After gaining approval from the Certified Financial Planner (CPF) Board of Standards Inc., the Eli Broad College of Business has launched a new financial planning and wealth management program at Michigan State University.

“We are extremely pleased that the CFP Board has approved our program,” said Stephen Schiestel, the program’s director at Broad College. “As the need for financial planning continues to increase, our program will provide additional opportunities for our students to contribute to the growth of the wealth management industries.”

The program, aimed at undergraduate finance majors, requires the completion of six classes, two of which are required for a finance major. Students will be able to sit for the CPF certification exam upon graduation.

The CFP Board currently oversees more than 300 programs at more than 200 institutions. Students who earn the certification distinguish themselves among their peers by meeting the CFP Board’s education, examination, experience and ethics requirements.

“CFP Board is pleased to approve the program at Michigan State University as a CFP Board-registered program,” said Richard Salmen, certified financial planner chairman of CFP Board of Standards Board of Directors. “As student interest in financial planning as a career continues to grow, we anticipate that Michigan State’s program will contribute significantly to the number of qualified candidates seeking to obtain the CFP certification, the standard of excellence for competent and ethical financial planning.”

Those interested in the program should send inquiries to Stephen Schiestel at (810) 516-3277 or







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