While reading this month’s issue of Kiplinger’s Personal Finance magazine, I found that UC Irvine offers a free online course on the Fundamentals of Personal Financial Planning:
This course was produced by a generous grant from the Certified Financial Planner Board of Standards and by the Distance Learning Center at the University of California, Irvine under the OpenCourseWare Initiative. The purpose is to make widely available to the general public a course designed to provide a comprehensive but easily understood overview of personal financial planning.
This course is not intended to replace the professional financial planner, but to help to make the general public better consumers of financial planning advice. It tries to help those who cannot afford extensive planning assistance to better understand how to define and reach their financial goals and provides basic understanding so they can make informed decisions. The course can also be seen as a reference for individual topics that are part of personal financial planning.
While it seems to be a pretty good basic resource for novice investors, I was actually disappointed as I was hoping to see some of the actual courses one would have to take to become a Certified Financial Planner (CFP). Is it heavy on the math? Mostly memorization? I’ve toyed with the idea of becoming a financial planner before, but it always seems like it would be hard to start out anywhere else besides a commission-based sales job.