MS in Personal Financial Planning With Emphasis in Personal Financial Planning

The resident Applied Master of Science is for students who view the MS as their terminal degree and plan to work as a financial services professional following graduation. The Applied MS focuses on understanding issues and solving practical problems in the financial services industry. An industry-relevant capstone research project, rather than a thesis, is required for graduation.  The program is registered with the Certified Financial Planner Board of Standards, Inc.  Course work is designed to complete the education required to sit for the national CERTIFIED FINANCIAL PLANNER™ (CFP®) exam and to broaden the practitioner’s understanding of the various factors that can affect and enhance a client’s financial security and economic well-being. Coursework culminates in a creative component, providing students an opportunity to integrate theory and practice in exploring or resolving issues related to personal financial planning.

Degree Requirements

The Applied Master of Science is a non-thesis 36-hour program.

Required CFP Education Courses21
Core Requirements
FINPLN 7183Fundamentals of Personal Financial Planning3
FINPLN 7382Financial Planning: Risk Management3
FINPLN 7383Financial Planning: Investment Management3
FINPLN 7187Financial Planning: Tax Planning3
FINPLN 7386Financial Planning: Employee Benefits and Retirement Planning3
FINPLN 7393Financial Planning: Estate and Gift Planning3
FINPLN 7389Financial Planning: Capstone3
Required Courses in Personal Financial Planning9-12
FINPLN 8483Family Economics3
FINPLN 8488Household Financial Decision Making3
FINPLN 8500Personal Financial Planning Capstone3-6
Supporting Courses in Personal Financial Planning
FINPLN 7993Internship in Personal Financial Planning3-6
FINPLN 8087Seminar in Household Economics and Finance1-3
FINPLN 8450Applied Research in Household Economics and Planning3
Other Supporting Courses
ECONOM 7351Intermediate Microeconomics3
ECONOM 7353Intermediate Macroeconomics3
ECONOM 7370Quantitative Economics3
ECONOM 8370Mathematics for Economics3
ECONOM 8473Applied Econometrics3
STAT 7110Statistical Software and Data Analysis3
STAT 7510Applied Statistical Models I3
STAT 7520Applied Statistical Models II3
STAT 8310Data Analysis I3
STAT 8320Data Analysis II3
SOCIOL 7120Social Statistics3
SOCIOL 8130Advanced Social Statistics3
Potential Electives
ACCTCY 7310Accounting for Managers3
FINANC 7820Investment Fund Management1-3
FINANC 8620Investment Strategy of Warren Buffett1-3
FINANC 8320Financial Markets1-3
Any MANGMT or MRKTNG coure numbered 7000 and above

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Plan of Study

Each student’s plan of study will vary to some degree, depending on the student’s background, needs, and career plans.

Please review the following degree program handbooks for degree requirements and plan of study: the Resident Applied Master's Degree Program Handbook.


Applicants are required to meet two sets of minimum qualifications for admission: the requirements of the MS in Personal Financial Planning program and the minimum requirements of the Graduate School. Because requirements vary, you must refer to a degree program’s graduate admission page to learn about specific admission criteria, application deadlines, eligibility and application process.  Before official admissions to the University of Missouri, your application materials will be reviewed by both the Graduate School and the degree program to which you've applied.

Application Deadlines

Fall deadline: April 1st
Spring deadline: October 1st
*Exceptions will be considered on a case by case basis

Admission Criteria

  • English Language Requirements (for ESL applicants only):
Internet-based test (iBT) Paper-based test (PBT)
80 550

We also accept IELTS scores

Item Score
International English Language Testing System (IELTS) 6.5
  • Minimum GPA: 3.0 in last 60 hours

Required Application Materials

To the Graduate School:

  • All required Graduate Admissions
  • 3 letters of recommendation
  • Statement of Purpose
  • Official transcripts
  • Résumé

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