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Bachelor's Program in Finance Midlothian IL

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Trinity Christian College
(708) 597-3000
6601 West College Drive
Palos Heights, IL
Tuition
Tuition Costs : $19936
School Information
Type of Institution : Four-Year college
Institutional Designation : Private—Religious

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East-West University
(312) 939-0111
819 South Wabash Avenue
Chicago, IL
Tuition
Tuition Costs : $12900
School Information
Type of Institution : Four-Year college
Institutional Designation : Private—Nonprofit

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South Suburban College
(708) 596-2000
15800 South State Street
South Holland, IL

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Morton College
(708) 656-8000
3801 South Central Avenue
Cicero, IL

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Governors State University
(708) 534-5000
One University Parkway
University Park, IL
Tuition
Full-Time In-State Tuition Costs : $4896
Full-Time Non-Resident Tuition Costs : $14688
School Information
Type of Institution : Upper-Level higher education institution with graduate programs
Institutional Designation : Public—State

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Governors State University
(708) 534-5000
One University Parkway
University Park, IL
Tuition
Full-Time In-State Tuition Costs : $4896
Full-Time Non-Resident Tuition Costs : $14688
School Information
Type of Institution : Upper-Level higher education institution with graduate programs
Institutional Designation : Public—State

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Dominican College
(708) 366-2490
7900 Division Street
River Forest, IL
Tuition
Tuition Costs : $19600
School Information
Type of Institution : Comprehensive higher education system
Institutional Designation : Private—Nonprofit

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Prairie State College
(708) 709-3500
202 South Halsted Street
Chicago Heights, IL

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City Colleges of Chicago, Harold Washington College
(312) 553-5600
30 East Lake Street
Chicago, IL

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University of Saint Francis - Joliet, IL
(800) 735-7500
500 North Wilcox Street
Joliet, IL
Tuition
Tuition Costs : $21450
School Information
Type of Institution : Comprehensive higher education system
Institutional Designation : Private—Religious

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Financial Planner

How to become a Financial Planner

There are many different roads to becoming a personal financial advisor or a financial analyst. There are no specific education requirements for many financial planner positions. Technically, it is possible to become a financial planner without a college degree. However, as the competition for jobs and clients can be great, a strong educational background is often quite beneficial.

Financial analyst may require a specific degree to be hired by a company. Many financial analysts and personal financial planners have bachelor's degrees in finance, business administration, accounting, statistics, or economics. Personal financial advisors typically have fewer educational boundaries than analysts and may pursue mathematics, law, political science, or other degrees as a foundation. A master's degree in business administration is acquired by many financial planners as well.

Financial analysts are often licensed by the Financial Industry Regulatory Authority (FINRA). Depending on the area of specialty, different licenses may be required. Personal financial advisors almost inevitably will need the Series 7 and Series 63 or 66 licenses, and additional licenses are required to sell insurance.

Most licenses are acquired after being hired by a firm or company. Independent personal financial advisors often have some relationship with a company before becoming licensed as well. Personal financial planners may undergo on the job training as new hires at a financial company.

Certifications may be obtained at some point in ones career to advance in the industry.

The Chartered Financial Analyst (CFA) designation, sponsored by the CFA Institute may be awarded after four years of work experience in a related field and a passing score on three examinations. A bachelor's degree is also required to become certified.

CFP certification, issued by the Certified Financial Planner Board of Standards, requires a bachelor's degree and specific educational credits. Certified Financial Planners are expected to have an extensive working knowledge of the field, adhere to a code of ethics, and pass a comprehensive examination.

What does a Financial Planner do?

Financial planners specialize in analyzing financial information and advising clients on how to invest and allocate their money. Financial planners work for a wide variety of clients and may handle small personal finances or multi-million dollar accounts.

Financial analysts work for businesses and companies while personal financial advisors have individuals for clients. In order to make successful investment advice, analysts examine the expenses, earnings, and other financial factors of the institution. Then, using an expertise on the business and the market as well as and statistical software packages, the analyst guides the financial decision of their client. Financial analysts may write reports or make presentations to make their recommend...

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