MBA - Personal Financial Planning

Students in the Master of Business Administration with a major in Personal Financial Planning program design solutions and strategies for personal financial situations, evaluating clients’ objectives, needs, and values to develop an appropriate financial plan. Students will evaluate personal management capabilities and design a plan for continual growth, and integrate critical analysis with financial planning disciplines. Students will synthesize ethical standards in decision making and strategy development, create appropriate communication strategies to achieve financial goals, and integrate a biblical framework and the Virtuous Business Model that guides interactions and planning within the steps of the financial planning process.

Upon completion of the program, students will be able to:

Explain the steps of the financial planning process.
Create a sound financial plan.
Communicate the financial plan, both orally and in writing.
Evaluate personal management capabilities and design a plan for continual growth.
Identify strengths and weaknesses of various approaches to solving a specific problem.
Synthesize ethical standards in decision making and strategy development.
Integrate biblical principles and the Virtual Business Model that guides interactions and plans within the personal financial planning process.

Students who have been admitted to the MBA in Personal Financial Planning, have successfully passed the Certified Financial Planning Exam (an independent third party nationally recognized exam with alignment to the course learning objectives), and hold both a CFP and a Kingdom Advisor designation (maintaining current professional status with continuing education requirements) may be granted credit for the following courses: FINC-520, FINC-521, FINC-522, FINC-523, FINC-524, FINC-526, and FINC-527.

Students who meet the above criteria but do not hold the Kingdom Advisor designation may be granted credit for the following courses: FINC-521, FINC-522, FINC-523, FINC-524, FINC-526 and FINC-527. However, such students shall be required to take FINC-528 as a replacement for FINC-520.

The curriculum will be completed in the order established by Indiana Wesleyan University. Indiana Wesleyan University reserves the right to modify the curriculum and locations offered as necessary.

Admission Requirements

A baccalaureate or graduate degree from a college or university that is accredited by an accrediting agency recognized by both the U.S. Department of Education (USDoE) and the Council for Higher Education Accreditation (CHEA) verified on original transcripts sent by the institution directly to Indiana Wesleyan University.
An undergraduate grade point average (GPA) of 2.5 or higher from the baccalaureate degree granting institution at which at least a minimum of 30 hours was completed. If an applicant's GPA is below 2.5, the student may be admitted on a probationary basis, as established by the guidelines of the DeVoe School of Business.

Graduation Requirements

To graduate, students must have completed all of the following:

All credits required in the curriculum sequence with a minimum GPA of 3.0 and a minimum grade of “C” in each course. A grade of "C-" or below will require the course to be repeated.
Overall GPA of 3.0 in all IWU graduate work.
Payment of all tuition and fees is required to receive a diploma.

MBA - Personal Financial Planning - Program of Study

Core Courses

MGMT-501	Foundations of Graduate Business	3
MGMT-512	Ethical and Legal Aspects of Management	3
COMM-515	Decision-Making and Essential Business Communication	3
FINC-525	Accounting and Finance for Managers	3
STAT-535	Statistics for Business Decision-Making	3
ECON-511	Business Economics	3
MKTG-530	Marketing Management	3
FINC-520	Foundations of Financial Planning	3
FINC-521	Risk Management	3
FINC-522	Investment Planning	3
FINC-523	Income Tax Planning	3
FINC-524	Retirement Planning and Employee Benefits	3
FINC-527	Estate Planning and Wealth Transfer	3
FINC-526	Financial Plan Development	3
Total Credit Hours:		42