B.S. Personal Financial Planning

Z-New Program Proposal- 8/4/16 - 8/3/17

completed

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General Catalog Information
  • **READ BEFORE YOU BEGIN**


    1. Deatailed instructions on how to complete this proposal are available in the Curriculog User's Guide.
    2. Fields with an asterisk (*) are required. A proposal cannot be launched without data in each of the required fields.
    3. Once approved by the Originator, each subsequent approval step will have a 15 calendar day deadline to make a decision. After 15 calendar days the proposal is automatically rejected and returned to the Originator. If there are questions or clarifications needed that require time beyond this deadline you may select the HOLD decision. This decision requires administrative approval.
    4. Please email curriculog@cwu.edu with questions or if you need assistance in completing this proposal.

    Note: While a "New Program" may be offered the term following the final approval of the proposal, if the proposal requires the creation or modification of courses, the program's effective term must be the same as, or later than, those course proposals. Click here to view the course proposal deadlines. 

  • Level of Study

  • Select Level of Study*
  • Types of Proposals:

    Majors:  The major forms the basis for granting of a baccalaureate or graduate degree.  It is a coherent, in-depth program of study in a particular discipline or disciplines wherein the student will develop and demonstrate an increasing awareness of both the possibilities and the limits of the major program of study.  Majors are designed to provide a mastery of the content, insights, skills and techniques appropriate to an undergraduate education in a particular body of knowledge.  Majors will consist of courses that are often sequential, leading to advanced study in the discipline(s).  A major will consist of a minimum of 45 credits.  For undergraduate degrees, a 45 to 59 credit major requires completion of a minor and/or second major, in which case the total credits of the major and minor/2nd major must total at least 60 credits.

    Specializations:  A specialization is a coherent, focused subfield within a degree program. A specialization can be distinguished from a new degree in that the full designation of the degree title - including level, type and major - does not change when a new specialization is added. Specializations in an undergraduate major must share a core, defined as a group of courses shared by all specializations within a major, which consists of no fewer than 25 credits for an undergraduate program or 15 credits for a graduate program. The courses constituting the specialization must consist of no fewer than 20 credits for an undergraduate program or 15 credits for graduate program.

    Minors:  A minor is a coherent program of study in a particular discipline that provides an area that complements or supplements the student’s major.  A minor will consist of a minimum of 20 credits and a maximum of 44 credits.

    Certificates:  Certificate programs are programs of study that normally require less than 25% of the credits required for a degree program at the same level. Certificate programs may not exceed 44 credits.  Certificate programs are specialized career programs, often geared for admission to licensing or career entrance tests, and results in a certificate.  Certificate programs may also be noncredit.

    Graduate Certificates:  Graduate certificate programs are courses of study that require equal to half or less than half of the credits required during a degree program at a similar level.  They are usually limited in scope relative to a graduate degree program but provide an opportunity for advanced study with a particular focus.  Subject to the regulations that govern a specific program, a graduate certificate can often serve as an intermediate accomplishment for a student whose ultimate goal is a graduate degree.

    Minor/ Certificate:  This option should be selected when the proposed program may be used as either a minor, certificate program, or both..

    Narrative:  This is the descriptive text for a College or Department. This information is built as a “Shared Core,” and can be imported as such. Any courses or programs of study referenced in this section are text only and will not automatically update when those items are changed.

  • Type of Proposal *
  • First Term to be Offered

    Please select the term and year that this program will be available. Please confirm deadlines for selected term, as the system will not check the validity of terms selected.  If you missed the deadline or are unsure about the process, please contact curriculog@cwu.edu for assistance.

    Note: While a "New Program" may be offered the term following the final approval of the proposal, if the proposal requires the creation or modification of courses, the program's effective term must be the same or later as those course proposals.

  • Term *
    Year *
  • College or Academic Group

    Please select your College or Academic Group by clicking on the Add Item button below. If your College or Academic Group is not showing in the list of available options, please email curriculog@cwu.edu.

  • College or Academic Group *
    Please select your College or Academic Group from the drop-down menu. If your department or program does not belong to a college and you are unsure which Academic Group to use, please email curriculog@cwu.edu.
  • Department or Program

    Please select your Department or Program by clicking on the Add Item button below. If your Department or Program is not showing in the list of available options, please email curriculog@cwu.edu.

    If the program is offered by an interdisciplinary or specialized study program select both the program and the department in which it is housed. 

  • All Departments and Programs related to this proposal: *
  • Will this new program include courses from outside the originating department?*
    If you select YES as an option, a Custom Route will need to be created. Contact curriculog@cwu.edu for assistance in creating custom routes.
  • If you answered yes, please return to the "Department or Program" field above and select all departments whose courses will be used. Programs using courses from departments other than their own are required to document that those departments have approved the usage of their course(s). Department chairs cannot be added to the approval after a proposal has been launched. Contact curriculog@cwu.edu if you need assistance or discover that a department has been missed.

    If multiple selections were made in the "All Departments and Programs..." field above select the department who will have primary control/ owenership of the program in the field below (if only one department is selected above this field may be left blank).

  • Primary Department
  • Program vs. Shared Core

    A shared core is an identical series of courses that are used by multiple programs, while a program is a set of courses or requirements unique to a single program. If you are unsure whether your proposal is a program or a shared core contact curriculog@cwu.edu for assistance.

  • Program vs. Shared Core*
    If you are unsure if this is a program or shared core, then select program. **Specialized programs are Shared Cores.** For further help or clarification, email curriculog@cwu.edu.
  • Title of Program

  • Program Title*
    B.S. Personal Financial Planning
    B.S. Personal Financial Planning
  • Degree or Certificate Type *
  • MyCWU Program and Specialization Codes

    The fields that follow should be left blank until it reaches the "Peoplesoft Integration" approval step. These codes are used to identify the program (and specialization when applicable) in MyCWU and will be used in the future to differentiate programs that may have very similar titles.

  • MyCWU Program Code
  • MyCWU Specialization Program Code
  • Certificates:  Definitions of Certificate Types

    Type A -  College Sponsored Certificate Programs: Programs that admit only matriculating students and offer a set of courses approved through the CWU academic governance procedures are classified as “College Sponsored Certificate Programs.” These programs are developed, taught, and offered by academic departments housed in colleges at CWU.

    Type B - Collaborative Certificate Programs: Programs that admit both matriculating students and non-matriculating students and offer a set of courses that includes regular course offerings appearing in the CWU catalog and administered by CWU Colleges are classified as "Collaborative Certificate Programs." These programs are developed, taught, and offered by academic departments housed in colleges in cooperation with the office of continuing education.

    Type C - Continuing Education Certificate Programs: Programs that target primarily non-matriculating students and offer a set of instructional experiences developed independent of CWU's colleges but with input as appropriate from faculty are classified as "continuing education certificate programs." These programs are developed, delivered, and administered by the office of continuing education in consultation with faculty, academic departments, and/or college dean, as appropriate.

    Type D - Graduate School Certificate Program. Programs that only admit students who meet the criteria to be accepted into the School of Graduate Studies and Research and offer a set of courses which appear in the CWU catalog.  Certificates are administered by CWU Colleges and are classified as “Graduate School Certificate Programs”.  These programs are developed, taught, and offered by academic departments housed in colleges at CWU.

  • If this is a Certificate program, which type?
    See Definitions of Certificate Types below.
  • Program Text for Catalog Copy 

    The Program Narrative is a required description of the program, the others are optional text fields where additional descriptions can be added. If any of the requirements below involve courses or shared cores they must be added into the proposed curriculum. For assistance in attaching an existing core or in creating a new one contct curriculog@cwu.edu. A proposal may be rejected or delayed if the program has, or should have, information in the optional text fields in this section that is not included.

  • Program Narrative*

    Personal Financial Planning (PFP) prepares graduates to become fee-for service professional planners with strong ethical standards who work with families and individuals developing specific budget, asset management, and related planning processes. The program design and content also meets educational requirements to sit for the Certified Financial Planning Board of Standards, Inc. accreditation examination.

  • Admission Requirements

    Admission Requirements
    Admission requirements to major programs within the College of Business are identical regardless of the location of the program. Students must first be accepted by the university and, if applicable, the university center which they plan to attend. Then, students must formally apply to the College of Business and be admitted to a College of Business Program prior to enrolling in 300- and 400-level courses within the college.

    Students must attend a College of Business major orientation to be fully admitted to our majors. Applications are only accepted at new student orientations. The application form must be completed and returned to the appropriate office along with copies of current transcripts.

    If a student has met the requirements of admission but has struggled to do so, the College of Business reserves the right to offer conditional admission status for up to 2 quarters and/or 30 credits in order for the student to demonstrate she/he will be successful. Final admission to the College of Business under these circumstances is not guaranteed.

    Students must have the below requirements to be admitted to a College of Business major. Students seeking entry to the College without these requirements will be granted pre-major standing.

    • Completion of 30 credits (If a student is a transfer student, credits must be transferable)
    • The applicant must be in good academic standing
    • 2.25 Collegiate GPA
    • Completion of ENG 101 and ENG 102 with a C- or higher, or equivalent
    • Attend a College of Business Orientation

    International students whose native language is not English must meet one of the following English proficiency requirements:

    • A score of 71 or above on the Internet-based TOEFL or 525 or above on the paper-based TOEFL (195 for computer based, 71 for internet based), OR
    • A score of 6.0 or above on the International English Language Testing System (IELTS) exam, OR
    • A 3.0 (B grade) or above in each two college-level English composition courses from an accredited United States college or university. Contact the Office of Admissions to find out what courses are acceptable.

    Students who have met all of the above requirements will be admitted unless the number of applicants exceeds available space. In that case, acceptance will be competitive, based on a selection index.

    Previous or Transfer Coursework Policy
    Business courses taken to fulfill the requirements for an undergraduate or graduate degree from the CWU College of Business must have been taken within the last 10 years at the time of graduation. Exceptions may be made, but must be approved prior to acceptance into the College of Business by the department chair and dean or designee.

    Students wishing to have credits from non-United States institutions considered for transfer into the College of Business for any major or minor must have their transcripts evaluated through outside credential evaluators who are members of the National Association of Credential Evaluation Services (NACES), such as the Foundation for International Services (FIS), the World Education Service (WES), or Educational Perspectives. Students who intend to pursue the CPA may instead decide to use the NABSA (National Association of State Boards of Accountancy) international evaluation services since it is a requirement of the CPA. Credits for current students participating in a CWU study abroad program will be evaluated by the Office of the Registrar.

    Equivalent lower-division (100-200 level) courses may be transferred toward meeting the foundation course requirements for any BS degree in the college. Upper-division (300-400 level) courses may be transferred toward meeting the major requirements only with the approval of the department chair and the college dean (or designee).

  • Graduation Requirements

    Additional BS Personal Financial Planning Graduation Requirements
    The following special rules apply to students seeking the BS Personal Financial Planning major:

    • Students must earn a minimum cumulative GPA of 2.25 in the 99-to 100- credit in-the-major coursework to be eligible for a degree. In addition, the Department requires a minimum GPA of 2.25 in the 59- to 60-credit upper-division component of the in-the-major total.
    • Transfer students must complete at least 40 College of Business credits at CWU to be eligible for the BS degree. 
  • Program Requirements

    Academic Jeopardy Policy
    The College of Business is committed to the success of its students. If a student that has been admitted to the College of Business is deemed to be in academic jeopardy, the College of Business may place restrictions on the student. A student is considered in academic jeopardy for the following reasons:

    • On academic warning or probation
    • Frequently withdraws from class
    • Repeating coursework to be successful
    • Has less that a 2.5 (2.499 and below) in any of the required GPAs for graduation.
      • CWU GPA
      • Collegiate GPA (CWU and all transfer coursework combined)
      • Major GPA
      • Upper-division coursework in the major GPA
      • Accounting majors: upper-division Accounting coursework GPA

    The College of Business may do the following in response to an Academic Jeopardy situation:

    • Limit College of Business coursework in future quarters
    • Require academic advising with both faculty and/or professional advisors
    • Require academic success plans
    • Double majors or double specialization students may be limited to one major plan in the College of Business

    If a student is unable to improve academically while receiving intensive advising and support or does not actively participate in required advising, the student may be subjected to the College of Business Separation Policy.

    Separation Policy
    If a student that has been admitted to the College of Business is placed on academic probation, suspension, received multiple academic warnings, has repeat academic course withdrawals, or whose academic performance is below the necessary grade point averages required to graduate, then the student’s admission into the College of Business may be rescinded. Once rescinded, the student will be denied readmission to the College of Business for one year following which a written petition for readmission must be presented at least 30 days prior to the start of the quarter in which readmission is desired. The decision to readmit will be based on meeting current admission standards, analysis of the entire academic record, as well as any other sources of information deemed appropriate. Readmission is not guaranteed.

    Service to Other Majors
    Students majoring in programs outside CB who are required to take courses in this college for either their major or minor will be eligible to enroll on a space-available basis. These students will be given priority over other non-college majors wishing to enroll in courses. All students must have taken prerequisites for courses prior to enrollment.

    Repeat Policy
    Business administration and Personal Financial Planning courses may be repeated only once.

  • Program Curriculum

    In this field you will build all of the course requirements for the program.  If this program will use existing courses from the catalog, or a shared core from an existing program, those can be imported from the Online Catalog by clicking on the Import arrow at the top left of this form. 

    Please Note:  multiple courses can be selected for import at one time, by clicking on each desired course from the list that is populated by your search parameters.  If the desired course is either an existing new course proposal, or will be submitted concurrently with the program proposal, click “Add Course.” Here you will be prompted to enter in the course’s prefix, code (number), and name (course title).

    For further detailed instructions on importing courses into your program, please see the Curriculog User Guide.

  • Program Curriculum *
  • Online Program Options

    In the field below please indicate whether the program being proposed will have an online only option available for students.

  • Please indicate the level of online availablity for this program:*
Required Summary Information
  • Justification for the Program

    This is the field where you will provide a justification for the creation of this program.  If this section is not complete, the proposal will be returned to the originator.  

    In the box below please address:

    • How will this new program enhance the curriculum of your department, college, and the university?
    • What specific needs are being addressed that are not being met in other programs? 
    • ​Document the demand for this program.
  • Justification*

    In 2016 CWU College of Business proposed a new specialization, a Bachelor of Science in Business Administration with a specialization in Personal Financial Planning (BSBA/PFP).  That proposal was approved by CWU Faculty Senate in Spring 2016 and the CWU Board of Trustees in Summer 2016. 
    The program was established in response to direct inquiries from CWU alumni and a review of the professional landscape in financial services.  The PFP specialization adheres to learning outcomes recommended by the Certified Financial Planning Board, (CFP Board).  In a manner similar to certification in professional accounting, students who successfully complete the CWU program will be prepared to sit for the CFP Board Certification exam.  CFP Certification is a highly desired professional designation for prospective employees at companies and organizations involved in different areas of the financial services industry including wealth management, banking, insurance, brokerage, accounting and others.

    Continued review of the program content indicated an opportunity to further enhance student preparation with additional relevant courses in counciling and technology, however the BSBA PFP is unable to add such courses in the program given credit caps.  At the same time it apparent that some prospective students would prefer to take course more focused on financial planning concepts and skills rather than core BSBA courses that may not be as relevant to their career aspirations.  The BS Personal Financial Planning BSPFP provides both a way to extend specific program requirements as well as provide a curriculum accessible to those who may not otherwise have considered a specialization that builds from a core set of courses assigned to all students pursuing a BSBA wilth specialization.  Additional information related to program resources and enrollment estimates and outcomes is attached.

  • Program Impacts, Costs, and Revenues

    The process for completion of this section is currently being reviewed. Please contact the Office of the Associate Provost for Accreditation, Academic Planning and Assessment for details on what information needs to be included as well as the appropriate format.

  • Additional Data for Graduate Programs Only

    Please indicate in the fields below the estimated number of projected enrollments in thesis, project or exam options, and estimated number of graduate assistantships. For Graduate level programs this information is required. Graduate level program proposals that do not include information in this section will be rejected. 

  • Thesis - Projected Enrollment
  • Project or Exam Options
  • Graduate Assistantships
    Estimated number of graduate assistantships.
  • Please indicate in the field below your faculty's ability to oversee thesis, project, or exam options as Regular, Associate, or Affiliate Graduate Faculty or qualifications to obtain Graduate Faculty status.

  • Faculty Ability to Oversee Graduate Qualifications
Student Learning Outcomes and Assessments
  • Program Proposals will no longer be required to have learner outcomes for the Faculty Senate Curriculum Committee's approval, however they will still be required for review by the college dean whose college will house the proposed program, the Office of the Associate Provost for Accreditation, Academic Planning, and Assessment, and for graduate level programs, by the School of Graduate Studies and Research.

    The preferred format for this is the "Student Learning Outcomes and Assessments" form. For assistance or questions please email curriculog@cwu.edu.

    While not required, it is suggested to copy and paste the completed text of that form in the field that follows.

  • Student Learning Outcomes and Assessments
  • User Tracking

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    Help: Show Current with Markup: This option displays the proposal with all of its current content marked to show different editors. Text fields that include imported content are indicated by a blue highlight, and may also include additional changes within, indicated by each editor’s unique color. Fields containing selects, checkboxes, radio buttons, or widgets (such as the curriculum) provide an activity log above the field, indicating each editor’s selection and unique color.

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