The Broad College’s newly launched Master of Science in Financial Planning and Wealth Management program has been approved by the Certified Financial Planner Board of Standards Inc., making it a CFP-registered program.

With this designation, Spartan graduates are put on a fast track toward earning CFP certification — one of the most respected certifications in financial services.

“Achieving registration with the CFP Board is very important for our program’s objectives,” Stephen Schiestel, program director and Addy Professor of Practice in finance, said. “The six classes that are required for registration form the foundation of the program here at Broad. We also have supplemental offerings that will give students the ability to develop the technical and customer-focused skills needed to be outstanding advisers.”

The CFP Board currently oversees more than 300 programs at more than 200 institutions. It sets standards for financial planning and administers the CFP certification, so that the public has access to and benefits from competent and ethical financial planning.

“We are pleased to approve the program at MSU as a CFP Board-registered program,” Douglas S. King, chair of the CFP Board’s board of directors, said. “As student interest in financial planning as a career continues to grow, we anticipate that the Broad College’s program will contribute significantly to the number of qualified candidates seeking to attain the CFP certification, the standard of excellence for competent and ethical financial planning.”

Upon graduation from the program, Broad students can take the CFP exam to earn the credential, ultimately distinguishing themselves among their peers by meeting specific education, examination, experience and ethics requirements.