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Program
Overview
The
financial planning field is experiencing tremendous growth
from both financial professionals and those who are new to
the field. In order to meet the challenges faced by financial
planning professionals, it is becoming increasingly more important
to develop the necessary skills and knowledge, which will
help clients manage their risks and achieve their goals.
As
people live longer during retirement and as people are more
responsible for their own retirement plans, demand for financial
planners will continue to grow faster than average.
Xavier
University's Executive Certificate in Financial Planning program
has been designed for professionals in the brokerage, insurance,
accounting, banking, and related industries. Whether you are
new to the financial services industry or a seasoned financial
services professional, this program is designed to be equally
beneficial. An outstanding faculty presents the material in
a manner that is clear, concise and understandable. The program
will focus on the technical aspects, practical application,
ethical and professionalism of financial planning. The topics
covered by this program are:
- The
Process of Financial Planning
-
Insurance Planning
-
Investment Planning
-
Income Tax Planning
-
Retirement and Employee Benefit Planning
-
Estate Planning
Xavier
offers this program in partnership with Kaplan®,
the leading provider of financial planning and education materials.
Kaplan® has helped
more than 10,000 financial professionals pass the CFP®
Certification Examination.. Because of Kaplan's extensive
experience in providing financial planning education, students
participate in an efficient and effective learning environment. |
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Overview and Descriptions
Fundamentals
of Financial Planning and Insurance Planning
This course will introduce students to the theory and practice
of financial planning. Students will receive an overview of
specific areas of financial planning such as income tax planning,
investment planning, retirement planning and estate planning.
In addition, the course will present topics on the concepts
of time value of money, education and retirement funding,
and insurance planning. A financial calculator such as an
HP 12C is required for this course.
Investment Analysis and Portfolio Management
This course introduces investment strategies, portfolio allocation
theory and application, debt and equity securities, and portfolio
management strategies. This course will also emphasize the
importance of determining a client's risk tolerance and goals
and then managing an investment portfolio that incorporates
a client's level of risk, while achieving their goals.
Taxation of Persons, Property and Other Entities
This course will focus on the federal income tax system. Topics
will include gross income inclusions, exclusions, deductions,
exemptions and credits. This course will consider the income
taxation of individuals, sole proprietorships, partnerships,
LLCs, and corporations (including S corporations). Finally,
this course will present the students with taxation avoidance
and minimization alternatives.
Retirement
and Employee Benefits
This course includes the comprehensive study of qualified
and non-qualified retirement plans, other tax-advantaged plans,
and employee benefits. In addition, this course will present
an overview of the social security, disability and health
care program.
Estate
Tax Planning
This course will provide students with an introduction to
estate planning and the taxation of estates for the purposes
of financial planning. In addition, the overall tax implications
of gifts and bequests will be presented in a manner that provides
students with taxation avoidance and minimization techniques
to be used when planning a client's estate.
Cases
in Financial Planning
This course will involve case analysis and the integration
of the six major areas of personal financial planning, which
include:
- Fundamentals
of Financial Planning
- Insurance
Planning
- Investment
Planning
- Income
Tax Planning
- Retirement
Planning
- Estate
Planning
Students
will examine the financial condition of individuals or families
in a real-world application of the financial planning topics
that have been covered in the previous five courses. Students
will have the opportunity to develop a financial plan and
present their recommendations. The course is an excellent
preparation tool for professionals entering the field and
for case type questions on the CFP® Certification Examination.
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Education
The Education requirement can be fulfilled by successfully
completing Xavier's Certificate in Financial Planning program.
Certain professionals such as a Ph.D., D.B.A., JD, CFA, CPA,
ChFC or CLU may challenge the exam. Once you become a CFP®
certificant, you will be required to complete 30 hours of
continuing education every two years.
Examination
The CFP® Certification Examination is given three times per
year in March, July and November. The national pass rate on
the examination is approximately 50%. Based on a 1999 Job
Topic Study, CFP Board issues a topic list covering 101 areas
a candidate should be prepared to answer at the evaluation
level or lower.
Experience
In order to receive the CFP certification, the candidate must
meet certain experience requirements. If a candidate has a
bachelor's degree, then 3 years of related work experience
is necessary. Without a bachelor's degree, the candidate must
have 5 years of related work experience. In addition, this
experience must be completed in the 10 years preceding the
exam or 5 years after the exam.
Beginning
January 2007, a bachelor's degree is required for certification.
Ethics
CFP® certificants
are required to abide by CFP Board's Code of Ethics and Professional
Responsibility and Financial Planning Practice Standards.
In addition, CFP®
certificants are required to disclose to CFP Board if involved
in a criminal or civil proceeding.
Program
Structure
The Executive Certificate in Financial Planning is a sequential
six-course certificate program that meets week night a week
and one Saturday out of the month. Students can expect to
complete the program in nine-months. Please refer to our web
site for the most current schedule of offerings.
Admission
Criteria
Participants in the certificate program must have a four-year
degree. Any requests for exceptions to the above admissions
requirements must be made in writing to the Program Director.
Application
Procedures
Students can download a copy of our application from www.xavierconsulting.com
or call 513-745-3396.
Certificate
Upon successful completion of all required courses, participants
will receive a certificate of completion from Xavier University.
Xavier is registered by CFP Board. Students who successfully
complete the Executive Certificate will be eligible to sit
for the CFP® Certification
Examination.
Enrollment
Tuition
Costs for the six-course curriculum is $4,500, plus books
and materials. The tuition is required prior to the first
day of class.
Program
Faculty
Xavier University is proud to have assembled an outstanding
faculty, in conjunction with Kaplan™. All faculty in the Executive
Certificate of Financial Planning program have either the
CFP® certification,
a professional designation or license. The faculty presents
the material in a manner that allows students to utilize their
time efficiently and effectively outside of the classroom. |
