Consumer and Family Financial Services
Consumer and Family Financial Services
About
Consumer and Family Financial Services
Degree: BS
Campus: Columbus
College: Education and Human Ecology
A bachelor’s degree in consumer and family financial services prepares you for a career helping people, businesses and organizations make sense of complex financial concepts, data and policies. You’ll learn the analytical and people skills necessary to help clients or employers make better decisions in the real world.
This program offers two specializations: the Certified Financial Planner™ (CFP®) track and the consumer behavior track. The opportunity also exists to sit for the Accredited Financial Counselor certification exam.
Get started
Upon admission to the university, students enroll directly into consumer and family financial planning program as a pre-major.
After completion of the following major admission requirements, students are placed in the major.
- complete 15 semester hours at Ohio State
- earn at least a 2.0 cumulative GPA
- complete economics and statistics with a grade of C- or higher
The first two years of the program are devoted primarily to meeting the General Education (GE) requirements and concentrating on the basic sciences and arts. Several introductory major courses are open to students during the freshman and sophomore years.
Curriculum
Students are required to take course work that focuses on the consumer, their problems and solutions to them, their decision-making processes in relation to their finances, and their interaction with the marketplace. In addition, students can broaden their understandings with course choices from the business college, communications and economic departments, and from other programs within this college.
Emphasis is placed on understanding consumer behaviors and decision making, marketplace complexities, and resolution of consumer problems. In addition, students can focus on helping families and individuals reach financial goals through effective management of financial resources. Much emphasis is placed on developing communication and analytical skills related to consumer/ market concepts and management of resources.
A minimum of 120 semester hours is required to complete the consumer and family financial services program. Required major courses include family financial management, accounting and communications. In addition, students take a core of consumer science classes on consumer problems and perspective, consumer service and satisfaction, the multicultural consumer, consumer decision making, and professional development.
Students may choose 30 credits from the following two groups with at least 15 hours from group A:
- Group A is designed to broaden a student’s knowledge in the major. Students can choose from courses such as Solutions to Consumer Problems, Quantitative Methods in Consumer Sciences, Family Financial Management Theory and Practice, Families in Business Family Tax Planning, and Retirement Planning and Employee Benefits.
- Group B is designed to build knowledge in sales/retail management and human resources and includes several courses from business dealing with finance, management, marketing, entrepreneurship, and courses from communications and economics.
Study abroad
The Global Option in Education and Human Ecology is an option for students in good academic standing on any Ohio State campus. In this program, students develop their ability to communicate with and work alongside individuals from other cultures through education abroad programs and globally themed course work.
Internship
Students can choose to complete an internship for course credit in banks, financial planning firms, insurance companies and sales/marketing positions.
Honors and Scholars
The College of Education and Human Ecology Honors Program offers students rigorous course work and opportunities to work closely with faculty to design and complete a research project. Students in this program also have access to smaller classes, priority scheduling and unique housing opportunities.
The Ohio State Scholars programs feature close-knit, residential communities for students who share common interests. Consumer and family financial services students may find the Business, International Affairs, Mount Leadership Society and Law and Society Scholars programs to be a good fit with their interests.
Student organizations
The Student Financial Planning Association at The Ohio State University is a professional development student organization that helps students enhance the skills necessary for a career as a financial planner. The organization also connects students with financial service professionals and financial planning firms.
Scarlet and Gray Financial provides opportunities for students to become peer financial coaches through its Leadership Development Program.
Possible careers
Consumer and family financial services graduates are employed in a wide range of careers. Graduates find employment in business and industry, financial establishments, nonprofit organizations, state agencies, social service agencies, trade associations, public utilities, and the state legislature.
Positions in the area of consumer services include public relations representative, customer service representative, market research analyst, sales representative or manager, educational specialist, marketing specialist, and legislative advocate.
Family financial services graduates may find employment as financial planners or counselors; life insurance, credit or benefits counselors; loan officers; or financial analysts.
Salary estimates
Beginning salaries for graduates of the consumer and family financial services major range from $30,000 to $50,000, depending on candidates’ skills, previous work experiences and other factors determined by various employers.
Requirements
Entry Requirements
Criteria of our holistic review, in no particular order.
Successful completion of university preparatory courses
High school performance (class rank or GPA), including participation in accelerated programs like Honors, AP and IB; Ohio State does not have minimum requirements for class rank or GPA
Standardized test score (ACT or SAT); Ohio State does not have minimum requirements for ACT or SAT scores
Ohio State has adopted a TEST-OPTIONAL policy for 2022 applicants. Learn more.
Ability and desire to contribute to and engage with a diverse campus community
Experiences that demonstrate leadership or engaged involvement (e.g., co-curricular activities, work experiences or military service)
Status as a first-generation university student
Demonstration of outstanding talent in a particular area
High school performance if adversely affected by physical, mental or learning environment factors
Eligibility for and likelihood of benefiting from organized support services at Ohio State
Enrollment in your intended major
Once it is determined that you are admissible, you will be considered for enrollment in the college of your intended major. Read about
English Program Requirements
we require evidence of English language proficiency, unless you have completed three full years of school at a U.S. regionally accredited high school or if you are a citizen of, or have received a bachelor’s degree from, Australia, Belize, British Caribbean, British West Indies, Canada (except Quebec), England, Guyana, Ireland, Liberia, New Zealand, Scotland, the United States or Wales.
Fee Information
Tuition Fee
TRY 35,018How to Apply
How do I submit scores?
Ohio State has adopted a TEST-OPTIONAL policy for 2022 applicants. Learn more.
Tips for sending scores to Ohio State
Scores must come directly from the testing agency. When you register for the ACT or SAT, indicate that you want your scores sent to Ohio State.
If you already took the test but didn't send your scores to Ohio State, you can order them for a fee. Order in advance to be sure scores reach us by the application deadline.
We must receive standardized test scores by your application deadline (either November 1 or February 1 for autumn semester applicants).
October 2 (SAT) and October 23 (ACT) are your last 2021 test dates if you want your scores to be considered for our November 1 early action deadline. Important! If you plan to test on those dates, you must request that Ohio State receive scores when you register for the test. And please note: If you choose to have your scores considered, you won’t be able to review scores from these dates prior to submitting your application by the November 1 deadline.
Applicants who will have been out of high school for two or more years by their term of enrollment are not required to submit scores.
Is the essay required?
The essay is not required for either the ACT or SAT.
Should I take a standardized test more than once?
Ohio State looks at the highest composite score from a single test date. Taking the test (and having scores sent to us) more than once, while not required, may work to your advantage.
How does Ohio State look at scores?
When considering students for admission or Honors and Scholars selection, we consider the best official composite / combined score from a single test administration. Ohio State does not mix sub-scores from multiple tests.
These items plus the Common Application (STEP 3) make up a complete application. We must receive all items by the deadline to consider your application on time.
Official transcripts
High school transcripts
Request that your high school or secondary school send transcripts / documents / official copies of examination certificates for coursework from the final four years (grades 9-12) to Ohio State.
How to send your transcripts to Ohio State:
Your high school counselor can upload the transcripts / documents / official copies of examination certificates using Common App, Naviance or other secure electronic delivery service.
Your high school counselor can email the transcripts to [email protected].
If electronic submission is not possible, please mail your official transcripts to our express mail address.
Faxed transcripts will not be accepted.
Foreign language documents must be translated into English by the issuing institution, an authorized translator or a teacher of the language. Any additional requirements will be posted to your Applicant Center, so be sure to check your application status regularly after you've applied.
Official ACT or SAT scores
Ohio State has adopted a TEST-OPTIONAL policy for 2022 applicants. Learn more.How do I submit my scores?
We must receive your official ACT or SAT score sent electronically directly from the testing agency. Scores from transcripts will not be considered. Read more about score requirements in STEP 1.
Optional: Recommendation from a teacher or counselor
While not required, your counselor may send a maximum of two letters of recommendation electronically through the Common Application.
If an electronic option isn’t available, your counselor may email your letter(s) to
[email protected]; the letter must include your first and last name and OSU ID number, found on the email we send acknowledging receipt of your application. Letters sent via email are subject to sender verification.
Official proof of English language skills
You must request that your testing agency send official scores electronically to Ohio State demonstrating the English proficiency level outlined below:
TOEFL (internet-based test or internet-based test Home Edition*): 79 or higher
IELTS or IELTS Indicator*: 6.5 or higher
ACT: 21 or higher on the English section
SAT: 27 or higher on the Reading Test
Duolingo*: 105 or higher
You are exempt from this requirement if you have completed three full years of school at a U.S. regionally accredited high school or if you are a citizen of, or have received a bachelor’s degree from, Australia, Belize, British Caribbean, British West Indies, Canada (except Quebec), England, Guyana, Ireland, Liberia, New Zealand, Scotland, the United States or Wales.
Ohio State has an intensive English program for students who wish to improve their language skills called the American Language Program. A separate application is required for this program. Ohio State does not offer conditional admission to students who enroll in the American Language Program.
*To accommodate applicants affected by the COVID-19 pandemic, The Ohio State University will accept Duolingo, the IELTS Indicator and the TOEFL internet-based test Home Edition from any international student applying for spring 2022 or autumn 2022 admission. All Duolingo test takers are required to take an English placement exam upon arrival to campus. TOEFL Home Edition and IELTS Indicator test takers are required to take an English placement exam upon arrival unless they qualify for a TOEFL or IELTS score exemption.
Consumer and Family Financial Services
The Ohio State University
United States of America,
Columbus
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