In 2016, Terri Holbrook created a new course in financial wealth management for students interested in investments, tax planning, and all areas of personal wealth management. In class, students learn financial planning strategies, to develop research techniques and methods of analysis in the personal financial planning process.

The course has become incredibly popular, with many students eagerly signing up each year. What makes this course so special? According to Holbrook, it’s all about hands-on learning and real-world experience.

Rather than relying solely on lectures and textbook material, Holbrook’s course is project-driven and case-based. At the beginning of the semester, students are introduced to a simulated four-generation family, and throughout the course, they receive emails from this client requesting assistance with a variety of financial issues, including retirement planning, investment portfolios, tax liabilities, and estate planning. By working through these scenarios, students gain valuable experience in the real-world challenges that personal wealth advisors face every day.

One of the key benefits of this course is its relevance to today’s job market. According to Holbrook, there is a significant shortage of financial advisors and planners, with many current advisors nearing retirement age and looking for younger professionals to take over their client base. Additionally, the baby boomer generation is currently transferring significant amounts of wealth to younger generations who may lack financial knowledge. For students interested in a career in financial planning and advisory, this course can be an excellent opportunity to gain experience and develop skills in a field with significant job opportunities.

The course has lasting personal benefits even for students not interested in a career in financial advising. Learning how to manage personal finances, invest wisely, and plan for retirement are skills that will serve students well throughout their lives.

Terri Holbrook’s course in financial wealth management is an excellent opportunity for students to gain real-world experience and develop valuable skills that will serve them well both personally and professionally. With a focus on hands-on learning and a simulated client scenario, this course provides an excellent foundation for students interested in pursuing a career in financial planning and advisory, as well as those simply looking to improve their personal financial management skills.

Interested in learning more about the MPA Program? Dive deeper into the program here.