Bachelor in Financial Planning
Introduction
The post first world war recession was a stark reminder for the entire world about the vulnerability of our financial system for being geared towards a collapse. Often compared to a set of dominos, the financial system of any country relies on a number of crucial entities that are organized in the form of a hierarchy. Similar to physical phenomena, a weak base can render the whole system ready for engineered recession. As the world becomes more and more globalized, a financial or legislative decision taken on one side of the world can be felt on the other. Keeping in view of all the major financial crises in the last century, both government and businesses have realized an urgent need for professionals with sound financial knowledge and judgment. This is one of the main reasons why Financial Planning Bachelor programs are a popular choice amongst students from all over the United States.
Financial Planning Programs
Today, financial planning programs are part of every reputable institution’s curriculum. These programs play an important role in understanding the core mechanics of how the financial system works and what the contributing factors are in a successful financial strategy. This knowledge alone can be the difference between being mentioned in the Fortune 500 list or filing for Chapter 11 Bankruptcy. Professionals with this qualification are required to have the ability to analyze and assess future market trends and formulate plans accordingly.
Bachelor in Financial Planning
Financial planning programs involve a number of courses that are specifically designed to educate and train students in its core concepts. Some of the courses are:
· Business Law
· Global Issues
· Statistical Concepts
· Principals of Finance
· Money, Banking and Financial Markets
An understanding of these areas of study can help students pursue a challenging career.
Future Prospects
It is estimated that there is going to be a significant demand for professionals with a Bachelor of Financial Planning degree in the coming years. The positions for professionals with this qualification, such as personal finance advisors as well as financial analysts are expected to increase by 28%-29% in the period from 2010-2020 as reported by O*NET. These two occupations also have median wages $67,520 and $76,950 respectively per year, as of 2012.
Frequently Asked Question(s)
Q:What are the contents of the course on Financial Institutions in the bachelor of business in financial planning degree?
A:The Bachelor of Business in Financial Planning degree programs have dedicated courses on Financial Institutions. This course is worth 2 credits in total. It is designed to offer students with strong understanding of the different types of organizations that are used in making up an industry of finance and also mini markets within mega structures.
Q:What are the contents of the course on Managerial Finance in the Bachelor in Financial Planning?
A:The Bachelor in Financial Planning degree program has dedicated course on Managerial Finance. This course usually is of around 2 credits in total. it is designed to provide students with strong understanding of the various examinations of the theories of finance and also the applications that involve the controlling of its various aspects. Hands on experience is also provided.
Q:What is the duration of the bachelor of financial planning?
A:The Bachelor Of Financial Planning degree is an undergraduate program which is typically completed in four years. However, this duration applies only to students who are enrolled in a campus based institute. Applicants interested in the online bachelor in finance can take as much time as they see fit to complete the degree. There is no degree completion duration specification in online programs.
Q:What is the duration of the bachelor degree in financial planning?
A:Traditionally speaking, the duration of the Bachelor Degree In Financial Planning is of four years. However, this is only the case if the degree is pursued in a campus based institute. Students who opt for the online bachelor program can take as long as they see fit to complete the degree as online programs are self paced.
Q:Can you tell me about the business law course of bachelor's degree in financial planning?
A:There are a number of topics covered in the Business Law course of bachelor's in financial planning. Students learn about law and legal institutions in society, areas of law affecting the relevant aspects of business operations, business ethics, and role of contracts in business. They also study laws related to credit transactions and security devices such as mortgages and liens.
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