Bachelor of Arts – Financial Planning

Overview

Have you thought about pursuing a career in financial advising? Get on the right track with the 100% online Bachelor of Arts in Financial Planning degree program from the University of the Virgin Islands. With the real-world curriculum provided in this program, you will gain the knowledge needed to advise individuals on how to reach their financial goals.

  • WHAT WILL I LEARN IN THIS ONLINE BACHELOR OF ARTS IN FINANCIAL PLANNING DEGREE PROGRAM?
    As a graduate, you will gain a fundamental understanding of estate, risk management, retirement, and tax planning.
  • WHAT CAREERS CAN I PURSUE WITH AN ONLINE  BACHELOR OF ARTS IN IN FINANCIAL PLANNING DEGREE?
    Upon graduation of this program you will have the knowledge to step into the career as a personal financial advisor or a financial services sales agent.
  • HOW LONG IS THE ONLINE BACHELOR OF ARTS IN FINANCIAL PLANNING DEGREE PROGRAM?
    The online Bachelor of Arts in Financial Planning degree program from start to finish is designed to be completed in 38 months however, it could take less time depending on how much transfer credit you receive and how many classes you take every term. The total program credit hours are 120.
  • HOW MUCH WILL THE ONLINE BACHELOR OF ARTS IN FINANCIAL PLANNING DEGREE PROGRAM COST?
    The undergraduate rate is $434 per credit hour,  no additional institutional fees. UVI also offers scholarships and financial aid for those who qualify.

When Can I Start?

Courses begin monthly, so we’re ready when you are. Contact us at online@uvi.edu to learn more about our accredited degree programs, financial assistance opportunities or enrollment process.

Bachelor of Arts in Financial Planning Degree Program Outcomes

After successfully completing UVI’s 100% online Bachelor of Arts in Financial Planning program, you will be able to:

  • Apply and evaluate financial planning theories in an integrated approach to real-life financial planning situations based on the Certified Financial Planning principles
  • Advise individuals and families on a variety of complex financial issues
  • Develop, design, and maintain tailored and comprehensive financial plans
  • Analyze the ethical responsibility of financial planners and leaders in the financial planning industry
  • Demonstrate critical thinking through applying decision – support tools
  • Distinguish the theories, principles and concepts related to the foundational areas of business

curriculum

PROGRAM CORE:

UVI Online Course No : Course Name : Credits :
ACC2010 Principles of Accounting I 3
ACC 2010 Principles of Accounting I – This course focuses on ways in which accounting principles are used in business operations. Students learn to identify and use Generally Accepted Accounting Principles (GAAP), ledgers and journals and steps of the accounting cycle. This course introduces bank reconciliation methods, balance sheets, assets and liabilities. Students also learn about financial statements, including assets, liabilities and equity. Business ethics are also discussed.
ACC 2020 Principles of Accounting II 3
ACC2020 Principles Accounting II – Principles of Accoutning expands on what the student learns in Accounting I. It is focused on corporate accounting. This course discusses how corporations are structured and formed, with an emphasis on corporate characteristics. Stocks, bonds, notes, purchase investments and analysis of financial statements are included, as well as an in-depth look at managerial accounting. Statements of cash flow, budgets, and budget management are also examined.
BUS 1120 Introduction to Business 3
BUS 1120 Introduction to Business – Designed to prepare the student for a career in business administration and broaden student’s understanding of the vital role of business in our society. A study of the types of business ownership, a broad overview of business operations and examination of the major segments of business administration. Prerequisites: None
BUS3050 Business Communication 3
BUS 3050 Business Communication (COM1200, ENG1200) – Designed to give students a comprehensive view of business communication through study and application of the concepts of effective written and oral communication. It develops critical thinking, analytical, ethical and problem-solving skills. Students learn the importance of audience adaptation and concise written and oral expressions. Emphasis is on use of English language skills to effectively plan, organize, compose, evaluate, and edit business emails, letters, memoranda, reports and proposals. Additional emphasis is on verbal, non-verbal, and listening skills. The proficient use of word processing technology is required for document production.
BUS3510 Business Law 3
BUS 3510 Business Law I (BUS1120) – Rules of law as they relate to business transactions, court systems and procedures, law of contracts, law of agency, employee-employer relations, law of negotiable instruments, law of sales, law of property, bailments, insurance and business organizations.
BUS4360 Business Policy and Strategy 3
BUS 4360 Business Policy and Strategy (Completion of Degree Requirements) – A study of overall business strategy from the perspective of top management. The student will examine strategic goals, plans and actions of the business firm. Prerequisites: Senior Standing and completion of degree requirements
CIS2100 Management Information Systems 3
CIS2100 Management Information Systems (BUS1120) – Information systems and the strategies for managing them change quickly, but the principles that guide both often remain timeless. These principles form the backbone of this comprehensive survey of the field, designed for a student’s first course in information technology. By presenting the details and the big picture, this course puts the lessons of managing information systems into an understandable context. The overall principle is that the right information, if it is delivered to the right person, in the right fashion, and at the right time, can improve and ensure organizational effectiveness and efficiency.
DSC 3250 Business Statistics 3
DSC3250 Business Statistics (MAT2320) – This course is designed to familiarize students with the basic concepts of business statistics and provides a comprehensive overview of its scope and limitations. Students perform statistical analysis of samples, compute the measures of location and dispersion, and interpret them for descriptive statistics. Linear regression, and correlation analysis are performed using various models. Basic concepts of probability are described, and the discrete and continuous distributions of probability are applied. Other topics include constructing confidence intervals and a hypothesis test on one and two samples. Presenting statistical analysis of real data is also examined and emphasized.
DSC 4100 Quantitative Analysis 3
DSC4100 Quantitative Analysis (DSC3250) – This Quantitative Analysis (QA) course addresses managerial decision analysis using quantitative tools. Topics include a general framework for decision analysis, regression analysis, forecasting, inventory control, linear programming, transportation and assignment, networks, project time management, waiting lines (queuing), and simulation. After the course, the student will be able to use a broad array of powerful analytical tools to make business decisions.
DSC 4300 Intro to Operations Management 3
DSC4300 Intro to Operations Management (MGT3010 and DSC3250) – This course, an introduction to operations management, strikes a balance between both the managerial issues and quantitative techniques of operations. There is an increased emphasis on information technology and the effect of the Internet and e-business on operations management. Important changes taking place in operations today, such as supply chains, e-business, and information technology are integrated with more traditional topics in operations such as strategy, quality, and competitiveness. Topics in this course include the strategic importance of operations, designing the operating system, managing the supply chain, and ensuring quality.
FIN 3010 Principles of Finance 3
FIN3010 Principles of Finance (ACC2020) – This intermediate course examines the role of the financial manager in the overall management and control of a firm. Stress is placed on the use of analytical models for improving the decision-making process. Topics include foundations of financial management and statements, financial and ratio analysis, financial planning and systems, the time value of money, valuation of stocks and bonds, and concepts of risk and return.
MGT 3010 Principles of Business Management 3
MGT3010 Principles of Business Management (BUS1120) – This introductory course provides students with a practical and concrete explanation of the concepts and techniques they will need as managers in today’s new organizations. The sequence of topics follows the familiar pattern of planning, organizing, leading, and controlling. Throughout the course, the manger’s role in leading and accommodating change is emphasized. The course also introduces the student to the issues of managing global businesses, especially the ways in which managers need to develop a global perspective in order to be successful. Issues in strategy, diversity, and entrepreneurship are covered extensively.
MGT 3420 Human Resource Management 3
MGT3420 Human Resource Management – This course provides a comprehensive review of the concepts and techniques associated with strategic human resource management (HRM) in an emerging global context. Keys issues examined are the legal, ethical, and regulatory nature of the business environment. Also studied are the specific technical areas of job evaluation, recruitment and selection, compensation and benefits, training and development, performance appraisal, and employee relations. Of particular importance in the course, will be the examination of such areas as technology, international staffing, and global competition.
MKT 3010 Foundations of Marketing 3
MKT3010 Foundations of Marketing – This course is an introductory marketing course and emphasizes creating mutually profitable customer relationships and creating value for customers. The course builds on an innovative and integrative marketing framework, one that positions marketing simply as the art and science of creating value for customers in order to capture value from customers in return. Students will make connections between how an organization attracts, keeps and grows customers in order to reap rewards in terms of market share, profits and customer equity.
FIN 3560 Fundamentals and Ethics of Financial Planning 3
FIN3560 Fundamentals and Ethics of Financial Planning – This course will provide a basic introduction to the ethical and professional considerations in the field of financial planning. The financial planning process will be evaluated along with business objectives, regulatory framework, and evolution of the profession. Technical aspects such as time value of money calculations will also be covered.
FIN 3570 Insurance Planning 3
FIN3570 Insurance Planning – This course will provide a basic introduction to the field of insurance as well as the place of various insurance products within the financial planning process. Students will examine the professional, ethical, regulatory and technical aspects of a number of insurance products and place the knowledge in a relevant financial planning context through various course requirements including a sample plan.
FIN 3580 Investment Planning 3
FIN3570 Investment Planning – Will expose the student to security analysis and portfolio management, with a focus on investments within the context of comprehensive financial planning. Concepts of risk and reward, investment selection criteria, client objectives and current views in economics such as behavioral finance and efficient market hypothesis will be addressed.
FIN 3590 Income Tax Planning 3
FIN3590 Income Tax Planning – This course introduces students to the basic principles and laws of income taxation for individuals, employees, and business owners. Topics include income tax calculations for individuals and businesses, compliance and accounting methods, taxation of trusts and estates, basis, depreciation, sale of assets, alternative minimum tax, charitable contributions, and tax management.
FIN 3600 Retirement Planning 3
FIN3600 Retirement Planning – This course is designed to provide students with knowledge of both public and private retirement plans. The public plans include Social Security, while the private plans include defined benefit and defined contribution plans and their regulatory provisions. The specifics of the various plans are analyzed as well as non-qualified deferred compensation plans. Finally, issues that individuals face in retirement, such as life-styles choices, are discussed.
FIN 3610 Estate Planning I 3
FIN3610 Estate Planning I – This course provides an introduction to Estate Planning. It focuses on purpose, documentation and process required to create an estate plan that is consistent with the client’s goals and objectives. The course is designed to give students a practical understanding of the Federal Estate and Gift tax code. It covers topics such as property titling, the probate process, forecasting the estate settlement cost and gifting strategies. Students will be exposed to the financial and non-financial aspects of the planning process that takes place before the actual wealth and asset distribution discussed in the Estate Planning II. The course also emphasizes legal, tax and liquidity issues that a CFP professional needs to address with the client in other to create an effective estate plan.
FIN 4620 Estate Planning II 3
FIN4620 Estate Planning II – This course provides a deeper understanding of the transfer tools used in Estate Planning. It is designed to give students a practical application of different techniques used to accomplish a client’s goals and its impact on their Estate, Gift, Income and
Generation Skipping tax liabilities. It covers topics such as marital trust, charitable transfers, business transfers and estate liquidity planning. The course builds on the same concepts students were exposed to in Estate Planning I, and emphasizes on the different strategies a CFP professional can utilize to address a client’s wealth transfer objective.
FIN 4990 Financial Planning Capstone 3
FIN4990 Financial Planning Capstone – This course integrates the academic coursework contained in the six core areas of the financial planning process with actual practice management, this course serves as the capstone for the financial planning concentration by introducing students to the skills and tools needed for developing a comprehensive financial plan for a client. . The purpose of the course is to require the financial planning student to demonstrate the ability to integrate and apply his or her knowledge of financial planning topics. The case-study class structure differs from the traditional lecture class structure in that students must take a more active role in the learning process. Students will complete a number of segmented financial planning cases related to fundamentals, insurance, investing, taxation, retirement planning and employee benefits, and estate planning topics covered in the individual core courses. Students will develop both basic and complex comprehensive financial plans by following the CFP Board’s six-step financial planning process. Students will complete individual and group work and will participate in the presentation of a comprehensive financial plan to the class.
Total Program Core Total 66
General Education
SSS 1000 Student Success 1
SSS1000 Student Success – This course provides introduction and orientation to the nature of University education, functions and resources. Topics assist students obtain the necessary skills to attain their educational objectives. Emphasis is on Group process. 1 credit
COM 1190 Interpersonal Communications and Leadership Skills 3
COM 1190 Interpersonal Communications and Leadership Skills – This course explores the challenges of building and maintaining relationships through verbal, nonverbal language, conflict management, perception and listening skills. Ideas are applied to everyday aspects of interaction in both personal and professional relationships. The course also provides an in-depth perspective on communication and the role it plays in everyday challenges.
COM 1200 Introduction Public Speaking 3
COM 1200 Introduction Public Speaking – This course provides students with a broad overview of public speaking, including such topics as audience analysis, idea generation and development, speech organization/ delivery. Topics include effective introductions, conclusions and control over nervousness. In addition, students practice informative and persuasive speeches.
ENG 1200 English Composition I 3
ENG 1200 English Composition I – The writing course that develops critical thinking, investigative research and coherent ideas through the writing of analytical, literary and critical essays and the intense text readings.
ENG2020 Technical Writing 3
ENG2020 Technical Writing – This course develops written communication skills with emphasis on understanding the writing process. Students will analyze readings and practice writing for personal and professional applications. This course satisfies the General Education requirement.
ENG2610 World Literature I 3
ENG2610 World Literature I (ENG2020) – An interdisciplinary exploration of the short story and novel from a global perspective, the terminology of literary analysis, different critical approaches, and selected criticism leading to the production of aesthetic and critical analyses of works of fiction.
ENG2620 World Literature I 3
ENG2620 World Literature II (ENG2610) – An interdisciplinary exploration of poetry and drama from a global perspective, the terminology of poetry and drama, interdisciplinary critical approaches, and selected works of criticism leading to the production of aesthetic and critical analyses of works of poetry and drama.
PHI2000 Critical Thinking 3
PHI2000 Critical Thinking – This course examines critical thinking. Students learn the core skills of effective thinking then analyze argumentative processes, in order to identify weaknesses in thinking and overcome them. With a focus on critical reading, as well as critical thinking, this course prepares students to engage actively with their studies and in society.
MAT2350 Elementary Statistics 3
MAT2350 Elementary Statistics – This intermediate mathematics course presents methods in making analytical decisions using statistics. This course focuses on the characteristics of numerical and categorical data, methods of presentation, and descriptive statistics. Correlation and covariance are presented in the context of business analysis. The course also introduces students to basic methods of sampling and of making inferences using one or two independent samples.
GEN2990 General Education Capstone 3
GEN2990 General Education Capstone – This is the capstone coursework for the Virgin Islands general education program, and it serves a dual purpose. First, this course helps students’ bridge the gap between broadbased learning and discipline-specific education. Second, the course highlights and incorporates specific skills and knowledge attained through general studies and may assist students achieve a greater awareness of how knowledge is intertwined. Furthermore, students may better comprehend how to draw and apply information from experience thus leading them to become more actively engaged and socially aware citizens of various communities.
Humanities Elective 9
Social Science Electives 6
Math Electives 3
Science Electives 8

Program Snap Shot

Total Program Core Credits 66
Total General Education Credits 28
Total Electives 26
Program total 120

career outlook

The Bachelor of Arts in Financial Planning will prepare you for financial advising and planning opportunities in the private sector.

Potential career paths and positions include:

The median wage for personal financial advisors in 2016 was $90,530.1

The median wage for credit counselors in 2016 was $44,380.2

The median wage for sales agents in 2016 was $67,310.3

1 https://www.onetonline.org/link/summary/13-2052.00#WagesEmploymentp

2 https://www.onetonline.org/link/summary/13-2071.00#WagesEmployment

3 https://www.onetonline.org/link/summary/41-3031.02#WagesEmployment

Employers can include:

  • Banks and investment firms
  • Finance companies and insurance agencies
  • Self-employed or a small investment firm