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Financial Planning/Business Administration – BS/MBA

Program Overview:


The Dual Degree BS/MBA provides students of superior academic ability and maturity the chance to earn both degrees—which together would normally require 158 credits—with as few as 140 credits.

Students typically accelerate their progress by identifying graduate courses that can fulfill both graduate and undergraduate requirements. However, the plan of study may also include independent study, proficiency exams, special seminars, and advanced courses.

The Financial Planning major is intended for the student interested in personal financial planning for individuals or families. Financial planning involves the management of financial resources to establish a goal of where a person would like to be in the future and develop a plan of how he or she can achieve that goal. The plans developed require a comprehensive approach that includes several areas of personal finance, including investments, insurance, retirement benefits, estate planning, personal taxes, and financial plan development. Students of the Financial Planning major are also strongly encouraged to develop a focus in Accounting/Taxation and/or Finance and/or Marketing beyond the foundational knowledge of Financial Planning.

The Financial Planning major will prepare students to enter the field of financial planning in organizations such as banks, credit unions, insurance companies, investment firms or accounting firms. Eventually, students may choose to establish their own private practice for financial planning.

The Financial Planning major curriculum meets the educational requirement for certification with the Certified Financial Planner Board of Standards (CFP Board) and qualifies students to sit for the CFP® Certification Examination, administered by the CFP Board.



Program Contacts:

Gretchen Guenther-Collins, JD

Accounting, Finance & Economics Department Chair

Email: guentheg@strose.edu

Dr. K. Michael Mathews

Graduate Coordinator of the MBA Program

Email: mathewsm@strose.edu

Dr. Yu-Jung Avis

Associate Professor of Business

Email: avisy@strose.edu


Program Webpage:

Business Administration B.S./M.B.A.

Program Requirements:


The Financial Planning BS/MBA major at the College of Saint Rose offers a curriculum that complies with the educational requirement of the CFP® certification.* The Financial Planning major is built on a solid foundational knowledge of accounting and business. All Financial Planning majors develop a comprehensive understanding in the various functional areas of accounting and business by completing the Accounting and Business Requirements; they develop a focus in financial planning by completing the Financial Planning Requirements; and they develop a further specialized interest by completing the Electives Requirements.

Normally, once a student has matriculated in the Financial Planning major at The College of Saint Rose, he or she must satisfy all remaining major requirements with Saint Rose courses. Likewise, students pursuing the Financial Planning minor must satisfy all requirements for the minor with Saint Rose courses. 


The minimum credit requirement for the Bachelor of Science in Financial Planning/Master of Business Administration program at The College of Saint Rose is 158 credits, which consists of the following:



Undergraduate Accounting and Business Courses (36)
Undergraduate Finance Courses
(18)
Undergraduate Major Electives**  (6)
College Liberal Education Requirements

(41)

Additional Arts & Science Electives***

(8)

Undergraduate General Electives****

(13)

M.B.A. Core

(27)

M.B.A. Electives

(9)

Subtotal

158

Less potential challenge credits

(18)

Total

140


*CFP® and CERTIFIED FINANCIAL PLANNERTM are certification marks owned by the Certified Financial Planner Board of Standards. These marks are awarded to individuals who successfully complete the CFP Board’s initial and ongoing certification requirements. The College of Saint Rose does not certify individuals to use the CFP® and CERTIFIED FINANCIAL PLANNERTM. CFP certification is granted only by the Certified Financial Planner Board of Standards to those persons who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met its ethics, experience and examination requirements.

**The elective courses from the Accounting/Taxation minor and/or Finance minor and/or Marketing minor.


***Arts and science electives include courses from the arts and sciences that may or may not have Liberal Education designation. Courses taken in professional fields such as accounting, business, nursing, education, medical technology or engineering are generally not recognized as arts and sciences for this requirement. Students must consult with their advisors in selecting these courses.

****Additional credits include any courses offered or accepted by The College of Saint Rose that can be applied toward the 122 credit hour graduation requirement.


A study abroad option is available to interested students who want to spend a semester at an approved college or university in another country. The approved courses taken will count toward the Business degree.



Technology:

The use of computers is an integral part of graduate business courses. Students will have classroom assignments that require proficiency with word processing, spreadsheets and presentation software applications. The College of Saint Rose computer facilities include computer laboratories with open-time access available to all students. Scanning and laser printing are available. Since students use computer applications throughout the graduate business program for assignments, analysis, presentations, and as a managerial tool, computer ownership is strongly recommended.

Internship/Field Experience/Service:

Required Course

MBA 699Full-time Graduate Internship

3

Culminating Academic Experiences:

Required Course

MBA 690Strategic Management

3

Professional Accreditation:

The College of Saint Rose, sponsored by the Sisters of Saint Joseph of Carondelet, Albany Province, is chartered by the Board of Regents of New York State. All of its degrees and programs are registered and its professional programs are fully approved by the Board of Regents through the New York State Education Department.

The College of Saint Rose is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, PA 19104 (267-284-5000). The Middle States Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation.

Admissions and Financial Aid Information:

General Admission Information

Eligibility for admission to The College of Saint Rose graduate programs is typically based upon the following minimum requirements:

  1. Submission of a completed application and a Statement of Purpose of approximately 300 words detailing the applicant’s goals for graduate study.
  2. Evidence of the possession of a baccalaureate degree from an accredited institution through submission of official transcripts from all undergraduate and graduate institutions attended
  3. Academic and professional qualifications for graduate study, as indicated by two letters of recommendation.
  4. A grade point average of 3.0 (on a 4.0 scale), overall and in the undergraduate major.
  5. Other admission criteria specified by academic programs such as submission of resumes, writing samples, portfolios, test scores, and participation in interviews or admissions workshops.

Applicants to The College of Saint Rose are responsible for completing their applications by submitting all required components. Prospective students may wish to visit our website for online application options and downloadable forms.

See Graduate Admissions section for more information.

Financial Aid

The College of Saint Rose has long been committed to the premise that a quality education should be within the reach of qualified students. To this end, the College serves its student body through a comprehensive program of federal, state, and institutional financial aid. While the basic responsibility for financing education lies with the students and their families, scholarships, loans, and/or assistantships can supplement insufficient family resources. The amount of aid available through the College is limited and is awarded on the basis of academic merit. All financial assistance from the College is subject to adjustment if the recipients are later granted aid from other sources. Financial aid awards are contingent upon students’ maintaining good academic standing and satisfactory academic progress.

See Financial Aid section for more information.

Additional BS/MBA Admission Information:

B.S./M.B.A. Application Process

Once accepted for this option, students do not obtain a degree until all course work is completed; then, they are awarded two degrees - the Bachelor of Science in Financial Planning and the Master of Business Administration. After admission to the program, the student must maintain a minimum cumulative GPA of at least 2.8 and a cumulative GPA of 3.0 for all business courses completed. No undergraduate business course with a grade of lower than “C+” will be accepted toward graduation. Only two undergraduate courses may be retaken to improve grades. All other graduate curriculum requirements apply. If a conflict should arise, M.B.A. program requirements take precedence.

Incoming First Year Students
  • Average grade of A in high school course work
  • Minimum SAT score of 1100
Transfer Students and Current Saint Rose Students
  • May apply after completing 45 credits at Saint Rose or another accredited institution with a minimum cumulative GPA of 3.4

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