The findings of a survey conducted jointly by the Certified Financial Planners Board of Standards and the International Association for Financial Planners showed that about 50 percent of financial advisers operating in the United States hold a bachelor’s degree. The fact that more financial advisors hold a bachelor’s than any other type of degree coincides with the fact that it meets the minimum education requirement for earning the Certified Financial Planner (CFP) professional designation, widely recognized as among the most respected elective designations in the industry.
Bachelor’s degree programs also provide many options in terms of specialization in the various fields of study most commonly pursued by would-be financial planners: accounting, finance, business and economics. Specialized degrees available at the baccalaureate level often offer a combination of these disciplines. For example, business students would be given the option to major in business, while emphasizing finance, economics or accounting.
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