Personal Financial Planning Major

The personal financial planning major at Northern Michigan University provides a basic competency in the functional areas of finance and provides students with the education foundation that is needed to prepare students for professional exams such as the Series 7, CFP® and CFA®. Like the finance major, the personal financial planning major combines the applications of analytical skills to the problems facing financial managers, financial institutions and individual investors while developing an understanding of today's financial markets. The program leads to careers in business financial management, banking, securities and commodity brokerage, consulting, insurance, financial planning and small business entrepreneurship. Students who have completed the personal financial management major have the option of private consulting. Becoming a Certified Financial Planner (CFP®)* is another option by electing to take a national exam.

 *CFP® and CERTIFIED FINANCIAL PLANNER® are federally registered marks of the Certified Financial Planner Board of Standards, Inc. (CFB Board).

What do I do with a business degree in personal financial planning?

Students with a business degree in personal financial planning have many options including financial analyst, financial consultant and personal financial adviser. According to The Bureau of Labor Statistics, personal financial advisers are projected to be among the 10 fastest growing occupations.

Why study personal financial planning at NMU?

  • Small class sizes
  • Experienced faculty
  • Newly developed Financial Trading Lab
  • The student managed investment fund known as the Superior Fund

Click here to see the complete course details for the personal financial planning major.


Considering a finance minor?

A minor in finance provides business and non-business students an introduction to financial management concepts and issues. Students have the option to choose electives that best meet their interest with this minor. Entering the workforce with a minor in finance can help graduates better position themselves in organizations that require an understanding of financial issues and fiscal management.

Click here to see the course details for the finance minor.