Financial Planning

Overview

Welcome to the Grace College major in financial planning. The business administration component allows for integrative study of the disciplines necessary for understanding business and the larger economic environment. Building on this foundation, the financial planning component allows for specialized, intensive study of financial planning. A biblical understanding of business permeates both components of this major.

This major develops a student’s capacity for which accurate understanding is necessary for optimal planning and action. An interdisciplinary approach across courses enhances this process. The curriculum culminates with internships, simulations and other applied learning opportunities that smooth the transition from the classroom to the workplace. A biblical understanding of business and the larger economy helps students understand that economic growth and prosperity are maximized when economic activity is organized through a decentralized, market-based approach. Given this, a proper appreciation of the free enterprise system is foundational to business education at Grace College.

Grace College has received specialized accreditation for its business programs through the International Assembly for Collegiate Business Education (IACBE) located at:
11374 Strang Line Road in Lenexa, Kansas, USA.

Course Requirements for B.A. or B.S. Financial Planning

Courses

Examples of courses in this major:

ACC3110 Intermediate Accounting I

Integrates accounting theories and concepts in the preparation and analysis of financial statements with emphasis on corporate accounting. During the two semesters, students encounter a detailed study of the balance sheet.

FIN3290 Financial Statement Analysis

This course examines how the financial accounting model provides a framework for discovering and understanding the information contained in financial statements, including the footnotes to those statements. As part of this process the integrative nature of the financial accounting model is reinforced.

ACC3390 Federal Income Tax

This course provides an overview of the structure of the federal income tax, including the tax treatment of individuals, business entities and investments. Based on this overview, tax compliance, tax planning and the role of taxes in decision making are examined.

FIN3170 Money and Banking

The study of the principles of money, banking and credit with emphasis on monetary theory and policy and their role in domestic and international economics.

FIN3270 Financial Planning

To acquaint the student with the principles and concepts of basic financial planning and personal finance, with both theoretical and personal application and a view toward the Certifies Financial Planner exam.

FIN4280 Investments

This course acquaints the student with the principles and concepts of investment theory and portfolio management. The student will be acquainted with the open market of securities and related terminology. In addition, he/she will be exposed to concepts that will prepare him or her as a corporate manager, for acquisition, and for merger analysis.

MKT4030 Services Marketing

Devoted to supplying “how-to” marketing tools for the expanding service sector of the economy, this course bridges a gap between theory and application by simply and clearly presenting marketing methodologies that can assist you in marketing your service. It is built around core guiding principles including market orientation, characteristics of services, value concept. Special emphasis will be on intangibility, inseparability, variability, and perishability.

Faculty