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The Master of Science degree in Financial and Tax Planning is a 30 unit program designed to provide in-depth professional financial planning education. Students granted a business administration bachelor's degree from an AACSB accredited program normally meet all course prerequites. Others may have up to 21 units of prerequisite classes.

The goal of this program is to provide the educational background for graduates to provide professional financial planning services at the highest level possible. This program attempts to provide the academic background students need to pass the examinations for the CFP certification, and much of the background for the CFA and Enrolled Agent professional designations.

Detailed program information:

Admissions

The admissions process is handled through the Graduate School of Business Administration whose email is sdsumba@mail.sdsu.edu.

Criteria include GMAT (the median score at SDSU is a little below 600) and undergraduate and last 60 units gpa (the median is a little over 3.0). Work experience, references and your application essay are important, too.

Waiver of Prerequisites

As adviser my first role is to review your previous coursework to determine if you have met the course prerequisites (they are mostly course, not program prerequisites; that is, you can be admitted without having taken them). Although prerequisites are not enforced for the SDSU Executive Financial Planner program, they are for the masters. You complete a "Waiver Form" which we review to determine if prerequisites have been met. Some of the prerequisites can be taken at community college. These include financial accounting, intro. to macro- and micro-economics, statistics and business law/environment. Finance must be taken at the upper-division (BA 323) or graduate (BA 665) level. Intermediate Macroeconomics is waived if you include FIN 659 as one of your program classes. Ordinarily prerequisites should be taken within five years at a regionally accredited institution. For "Finance" you should have a "B" in Finance or several courses in finance beyond basic finance. In this program, we are willing to negotiate elapsed time and grade requirements for prerequsites. Recalling prerequisite material in program classes is the students’ responsibility. You may need to review prerequisite material even if specific classes are waived. Statistics, economics and financial accounting are necessary for "Finance" and "Finance" is necessary for "Investments."

Selecting Initial Coursework

If you start in the fall you should select from Financial Counseling (FIN 657, only offered Fall), Benefits (FIN 523, only offered Fall). If you start in the Spring you should select from Estate Planning (FIN 705), Investments (FIN 651, has follow on classes), Taxation (ACCTG 503, has follow on classes) and Insurance (FIN 522).

If you have completed the Executive Financial Planning program you have taken the above classes, so you will select from the elective classes shown on the special advising sheet for Executive Financial Planner alumni.

If you were an undergraduate financial services major you will have a lot of electives so you can select from any listed electives and maybe others if you can rationalize their relevance to financial planning and your plans.

Official Program

When you are within nine months of graduation (but after you have earned 12 program units) you should have filed an "official program" which is basically a contract with the university stating when you complete that coursework successfully, and meet the other requirements, you will graduate. Your Academic Adviser (Tom Warschauer) approves of and submits your official program to the Graduate Business Office and then they submit it to the University Graduate Division. Generally your program will contain 30 or 31 units (excluding prerequisites). Substitutions can sometimes be made to your official program, but a course with a grade less than a B- cannot be removed.

Advancement to Candidacy

In order to gain this status you must:

  • Be classified as a graduate student (overcome any admission deficiencies)
  • Have an official program
  • Complete at least 12 units of graduate coursework listed on the official program
  • Have a 3.0 (B) average in the above classes
  • Have no grade less than 2.0 (C) on any program class
  • Completed any undergraduate deficiencies

FIN 590

Your last Spring Semester (only) you must take a one unit class called FIN 590, Financial Planning Practicum. You will write a comprehensive Financial Plan on a "real client" that you select (not a family member). Your Comprehensive Examination (Plan B) will consist of your presenting and defending that plan before a faculty and practitioner panel.

Apply to Graduate

When you are entering your last semester in our program you must "apply to graduate." Sometime in the first two weeks (approx) of your last semester (see calendar in Class Schedule). There is a $55 fee for this that must be paid at time of application.

Certificate in Personal Financial Planning

In addition to the degree you may be awarded the SDSU Certificate in Personal Financial Planning. Anytime after you have completed Accounting 503, Finance 651, 705, 522, 523 and 657 with at least a 2.7 average, you qualify for the SDSU Certificate in Personal Financial Planning, which entitles you to sit for the Certified Financial Planner Licensing Examination. If you do not apply for the Certificate, it will not be awarded.

Questions?

If you have additional questions, they can be addressed to the program's advisor Thomas Warschauer, PhD, CFP® at tom.warschauer@sdsu.edu.

Although the financial services major is based on many of the same analytical skills and theoretical foundations as the finance major, it is designed specifically to prepare students for careers in one of the segments of the financial services industry: securities, banking, insurance, real estate finance and personal financial planning. It is very common for single firms to own subsidiaries in each of these areas, so it is important for graduates entering these fields to be familiar with all aspects of these important financial sectors. Graduates can look forward to analytical, managerial or sales careers in the financial services industry. Sales careers include insurance and securities sales. Analytical careers include loan and security analysis and personal financial planning. Managerial careers include management in each of the component industries.

Required Upper Division Courses (Undergrad Business Advising Center)

BSBA - Financial Services Goals and Learning Outcomes

The purpose of this program is to provide a strong educational basis for persons desiring careers in the personal financial planning profession.

Two categories of students are admitted:

  • Matriculated students who have been admitted to an upper division Business Administration major
  • Nonmatriculated students who work in the financial services industry and who take classes through the Executive Program

This certificate program is registered with the Certified Financial Planner Board of Standards.

Download requirements for the certificate with an application form (docx) (also available as pdf)

Questions?

If you have additional questions, they can be addressed to the program's advisor Thomas Warschauer, PhD, CFP® at tom.warschauer@sdsu.edu

AACSB accredited

The Fowler College of Business Administration is fully accredited by AACSB International – The Association to Advance Collegiate Schools of Business