Bradford University School of Management will launch a four-year degree in financial planning in September 2010.
The Bsc, which has been developed in partnership with the Yorkshire Independent Financial Advisor Forum, will include a one-year work placement.
Graduates of the course will earn the Chartered Insurance Institute’s (CII) certificate in financial planning as well as a Bsc degree. They will also amass substantial credits towards the CII’s diploma in financial planning
Professor Arthur Francis (pictured, second from right, back row), dean of the school of management, said they had worked closely with the forum and others in the industry to ensure that the school’s financial planning graduates would be sought-after by future employers.
‘This is an opportunity for increased engagement with employers in Bradford, Yorkshire and nationally to develop expertise in our graduates and contribute to both students’ employability and business expertise in financial planning,’ he said.
Insurance giant Aegon is also backing the new qualification and Dr Peter Williams (pictured far left, front row), head of industry development at Aegon, said it would come at a timely point for the intermediary sector.
‘Bradford University School of Management is one of the UK’s leading business schools and their commitment to the future of IFAs and advice is testimony to how quickly the current financial services industry is becoming a profession,’ he said.
‘The Financial Services Authority (FSA)’s retail distribution review will accelerate this change and Bradford University School of Management graduates will be well-placed to enter the profession,’ he added.
Personal Finance Society chief executive Fay Goddard has also thrown her weight behind the course, praising the initiative.
‘Both the Yorkshire IFA Forum and the university deserve praise for this initiative and we have been pleased to add our support,’ she said.