​​​​​​​​​​​​​Program Description

As a student with a personal financial planning major, your goal will be to gain the expertise needed to pass the Certified Financial Planning exam. Becoming a certified financial planner opens the door to exciting careers in the financial services industry. Because the program is organized around key objectives outlined by the CFP Board of Standards, you’ll take core classes in taxation, investments, insurance, retirement planning and estate planning.

Points of Pride

CMU’s personal financial planning program offers you an in-depth, four-day CFP review immediately after graduation. The pass rate for the CFP exam for 2013 graduating seniors who participated in the review course was 78 percent, compared to a national average of 52 percent.

Put Your Degree to Work

​U.S. Bureau of Labor Statistics sample data

JobMedian PayJob Growth through ​2022​
Personal financial adviser$67,520 per year27% (60,300 more jobs)
Financial analyst$76,950 per year16% (39,300 more jobs)
Accountant and auditor$63,550 per year13% (166,700 more jobs)

For More Information

Visit the Department of Finance and Law website​ or contact:

Business Student Services Center
Grawn Hall 105
Email: cba@cmich.edu
Phone: 989-774-3124

Program Overview

The course listings below are a representation of what this academic program requires. For a full review of this program in detail please see our official online academic bulletin AND consult with an academic advisor. This listing does not include the General Education courses required for all majors and may not include some program specific information, such as admissions, retention, and termination standards.

(Click on the course name or number for a complete course description.)

Personal Financial Planning Major

The Personal Financial Planning major prepares students for a career in personal financial planning and personal financial consulting.
Total: 36 semester hours
Additional Common Body of Knowledge in Business Administration Courses
(9 hours)
BUS 100
Essential Business Skills
3
BUS 300QR
Applied Business Statistics
3
MGT 499
Integrated Capstone-Strategic Management
3
Required Courses
(24 hours)
ACC 311
Federal Income Taxation I
3
FIN 307
Fundamentals of Personal Financial Planning
3
FIN 315
Principles of Investments
3
FIN 317
Insurance Planning
3
FIN 347
Retirement Planning
3
FIN 445/BLR 445
Personal Estate Planning
3
FIN 447
Cases in Personal Financial Planning
3
MKT 340
Personal Selling
3
Electives
(3 hours)
Select one course from the following:
FIN 335
Real Estate Principles
3
FIN 425
Options and Futures
3
FIN 455
Portfolio Management
3
FIN 472
Money and Capital Markets
3
FIN 490
Internship in Finance
1-3
FIN 573
International Finance
3