FP 696 - Comprehensive Financial Plan

3 Credit(s)

In this capstone course, students develop, write, and present a comprehensive personal financial plan. Roll play throughout the course puts students in the role of financial planner to experience each step of the financial planning process, culminating with written and oral presentations. Students interview the client and perform fact finding to gather data necessary to develop the plan. They apply critical thinking to their analysis, integrating skills learned in topic specific courses, including investments, taxation, retirement planning, insurance, and estate planning to generate and implement creative solutions through a holistic solution for the client. To provide an experience that simulates an actual client/advisor relationship, the instructor role plays the client while working with the class to develop a common draft plan before each student implements his/her individual solution. The course culminates with a day of oral presentations, assessed by an independent CFP® practitioner, during which each student experiences alternative approaches presented by his/her peers. Please note: the financial plans are a valuable addition to student’s portfolio of graduate work that can be used to submit to prospective employers during the job application process.
Prerequisite(s): FIN 604, FP 600, FP 601, FP 633, TAX 603, TAX 612, and TAX 619. Please note: No exceptions can be made to waive any prerequisites. This is a required class for MSTFP students and is not recommended for MBA students.