Capstone in Financial Planning – BUSI 489

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020

Course Description

This course will allow the student to create a written financial plan using the knowledge acquired from previous course work in the financial planning classes. The student will use a software package to incorporate all the elements of a successful financial plan for a case study client.

Prerequisites

ACCT 401 & BUSI 320, 352, 354, 420, & 421

 

Rationale

This capstone course in financial planning is the last course in the Certified Financial Planner (CFP©) program. The course allows students to apply knowledge and skills obtained in each of the other subject matter specific financial planning courses. The purpose of the course is to train students to create comprehensive financial plans and prepare students to take the national CFP® examination to become a Certified Financial Planner.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

    1. Formulate a financial plan using the financial planning curriculum from a qualitative and quantitative perspective.
    2. Synthesize the financial planning into an effective communique.
    3. Develop an appropriate strategy based on a client’s objectives, needs, and values.
    4. Identify the strengths and weaknesses of various approaches to a specific problem.
    5. Evaluate the impact of economic, political, and regulatory issues with regard to the financial plan.
    6. Apply the CFP© Board Financial Planning Practice Standards to the financial planning process.
    7. Integrate biblical principles within the financial planning process.

 

Course Assignment

Textbook readings and lecture presentations/notes

Course Requirements Checklist

After reading the Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.

Discussion Board Forums (2)

Discussion boards are collaborative learning experiences. Therefore, there will be 2 Discussion Board Forums throughout this course. The student is required to provide a thread in response to the provided topic that must be at least 300 words and integrate information drawn from experience and course-related information (books, articles, and presentations). In addition to the thread, the student is required to reply to 2 other classmates’ threads. Each reply must be at least 200 words and integrate information drawn from experience and course-related information (books, articles, and presentations). (MLO: G)

Mini-Case Assignments (6)

There are 6 short Mini-Case Assignments in the course. These assignments are from the textbook and cover ethics, financial situation analysis, taxes, insurance, investments, retirement, and estate planning. (MLO: D)

Targeted Financial Plans (6)

The student is required to use a hypothetical case from the textbook to complete sections of a Targeted Financial Plan. These sections will be used to complete the Comprehensive Financial Plan due in Module/Week 8. Each section will cover 1 or more of the financial planning content areas. (MLO: A, B, C, D, E, F)

Financial Plan Presentation

The student is required to create a PowerPoint presentation of the Comprehensive Financial Plan. In a real-life situation, the PowerPoint would be used to present the plan to the client. Therefore, it must be professional and written in a format that can be easily understood by the client. (MLO: B)

Comprehensive Financial Plan

Using the Targeted Financial Plans created in Modules/Weeks 1–6 along with additional information, the student is required to complete the Comprehensive Financial Plan for the hypothetical case from the textbook. (MLO: A, B, C, D, E, F)