The Financial Services program offered through the Berkeley College Larry L. Luing School of Business® was cited in the October 2018 issue of Financial Planning magazine. The list of 102 schools for financial planning was drawn from a financial planning survey of colleges and universities that offer Certified Financial Planning (CFP) Board-registered degree programs. You can see the list in its entirety here.
“The opportunity for successful careers in the financial services field is vast,” said Joanne Snider, DBA, CFP, ChFC, CLU, Assistant Chair, Accounting and Finance, Berkeley College Larry L. Luing School of Business.
Dr. Snider said the biggest reason for the shortage of planners and analysts in the field is that many of those currently active are planning retirement in the next decade. In addition, more minority families will need the expertise of a certified financial planner and will likely feel more comfortable working with someone who appears more like themselves.
According to a report released by the CFP Board Center for Financial Planning in May 2018, the lack of racial and ethnic diversity in the financial planning profession is considerable. Based on self-reported data provided to the CFP Board, less than 3.5 percent of all 80,000 CFP® professionals in the United States are black or Latino, which is significantly less than the representation of blacks and Latinos in the U.S. population.
In the fall 2018 enrollment at Berkeley College, minorities comprise 52 percent of the undergraduate students overall; 42 percent enrolled in the Financial Services program are minorities.
“At Berkeley we have a program that puts our students ahead of the curve,” Dr. Snider said. “It is intensive and distinct in that we offer an undergraduate degree that includes the courses required by the Certified Financial Planner Board of Standards, Inc. in Washington, D.C. Berkeley also offers courses necessary for a corporate financial analyst. Students can specialize in personal financial planning, corporate finance, or both.” You can learn more about the Berkeley College degree offerings in Financial Services here.
Berkeley College faculty encourage students to take advantage of the peer and faculty-tutoring program offered at the Berkeley College Centers for Academic Success. To read another story about career planning in this field click here.
Most faculty at Berkeley College have professional work experience in their respective fields as well as teaching experience. Dr. Snider has certifications as a financial planner, a chartered financial consultant, and a chartered life underwriter. She earned a Bachelor of Arts in Math at the University of Michigan, a Master of Business Administration in International Business at Long Island University, and a Doctor of Business Administration – Finance from Walden University. An advocate in her field, Dr. Snider fostered a scholarship program for students in Financial Services to become members of the Financial Planning Association in New York, has authored articles, presented at conferences, and served as a financial consultant to firms in Michigan and New York.
A leader in providing career-focused education since 1931, Berkeley College is accredited by the Middle States Commission on Higher Education and enrolls more than 7,000 students – including more than 350 international students – in its Master’s, Bachelor’s, and Associate’s degree and Certificate programs. Students can study in more than 20 career fields. Berkeley College is comprised of the Larry L. Luing School of Business®, the School of Professional Studies, the School of Health Studies and the School of Liberal Arts. The School of Graduate Studies offers an MBA in Management online and in Woodland Park, NJ.