Graduates must have three years of qualifying business experience and meet ethical standards. Granted by the American College cited above, this degree is awarded to those who complete graduate level courses in financial planning. Degree requirements include thirteen courses and a research paper. MBAMasters Degree in Business Administration. An MBA can be achieved at the graduate level in colleges and universities.
Many schools offer courses specializing in financial planning or family financial planning.
Registry of Financial Planning Practitioners. Sponsored by the International Association for Financial Planning, registry members must have three years of fulltime practice as a planner, and have either a CFP, ChFC, CPA, law or business degree. They also are required to pass an examination and meet certain other requirements. Financial planners who are admitted to the Registry of Financial Planning Practitioners, or who hold the designations CFP or ChFC, or who are members of the National Association of Personal Financial Advisers have codes on ethics, honesty and conflicts of interests which they are obligated to uphold. A good financial planner should give you objective, reliable advice to help you develop a budget and investment strategy tailored to your individual needs.