Overview
The Bachelor of Business Administration in Financial Planning, offered by the Department of Finance, provides students with knowledge and skills that are necessary to become a financial planning professional. Financial planners help individuals meet their life goals through growing, managing and protecting their assets. They holistically evaluate clients' financial situations, develop and present recommendations, advise clients on retirement, taxes, and estate planning, create portfolios that meet clients' investment objectives, and monitor clients' progress toward their financial goals. A successful financial planner must be skilled in the following areas:
- Retirement planning;
- Investment allocation;
- Income tax and estate planning;
- Insurance and employee benefits planning; and
- Financial statement preparation and analysis.
Financial planners are in great demand nationally and in the Philadelphia region. Potential employers include national and regional banks (i.e., Wells Fargo, Bank of America, Citigroup, JPMorgan Chase), asset managers (i.e., Charles Schwab, Vanguard, Fidelity, T. Rowe Price), accounting firms, registered investment advisors, and independent financial planning businesses and institutions.
Campus Location: Main
Program Code: BU-FINP-BBA
Student Professional Organization
All Financial Planning majors are encouraged to join the Financial Planning Association (FPA). This student professional organization provides its members an opportunity to engage and interact with financial planning professionals from registered investment advisors, broker-dealers and national investment firms. The annual FPA Career Day event and weekly student-led workshops prepare students for internships and careers in financial planning.
Licensure/Certification
Certified Financial Planner (CFP)
A Certified Financial Planner (CFP) credential is the gold standard for employment and advancement in the financial planning industry. The CFP requirements are the same in all states. First and foremost, candidates must hold at least a bachelor's degree from an accredited college or university. Second, they must complete coursework offered by a Registered Program provider approved by the CFP Board. The BBA in Financial Planning at the Fox School of Business and Management has been a CFP Board Registered Program since July 2015. To maintain this status, it incorporates 72 required Principal Knowledge Topics in the course curriculum. Third, candidates must pass the CFP exam, which is given three times per year (March, July, September). Fourth, candidates must attain three years of relevant work experience. Fifth, candidates must sign an Ethics Declaration and undergo a background check.
https://www.cfp.net/get-certified/certification-process
Contact Information
Oleg Rytchkov, Department Chair
Alter Hall, Room 420
215-204-4146
rytchkov@temple.edu
Cindy Axelrod, Director of the Financial Planning Program
Alter Hall, Room 422
215-204-1917
cindy.axelrod@temple.edu
Learn more about the Bachelor of Business Administration in Financial Planning.
These requirements are for students who matriculated in academic year 2023-2024. Students who matriculated prior to fall 2023 should refer to the Archives to view the requirements for their Bulletin year.
Summary of Requirements
University Requirements
All new students are required to complete the university's General Education (GenEd) curriculum.
Note that students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University requirements current at the time of re-enrollment.
College Requirements
Students must meet College Graduation Requirements for the Bachelor of Business Administration, including the requirements of the major listed below. Students must attain an overall GPA of 2.0 and a 2.0 GPA in the major to graduate as a Finance major.
Major Requirements
Students must follow the Major Requirements and College Requirements current at the time of declaration. Students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University, College, and Major requirements current at the time of re-enrollment.
Requirements of Financial Planning Major
| Code | Title | Credit Hours |
|---|---|---|
| FIN 3507 | Security Analysis and Portfolio Management | 3 |
| FIN 3519 | Introduction to Financial Planning | 3 |
| LGLS 3519 | Tax, Estate and Trust Planning | 3 |
| RMI 3519 | Insurance, Benefits and Retirement Planning | 3 |
| FIN 4598 | Seminar in Financial Planning 1 | 3 |
| Select one of the following: | 3 | |
| Interpersonal Processes through the Life Span | ||
| Conflict Processes | ||
| Mediation: Principles and Practice | ||
| Negotiation Processes | ||
| Facilitating Group Decision-Making | ||
| Power, Influence and Negotiation | ||
| Professional Selling and Sales Management | ||
| Total Credit Hours | 18 | |
- 1
This major capstone is taken in the final semester, and all prerequisites must be met.
Suggested Academic Plan
Bachelor of Business Administration in Financial Planning
Suggested Plan for New Students Starting in the 2023-2024 Academic Year
Please note that this plan is suggested only, ensuring prerequisites are met.
| Year 1 | ||
|---|---|---|
| Fall | Credit Hours | |
| STAT 1001 | Quantitative Methods for Business I | 3 |
| ECON 1101 | Macroeconomic Principles | 3 |
| HRM 1101 | Leadership and Organizational Management | 3 |
| ENG 0802 | Analytical Reading and Writing or Analytical Reading and Writing: ESL or Honors Writing About Literature | 4 |
| GenEd Breadth Course | 3 | |
| Credit Hours | 16 | |
| Spring | ||
| STAT 1102 | Quantitative Methods for Business II | 4 |
| ECON 1102 | Microeconomic Principles | 3 |
| BA 1103 | Legal and Ethical Reasoning in Business | 3 |
| IH 0851 or IH 0951 | Intellectual Heritage I: The Good Life or Honors Intellectual Heritage I: The Good Life | 3 |
| GenEd Breadth Course | 3 | |
| Credit Hours | 16 | |
| Year 2 | ||
| Fall | ||
| ACCT 2103 | Financial and Managerial Accounting for Decision Making | 4 |
| STAT 2103 | Statistical Business Analytics (waives GenEd Quantitative Literacy requirement) | 4 |
| MIS 2101 | Digital Systems | 3 |
| MKTG 2101 | Marketing Management | 3 |
| IH 0852 or IH 0952 | Intellectual Heritage II: The Common Good or Honors Intellectual Heritage II: The Common Good | 3 |
| Credit Hours | 17 | |
| Spring | ||
| FIN 3101 | Financial Management | 3 |
| BA 2101 | Professional Development Strategies | 1 |
| BA 2196 | Business Communications | 3 |
| Select one of the following: 1 | 3 | |
| Turning Numbers into Knowledge: Visualizing Data | ||
| Business Analytics: Modern Data Science Techniques | ||
| RMI 2101 | Introduction to Risk Management | 3 |
| GenEd Breadth Course | 3 | |
| Credit Hours | 16 | |
| Year 3 | ||
| Fall | ||
| MSOM 3101 | Operations Management | 3 |
| FIN 3519 | Introduction to Financial Planning | 3 |
| Business Elective 2 | 3 | |
| GenEd Breadth Course | 3 | |
| GenEd Breadth Course | 3 | |
| Credit Hours | 15 | |
| Spring | ||
| Select two of the following: | 6 | |
| Security Analysis and Portfolio Management | ||
| Tax, Estate and Trust Planning | ||
| Insurance, Benefits and Retirement Planning | ||
| Business Elective 2 | 3 | |
| GenEd Breadth Course | 3 | |
| Free Elective | 3 | |
| Credit Hours | 15 | |
| Year 4 | ||
| Fall | ||
| BA 4102 | Strategic Management | 3 |
| Select one of the following: | 3 | |
| Security Analysis and Portfolio Management | ||
| Tax, Estate and Trust Planning | ||
| Insurance, Benefits and Retirement Planning | ||
| Business Elective 2 | 3 | |
| GenEd Breadth Course | 3 | |
| Free Elective | 3 | |
| Credit Hours | 15 | |
| Spring | ||
| FIN 4598 | Seminar in Financial Planning | 3 |
| Select one of the following: | 3 | |
| Interpersonal Processes through the Life Span | ||
| Conflict Processes | ||
| Mediation: Principles and Practice | ||
| Negotiation Processes | ||
| Facilitating Group Decision-Making | ||
| Power, Influence and Negotiation | ||
| Professional Selling and Sales Management | ||
| Free Elective | 3 | |
| Free Elective | 3 | |
| Free Elective | 2 | |
| Credit Hours | 14 | |
| Total Credit Hours | 124 | |
- 1
Please check with your departmental advisor on which course is most appropriate for the major.
- 2
2000-3999 electives can be selected from: ACCT, AS, BA, ECON, FIN, HRM, IB, LGLS, MIS, MKTG, RE, RMI, STAT, SCM, SGM. Please see your advisor for elective suggestions that match your career objectives.