2010 - 2011 Financial Services

Program Requirements | Bachelor of Science | Bachelor of Arts | Plan of Study

Department Chair: Gaylen Bunker
Faculty: Gaylen Bunker, Rich Collins, Lauren Lo Re, Rob Patterson, Donald Saxon

Students can choose either the Bachelor of Science in Financial Services, or the Bachelor of Arts in Financial Services. All students completing undergraduate programs in the Financial Services.

Program Goals

The Financial Services Program offers a major leading to a Bachelor of Science (B.S.) degree that will prepare students for a career in investments, insurance, banking, consulting, or financial planning. The theoretical and practical aspects of financial services are integrated to provide students with critical thinking skills and analytical tools as a foundation for life-long learning. After completing the program, students will have the educational preparation to qualify for the Certified Financial Planning" professional licensing examination. Students completing a B.S. in Financial Services should:

  • Demonstrate an understanding of the key functions of financial planning: financial planning principles, income tax planning, personal risk management, estate planning, investments and retirement planning and employee benefits.
  • Demonstrate an understanding of economic and financial concepts, analytical tools, and the theories and models used to make personal financial management decisions.
  • Demonstrate the ability to apply critical and analytical thinking to complex financial problems and support the recommendations with rational justification and appropriate research methodology.
  • Develop the ability to communicate effectively utilizing appropriate written, oral and electronic competencies related to the financial planning profession.

Certified Financial Planner Board of Standards Inc. owns the trademarks CFP®, Certified Financial Planner" and Certified Financial Planner® in the U.S., which it awards to individual who successfully complete CFP Board's initial and ongoing certification requirements.

Westminster College does not certify individuals to use the CFP®, Certified Financial Planner" and marks. CFP® certification is granted solely by Certified Financial Planner Board of Standards Inc. to individuals who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met ethics, experience and examination requirements.

Program Requirements

To fulfill the requirements for the major in Financial Services, students must complete the courses outlined below and maintain a minimum 2.3 GPA in all coursework required by the program.

For course prerequisites, please refer to the course description.

Bachelor of Science in Financial Services

Requirement Description
Credit Hours
I. Undergraduate Business Core 50
. Please refer to the Undergraduate Business Core for requirements. .
II. Upper Division Financial Services Courses 24
. ACCT 474 Individual Income Taxation
ACCT 475 Estate and Tax Planning Strategy
FINC 305 Investment and Analysis
FINC 315 Personal Financial Planning & Insurance
FINC 316 Retirement Planning & Employee Benefits

Students must take 4 hours of electives from the following:
FINC 317 Securities Regulations and Trading (4)
FINC 412 Special Topics in Finance (2-4)
FINC 485 Cases in Financial Planning (4)
MKTG 303 Professional Selling (4)
4
4
4
4
4

4
III. Practice/Experience Courses 2-4
. Any Business Prefix 440* Internship
or
Any Business Prefix 441* Practicum
or
Any Business Prefix 442* Professional Portfolio

*Note to transfers: all internships (440) must be taken at upper division level. For transfer of credit for 441 or 442, please see the Practice Experience Coordinator.
2-4

4

2
TOTAL HOURS FOR B.S. FINANCIAL SERVICES 76-78

Note: All students must complete 124 hours of coursework to graduate, 40 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Please refer to the Degree Requirements section of this catalog for information about restrictions when completing a major and a minor or two majors.

Bachelor of Arts in Financial Services

Requirement Description
Credit Hours
I. Undergraduate Business Core 50
. Please refer to the Undergraduate Business Core page for requirements. .
II. Bachelor of Arts Requirements 12
. Students completing the Bachelor of Arts option (B.A.) must complete either:
a. A declared academic minor other than the Business Minor; or
b. Twelve credit hours of a single foreign language; or
c. Eight credit hours of a single foreign language, and either:
  • four credit hours of a Westminster May term study/cultural international experience, or
  • four credits of an international study tour transferred from an accredited college or university.
See Foreign Language Requirement for equivalencies, AP and CLEP credit policy.
.
III. Upper Division Financial Services Courses 24
. ACCT 474 Individual Income Taxation
ACCT 475 Estate and Tax Planning Strategy
FINC 305 Investment and Analysis
FINC 315 Personal Financial Planning & Insurance
FINC 316 Retirement Planning & Employee Benefits

Students must take 4 hours of electives from the following:
FINC 317 Securities Regulations and Trading (4)
FINC 412 Special Topics in Finance (2-4)
FINC 485 Cases in Financial Planning (4)
MKTG 303 Professional Selling (4)
4
4
4
4
4

4
IV. Practice/Experience Courses 2-4
. Any Business Prefix 440* Internship
or
Any Business Prefix 441* Practicum
or
Any Business Prefix 442* Professional Portfolio

*Note to transfers: all internships (440) must be taken at upper division level. For transfer of credit for 441 or 442, please see the Practice Experience Coordinator.
2-4

4

2
TOTAL HOURS FOR B.A. FINANCIAL SERVICES 88-90

Note: All students must complete 124 hours of coursework to graduate, 40 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Please refer to the Degree Requirements section of this catalog for information about restrictions when completing a major and a minor or two majors.

Recommended Plan of Study for Financial Services

In order to complete all major requirements, Financial Services majors should plan to take business courses in the following stages, subject to scheduling and availability constraints, in conjunction with other required courses and electives.

. Fall Semester Spring Semester
Freshman Year ECON 253
MATH 141
Language I (B.A.)
IRM 200
MATH 150
Language II (B.A.)

Sophomore Year

ACCT 213
ECON 263
Language III (B.A.)
FINC 300
MGMT 305
PHIL 206
Junior Year ACCT 474
FINC 315
MGMT 325
ACCT 475
FINC 305
FINC 316
Senior Year MGMT 475
MKTG 300
FINC 440/441/442
FINC Elective