaluation: Bring a sophisticated level of critical evaluation and analysis to consideration of client-specific scenarios.
  • Communicate: Educate and communicate with clients using client-centric verbal, written, visual, and numerical presentations to engage clients throughout the financial planning process.
  • Professional Practice: Employ ethical, regulatory, and legal guidelines when making financial decisions and recommendations.
  • Lifelong Learning: Engage in lifelong learning to ensure competency and respond to changes in the legal and economic environments.
  • Discovery: Engage in research and discovery of relevant and current topics in financial planning and allied areas, including such areas as behavioral finance as it may apply to advising clients on complex financial planning issues.

Program Curriculum

A minimum of nine (9) credits must be earned in Master of Science in Personal Financial Planning degree coursework with the College for Financial Planning. You must complete 30 semester credits with a minimum 3.00 grade point average to graduate from the program.

Courses

Credits

PFPL510: Financial Planning Process and Insurance*

3

PFPL520: Investment Planning*

3

PFPL530: Income Tax Planning*

3

PFPL540: Retirement Planning and Employee Benefits*

3

PFPL550: Estate Planning*

3

PFPL560: Preretirement Financial Planning Topics

3

PFPL570: Portfolio Management for Personal Financial Planners

3

PFPL600: Case Study in Personal Financial Planning

3

Elective 1

3

Elective 2

3

TOTAL REQUIRED CREDITS

30

Electives

ECON532: Economics for Financial Planners

PFPL522: Behavioral Finance

PFPL536: Applied Tax Planning

PFPL556: Applied Estate Planning

PFPL582: Retirement Planning Strategies (CRPC® Program)

PFPL583: Retirement Plan Studies (CRPS® Program)

PFPL584: Wealth Management Strategies (AWMA® Program)

PFPL585: Principles of Portfolio Management (APMA® Program)

PFPL586: SRI Strategies (CSRIC® Program)

PFPL587: Behavioral Finance Strategies (ABFP Program)

PFPL592: Current Issues in Financial Planning

*Courses may be eligible to be substituted with an elective course if the student holds an active CFP® certification that has been confirmed by the Registrar’s Office.

Graduate Certificate in Personal Financial Planning

Students who complete fifteen (15) credits in the following courses and meet the eligibility requirements will be awarded a Graduate Certificate in Personal Financial Planning.

Course Code

Course Title

Prerequisite(s)

Credits

PFPL510

Financial Planning Process and Insurance

None

3

PFPL520

Investment Planning

None

3

PFPL530

Income Tax Planning

None

3

PFPL540

Retirement Planning and Employee Benefits

None

3

PFPL550

Estate Planning

None

3

TOTAL REQUIRED CREDITS

15

Eligibility Requirements

  • Successful completion of fifteen (15) credits in required coursework
  • Maximum of six (6) credits earned through transfer or articulated coursework
  • 3.00 minimum cumulative GPA in applicable courses

Master Planner Advanced Studies (MPAS®) Designation

College for Financial Planning students are eligible to apply for the MPAS® designation following graduation from the Master of Science in Personal Financial Planning degree.

The MPAS® is ideal for individuals who are employed at firms that exclusively reimburse for designations and certifications.

Upon graduation, you can apply for the designation at any time. There is no charge to initially obtain the designation; however, designees must complete renewal requirements every 2 years to maintain it. A detailed list of the requirements can be found on our designation renewal page.