Financial Planning Major

Financial planning courses help students prepare for rewarding careers in helping others plan for their financial security, gain practical experience in preparing and presenting a financial plan, and prepare for the Life and Health insurance agents’ licensing examination administered by the state of Michigan.

Financial Planning Learning Outcomes

With the completion of this degree program, the following learning outcomes can be expected:

• Students can demonstrate knowledge of life and health insurance, including policy coverage language.
• Students can identify aspects of risk management, including personal and business uses of a variety of insurance solutions.
• Students have the ability to analyze client needs and objectives and provide product recommendations in a holistic manner.
• Students can advise clients regarding the proper holding and title of assets, as well as the implications of various wills and trust arrangements on financial, retirement and succession planning issues.
• Students can effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Students can work in a collaborative environment, demonstrating negotiating skills while actively challenging others when necessary.