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Financial Planning/Business Administration - BS/MBA **No new applications are being accepted**

Program Overview:

The School of Business also offers a dual degree B.S./M.B.A. option which provides students of superior academic ability and maturity the opportunity to accelerate their degree progress. These programs allow students to fulfill the requirements of the undergraduate and graduate degree, which normally require a minimum of 158 credits, in as few as 140 credits.

Once accepted into the dual degree (B.S./M.B.A.) program, students do not obtain a degree until all course work is completed for both degrees – at which time students are awarded both the B.S. in their desired major and the M.B.A.

Students develop an approved plan of study with guidance from the B.S./M.B.A. Program Advisor. Students typically accelerate their progress by identifying graduate courses that can be used to fulfill both graduate and undergraduate requirements. 

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.

Admission Requirements for the B.S./M.B.A. Dual Degree Program

Incoming Freshmen:

  • Average grade of A in high school course work
  • Minimum SAT score of 1100

Transfer Students and Current College of Saint Rose Students:

  • May apply after completing 45 credits at Saint Rose or another institution with a minimum GPA of 3.4



Program Contacts:

Dr. Yu-Jung Avis

Chair, Accounting, Finance & Economics Department

Email: avisy@strose.edu

Dr. John Dion

MBA Program Coordinator

Email: dionj@strose.edu

Program Webpage: Finance/Business Administration, BS/MBA

Program Requirements:

The Financial Planning 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 Financial Planning Courses

18

Undergraduate Electives from Minors**

6

College-wide Liberal Education Requirements

41

Additional Liberal and General Education electives***

8

Undergraduate General Electives****

13

MBA Core Requirements

27

MBA 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.

**These elective courses are from one or more of the following minors: the Accounting/Taxation minor, the Finance minor, and/ the Marketing minor.

***Additional Liberal and General Education electives include non-professional courses 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 courses fulfilling this requirement. Students must consult with their advisors in selecting these courses.

****The number of credits required may  be less than 13. General Electives include any courses offered or accepted by The College of Saint Rose that can be applied toward the 122 credit hour graduation requirement. 

27

Major in Financial Planning (60 credits)

Accounting and Business Courses (36 credits)

ACC 121Principles of Financial Acctg

3

ACC 122Principles of Managerial Acctg

3

ACC 320Acc't Information Systems

3

or

BUS 219Management Info Systems

3

BUS 111Fundamentals of Business

3

BUS 199Fund of Business Colloquium

0

BUS 210Business Communications

3

BUS 233Business Law 1

3

BUS 246Organizational Behavior

3

BUS 253Principles of Marketing

3

BUS 301Financial Management

3

BUS 334Business Law II

3

BUS 352Quantitative Business Analysis

3

BUS 487Global Topics in Finance

3

or

BUS 425Integrated Global Business

3

Financial Planning Courses (18 credits)

ACC 328Taxation

3

BUS 302Insurance Planning

3

BUS 305Benefits and Retiremnt Plng

3

BUS 406Estate Planning

3

BUS 486Investment I

3

BUS 491Field Stdy in Fin Plan Dev

3

Elective Courses (6 credits)

Take two courses from the following minors:

Accounting/Taxation minor

Finance minor

Marketing minor

Undergraduate Electives from Minors (6 credits)

Take two courses from the following minors:

Accounting/Taxation minor

Finance minor

Marketing minor

College-wide Liberal Education Requirements (41 credits)

Financial Planning majors must complete the following courses as part of their Liberal Education requirements:

CSC 114Excel

3

ECO 205Principles of Macroeconomics

3

ECO 206Principles of Microeconomics

3

MAT 180College Algebra

3

Additional Liberal and General Education Electives (at most 8 credits required)

 

Financial Planning majors must complete either MAT 184 Elementary Statistics or ECO 280 Business Statistics as an Additional Liberal and General Education elective.

Courses fulfilling the requirement of Additional Liberal and General Education Electives can include courses that may or may not have Liberal Education designation. Courses taken in professional fields such as accounting, nursing, education, medical technology, or engineering are generally not recognized as courses fulfilling this requirement.

General Electives (at most 13 credits required)

Additional Requirements, Prerequisites, and Recommendations
Financial Planning majors are strongly encouraged to take MAT 180 College Algebra, MAT 184 Statistics or ECO 280 Business Statistics, and CSC 114 Excel, or their equivalents, in the first or sophomore year because these courses form an essential knowledge base for upper-level major courses. Students must earn a cumulative grade point average of 2.0 or better in all courses required for the 60-credit Financial Planning major.

Graduate MBA Requirements (36 credits)

Core Courses (27 Credits)

MBA 516Mgmnt Com/Soc Res

3

MBA 517Org. Beh & Mgmt.

3

ACC 522Budgeting & Cost Analysis

3

MBA 555Managerial Economics

3

MBA 582Human Resource Management

3

MBA 635Marketing Management

3

MBA 640Managerial Finance

3

MBA 660Prod & Qual Mngmt

3

MBA 690Strategic Management

3

MBA 690: (taken in the final semester)

Graduate Electives/Internship (9 Credits)

The usual number of elective courses is three. However, the actual number of elective courses taken will depend on the number of waived and/or transferred credits. Elective courses allow the student the flexibility of developing a functional specialization or broadening of his/her management background. They may be taken at any time.

Students in the Part-Time Program take three elective courses (9 credits). Students in the One-Year and Full-Time options MAY take 3 credits of Graduate Internship (MBA 699) in lieu of one of the elective courses. The remaining elective requirements (6 credits) may be satisfied by taking any two (2) elective courses.

Internship/Field Experiences/Study Abroad/Service:

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.


Required Course:

BUS 491Field Stdy in Fin Plan Dev

3

Professional Accreditations:

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 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. http://www.msche.org

The School of Business at The College of Saint Rose, inclusive of its degree programs at the bachelor’s and master’s level, is accredited by the Association of Collegiate Business Schools and Programs (ACBSP), a specialized accrediting agency recognized by the Council for Higher Education Accreditation. http://www.acbsp.org/

Admissions and Financial Aid Information:

The Undergraduate Admissions Office begins review of First-Year applications each fall in late September for the following Fall. Students are encouraged to submit a complete application as early as October. The Admissions Team will return a decision on complete applications within just three weeks. The College awards academic scholarships at the same time.

What Makes an Application Complete

  • Online or Paper application (fee waived for all applicants!)
  • Official High School Transcripts
  • Official Transcripts for any College Level Courses
  • SAT or ACT scores  (See Test Optional FAQ's)
  • Letter of Recommendation from a Counselor or Teacher
  • Essay or Graded Paper
  • Applicants may also apply via the Common Application Online.
  • Art applicants are required to complete a portfolio review.
  • Music applicants are required to complete an audition.

Admissions contact information (telephone number, admissions web pages)

Scholarships and Financial Aid

See Tuition, Fees, and Financial Aid section for more information.

The Bottom Line

The total cost of The College of Saint Rose (including tuition, fees, room and board) is one of the lowest of any private college in the Northeast, and we award more than $34 million in Saint Rose scholarships, grants and financial aid.

Take a look at our bottom line, and view a cost comparison with a four-year public institution.

More about Financial Aid

Financial Aid is defined as any grant, scholarship, loan, or employment opportunity given with the express purpose of assisting you with education-related expenses to make your education affordable. Financial Aid is awarded on the basis of student need and the availability of funds.

The Admission and Financial Aid teams have designed a Guide to Scholarships and Financial Aid to help prospective students and families get to the bottom line and find that The College of Saint Rose is one of the lowest of any private college in the Northeast--while maintaining powerful academic opportunities.

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