Bulletin Year: 2007 - 2008 Undergraduate Bulletin | View the current NMU Catalog. | View this program in the current bulletin.
The personal financial planning major provides a basic competency in the functional areas of finance and provides students with the education foundation that is needed to prepare students for professional exams such as the Series 7, CFP and CFA. Like the finance major, the personal financial planning major combines the applications of analytical skills to the problems facing financial managers, financial institutions and individual investors while developing an understanding of today’s financial markets. The program leads to careers in business financial management, banking, securities and commodity brokerage, consulting, insurance, financial planning and small business entrepreneurship. Students who have completed the personal financial management major have the option of private consulting. Becoming a Certified Financial Planner (CFP)* is another option by electing to take a national exam.

 

*CFP® and CERTIFIED FINANCIAL PLANNER® are federally registered marks of the Certified Financial Planner Board of Standards, Inc. (CFB Board).

For department information or additional degree requirements, go to the Business (College of Business) department page.

Total Credits Required 128
Liberal Studies
30-40
Health Promotion Requirements 2
Business Core32
ACT 230 Principles of Accounting I 4
ACT 240 Principles of Accounting II 4
FIN 351 Management of Financial Resources 4
MGT 240 Organizational Behavior and Management 4
MGT 221 Business Law I: Legal Environment of Business 4
MGT 325 Operations Management 4
MGT 344 Managerial Communication 4
MKT 230 Introduction to Marketing 4
Financial Planning32
ACT 321 Federal Income Taxation 4
ACT 491 Internship in Accounting (1 - 4 cr.) or4
     FIN 491 Internship in Finance (1 - 4 cr.) or
    Business Electives*
CIS 112 Microsoft Applications for Business Students 2
CIS 212 Computer Assisted Problem Solving for Business 2
FIN 324 Personal Financial Planning and Insurance 4
FIN 450 Estate Planning 4
FIN 460 Employee Benefits and Retirement Planning 4
FIN 462 Investment Analysis 4
Finance Electives* 300 level or above4
Other Required Courses24
EC 201 Microeconomic Principles 4
EC 202 Macroeconomic Principles 4
MA 103 Finite Mathematics [Div II] 4
MA 171 Introduction to Probability and Statistics [Div V] 4
PY 100G Psychology as a Social Science [Div II] or4
     PY 100H Honors Psychology as a Natural Science (4 cr.) [Div II] or
     PY 100L Psychology as a Natural Science with Laboratory (4 cr.) [Div II] or
     PY 100S Psychology as a Natural Science (4 cr.) [Div II]
SO 101 Introductory Sociology [Div II] or4
     SO 113 Social Problems (4 cr.) [Div II]
General Electives Outside the College of Business10
*Courses will be chosen with the consent of the adviser.


Bulletin Year: 2007 - 2008 Undergraduate Bulletin | View the current NMU Catalog.