Family Financial Planning, MS

Master of Science Degree in Family Financial Planning

University of Nebraska - Lincoln

  • Fully Online
  • 36
    Credits
  • $590.00
    In-State
  • $590.00
    Out-of-State

Program Overview

The online Family Financial Planning, MS focuses on identifying effective efforts to help households improve their economic well-being while also considering the economic and social systems that may constrain these efforts. 

Students in this program will: 

  • Apply a systems approach in working with individuals and families relative to financial management.
  • Integrate financial planning content areas into the development of financial plans and targeted financial planning recommendations that meet specific individual and family need sets.
  • Effectively apply verbal, written and graphical communication and presentation skills to client presentations.
  • Synthesize and integrate complex and conflicting information sources into cohesive, defendable recommendations for clients.

The Family Financial Planning, MS program is offered as part of the Great Plains Interactive Distance Education Alliance (AG*IDEA). When students complete the program, they are utilizing coursework that is provided by seven universities. Students enroll in courses at the University of Nebraska Lincoln, even though courses may be taught by other AG*IDEA member institutions.  

The program develops competencies that can lead to the Certified Financial Planner designation by the CFP International Board of Standards. 

Career Outlook: The degree prepares students for further graduate study or for work in human services, extension and the private or public sector. The U.S. Bureau of Labor Statistics states the job outlook for Personal Financial Advisors to be 15% from 2016 to 2026. This is much faster than the average job growth rate. 

Career paths may include: 

  • Personal Financial Advisor
  • Budget Analysis
  • Financial Analysis
  • Financial Manager
  • Insurance Underwriters

Admissions and Requirements

To be accepted to this program, you must have:

  1. A Bachelor's degree

  2. 2.5 GPA or above on a 4.0 scale

  3. Taken the TOEFL or IELTS

    (Only required if English is not your native language)

  4. A written personal statement

    State your professional goals

  5. 3 letters of recommendation

  6. Official transcripts from all previous schools

NOTE: This program is authorized, exempt, or not subject to state regulatory compliance and may enroll students from all 50 states

To apply to this program:

  1. Apply and be admitted to Graduate Studies at the University of Nebraska-Lincoln
  2. Pay the non-refundable $50 application processing fee
  3. Submit one set of official transcripts from each college or university you have attended to Office of Graduate Studies
  4. Apply and be admitted to the department

Courses You’ll Take

Core Courses

Course NumberCourse NameCredits
CYAF 835Professional Practices in Financial Planning3
Prereq: Admission to CYAF graduate program or permission (Distance education course delivered by Kansas State University.) Challenges of managing financial planning practices: business valuation, personnel, marketing, client services, ethics and technical applications. Case study analysis, relying on a theoretical and applied approach, will provide practical exposure to management issues. Emphasis on current research findings.
CYAF 883Investing for the Family’s Future3
Prereq: Admission to CYAF graduate program. Investment options for families. Common stocks, fixed income securities, convertible securities, and related choices. The relationship between investment options and employee and/or employer benefit plan choices. (Distance education course delivered by Iowa State University.)
CYAF 824Fundamentals of Family Financial Planning3
Prereq: Admission to CYAF graduate program or permission. Issues and concepts related to the overall financial planning process and establishing client-planner relationships. Services provided, documentation required, and client-CFP licensee relationships. Competencies related to gathering of client data, determining goals and expectations, and assessing the client’s financial status. Emerging issues and the role of ethics. (Distance education course delivered by Kansas State University.)
CYAF 823Estate Planning for Families3
Prereq: Admission to CYAF graduate program or permission. Fundamentals of the estate planning process, including estate settlement, estate and gift taxes, property ownership and transfer, and powers of appointment. Tools and techniques used in implementing an effective estate plan, ethical considerations, and new and emerging issues in the field. Case studies provide experience. (Distance education course delivered by Montana State University.)
CYAF 821Insurance Planning for Families3
Prereq: Admission to CYAF graduate program or permission. Risk management concepts, ethical considerations, tools, and strategies for individuals and families. Life insurance; property and casualty insurance; liability insurance; accident, disability, health, and long-term care insurance; and, government-subsidized programs. Case studies provide experience in selecting appropriate insurance products.
CYAF 828Retirement Planning, Employee Benefits and the Family3
Prereq: Admission to CYAF graduate program or permission. Micro and macro considerations in retirement planning for individuals and families. Various types of retirement plans, ethical consideration in providing retirement planning services, assessing and forecasting financial needs, integration of retirement plans with government benefits, and current research and theory. Case studies provide experience.
CYAF 822Financial Counseling3
Prereq: Admission to CYAF graduate program or permission (Distance education course delivered by North Dakota State University.) Theory and research regarding the interactive process between clients and practitioner, including communication techniques, motivation and esteem building, the counseling environment, ethics, and methods of data intake verification and analysis. Legal issues, compensation, uses of technology to identify resources, information management, and current or emerging issues.
CYAF 840Personal Income Taxation3
Prereq: Admission to CYAF graduate program or permission. Income tax practices and procedures including tax regulations, tax return preparation, tax audits, appeals, preparation for an administrative or judicial forum, and ethical considerations. Family/individual case studies provide practice in applying and analyzing information. (Distance education course delivered by Montana State University.)
CYAF 841Housing Real Estate3
Prereq: Admission to CYAF graduate program or permission Distance education course delivered by Iowa State University. The role of housing and real estate in the financial planning process from a theoretical perspective. Taxation, legal aspects, mortgages, and financial calculations related to home ownership and real estate investments. New and emerging issues, as well as the role of ethics in financial planning.
CYAF 836Financial Planning Case Studies3
Prereq: Completion of all courses toward the Family Financial Planning specialization or permission (Distance education course delivered by Kansas State University.) Capstone course integrating both theoretical and applied concepts, including research findings introduced in all other courses. Students develop written financial plans based on comprehensive cases, presented to a panel of practitioners.
CYAF 897BPracticum in Family Financial Planning3 - 6
Prereq: Admission to CYAF graduate program or permission Pass/No Pass only.

Tuition & Fees

Nebraska Residents

Per Credit Hour

Tuition
$590.00
Fees
$0.00
Total
$590.00

3 Credit Hours

Tuition
$1770.00
Fees
$0.00
Total
$1770.00

Out of State Residents

Per Credit Hour

Tuition
$590.00
Fees
$0.00
Total
$590.00

3 Credit Hours

Tuition
$1770.00
Fees
$0.00
Total
$1770.00
About Faculty

University of Nebraska online courses are taught by expert faculty who embody the qualities resulting from research experience and professional/field experience. Students learn from faculty with a variety of backgrounds, many of whom are published researchers in their fields. NU faculty who teach online do so in a way that optimizes learning within the online modality and because technology enables students to access education they may otherwise may not be able to pursue.

Application Deadlines

Rolling admissions. Application review will begin upon receipt of all required application materials.