About the Financial Planning Programs

To accommodate the scheduling needs and experience levels of different audiences, the Center offers two formats of the Financial Planning Program.

The Traditional Program
The Traditional Program leading to the Certificate in Financial Planning is comprised of an introductory course and five core courses. At the end of the program, we also offer an optional review course that summarizes and integrates all the material previously covered. Upon successful completion of all required courses, participants will receive a certificate of completion from St. John's University. Students who successfully complete the program will be eligible to sit for the CFP(tm) Certification Examination. St. John's University is registered with the Certified Financial Planner Board of Standards, Inc.

Each course meets for one evening per week, usually from 5:30 p.m.– 8:30 p.m. for eleven weeks. Students typically complete the program in 18 to 24 months. For specific dates and course fees, please consult the schedule (see below)  or call us at (212) 277-5161.


The Fundamentals of Financial Planning
This introductory short course provides students with the fundamentals of financial planning and acts as a foundation for the core courses in the financial planning program. Designed for individuals who wish to learn about the field of financial planning, the fee for this course can be credited toward a portion of the first core course (Financial Planning, Risk Management and Insurance Planning).

Financial Planning, Risk Management and Insurance Planning
The first core course focuses on the principles of financial planning and risk management. Topics include the financial planning process; economic environment; time-value of money; legal concerns; financial analysis and ethical and professional considerations in financial planning; identification of risk exposures; legal aspects of insurance, property and liability policy analysis; employee benefits; social insurance; and medical and disability insurance.

This course also addresses the use of the financial calculator. Students not proficient with the financial calculator will be required to take an additional one-day workshop to improve their skills.

Investment Analysis Planning
This core course identifies how the candidate must evaluate a client's risk tolerance level, tax status, liquidity and marketability needs in order to select the proper investments. Topics include regulation of securities and markets; investment vehicles; client assessment; investment theory; financial markets; strategies and tactics; and modern portfolio theory.

Income Tax Planning
A review of the fundamentals of income taxation. Topics for discussion include tax law research process; tax computations and concepts tax accounting; tax planning; tax implications of securities; life insurance; annuities and employee benefits; and hazards and penalties.

Retirement and Employee Benefit Planning
Provides an overview of personal and employer-sponsored retirement. Topics include IRAs and tax sheltered annuities; qualified retirement plans; Social Security and Medicare benefits; distribution options taxation and income tax; and tax deductible/benefit limitations.

Estate Planning
This core course covers the fundamentals of estate planning, including the federal estate tax system and how it works; estate planning considerations and constraint tools; and techniques for renewal of estate planning.

Review Course (optional)
This summary course covers all the key concepts addressed in the five core courses listed above and is highly recommended as the last step before taking the national exam.

The Executive Program
For qualified students who wish to study at an accelerated pace, we offer the Certificate in Financial Planning for Experienced Professionals, which is an integrated, sequential five-course program. Each course meets for six consecutive Saturdays. This format enables students to complete the program in one year, while covering the same content and yielding the same certificate as the Traditional Program series. This program can also be delivered at a company's location, and the schedule can be adjusted to meet employees' needs.

The five core courses in the Executive Program are:

  • Financial Planning, Risk Management and Insurance
  • Investment Analysis and Portfolio Management
  • Taxation of Persons, Property and Other Entities
  • Retirement and Employee Benefits
  • Estate Tax Planning

In addition, students are entitled  to take an optional Review Course, as they get close to the exam date.

The next Executive Program will be offered in Fall 2007.

Call (212) 277-5161 or email cpe@stjohns.edu for a complete Fall 2007 course list and registration form.

 

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