Students in this concentration study finance and economics as they apply to individuals, households, and small businesses in the course of accumulating and using financial resources.

Students are introduced to issues of credit management, insurance and other risk management strategies, saving and investing, retirement planning, and estate planning.

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Body

Learn

Study principles of personal financial planning. Master core financial planning topic areas such as investments, tax, retirement, estate planning, higher education planning, general cash flow principles, and risk management. Learn the domains, process and ethical standards you need to become a financial planning professional.

Do

Compete in national financial planning competitions. Network at meetings of national associations such as the Financial Planning Association and the International Association of Registered Financial Consultants. Join an active financial planning club that brings professionals from a variety of backgrounds to campus for networking and educational events.

Advance

Graduate with the qualifications to sit for the Certified Financial Planner™ exam and, upon passing and meeting an experience requirement, hold the CFP® designation. Find work helping people as a CFP® professional as a wealth manager, investment advisor, insurance agent, or registered representative.

Department Contact

Caroline Helton
Senior Academic Advisor

304A Mumford Hall
217-300-4825

 

Caroline Helton
Craig Lemoine, PhD
CFP® Director, Financial Planning Program

302c Mumford Hall
 

Craig Lemoine

Sample Curriculum

Financial Planning
Agricultural and Consumer Economics (ACE) Major (10KL5136BS)

NOTE: This is merely a sample schedule. It is not the only schedule by which classes may be taken.

First Year

Fall Course & Hours   Spring Course & Hours  
ACE 100 4 ACE 161 3
ACES 101 2 RHET or CMN 1012 3-4
RHET or CMN 1012 3-4 MATH 124 or 2343 3-4
MATH 124 or or 125 or 2203 3-4 ECON 103 3
Natural Sciences 3-5 Natural Sciences 3-5

2 An acceptable substitute is CMN 111/112.
3 Other acceptable math sequences are (MATH 125 and MATH 234) or (MATH 220 and MATH 231).

Second Year

Fall Course & Hours   Spring Course & Hours  
ACCY 201* 3 ACE 300* 3
ACE 262** 3 ACE 264** 3
ACE 240* 3 Cultural Studies 3
ACE 341 CFP 1 Humanities 3
ACE 398 RM or FIN 230 3 ACE or ACES Electives 3
Soc/Behavioral Sciences 3 Soc/Behavioral Sciences 3

*Prerequisites:
ACCY 201: ACE 100 or ECON 102 or ECON 103; credit for or concurrent enrollment in remaining ACE 100, ECON 102, or ECON 103
ACE 261/262: MATH 124 or 125
ACE 264: ACE 262 and MATH 124 or 125
ACE 240: Sophmore standing
ACE 300: ACE 100 or ECON 102
**Students who started ACE/FP in SP20 or earlier may meet their QR2 requirement with ACE 261 only, ACE 262/264, or ECON 202/203. Contact your advisor with any questions.

Third Year

Fall Course & Hours   Spring Course & Hours  
ACE 345* 3 ACE 449* 3
ACE 346* 3 Humanities 3
ACE 445 4 Cultural Studies5 3
Advanced Composition 3 400 level intl. course4 3
Humanities 3    

* Prerequisites:
ACE 345: ACCY 201
ACE 346: Sophomore standing
ACE 445: ACE 240, ACE 300 or ECON 302, and junior standing: FIN 230 rec.
ACE 449: ACE 240, ACE 345, and ACE 300 or ECON 302 or instructor consent
ACE 476: ACE 300 or ECON 302, a course in statistcs, and senior standing
4 Choose from ACE 435, 436, 451, 452, 454 or 455. May also be fulfilled by 3 hours of credit from studying abroad in an approved program.
5 Students entering UIUC as of Summer 2018 or later have 3 cultural studies general education requirements.  Students entering prior to Summer 2018 have 2 cultural studies general education requirements.

Fourth Year

Fall Course & Hours   Spring Course & Hours  
ACE 444* 3 ACE 440* 3
ACE or ACES Electives 6+ ACE or ACES Electives 6+
Other Electives 6+ Other Electives 6+