Financial Planning Master's Degree Programs

A master's degree program in financial planning can prepare you to help families and individuals with their financial futures by educating them about taxes, retirement and investing. Continue reading to see the duties of financial advisors and the projected salary ranges. Schools offering Chartered Financial Analyst (CFA) degrees can also be found in these popular choices.

What Is a Financial Planning Masters Program Like?

A master's degree program in financial planning typically takes between one and two years to complete if attended full-time. Most programs require a background or experience in finance. Many programs prepare you to sit for the Certified Financial Planner (CFP) exam upon graduation. You could learn about financial theory as well as entrepreneurship, which you could use to start your own consulting practice. You might also study industry-current financial software. For example, you could take classes on the following topics:

  • Personal taxes
  • Financial counseling
  • Estate planning
  • Family insurance
  • Economics
  • Property tax
  • Real estate finance
  • Retirement planning
  • Property transactions

Common CoursesProperty Tax, Real Estate Finance, Retirement Planning, economics
Possible CareersFinancial advisor, loan officer, accountant
Projected Job Growth (2014-2024)30%
Median Salary (2014) $55,826 per year

What Is a Financial Planner?

A financial planner is a financial advisor who usually counsels individuals. Sometimes they are called financial advisors. As a financial planner, you might meet with your clients annually to talk about financial plans; you could discuss investment opportunities, retirement, promotions and raises, marriage or risk management. You might also advise clients on taxes, financial goals, insurance and education expenditures. Additionally, you could sell financial products; however, you usually need a license to do so. Some of your daily job duties might include the following:

  • Determining payment schedules
  • Writing financial reports
  • Renewing loan documents
  • Completing loan forms
  • Accounting

What Is the Job Outlook and Pay?

The U.S. Bureau of Labor Statistics (BLS) reported an expected employment growth rate of 30% between 2014 and 2024 ( In January 2016, reported a median annual salary of $55,826 for financial advisors. Also in January 2016, reported that financial advisors with 5 years of experience or less made $51,000 or less, while those with 20 years of experience or more made at least $144,000. The top paying industries for this profession were investing, accounting and tax preparation, securities and commodities, and insurance related areas.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

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