Financial Planning

Jonathan Scott, Department Chair
Office: Alter Hall 420
215-204-7605
scottjon@temple.edu

Cindy Axelrod, Director of the Financial Planning Program
Office: Alter Hall 422
215-204-1917
cindy.axelrod@temple.edu

As the first wave of the baby-boom generation hits retirement age, an intense need and demand has arisen for skilled financial professionals to assist boomers – and other generations – in protecting, growing, and managing their assets. This major provides the skills and knowledge to meet the increased demand for financial-planning professionals.

Financial planning is about determining how an individual can meet their life goals through the proper management of financial resources. Financial planning encompasses establishing client goals, analyzing clients' current financial status, developing and presenting recommendations and alternatives to meet the client's goals and, implementing and monitoring the recommendations and alternatives.

Because a financial planner needs to manage their clients overall financial situation, several skills are required. These include:

  • Retirement planning
  • Investment allocation
  • Income tax and estate planning
  • Insurance and employee benefits planning
  • Financial statement preparation and analysis

Financial planners are in great demand in the Philadelphia area as well as in the national market. Potential employers include national and regional banks (i.e., Wells Fargo, Bank of America, Citigroup, JPMorgan Chase, etc.), asset managers  (i.e., Vanguard, Fidelity, T. Rowe Price, etc.), accounting firms, and independent financial planning businesses and institutions.

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. To calculate the GPA in the major, use the major GPA calculator.

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

FIN 3507Security Analysis and Portfolio Management3
FIN 3519Introduction to Financial Planning3
LGLS 3519Tax, Estate and Trust Planning3
RMI 3519Insurance, Benefits and Retirement Planning3
FIN 4598Seminar in Financial Planning 13
Select one of the following:3
Interpersonal Communication through the Life Span
Conflict and Communication
Mediation: Principles and Practice
Negotiation Processes
Facilitating Group Decision-Making
Power, Influence and Negotiation
Sales and Sales Management
Total Credit Hours18

Suggested Academic Plan

Bachelor of Business Administration in Financial Planning

Requirements for New Students starting in the 2018-2019 Academic Year

Please note that this plan is suggested only, ensuring prerequisites are met.

Year 1
FallCredit Hours
STAT 1001Quantitative Methods for Business I3
ECON 1101Macroeconomic Principles3
HRM 1101Leadership and Organizational Management3
ENG 0802, 0812, or 0902Analytical Reading and Writing [GW]4
GenEd Breadth Course3
 Term Credit Hours16
Spring
STAT 1102Quantitative Methods for Business II4
ECON 1102Microeconomic Principles3
LGLS 1101Legal Environment of Business3
IH 0851 or 0951Intellectual Heritage I: The Good Life [GY]3
GenEd Breadth Course3
 Term Credit Hours16
Year 2
Fall
STAT 2103Statistical Business Analytics (waives GenEd Quantitative Literacy requirement)4
ACCT 2101Financial Accounting3
MIS 2101Information Systems in Organizations3
MKTG 2101Marketing Management3
IH 0852 or 0952Intellectual Heritage II: The Common Good [GZ]3
 Term Credit Hours16
Spring
ACCT 2102Managerial Accounting3
FIN 3101Financial Management3
BA 2101Professional Development Strategies1
BA 2196Business Communications [WI]3
RMI 2101Introduction to Risk Management3
GenEd Breadth Course3
 Term Credit Hours16
Year 3
Fall
MSOM 3101Operations Management3
BA 3102Business Society and Ethics3
FIN 3519Introduction to Financial Planning3
GenEd Breadth Course3
GenEd Breadth Course3
 Term Credit Hours15
Spring
BA 3103Integrative Business Applications3
IB 3101Fundamentals of International Business3
Select two of the following:6
Security Analysis and Portfolio Management 
Tax, Estate and Trust Planning 
Insurance, Benefits and Retirement Planning 
GenEd Breadth Course3
 Term Credit Hours15
Year 4
Fall
BA 4101Global Business Policies3
Select one of the following:3
Security Analysis and Portfolio Management 
Tax, Estate and Trust Planning 
Insurance, Benefits and Retirement Planning 
GenEd Breadth Course3
Free Elective3
Free Elective3
 Term Credit Hours15
Spring
FIN 4598Seminar in Financial Planning [WI]3
Select one of the following:3
Interpersonal Communication through the Life Span 
Conflict and Communication 
Mediation: Principles and Practice 
Negotiation Processes 
Facilitating Group Decision-Making 
Power, Influence and Negotiation 
Sales and Sales Management 
Free Elective3
Free Elective3
Free Elective3
 Term Credit Hours15
 Total Credit Hours: 124