Finance, Insurance, and Real Estate CFP program approved for renewal

For release:  December 5, 2017

The Department of Finance, Insurance, and Real Estate (FIR) recently received approval by the Certified Financial Planner Board of Standards, Inc. (CFP) for renewal of their undergraduate program's financial planning certificate. This makes Fogelman College the only CFP recognized onsite program in Memphis and surrounding areas.

CFP certification is awarded to those who meet its education, examination, experience, and ethical requirements. The FIR faculty spent several months working diligently to implement the curriculum revisions required by the CFP, along with the necessary approvals from internal FCBE and University of Memphis committees.

CFP Board recognition allows students to take courses that are part of the BBA in Finance degree and simultaneously become eligible to sit for the CFP exam by automatically meeting their educational requirements. Completing a recognized educational program is a requirement for candidates sitting for the CFP exam. For graduates of most other universities, this is generally completed after college, requiring the investment of more time and money. Another benefit of this program is improved job prospects for students after completion.

"I strongly encourage our students to take advantage of the new opportunities created by these efforts," said Dr. Pankaj K. Jain, interim chair of the Department of FIR.