March 22-23, 2001
ITEM
110-2002-R0301 ����� Authorization to
Offer an Option in Family Financial Planning under the MS Degree in Health and
Human Development: Montana State University - Bozeman
THAT: ���������������������������������� The Board of Regents of Higher Education authorizes Montana
State University - Bozeman to offer an Option in Family Financial Planning
under the MS Degree in Health and Human Development.
EXPLANATION:� ��������������� The Great Plains-Interactive
Distance Education Alliance (known as the Great Plains-IDEA), a consortium of
six land grant universities, including Montana State University, Bozeman,
developed an on-line family financial�
planning curriculum leading to a master�s degree in family financial
planning with sufficient course work included to allow students to take the examination
to become a Certified Financial Planner.�
At MSU, the degree is a new option under the existing MS degree in
Health and Human Development.� The
program consists of forty two (42) semester credit hours.� The reason for establishing this option as a
consortium program is that no single university in the region (Mid-West or
West) has enough appropriately trained PhD faculty to conduct a high
quality� masters level program in this
speciality.� By joining together, the
consortium has available approximately 12 PhD-prepared faculty who are trained
in family and consumer economics and who can teach the courses and provide
advising to the masters level graduate students.� This program represents the first time at Montana State
University that an entire masters degree has been delivered under a consortium
arrangement and using distance delivery technology.
The
national demand for family financial planning professionals is estimated to be
well above average, according to the Occupational
Outlook Handbook, a publication of the Bureau of Labor Statistics.� The Handbook
identifies the following jobs available for workers with a background in
financial planning:
�
Securities and
commodities sales representatives
�
Financial sales
representatives
�
Fee-only financial
planners
�
Financial planners
working for insurance, brokerage, banking, or other financial services
companies
�
Company human
resources divisions working with pension plans, retirement plans
No
degree program that combines a master�s degree plus the course work to allow
the student to take the Certified Financial Planner (CFP) exam exists in the
U.S. except for this Consortium program.
����������������������������������������������� Proposed
Starting Date: Autumn 2001
ATTACHMENT������������������� Proposal