ADELPHI, Md. (July 21, 2016) – University of Maryland University College (UMUC) has renewed UMUC’s registration with Certified Financial Planner Board of Standards Inc. (CFP Board) to provide a financial planning course of study.
Dr. Charles Chaffin, Director of Academic Programs and Initiatives, CFP Board, stated that “I am pleased to approve the renewal registration of the CFP Board-Registered Program titled, Personal Financial Planning at University of Maryland University College, with commendation,” citing UMUC’s overall quality of the program.
An independent certifying organization, CFP Board owns the CFP® and Certified Financial PlannerTM certification marks, which it awards to individuals who meet its education, examination, experience, ethics and other requirements. Students completing the financial planning program at UMUC will have met the Education requirement for CFP® Certification Examination administered by CFP Board.
“CFP Board is pleased to have an educational institution of the caliber of UMUC offering a CFP Board=Registered Program,” said Mike R. Greene, CFP®, chair of CFP Board’s Board of Directors. “As student interest in financial planning as a career continues to grow, we anticipate that UMUC’s program will contribute significantly to the number of qualified candidates seeking to attain the CFP® certification, the standard of excellence for competent and ethical financial planning.”
In its evaluation report, CFP Board applauded several aspects of UMUC’s program, including frequent communication between faculty and CFP students to track progress and helping students prepare for the exam. It also noted that some topics are indicated as being included in more than one course and how this “enables the learner to make better connections between program content and financial planning practice.”
The CFP Board also applauded UMUC’s use of learner-centered competency identification in each course syllabus, which indicates what students will be able to do upon completing the course. This will also help faculty and students “clearly understand student expectations and how content directly relates to the role of the personal financial planner.”
Peter Munger, UMUC’s Program Director for Finance and Economics says, “Our students are very desirable candidates for a career in financial planning, offering maturity, commitment and practical work experience. We have built our program with experienced financial planning practitioner-faculty who are committed to the success of our students.”
Under the guidance of Kathleen Sindell, PhD, UMUC’s Course Chair for the CFP Program, students are provided with connections to the Financial Planning Association and the CFP Board needed to position them for success as a financial planner. Said Sindell: “Our program provides strong value for students, including connections to professional planning firms and organizations, as well as opportunities for scholarships and internships.“
Today, CFP Board partners with over 360 programs at more than 225 institutions. CFP Board-Registered Programs are financial planning education programs at the college or university level that meet specific criteria for educating individuals who wish to fulfill the education component for obtaining CFP® certification.
The mission of CFP Board is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning. CFP Board owns the certification marks CFP®, Certified Financial PlannerTM, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete initial and ongoing certification requirements. CFP Board currently authorizes more than 70,000 individuals to use these marks in the United States. For more about CFP Board, visit www.CFP.net.
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