Financial planning as an undergraduate degree is still fairly young at most colleges and universities.
TD Ameritrade Institutional reached out to all of the 105 four-year colleges and universities in the U.S. with undergraduate financial planning programs, according to the CFP Board’s list of registered programs. Thirty-seven percent of schools participated in the survey, which was fielded via email and telephone in September.
According to the survey, program directors report that the average age of these programs is 10 years. The average program has 66 students enrolled and six faculty members, which typically includes two women, one minority and two financial advisors.
According to the survey, 90% of schools surveyed that have financial planning programs expect enrollment in these programs to grow over the next five years.