MFP 101 Principles of Financial Planning (3.3 CEUs)
Online 10/30/22 through 12/7/2022
Summary: Basic overview of the financial planning process, regulations and ethics. Upon completion students will be able to:
● Understand, discuss, and connect the principle subjects of financial planning: income tax, estate planning, retirement planning, insurance, and investments.
● Understand economic variables and how they relate to financial planning, particularly retirement and income planning.
● Calculate and operate time value of money calculations and the scenario where they are applied.
● Assess client strengths and weaknesses utilizing financial statements, data-gathering, and interviews.
● Identify various financial decisions as they relate to different financial lifecycle stages.
● Discuss the role of a financial planner, and the ethics and duties and responsibilities of the profession.
MFP 102 Risk Management and Insurance Planning (3.3 CEUs)
Online 1/8/23 through 2/5/23
Summary: The application and analysis of insurance in financial planning. Upon completion students will be able to:
● Advise clients on the proper use of insurance to mitigate risk in the financial planning process.
● Discuss the ethical aspects of insurance planning.
● Identify analyze and recommend various types of insurance products.
● Integrate insurance into the other elements of financial planning, including, retirement planning, estate planning and income planning.
MFP 103 Investment Planning (3.3 CEUs)
Online 3/5/23 through 4/22/23
Summary: Analysis of investment vehicles and Modern Portfolio Theory applications in financial planning. Upon completion students will be able to:
● Analyze client portfolios with regard to appropriate risk and return levels.
● Determine the value of fundamental investment concepts including modern portfolio theory characteristics.
● Create appropriate asset allocation recommendations.
● Integrate investment strategies into the overall financial planning process.
MFP 104 Tax Planning (3.3 CEUs)
Online 4/30/23 through 6/17/23
Summary: The analysis of tax regulations and outcomes as they related to financial planning. Upon completion students will be able to:
● Analyze and understand fundamentals of income tax regulations as they apply to the financial planning process.
● Discuss tax strategies with clients.
● React to frequent changes and updates to tax law.
● Create options for clients with regards to tax planning and how it intersects with investments, retirement plans, and estate planning.
● Understand the legal and ethical issues surrounding income tax regulations and planning.
MFP 105 Retirement and Employee Benefits Planning (3.3 CEUs)
Online 6/26/23 through 8/12/23
Summary: The understanding and analysis of retirement planning needs, and retirement plan designs, along with employee benefits and how they relate to a comprehensive financial plan. Upon completion students will be able to:
● Determine, project and calculate retirement income needs.
● Identify discuss and recommend retirement plan designs as appropriate.
● Identify optimal distribution strategies, including taxation strategies, from qualified and nonqualified plans.
● Review, discuss, model and optimize Social Security, Medicare, and employee health and welfare benefits.
MFP 106 Estate Planning (3.3 CEUs)
Online 8/20/23 through 10/7/23
Summary: The application and design of estate planning strategies in financial planning.
MFP 107 Cases in Financial Planning (3.9 CEUs)
Online 10/17/23 through 12/2/23
Summary: Students will demonstrate the ability to deliver a comprehensive financial plan. This course will serve as a capstone course to synthesize all topics covered in the prior courses and demonstrate the interrelatedness of the various disciplines used in comprehensive financial planning. Students will be expected to demonstrate the ability to develop, analyze, critique and deliver a comprehensive financial plan. Upon completion students will be able to:
● Demonstrate a comprehensive understanding of the content found within the Financial Planning curriculum and effectively apply and integrate this information in the formulation of a financial plan.
● Effectively communicate the financial plan, both orally and in writing, including information based on research, peer, colleague or simulated client interaction and/or results emanating from synthesis of material.
● Collect all necessary and relevant qualitative and quantitative information required to develop a financial plan.
● Analyze personal financial situations, evaluating clients’ objectives, needs, and values to develop an appropriate strategy within the financial plan.
● Demonstrate logic and reasoning to identify the strengths and weaknesses of various approaches to a specific problem.
● Evaluate the impact of economic, political, and regulatory issues with regard to the financial plan.
● Apply the CFP Board Financial Planning Practice Standards to the financial planning process.