M.S. in Human Environmental Sciences

Family Financial Planning and Counseling

 

 

Program Description

In this 30-hour Master of Science degree program, students will study economic and social influences on the family and learn how to help individuals and families achieve their financial goals. By taking two courses each semester, students may complete this degree in less than two years.

 

 

Careers

Family financial planning is predicted to be one of the fastest growing career tracks of the next decade. Financial planners may consider working in the following areas:

           

private practices              insurance companies                 community action programs   

accounting firms               family service agencies              consumer credit counseling services   

brokerage firms               financial planning firms               employee benefits, estate planning, or

banks                              bankruptcy courts                          retirement planning departments   

                                                                                                                                   

 

Curriculum

Students must earn 30 hours of coursework including 21 hours in the area of family financial planning and counseling and 9 hours of electives in the area of specialization. The following required courses are available online as well as on the UA campus:

           

            Required Courses:

                        CSM 500  Personal Insurance Planning and Management (3 hours)

                        CSM 504  Personal Investment Planning and Management (3 hours)

                        CSM 510  Personal Retirement Planning and Employee Benefits (3 hours)

                        CSM 520  Personal Estate Planning (3 hours)

                        CSM 554  Personal Income Tax Management and Planning (3 hours)

                        CSM 559 Counseling Skills (3 hours)

CSM 560  Personal Financial Planning and Counseling Techniques (3 hours)    

 

            Suggested Electives (select 9 hours):

                        CSM 525  Consumer Conflict Resolution (3 hours)

                        CSM 575  Entrepreneurship (3 hours)

                        CSM 581  Practicum/Internship (1-6 hours)

                        CSM 586  Consumer Management Human Capital (3 hours)

                         

*Prerequisite undergraduate courses: CSM 204 Introduction to Personal Financial Planning, EC 110, EC 111, and ST 260 or BER 345 (BER 540 may be taken for graduate level credit).

 

Students also must conduct a culminating experience prior to graduation.  This may be done through internships, jobs, comprehensive final exam, or an in-depth research report.   

 

 

Admission

Admission to this program requires one of the following:

           

§         3.0/4.0 GPA, three letters of recommendation,  and a statement of professional goals

                       

§         An acceptable MAT or GRE entrance examination score, three letters of recommendation, and a statement of professional goals

 

The application process begins by being admitted to The University of Alabama’s Graduate School (http://graduate.ua.edu/revision.html).  Upon admission, the student will be referred to an academic advisor in the Department of Consumer Sciences who will design a personalized academic plan. 

 

 

CFP Certification

Students completing the family financial planning and counseling program are taking an

important step toward establishing professional credentials. This program is registered with the Certified Financial Planner Board of Standards, Inc., so that students who successfully complete the concentration will be eligible to sit for the CFP® certification examination that leads to the professional certification as a CERTIFIED FINANCIAL PLANNERTM professional and CFP®.  The University of Alabama does not certify individuals to use the CFP® and CERTIFIED FINANCIAL PLANNERTM marks. Please see footnote for more information.

 

 

Contact Information

Jan Brakefield, M.S., CFP, Assistant Professor

College of Human Environmental Sciences

The University of Alabama

Box 870158

Tuscaloosa, AL 35487-0158

(205) 348-6178

jbrakefi@ches.ua.edu

 

 

Please visit www.ches.ua.edu/CSM for more information on this program.

 

CFP® and CERTIFIED FINANCIAL PLANNERTM are certification marks owned by the Certified Financial Planner Board of Standards, Inc. (CFP Board).  These marks are awarded to individuals who successfully complete the CFP Board’s initial and ongoing certification requirements.  The University of Alabama does not certify individuals to use the CFP® and CERTIFIED FINANCIAL PLANNERTM marks.  CFP® certification is granted solely by the CFP Board to individuals who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met ethics, experience and examination requirements.