Frequently Asked Questions

The CERTIFIED FINANCIAL PLANNER certification is the best-known certification in the financial planning community. Boston University's Financial Planning Program is registered with Certified Financial Planner Board of Standards Inc. (CFP Board) as acceptable education to qualify to sit for the CFP® Certification Examination. Any student who completes BU's financial planning courses may sit for the two-day comprehensive examination. To learn more about this certification, visit CFP Board.
Do you have information on financial planning as a profession?
For more information on the financial planning profession, we suggest you download these articles: For details about the Financial Planning Association, visit their website.
Can students receive continuing education units?
Upon completion of a course in the Financial Planning Program (classroom only), students may be entitled to the following Continuing Education Units (CEUs):
  • Massachusetts Division of Insurance (MA DOI)—Students can receive 23 credits for each of the courses in the classroom program. An email will be sent to students at the beginning of each semester that outlines the process for receiving these credits.
Do you have career development opportunities?
The Center for Professional Education frequently receives job and internship postings from employers who are aware of our program, and these postings are distributed to our students. In addition, we recommend that students become involved in the Financial Planning Association (FPA) and the National Association of Personal Financial Advisors (NAPFA) organizations. They offer opportunities for networking and information about careers and practice management.

We also host Career Days, to which we invite local companies to meet with our students. These firms represent such areas as personal financial planning, insurance, banking, investments, accounting, and law.
Are there technical specifications for the online program?
Visit BU's TechWeb to view our online program technical requirements.
How can I learn more about this program?
We invite you to attend one of our Information Sessions, held throughout the year. Information Sessions are a great way to learn more about the program field (including career opportunities). Meet the program director and faculty, hear details about the academic curriculum and certificate requirements, and ask any specific questions you may have.

Can't make an Information Session? Feel free to contact us.
Is there a new course requirement to obtain the CFP® certification?

Capstone Course – Financial Plan Development Course Beginning in 2012, the education requirements for CFP® certification will include completion of a financial plan development course registered with CFP Board. This capstone course requirement has been designed to enhance the knowledge, skills and abilities of individuals seeking to attain CFP® certification and implement an assessment of their ability to deliver professional and competent financial planning services to the public.

Who is required to take the capstone course?

All students of CFP Board-Registered Programs whose initial dates of matriculation (initial enrollment) occur on or after January 1, 2012 will be required to take the capstone course. Individuals who register to take the CFP® exam under “Challenge” status will be required to take the capstone course if their first sitting for the exam is March 2012 or later.

When should the capstone course be completed?

This course should be completed at the end of one’s program of study, as the course is designed to require integration and application of content across all financial planning subject areas.

How do I report completion of the capstone course?

When you complete an application for the March 2012 or later administrations of the CFP® Certification Examination, you will be asked to provide information about how you completed CFP Board’s education requirement, including completion of the capstone course, if applicable.

If I took the November 2011 exam and did not pass, will I need to take the capstone course before re-taking the exam?

No. Students who complete a CFP Board-Registered Program before November 2011, and those whose initial dates of matriculation (initial enrollment) in a CFP Board-Registered Program occur before January 1, 2012, will not need to take the capstone course in order to re-take the exam. Individuals who "challenge" the exam in November 2011 or earlier will not be required to take the capstone course in order to re-take the exam.

Boston University does not certify individuals to use the CFP®, Certified Financial Planner and CFP<sup>®</sup> marks. CFP® certification is granted solely by Certified Financial Planner Board of Standards Inc. to individuals who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met ethics, experience and examination requirements.