Consumer Comeback Blog

College Degrees in Personal Finance Gain Popularity

Reckless spending and being clueless and cavalier about credit card debt is so five years ago. Post-recession college students are not only making better financial decisions, they are majoring in it.

Utah Valley University introduced Personal Financial Planning as a new major in fall 2011, and has steadily been stealing students from other business disciplines, reported the UVU Review.

In addition to attracting students, the Personal Financial Planning major garnered accolades from industry experts and was named one of top ten best programs by online magazine financial-planning.com.

The major has gained favor among students because students can parlay their education into careers in retirement planning, wealth and investment management, insurance, mortgage lending, small business consulting, and financial counseling and law.

“We know there’s a lot of interest in the major because it’s a great career for those with families,” Jacob Sybrowsky, an assistant professor in the Finance and Economics department, told the UVU Review. “You could work just 20 hours a week or make a living.”

The curriculum includes courses in investment management, retirement planning, insurance, taxes and estate planning. The degree culminates in a capstone project in which seniors design a financial plan for a family in need.

According to financial-planning.com, the top 10 schools for personal financial planning include:

  • The College for Financial Planning
  • University of Georgia
  • Boston University
  • Kansas State
  • Kaplan: online and campuses in New York and San Francisco
  • San Diego University
  • William Paterson University
  • Texas Tech University
  • Utah Valley University
  • Virginia Tech

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