18-credit Technical Certificate
Gain practical knowledge to begin or advance your career as a high-demand financial services professional, including insurance agents, registered representatives, financial advisors and others. Meet weekly with real-world industry professionals in an interactive, blended learning environment to master the fundamentals of insurance, income taxation, retirement planning, investments and estate planning.
Credits earned in the Financial Services certificate can be transferred into The American College of Financial Services to get a head start on earning one of three designations:
- CLU® – Chartered Life Underwriter
- ChFC® – Chartered Financial Consultant
- CFP® – Certified Financial Planner
|Course Num||Course Name||Credits|
|114-100||Fin Plan: Process/Environment||3|
|114-101||Fund of Insurance Planning||3|
|114-103||Planning for Retirement Needs||3|
|114-106||Fundamental of Estate Planning||3|
Total Semester Credits
* (Prerequisites or substitutes may apply to this class.)
View course descriptions of all required courses
View course descriptions of all required courses
114-100 Fin Plan: Process/Environment
This financial planning training course provides an overview of the financial planning process, including communication techniques, ethics, risk tolerance, time-value-of-money concepts, financial planning applications, regulatory issues and the legal and economic environment for financial planning. Offers an understanding of the role and responsibilities of a financial planner, along with some analytical skills to aid in financial decision-making.
114-101 Fund of Insurance Planning
Focuses on the role of planning for insurance needs. Covers basic concepts in risk management and insurance, insurance industry operations, legal principles pertaining to this industry, and regulation of insurers. Examines social insurance, life insurance and annuities, medical and disability income insurance, long-term care insurance and personal property and liability insurance.
114-102 Income Taxation
This professional financial planning course examines the federal income tax system with particular reference to the taxation of individuals. Covers such concepts as gross income, exclusions from gross income, deductions, tax credits, capital gains and losses, taxation of life insurance and annuities and income taxation of partners, partnerships, corporations and shareholders.
114-103 Planning for Retirement Needs
Focuses on selecting the right retirement plan for the business and on individual retirement planning. Covers qualified plans, SEPs, SIMPLEs and 403(b) plans and nonqualified deferred compensation plans. Emphasizes the practical knowledge needed for choosing the best retirement plan, especially for the small business, and designing a plan that will meet a client?s needs. Also covers individual retirement planning including IRAs and Roth IRAs, Social Security benefits, saving for retirement and planning for retirement plan distributions.
Covers various aspects of the principles of investments and their application to financial planning. Discusses risk analysis and risk and return computations. Looks at stocks, bonds, investment companies, options and futures contracts. Includes an extended discussion of tax issues in investing and issues in the practice of portfolio management, including strategic and tactical asset allocation.
114-106 Fundamental of Estate Planning
Covers various aspects of estate and gift tax planning, including the nature, valuation, transfer, administration and taxation of property. Provides a basic understanding of the estate and gift tax system, including strategies of estate planning. Discusses gratuitous transfers of property outright or with trusts, wills and powers of appointment; use of the marital deduction; valuation of assets; and buy-sell agreements. Covers the client interview, fact finding, ethical standards and development of personal estate plans.
Credit Transfer Opportunities
WCTC has agreements with local high schools and various four-year colleges and universities that enable students to transition more seamlessly from high school to WCTC to four-year colleges. Transcripted credit agreements provide high school students the opportunity to take WCTC courses at their high schools. Agreements with four-year colleges enable WCTC graduates in selected programs to transfer credits, often at junior-level standing. Agreements currently in place for this program are listed below.
There are no credit transfer agreements for this program at this time. For more information, contact your academic advisor.
UW-System Credit Transfer
If you are interested in attending a UW-campus, you should contact a transfer representative at the campus you plan to attend. You may also check credit transfer agreements between WCTC and the UW System to tell you which specific courses and general education classes may be accepted.
Important Cautionary Note:
This information is intended as a general description. Please verify the availability and details of the program that interests you with the transfer coordinator at the receiving institution.