UVU To Offer Personal Finance Planning Bachelor Degree
July 20, 2011
For Immediate Release
University Marketing & Communications: Mike Rigert (801) 863-6807
Utah Valley University’s Woodbury School of Business announces a new Bachelor of Science degree in Personal Financial Planning (PFP) beginning fall semester 2011. The curriculum will provide an interdisciplinary mix of courses registered with the Certified Financial Planner Board of Standards, Inc. (SFP Board) to prepare graduates to sit for that and other professional certifications within the financial planning industry. The new program will prepare graduates for placement as fee-for-service professionals who will work with individuals and organizations in the planning and management of individual and business wealth.
The bachelor degree in PFP will be one of only a few such degrees offered through an institution accredited by The Association to Advance Collegiate Schools of Business (AACSB). The leading educational financial planning programs in today’s market, such as Texas Tech, Kansas State and Virginia Tech, are all located in schools of family science as contrasted to schools of business. The WSB program will equip graduates with the skills of the business professional who can not only work well with individuals, but also assist family businesses in perpetuating the legacy of those organizations to future generations. A number of observers have expressed their belief that the housing of the PFP program in the WSB will significantly enhance the capacity of its graduates to provide planning and management services for clients.
Graduates will be expected to complete all the requirements appropriate to an accredited business degree plus forty additional academic credits in such financial planning courses as professional counseling, retirement planning, risk and insurance, estate management, trusts and probate, a paid internship, and practicum courses in financial planning and management. Teaching faculty from several different departments and disciplines across the campus will support the new program.
Two new faculty members with special expertise in the development of PFP education have joined the faculty for this degree. Jacob Sybrowsky, who was recently awarded his Ph.D. in personal financial planning from Texas Tech University, said that he “is excited that financial planning education is coming back to Utah Valley. The return of such an in-demand and necessary program will be a great benefit to our community members, students, and all those whom they serve.”
In addition, Jerry Mason, Ph.D., who has been involved in the development of two successful PFP programs at Brigham Young University in the 1980s as well as the premier PFP program at Texas Tech University has recently joined the faculty to support the development of the new WSB program. Commenting on the new degree, Mason said, “The PFP program at UVU is positioned to become a natural leader in developing financial planning professional. I expect the graduates of this program to be highly sought after not only in the United States but around the globe.”
Lowell M. Glenn, chair of the Department of Finance and Economics, which is the home of the PFP program, expressed his hope for the future of this degree.
“I believe this will be a jewel in the crown of UVU degrees because of its interdisciplinary mix of academic and pragmatic learning that will prepare graduates with the skills to be effective professionals in the industry. Our intent is to prepare ethical, knowledgeable, fee-for-service professionals who provide important services for their clients in a time of growing economic uncertainty.”
Norman Wright, dean of the Woodbury School of Business added, “The Personal Financial Planning demonstrates the Woodbury School’s commitment to serving societal needs. We are breaking down traditional disciplinary boundaries in order to contribute more effectively to the communities in which our graduates will work and live.”
For further information about the Woodbury School of Business Finance program please visit www.uvu.edu/woodbury/.
About the UVU Woodbury School of Business
The Woodbury School of Business (WSB) is the largest university business school in the Utah System of Higher Education and is accredited by the Association to Advance Collegiate Schools of Business (AACSB). The WSB supports a variety of engaged learning projects and programs, including the Entrepreneurship Institute in which students start their own business and the Center for the Advancement of Leadership. The school is distinguished for its focus on student development, entrepreneurship, global involvement and innovative teaching with a primary emphasis on contributing to the growth of business within the State of Utah. In addition to traditional undergraduate courses of study in Accounting, Management, Marketing, Finance & Economics, Legal Studies and Hospitality, the WSB offers an MBA program that accommodates the schedule of working professionals through evening and weekend classes.
Utah Valley University is located in Orem, Utah, and is home to nearly 33,000 students. UVU began as a vocational school during World War II, and in the seven decades since has evolved into a technical school, community college, state college and, finally, a comprehensive regional teaching university. UVU is one of Utah’s largest institutions of higher learning and offers programs ranging from career training to high-demand master degrees, with emphasis on undergraduate education.